Bursa FM Global Logistics suffered in 2023 due to plummeting freight rates. But there seem to be a rate recovery in 2024. With its established market position, diversified operations, and strong financial base, the company should be able to capitalize on this and turnaround FMGL’s current valuation metrics suggest that the stock is undervalued from a cigar-butt investment perspective.
Good morning mooers! Here are things you need to know about today's market: ●Stocks Rise on Nvidia Chip Announcement, FOMC Meeting in Focus ●Bursa Malaysia Opens Mixed Amid Softer Market Conditions ●Stocks to watch: Top Glove, Yinson -moomoo News MY Wall Street Summary Markets climbed Wednesday after the FOMC rate decision, which went as planned: no changes were announced for the Federal Fu...
FM Global Logistics sees acquisitions as a positive growth contributor, with properties' strategic location near seaports and good infrastructure benefiting their multimodal freight services. The acquisitions will also boost the group's warehouse space, enhancing its 3PL capabilities in Malaysia.
Good morning mooers! Here are things you need to know about today's market: ●U.S. stocks edged higher on Monday ●Foreign investors bring RM550.9mil into Bursa Malaysia, highest in 8 weeks ●Malaysia secures RM37.4bil investment commitments in digital sector ●Stocks to watch: Dialog, D&O, Bumi Armada, Astro -moomoo News MY Wall Street Summary Bond yields continued upward, with the yield on the benchmark 10-...
FM Stock Forum
setting camp here….
$FM (7210.MY)$
●Stocks Rise on Nvidia Chip Announcement, FOMC Meeting in Focus
●Bursa Malaysia Opens Mixed Amid Softer Market Conditions
●Stocks to watch: Top Glove, Yinson
-moomoo News MY
Wall Street Summary
Markets climbed Wednesday after the FOMC rate decision, which went as planned: no changes were announced for the Federal Fu...
●U.S. stocks edged higher on Monday
●Foreign investors bring RM550.9mil into Bursa Malaysia, highest in 8 weeks
●Malaysia secures RM37.4bil investment commitments in digital sector
●Stocks to watch: Dialog, D&O, Bumi Armada, Astro
-moomoo News MY
Wall Street Summary
Bond yields continued upward, with the yield on the benchmark 10-...
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