FPSD
liked
after reading the early release from the 26th I don’t see the market responding well …. I am buying some put s to cover my ass in case all my calls, go to shit
3
FPSD
liked
15
9
FPSD
liked
FPSD
liked
When you entered at the wrong instance and realised that you bought high. What do you do?
1. Don’t panic. Be rational.
2. (If you have set stop loss, move on to the next trade.) As I didn’t want to sell at a loss for this stock $NVIDIA(NVDA.US$ a few stategies can be employed.
3. Hold more Stocks- Buy the dip, if you went top heavy like me. Buy the dip won’t help much. But does lower the cost slightly. (I did this)
4. Options: Buy a PUT option. Do this early it y...
1. Don’t panic. Be rational.
2. (If you have set stop loss, move on to the next trade.) As I didn’t want to sell at a loss for this stock $NVIDIA(NVDA.US$ a few stategies can be employed.
3. Hold more Stocks- Buy the dip, if you went top heavy like me. Buy the dip won’t help much. But does lower the cost slightly. (I did this)
4. Options: Buy a PUT option. Do this early it y...
+2
19
5
FPSD
liked
$NVIDIA(NVDA.US$ we are on a new support if that happens, that is breaking point and it's not going back for sure, the more retail investor try to short the more damage they will do to themselves because banker is buying it all up
6
2
FPSD
liked
Aluminum frame manufacturer Econframe Berhad (EFRAME) announced financial results for the third quarter ended May 31, 2024 (third quarter of fiscal year 2024).
To the surprise of many, EFRAME's profit for the quarter fell to RM1.47 million, while revenue was RM24.94 million. Why is that?
Let's take a deep dive into their financial performance.
In the current quarter, EFRAME's revenue was RM24.94 million, up about 27.0% from the third quarter of fiscal year 2023. This increase was mainly due to an increase of RM3.73 million in revenue from the manufacturing sector, which is commendable.
In terms of profit by sector, the profit from the EFRAME manufacturing business was RM6.59 million, and the profit from the trading business was RM0.9 million, an overall increase of 18.0% over the same period last year.
In other words, EFRAME's performance has indeed improved compared to the third quarter of fiscal year 2023.
However, the increase was affected by amortization of intangible assets, amounting to RM2.99 million, which was generated according to MFRS3: “Business Merger”. This was mainly due to the acquisition of 70.0% of Lee & Yong Aluminium Sdn Bhd (LYASB) shares.
For readers with a non-accounting background, amortization of a business acquisition is like buying an asset; its cost needs to be amortized over its useful life (same as depreciation). This...
To the surprise of many, EFRAME's profit for the quarter fell to RM1.47 million, while revenue was RM24.94 million. Why is that?
Let's take a deep dive into their financial performance.
In the current quarter, EFRAME's revenue was RM24.94 million, up about 27.0% from the third quarter of fiscal year 2023. This increase was mainly due to an increase of RM3.73 million in revenue from the manufacturing sector, which is commendable.
In terms of profit by sector, the profit from the EFRAME manufacturing business was RM6.59 million, and the profit from the trading business was RM0.9 million, an overall increase of 18.0% over the same period last year.
In other words, EFRAME's performance has indeed improved compared to the third quarter of fiscal year 2023.
However, the increase was affected by amortization of intangible assets, amounting to RM2.99 million, which was generated according to MFRS3: “Business Merger”. This was mainly due to the acquisition of 70.0% of Lee & Yong Aluminium Sdn Bhd (LYASB) shares.
For readers with a non-accounting background, amortization of a business acquisition is like buying an asset; its cost needs to be amortized over its useful life (same as depreciation). This...
Translated
9
FPSD
liked
$BGF World Gold Fund(LU0368265764.MF$ how isit only a .53% gain when the stocks they put in has like 2% gain average😂 i swear we not getting what we subscribed for, and when its a loss, it loses big , stocks loses 2% this fund loses 4% 😂 whata joke individually putting ourselves gota be better
26
1
FPSD
liked
$NIO Inc(NIO.US$
Nio shared its latest research and development results at the Nio IN 2024 Tech Day event today, revealing where the company's R&D investments are being spent.
The electric vehicle (EV) maker unveiled progress on its autonomous driving chip, officially launched its SkyOS vehicle operating system, and launched its second-generation Nio Phone smartphone.
Nio's Shenji NX9031 autonomous driving chip, the industr...
Nio shared its latest research and development results at the Nio IN 2024 Tech Day event today, revealing where the company's R&D investments are being spent.
The electric vehicle (EV) maker unveiled progress on its autonomous driving chip, officially launched its SkyOS vehicle operating system, and launched its second-generation Nio Phone smartphone.
Nio's Shenji NX9031 autonomous driving chip, the industr...
10