Bloomberry and Genting Berhad Dropping Coverage

Goldman Sachs has terminated coverage of Bloomberry Resorts and Genting Berhad effective May 22, 2026.

Key Takeaways

• 1.Goldman Sachs is dropping research coverage of Bloomberry (BLOOM.PS) and Genting Berhad (GENT.KL) effective immediately.
• 2.Bloomberry's target price was significantly reduced to P3.0 from P11.5, reflecting a softer GGR outlook and slower ramp-up of Solaire North, despite a Buy rating.
• 3.Genting Berhad remains Neutral-rated with a lowered target price of RM3.0 as bottom-line performance remains under pressure from lower gaming volumes.

Table of Contents

• Bloomberry
• Genting Berhad
• Disclosure Appendix
• Price target and rating history chart(s)

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