As a global EV leader, China has far surpassed other countries in terms of both sales and export ratio, and the entire ecosystem is already very mature. More and more car manufacturers are seizing this piece of cake. The imbalance between supply and demand is getting bigger. The Chinese EV market is already facing a “never-ending” wave of price cuts
Among them, Tesla took the lead in announcing price cuts in 2022 in order to stabilize its market position, causing a chain effect of “price cuts”. As the biggest competitor, BYD also completely lowered prices soon after. Other major brands such as Ideal, SAIC, NIO, and Chery responded. This has triggered wave after wave of “price reduction waves”, forming the internal phenomenon seen so far
In order to stand out from the harsh competitive environment, the price cuts made by some car manufacturers are even more dumbfounded. With the attitude of “I would rather lose or not lose”, they quickly run out of breath when beating other peers. The entire field is already heating up, and everyone is leaving China one after another, so where will the next battleground be? Southeast Asia
Due to the impact of the price war, EVs of various brands are becoming more and more affordable, and consumers in emerging markets are becoming more and more accepting of EVs. For example, Thailand, Indonesia, the Philippines, and Malaysia have all “doubled” in the past few years. Not only dealers, but the supply chain required for the EV ecosystem, such as cables, electricity, distribution systems, charging piles, and battery replacement, will continue to benefit. With the help of the government actively promoting energy transformation, I believe more companies will seize this egg in the future...

A financial product that has been discussed a lot recently is cryptocurrency. Since the US Regulatory Authority approved the Bitcoin ETF, the cryptocurrency market has received great attention. Bitcoin took the lead in breaking through the low point of the past two years, and has broken through a new high since its introduction all the way north. It has also driven the atmosphere of the entire coin industry and moved towards a new round of big bull market
Coupled with market predictions that Bitcoin will soon be cut in half this year, there has been an astonishing turnover in the past few days. The market capitalization once surpassed 1.4 trillion dollars. What is the concept? Equivalent to the market value of half Apple, 1 Meta, or 2 and a half Tesla, worthy of being the boss in the coin industry
More and more analysts are optimistic about the growth of the coin industry, and even boldly predict that Bitcoin will break through 100,000 US dollars. At that time, the market value of the entire coin industry will exceed 4 trillion US dollars. No wonder more and more young people will choose the cryptocurrency market over the stock market
However, I would like to remind everyone that any investment is inseparable from the principle that the higher the expected return, the greater the risk you have to take! In particular, cryptocurrency trading fluctuates a lot, and if you are careless, your position will burst out, so be sure to do your homework before entering the market and don't easily trust market rumors. As more and more people discuss one thing, you know that someone will leave the market
I'm Vycon, an investor who takes you seriously to learn about stocks. I like this post and don't forget to leave a comment and like

Affected by the expectations of the Federal Reserve meeting, the Malaysian currency depreciated once again and fell below a new low since the 1998 financial turmoil. The exchange rate for the Singapore dollar continued to hit new lows. Our compatriots on the other side are laughing and working, yet the money we earn continues to depreciate. No wonder there are more and more voices of dissatisfaction
However, foreign investors entered the Malaysian stock market in large numbers at this time. According to trading records for the past 20 days, foreign investors made a total net purchase of MYR 1.4 billion, while maintaining a buying status since the opening of the market in February. They seem very confident about the Malaysian stock market. Coupled with topics such as Johor, high-speed rail, Sarawak, and big data appearing one after another, many related companies have risen quite a bit, and some have even doubled several times
Following the trend, the Malaysian Composite Index broke through a 1-year high. It can be said that it has officially entered the “Maverick Market” state. Investors who have been able to hold from last year to today have definitely made quite a bit of money
In fact, there are business opportunities behind every crisis. For example, the depreciation of the Malaysian currency actually favors the recovery of tourism. For example, Malaysia Airport, Genting, and Genting Malaysia have also silently broken through 1-year highs
It depends on who knows how to seize opportunities and get the benefits they deserve. I also believe that learning to look at everything optimistically will definitely be quite rewarding in the future
Here, too, I wish everyone a breakthrough in Maverick Market. Happy New Year of the Dragon

According to the latest exchange rate settlement, the Malaysian currency to the US dollar reached RM 1:4.79, continuing to fall below the new low level in 25 years. At one point, the exchange for the Singapore dollar also broke through RM 1:3.50, which is a record high. The most important factor is the heating up of global geopolitics, the release of more hawkish news by the Federal Reserve, and the fact that the Bank of China has no intention of interfering in the foreign exchange market. As a result, most listed companies have declined over the past few days. The sentiment is very pessimistic.
However, some sectors will continue to benefit from the depreciation of the Malaysian currency, such as the manufacturing, energy, and technology industries. Most companies in these sectors use the US dollar for trade settlement. Every time the Malaysian currency weakens, these companies' foreign exchange surpluses rise, so there is often a decline in turnover and breakthroughs in profit growth
The most typical example is semiconductor companies, especially those with a high percentage of European and American customers. Most of their sales are settled in US dollars. As long as demand slows down and gradually improves, then net profit in the second half of the year will have some room for growth, which will help re-stimulate the return of capital to the technology sector and boost investors' confidence
The bigger the crisis, the more opportunities will emerge. Follow me to take back control of the Malaysian stock market

On 12/10 (yesterday), Myairline announced that it would take off and be grounded without warning until further notice. As a result, a large number of passengers flew in vain, and as many as 21 flights were affected. The management issued a statement of deep apologies for this.
This Malaysian low-cost airline was founded in 2022 and officially launched in November of the same year. It initially provided major domestic routes, expanded routes to Thailand on June 28, 2023, and officially went international. Up to the latest record, it has a total of 600 employees, including 100 pilots on duty
Just three days before the flight was grounded, CEO Zhang Qingfu announced his resignation due to health issues. As early as in an interview in early April this year, he stated that the group intended to go public within the next few years and launch several international routes one after another, including Singapore, Thailand, and Indonesia. However, it was reported soon after that the group was in a financial crisis and was unable to pay salaries for several months. Coupled with the departure of the leaders, it was not surprising
In addition to the Malaysian Aviation Commission, many rivals Airasia, Malaysia Airlines, and Buddy Air have lent a helping hand, reducing the prices of many domestic routes and providing assistance to affected passengers. As MyAirline announced the suspension of services, AirAsia X and CAPITAL A's stock prices rose in response. Once regarded by the market as the biggest threat to AirAsia, they are now the main beneficiaries. It is expected that most passengers will switch to their flights one after another, leaving no one to admire the persistence and perseverance of AirAsia Chairman Tony and his management
Follow me and I'll take you back to control...

Evergreen Max Cash, founded in 2012, is a pawnshop group with 22 branches, mainly in central West Malaysia. The Group has three major businesses: pawnbroking, trading, and consulting and IT services
Pawning, as the name suggests, means that customers use valuable items as collateral in exchange for a short period of cash flow, and must also pay interest on a monthly basis. Trade, on the other hand, is when the customer is unable to repay interest, or directly defaults on the contract... The pawnshop has the right to trade the item through a third-party platform to protect its own interests and obtain a one-time profit from it. In addition, the Group also provides consulting and IT solutions to third party partners, including pawnshop establishment, employee training, operation support, etc., to earn sustainable profits through monthly fees
Since the business requires a large amount of cash reserves, after listing, the group will use 46.7% of the capital raised, or 30m, for working capital, and another 31% for opening 5 new pawnshop branches. As of 2022, Emcc's pawnshops account for 3.3% of the Malaysian market. With the progress of traditional industries, pawnbroking processes are becoming more and more simplified, and customers have more financing options, so the industry still has a lot of room to grow. Like PPJack, another recently listed peer, has delivered excellent results for many consecutive quarters, followed by a rise of at least 300% in stock prices. Its unique business has made investors willing to give a higher valuation level
EMCC is no exception. It has risen nearly 80% since its launch, and it is expected...

Happy Maulid Nabi Muhammad SAW. May there be goodness, joy, and positivity surrounding you.

Established in 1985, Ekovest is an integrated infrastructure developer, covering civil engineering, construction contracting, project management, and catering business. It has participated in large-scale development projects such as KLIA, CNPC Twin Peak Tower, UMS, UTHM, and Danga Bay. The founder, Tan Sri Ling Ganghe, is also the main director of Iwcity, Pls, and Knusfor, and is collectively known by the market as the “Lin Ganghe Concept Stock”
Since receiving the order from Duke Avenue, the Group's performance has advanced by leaps and bounds, and has continued to set new records since listing in 2015. A number of large-scale development projects were promoted during the administration of the sixth Prime Minister Dato' Serinaghi, and Ekovest is one of these projects. Xinrou Express is the main contractor of Xinrou Express and a potential partner of the Longxin High Speed Rail. Another sister company, Iwcity, was a major participant in the Malaysia City Plan. These two companies can be said to be the big winners at the time
Later, due to the change of government, projects were shelved or cancelled one after another. Coupled with the double impact of the pandemic, performance and stock prices fell into a slump. Policy is the biggest key to China's infrastructure development. With the stabilization of the Anwar administration, the market is expecting more development provisions in the 2024 financial plan, including the restart of large-scale projects, so as to speed up the recovery of the infrastructure sector and drive the development of the domestic economy
As a result, many representatives expressed their optimism in advance, and stock prices broke through new highs throughout the year, including Ekovest. Assuming the Longxin High Speed Rail restarts as desired, you will invest...

Uem Sunrise is a comprehensive real estate developer with business in Malaysia, Australia, South Africa and other countries. So far, it has developed more than 50 projects, mainly in the Kuala Lumpur and Johor Bahru areas. Recently, it was announced that it has teamed up with Australian developer Greystar to jointly develop a BTR real estate project in Melbourne. The estimated development value is RM800 million
Since acquiring many parcels of land in Iskandar, Uems has the largest land inventory in Johor and is also a major developer of the Johor Special Economic Zone. As of the latest record, Uems has 8,533 acres of reserve land, making it the second-largest real estate company in Malaysia, while the Johor area accounts for 92%, the highest among its peers
As the Malaysian government paid more and more attention to the development of the relevant area, in line with the restart expectations of the Xinlong High Speed Rail, Uems received great attention from the market. The stock price continued to break through new highs since the epidemic, rebounded by nearly 500% from the bottom, and the market capitalization returned to the top three, fully reflecting the optimistic expectations of Uems's earnings from the restart of large-scale projects
The continuous influx of capital has also brought the real estate sector quickly out of the slump over the years, and Uems is definitely the biggest hero among them
Follow me to take back control of the Malaysian stock market

1. Buy only net cash companies
The debt ratio of most companies will increase as needed for development, so they must repay more interest. Once future earnings are not as good as expected, the company must be under greater pressure to repay debts. The recent Evergrande and Country Garden incidents are a typical example
Companies with healthy cash flow will develop their business relatively smoothly, even in the face of some sudden events, such as the COVID-19 pandemic causing the business to shut down. As long as you have a sufficient cash ratio, you can greatly reduce the risk of debt default and return to the pace of recovery more quickly
2. Buy only reasonable valuations
The company's valuation is an expectation given by the market. For example, for glove stocks in 2020, demand surged due to the outbreak of the epidemic, market capital began to shift to the glove sector, and they were willing to buy related companies at a higher valuation level. As a result, stock prices quickly doubled several times, yet investors sought after in the later stages had ignored the suspicion that they were “overvalued”
Valuation is directly proportional to performance. The higher valuation expectations are given, the better performance will have to be handed over in the future, and once the stock price is overturned, it will be “greatly discounted.” Before entering any company, we must review the performance of the past few years, exclude one-time or short-term sources of revenue, and observe the valuation levels of other peers at the same time, so we can get an idea of whether the current valuation is in line with performance expectations and reduce our misjudgments about valuation
3. Use only “spare money” to invest
There is a famous saying from retail investors: I'd rather “break in and out” in the stock market than stay “old in the middle of nowhere”, even if it's too much...