Home News Broker's Calls

Maybank Kim Eng keeps Genting Singapore at 'buy', following strong numbers from MBS

The Edge Singapore
The Edge Singapore1/29/2021 09:27 AM GMT+08  • 2 min read
Maybank Kim Eng keeps Genting Singapore at 'buy', following strong numbers from MBS
According to Las Vegas Sands Corp, MBS’s 4Q operating profit was up 106% q-o-q to US$144 million.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Maybank Kim Eng’s Yin Shao Yang is keeping his “buy” call and 95 cents target price on Genting Singapore, following 4QFY2020 earnings reported by Las Vegas Sands Corp.

Marina Bay Sands, owned by the US casino operator, was able to double its operating profit between 4Q and 3QFY2020, as mass-market gamblers returned.

“We gather that Genting Singapore’s Resorts World Sentosa will exhibit similar trends when it releases its 4Q20 results on 9 Feb 2021,” writes Yin in his Jan 28 note.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now