Genting Singapore

Broker's Calls

After results beat, is Genting Singapore still a gamble?

SINGAPORE (Aug 3): Oh, how the wheels of fortunes have turned in favour of Genting Singapore (GENS).

Results

Genting Singapore swings out of the red in 2Q on disposal gain, improved revenue

SINGAPORE (Aug 2): Genting Singapore has posted earnings of $143.3 million for the 2Q17 ended June, from a net loss of $10.5 million a year ago.

Broker's Calls

UOB stands pat on Genting Singapore amid ‘unexciting’ industry growth

SINGAPORE (July 31): UOB Kay Hian is keeping its “hold” call on Genting Singapore (GENS) with an unchanged target price of $1.15 on the back of expectations of an unexciting second half in 2017.

3 SGX-listed hotel, restaurant & leisure stocks worthy of the global stage

SINGAPORE (June 20): Over 30 stocks listed on the Singapore Exchange (SGX) make up part of the 1,200 stocks representing the hotel, restaurant and leisure industry, a key driver of the world’s consumer discretionary sector.

Top 3 banks still dominate top 10 brands

SINGAPORE (June 12): Singapore’s three banks continue to dominate the annual list of Top 100 Singapore brands compiled by Brand Finance.

Broker's Calls

Don’t get overexcited with Genting Singapore’s Japan IR dreams for now

SINGAPORE (May 15): UOB KayHian is maintaining its “hold” call on Genting Singapore, recommending investors enter and exit at $1.05 and $1.15 respectively after raising its earnings forecast and rolling forward its investment time horizon.

Results

Genting Singapore 1Q earnings up more than fivefold on disposal gain

SINGAPORE (May 12): Genting Singapore posted a five-fold increase in earnings to $210.2 million for the 1Q17, up from $40.2 million a year ago.

Broker's Calls

Japanese casino licence could give Genting Singapore legs to run further

SINGAPORE (May 4): Maybank Kim Eng Research continues to rate Genting Singapore (GENS) at “buy” with a higher price target of $1.25 from $1.10 previously with catalysts expected from a potential Japanese casino licence.

Broker's Calls

Meet the potential winners amid Fed rate hikes

SINGAPORE (March 17): Rising interest rates on the back of US Fed rate hikes should favour banks, property developers, and stocks with yield backed by net cash, says DBS Group Research.

Broker's Calls

Maybank upgrades Genting to ‘buy’ on dividends beat

SINGAPORE (Feb 27): Maybank Kim Eng is upgrading Genting Singapore to “buy” with higher $1.10 target price saying higher-than-expected dividends declared has overshadowed the challenging operating environment outlook.
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