Interest in Genting Hong Kong (S21.SG) not letting up even after Friday’s 40.0% rally. Shares +3.6% at US$0.435 ($0.585) in active trade, accounting for about 36% of Singapore market’s total volume, says Dow Jones.

Cruise operator has already disclosed it’s not in any talks for acquisitions, seeking to downplay investor expectations which sent share price soaring to almost three-year high on Friday.

UOB KayHian says rally has largely priced in company’s earnings potential; “basically, (there’s) no major new development to account for last Friday’s big surge, although there is a good possibility that the company will de-gear significantly, given Resorts World Manila’s strong cashflows.”

Company owns half of RWM. House reviewing Buy call, US$0.31 target. Orderbook quotes suggest shares may test US$0.47. HK-listed shares (0678.HK) also rising, last +9.6% at HK$3.19.