Author Topic: Genting (Read 3427 times)

Nanzhan · « **on:** May 11, 2007, 02:26:30 PM »

RM8.10 right now should be cheap right. However, shall wait for below RM8 coz that will translate to RM40 and below before split. What do you think Max?

Maxforce · « **Reply #1 on:** May 11, 2007, 03:05:38 PM »

I m still waiting.
For me Genting would be investment, not for trading.
So I want to buy only on Mega Sale

DenLee · « **Reply #2 on:** May 12, 2007, 12:36:01 AM »

If the market continue like this, it would be Mega sales next week.

Maxforce · « **Reply #3 on:** May 12, 2007, 12:49:11 AM »

Not yet time. Not yet.

rob2001al2001 · « **Reply #4 on:** May 12, 2007, 03:35:43 PM »

Whats mega sale? How do you predict its next week?

boyboycute · « **Reply #5 on:** May 13, 2007, 01:55:07 PM »

According to fundamental value,Genting does not worth that much.To gain more insights read Value Investing In KLSE at http://boyboycute.wordpress.com

Maxforce · « **Reply #6 on:** May 13, 2007, 03:13:05 PM »

Been there in the blog.
Didnt find anything.
How about an exact link?

RL · « **Reply #7 on:** May 13, 2007, 06:22:16 PM »

Hmm... Mega sale... I agree with Max. i think it is probably not the time yet. i think the KLCI is not likely to close below 1346 next week. However, it is definitely important to remember to keep your stops ready if things do go unexpectedly..

Regards..

Salahdin · « **Reply #8 on:** May 15, 2007, 09:56:45 AM »

Genting becoming cheaper this morning...

Salahdin · « **Reply #9 on:** May 15, 2007, 12:23:58 PM »

Is this the mega sales or it could come even lower? At this price, Genting is RM39 before share split..

Maxforce · « **Reply #10 on:** May 15, 2007, 01:12:55 PM »

I think at this moment, no one knows.
Maybe later we will know

penang_lim · « **Reply #11 on:** May 15, 2007, 05:22:12 PM »

At this price, Genting is cheap. It was like RM38.75.

Maxforce · « **Reply #12 on:** May 15, 2007, 05:30:27 PM »

What is cheap, what is expensive?

Nanzhan · « **Reply #13 on:** May 15, 2007, 05:31:54 PM »

I always look at PE ratio as a guide. I feel that Genting is cheap too. Am I right?

Maxforce · « **Reply #14 on:** May 15, 2007, 05:34:15 PM »

Cheap in relation to PE?
Then you re one step behind.
If you want to use PE, then look at analyst's report, they analyse with forecast PE - then you will be one step ahead.

Nanzhan · « **Reply #15 on:** May 15, 2007, 05:36:10 PM »

Analyst report. Is it the one that is offered in The Edge and those investment banks. Some of the report are biase right?

Maxforce · « **Reply #16 on:** May 15, 2007, 06:03:56 PM »

Yeap, some by investment banks, The Edge, ICap, The Star, etc etc.
Then, look at their basis for the PE.
From there you see right or not.
I started off as fundamentalist and I always question analysts' report.
Some I agree, some I dont agree.

PS: This style would mean you looking at longer term horizon. It would be investing.

Nanzhan · « **Reply #17 on:** May 16, 2007, 10:18:01 AM »

Good, shall make full use of PE coupled with Analyst data. Btw, Genting seemed to rebounced this morning.

Salahdin · « **Reply #18 on:** May 17, 2007, 03:19:26 PM »

Its recovery might be expected but trading on his counter is still volatile with lots of trading going on.

jeybon · « **Reply #19 on:** May 18, 2007, 05:43:16 PM »

The quarter announcement that will come soon seemd to give good hope for Genting. Got in at low last few days...

Nanzhan · « **Reply #20 on:** May 21, 2007, 09:43:47 PM »

Interesting development....Genting is becoming cheaper....

DenLee · « **Reply #21 on:** May 24, 2007, 10:31:01 PM »

Uncertainty on Genting’s project in Singapore had made this counter volatile. Infact, current price was at RM39 before the dividend and the spliting. Would it turned into megasales like mentioned by Max? Let’s wait and see. Prepare your M bullet…

Nanzhan · « **Reply #22 on:** June 01, 2007, 04:28:32 PM »

Max,
Have the megasales over? Btw, which price should I wait for? Is it around RM7.20? RM36 before splits..thanks

Maxforce · « **Reply #23 on:** June 01, 2007, 05:19:29 PM »

50-50 chance oh.
For me, if I buy, for long term, not for play play short term.
So I wait more.

Salahdin · « **Reply #24 on:** June 01, 2007, 05:28:38 PM »

The price is still fluctuating. Agree with Max that we should wait for better deal to come.

Maxforce · « **Reply #25 on:** June 01, 2007, 06:11:21 PM »

TA wise, next few day will tell you. Enter or wait
But chances still more on wait. So I wait

Basher · « **Reply #26 on:** June 02, 2007, 05:08:13 PM »

i feel 7.80 - 8.00 also can enter .... based on the last quarter earnings it have further improved then the previous quarters.... should have went up further upon the announcement

Nanzhan · « **Reply #27 on:** June 05, 2007, 12:59:25 PM »

It stays at the same range right now....shall wait for cheaperlike RM7.50

Salahdin · « **Reply #28 on:** June 05, 2007, 01:11:37 PM »

Quote from: Maxforce on June 01, 2007, 06:11:21 PM

TA wise, next few day will tell you. Enter or wait
But chances still more on wait. So I wait

Thanks. Was still waiting but heard that after school holiday, share market always up. How far is it true?

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Author Topic: Genting (Read 3427 times)