kok boon liu's comment on GENTING. All Comments

kok boon liu
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cheng,希望不会错看他,如果他搞私配或附加,就真的对不起广大投资人了
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cheng
I am not sure whether I understood the translation correctly, kok. The translation is as such "I hope I won't misunderstand him. If he engages in private or surcharge, I will really be sorry to the majority of investors". If you are referring to market force, no BODs will have controls over it. everyone just need to manage their own positions accordingly.
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cheng
you will also notice how comments change according to the market force :) One moment negative another moment positive. Lol, no pun intended. Just enjoy the volatility driven by market force. After all, the market force carries with it the actions, motivations and sometimes flaws of every participant as the saying goes.
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kok boon liu
cheng,我看不懂你写的。有时翻译带来麻烦。我的意思是,希望他不会让大家失望,回购是好事。如果回购是为了后面要发新股,那就对不起这边的投资人。希望不会带给你什么误会
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cheng
Ooh I got it now. Its much clearer. Your concern is on LKT buying now and then issue new shares later? There is no straight forward answers unfortunately. Respective shareholders will have to go through the details if there is such situation and make a decision thereafter. Things like reasons for issuance of new shares, the subtle balance between debt and equity, the timing which typically coincide with favourable market conditions and etc. Personally for me, from valuation perspective, issuing new shares when share price is at low valuation will be detrimental to investors confidence - eps dilution and will trigger market rerating.
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