Author: max

马来西亚Covid-19疫情记录

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* * * 2021.03.31 * * *

Malaysia recorded 1,482 new Covid-19 cases on Wednesday (March 31), bringing the cumulative total to 345,500.

In a tweet, Health director-general Tan Sri Dr Noor Hisham Abdullah said there were seven fatalities, bringing the death toll to 1,272.

Another 1,070 patients were discharged from medical facilities in the country, which means 329,624 people have recovered from the disease.

In total there are 14,604 active cases nationwide.

From this number, 164 are in intensive care units, with 81 requiring ventilation support.

Dr Noor Hisham also said Selangor topped the list of new infections, with 661 new Covid-19 cases recorded.

Penang and Sarawak also recorded cases in the hundreds with 200 and 176 cases, respectively.

In addition, four states recorded cases in the single digits – Labuan with eight, Putrajaya (three), Terengganu (two) and Perlis (one).

Related: Sadly, Covid-19 numbers continue their upward trend

Related: Covid-19: Three new clusters found even with Sarawak’s case numbers on downward trend

Related: Travellers must observe SOP even if they have received full vaccine dosage: Health DG

Source: The Star

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马来西亚Covid-19疫情记录

Posted on by max

* * * 2020.12.31 * * *

Malaysia saw a record number of Covid-19 cases in a single day on Thursday (Dec 31) with 2,525 cases, says the Health Ministry

This brought the total cumulative number of infections in the country to 113,010, with 23,598 of them being active.

The nation also saw eight new deaths.

“1,481 overnight recovery cases take total recoveries to 88,941 cases, five new clusters identified,” said Health director-general Tan Sri Dr Noor Hisham Abdullah (pic).

He said Selangor recorded the highest number of cases with 1,205 or 47.7% of the entire daily cases on Thursday, followed by Sabah (299) and Melaka (239).

From the figure, there were 13 import cases whereas infections that happened in the country stood at 2,512 cases, he said in a press statement.

Dr Noor Hisham also said there are 131 positive cases that are being treated at the intensive care unit (ICU), where 60 of them required ventilator support.

Source: The Star

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Nio, not Tesla, is the better EV stock pick for 2021

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Nio is the better way to profit from China’s growing market for electric cars

Two of the most popular stocks on the planet right now are electric vehicle manufacturers Nio and Tesla. Together, they trade about 200 million share daily, thanks in large part to young individual investors hungry for a piece of the action.

Nio's American depositary receipts have shot up even faster than Tesla's shares this year, but Jeff Reeves thinks Nio's the better stock to buy for 2021.
Nio’s American depositary receipts have shot up even faster than Tesla’s shares this year, but Jeff Reeves thinks Nio’s the better stock to buy for 2021.

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US Portfolio

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Portfolio as of 30 October 2020

Stock Invest Shares Cost Price Profit % Value
CCL 3,944 250 15.78 13.71 (517) (13.1%) 3,428
GE 2,990 300 9.97 7.42 (764) (25.6%) 2,226
NIO 1,326 340 3.90 30.58 9,071 684.0% 10,397
OXY 4,062 312 13.02 9.13 (1,213) (29.9%) 2,849
SAVE 3,588 200 17.94 17.57 (74) (2.1%) 3,514
SIX 1,388 100 13.88 21.62 774 55.8% 2,162
TQQQ 1,737 14 120.47 117.45 (93) (5.3%) 1,644
Invested: 20,000 Cash: 6.38 26,220
Current: 26,226 +31%, +6,226 profit 26,226

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House Passes China Delisting Bill, Sending to Trump for Approval. What That Means For Investors

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The House of Representatives on Wednesday unanimously passed a bill that threatens to delist Chinese companies such as Alibaba Group Holding and JD.com from U.S. exchanges unless U.S. regulators are able to inspect their financial audits within three years.

Of the China-related measures introduced in recent months, the bill could have the broadest impact on investors’ portfolios—though the logistics to implement the measures likely means the fallout won’t be sudden or as drastic as it may sound.

House Passes China Delisting Bill, Sending to Trump for Approval
House Passes China Delisting Bill, Sending to Trump for Approval

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House Passes China Delisting Bill. What That Means for NIO, Li Auto, and XPeng Stock

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The House of Representatives on Wednesday unanimously passed a bill that sets the stage for delisting Chinese companies on U.S. exchanges, including electric-vehicle makers such as XPeng, and Li Auto.

NIO (ticker: NIO) the other highly valued U.S. listed Chinese EV player, believes it’s in compliance with the new law, according to a spokeswoman.

NEO
A NIO EP9 autonomous electric vehicle.

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Southeast Asia stocks’ time to shine finally arrives

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Southeast Asian stocks, hit particularly hard by the shutdown of tourism and other service industries, are making a comeback as optimism grows over a return to travel.

The MSCI Asean Index has surged 14% in an eight-day winning streak, almost double the 7.4% rally in the MSCI Asia Pacific Index over the same period. At its highest since March, the gauge of Southeast Asian shares has narrowed the gap with its peers but still remains down about 14% for the year. The broader Asian gauge is up 8%.

The MSCI Asean Index has surged 14% in an eight-day winning streak, almost double the 7.4% rally in the MSCI Asia Pacific Index over the same period.
The MSCI Asean Index has surged 14% in an eight-day winning streak, almost double the 7.4% rally in the MSCI Asia Pacific Index over the same period.

Investors are jumping on Southeast Asian stocks as part of a global rotation into value and out of growth sectors after positive results from a Pfizer Inc. vaccine boosted sentiment.

Governments across the region are looking to ease social distancing measures, with Singapore and Hong Kong announcing Wednesday they will start an air travel bubble replacing quarantine with Covid-19 testing from Nov. 22.

“The vaccine news opens up sectors under great stress like airlines and hotels, ” Leon Goldfeld, head of multi-asset solutions for Asia Pacific at JPMorgan Asset Management, said in a press briefing Wednesday, speaking about the wider trend. “What we’ve seen is a massive rotation in the market from growth to value.”

The value rotation will likely last three to six months and has “some room to run, ” he added.

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GE stock is on a tear ahead of earnings, as analysts tout it as a COVID-19 vaccine play

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GE has outperformed its industrial peers in October, as the stock rose to a more than 4-month high before pulling back

Shares of General Electric Co. surged to the highest price seen in four months before pulling back, as Wall Street has gotten a little more optimistic on the outlook ahead of the industrial conglomerate’s earnings report.

General Electric Co.
General Electric Co.

The stock GE climbed as much as 4.0% to an intraday high of $8.03, the highest price seen since June 9, before pulling back to trade down 0.7%. It has still soared 23.0% in October, making the stock the best month-to-date performer among the SPDR Industrial Select Sector exchange-traded fund’s XLI components, and the fourth-best performer in the S&P 500.

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Occidental Petroleum: The Casino Opens

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Summary

  • The worst may be over for Occidental.
  • Occidental probably needs at least average WTI prices in the next fiscal year and the years after that to deleverage.
  • Coronavirus demand destruction and the OPEC price war changed a viable deleveraging plan into a very speculative one.
  • In more normal industry times, the preferred stock requirements and additional debt would have been more than offset by the cash flow of the acquired properties.
  • The debt due schedule went from routine to extremely challenging. So far, management has been up to the challenge.

Occidental Petroleum (NYSE:OXY) appears to have weathered the worst of fiscal year 2020. Now, if the company can get the original deleveraging program back on track, then there is still a good chance for the company to benefit from the acquisition.

No one saw the coronavirus demand destruction when the bidding for Anadarko Petroleum began. Had that been the case, obviously, the bidding, if any, would have been very different.

Now, though, it might be time to look at the “casino stocks” that have a reasonable chance of heading towards investment-grade designation.

Occidental Petroleum is one of those stocks.

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