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$NVDA.US$ Any stock that get too carried away with its price, will suffer for the next 2-3 months (Aug to October), which traditionally crashes overpriced stocks historically.
If the tech giants were to cut their capex from the impending downturn, who else is there to sustain the growth of Nvidia?
Jensen is wise to unload while the stock is at a high, while retail investors pick up the tab.
If the tech giants were to cut their capex from the impending downturn, who else is there to sustain the growth of Nvidia?
Jensen is wise to unload while the stock is at a high, while retail investors pick up the tab.
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$NVDA.US$
Sold… Wait for the bottom to enter later in Aug, too much uncertainty near term. good luck everyone.
Sold… Wait for the bottom to enter later in Aug, too much uncertainty near term. good luck everyone.
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1. $NAIM.MY$
2. $JTIASA.MY$
3. $KGB.MY$
4. $CCK.MY$
5. $INFOTEC.MY$
‼️TAKE NOTE‼️
🟡 Watchlist above is NOT buy sell call, but only a monitoring list based on Technical Analysis.
🟡 Trade with your own plan & risk and DO NOT buy in blindly, always set and execute your cut loss / take profit plan, or else market will make you pay for it
🟡 Market tends to be very volatile, do be responsible for your own trades!
Disclaimer:
Non-financial advic...
2. $JTIASA.MY$
3. $KGB.MY$
4. $CCK.MY$
5. $INFOTEC.MY$
‼️TAKE NOTE‼️
🟡 Watchlist above is NOT buy sell call, but only a monitoring list based on Technical Analysis.
🟡 Trade with your own plan & risk and DO NOT buy in blindly, always set and execute your cut loss / take profit plan, or else market will make you pay for it
🟡 Market tends to be very volatile, do be responsible for your own trades!
Disclaimer:
Non-financial advic...
21
3
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Galaxy International: Yongda Group is also a data center concept stock, which encouraged the stock to rise 14%
China's water investment is growing, making Yongda Group in this field $ENGTEX.MY$ Benefiting; today Galaxy International Securities viewed the stock as a “data center concept stock” and called to buy it, which encouraged the stock to soar 14%!
According to a report released by Galaxy International Securities today, recent investments in several water projects, including the Xuzhou Rasau (Rasau) Water Supply Plan, the Lengyue 2 Water Treatment Station Project, and the Perak - Penang Water Supply Plan, are all beneficial to Yongda Group.
Meanwhile, as a data center hub for the regional market, the group completed a contract with a total value of RM7 million related to the data center.
Topic: Contracts are coming one after another
“We believe such contracts are coming one after another!”
In addition, local infrastructure projects are expected to accelerate in the second half of 2024, thereby boosting demand for low-carbon steel, and Yongda Group will benefit accordingly.
Furthermore, the active construction sector will drive demand for metal wire mesh. This product is also the largest revenue contributor to Yongda Group's manufacturing business (accounting for 40% of FY2023).
Supported by many favorable factors, analysts expect Yongda Group's performance in the next quarter to achieve strong year-on-year growth in a low environment.
As a result, Galaxy International drastically raised its profit forecast for the group. Following this, the target price was also raised to RM1.70, and the rating “increased.”
The Yongda Group was also greatly encouraged today...
China's water investment is growing, making Yongda Group in this field $ENGTEX.MY$ Benefiting; today Galaxy International Securities viewed the stock as a “data center concept stock” and called to buy it, which encouraged the stock to soar 14%!
According to a report released by Galaxy International Securities today, recent investments in several water projects, including the Xuzhou Rasau (Rasau) Water Supply Plan, the Lengyue 2 Water Treatment Station Project, and the Perak - Penang Water Supply Plan, are all beneficial to Yongda Group.
Meanwhile, as a data center hub for the regional market, the group completed a contract with a total value of RM7 million related to the data center.
Topic: Contracts are coming one after another
“We believe such contracts are coming one after another!”
In addition, local infrastructure projects are expected to accelerate in the second half of 2024, thereby boosting demand for low-carbon steel, and Yongda Group will benefit accordingly.
Furthermore, the active construction sector will drive demand for metal wire mesh. This product is also the largest revenue contributor to Yongda Group's manufacturing business (accounting for 40% of FY2023).
Supported by many favorable factors, analysts expect Yongda Group's performance in the next quarter to achieve strong year-on-year growth in a low environment.
As a result, Galaxy International drastically raised its profit forecast for the group. Following this, the target price was also raised to RM1.70, and the rating “increased.”
The Yongda Group was also greatly encouraged today...
Translated
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July was craaaaaazy! I just bought into tech funds and suddenly booom… all techs sky dived! It was such a horrific experience. My portfolio was a sea of red for many days. Boohooohooo…
It was during the last few days, it sort of turned green slightly due to the mighty $5E2.SG$ and $HST.SG$ Nevertheless thankful still a gain, albeit kinda little.
Tech stocks are selling off. I think I may have to keep away from th...
It was during the last few days, it sort of turned green slightly due to the mighty $5E2.SG$ and $HST.SG$ Nevertheless thankful still a gain, albeit kinda little.
Tech stocks are selling off. I think I may have to keep away from th...
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$NVAX.US$
Novavax does have many things in the pipeline to justify it's price target from 5 analysts of $31.
From Rocco on Yahoo finance,
"Novavax 2 billion market cap
they just starting shipping a cobranded malaria drug that appears set to dominate that space..last year there were 250 million cases of malaria and they said last year that they want to address that entire market
second...the are set to give an alternative to mrna ,albeit small but even 5-10% would b...
Novavax does have many things in the pipeline to justify it's price target from 5 analysts of $31.
From Rocco on Yahoo finance,
"Novavax 2 billion market cap
they just starting shipping a cobranded malaria drug that appears set to dominate that space..last year there were 250 million cases of malaria and they said last year that they want to address that entire market
second...the are set to give an alternative to mrna ,albeit small but even 5-10% would b...
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