Genting

HOCK LOCK SIEW

Not beyond compare: Genting Singapore’s weak hand is getting harder to hide

It’s hard not to compare RWS with its high-flying rival MBS, even though they target different market segments

Despite introducing new attractions at Resorts World Sentosa – which it owns and operates – the group posted a Q1 performance that was notably below market expectations.
BROKERS’ TAKE

Genting Singapore: Analysts lower targets, downgrade ratings as Q1 profit misses expectations

DBS Group Research suggests a ‘comprehensive rethink’ of the company’s operational strategy

Genting Singapore, the owner and operator of RWS – which includes Universal Studios Singapore – said that the war in Iran and related geopolitical developments have increased energy, freight and logistics costs.
HOT STOCK

Genting Singapore shares end 10.1% down on Q1 earnings fall

DBS Group Research downgrades stock to ‘hold’ with a S$0.67 target price

The group says “steady operational progress” was made in the quarter, noting that gaming revenue showed “improving momentum towards the end of the period”.

Genting Singapore Q1 net profit drops 55% to S$65.2 million on lower gaming revenue

Ongoing conflict in the Middle East and current geopolitical developments have raised cost pressures

The financial services, Reits and consumer cyclicals sectors led retail demand for local stocks in March, says SGX.

DBS, Genting Singapore and CapitaLand lead retail buys on SGX in March

The total value of stock buys that month lifts Q1 FY2026’s total retail net buying in local stocks to S$675 million

The task force, which President Prabowo formed last year, has seized millions of hectares of agricultural and other lands and issued fines totalling billions of US dollars.

Indonesia’s land crackdown dents Genting Plantations’ profits

The earnings adds to a list of public disclosures on the effects of a crackdown on resource companies in Indonesia

The civil action, filed in the Kuala Lumpur High Court, puts at stake not only a substantial inheritance, but also the reputation of a Malaysian business dynasty.

Malaysia’s Genting dynasty gripped by RM1.6 billion inheritance battle

A court fight over an heiress’ estate places her final will under judicial scrutiny

The group says that in FY2025, its cash flow and balance sheet were affected by the ongoing capital expenditure for its RWS 2.0 transformation.
HOT STOCK

Genting Singapore shares end 8.2% lower on half-year net profit dip

This comes after the group’s announcement of a 30% decline in its H2 profit to S$155.6 million

Genting Singapore’s “huge net cash position creates meaningful opportunities to unlock shareholder value”, says DBS analyst Zheng Feng Chee.
BROKERS’ TAKE

DBS upgrades Genting to ‘buy’ amid huge cash reserves, constructive gaming environment

It has issued a target price of S$0.90, 12.5% above its closing price of S$0.80 on Thursday

The appointment is effective Feb 1 and places Lim Kok Thay at the helm of the board.

Lim Kok Thay appointed as new RWS chairman, director

The 74-year-old billionaire is acting CEO of Genting Singapore, and son of Genting founder Lim Goh Tong