Shares & Derivatives
Genting Sing – 2nd Half results is out ! NET profit increased 31 percent to S$334.9 million for the second half of 2023, from S$255.7 million. Proposed Final dividend of 2 cents ! A but disappointed as I thought they would raise the Final dividend to 2.5 or 3 cents. Yield is rather low of 3.3 percent based on current price of 1.03.
By Singapore Stocks Sharing  •  February 22, 2024
Genting Sing  - 2nd Half results is out ! NET profit increased 31 percent to S$334.9 million for the second half of 2023, from S$255.7 million. Proposed Final dividend of 2 cents ! A bit disappointed as I thought they would raise the Final dividend to 2.5 or 3 cents. Yield is rather low of  3.3 percent based on current price of 1.03. Revenue for H2 rose 26 per cent to S$1.3 billion, from S$1.1 billion a year earlier. FY Net profit was up 79.8 per cent to S$611.6 million. Revenue was up 40.1 per cent to S$2.4 billion. Pls dyodd. Genting Sing  - Yesterday,  she had a nice breakout of 1.05 the recent high and closed slightly higher at 1.06, looks rather positive! The only concern was that the volume is low! Next, resistance is at 1.09. Pls dyodd. Genting Sing  - Chart wise, bullish mode! Likely to reclaim 1.03 and rises higher towards 1.14 and above! Likely declare higher Final dividend of 2.5 cents !Do take note! Breaking out of 1.14 she may likely test 1.20....
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By Singapore Stocks Sharing
All information is just for sharing on https://spore-share.com or https://spore-share.blogspot.com (Trade/Invest base on your own decision). Thank You! For trading, be firmed in executing your stop loss strategy. Also don’t be too eager to take profit to early. Let your profit run. For Investing it is good to read up and educate yourself to know the basic financial analysis. Learn how to identify good company to invest . Pick those company/counter that you are familiar with their business.
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