Good morning, traders. Happy Friday, and what a Friday it is! Federal Reserve President Jerome Powell said everything short of 'we are cutting rates in September' at the Jackson Hole, WY Economic Symposium this morning. The market reacted positively, with indexes climbing right up to the shoulder of record highs.
My name is Kevin Travers; here are stories about the U.S. stock market today.
$NVIDIA (NVDA.US)$  climbed 4%, the ...

$CEB (5311.MY)$
Summary of Cape EMS Berhad Quarter Report Q2 2024:
1. Financial Position
✅ - Total assets increased from RM773,673 thousand as of 31 December 2023 to RM905,963 thousand as of 30 June 2024.
✅ - Total equity attributable to owners of the company increased from RM455,189 thousand to RM471,496 thousand.
❌ - Net assets per share attributable to owners of the company decreased from RM0.48 to RM0.46.
2. Profitability
✅ - Revenue increased in both the current quart...

$CEB (5311.MY)$I been tracking this stock since 0.55. i just enter position at 0.425. i think its good stock since the drastic drop 55% in 2 weeks is due to margin call and some fund manager not agree on the method account reporting. consider no honesty. we come back to that later. fundalmentally still intact and the potential to grow is huge. they last interim performance doesnt met expectation but expected as US market cool down and our ringgit strengthen. you can google what business they do. ...

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$Riverstone (AP4.SG)$ $Top Glove (BVA.SG)$
Although the five glove companies are mainly based in Malaysia, Riverstone chose to go public in Singapore, and TOPGLOV is also listed bilaterally in Singapore. I'm looking forward to the launch of Moo Moo's horse stock database in the future, so horse stock friends will be blessed.
Returning to the theme, after two consecutive years of decline (2021 & 2022), glove stocks blew the trumpet of counterattack in March of this year. The stock price soared until May, after which there was a two-month correction. As of today, July 12, only HARTA, Kossan, and Riverstone stock prices have risen 📈 from Year to Date.
The two glove stocks that fell this year were TOPGLOV and SUPERMX, which were the most aggressive starting with Glove 🧤 ASP in 2020. As a result, after the ebb, their path to profit recovery also became more bumpy. It is not ruled out that some customers and distributors will be inadvertently offended by the aggressive starting price. As a result, SUPERMX at this stage has dropped by more than 50% compared to before the pandemic, which is the deepest comparison of the five companies' turnover before the pandemic.
Since RIVERSTONE is not listed in Malaysia, the level of attention will be relatively low. However, as of 2023Q1, RIVERSTONE is currently the most profitable glove company in the world, earning RM46.7 miles in Q1, compared to the previous one...