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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Will have to manage through it until QES qr in Nov :)
8 hours · translate
All is well and QES being QES :) the first one to reacts when the market sentiment is not good and the last one when it's good.
10 hours · translate
CEO Ah Tan is busy buying the dip too
10 hours · translate
spaceX stunt :)
11 hours · translate
Securities Commission Malaysia had also opened a file and begun investigating the matter; extracted from the NST news.
11 hours · translate
mi material q3 estimate/forecast has been released by MI ~47.5% gross margin translating to ~usd18mil gross profit. will be interesting to see how the market reacts when it is listed.
11 hours · translate
if MI surpass UWC, then MI Material should not be at sgd1.80. SMBU is the anchor for MI in the past and is now listed separately; consolidated to MI in the future. If MI Material at sgd1.80 is considered expensive, then, MI's current price is considered expensive too. The real drama will unfold when MI Material is listed; price discovery if you will.
13 hours · translate
probably nothing to do with JPJ. Its the status of the over 500mil cash eq excluding the digital assets as of June'26. It should be more than enough to pay for the bounced cheque unless it is not available for use. No auditor available to verify the status of these assets and audit committee doing nothing either; leaving public shareholders in the dark and at risk of total capital loss.
14 hours · translate
the real drama starts when MI Material is listed in SGX
15 hours · translate
no specific rules but most of the firm typically announce a new auditor asap. qtrly report is unaudited anyway.
15 hours · translate
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