cheng

  • Following

    0

  • Followers

    992


Fame: 7,503
Stocks that are loved will be priced accordingly; Stocks that are hated will tripled tomorrow.

Joined Dec 2017

Comments

Hopefully Gent will not be the story of The Goose That Laid the Golden Eggs, Eddy.
10 hours · translate
the long awaited chip design company :)
16 hours · translate
towards 15th floor. slowly but surely.
16 hours · translate
if orders from their main customer shrink
17 hours · translate
I can understand where you are coming from, jackie. I do not think sales agreement is the difficult part as long as Genting has the gas ready and pricing/timing is right for Genting and buyers. The biggest challenge is still getting the gas ready. Genting being Genting - you can expect the timeline to keep changing. Lol, no pun intended.
17 hours · translate
I dont have any position in Gent at the moment, Jackie. Will not receive invitation to the AGM :) The problem with the mgmt - they dont communicate timely and kept shareholders in the dark. Retail shareholders will have to comprehend the latest status from external sources / information from the web.
18 hours · translate
Empire and its affiliate, Genting New York LLC ("GENNY"), are in the process refinancing the obligations secured by the Prior Mortgage pursuant to a Credit Agreement among Empire, GENNY, Wells Fargo Bank, National Association ("Wells Fargo") and certain other affiliates of Empire and GENNY and the lenders party thereto (the "2026 Refinancing"). Up to $300,000,000 of new credit facilities to be obtained in connection with the 2026 Refinancing will be secured by one or more leasehold mortgages to be granted by MOC, ERREI and ERREII in favor of Wells Fargo, as collateral agent for the benefit of the lenders, on RWC (the "New Mortgage"). https://www.sullivanida.com/wp-content/uploads/2026/04/IDA-Agenda-Packet-4-13-26.pdf
18 hours · translate
GSA is the easy part, Jackie. The tough one will be the onshore facilities. Imagine gas extraction facility onsite (onshore / land) and then extracted gas to be routed from the site to the FLNG offshore for liquefaction via long piping passing through land and ocean. As for Catskills, can you share the news of confirmed not selling? What I saw is just Empire is negotiating with a US bank to secure refinancing for the 300mil bonds expiring this year. What it meant is that the bond will be redeemed using the financing from the US bank.
18 hours · translate
the other two components that I mentioned were derived from the report if you will. The Q1'27 for the delivery of the FLNG by Wison was from separate news that I saw from the O&G online news.
18 hours · translate
Extracted the update from the last qr report - The construction of the onshore gas processing plant is continuously facing some challenges due to the remote location. This gas processing plant will offtake the raw gas from the upstream Kasuri block and process to treated gas which will be sent for further liquefaction process in the floating liquefied natural gas (“FLNG”) facility located 7 kilometres away from the shore. The construction of the FLNG facility in China shipyard is progressing as per expectation, achieving slightly more than 70% completion of construction to date. The project financing discussion with a group of regional and international lenders are in progress, pending the GSA, which is targeted to finalise in 2026. The Group has an arrangement with an established international third party to explore and pursue future business opportunities within the energy sector
18 hours · translate
Load more