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$MRDIY (5296.BMS)$ bouncin…and i like those stocks holding MA50 in this round of correction
Volatility still at work, caution advised
Volatility still at work, caution advised
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Forbes Asia lists 11 powerful Malaysian companies under 1 billion US dollars
Forbes Asia today announced the 2024 “Top 200 Companies Under 1 billion US Dollars”. Malaysia has 11 listed companies, 2 more than 9 last year.
According to the statement, the purpose of this list is to recognize the 200 best-performing small and medium-sized listed companies in the Asia-Pacific region. They sell more than 10 million US dollars, but listed companies that are less than 1 billion US dollars.
Forbes Asia pointed out that this time the list was in no particular order. The selected companies were selected from 0.02 million companies. The selection criteria were mainly based on comprehensive ratings calculated based on debt, sales and net profit growth per share over the past 1 to 3 years, as well as the strongest average return on equity for 1 and 5 years.
“Despite geopolitical and inflationary pressures weakening the economies of parts of the Asia-Pacific region, strong domestic demand, supported by increased infrastructure spending and global trade, will drive overall growth in the region in 2023.”
The statement pointed out that the middle class, which is willing to eat out, is booming in spending. Coupled with the steady return of tourists, 21 food companies have also made the list, double that of last year.
Overall consumer spending has also made the beauty-related industry “shine” again. A total of 9 companies are on the list. However, the slowdown in the supply chain has also left semiconductors slightly inferior, down from 14 last year to 8.
The consumer sector is leading the way
Looking back at the local area, as the consumption frenzy swept through, the 11 Malaysian “pearls” that made the list also followed this trend. Of these, 7 companies were consumers...
Forbes Asia today announced the 2024 “Top 200 Companies Under 1 billion US Dollars”. Malaysia has 11 listed companies, 2 more than 9 last year.
According to the statement, the purpose of this list is to recognize the 200 best-performing small and medium-sized listed companies in the Asia-Pacific region. They sell more than 10 million US dollars, but listed companies that are less than 1 billion US dollars.
Forbes Asia pointed out that this time the list was in no particular order. The selected companies were selected from 0.02 million companies. The selection criteria were mainly based on comprehensive ratings calculated based on debt, sales and net profit growth per share over the past 1 to 3 years, as well as the strongest average return on equity for 1 and 5 years.
“Despite geopolitical and inflationary pressures weakening the economies of parts of the Asia-Pacific region, strong domestic demand, supported by increased infrastructure spending and global trade, will drive overall growth in the region in 2023.”
The statement pointed out that the middle class, which is willing to eat out, is booming in spending. Coupled with the steady return of tourists, 21 food companies have also made the list, double that of last year.
Overall consumer spending has also made the beauty-related industry “shine” again. A total of 9 companies are on the list. However, the slowdown in the supply chain has also left semiconductors slightly inferior, down from 14 last year to 8.
The consumer sector is leading the way
Looking back at the local area, as the consumption frenzy swept through, the 11 Malaysian “pearls” that made the list also followed this trend. Of these, 7 companies were consumers...
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This is obviously not normal. Asia has sold out in Europe, and Europe has sold out in America. It's no joke at all.
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$ITMAX (5309.BMS)$ showing relative strength to new ATH 🎉
my last saving grace for this round of market correction…tighternin backstop with a guaranteed profit
TGIF
my last saving grace for this round of market correction…tighternin backstop with a guaranteed profit
TGIF
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