Posted by CharlesT > 2018-07-21 15:13 | Report Abuse

I just wonder do u aware of china's policy on their steel production till 2020???

Posted by Jon Choivo > 2018-07-21 15:18 | Report Abuse

https://www.reuters.com/article/us-usa-immigration/judge-praises-u-s-efforts-in-reuniting-migrant-families-idUSKBN1KA154

https://tradingeconomics.com/china/steel-production

Posted by Jon Choivo > 2018-07-21 15:20 | Report Abuse

Haha its a decent ish punt.

But i don't like punting or betting on macro-economy or government policies around the world, because i cant and i dont think people can predict it with any high level of consistency.

I go bottoms up, what is a good business at a cheap valuation. And then i study if there is good macroeconomics behind it possibly, or bad ones etc.

Posted by CharlesT > 2018-07-21 15:25 | Report Abuse

http://www.sunsirs.com/uk/prodetail-927.html

Posted by CharlesT > 2018-07-21 15:28 | Report Abuse

U meant after u bought yr stock u just keep it inside yr safe for 10 years or 20 years?


1) RCECAP 20000 shares
2) AEONCR 1100 shares
3) TIMECOM 1700 shares
4) FAVCO 3000 Shares
5) LIIHEN 2200 shares
6) LATITUDE 1900 shares
7) PLENITUDE 5200 shares
8) DNEX 14800 shares

All yr above shares will not be subjected to any macro-economy or government policies around the world or in Msia??

Posted by CharlesT > 2018-07-21 15:33 | Report Abuse

Anyway I will wait to see u again in I3 by 2020.

Hopefully u can do well

Posted by Jon Choivo > 2018-07-21 15:55 | Report Abuse

http://www.sunsirs.com/uk/prodetail-927.html

Markets are dynamic, if prices go up and it becomes more lucrative, more plants will reopen, pushing supply up and prices will go down etc etc.

The only ones in the list i am willing to hold for a very long time or permanently is

1) RCECAP 20000 shares
2) AEONCR 1100 shares
3) TIMECOM 1700 shares

The rest, its cheap and i don't mind waiting for the contraction between intrinsic value and price.

I am thinking of starting a 10 year stock pick competition (with some different rules to be more suited) :) would be interesting.