Rodney Chua
commented on and voted
Hello Malaysian investors! Are you worried about needing more flexibility in your trading schedule?
At moomoo, we understand the challenges of trading within standard market hours. That’s why we're thrilled to introduce our 24/5 trading feature, allowing you to trade US stocks not just during regular hours but also pre-market, after-market, and throughout the night.
🤔 Why 24/5 Trading?
No more missing out on crucial trades d...
At moomoo, we understand the challenges of trading within standard market hours. That’s why we're thrilled to introduce our 24/5 trading feature, allowing you to trade US stocks not just during regular hours but also pre-market, after-market, and throughout the night.
🤔 Why 24/5 Trading?
No more missing out on crucial trades d...
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Rodney Chua
liked
99SpeedMart has disclosed the first version of its prospectus to Securities Commision,
99SpeedMart looks like a sparrow but is small
Its turnover level has reached more than RM 8 billion,
In fact, it is comparable to the volume of business of the vast majority of blue chip stocks.
It is also among the retail companies listed locally,
The one with the highest throughput,
The well-known Aeon, MrDiy, has an annual turnover of around RM 4 to 50 billion.
The gross margin of the retail industry is generally at different levels depending on the products sold.
For example,
The gross margin of food and beverage retail is above 50%;
Hardware retail/fashion retail should also be 40% or more;
Department store/pharmaceutical retail sales are around 20-30%;
99SpeedMart is a different approach,
Although the gross margin of daily necessities sold is only close to 10%,
However, the advantage lies in the high customer return rate,
The amount of operating expenses is small,
Therefore, the business model is easy to replicate,
It created today's small store Big Mac,
It has transformed into the largest retail group in the country.
(Compare 7-11, KK, TF, Lotus, Aeon, Mydin, etc.)
Among 99SpeedMart's profits,
There is also a very large contribution from product listing costs (products li...
99SpeedMart looks like a sparrow but is small
Its turnover level has reached more than RM 8 billion,
In fact, it is comparable to the volume of business of the vast majority of blue chip stocks.
It is also among the retail companies listed locally,
The one with the highest throughput,
The well-known Aeon, MrDiy, has an annual turnover of around RM 4 to 50 billion.
The gross margin of the retail industry is generally at different levels depending on the products sold.
For example,
The gross margin of food and beverage retail is above 50%;
Hardware retail/fashion retail should also be 40% or more;
Department store/pharmaceutical retail sales are around 20-30%;
99SpeedMart is a different approach,
Although the gross margin of daily necessities sold is only close to 10%,
However, the advantage lies in the high customer return rate,
The amount of operating expenses is small,
Therefore, the business model is easy to replicate,
It created today's small store Big Mac,
It has transformed into the largest retail group in the country.
(Compare 7-11, KK, TF, Lotus, Aeon, Mydin, etc.)
Among 99SpeedMart's profits,
There is also a very large contribution from product listing costs (products li...
Translated
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6
Rodney Chua
commented on and voted
Hey, mooers! Welcome back to Moomoo's Feature Challenge, where we help you master powerful tools on moomoo and take on quiz challenges to win rewards!
Every company's financials tell a unique story, revealing important information about its revenue, assets, liabilities, and cash flow.
By analyzing this data, investors can gain valuable insights into a company's performance and make informed decisions about where to put th...
Every company's financials tell a unique story, revealing important information about its revenue, assets, liabilities, and cash flow.
By analyzing this data, investors can gain valuable insights into a company's performance and make informed decisions about where to put th...
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Rodney Chua
liked
US Stock Market Review 15 - 19 Apr 2024
DJI -0.08%, SP500 -3.05%, NASDAQ -5.52%. Market experienced selloff from mainly tech stocks, with NVDA fell more than 10% on last Friday, expect to see more volatility ahead on big tech earnings
Four of the Magnificent Seven group of tech giants will report this week: TSLA, META, MSFT GOOGL
Event to watch: 23 Apr S&P PMI & New Home Sales, 24 Apr Durable Goods Orders, 25 Apr GDP QoQ & initial jobless Claims, 26 Apr Core PCE Pri...
DJI -0.08%, SP500 -3.05%, NASDAQ -5.52%. Market experienced selloff from mainly tech stocks, with NVDA fell more than 10% on last Friday, expect to see more volatility ahead on big tech earnings
Four of the Magnificent Seven group of tech giants will report this week: TSLA, META, MSFT GOOGL
Event to watch: 23 Apr S&P PMI & New Home Sales, 24 Apr Durable Goods Orders, 25 Apr GDP QoQ & initial jobless Claims, 26 Apr Core PCE Pri...
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Rodney Chua
commented on
Hey, mooers! Welcome back to Moomoo's Feature Challenge, where we help you master powerful tools on moomoo and take on quiz challenges to win rewards!
Looking for a way to stay ahead in the fast-paced trading world? Our "Trend Projection" feature is the answer! By analyzing comparable stocks and historical trends, moomoo helps you make informed trading decisions with precision. Join us today and unlo...
Looking for a way to stay ahead in the fast-paced trading world? Our "Trend Projection" feature is the answer! By analyzing comparable stocks and historical trends, moomoo helps you make informed trading decisions with precision. Join us today and unlo...
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Rodney Chua
commented on
Hello Malaysian Mooers! We're thrilled to announce that moomoo has quickly surpassed the incredible milestone of 100,000 clients in just six weeks since launch!
Thanks to your enthusiasm, we're now the most downloaded financial app in Malaysia, changing the way Malaysians interact with the financial markets.
This isn't just a win; it's a revolution in digital investment solutions, and you're a huge part of this success! Don't...
Thanks to your enthusiasm, we're now the most downloaded financial app in Malaysia, changing the way Malaysians interact with the financial markets.
This isn't just a win; it's a revolution in digital investment solutions, and you're a huge part of this success! Don't...
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Rodney Chua
voted
Tesla is releasing its Q1 2024 earnings after the market closes on April 23.
Since its Q4 earnings release, shares of $Tesla(TSLA.US$ have seen a decrease of 29%. Overall earnings estimates have been revised lower since the company's last earnings release. How will the market react to the upcoming results? Make your guess now!
Rewards
● An equal share of 5,000 points: For mooers who correctly guess the price range ...
Since its Q4 earnings release, shares of $Tesla(TSLA.US$ have seen a decrease of 29%. Overall earnings estimates have been revised lower since the company's last earnings release. How will the market react to the upcoming results? Make your guess now!
Rewards
● An equal share of 5,000 points: For mooers who correctly guess the price range ...
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Rodney Chua
commented on
Rodney Chua
voted
Hello, Singapore mooers! 🎉
Today marks an extraordinary milestone for us - you can now officially trade Japanese stocks on moomoo!
Dive into the dynamic world of the Japanese stock market and expand your investment horizon. Embrace this new adventure with us and explore endless possibilities!
📊 How to Trade Japanese Stocks on moomoo?
1. Trading hours
• Morning session: 9:00 am-11:30 am JST (Singapore time: 8:00 am-10:30 a...
Today marks an extraordinary milestone for us - you can now officially trade Japanese stocks on moomoo!
Dive into the dynamic world of the Japanese stock market and expand your investment horizon. Embrace this new adventure with us and explore endless possibilities!
📊 How to Trade Japanese Stocks on moomoo?
1. Trading hours
• Morning session: 9:00 am-11:30 am JST (Singapore time: 8:00 am-10:30 a...
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Rodney Chua
voted
Hi, Singapore mooers. You're invited to dive into our daily quiz!
Let's boost the knowledge about trading in Japan. Earn points by answering correctly!
Today's Question
🏆 Score 10 points for the right answer!
🗓Duration: From 11:59 AM, Apr 16th, 2024, to 11:59 AM Apr 18th, 2024
Why do we start this topic about the Japanese stock market? We will reveal the answer on Apr 18th! Before that, we will have a daily quiz every day!
Stay tuned for more que...
Let's boost the knowledge about trading in Japan. Earn points by answering correctly!
Today's Question
🏆 Score 10 points for the right answer!
🗓Duration: From 11:59 AM, Apr 16th, 2024, to 11:59 AM Apr 18th, 2024
Why do we start this topic about the Japanese stock market? We will reveal the answer on Apr 18th! Before that, we will have a daily quiz every day!
Stay tuned for more que...
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Rodney Chua : Great!