To The Moon

The foreign exchange market has been calm in the past few years. The large shock mode of the the US Dollar Index has caused most currencies to trade in a range mode. However, there are also outliers among them. The yen continues to fall and set a new historical low, but it is still not intervened by the central bank. What is the reason behind allowing the yen to fall?From the trend of the yen in CME group, it can be seen that the historic low has been moving down in the past few months, which also includes the macro environment where the Bank of Japan has begun to tighten. Looking forward, the Bank of Japan also briefly intervened in the foreign exchange market in 2022-2023, but the intensity was relatively limited, and the yen also rebounded slightly before sinking again.Obviously, from t

$Keppel(BN4.SI)$   Keppel Limited, previously Keppel Corporation is a Singaporean conglomerate headquartered in Keppel Bay Tower, HarbourFront. The company consists of several affiliated businesses that specialises in property, infrastructure and asset management businesses. Things To Take Note: Keppel's Q1 revenue is down 6.3% to S$1.5 billion; legacy O&M assets a drag on net profit. Net profit down; but if these legacy assets were excluded, it would be up, driven by stronger performance in the infrastructure and connectivity segments. Shares in Keppel closed 8 cents higher or 1.14% up at $7.11 on April 24. Shares of Keppel dropped as much as 3.8 per cent in early trading on Thursday (Apr 25) after reporting lower year-

Tesla’s ($Tesla Motors(TSLA)$) Q1 earnings release came with few surprises, given that sales of the company’s products were already flagged as having been in decline. Relative to the same period in the previous year, Tesla’s revenue fell 9% with automotive revenue in particular down 13%. Pass-through line items were far more affected. While operating expenses and capital expenditures rose 37% and 34% respectively, adjusted EBITDA dropped 21% while earnings per share dropped 55%. The company’s damaging price war with other EV makers has been particularly damaging, as evidenced by its gross margin falling 18%. Given that EVs are no longer niche and Tesla’s current catalogue is facing stiff competition and “brand fatigue”, the doldrums seen are both

$KepPacOakReitUSD(CMOU.SI)$ Basic Profile & Key Statistics Key Indicators Performance Highlight Gross revenue and NPI remain similar YoY. However, income available for distribution declined due to higher finance costs.  Rental Reversion Rental revision for 1Q is at -1.4%. Related Parties Shareholding The directors of the REIT manager hold a relatively high proportion of shares whereas the sponsor holds a relatively low proportion of shares. Lease Profile The lease expiry is well spread, and all properties are freehold. However, the committed occupancy rate is relatively low. Debt Profile All debts are unsecured. However, the gearing ratio is relatively high, and there is a low proportion of fixed-rate debt. Diversification Profi

Is The Phrase “Sell in May and go away” an Urban Legend? April 29, 2024 By EWFLuis The phrase “Sell in May and go away” originated in England in 1776, more specifically in London’s financial district. The full version of the saying was “Sell in May and go away, come back on St. Leger’s Day,” referring to the St. Leger’s Day horse race (September 15th). This adage got famous in 1930s. It is based on the historical pattern that stocks tend to underperform from May to October compared to the other half of the year. The pattern was popularized by the Stock Trader’s Almanac. But how reliable is to sell in May each year and return at the end of September to buy? Is the market underperforming in this period of time or are we losing buying opportunities? In this article we are going to r