Genting Sing - Share price being sold down almost 10 percent upon releasing the FY results which was down due to Q4 core net profit fell 5 per cent year on year and 41 per cent quarter on quarter to S$127.1 million. Also market was anticipating a higher Final dividend of 2.5 to 3 cents instead of 2 cents. They have about 3.5b cash on hands, cash rich, net cash position! This sold down may present buying opportunity! Do take note!

  Genting Sing  - Share price being sold down almost 10 percent upon releasing the FY results which was down due to Q4 core net profit fell 5 per cent year on year and 41 per cent quarter on quarter to S$127.1 million. Also market was anticipating a higher Final dividend of 2.5 to 3 cents instead of 2 cents. They have about 3.5b cash on hands, cash rich, net cash position! 

This sold down from 1.03 to close at 93 cents may present buying opportunity! Do take note! 

I think bargain hunters may come in again if price fallen below 88 cents.

Likely to go down to test 90 cents than 85 cents.

Pls dyodd.

Genting Sing  - 2nd Half results is out ! NET profit increased 31 percent to S$334.9 million for the second half of 2023, from S$255.7 million. Proposed Final dividend of 2 cents ! A bit disappointed as I thought they would raise the Final dividend to 2.5 or 3 cents. Yield is rather low of  3.3 percent based on current price of 1.03.

Revenue for H2 rose 26 per cent to S$1.3 billion, from S$1.1 billion a year earlier.

FY Net profit was up 79.8 per cent to S$611.6 million. Revenue was up 40.1 per cent to S$2.4 billion.

Pls dyodd. 

  Genting Sing  - Yesterday,  she had a nice breakout of 1.05 the recent high and closed slightly higher at 1.06, looks rather positive!

 The only concern was that the volume is low! Next, resistance is at 1.09. Pls dyodd.  

Genting Sing  - Chart wise, bullish mode! Likely to reclaim 1.03 and rises higher towards 1.14 and above! Likely declare higher Final dividend of 2.5 cents !Do take note! 

Breaking out of 1.14 she may likely test 1.20.

Today went to Sentosa RWS for lunch and can see many tourist and traffic crowd patronizing RWS. I think businesses is good! 

Pls dyodd.

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
• 
  
  Genting Sing  - Chart wise,  bullish mode! High probability she may reclaim 1.03 and rises higher towards 1.09-1.10 level. Results is due on 22nd February! Do take note!