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Depending on Mr. Han's direction moving forward. I am not sure about the rest but the recent media news about GenM eyeing Thailand's IR is kinda ill-timed for me. It is stretching GenM's resources too thin while RWNYC full casino license bidding and expansion is still at the initial phase. If we take a step back to look at GenM's ratings by ratings agency - BBB for IDR and BBB- for SCP. BBB- is the lowest tier within the investment grade and one tier lower will be BB+ which is speculative grade. Hopefully, Mr Han will make the right decision and manage it better.
Hello tim foo. I sold it at 2.40 when it spiked back in the second week of Feb. I am not a fan of GenM vying for both Thailand's IR and the RWNYC expansion at the same time.