shun shun
voted
🔥 $S&P 500 Index (.SPX.US)$ hit all time high yet again on Monday 14 Oct at 5873, while $NASDAQ 100 Index (.NDX.US)$ broke it’s previous high of 20300 to notch 20430. 🔥
While both retrace back close to 1% last night, bullish momentum is still intact. Following my previous🔮 market outlook, $NVIDIA (NVDA.US)$ $Apple (AAPL.US)$ $McDonald's (MCD.US)$ hit new highs before dragging $NASDAQ 100 Index (.NDX.US)$ $Invesco QQQ Trust (QQQ.US)$ down healthily. $Apple (AAPL.US)$ $Wells Fargo & Co (WFC.US)$ $JPMorgan (JPM.US)$ $Bank of America (BAC.US)$ good call...
While both retrace back close to 1% last night, bullish momentum is still intact. Following my previous🔮 market outlook, $NVIDIA (NVDA.US)$ $Apple (AAPL.US)$ $McDonald's (MCD.US)$ hit new highs before dragging $NASDAQ 100 Index (.NDX.US)$ $Invesco QQQ Trust (QQQ.US)$ down healthily. $Apple (AAPL.US)$ $Wells Fargo & Co (WFC.US)$ $JPMorgan (JPM.US)$ $Bank of America (BAC.US)$ good call...
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$HSI Futures(DEC4) (HSImain.HK)$ as I expected last week, this shit is going below 20,000. Still so many noobs catching falling knife, this means this index will further crash to 19,000 this month.
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shun shun
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$Hang Seng Index (800000.HK)$ Even investors' confidence cannot be boosted, still thinking about boosting consumer confidence?Investors have no money to spend, still expecting the people to lead the spending?
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$Hang Seng Index (800000.HK)$ I cut my losses. Lost a few thousands but at least I can sleep well at night now.
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shun shun
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$KAWAN (7216.MY)$
#KAWAN achieved a new record in annual sales.
#Cash is also at a high level.
In our country, most consumer stocks have entered a bottleneck in recent years due to a lack of population dividend stimulation. However, in 2023, some food consumption companies have greatly improved their revenue through acquisitions and exports.
Among them, the companies that achieved record-high revenue include F&N, OFI, HUPSENG, ABLEGLOB, APOLLO, and KAWAN. Except for KAWAN, the stock prices of the other companies have all reached a new 52-week high. The gradual decrease in raw material prices is also a major reason for the improvement in the margins and profitability of these companies.
KAWAN is a well-known frozen food company. In 23Q3, it had a one-time loss of nearly RM4 million, including foreign exchange losses and inventory write-offs. Assuming these are deducted, the YoY profit in Q4 can grow by more than 30%.
In the past 3 years, KAWAN's total PAT was RM100.9 million, with an average annual PAT of RM33.6 million. Due to ample production capacity and low CAPEX, the company's cash has reached new highs every year after distributing dividends. Therefore, in 2023, the company conducted a RM22.9 million Share Buy Back, equivalent to 76% of the PAT in 2023, and will continue to conduct Share Buy Back in 2024.
Regarding the outlook, the company mentioned...
#KAWAN achieved a new record in annual sales.
#Cash is also at a high level.
In our country, most consumer stocks have entered a bottleneck in recent years due to a lack of population dividend stimulation. However, in 2023, some food consumption companies have greatly improved their revenue through acquisitions and exports.
Among them, the companies that achieved record-high revenue include F&N, OFI, HUPSENG, ABLEGLOB, APOLLO, and KAWAN. Except for KAWAN, the stock prices of the other companies have all reached a new 52-week high. The gradual decrease in raw material prices is also a major reason for the improvement in the margins and profitability of these companies.
KAWAN is a well-known frozen food company. In 23Q3, it had a one-time loss of nearly RM4 million, including foreign exchange losses and inventory write-offs. Assuming these are deducted, the YoY profit in Q4 can grow by more than 30%.
In the past 3 years, KAWAN's total PAT was RM100.9 million, with an average annual PAT of RM33.6 million. Due to ample production capacity and low CAPEX, the company's cash has reached new highs every year after distributing dividends. Therefore, in 2023, the company conducted a RM22.9 million Share Buy Back, equivalent to 76% of the PAT in 2023, and will continue to conduct Share Buy Back in 2024.
Regarding the outlook, the company mentioned...
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shun shun
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Hey, mooers!
Last week saw a strange situation where Tesla underperformed but the stock skyrocketed and Meta did very well but the stock plummeted.
We were impressed by the insights offered by mooers in posts and comments. Here, we've selected some quality shares from our community. Enjoy your snacks!
*Every mooers listed below will receive 500 points for their contributions to the community.
Tesla soared:
@ZnWC: Mainstream media will only focu...
Last week saw a strange situation where Tesla underperformed but the stock skyrocketed and Meta did very well but the stock plummeted.
We were impressed by the insights offered by mooers in posts and comments. Here, we've selected some quality shares from our community. Enjoy your snacks!
*Every mooers listed below will receive 500 points for their contributions to the community.
Tesla soared:
@ZnWC: Mainstream media will only focu...
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shun shun
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I’ve made a review on moomoo Malaysia - check it out below!
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Moomoo Malaysia just launched, and they are:
✅ Licensed by SC Malaysia
✅ Cheapest in Malaysia
✅ Offers US & Bursa stocks
✅ Shariah compliance filter
✅ Easy funding
Btw, by simply signing up and deposit, you get to enjoy up to RM 1000 rewards!
💵 RM 100 cash rewards when you deposit RM 500
💵💵RM 100 cash rewards + FREE ONE APPLE STOCK when you deposit RM 8000🟠
Link to sign up >> https://j.moomoo.com/00JowE
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