hong2750
voted
Happy Friday, mooers! Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the top ten buzzing stocks on moomoo based on search and message volumes! Comment below to answer the Weekly Topic question for a chance to win an award!
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Weekly Buzz
The market declined Friday, ending a short but volatile week for stocks. The S&P 500 fell below the historic 5,500 point mark Thursday, a level first re...
Make Your Choice
Weekly Buzz
The market declined Friday, ending a short but volatile week for stocks. The S&P 500 fell below the historic 5,500 point mark Thursday, a level first re...
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hong2750
voted
Hi, mooers!
$Broadcom (AVGO.US)$ is releasing its Q3 earnings on September 5 after the bell. Unlock insights with AVGO Earnings Hub>>
For the details of indicator sentiment, please tap the link and check.
Since its Q2 earnings release, shares of $Broadcom (AVGO.US)$ have seen an increase of 9.22%. How will the market react to the upcoming results? Make your guess now!
Rewards
● An equal share of 5,000 points: For mooers who corr...
$Broadcom (AVGO.US)$ is releasing its Q3 earnings on September 5 after the bell. Unlock insights with AVGO Earnings Hub>>
For the details of indicator sentiment, please tap the link and check.
Since its Q2 earnings release, shares of $Broadcom (AVGO.US)$ have seen an increase of 9.22%. How will the market react to the upcoming results? Make your guess now!
Rewards
● An equal share of 5,000 points: For mooers who corr...
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hong2750
voted
The recovery momentum of the Malaysian glove industry is gradually improving, market experts believe that this is a good opportunity to accumulate glove stocks, and specifically mentioned the high-yield Chen Pi Industry and Hershey. $KOSSAN (7153.MY)$ and Hershey. $HARTA (5168.MY)$
The research report by Volkswagen Investment Bank on Monday indicated a good sign of recovery in the glove industry, as both product sales and average selling prices are rising, which will all be drivers of revenue growth for industry players.
In the latest quarterly performance, the glove industry players we are focusing on all saw an increase in product sales, leading to a sequential revenue growth.
According to data from the Department of Statistics Malaysia (DOSM), our country's glove exports grew by 14% year-on-year in the first half of the year, while production volume increased by 6% year-on-year. Therefore, analysts predict that overall glove sales will continue to rise.
Despite the losses incurred by Top Glove $TOPGLOV (7113.MY)$ still incurring losses, but Hartalega and Kossan Rubber Industries respectively recorded core net profits of 36.7 million ringgit and 26.8 million ringgit.
Better pricing position.
"We understand that the average selling price for every 1000 gloves fluctuates between 20 to 21 US dollars, slightly higher than the 17 to 18 US dollars at which Chinese industry players sell."
The analyst continued, as customer inventories are depleted, they are more willing to accept price increases, which narrows the price gap between Malaysian and Chinese players, indicating that market price competition will become more intense.
However, we are bullish on Malaysian industry players being able to continue raising their average...
The research report by Volkswagen Investment Bank on Monday indicated a good sign of recovery in the glove industry, as both product sales and average selling prices are rising, which will all be drivers of revenue growth for industry players.
In the latest quarterly performance, the glove industry players we are focusing on all saw an increase in product sales, leading to a sequential revenue growth.
According to data from the Department of Statistics Malaysia (DOSM), our country's glove exports grew by 14% year-on-year in the first half of the year, while production volume increased by 6% year-on-year. Therefore, analysts predict that overall glove sales will continue to rise.
Despite the losses incurred by Top Glove $TOPGLOV (7113.MY)$ still incurring losses, but Hartalega and Kossan Rubber Industries respectively recorded core net profits of 36.7 million ringgit and 26.8 million ringgit.
Better pricing position.
"We understand that the average selling price for every 1000 gloves fluctuates between 20 to 21 US dollars, slightly higher than the 17 to 18 US dollars at which Chinese industry players sell."
The analyst continued, as customer inventories are depleted, they are more willing to accept price increases, which narrows the price gap between Malaysian and Chinese players, indicating that market price competition will become more intense.
However, we are bullish on Malaysian industry players being able to continue raising their average...
Translated
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hong2750
reacted to and signed up for the Live
Dear Mooers,
Are you ready to take your investment knowledge to the next level? We’re excited to invite you to our upcoming live stream event: “Understanding and Investing in ETFs Listed on Bursa Malaysia”.
Participate in this live stream, you will have a chance to receive 88 moomoo points!
In this comprehensive live stream, we’ll guide you through everything you need to know about Exchange Traded Funds (ETFs) and how you can leverage them...
Are you ready to take your investment knowledge to the next level? We’re excited to invite you to our upcoming live stream event: “Understanding and Investing in ETFs Listed on Bursa Malaysia”.
Participate in this live stream, you will have a chance to receive 88 moomoo points!
In this comprehensive live stream, we’ll guide you through everything you need to know about Exchange Traded Funds (ETFs) and how you can leverage them...
Unlock the Secrets of ETFs with Our Upcoming Live Stream!
Sep 4 07:00
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Set a live reminder
[Live Introduction]
Solar District Cooling Group Berhad (“SDCG”) is targeting to debut on the Bursa ACE market. The IPO subscription takes place from 8/28/2024 to 9/6/2024!
To provide investors with a better understanding of the company's development and future plans, Moomoo MY Marketing Representative @Tan Kyzen (Max) will be conducting a live session with the senior management of SDCG on 29/8/2024 8:00 MYT.
Managing Director ...
Solar District Cooling Group Berhad (“SDCG”) is targeting to debut on the Bursa ACE market. The IPO subscription takes place from 8/28/2024 to 9/6/2024!
To provide investors with a better understanding of the company's development and future plans, Moomoo MY Marketing Representative @Tan Kyzen (Max) will be conducting a live session with the senior management of SDCG on 29/8/2024 8:00 MYT.
Managing Director ...
Moo Live: Exclusive IPO Q&A session with Solar District Cooling Group
Aug 29 07:00
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hong2750
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Happy Friday, mooers! Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the top ten buzzing stocks on moomoo based on search and message volumes! Comment below to answer the Weekly Topic question for a chance to win an award!
Make Your Choice
Weekly Buzz
What a Friday it is! Federal Reserve President Jerome Powell said everything short of 'we are cutting rates in September' at the Jackson Hole, WY Ec...
Make Your Choice
Weekly Buzz
What a Friday it is! Federal Reserve President Jerome Powell said everything short of 'we are cutting rates in September' at the Jackson Hole, WY Ec...
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hong2750
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Hey, mooers!
The global financial community is gearing up for the Jackson Hole Symposium taking place from August 22-24. Attention is focused on Powell's speech at 10:00 a.m. ET on August 23 (tap here to reserve your spot for the live stream), which typically offers insights into the Federal Reserve's monetary policy outlook. This year's gathering is themed "Reevaluating the Effectiveness and Transmission Mechanisms of Monetary Policy."...
The global financial community is gearing up for the Jackson Hole Symposium taking place from August 22-24. Attention is focused on Powell's speech at 10:00 a.m. ET on August 23 (tap here to reserve your spot for the live stream), which typically offers insights into the Federal Reserve's monetary policy outlook. This year's gathering is themed "Reevaluating the Effectiveness and Transmission Mechanisms of Monetary Policy."...
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hong2750
liked
today, $SIMEPROP (5288.MY)$
outperformed
$SPSETIA (8664.MY)$
the reason is SPSETIA debt is crazy and there is RCPS A and C too.
outperformed
$SPSETIA (8664.MY)$
the reason is SPSETIA debt is crazy and there is RCPS A and C too.
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hong2750
commented on
Many mooers have expressed their strong interest in the Singapore stock market. After various preparations, the Singapore stock trading function is now officially launched!
Reflecting on the first half of 2024, the Singapore stok market exhibited relative stability. $YZJ Shipbldg SGD(BS6.SG)$ emerged as one of the best-performing companies in the first half of the year, with the share price soaring over 80% since the start of the year. Below a...
Reflecting on the first half of 2024, the Singapore stok market exhibited relative stability. $YZJ Shipbldg SGD(BS6.SG)$ emerged as one of the best-performing companies in the first half of the year, with the share price soaring over 80% since the start of the year. Below a...
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