In recent times, Genting Singapore PLC has been in the news for all the wrong reasons.
- Genting Singapore is flirting with its 52-week low. Are things turning around? (read here)
- Genting Singapore Q1 net profit plunges 73% (read here)
- Weakness in premium player segment hits Genting Singapore’s Q1 earnings (read here)
To be frank, I have never been a big fan of Genting stocks. It has all the making of a speculative penny stock. A gambling business that seems to attract punters.
Nevertheless, there has been much news about it due to:
a) The
plunge in its share prices. Genting stock prices are near 52 weeks low. The stock price on 19 June 2015 is $0.9350. This is just a tad higher than its 52-week low of S$0.915.
- b) Share buy backs.Genting has commenced on share buy backs starting from 2 June 2015, under the ...
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