WASCO Stock Forum

Good morning mooers! Here are things you need to know about today's market:
●US Stock Indexes Rise on Strong Economic Data, Defying Recession Projections
●Malaysia's Palm Oil Output May Rise 5% with Admission of New Workers
●Malaysia to See Faster Recovery in Tourist Arrivals, Says Maybank IB Research
●Stocks to watch: TNB, YTL Power
-moomoo News MY
Wall Street Summary
Major US stock indexes rose after the latest economic da...

CGS-CIMB Research's 2023-2025 net profit forecasts for Wasco are 14% to 17% above Bloomberg consensus estimates. Despite Wasco's share price increase, the firm believes the stock's valuations remain attractive.

Good morning mooers! Here are things you need to know about today's market:
●US Equity Indexes Rise as Netflix Results Boost S&P 500 and Nasdaq, Tesla Disappoints After Hours
●Bursa Malaysia Defies Expectations, Rises in Early Trading Despite Stumble in US Markets
●Choppy Trading Dominates Kuala Lumpur Bourse as FBM KLCI Tests Key Resistance Level
●Stocks to watch: MISC, IHH
-moomoo News MY
Wall Street Summary...

Wasco is a Bursa energy services company with a volatile ROE over the past decade. It  ranged from negative 34 % to postive 12 % with an average of negative 3%.
Over the same period the ROE of my reference Bursa energy company –Dayang -  ranged from negative 27 % to positive 22 % with an average of positive 5%.
Wasco did not perform as well as Dayang. But Wasco 2023 ROE based on Sep 2023 LTM results show that it is around its historical high. And wit...