$Taiwan Semiconductor (TSM.US)$ save the team of $Advanced Micro Devices (AMD.US)$ $Synopsys (SNPS.US)$ $iShares Semiconductor ETF (SOXX.US)$
$ASML Holding (ASML.US)$ don’t do stupid mistake again.
It’s over now?
$ASML Holding (ASML.US)$ don’t do stupid mistake again.
It’s over now?
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Darthvader14
commented on
$GENM (4715.MY)$ It's time to go to haidilao.
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Darthvader14
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Hi, mooers!
$Taiwan Semiconductor (TSM.US)$ is releasing its Q3 2024 earnings on October 17 before the bell. Unlock insights with TSM Earnings Hub>>
For the details of indicator sentiment, please tap the link and check.
Since its Q2 2024 earnings release, shares of $Taiwan Semiconductor (TSM.US)$ have seen an increase of 11.42%.How will the market react to the upcoming results? Make your guess now!
Rewards
● An equal share of 5,000 ...
$Taiwan Semiconductor (TSM.US)$ is releasing its Q3 2024 earnings on October 17 before the bell. Unlock insights with TSM Earnings Hub>>
For the details of indicator sentiment, please tap the link and check.
Since its Q2 2024 earnings release, shares of $Taiwan Semiconductor (TSM.US)$ have seen an increase of 11.42%.How will the market react to the upcoming results? Make your guess now!
Rewards
● An equal share of 5,000 ...
Expand
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Darthvader14
liked
Business partner sues for "accounting fraud", Genting Malaysia faces a demand for nearly 2.6 billion.
(Kuala Lumpur News on the 14th) Genting Malaysia $GENM (4715.MY)$ Being suspected of "accounting fraud", the partner of RW Bimini in the Bahamas is being sued to recover $0.6 billion USD (approximately 2.575 billion Ringgit) in compensation.
Genting Malaysia reported to Bursa Malaysia today that its wholly-owned U.S. subsidiary, Genting Americas (GAI), was sued by RAV Bahamas Limited (RAV) in the Southern District Federal Court of Florida on October 7 local time, with the lawsuit notice served to GAI on October 11.
In a statement, the lawsuit involves the operational matters of Resorts World Bimini in the Bahamas, with RAV seeking damages of over 0.6 billion US dollars.
In response, Genting Malaysia stated in the announcement: "GAI believes the lawsuit is baseless and entirely without merit, and will actively defend against it."
Resorts World Bimini, owned and operated by BB Entertainment Limited, with Genting Malaysia indirectly holding 78% of the company's shares, while RAV holds the remaining 22%.
According to the Asian gambling industry magazine "Asia Gaming", as quoted by the local media, RAV alleged in the lawsuit that Genting Malaysia, as a major shareholder, transferred nearly 1 billion US dollars (approximately 4.291 billion ringgit) of debt to Resorts World Genting...
(Kuala Lumpur News on the 14th) Genting Malaysia $GENM (4715.MY)$ Being suspected of "accounting fraud", the partner of RW Bimini in the Bahamas is being sued to recover $0.6 billion USD (approximately 2.575 billion Ringgit) in compensation.
Genting Malaysia reported to Bursa Malaysia today that its wholly-owned U.S. subsidiary, Genting Americas (GAI), was sued by RAV Bahamas Limited (RAV) in the Southern District Federal Court of Florida on October 7 local time, with the lawsuit notice served to GAI on October 11.
In a statement, the lawsuit involves the operational matters of Resorts World Bimini in the Bahamas, with RAV seeking damages of over 0.6 billion US dollars.
In response, Genting Malaysia stated in the announcement: "GAI believes the lawsuit is baseless and entirely without merit, and will actively defend against it."
Resorts World Bimini, owned and operated by BB Entertainment Limited, with Genting Malaysia indirectly holding 78% of the company's shares, while RAV holds the remaining 22%.
According to the Asian gambling industry magazine "Asia Gaming", as quoted by the local media, RAV alleged in the lawsuit that Genting Malaysia, as a major shareholder, transferred nearly 1 billion US dollars (approximately 4.291 billion ringgit) of debt to Resorts World Genting...
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Darthvader14
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$PBBANK (1295.MY)$ any sifu can explain why everyone dumping their shares? 🤔 i thought this acquisition is beneficial for pbb
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Darthvader14
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$PBBANK (1295.MY)$ About how much does it need to drop to buy?
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$LPI (8621.MY)$ Shareholder replacement: Today is just the descendant Tan Sri Zheng's instructions on how to handle the inheritance. $PBBANK (1295.MY)$ There are no plans for a comprehensive acquisition and privatization, although according to regulations, acquiring more than 33% requires initiating a takeover proposal, but it must then reach 50%+1 to enter the next acquisition milestone. Sonpo Japan also holds approximately 8.5% of the shares, and with a relatively high stock price, there are relatively few retail investors.
After all, the banks are already major shareholders, so a decline in the stock price would only harm their own interests. Today's press conference of the Zheng family is just to explain post-event matters, retail investors should not overanalyze. I hold shares myself. $LPI (8621.MY)$ Dividend-paying stocks are high-quality stocks, so I will do my best to buy them cheaply.
After all, the banks are already major shareholders, so a decline in the stock price would only harm their own interests. Today's press conference of the Zheng family is just to explain post-event matters, retail investors should not overanalyze. I hold shares myself. $LPI (8621.MY)$ Dividend-paying stocks are high-quality stocks, so I will do my best to buy them cheaply.
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Darthvader14
liked
Today's press conference is not actually about the general banks, but about the descendants of Zheng Hongbiao explaining how to handle the inheritance and close the net.
In simple terms, it is to close the net.
Dispose of all LPI shares, please ask banks for help to take over and recover 1.7 billion. They don't care that it's 25% below market price, compared to when Zheng Hongbiao founded the business, the value has already increased several tens or hundreds of times.
Next is to partially exit from banks, in order to comply with national banking policies. The Zheng family currently holds 22.77% of the Public Bank, and wants to reduce it to 10%, which means selling 12.77% equity.
The 12.77% equity is now valued at 11.3 billion. OK, it's just a number. The Zheng family also said they would sell it cheaply. If it discounts like LPI by 25%, they can realize close to 8.5 billion.
In total, the descendants of the Zheng family can have over 10 billion in hand, happily.
The remaining 10% in Public Bank is like collecting stamps, keeping a bottom line, proving affection. They can attend the AGM every year to eat and drink.
It's just that our stamp collection is 100 shares, while others' stamp collection is 10%.
Structure
$PBBANK (1295.MY)$
$LPI (8621.MY)$
In simple terms, it is to close the net.
Dispose of all LPI shares, please ask banks for help to take over and recover 1.7 billion. They don't care that it's 25% below market price, compared to when Zheng Hongbiao founded the business, the value has already increased several tens or hundreds of times.
Next is to partially exit from banks, in order to comply with national banking policies. The Zheng family currently holds 22.77% of the Public Bank, and wants to reduce it to 10%, which means selling 12.77% equity.
The 12.77% equity is now valued at 11.3 billion. OK, it's just a number. The Zheng family also said they would sell it cheaply. If it discounts like LPI by 25%, they can realize close to 8.5 billion.
In total, the descendants of the Zheng family can have over 10 billion in hand, happily.
The remaining 10% in Public Bank is like collecting stamps, keeping a bottom line, proving affection. They can attend the AGM every year to eat and drink.
It's just that our stamp collection is 100 shares, while others' stamp collection is 10%.
Structure
$PBBANK (1295.MY)$
$LPI (8621.MY)$
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