Genting hits NEW High! Congrats to those who stayed faithful on it!
Posted by admin in Market Analysis, Stock PickGood Morning,
Since March this year, I been very bullish on this stock and kept asking people around me to buy into this stock and keep in their portfolio to keep. Then the price was trading around 83-85cents and I was targetting $1.30 by end of Sep this year and $1.50 by end of March next year.
Reason is because I trust my way of reading this stock, using both fundamental and technical reasonings despite foreign brokering houses kept calling for SELL on high EBITDA. As mentioned to many, working in a soccer clubhouse in the past, tells me the mechanism of the jackpot machines and before Indonesia ban casino activities, I also knew some of the ways of a casino and their REAL potential earnings. As long there is no economical downturn, this business is definitely a big winner!
Yes, they do spend alot of money to make the place beautiful, with excellent services and maintenance which leads to the high but with the world recovering from the 2007 subprime crisis and also Singapore GDP going in double digit growth, I was very positive with the coming earnings.
I was openly sharing my strong buy calls and views on this stock at almost all my previews(at least 20previews) in Singapore and Overseas. More than 500 people have heard me. I am very happy for all of them who sent me emails and SMSes this morning, to congrat me on the call. I am looking to book profit at $1.50 for this stock on this round. Congrats to everyone once again.
So do kindly take note of the above and see if I am right for this round.
Have a great trading day ahead!
This is Kelvin Han, V3Go System Originator, signing off, cheers! 
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