Monday, August 16, 2010

Genting Party, MAS, Shell

Genting apparently blew out earnings in Singapore. Look for MAS tomorrow might drop a bit. Revenues were up 26%, but reported a net loss.

Might be a value trap. Look out.

MAS

Look to see how MAS performs tomorrow. This will prove to be a test whether MAS has truly bottomed or not.

On Shell Refining, I'm pleased to say that the stock didn't fare too bad in light of the loss on stocks. Revenue was up and that seemed key to what investors were looking for. They did very well in fact. A rally on a loss in EPS is really an odd sight.

Shell Refining

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