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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maybe not on day one. SGX's IPOs probably not as hot as KLSE :)
4 minutes · translate
DNAe going through restructuring while Nasdaq listed Celularity regained Nasdaq compliance - FLORHAM PARK, N.J., Oct. 22, 2026 (GLOBE NEWSWIRE) -- Celularity Inc. (Nasdaq: CELU) ("Celularity"), a longevity-focused regenerative and cellular medicine company, today announced that it received written confirmation from the Listing Qualifications Staff of The Nasdaq Stock Market LLC ("Nasdaq") that Celularity has regained compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of periodic financial reports with the U.S. Securities and Exchange Commission. Nasdaq's determination follows Celularity's October 20, 2026 filing of its Quarterly Report on Form 10-Q for the period ended June 30, 2026. Nasdaq confirmed that the reporting deficiency matter is now closed. Revenue was $5.43M for 2Q 2026, down from $5.74M in 2Q 2025 ( (5.3%)).
Net income attributable to common shareholders was $0.55M for 2Q 2026, versus a loss of $24.52M in 2Q 2025 (turnaround YoY).
6 minutes · translate
wah... sgd6 is high ooh... 2.50 to 3.00 is possible with Mi's current price. Mi will probably retrace to below 6.00 if Mi Material fails to go above 2.50
11 minutes · translate
Mi Material listing next week; backed by cornerstone investors including abrdn Asia Limited, abrdn Malaysia Sdn Bhd, Amova Asset Management Asia Limited, Areca Capital Sdn Bhd, Barings Singapore Pte Ltd, Fullerton Fund Management Company Ltd, and Manulife Investment Management (Singapore) Pte. Ltd. Mi Material should be moving higher given Mi's current price range is between 6 to 7.
23 minutes · translate
the funding for RWNYC is mentioned in GenM's Q2 report - Changes in Debt and Equity Securities
(1) As previously reported in the quarter ended 31 March 2026, Genting New York LLC (“GENNY”), an indirect wholly-owned subsidiary of the Company drawn USD755.0 million (equivalent to RM3,055.5 million) from its Senior Secured Credit Facility to fund the commercial casino licence fee and capital expenditure of Resorts World New York City (“RWNYC”).
(2) In June 2026, Genting Americas Inc. (“GAI”) entered into a new USD2.0 billion Secured Credit Facility, to:
(i) refinance the existing indebtedness of GENNY under the Senior Secured Credit Facility mentioned in (1) above;
(ii) redeem the USD300.0 million 7.75% Senior Secured Notes due 1 November 2026 of Empire Resorts,
Inc. (“Empire”); and
(iii) support the development and operation of a commercial casino at RWNYC.
GAI and Empire are indirect wholly-owned subsidiaries of the Company.
50 minutes · translate
just look at the historical income statement/balance sheet in the annual report at company's level will do. its there - how Gent generates its revenue (mgmt fees and dividend income) and the details of the borrowings (MTNs and maturity). consolidated details are in there as well including list of properties and its book value.
1 hour · translate
another thing to observe is holding companies movement but kinda tedious. RWNYC license holder is Genting New York LLC (GENNY) and Empire Resorts is under Genting Empire Resorts LLC (GERL); complicated layers of holding companies :) If the boss is submitting approval to New York Gaming Commission for approval to transfer/move GERL under GENNY, then, we will know he is moving towards US listing.
2 hours · translate
decision delayed from yesterday to today. have they reached the consensus on the next steps?
2 hours · translate
the boss can also offer Gent shares in return instead of another cash offer :)
2 hours · translate
yup. my personal opinion is that the first step to US listing will be RWNYC and restructuring in GenM is necessary. It has to be done before the Bally's Bronx and Cohen's Metropolitan Park are ready; capitalising the first-mover advantage :) No idea on the what & how the boss will do it.
4 hours · translate
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