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$JMH USD (J36.SG)$$DFIRG USD (D01.SG)$$Jardine C&C (C07.SG)$...
USD drops against Rupiah. Good news for Jardine Matheson, Jardine C&C and DFI with businesses in Indonesia. They reported earnings in USD terms. US FED rate cut in September will further make USD drops more.
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nmnhnlm : And your JMH and dividend in USD also drop. LOL
nmnhnlm : We should be looking at coal prices at Astra, and not USD.
Deep Sea OP nmnhnlm : USD drops is good for commodities as they will be cheaper to buy as they are traded in USD. The commodities will sell well when they are cheap.
Deep Sea OP nmnhnlm : Their reporting currency is in USD. This will boost their earnings in terms of forex gains from Rupiah to USD.
Deep Sea OP nmnhnlm : My USD in JMH stock won’t be converted into SGD, as I can use it to buy US stocks when they drop cheap.
nmnhnlm Deep Sea OP : lol ok
nmnhnlm Deep Sea OP : lol ok
nmnhnlm Deep Sea OP : lol ok
524773 Deep Sea OP : haha if JMH remain undervalued can use to get scrip dividend instead.. if JMH went up in price until not so undervalued then oh well ... nice problem to have. maybe need to find other good value things to spend the USD.