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Mr Mankini - good example oflevel of discussion by some. Well done for your excellent example of silliness! 👏😏
Have good day - use in research if Economics maybe! 🦉
I'm expecting the approval in May which will mean anyone picking up stock at these levels will be cleaning up.
Upside targets are pretty vast
Just logged in & saw 5 posts to read, something exciting happened?
Nope, 4 filtered posts & 1 from Captain Uber Ramp 😂
Short version - Hasina will have NO choice! (stubborness or any other BB logic will not come into it)!
Header say all & really what points to options available to Bangla Govt.
Yesterday's News - "Bangladesh Miss IMF Fx Conditions - Ask China for 36 BILLION Yuan Loan to Reduce Pressure on Dollar Reserve"
That is massive indicator & not something to ignore if people understand how Govts / Economies work.
IMF put conditions for reasons and this is a loan for 25% of the net reserves needed by end of June - that is huge deficit to make up!
Any lender will have CONDITIONS and this help to make sure foundation in place to be able to service Loan.
Fundamental problem come from high cosr of imported energy - this has NO near term solution or relief.
Only other solution is DOMESTIC Energy production. If this is not followed then crisis worsens - Govt as borrower, IMF & China as lender knows this.
We know Phulbari is the BEST & QUICKEST way to start to address this with key China interest central to this.
We have had short term price dip due to placing issue (which some mischievous posters try to take advantage of) but think all can see how fundamental reason for price Rise still there & only matter if time to push back in.
Think we see that now & with even Stronger indication after Prime Minister Office approach China yesterday for major Loan to prevent IMF conditions default.
Sensible ones will understand - foolish ones will still play 'BB games'.
🦉
Preparing all for the Announcement of Open Pit Mining go ahead by sounds of it!!
Should get feedbackback from Project proposal put forward in April & all signs leading towards go ahead including yesterday News of problems with IMF conditions & going to China for $5 Bn loan to address this.
These are things to look at which point to REAL Developments and not political speech on own (or BB chat).
*Seperate if you really have interest in technical indicators - "The Market is finally giving indication of a BULLISH RESURGENCE"
I will go with background Intel fundamentals which ALL point in investor favour but this is something for ones who play that game of talking about trading lol.
No surprise with expected fundraise out of way, time passed to clear lot of stock & getting back to focus on developing investment picture.
Yesterday IMF crisis point for Fx balance & China loan for bailout was Huge if people understand this things!
🦉
It appears there is only one way out for them… and that’s to approve the construction of the coal mine
The money is there from China Power. GCM are on the cusp of something huge
Https://en.prothomalo.com/amp/story/bangladesh/parliament/iw2du7x6yh
Prime Minister Sheikh Hasina Wednesday said in parliament that the conflicting situation in the Middle East may affect the economy of Bangladesh.
“It can be presumed that the brunt of the conflicting situation in the Middle East may affect the social, political, and economic aspects of Bangladesh as well as the whole world. This conflict may have some effect on the country’s economy,” she said.
She mentioned that if the ongoing crisis in the Middle East gets more concentrated and prolonged, it might impact Bangladesh economically. “The government will take necessary measures in this regard,” she said.
Taka rate devalued, inflation sky high, IMF target missed, billions provided in loans as bailout, economy on the brink…
Https://finimize.com/content/bangladesh-tightens-monetary-policies-amid-economic-strain
....she is stalling as usual and spinning out the idea that Bangladesh should wait before committing to a project. She has neither the drive or skill to manage a project of this scale so she is looking at any excuse to delay Phulbari.
The good news is that she is up to her elbows in debt and as we saw earlier, wiggle room is diminishing fast
And that right there is an example of the fine standard of posts here.
Thick.
Forget about a balanced, fair and realistic view here @professional.
The responses to my posts today have in the most part been pathetic.
Just hope hope hope, blinkers on, confirmation bias overload.
She said, "We have to make the development of our country in such a way that our ability could increase and dependency on others could decrease."
As said. People do not like a balanced view...and than try to dismiss it by making things up ...
Makes them happier but not richer.
See you tomorrow for a new trading day
Is MP Hasina saying this so she can now justify giving the green light to Phulbari ??
PM Hasina said, "We have to make the development of our country in such a way that our ability could increase and dependency on others could decrease."
Prime Minister Sheikh Hasina on Tuesday asked the authorities concerned to assess economic possibilities and benefit first before taking any development project.
"Before taking any development project with huge investment, we should first think about how many people will be benefited by the project and what will be its economic prospects," she said.
https://www.thefinancetoday.net/article/national/24647/Evaluate-economic-prospect-before-taking-dev-projects
Looks like they are going to need more coal soon :)
More debt on importing for the moment at least!!!
“The unit is now undergoing test run which is expected to be completed during the current month, he said.
"So we shall go to commercial operation in the next month of June," Abul Kalam Azad said.”
https://www.observerbd.com/news.php?id=471627
Ask him about the IP Addresses hecsays he has of everyone on the MATD board! 😂😂
I can understand why wise owl! Lol
Professional Liar's biggest lie today was - 'I am.here to make money. Simple. I do it by trading: simple'
Well his post history shows all of the shares he has promoted are all in the red. Whilst the 1 share he's spread negativity on is 800% up ytd! So it's hard to believe he makes money at all! Lol
On every bb people like to hear positive stories and that they all will be rich soon...
Balanced views (if it means SP down) less popular.
I hope i prevented some people to buy at 10 when Wos said it would multibag blahblah but do what you want wink wink
All i can say buying below 6 better than at 10.
I think we will be able to buy at around 4 . But lets see.
Just my traders point of view. Dyor and do not fall for the stories you hope will be correct. Cheers
"PROFESSIONAL LIAR" - that's what we know him as on the MATD board!
What else can we say!
Have good evening all 🦉
Youknowiamright...
I am.here to make money. Simple.
I do it by trading: simple
I just follow the signals the Crew send. Simple.
We all know Wos provides no fundamental info so i do not have to say it anymore. I only follow him as hé makes me money with his ....well...stories...simple
The volume numbers are there to see for everybody.
You hope selling placing shares is over . I think it is notm
Let the SP do the talking and do not forget the next sell wave i highlighted. It is all basic stuff.
Ofcourse if hasina signs all best off.. Just as if she says it is a NO.
Professional Liar - the turnover figures say the 30m shares have been flipped on. There is still strong buying each and every day. The main shareholders who are closest to the project haven't sold a single share, even when 10p was available.
What is your agenda posting negativity on here day after day? Is it just to annoy your MATD nemesis WOS?
Flipping placing shares is almost certain not done.
And do not forget about the new sell wave...traders cashing profits...going elsewhere with more chance of a quick trading profit
Wos: thanks for the signal. I assume is for tomorrow start shhhh
Showing +7.48% Up on google finance! 🤔
🦉
The 30m shares, 10%, have been well flipped by now. All safely pocketed and waiting, just like us, for the next news. Polo, Dyani and DGi are all still holding the same amounts to 30%. Brearley & Sons are still holding 8%.
Even at 10p none of the above looked to trade or cash out.
That's about 50% of the shares all accounted for. If they're not selling then there is no problem. Everyone knows the position, China influence is growing, Powerchina are onboard and Bangladesh in the midst of massive power outages are desperate for the coal and have no credit lines left to buy it.
Can't be long to wait now.