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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agreed with Vin, Michael. (1) Track records over the last two fiscal years showing GenM's intention of maintaining a minimum 15 cents yearly payout; 6 cents post Q2 and 9 cents post Q4. (2) Despite the headwinds in Q2'24, it is unlikely that the performance will be lower compared to Q2'22 and Q2'23.
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Have you guys read FY2023 PRA and PRG annual report, F@@L and AC? Have a look at it as PRG returned to black for the first time since FY2015/2016. I am waiting for PHB's annual report and lets keep an eye for any changes on its CGU in FY2024 along the way. PRA - 3rd consecutive profitable fiscal year, PRG - 1st profitable fiscal year and PHB - hopefully the 1st one in FY2024 :)
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Congrats to all long term shareholders :) A good FY2023 for Wasco and looking forward to greater FY2024.
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Post Q2'24 will be volatile depending on the outcome, Tok Tiong. Can be upside or downside volatility:) Well, if Genting decided to participate in the Forest City, it will be immediately volatile towards the downside.
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I am not sure what it meant by that, tim foo? I am depending on the translation in this app and the translated words showing "Create a combination". Maybe F@@L's meaning is diversifications / investing in different stocks? You can wait for him to reply :)
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just a small initial position at 0.195, Andy. I liked its balance sheet and still observing the business decisions particularly Evermix. It seems to be a good business decisions so far but will probably be tested on the 3rd year. First two year comes with profit guarantee :) Hence, there is no rush.
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Long enough to witness the ups and downs as it turned to operating profit instead of losses, tim foo. Lots of sharing from F@@L, AC and other long term shareholders. And it provides learning opportunity as long term shareholders dig deep into its balance sheet to make some sense from the numbers :) If you are new here, FY2023 marked the 3rd consecutive profitable years for PRA and 1st profitable year for PRG since FY2015/2016. PHB 83M impairment in Q4 balance sheet hammered the prospect of first profitable year since FY2015; changes to its CGU / fixed assets if you will :) The only risk carried forward in the beginning of FY2023 was the MUGC and the risk is no longer there. The only item that requires monitoring is the group assets parked under PHB :) Any changes to these assets that affects its CGU will results in another journal entry of impairment loss; once bitten twice shy :) So far so good as there are no major announcement related to these assets.
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Will you become Wasco 2.0 with the on-going business transformation led by experienced leadership? Waiting patiently.
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Congrats, David Lai
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