Management claimed the recovery will be in 2H 2024...i think many tech companies' management made the same claim. The 2H 2024 should be a good period for Bursa's tech companies.
European Central Bank cuts main interest rate by 0.25 points ECB reduces rate to 3.75% across eurozone, putting it ahead of US Federal Reserve and Bank of England
Frozen out by tariffs in Europe and the United States, Chinese electric vehicle makers are poised to penetrate further into Southeast Asia, where the market value for cleaner cars is approaching US$100 billion
The Board of Directors of JHM (“Board”) is pleased to announce that its 52% owned subsidiary, JHM Dekai Auto Lighting Sdn. Bhd. had secured contracts from Perusahaan Otomobil Nasional Sdn. Bhd. (“Proton”) for the supply of parts for specific Proton car models to Proton (“Contract”).
(i) The supply of parts is expected to commence in the late third quarter of the financial year ending 31 December 2025 and will continue for a duration of five (5) years; and
(ii) The total estimated value of the Contract is approximately RM300 million for the abovementioned duration.
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....
gooman
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Posted by gooman > 2024-03-25 20:00 | Report Abuse
Iron Ore Holds Best Weekly Gain Since September on China Outlook
Iron ore held its largest weekly advance in six months on quietly increasing optimism over the chances of an economic recovery in top consumer China..
https://www.bloomberg.com/news/articles/2024-03-25/iron-ore-holds-best-weekly-gain-since-september-on-china-outlook