Genting Malaysia - No major surprises in the cards

Stock Name: GENM
Company Name: GENTING MALAYSIA BERHAD

Research House: CIMB

Price Call: HOLD

Target Price: 4.10

Target RM4.10

At 100% of our forecast and 104% of consensus numbers, Genting Malaysia's FY11 core net profit met expectations, anchored by the UK casinos and resilient domestic operations. In 2012, it can look forward to an additional earnings stream from RWNY.

Source: CIMB Daybreak February 29, 2012, Full PDF Report