need to monitor the yen carry trade, if jpn raise rate, there will be unwinding. fund will all back to US strengthen USD, but of course will route the share market..another is the war, also favour USD as safe heaven.

The main segment is electric car, not domestic is overseas...the reason of reason drop is MYR strengthen, which affect their earning..now USD/MYR is in 4.15 range, how much more can strengthen for MYR do you think ? 3.80 ? Msia government still nothing great coming out..

this is HL grp blue chip tech stock, not easy to go cheap..the 26 level since is good value is 3yr low.

normally, if the major shareholders exit the company carry weight. It means their outlook on the company is negative. Further this is EPF, carry alot of weight.

@TKtiong, the APM had cancel the services and fully recovered the deposit paid. Please advise how you see the director swipe away the fund ?

how many OSAT player in bursa ?

PBT QonQ almost flat aft exclude forex.
This set good base, wait for Tech to fly again. EPF is buying

i believe under Tan Sri leadership, the company will not gone burst. It is just the company had been lay low for a few years back with existing biz model. Only come to recently some biz start turn around and new Data center is the main pipe which push the price up. Anybody mind to share any info on the EPS for the data center in coming few years ?

Lim, we are modern human, forever wont understand language of "Sakai"....let it be..🤣..

MY is going to join BRIC..What do you think US fund will do ?

normally they company will throw everything in last quarter of FY, since they had met the full year target.
@kS5.....is kind of low chap chitskit....dont bother to read his post lar....

The result last night nothing to shout about. They did not mention the profitability of future data center and timeline either. More to pay attention is the Jpnse rate hike news, this potentially another yen carry trade unwinding.

@John, mind to share where to get the short selling data ? recently couples of stock sudden falls due to short sell.

it is the effect of short selling. Esos not significant

Nasdaq still running, Nvidia close to their all time high now. As far as US not yet game over, i dont think Data bull is over...

portfolio rotation likely. the fund move to banking stock, they just follow market momentum. Unless any great news out.

2h is banking play, AI will take a rest.

Sudden drop..faster run before melt down...target 3.50

@Boon Keng. Mind to share these 3 warrant expried date ?

who else in the same file as vitrox ?

YTLP take control Ranhil in July'24. What do you expect for the result ended June'24 ?
More concern is tie the share price movement with Nvidia, which is much more interesting.

quiet in downward trend is good to position nxt up

price dropping with reduce volume..not an issue

the result for Qr 30 June 2024, only due in 31 Aug. You had inside eye ?

got cases ?
sister company iwcity also down.

approval gotten. Limit up 11.00 today.

Nasdaq in correction mode

Frm the usage size reported by The Edge, any idea how much it will translate into Profit uplift in EPS in subsequent year ?

@chloe Tai, mind to share MMC vs Ranhil SAJ, are they in same water biz ? if Ranhil SAJ had claimed they are the sole operator for Johor, then what is MMC selling ?

This result in China cant own its own to produce the needed Chips for world market

the price is taking off again in tendam with US wave. With Donal T be president, China will be hit hard which is good for Malaysia.

today all tech stock down, except Vtrox it stay above the line and maintain strong at 4.50. It seems there are something brewing. ..

JP Morgan is coming, they dont want to be left out too in this AI /DC party :
https://www.cnbc.com/2024/07/11/jpmorgan-upgrades-malaysia-citing-data-centers-and-policy-reforms.html

Johor is the forefront state in coming budget. As monopoly biz in water sector, surely will benefit.

the governm is pushing hard to make the deal gone through, EPF is buying which is good for us. Even the deal fails, Airport is a cash cow, this morning just reported growing visitors into msia..

Johor play theme is definitely there...anything happen in the state certainly need water. But, anybody know the visibility of profitability on the water consumption once 50% of data center up and running ?

Thanks Rose001 for sharing the Youtube. The analyst in the clip had repeatedly mention the management is looking into high value growth, with strong balance sheet and cash flow of Vitrox. It seems hints something is brewing..

Msia will become BRICS country soon..those chipmakers rely on the US market will be affected. Is it correct ?

Europe is going to block China made chips..At the end they need to route through Malaysia.

VTROX flying may be due to this. Let see how MBB response on this

https://www.sinchew.com.my/news/20240708/finance/5746702

those believe the deal will be call off, which is likely..faster sell..

MBB report is purely mentioning some structure change in demand from China which may post challenge to their biz. That is their view. The challenges are everywhere in doin biz. Who know letter what will happen ? Nvidia association, Jenson will simply post others name in their presentation ? ha..ha..

All ths need water, cant run away.

All these need to buy water monopoly by Ranhil. Cant run away.

According to the report, there is potential lower demand from China. But it does not highlight it was associates with Nvidia, which trigger bigger part of the world ? The report sound bias to strengthen ther call.

Khazanah belong to governmet as investment arm.
EPF is all employee money, take charge of fund management to give good return.
This is a investment deals to privatise monopoly biz. Is brainless investment.

Frm my view, as far as Tan Sri YTL boss, you wont go wrong..

Nvidia had finish consolidation in June.
Its assiciate in Msia, Vitox, YTL, YTLP, Ranhill start to fly again soon

fund manager is doing window dressing to push down the price in order to get a better gain in 2H. Their performance mainly on yearly gain, unlike year end they used to push up the price. This happen to most of the tech stock.

Member of YTL family. Wont go wrong.