$Diginex Limited(EQOS)$I think EQOS shareholders should review their positions & perspectives on EQOS. To me, I do believe in the outlook of cryptocurrencies in complimenting (not replacing) fiat currencies. And EQOS seem to be at a strong standpoint in this crypto space as1. one of the most recognized/ safest custodian services Digivault, 2. Various mergers with other business, most recently with Binance, one of the largest crypto services. 3. One of the earliest Exchanges to build its services around the space, including Perpetual and dated futures for the BTC ETH. What EQOS has been doing so far, is continuously releasing new equities to dilute the shareholding. This is no doubt painfu
I don't think we are far off from recession, and using past recessions as a guide, SP500 tend to fall approximately 33% from its previously high. So using this approximation we can derive SP500 tohit around 3200 levels, which is another 20% downside from current 4k+ levels. you might want to price in another 10-20% from 3200 levels to decide an attractive level to enter the market (subject to your risk tolerance). While Friday's speech may not be too good for investors, I think it's a good time to start accumulating stocks or assets in which you like based on fundamentals and the business. Sounded like Buffet's strategy, which really is, as I think there's a good reason why he continued to be one of the best investors of our time. Though I don't think u can ga
$Luokung Technology Corp(LKCO)$Just curiouswhy this firm is taking quite a beating the same way as other Unicorns. It has quite different aspects as a typical unicorn, with 1. Positive earnings. While other Unicorns are delivering marginally Positive earnings or mostly negative earnings, LKCO has delivered very strong earnings with decent forecast in a challenging environment. 2. Strong balance sheet The company has minimal debt in place which is well positioned for rising interest rates from Fed. 3. Attractive outlook The company has strong partnerships with some of the largest firms in the industry, like MSFT, F and others. I don't think these companies would enter a deal with a company without strong conv
If u think EV is an industry that will overtake the automotive industry, NIO would be in a very goodposition to take on. Financial support from the Chinese govt means a lot. Regulatory wise can be expected to be very supportive as well
Will NIO Stock Follow Tesla's Footsteps? What To Consider Between These Two EV Stocks
I wonder how much more can China carry on like this. US has talks to start tapering. I rememberedsome analysts commented on the last tapering back in 2017, it does not matter who started first, but who taper first tends to be in a much better position. Back then, it was US who taper first.
China stocks rise in early trade on boost from RRR cut
Gotta bite through this painful period. Though I believe it is for the long term benefit, with more regulations to even out the playing ground, may promote future businesses to enter into China.
Seems like Chinese market is flushing with liquidity, while US is thinking of tapering. If the liquidity were to flow into Chinese tech industry, we might see a more robust 2nd half 2021 =)
China signals easier monetary policy, reviving worries about weaker growth
I wonder if IPO in this sensitive period will be actually be good for the investors. COIN was launch at $250 reference price and went up to near $400 before coming off to < $250.
I think SG govt are balancing decently in being cautious with economic growth. Guess we just haveto accept that Covid is likely to stay and learn to adapt
Singapore slows the pace of reopening as Covid cases haven't declined significantly