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Brokers' take
Published Thu, May 4, 2017 · 09:50 PM
Genting Singapore | Buy Target price: S$1.25 May 4 close: S$1.085 Maybank Kim Eng Research, May 4
Genting Singapore will report Q1 FY17 results on May 12, 2017. While it may have ceded mass market share in Q1 FY17, we believe it will regain this in Q2 FY17. Factoring in higher VIP volume and lower VIP rebate rates, we lift our earning before interest, tax, depreciation and amortisation (Ebitda) by 14 to 16 per cent and our t…
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