$MGB (7595.MY)$ Summary of MGB Berhad's Q2 2024 Financial Results: 1. Financial Performance - Revenue growth: Revenue increased to RM267,995 thousand in the current quarter (ended 30-Jun-24) from RM232,595 thousand in the same quarter of the previous year. Year-to-date revenue rose to RM485,878 thousand from RM410,354 thousand. - Profit before tax: Increased to RM21,991 thousand in the current quarter from RM16,844 thousand in the corresponding quarter of the previous year...
Amid the global wave of Artificial Intelligence, Malaysia is pushing forward with the construction of data centers. Since the end of last year when NVIDIA collaborated with YTL Power to establish a $4.3 billionAIdata center park, international investment in Malaysian data centers has significantly increased. In early May, Microsoft announced a $2.2 billion investment in Malaysia's AI infrastructure and plans to purchase l...
Malayneum HD
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That's exactly what I thought SUPPOSE to be based on recommendation of companies listed in this article. But the investors still not yet pick up the pace full speed. Still gear 2 it seems in terms of actual sentiments on markets.
Xyno
:
All these data centres have one thing in common; they require massive amounts of electricity for power and cooling of IT equipment making use of power hungry AI processors. With a monopoly in hand, you can easily forecast who will long term benefit from this so as long as they are capable to deliver the electricity demand from the market.
Good morning mooers! Here are things you need to know about today's market: ●Fed's Preferred Inflation Measure May Reignite Interest Rate Cut Talk ●Local Retailers Record 11th Straight Week of Net Selling on Bursa Malaysia ●Johor Plantations Group Plans IPO for 2024 Listing on Bursa Malaysia Main Market ●Stocks to watch: YTL Power, MGB, AMMB -moomoo News MY Wall Street Summary The release of the Federal ...
$MGB (7595.MY)$ Construction outfit MGB Bhd is likely to trend higher after climbing from a low 63.5 sen on 8 Feb 2024 to close at 87 sen on May 17. On a year to date basis, the counter rose 36% to trade near its year high of 91 sen. Resistance targets are at 91 sen and RM1.00. MGB is involved in the construction industry, specialising in constructing design and build projects and general construction What is attractive about this company is ...
The$Bursa Property (0020I.MY)$has recently shown a robust uptrend, with a year-to-date surge of 25.80%, significantly outperforming the$FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$Index of 11.18%. Real Estate Market Transactions Soar in Q1 2024 The Malaysian real estate market witnessed a flurry of activity in the first quarter of 2024, with the volume of transactions exceeding 104,297, marking a 34.3% increase compared to the same...
MGB Stock Forum
Summary of MGB Berhad's Q2 2024 Financial Results:
1. Financial Performance
- Revenue growth: Revenue increased to RM267,995 thousand in the current quarter (ended 30-Jun-24) from RM232,595 thousand in the same quarter of the previous year. Year-to-date revenue rose to RM485,878 thousand from RM410,354 thousand.
- Profit before tax: Increased to RM21,991 thousand in the current quarter from RM16,844 thousand in the corresponding quarter of the previous year...
Since the end of last year when NVIDIA collaborated with YTL Power to establish a $4.3 billionAIdata center park, international investment in Malaysian data centers has significantly increased.
In early May, Microsoft announced a $2.2 billion investment in Malaysia's AI infrastructure and plans to purchase l...
●Fed's Preferred Inflation Measure May Reignite Interest Rate Cut Talk
●Local Retailers Record 11th Straight Week of Net Selling on Bursa Malaysia
●Johor Plantations Group Plans IPO for 2024 Listing on Bursa Malaysia Main Market
●Stocks to watch: YTL Power, MGB, AMMB
-moomoo News MY
Wall Street Summary
The release of the Federal ...
Construction outfit MGB Bhd is likely to trend higher after climbing from a low 63.5 sen on 8 Feb 2024 to close at 87 sen on May 17.
On a year to date basis, the counter rose 36% to trade near its year high of 91 sen.
Resistance targets are at 91 sen and RM1.00.
MGB is involved in the construction industry, specialising in constructing design and build projects and general construction
What is attractive about this company is ...
Real Estate Market Transactions Soar in Q1 2024
The Malaysian real estate market witnessed a flurry of activity in the first quarter of 2024, with the volume of transactions exceeding 104,297, marking a 34.3% increase compared to the same...
$MGB (7595.MY)$
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