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$APPASIA(0119.MY$
The reasons for the recent rise in AppAsia's stock price are as follows:
1. **Profit Improvement**: AppAsia's profitability has improved significantly. For example, earnings per share (EPS) for the full year of 2023 were RM0.002, compared to RM0.001 [[❞]] (https://simplywall.st/stocks/my/software/klse-appasia/appasia-berhad-shares) for the previous year.
2. **Strategic development**: The launch of new platforms, such as Metavbuilder, may have boosted investors' optimism. The platform is seen as an initiative to take advantage of emerging technology and has attracted positive market attention [[❞]] (https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=0119).
3. **Internal Purchases**: Recently, there have been a number of internal purchases, such as Mr. Toh Hong Chye's massive purchase of company shares in late May and early June 2024. Internal purchases generally indicate confidence in the company's future prospects [[❞]] (https://www.malaysiastock.biz/Corporate-Infoma...
The reasons for the recent rise in AppAsia's stock price are as follows:
1. **Profit Improvement**: AppAsia's profitability has improved significantly. For example, earnings per share (EPS) for the full year of 2023 were RM0.002, compared to RM0.001 [[❞]] (https://simplywall.st/stocks/my/software/klse-appasia/appasia-berhad-shares) for the previous year.
2. **Strategic development**: The launch of new platforms, such as Metavbuilder, may have boosted investors' optimism. The platform is seen as an initiative to take advantage of emerging technology and has attracted positive market attention [[❞]] (https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=0119).
3. **Internal Purchases**: Recently, there have been a number of internal purchases, such as Mr. Toh Hong Chye's massive purchase of company shares in late May and early June 2024. Internal purchases generally indicate confidence in the company's future prospects [[❞]] (https://www.malaysiastock.biz/Corporate-Infoma...
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There aren't any significant earnings reports on the horizon for this week, so everyone's going to be watching some key economic progress instead.
The economic stats coming up are likely to show that Canadians were tightening their belts even more when it came to household spending per person, right before the Bank of Canada is expected to cut interest rates in June.
Early numbers from local real estate authorities hint that the ...
The economic stats coming up are likely to show that Canadians were tightening their belts even more when it came to household spending per person, right before the Bank of Canada is expected to cut interest rates in June.
Early numbers from local real estate authorities hint that the ...
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$JPMorgan(JPM.US$ I'm really amazed I was listening to one of these bobbleheads on financial news station a short while ago and they're scratching their heads they're saying I don't understand why JP Morgan's going down I don't get it I don't understand it... Jamie Diamond a few weeks ago came out and said he wouldn't buy his own stock here that pretty much tells you what to do if he's not going to buy it at the high levels that it was so weeks ago then institutions are not going to wait around...
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$NIO Inc(NIO.US$
Nio is up on news that tariffs are much milder than expected.
The European Commission (EC) concluded that battery electric vehicles (BEVs) and their supply chains in China benefit from unfair subsidies. As a result, EC announced provisional import duties on China-made EVs ranging from 17.4% to 38.1%, depending on the automaker. Those duties are on top of existing 10% tar...
Nio is up on news that tariffs are much milder than expected.
The European Commission (EC) concluded that battery electric vehicles (BEVs) and their supply chains in China benefit from unfair subsidies. As a result, EC announced provisional import duties on China-made EVs ranging from 17.4% to 38.1%, depending on the automaker. Those duties are on top of existing 10% tar...
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$Cipher Mining (CIFR.US)$ No intention to take profit though the ticker is now showing 17% profit. Yesterday, I only trimmed the excess shares I bought the day before yesterday.
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