热门标签

新2网址(www.hg108.vip):Genting’s speed bumps on road to recovery

时间:3周前   阅读:7   评论:6

新2网址www.hg108.vip)实时更新发布最新最快的新2代理线路、新2会员线路、新2备用登录网址、新2手机版登录网址、新2皇冠登录网址。

According to CGS-CIMB Research, Resorts World Genting (RWG) is seeing strong pent-up anecdotal demand for local tourism and some return of foreign visitors, especially during the Singapore school holidays in June 2022.

PETALING JAYA: Genting Malaysia Bhd is roaring back to life as pent-up demand and the lifting of border restrictions see visitors returning to its hilltop casino resort. However, the group may face some speed bumps on its road to recovery due to labour shortages, said CGS-CIMB Research.

According to the research firm, Resorts World Genting (RWG) is seeing strong pent-up anecdotal demand for local tourism and some return of foreign visitors, especially during the Singapore school holidays in June 2022.

Despite strong demand, it said RWG only operated 5,500 hotel rooms (out of a total 10,500) in mid-May, although this was up from 5,200 at the end of March. CGS-CIMB Research said it believes this would have likely improved further to about 6,000 in June.

“RWG is in the process of hiring more staff and plans to open more rooms over the next six months.”

To factor in the slower RWG recovery, CGS-CIMB Research has cut the group’s financial year 2022 (FY22) core earnings per share by 52% and anticipates a full recovery in FY23.

Meanwhile, the soft-opening promotion of the SkyWorlds theme park has been extended from the end of June to Sept 30, 2022 as the gaming group seeks to attract more traffic.

“Currently, it is operating 15 out of a total 19 rides, with three more new rides to be opened before the end of the year,” said CGS-CIMB Research.

,

澳5彩票开户www.a55555.net)是澳洲幸运5彩票官方网站,开放澳洲幸运5彩票会员开户、澳洲幸运5彩票代理开户、澳洲幸运5彩票线上投注、澳洲幸运5实时开奖等服务的平台。

,

“However, online checks show mixed feedback, with visitor complaints mostly about the intermittent closure of some rides due to technical issues,” it added.

CGS-CIMB Research believes these are teething issues and operational kinks are to be ironed out.

The net debt of Genting Malaysia, which is 49.5% controlled by Genting Bhd, stood at RM9bil at the end of first quarter 2022.

On another matter, Genting Singapore Ltd said it was informed that parent company Genting had received an unsolicited approach for its stake in the former, and which has not been pursued.

Last week, Bloomberg reported that multiple suitors, including MGM Resorts International have approached Genting to buy its 53% shareholding in Genting Singapore. The news, according to Maybank Investment Bank (Maybank IB) Research, reiterated its view that Genting is deep in value.

Maybank IB Research said there are reasons for and against Genting acquiescing.

Divesting the Singapore gaming arm would also render Genting dependent on RWG, which operates in increasingly conservative Malaysia for earnings, added Maybank IB.

上一篇:Allbet Gmaing(www.aLLbet8.vip):“瑞雪红梅欢喜过年”游购乡村系列活动启动

下一篇:Nhận định - dự đoán Kortrijk vs Seraing 2h45 ngày 19/1 (VĐQG Bỉ 2022/23)

网友评论

  • 2022-07-31 00:38:39

    “There is no significant financial impact on Cahya Mata in commencing this legal action and furthermore there has not been a need to adjust the accounts for the respective years in question of the case as the said losses have been accounted for in the final accounts.心情好好啊,赞

  • 2022-12-15 00:23:10

    Telegram私人频道www.tel8.vip)是一个Telegram群组分享平台。Telegram私人频道导出包括Telegram私人频道、telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组(其他)、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。Telegram私人频道为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。
    没我想象的虐

  • 2023-01-19 00:08:45

    Lim cited potential further escalation in Russia’s war in Ukraine, which would worsen inflation and global growth prospects, as well as financial instability caused by tighter monetary policies in advanced economies and possible further geopolitical tensions in Asia.有待提升