Kenny Lee's comment on GENTING. All Comments
Kenny Lee
6 Like · Reply
Fail already
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1 month · translate ·
Eddy Khoo
weak holders would be shaken off as the critical deadline is near.
1 Like · 1 month · translate
cheng
still sitting at the sideline to wait for the conclusion. listing of US assets is probably the only option left to unlock the value for the owners.
Like · 3 weeks · translate
Vin Vin
It will take few years only can listed at U.S if not mistaken
Like · 3 weeks · translate
cheng
did you notice the MTN tenure that Gent issued recently for GenM's privatization, Vin? its one year duration only and kinda short term capital needs.
Like · 3 weeks · translate
Daniel
Too many GenM shareholders have holding cost > RM3-4 !
Like · 3 weeks · translate
Eddy Khoo
wait for surprise announcement this week.
Like · 3 weeks · translate
cheng
the win-win option for US listing if owners fail to privatize GenM will be to sell US assets to US IPO entity and shareholders to receive special dividend from the sale. the clean break from poor performing US assets.
Like · 3 weeks · translate
John LTL
Cheng, short term MTN means what?
Like · 3 weeks · translate
cheng
Genting has to payback the amount at the end of one year or maybe issue new MTN to close whichever that is maturing, John. The debt financing for the privatization is approx 6.3bil based on 2.35 per share. It has issued two MTNs so far. Not sure what game is on - payback in one year seems to be quite fast.
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Like · 3 weeks · translate
Eddy Khoo
it s like poker game which the boss has hidden cards that are unknown to us.
1 Like · 3 weeks · translate
John LTL
4 trading days to go...
Like · 3 weeks · translate
Xing Tian
nah, if management is good, the company won't lossing money
Like · 3 weeks · translate