Freckled model

- A + A KUALA LUMPUR (May 18): Country Heights Holdings Bhd (CHHB) informed Bursa Malaysia on Wednesday (May 18) that it was not aware of any corporate development that would have caused the sharp fall in its share price. The group also stressed that it is in compliance with the Bursa Securities Listing Requirements on immediate disclosure obligations. CHHB had opened one sen higher at RM1.20 but thereafter inexplicably nosedived on heavy trading volume to 83.5 sen — dropping 35.5 sen or 30% — hitting limit down and triggering an unusual market activity (UMA) query by Bursa Malaysia. The company is valued at RM247.99 million based on the stock price of 83.5 sen. In late April this year, the group said it intended to invest about RM250 million in capital expenditure (capex) for the next five years following its partnership with Beijing Wodong Tianjun Information Technology Co Ltd (JD.com) to develop an omnichannel business model in Malaysia. CHHB managing … [Read more...] about Country Heights says not aware of reason for UMA

Bill Ackman stressed on the need for self-regulation in the cryptocurrency industry. American investor Bill Ackman has said that schemes like Luna are a threat to the whole cryptocurrency ecosystem. His remark came after Luna, the sister token of stablecoin TerraUSD, crashed 100 percent on May 13. Bill Ackman said in a Twitter thread that to him, the algorithm of Terra seemed like a " crypto version of a pyramid scheme". "Investors were promised 20% returns backed by a token whose value is driven only by demand from new investors in the token," he added. "There is no fundamental underlying business." When I read about the ‘algorithm’ of @terra_money it sounds just like a crypto version of a pyramid scheme. Investors were promised 20% returns backed by a token whose value is driven only by demand from new investors in the token. There is no fundamental underlying business. — Bill Ackman (@BillAckman) May 17, 2022 Close Ackman said Luna gained … [Read more...] about Investor Bill Ackman’s take on the Terra Luna crypto crash

There are literally thousands of publicly traded companies you can invest in, not to mention the many ETFs and mutual funds you can buy, so it's not surprising many investors don't know where to begin. While I don't have a crystal ball that tells me what stocks will deliver the best returns, I've tried to do the next best thing here. In this article, I'll discuss 10 stocks that I think could be great buys in 2022 for long-term investors looking to put money to work. Before we get to the stocks you're here for, let's acknowledge three caveats: Choosing the best stocks to buy today heavily depends on your personal financial situation. To get a feel for where you stand, read our guide on how to invest in stocks . It walks you through topics such as establishing an emergency fund, allocating assets, and when it makes sense to buy stocks. I like these stocks for long-term investments. I have absolutely no idea what they'll do over the next few weeks or months. While I ensured … [Read more...] about The Top 10 Stocks to Buy in 2022

Black box data on crashed China Eastern 737 suggests possible “intentional nosedive” Investigators are now examining further if the crash of China Eastern Airlines 737-800 on March 21 was indeed due to “intentional action on the flight deck”. The early reports say that there is, so far, no evidence of a technical malfunction. The Wall Street Journal reported this week that flight data from one of the two “black boxes” on the Boeing jet indicated that “someone in the cockpit intentionally crashed the plane”. The comments were made by people the WSJ cited as “familiar with the preliminary assessment by US officials”. US National Transportation Safety Board officials have been working with engineers from Boeing and investigators from the Civil Aviation Administration of China since the crash. Boeing, the US manufacturer of the jet, has so far declined to comment on the early leaks and, instead, referred all questions to the Chinese regulators. At this stage, the CAAC, … [Read more...] about Thailand News Today | Crashed China eastern flight possible “intentional nosedive”

The Hotline mailbag is published each Friday. Send questions to [email protected] or hit me on Twitter: @WilnerHotline. Due to volume — and in some cases, the need for research — not all questions will be answered the week of submission. Thanks for your understanding. Some questions have been edited for clarity and brevity. If California Senate Bill 1401 is passed into law, what will be the impact on Pac-12 schools? Will it impact all Power Five schools? — @TerryTerry79 Impossible to know, but we can take our best guess … If forced by law to pay athletes for services rendered , Stanford, Cal and possibly UCLA will give serious thought to removing themselves from the major college football scene. Influential voices on each campus are already opposed to the current state of play — or should we say, pay-for-play. Diverting revenue to football and basketball, and away from the Olympic sports, would prompt an existential crisis on each campus … and … [Read more...] about Hotline mailbag: The impact of SB-1401, the NIL donor hierarchy, Schulz’s future, Edwards’ fate, Kelly’s recruiting and more

During the past couple of weeks, several companies have announced significant layoffs, Cameo and Robinhood , among others. Similarly, Meta announced a hiring freeze, and Uber's CEO mentioned that from now on, hiring is going to be a "privilege." The main driver here is the sense of a recession in the air. From the significant drop in the valuation of recently IPO'd tech firms to the urgency in the Fed's actions, the general sense is that the euphoria of private firms' valuations and $100 million seed rounds are a thing of the past. Over the past few years, most startups have invested heavily in growth, but they are still far from being profitable, so most will soon see a need to raise additional funds. Since the previous funding rounds were probably raised on inflated valuations, raising additional funds will likely require taking a "down round," impacting current investors and further diluting the founders. So the question every founder and operator … [Read more...] about As Talk of a Recession Looms, Here’s What to Consider Before Laying Off People to Cut Costs