Tag: Investment
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Earnings Watch (US): Zoom, Nvidia
Zoom: Continues its streak of beating expectations Why this is useful for you: Zoom was a darling among investors during the pandemic as it provided video calling services to companies that needed it dearly. However, going into 2024, there are arguments that Zoom might decline considering the pandemic is over.…
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Earnings Watch (Malaysia): Tenaga Nasional, Sime Darby Plantation
Tenaga Nasional: Decent results with a BUY call from the market Why this is useful for you: Tenaga Nasional (TNB) is a proxy for the power generation sector in West Malaysia and it is essentially a monopoly. Its 3Q results will let you know whether TNB is still a good…
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I Evaluated Black Friday to See if There is an Investment Strategy
Is there a viable investment/trading strategy for U.S. companies during Black Friday? Why this is useful for you: Sales for big U.S. retailers typically gain during the Black Friday quarters. This research will examine whether there are opportunities for investors to capitalize on during the Black Friday sales period. Black…
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I Made 30% on AmBank in 2 Years – Here’s How I Did It
Here’s the proof. I invested in AmBank for RM3.10 in August 2021 and exited at RM4.04 in November 2023. The bank that was in the middle of the 1MDB crisis in the late 2010s – AmBank. It has since tried to move away from that image after that. For me,…
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Man’s Struggle for Meaning, Tesla’s ESG, Chevron’s Purchase of Hess, OpenAI, and Earnings Watch for the Week
Why Men Are Struggling to Find Meaning “Boys are struggling to be men, as they lack father figures to guide them”. Find out here why men are struggling to find meaning in life. I Read 224 pages of Tesla’s ESG Repost SO that You Don’t Have To Are you wondering…
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Earnings Watch (China): Tencent, Alibaba
Tencent: Results beat expectations Tencent’s earnings per share (EPS) beat expectations by 10.7% for 3Q 2023. Actual EPS came in at CNY4.66 compared to expectations of CNY4.21, even though revenue of CNY155 billion was a miss by 0.6%. Positively, revenue growth of 10% from a year ago was driven mainly…
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Earnings Watch (US): Roblox, Target
Roblox: Strong results catapult the company upwards Roblox didn’t disappoint this time. Its 3Q 2023 results were definitively strong with bookings of US$840 million exceeding expectations of US$822 million. Roblox registered a revenue of US$713 million for the quarter, a 4.8% increase from the previous quarter. Share price gained by 18.1%…
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Earnings Watch (Malaysia): HL Industries, Malaysia Marine and Heavy Engineering
Hong Leong Industries: Decent Performance Hong Leong Industries (HLI) 1Q 2024 results are out (June-Sep 2023) and decent. First of all, revenue grew by 9% to RM836 million in 1Q 2024 from RM767 million in 4Q 2023. This is good but it did decline by 5.5% from a year ago…
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Open AI CEO Fired
Sam Altman just got fired from OpenAI by the Board. Microsoft and other investors are trying to reinstate him. Yes, the father of ChatGPT just got fired by the board of OpenAI. Here’s what the board OpenAI announced regarding his firing “He was not consistently candid in his communications with…
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Why Chevron’s Purchase of Hess Is Important for You and the Market
Two is better than one, or the combination of two would make for a bigger company in Chevron’s case. It has recently been announced that Chevron is purchasing Hess for US$53 billion. Both are oil & and gas companies in the global economy, with extraction facilities worldwide. In this article,…
Slice of P.I.E 