cheng

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Stocks that are loved will be priced accordingly; Stocks that are hated will tripled tomorrow.
Joined Dec 2017

Comments

cheng replied to comment on PTRANS.
All is well. I think Mr Market did the right thing to bring it down to where it is now. Should stay at lower twenties until the real earnings without capitalization of interests showing that it's worth more than twenties.
6 hours · translate
cheng replied to comment on PTRANS.
Good can be imaginary / inflated while bad can be the true reflection?
8 hours · translate
cheng replied to comment on GENTING.
Someone betting that privatization of GenM will fail given that GenM market price is higher than 2.35? If it fails, both Gent and GenM will drop back.
13 hours · translate
cheng replied to comment on QES.
yes, undertaker. the tech sentiments has changed a bit since the Oct rate cut. Dec rate cut percentage has drop from over 70% to 50% and Trump loves cheap dollars from lower borrowings; he will work hard to make it happen in Dec. US China trade war truce for a year. Closer to semiconductor in Malaysia and some of the recent results showing sustained demand seen from previous qtr; two consecutive strong qtrs if you will. Unisem, Frontkn, Penta and MI are the latest examples. Have not seen any signs of weaker demand from the actual results released from semiconductor related companies yet.
1 day · translate
cheng replied to comment on M&G.
possible and should be expecting irps conversion incoming and bosses to buy. after all, current price has priced in the future dilution from eps in 2030 :) Assuming its still 45mil net profit without any growth every year until 2030 and irps conversion continue to happen along the way until the full conversion which will make the nosh to grow all the way to 2.22 bil shares. At PE7 comparatively with its peer, that will give it approx 0.14 cents per share; extreme case if you will. In reality, should be higher as deleveraging will uplift the net profit due to lower interest expense.
1 day · translate
cheng replied to comment on QES.
Should be next week, undertaker
1 day · translate
cheng replied to comment on GENTING.
good decision. and those that invested in Gent/GenM typically put in a substantial amount for mid to long term investment hoping for capital growth + collecting dividend in the mean time. Dividend is gone now and GenM will be gone too (possibly delisted if privatization is successful). Tough time for GenM shareholders now - to accept or reject the offer.
1 day · translate
cheng replied to comment on M&G.
market over adjusted and priced in the complete dilution from irps :)
1 day · translate
cheng replied to comment on CHB.
ok ok. I try buy some to avg down if it is attractive.
1 day · translate
cheng replied to comment on CHB.
you have too much on hands, wer qwe :) cannot throw. but do let me know if you decided to throw. hehe
1 day · translate
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