Chips are still down for Genting Singapore

Singapore

INVESTORS are anything but fair weather friends; when the chips are down, they dump the stock and roll the dice on another.

Think Genting Singapore and the beating its shares have suffered since the gaming giant revealed a few quarters of dimmed financial performances, no thanks to declining bets by high rollers and low win rate.

Around Wednesday noon, the counter dived to a cent below S$1.00, the first time in five years it fell below the dollar mark but managed to recover shortl…