口若悬河的卡洛斯
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口若悬河的卡洛斯
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The market has been experiencing somewhat of a sideways consolidation over the past few weeks. This is a much needed consolidation as the market has been on a historic bull rally and needed to cool off. But the major indices have not yet entered into any correctional territory, technically speaking. Will this consolidation lead into a full-blown correction? Or will the market break out into new all-time highs before making new lows into correction territory?...
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口若悬河的卡洛斯
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As the cherry blossoms bloom, we're excited to unveil new horizons for our Singapore users in the Japanese stock market! 🗾🎌
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Dive into Japan’s Markets 📊
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口若悬河的卡洛斯
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$Coupang (CPNG.US)$ is down now but long term wise, the stock will rise as it dominate the Far East.
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$Coupang (CPNG.US)$ $Pan Pacific International Holdings (ADR) (DQJCY.US)$Since I sold cpng for $30 and exchanged it for Don Don Donki, Donki has increased by 13% and cpng has decreased by 12%. The experience is that companies that burn money without a clear profit schedule really can't be touched. The situation of the epidemic in Japan has improved, and after the recovery of tourism to Japan, the good days of Donki are really coming.
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$Cleveland-Cliffs (CLF.US)$ american steel price stays at all time high everyday. profit margin was not seen in decades. cliffs is literally printing profits everyday, yet steel stocks are being dumped. steel price in US is up again today and steel stocks are dumped. let's see what happens when results are out.
口若悬河的卡洛斯
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$Coupang (CPNG.US)$ $Pan Pacific International Holdings (ADR) (DQJCY.US)$
Finally give up hope and switch all my CPNG positions to Don Don Donki instead.
CPNG is bleeding cash and will continue to bleed for a long time. I have no idea whether CPNG can fully monopolize Korean market soon, and don't know if CPNG can ever compete effectively against Taobao, SEA, or Amazon when it expands out of the tiny korean market.
However, I do like the fact that Don Don Donki already has long history of making profits in Japan. And when decides to expand internationally, easily won hearts of Singaporeans despite the worst timing of entry (pandemic).
Look at the long queues at Donki cashier even at midnight. Remeber this is still the worst time of pandemic with ZERO international shoppers. Donki will fly once pandemic eases.
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Finally give up hope and switch all my CPNG positions to Don Don Donki instead.
CPNG is bleeding cash and will continue to bleed for a long time. I have no idea whether CPNG can fully monopolize Korean market soon, and don't know if CPNG can ever compete effectively against Taobao, SEA, or Amazon when it expands out of the tiny korean market.
However, I do like the fact that Don Don Donki already has long history of making profits in Japan. And when decides to expand internationally, easily won hearts of Singaporeans despite the worst timing of entry (pandemic).
Look at the long queues at Donki cashier even at midnight. Remeber this is still the worst time of pandemic with ZERO international shoppers. Donki will fly once pandemic eases.
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$Pan Pacific International Holdings (ADR) (DQJCY.US)$ This is don don donki, anyone who likes their supermarket will know how popular their sales are. If the epidemic ends, tourists can go to japan, Hong Kong or Singapore, and this store will make a fortune.
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