this company is deeply undervalued. Apart from its business and enterprise value, it has a net cash of close to RM 0.50 and many industrial/agricultural lands in selangor/Port Dickson. Business wise, it is growing business with more countries are focusing on energy saving/green energy. 1 of its main export market is China, and China government is pushing hard on energy saving. LED lights will be on demand. Transformer will be always on demand. It is involved in battery charger as well, but, not sure how extensive its involvement in automotive segment.
Good day for a starter position.. if success keeps running that's fine, if not then accumulate. Fundamentals on this stock are acceptable. Price is satisfactory. That puts it very high on the list.
Hi, my Good till date sell order was cancelled this morning with the following message: The order has been cancelled. Feedback: [0 - GT Corporate Actions]. Code: [c] Corporate Actions!!!
What does success is DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : INTENTION TO DEAL DURING CLOSED PERIOD means? i saw this from bursa
The Bank of Canada surprised markets last week when it ended its government-bond-purchase program and moved up the time frame for when it might first raise its benchmark interest rate from its current near-zero level.
Meanwhile, the Reserve Bank of Australia, which has a policy meeting on Tuesday, stunned investors when it declined last week to defend the 0.1% interest-rate target it had set on bond yields that mature in April 2024. Bond investors sold off government debt following the release of a stronger-than-anticipated inflation report.
The RBA’s move fueled expectations that it will scrap the program, known as “yield curve control,” at this week’s meeting. “If so, this is a startling about-face,” said Ben Jarman, an economist at JPMorgan Chase & Co.
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