"Shareholders in Genting Singapore (SGX:G13) are in the red if they invested a year ago"

LISTEN UP, INVESTORS! If you were a shareholder in Genting Singapore (SGX:G13) a year ago, you're probably feeling the pain right now. The stock has taken a nosedive, and it's time to figure out why. Let's dive into the numbers and see what's been happening.



First things first, the stock price has plummeted by -20.56% in the last 52 weeks. That's a massive hit to your portfolio! The beta of 0.81 tells us that the volatility has been lower than the market average, but that's cold comfort when you're down 20%. The Relative Strength Index (RSI) is at 39.72, which means the stock is oversold. But don't get too excited—oversold doesn't always mean it's time to buy.

Now, let's talk about the financials. Genting Singapore reported a 5% decrease in net profit for the fiscal year ended December 31, 2024, coming in at $578.9 million. Despite a 5% year-on-year revenue increase to $2.5 billion, the company is struggling. Rising costs and inflationary pressures are eating into profits, and the adjusted EBITDA dropped by 6% to $960.1 million. That's a red flag, folks!

But it's not all doom and gloom. The company has a strong liquidity position with a current ratio of 5.21 and a net cash position of 3.59 billion. That's a lot of cash on hand, which is a good thing. The debt/equity ratio is 0.00, meaning the company has no debt. That's a huge plus in these uncertain times.



Now, let's talk about the strategic initiatives. Genting Singapore is pushing forward with the 'RWS 2.0' transformation and expansion plans. This includes a waterfront development with two new luxury hotels, totaling 700 rooms, set to be completed by 2030. This is a bold move to enhance RWS's status as a premier destination. But will it be enough to fend off the competition from Thailand's upcoming casino-entertainment complexes? Only time will tell.

The bottom line is this: if you invested in Genting Singapore a year ago, you're in the red. The stock has taken a beating, and the company is facing significant challenges. But there are glimmers of hope with the 'RWS 2.0' initiative and the company's strong financial position. Stay tuned, folks—this story is far from over!