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![No need to eat grass](https://sgsnsimg.moomoo.com/sns_client_feed/102078461/20240810/7657f7330eb90fabcd8fbc42488e8876.jpg/thumb?area=101&is_public=true)
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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...
Translated
![He Tejia reaped profits for 4 consecutive quarters and then paid dividends after a lapse of 2 years](https://sgsnsimg.moomoo.com/sns_client_feed/103267505/20240806/be7d1ee2c5eb4bd57424202e118e2846.jpg/thumb?area=104&is_public=true)
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James Wade
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In the last week, Nvidia was very difficult to operate. It fell too much from expectations last Thursday, and directly broke a new low on Friday, completely disrupting my trading plan. As a last resort, they switched back and forth during the game. Monday's sharp drop further disrupted trading plans, but the good news was that it finally went up. Although the profit was not very high, it's fair to say. Keep up the good work next week!
$NVIDIA (NVDA.US)$ $Nasdaq Composite Index (.IXIC.US)$ $E-mini NASDAQ 100 Futures(SEP4) (NQmain.US)$
$NVIDIA (NVDA.US)$ $Nasdaq Composite Index (.IXIC.US)$ $E-mini NASDAQ 100 Futures(SEP4) (NQmain.US)$
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![Picture](https://sgsnsimg.moomoo.com/sns_client_feed/101550178/20240806/1722900848952-random6046-101550178-android-compress.jpg/thumb?area=101&is_public=true)
![Picture](https://sgsnsimg.moomoo.com/sns_client_feed/101550178/20240806/1722900848535-random461-101550178-android-compress.jpg/thumb?area=101&is_public=true)
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Recently, US stocks have collapsed, and in a few trading days in July, all of this year's gains have almost been reduced back. The Japanese stock market also collapsed, especially when it fell 12.4% in one fell on Black Monday this week. The Singapore Straits Index also collapsed.
Stop, stop, we're looking for investment opportunities, not to watch the fun.
Recently, as soon as US stocks crashed, various voices in the market came, so there were endless arguments about conspiracy theories, recession, economic crisis, and Buffett's huge retreat (Buffett Q2 accurately reduced Apple holdings on a large scale, accounting for 50%). However, if we just follow the voice of the market, it is likely that we will be chasing the rise and falling, and then being cut back and forth.
Essentially, the root cause of the collapse of US stocks is that they have risen a lot, and investors think they are expensive. The Nasdaq index bottomed out at the end of 2022 and doubled in one go, so the 20% drop now can be seen as a valuation correction, which makes perfect sense. Of course, US stocks are high, the US dollar is high, and the Federal Reserve's interest rate cut is imminent. The trend is for the US dollar to change from strong to weak. The non-agricultural data is not good. The unemployment rate rises to 4.3%, triggering Sam's law (triggering a recession, with very high historical accuracy). Under these circumstances, the decline in US stocks is also a trend. The 10% + drop in just a few trading days left everyone panicking and imagining. Let me say washing is healthier; it is difficult to change the momentum in the short term; don't let the bullets fly for a while.
So what about the future? Where will US stocks go? In my global turbulent environment, what good investment opportunities are there other than US stocks?
I believe many friends are thinking that the Federal Reserve will cut interest rates...
Stop, stop, we're looking for investment opportunities, not to watch the fun.
Recently, as soon as US stocks crashed, various voices in the market came, so there were endless arguments about conspiracy theories, recession, economic crisis, and Buffett's huge retreat (Buffett Q2 accurately reduced Apple holdings on a large scale, accounting for 50%). However, if we just follow the voice of the market, it is likely that we will be chasing the rise and falling, and then being cut back and forth.
Essentially, the root cause of the collapse of US stocks is that they have risen a lot, and investors think they are expensive. The Nasdaq index bottomed out at the end of 2022 and doubled in one go, so the 20% drop now can be seen as a valuation correction, which makes perfect sense. Of course, US stocks are high, the US dollar is high, and the Federal Reserve's interest rate cut is imminent. The trend is for the US dollar to change from strong to weak. The non-agricultural data is not good. The unemployment rate rises to 4.3%, triggering Sam's law (triggering a recession, with very high historical accuracy). Under these circumstances, the decline in US stocks is also a trend. The 10% + drop in just a few trading days left everyone panicking and imagining. Let me say washing is healthier; it is difficult to change the momentum in the short term; don't let the bullets fly for a while.
So what about the future? Where will US stocks go? In my global turbulent environment, what good investment opportunities are there other than US stocks?
I believe many friends are thinking that the Federal Reserve will cut interest rates...
Translated
![The collapse of US stocks, how will the global market interpret it, and what are the current good opportunities?](https://sgsnsimg.moomoo.com/sns_client_feed/101535613/20240806/a2fee19dc3f91fd7445ce38aae572dcf.jpg?area=101&is_public=true)
![The collapse of US stocks, how will the global market interpret it, and what are the current good opportunities?](https://sgsnsimg.moomoo.com/sns_client_feed/101535613/20240806/9a2b94e246bf33a88fb7409be4eb309b.jpg?area=101&is_public=true)
![The collapse of US stocks, how will the global market interpret it, and what are the current good opportunities?](https://sgsnsimg.moomoo.com/sns_client_feed/101535613/20240806/0a6e0f88d7814993981453e759cc4b11.jpg?area=101&is_public=true)
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$Nasdaq Composite Index (.IXIC.US)$ well moments ago on CNBC and I've got Bloomberg and I've got Fox Business also in front of me you have an analyst that come out and said what I've been saying all week and that's you're going to have a lot of margin calls today and force liquidations so he reiterated what I said earlier and this week earlier is don't get caught up in the little uptick thinking this market's going to reverse and you're going to miss out on something because at 3:00 they're hitti...
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