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cheez_lit Female ID: 103098409
That's the way it goes
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    When the stock market is bullish, everyone is happy.
    As soon as the stock market began to adjust, watching the stock price fall back to the cost price,
    Only then did retail investors start searching for all kinds of “analytical articles” and doing all kinds of “homework”,
    Some are even looking for “chicken soup text”...
    Trying to find some comfort~
    As long as someone tells him, “The stock price drop is temporary, are you afraid it won't happen?”
    He feels OK, he's very comfortable~
    He won't think about whether that statement has any basis,
    He will also selectively ignore any statement contrary to his wishes.
    This is a common bias in the stock market.
    Every day I watch the stock price go up and down, and my mood rises and falls,
    It's usually because there isn't an effective set of trading strategies.
    If you have a trading strategy and it is effective (can make money in the long run),
    As long as you follow the strategy and operate repeatedly, treating the stock market as a game of probability,
    Earn more, lose less, or earn more, lose less (the technical term means that expectations are positive)
    The law of big numbers will eventually make you money.
    There is always a period of retracement in the stock market. This is normal.
    It's something every trader should have accepted.
    Why should I care?
    Reduce the obsession with winning or losing individual stocks, and focus on the strategy itself,
    Your investment portfolio, body and mind will all be healthier.
    Hi everyone, I'm Black Horse who focuses on quantitative trading strategies.
    ——————
    Off topic:
    Every day, I need to spend time researching trading strategies and input knowledge,...
    Translated
    $GHLSYS(0021.MY)$
    Japan's NTT Data Group is interested in acquiring GHL Systems with a bid of RM1.08 per share.
    According to the takeover offer announced by GHL on the Malaysian Exchange, Japan's NTT Data Group proposed to acquire 58.73%, or 670.44,235 shares, with a bid of RM724.1 million, or RM1.08 per share.
    As a result, the acquirer triggered a mandatory full takeover, which required the acquisition of the remaining shares not yet held.
    Wanting to privatize GHL
    According to the takeover offer, Japan's NTT Data Group has no intention of maintaining the listing status of the GHL system; that is, it aims to privatize the latter.
    As for the purchase price of RM1.08 per share, there is a 14.70 premium over the 5-day trading day weighted average price (VWAP); a 34.50% premium over the past year.
    Compared to today's closing price of RM1.01, Japan's NTT Data Group's purchase price is a 6.93% premium.
    When the market closed on Monday, the GHL system rose 2.5% or 2.5 cents, with a trading volume of 9.65,900 shares.
    So far this year, the payment system provider's stock price has climbed 45%, reaching a high of RM1.02.
    Japan's NTT Data Group, part of the telecommunications group NTT Group, is headquartered in Tokyo and mainly provides information technology, consulting, and software development services.
    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. Readers...
    Translated
    Stock prices have risen to prominence. Did news of privatization come out long ago?
    Last week, the inflation data released by the US injected a dose of strength into the market to cut interest rates and triggered a crazy rise in a number of risky assets. The cryptocurrency market also took advantage of the momentum to rebound.
    Furthermore, an overnight rumor directly detonated the cryptocurrency market —Industry analysts recently speculate that the US Securities and Exchange Commission may approve a spot Ethereum ETF this week.
    People familiar with the matter revealed that the US Securities and Exchange (SEC) on Monday asked the issuer of a potential spot Ethereum ETF to update its 19b-4 filing. 19b-4 is a form used to notify the SEC of rule changes that allow funds to trade on exchanges. ETF issuers are required to obtain SEC-approved documentation and an S-1 registration statement before the product is officially launched. According to CoinDesk, three sources said that the SEC asked the exchange to expedite the update of the 19b-4 documents on spot Ethereum ETFs, which indicates they may approve these applications by this Thursday. But that doesn't mean Ethereum ETFs will be approved; potential issuers will also need to obtain S-1 application approval before these products can begin trading. A person familiar with the matter said it may take an uncertain period of time for the SEC to approve the S-1 file because there is no deadline.
    Stimulated by this news,Bitcoin is back above $70,000, and Ethereum stands at $3,700。
    Overnight, cryptocurrency concept stocks were also moved by the news. $Marathon Digital(MARA.US)$,...
    Translated
    The rise in the coin industry has been rekindled! Bitcoin and Ethereum have rallied across the board, and related concept stocks have surged 62% the most since May. What do you think of the future market?
    The rise in the coin industry has been rekindled! Bitcoin and Ethereum have rallied across the board, and related concept stocks have surged 62% the most since May. What do you think of the future market?
    The rise in the coin industry has been rekindled! Bitcoin and Ethereum have rallied across the board, and related concept stocks have surged 62% the most since May. What do you think of the future market?
    +4
    $Science Applications International(SAIC.US)$In the 2023.3.30 analysis, it was excluded due to lack of valuation discounts, and the stock price has increased 27.5% so far.
    The US company listed in 2013 is mainly engaged in the US government's technical engineering and IT service business. Single US market, current price is 136.07. The development of companies with single government projects is very limited. Feel free to analyze and take a look.
    In the past 5 years, revenue grew in the first 4 years, shrank by 3.4% in 2023, and the average growth rate was 9.8%. The growth rate clearly declined to contraction year by year. Operating profit grew in the first 3 years and has been shrinking for the past 2 years. Net profit increased sharply by 59% in 2024 due to business sales. Without considering this portion of revenue, profit before tax shrank by 5%. Interest expenses account for 24% of operating profit in 2023, and the interest burden is very heavy. The gross margin has basically been around 11% in the past 5 years, and the net profit margin was below 4% in the first 4 years, reaching 6.4% in 2023.
    Currently, the price-earnings ratio is 15.3. Considering that operating profit has begun to shrink continuously recently, and nearly 40% of revenue in 2023 comes from business sales. Excluding the impact, the price-earnings ratio is 25.5, and the valuation is still too high.
    Translated
    Malaysia's exports rebounded 9% in April and returned to a growth trajectory that still needs to be observed and confirmed
    Malaysia's exports rebounded markedly in April, with a year-on-year increase of 9.1%, but economists still maintain a conservative view, believing that it will take time to observe before confirming that China's trade performance has returned to a growth trajectory.
    According to data released by the Ministry of Investment and Trade, Malaysia's exports rebounded in April, increasing 9.1% to RM114.72 billion, ending the contraction of the past two months; imports also increased 15.6% year-on-year to RM107.20 billion.
    This contributed to a 12.1% year-on-year increase in China's total trade in April to RM221.74 billion, expanding for the fourth month in a row.
    In addition, the trade surplus for the month was recorded at RM7.7 billion, the 48th consecutive month since May 2020.
    Li Rongchang, assistant professor of economics at the Malaysian branch of Xiamen University, said in an interview that there was a significant increase in exports in April, which is indeed encouraging, but whether the trend can continue in the future will require some more observation.
    Still lower than the previous year
    He said that in terms of total exports, April this year was RM114.72 billion, up from RM105.42 billion last year, but lower than RM127.49 billion in 2022.
    “Comparing the data from the past two years, it is now only considered a return to the long-term average, which is a normal level.”
    He explained that this was a post-pandemic recovery, which led to an explosive increase in exports in 2022. Under the high base effect, there was a marked decline compared to last year.
    Similarly,...
    Translated
    Malaysia's exports rebounded 9% in April
    Malaysia's exports rebounded 9% in April