Eddy Khoo's comment on GENM

Eddy Khoo's comment on GENM. All Comments

Eddy Khoo

2 Like · Reply

there are other bidders for the assets in Miami and potentially can enter S&P with other interested parties. bear in mind before this asset disposal news in April, GenM was trading around 2.5++. it s an oversold situation now.

11 months · translate ·

常胜将军-赵云

so good timing to buy more now?

Like · 11 months · translate

Eddy Khoo

if you read the announcement clearly, it just stated that GenM declined the exclusive period extension. meaning other bidders can make offer to GenM from now on instead of being tied down with the initial purchaser who failed to complete the purchase and asked for exclusive extension.

4 Like · 11 months · translate

BOSS LIM

Yes fast buy good price now

1 Like · 11 months · translate

Eddy Khoo

logically, if I want to sell, and the buyer wanna buy, and the price is good, of course I don't mind to wait another 2-3 months for such transaction. instead, GenM declined the request. the golden question now is whether genm has another better offer in the card? else why declined such a good purchase price?

2 Like · 11 months · translate

Jian Hao Lai

Good analysis ?

Like · 11 months · translate

BOSS LIM

Of course very nice, fast buy, all in bro.

Like · 11 months · translate

If they sell lower or significant lower market will punish them overall bad bad

Like · 11 months · translate

Eddy Khoo

seem Kenanga has similar view on higher bid.

https://www.thestar.com.my/business/business-news/2023/06/23/genting-malaysia-could-be-eyeing-better-miami-land-deal

Like · 11 months · translate

Daniel Wong

Hahaha either we or kenanga are stipud if the land can fetch higher the Purchaser definitely will comply with all terms and conditions unless… is not a good deal

Like · 11 months · translate

士别杜公

GenM just terminate the deal so they sure have their backup plan, it has nothing lose but more to reopen the bid

Like · 11 months · translate

Daniel Wong

Look like GM only Choice is goin to sell at lower price….

Like · 11 months · translate

Daniel Wong

IT is the purchaser pull out of the deal…no GM

Like · 11 months · translate

Eddy Khoo

GENM tarik harga like in pasar. see if can get higher price. GenM is raising fund for its casino license bid in New York

Like · 11 months · translate

Eddy Khoo

purchaser requested extension and changes in sales terms. Genm declined. then purchaser pulled out.

Like · 11 months · translate

Vin Cullen

Genm don't let purchaser changes agreement again .. Becoz previously already change once.. They actually already sign the S&P..
Maybe will forfeit their 10%