#Gloves
Capacity and (global market share) of China’s top three players (Intco, Blue Sail, Zhonghong Pulin) in nitrile gloves:
2023: 85b/year (32%)
2019: 20b/year (7%)
Capacity and (global market share) of China’s top three players (Intco, Blue Sail, Zhonghong Pulin) in nitrile gloves:
2023: 85b/year (32%)
2019: 20b/year (7%)
SAB (KLSE: 5134, RM3.60) has an estimated realisable asset value of RM19/share....
It is still at a 50% discount after discounting its discounted valuation....
https://klse.i3investor.com/web/blog/detail/bursastocktalk/2024-05-17-story-h-161611959-SAB_Still_at_a_discount_after_discounting_its_discounted_valuation
It is still at a 50% discount after discounting its discounted valuation....
https://klse.i3investor.com/web/blog/detail/bursastocktalk/2024-05-17-story-h-161611959-SAB_Still_at_a_discount_after_discounting_its_discounted_valuation
I3Investor
SAB: Still at a discount after discounting its discounted valuation.
#KENANGA
Despite making impairment provisions for the abnormal sell-down on selected counters in January 2024, Kenanga reported an earnings improvement of 122.8% year-over-year and 3.4% quarter-over-quarter, respectively.
Hopefully, the bullish market and active trading volume will continue into the second half of 2024.
Kenanga paid a dividend of 7 sen per share for 2023. What can investors expect for 2024?
Despite making impairment provisions for the abnormal sell-down on selected counters in January 2024, Kenanga reported an earnings improvement of 122.8% year-over-year and 3.4% quarter-over-quarter, respectively.
Hopefully, the bullish market and active trading volume will continue into the second half of 2024.
Kenanga paid a dividend of 7 sen per share for 2023. What can investors expect for 2024?
The Company does not expect
further credit provisions that would significantly impact equity broking’s financial performance for the rest of the year.
For the investment and wealth management division, which I see as the crown jewel of the group, asset under administration has improved further from RM21.7b a quarter ago to RM22.8b. (2014: RM5.45b)
further credit provisions that would significantly impact equity broking’s financial performance for the rest of the year.
For the investment and wealth management division, which I see as the crown jewel of the group, asset under administration has improved further from RM21.7b a quarter ago to RM22.8b. (2014: RM5.45b)
Malaysia is no.1 in....
Eating microplastics
About 500mg a day
#loveourenvironment
#doourpart
#toomanycarsontheroad
#unsustainablefuelprice
Eating microplastics
About 500mg a day
#loveourenvironment
#doourpart
#toomanycarsontheroad
#unsustainablefuelprice
Bursa Stock Talk
Thought the government would do it after the Sg Bakap by-election. It is an unpopular move but it brings short term pain for long term gain.
Will the reduction in fuel subsidy convince the market that the government is committed to reducing the budget deficit?
Could this result in a stronger Ringgit, leading to increased purchasing power for Malaysians?
Will this benefit the stock market, given that historically, the stock index has shown a positive correlation with the strength of the Ringgit?
Could this result in a stronger Ringgit, leading to increased purchasing power for Malaysians?
Will this benefit the stock market, given that historically, the stock index has shown a positive correlation with the strength of the Ringgit?
https://www.theborneopost.com/2024/06/07/premier-proposed-new-airport-deep-sea-port-to-turn-sarawak-into-aviation-shipping-hub-in-region/
#Sarawak
#Sarawak
Borneo Post Online
Premier: Proposed new airport, deep sea port to turn Sarawak into aviation, shipping hub in region
KUCHING (June 7): Plans to develop a new international airport and a deep sea port in Kuching would turn Sarawak into an aviation and shipping hub in the region, says Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg. He said the two infrastructures would…
Bursa Stock Talk
#KENANGA The market cap of KLSE hits a record high of RM2 trillion. The FBMKLCI closed above 1,600, signaling positive momentum. Trading activities on KLSE have picked up significantly. Is it time to relook at Kenanga? While there is concern about…
#KENANGA
#Breakout
Despite an impairment of RM5.7m due to credit losses arising from limit-down incidents in January 2024, Kenanga reported stellar 1Q24 results with a net profit of RM22.8 million (EPS 3.15 sen).
Given the more vibrant market in 2Q24, it is not unreasonable to expect Kenanga to report even stronger results in 2Q24
#Breakout
Despite an impairment of RM5.7m due to credit losses arising from limit-down incidents in January 2024, Kenanga reported stellar 1Q24 results with a net profit of RM22.8 million (EPS 3.15 sen).
Given the more vibrant market in 2Q24, it is not unreasonable to expect Kenanga to report even stronger results in 2Q24