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2 comment(s). Last comment by Tobby 2021-11-03 12:20
Posted by Tobby > 2021-11-03 12:19 | Report Abuse
Not been easy year this year! Just when i thought we are going to see steel theme next year, suddenly commodities turn south!
China is turning into green nation and cutting all coal loving factories! Which is good as China moving into maturing phase! Like i said, China will be turning into another Japan, an utopia the world will be very envious off!
China will become most preffered destination in coming decades as it becomes fully developed nation unmatch by any western nations! US by then will be total joke! US is a failing nation with no leadership to turn things around!
Anyway, we need to accept China will not be coal burning nation or produce steel for that matter! This dirty job will go to Malaysia!
Yeah, didn't realise how severe the commodities correction! But give and take maximum 2 weeks things should find some support! But i think it's already hit bottom anyway!
Posted by Tobby > 2021-11-03 12:20 | Report Abuse
As i see it, we don't have demand problem! However, in coming months, we will see supply problem!
But hey, don't trust me! We need to weather current rout first!
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by Tobby > 2021-11-03 12:14 | Report Abuse
Investment!