wengfai
liked
$MBMR (5983.MY)$
This stock had a good run, bought last year while it was till 3.5, reason being it's the only proxy left for p2 after Umw MGO, unless u want to buy $SIME (4197.MY)$, which it's more of a conglomerate, and market treats it with discount, and fy23 was a record year for them, for fy24, I doubt their earnings can beat fy23 numbers, might exceed expectation but not much further increase in earnings, their 9mfy24 number is lower than fy22 yet they paid more dividends than fy22...
This stock had a good run, bought last year while it was till 3.5, reason being it's the only proxy left for p2 after Umw MGO, unless u want to buy $SIME (4197.MY)$, which it's more of a conglomerate, and market treats it with discount, and fy23 was a record year for them, for fy24, I doubt their earnings can beat fy23 numbers, might exceed expectation but not much further increase in earnings, their 9mfy24 number is lower than fy22 yet they paid more dividends than fy22...
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wengfai
voted
Should we Buy the dip, or clear the ship?
As for the sudden surge that happened today in Chinese assets, here is something that I collected from investors and analysts surrounding
Market Surge
Today, China's stock market saw a significant surge, driven by four key factors:
Policy: The People's Bank of China has reiterated its commitment to interest rate cuts and announced a substantial SFISF application of 200 billion yuan. They also emphas...
As for the sudden surge that happened today in Chinese assets, here is something that I collected from investors and analysts surrounding
Market Surge
Today, China's stock market saw a significant surge, driven by four key factors:
Policy: The People's Bank of China has reiterated its commitment to interest rate cuts and announced a substantial SFISF application of 200 billion yuan. They also emphas...
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wengfai
voted
Timetable of IPO
Figure 1: IPO timetable of Sorento Capital Berhad
-Will be listed on the ACE Board
Full Video of Sorento Capital Berhad (Chinese version): - YouTube
Info of IPO
Enlarged no. of shares upon listing: 860 million
IPO price: RM0.37
Market capitalization: RM318.20 million
Estimated funds to raise from Public Issue: RM57.35 million
PE ratio = 13.02x (based on FY2024)
Business Model
Figure 2: Business model of So...
Figure 1: IPO timetable of Sorento Capital Berhad
-Will be listed on the ACE Board
Full Video of Sorento Capital Berhad (Chinese version): - YouTube
Info of IPO
Enlarged no. of shares upon listing: 860 million
IPO price: RM0.37
Market capitalization: RM318.20 million
Estimated funds to raise from Public Issue: RM57.35 million
PE ratio = 13.02x (based on FY2024)
Business Model
Figure 2: Business model of So...
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wengfai
voted
My ETF holdings are mainly the leveraged ETFs which have higher risk profile compared to other type of ETFs. However, my problem with my ETF holding is their lackluster performance. Luckily though they are only a small position of my overall portfolio and I am not looking at profit near term.
That being said, if you google about leveraged ETFs, you will see the red flag as below immediately.
Leveraged ETFs decay due to the compounding effect of daily returns, volatility...
That being said, if you google about leveraged ETFs, you will see the red flag as below immediately.
Leveraged ETFs decay due to the compounding effect of daily returns, volatility...
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wengfai
voted
Hi, mooers!
$99SMART (5326.MY)$ is expected to officially start trading on Sep 9.
For the balloting in respect of applications received from the Malaysian public, a total of 49,354 applications for
678,585,100 IPO Shares were received, resulting in an overall oversubscription rate of 3.04 times.
How will the market react to the IPO results? Make your guess now!
(Vote will close at 14:30 am M...
$99SMART (5326.MY)$ is expected to officially start trading on Sep 9.
For the balloting in respect of applications received from the Malaysian public, a total of 49,354 applications for
678,585,100 IPO Shares were received, resulting in an overall oversubscription rate of 3.04 times.
How will the market react to the IPO results? Make your guess now!
(Vote will close at 14:30 am M...
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wengfai
voted
Hi, mooers!
VETECE Holdings Berhad $VTC (0319.MY)$ is expected to officially start trading on Aug 28.
The IPO has attracted 31,054 applicants requesting a total of 3,692,919,000 shares, valued at approximately RM923.23 million, which has been oversubscribed by 187.41 times.
How will the market react to the IPO results? Make your guess now!
(Vote will close at 14:30 AM MYT on Aug 28)
🎁 Rewards:
● An equal share ...
VETECE Holdings Berhad $VTC (0319.MY)$ is expected to officially start trading on Aug 28.
The IPO has attracted 31,054 applicants requesting a total of 3,692,919,000 shares, valued at approximately RM923.23 million, which has been oversubscribed by 187.41 times.
How will the market react to the IPO results? Make your guess now!
(Vote will close at 14:30 AM MYT on Aug 28)
🎁 Rewards:
● An equal share ...
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wengfai
voted
Hi, mooers!
Join the Q2 Earnings Challenge and share 30,000 points! Tap to learn more!
$Alphabet-A (GOOGL.US)$ is releasing its Q2 earnings on July 23 after the bell. Unlock insights with GOOGL Earnings Hub>>
For the details of indicator sentiment, please tap the link and check.
Since its Q1 earnings release, shares of $Alphabet-A (GOOGL.US)$ have seen an increase of 11.77%. How will the market react to the upcoming resul...
Join the Q2 Earnings Challenge and share 30,000 points! Tap to learn more!
$Alphabet-A (GOOGL.US)$ is releasing its Q2 earnings on July 23 after the bell. Unlock insights with GOOGL Earnings Hub>>
For the details of indicator sentiment, please tap the link and check.
Since its Q1 earnings release, shares of $Alphabet-A (GOOGL.US)$ have seen an increase of 11.77%. How will the market react to the upcoming resul...
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wengfai
commented on
Depositing money in a bank or investing in bank stocks, what's your take? In fact, if focusing solely on interest, the stability offered by bank stocks and bank deposits can be quite comparable, and at times, the dividend yield from bank stocks might even surpass that of bank deposits. Unfortunately, in practice, buying bank stocks also requires consideration of the fluctuation in stock prices, where as depositing money in a bank carri...
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