Thursday, October 20, 2016

Genting SP

Genting SP:
- 3Q16 results to be announced on Thu 3 Nov expected to not be any better than 2Q16's record low.
- High margin mass market GGR is under a lot of negative pressure due to the poor macro environment in Singapore. VIP volumes are also believed to remain poor.
- Maybank KE last had a Sell with TP of $0.71 on GENS.

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