*** Genting (Singapore/HK/Malaysia) News: May Consider Dividends - Citi ***

daniel888

DJ MARKET TALK: Genting S'pore Target Changed 76X Past Yr -Nomura

14/09/2010 11:58 - 0357 GMT [Dow Jones] No one really knows actual size of Singapore's casino gaming market, judging from 49 target price upgrades by analysts for Genting Singapore (G13.SG) as of last Thursday over past year, says Nomura. Notes including 27 downgrades over same period, total of 76 changes have been made to target prices; "the guessing game continues with consensus price targets going as high as to imply it is worth more than the three Singapore banks and larger than the combined market caps of all the Macau-listed names." Says frequency of upgrades shows there are lots of novelty factors at play, could take a year for euphoria to die down; "by extrapolating the street's frequency and quantum of upgrades, the implied price target for Genting Singapore could possibly hit S$10 soon." But sticks to its Reduce call, S$1.01 target, based on average of 12X EV/EBITDA fetched by Macau operators. Shares off 1.0% at S$1.97. (frankie.ho@dowjones.com)

daniel888

回复 79# Real.SHIN


DJ MARKET TALK: Strong Interest In Genting Group; Top Mkt Volume

13/09/2010 16:04 - 0803 GMT [Dow Jones] Genting Hong Kong (S21.SG), Genting Singapore (G13.SG) most sought-after stocks in Singapore, together accounting for about one-third of market's total volume. Genting Hong Kong +11.4% at US$0.49, extending 54.4% gain so far this month, on continued optimism over earnings prospects given cruise operator's 50%-owned gaming investment Resorts World Manila. Just when interest in sister firm Genting Singapore starting to soften in recent sessions after strong rally in past months (stock up by milder 8.3% since beginning September), shares +6.6% at new multi-year high of S$1.95. "There were a few kind reports on Genting Singapore today," says trader at local brokerage, referring to CLSA's target price upgrade to S$3.00 from S$2.00 to factor in better earnings visibility, plus Daiwa's initiation at Outperform with S$2.06 target. Huge volume on both stocks indicates strong momentum, which could last in coming days despite technical indicators showing both severely overbought. (frankie.ho@dowjones.com)

daniel888

DJ MARKET TALK: DBSV Ups Genting Singapore Target To S$2.36

15/09/2010 11:55 - 0354 GMT [Dow Jones] STOCK CALL: DBS Vickers lifts Genting Singapore (G13.SG) target price to S$2.36 from S$2.00, based on 16.5X 2011-2012 EV/EBITDA vs 15X assigned to Wynn Macau (1128.HK). Says gaming group deserves premium valuation as it has highest profitability among Asian peers, strong earnings growth, backed by Singapore's duopoly gaming market. Keeps Buy call; "the next wave of re-rating will likely come from (valuation) multiple expansions as earnings visibility improves and Asian robust consumption theme continues to be in vogue." Shares +2.1% at S$1.95. (frankie.ho@dowjones.com)

daniel888

DJ MARKET TALK: Citi Ups Genting Singapore Target To S$2.45; Buy

16/09/2010 08:55 - 0054 GMT [Dow Jones] STOCK CALL: Citigroup lifts Genting Singapore (G13.SG) target price to S$2.45 from S$1.55, based on 15.3X 2011 EV/EBITDA vs 12.5X previously. Keeps Buy call; "given a duopoly, a significantly larger market size than we had originally anticipated and the higher margins given the low Singapore tax, we now believe it is appropriate to value Singapore at a 30% premium to Macau." Says while non-gaming attractions at Resorts World Sentosa will take considerable time to break even, they will nonetheless attract more visitors, potentially leading to more gaming revenue. Shares closed +3.1% at S$1.97 yesterday. (frankie.ho@dowjones.com)

daniel888

DJ MARKET TALK: Genting S'pore Flat; Underestimated By Market-OSK

17/09/2010 11:15 - 0314 GMT [Dow Jones] Genting Singapore (G13.SG) flat at S$2.03, pausing for breather after setting record S$2.06 high in early trade on continued optimism over gaming group's Resorts World Sentosa. "Momentum is waning and the stock has been rising on declining volume," dealer says; "it needs positive surprise to justify the rise as much of the positives appear priced in." Immediate support at 5-day moving average, last at S$1.98. OSK, which has Buy call with S$2.65 target, says stock could still head higher, backed by stronger-than-expected margins, gaming volume growth; "the market is underestimating RWS' sustainable EBITDA run rates given the benign supply environment and low gaming tax rates over the foreseeable future, which allow the group to boost margins from future operating leverage gains." (frankie.ho@dowjones.com)

daniel888

DJ MARKET TALK: Genting Singapore +3.6%; Fundamentals Strong -UBS

20/09/2010 12:07 - 0406 GMT [Dow Jones] Genting Singapore (G13.SG) top percentage gainer among STI components, +3.6% at S$2.16, extending last week's 14.2% rally. Together with sister firm Genting Hong Kong (S21.SG), both stocks again most active in Singapore. "We are positive on the fundamentals of GENS as the Singapore casino gaming market has proven to be larger than expected," according to UBS Wealth Management Research; "GENS has also managed to use its first-mover advantage and better understanding of local clients' preferences to garner a larger-than-expected market share in the Singapore casino gaming market." But notes valuation no longer attractive after price rally. Despite RSI on daily, weekly, monthly charts showing stock severely overbought, shares continue to attempt new highs almost daily, +23.7% since beginning September vs STI +4.3% over same period. Orderbook quotes suggest price may head up to S$2.20. Genting Hong Kong +4.8% at US$0.545. (frankie.ho@dowjones.com)

kcchiew

没有人留意到这新闻吗？已经是一天前的事了。



http://www.metrohk.com.hk/index.php?cmd=detail&id=143999

內地客上賭船 輸300萬賠命 輸到跳海


賭錢可以輸命！一名內地客前日來港，參加一艘郵輪的兩天海上遊，但昨晨郵輪回航途經果洲群島時，他突然跨過船欄跳海自殺，水警將其救起證實不治。消息指出，他在船上貴賓賭廳豪賭「百家樂」，輸掉超過300萬 元及欠下巨債，結果一死了之。


51歲死者姓徐，前日參加本港的麗星郵輪「寶瓶星號」兩天遊，旅費千多元，船上節目包括有汪明荃演唱會，郵輪前日出發，駛出公海過了一夜後，原定昨早10時返港。 消息指出，事主上船後，常在賭場貴賓廳耍樂，通宵專玩「百家樂」，可惜他手風不順，連番敗北，至昨日清晨時份，已輸去至少超過300萬元，由於輸光金錢及欠下巨債，他自知翻身無望，萬念俱灰下離開賭廳。 至昨早8時許，郵輪回程返港途經果洲群島附近，船上職員從閉路電視發現一名身裁肥胖穿紅衫的中年男子，跨過船邊欄杆跳海，船長隨即停航，通知香港警方表示郵輪上有人跳海失蹤。 水警輪到場在海面搜索，一小時後於海面發現該名疑為跳海的中年男子，將他撈起證實已死亡，遂將屍體送回郵輪。郵輪再度啟航於中午時份駛返尖沙嘴海運碼頭，屍體在下午2時許運往殮房，警員撿走死者遺物，包括其證件及多張信用卡。 警方調查相信，死者因賭錢輸錢而跳海自殺，事件無可疑，警方已將事件及死者資料通知內地有關部門。

葉芬

没有人留意到这新闻吗？已经是一天前的事了。
kcchiew 发表于 20-9-2010 10:16 PM

    在看新聞時有看到，不過沒有貼上來。

神隐

所以今天gen hk 掉？

葉芬

所以今天gen hk 掉？
神隐 发表于 24-9-2010 09:20 PM

Gen HK 跌並不是因為那新聞 。。

她跌是因為炒家炒高了多天價錢，現在套利。

神隐

回复 90# 葉芬


   嗯。。。我赞同。。。在这两天的成交量比之前少了很多，看来有一些大鳄都已经抛售了

CHLaw

http://www.zaobao.com/yx/yx100926_003.shtml

“阿嫂兵团”赶搭“赌巴”赴新
每天30辆火红川行

（2010-09-26）

自从新加坡的赌场开张营业之后，马来西亚就出现了一种新的巴士服务，那就是“赌巴”，它们每天风雨不改，从马国各地免费载送赌客前往新加坡赌场。

　　（新山讯）最近的几个马来西亚公共假日，新加坡兀兰关卡和马新第二通道关卡，都排起了长长的车龙。不过，和以往很不一样的是，受困者当中，很多都是要去两家赌场——圣淘沙名胜世界和滨海湾金沙“搏杀”的赌客。

　　《星洲日报》报道，国庆日的那一天，单是载送赌客前往新加坡两座赌场的专用巴士，就有200多辆之多，当中，有的甚至是从霹雳州怡保及马六甲远道而来。

　　自从新加坡的赌场开张营业之后，马来西亚就出现了一种新的巴士服务，那就是“赌巴”，它们每天风雨不改，从马国各地免费载送赌客前往新加坡赌场。

........

老猫与蛇

“阿嫂兵团”赶搭“赌巴”赴新
每天30辆火红川行

（2010-09-26）

自从新加坡的赌场开张营业之后 ...
CHLaw 发表于 26-9-2010 03:42 PM

搞到很多人家破...

kcchiew

回复 92# CHLaw


赌巴一直都存在着；大马云顶也是有这类服务的， 只是应该不比去新加坡的赌巴多。

希望那只是赌客贪鲜的心态，那么久而久之人潮应该会减低。   

（若长久下去， ＂人亡＂是无可避免了。。。）

daniel888

DJ MARKET TALK: Deutsche Ups Genting Singapore Target To S$2.60

27/09/2010 08:30 - 0029 GMT [Dow Jones] STOCK CALL: Deutsche Bank lifts Genting Singapore (G13.SG) target price to S$2.60 from S$1.93, based on 14X EV/EBITDA, after raising core FY10-12 earnings forecasts by 34%-42%; "we believe Street expectations are still reasonable and see further upside should junkets be allowed to operate." Expects junkets to be licensed in Singapore by early 2011; "we understand that roughly 20 junkets have applied for a license with the Casino Regulatory Authority and an interview process has begun." Keeps Buy call, but expects limited upside in near term after recent strong run-up. Shares down 2.9% at S$2.01 Friday, +18.9% so far this month. (frankie.ho@dowjones.com)

daniel888

DJ MARKET TALK: Genting Singapore Off 1.5%; CEO Pares Stake

28/09/2010 09:53 - 0152 GMT [Dow Jones] Genting Singapore (G13.SG) off 1.5% at S$1.99, bucking gains by most other STI components, as CEO Tan Hee Teck's sale of own shares in open market prompts other investors to follow suit. According to SGX filing, Tan sold 900,000 shares yesterday at S$2.047 each at own discretion, trimming his direct stake to 0.010% from 0.017%. Move not unusual with stock +19.5% since start of September, +72.6% since beginning 2H10 vs STI +5.5%, +9.8% over same periods. Having substantially outperformed Singapore market since returning to profitability in 2Q10, stock's performance for rest of year hinges largely on 3Q10 results, likely due in November. Immediate support for time being tipped at 20-day moving average, last at S$1.93. (frankie.ho@dowjones.com)

daniel888

DJ MARKET TALK: HwangDBS Ups Genting Target To MYR13.00;Keeps Buy

28/09/2010 11:53 - 0352 GMT [Dow Jones] STOCK CALL: HwangDBS Vickers Research raises Genting (3182.KU) target to MYR13.00 from MYR10.80, keeps Buy recommendation. Says, following strong rise in shares on back of improved earnings outlook, next re-rating catalyst will come from enhancement of Genting brand globally given group's presence in U.S., U.K., Philippines, Singapore, Malaysia. Notes, among group's listed companies, parent Genting offers the most comprehensive exposure to group's range of businesses, also has more resilient earnings base, is more attractively valued at 7X 2011 EV/EBITDA vs Genting Singapore's (G13.SG) 16X. Adds based on sum-of-parts valuation, current market price of shares means investors getting Genting's oil & gas, power assets, which generate EBITDA of MYR400 million/year, for free. Genting last +1.2% at MYR9.85. (benjamin.low@dowjones.com)

daniel888

DJ MARKET TALK: Genting Hong Kong Off 10.5%; US$0.40 Support

28/09/2010 16:23 - 0822 GMT [Dow Jones] Genting Hong Kong (S21.SG) down 10.5% at almost 3-week low of US$0.425 in active trade, as pullback in sister company's stock due to sale of shares in open market by Genting Singapore's (G13.SG) CEO fuels concerns cruise company's top executives may do the same, especially after stock's huge run-up in recent weeks. Genting Singapore (G13.SG) last off 4.0% at S$1.94. Genting Hong Kong +66.7% in September alone, while Genting Singapore +19.5% so far this month. "Current valuation (for Genting Hong Kong) looks expensive," says DBS Vickers analyst Yee Mei Hui. 30-day moving average, last at US$0.40, expected as support. According to SGX filing, Genting Singapore CEO Tan Hee Teck sold 900,000 shares yesterday at S$2.047 each at own discretion, trimming his direct stake to 0.010% from 0.017%. (frankie.ho@dowjones.com)

daniel888

DJ MARKET TALK: Genting Singapore Off 1.0%; Time To Buy - OSK

29/09/2010 11:11 - 0310 GMT [Dow Jones] Genting Singapore (G13.SG) down 1.0% at S$1.93, extending yesterday's 3.5% fall, as investors still wary after CEO Tan Hee Teck's recent sale of his own shares in open market. News contributing to stock's fall of as much as 13.3% since reaching 52-week high of S$2.18 last week. Near-term support at 30-day moving average, last at S$1.82. "We see the selldown as an opportunity to accumulate as it does not change our fundamental view of the group, as employee stock option of upper management staff does get replenished anyway and the CEO still has 1.1 million employee stock option shares remaining," says OSK, which has Buy call with S$2.65 target. Having substantially outperformed Singapore market since returning to profitability in 2Q10, stock's performance for rest of year hinges largely on 3Q10 results, likely due in November. (frankie.ho@dowjones.com)

daniel888

DJ MARKET TALK: Macquarie Cuts Genting Singapore To Neutral

30/09/2010 08:34 - 0033 GMT [Dow Jones] STOCK CALL: Macquarie downgrades Genting Singapore (G13.SG) to Neutral from Outperform, cuts target price to S$1.75 from S$2.10 to account for lower longer-term growth projections; "we think market growth will stabilise and the current price is factoring in overly optimistic growth assumptions." Notes Resorts World Sentosa's performance peaked in April, before opening of Marina Bay Sands, has since been tad lower. Says RWS patronage may be affected when Galaxy Entertainment (0027.HK) opens its integrated resort in Macau in 1Q11. Adds increased intervention in gaming business by Singapore government can't be ruled out, given recent order by country's casino regulator for both operators to stop bus services shuttling Singaporeans; "this highlights the political sensitivity to locals gambling and raises the level of political risk in the market." Shares down 2.6% at S$1.90 yesterday. (frankie.ho@dowjones.com)