Genting - Sucker's Play

On August 10th after trading hours, Genting Singapore released their disappointing results, however the stock price rallied after that from Aug 13th till today. See the news/results below.

Why is it so? Is the results there to scare the public? Is the media the driving force behind the stock market? What did the insiders do to create a breakout after that? What was the rationale behind? How are traders/investors able to profit from it? How can we as retailers know what are the insiders are doing? In my course, I shall revealed all these whys, whats and hows.

This is absolutely adroit rigging at it's best and it's not visible to the naked eye. To win this game, we must know what are the BBs trying to achieve and how to follow their activity so that we shall not be slaughtered for our hard earned money. For those who registered for tonight's event, I will share with you something so that you time is not wasted.
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Fri Aug 10, 2012 7:17am EDT

* Genting Singapore Q2 EBITDA S$306.3 mln vs consensus S$361
mln
    * Hotel occupancy and room rates in Q2 at record high
    * Genting, Las Vegas Sands' casinos in Singapore saw lower
Q2 gaming revenue


    By Charmian Kok
    SINGAPORE, Aug 10 (Reuters) - Genting Singapore,
which owns one of Singapore's two multibillion-dollar casino
complexes, posted lower quarterly core earnings that missed
expectations as gaming revenue fell and expenses rose.
    The Singapore casino operator's results miss came after
rival Las Vegas Sands, owned by billionaire Sheldon
Adelson, announced smaller-than-expected quarterly earnings in
July, hit by lower profits from the city-state and Macau.
 
    With gaming revenue in Singapore facing headwinds, analysts
say Genting's Malaysian parent Genting Berhad faces
increasing pressure to expand overseas. 
    In June, the gaming group applied to raise its stake in
casino operator Echo Entertainment to above 10 percent,
potentially pitting it in a $3 billion-plus takeover battle
against Australian billionaire James Packer. 
    Genting Singapore said on Friday its gaming revenue in
April-June dipped 4 percent from a year ago, as it earned
S$306.3 million ($246.25 million) before interest, tax,
depreciation and amortisation (EBITDA), or core earnings, down
from S$382.7 million a year earlier. 
    This was below an average estimate of S$361 million,
according to three analysts surveyed by Reuters. The company
derives most of its EBITDA from its Singapore casino Resorts
World Sentosa. 
    "Gaming revenue dipped slightly, but this was not unexpected
given the overall slowdown in business environment, even in
Macau," said Tan Hee Teck, Genting Singapore's president and
chief operating officer, according to briefing notes of an
analyst call seen by Reuters. 
    Genting Singapore's EBITDA was also lower than the $330.4
million reported by Singapore rival Marina Bay Sands, owned by 
Las Vegas Sands. However, adjusted property EBITDA at Sands'
Singapore complex plunged 75 percent from a year ago, as gaming
revenues fell 7.5 percent.
    
    NON-GAMING BUSINESS GAINS
    Marina Bay Sands and Resorts World are the world's second-
and third-most expensive casino complexes after MGM's CityCenter
in Las Vegas, and their profits and profit margins are among the
highest globally.
    Earlier, in an emailed statement, Genting Singapore said its
adjusted EBITDA was S$311 million. Genting Singapore's
second-quarter net profit fell 32 percent to S$165.5 million
from a year ago.
    Genting Singapore said its non-gaming business performed
well, with hotel occupancy and average room rates in the second
quarter at an all-time high of 92 percent and S$432,
respectively, boosted by more daily visitors at theme park
Universal Studios Singapore. 
    Genting Singapore shares have fallen about 15 percent so far
this year, underperforming the benchmark Straits Times Index's
 15 percent rise in the same period. 
    Genting Berhad now sits on more cash than any other gaming
operator in the world. Earlier this year, Genting Singapore
raised S$2.3 billion through perpetual securities, stoking
speculation it will embark on an acquisition spree.
 

    Q2 results for Singapore's two casino-resorts in U.S.
dollars:
                Resorts World Sentosa      Marina Bay Sands
 Net revenue    $564.5 mln                 $694.8 mln
 Adjusted       $250 mln                   $330.4 mln
 EBITDA                                    
 EBITDA margin  44.3 pct                   47.6 pct

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Ronald K - Market Psychologist - The Big Speculator

GLP - Before Appearance In Top Volume

In my entire blog, I had spotted many counters many times before it even appeared in top volume. Last week I was just shorting GLP, sharing to a crowd who came for my preview and today it appeared in top volume. Within seconds, GLP went from 2.33/2.34 to 2.35/2.36 like what I speculated at 8.28am before the SIMSCI futures even open on not to short when I posted in the morning. How do I know that the BBs will create some sort of activity today? In my course, I shall show you the secrets behind. Thank you for those who already sign up, you shall be the few lucky ones who gets to know sensitive information before the public which gives you a trading edge. See you guys tonight for those who registered.

http://stockmarketmindgames.blogspot.sg/2012/08/perplex-activity.html
http://stockmarketmindgames.blogspot.sg/2012/08/glp-profits-secured.html

Ronald K - Market Psychologist - The Big Speculator

Perplex Activity

After a long weekend, I decided that it's not wise to short the market today. I will debunk the BBs activity today in my preview.  When everyone thinks the market is toppish and start shorting, that's where the BBs will come in to squirm out the shortists and do the reverse.

Update 9.23AM, August 21st, 2012  

My speculated predictions came true again!

Update 3.50AM, August 21st, 2012  

STI continued it's charged, most shortists were killed.

Ronald K - Market Psychologist - The Big Speculator

Trading in a rigged market

Trading in a rigged market is never easy unless you know the how the game is operated. It took me some years before I fully understand why all markets are rigged and why there is no way that the public can be a constant winner. He may be winning a few times but the one last time when he puts everything onto the line, that's where the pitfall commence. In my preview tomorrow, I strongly encourage you to speak to me if you are interested to know about rigging. Look at this tiger air article on July 20th 2011, if you still doubt the power of the BBs, think twice and ask yourself how many times you were burned?

http://stockmarketmindgames.blogspot.sg/2011/07/tigerair-questioned.html


Source: http://www.sgx.com/ 

20 July 2011

Angela Chan Mui Chin 
Company Secretary
Tiger Airways Holdings Ltd
50 Raffles Place
#32-01 Singapore Land Tower
Singapore 048623
Dear Madam

QUERY REGARDING TRADING ACTIVITY

We have noted, and draw to your attention, a substantial increase in the price of your shares today.
To ensure a fair, orderly and transparent market, please answer each of the following:

Question 1: Are you aware of any information not previously announced concerning you (the issuer),
your subsidiaries or associated companies which, if known, might explain the trading? 
- If yes, the information must be announced immediately.

Question 2: Are you aware of any other possible explanation for the trading?

Question 3: Can you confirm your compliance with the listing rules and, in particular, listing rule 703?

Please respond immediately via SGXNET. Where appropriate, you may want to request a trading halt or a suspension of trading.
Please contact Market Control (or, if you need to discuss the matter, your Account Manager in Issuer Regulation) immediately.
Thank you for your cooperation.

We have released this letter via SGXNET. 

Yours faithfully
Kelvin Koh
Vice President
Head, Market Surveillance
Risk Management & Regulation

Notes:
1. Subject to limited exceptions in rule 703, an issuer must announce any information known to the issuer concerning it or any of
its subsidiaries or associated companies which is necessary to avoid the establishment of a false market in the issuer’s securities,
or would be likely to materially affect the price or value of its securities must be publicly disclosed (rule 703).

2. An issuer must undertake a review to determine the causes of any unusual
trading activity (paragraph 20 of Appendix 7.1). 

3. An announcement should, among other things, state whether the issuer or any of its
directors are aware of the reasons for the unusual trading activity and whether there
is any material information which has not been publicly disclosed (paragraph 31 of Appendix 7.1). 

4. Your responsibility under listing rules is not confined to, or necessarily satisfied by,
answering the questions in this letter.


Ronald K - Market Psychologist - The Big Speculator

F&N - Rigged

Hello everyone, the preview last Friday was a great session where I got to meet and interact with a lot of new people whom I have not met before and also some who were my die hard fans. It was my great pleasure to share with you my views on stocks like Cosco, CMZ, F&N and some others, the current price and it's possible direction in the short term. I hope you guys can take some time to go through my entire blog and see the trade records and sample the calls for yourself.

In my next preview, I shall show you how can you really make money in the market that is rigged for a stock like F&N by the BBs. Recent events that was happening in F&N, it's not really easy to gauge where is this stock trending because it was halt several times with "big news" always standing by. Common knowledge shows that stocks and market are indeed rigged so that the public are always the sucker class at the mercy of the BBs. The good news for us traders is there is a way we can follow the BBs activities and profit from it. I think the last quarter of 2012 will be a good trading opportunity for us as traders to take advantage of market conditions and capitalize on it. The chart is like a different language protocol that tells us the story how BBs buy/sell. It's like a piano with black and white keyboards and it takes the person who underwent training to paint a beautiful melody.

In my coming stock operation course, I am going to share with you secrets about rigging, the sights of my thought process when I take a trade and the confidence that I have when I make accurate calls on stocks and markets. One thing that I have learned throughout my speculation journey as a speculator is the believe and trust system on whether you make it or not. I am going to show you if you believe in yourself, you are going to be a winner. Like I said, if a public like me can do it, I don't see why you can't achieve the same results too.

Come for my preview this Tues and speak to me, let me share my thoughts and the painstaking journey that I went through before I discovered a sound method to track the BBs activities. Details for registration is as below:

Date: 21 August 2012
Time: 7.00pm to 8.30pm
Venue: City Index Asia Pte Ltd
6 Battery Road
#20-01
Singapore 049909
(Next to Raffles Place MRT Station)

Contact Gill at manveer.gill@cityindexasia.com with the following details.

Subject: Attending Stock Operator Course Preview
Contents: Name, e-mail address and mobile number.

Ronald K - Market Psychologist - The Big Speculator

Stock Operator Course Preview

I am holding a 3rd session for the Stock Operator Course preview for those who were unable to attend. Please quickly register with Gill at the below mentioned e-mail address as the seats are LIMITED at 30 only. The details are as below.

Date: 21 August 2012
Time: 7.00pm to 8.30pm
Venue: City Index Asia Pte Ltd
6 Battery Road
#20-01
Singapore 049909
(Next to Raffles Place MRT Station)

Contact Gill at manveer.gill@cityindexasia.com with the following details.

Subject: Attending Stock Operator Course Preview
Contents: Name, e-mail address and mobile number.


Ronald K - Market Psychologist - The Big Speculator

Keppel Corp - Barriers Broken

Last Friday during the preview, someone asked for Kepcorp and I told her that there was no profit taking from the BBs yet. Today a week later, there was still no profit taking as of now and it trended higher! Congrats to those who were in the preview last Friday. :)

Ronald K - Market Psychologist - The Big Speculator

GLP - Profits Secured

Just secured my profits for GLP. It's a slow moving stock, lost some patience and decided to move on to others where there are better potentials. Might be in again if I see a turn or I might not. I shall watch. A long weekend is coming, I don't want to jeopardize my positions. My mind is clear now.

Ronald K - Market Psychologist - The Big Speculator

Pennies - Starting Soon

Pennies season should be starting soon. I will post when the time comes. Coming Monday is a public holiday, my advise is not to trade when there are holidays involved in the weekday.

For those who registered for tonight's talk, see you guys there. It shall be a good one. I just checked with Gill, there are a few more seats left, so those who are interested, you can register.

Ronald K - Market Psychologist - The Big Speculator

Genting SP - 1.34/1.345

Genting closed at 1.34/1.345! So much selling!

Ronald K - Market Psychologist - The Big Speculator

Genting SP - Profit Taking

Genting not looking good as of now which I warned everyone this morning. I believe profit taking took place when I made the call at 9.22am. Genting is now 1.35/1.355 from 1.375/1.38. I shall continue watching.

http://stockmarketmindgames.blogspot.sg/2012/08/genting-no-chase.html

Ronald K - Market Psychologist - The Big Speculator

Genting SP - 1.36/1.365

It's always good to protect profits before all is eroded, at least that's my trading style. When I call for the top in Genting earlier, I was confident that it was a temporary top for the moment where it's good to have some money in the pocket first. I mean ain't it good when you can have $1000 rather than $800? So Genting reacted from 1.375/1.38 to 1.36/1.365. Will it trend higher? I don't know, I shall continue to watch it's activity.

http://stockmarketmindgames.blogspot.sg/2012/08/genting-no-chase.html

If you are interested to know why Genting reacted from 1.375/1.38, you can email me. Thanks :)

Ronald K - Market Psychologist - The Big Speculator

Genting SP - No Chase

I think it's not wise to chase Genting now, a good price to let go is now at 1.375/1.38

Ronald K - Market Psychologist - The Big Speculator

STI - Dull

I think the market shall be hard to trade today because it might be dull with not much activity. Of course, some counters will run, but I shall stay out.

Ronald K - Market Psychologist - The Big Speculator

Yoma - 0.39/0.395

Watch out as somebody just sold off Yoma heavily or the price wouldn't have reacted to 0.39/0.395. There is selling going on. Watch your positions closely.

Ronald K - Market Psychologist - The Big Speculator

Genting SP - Amazing

Genting just had it's surge today after Noble yesterday. Truly amazing. Connie, I hope you did not sell your Genting yet like what I shared with you last Friday or you shall be cutting losses for nothing.

Just saw your email, thanks and good luck! All the best.

Ronald K - Market Psychologist - The Big Speculator

Noble - 1.215/1.22

Noble is currently trading at 1.215/1.22. BBs sold down since opening in the morning. Watch out your longs if any. Also watch out for your Yoma if you are holding any.

Ronald K - Market Psychologist - The Big Speculator

Yoma - Risky

I don't like the way how Yoma is currently trading now. Watch out if you have long positions. Don't let profits turned to losses.

Ronald K - Market Psychologist - The Big Speculator

Noble - Losing Steam

Oh my, Noble is losing some steam early and it's now trading at 1.23/1.235. Bulls were trapped yesterday and I can see many are panicky now for those who bought near day high yesterday thinking it will rally further. Be on ALERT!

Like I speculate in the morning, some counters are taking a breather now like Wilmar, Noble and some others. I also warned not to chase Noble yesterday. I shall talk more about Noble in the upcoming preview this Friday. :)

http://stockmarketmindgames.blogspot.sg/2012/08/sti-breather.html
http://stockmarketmindgames.blogspot.sg/2012/08/noble-group-brokeout.html

Ronald K - Market Psychologist - The Big Speculator

STI - Breather

Not wise to long the market today. The market is taking and needs a breather. The speed and magnitude was too great yesterday. Nothing more to say, I shall see.

Update 9.55AM, August 15th, 2012   

STI gap down in the morning and as of now, it is trending to the downside, like what I speculated at 8.15am this morning!

Ronald K - Market Psychologist - The Big Speculator