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Worst is over for group on potential Covid-19 vaccine, says analyst
KUALA LUMPUR: RHB Research is maintaining a Buy on Genting Malaysia as it believes the company has reached its inflection point, where almost all its facilities have re-opened, boosted by encouraging business recovery.
THE reopening of Genting Malaysia Bhd’s flagship Resorts World Genting (RWG) some three weeks ago has received good response from patrons, a sign that the gaming company is on the road to recovery, albeit early days.
KUALA LUMPUR: Maybank Investment Bank Research is retaining its Buy on numbers forecast operators (NFOs) Magnum and Berjaya Sports Toto as jackpot sales have recovered by about 78% in two and a half weeks.
PETALING JAYA: The reopening of Resorts World Genting (RWG) last week will sustain Genting Malaysia Bhd’s (GeNM) present valuations, despite a deliberate slow ramp-up
PETALING JAYA: Resorts World Genting (RWG) will reopen tomorrow at 10am after being shut for three months due to the movement control order (MCO) since March 18
PETALING JAYA: Gaming companies saw some modest gains in yesterday’s trade following the government’s decision to allow the numbers forecast operator (NFO) companies to operate once again.
KUALA LUMPUR: Resorts World Genting (RWG) will reopen on Friday but entry into SkyCasino at SkyAvenue and Genting Club at Genting Grand Hotel will be for Genting Rewards members.
KUALA LUMPUR: JF Apex Research expects Hengyuan Refining Company Bhd, Magnum Bhd, Berjaya Sports Toto Bhd, YTL Corp, XOX Bhd, Green Packet Bhd and Boustead Heavy Industries Corp Bhd (BHIC) to be among the stocks to watch on Wednesday.