Genting SP

Genting SP: may see weak sentiment after Las Vegas Sands announced profit that missed views on Singapore results. LVS net income fell to US$349.8m, -1.1% yoy, reflecting lower casino revenue in Singapore due to lower luck factor and increased provisions for accounts receivable. MBS delivered adjusted EBITDA of US$260.8m, -37% yoy, as EBITDA margin fell to 41.7% from 52.2%. GENS 3Q12 results are due 12 Nov.