cheng

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Fame: 7,490
Stocks that are loved will be priced accordingly; Stocks that are hated will tripled tomorrow.

Joined Dec 2017

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its end of Mar and there is still no news on Catskills non gaming assets sale to Sullivan County. Looks like not gonna happen anymore. Clock is ticking.
47 minutes · translate
No idea but its worth watching :)
2 hours · translate
New revenue stream from toll charges after the system trial?
3 hours · translate
Positive signs for new Batu Kawan plant. Despite registering a loss of RM2.2m in FY25, the Batu Kawan plant could see a turnaround sign earlier than expected after securing lucrative medical technology (under SMS segment) orders from a US-based medical device company specialising in glucose reading worth RM18m, and it could potentially increase to RM25-28m. Bulk of the med tech orders (about 8-10 units), which are destined to the US, Chile and Ireland operations, are expected to be delivered by mid-2026. We estimate that the med-tech sales could potentially contribute about 20-25% of our earnings forecasts for this year. In addition, it is currently in talks with 4-5 foreign equipment makers specialising in advanced packaging and X-ray products. If the 2 China's collaboration projects materialise together with the med-tech orders, the Batu Kawan plant could be running at full capacity utilisation.
Robust outlook. Management has set an ambitious target of RM300m sales for this year, underpinned by the strong order book of RM108m as of Jan 2026 (Value Engineering: RM84m, Manufacturing: RM24m). The manufacturing segment is expected to generate RM55-60m, a strong increase compared to FY25's RM31m. Lastly, it has set aside a capex of RM12-17m for the realignment of space for the Shah Alam plant and cleanroom installation for the Batu Kawan plant.
3 hours · translate
fantastic. v-shape recovery is coming then. Lol, no pun intended.
4 hours · translate
Recent volume is relatively high. Who is absorbing these volume switching from weak hands to strong hands?
5 hours · translate
The boss and insiders can buy from the open market though; from their own pocket money.
6 hours · translate
I can understand why company is not initiating share buyback, Vin. It makes no sense at the moment due to capex needs for RWNYC and also the debt repayment. The cash should be used for these. My only point is that what makes the boss/board being gung-ho about RWNYC which I cannot understand.
6 hours · translate
I will wait for the boss and insiders to make their moves first. I will buy back if the ticker moves back to 2.60. If the boss and insiders are not taking action given the current market pricing of the business, why should we? Just a contrarian thought.
6 hours · translate
yup. tickers are heading south on one hand while the business continues to expand on the other hand.
7 hours · translate
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