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Look at industry developments and trends, then analyze the company's fundamentals and recent situation, and then refer to the trading volume and date of options changes.
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After repeated delays, $Faraday Future Intelligent Electric Inc.(FFIE.US$ finally released its annual report for 2023 after the U.S. stock market closed on May 28th, local time. According to the data, Faraday Future’s total revenue for the year 2023 was only $800,000, with a net loss of $432 million.
During the earnings call and in subsequent recordings, the company's senior management pessimistically stated th...
After repeated delays, $Faraday Future Intelligent Electric Inc.(FFIE.US$ finally released its annual report for 2023 after the U.S. stock market closed on May 28th, local time. According to the data, Faraday Future’s total revenue for the year 2023 was only $800,000, with a net loss of $432 million.
During the earnings call and in subsequent recordings, the company's senior management pessimistically stated th...
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99.5 cents per share · Retained listing status Yang Zhongli Electric Power purchased all of Lianxi Holdings
Yang Zhongli Electric Power $YTLPOWR(6742.MY$ Through its subsidiary SIPP Power, it spent RM405.17,390, or 99.5 cents per share, to acquire Lianxi Holdings $RANHILL(5272.MY$ Approximately 31.42% of the shares.
Since the buyer's total shareholding ratio in Lianxi Holdings will increase to about 53.19%, this will trigger a mandatory comprehensive takeover mechanism.
Therefore, Yang Zhongli Electric Power will acquire all remaining shares from other shareholders of Lianxi Holdings at the same price of 99.5 cents per share. In any case, Yang Zhongli Electric Power intends to maintain Lianxi's listed position.
The purchase price of 99.5 cents is nearly 37% off compared to the closing price of RM1.57 on Monday.
Yang Zhongli Electric Power and Lianxi both suspended trading in early trading today to announce the above important news and resume trading at noon.
Full report:99.5 cents per share · Retained listing status Yang Zhongli Electric Power purchased all of Lianxi Holdings
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 are solely responsible for any risk and liability 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 relevant participants are concerned about any use or reliance on this article...
Yang Zhongli Electric Power $YTLPOWR(6742.MY$ Through its subsidiary SIPP Power, it spent RM405.17,390, or 99.5 cents per share, to acquire Lianxi Holdings $RANHILL(5272.MY$ Approximately 31.42% of the shares.
Since the buyer's total shareholding ratio in Lianxi Holdings will increase to about 53.19%, this will trigger a mandatory comprehensive takeover mechanism.
Therefore, Yang Zhongli Electric Power will acquire all remaining shares from other shareholders of Lianxi Holdings at the same price of 99.5 cents per share. In any case, Yang Zhongli Electric Power intends to maintain Lianxi's listed position.
The purchase price of 99.5 cents is nearly 37% off compared to the closing price of RM1.57 on Monday.
Yang Zhongli Electric Power and Lianxi both suspended trading in early trading today to announce the above important news and resume trading at noon.
Full report:99.5 cents per share · Retained listing status Yang Zhongli Electric Power purchased all of Lianxi Holdings
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 are solely responsible for any risk and liability 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 relevant participants are concerned about any use or reliance on this article...
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Nvidia's stock split will likely cause a retail buying frenzy, with its shares to trade under US$200 for the first time in 16 months.
In just over a week, the world's fastest growing mega-cap company, Nvidia will split its stock 10-to-1. So on June 7 Nvidia's $NVIDIA(NVDA.US$ shares will be the most affordable they've been...
In just over a week, the world's fastest growing mega-cap company, Nvidia will split its stock 10-to-1. So on June 7 Nvidia's $NVIDIA(NVDA.US$ shares will be the most affordable they've been...
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Evergreen Max Cash Capital (EMCC) has been enjoying a good run as it continued to rise to close at its 1-month high of 48 sen on May 24.
This was backed by higher trading volume, likely suggesting that the stock’s longer-term uptrend may have resumed.
Follow-through buying may lift prices towards the historical resistances at 54.5 sen and 56 sen next.
The counter hit a high of 56 sen from a low of 30 sen.
EMCC became...
This was backed by higher trading volume, likely suggesting that the stock’s longer-term uptrend may have resumed.
Follow-through buying may lift prices towards the historical resistances at 54.5 sen and 56 sen next.
The counter hit a high of 56 sen from a low of 30 sen.
EMCC became...
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$SIA(C6L.SG$ Every time after SIA facing crisis or encounter unforeseen issues it will always emerge even better or stronger.The best way to fly is still with SIA.Kudo to SIA the way they handle this Current issue.Speedy recovery to all the passengers and crew members.
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$QuantumScape(QS.US$ It won't be long before solid-state batteries will be available. Buy on the dips
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$SPDR S&P 500 ETF(SPY.US$
If you forgot, this weekend is Memorial Day weekend. Most people have already taken off for the long weekend already. That is why you see the extremely low trade volume. The low trade volume allows the algo more easily to influence the market. Expect most stock to close right at MM max pain this week.
If you forgot, this weekend is Memorial Day weekend. Most people have already taken off for the long weekend already. That is why you see the extremely low trade volume. The low trade volume allows the algo more easily to influence the market. Expect most stock to close right at MM max pain this week.
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