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Nothing burger. Just a couple of non-descript companies endorsing. Far from Cannabis Industry as headline states. We'll have to see what the actual plans are for cannabis reform and a path to uplisting , if the candidates have any.
Or think of it as "business equality".
$Canopy Growth Corp (WEED.CA)$
Or think of it as "business equality".
$Canopy Growth Corp (WEED.CA)$
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(KUALA LUMPUR 6th) After 4 consecutive quarters of profit, $HARTA (5168.BMS)$He Tejia finally paid dividends again after a lapse of two years. It is recommended to pay a dividend of 0.35 cents per share.
Due to a slight increase in the volume and price of gloves, Hetejia continued to turn a profit in the first quarter of fiscal year 2025, and recorded a net profit of RM31.92 million6,000, compared to a loss of RM52.46 million9,000 over the same period last year.
The company reported to the Malaysia Stock Exchange that revenue for the first quarter ending June 1 surged 32.68% year on year to 0.5 billion 83.83 million9,000.
The company pointed out that there was a significant improvement in revenue during the quarter, mainly an increase in glove sales and a slight increase in the average sales price of gloves. However, due to ongoing global freight restrictions, shipping delays also partially affected its revenue.
In addition to being driven by revenue growth, in terms of net profit, operating costs were reduced and profitability improved due to increased production efficiency and capacity utilization.
The last time the company paid dividends was the final dividend for fiscal year 2022, which was distributed 3.5 cents per share in September 2022.
Meanwhile, Hetejia announced a final dividend of 0.35 cents for the 2024 fiscal year, and will seek approval at the shareholders' meeting on the 6th of next month. Once approved, the distribution will be on October 8.
Sales orders are gradually recovering
Despite many challenges, demand for rubber gloves showed early signs of improvement as pandemic inventories declined and sales orders gradually resumed.
Guan Minliang, CEO of the company, said that the gradual recovery in demand is exciting, thanks to the industry's main...
Due to a slight increase in the volume and price of gloves, Hetejia continued to turn a profit in the first quarter of fiscal year 2025, and recorded a net profit of RM31.92 million6,000, compared to a loss of RM52.46 million9,000 over the same period last year.
The company reported to the Malaysia Stock Exchange that revenue for the first quarter ending June 1 surged 32.68% year on year to 0.5 billion 83.83 million9,000.
The company pointed out that there was a significant improvement in revenue during the quarter, mainly an increase in glove sales and a slight increase in the average sales price of gloves. However, due to ongoing global freight restrictions, shipping delays also partially affected its revenue.
In addition to being driven by revenue growth, in terms of net profit, operating costs were reduced and profitability improved due to increased production efficiency and capacity utilization.
The last time the company paid dividends was the final dividend for fiscal year 2022, which was distributed 3.5 cents per share in September 2022.
Meanwhile, Hetejia announced a final dividend of 0.35 cents for the 2024 fiscal year, and will seek approval at the shareholders' meeting on the 6th of next month. Once approved, the distribution will be on October 8.
Sales orders are gradually recovering
Despite many challenges, demand for rubber gloves showed early signs of improvement as pandemic inventories declined and sales orders gradually resumed.
Guan Minliang, CEO of the company, said that the gradual recovery in demand is exciting, thanks to the industry's main...
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Columns Emotional Trader
Why You Must Control Your Emotions While Trading In The Stock Market
Trading in the stock market requires years of practice and thorough understanding of market dynamics to maximize gains. Unlike investing, where the holding period is long, trading involves frequent buying and selling of securities.
Among the several things that you should not do while trading is to trade under emotions. Emotional trading has several pitfalls, and doing so can result in significant capital loss. ...
Trading in the stock market requires years of practice and thorough understanding of market dynamics to maximize gains. Unlike investing, where the holding period is long, trading involves frequent buying and selling of securities.
Among the several things that you should not do while trading is to trade under emotions. Emotional trading has several pitfalls, and doing so can result in significant capital loss. ...
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$NVIDIA (NVDA.US)$ The recent market rally, driven by optimism around AI and potential rate cuts, reaffirms UBS's positive outlook on the technology sector, the bank said in a note Thursday.
UBS analysts highlight that despite a mid-July market pullback, the technology sector is buoyed by strong AI capital expenditure and demand.
"Despite the market pullback in mid-July, and without taking any single-name views, Wednesday’s rally underscores our positive outlook on the technology sector amid st...
UBS analysts highlight that despite a mid-July market pullback, the technology sector is buoyed by strong AI capital expenditure and demand.
"Despite the market pullback in mid-July, and without taking any single-name views, Wednesday’s rally underscores our positive outlook on the technology sector amid st...
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On July 30, Eastern Time, $Microsoft (MSFT.US)$ released its FY24 Q4 earnings report for the period ending June 30, 2024. The report showed that the company achieved revenues of $64.727 billion, a year-over-year increase of 15.2%; adjusted diluted EPS was $2.95, a year-over-year increase of 9.67%. Despite overall solid performance, the core Intelligent Cloud business revenue slightly missed market expectations, and Azure's gr...
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$Advanced Micro Devices (AMD.US)$
AMD will release financial reports soon after today's market. There is a probability that $140 will fluctuate by $12 68%, and $110-130 (super support) will increase by an average of 33% over the next 5 years. The valuation is 151-202 25 years ago. Based on historical foresight PE 27 times, long-term friends should never miss the chance to get on the bus. From a fundamental point of view, it is definitely a good long-term target.
Currently, Nvidia's strong support of $111 has broken, with moderate support below $100-105.
AMD will release financial reports soon after today's market. There is a probability that $140 will fluctuate by $12 68%, and $110-130 (super support) will increase by an average of 33% over the next 5 years. The valuation is 151-202 25 years ago. Based on historical foresight PE 27 times, long-term friends should never miss the chance to get on the bus. From a fundamental point of view, it is definitely a good long-term target.
Currently, Nvidia's strong support of $111 has broken, with moderate support below $100-105.
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I think forward p/e should play a better part being everything else is priced into the market 6-12months
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