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Genting Singapore - Mixed MBS vibes
StockFanatic
Publish date: Fri, 24 Apr 2015, 09:50 AM
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■ Expect 1Q15 EBITDA of SGD275m. Maintain EPS & SGD1.08 TP, at 9x FY15 EV/EBITDA or -1.5SD to its long-term mean.
■ Downgrade from BUY to HOLD pending further catalysts. For sector exposure, prefer Bloomberry and Genting Malaysia.
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