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$VSTECS(5162.MY$ share prices pumped more than 30% last week after one of its subsidiary, VSTECS KU Sdn Bhd been named as the first Amazon Web Services (AWS) distributor in Malaysia. This collaboration expect to expand VSTECS's cloud portfolio.
This catalyst served as main driver of VSTECS's rally last week but profit taking activities quickly took place after this. The share prices retreated from RM3.88 and now trading between RM3.30-RM3.60
$VSTECS(5162.MY$ Daily Cha...
This catalyst served as main driver of VSTECS's rally last week but profit taking activities quickly took place after this. The share prices retreated from RM3.88 and now trading between RM3.30-RM3.60
$VSTECS(5162.MY$ Daily Cha...
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PA is an aluminum product manufacturer with manufacturing capacity to produce aluminum billets and end product stamping. The major customer is First Solar from the US. There are also quite a few investors who worry that PA is too dependent on a single major customer. This is a potential risk. The situation is similar to MAGNI.
However, since getting First Solar in 2018, the company has extended it for the 3rd time, and each time it is bigger than the previous contract. In January of this year, the company obtained an extension of the FirstSolar contract for a period of 18 months of RM1,076 mils. Therefore, performance is expected to grow steadily over the next 5 to 6 quarters.
Since the company only earned RM239k in the same period last year, surrendering RM12.436 mils of profit in the latest quarter increased the company by 5,099.2%. Although there is a foreign exchange profit of RM2.9 mil, there are also RM1.8 mil ESOS expenses, and when deducted, there is also PAT of RM11.5 mil or more.
The company's new production capacity was upgraded in March, mainly to meet the record high contract obtained in January. It is expected that next quarter, with the contribution of new production capacity, turnover and profit will rise to the next level.
$PA(7225.MY$
The company's net cash reached a new high in the latest quarter, reaching RM88.8 mil. Mainly due to increased profits, reduced inventory, and the collection of accounts receivable.
Company shares...
However, since getting First Solar in 2018, the company has extended it for the 3rd time, and each time it is bigger than the previous contract. In January of this year, the company obtained an extension of the FirstSolar contract for a period of 18 months of RM1,076 mils. Therefore, performance is expected to grow steadily over the next 5 to 6 quarters.
Since the company only earned RM239k in the same period last year, surrendering RM12.436 mils of profit in the latest quarter increased the company by 5,099.2%. Although there is a foreign exchange profit of RM2.9 mil, there are also RM1.8 mil ESOS expenses, and when deducted, there is also PAT of RM11.5 mil or more.
The company's new production capacity was upgraded in March, mainly to meet the record high contract obtained in January. It is expected that next quarter, with the contribution of new production capacity, turnover and profit will rise to the next level.
$PA(7225.MY$
The company's net cash reached a new high in the latest quarter, reaching RM88.8 mil. Mainly due to increased profits, reduced inventory, and the collection of accounts receivable.
Company shares...
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Revisit $SNS(0259.MY$ Rebound or Retreat?
After rally last week, the share prices see some technical correction from 161.8% Fibo extension level. While there is no new catalyst so far, will SNS continue its bullish momentum or take a break in short term?
$SNS(0259.MY$ Daily Chart
Historically on Apr 2024, the share prices did entered a short term technical correction before the next rally, will it behave the same again this time?
Share prices are currently t...
After rally last week, the share prices see some technical correction from 161.8% Fibo extension level. While there is no new catalyst so far, will SNS continue its bullish momentum or take a break in short term?
$SNS(0259.MY$ Daily Chart
Historically on Apr 2024, the share prices did entered a short term technical correction before the next rally, will it behave the same again this time?
Share prices are currently t...
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$GameStop(GME.US$ feel so dumb was gonna buy other day at 17.25 now feel retarded but will on next ride gme has won me over
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ColumnsGenting Singapore 🇸🇬 Excellent Q1 performance, parent company GENTING breathes a sigh of relief 😮💨
2023Q4 Genting Singapore 🇸🇬's earnings were not ideal due to unfavorable earnings. After that, the stock price fell by more than 20%, and the parent company also declined after the announcement of the Singapore results. Today's sales and net profit, which have reached new highs in recent years, are mainly due to the fact that Singapore and China were visa-free in February to drive profits.
Listed companies in Singapore only announce their results once every six months, but some companies voluntarily announce quarterly results. However, it will be very brief, usually only a few pages. The following is an explanation of Genting Singapore's Q1 performance.
$Genting Sing(G13.SG$
$GENTING(3182.MY$
According to the results announced in February, GenTing's profit was poor due to negative performance. Singapore has performed well this quarter, and GENM is not expected to be bad either. We can't predict stock prices, but net profit QOQ and YOY growth shouldn't be difficult; we'll know by the end of the month!
Listed companies in Singapore only announce their results once every six months, but some companies voluntarily announce quarterly results. However, it will be very brief, usually only a few pages. The following is an explanation of Genting Singapore's Q1 performance.
$Genting Sing(G13.SG$
$GENTING(3182.MY$
According to the results announced in February, GenTing's profit was poor due to negative performance. Singapore has performed well this quarter, and GENM is not expected to be bad either. We can't predict stock prices, but net profit QOQ and YOY growth shouldn't be difficult; we'll know by the end of the month!
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April was a rollercoaster ride for me 🎢 It was unpredictable, but that's just how the market is, right? I've noticed a pattern though - a few days of losses followed by a day of profit. It's always a mixed bag, like $Sony(SONY.US$ taking a 15.98% hit while $XIAOMI-W(01810.HK$ gained 17.62%. Overall, it's a wash-no profit or loss.
But here's the deal: don't limit yourself to one trading market, there's a whole world 🌍 of opportunities ...
But here's the deal: don't limit yourself to one trading market, there's a whole world 🌍 of opportunities ...
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Tesla has just made significant price cuts (again) on three of its five models in the United States. Late Friday, Tesla slashed $2,000 off the prices of its Model Y, Model X, and Model S vehicles. These adjustments leave the price tags for the Model Y starting at $42,990, Model S at $72,990, and Model X at $77,990. Notably, prices for the Model 3 sedan and the Cybertruck remained unchanged.
The Model Y, a compact SUV and Tesla’s most popular model, is currentl...
The Model Y, a compact SUV and Tesla’s most popular model, is currentl...
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Dividend growth stocks are a time-honored tool for building wealth. With the right approach, these investments can offer a dual benefit of regular income and the potential for capital appreciation. The foundation of a sound dividend growth strategy rests on identifying companies that are not only well-managed but also boast solid financials and a track record of steadily climbing earnings.
A recent Nuveen report highlights...
A recent Nuveen report highlights...
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Rio Tinto copper boss states: “Just bringing one & one together doesn’t add more copper,” he said. “The key question is how can we bring more supply.”
Build it‼️ $Rio Tinto Ltd(RIO.AU$
Build it‼️ $Rio Tinto Ltd(RIO.AU$
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