07 Feb '11, 10pm

Genting S'pore: The house expects the casino resorts operator to report a modest rise in EBITDA margin in 4Q to

UBS keeps its rating with an unchanged $2.39 target price. The house expects the casino resorts operator to report a modest rise in EBITDA margin in 4Q to 50 per cent vs 47 per cent in 3Q. UBS notes both Genting, which runs Resorts World Sentosa, and rival Marina Bay Sands were affected by a slowdown in VIP customer volumes in November and December, though Genting was relatively stable quarter on quarter. The house says: "The next step-change in market size requires deeper and wider access into the VIP/premium mass segments in China."

Full article: http://www.todayonline.com/Business/Stockcalls/EDC110208-...

Tweets

[ADV] What Goes Into A Business Plan?

[ADV] What Goes Into A Business Plan?

youngupstarts.com 08 Feb '11, 8am

Estimates of the future financial performance of a business. A financial projection is important in transforming financial...

S'pore set to be AsiaPac's 2nd largest casino market this year: observers

S'pore set to be AsiaPac's 2nd largest casino m...

channelnewsasia.com 13 Feb '11, 4am

SINGAPORE: Nearly one year after opening its casinos, observers said Singapore looked set to overtake South Korea and Aust...

China's twist on casino capitalism - TODAYonline

todayonline.com 06 Feb '11, 11pm

It is just 10 times the size of New York's Central Park with a population of 450,000. Its economy has been growing at twic...

HK pet shops boost rabbit stock

HK pet shops boost rabbit stock

channelnewsasia.com 25 Jan '11, 5pm

HONG KONG : As the Year of the Rabbit approaches, pet shops in Hong Kong are boosting their stock of the animals, expectin...

Germany's DVB expects rise in revenue from Asia...

todayonline.com 06 Feb '11, 10pm

SINGAPORE - With the centre of global trade and commerce heading East, Germany's DVB Bank - a specialised lender to the tr...