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$EKOVEST(8877.MY$ $EKOVEST(8877.MY$ Is it stable? Will it still fall? 10 days ago and 10 days later, go for it!
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$ECOWLD(8206.MY$ this so sucks. as weak as usual
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Columns Tesla Attracts $190 Million in Short Call Positions Even as Stock Soars After Deliveries Beat
$Tesla(TSLA.US$attracted almost $190 million in short call positions at a time when the stock is soaring to its highest level since January.
Shares of the electric vehicle maker jumped 9% to $228.83 Tuesday after Tesla reported second quarter deliveries that beat analysts' estimates. Wedbush analyst Daniel Ives said the results represented "a huge comeback performance" for the company that's widely expe...
Shares of the electric vehicle maker jumped 9% to $228.83 Tuesday after Tesla reported second quarter deliveries that beat analysts' estimates. Wedbush analyst Daniel Ives said the results represented "a huge comeback performance" for the company that's widely expe...
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Yang Zhongli Shuangxiong's stock price plummeted? Let's see what the market says about whether they should pick up the knife or not.
In which, $YTLPOWR(6742.MY$Yang Zhongli Electric's profit performance declined quarterly. Most investment banks believe that its stock price trend will also slow down, and they have downgraded the stock rating to “hold on” or “follow the market.”
Galaxy Securities analysts pointed out that due to a quarterly decline of 18% in the profit contribution of the Singaporean subsidiary Power Seraya in the 3rd quarter of fiscal year 2024 (up to the end of March) and the expansion of telecom business losses, Yang Zhongli Electric's net profit for the 3rd quarter also began to fall from its peak, falling 16% from quarter to quarter.
“Power Seraya's net profit performance began to return to normal in the 3rd quarter. At the same time, the telecom business faced the impact of the decline in project revenue and increased losses, which was enough to offset the narrowing of Wessex Water's losses and the contribution of the affiliate company to more profits.”
The analyst also said that Power Seraya's electricity retail revenue declined quarterly due to renewed power supply contracts, which offset higher electricity sales brought about by hot weather in the 3rd quarter.
As for the outlook, the analyst did not change Yang Zhongli Electric's future profit expectations. He still predicts that Power Seraya's profit will continue to fall back to normal levels, but the recovery in Wessex Water's performance, combined with contributions from the data center business beginning in the second half of fiscal year 2025, is expected to mitigate the impact of the decline in Singapore's power generation profits.
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In which, $YTLPOWR(6742.MY$Yang Zhongli Electric's profit performance declined quarterly. Most investment banks believe that its stock price trend will also slow down, and they have downgraded the stock rating to “hold on” or “follow the market.”
Galaxy Securities analysts pointed out that due to a quarterly decline of 18% in the profit contribution of the Singaporean subsidiary Power Seraya in the 3rd quarter of fiscal year 2024 (up to the end of March) and the expansion of telecom business losses, Yang Zhongli Electric's net profit for the 3rd quarter also began to fall from its peak, falling 16% from quarter to quarter.
“Power Seraya's net profit performance began to return to normal in the 3rd quarter. At the same time, the telecom business faced the impact of the decline in project revenue and increased losses, which was enough to offset the narrowing of Wessex Water's losses and the contribution of the affiliate company to more profits.”
The analyst also said that Power Seraya's electricity retail revenue declined quarterly due to renewed power supply contracts, which offset higher electricity sales brought about by hot weather in the 3rd quarter.
As for the outlook, the analyst did not change Yang Zhongli Electric's future profit expectations. He still predicts that Power Seraya's profit will continue to fall back to normal levels, but the recovery in Wessex Water's performance, combined with contributions from the data center business beginning in the second half of fiscal year 2025, is expected to mitigate the impact of the decline in Singapore's power generation profits.
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As of year-to-date (YTD) April, Malaysia $FTSE Bursa Malaysia KLCI Index(.KLSE.MY$ has emerged as one of the best-performing markets within the ASEAN region. This notable performance raises the question of whether the country will continue to sustain this upward trajectory. Market analysts and investors are closely monitoring various economic indicators and policy measures to assess the potential for continued growth.
We will share more market trends and in...
We will share more market trends and in...
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Morning mooers! It is Wednesday May 22, the market is cautiously flat, awaiting Nvidia earnings after market closes.
My name is Kevin Travers, and here are the stories moving on Wall Street Today:
$Target (TGT.US)$'s fiscal first-quarter earnings missed Wall Street's estimates by 3C, and were 1% below last year's $2.05. Shares in the firm fell 8% in early trading, the lowest decline on the S&P 500.
The largest gainer on the S&P 500...
My name is Kevin Travers, and here are the stories moving on Wall Street Today:
$Target (TGT.US)$'s fiscal first-quarter earnings missed Wall Street's estimates by 3C, and were 1% below last year's $2.05. Shares in the firm fell 8% in early trading, the lowest decline on the S&P 500.
The largest gainer on the S&P 500...
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