Contrary to the title, we believe that investing should never be taken as a gamble and decisions should be based on sound, non-speculative strategies.
“Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.”
– Paul Samuelson A Quick IntroductionEver heard of Resorts World Sentosa?
Well, if not, you have definitely seen it before.
Genting Singapore Ltd (SGX: G13) is the operator of the integrated resort, Resorts World Sentosa (RWS).
RWS features six uniquely themed hotels with approximately 1,600 hotel rooms, a casino, S.E.A. Aquarium™, Adventure Cove Waterpark™, Universal Studios Singapore™ and many other attractions.
At the current price of S$0.91 (at the time of writing), Genting Singapore’s shares are trading at 31% below its 52-week high price of S$1.32. It has drawn the concerns of shareholders and sparked interests among opportunists.
This raises
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