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$United USD Cash Fund-Class R (MYU0100A8420.MF)$ 1% sales charge+ 1% annual management fee... Hmmmm
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Paris 2024 Olympics are poised to commence on the 26th of July, heralding the inaugural edition to cast off the pandemic's gloom. Beyond the realm of athletics, the Olympics serve as a catalyst for economic prosperity, presenting an opportune moment for corporations to showcase their offerings to a worldwide viewership and expand their clientele base.
The Paris Olympics have signed on 79 sponsors, including 15 Global Partners like $Anheuser-Busch Inbev (BUD.US)$, ...
The Paris Olympics have signed on 79 sponsors, including 15 Global Partners like $Anheuser-Busch Inbev (BUD.US)$, ...
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Hi, mooers!
Kucingko Bhd is expected to officially start trading on July 26. According to the animation production house company, it has received 21,929 applications for 2.5 billion shares, far exceeding the 25 million shares available for public subscription.
How will the market react to the IPO results? Make your guess now!
🎁 Rewards:
● An equal share of 3,000 points: Predict the percentage change in Kucingko's closing pr...
Kucingko Bhd is expected to officially start trading on July 26. According to the animation production house company, it has received 21,929 applications for 2.5 billion shares, far exceeding the 25 million shares available for public subscription.
How will the market react to the IPO results? Make your guess now!
🎁 Rewards:
● An equal share of 3,000 points: Predict the percentage change in Kucingko's closing pr...
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Hi mooers!
Join the Q2 Earnings Challenge and share 30,000 points! Tap to learn more!
$Advanced Micro Devices (AMD.US)$ and $Microsoft (MSFT.US)$ are releasing their Q2 earnings on July 30 after the bell.
Rewards
● An equal share of 5,000 points: For mooers who correctly guess the winner who makes the biggest %gains in intraday trading on July 31 (e.g., If 50 mooers make a correct guess, each of them will get 100 points.)
(Vote will close at...
Join the Q2 Earnings Challenge and share 30,000 points! Tap to learn more!
$Advanced Micro Devices (AMD.US)$ and $Microsoft (MSFT.US)$ are releasing their Q2 earnings on July 30 after the bell.
Rewards
● An equal share of 5,000 points: For mooers who correctly guess the winner who makes the biggest %gains in intraday trading on July 31 (e.g., If 50 mooers make a correct guess, each of them will get 100 points.)
(Vote will close at...
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Driven by concerted action by the Ministry of Finance and Bank Negara Malaysia over the past 3 months, the ringgit appreciated ahead of nine other regional currencies in mid-May.
The Ministry of Finance of Malaysia posted an article on the X platform saying that between February 26 and May 17 this year, the ringgit appreciated by 2% against the US dollar, while the Singapore dollar, the Chinese yuan, the Indian rupee and the Thai baht fell by -0.2%, -0.4%, -0.7% and 1%, respectively.
The post indicated that the government's comprehensive strategy strengthened the ringgit, and the average daily trading volume of the financial market increased to US$17.6 billion (approximately RM82.9 billion) during the period.
“One of the measures is to encourage government union investment companies and government union companies to bring foreign direct revenue back to the country, increase interaction with exporters, and convert revenue into ringgit.”
The Ministry of Finance said that in addition to monitoring the conversion of import and export revenue, the government is also strengthening the local economy and implementing fiscal reforms.
Furthermore, the increase in the number of overseas visitors has also increased demand for the ringgit, which has helped the ringgit to appreciate.
$USD/MYR (USDMYR.FX)$
Source: Nanyang Siang Pao
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. The reader shall bear any risk and responsibility arising from reliance on this content. Always conduct your own independent research and evaluation and consult professional advice if necessary before making any investment decisions. The author and related participants are not responsible for any loss or damage resulting from the use or reliance on the information contained in this article.
The Ministry of Finance of Malaysia posted an article on the X platform saying that between February 26 and May 17 this year, the ringgit appreciated by 2% against the US dollar, while the Singapore dollar, the Chinese yuan, the Indian rupee and the Thai baht fell by -0.2%, -0.4%, -0.7% and 1%, respectively.
The post indicated that the government's comprehensive strategy strengthened the ringgit, and the average daily trading volume of the financial market increased to US$17.6 billion (approximately RM82.9 billion) during the period.
“One of the measures is to encourage government union investment companies and government union companies to bring foreign direct revenue back to the country, increase interaction with exporters, and convert revenue into ringgit.”
The Ministry of Finance said that in addition to monitoring the conversion of import and export revenue, the government is also strengthening the local economy and implementing fiscal reforms.
Furthermore, the increase in the number of overseas visitors has also increased demand for the ringgit, which has helped the ringgit to appreciate.
$USD/MYR (USDMYR.FX)$
Source: Nanyang Siang Pao
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. The reader shall bear any risk and responsibility arising from reliance on this content. Always conduct your own independent research and evaluation and consult professional advice if necessary before making any investment decisions. The author and related participants are not responsible for any loss or damage resulting from the use or reliance on the information contained in this article.
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$GENTING (3182.MY)$ see CHATGPT analysis of this stock 1st Q earning report on key indicatiors 2024===>To analyze the financial performance of Genting Berhad (3182.MY) for the first quarter (Q1) of the financial year 2024, we will examine the key indicators provided:
### Financial Ratios
1. **Efficiency Ratios**:
- **Cash Conversion Cycle (CCC)**: Worsened by 60.39% to -7.7018, indicating a negative cash conversion cycle, which could be due to faster collection of receivables and/or faster tur...
### Financial Ratios
1. **Efficiency Ratios**:
- **Cash Conversion Cycle (CCC)**: Worsened by 60.39% to -7.7018, indicating a negative cash conversion cycle, which could be due to faster collection of receivables and/or faster tur...
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