moderator

Stock Analysis  - 
 
#GentingSingapore -
CIMB Research 2017-01-11: Take money off the table.

Genting Singapore (#GENS) has sold its stake in #RWJ for US$411m (S$596m), resulting in a S$96m gain.The sale is intended to beef up its balance sheet for a potential casino bid in Japan.
While expansion into Japan could provide positive newsflow, we think the benefits will take time to be recognised. Meanwhile, GENS could incur startup costs first.

#AnalystReport #SGinvestors
Genting Singapore - CIMB Research 2017-01-11: Take money off the table. Genting Singapore (GENS) has sold its stake in RWJ for US$411m (S$596m), resulting in a S$96m gain. The sale is intended to beef up its balance sheet fo...
1
Add a comment...