我系李生
liked
$LAGENDA(7179.MY$
Although the stock price once fell by more than 27% to 85 cents today, the stock price seems to be picking up. At noon, the stock price was reported at RM1.12.
Lagenda Industries confirmed that a senior official was detained by the Anti-Corruption Bureau (MACC), and after the stock price fell to a standstill, an unusual trading activity (UMA) question was issued by the Malaysian Stock Exchange. However, the company claimed that the incident did not affect business operations.
The only Apex securities investment bank that gave Lagenda a “hold on” rating said that the ongoing investigation actually had a certain impact on the group's reputation.
The securities bank emphasized the need for management to actively communicate to resolve key stakeholders' questions about financial impact, business operations, and group sustainability to restore investor confidence.
Apex Securities lowered the stock's target price to RM1.12, based on a revaluation of 50% higher net asset value (RNAV) discount rate to take into account weak effective management practices.
However, if the results of the investigation are favorable and Lagenda's reputation is restored, an increase is likely.
According to Bloomberg data, the stock currently has 4 “buy” ratings, and the 12-month target price is RM2.04.
Source: Nanyang Siang Pao
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. The reader shall bear any risk and responsibility arising from reliance on this content. In making any investment decisions...
Although the stock price once fell by more than 27% to 85 cents today, the stock price seems to be picking up. At noon, the stock price was reported at RM1.12.
Lagenda Industries confirmed that a senior official was detained by the Anti-Corruption Bureau (MACC), and after the stock price fell to a standstill, an unusual trading activity (UMA) question was issued by the Malaysian Stock Exchange. However, the company claimed that the incident did not affect business operations.
The only Apex securities investment bank that gave Lagenda a “hold on” rating said that the ongoing investigation actually had a certain impact on the group's reputation.
The securities bank emphasized the need for management to actively communicate to resolve key stakeholders' questions about financial impact, business operations, and group sustainability to restore investor confidence.
Apex Securities lowered the stock's target price to RM1.12, based on a revaluation of 50% higher net asset value (RNAV) discount rate to take into account weak effective management practices.
However, if the results of the investigation are favorable and Lagenda's reputation is restored, an increase is likely.
According to Bloomberg data, the stock currently has 4 “buy” ratings, and the 12-month target price is RM2.04.
Source: Nanyang Siang Pao
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. The reader shall bear any risk and responsibility arising from reliance on this content. In making any investment decisions...
Translated
25
2
我系李生
liked
ColumnsMY Morning Wrap | RHB Bank's Q1 Net Profit Down 4.1% as Higher Provisions Offset Income Growth
Good morning mooers! Here are things you need to know about today's market:
●Market Falls as S&P 500, Dow Jones, and Nasdaq Composite Indexes Drop on Wednesday Afternoon
●Johor Plantations Group Plans IPO for Expansion into Downstream Business
●Bursa Malaysia Reports Continued Growth in Islamic Capital Market
●Stocks to watch: RHB Bank, Capital A, Axiata
-moomoo News MY
Wall Street Summary
As a general ...
●Market Falls as S&P 500, Dow Jones, and Nasdaq Composite Indexes Drop on Wednesday Afternoon
●Johor Plantations Group Plans IPO for Expansion into Downstream Business
●Bursa Malaysia Reports Continued Growth in Islamic Capital Market
●Stocks to watch: RHB Bank, Capital A, Axiata
-moomoo News MY
Wall Street Summary
As a general ...
21
我系李生
commented on
$EPICON(4847.MY$ lucky it's not a subsidiary of Lagenda. A bit of knee jerk reaction by the market here it seems.
1
3
我系李生
voted
😊Hi, Malaysian mooers!
MAYBANK is set to release its next earnings report on May 24. How do you think the market will react to the company's quarterly results? Cast your vote to participate!
(Vote will close on 16:30 MYT May 24)
🎁 Rewards
👌 An equal share of 1,000 points: For mooers who correctly guess the price range of $MAYBANK(1155.MY$'s closing price at 16:45 MYT May 24 (e.g., If 50 mooers make a correct guess, ...
MAYBANK is set to release its next earnings report on May 24. How do you think the market will react to the company's quarterly results? Cast your vote to participate!
(Vote will close on 16:30 MYT May 24)
🎁 Rewards
👌 An equal share of 1,000 points: For mooers who correctly guess the price range of $MAYBANK(1155.MY$'s closing price at 16:45 MYT May 24 (e.g., If 50 mooers make a correct guess, ...
86
136
我系李生
voted
$NVIDIA(NVDA.US$ is releasing its Q1 earnings on May 22, after the U.S. stock market close. How will the whole market react to the AI giant's results? Vote your answer to participate!
Rewards
● An equal share of 10,000 points:
For mooers who correctly guess the price range of $NVIDIA(NVDA.US$'s opening price at 9:30 AM ET May 23 (e.g., If 50 mooers make a correct guess, they will get 200 points!)
(The vote will close ...
Rewards
● An equal share of 10,000 points:
For mooers who correctly guess the price range of $NVIDIA(NVDA.US$'s opening price at 9:30 AM ET May 23 (e.g., If 50 mooers make a correct guess, they will get 200 points!)
(The vote will close ...
153
348
我系李生
liked
我系李生
liked
Also known as: How does moomoo handle dividends from the stocks in my account?
Buy before ex-dividend date: you are entitled to the dividend. If you buy on ex-dividend date, you do not get the dividend.
Sell on/after ex-dividend date: you are entitled to the dividend.
Dividends less withholding tax (if applicable; US withholding tax is 30% https://www.moomoo.com/community/feed/109012797882374?lang_code=2&data_ticket=441896acf760b247a0cf9e113dce06b6&content_type=feeddetail&channel_name=15) will be ...
Buy before ex-dividend date: you are entitled to the dividend. If you buy on ex-dividend date, you do not get the dividend.
Sell on/after ex-dividend date: you are entitled to the dividend.
Dividends less withholding tax (if applicable; US withholding tax is 30% https://www.moomoo.com/community/feed/109012797882374?lang_code=2&data_ticket=441896acf760b247a0cf9e113dce06b6&content_type=feeddetail&channel_name=15) will be ...
+1
364
74
我系李生
reacted to
$GENETEC(0104.MY$ After watching it a few times, I think this stock is being scammed every time
Translated
1
我系李生
liked
Helping the Composite Index challenge the injection of 160 billion dollars of foreign capital into Malaysian stocks
Recently, good news has been spreading frequently in the Malaysian market, driving net purchases of Malaysian stocks to RM1.06 billion last week, the biggest weekly net purchase amount in the past two years; Malaysian stocks also reached a 2-year high, challenging 1,600 points.
According to the capital flow report released by MIDF Research today, foreign investors were net buying Malaysian stocks for 4 trading days last week, totaling RM1.06 billion, which is 3.6 times higher than the previous week. It is also the highest weekly net purchase record in the past two years.
This drove Malaysian stocks up 0.92% last week to a high of 1589.59 points.
The most recent large-scale capital inflow to Malaysian stocks was in the week of March 18, 2022 (Friday). The total weekly capital inflow was RM1.18 billion.
Last week, the most foreign purchases were utilities (RM443.7 million), financial services (RM277.3 million), and communications and media (RM140.4 million).
Meanwhile, the sectors with the highest net foreign sales were energy (RM22.4 million), farming (-RM16.9 million), and industry (RM10.4 million).
Furthermore, the local agency became a net seller last week, with total sales of RM903.1 million, ending its position as a buyer for 9 consecutive weeks.
Retail investors, on the other hand, sold Malaysian stocks net for the 8th week in a row, totaling RM112.2 million.
In terms of participation, the average daily transaction value of all three parties increased. Among them, foreign investment increased the most significantly, reaching 22.0%, local institutions, and...
Recently, good news has been spreading frequently in the Malaysian market, driving net purchases of Malaysian stocks to RM1.06 billion last week, the biggest weekly net purchase amount in the past two years; Malaysian stocks also reached a 2-year high, challenging 1,600 points.
According to the capital flow report released by MIDF Research today, foreign investors were net buying Malaysian stocks for 4 trading days last week, totaling RM1.06 billion, which is 3.6 times higher than the previous week. It is also the highest weekly net purchase record in the past two years.
This drove Malaysian stocks up 0.92% last week to a high of 1589.59 points.
The most recent large-scale capital inflow to Malaysian stocks was in the week of March 18, 2022 (Friday). The total weekly capital inflow was RM1.18 billion.
Last week, the most foreign purchases were utilities (RM443.7 million), financial services (RM277.3 million), and communications and media (RM140.4 million).
Meanwhile, the sectors with the highest net foreign sales were energy (RM22.4 million), farming (-RM16.9 million), and industry (RM10.4 million).
Furthermore, the local agency became a net seller last week, with total sales of RM903.1 million, ending its position as a buyer for 9 consecutive weeks.
Retail investors, on the other hand, sold Malaysian stocks net for the 8th week in a row, totaling RM112.2 million.
In terms of participation, the average daily transaction value of all three parties increased. Among them, foreign investment increased the most significantly, reaching 22.0%, local institutions, and...
Translated
29