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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cheng replied to comment on BAUTO.
q4fy25 in 2 weeks time. Another 20M range qtr performance until new models launch.
1 hour · translate
cheng replied to comment on SFPTECH.
Retest the gap at 0.26?
1 hour · translate
cheng replied to comment on TRC.
slowly but surely, ah choon. as is - 800mil construction order book, and 600mil gdv property development currently in construction and launching in Q2'26, property JV in Australia beginning to make money as you can see from the income statement :) The strong balance sheet comes in handy as it continues to expand its construction portfolio. TRC participated in ~5bil tender value last year. Waiting patiently for announcements of contracts :)
Yesterday · translate
cheng replied to comment on BAUTO.
Moving towards luxury segment :) Oferring for existing Mazda customer and other luxury SUV owners to switch over.
2 days · translate
cheng replied to comment on BAUTO.
competitions and price wars in the EV segment. Price wars can be painful for car manufacturers due to margins compressions. Survival of the fittest. BAuto going slow could ended up be the winner? :)
2 days · translate
cheng replied to comment on SFPTECH.
1 bil market cap and aggregate profit of 20M for min 3 to 5 fiscal years must be fulfilled if the board remains interested with Main Board listing in the future; minimum baseline target for financial performance and market cap.
2 days · translate
cheng replied to comment on INFOTEC.
ooh boy. history repeating itself - maxim, ktc and now infotec. must be tough for hhc.
2 days · translate
cheng replied to comment on GENTING.
GenM (49%), GenS (53%) and RWLV (100%) ownership by Gent. GenS and RWLV performance will be key for Gent's recovery/growth. GenM's growth will be challenging unless drastic decision to streamline US assets - divest non performing assets and reallocate the capital for capex on profitable assets.
3 days · translate
cheng replied to comment on GENTING.
you are right, Vin. Q2 forex gain will be higher indeed. And GenS should continue to see recovery heading into Q3. Upcoming two consecutive quarter's performance for RWLV will also be important; ebitda margins has to move up to at least 20% first before moving up to 30%. Anything less than 25% for RWLV will be an investment failure / capital misallocation in my personal opinion. GenS margins at 35% and that should be the benchmark for RWLV :) GenM US assets typically ranging between 15% to 25%.
3 days · translate
cheng replied to comment on GENTING.
last qtr ~6.8 mil ebitda and latest qtr 47.2 mil, Vin. Ebitda margins slightly more than 6%. GenS is solid with q1'25 better than q4'24 for both revenue, ebitda and ebitda margins. GenM's revenue dropped by slightly more than 150 mil comparing to q4 which is a surprise. Gent will have to depend on GenS and RWLV in coming quarters.
3 days · translate
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