|Bid||0.7800 x 0|
|Ask||0.7850 x 0|
|Day's range||0.7650 - 0.7850|
|52-week range||0.5100 - 0.9600|
|Beta (5Y monthly)||1.23|
|PE ratio (TTM)||13.77|
|Earnings date||31 Jul 2020 - 04 Aug 2020|
|Forward dividend & yield||0.04 (5.16%)|
|Ex-dividend date||10 Jun 2020|
|1y target est||1.35|
* Singapore shares drop to the lowest level since April-end * Sime Darby Plantations top loser in Malaysian index By Pranav A K May 14 (Reuters) - Most Southeast Asian stock markets fell on Thursday as fears of a delay in economic recovery due to rising coronavirus cases in countries easing lockdowns were exacerbated by dour outlook from the U.S. Federal Reserve chairman. All three major U.S. stock indexes ended lower overnight after Fed Chair Jerome Powell warned of an "extended period" of weak economic growth, pointing to uncertainty over how well future outbreaks of the virus can be controlled. "Warnings of prolonged economic weakness by Fed chair Jerome Powell further dampened sentiment this week, weighing on Wall Street and likewise to drag Asia markets lower into the end of week," said Jingyi Pan, market strategist at IG.
* Philippines hits lowest since April 6 * Malaysia's March CPI falls 0.2% y/y * Singapore benchmark hits two-week low By Nikhil Subba April 22 (Reuters) - Most Southeast Asian stock markets fell for a second session on Wednesday as the collapse of oil prices earlier this week underscored supply glut worries and exposed the severity of the damage to demand from the coronavirus pandemic. The week so far has seen some of the most volatile days in the history of oil trading, with prices for U.S. crude turning negative, as inventories swelled and finding storage spaces became difficult, prompting investors to digest that demand worries could last for several months. Singapore's Straits Times Index declined 1.5% to hit its lowest in two weeks.
* China tariff rollback faces opposition in White House- report * Singapore set for fifth straight weekly gain * Thailand set to post biggest weekly gain in over 1 year By Sameer Manekar Nov 8 (Reuters) - Most Southeast Asian markets on Friday retreated from the recent risk-on rally, with Singapore falling the most, as sentiment was hit by doubts over Washington's tariff rollback announcement. A Reuters exclusive report of fierce internal opposition in the White House to a possible rollback of U.S. tariffs on China diminished initial optimism over a "phase-one" deal being reached between the two.
SINGAPORE (Nov 7): Genting Singapore (GENS) reported earnings of $158.9 million for 3Q19 ended September, some 24% lower than $210.4 million a year ago. This was also 18% q-o-q lower compared to gaming revenue of $441.1 million in 2Q19. Revenue from the non-gaming segment, however, inched up by a marginal 1% to $234.6 million.
SINGAPORE (Aug 6): Genting Singapore (GENS) did not disappoint consensus estimates in the 2Q19 ended June. While 2Q earnings fell 5% to $168.4 million, adjusted EBITDA rose 11% to $294.4 million on the back of a higher VIP win rate of 3.7% – some 1.1 percentage points higher than the corresponding quarter a year ago and 0.7 percentage points higher than the average of 3% in the past nine quarters. When the luck runs out, however, will GENS be able to overcome the soft near-term outlook?
SINGAPORE (Aug 2): Genting Singapore (GENS) saw its earnings fall 5% to $168.4 million for the 2Q19 ended June, from $177.6 million a year ago, on the back of lower other income and higher expenses. The increase was due to a 22% rise in gaming revenue to $441.1 million, boosted by a high rolling win percentage in the VIP rolling business segment at Resorts World Sentosa (RWS). In a filing to SGX on Friday, GENS says its underlying mass gaming business experienced significant declines in the quarter, and would have been further impacted if not for considerable increased spending to tap the regional markets.
It seems that odds have not been favouring local-listed integrated resort operator (IR) Genting Singapore lately. Since the start of 2019, Genting Singapore has seen its stock lost almost 10 percent of its value to trade at $0.880 per share – a level not seen since 2018.
SINGAPORE (June 24): CGS-CIMB Securities continues to rate Genting Singapore (GENS) at “add” with an unchanged target price of $1.06.