$ELRIDGE (0318.MY)$ Good morning everyone, 0318 stocks give the whole world a look, I intuitively think that this stock will rise to at least 0.550 - 0.600 by the end of November, the stock market is for those who dare to love and dare to do and have foresight, if you believe in him, it will rise Sekialah Terima Kasih I am 《 JK 》

$ELRIDGE (0318.MY)$ if everyone is selling then who’s buying? 🤔🫢

$ELRIDGE (0318.MY)$
This is from the Research House

$NOTION (0083.MY)$ Dollar recovery = Notion Up.

$ELRIDGE (0318.MY)$
Time to shine✨

$NOTION (0083.MY)$
Kuala Lumpur (5th September): Hong Leong Investment Bank (HLIB) has revised down the valuation of Notion VTec Bhd (KL: NOTION), which in turn lowered the target price (TP) of Notion VTec Bhd (KL: NOTION), despite decent earnings data for the third quarter ended on June 30, 2024 (3QFY2024).
The TP has been reduced from RM 3.28 to RM 2.74, mainly because HLIB views Notion VTec as one of the companies affected by the appreciation of the US dollar. Previously, the stock price had plunged 57% from its recent peak.
HLIB maintained its profit forecast and 'buy' recommendation but revised its valuation down to 25 times instead of the previous 30 times.
"This adjustment reflects the sentiment surrounding export-oriented companies, affected by the significant appreciation of the US dollar. Nonetheless, we remain optimistic about Notion VTec's impressive transformation and strong earnings growth trajectory."
HLIB stated: "The company is fully capable of leveraging the increasing adoption of artificial intelligence (AI), advancements in disk storage capacity, the diversification of global manufacturing, and the revival of the electrical and electronic sectors."
In the latest research note, HLIB points out that the manufacturer faces significant forex risks, as 50% of Notion VTec's accounts receivable is denominated in US dollars, 20% in euros, and the remaining 9...