Genting Singapore (G13.SG) last down 0.5% at 93.5 cents as investors continue to digest gains from sharp run-up late last week prompted by several bullish broker reports, according to Dow Jones.

Selling activity limited as volume modest, suggesting underlying interest still intact, which is expected to keep price above 90 cents, last breached April 28.

“Gaming will do well anywhere in Asia as it is home to some of the world’s fastest-growing economies and culturally Asians are avid gamblers,” says CLSA; which has a Buy call, but trims target to $1.20 from $1.40, based on 13x FY11 EBITDA, after tweaking estimates, including ticket sales for Universal Studios theme park and table count for casino.