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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Ashes scatter, dreams crumble. Not all fires lead to rebirth. Ashes are the price of ignoring the smoke or let the burn purify?
1 hour · translate
Mixed signal from analysts for automotive industry. Just chill first until optimistic faction takes the lead.
2 hours · translate
I recalled one shareholder mentioned about counting the delivery trucks and was confident with KTC. The shareholder ended up counting the big loss for his investment. Really epic - from counting trucks to counting losses.
2 hours · translate
final push?
8 hours · translate
israel - iran attacking each other is not new. the last confrontation was end of last year. US+Israel vs Iran will be new; US's bunker busters to strike Iran's underground nuclear bomb facilities perhaps.
8 hours · translate
yes, waller. a retest of 0.20 bottom is possible.
9 hours · translate
These prized assets cannot pass on to children if authority decided not to grant license extension. Have to deliver results :) no results, please pack and leave. Lol, no pun intended. RWS investment will breach SGD10 bil by the time it is completed and RWLV is approx USD5 bil. If the boss is not paying attention to these two assets performance, then, it is his own shortcomings. I doubt he would risk these two assets given the focus he is putting into it thus far:)
22 hours · translate
that is something that the boss has to figure it out :) My job is simple - invest and monitor. if not ok, exit. For the boss, will he risk his prized assets? Two most expensive/valuable assets for Genting group is RWS and RWLV. The next review for RWS by GRA will be in Feb'26. The expectation is high for RWS to keep the tourists coming or risk losing the license over time. Having said that, it needs a lot of capex to keep the attractions updated. RWLV brought in independent oversight team (the BODs) to prevent a repeat of AML and it has to keep the numbers/margins up given that it is the most expensive resort in Las Vegas :) I can understand the Empire decision by Kien Huat/Genting group. It is only logical to preserve the resources for RWS and RWLV while GenM deals with Empire, shareholder dispute with RAV Bahamas, etc.
22 hours · translate
Alternatively, Gent should pare down GenM's shareholdings and limit the impact from the consolidated balance sheet perspective. What happens in GenM stays in GenM
Yesterday · translate
Sell all GenM's US assets is the best way out. RWNYC is the one with the most potential comparing to the rest of GenM US assets but if the online gaming legislation is approved, RWNYC growth will be challenging. It's a risk and better exit earlier when it can fetch a good price.
Yesterday · translate
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