1) One 911 Event can Wipe of Entire Life's work when Twin Towers New York Collapsed CEO turns into taxi driver. Never put all investments into One Basket
2) High Steel Prices no use if Contractors cannot pay. Petronas Twin Towers stopped work during Asian Financial Crisis & ran away
3) Oil Palm The only safety that went up when everything else crashed
@calvintaneng, despite the many stock market crash since 40 years ago, quality stocks like Microsoft, Apple (US listed) or even in Msia (Maybank, public bank, TM, TNB) still around
Buy good quality stocks should be the key for successful investment without any worries stock market crash
Evergrande about 2% of China GDP is now suspended for failing to honour it's bond payment
The most secured investment is bond just like the most important part of the human body is the back bone and the most important support of the building is the main pillar
Now China Govt MUST STEP IN TO SAVE EVERGRANDE OR ELSE THE CONSEQUENCES WILL BE VERY BAD
As for Evangrande, the biggest fear is still how much foreigners are into the bond program. How big the hole is.
If China doesn't save Evergrande, stock market will wobble for a few days. GDP of China will be scaled down and US tapering will be postponed. Good for growth stocks.
Evergrande is even worse than LEHMAN brothers ......
CHINA will collapse badly.....at 15 years backwards...the economy will be in the recession for long long period of time...riots and kiosk in china due to poverty and people r dying....the hype of the CHINA rise will be disappeared and vanished..china will need another 30 years to build and the cycle will continue....
Adam Khoo from Singapore did a deep down analysis of Evergrande'c current situation and he asked his students to buy stocks (not Evergrande's stock) on the dip.
singaporean r smart conmen and sweet talker like American....cant trust..trust your own analysis....wait for the nuclear to burst...it's timing now which is getting closer and closer...
Bloomberg) -- As China Evergrande Group edges closer to a massive restructuring, Beijing has stepped up efforts to limit the fallout, signaling it’s willing to prop up healthy developers, homeowners and the real estate market at the expense of global bondholders. In the last week alone, Chinese authorities have dispatched top financial regulators to nudge the country’s massive banks to ease credit for homebuyers and support the property sector. They also bought out part of Evergrande’s stake in a struggling bank to limit contagion. The central bank meanwhile pumped 460 billion yuan ($71 billion) into the system over a five-day stretch to ease liquidity. The moves underscore that China will do everything it can to ring-fence Evergrande, while showing little interest in a direct bailout of the developer that has roiled global markets for weeks. That doesn’t bode well for bondholders -- both onshore and abroad -- looking for some kind of rescue from the Chinese government. “The first obligation is going to make sure that homeowners who bought those homes take delivery and are made whole,” said Marathon Asset Management Chief Executive Officer Bruce Richards, who started buying Evergrande debt last week. “At the very end of the pecking order are offshore bondholders.” For China, the risk of contagion far outweighs any potential damage from an Evergrande collapse on its own. Though Evergrande is one of the largest developers in China, it accounts for just 4% of sales in the country. A run on property firms in the wake of an Evergrande failure threatens to destabilize an industry that accounts for 29% of China’s economy, according to new research from Harvard University economist Ken Rogoff.
noob question aside of evergrande issue now and us interest adjustment expectation in 2022, how do you think the US Gov's debt ceiling will hurt the market?
Peter Cai, a research fellow with the Lowy Institute, said the Chinese government had learned from its management of other recent big collapses including aviation and tourism group HNA.
“One missing piece is that the Chinese government is willing to let Evergrande go down,” he said. “They are more and more experienced and emboldened to let really large and over-leveraged companies go under.”
He said while Evergrande’s liabilities were enormous the situation was different to the collapse of Lehman Brothers, where sub-prime mortgages had been packaged up and sold across the entire economy.
“Here we are talking about a highly leveraged Chinese property development firm,” he said. “Despite its size, I think it’s quite unlikely to cause the kind of systematic meltdown we experienced in 2008.”
Let evergrande collapse & buy the piece of business cheaper loh!
After that only think whether should rescue the company loh!
Posted by Serious > Oct 5, 2021 10:23 AM | Report Abuse
Peter Cai, a research fellow with the Lowy Institute, said the Chinese government had learned from its management of other recent big collapses including aviation and tourism group HNA.
“One missing piece is that the Chinese government is willing to let Evergrande go down,” he said. “They are more and more experienced and emboldened to let really large and over-leveraged companies go under.”
He said while Evergrande’s liabilities were enormous the situation was different to the collapse of Lehman Brothers, where sub-prime mortgages had been packaged up and sold across the entire economy.
“Here we are talking about a highly leveraged Chinese property development firm,” he said. “Despite its size, I think it’s quite unlikely to cause the kind of systematic meltdown we experienced in 2008.”
US farm lands produce these two major crops - Corn and Soybean
Now Us is pivoting into biodisel from fossil fuel
And both corn and soybean are used as biodisel Since biodisel demand is good prices of corn and soybean are up and people are bidding up the prices of farm lands. Soybean is also a good export to China and prices are high
Since over here palm oil is also used as biodisel and food
And with high cpo prices land ownership becomes a good proposition as well to go up in prices
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Posted by calvintaneng > 2021-10-03 16:47 | Report Abuse
THE IMPORTANCE OF DIVERSIFICATION (Calvin Tan) This is a 3rd posting to warn about Black Swan event
https://www.eaglevisioninvest.com/the-importance-of-diversification-calvin-tan-this-is-a-3rd-posting-to-warn-about-black-swan-event/
3 Main Points in the above article
1) One 911 Event can Wipe of Entire Life's work when Twin Towers New York Collapsed
CEO turns into taxi driver. Never put all investments into One Basket
2) High Steel Prices no use if Contractors cannot pay. Petronas Twin Towers stopped work during Asian Financial Crisis & ran away
3) Oil Palm
The only safety that went up when everything else crashed