Resorts World Sentosa

Investing ideas

Genting's higher $6.8 billion capex on RWS not a worry

'We have to transform ourselves to be a better product,' said Genting Singapore CEO Tan Hee Teck at the April AGM
Genting Singapore shares gain following 3QFY2023 earnings that beat estimates - THE EDGE SINGAPORE

Broker's Calls

Genting Singapore shares gain following 3QFY2023 earnings that beat estimates

Genting Singapore plans to spend $6.8 billion on its next phase of expansion - higher than $4.5 billion indicated previously
Newly-revamped dining destinations: JAAN by Kirk Westaway, Red House Seafood, Ocean Restaurant - THE EDGE SINGAPORE

Food & Beverage

Newly-revamped dining destinations: JAAN by Kirk Westaway, Red House Seafood, Ocean Restaurant

JAAN by Kirk Westaway and RWS’ Ocean Restaurant show off refreshed digs, while Red House Seafood opens a new outlet at Esplanade
Maybank upgrades call on Genting Singapore to ‘buy’ while raising FY2022 earnings estimate by 78% - THE EDGE SINGAPORE

Broker's Calls

Maybank upgrades call on Genting Singapore to ‘buy’ while raising FY2022 earnings estimate by 78%

Citi Research has also given the counter a “buy” call after MBS’s earnings came in as a “positive surprise”.

Results

Genting Singapore reports 2HFY2021 earnings of $95.1 mil; maintains dividend at one cent per share

The company plans to spend $400 million this year for renovation and expansion
The pandemic is Resort World Sentosa's impetus towards sustainable tourism - THE EDGE SINGAPORE

Sustainability

The pandemic is Resort World Sentosa's impetus towards sustainable tourism

"Travel and tourism will never be the same again. The good news is, we are now presented with an opportunity."
Genting Singapore reports 3QFY2021 earnings of $60.7 million, up 11% y-o-y - THE EDGE SINGAPORE

Results

Genting Singapore reports 3QFY2021 earnings of $60.7 million, up 11% y-o-y

Genting Singapore sees a potential outflow of local visitors with more VTLs.
Sample Perrier-Jouët champagnes at table65's Art of the Wine dinner series - THE EDGE SINGAPORE

Food & Beverage

Sample Perrier-Jouët champagnes at table65's Art of the Wine dinner series

Savour the aromatic floral flavours of Perrier-Jouët champagnes in a lavish five-course dinner at table65
Genting Singapore ends FY2020 in the black with earnings of $69.2 mil - THE EDGE SINGAPORE

Results

Genting Singapore ends FY2020 in the black with earnings of $69.2 mil

The company will pay a dividend of one cent, from 2.5 cents last year
×