Luke Low's comment on MAGMA. All Comments

Luke Low
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MAGMA had RPS set-off proposal recently and continues to navigate balance sheet restructuring. Private placement was dilutive short-term even though it provided turnaround capital. Debt levels still elevated. Hospitality is also capex-intensive — new hotel acquisitions need refurbishment capex before ARR ramps up. So the recovery story is real but the path is uneven, keep monitoring
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Kuromi
The risk-reward profile is asymmetric, but the upside is meaningful if execution continues
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