US stocks surged on Thursday as upbeat consumer and labour data fuelled a rally, easing recession fears and bolstering investor confidence. Semiconductor stocks outperformed the broader market on Thursday. Semiconductor ETFs, including SOXX and XSD, surged by 4.8 per cent and 5.4 per cent respectively.
Forex will further kill the profit on next quarter probably will end up being negative. Sentiment is not good for tech stock do not simply burn hard earn money.
Compare apple with apple. Sam eng is a much more higher end technology company as compared with UWC. Sam has numerous factories in Penang, Thailand n Singapore with annual turnover above one billion. Sam faces short term challenges. Look at the management and ownersship as well.
The global tourism industry is booming. Emirates SkyCargo has placed a second order in 2024 for five more Boeing 777 Freighters, bringing its total Boeing aircraft order to 249, including 14 freighters.
Analysts have foreseen recovery for Malaysia’s technology sector next year, underpinned by factors including artificial intelligence (AI) infrastructure investments. CIMB Securities said in its recent report that it expects Malaysia’s technology sector revenue to grow by an average of 25 percent in 2025 to 2026 (versus +2 percent in 2024), driven by a broader recovery in the global semiconductor market, underpinned by AI infrastructure investments and a pickup in the inventory replenishment cycle. https://technode.global/2024/12/27/analysts-foresee-recovery-for-malaysias-tech-sector-next-year/
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....
Eggplant
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Posted by Eggplant > 2024-07-10 20:27 | Report Abuse
Collect back if it falls to RM6 and below