I’ve watch and listened to a lot of the news regarding the stock markets and been reading the posts on boards that I hold shares, but there is no mention of shorting. I’m sure I read last month that shorting was banned on the Chinese market. If shorting was banned would this have lessened the fall of stocks worldwide?
and say to yourself, all these billions that have been sold must come back into the market shortly. And my guess it will be the shares that have been hammered most.
I sold my position at just under £15 at a substantial loss as I bought last summer. The reason I assumed for the trend down was as per the last profit warning, but the recent collapse from that rns is the Coronavirus obviously, as once the virus takes hold in any country apart from Iran the population in that town or city will not be very mobile, ie pubs, clubs, entertainment etc. which is what fevr is virtually dependent on. Therefore the sales in the next quarter and/or the following quarter will be severely dealt a blow until the virus is spent and the population get back to somewhat normal habits. Just check out Diageo’s forecast, and what do we want to mix with their liquor. Coke-Cola are in the same boat as with any other non necessities. If the virus is still going throughout the summer months, especially in the USA, I can’t see fevr share price making any gains.
GLA.
I sold my position at just under £15 at a substantial loss as I bought last summer. The reason I assumed for the trend down was as per the last profit warning, but the recent collapse from that rns is the Coronavirus obviously, as once the virus takes hold in any country apart from Iran the population in that town or city will not be very mobile, ie pubs, clubs, entertainment etc. which is what fevr is virtually dependent on. Therefore the sales in the next quarter and/or the following quarter will be severely dealt a blow until the virus is spent and the population get back to somewhat normal habits. Just check out Diageo’s forecast, and what do we want to mix with their liquor. Coke-Cola are in the same boat as with any other non necessities. If the virus is still going throughout the summer months, especially in the USA, I can’t see fevr share price making any gains.
GLA.
Well put the_sharemiator, it has been reported that a vaccine has been made in the U.S. and is going on a 6 week human trial. As for the number of people infected, even if that was doubled, put that against the population in the exposed area and the percentage is still very small, all down I would say to China’s lockdown of all the population in the province. Compare that rough estimate to the diamond princess cruise confinement were the people on board were allowed to walk about the ship, of about 3700, over 600 had contracted the virus. I would assume the same will happen in the Tenerife hotel were the guests have similar freedom of movement. It is now being reported that in the states and E.U. that the virus will have free reign.
As for copper I still think the price will recover quickly.
If the virus gets into Syria and infects the refugees and refugee camps in turkey, which there are I believe 3 million all living in unhygienic and cramped conditions, no medical care and impossible to isolate the infected with a 2% death rate, turkey and the EU will have a massive problem. As mentioned by someone on this or another board, there will be no stopping the spread of the virus and there is no point for quarantine. Sorry for the glum possibility.
Middle East must have a big problem, all the facial and hand shaking greeting. What’s happening in Russia and Africa?
Copper has a bottom price unlike some consumer goods that can be discounted to below cost to reduce stock levels. Regarding consumer goods I know that if any of my household appliances, phones, t.v. Etc. we’re in need of replacement, they would be replaced and I think most households would be the same irrespective of the Coronavirus, therefore replacement demand will always be there. Given that a vaccine is reportedly 15 months out and the virus could ease over the summer things shouldn’t be to long in getting back to normal. As stated QE would be required in any country that is severely affected. Any slow down in demand for goods just now surely bodes we’ll for increased demand once things get back to normal.
My thought is when the Chinese get back to full manufacturing production, which I don’t think will be too long. The Chinese will not keep their factories closed for long, the virus is predominantly affecting the old and people with underlying health problems who I presume don’t work in manufacturing. The working population will still have bills to pay etc. therefore I think returning to work will not be a problem, the demand for raw materials will return. The goods for export will still be shipped. What I think will have a longer affect will be holiday, entertainment and sport occasions where large amounts of people congregate.
I think there is also a lot of subtle scaremongering going on which has made people a lot of money, and once it bounces up these same people will make it on the way up. The first most of us knew about Italy was late Friday, by then there was over 100 affected and two deaths.
Is the world going to stop drinking coca-cola products due to the Coronavirus?
Are there other reasons for the drop in SP?
Coke products are made in each country, very little supply chains.
https://medium.com/@tristanhcole/cobalt-do-todays-prices-have-a-ceiling-5e9e60224a56
Very informative
This virus will have a bigger impact than the us/China trade war. Today’s news is that the whole Wuhan area is in lockdown 56 million people. China already not importing goods, therefore not much getting manufactured for export to the world, supply of parts to other countries for assembly must also be affected. Then there will be the time it takes to get the supply lines reopened with goods once the virus is under control.
Don’t forget, increase in money supply will devalue the Chinese currency.
Last year some of the guys mentioned fevr must have a brilliant marketing team, from about zero in shops to top drawer. If they can do the same in the states then the share price will zoom up.
Been here for 18 months, don’t see this going anywhere now. It’s a write of for me.
Simply wall st. have a piece on eqtec from 10th. October regarding its net debt. Couldn’t copy it to paste it here.
So Trump is delaying a tariff hike because China is having an anniversary on that day! What an excuse for something, I don’t believe that line. More like he is playing the markets.
I think trump and his pals are making a fortune playing the markets. Every time he tweets a teez then shortly after rebuffs the Chinese, spike, rinse repeat seems to be the situation all year. AIMO
Despite the weak market, the world’s largest battery makers remain keen on securing future supplies of lithium to meet demand, which is expected to triple and reach a value of $100 billion by 2025.
Interesting bit on lithium $100billion by 2025