WYN2000
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The US Federal Reserve initiated its easing cycle with 50 basis points rate cut last week. This week, Chinese markets joined the trend on Tuesday by cutting the rate by 50 basis points. This decision sparked a rally, with the $Hang Seng Index (800000.HK)$ and $SSE Composite Index (000001.SH)$ rising more than 4% in a single day. On the same day, the Reserve Bank of Australia left its cash rate unchanged at 4.35%. Howe...
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$KHB (0322.MY)$
Timetable of IPO
Figure 1: IPO timetable of KHPT Holdings Berhad
-Will be listed on the ACE Board
Full Video of KHPT Holdings Berhad (Chinese version)- YouTube
Info of IPO
Enlarged no. of shares upon listing: 402.38 million
IPO price: RM0.20
Market capitalization: RM80.47 million
Estimated funds to raise from Public Issue: RM21.72 million
PE ratio = 14.55x (based on FY2023)
Business Model
Figure 2: Busines...
Timetable of IPO
Figure 1: IPO timetable of KHPT Holdings Berhad
-Will be listed on the ACE Board
Full Video of KHPT Holdings Berhad (Chinese version)- YouTube
Info of IPO
Enlarged no. of shares upon listing: 402.38 million
IPO price: RM0.20
Market capitalization: RM80.47 million
Estimated funds to raise from Public Issue: RM21.72 million
PE ratio = 14.55x (based on FY2023)
Business Model
Figure 2: Busines...
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WYN2000
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$YTLPOWR (6742.MY)$ Is there a glimmer of hope? Or is the fund coming?
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WYN2000
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Hey, mooers!
Were you tuned into our "Invest with Sarge" live stream on what investors might watch for in 2024's second half? If you missed it, don’t worry — we've got a comprehensive recap to keep you up in the market marathon. 🙌
Follow Stephen “Sarge” Guilfoyle on moomoo
Preview of 2024's Second Half
Sarge highlighted some critical factors that investors can keep an eye on for the rest of the year:
Inflation and Rate Cuts: Inflation rema...
Were you tuned into our "Invest with Sarge" live stream on what investors might watch for in 2024's second half? If you missed it, don’t worry — we've got a comprehensive recap to keep you up in the market marathon. 🙌
Follow Stephen “Sarge” Guilfoyle on moomoo
Preview of 2024's Second Half
Sarge highlighted some critical factors that investors can keep an eye on for the rest of the year:
Inflation and Rate Cuts: Inflation rema...
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WYN2000
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$RHBBANK (1066.MY)$ now still suitable to in?
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WYN2000
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Survey Insights: 📊
The latest Edelman Trust Barometer, marking its 20th anniversary, has revealed a sobering trend – a growing sentiment of inequality is eroding trust not just in societal institutions but also in capitalism itself. A notable finding is that many, especially in developed markets, no longer hold the belief that working hard guarantees a better life.
Despite economic progress, a significant portion of respondents don't foresee an imp...
The latest Edelman Trust Barometer, marking its 20th anniversary, has revealed a sobering trend – a growing sentiment of inequality is eroding trust not just in societal institutions but also in capitalism itself. A notable finding is that many, especially in developed markets, no longer hold the belief that working hard guarantees a better life.
Despite economic progress, a significant portion of respondents don't foresee an imp...
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WYN2000
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(Kuala Lumpur News, 3rd) The overall performance of the banking industry in the second quarter of 2024 is good. Analysts expect that the net interest margin will stabilize in the future, and the prospects for profit growth are still bright, maintaining a "positive" rating.
In the latest report of Maybank Investment Banking Research, it is observed that in the first half of this year, the core net profit of the banking industry in our country increased by 9% year-on-year, mainly due to the continuous growth of operating profit by 7% and stable credit costs.
Therefore, analysts maintain a growth forecast of 7.6% for full-year operating profit in 2024.
This is mainly based on the forecast of domestic loan growth of 5.5%, an average net interest margin of 2.07%, a non-interest income ratio of 25.1%, and a cost-to-income ratio (CIR) of 44.7%.
Considering the support of lower crediting costs, that is 22 basis points, lower than the 23 basis points in 2023, we have raised our core net profit growth expectation from 6.8% to 7.8%, while the average return on equity (ROE) of the banking industry is expected to be 10.4%.
Question: Can maintain low inflation this year.
Analysts pointed out that the overall inflation rate last year was 2.5%. The bank's economists have already lowered their inflation forecast for 2024 from the previous 3% to 2%, and they expect inflation for 2025 to be in the range of 2.5% to 3%, due to the expected implementation of targeted fuel subsidies next year.
Although the current deposit interest rate has a positive return, given the prospect of rising inflation next year, it means that the central bank is unlikely to cut interest rates in the short term...
In the latest report of Maybank Investment Banking Research, it is observed that in the first half of this year, the core net profit of the banking industry in our country increased by 9% year-on-year, mainly due to the continuous growth of operating profit by 7% and stable credit costs.
Therefore, analysts maintain a growth forecast of 7.6% for full-year operating profit in 2024.
This is mainly based on the forecast of domestic loan growth of 5.5%, an average net interest margin of 2.07%, a non-interest income ratio of 25.1%, and a cost-to-income ratio (CIR) of 44.7%.
Considering the support of lower crediting costs, that is 22 basis points, lower than the 23 basis points in 2023, we have raised our core net profit growth expectation from 6.8% to 7.8%, while the average return on equity (ROE) of the banking industry is expected to be 10.4%.
Question: Can maintain low inflation this year.
Analysts pointed out that the overall inflation rate last year was 2.5%. The bank's economists have already lowered their inflation forecast for 2024 from the previous 3% to 2%, and they expect inflation for 2025 to be in the range of 2.5% to 3%, due to the expected implementation of targeted fuel subsidies next year.
Although the current deposit interest rate has a positive return, given the prospect of rising inflation next year, it means that the central bank is unlikely to cut interest rates in the short term...
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Good morning mooers! Here are things you need to know about today's market:
●DJIA Closes at Record High, But S&P 500 and Nasdaq Ease
●Malaysia's Quest for a 62,000-Expert Renewable Energy Workforce by 2050
●Surge in Net Purchases by Foreign Investors Hits RM1.4 Billion Last Week
●Stocks to watch: IOI, GDB, Tropicana, KUB Malaysia, Infraharta
- Moomoo News MY
Wall Street Summary
The $Dow Jones Industrial Average (.DJI.US)$ rallied to a r...
●DJIA Closes at Record High, But S&P 500 and Nasdaq Ease
●Malaysia's Quest for a 62,000-Expert Renewable Energy Workforce by 2050
●Surge in Net Purchases by Foreign Investors Hits RM1.4 Billion Last Week
●Stocks to watch: IOI, GDB, Tropicana, KUB Malaysia, Infraharta
- Moomoo News MY
Wall Street Summary
The $Dow Jones Industrial Average (.DJI.US)$ rallied to a r...
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