In a shocking turn of events, KESM, the world’s largest independent provider of burn-in and test services for integrated circuits, has encountered severe financial turbulence. Once a revenue heavyweight, the company’s earnings plummeted since 2018, primarily due to global supply chain disruptions and geopolitical tensions. Despite holding a robust cash reserve of RM 247 million, its capital allocation strategies have raised eyebrows, as most cash flow is funneled in...
Ongoing trade tensions and semiconductor sanctions between the US and China are driving significant shifts in the geographic production strategies for customers of KESM Industries Bhd (KESM). As such, the group said it is working closely with its customers to remain agile, continuously adjusting its production plans to meet both challenges and opportunities. Releasing its results for the final quarter (4Q24) ended July 31, 2024, KESM pos...
Follow Our Telegram Channel tynkrlab Bursa Malaysia is likely to stage a rebound next week, buoyed by foreign fund inflows and positive market sentiment. The$FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$closed at 1,611.02, marking a weekly gain of 20.93 points. This rise was driven by gains in key sectors such as financial services, energy, and plantations. Standout Performances: • Financial Services: The sector saw a significant boost, rising by 148.71...
The killer switch for China EV is here! The EV tariff will take effective this year with a final tariff rate of 102.5% up from 27.5 now. Not only the direct tariff from China EV, there's also the lithium-ion batteries for EVs which is the heart of EV. In the end, I will share more market trends and investment knowledge in the official Learning group organized by the moomoo Education Team@Invest With CiciEveryone is wel...
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US consumers are destined to suffer the mediocracy of US EV features due to lack of competition. Innovation will step backward in the US. In time, this will render US EVs irrelevant in world markets.
Good morning mooers! Here are things you need to know about today's market: ●Federal Reserve Chair Jerome Powell hints at rate cuts, leading to stock market gains ●Palm oil industry players concerned over limited supply growth, says Public Investment Bank ●Stocks to watch: PLS Plantation, DNeX -moomoo News MY Wall Street Summary On Thursday, Federal Reserve Chair...
KESM Stock Forum
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Once a revenue heavyweight, the company’s earnings plummeted since 2018, primarily due to global supply chain disruptions and geopolitical tensions.
Despite holding a robust cash reserve of RM 247 million, its capital allocation strategies have raised eyebrows, as most cash flow is funneled in...
As such, the group said it is working closely with its customers to remain agile, continuously adjusting its production plans to meet both challenges and opportunities.
Releasing its results for the final quarter (4Q24) ended July 31, 2024, KESM pos...
Bursa Malaysia is likely to stage a rebound next week, buoyed by foreign fund inflows and positive market sentiment. The $FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$ closed at 1,611.02, marking a weekly gain of 20.93 points. This rise was driven by gains in key sectors such as financial services, energy, and plantations.
Standout Performances:
• Financial Services: The sector saw a significant boost, rising by 148.71...
$Dow Jones Industrial Average (.DJI.US)$ +1.24%, $S&P 500 Index (.SPX.US)$+1.54%, $Nasdaq Composite Index (.IXIC.US)$+2.12%. DJIclosed above the key 40,000 level for the first time ever.
Major economic data last week, CPI and retail sales showed weaker than expected result, ignited speculations that the economy is cooling, elevating chances for the Fed to cut rates in the next few months
Over 90% of the $S&P 500 Index (.SPX.US)$ compa...
The EV tariff will take effective this year with a final tariff rate of 102.5% up from 27.5 now. Not only the direct tariff from China EV, there's also the lithium-ion batteries for EVs which is the heart of EV.
In the end, I will share more market trends and investment knowledge in the official Learning group organized by the moomoo Education Team @Invest With Cici Everyone is wel...
●Federal Reserve Chair Jerome Powell hints at rate cuts, leading to stock market gains
●Palm oil industry players concerned over limited supply growth, says Public Investment Bank
●Stocks to watch: PLS Plantation, DNeX
-moomoo News MY
Wall Street Summary
On Thursday, Federal Reserve Chair...
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