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Jungle lee Male ID: 101767110
Currently working at Nanyang Siang Pau. Outside of work, enjoys stay active and exploring new investment opportunities.
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    Jungle lee commented on
    Due to limited expansion of return on equity (roe), coupled with possible interest rate cuts next year, local banks may face pressure on net interest margin. Analysts believe that the prospects of bank stocks are mediocre, especially for the leading Maybank. $MAYBANK (1155.MY)$ Cautioning investors, suggesting reducing holdings!
    The latest analysis report from Malaysian investment banks suggests that the banking industry may cool down next year, with a sector rating of only 'neutral'. Maybank, with a high valuation, is likely to be the first to feel the impact, with the target price plummeting from the original 10.80 ringgit to 8.85 ringgit; the rating has also been downgraded to 'shareholding'.
    The analyst stated that the reason for slashing the target price of the bank was not only due to the pressure on the return on equity, but also because the stock price of the bank was at a relatively high level compared to its book value.
    In addition, the bank's operating income, compared to 6.9% in the 2024 fiscal year, is expected to drop significantly to 3% in the 2025 fiscal year, mainly due to a slowdown in funding and market income.
    Therefore, in view of the various downside risks, analysts have lowered the target price and rating of Ma Bank.
    Investing in banks with high roe is the strategy.
    Overall, in the banking sector, analysts believe that banks with high return on equity and high liquidity will be one of the key investment focuses given the current situation.
    Analysts pointed out that by the 2025 fiscal year, the return on equity (ROE) had only increased from 9.4% to 9.7%, mainly due to the core net profit of banks, expected to decrease from this year's 7% to 6....
    Translated
    Banks are expected to face a downturn next year. Analysts suggest reducing shareholding of MAYBANK!
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    Jungle lee reacted to and commented on
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    Trump returns to the White House, exploring asia stock market joys and worries
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    Jungle lee commented on and voted
    Hi mooers!
    $Occidental Petroleum (OXY.US)$ is releasing its Q3 earnings on November 13 after the bell. Unlock insights with OXY Earnings Hub>>
    Over the last 2 years, OXY has beaten EPS estimates 50% of the time and has beaten revenue estimates 38% of the time. Amid recent oil price fluctuations, how would $Occidental Petroleum (OXY.US)$ perform? What guidance will the management provide? Subscribe to @Moo Live and book the confe...
    OXY Q3 Earnings Preview: Grab rewards by guessing the opening price!
    OXY Q3 Earnings Preview: Grab rewards by guessing the opening price!
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    Jungle lee commented on and booked the live
    With the U.S. election over, what ripple effects will the political shifts bring to Malaysia’s market? Join us as we explore the aftermath, adjustments, and opportunities on the horizon. Don’t miss out—tune in on Wednesday, November 13, at 8 p.m. for an exclusive live stream hosted by Nanyang Siang Pau (NYSP) in collaboration with KOLs Zeff Tan and Max Tan Kyzen from Moomoo. We’ll cover the post-election outlook, market reactions, and offer f...
    Translated
    特朗普重掌白宫,探亚洲马股喜忧
    Nov 13 06:00
    Replay
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    Jungle lee commented on
    Hi mooers!
    The Federal Reserve is scheduled hold FOMC meeting and press conference on November 7. This is crucial for the future trajectory of the U.S. and global economy.
    The Commerce Department's personal consumption expenditures (PCE) price index, closely watched by the Federal Reserve, increased 0.2% month-over-month in September. Excluding food and energy, the September PCE price index rose 0.3% MoM and 2.7% YoY. On ...
    Rate Cuts or Not? Share your insights on FOMC meeting and grab rewards!
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    Author: toby siew
    Upload coordinator: @Jungle lee
    The 60th US presidential election will kick off on November 5th this year. At that time, the Republican Trump and the Democrat Harris will compete for the US presidency.
    Due to its leading global position in economy, technology, and military power, coupled with the significant role of the US dollar, this election is not a domestic affair of the United States alone, but a crucial subject affecting global political and economic changes.
    As for Malaysia, due to the close economic and trade ties with the United States over the years, it cannot remain indifferent and must closely monitor and consider the changes in this election, strategically positioning for opportunities and risks early.
    What impact will the tight US presidential election have on Malaysia's economy? After discussions with political and economic experts, and comprehensive analysis of various data, "Nanyang Business Paper" will dissect it for readers.
    The United States is Malaysia's second largest export market
    Analyze the advantages and disadvantages from three perspectives.
    On November 5 of this year, the United States will welcome the 60th presidential election. This election is being closely watched globally, and Malaysia is no exception.
    What potential impacts will this election bring to Malaysia? What should the political and business communities as well as investors pay attention to?
    As time passes, the presidential race intensifies. The representative sent by the Republican Party is the former president, Trump, who is known for his exaggerated and sharp language.
    During his tenure from 2017 to early 2021, Donald Trump also occasionally communicated...
    Translated
    【Exclusive】The impact of the tight US presidential election on the uncertain, and Malaysia's economy is going smoothly?
    【Exclusive】The impact of the tight US presidential election on the uncertain, and Malaysia's economy is going smoothly?
    【Exclusive】The impact of the tight US presidential election on the uncertain, and Malaysia's economy is going smoothly?
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    Under the leadership of Prime Minister Datuk Seri Anwar, the prosperous and united government presented the 2025 fiscal budget case in the Lower House of Parliament yesterday (18th), indicating that the footsteps of bidding farewell to the old year and welcoming the new year are approaching.
    In the highly anticipated budget case, how much economic structural reform, how much tax system revision, how many pro-people measures, how much business facilitation, let's take a look together, how much do you know about the budget case!
    After an afternoon of digestion, I believe you, me, and him (her) have all settled our own thoughts, perhaps with some doubts... 🧐
    This Saturday (the 19th) at 2:30 pm, three senior market experts and professor-level scholars will visit the headquarters of "Nanyang Siang Pau", let's spend an hour and a half dissecting the 2025 budget together!
    #Nanyang Siang Pau #eNanyang #MoneySense #Dissecting2025Budget #SpecialLiveStreamingfromNanyang
    📹 Please follow Facebook, YouTube for simultaneous live streaming
    facebook live
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    What topics are worth paying attention to in the budget proposal?
    KPMG Malaysia believes that the Finance Minister, Datuk Seri Anwar, presenting the 2025 budget proposal, demonstrates a serious determination to expand the tax base, ease national debt, and reform the economy.
    KPMG Malaysia's tax director Soo Hock Lian commented that those earning dividends of 0.1 million ringgit or more will have to pay a 2% dividend tax next year, which is a unique idea by the Chong Ming government and clearly targets the country's wealthiest 15% cohort.
    KPMG Malaysia's tax director Soo Hock Lian commented that those earning dividends of 0.1 million ringgit or more will have to pay a 2% dividend tax next year, which is a unique idea by the Chong Ming government and clearly targets the country's wealthiest 15% cohort.
    It is called unique because this tax system cleverly avoids more than 85% of the domestic population, ensuring that vulnerable groups are exempt from the burden of the new tax system.
    However, Su Liansheng also believes that the budget outlines more details on the carbon tax, will introduce a sugary beverage tax, and phase in reforms to the Sales and Service Tax (SST), all expected to bring positive benefits to the country's economic development.
    However, he hopes that clear regulatory guidelines will be issued after the above tax system proposals are put forward, and transition plans will be carefully arranged to ensure the effective implementation of the tax system.
    Su Liansheng is also pleased to hear that small and medium-sized enterprises will receive tax incentives and financial support.
    In addition, relatively complex "smart logistics" tax incentives, the Johor forest city family office initiative, electric vehicle tax exemptions, etc., are all measures that he specifically praised...
    Translated
    Malaysia's 2025 budget proposal! Don't say it doesn't concern you!
    Malaysia's 2025 budget proposal! Don't say it doesn't concern you!
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    2025 budget wish list: eco-friendly oil & gas telecommunications, laying the groundwork for future development
    Report: Li Wenjiang @Jungle lee
    The 2025 fiscal budget will be a key moment driving Malaysia's future development, covering multiple important areas such as green energy, oil & gas, and telecommunications.
    The government is expected to prioritize renewable energy projects, especially under the framework of the National Energy Transition Roadmap (NETR), by expanding the Net Energy Metering (NEM) scheme and subsidy measures, further promoting the widespread application of solar energy, especially among B40 households.
    At the same time, the outlook for oil and gas is also receiving attention. Due to oil price fluctuations, national oil dividend payouts may decrease, expected to be below 32 billion ringgit, but the development of the Johor-Singapore Economic Zone (JS-SEZ) may bring new opportunities to the petrochemical sector.
    Lastly, the 5G infrastructure in the telecommunications sector is also expected to be promoted. The government will prioritize accelerating network coverage in remote areas, reducing the digital divide, ensuring the people nationwide can share the dividends of the digital economy.
    ■ Solar Energy Sector
    $SLVEST (0215.MY)$Solarvest Executive Director and CEO Tan Sri Shamsul Taran
    Lifting the capacity cap to promote popularization
    According to the Gesai Automobile Research Institute $SLVEST (0215.MY)$The wishlist provided hopes for the government to focus on promoting the transformation to green energy.
    Solarvest's Executive Director and Chief Executive Officer, Davis Chong Chun Shiong, expressed hope that the government could...
    Translated
    2025 budget wish list: green energy, oil & gas, electrical utilities, telecommunications laying the groundwork for future development.
    2025 budget wish list: green energy, oil & gas, electrical utilities, telecommunications laying the groundwork for future development.
    2025 budget wish list: green energy, oil & gas, electrical utilities, telecommunications laying the groundwork for future development.
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    Join this Positive Yield Challenge with global traders and compete for a share of $100,000 in cash rewards! Tap this link to begin>>
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