cheng

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

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cheng replied to comment on MPI.
On 15 March 2026, Malaysia’s Minister of Investment, Trade and Industry, Johari Abdul Ghani, announced that the Agreement on Reciprocal Trade (ART) between Malaysia and the United States was now “null and void.”
1 day · translate
cheng commented on US Fed expected to hold rates steady as Iran war roils outlook.
Hold rates? Doubt so. One of the tool that US Fed can use is to increase rates and USD will react accordingly and oil price will get some downward pressure / cooling off.
2 days · translate
cheng replied to comment on GENTING.
Let him make his move first followed by insiders. Not too late to follow thereafter.
3 days · translate
cheng replied to comment on GENTING.
Yeah, that will be good. Now, we have to be prepared for all the different possibilities too. Meaning - option 1 which is to meet the 25% requirement. Unlikely for the boss to sell their stakes to meet 25% req. So, the other option is then to do a pp exercise.
4 days · translate
cheng replied to comment on GENTING.
Delisting of GenM is the best way forward if the boss wanted to unlock the value of US assets given the huge capital commitments for RWNYC. After all, the previous MGO has stated that the intention is not to continue with GenM listing.
4 days · translate
cheng replied to comment on GENTING.
First is for GenM to make an announcement that it is no longer meeting the 25% public shareholding spread requirement. Two options from here: (1) plans to meet the 25% req (2) propose delisting of GenM. Delisting will have to go for votes and etc.
4 days · translate
cheng replied to comment on GENTING.
Gent cannot make another offer within 6 months, Vin. However, Gent can accumulate from the market as long as it is below the offer price. And the previous offer closed at 73.13% shareholdings. Less than 2% short from violating the 25% public shareholding spread.
4 days · translate
cheng replied to comment on GENTING.
73.8% shareholdings on GenM; marching closer to 75%. Looking good.
4 days · translate
cheng replied to comment on NATGATE.
Sorry to hear that you have been scammed, Ng Kim. Thanks for sharing to create awareness so that others will not fall into the same scam.
4 days · translate
cheng replied to comment on MPI.
Waiting patiently for lower twenties.
4 days · translate
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