*Official* Genting SP

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For me I would stay on the long side :(

Cuz, the pattern not obvious enough and rook rike consolidation/trading sideways :(

Jin confusing :(

lt8FDPE.png
 

strangerjun

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For me I would stay on the long side :(

Cuz, the pattern not obvious enough and rook rike consolidation/trading sideways :(

Jin confusing :(

lt8FDPE.png

The pattern not well defined. But better to be cautious. Right now supported by 3 supports though.
 

ccostagmont

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For me I would stay on the long side :(

Cuz, the pattern not obvious enough and rook rike consolidation/trading sideways :(

Jin confusing :(

lt8FDPE.png

see this type of chart, confirm up lorry one.
it will die die trend down to close gap @ 0.760...
 

Mecisteus

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If anyone is interested in a casino gaming counter, LVS is a better buy. Stronger financial position and higher dividend yield. Even after 30% tax, still much higher yield than Genting.
 

Sinkie

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If anyone is interested in a casino gaming counter, LVS is a better buy. Stronger financial position and higher dividend yield. Even after 30% tax, still much higher yield than Genting.

No, mbs earning has to be converted into usd from sgd when they declare their earning, their number might be affected by the usd/sgd rate next qtr.
 

Mecisteus

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No, mbs earning has to be converted into usd from sgd when they declare their earning, their number might be affected by the usd/sgd rate next qtr.

No doubt about the FX loss but it should be mitigated by the stronger recovery in gaming revenue. If you compare the profitability of local gaming, LVS has an upper hand. Also, LVS has a better shareholder returns. For Genting, their dividends for shareholders are capped because of the preference shares.
 
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