we've seen this before from LEHMAN to thw GOLD market and recent covid market crash
we await government intervention
or a white knight to take over and flip this back to normal
Primary objective is to stop the bleeding
should be a good speculation stock at sub $1.0 towards $.85 .69 cents
Introduction:
Investing in the stock market can be an exciting venture, but it also comes with inherent risks. As a beginner investor, it's crucial to arm yourself with the right knowledge and tools to make informed decisions. One of the fundamental aspects of analyzing a company's financial health is understanding its balance sheet and income statement. These...
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Property investment is a capital intensive game and the waiting time is much longer compared to equities. Those who bought into HK properties 2-3 years ago and if they are selling now are likely to incur heavy losses. But they have no choice especially if they are speculators , hoping to flip the properties for a quick gain.........
As traders or investors, we are supposed to make our own research, don't believe anything that everyone says.
Evergrande was a hot discussion at the end of the quarter last year due to its failure to pay its debt. And as the second real estate developer in China, the negative effect was catastrophic throughout the entire world. The media never stop reporting the...
Hello,
Herein a simple way for you to understand your income statements.
Assets are things that are valuable. Liabilities & Equity are obligations to both lenders & owners.
The income statement has two parts being how funds can be created & how they can be used.
Good luck.
The looming collapse of China Evergrande Group (HKG:3333), the world’s most indebted property developer, has roiled financial markets for months, threatening a contagion with far-reaching implications on China and the wider economy.
In the early months since Evergrande’s financial crisis came to light, Beijing stayed mum on the issue, although the People’s Bank...
Government intervention to aid the crisis-hit property sector:
China Evergrande Group named a state firm official to its board.
Two of its peers sold assets to state-owned entities.
The buy volume was increasing lately.
If you want a short term speculative buy, China Evergrande Groupcould be your pick.
Looking forward to read your opinion about it.
Evertrapped hedge funds are going to pay for that debt via a shortsqueeze
not financial advice. you do you, I yolo. :)
See ya from the moon.
EASY BAIT.
3333 FREE MASONRY
.i. hedgies .i.
China Evergrande, the second-largest real estate developer in China, has been narrowly dodging default for months. The Company has more than US $300 billion in debt that, as it warned the market back in September, it believed would be difficult for it to service. (As an aside, it is believed that China Evergrande could have an additional US $150 billion in debt,...
Evergrande shares, symbol 3333, have been getting demolished as of late. On December 6th it broke past its all time lows of 1.88 HKD. This puts Evergrand's stock over 94% down from it's ATH of 32.39 HKD now at 1.77 HKD. The stock is no longer in free fall however, that may not last for long. On December 9th the real estate developer had defaulted on its debt for...
Who knew...
Dollar-denominated Bond Defaults complete.
I made a call to EG and their phones are now
disconnected.
BlackRock and HSBC are now facing rather large
losses.
The Cascade of defaults is spreading.
___________________________________________
Buy the Dip.
Kaiser and Fantasia... they're good to go.
But the Dip.
This trendline determines the final destiny of Evergrande. If breached, I will lose hope for any further upside in the future.
Big news (positive) is expected over the weekend before open which should give it a good bounce.
Trade wisely and free of emotions.
