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103774643 Private ID: 103774643
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    Hi, mooers!
    This week,   $SUNWAY (5211.BMS)$ and $IJM (3336.BMS)$ are said to report their quarterly earnings.
    Both core businesses include property development and construction, which company will satisfy the market more? Make your prediction to grab point rewards!
    Rewards
    ● An equal share of 5,000 points: For mooers who correctly guessed the winner who makes the biggest % gains in intraday trading this week (e.g., If 50 mooers make a corr...
    Sunway vs. IJM: Guess the market winner for earnings week!
    Sunway vs. IJM: Guess the market winner for earnings week!
    Sunway vs. IJM: Guess the market winner for earnings week!
    6
    Another major international investment bank is optimistic about the prospects of China's stock market. Japan's Nomura Securities believes that investors should reduce their holdings of Chinese stocks and invest in the Malaysian and Indonesian stock markets instead.
    According to a recent report by analysts at Nomura Securities, including Chetansett and others, the Malaysian and Indonesian stock markets are expected to benefit from the accelerated trend of US interest rate cuts, which is one of the reasons why the two countries' stock market ratings were upgraded from “neutral” to “increase in holdings.”
    Nomura Securities also downgraded the MSCI China Index (MSCI China) rating from “increase in holdings” to “neutral.”
    “Now is the time to enter the ASEAN stock market in a big way. In a scenario where the Federal Reserve is about to cut interest rates and investors are rekindling buying and selling in emerging markets, investing in the Indonesian stock market is probably the best bet.”
    Last week, Federal Reserve Chairman Powell issued a clear signal to the outside world that interest rates will be cut starting in September.
    Bloomberg pointed out that before Nomura Securities upgraded the Malaysian and Indonesian stock market ratings, foreign interest in the two countries' stock markets had already risen, and foreign capital inflows were recorded for two consecutive months.
    “Investors have reason to take Nomura Securities reviews seriously. In December of last year, they raised Taiwan's stock market, and the Taiwan Weighted Index has risen 25% this year. The MSCI Asia Pacific Index rose 9.8% during the same period.”
    Prior to Nomura Securities, there were actually quite a few internationally renowned investment banks or financial media, including J.P. Morgan Chase, Goldman Sachs, and Forbes, which were optimistic about the prospects of the Malaysian market.
    $FTSE Taiwan50 Index (.FTTW50.GI)$
    ...
    Translated
    Malaysian stocks have been favored by international investment banks. Nomura: “Let's go big into ASEAN”
    Malaysian stocks have been favored by international investment banks. Nomura: “Let's go big into ASEAN”
    Malaysian stocks have been favored by international investment banks. Nomura: “Let's go big into ASEAN”
    5
    $Tesla (TSLA.US)$ is set to hold its annual shareholder meeting on June 13, with investors voting on whether to reapprove CEO Elon Musk's $55.8 billion pay package. The AGM outcome could affect Tesla's future trajectory and reveal shareholder sentiments on crucial governance matters. How will TSLA's annual meeting results drive its share price?  Make your guess now!
    Rewards
    ● An equal share of 10,000 points: For mooers ...
    Tesla's 2024 annual meeting: Grab rewards by guessing the opening price!
    Tesla's 2024 annual meeting: Grab rewards by guessing the opening price!
    363
    $SCABLE (5170.BMS)$
    PN17's Sarawak Cable (SCABLE, 5170, Motherboard Industrial Co., Ltd.) was unable to reach an agreement with White Samurai, and the rescue plan came to an end. The stock price once fell by nearly 26%, but at the end of the day it ushered in a major reversal, rising 3.23%.
    Perhaps investors are happy to see the agreement come to an end, which may attract better white warriors and cause everyone to enter the tray.
    Or maybe large investors intend to sell off stocks and buy large sums of money at the end of the day to get out of the way. This is unknown.
    The company announced yesterday on the Malaysian Exchange that it was unable to agree with White Warrior Serendib Capital on the exclusive corporate relationship stipulated by the two parties at the end of 2023.
    Earlier, Sarawak Cable confirmed that the British investment agency Serendib Capital will be the white samurai to save the company and inject RM250 million to get the company back on track.
    The news of the rescue once caused the stock to soar to a maximum of 48 cents, but since then, amid intense fluctuations, the stock price has already slipped.
    Source: Nanyang Siang Pao
    Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. The reader shall bear any risk and responsibility arising from reliance on this content. Always conduct your own independent research and evaluation and consult professional advice if necessary before making any investment decisions. The author and related participants are not responsible for any loss or damage resulting from the use or reliance on the information contained in this article.
    Translated
    $GENTING (3182.BMS)$
    As the domestic tourism industry continues to recover, Hong Leong Investment Bank believes that Genting, which is currently undervalued, is one of the main beneficiaries and deserves investors' attention.
    Hong Leong Investment Bank analysts pointed out that they are in Genting Malaysia, respectively $GENM (4715.BMS)$and Genting Singapore $Genting Sing (G13.SG)$Genting, which has a strategic stake, can benefit from the recovery of tourism in Malaysia and New Zealand.
    The following are the company's range buying points, short-term upward targets, and stop-loss points.
    $GENTING (3182.BMS)$
    Source: Nanyang Siang Pao
    Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. The reader shall bear any risk and responsibility arising from reliance on this content. Always conduct your own independent research and evaluation and consult professional advice if necessary before making any investment decisions. The author and related participants are not responsible for any loss or damage resulting from the use or reliance on the information contained in this article.
    Translated
    Is Genting seriously undervalued?
    Is Genting seriously undervalued?
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