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Adolphn Male ID: 102348042
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    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...
    Translated
    Is the comprehensive foreign funding index challenging 1600?
    Is the comprehensive foreign funding index challenging 1600?
    $KGB(0151.MY)$
    KGB's own business includes ultra-high purity (“UHP”) gas and chemical delivery systems, General Contracting & Process Engineering.
    In 2018, the company raised capital through Private Placement to build the first liquefied carbon dioxide plant 🏭 to generate continuous passive income. Plant 1 was completed in 2019, so you can see that 2019 CAPEX was a record high of RM33.5 mil.
    With management's efforts, the industrial gas business can contribute more than RM15 mil of PAT in FY2022. It is expected to be between RM25 and 30 mil in 2023, with a gross margin of up to 30%. Although its turnover accounts for only 7% of the company, it contributes nearly a quarter of its profits.
    Due to strong demand for liquefied carbon dioxide, the company began construction of Plant 2 in 2022. P2 has a production capacity of 70,000 MT, 40% more than Plant 2's 50,000 MT, and a total production capacity of 120,000 MT. As a result, CAPEX in 2023 once again broke through a record high of RM69.17 mils, and Plant 2 also began operation in March 2024.
    FY2023's PLA...
    Translated
    KGB - 5 years of sharpening the sword, Industrial Gas Plant 2 drives growth and stock prices!
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    Forest City is rumored to have built a casino, and the agency called the alarm to check the “source”
    In response to the rumor that a casino will be built in the forest city of Johor, $BJCORP(3395.MY)$The case has been reported to the police to thoroughly investigate the so-called “unnamed sources”.
    According to the latest statement, Chenggong Agency indicated that the company's legal representative reported the case to the police on April 26 to allow the police to launch an investigation.
    “In particular, in order to identify and identify the so-called 'unnamed source', the source disseminated completely untrue and false claims.
    “We trust that the police will take the necessary action to investigate this matter, and we solemnly encourage any publication to carefully verify the content before reporting.”
    On the 26th of this month, Bloomberg (Bloomberg) and The Edge Singapore quoted sources as reporting that successful institutions may open a second casino in Forest City (Forest City), Johor
    Bloomberg's report revealed that Prime Minister Anwar and China's two business tycoons last week, namely Tan Sri Chen Zhiyuan, founder of successful institutions, and $GENTING(3182.MY)$Chairman Tan Sri Lam Cathay had lunch, and the head of state, His Majesty Sultan Ibrahim, also sent a representative to attend.
    On the same day, the successful agency issued a statement denying this, while urging Bloomberg and The Edge Singapore to remove related reports.
    The next day, $GENM(4715.MY)$They also denied participating in discussions on the construction of a casino in Forest City, and asked the media to remove the false reports.
    Become...
    Translated
    $AAX(5238.MY)$ announced, and $CAPITALA(5099.MY)$ The long-rumored restructuring plan is out
    Attach AAX detailspronouncement
    Simply put, a new company called “AirAsia Group” will emerge and replace AAX's listed position, then acquire all airlines under AAX and Capital A to form a short, medium and long-haul airline group
    For details, Xiaobian is still trying to scramble through this 95-page long proposal...
    Capital A also just made the latest announcement,here
    There are 68 pages in total, and Xiaobian will continue to work hard...
    Also, it was revealed in a small voice that Tony Fernandes will make an announcement tomorrow morning
    Source: Nanyang Commercial Daily, Bursa Malaysia
    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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    For the first three months of 2024, the consumer price index was 3.6%, slowing from the 4.1% annual pace in the December quarter as released by the ABS this morning. However, this is slightly higher than economists had tipped, indicating CPI would drop to 3.5%.
    The March quarterly inflation rate was 1%, compared with the 0.6% pace in the December quarter, which was around 0.2 more than anticipated.
    New inflation figures dim hopes of rate cuts
    Whatever happens tonight with Tesla $Tesla(TSLA.US)$it's going to be wild because Tesla is the third most searched item on Bloomberg and Tesla Short Interest rose to its the highest since 2021.
    Read below for more also watch my video on the Tesla scenarios.
    - Market consensus sees EPS Adj' -39% YoY to 0.526.
    - That's on expectation...
    Will Tesla shares falter after results if history repeats itself before rising later this year? Or will WILDCARDS send its shares higher, supported by FSD bulls buying
    Will Tesla shares falter after results if history repeats itself before rising later this year? Or will WILDCARDS send its shares higher, supported by FSD bulls buying
    Will Tesla shares falter after results if history repeats itself before rising later this year? Or will WILDCARDS send its shares higher, supported by FSD bulls buying
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    Malaysia Properties Sector: Time to Take a Short Break?
    $Real Estate(BK9030.MY)$ or $Bursa Property(0020I.MY)$ index had recorded a YTD gain of around 20% in year 2024. Today I will look into daily chart of $Real Estate(BK9030.MY)$ and see if this bull trend will continue for another rally.
    Some background on Malaysia Properties stocks: The index reached its peak back in year 2014 and started a major downtrend. Then it experienced a strong ...
    Naked Chart Trading: MY Properties Stocks 16 Apr 2024
    Naked Chart Trading: MY Properties Stocks 16 Apr 2024
    $Tesla(TSLA.US)$ Big news from Tesla—they've just cut the monthly price for their Full Self-Driving (FSD) software from $199 to $99. It's a big move, considering the tough financial times they're facing.
    The FSD, now renamed "FSD (Supervised)," still requires drivers to keep an eye on the road and be ready to take control. Despite its name, it's not fully autonomous, and there have been some issues with the system being a bit unreliable. Tesla's been under ...
    Tesla FSD: From $199 to $99 per month
    Tesla FSD: From $199 to $99 per month
    Tesla FSD: From $199 to $99 per month
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