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Hope the China PMI advance probably due to EV sale pickup will be lasting..
https://finance.yahoo.com/news/china-ev-...00966.html
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(This post was last modified: 02-04-2024, 04:59 PM by
teaserteam.)
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(02-04-2024, 04:59 PM)teaserteam Wrote: Hope the China PMI advance probably due to EV sale pickup will be lasting..
https://finance.yahoo.com/news/china-ev-...00966.html
There are 100 EV companies in China more than the number of donut outlets in Singapore in 2000...when any one with money wanted to open donut stall.
There will be a shake out. Many will fail and few will be left.
So the hit rate when you allocate capital without imagination will be low. Everyone is just following Tesla to build EVs....only a handful will make money, the others wasted their money.
Even after the winners take the market they will realise it is the good old car market low margin, high competition, cyclical and capital intensive. The car business employs many but is never a a good business.  Nissan, Chrysler, etc all has hard times ..
There is nothing good being in the EV business.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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(This post was last modified: 02-04-2024, 05:17 PM by
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So tomorrow can cross the 17k mark?Â
Last time it crossed, it stayed up for a day...maybe 2..
Tomorrow it is going to stay over for good..
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Reason for suspension: Can't produce the 2023 financial report ?????
https://www.marketwatch.com/story/countr...topstories
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(This post was last modified: 02-04-2024, 05:46 PM by
teaserteam.)
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(02-04-2024, 05:44 PM)teaserteam Wrote: Reason for suspension: Can't produce the 2023 financial report ?????
https://www.marketwatch.com/story/countr...topstories
If Countey Garden is honestly run then it's main problem is liquidity not solvencyÂ
The money is deployed to invest jn assets and not siphoned away. Just that they run out of cash but holding substantial assets which it can't sell but is still worth more than its debt.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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(02-04-2024, 05:29 PM)pinkpanther Wrote: So tomorrow can cross the 17k mark?Â
Last time it crossed, it stayed up for a day...maybe 2..
Tomorrow it is going to stay over for good..
hope so. but do u think it will???
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(02-04-2024, 06:17 PM)victortan Wrote: hope so. but do u think it will???
Don know..very likely it will test the 17k mark again.
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