GENTING SP - Does this news excite you?

Written on November 19, 2009 – 4:22 am | by Kampung Boy |

I received an email from my remisier on latest updates on Genting SP. One of the major updates is that Genting SP will be opening on time which is end of this year. This is a major boost for the company.

Not only that i have received two more latest update from my email which is :-

Resorts World Sentosa (RWS) announced ticket prices

Ticket prices for Universal Studios Singapore will be derived from an average daily ticket price of S$65. With this, we can expect 1) a bigger proportion of day passes and 2) good response to express passes.

They have better and higher expectations on the passes because it was earlier expected the ticket prices to be at S$70.

Hotel Room Rates

Room rates will be starting at S$ 400/room/night! It is a bit pricey from my point of view but nonetheless it’s good news for investors as they can make more money from it.

The drawback is that, people might be put off with the high prices of the rooms. One thing is for sure, new resorts with new environment will not stop people from flocking to Genting SP premises in numbers.

Conclusion

Everything is coming into picture piece by piece. It is like a jigsaw puzzle waiting to be completed. In my email, Genting SP is targeted as Trading Buy with a target price from S$ 1.11 to $1.25

Anyway that is not my target. I will keep it for a long long time. Just can’t wait for my ugly duckling to grow into a beautiful swan! ^^

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