China Petroleum & Chemical Corp. (SNP)

All Comments on SNP

  • commenter
    Roger
    Nusbaum
    Apr 24 09:19 AM
    My Website
    Considerations on Investing in China [view article]
    Silver-Bullet, I assume you mean the dollar going much lower from here? Just to clarify that is what you mean? Reply
  • commenter
    silver-bulle
    t
    Apr 24 03:23 AM
    Considerations on Investing in China [view article]
    There's been a bit of talk on State-owned Enterprises suppressing commodity prices in China. While that is true, I tend to believe that this is a temporary measure till the Yuan revalues against all major currencies. I see those of us in the US holding FRN to loose big time.

    Word has been going around that there is a high possibility of a currency crisis at the end of summer 2008.

    Any advice on protecting against currency crisis?     Reply
  • commenter
    silver-bulle
    t
    Apr 24 03:19 AM
    Considerations on Investing in China [view article]
    I think this is a temporary measure till the Yuan revalues against all major currencies - especially the $US.

    I see a currency crisis coming at the end of summer 2008.


    On Apr 18 12:53 PM User 142738 wrote:

    > A quick note: "SOE" = "State-owned Enterprises." Putting a ceiling
    > on commodities prices certainly didn't help the U.S. in the 1970's.     Reply
  • commenter
    retardedtrad
    er
    Apr 22 12:11 PM
    Stocks Covered by The China Stock Blog [view article]
    yeah great idea!!


    On Jan 18 07:14 PM Anonymous wrote:

    > CHMD looks like a great China Company to invest in.     Reply
  • commenter
    windinmyface
    2
    Apr 22 10:51 AM
    Options Trader: Just Another Manic Monday [view article]
    In China, Gas costs 5.34 yuan (76 cents) a liter or 20.5 yuan ($2.90) a gallon. State oil companies are barred from passing on rising crude costs to consumers, instead covering their losses out of profits from their drilling units. Reply
  • commenter
    globalmacro
    Apr 21 05:17 PM
    Options Trader: Just Another Manic Monday [view article]
    ISRG cheap? Haha. That company has been priced for perfection. I got the joke. Thanks for making my day better. Reply
  • commenter
    longshort
    Apr 20 08:48 PM
    Considerations on Investing in China [view article]
    To Chinesepetti
    Neither do I wish China ill. If you like American history, please appreciate its tolerance of different opinions. I definitely agree with what you said about truth and news. What my points are based is what I experienced during recent 10 years. So please don't just call anybody shamful. Present your points based on the truth and logic. Did you verify the truth anyway? How? The obvious conflicts of interests doesn't mean Mr. Petti lies. I didn't see your logic. But you always taking something for granted. Criticizing the system in China doesn't mean getting out totally. Don't be so absolute. Actually the world doesn't exist in 1 or 0. It should be something else between 0 and 1. Filthy air and pollution is the price. If you'd like do business with China or travel in China, you should tolerate it. If you feel the risk not worthy, you could get out. But everybody has different tolearance of risk. As you can't tolerate the criticize. That's OK. But learn your logic.     Reply
  • commenter
    chinesepetti
    Apr 19 11:37 AM
    Considerations on Investing in China [view article]
    All American working in China should get out of China right now !If there are filthy air and pollution there ,I just do not get it what you guys are doing there!
    Reply
  • commenter
    rlirph
    Apr 19 01:21 AM
    Considerations on Investing in China [view article]
    To Duder - I do not know which part of Shenzhen you live that has clean air. Air pollution is so great in Southern China that the pollution zone is spreaded from Hong Kong (next to Shenzhen) to Xiamen (400 miles).

    Like Jimmy Rogers says China is a great place to invest. There is a lot of money to be made here. China now is like Hong Kong in early 1970's.

    In 1973 The Hang Seng index was in 150. Now the Hang Seng Index is 24000! China will go through the same process with lots of growth and pain along the way.

    When you invest you invest in places where there is economic growth. The Chinese economy has averaged an annual growth rate of 9.6% in the past 26 years.

    But be sure to spread your investment over many companies because some of them will blow up.     Reply
  • commenter
    chinesepetti
    Apr 18 09:50 PM
    Considerations on Investing in China [view article]
    All Mr Petti's pupils and seeking alpha readers here; the story about Mr Petti just does not add up! According to Mr Petti's views (you can read all his articles about China on this site ; strangely he only wrote about China), everything in China is in crisis even the air is filthy so why he is making a living there; getting paid from the red Communist school; why not go back to Wall street to work for Bear Stern ? Bear Stern is not dead yet.

    It is time for Mr Petti and his loyal pupils to disclose his relationship with the red Chinese government now!!! And all readers on this site should also make such a demand; otherwise it's an insult to the intelligence of all seekingalpha readers!     Reply
  • commenter
    chinesepetti
    Apr 18 09:50 PM
    Considerations on Investing in China [view article]
    Long short I never wish American ill; I love america, it's history and landscape. However I am against aggression and occupation in Iraq for oil.
    Long short, I do not care you are a Chinese or not; if you intend to wish ill for China and taking the news for truth before verifying them yourself ; You are shameful!     Reply
  • commenter
    Andrew Ling
    Apr 18 06:53 PM
    Considerations on Investing in China [view article]
    Duder has some good points. As a Chinese-American I visited Shanghai for the first time last year and talked to some random people for an uncensored view of the country. I saw less homeless than in S.F., and the people were generally content. The vast majority agree with such laws as 1 child per family which has outraged many Americans. Additionally, even my uncle's housekeeper seemed to be more knowledgeable of politics than the average American.

    As soon as I got home I purchased a bunch of FXI. I've since sold it all as I feel alternative energy is a much better investment.     Reply
  • commenter
    longshort
    Apr 18 02:20 PM
    Considerations on Investing in China [view article]
    To chinesepetti:
    There are people working on getting through credit crisis.

    But as you said, wishing ill for other nation is not going to help get over your own problems. Don't waste your time arguing with others. If you could, please work out the plan to help China out, especially for those potential middle-class and ordinary working class. I really hope so because I am a Chinese     Reply
  • commenter
    longshort
    Apr 18 01:59 PM
    Considerations on Investing in China [view article]
    Everybody would be unsatisfied with what he did before. When one new financial inovation comes to the market, I guess there is no guarantee we have the auditing tech in place.

    Just like the new medicine, FDA approval is a dilemma. Shall we use this medicine? For this, we must wait. Just like the patent dilemma, shall we wait years to get through approval procedure. this is not necessary.

    My opinion is that we should not wait years to use those financial tech or inovations until every enforcement is in place. Otherwise, we can't get an efficient market, which costs more. So when there is situations, what would be the remedy? I think I havn't seen any in China.

    BTW, people don't have to be perfect to criticize. If the prequalification for criticizing others is that you should be perfect. I think only GOD could do so.     Reply
  • commenter
    User 142738
    Apr 18 12:53 PM
    Considerations on Investing in China [view article]
    A quick note: "SOE" = "State-owned Enterprises." Putting a ceiling on commodities prices certainly didn't help the U.S. in the 1970's. Reply
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