Friday, April 30, 2010

Special Birthday Gift : Market Report on 30-04-2010

US Stock gained strenght last week on the back of impressive earnings. Since March 2009, we must accept that Global Economy (including US) is improving. Now, i believe that this is not an opportune time to deploy cash/capital into stocks. I personally believe that current marekt is slightly overvalued.

I urge all my friends/investors to remain cautious. I see many headwinds which can "derail"  the uptrend.

My final advice :
"Complacency can be your worst enemy" - Peter Lee

Tuesday, April 27, 2010

GENTING BERHAD : GENTING SP Quarterly Earning Review

1Q10 results are due to be released in May, but will be affected by several factors.

Positive factors:
1) Chinese New Year festivities, traditionally, a peak season and
2) Genting Singapore was the sole casino operator in Singapore.
3) Attractive contribution from Universal Studio theme park.
Negative factors:
1) the pre-opening expenses,
2) only six weeks of casino operations,
3) the gradual ramp-up of casino, starting at 50% utilisation.