Ft Cesg Discussion Threads

[stegrego] 02/1/2009 04:10

Imposter above, probably PP again.....

[david77] 28/12/2008 09:52

RivaIdo is not Rivaldo - I think that RivaIdo is PapalPrat = Proselenes = half a dozen other aliases.

[bvlgari] 27/12/2008 18:19

Guys

the commies know the brit mug punters will pile in any pipe dreams. Fair play to the commies.


R.IP CESG 1p then bang 0p

[proselenes] 04/12/2008 04:02

I hate to give you the I told you so, but all those talking and ramping about "China's Domestic Demand"..........its all nonsense. Its not strong enough and not mature, and we have seen the old Commies reach for the faithful, "lets boost exports again as domestic demand is not there" with tax cuts, tax concessions, subsidies etc...

This devaluing again confirms that process is happening, and domestically they are in trouble.

China was built on corruption, all its figures are total nonsense, and anyone believing any data coming out of China about growth, employment, cash reserves etc... is being very silly.




Last Updated: 11:13PM GMT 03 Dec 2008

1930s beggar-thy-neighbour fears as China devalues

China has begun to devalue the yuan for the first time in over a decade, raising fears that it will set off a 1930s-style race to the bottom and tip the global economy into an even deeper slump............

The central bank has shifted the central peg of its dollar band twice this week in a calculated move that suggests Beijing aims to offset the precipitous slide in Chinese manufacturing by trying to gain further export share abroad.

The futures markets are pricing in a 6pc devaluation over the next year. "This is clearly a big shift in policy and we are now on alert," said Simon Derrick, currency chief at the Bank of New York Mellon.

The move follows a Politburo speech by President Hu Jintao warning that China is "losing competitive edge in the world market"....................

[binomial1] 01/12/2008 09:56

Dearing me

The great china gonna conquer the world by being the world factory. No innovation no R&D etc. I would put my money india instead on these commies. India have more graduates and they used western standards.

[proselenes] 01/12/2008 05:42

China in trouble........




China's November Manufacturing Contracts by Record

By Nipa Piboontanasawat

Dec. 1 (Bloomberg) -- China's manufacturing shrank by the most on record and export orders plunged, adding to evidence that recessions in the U.S., Europe and Japan are dragging down the ................

[allstar117] 29/11/2008 09:12

Since my post.497, he has even sat on street corners begging....to save face and allow the much needed funds to purchase the cheapest possible ADVFN membership. Well done, keep it up!

edit: just been informed it's a free trial.

[allstar117] 29/11/2008 09:08

Incredible. Genius in the room.

OFFICIAL: Two countries are going to be hit by recession.

Well who on earth would have guessed. Does he mean along with every other country in the world? Amazing. Keep the innovative posts rolling Einstein.

[proselenes] 29/11/2008 04:12

China slumping, recession looms for Australia

28/11/2008 6:19:00 AM.

All those people who still believe Australia won't dip into recession in 2009, as the IMF, OECD, Federal Treasury and Reserve Bank predict, should think again.

China, whose 'solid' demand for our resources was supposed to help keep us out of recession in 2009, is getting worried.

So worried that it slashed interest rates Wednesday night by the biggest margin in 11 years, once again it proving that it pays to watch what central banks do, not what they say.

Bloomberg reported yesterday that a senior Chinese economic official had warned that "Some economic indicators in China showed a "faster decline" in November, the.........................full article on the link.

[allstar117] 26/11/2008 16:21

Intelligent Life-Form: Has no-life, bangkok sucker and can't make a penny on the markets! (apparently) ;)

Great hearing Jim Rogers hasnt sold a dime of his Chinese shares and is only investing further. As he correctly states, selling shares in China now would be like selling shares in American in 1910 - happy days if you can wait but unfortunately one guy cant afford too ;)

The guy cant even afford a premium membership with advfn!

[proselenes] 26/11/2008 14:54

I wonder who has been saying China is in real trouble, more than was being let on.........




China slashes interest rates as panic spreads

The People's Bank of China cut interest rates by more than 1pc point as the economy crumbles and millions of jobs are predicted to go ahead of Christmas.

By Malcolm Moore in Shanghai
Last Updated: 12:48PM GMT 26 Nov 2008


........................

[longsight] 24/11/2008 11:27

pp - I've never owned these shares & in fact made some bearish points before though I think they are a hi quality business. So I think you've got the wrong man in thinking I ramped these or indeed any shares. I've noticed you've become very bitter since you lost all your money on your 2 super ramps: LEAD & oil. I feel sorry for you, honestly. Chill out man.

[allstar117] 24/11/2008 10:54

Just found a photo of our resident friend:

[proselenes] 24/11/2008 10:43

Funny, they always "have you filtered" until you mention them, then suddenly they decided to unfilter you and happened to read what you wrote.


LOL :)

[allstar117] 24/11/2008 10:38

Topped up this morning at highly enticing levels. Bring 5p on so i can fill my boots further, be very lucky if i ever get that.

[proselenes] 24/11/2008 08:56

LOL - Some of us have been warning about the situation for a long long time........




Glasshalfull - 24 Nov'08 - 07:39 - 483 of 486....

Reading between the lines it appears that the macro situation has deteriorated further / faster than the company may have anticipated during release of trading statement and that many of us would have anticipated 3 or 4 month back, truth told.