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 CHB.
Not a contract, ah choon. It's incorporation of a new subsidiary in Singapore.
7 hours · translate
cheng replied to comment on GENM.
Not sure about plunge, Vin. I think other rating agencies will probably make the same credit negative conclusion. And most likely Gent will not issue dividend for Q4 performance either. It will plunge by the.
7 hours · translate
cheng replied to comment on GENM.
Ratings agency on downgrade watch for Gent, Vin - https://www.klsescreener.com/v2/news/view/1605443
8 hours · translate
cheng replied to comment on GENM.
I have doubts in the short term even if it is successful due to the debt financing, Vin. Analysts opinions are split between good offer against market price before take over offer vs not good for not considering successful bid of NYC casino license. 6.3bil of debt financing for the takeover offer is not a small amount given that GenS will be in net debt before 2030. One of the possibility that I could think of is that - to consolidate US assets and list it in US. All in all, it seems to raise lots of questions.
10 hours · translate
cheng replied to comment on GENM.
we will know before end of the year based on 13th Oct announcement date, Vin. As for the percentage, things can change pretty fast as we do not know who are the PACs and funds/insti decision.
12 hours · translate
cheng replied to comment on QES.
QES good closing indeed. As for the new plant, it was pending CCC approval and slated for commercial operations by 3Q25 based on the research report from Tradeview.
12 hours · translate
cheng replied to comment on GENM.
There should be PACs too right?
12 hours · translate
cheng replied to comment on GENM.
NGC couldn't be bothered with the privatization. NGC is more interested to have bidders bidding for the license. Genting has just exceeded 50% shareholdings of GenM which means the offer is now unconditional.
12 hours · translate
cheng replied to comment on QES.
thats fast, william :) bosses wont check comments in public forum. You have to send the message to investor relations :)
14 hours · translate
cheng replied to comment on CHB.
blocked between 930 and 940 :p
14 hours · translate
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