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Robert Geoghan

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  • Chinese Q1 GDP growth disappoints, rising 7.7% Y/Y vs. 8% expected, and slowing from 7.9% in Q4. March industrial production misses expectations of 10% growth, rising just 8.9%. Retail sales, however, beats forecasts, rising 12.6% vs. 12.3% expected. Asia's taking a bit of a tumble, Shanghai -0.6%, and the Hang Seng -1.6%. The aussie (FXA) slides 0.6% to $1.0463. [View news story]
    3D printing has a long way to go before it can outdo a tight manufacturing process. Have you seen one working? talk about paint drying times!..
    Apr 15 03:02 PM | Likes Like |Link to Comment
  • Chinese Q1 GDP growth disappoints, rising 7.7% Y/Y vs. 8% expected, and slowing from 7.9% in Q4. March industrial production misses expectations of 10% growth, rising just 8.9%. Retail sales, however, beats forecasts, rising 12.6% vs. 12.3% expected. Asia's taking a bit of a tumble, Shanghai -0.6%, and the Hang Seng -1.6%. The aussie (FXA) slides 0.6% to $1.0463. [View news story]
    I get that forward valuations take into account future growth forecasts. This drop of 0.2% - (or even the drop from the expected 8% growth of 0.3%) of the Y/Y figures should not cause such a massive sell off, unless the market was over heated anyway.

    It just shows you how nervous the market is. I still re-iterate my point that 'I don't see a problem'. China has a long way to go until recession. I am of the opinion that China knows how to manage it's economy. For one thing, the leaders do not have to worry about pleasing the electorate for votes. They do what's best for the country, and do not care what the people think. It's deeper than this though, it's Chinese culture to not want to lose face. They will do their utmost to prove that their ideas are better than the west's.

    Keeping an economy on a smooth plain is not easy, but I reckon they stand a better chance than most - for another 10 years at least anyway.

    Great opportunity to buy into sold down stocks today, they'll be back up by the end of the week.
    Apr 15 02:59 PM | 1 Like Like |Link to Comment
  • Chinese Q1 GDP growth disappoints, rising 7.7% Y/Y vs. 8% expected, and slowing from 7.9% in Q4. March industrial production misses expectations of 10% growth, rising just 8.9%. Retail sales, however, beats forecasts, rising 12.6% vs. 12.3% expected. Asia's taking a bit of a tumble, Shanghai -0.6%, and the Hang Seng -1.6%. The aussie (FXA) slides 0.6% to $1.0463. [View news story]
    I'm sorry, I do not see the problem here?

    7.7% instead of 7.9%?

    I think these so called financial experts manipulate the way in which these figures are perceived in order to feather their own nests. Once they've cashed in their shorts, or bought at lower prices, we'll be reading about the next rising demand.
    Apr 15 06:54 AM | Likes Like |Link to Comment
  • Why British Stocks And The U.K. Economy Are In Trouble [View article]
    Taalib,

    Interesting question. It depends what you mean by export markets, as Exporting from the UK to other parts of the world is not great these days.

    If you mean what overseas markets do the FTSE companies perform well in, then that's a different story, as 70% of the top companies have subsidiaries overseas. Comparison figures are difficult to get hold of in one shot. Each company would need to be analysed. The strongest sectors I understand to be banking, and mining for overseas business.

    You say you want to invest in global markets. Could you do this with a fund or etf. Or, are you looking for the best performing sector, and then invest in those companies.
    Apr 4 11:43 AM | Likes Like |Link to Comment
  • Why British Stocks And The U.K. Economy Are In Trouble [View article]
    Thanks for a well put together summary of the UK economy.

    I would like to add though that the UK has been a victim of it's own success in that since the 1970's when the Conservative government realised our manufacturers could not compete with cheap imports. They took a brave step to concentrate on the service sector. This proved highly effective, and through the liberal use of credit, the populous created a brand new economic wonder, which caused the Country to thrive once again.

    Problems were introduced when Labour increased public spending to astronomical levels that could only be sustained with a buoyant economy. Cue the global banking crisis, and the system fell apart. We now have an economy that has lost it's way - desperately looking for direction.

    There is nothing inherently wrong with most of the FTSE companies, as they operate mostly internationally, with a good percentage making a good living from Asia. The problem is that confidence from British investors is at a low ebb, and thus share prices are not truly reflecting their worth.
    Apr 3 12:34 PM | Likes Like |Link to Comment
  • 5 Reasons Why You Should Consider British Gambling [View article]
    Hardly a launch - in the true sense of the word anyway. No fanfare, no smashing of champagne bottles, and no sign of any big marketing at the moment. More like a gentle shove off, and see if it floats.

    I think they're hoping a viral outbreak will spread the word. Looking at the number of FB followers on this page; http://bit.ly/12gX9Te I don't hold out much hope of that.

    I'm sure it will come good in the end, they're probably just testing it gently before they commit big time.
    Apr 3 11:38 AM | Likes Like |Link to Comment
  • Why Zynga Is Still Not A Buy [View article]
    The main advantage Zynga has is it's data base of existing users - who are familiar with their games. Oh, and pots of cash to spend on promotion - i'm sure there are a few existing players who are envious of Zynga's advantage.
    Apr 3 08:37 AM | 1 Like Like |Link to Comment
  • 5 Reasons Why You Should Consider British Gambling [View article]
    Glu have had a trading relationship with Probability (a small gambling outfit based in UK) for a couple of years. They have only recently managed to get a game up and running, with the help of bigger UK partners.

    IMO, this is small time at the moment, but there is a possibility it could gain ground. I actually liked the rumour that William Hill was looking to buy Probability - that faded a while back, but may resurface if this new venture takes off.

    Looks like Zynga shares will open up today. I have a feeling there will be lots of news coming out as we get close to the launch day.
    Apr 3 03:06 AM | 1 Like Like |Link to Comment
  • Why Zynga Is Still Not A Buy [View article]
    My remark was made as a criticism of the statement which I pointed out. Stock affecting news IS iminent. I am not trying to discredit someone's genuine opinion, if that belief is valid, as would be the agenda of a 'ramper'.

    I too read a lot of SA articles, and agree with you. I have tried to be objective in my writing, and not appear to be 'ramping' the share, even if I am long.

    I do actually think Zynga are good for trading, and you can easily buy and sell on the highs and lows. On this point we all must agree.
    Apr 2 08:26 AM | 1 Like Like |Link to Comment
  • Why Zynga Is Still Not A Buy [View article]
    Hi John,

    I point this out here;
    http://seekingalpha.co...

    Sorry if this appears spam, but I believe it's relevant.
    Apr 1 02:02 PM | Likes Like |Link to Comment
  • Why Zynga Is Still Not A Buy [View article]
    With due respect George, your statement of, 'Since I am not expecting a surprise in the near term' belies the fact that Zynga will launch it's UK gambling project shortly. In fact both Bwin, and Zynga have stated within a few weeks. So, for this reason alone, a press release announcing that this has happened will give the share price a pop.

    I would be so bold as to suggest you may be hoping the price drops in order for you to initiate a long position at a more favourable price. Perhaps your article, brief as it is, has the intention to 'deramp' the share price?
    Apr 1 12:01 PM | 3 Likes Like |Link to Comment
  • It Can Happen Here: The Confiscation Scheme Planned For U.S. And U.K. Depositors [View article]
    Isn't the reason the Cyprus banks are in such a mess because they lent far too much to Greece, and Greek businesses. Now their loans have defaulted there is no government bailout or insurance system in place to cover them. This is because the Cypriot and Greek governments are both essentially bankrupt.

    It's NEVER going to happen in the UK, or USA because there's too many safeguards in place.
    Mar 29 12:13 PM | 2 Likes Like |Link to Comment
  • Anglo American (AAUKY.PK, AAUKF.PK) cancels its A$540M acquisition of a 58.9% interest in the Revuboe metallurgical coal project in Mozambique after the miner says a number of conditions weren't satisfied. Anglo expects to continue establishing a position in the Moatize coal basin, where Vale (VALE) and Rio Tinto (RIO) have operations. [View news story]
    There are a lot of coal projects in the Tete region. Maybe Anglo can get another one much cheaper.
    Mar 28 03:33 PM | Likes Like |Link to Comment
  • The Future Of Iron Ore [View article]
    Surely China would want to emphasize it's demand in order to encourage more production, and hence drive down the price with the over supply not taken up.
    These figures that get banded about are more than likely put into the market in order for traders to profit from. Not that I believe there's manipulation by market makers or anything underhand like that - as if?
    Mar 28 12:42 PM | Likes Like |Link to Comment
  • Boyd Gaming Will Continue To Outperform Zynga [View article]
    Boyd is to team up with bwin.party, that's if online poker becomes legalised nationally, with bwin retaining 65% of this deal. Boyd could do very well out of the new legislation - it needs it really to outperform. My long term bet in the 'best case scenario', of legalised online gambling would be bwin.party - IMO.

    btw, Zynga will be good for a pop, or two at least. If they get all their wheels right though, they could hit the biggest jackpot.
    Mar 28 08:59 AM | Likes Like |Link to Comment
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26 Comments
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