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46,400 Posts.

02/04/20

20:58

Post #: 43849957
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Originally posted by Furpo2 ↑

Unlike politics here the CCP "Chinese"
have long term plans.
Think belt and road
and serious aid in Africa.

There is lots of "new" money coming into the ASX.

Star Casino is closed
locked doors
no customers, no profits, no reopen date.
Includes Gold Coast (formerly called Jupiters)

Share price was under $1.80, now about $2.20.
Who need to design a gravity reversing machine.

COAL - shunned by the "experts"
but paying great dividends of more than 10%
be aware that past results is the rear vision mirror
and has no relevance to 2021.

But NHC and WHC have had major support.
NHC has had regulatory problems, but the smartest managers
WHC has a crap location in the bri's
but probably the world's best quality coal.

NHC bounced from $1.05 and WHC from about $1.6 to $2.
Amazing in a bear
But who are their customers?

Who are the moneyed people buying up
world class assets at distressed prices?

Their customers are Chinese.
Who are the buyers?

Guess.

IMHO - not fin advice

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