- Stoic Markets
- Upcoming Nasdaq Company Profile Coming Tomorrow! - Stoic Markets
Upcoming Nasdaq Company Profile Coming Tomorrow! - Stoic Markets
China’s Woes Creep To The Surface!
2 years on from China’s catastrophic downturn in their property industry and China’s darling love child Evergrande still lives, but is bleeding profusely.
The company has officially posted over $81 Billion US Dollars in losses over the last 2 years, as the worlds most indebted property developer saw the foundations ripped out from underneath it.
The business just added another $14.8 Billion in losses attributable to its shareholders after a new filing in Hong Kong was released.
The stock hasn’t traded in well over a year at this point, as the Chinese Government decided not to let capitalism take hold, and instead banned anyone from selling their shares.
No doubt had the shares been tradable, the companies share price would look like the most steepest of cliffs.
And of course problems for China are only just beginning to pop up, as a new Cold War emerges between East and West, with the US remaining hegemon of the West, whilst China usurps Russia as headline act in the East.
This development may seem bad news for us, but it actually leaves room for growth in one other massive country, intent on taking over themselves, and that means investment opportunities too!
Upcoming Nasdaq Company Profile Coming Tomorrow!
And there’s one company I’m keeping a watchful eye on that has the potential to grow at a substantial rate, as it disrupts a global market.
This company is producing millions in revenue and is sitting on a few million in cash as of last reported earnings, while tackling an industry growing at a double digit percentage growth rate.
You won’t want to miss out on our upcoming profile, keep an eye out for it tomorrow!
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