Bursa Malaysia Stock Watch
GENTING - UBS raises Genting price estimate
kltrader
Publish date: Thu, 21 Oct 2010, 10:35 AM
kltrader
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Stock Name: GENTING
Company Name: GENTING BHD
Research House: UBS
Genting Bhd, Asia's third-biggest listed casino operator, climbed to a record in Kuala Lumpur trading after UBS AG raised its share-price estimate for the stock to reflect higher market revenue forecasts in Singapore.
The stock rose 1.3 per cent to RM10.66 at 9.16 am local time. Nicole Goh, an analyst at UBS, raised her share estimate for the stock to RM14.35 from RM12.90, according to a report today. She kept her "buy" rating.
Its Genting Malaysia Bhd affiliate added 0.9 per cent to RM3.54 ringgit after saying it will jointly bid for a London casino license and develop a leisure project with Apollo Resorts & Leisure Ltd. - Bloomberg
Company Name: GENTING BHD
Research House: UBS
Genting Bhd, Asia's third-biggest listed casino operator, climbed to a record in Kuala Lumpur trading after UBS AG raised its share-price estimate for the stock to reflect higher market revenue forecasts in Singapore.
The stock rose 1.3 per cent to RM10.66 at 9.16 am local time. Nicole Goh, an analyst at UBS, raised her share estimate for the stock to RM14.35 from RM12.90, according to a report today. She kept her "buy" rating.
Its Genting Malaysia Bhd affiliate added 0.9 per cent to RM3.54 ringgit after saying it will jointly bid for a London casino license and develop a leisure project with Apollo Resorts & Leisure Ltd. - Bloomberg
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