mingci

mingci | Joined since 2024-07-05

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2024-08-01 14:00 | Report Abuse

Post by Dragon328 1 hours ago:
@StartofTeBull, the UK government declaration of a broke UK is not good to anybody and any business in the UK. But I was told by UK friends and businessmen that the new Labour Party government is pro-investments and will need lots of foreign investments to come in to help spur the economy there.

To Wessex, a poor government is of course not a good thing, but the water companies' revenue does not depend on government's funds. All investments are to be made by private owners of the water companies, who are many foreign investors like YTL Power.

With Thames Waters going under, it is imperative for the new Labour Party government to avoid missteps again by Ofwat. Otherwise the water service standard in the UK will remain below par and the water companies there will go down one after another, then the UK would really become a 3rd world country then.

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2024-08-01 13:59 | Report Abuse

Post by Dragon328 2 hours ago:
@Jesse1314, the company is bigger than anyone here the company share base is so big that no single party can influence the share price movements.

The share price will not shoot up just because of a few words I post here, and on the other hand, the share price will not clash if my posts are removed.

I don't have to post anything here to promote any stock, the market force will decide.

No foreign fund managers will read our posts here, but it seems like some of my articles have been circulated overseas few times.

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2024-08-01 13:59 | Report Abuse

Post by Dragon328 2 hours ago:
YTL Power's foray into the data centre and AI cloud space is for the long term, and I see its tie-up with Nvidia is for at least 2-3 cycles of technology runs lasting 6-9 years. It is not hit-and-run like other companies just trying to ride on the AI hype for stock price goreng.