BARAKAH Stock Forum

Good morning mooers! Here are things you need to know about today's market:
●Nvidia shares take a breather as US stock market rally pauses
●PM Anwar to visit Germany from March 10-15
●Stocks to watch: Top Glove, IHH Healthcare
-moomoo News MY
Wall Street Summary
After leading the US stock market to record highs, Nvidia's shares took a pause as investors debate whether the stock has reached frothy levels...

Good morning mooers! Here are things you need to know about today's market:
●U.S. stocks close at year highs, market looks towards FOMC decision
●Strong 4Q on the cards
●Construction companies set to benefit from big infrastructure projects
●Malaysia's palm oil stocks falls 1.09% to 2.42 mln tonnes in November
●Bursa Malaysia Derivatives launches first currency futures contract
●Stocks to watch: CLMT, Yinson, Malakoff
-moomoo Ne...

From a ROE perspective, except for 2023, Barakah ROE was lower than those for my 2 reference Bursa energy services companies – Dayang and Deleum.
The only except was for 2023 where Barakah posted a 40% ROE. This seemed like a turnaround after the negative ROE of 177 % in 2022.
But when I dug deeper, this positive 40% was because it had an after-tax loss of RM 4 million divided by a negative equity. It was a positive 40% due to arithmetic.
Mora...