Skip to main content

Genting Singapore expected to gain but dropped eventually

Initially, I thought shares of Genting Singapore would gain as the gaming group offers to sell its money-losing U.K. operations to Genting Malaysia in a move set to ease pressure on its bottomline. Impairment loss of S$478.1 million relating to U.K. operations is largely responsible for Genting Singapore's 1Q10 S$396.3 million net loss. With the sale, Genting Singapore is now a pure play on Singapore and will not be dragged down by the continued underperformance of the U.K. business. This is supposed to be a positive news for Genting Singapore.

Despite this positive news, Genting Singapore ended lower in today's trade.

I do not hold Genting Singapore shares.

Popular Posts

How to stop FortiClient from starting automatically?

Installed FortiClient recently but the challenge in disabling the application/service from running automatically on every start-up annoyed me. Attempt to stop 'FortiClient Service Scheduler' only return 'Parameter is incorrect' error message.

An article on Technet help solve my trouble. To stop FortiClient from starting automatically, try the following:
Shut down FortiClient from the system tray.
Run net stop fortishield on command prompt.
Run msconfig.
On msconfig, switch to the Services tab. Clear the FortiClient Service Scheduler check box and click Apply.Run services.msc on command prompt to open up show all available services.Look for FortiClient Service Scheduler. Switch Startup type to Manual.Restart your computer. FortiClient should not be running automatically the next time round. Hope it helps.

Ho Ching named 5th most powerful and is mistaken as first lady by Forbes

Forbes named Singapore Prime Minister wife and CEO of Temasek Holdings, Ho Ching, as the 5th most powerful woman in the world. Ho Ching is mistaken as Singapore's first lady! OMG!

I wonder how can Forbes makes such a blunder. For a complete list, refer to here.

President Elect Dr Tony Tan post election interview

I feel Dr Tony Tan can handle the reporters quite well.