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    $KOPI (0338.MY)$ Congratulations to friends who have bought IPO-KOPI, may your bowl be full! Have a prosperous year full of wealth and growth! 🧧💰📈
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    $YTL (4677.MY)$ Have your dividends been paid out?
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    Morning, mooers!
    This week, $MAYBANK (1155.MY)$ (11/26) and $PBBANK (1295.MY)$ (11/27) are said to report their quarterly earnings. After the recent pullback, investors are focusing on the performance of these two local banking giants. Who will be the winner of earnings week? Make your choice and grab some point rewards!
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    ● An equal share of 5,000 points: For mooers who correctly guessed the winner who makes the biggest % gains in...
    MAYBANK vs. PBB: Who will be the winner of earnings week?
    MAYBANK vs. PBB: Who will be the winner of earnings week?
    MAYBANK vs. PBB: Who will be the winner of earnings week?
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    (Kuala Lumpur, 17th news) The US imposes higher tariffs on Chinese gloves than expected, stimulating a surge in local glove stocks, among which the most favored by the market. $HARTA (5168.MY)$ Harta (HARTA, 5168, main board health care stock) is also at the limit up!
    Industrial Investment Bank's research report today states that the United States has confirmed a substantial increase in commodity tariffs on China, with the tariff rate for gloves set to increase to 50% from 2025 and further increase to 100% in 2026.
    Analysts believe that the punitive measures against China by the United States will bring significant spill-over effects for Malaysian glove manufacturers, and the average selling price of Chinese gloves may exceed Malaysia's as early as next year.
    Previously, the proposed import tariff on Chinese gloves by the United States is set to increase to 25% in 2026, which is much lower than the current adjustment level.
    Analysts further said that this could lead to an average selling price of Chinese gloves rising from the current $17 to $25.50 in 2025, or even $34 in 2026.
    Therefore, this will bring price advantages to Malaysian glove manufacturers, as the comprehensive average selling price of industry players is only between 20 to 21 US dollars."
    As a result, analysts do not rule out the possibility that Chinese operators may consider expanding into overseas markets to avoid high tariffs.
    However, we believe that this expansion will cause Chinese operators to lose their cost competitiveness, as they cannot achieve cost savings through coal production overseas.
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    US Raises Higher Tariffs on China, Malaysian Glove Stocks Soar on News
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    $SPSETIA (8664.MY)$
    It takes more than half a year to go from a small-cap stock to a high level of 1.7+.
    And it only takes less than a month to go from a high position to a low position in speculative stocks.
    How many people are trapped at high positions?
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    Malaysia's GDP in the second quarter of 2024 grew by 5.9% year-on-year, the strongest growth rate since the end of 2022, and the full year growth is expected to be close to 5%.
    Datuk Abdullasim, Governor of Bank Negara Malaysia, pointed out at a press conference today that the second quarter economic growth accelerated, thanks to a good labor market and increased policy support, which led to an increase in household spending and improved exports.
    With the strengthening of growth momentum, Bank Negara Malaysia still maintains its original forecast of 4% to 5% annual growth, but Abdullasim said that the final growth rate is expected to be close to 5%.
    Under the support of stable domestic demand, strong investment activity, and improved export performance, we believe that Malaysia's GDP growth rate this year will fall in the upper end of the 4% to 5% range.
    He added that various indicators show that the country's economic growth prospects can continue into the second half of the year, such as further recovery of global orders driving export performance, issuance of more projects, and improved business confidence.
    As for whether to consider adjusting the growth forecast, Abdullah said it depends on the announcement of the latest fiscal budget.
    In any case, domestic demand remains cautious about potential downward risks to growth, including lower-than-expected external demand, escalated geopolitical conflicts, and lower-than-expected production of commodities in our country.
    In the second quarter, private consumption increased by 6% year-on-year, higher than the 4.7% in the first quarter; private investment also increased by 12% year-on-year, compared to a growth rate of only 9.2% in the first quarter.
    Net exports turned from an increase to a decline in the second quarter, from the first...
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    Malaysia's Q2 GDP grew strongly by 5.9%, with annual growth expected to approach 5%. (2)
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