A good person will not simply badmouth a stock. Argue here and there, look low class. No point, make a lot of money also will not be happy. Let people curse here and there because of bad mouthing is not really worth it. The choice is yours.
Details of corporate proposal : Exercise of Options pursuant to ESOS No. of shares issued under this corporate proposal : 89,600 Issue price per share ($$) : 0.6800 Par Value ($$) (if applicable) : 0.000 Latest issued share capital after the above corporate proposal In the following Units : 524,863,544 Issued Share Capital ($$) : Malaysian Ringgit (MYR) 211,836,750.220 Listing Date : 26/08/2024 Remarks: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com N202408233000090EN
Notion did hedge currency, with USD weakness, notion incur forex loss RM 1.1m in Q3 result, cumulative forex loss for 3 Q is about RM 1.2m. Next Q result may incur higher forex loss, may at RM 2m to RM 3m, but is common practice for export business and such heghe forex loss only impact small % of company earning
A fund manager who attended Notion VTec's recent investor briefing informed The Edge that the company mentioned challenges related to negative foreign exchange hedges. In my opinion, many companies hedge in U.S. dollars to manage currency volatility, and there's nothing unusual about Notion's approach in this regard.
HLIB and Nomura's research reports offer strong recommendations, highlighting the company's solid fundamentals and quality. I believe many institutional funds have begun establishing their positions as a result.
Well, I don't know, really. Could be just our weird local tech market, because US tech sector already recovering fast.
Or could be some gangster dumping gang manipulating Msian mr market. In which case SC should be doing some investigation and then taking whatever appropriate action deemed necessary.
The tech stocks meltdown is confirmed about the currency exchange. Those doing exports will be affected due to exchange. You buy materials expensive and sell now cheap due to ringgit appreciation especially Fed confirm rate cuts. As a results quarterly earnings are uncertain lead to sell down on all tech stocks. Remember Fed is yet to announce rate cut.
Vicky The tech stocks meltdown is confirmed about the currency exchange. Those doing exports will be affected due to exchange. You buy materials expensive and sell now cheap due to ringgit appreciation especially Fed confirm rate cuts. As a results quarterly earnings are uncertain lead to sell down on all tech stocks. Remember Fed is yet to announce rate cut. 5 minutes ago
Asia FX firms with Powell in focus; yen rises as BOJ’s Ueda talks rate hikesInvesting.com- Most Asian currencies firmed on Friday as a rebound in the dollar cooled before an upcoming address by Federal Reserve Chair Jer
When some people said Notion will come down to rm1-1.20, they really kena ketuk but this shows anything can happen in the stock market. Most of us are just guessing.
"If you're worried about corrections, then you should not be owning stocks."
To cut a long story short, you should just take out all your money, go to your bank, and plonk everything into a fixed deposit savings account, then you can just go to sleep.
Operators left hot money gone only retailers are playing. Typical Notion style, might rebound but wont last long, price will go down bit by bit until fair price around 60c then stagnant for a long period of time.
Strong support should be around 0.60. Good bargain starts at 0.80-0.90. If this company able to continue grab the AI train, then 2025 and 2026 will be fruitful years.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Ravi Kumar
3,643 posts
Posted by Ravi Kumar > 2 months ago | Report Abuse
CEB business looks like low quality product lol