BeContented
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The market during 2024H1 is very much different from the past, specifically under the shadow of recession speculated to come soon.
I have made more than SGD 50K during the 2024H1 by doing trends following investment.
Picture 1: P/L 2024H1.
To control risk I literally made 1st entry buy on the left side and 2-5 following buy on the right side. Typical examples include my investment trade with Singapore Airlines, ...
I have made more than SGD 50K during the 2024H1 by doing trends following investment.
Picture 1: P/L 2024H1.
To control risk I literally made 1st entry buy on the left side and 2-5 following buy on the right side. Typical examples include my investment trade with Singapore Airlines, ...
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BeContented
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On June 26 at 9:00 a.m. PT, $NVIDIA(NVDA.US$ will host its annual meeting. In a May message, CEO Huang called 2024 a 'watershed moment' for the company, and the momentum is evident. Nvidia's market cap soared to $3.3 trillion, overtaking Microsoft as the most valuable public company a few days ago. Nvidia remained in the spotlight this week as its shares continued falling from the record high reached and entered correction t...
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BeContented
commented on
where is it going to be green am bleeding very bad am really new to this please advise
wait or sell don't know what to do invest too much
wait or sell don't know what to do invest too much
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BeContented
commented on
Top Glove's third-quarter earnings report has been released, and this time it went from loss to profit.
Mainly because of some one-time additional income,
For example, land sales and foreign exchange transactions made quite a bit of money, amounting to RM89 million.
Although this makes the short-term financial situation look good,
But that doesn't mean that the company's main business will continue to make money.
In terms of cost, the prices of natural rubber and nitrile rubber have risen.
There was an increase of 20% and 16%, respectively, which increased production costs.
Despite the increase in costs, sales of gloves are still better than in the same period last year.
Top Glove also announced that their natural rubber gloves will be in
In July 2024, it will meet EU medical device standards and begin shipping.
This should help them be more competitive in the market and open up new channels.
If those one-time revenues are removed, the company will actually still lose money.
The main business is still slowly recovering, and ASP has improved
The US plans to raise tariffs on Chinese gloves in 2026.
Trust global glove vendors, including Top Glove
Everyone is busy preparing how to divide this big piece of cake
$TOPGLOV(7113.MY$
======= I am a dividing line =======
MY Moomoo account opening link 🔗
https://j.moomoo.com/00JowO
Crossing Malaysia through the US 2.0 offline sharing session (Johor Bahru, Selong)
https://forms.gle/5...
Mainly because of some one-time additional income,
For example, land sales and foreign exchange transactions made quite a bit of money, amounting to RM89 million.
Although this makes the short-term financial situation look good,
But that doesn't mean that the company's main business will continue to make money.
In terms of cost, the prices of natural rubber and nitrile rubber have risen.
There was an increase of 20% and 16%, respectively, which increased production costs.
Despite the increase in costs, sales of gloves are still better than in the same period last year.
Top Glove also announced that their natural rubber gloves will be in
In July 2024, it will meet EU medical device standards and begin shipping.
This should help them be more competitive in the market and open up new channels.
If those one-time revenues are removed, the company will actually still lose money.
The main business is still slowly recovering, and ASP has improved
The US plans to raise tariffs on Chinese gloves in 2026.
Trust global glove vendors, including Top Glove
Everyone is busy preparing how to divide this big piece of cake
$TOPGLOV(7113.MY$
======= I am a dividing line =======
MY Moomoo account opening link 🔗
https://j.moomoo.com/00JowO
Crossing Malaysia through the US 2.0 offline sharing session (Johor Bahru, Selong)
https://forms.gle/5...
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BeContented
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$TOPGLOV(7113.MY$ has announced its financial results for the Third Quarter ended 31 May 2024 (3QFY2024), recorded revenue of RM637 million, an increase of 16% quarter on quarter and 20% year on year. The PAT (Profit After Tax) has recorded RM50.7 million, making a net profit margin of 7.95%. Based on the report, the raw materials of glove production were on an uptrend, where the average natural latex concentr...
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BeContented
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Missed and uncertain about the crazy AI wave, choosed to vest in cash plus.
So far so good.
So far so good.
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selling my nvidia if dipping today……
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