cheng

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Stocks that are loved will be priced accordingly; Stocks that are hated will tripled tomorrow.
Joined Dec 2017

Comments

cheng replied to comment on GENM.
market sentiment will remain choppy if it is driven by US market, Eddy. Market correction, rate cut and presidential election in Nov. Election outcomes will influence monetary and fiscal policies which in turn could also impact the financial market.
1 hour · translate
cheng replied to comment on GENM.
importantly is to avoid call warrants, 超人类. You should have good experience with it now.
1 hour · translate
cheng replied to comment on GENM.
Market sentiment is not enough to get it to free fall at current price. It requires black swan event resulting in all their resorts to be halted.
2 hours · translate
cheng replied to comment on ESCERAM.
you are welcome, kelvin
3 hours · translate
cheng replied to comment on GENM.
Q3 will be even better with the weakening of USD :)
3 hours · translate
cheng replied to comment on ESCERAM.
hello kelvin, yes its back in 2022 and the total purchase consideration was 83M (65M cash + 18M in the form consideration shares at 32 cents per share). Of the 18M, it is split into two tranches - 7M upon sales and purchase agreement completion back in 2022 and another 11M will be issued upon meeting profit guarantee of min PAT of 11M cumulatively for FY23 and FY24.
4 hours · translate
cheng replied to comment on PARKSON.
sleeping beauty and will continue to sleep if it fails to turn in a profitable FY24 as there are no new stores planned for the current fiscal year.
6 hours · translate
cheng replied to comment on ESCERAM.
Logically unlikely to sell as a portion of the sales of Evermix to Esceram were covered by consideration shares with the value of 18M while 65M in cash. Selling below 32 cents a piece means Evermix owners will receive lower than 18M. Two tranches of payment in the form of consideration shares at 32 cents per share - (1) during completion of sales and purchase agreement (2) upon profit guarantee for 2 consecutive fiscal year ending 31 May 2024 (the recent released qtr report).
7 hours · translate
cheng replied to comment on PLABS.
I am still waiting for a bit lower to collect if it is available. Else, will just focus on others. More opportunities coming until end of the month :)
7 hours · translate
cheng replied to comment on OPENSYS.
3 weeks to Q2. Looking forward to it.
23 hours · translate
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