Morgan Stanley says TSMC could hike leading-edge wafer prices across the board next year

https://semiwiki.com/forum/index.php?thread...ext-year.20685/

Big day in the SIX market. Nestle and Roche reporting earnings at 1pm Malaysia/SG/HK time today.

Nestle: https://www.nestle.com/media/mediaeventscal...lf-year-results

Roche: https://www.roche.com/investors/updates/inv...date-2024-07-18

All eyes on the Helvetica Confederation!

Bad news for Nestle lol



https://www.bloomberg.com/news/articles/202...-rises-ease-off

FT Opinion | Luxury goods

The luxury industry is falling from its elevated heights
Labels from Gucci to Burberry are struggling as aspirational shoppers pull back from extravagance

by John Gapper (AN HOUR AGO)

https://archive.ph/v3fVq

30k MYR is due to the FPX limit?

But in any case sure why not, the SG bank route should be cheaper than the Wise route though...

IBKR started charging GST on IBKR LLC users who are SG tax residents lol

https://www.reddit.com/r/singaporefi/commen...d_charging_gst/

Luckily I am still registering my identity with my Malaysian passport and never tell them my SG FIN number.

It's good to be BOTH MY and SG tax residents eh

-------------------------------------

Medufsaid can you help confirm if recurring investment on UCITS are still as low as 0.18 USD, or they have raised it to the standard 1-2 USD per trade charges?

This post has been edited by TOS: Jul 28 2024, 11:56 AM

Yup. So there is no point doing recurring investment now right, given the same commissions charged as a typical ETF purchase on LSE?

FT Opinion | Lex

Management consultants are the main group profiting from AI
Companies in need of guidance create new opportunities for consultancy industry

https://archive.ph/RAX4M

FT Opinion | Inside Business

Citi feels the heat over India’s job numbers
Reaction to forecasts by the bank point to the political sensitivity of research in the country

by Chris Kay (Yesterday)

https://www.ft.com/content/dcb200fd-7621-4b...14-b5a4aa2ce7ea

https://archive.ph/daqVw

Very detailed breakdown and explanation of NVDA's Blackwell roll out delay: https://www.semianalysis.com/p/nvidias-blac...worked-shipment

https://semiwiki.com/forum/index.php?thread...ign-flaw.20725/

lol they have always been manipulated. After 5 years of investing, you realize one thing: Companies delay bad news to be released as late as possible, and good news will always come out first.

So, these days I take company announcements with a pinch of salt. Just buy an index fund in an efficient market like the US and call it a day... Use the extra time that would otherwise have been spent on researching individual stocks to date with girls... Way more "fulfilling" and enjoyable.

Warren Buffet can storm into boardrooms and compete for directorship positions, we lay investors can't do anything except sell when the ship has sailed...

It's never a fair game. You realize that after some time.

This post has been edited by TOS: Aug 6 2024, 11:29 AM

By the way, for those who like to eat Pringles potato chips:

https://archive.ph/5mZYA

Also for those doing overnight trading, Blue Ocean is not available yesterday and today: https://www.reddit.com/r/interactivebrokers...ctly/?rdt=65224

https://finance.mingpao.com/fin/instantf/20...%9d%95%e9%8c%a2

Too bad can't buy the dip during Asian hours yesterday... the prices were juicy.

IBKR Overnight trading service back to normal. Just try out swing-trading NVDA and make 1.21 USD after fees and commissions lol

The wide bid-ask spread on the Blue Ocean ATS allows for profit opportunities if a script can be written to automate the intraday swing trade process repeatedly.



This post has been edited by TOS: Aug 7 2024, 10:45 AM

Novo Nordisk results: https://www.novonordisk.com/investors/finan...tml#results2024

Reuters Explainer: The yen’s rollercoaster ride

The Bank of Japan’s interest rate rise last week rattled markets, triggering an unwinding of yen-funded carry trades. Here’s a look at how the BOJ has shaped the yen’s value over time.

https://www.reuters.com/graphics/JAPAN-YEN/...ER/xmvjnxjmbvr/

IBKR doesn't have license with SC Malaysia, impossible to allow trades that settle in MYR lah... MYR can only be hedged onshore some more...

Heyo, I am about to open a directly-registered share account with Air Liquide.

I emailed Air Liquide shareholder service department this morning, and submitted the proof of details for my Wise EUR account and they accepted that!

I am not yet a shareholder but they begin their email with "Dear shareholder"

Lovely French...

Damn, I just realize France has a 0.3% Financial Transaction Tax on purchases of securities... (on top of the 0.1% brokerage fee...)

Hmm anyone purchase French stock before? Can share if IBKR charges the 0.3% FTT on your purchase of French stocks?

Pretty sure there must be some LVMH and Hermes shareholders here...

lol just trying to experience French hospitality

There is an alternative actually: buy via IBKR, then convert from bearer shares to intermediate registered shares via IBKR. But I am not sure how much IBKR will charge for this sort of conversion-based corporate action. Probably some hefty penalty...

That said, I like the treatment of Air Liquide towards retail investors. The IR team goes deep enough to show their care about retail shareholders.

This can be seen in their IR page very clearly: https://www.airliquide.com/investors/indivi...ide-shareholder

There are even shareholder factsheets covering topics from buying/selling via Air Liquide directly to dividend withholding taxation etc.: https://www.airliquide.com/investors/indivi...ntial-documents

And based on my engagement with their shareholder support team at CACEIS so far, I am pleased with their swift and professional response.

French standard eh... can't resist

You don't have to pay anything to open a shareholder account, nor is there a need to pay any maintenance charges. Good to explore lah. Best case, buy shares and swallow the 0.4% brokerage fee, hold for years, enjoying free bonus and increasing dividends... Worst case, just leave the account as it is.

As for funding issue, I can send EUR from IBKR to Wise EUR account details via SEPA, then SEPA again from Wise to Air Liquide's CACEIS corporate bank account.

Might take days though the whole process should be entirely free of charge.

(Ahem... check out slide 15 of 18 https://www.airliquide.com/sites/airliquide...sheets-2024.pdf )



Good for you if you have kids Register shares in their names and they will remember since toddler age to buy Air Liquide stock when they grow up!

This post has been edited by TOS: Aug 9 2024, 10:43 PM