3500, in the past decade, internationalisation and global trade have contributed substantially to ASEAN countries' GDP growth, many economies in ASEAN are export driven, and as a result some successful ASEAN countries have accumulated significant wealth from selling goods overseas and their local asset prices got some substantial boost during that period. Now although that model is still valid, as manufacturing cost in ASEAN countires are still competitive, I do see significant downside risks in inflated asset prices. I believe in a forthcoming USD up-cycle. A stronger USD may draw capital away from ASEAN countires and casue the asset bubble to bust. US wants to keep its USD as the most widely used currency on earth, the emergence of ASEAN block is a risk. The game I believe is to let the bubble bust at an appropriate time. Of course it may not occur in the end, but I feel some parts of the business vunerable to the FED. Maybe I am just hoping for a lower entry price~
- Forums
- ASX - By Stock
- Ann: Annual Accounts
3500, in the past decade, internationalisation and global trade...
Featured News
Add ZGL (ASX) to my watchlist
|
|||||
Last
7.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.01M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 882 | 7.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.5¢ | 8300 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 882 | 0.070 |
3 | 57440 | 0.068 |
1 | 40000 | 0.066 |
1 | 16683 | 0.060 |
1 | 15000 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.085 | 8300 | 1 |
0.087 | 30000 | 1 |
0.088 | 30000 | 1 |
0.100 | 3407 | 1 |
0.130 | 149000 | 1 |
Last trade - 16.12pm 30/08/2024 (20 minute delay) ? |
Featured News
ZGL (ASX) Chart |
Day chart unavailable
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online