0210 GMT [Dow Jones] STOCK CALL: Macquarie raises Genting Singapore (G13.SG) target price to S$1.14 from S$0.70, after adjustments to discounted cash flow valuation to reflect improved prospects; "Genting Singapore's recent outperformance will likely persist, as it continues to execute on Sentosa. As we near the January 2010 opening, project risk should decline and earnings visibility increase." Increases FY10 earnings forecast by 160% to S$457 million to assume 12-months' worth of earnings from Sentosa project vs 6-months' previously. Keeps Outperform call. Stock +1.0% at S$1.02. (FKH)
(END) Dow Jones Newswires
August 31, 2009 22:10 ET (02:10 GMT)
Copyright (c) 2009 Dow Jones & Company, Inc.
BUY!!!!!! If it dips BUY MORE!!!!!!
Also STAR CRUISES http://sg.finance.yahoo.com/q?s=sarc.si&m=SI if breaks through .30
ROLL THE BONES!!!
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