SINGPAPORE (April 10): Maybank Kim Eng is reiterating its “Buy” call on Genting Singapore (GENS) with S$1.46 target.
“In our view, all signals point to the VIP and mass markets improving going forward and GENS’s current share price is unjustified, as it implies ‘crisis’ valuations,” said analyst Yin Shao Yang in a Monday (April 9) report.
Since GENS reported 4Q17 EBITDA fell 20% q-o-q to S$255.1 million, its share price has...(click on link for full story on theedgesingapore.com)