Thursday, October 26, 2017

Genting Singapore - Target Price $1.35?



Genting Singapore continues to remain strong after market closed. The stock was heavily traded with so much buyers/sellers but more importantly, results for MBS is good which could spill over to Genting. Looking at the chart, it seemed as though Japan will approve opening the of a casino and it might drive Genting to further heights.

https://www.theedgesingapore.com/high-rollers-mbs-keep-genting-singapore-buy

https://www.theedgesingapore.com/genting-singapore-shares-42-125-fourth-top-volume

See the links above from the edge magazine, CIMB gave a target price at 1.35 which could materialized. Need to watch the stock for the next few days.

Ronald K - Market Psychologist - A Stock Market Opportunist