逆势投资
2022-11-25

Awesome

@koolgal：
$GENTING SINGAPORE LIMITED(G13.SI)$ share price has staged a strong recovery on the back of a stellar Q322 earnings results. Genting Singapore owns Resorts World Sentosa in Singapore offering a casino, SEA Aquarium, Adventure Cove Waterpark, Universal Studios Singapore Theme Park, 6 themed hotels, celebrity chef restaurants and speciality retail outlets. Genting Singapore 3Q22 results showed strong revenue up 49% and EBITDA up 73%. Resorts World Sentosa recorded its best quarter since Covid 19 with revenue and net profit recovering to 87% and 85% of 3Q19 respectively. Genting's gaming revenue in 3Q22 recovered strongly by 56% quarter on quarter and represented 106% of pre pandemic level, mainly due to strong VIP win percentage (4.8%) Non gaming revenue also recovered 37% quarter on quarter, reflecting Singapore 's overall pent up tourism demand in 3Q22 which lifted hotel occupancy rates. Singapore Tourism Arrivals exceeded 3.7 million visitors in the 1st 9 months of 2022. This will definitely benefit Genting Singapore. Analysts are bullish on Genting with a Buy, Target price of 1.08. I am believe that $GENTING SINGAPORE LIMITED(G13.SI)$ is currently on an uptrend and is a quality stock to buy as a recovery play. Genting Singapore ticks all the core fundamentals of a quality stock. It is profitable, has a solid balance sheet with net cash of SGD 3.1 billion and an excellent management team. Genting Singapore also has a wide moat as it is the only 1 of 2 casinos in Singapore, the other being Marina Bay Sands. @Daily_Discussion @MillionaireTiger @TigerStars @CaptainTiger
$GENTING SINGAPORE LIMITED(G13.SI)$ share price has staged a strong recovery on the back of a stellar Q322 earnings results. Genting Singapore owns Resorts World Sentosa in Singapore offering a casino, SEA Aquarium, Adventure Cove Waterpark, Universal Studios Singapore Theme Park, 6 themed hotels, celebrity chef restaurants and speciality retail outlets. Genting Singapore 3Q22 results showed strong revenue up 49% and EBITDA up 73%. Resorts World Sentosa recorded its best quarter since Covid 19 with revenue and net profit recovering to 87% and 85% of 3Q19 respectively. Genting's gaming revenue in 3Q22 recovered strongly by 56% quarter on quarter and represented 106% of pre pandemic level, mainly due to strong VIP win percentage (4.8%) Non gaming revenue also recovered 37% quarter on quarter, reflecting Singapore 's overall pent up tourism demand in 3Q22 which lifted hotel occupancy rates. Singapore Tourism Arrivals exceeded 3.7 million visitors in the 1st 9 months of 2022. This will definitely benefit Genting Singapore. Analysts are bullish on Genting with a Buy, Target price of 1.08. I am believe that $GENTING SINGAPORE LIMITED(G13.SI)$ is currently on an uptrend and is a quality stock to buy as a recovery play. Genting Singapore ticks all the core fundamentals of a quality stock. It is profitable, has a solid balance sheet with net cash of SGD 3.1 billion and an excellent management team. Genting Singapore also has a wide moat as it is the only 1 of 2 casinos in Singapore, the other being Marina Bay Sands. @Daily_Discussion @MillionaireTiger @TigerStars @CaptainTiger

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