Lovely news! Debt restructuring plan moving in favour of creditors acceptance. Lower cash flow is expected due to assets selloff to lower liabilities: in short no doubt bottom is over.. Huge appetite for upside during trading resumption [Yummy] Yummy gains...
$Country Garden Holdings Co., Ltd.(CTRYY)$ Expecting ADR break $8 during recovery [Miser] [Miser] Hearing many positive news from locals regarding Country Garden e.g new launch takeup rate, debt restructuring talk, corporate PR to communicate transparently with public. To invest in China, invest in businesses backed by government. Yang Huiyan said, "Under conservative calculations, as long as our inventory assets are sold normally, even if we do not buy land, taxes are not reduced, and the new contributions of the two wings are not considered, Country Garden will continue to maintain positive assets in the next ten years."
$SUPER MICRO COMPUTER INC(SMCI)$ Many bagholders will be created in 2024 because of SMCI. Knowing when & willing to cut loss timely is one of the most valuable skillset one can pick up. Would you exit your position once market opens? Personally i'm doing so. Just want to hear general market sentiment.
$SUPER MICRO COMPUTER INC(SMCI)$ Falling knife case study. Won't be immediate crash but watch retail gets 'bull' trapped again and again. This will wipe many fortune off the market 🤭👍🏻[Cool]
$COUNTRY GARDEN(02007)$ Trading resume initiative shows great confidence that Country Garden has prepared strong refinancing with debt restructuring plan, most importantly full backing from Government. Property sector is strongly positioned for bullish bounce next three years - Shanghai relaxed home buying restrictions. Major policy package & stimulus to be introduced in July 'Third Plenum'
$ARM Holdings Ltd(ARM)$ Took good profit! Moving to short at $182, overvalued by market irrational of AI, likely huge correction incoming and may tank to $120 range
Country Garden Real Estate's Announcement on the Progress of Relevant Bond Credit Increase Measures
$COUNTRY GARDEN(02007)$$Country Garden Holdings Co., Ltd.(CTRYY)$ Huge leap progress on credit enhancement! 21 assets completed compared to a month ago. Best bounce this year is country garden for sure, potentially 300-400% from all-time low This article comes from: Financial circles Financial news, on June 14, Country Garden Real Estate Group once again announced the latest progress of its bond credit enhancement measures. According to the announcement, the company has completed 21 asset credit enhancement guarantee affairs. Compared with the progress announced on April 12 this year, 1 new asset has been completed, and 3 assets are still being processed. The company also said that in order to settle t