Bursa Malaysia Stock Watch
Gentings a 'buy' says OSK
kltrader
Publish date: Wed, 03 Nov 2010, 05:46 PM
kltrader
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OSK Research is maintaining a 'buy' for Genting Bhd with its alluring growth trajectory.
'We continue to like at the group as a cheaper proxy to Genting Singapore,' OSK Research said in its research report today on the conglomerate which is principally involved in gaming, power, plantation, oil and gas sectors.
The research house said Genting's active search for global casino mergers and acquisitions, and its potential divestment of its power assets were potential share price catalysts.
It maintained Genting's target price at RM14.05. As at 3.30 pm, Genting shares were traded at RM10.54. -- Bernama
'We continue to like at the group as a cheaper proxy to Genting Singapore,' OSK Research said in its research report today on the conglomerate which is principally involved in gaming, power, plantation, oil and gas sectors.
The research house said Genting's active search for global casino mergers and acquisitions, and its potential divestment of its power assets were potential share price catalysts.
It maintained Genting's target price at RM14.05. As at 3.30 pm, Genting shares were traded at RM10.54. -- Bernama
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