Result update – Genting weaken, Masterskill worsen, Hap Seng and Dsonic stable growth

Genting revenue drop around 15% and profit by half. Masterskill result is worsen and we recommend sell on any rebound. Hap Seng delivered stable growth result which our target price raise to min RM 2.00 and Dsonic business model plus its high EPS triggered our buy call.