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cheng, the nearest call warrants expiry is end July. no call warrants expiring this month. I started to enter some call warrants position after the sharp drop of GenM from 2.80-2.65 and I expect it to drop further until 2.58 which was the recent low. it painful for those who bought the warrants before the quarter results
That the one time payment for the license is already USD500 mil. Raising fund in RM1.7 billion won't be enough. selling of the Miami land is indeed essential..not forgetting that the proposal is around USD5 billions
This week Fed rate decision would impact the market and those with higher exposure in US markets. Even if Fed doesn't cut rate in June but if it comes with softer tone and setting expectation of rate cut in end July, that may set off the bullish market
DD completed by the consultant. next is approval by Melaka gov. Sales could be confirmed within the next 2 months. momentum should build up when more good news are out.
