Friday, 23 October 2015

Genting Singapore - CIMB Research 2015-10-22: MBS likely to take more market share

Genting Singapore - CIMB Research 2015-10-22: MBS likely to take more market shareGENTING SINGAPORE PLC G13.SI 

Genting Singapore - MBS likely to take more market share 

  • 3Q15 adjusted property EBITDA was US$389.7m (+7% qoq, +11% yoy). 
  • Rolling chip volume grew 20% qoq and 25% yoy to US$11.4bn, the best quarterly performance since 1Q14. 
  • Stronger performance at MBS may not translate into better figures at GENS’s Resorts World Sentosa (RWS), rather we expect MBS to gain market share. 
Continue Reading »

No comments:

Post a Comment