Genting Singapore

SINGAPORE (Nov 16): RHB Research is maintaining its “buy” rating on Genting Singapore with a lower target price of $1.23 compared to $1.42 previously after updating DCF assumptions and rolling over the valuation base year to FY19.

SINGAPORE (Nov 9): The Straits Times Index approached its declining 50-day moving average when the moving average was at 3,141 and the index closed at 3,116 on Nov 2. However, the STI has since retreated. The 50-day moving average is currently at 3,131. Q

SINGAPORE (Nov 9): Analysts are staying positive on Genting Singapore (GENS) amid a selldown which they say is “unjustified”.

SINGAPORE (Nov 9): Genting Singapore reported a 46% rise in 3Q18 earnings to $210.4 million from $143.8 million a year ago on lower operating expenses.

SINGAPORE (Oct 25): UOB KayHian is maintaining Genting Singapore (GENS) at “buy” given now the stock is trading at a historically low valuation and should start to significantly rerate next year as newsflow of its bid for a casino resort in Japan inte

SINGAPORE (Aug 6): The mid-term prospects for Genting Singapore are intact as VIP credit policies are likely to remain unchanged, given the comfort level the mega resort operator has with its current portfolio of clients, says CGS-CIMB Securities is recom

SINGAPORE (Aug 4): Genting Singapore, the operator of one of two mega resorts with casinos in the city state, reported a 24% rise in 2Q18 earnings to $177.6 million.

SINGAPORE (July 30): UOB Kay Hian is keeping its “buy” call on Genting Singapore (GENS) with a target price of $1.38 on expectations that its valuations will trend up over time.

SINGAPORE (June 8): The historic Trump-Kim Summit is scheduled to be hold on June 12 at Sentosa Capella Hotel.

SINGAPORE (May 11): Analysts are remaining upbeat on casino and resorts operator Genting Singapore (GENS) after a strong 1Q18.