FMG 3.23% $18.87 fortescue ltd

FMG Profitability when IO at $50-60USD?, page-76

  1. 3,110 Posts.
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    Wow, you wanna talk about Fake demand? Again, you and you FAKE NUMBERS! Jeepers get a life man!

    1. The number frequently reported is 65.4 (65) million apartments, enough to hold 90 million people! NOT 90 Million apartments
    2. You have (purposefully?) misquoted as 90 million apartments.... Chinese whispers huh?
    3. Everyone knows there are empty apartments, but at least get your shit right.
    4. The original source for this is so vague its not even funny.
    5. Original source appears to be Cao from the Chinese Academy of Social Sciences who stated up to 65.4 million empty apartments based on electricity meter reading data from the power company as well as calculations based on data like vacancy rates.
    6. No peer review.
    7. No source data
    8. No details of method
    9. Over 10 years old
 
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