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VitroX's net profit continued to decline by 4 quarters, and YOY continued to decline by 5 quarters. Vitrox's revenue and net profit for the quarter reached RM119.6mil and RM17.2mil. The main reason why net profit for the quarter fell by RM15.7 mil (47.8%) compared to the same period last year was due to a decline in demand for Automated Board Inspection (“ABI”). Management revealed that demand for the Machine Vision System (“MVS”) is beginning to recover, and management is also actively doing research and development to develop more new products.
Vitrox also currently enjoys Pioneer status, so it will pay less than the normal 24% of taxes. Know 2025. Management remains optimistic about the upcoming needs of the global semiconductor industry. They are also optimistic about the future growing demand for artificial intelligence (AI), telecommunications, and automotive industries.
The performance this time is relatively poor; PE has reached 64. $VITROX(0097.MY$
Vitrox also currently enjoys Pioneer status, so it will pay less than the normal 24% of taxes. Know 2025. Management remains optimistic about the upcoming needs of the global semiconductor industry. They are also optimistic about the future growing demand for artificial intelligence (AI), telecommunications, and automotive industries.
The performance this time is relatively poor; PE has reached 64. $VITROX(0097.MY$
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PANTECH's recent net profit increased 21.9% year over year to RM28.74 million, and announced that it will distribute a dividend of 1.5 cents per share. Pantech's trading business performed strongly during the quarter, while losses in investment and management business were also reduced. The increase in quarterly results was mainly due to strong demand in the local oil and gas sector and optimization of the product structure. Together, these factors contributed to profitable growth in the trading business. However, the manufacturing business was affected by falling steel demand and falling ASP.
Looking forward to the future, Pengda Group is optimistic about the prospects in the oil and gas sector. It is expected that stronger oil prices will further boost investment in the maintenance and upgrading of oil and gas facilities. Steel has also been on the rise recently. I believe his steel ASP will increase next quarter. Stronger oil prices will further push gasoline companies to build facilities and benefit Pantch.
Furthermore, Pengda Group is considering listing its subsidiaries Pengda Stainless Steel and Alloy Industry Private Limited and Pengda Steel Industry Private Limited on the Malaysian Stock Exchange through special purpose tools. The company's board of directors pointed out that the listing plan is still in the early stages and requires extensive preparation work, so there are currently no specific listing details to be provided.
Currently, Pantech's PE is only 8.42; DY is also at 5.77%.
$PANTECH(5125.MY$
Looking forward to the future, Pengda Group is optimistic about the prospects in the oil and gas sector. It is expected that stronger oil prices will further boost investment in the maintenance and upgrading of oil and gas facilities. Steel has also been on the rise recently. I believe his steel ASP will increase next quarter. Stronger oil prices will further push gasoline companies to build facilities and benefit Pantch.
Furthermore, Pengda Group is considering listing its subsidiaries Pengda Stainless Steel and Alloy Industry Private Limited and Pengda Steel Industry Private Limited on the Malaysian Stock Exchange through special purpose tools. The company's board of directors pointed out that the listing plan is still in the early stages and requires extensive preparation work, so there are currently no specific listing details to be provided.
Currently, Pantech's PE is only 8.42; DY is also at 5.77%.
$PANTECH(5125.MY$
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Head over to @Moomoo AU to participate in our Anzac Day Two-Up event before 2pm to win some points or even $1 AUD!
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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...
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...
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Stock watch amid this make or break week. In this week's stock watch we cover everything you need to know about Tesla. Will it tumble or rally? Why its shares could hit $200 but some think it won't recover until next year. Plus we cover US defence contractors Lockheed Martin and Northrop Grumman reporti...
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Reported by the AFR, the AUD to USD conversion has fallen by 5.4% since the beginning of this year.
The drop in the AUD could be due to dampening hopes of Fed Reserve rate cuts and tensions in other countries. However, when this AFR article was published Carol Wong, an economist at Commonwealth Bank of Australia, suggested that if today's Chinese GDP data comes in positive, AUD/USD may experience some temporary relief.
Since then, China's GDP data ha...
The drop in the AUD could be due to dampening hopes of Fed Reserve rate cuts and tensions in other countries. However, when this AFR article was published Carol Wong, an economist at Commonwealth Bank of Australia, suggested that if today's Chinese GDP data comes in positive, AUD/USD may experience some temporary relief.
Since then, China's GDP data ha...
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$SPDR S&P 500 ETF(SPY.US$ You "buy the dip" folks are about to learn a hard and expensive lesson as South African Omicron cases just doubled over a 24 hr period (today).
"There is a possibility that really we’re going to be seeing a serious doubling or tripling of the cases as we move along or as the week unfolds," Dr. Nicksy Gumede-Moeletsi, regional virologist for the World Health Organization, told The Associated Press.
"There is a possibility that really we’re going to be seeing a serious doubling or tripling of the cases as we move along or as the week unfolds," Dr. Nicksy Gumede-Moeletsi, regional virologist for the World Health Organization, told The Associated Press.
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$Zoom Video Communications(ZM.US$ lost the train when it failed to advance into the next stage and turn into a remote work platform, integrating more functions, such as document storages, electronic signature and a messaging.
It could do these through partnerships, acqusitions or in-house development.
I do not understand why they became so complacent and failed to build the future of Zoom.
Now is too late and what has been foreseeble it eventually happened - it can even be said that $Microsoft(MSFT.US$ was polite and let Zoom a head start.
It could do these through partnerships, acqusitions or in-house development.
I do not understand why they became so complacent and failed to build the future of Zoom.
Now is too late and what has been foreseeble it eventually happened - it can even be said that $Microsoft(MSFT.US$ was polite and let Zoom a head start.
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