Maybank IB Research and CGS-CIMB Research voice concerns over Lotte Chemical's FY24 financial performance, citing high cost pressures, stagnant product prices, and escalating debt. They also warn of potential cash losses for the company's new project in Indonesia amidst challenging market dynamics.
Good Day mooers! Welcome to StockTalk: Daily, Insightfully, Rewardingly! [Rewards awaiting] 8 points for all mooers who participated in the poll below. 88 points for mooers who share their insightful ideas by commenting down. $乐天集团(4755.JP)$'s shares experienced a surge on Monday morning following the company's report of narrowing losses in its mobile unit and assurances regarding its debt c...
imo rakuten trade now the biggest broker in Malaysia so face the bright future
Rakuten, Inc. has more than 70 services operating via the three segments: Internet Services, FinTech, and Mobile. It is often referred to as the "Amazon of Japan". It is a Japanese technology conglomerate based in Tokyo, founded by Hiroshi Mikitani in 1997. In 2023, Rakuten partnered with Supermicro on high-performing Open RAN technologies and storage systems for operators of cloud-based mobile services. With a market cap of USD 8.54 (August 2023), the company is trying to turnaround the company mobile offering by consolidating and reducing debt. Personally I think we need more data ses if the company is developing positively.
Rakuten, used to use their services before they decided to region lock IP addresses and lock out potential customers since then have nv touch their services, lost faith & trust on the company