Genting Bhd (GENT.KL)

Overview:

Genting Berhad is an investment holding and operates in five segments: 

Leisure & Hospitality segment includes the hotel, gaming and entertainment businesses, tours & travel related services and other support services. 

Power division is involved in the generation and supply of electric power. 

Plantation segments is involved mainly in oil palm plantations, palm oil milling and related activities. 

Oil & Gas division is involved in oil & gas exploration and development. 

Property segment is involved in property development activities. 

In October 2012, its subsidiary, Genting Management (Singapore) Pte Ltd, incorporated Genting Wellness Centre Sdn Bhd. On October 22, 2012, the Company and its subsidiary, Genting Power (M) Limited disposed 97.7% interest in Mastika Lagenda Sdn Bhd, and Genting Sanyen (Malaysia) Sdn Bhd disposed six parcels of freehold and leasehold industrial land located within the Genting Sanyen Industrial Complex in Selangor to Tiara Tanah Sdn Bhd.

Genting Bhd (GENT.KL)

Trading Plan:

MACD: Green (Uptrend)

RSI : At 65% （Overbought)

Support: Break 20MA resistance and the next 50MA resistance is RM9.88

Volume: Low at 12 Nov 2012 (2.844million)

Beta: 1.36

Trading Plan: Buy at RM 9.06, cut loss at RM 8.80 and take profit at RM 9.88

RRR 1 : 3

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