China's June Solar Installations Plummet as New Rules Take Hold
The country added 14 gigawatts of solar last month, down 85% from a record 93 gigawatts in May, according to data released on Wednesday by the National Energy Administration. It comes after a rush earlier this year ahead of the policy deadline drove China to install more solar capacity in a single month than any other country did in all of 2024, according to BloombergNEF data.
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Yahoo
10 minutes ago
- Yahoo
Those who invested in TH Plantations Berhad (KLSE:THPLANT) five years ago are up 73%
Stock pickers are generally looking for stocks that will outperform the broader market. And while active stock picking involves risks (and requires diversification) it can also provide excess returns. For example, the TH Plantations Berhad (KLSE:THPLANT) share price is up 51% in the last 5 years, clearly besting the market decline of around 0.2% (ignoring dividends). Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). During the five years of share price growth, TH Plantations Berhad moved from a loss to profitability. That's generally thought to be a genuine positive, so investors may expect to see an increasing share price. The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers). We know that TH Plantations Berhad has improved its bottom line lately, but is it going to grow revenue? This free report showing analyst revenue forecasts should help you figure out if the EPS growth can be sustained. What About Dividends? As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. As it happens, TH Plantations Berhad's TSR for the last 5 years was 73%, which exceeds the share price return mentioned earlier. This is largely a result of its dividend payments! A Different Perspective While the broader market lost about 7.5% in the twelve months, TH Plantations Berhad shareholders did even worse, losing 14% (even including dividends). However, it could simply be that the share price has been impacted by broader market jitters. It might be worth keeping an eye on the fundamentals, in case there's a good opportunity. On the bright side, long term shareholders have made money, with a gain of 12% per year over half a decade. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. It's always interesting to track share price performance over the longer term. But to understand TH Plantations Berhad better, we need to consider many other factors. For example, we've discovered 3 warning signs for TH Plantations Berhad (1 is a bit unpleasant!) that you should be aware of before investing here. We will like TH Plantations Berhad better if we see some big insider buys. While we wait, check out this free list of undervalued stocks (mostly small caps) with considerable, recent, insider buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Malaysian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
10 minutes ago
- Yahoo
Indian rupee likely to get a fleeting lift on US trade deals-driven risk rally
By Nimesh Vora MUMBAI (Reuters) -The Indian rupee is poised to open higher on Wednesday, supported by upbeat risk appetite following progress on U.S. trade deals, although traders expect the move to be short-lived based on recent price action. The 1-month non-deliverable forward indicated the rupee will open in the 86.34-86.36 range versus the U.S. dollar, compared with the close of 86.4075 in the previous session. Recent sessions have shown that the rupee's opening strength often fades quickly. Tepid inflows, one-off dollar outflows, importer hedging, and weak near-term technicals have been cited as factors behind the currency's subdued performance by bankers. "Intraday fades (on dollar/rupee) have not been sticking - importers are lying in wait and speculators are not showing up on the sell side," a currency trader at a Mumbai-based bank said. "It's hard to build a case for a move lower, no matter how positive the Asian cues are." The rupee has been depreciating in a slow, orderly fashion, with volatility remaining subdued. Despite slipping to a near one-month low, the 10-day realised volatility has dropped to 2%, the lowest since January. ASIA RALLIES Asian currencies and equities climbed on Thursday following more positive developments on the U.S. trade front. After the U.S. and Japan reached a deal to reduce tariffs, Washington and the European Union are reportedly moving toward a similar agreement that could include a 15% baseline U.S. tariff on EU goods—mirroring the terms of the Tokyo deal. Japanese shares extended Wednesday's rally and the euro crept toward its highest level in nearly four years on Thursday. Announcements of U.S. trade deals with Japan have boosted optimism that more agreements will be finalised ahead of the August 1 deadline, ANZ said in a note, pointing to an upcoming meeting between U.S. Treasury Secretary Scott Bessent and China's trade delegation next week. Trade negotiations aside, markets will also be focused on a rate decision from the European Central Bank later in the day. KEY INDICATORS: ** One-month non-deliverable rupee forward at 86.46; onshore one-month forward premium at 11.75 paise ** Dollar index down at 97.14 ** Brent crude futures up 0.3% at $68.7 per barrel ** Ten-year U.S. note yield at 4.38% ** As per NSDL data, foreign investors bought a net $535.4 million worth of Indian shares on July 22 ** NSDL data shows foreign investors sold a net $9.4 million worth of Indian bonds on July 22
Bloomberg
12 minutes ago
- Bloomberg
Trump Says Tariffs to Range From 15% to 50%
US President Donald Trump suggested that he would not go below 15% as he sets so-called reciprocal tariff rates ahead of an Aug. 1 deadline. Bloomberg's Minmin Low discusses how Japan's deal could be a model for other countries and the possible rise of "negotiation fatigue." (Source: Bloomberg)
