Bursa Malaysia: Dividends for Week 22 (30th May to 3rd June 2011)

Bursa Malaysia: dividends with ex-date for Week 22, from 30th May to 3rd of June, 2011:

Bursa Malaysia: Dividends for Week 21 (23th to 27th May 2011)

Bursa Malaysia: dividends with ex-date for Week 21, from 23th to 27th of May, 2011:

GENS-C8 and GENS-CC dived after 2011 Q1 Result

What a joke!

GENS-C8 and GENS-CC dived after briefly raise a few cents when Genting Singapore's 2011's 1st quarter result being announced. Instead of moving higher, the share had just upped RM0.005 as at of today, 16th May 2011.

The performance of Resort World Sentosa having a much better result than Marina Bay Sands (MBS) doesn't lift it's stock higher. With MBS sinking 10% after their announcement, maybe Genting Singapore should felt relieve to be able to stay above it's last price before announcement instead of diving.

As for KLSE888 portfolio, a dilemma sets in:

1. Is GENS-C8 and GENS-CC a good pick
2. What's KLSE888 portfolio's next step: sell now to avoid potential further loss and scout for a new replacement, OR hold it till it finds a new promising stock to swap to?

As at of the price now (GENS-C8 at RM0.195 last done price, with buy queue at RM0.185, and GENS-CC at RM0.195 with buy queue at the same price), KLSE888 portfolio seems to suffer a paper loss of around RM800 (-13%, portfolio stands at RM5,300). 

While KLSE888 portfolio still have a surplus of RM300 (6%) since it's inception of RM5000, what shall be its next move to ensure it achieve its goal of 50% return in 6 months (now into the 3rd month)?

Related articles:

• Genting Singapore Achieved Record Revenue for 2011 Q1
• Sold MEGB (30% profit). KLSE888 portfolio @ RM6000 (20% profit)
• More about KLSE888 portfolio

Bursa Malaysia: Dividends for Week 20 (16th to 20th May 2011)

Bursa Malaysia: dividends with ex-date for Week 20, from 16th to 20th of May, 2011:

Genting Singapore Achieved Record Revenue for 2011 Q1

Genting Singapore Plc achieved record revenue and adjusted EBITDA in the first quarter of 2011.

According to report released at 5:30pm, the group revenue for the first quarter of 2011 was S$922.6 million. Singapore IR experienced good win percentage and gaming volume in the first quarter of 2011 with steady growth in Universal Studio Singapore (“USS”) and the hotels. The daily average visitation to USS was about 7,400 with an average spending of S$88 per visitor. Singapore IR’s hotel occupancy was 79% with an average room rate of S$280. Group’s net profit in the first quarter of 2011 was S$305.4 million, where the following were significant drivers:

1. Singapore IR delivered the highest quarterly adjusted EBITDA of S$537.9 million with margin of 59% at the back of strong revenue growth; offset by,
   
2. Higher depreciation and amortisation of S$76.6 million in the first quarter of 2011 attributable to the full quarter effect of depreciation charges for 2011;
   
3. Higher finance costs of S$39.7 million was mainly due to charges related to the refinanced syndicated loan facility; and
   
4. Higher taxation of S$77.4 million in the first quarter of 2011 mainly from the higher deferred tax expenses due to temporary difference in property, plant & equipment.

Singapore IR recorded a stronger result for first quarter of 2011 compared to its competitor, Marina Bay Sands. EBITDA for Singapore IR was S$538 million, as compared to  Marina Bay Sands' S$351.6 million for the same period.


Hopefully, GENS-C8 and GENS-CC will soar high up in the sky...!!

Related articles:

• GENS-C8 at RM0.23. GENS-CC at RM0.13. KLSE888 Portfolio 6% growth in 3 weeks.
• Sold MEGB (30% profit). KLSE888 portfolio @ RM6000 (20% profit).
• More about KLSE888 portfolio

Dividends for Week 19: 9th to 13th May 2011

Bursa Malaysia: dividends with ex-date for Week 19, from 9th to 13th of May, 2011:

Genting Singapore Q1 result out in 12 May 2011.

Genting Singapore's first quarter result for 2011 shall be out on 12th May, 2011, after trading hours.

Recently, Genting Singapore's share fell after rival Las Vegas Sands missed analyst result target in their financial report, thus raising concerns about Genting Singapore's own result due out in the coming week.

As of today 5 May 2011, GENS-CC closed at RM0.10 and GENS-C8 closed at RM0.19. On KLSE888 portfolio, this downtrend had reversed the previous 3-week gain of 6%, thus making the portfolio having a -9% instead.

The question to ponder now is, will Genting Singapore suffers the fate of Marina Bay Sands, missing the analyst profit target?


Related articles:

• GENS-C8 at RM0.23. GENS-CC at RM0.13. KLSE888 Portfolio 6% growth in 3 weeks.
• Sold MEGB (30% profit). KLSE888 portfolio @ RM6000 (20% profit).
• More about KLSE888 portfolio

0168 BOILERM debuts at RM0.825 (+0.495, +150%) in Bursa Malaysia (KLSE)

0168 BOILERM (Boilermech Holdings Berhad) debut in the ACE Market with a strong surge. IPO price at RM0.33, BOILERM opened at RM0.825, recording a 150% rise, hence becoming one of the best performer for 2011 IPO in KLSE.

BOILERM hit a high of RM0.995 which translate to a 200% gain for those who applied and get from the IPO. Even for those who bought in the early morning, they might have recorded a handsome 10% - 20% gain. But nevertheless, it's quite a gamble, especially when everywhere else is RED in the market.

The price closed at RM0.82. Can BOILERM maintain it's position at current stock weather?


Related articles:

• Boilermech Holdings Berhad Official Website
• 2011 KLSE Companies' IPO Performance
• Boilermech surges on KL listing debut ~ Btimes.com.my