Bursa Malaysia Stock Watch
Genting Malaysia upgraded at HwangDBS
kltrader
Publish date: Wed, 15 Sep 2010, 04:25 PM
kltrader
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This blog provides consolidated Bursa Malaysia stock market research, analysis, news and blogs from various sources. You can search and find all the past analysis and coverage on stocks and news by searching within this site. While this blog re-publishes contents from other sites, it does not own the rights nor responsible for the accuracy of the contents. If you disagree to your content from being published here, please add a comment, and your article will be removed from this site.
Genting Malaysia Bhd, a casino and hotel operator, was upgraded to 'hold' from 'fully valued' at HwangDBS Vickers Research Sdn Bhd after getting the final approval to operate video lottery facilities in New York City.
The stock's fair value was raised to RM3.40 from RM2.50, HwangDBS said in a report today.
The New York project is expected to boost Genting Malaysia's 2011-2012 financial year earnings by 5 to 19 per cent, the research house said. -- Bloomberg
The stock's fair value was raised to RM3.40 from RM2.50, HwangDBS said in a report today.
The New York project is expected to boost Genting Malaysia's 2011-2012 financial year earnings by 5 to 19 per cent, the research house said. -- Bloomberg
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