thiemlee
voted
Yang Zhongli Shuangxiong's stock price plummeted? Let's see what the market says about whether they should pick up the knife or not.
In which, $YTLPOWR(6742.MY$Yang Zhongli Electric's profit performance declined quarterly. Most investment banks believe that its stock price trend will also slow down, and they have downgraded the stock rating to “hold on” or “follow the market.”
Galaxy Securities analysts pointed out that due to a quarterly decline of 18% in the profit contribution of the Singaporean subsidiary Power Seraya in the 3rd quarter of fiscal year 2024 (up to the end of March) and the expansion of telecom business losses, Yang Zhongli Electric's net profit for the 3rd quarter also began to fall from its peak, falling 16% from quarter to quarter.
“Power Seraya's net profit performance began to return to normal in the 3rd quarter. At the same time, the telecom business faced the impact of the decline in project revenue and increased losses, which was enough to offset the narrowing of Wessex Water's losses and the contribution of the affiliate company to more profits.”
The analyst also said that Power Seraya's electricity retail revenue declined quarterly due to renewed power supply contracts, which offset higher electricity sales brought about by hot weather in the 3rd quarter.
As for the outlook, the analyst did not change Yang Zhongli Electric's future profit expectations. He still predicts that Power Seraya's profit will continue to fall back to normal levels, but the recovery in Wessex Water's performance, combined with contributions from the data center business beginning in the second half of fiscal year 2025, is expected to mitigate the impact of the decline in Singapore's power generation profits.
...
In which, $YTLPOWR(6742.MY$Yang Zhongli Electric's profit performance declined quarterly. Most investment banks believe that its stock price trend will also slow down, and they have downgraded the stock rating to “hold on” or “follow the market.”
Galaxy Securities analysts pointed out that due to a quarterly decline of 18% in the profit contribution of the Singaporean subsidiary Power Seraya in the 3rd quarter of fiscal year 2024 (up to the end of March) and the expansion of telecom business losses, Yang Zhongli Electric's net profit for the 3rd quarter also began to fall from its peak, falling 16% from quarter to quarter.
“Power Seraya's net profit performance began to return to normal in the 3rd quarter. At the same time, the telecom business faced the impact of the decline in project revenue and increased losses, which was enough to offset the narrowing of Wessex Water's losses and the contribution of the affiliate company to more profits.”
The analyst also said that Power Seraya's electricity retail revenue declined quarterly due to renewed power supply contracts, which offset higher electricity sales brought about by hot weather in the 3rd quarter.
As for the outlook, the analyst did not change Yang Zhongli Electric's future profit expectations. He still predicts that Power Seraya's profit will continue to fall back to normal levels, but the recovery in Wessex Water's performance, combined with contributions from the data center business beginning in the second half of fiscal year 2025, is expected to mitigate the impact of the decline in Singapore's power generation profits.
...
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thiemlee
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, ...
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thiemlee
liked
Watch out below the BTC prices differential between the 2 exchanges a few hours ago!!! Coinbase is the most expensive place to buy BTC right now
As supply dwindles, we're likely to see CRAZY spreads emerge!
$Coinbase(COIN.US$ $Bitcoin(BTC.CC$ $iShares Bitcoin Trust(IBIT.US$ $Grayscale Bitcoin Trust(GBTC.US$ $VanEck Bitcoin Trust(HODL.US$ $Valkyrie Bitcoin Fund(BRRR.US$
As supply dwindles, we're likely to see CRAZY spreads emerge!
$Coinbase(COIN.US$ $Bitcoin(BTC.CC$ $iShares Bitcoin Trust(IBIT.US$ $Grayscale Bitcoin Trust(GBTC.US$ $VanEck Bitcoin Trust(HODL.US$ $Valkyrie Bitcoin Fund(BRRR.US$
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thiemlee
liked
$CleanSpark(CLSK.US$ its here 22 today!!!!🚀🚀🚀🚀
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thiemlee
voted
Hi, mooers!
Check out moomoo's fresh earnings calendar to start this week!
This week, various companies including $Alibaba(BABA.US$, $Sea(SE.US$, $Walmart(WMT.US$ and $Grab Holdings(GRAB.US$ are releasing their earnings. Will they bring good results and boost the stock prices? Let's make a guess!
Rewards
An equal share of 3,000 points: For mooers who correctly guess the stock who makes the biggest gains during the w...
Check out moomoo's fresh earnings calendar to start this week!
This week, various companies including $Alibaba(BABA.US$, $Sea(SE.US$, $Walmart(WMT.US$ and $Grab Holdings(GRAB.US$ are releasing their earnings. Will they bring good results and boost the stock prices? Let's make a guess!
Rewards
An equal share of 3,000 points: For mooers who correctly guess the stock who makes the biggest gains during the w...
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thiemlee
voted
$GENTING(3182.MY$
As the domestic tourism industry continues to recover, Hong Leong Investment Bank believes that Genting, which is currently undervalued, is one of the main beneficiaries and deserves investors' attention.
Hong Leong Investment Bank analysts pointed out that they are in Genting Malaysia, respectively $GENM(4715.MY$and Genting Singapore $Genting Sing(G13.SG$Genting, which has a strategic stake, can benefit from the recovery of tourism in Malaysia and New Zealand.
The following are the company's range buying points, short-term upward targets, and stop-loss points.
$GENTING(3182.MY$
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. Always conduct your own independent research and evaluation and consult professional advice if necessary before making any investment decisions. The author and related participants are not responsible for any loss or damage resulting from the use or reliance on the information contained in this article.
As the domestic tourism industry continues to recover, Hong Leong Investment Bank believes that Genting, which is currently undervalued, is one of the main beneficiaries and deserves investors' attention.
Hong Leong Investment Bank analysts pointed out that they are in Genting Malaysia, respectively $GENM(4715.MY$and Genting Singapore $Genting Sing(G13.SG$Genting, which has a strategic stake, can benefit from the recovery of tourism in Malaysia and New Zealand.
The following are the company's range buying points, short-term upward targets, and stop-loss points.
$GENTING(3182.MY$
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. Always conduct your own independent research and evaluation and consult professional advice if necessary before making any investment decisions. The author and related participants are not responsible for any loss or damage resulting from the use or reliance on the information contained in this article.
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thiemlee
voted
$Disney(DIS.US$ call option holders are rushing for the exit before the contracts become worthless as shares of the entertainment giant tumble after giving a weaker fiscal third-quarter outlook for its entertainment direct-to-consumer.
The company also gave a full year outlook that's slightly below Wall Street estimates. The company expects full year adjusted earnings per share to grow 25%. Analysts expect a 25.3% growth...
The company also gave a full year outlook that's slightly below Wall Street estimates. The company expects full year adjusted earnings per share to grow 25%. Analysts expect a 25.3% growth...
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