MBS 1Q22: Resilient Mass Segment On Volume Recovery And Lucky Wins
MBS delivered a commendable quarter with 1Q22 net gaming revenue recovering 13% qoq to reach 49% of pre-pandemic levels. This was supported by relatively stable local patronage and the mass market segment (mass volume recovered to 59% of pre-pandemic levels). Overall, we remain confident that Singapore&rsquo s casinos are poised for a better recovery and expect 80-90% GGR growth in 2022. Maintain our OVERWEIGHT call for the sector, and BUY call for Genting Singapore.
Yeap, I think it's the Marina Bay Sands results that is giving the indications of good times ahead. GenS will see similar improvements and so will GenM. Hence, GenT is in for an exciting ride. HUAT AH!!!!
Shame la tahiboss....KLCI 1,600...this supposedly blue-chip stock is still so farrrr below $5, let alone $6! Aug '15 low was $6.51. Corporate governance GAGAL(Empire Resorts)
GENTING HAS SOMETHING FOR EVERYONE YET REMAINS RESPECTFUL OF THE COUNTRY'S LAWS NOT ALLOWING MUSLIMS INTO THE CASINOS A MODEL CORPORATE CITIZEN AUDITED BY PWC THE ONLY ACCOUNTING FIRM THAT REMAINS UNTAINTED BY THE 1MDB SAGA INVEST WITH ULTIMATE CONFIDENCE
Hopefully Empire Saga is not repeated by taukeh. Or else ghost also run away from G. …
emsvsi GENTING HAS SOMETHING FOR EVERYONE YET REMAINS RESPECTFUL OF THE COUNTRY'S LAWS NOT ALLOWING MUSLIMS INTO THE CASINOS A MODEL CORPORATE CITIZEN AUDITED BY PWC THE ONLY ACCOUNTING FIRM THAT REMAINS UNTAINTED BY THE 1MDB SAGA INVEST WITH ULTIMATE CONFIDENCE 32 minutes ago
YES INCOME YOU SHOULD TELL THEM TO AVERAGE DOWN REMEMBER EVEN AT THE WORST GENTING WAS RM3 NOW IT IS RM4.5X EITH NTA OF RM8.26 WHEN YOU ARE AT THE BOTTOM THE ONLY WAY IS UP
Let the nonsense naysayers have their go. After countless naysayers been letting off steam in this public forum, I don't see much relation to the share price
I'm just gonna relax and see how much divvy and capital gain moving forward
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
neohts
2,597 posts
Posted by neohts > 2022-04-29 16:06 | Report Abuse
Dec 2022 Target price RM6.50