$MAGNI(7087.MY)$
#钱多到没地方花不如派发特别股息
Many Malaysian stock companies need to raise capital such as Right Issue and Private Placement to obtain capital due to lack of capital to operate. However, there are also a few dozen companies. The happy problem is that they have no place to spend money, and MAGNI is one of them. 0 loans and cash levels have broken through the RM471 mil mark.
MAGNI's stock price broke through a 52-week high due to outstanding performance in the latest quarter. Observing that NIKE's performance outlook for December last year was not as good as expected, I thought MAGNI would also be affected. As a result, the March results were amazing. Most likely because this year is the Paris Olympics, so there is an Olympic event every 4 years. As earnings grow, the dividend for FY2024 is expected to be between 11 and 13 points. However, the author still feels that MAGNI could go a bit bigger and distribute a special dividend of 5-10 points to shareholders. The stock price trend may be similar to HLIND and APOLLO.
Overall, NIKE's outlook for March is that FY24's turnover is expected to increase by 1%, mainly due to the slowdown in the Chinese market. The annual profit of FY24's MAGNI is expected to be a 3-year high. Since the 24 base is relatively high, the FY25 growth rate may be a single-digit% as a reference according to NIKE's guidelines.
Today's MagBi doesn't need to do much CAPE...

Today I wanna try to read a different asset class, the $Bitcoin(BTC.CC)$ in a naked chart as I found a potential bearish reversal pattern in making
During post covid, bitcoin reached its peak on Nov 2021, followed by around 1 year bearish trend till the bottom during Nov 2022. A strong bullish trend began since then, from around 15000 level to above 70000 this year, wrote a nearly 400% gains just within 2 years!
$Bitcoin(BTC.CC)$ Daily Chart
From the dail...

$Tesla(TSLA.US)$ Tesla's succeeded in its niche: poorly constructed, ugly, overpriced, entry level EV.
Unfortunately, that niche is getting crowded!
Competitors are racing ahead in every category and at every price point.
Elon "Ted Cruz" Musk is dumping his Texla stock.
I would run - not walk - from this stock.

$Advanced Micro Devices(AMD.US)$ $Intel(INTC.US)$ Many corporate company’s new laptops are coming with AMD chip set. (It use to be Iintel earlier)
Intel can’t beat with AMD gpu and colors performance. INTL is dead cat. It may bounce but not real.
AMD , NVDA are truly market leaders in US and internationally. Intel will be gone in next 5 years. No innovation. Many company’s give lot of chance and time to intern to come up. However they could not able to did due to CEO who doesn’t have chip engineering knowledge and having account knowledge. They focused on how to process dividend on ever Qt rather than new design in chip. It is already late when it compare to AMD.
I can bet inter won’t move. Come back next year and see both stocks. AMD will be 300. INTC will be around 35 to 45 range.

$Novavax(NVAX.US)$ announces its submission to the Singapore Health Sciences Authority (HSA) for interim authorization of its COVID-19 vaccine, NVX-CoV2373, under the Pandemic Special Access Route.
Shares down 1.4% premarket at $198.
The filing includes clinical data from two pivotal Phase 3 clinical trials, PREVENT-19 conducted in U.S. and Mexico; and U.K. trial including 15,000 participants.
Novavax recently received Emergency Use Authorization (EUA) for the vaccine in Philippines, and has filed for vaccine approval in South Korea.
Novavax' COVID-19 vaccine is packaged as a ready-to-use liquid formulation in a vial containing ten doses. The vaccination regimen calls for two 0.5 ml doses (5 microgram antigen and 50 microgram Matrix-M adjuvant) given intramuscularly 21 days apart. The vaccine is stored at 2°- 8° Celsius, enabling the use of existing vaccine supply and cold chain channels.
The EMA has also started evaluating Novavax's marketing application for its COVID-19 vaccine.