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We cannot say the reason of high profit growth was due to the gain on written off PPE of Rm202.6mil, if you look back to last year same quarter Q3 itself also have gain on written off PPE about 181.9mil, almost no difference. So, this quarter is really showing explosive growth!
So, I believe tomorrow could have limit up due to FOMO! Wow~~
Super longkang stock x2
Totally agree with Andreew.
I saw Quantum (QMCO) from Nasdaq already boosted up 500% in last 3days!!! Due to launching of new revolutionizing Data Protection product, DXi9200, designed to combat evolving Cybersecurity threats.
Kronologi is using Quantum’s products and technology as the leader in end-to-end data management solutions for the AI era. I expecting Krono share price will follow to go up like QMCO. Disappointing…
1.20 is possible, but eventually it will reach at least 2.00. Today it seems unrealistic, but pls aware that PE now is 10x only. Digital tech stock should average worth 30x PE, and the plus point is China government supported (In the past, it was only supported by Msia government).
Data from the U.S. Energy Information Administration (“EIA”) indicates that U.S. gasoline inventories have unexpectedly dropped to their lowest levels in two years, driven by robust demand and tighter fuel supplies. EIA reports reflect a 6% increase in gasoline demand during the week ending Nov. 8, justifying the strong fuel demand and supporting higher refining margins. With crack spreads anticipated to remain favorable, Phillips 66 PSX, Marathon Petroleum Corporation MPC and Exxon Mobil Corporation XOM are positioned to benefit significantly.
The November 2024 short-term Energy outlook from the EIA forecasts a moderate increase in crack spreads, signaling higher refining margins for products like gasoline and diesel.
