What do factory shutdowns in China, shipping delays in Europe and reduced agricultural output in the U.S. have to do with each other? They are all being caused by severe droughts impacting the world's largest economies. Researchers say the dry spells are partly because of seasonal weather patterns like La Niña, but are also related to consequences of land degradation and climate change.
Snapshot: The Chinese province of Sichuan just announced it would extend industrial power cuts and activate its highest emergency response, impacting a number of global manufacturers like Apple (AAPL), Foxconn (OTCPK:FXCOF), Toyota (TM) and Volkswagen (OTCPK:VWAGY). The vital Yangtze, the longest river in Asia, reached its lowest level on record for August, affecting supply of hydropower and causing widespread shortages. Tesla (TSLA) has even asked the government to help ensure its suppliers have a sufficient amount of electricity, with over a dozen of them currently not able to manufacture at full capacity.
Over in Europe, cargo ships have had to reduce their loads due to critically low levels of the Rhine. The waterway is usually occupied with vessels transporting raw materials to power plants and factories, and Italy has even declared a state of emergency along its important Po River. Separately, agricultural forecasters in the U.S. now expect farmers to lose more than 40% of the cotton crop, while many acres of farmland are being left unplanted because of water shortages. In fact, the U.S. Bureau of Reclamation has announced that states like Arizona and Nevada will have to cut their water allocations by up to 21% next year because of the increasing megadrought in the Southwest.
Go deeper: The situation could drive up energy prices as hydro and nuclear power are reduced given the lower levels of water (that cannot sufficiently cool reactors). Higher transport costs and supply chain snarls could also raise food prices, adding to inflationary forces and squeezing a global trade system that was already under pressure from the coronavirus pandemic.
Mabel Top 2 Strikers, Dnex Lionel Messi and Sapnrg Thomas Muller is on attacking mode this morning. Both of them are standing hot on the podium. Serba Cristiano Ronaldo is still sleeping...
Of course. i know smarty pants. There are more outstanding shares in DNeX. So u want to compare 80 sen topglove for example with your lovely hibiscus? Well your share price is higher but you are nowhere near the market cap. Pls get back to us when hibi is near dnex market cap.
True Value will emerge once market uncertainty subside. Hibiscus relied solely on petroleum .Dnex is different from a true blue O &G. Dnex is power by 4 cylinder of growth { ping petroleum, silterra plant , IT & e-services provider & marine cables. Dnex market cap 2.7 billion vs Hisbiscus 1.8 billion market. Hard to generalized betw Hibiscus and Dnex. Hibiscus is solely on production , exploration and production of oil. Whereas Dnex strength lies on its synergy & strategy on its core 4 business { after acquiring both Silterra and Ping petroleum} recently. Each have its own strength .just do your own back to back calculation. dividends and growth potential. Dnex @ 85 sen vs His 98 sen
I never cursed people with rude words and show arrogant to any forumer when promote dnex ! Hibis is too speculative and not for long term growth , see how many days u can sustain n action !
Most important dnex cash flow will increase sharply and expand further their business improve their ROE for future , share price soaring is just a matter of time for a bright future stock with diversify businesses !
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Kokwei
67 posts
Posted by Kokwei > 2022-08-20 00:49 | Report Abuse
Cant wait to see Dnex price next week!!!