Hong Kong – Red flag lowered at Golden Beach

Red flag lowered at Golden Beach


Attention TV/radio announcers:

Please broadcast the following as soon as possible and repeat it at regular intervals:

     Here is an item of interest to swimmers.

     The Leisure and Cultural Services Department announced today (April 4) that since the water off Golden Beach in Tuen Mun District is now suitable for swimming, the red flag has been lowered.

     The red flag was hoisted at the beach earlier on after a red tide was found.

“Golden Men: The Power of Gay Midlife (2022)” by Harold Kooden will be Presented at the 2024 L.A. Times Festival of Books

Golden Men explains how coming out as gay can teach valuable lessons that can be applied throughout a mans life. The principles of aging discussed in the book are relevant to all people.

San Diego, California – WEBWIRE

ReadersMagnet will showcase Golden Men: The Power of Gay Midlife (2022) by Harold Kooden at the 2024 Los Angeles Times Festival of Books.

The self-publishing and book marketing company ReadersMagnet will display Golden Men: The Power of Gay Midlife (2022) by Harold Kooden at the 2024 Los Angeles Times Festival of Books. The literary festival will take place on April 20-21, 2024, at the University of Southern California campus in Los Angeles.

The L.A. Times Festival of Books is the most significant literary festival in the country. It is a celebration of literature, arts, and culture and offers a variety of activities and books for bookworms of all ages to enjoy. The premier book event is an excellent opportunity to experience the beauty of literature and immerse oneself in the world of books.

Golden Men explains how coming out as gay can teach valuable lessons that can be applied throughout a mans life. It explores the various experiences that a gay man may encounter and how they can prepare him for a successful transition into middle age and beyond. The book includes practical exercises that provide a clear roadmap for aging successfully, making it different from other books on the same topic.

The unique approach of Dr. Koodens book emphasizes the relevance of the coming-out process for aging well. Although the book was initially intended for gay men when it was published in 2000, the response from the public has shown that the exercises and principles of aging discussed in the book are relevant to all people.

Get a copy of Golden Men: The Power of Gay Midlife (2022) by Harold Kooden on Amazon and Barnes & Noble. Visit the ReadersMagnet exhibit at the Los Angeles Times Festival of Books 2024 at booth #225 to check out the books display.

Harold Kooden, Ph.D., is a clinical psychologist, a graduate of the University of Chicago, and a Fellow of the American Psychological Association (APA). He is a founder and Board Member of the National Gay and Lesbian Health Education Foundation, a Board Member of the New York State Martin Luther King Jr. Institute for Nonviolence, a founding member and community activist of Services and Advocacy for GLBT Elders (SAGE), and the NYC AIDS Network. He is the North American Representative for the International Lesbian and Gay Association. Besides having authored many articles on gay psychology, in 2000, he published Golden Men: The Power of Gay Midlife. He continues his activism with SAGE and, with his husband, founded an ongoing Salon focused on racism and white privilege. In this installment of the JGLMH Oral History series, Emeritus Editor Dr Jack Drescher interviews Dr. Kooden.

Golden Men: The Power of Gay Midlife (2022)
Author: Harold Kooden
Genre: Psychotherapy
Publisher: Bowker
Published date: November 29, 2022

Golden Investment Opportunity For Golden Heaven (GDHG) ?

Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) is a Cayman Islands-based company that operates amusement parks, water parks, and related facilities in China. Established in 2020, it went public on NASDAQ in April 2023. The company operates six amusement parks throughout China and plans to expand its operations significantly, becoming a regional leader in the sector.

Their head office is in Nanping, a city recognized as the “birthplace of the Chinese amusement park industry,” and collectively the company has 426,560 square meters of operational land. GDHG’s portfolio of attractions are strategically located in southern China, accessible to around 21 million people. In addition to amusement parks, GDHG has complementary offerings including restaurants and food stalls, which also positively contribute towards revenue.

Following their IPO in April, where shares were priced at $4, we’ve witnessed a 254% surge in the share price – this can be seen in Figure 1. This suggests growing investor interest, potentially driven by GDHG’s growth potential, industry positioning, and expansion plans, despite the challenges posed by the market conditions.

Figure 1: GDHG share price since IPO – Created at TradingView


The Relative Strength Index (RSI) is a technical indicator that provides insights into the momentum and potential overbought or oversold conditions of a financial asset. RSI values above 70 typically suggest overbought conditions, indicating a possible price correction or reversal to the downside, while values below 30 indicate oversold conditions, suggesting a potential buying opportunity or a price rebound. As we can see from the below, GDHG currently has an RSI value below 70, while the moving average sits above 70 suggesting overbought conditions. However, this is by no means conclusive. Investors should also consider the company’s positive momentum and valuation metrics.

Figure 2: Relative Strength Index – Created at TradingView

The Moving Average Convergence Divergence (MACD) is a popular technical indicator used to assess the strength, direction, and potential reversals in the price trends of financial assets. It achieves this by comparing short-term and long-term moving averages, with the MACD line representing the difference between these moving averages and the signal line showing the smoothed version of the MACD line. Crosses between these lines can signal buy and sell opportunities, while the MACD histogram helps identify changes in momentum, offering valuable insights for traders and investors. Currently we can observe that the MACD line and the smoothed version of the MACD line have just crossed. However, momentum is yet to turn fully.

Figure 3: Moving Average Convergence Divergence – Created at TradingView

Bollinger Bands are a technical indicator that provides insights into the volatility and potential price levels of a financial asset. They consist of three lines: a middle band, which is typically a simple moving average, and two outer bands that are derived from standard deviations. The width of the bands expands and contracts in response to price volatility. When prices approach or touch the outer bands, it suggests overbought or oversold conditions, potentially signalling a reversal or correction. As we can see, the orange line, representing the moving average, currently sits in the middle of the range, inferring, given the positive momentum, that there could be more to the rally.

Figure 4: Bollinger Bands – Created at TradingView

High Risk, High Reward

None of the three of these metrics suggest the amusement park owner’s bull run will come to an end, however it’s clear momentum is slowing. This is partially supported by valuation metrics, although it’s by no means conclusive. GDHG currently trades at 23.1 times trailing twelve-month (TTM) earnings, representing a 52% premium to the consumer discretionary sector. However, compared to international peers, it doesn’t appear excessively expensive – for instance, US giant Six Flags Entertainment Corporation trades at 21.5 times TTM earnings. However, it’s worth highlighting that Cedar Fair is much cheaper, trading at just 7.4 times TTM earnings. 

This premium can be attributed to GDHG’s remarkable earnings per share growth and the positive sentiment surrounding the sector’s growth in China. In the first half of 2023, the company’s revenues exceeded RMB 140 million, marking a 6% increase from the same period in 2022. Gross profit for H1 2023 also improved, reaching RMB 101 million, a 7.5% increase from H1 2022, with a gross margin of 71.37%, up 1.02 percentage points from the previous year. Net income saw a significant 12% year-on-year increase, and earnings per share surged impressively by 135.1%, reaching RMB 1.05 in H1 2023 compared to RMB 0.45 in H1 2022.

The amusement park market is also forecast to grow significantly, with a compound annual growth rate (CAGR) of 15% between 2022-2027. The anticipated growth will be fueled by several factors, such as the increasing disposable income of Chinese consumers, the ongoing urbanization of the country, bringing more customers within range of the parks, and the rising trend of family tourism.

In conclusion, GDHG appears a high risk, high reward investment. Stock float suggests high volatility, but the share price rally is support by continued positive momentum, and no warning signs from the technical data.

By Rickie Wang

Topic: Press release summary

Sectors: Daily Finance


From the Asia Corporate News Network

Copyright © 2023 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

Golden Quill Press Author Writes About Doggy Dementia for Grey Muzzle Website

 Dogs get dementia, also called Canine Cognitive Dysfucntion and author, F. Barish-Stern is all too familiar with that statement.

In her book, “Doggy Dementia & Alzheimer’s: Shamrock’s Story” she discusses the journey her Shamrock made from rescued dog through the stages of this disease. The information she learned from over 50 interviews with experts is contained in her recent article for GreyMuzzle.

November is Alzheimer’s Disease Awareness Month – For People

But What if Anything Can We Do for Our Furry Friends to Decrease the Chances of Doggy Dementia Arriving at Their Doggy Door?

One important step is to learn the signs of Canine Cognitive Dysfunction. Her article available at Grey Muzzle’s website: listed under “grey-matters/health-and-well-being-common-health-issues/shamrock’s-story-what-my-dog-taught-me-about” explains the signs from early almost silent changes to more pronounced and symptoms in the progression of this disease.

This book and more information is also available through Golden Quill Press.

Golden Quill Press

Francine Bray





  • Veterinary

Launch of 5G is a Golden letter day in the History of Telecom Sector in India – Shri Ashwini Vaishnaw

Saying today is a Golden letter day in the history of telecom sector in India, the Minister for Communications, Electronics & Information Technology and Railways, Shri Ashwini Vaishnaw said that telecom is the gateway of Digital India and a strong telecom sector is needed in this period of transition. He was addressing the gathering at the inaugural session of the 6th edition of India Mobile Congress 2022 by the Prime Minister and launching the 5G services in India.


The Minister said that the Prime Minister, Shri Narendra Modi has given the strategic sector status to the telecom sector and gave a guidance on all dimensions of this sector and a focus is made on the development of telecom technology. The Prime Minister gave a regulatory certainty to this sector and made a transparent system to the sector which was under the litigation till now. As a result of these reforms today the telecom sector is coming up as a sunrise industry, he added.


Shri Ashwini Vaishnaw said that with the launch of 5G today, there will be a great development in the sectors of education, health, agriculture, logistics, digital economy and the face of communications will change. Efforts are on to reach last mile connectivity in the optical fiber network with an innovative model, he added.

The Minister thanked the Prime Minister for giving BSNL a market stabilizing force status, and sectioning Rs. 1,64,000 crore package which is a historic event to the Indian telecom service provider. There is a big fundamental change in the telecom manufacturing in the country, he added. Shri Modi ji gave a challenge of developing indigenous technology for 4G and 5G and India is marching ahead in the technology development and now the world is looking at Indian telecom technology, he added.  


The Minister of state for Communications, Shri Devusinh Chauhan while delivering his welcome address said that under the clarion call of the Prime Minister, Shri Narendra Modi, India is marching towards Atmanirbhar Bharat. Under this India has developed 4G and 5G now and will develop 6G in future. In the direction of the Prime Minister, a remarkable reforms have been made in the Telecom Sector. As a result this the Spectrum is allotted to the telecom operator almost the same day. At the juncture of getting self-reliance in the modern telecom sector we have great faith in it that it will give new energy, new hope and new life, he added.

The Chairman of Reliance Industries, Shri Mukesh Ambani,  Chairman of Bharti Enterprises, Shri Sunil Mittal, Chairman of Aditya Birla Group, Shri Kumar Mangalam Birla, Secretary, Department of Telecommunications, Shri K Rajaraman and other dignitaries were present on the occasion.



(Release ID: 1864130)
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