Genting Huat AH!!!

[Mustank]

http://business.asiaone.com/Business/News/...323-335175.html

 

Genting Singapore shares surge after govt OKs junkets

 

OCBC Investment Research said the move is positive for Genting Singapore as it will bring a new source of high net-worth players.

 

Fri, Mar 23, 2012

Reuters

 

SINGAPORE - Shares of Genting Singapore surged as much as 8.6 per cent on Friday after the city-state licensed two Malaysian casino junket operators in a move that could help the firm attract more high rollers to its casino.

 

Genting shares were up 6.8 per cent at S$1.74 on volume of 57.5 million shares. The stock was among the top two traded shares by both value and volume in the Singapore market.

 

Singapore's Casino Regulatory Authority, in a statement dated Thursday, described the two operators as international market agents who "will focus on bringing in foreign high rollers to our casinos".

 

OCBC Investment Research said the move is positive for Genting Singapore as it will bring a new source of high net-worth players into its casino. It is also expected to lead to an improvement in the company's credit risk, OCBC added.

 

But OCBC said it may need a while to get the junket operations running at full steam. OCBC maintained its buy rating and S$2.02 target price on Genting Singapore stock.

 

[Luckcent]

Its just like opening a can of coke and gas rushes out for a while.

[Chewbacca]

Its just like opening a can of coke and gas rushes out for a while.

 

Or premature ejaculation.

 

'Oh, baby, it feels so-HRRRRRRRRRRK..........ugh............................whoops'

[Luckcent]

Or premature ejaculation.

 

'Oh, baby, it feels so-HRRRRRRRRRRK..........ugh............................whoops'

Only 2 guys ( junket ) to make you come........ :D

[PaiKia-Lee]

how come LVS no junk operators yet?

[Seaweed]

a casino is never complete without junket !!! [laugh]