Monday, January 7, 2013

Genting HK

Genting HK: its 50% owned Norwegian Cruise Line has added Deutsche, JPM and HSBC to its list of advisors, and may be preparing an IPO, the London Sunday Times reported without citation. This could bring about renewed interest in Genting HK. NCL, which forms about a third of GENHK’s valn, last talked about attempting a US-listing in 4Q11 which didn’t materialize. Recent Street ratings comprise 3 Buys and 1 Sell, with TP btwn US$0.32 – US$0.45.

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