Genting Sing - After XD, she has corrected to 0.875 looks like good price is back! First Half results improved more than 100% to 276m.

Genting Sing  - After XD, she has corrected to 0.875 looks like good price is back! First Half results improved more than 100% to 276m. 

She is hovering near support turned resistance at 0.88. 

I think Final dividend may be increase from 2 cents to 2.5 cents . Together with interim dividend of 1.5 cents, total 4 cents dividend yield is about 4 6% at current price of 0.875.

Please dyodd.

  Genting Sing  - Results is out, net profit increase more than 100% to 276m vs 84m last year, dividend increase 50% to 1.5 cents.

EPS of 2.29 cents vs 0.7 cents last year. 

Healthy cash flow plus 3.4b cash on hands with net cash position,  solid.

I think good sets of financial numbers. 

Yearly dividend of 3.5 cents,  yield is 3.8%.

Not a call to buy or sell!

Please dyodd. 

GENTING SINGAPORE LIMITED (“GENTING SINGAPORE”) WAS INCORPORATED IN 1984 IN THE ISLE OF MAN. GENTING SINGAPORE WAS CONVERTED INTO A PUBLIC LIMITED COMPANY ON 20 MARCH 1987 AND LISTED ON THE MAIN BOARD OF THE SINGAPORE EXCHANGE SECURITIES TRADING LIMITED ON 12 DECEMBER 2005. ON 1 JUNE 2018, GENTING SINGAPORE TRANSFERRED ITS DOMICILE FROM ISLE OF MAN TO SINGAPORE.

For over 30 years, Genting Singapore and its subsidiaries (the “Group”) have been at the forefront of gaming and integrated resort development in Australia, the Bahamas, Malaysia, the Philippines, Singapore and the United Kingdom. Today, we are best known for our award-winning flagship project, Resorts World™ Sentosa in Singapore, which is one of the largest fully integrated destination resorts in South East Asia. 

Genting Singapore is ranked among Singapore’s largest public-listed companies. Genting Singapore is a constituent stock of the FTSE Straits Times Index.

Today, more than 70% of Genting Singapore and its subsidiaries' team members are Singaporeans and Permanent Residents. There is great diversity in the company too, with more than 40 nationalities represented.

Our management team is very experienced and boasts a wide variety of skill sets.

Diverse skills set:

• Large-scale Project Development
• Casino Management and Marketing
• Theme Park Operations
• Marine Life Park Operations
• Animal Health and Research
• Marine Life Conservation and Education
• Hotel Management and Operations
• Spa Management and Operations
• Food and Beverage
• MICE and Events Management
• Marketing and Sales Excellence
• 
  
  
  
  

Chart wise,  bearish mode!

It is hovering near the support at 0.93.

Breaking down of 0.93 plus high volume that may likely drive the price lower towards 0.90.Next 0.88 then 0.85 with extension to 0.80.

NAV is 0.663.

Yearly dividend of 3 cents. 

Yield is about 3.1%.

PE 33x.

Please dyodd. 

dwide