against sgd no big impact
31/3-3.50182
30/6-3.48031
down 0.6% still high level

epf sold down from 5% to 3%
pnb sold down from 7% to 2%

epf could be buying bac again

many foreign funds already in since Q3 last year. local funds late know late wake up.
william blair investment bought 4.88 mil shares
grantham mayo van bought 5.67 mil
royal london asset management bought 4.20 mil
blackrock now holds 62.4 mil
dimensional fund advisors holds 9.39 mil
american century investment holds 3.96 mil
many more foreign funds
local funds not visible in fact some already cashed out when rising

right policies!

https://theedgemalaysia.com/node/717533
Fund with 24% returns bets on long-term stock rally for Malaysia

another utility giant in the making

Electricity System Reforms. APAC markets, including mainland China, Malaysia, and Taiwan, have implemented significant reforms to their electricity systems. These reforms provide renewable-energy developers with new ways to sell power, including directly to companies, replacing traditional offtake mechanisms such as feed-in tariffs (the price renewables developers are paid for selling power to the grid) and grid-reliant power purchase agreements (PPAs). The reforms encourage innovation and flexibility and boost market efficiencies, thereby creating a more supportive environment for renewables developers.

Regional Power Trading. The growth in cross-border regional power trading is helping to encourage the development of renewable-energy projects. Recent initiatives include the expansion of a regional power grid serving members of the Association of Southeast Asian Nations (ASEAN). In addition, under a renewables pilot project, Singapore is importing up to 100 megawatts of hydropower from Laos via Malaysia and Thailand using existing grid infrastructure. Policymakers in the East ASEAN Growth Area (EAGA) are also developing a legal framework for renewable-energy certificates that promises to boost demand among companies in the EAGA.

i believe ytlp is also looking to expand its footprints in re.

https://www.cnbc.com/2024/07/01/google-invests-in-blackrock-backed-solar-developer-in-taiwan-amid-ai-boom.html

the operating profit and cash flows are strong, could expect higher dividend or will it be used to repay debts?

https://www.nems.emcsg.com/nems-prices
The USEP data here tally with EMA

thanks for sharing @ probability

as sg is thirsty for cleaner and renewable energy, the company is expected to benefit from sg power market

they are importing 100mw from tenaga and seling it to singaporean

Jan Feb Mar Apr May
2024 107.7 135.7 235.1 288.7 240.9

USEP looking good!

Money from dividend being rushed to buy its shares

Money flowing out from gloves to utilities and semicon sectors

the selling pressure will continue till next q results, if there is no positive development

supermax's explanation in the latest q quite frank. no surprises this year and 2025 only can do is cost control and adjustment to depreciation rates. honestly no one knows what is going to happen beyond 2025. glove counters' premium now need more justification.

PM to announce semiconductor strategies later on Tuesday
https://theedgemalaysia.com/node/713247

China creates US$47.5b chip fund to back nation’s firms
https://theedgemalaysia.com/node/713068

supermax will face greater challenges with the US factory

you are not in you are out !

Al transformed products are expected to enter the market in a big way.

Chips market recovery is just starting.

the price was hovering around 3 before the tariff news and in anticipation of a much better q result. assuming the US did not impose the tariff, i think the price would have fallen below 3. just how much the tariff could help to recover back the loss market share, no one has the crystal ball. but one thing quite sure is that one can't be dominant anymore when the chinese is in.

it is no doubt a well managed company

can buy again when it gets low enough

https://theedgemalaysia.com/node/712645
Hartalega to face massive industry oversupply even after 4Q turnaround, say analysts

i remember used to be able to pass through cost from hike in raw material, electricity tariff, labor cost or natural gas but not now when everyone is just running 50%

thought this q higher USD should help but still loss margin. costs really run violent

price will react further after reports by the analyst

Should put your money working harder for you

because not able to pass through higher cost now

not deserve lofty valuation

Not easy

https://www.wsj.com/tech/ai/meta-is-developing-a-new-more-powerful-ai-system-as-technology-race-escalates-decf9451?mod=hp_lead_pos4

https://www.wsj.com/finance/stocks/earnings-estimates-are-rising-a-welcome-sign-for-2023-market-rally-21824c5e?mod=hp_lead_pos5

Inari will gain from china booming ev

Inari will gain from china booming ev

China will only take action if apple makes movement

5 mil workers currently employed in China for apple

Broadcom historically high broke 900 level

Those still think other company wth smal proft or lost the price can rocket

because fear of another ata lor

got also One off ESOS expense 6.3 mil hehehe

I think if make money Silterra no need to pay tax for coming years as it has many losses from the past

Blockchain will be mainstream as it resolves trust issues and security issues

Any other company doing blockchain business in Malaysia?

Why still very low income tax this q.

https://myeg.ph/news/20210216-Landbank-increases-its-OTC-channels-in-partnership-with-MYEG-PH

As a means to provide an ease of doing business to the citizens, The Landbank of the Philippines has added more over-the-counter payment channels, a public service that gives the citizens more options to pay for their government transactions nationwide.

Starting today, people can now settle payments for Police Clearance, POEA-EPS Test Proficiency in Korean (TOPIK), Construction Industry Authority of the Philippines, Overseas Workers Welfare Administration (OWWA), Office of the Ombudsman, and pay for tuition fees from various schools and universities such as Central Luzon State University, Batangas State University, University of the Philippines Diliman, Benguet State University La Trinidad and to 400+ government and private merchants to various malls and groceries such as SM Department Store, SM Savemore, and Robinsons Department Store, as well as to numerous payment centers and pawnshops such as Bayad Center, LBC, Palawan Express, Pay and Go, ExpressPay, M Lhuillier, Cebuana Lhuillier, and many more.

Using Landbank’s Linkbiz portal is easy and simple. No enrollment or registration needed. Citizens can just proceed to https://www.lbp-eservices.com/egps/portal/Merchants.jsp and choose the merchant they’re performing payment for. With 80,000+ payment counters available, users are assured convenience as they can perform various and numerous government transactions anytime, anywhere with no hidden charges.

“MYEG Philippines supports Landbank of the Philippines on its advocacy to provide more payment channels to the citizens so they can have a more convenient and reliable experience on doing government transactions. We would like to provide our assistance and technology solutions expertise so Filipinos can experience quick and transparent government service,” says Ms. Ann Saldaña, MYEG Philippines’ Chief Executive Officer.

Now that more payment options have been given to the citizens, doing government transactions is easier and more convenient. This was made possible in partnership of Landbank & MYEG PHILIPPINES, INC., a market leader in electronic solutions championing government services online automation and has been providing eGovernment services in both Malaysia and the Philippines for the last 18 years through its technology platform encompassing internet, automation, big data and electronic payments, whose clients include the National Bureau of Investigation (NBI), Philippine Health Insurance Corporation (Philhealth), CIMB, and a number of Local Government Units such Ilagan City, and Baler, Aurora.

The document will order the development of a national supply chain strategy, and is expected to call for recommendations for supply networks that are less vulnerable to disruptions such as disasters and sanctions by unfriendly countries. Measures will focus on semiconductors, electric-vehicle batteries, rare-earth metals and medical products, according to a draft obtained by Nikkei.

The U.S. imports about 80% of its rare earths from China, and relies on the country for as much as 90% of some medical products.

https://asia.nikkei.com/Politics/International-relations/Biden-s-Asia-policy/US-and-allies-to-build-China-free-tech-supply-chain