What is Genting Berhad?
Genting Berhad, an investment holding company, engages in leisure and hospitality, gaming and entertainment, life sciences and biotechnology, and investment businesses in Malaysia and internationally.
The story behind the price, the case for and against, and what could go wrong. Open a part to read it.
Genting Berhad, an investment holding company, engages in leisure and hospitality, gaming and entertainment, life sciences and biotechnology, and investment businesses in Malaysia and internationally. Its Leisure & Hospitality segment is involved in gaming, hotels, food and beverages, theme parks, retail, entertainment and attractions, tours and travel-related businesses; and the development and operation of resorts, as well as provides other support services. The company is listed on the PINK in USA, operating in the Consumer Cyclical sector, with a market capitalisation of 3.11B, and a P/E ratio of 77.4x.
A short list of Resorts & Casinos names that are close enough in size to make side-by-side comparison useful.