Bursa Stock Talk
139 subscribers
81 photos
3 files
66 links
Download Telegram
"Mynews has turned profitable since the fourth quarter of FY2023. Barring any unusual seasonal changes and unforeseen circumstances, Mynews is confident that the worst is over and expects that its performance will continue to improve."
How do you interpret this post?
Bursa Stock Talk
Update on Crescendo: https://bursastocktalk.blogspot.com/2024/04/crescendo-potential-beneficiary-of-data.html
Microsoft makes second land acquisition from Crescendo. This time 25 acres for RM132.5m, or RM120 psf
MyDigital ID: Public onboarding to start in May, delayed from March
https://www.thestar.com.my/tech/tech-news/2024/04/03/mydigital-id-public-onboarding-to-start-in-may-delayed-from-march

Will SMETRIC be involved in the back-end systems for MyDigital ID?

“We are one of Southeast Asia’s leading public key infrastructure providers. We help many governments and enterprises to implement back-end systems that will help them issue these digital IDs. So far, in the past we have helped seven out of 10 governments in Southeast Asia, including Singapore, as well as many large companies.” (Edward Law, CEO of Securemetric)

https://www.digitalnewsasia.com/business/edward-law-securemetric-saw-digital-ids-coming-17-years-ago
Bursa Stock Talk
Crescendo is challenging its all-time high of RM3.80, recorded on 22 May 2013
Compare with the previous rally in 2013, the appreciation in the share price this time is more fundamental and sustainable. It is supported by major re-rating catalysts which include JB-Singapore RTS, much stronger S$ against RM, and data centre boom in Johor.
Crescendo hit a new all-time high!
The de-listing of the securities of the Company upon the expiry of 2 market days from the Suspension Date will be deferred pending the decision on the Waiver and Upliftment Application by Bursa Securities.

To this end, Bursa Securities’ decision on the Waiver and Upliftment Application is still pending.

The Board of Awantec also plans to appeal against the suspension in trading of securities of Awantec. An announcement on the appeal against the suspension will be made in due course.
#SMETRIC

The Guppy Multiple Moving Average (GMMA) is a technical indicator that uses 12 exponential moving averages to track price trends and identify changes in trends

When the short-term group of averages (blue) moves above the longer-term group (red), it indicates a price uptrend in the asset could be emerging.
#Education

Chinese schools in Malaysia attracting more children of other races, amid allegations of sowing disunity.

Some of the key points:

“(So many people in the) world speak Chinese and many companies nowadays require Mandarin-speaking candidates,” she said, adding that Chinese schools also place an emphasis on students’ discipline.

It is part of a wider trend across Malaysia. Earlier in March, it was widely reported that all 20 primary one students enrolled at the Si Chin Chinese School located in Bahau, Negeri Sembilan were Malays.

about 20 per cent of students in all Chinese primary schools across the country in 2024 are non-Chinese, up from about 12 per cent in 2010.

The Chairman of the Parent Action Group for Education Malaysia (PAGE) Noor Azimah Abdul Rahim told CNA there was a perception among parents that teachers in Chinese schools were very dedicated to their duties.

The 38-year-old said that the school has facilities such as digital blackboards and large televisions as well as a hall where they can hold their own events, adding that students can choose from a wide range of activities, including a robotics class among others.

https://www.channelnewsasia.com/asia/malaysia-vernacular-schools-education-chinese-tamil-malay-national-unity-4277276
#DXN

Growth stock
Strong net cash
Strong cashflow
PE about 10x
Dividend yield 5.8%
High ROE
DXN.pdf
209.9 KB
Record Earnings, Dividend Increases Further
#Sasbadi

Just reported highest-ever quarterly revenue and second highest quarterly net profit since IPO