Profile - To The Moon

El_Nino

Posts · 1.50KPosts · 1.50K
Following · 0Following · 0
Followers · 0Followers · 0

- El_NinoEl_Nino
  ·2023-03-16
  $Aztech Gbl(8AZ.SI)$ Gg
  2.51K Comment
  7
  Share
  Report
- El_NinoEl_Nino
  ·2023-03-02
  Ok
  Okta Stock Jumps More Than 14% As Earnings Forecast Doubles Expectations
  OkCEO tells MarketWatch that 'small-to-medium businesses are not buying as much as we expected,' abi
  Okta Stock Jumps More Than 14% As Earnings Forecast Doubles Expectations
  3.03K Comment
  1
  Share
  Report
- El_NinoEl_Nino
  ·2023-03-02
  Ok
  Sorry, this post has been deleted
  2.32K Comment
  1
  Share
  Report
- El_NinoEl_Nino
  ·2023-03-02
  Ok
  Japfa's FY2022 Earnings Down By 93% to US$8.2 Mil on the Back of "Global Challenging Environment"
  Japfa has reported a loss of US$35.9 million ($48.2 million) for the 2HFY2022 ended Dec 31, 2022, do
  Japfa's FY2022 Earnings Down By 93% to US$8.2 Mil on the Back of "Global Challenging Environment"
  3.16K Comment
  3
  Share
  Report
- El_NinoEl_Nino
  ·2022-12-10
  $Aztech Gbl(8AZ.SI)$ Knn
  3.51K Comment
  2
  Share
  Report
- El_NinoEl_Nino
  ·2022-10-26
  $DEL MONTE PACIFIC LIMITED(D03.SI)$Knn
  2.56K Comment
  Like
  Share
  Report
- El_NinoEl_Nino
  ·2022-10-26
  $DEL MONTE PACIFIC LIMITED(D03.SI)$Knn
  2.56K Comment
  Like
  Share
  Report
- El_NinoEl_Nino
  ·2022-10-21
  K la
  Fed May Have to Slow Or Stop Balance Sheet Trimming in 2023, Barclays Says
  (Reuters) - The Federal Reserve may have to slow or stop shrinking its nearly $9 trillion balance sh
  Fed May Have to Slow Or Stop Balance Sheet Trimming in 2023, Barclays Says
  3.24K 1
  12
  Share
  Report
- El_NinoEl_Nino
  ·2022-10-21
  $Aztech Gbl(8AZ.SI)$Knn
  2.92K Comment
  Like
  Share
  Report
- El_NinoEl_Nino
  ·2022-10-19
  $Aztech Gbl(8AZ.SI)$Knn
  2.46K Comment
  Like
  Share
  Report

Most Discussed

{"i18n":{"language":"en_US"},"isCurrentUser":false,"userPageInfo":{"id":"3579591519090572","uuid":"3579591519090572","gmtCreate":1616501387783,"gmtModify":1618583335823,"name":"El_Nino","pinyin":"elninoelnino","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.tigerbbs.com/6b1b731af69caf76640812930188d9d2","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":46,"headSize":44,"tweetSize":1498,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":3,"name":"书生虎","nameTw":"書生虎","represent":"努力向上","factor":"发布10条非转发主帖,其中5条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.05.02","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"60.52%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":4,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":11,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"page":1,"watchlist":null,"tweetList":[{"id":9949753680,"gmtCreate":1678921524740,"gmtModify":1678921528418,"author":{"id":"3579591519090572","authorId":"3579591519090572","name":"El_Nino","avatar":"https://static.tigerbbs.com/6b1b731af69caf76640812930188d9d2","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579591519090572","idStr":"3579591519090572"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/8AZ.SI\">$Aztech Gbl(8AZ.SI)$&nbsp;</a>Gg","listText":"<a href=\"https://ttm.financial/S/8AZ.SI\">$Aztech Gbl(8AZ.SI)$&nbsp;</a>Gg","text":"$Aztech Gbl(8AZ.SI)$ Gg","images":[{"img":"https://community-static.tradeup.com/news/d5bb7e49c727113a56b514d75362122a","width":"828","height":"1234"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949753680","isVote":1,"tweetType":1,"viewCount":2506,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9940103578,"gmtCreate":1677729850994,"gmtModify":1677729854313,"author":{"id":"3579591519090572","authorId":"3579591519090572","name":"El_Nino","avatar":"https://static.tigerbbs.com/6b1b731af69caf76640812930188d9d2","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579591519090572","idStr":"3579591519090572"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940103578","repostId":"2316759622","repostType":4,"repost":{"id":"2316759622","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1677714980,"share":"https://ttm.financial/m/news/2316759622?lang=en_US&edition=fundamental","pubTime":"2023-03-02 07:56","market":"us","language":"en","title":"Okta Stock Jumps More Than 14% As Earnings Forecast Doubles Expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=2316759622","media":"Dow Jones","summary":"OkCEO tells MarketWatch that 'small-to-medium businesses are not buying as much as we expected,' abi","content":"<html><head></head><body><p>OkCEO tells MarketWatch that &#39;small-to-medium businesses are not buying as much as we expected,&#39; ability to sell more products to existing customers is helping software company</p><p><a href=\"https://laohu8.com/S/OKTA\">Okta Inc.</a> shares rallied in the extended session Wednesday after the identity-management software company topped estimates by a wide margin, and executives predicted adjusted earnings that were more than double what Wall Street had expected.</p><p>Okta stock (OKTA) rallied as much as 14% after hours, following a 0.2% rise to close the regular session at $71.44.</p><p><img src=\"https://static.tigerbbs.com/b08bda38e17fca4a6bfd0cb9d987e412\" tg-width=\"837\" tg-height=\"852\" width=\"100%\" height=\"auto\"/></p><p>In an exclusive interview with MarketWatch ahead of the company&#39;s conference call, Okta Chief Executive and co-founder Todd McKinnon said the outlook was based on the company&#39;s &#34;mission critical&#34; security products, and the building of its own ecosystem.</p><p>&#34;Small-to-medium businesses are not buying as much as we expected,&#34; McKinnon told MarketWatch, and that&#39;s mostly for macroeconomic reasons. McKinnon said he knows the situation as he had to let go 5% of his own workforce in a reshuffling of the company&#39;s own investments.</p><p>How Okta is able to issue its outlook has everything to do with customer retention, he said.</p><p>&#34;Our business is tilted to upsells and cross-sells vs. new business and it kind of makes sense when people are scrutinizing more things and double-checking every investment on the margin, it&#39;s easier to go with a vendor you already have a relationship with,&#34; McKinnon told Market Watch.</p><p>For the first quarter, the  forecast calls for adjusted earnings of 11 cents to 12 cents a share on revenue of $509 million to $511 million, and full-year earnings of 74 cents to 79 cents a share on revenue of $2.16 billion to $2.17 billion. Analysts surveyed by FactSet had forecast a break-even top line on a per-share basis for the first quarter on revenue of $498.5 million, and 36 cents a share on revenue of $2.15 billion for the year.</p><p>Okta reported a fourth-quarter loss of $153 million, or 95 cents a share, compared with a loss of $241 million, or $1.56 a share, in the year-ago period. After adjusting for stock-based compensation expenses and other items, the company reported earnings of 30 cents a share, compared with 18 cents a share in the year-ago period. Revenue rose to $510 million from $383 million in the year-ago quarter.</p><p>Analysts had forecast earnings of 9 cents a share on revenue of $489.9 million. That was based on the company&#39;s forecast 9 cents to 10 cents a share on sales of $488 million to $490 million when the Street had expected a loss.</p><p>Chief Financial Officer Brett Tighe had revealed a full forecast for fiscal 2024 last quarter: Executives expect to see adjusted profit on revenue of $2.13 billion to $2.15 billion.</p><p>At the end of January, one analyst upgraded Okta to a buy, reasoning that they have &#34;generally happy customers,&#34; and that will come into play as cloud software vendors face budget-constrained customers.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Okta Stock Jumps More Than 14% As Earnings Forecast Doubles Expectations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOkta Stock Jumps More Than 14% As Earnings Forecast Doubles Expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-03-02 07:56</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>OkCEO tells MarketWatch that &#39;small-to-medium businesses are not buying as much as we expected,&#39; ability to sell more products to existing customers is helping software company</p><p><a href=\"https://laohu8.com/S/OKTA\">Okta Inc.</a> shares rallied in the extended session Wednesday after the identity-management software company topped estimates by a wide margin, and executives predicted adjusted earnings that were more than double what Wall Street had expected.</p><p>Okta stock (OKTA) rallied as much as 14% after hours, following a 0.2% rise to close the regular session at $71.44.</p><p><img src=\"https://static.tigerbbs.com/b08bda38e17fca4a6bfd0cb9d987e412\" tg-width=\"837\" tg-height=\"852\" width=\"100%\" height=\"auto\"/></p><p>In an exclusive interview with MarketWatch ahead of the company&#39;s conference call, Okta Chief Executive and co-founder Todd McKinnon said the outlook was based on the company&#39;s &#34;mission critical&#34; security products, and the building of its own ecosystem.</p><p>&#34;Small-to-medium businesses are not buying as much as we expected,&#34; McKinnon told MarketWatch, and that&#39;s mostly for macroeconomic reasons. McKinnon said he knows the situation as he had to let go 5% of his own workforce in a reshuffling of the company&#39;s own investments.</p><p>How Okta is able to issue its outlook has everything to do with customer retention, he said.</p><p>&#34;Our business is tilted to upsells and cross-sells vs. new business and it kind of makes sense when people are scrutinizing more things and double-checking every investment on the margin, it&#39;s easier to go with a vendor you already have a relationship with,&#34; McKinnon told Market Watch.</p><p>For the first quarter, the  forecast calls for adjusted earnings of 11 cents to 12 cents a share on revenue of $509 million to $511 million, and full-year earnings of 74 cents to 79 cents a share on revenue of $2.16 billion to $2.17 billion. Analysts surveyed by FactSet had forecast a break-even top line on a per-share basis for the first quarter on revenue of $498.5 million, and 36 cents a share on revenue of $2.15 billion for the year.</p><p>Okta reported a fourth-quarter loss of $153 million, or 95 cents a share, compared with a loss of $241 million, or $1.56 a share, in the year-ago period. After adjusting for stock-based compensation expenses and other items, the company reported earnings of 30 cents a share, compared with 18 cents a share in the year-ago period. Revenue rose to $510 million from $383 million in the year-ago quarter.</p><p>Analysts had forecast earnings of 9 cents a share on revenue of $489.9 million. That was based on the company&#39;s forecast 9 cents to 10 cents a share on sales of $488 million to $490 million when the Street had expected a loss.</p><p>Chief Financial Officer Brett Tighe had revealed a full forecast for fiscal 2024 last quarter: Executives expect to see adjusted profit on revenue of $2.13 billion to $2.15 billion.</p><p>At the end of January, one analyst upgraded Okta to a buy, reasoning that they have &#34;generally happy customers,&#34; and that will come into play as cloud software vendors face budget-constrained customers.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OKTA":"Okta Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2316759622","content_text":"OkCEO tells MarketWatch that 'small-to-medium businesses are not buying as much as we expected,' ability to sell more products to existing customers is helping software companyOkta Inc. shares rallied in the extended session Wednesday after the identity-management software company topped estimates by a wide margin, and executives predicted adjusted earnings that were more than double what Wall Street had expected.Okta stock (OKTA) rallied as much as 14% after hours, following a 0.2% rise to close the regular session at $71.44.In an exclusive interview with MarketWatch ahead of the company's conference call, Okta Chief Executive and co-founder Todd McKinnon said the outlook was based on the company's \"mission critical\" security products, and the building of its own ecosystem.\"Small-to-medium businesses are not buying as much as we expected,\" McKinnon told MarketWatch, and that's mostly for macroeconomic reasons. McKinnon said he knows the situation as he had to let go 5% of his own workforce in a reshuffling of the company's own investments.How Okta is able to issue its outlook has everything to do with customer retention, he said.\"Our business is tilted to upsells and cross-sells vs. new business and it kind of makes sense when people are scrutinizing more things and double-checking every investment on the margin, it's easier to go with a vendor you already have a relationship with,\" McKinnon told Market Watch.For the first quarter, the  forecast calls for adjusted earnings of 11 cents to 12 cents a share on revenue of $509 million to $511 million, and full-year earnings of 74 cents to 79 cents a share on revenue of $2.16 billion to $2.17 billion. Analysts surveyed by FactSet had forecast a break-even top line on a per-share basis for the first quarter on revenue of $498.5 million, and 36 cents a share on revenue of $2.15 billion for the year.Okta reported a fourth-quarter loss of $153 million, or 95 cents a share, compared with a loss of $241 million, or $1.56 a share, in the year-ago period. After adjusting for stock-based compensation expenses and other items, the company reported earnings of 30 cents a share, compared with 18 cents a share in the year-ago period. Revenue rose to $510 million from $383 million in the year-ago quarter.Analysts had forecast earnings of 9 cents a share on revenue of $489.9 million. That was based on the company's forecast 9 cents to 10 cents a share on sales of $488 million to $490 million when the Street had expected a loss.Chief Financial Officer Brett Tighe had revealed a full forecast for fiscal 2024 last quarter: Executives expect to see adjusted profit on revenue of $2.13 billion to $2.15 billion.At the end of January, one analyst upgraded Okta to a buy, reasoning that they have \"generally happy customers,\" and that will come into play as cloud software vendors face budget-constrained customers.","news_type":1,"symbols_score_info":{"OKTA":0.9}},"isVote":1,"tweetType":1,"viewCount":3031,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940103291,"gmtCreate":1677729841513,"gmtModify":1677729845209,"author":{"id":"3579591519090572","authorId":"3579591519090572","name":"El_Nino","avatar":"https://static.tigerbbs.com/6b1b731af69caf76640812930188d9d2","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579591519090572","idStr":"3579591519090572"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940103291","repostId":"2316676458","repostType":4,"isVote":1,"tweetType":1,"viewCount":2316,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940103625,"gmtCreate":1677729830067,"gmtModify":1677729833364,"author":{"id":"3579591519090572","authorId":"3579591519090572","name":"El_Nino","avatar":"https://static.tigerbbs.com/6b1b731af69caf76640812930188d9d2","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579591519090572","idStr":"3579591519090572"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940103625","repostId":"1128931727","repostType":4,"repost":{"id":"1128931727","kind":"news","pubTimestamp":1677723321,"share":"https://ttm.financial/m/news/1128931727?lang=en_US&edition=fundamental","pubTime":"2023-03-02 10:15","market":"sg","language":"en","title":"Japfa's FY2022 Earnings Down By 93% to US$8.2 Mil on the Back of \"Global Challenging Environment\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1128931727","media":"The Edge Singapore","summary":"Japfa has reported a loss of US$35.9 million ($48.2 million) for the 2HFY2022 ended Dec 31, 2022, do","content":"<html><head></head><body><p>Japfa has reported a loss of US$35.9 million ($48.2 million) for the 2HFY2022 ended Dec 31, 2022, down from the earnings of $321,000 in the same period the year before.</p><p>This brings the group’s FY2022 earnings to US$8.2 million, 93% lower y-o-y.</p><p>The results were impacted by a “global challenging environment” where high raw material costs and limited increases in average selling prices (ASPs) impacted margins. Costs of agricultural commodities increased to record levels in 2022 while the increases in ASPs were constrained by lower consumer purchasing power.</p><p>In addition, the group’s animal protein other (APO) business in Vietnam was also affected by the African swine fever (ASF).</p><p>Loss per share for the 2HFY2022 stood at 1.75 US cents while earnings per share (EPS) for the FY2022 0.40 US cents</p><p>Revenue for the FY2022 increased by 7% y-o-y to US$4.36 billion as the PT Japfa Tbk and APO segments recorded revenue increases.</p><p>Gross profit fell by 12% y-o-y to US$557.5 million as cost of sales grew by 10% y-o-y to US$3.81 billion.</p><p>As at Dec 31, 2022, cash and cash equivalents stood at US$280.4 million.</p><p>“Our FY2022 results reflect a global challenging environment, with inflationary pressures on production costs and other external headwinds, such as ASF in Vietnam. The macro-economic uncertainties of the past year emphasise the importance of having a proven business model, ability to execute and financial discipline, which are the backbone of Japfa,” says Tan Yong Nang, CEO of Japfa.</p><p>“In the near term, we expect the global economic conditions to remain volatile, but we remain optimistic about our long-term growth opportunities based on our position of strength in staple proteins and the growth prospects for protein consumption in our key markets,” he adds.</p><p>A final dividend of 1.0 cent per share has been proposed, down from the total final dividend of 1.5 cents in the year before.</p><p>Going forward, the group expects raw materials to remain high on the back of weather conditions affecting crop production in some countries. The ongoing situation in Ukraine as well as the hikes in interest rates will also increase costs for raw materials.</p><p>“In the near-term, we expect these global external factors to remain uncertain, but we are cautiously optimistic over the solid prospects for staple protein consumption in our markets. In addition, the recent reopening of China is expected to improve prospects in the region, which could drive demand in our markets,” says the group.</p><p>As at 9.11am, shares in Japfa are trading 1 cent lower or 3.33% down at 29 cents.</p></body></html>","source":"lsy1655096814160","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Japfa's FY2022 Earnings Down By 93% to US$8.2 Mil on the Back of \"Global Challenging Environment\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJapfa's FY2022 Earnings Down By 93% to US$8.2 Mil on the Back of \"Global Challenging Environment\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-02 10:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/capital/results/japfas-fy2022-earnings-down-93-us82-mil-back-global-challenging-environment><strong>The Edge Singapore</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Japfa has reported a loss of US$35.9 million ($48.2 million) for the 2HFY2022 ended Dec 31, 2022, down from the earnings of $321,000 in the same period the year before.This brings the group’s FY2022 ...</p>\n\n<a href=\"https://www.theedgesingapore.com/capital/results/japfas-fy2022-earnings-down-93-us82-mil-back-global-challenging-environment\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.theedgesingapore.com/capital/results/japfas-fy2022-earnings-down-93-us82-mil-back-global-challenging-environment","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128931727","content_text":"Japfa has reported a loss of US$35.9 million ($48.2 million) for the 2HFY2022 ended Dec 31, 2022, down from the earnings of $321,000 in the same period the year before.This brings the group’s FY2022 earnings to US$8.2 million, 93% lower y-o-y.The results were impacted by a “global challenging environment” where high raw material costs and limited increases in average selling prices (ASPs) impacted margins. Costs of agricultural commodities increased to record levels in 2022 while the increases in ASPs were constrained by lower consumer purchasing power.In addition, the group’s animal protein other (APO) business in Vietnam was also affected by the African swine fever (ASF).Loss per share for the 2HFY2022 stood at 1.75 US cents while earnings per share (EPS) for the FY2022 0.40 US centsRevenue for the FY2022 increased by 7% y-o-y to US$4.36 billion as the PT Japfa Tbk and APO segments recorded revenue increases.Gross profit fell by 12% y-o-y to US$557.5 million as cost of sales grew by 10% y-o-y to US$3.81 billion.As at Dec 31, 2022, cash and cash equivalents stood at US$280.4 million.“Our FY2022 results reflect a global challenging environment, with inflationary pressures on production costs and other external headwinds, such as ASF in Vietnam. The macro-economic uncertainties of the past year emphasise the importance of having a proven business model, ability to execute and financial discipline, which are the backbone of Japfa,” says Tan Yong Nang, CEO of Japfa.“In the near term, we expect the global economic conditions to remain volatile, but we remain optimistic about our long-term growth opportunities based on our position of strength in staple proteins and the growth prospects for protein consumption in our key markets,” he adds.A final dividend of 1.0 cent per share has been proposed, down from the total final dividend of 1.5 cents in the year before.Going forward, the group expects raw materials to remain high on the back of weather conditions affecting crop production in some countries. The ongoing situation in Ukraine as well as the hikes in interest rates will also increase costs for raw materials.“In the near-term, we expect these global external factors to remain uncertain, but we are cautiously optimistic over the solid prospects for staple protein consumption in our markets. In addition, the recent reopening of China is expected to improve prospects in the region, which could drive demand in our markets,” says the group.As at 9.11am, shares in Japfa are trading 1 cent lower or 3.33% down at 29 cents.","news_type":1,"symbols_score_info":{"UD2.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":3160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9929265206,"gmtCreate":1670682329906,"gmtModify":1676538416376,"author":{"id":"3579591519090572","authorId":"3579591519090572","name":"El_Nino","avatar":"https://static.tigerbbs.com/6b1b731af69caf76640812930188d9d2","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579591519090572","idStr":"3579591519090572"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/8AZ.SI\">$Aztech Gbl(8AZ.SI)$&nbsp;</a>Knn","listText":"<a href=\"https://ttm.financial/S/8AZ.SI\">$Aztech Gbl(8AZ.SI)$&nbsp;</a>Knn","text":"$Aztech Gbl(8AZ.SI)$ Knn","images":[{"img":"https://community-static.tradeup.com/news/d7c3cbe608329966c8304d205d377336","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9929265206","isVote":1,"tweetType":1,"viewCount":3509,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9988862860,"gmtCreate":1666735785751,"gmtModify":1676537795754,"author":{"id":"3579591519090572","authorId":"3579591519090572","name":"El_Nino","avatar":"https://static.tigerbbs.com/6b1b731af69caf76640812930188d9d2","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579591519090572","idStr":"3579591519090572"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/D03.SI\">$DEL MONTE PACIFIC LIMITED(D03.SI)$</a>Knn","listText":"<a href=\"https://ttm.financial/S/D03.SI\">$DEL MONTE PACIFIC LIMITED(D03.SI)$</a>Knn","text":"$DEL MONTE PACIFIC LIMITED(D03.SI)$Knn","images":[{"img":"https://community-static.tradeup.com/news/08617cb8afc8dc0e3fc08d65487a772a","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9988862860","isVote":1,"tweetType":1,"viewCount":2558,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9988862168,"gmtCreate":1666735773454,"gmtModify":1676537795754,"author":{"id":"3579591519090572","authorId":"3579591519090572","name":"El_Nino","avatar":"https://static.tigerbbs.com/6b1b731af69caf76640812930188d9d2","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579591519090572","idStr":"3579591519090572"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/D03.SI\">$DEL MONTE PACIFIC LIMITED(D03.SI)$</a>Knn","listText":"<a href=\"https://ttm.financial/S/D03.SI\">$DEL MONTE PACIFIC LIMITED(D03.SI)$</a>Knn","text":"$DEL MONTE PACIFIC LIMITED(D03.SI)$Knn","images":[{"img":"https://community-static.tradeup.com/news/3d7c986441135b9ce86e2d408046e920","width":"750","height":"1118"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9988862168","isVote":1,"tweetType":1,"viewCount":2560,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9983719920,"gmtCreate":1666317782560,"gmtModify":1676537740103,"author":{"id":"3579591519090572","authorId":"3579591519090572","name":"El_Nino","avatar":"https://static.tigerbbs.com/6b1b731af69caf76640812930188d9d2","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579591519090572","idStr":"3579591519090572"},"themes":[],"htmlText":"K la","listText":"K la","text":"K la","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9983719920","repostId":"1127402451","repostType":4,"repost":{"id":"1127402451","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1666311905,"share":"https://ttm.financial/m/news/1127402451?lang=en_US&edition=fundamental","pubTime":"2022-10-21 08:25","market":"us","language":"en","title":"Fed May Have to Slow Or Stop Balance Sheet Trimming in 2023, Barclays Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1127402451","media":"Reuters","summary":"(Reuters) - The Federal Reserve may have to slow or stop shrinking its nearly $9 trillion balance sh","content":"<html><head></head><body><p>(Reuters) - The Federal Reserve may have to slow or stop shrinking its nearly $9 trillion balance sheet sooner than many now expect, according to a report from Barclays.</p><p>The investment bank&#39;s analysts wrote this week that the current pace of the drawdown likely needs to change in the first half of next year. That&#39;s because if the Fed were to press forward with allowing its balance sheet to shrink, bank reserves would, by the end of 2023, fall to levels that would complicate maintaining firm control of the federal funds rate, the U.S. central bank&#39;s primary tool for influencing the direction of the economy.</p><p>So far, Fed officials have given little guidance as to how long and how far they plan to go with cutting the holdings, noting only that they see it as an extended process heading to an uncertain end. &#34;I don&#39;t know what the final end point is of our balance sheet,&#34; Minneapolis Fed President Neel Kashkari said on Wednesday, but &#34;we have a ways to go.&#34;</p><p>That end state of the process is tricky due to a number of factors. But the biggest uncertainty is that it is unclear when the financial system moves from ample levels of bank reserves to one where they are scarce.</p><p>Scarce reserves mean the federal funds target rate can become volatile, which central bankers do not like. When reserves ran low in September 2019, the Fed was forced to intervene to bolster them through asset-buying and temporary liquidity injections.</p><p>The Barclays analysis arrives as the Fed is tightening its monetary policy stance on two fronts. Its bid to lower inflation, which has been running at 40-year highs, is driving officials to push up their federal funds target rate range aggressively, with increases likely to spill over into next year.</p><p>Withdrawing stimulus has also meant shrinking the size of the Fed&#39;s balance sheet. From a size of $4.2 trillion in March 2020, the holdings peaked at around $9 trillion as of last spring due to bond-buying stimulus efforts tied to the coronavirus pandemic. The Fed started drawing down its holdings by $95 billion per month as of September, with holdings now at $8.8 trillion. Amid that decline, bank reserves have been falling.</p><p>The Barclays report said that due to changes in the financial system, total reserve levels are likely to come under pressure at higher levels, which means &#34;the current level of bank reserves is probably closer to reserve scarcity than might have been the case before 2015.&#34;</p><p>The path the Fed is on right now will likely shave off just over $1 trillion from its balance sheet next year, which means reserves will become an issue for monetary policy before the end of the year, the report said.</p><p>&#34;Our sense is that these changes to the shape and location of the demand curve for bank reserves will mean that the Fed reaches &#39;ample&#39; much sooner than it expects,&#34; hitting that mark in the first half of 2023, the report said.</p><p>The Barclays report acknowledges the Fed could tweak the settings of its rate control toolkit or resort to other measures that could buy it some space on the reserves issue. But those sorts of things only offer a temporary respite, which makes altering the pace of the balance sheet drawdown the more valuable tool.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed May Have to Slow Or Stop Balance Sheet Trimming in 2023, Barclays Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed May Have to Slow Or Stop Balance Sheet Trimming in 2023, Barclays Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-10-21 08:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - The Federal Reserve may have to slow or stop shrinking its nearly $9 trillion balance sheet sooner than many now expect, according to a report from Barclays.</p><p>The investment bank&#39;s analysts wrote this week that the current pace of the drawdown likely needs to change in the first half of next year. That&#39;s because if the Fed were to press forward with allowing its balance sheet to shrink, bank reserves would, by the end of 2023, fall to levels that would complicate maintaining firm control of the federal funds rate, the U.S. central bank&#39;s primary tool for influencing the direction of the economy.</p><p>So far, Fed officials have given little guidance as to how long and how far they plan to go with cutting the holdings, noting only that they see it as an extended process heading to an uncertain end. &#34;I don&#39;t know what the final end point is of our balance sheet,&#34; Minneapolis Fed President Neel Kashkari said on Wednesday, but &#34;we have a ways to go.&#34;</p><p>That end state of the process is tricky due to a number of factors. But the biggest uncertainty is that it is unclear when the financial system moves from ample levels of bank reserves to one where they are scarce.</p><p>Scarce reserves mean the federal funds target rate can become volatile, which central bankers do not like. When reserves ran low in September 2019, the Fed was forced to intervene to bolster them through asset-buying and temporary liquidity injections.</p><p>The Barclays analysis arrives as the Fed is tightening its monetary policy stance on two fronts. Its bid to lower inflation, which has been running at 40-year highs, is driving officials to push up their federal funds target rate range aggressively, with increases likely to spill over into next year.</p><p>Withdrawing stimulus has also meant shrinking the size of the Fed&#39;s balance sheet. From a size of $4.2 trillion in March 2020, the holdings peaked at around $9 trillion as of last spring due to bond-buying stimulus efforts tied to the coronavirus pandemic. The Fed started drawing down its holdings by $95 billion per month as of September, with holdings now at $8.8 trillion. Amid that decline, bank reserves have been falling.</p><p>The Barclays report said that due to changes in the financial system, total reserve levels are likely to come under pressure at higher levels, which means &#34;the current level of bank reserves is probably closer to reserve scarcity than might have been the case before 2015.&#34;</p><p>The path the Fed is on right now will likely shave off just over $1 trillion from its balance sheet next year, which means reserves will become an issue for monetary policy before the end of the year, the report said.</p><p>&#34;Our sense is that these changes to the shape and location of the demand curve for bank reserves will mean that the Fed reaches &#39;ample&#39; much sooner than it expects,&#34; hitting that mark in the first half of 2023, the report said.</p><p>The Barclays report acknowledges the Fed could tweak the settings of its rate control toolkit or resort to other measures that could buy it some space on the reserves issue. But those sorts of things only offer a temporary respite, which makes altering the pace of the balance sheet drawdown the more valuable tool.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127402451","content_text":"(Reuters) - The Federal Reserve may have to slow or stop shrinking its nearly $9 trillion balance sheet sooner than many now expect, according to a report from Barclays.The investment bank's analysts wrote this week that the current pace of the drawdown likely needs to change in the first half of next year. That's because if the Fed were to press forward with allowing its balance sheet to shrink, bank reserves would, by the end of 2023, fall to levels that would complicate maintaining firm control of the federal funds rate, the U.S. central bank's primary tool for influencing the direction of the economy.So far, Fed officials have given little guidance as to how long and how far they plan to go with cutting the holdings, noting only that they see it as an extended process heading to an uncertain end. \"I don't know what the final end point is of our balance sheet,\" Minneapolis Fed President Neel Kashkari said on Wednesday, but \"we have a ways to go.\"That end state of the process is tricky due to a number of factors. But the biggest uncertainty is that it is unclear when the financial system moves from ample levels of bank reserves to one where they are scarce.Scarce reserves mean the federal funds target rate can become volatile, which central bankers do not like. When reserves ran low in September 2019, the Fed was forced to intervene to bolster them through asset-buying and temporary liquidity injections.The Barclays analysis arrives as the Fed is tightening its monetary policy stance on two fronts. Its bid to lower inflation, which has been running at 40-year highs, is driving officials to push up their federal funds target rate range aggressively, with increases likely to spill over into next year.Withdrawing stimulus has also meant shrinking the size of the Fed's balance sheet. From a size of $4.2 trillion in March 2020, the holdings peaked at around $9 trillion as of last spring due to bond-buying stimulus efforts tied to the coronavirus pandemic. The Fed started drawing down its holdings by $95 billion per month as of September, with holdings now at $8.8 trillion. Amid that decline, bank reserves have been falling.The Barclays report said that due to changes in the financial system, total reserve levels are likely to come under pressure at higher levels, which means \"the current level of bank reserves is probably closer to reserve scarcity than might have been the case before 2015.\"The path the Fed is on right now will likely shave off just over $1 trillion from its balance sheet next year, which means reserves will become an issue for monetary policy before the end of the year, the report said.\"Our sense is that these changes to the shape and location of the demand curve for bank reserves will mean that the Fed reaches 'ample' much sooner than it expects,\" hitting that mark in the first half of 2023, the report said.The Barclays report acknowledges the Fed could tweak the settings of its rate control toolkit or resort to other measures that could buy it some space on the reserves issue. But those sorts of things only offer a temporary respite, which makes altering the pace of the balance sheet drawdown the more valuable tool.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":3242,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9983710737,"gmtCreate":1666317769030,"gmtModify":1676537740095,"author":{"id":"3579591519090572","authorId":"3579591519090572","name":"El_Nino","avatar":"https://static.tigerbbs.com/6b1b731af69caf76640812930188d9d2","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579591519090572","idStr":"3579591519090572"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/8AZ.SI\">$Aztech Gbl(8AZ.SI)$</a>Knn","listText":"<a href=\"https://ttm.financial/S/8AZ.SI\">$Aztech Gbl(8AZ.SI)$</a>Knn","text":"$Aztech Gbl(8AZ.SI)$Knn","images":[{"img":"https://community-static.tradeup.com/news/afb31ed475ac99de739ac9bcd5c45c34","width":"750","height":"1183"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9983710737","isVote":1,"tweetType":1,"viewCount":2916,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9983047777,"gmtCreate":1666133543800,"gmtModify":1676537709454,"author":{"id":"3579591519090572","authorId":"3579591519090572","name":"El_Nino","avatar":"https://static.tigerbbs.com/6b1b731af69caf76640812930188d9d2","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579591519090572","idStr":"3579591519090572"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/8AZ.SI\">$Aztech Gbl(8AZ.SI)$</a>Knn","listText":"<a href=\"https://ttm.financial/S/8AZ.SI\">$Aztech Gbl(8AZ.SI)$</a>Knn","text":"$Aztech Gbl(8AZ.SI)$Knn","images":[{"img":"https://community-static.tradeup.com/news/eb120ad2f9e973e50041bdcc0e19b482","width":"750","height":"1183"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9983047777","isVote":1,"tweetType":1,"viewCount":2464,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}