Q2 earnings are approximately 80% of the pre-pandemic earning level...that is good for GenB. For Q3, it should reach around 85% to 90% of the pre-pandemic level, and for Q4, .. expect to achieve 90% to 95% of the pre-pandemic level.
many big caps stocks have already go back to pre-pandemic levels, except for a few like Genting, GenM those who missed out on pandemic discount prices, Genting, GenM are your last chance
Genting Singapore's 1H earnings triple to S$276.7m.
SINGAPORE (Aug 10): Thanks to a recovery in the hospitality industry, Genting Singapore reported earnings of S$276.7 million (RM940.17 million) for the first half ended June 30, 2023 (1HFY2023), up 227.6% year-on-year, on the back of a 63% jump in revenue to S$1.08 billion.
Gaming revenue accounted for three-quarters of the total, or S$747 million, versus S$475.2 million for 1HFY2022. Non-gaming revenue came in at S$327 million, up from S$176.8 million.
GenB have 3 daughters, RMLV is the younger 1 still drink milk, GenS is the most outstanding while GenM is the elder and very problematic hope will show some good Q2 result
Going forward and barring a global recession, we expect 2H23 to be even better on seasonally more visitors from namely, China. Jul 2023 seat capacity from China to Singapore has recovered to 74% of pre-COVID levels.
Shold be whole market hailing good the PRN outcome...we all already know greenwave...and the outcome now is much better than worst predicted...foreign fund see the the no change in state government and federal gorment, for another at least 4 years...So this is big boost for economy..
@RISK8888, how Selangor can fall??? PH itself having 32, how to fall, even in very unlikely case, UMNO jump seep, PH still has 32 out of 56, how to fall????Remember now has Anti Hopping law to prevent Katak...
So how to fall, even PH inside want to jum also cannot jump, how to fall????
I know cannot katak. Imagine PH only 4 seat away from 28seat. If this 4 seat letak jawatan and re-election again, then is possible to lose to pn. By then is 50/50 in Selangor. So is very unstable.
how this 4 seat will letak jawatan and relection? Federal gorment is unity gorment...not another sides, so why these 4 seat letak jawatan...all katak aleady jump ship to anotehr side before GE 15, those left are those hardcore royalist...so how possible for them to jump ship...Katak are all in another side don;t you think so?
So RISK8888, do more study, accept the fact, the unity gorment and Selangor, NSembilan, Penang will stay till next GE/PRN...same as Kelantan Kedah, Terengganu.
Status quo till next election...so best result outcome for market to response, if it does not response tomorrow, it will response by year end..
@risk8888, if there is any bi-election, only possibility is from another side, they are known to jump ship...already did two times, one time jump from umno, one time jump from PH coaltion....so this is the fact...so with 32 PH, no matter how, Selangor is STABLE and SAFE till next GE/PRN.
Hope you are right. From 2018 and now 2023. Selangor state PH with majority 51 and now left 32. Very dangerous. Anytime PN can make kacau. very sad I feel. Hope investor see differently.
PH w tighten d screw fr now onwards. Didn’t u hear PMX said during campaigning tht after state elections, he will ‘not tolerate such nonsense anymore’???
Once economy stable and when most ppl enjoy prosperity, they w forget all d political animosity. Tun M has said b4 tht ‘Melayu mudah lupa’. Eventually, political stability w return. U need time and patience to witness tht.
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....
Michael_chan2022
3,349 posts
Posted by Michael_chan2022 > 2023-08-10 22:30 | Report Abuse
https://finbox.com/SGX:G13/models/historical-10yr/
GenS 10Y Historical Financials
Genting Singapore q2 2023 financial result is good 👍 👍