Hezhong investment holding company limited

This article first appeared in The Edge Malaysia Weekly, on August 1, 2022 - August 07, 2022. - A + A Small and medium enterprises have put capital expenditure on hold despite the reopening of the economy BUSINESS activities in the country have been in full swing for several months now, after two years of pandemic-induced movement restrictions. Demand has been strong since borders reopened, but the rising cost of raw materials, global economic uncertainties and, more pressingly, labour shortages have impacted the business growth of small and medium enterprises (SMEs). Usually, strong orders from clients mean that business owners will start thinking about making investments to meet the demand. However, at this point in time, very few SMEs are considering capital expenditure. “Many of our members are holding back on capital investment despite the pandemic seemingly coming to a tail end. Without certainty in our ability to deliver on orders, or for … [Read more...] about Cover Story: Investment winter hits SMEs

Gateway for merchants grows rapidly in Indonesia, eyes further expansion in Southeast Asia. W hen Tessa Wijaya decided to make a job switch in 2016 from investment banking to an Indonesian electronic payments startup, it wasn’t because the money was better, as she took an 80% pay cut. The native of a small town in West Java says she was okay with the much-reduced salary. “I thought I needed to learn about a new business,” she said. “I took a leap.” It was a highly successful leap for Wijaya and Xendit, the expanding payments gateway for which she became a cofounder and chief operating officer. On top of being a driving force for the company’s growth, the 40-year-old Wijaya is also a passionate advocate for more women in tech; she initiated Xendit’s Women in Tech Indonesia program, where entrepreneurs and tech professionals share experiences in workshops and digital forums. Unlisted Xendit doesn’t disclose its profits, but it has clearly gained the confidence of many … [Read more...] about Xendit COO Tessa Wijaya Makes Success Leap From Investment Banking To Electronic Payments

Share to Twitter Share to Linkedin I’m always shocked when dividend investors ignore tech stocks. Which means I’m shocked a lot, because pretty well all income-seekers do it! That’s because most folks still think of technology as the home of profitless startups, crumbling crypto platforms or zero-dividend names like Tesla TSLA (TSLA) and Amazon AMZN .com (AMZN). But the truth is, big caps dominate the tech space, and on the whole, the sector is sitting on some of the biggest cash hoards on Wall Street. Apple AAPL (AAPL), of course, holds a legendary $202 billion. As of February, that amounted to more than 7% of the cash holdings of all S&P 500 companies! Alphabet, too, holds north of $160 billion. Microsoft MSFT ? $132 billion. The list goes on. The problem? These companies are in no hurry to hand that cash over to us dividend investors. All pay low (or no!) dividends. But there is a “backdoor” way for us to tap … [Read more...] about 3 “Cash Loaded” Funds Almost All Investors Miss (Yields Up To 8%)

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Titan Company on August 5 reported a year on year growth of 1,200 percent or 13 times in its standalone profit after tax at Rs 793 crore in the June quarter. On a sequential basis, the profit increased 61.5 percent. Standalone revenue for the Tata group company rose 176 percent to Rs 8,961 crore. On a sequential basis, revenue rose 23 percent. “The financial year has begun well for us and we delivered a strong performance across our business segments,” said managing director CK Venkataraman. “Despite a challenging macro environment, the outlook for the remaining quarters looks positive and we continue to execute our investment plans in India as well as chosen international geographies.” The revenues and profit surge comes on a low base of last year which was impacted by the COVID second … [Read more...] about Titan profit surges 13 times in June quarter

Share to Twitter Share to Linkedin We are having a Goldilocks moment in American media. We simply can’t decide how much truth we really want. Too many lies can lead to expensive lawsuits, as Alex Jones proved this week with a $49M verdict for spreading misinformation about Sandy Hook. Too much truth, on the other hand, can lead to lawsuits by special interests afraid to have infamous stories made famous, as hundreds of writers have learned ( including this author). Is a healthy midpoint actually possible, or would the news simply lose all meaning? Or can we as consumers bend the news back towards the truth? Jones’ story should be a clarion call for both the right and the left to demand more truth from their storytellers. The future of democracy depends on it. Too Many Lies Last week, Alex Jones was caught lying about the Sandy Hook massacre . On December 14 th , 2012, 26 people were killed by a mass shooter , including 20 children between … [Read more...] about Alex Jones Begs The Question, What’s More Expensive For Media: Lies, Or The Truth?

Share to Twitter Share to Linkedin Last Tuesday, shares of insurance provider Unum Group (UNM) jumped after the company reported better than expected quarterly revenue and earnings. The stock is still very appealing from a value perspective and a fresh buy write on the shares looks attractive today. Read below for details. Unum Group (UNM) - Buy Write Buy 100 UNM Sell to Open 1 September 16 $37.50 Call Execute for Net Debit of $35.55 or lower Chattanooga, Tenn.-based Unum Group (UNM) is the largest domestic disability insurer, with the majority of premiums generated from employer plans. The company also offers long-term care insurance, life insurance, and employer- and employee-paid group benefits, and provides group and individual income protection insurance products in the United States and the United Kingdom. One week ago, Unum reported quarterly results that exceeded analysts’ profit and revenue estimates, and it … [Read more...] about Unum Group Buy Write Offers 5.5% Return Potential Next 38 Days

Share to Twitter Share to Linkedin This options-selling trade on shares of supermarket owner Albertsons ACI Companies (ACI) does not involve a dividend, but it does offer the opportunity to earn 6% over the next 38 days, which works out to 58% on an annualized basis. Please email me ([email protected]) at any time with questions about trades, past positions, or how to use Forbes Premium Income Report , - - J.D. Albertsons Companies (ACI) - Buy Write Buy 100 ACI Sell to Open 1 September 16 $29 Call Execute for Net Debit of $27.35 or lower Boise, Idaho-based Albertsons Companies (ACI) is a leading U.S. food and drug retailer, operating 2,252 grocery stores, 1,726 pharmacies, 402 gas stations, 22 distribution centers and 20 manufacturing facilities in 34 states and D.C. Store brands include Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Acme, and Tom Thumb. Revenue this year is expected to grow 6% to $76.1 billion, … [Read more...] about Hitting The Supermarket For 58% Annualized Return Potential With Albertsons Buy Write

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Reported Consolidated quarterly numbers for Hexa Tradex are: Net Sales at Rs 0.00 crore in June 2022 down 99.93% from Rs. 0.14 crore in June 2021. Quarterly Net Loss at Rs. 4.92 crore in June 2022 down 1337.35% from Rs. 0.40 crore in June 2021. EBITDA stands at Rs. 6.18 crore in June 2022 up 288.68% from Rs. 1.59 crore in June 2021. Hexa Tradex shares closed at 167.05 on August 10, 2022 (NSE) and has given 26.46% returns over the last 6 months and -3.47% over the last 12 months. Close Hexa Tradex Consolidated Quarterly Results in Rs. Cr. Jun'22 Mar'22 Jun'21 Net Sales/Income from operations 0.00 0.01 0.14 Other Operating Income -- -- -- Total Income From Operations 0.00 0.01 0.14 … [Read more...] about Hexa Tradex Consolidated June 2022 Net Sales at Rs 0.00 crore, down 99.93% Y-o-Y

- A + A (Aug 11): One of the last issues in the bankruptcy of Lehman Brothers has been resolved, handing a potentially huge win to a clutch of distressed investors led by Deutsche Bank AG. The UK Supreme Court refused Lehman’s US holding company permission to appeal a ruling that said holders of subordinated notes issued by the defunct investment bank should be paid before other claims. The decision effectively brings to an end years of wrangling over what’s left to pay to creditors some 14 years after its collapse. It could lead to huge payouts for holders of little-known Enhanced Capital Advantaged Preferred Securities issued by Lehman’s UK arm prior to its collapse, which were once considered worthless. The ECAPS issue was one of the very last matters that remained open in Lehman’s long running bankruptcy, in essence deciding in what order some of the final creditors will be paid. Picking clean Lehman’s corpse has kept a legion of accountants, lawyers and … [Read more...] about Deutsche Bank poised for big win as last Lehman legal fight ends

(Image Courtesy: Reuters) There’s no relaxing on the beach this summer for corporate acquirers -- they’ve been busy snapping up technology companies, even after a stock rally over the past two months means the sector isn’t as cheap as it was back in June. Just look at Amazon.com Inc. The retail and cloud-storage giant announced a $3.49 billion deal to buy software company 1Life Healthcare Inc. last month, and last week it said it would pay $1.65 billion for iRobot Corp., maker of the Roomba vacuum. Just 10 days into August, about $13.4 billion of tech-related mergers and acquisitions have been unveiled in North America, according to Bloomberg data, which already would make it the busiest month since May. In the largest deal, buyout firm Vista Equity Partners agreed to buy tax software provider Avalara Inc. for $8.4 billion including debt. “August has historically been a quiet month for M&A, so it is surprising to see such a flurry of deals,” said Larry Feldman, a … [Read more...] about Amazon joins deal revival spurred by lower valuation