Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
mind you that they reported forex gain in Q3 2024 but share price didn't move up. when they reported forex losses in q4 2024, it gapped down. So don't expect much from the forex gain results
similarly for lower interest rates. its positive for Genting indeed but insufficient to trigger an upside rerating by IBs. Upside rerating here is referring to adjusting the tp higher from current baseline of low of 3.50 to high of 6.00.
GenM latest announcement to fully acquire Empire is a bad2 decision and not good for their shareholders. It has been downgraded by IBs after the last qtr results and latest acquisition announcement will see more downgrades.