Monday, November 13, 2023

Genting Sing - Wah ,Nice Gap Up plus breakout of 88.5 cents , bullish mode! Likely to rise up further!

  Chart wise,  Nice Gap up this morning plus clearing the resistance at 88.5 cents augur well for further upwards movement towards 96 cents. 

Pls dyodd.  

Genting Sing  - Wah, 3rd quarter results is out! Gaming Revenue is up 20 percent to 459m, Total Gross Revenue is up 33 percent to 689m, Net Profit is up 59 percent to 216m, Huat ah! Very good sets of financial numbers!

EBIDTA is up 37% to 346m. 


I think can look forward for a Final dividend of 2.5 cents.  Together with interim dividend of 1.5 cents , a total of 4 cents, yield is about 4.7% at 85 cents.

Let's see how market react next week!

Not a call to buy or sell!

Please dyodd. 

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