Genting Bhd traded at 2.00 this Friday February 6th, increasing 0.03 or 1.52 percent since the previous trading session. Looking back, over the last four weeks, Genting Bhd gained 3.38 percent. Over the last 12 months, its price fell by 9.91 percent. Looking ahead, we forecast Genting Bhd to be priced at 1.94 by the end of this quarter and at 1.83 in one year, according to Trading Economics global macro models projections and analysts expectations.
Genting Malaysia Berhad is involved in a tourist resort business at Genting Highlands. The Company is engaged in providing leisure and hospitality services, which consist of gaming, hotel, entertainment and amusement. The Company operates through two segments. The Leisure & Hospitality segment comprises integrated resort activities, which include the gaming, hotel, entertainment and amusement, tours and travel related services and other supporting services. The Properties segment is involved in property developments, property investment and management. It owns and operates various properties, such as Resorts World Genting (RWG) in Malaysia, Resorts World Birmingham (RWB) and other casinos in the United Kingdom (UK), Resorts World Casino New York City (RWNYC) in the United States and Resorts World Bimini in the Bahamas (Bimini operations). It also owns and operates over two seaside resorts in Malaysia, such as Resorts World Kijal (RW Kijal) and Resorts World Langkawi (RW Langkawi).