Bloomberry stock shines as capex slows, investments pay off

Bloomberry Resorts shares have plunged 61.11 percent over the past year, though as investments at home begin to bear fruit and it diversifies overseas, sentiment may be turning towards the Philippine casino operator.  Over the last month the shares have stabilized on renewed buying and are now 44.10 percent above the 52-week low set on January 18, 2016.  According to the FT, the consensus forecast of 13 polled analysts is that the company will outperform the market. This is a sharp difference from only a month ago when the sentiment was simply categorized at hold.  As a holding company, Bloomberry only employs 19 people. The subsidiaries including Sureste, a developer, Bloomberry Resorts and Hotels, Inc. which is both a developer and operator of tourist facilities, Bloom Capital B.V., a financial holding along with Solaire de Argentina S.A. and Solaire Korea Co, Ltd employ approximately 5,177 employees.  For Q3, 2015, the company reported total...

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