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How Singapore Genting Share Price Affected?
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halleluyah
Supreme |
20-Jan-2022 09:00
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1615 cases in spore..... | ||||
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ysh2006
Supreme |
20-Jan-2022 04:45
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Not many fear factors come out so market no react on this news very strange.
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Goldfinger
Supreme |
14-Jan-2022 12:46
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Maybe GENS can buy over GENHK for SGD1?  | ||||
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Checkerman
Master |
14-Jan-2022 12:13
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2008-2009 trading at almost $2
14 years on still below $1
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Singpost
Master |
14-Jan-2022 11:12
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here got G, backing 
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ysh2006
Supreme |
14-Jan-2022 07:45
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Why not affected over here ?
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ysh2006
Supreme |
14-Jan-2022 06:51
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Genting Hong Kong shares plunge on fears of more defaults reported by ST.
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ysh2006
Supreme |
23-Aug-2020 07:48
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Why Mr Lim KT of Genting got into financial problem here this Genting Singapore will affected ?... Any input from forumers Genting Singapore ? | ||||
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SemoreEric
Member |
01-Mar-2017 17:26
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That' s are nice #reason  |
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MaxxShown
Member |
01-Mar-2017 17:22
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Genting Singapore PLC a specialist in developing leisure resorts and a renowned cum trustable name in the hospitality industry is a Singapore-based investment holding company listed on the main board of Singapore SGX. The company is engaged in the development and operations of the integrated resort, casinos, provision of sales and marketing and hospitality related businesses and investments. Apart from such a huge name in the hospitality industry.Genting Singapore is continuously slumping to their lowest since March 2010. Since then it&rsquo s share prices sits at S$0.98 at the moment. The reason for the stumble might be due to investors&rsquo irrational wishes or it could also be a reflection of a potential crisis that&rsquo s appearing for Genting Singapore. Why Genting Singapore share price drop? The reason behind this stumble could be many. But the giant burning holes are the steps that are taken by the Chinese government to clamp down the corruption. Because of these major steps, Genting casinos saw a sharp down in their gaming volume. As a result, the company experienced an 8% year-on-year decline in revenue for 2014 fiscal year. Even now if we have a look at its 2015 annual report, we can find that in comparison to 2014 there was a decline of S$0.46 Billion in their revenue. Which results in the profit fall from S$0.64 billion to S$0.19 billion. How will Genting Sp Q2 Result affect the Stock price? A quick look at the company&rsquo s latest Q2 report shows that the major casino operator booked a net loss of S$10.5 million. That is a significant and considerable amount. As a result, Genting Singapore stock prices are running at its all time lowest price after 2008. Genting Singapore buy or sell?   Trading bearish since 2010 made this stock a penny stock that can hardly be considered the best investment share. But the reality is completely contradictory to the existing phase. Running at it&rsquo s all time low prices, our experts believe that Genting Singapore (GENS)   has the potential of doubling dividend to trigger further re-rating. After a deep analysis of countless reports and innumerable facts, our experts concluded following &ndash For Genting Singapore (GENS) 2017 will be a remarkable year in terms of its recovery in earnings (22% jump in adjusted EBITDA) due to (i) Recovery in VIP volumes showing an improvement of something approx 3%. (ii) Normalizing VIP win rate to the 2.85% theoretical rate from c.2.6% in 9M16 and, (iii) Alleviating of bad debts made Genting Singapore (GENS) stock more selective and conservative credit policy over the past year. For further assessment and more valuable insights regarding share market and updates Keep in Touch |
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