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Tourism Dollars To Be Hit In France, SG Casinos Feel Impact From Gaming Downcycle
Editorial Desk | 20 November 2015
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By: Louis Kent Lee
Articles (199) Profile

The terror attack on Paris have left many frustrated, shocked, and has in one way or another, impacted international markets.

The first to see that was airlines’ stocks directly operating within the region. Flight cancellations, hotel reservations’ cancellation, the closure of Eiffel tower, are all ripple effects that will have major impact on the overall economy of France.

While we remember the people and families of this tragic event, we took a wide lens approach on the two casinos in Singapore, responsible for creating thousands of new jobs and bringing in tourism dollars for the lion city.

We zoomed in on Genting Singapore, and assessed the casino’s performance in the middle of a gross gaming down cycle. Turn to page 6 to find out the possible headwinds directly pressuring the stock.

Also, we took a look at one of the biggest consumer plays listed on the Singapore Exchange, which are rivals of Sheng Siong and NTUC; Dairy Farm International Holdings. We saw how Dairy Farm is reacting to some headwinds, and we show you more on page 10.

Lastly, we visited Green Build Technology’s sites in China, and were pleasantly surprised by some of the developments we saw. For more information on what developments these are, turn no further to page 12.

Have a good read!

Louis is a qualified accountant with the ACCA, and is the Research Editor at Shares Investment magazine.

Please click here for more information about this author.

Genting Singapore  0.905 -- --   
Business: Develops, operates & mkts casinos & IRs globally, including Australia, M'sia, Philippines & UK. [FY18 Turnover] Gaming (66.1%), non-gaming (33.8%), others & invs (0.1%).

Insight: May-19, 1Q19, despite Co's non-gaming business reg... Read More
Sheng Siong Group  1.150 -- --   
Business: Co is a supermarket chain operator.

Insight: Apr-19, 1Q19 revenue rose 10.1% to $251.4m mainly ... Read More
Dairy Farm Int'l Hldgs  6.650 -0.28 -4.04%   
Business: Asian retail co that operates supermarkets, convenience stores & others. [FY18 Turnover] Food (70.3%), health & beauty (14.6%), restaurants (11.8%), home furnishings (3.3%).

Insight: Feb-19, FY18 net profit plunged 77% to US$92m due ... Read More
Green Build Tech  -- -- --   
Business: Co's principal activities include project-based activities involving energy conservation services & sustainable developments in China.

Insight: Mar-19, FY18 revenue sank 70.1% due to the substan... Read More

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