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$SIMEPROP(5288.MY$
The contribution to industrial development increased sharply, driving the net profit of the Sennami industry to surged 1.03 times year-on-year to RM123,582,000 in the first quarter of fiscal year 2024.
First-quarter turnover increased by 42.81% per year to RM98,691,000.
Managing director Dato' Azmi Maliken said that the company's overall performance exceeded expectations. This is also a strong performance due to the effectiveness of diversified products and revenue trajectory strategies.
At the same time, he pointed out that the industrial development fund created by the company and LOGOS, a leading logistics industry expert in the Asia-Pacific region, has come to an end, and the commitment of a total capital of RM1 billion highlights the confidence of the industry and foreign investors in the project.
This fund mainly focuses on investment in Klang Bukit Rajah City and development of high-quality industrial and logistics industry assets. ,
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. 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.
The contribution to industrial development increased sharply, driving the net profit of the Sennami industry to surged 1.03 times year-on-year to RM123,582,000 in the first quarter of fiscal year 2024.
First-quarter turnover increased by 42.81% per year to RM98,691,000.
Managing director Dato' Azmi Maliken said that the company's overall performance exceeded expectations. This is also a strong performance due to the effectiveness of diversified products and revenue trajectory strategies.
At the same time, he pointed out that the industrial development fund created by the company and LOGOS, a leading logistics industry expert in the Asia-Pacific region, has come to an end, and the commitment of a total capital of RM1 billion highlights the confidence of the industry and foreign investors in the project.
This fund mainly focuses on investment in Klang Bukit Rajah City and development of high-quality industrial and logistics industry assets. ,
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. 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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$SPDR S&P 500 ETF(SPY.US$
needs to break and stay above 525.63/527.02 (526.32 is the key price that needs to stay above) we could see this test 527.60, 528.90/529.88 and that weekly 531.52+. Break below that weekly 525.63/527.02 we could test 524.38/524.72, 521.48/521.93, 519.56/520.55
needs to break and stay above 525.63/527.02 (526.32 is the key price that needs to stay above) we could see this test 527.60, 528.90/529.88 and that weekly 531.52+. Break below that weekly 525.63/527.02 we could test 524.38/524.72, 521.48/521.93, 519.56/520.55
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$Citius Pharmaceuticals(CTXR.US$
Bullish Scenario: If the price sustains above $0.70 and breaks through $0.85, it could retest the $1.00 resistance. A move above $1.076 could trigger further buying, potentially driving the price towards $1.20.
Bullish Scenario: If the price sustains above $0.70 and breaks through $0.85, it could retest the $1.00 resistance. A move above $1.076 could trigger further buying, potentially driving the price towards $1.20.
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GENTING Genting- I'm guessing the upcoming earnings announcement are...
$GENTING(3182.MY$
GENTING Genting- I'm guessing the upcoming earnings announcement are...
Potential stocks shared recently-
MBSB from 0.81 to 0.95
OPENSYS from 0.41 to 0.45
MRCB from 0.71 to 0.735
SNS from 0.47 to 0.525
Join the Double Swords WhatsApp VIP Group for free, plus other benefits!
Details are below.
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If you used someone else's link to register and open an account, but haven't made a deposit, you can also get the free Double Sword bonus!
Existing users, deposit RM1000 for the first time
Before making a deposit, please click my link to sign in and then make a deposit
click my link https://j.moomoo.com/00JovR
Once the page opens, sign in (be sure to sign in)
Then deposit RM1000 within 2 hours
If it takes more than 2 hours, repeat the steps above
Fill out the Google Form https://forms.gle/mELpDxWkPfT8BTqo9 again
Wait 2-...
$GENTING(3182.MY$
GENTING Genting- I'm guessing the upcoming earnings announcement are...
Potential stocks shared recently-
MBSB from 0.81 to 0.95
OPENSYS from 0.41 to 0.45
MRCB from 0.71 to 0.735
SNS from 0.47 to 0.525
Join the Double Swords WhatsApp VIP Group for free, plus other benefits!
Details are below.
=============
If you used someone else's link to register and open an account, but haven't made a deposit, you can also get the free Double Sword bonus!
Existing users, deposit RM1000 for the first time
Before making a deposit, please click my link to sign in and then make a deposit
click my link https://j.moomoo.com/00JovR
Once the page opens, sign in (be sure to sign in)
Then deposit RM1000 within 2 hours
If it takes more than 2 hours, repeat the steps above
Fill out the Google Form https://forms.gle/mELpDxWkPfT8BTqo9 again
Wait 2-...
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From YouTube
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$MPI(3867.MY$ Financial indicators
• Revenue: Revenue for the quarter was RM526.1 mil, up from RM471.9 mil in the same period last year.
• Net Profit: Net profit for the quarter was RM32.8 mil, up 282.7% year over year.
• Revenue: Basically flat year over year. The weak performance in Asia (-3.6%) and Europe (-4.1%) was completely offset by significant growth in the US market (+18%).
Quarterly performance
• Q3FY24 revenue: A slight increase of 0.6% compared to the previous quarter.
• Q3FY24 net profit: A slight increase of 1.9% compared to the previous quarter.
• Challenge: Affected by planned factory shutdowns during the Chinese New Year and one-time layoff costs associated with closing the loss-making leadframe business.
Market and operational insights
• Regional performance:
• Asia: Contributed to 51% of total revenue, but revenue declined by 3.6%.
• Europe: Contributed 28% of total revenue, but revenue declined 4.1%.
• US: Contributed 21% of total revenue and increased revenue by 18%.
• Operational improvements: The Suzhou plant achieved break-even starting with 2QFY24, stopped the loss-making lead frame business, and increased profitability.
Prospects for the future
• 4QFY24 Expectations:
• No one-time severance payments are expected...
• Revenue: Revenue for the quarter was RM526.1 mil, up from RM471.9 mil in the same period last year.
• Net Profit: Net profit for the quarter was RM32.8 mil, up 282.7% year over year.
• Revenue: Basically flat year over year. The weak performance in Asia (-3.6%) and Europe (-4.1%) was completely offset by significant growth in the US market (+18%).
Quarterly performance
• Q3FY24 revenue: A slight increase of 0.6% compared to the previous quarter.
• Q3FY24 net profit: A slight increase of 1.9% compared to the previous quarter.
• Challenge: Affected by planned factory shutdowns during the Chinese New Year and one-time layoff costs associated with closing the loss-making leadframe business.
Market and operational insights
• Regional performance:
• Asia: Contributed to 51% of total revenue, but revenue declined by 3.6%.
• Europe: Contributed 28% of total revenue, but revenue declined 4.1%.
• US: Contributed 21% of total revenue and increased revenue by 18%.
• Operational improvements: The Suzhou plant achieved break-even starting with 2QFY24, stopped the loss-making lead frame business, and increased profitability.
Prospects for the future
• 4QFY24 Expectations:
• No one-time severance payments are expected...
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$Faraday Future Intelligent Electric Inc.(FFIE.US$
keep holding and keep buying. u can see how fast it goes up when resume trade. nothing to worryabout
keep holding and keep buying. u can see how fast it goes up when resume trade. nothing to worryabout
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