Genting SP

Genting SP: is +2.7% at $1.54, post results. Macquarie raises TP by 16% to $1.85, reiterates Outperform. Sees sustained recovery in VIP volumes, massmarket growth resuming, ramp-up of Marine Life Park and costrationalisation in 2H. Adds, the use of growing cash mound to make acquisitions could be further positive.