kiwibird
voted
Morning, mooers!
This week, $MAYBANK (1155.MY)$ (11/26) and $PBBANK (1295.MY)$ (11/27) are said to report their quarterly earnings. After the recent pullback, investors are focusing on the performance of these two local banking giants. Who will be the winner of earnings week? Make your choice and grab some point rewards!
Rewards
● An equal share of 5,000 points: For mooers who correctly guessed the winner who makes the biggest % gains in...
This week, $MAYBANK (1155.MY)$ (11/26) and $PBBANK (1295.MY)$ (11/27) are said to report their quarterly earnings. After the recent pullback, investors are focusing on the performance of these two local banking giants. Who will be the winner of earnings week? Make your choice and grab some point rewards!
Rewards
● An equal share of 5,000 points: For mooers who correctly guessed the winner who makes the biggest % gains in...
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I have participated and hope to win.
Translated
kiwibird
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kiwibird
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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kiwibird
commented on and voted
Hello, Malaysian mooers!
As a welcome gift for our new Malaysian friends, if you deposit RM8000, keep it for at least 30 days, and free Apple stock is yours!
Wondering if you can trade after depositing? Absolutely!
Trade as much as you like; your free Apple stock is secure as long as your net deposit stays at least RM8000.
So, there's no need to sit on the sidelines. Your active trading won’t risk your reward. 🚀
📈 Trade and Earn
- Keep tradi...
As a welcome gift for our new Malaysian friends, if you deposit RM8000, keep it for at least 30 days, and free Apple stock is yours!
Wondering if you can trade after depositing? Absolutely!
Trade as much as you like; your free Apple stock is secure as long as your net deposit stays at least RM8000.
So, there's no need to sit on the sidelines. Your active trading won’t risk your reward. 🚀
📈 Trade and Earn
- Keep tradi...
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I have confidence in the future of 99 Speedmart. Hopefully, I can become a small shareholder 😁
Translated
5
kiwibird
voted
TSM is releasing its Q2 earnings on July 18 before the bell.
For the details of indicator sentiment, please tap the link and check.
Since its Q1 earnings release, shares of $Taiwan Semiconductor (TSM.US)$ have seen an increase of 22.28%. How will the market react to the upcoming results? Make your guess now!
Rewards
● An equal share of 5,000 points: For mooers who correctly guess the price range of $Taiwan Semiconductor (TSM.US)$'s opening...
For the details of indicator sentiment, please tap the link and check.
Since its Q1 earnings release, shares of $Taiwan Semiconductor (TSM.US)$ have seen an increase of 22.28%. How will the market react to the upcoming results? Make your guess now!
Rewards
● An equal share of 5,000 points: For mooers who correctly guess the price range of $Taiwan Semiconductor (TSM.US)$'s opening...
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kiwibird
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