$GENM / 4715 (GENTING MALAYSIA BERHAD)
Research by TA
Buy - TP RM3.13

"Supports from Foreign Tourists"

We maintain GENM’s DCF valuation to RM3.13/share with unchanged CAPM of 19.3%. Maintain Buy on GENM for its compelling dividend yield of more than 6.0%.

Analyst:
Tan Kam Meng, CFA
kmtan@ta.com.my