cheng

  • Following

    0

  • Followers

    1K

Fame: 8,364
Stocks that are loved will be priced accordingly; Stocks that are hated will tripled tomorrow.
Joined Dec 2017

Comments

cheng replied to comment on ZETRIX.
boss macam habis madu sepah dibuang
6 hours · translate
cheng replied to comment on GENTING.
Not sure about other options but there's one side door way which is through SPAC merger but unlikely for the boss to go that route. Another route is how MI list its SMBU segment in Singapore but it will be more complicated for Genting bcos RWLV is parked under Gent, RWLV LLC while the rest of the US assets are parked under GenM. The company structure is complicated in layers. RWNYC new casino license plus bil dollar expansion story will be a more compelling story for listing in the US rather than RWLV recovery story or Catskills/Hudson Valley/Bimini Resort:)
6 hours · translate
cheng replied to comment on GENTING.
Depending on how badly the boss wants to list the US assets. GenM privatisation will have to be completed to make it easier for restructuring into the new entity.
8 hours · translate
cheng replied to comment on GENTING.
If it happens, GenM will announce not meeting 25% public shareholding spread.
9 hours · translate
cheng replied to comment on GENTING.
Yeah. And the boss mentioned it clearly 25% to 30% discount to TERP on a full subscription basis. Market reacts accordingly.
9 hours · translate
cheng replied to comment on GENTING.
Price fixing / ex date effect, Vin :)
9 hours · translate
cheng replied to comment on GENTING.
Announcement effect, Eddy :)
9 hours · translate
cheng replied to comment on GENTING.
Seems to stabilise now though I was expecting it to fall into 25% to 30% from Friday closing price. The next price movement will be during price fixing, ex date.
10 hours · translate
cheng replied to comment on ZETRIX.
bukan Wong. Federal Territories Umno information chief Datuk Gulam Muzaffar Gulam Mustakim officially lodged a report to MACC last week.
11 hours · translate
Load more