How the Six-Day China Rally Stacks Up to Other Major Market Events* Fueled by aggressive economic stimulus package, an amazing run-up occurred in China equities ahead of PRC National Day. The streak continued when the market reopened after a one-week break. On October 8th, 4,976 stocks opened up by 9% or more; only 5 stocks opened down. All in all, benchmark index CSI300 posted a 32% gain in SIX trading DAYs. The amount of time taken for the US market to rebound 3...
10baggerbamm
102329055
:
are you kidding me I got news for you if China does not stimulate again the economy in a very big way Monday you're going to lose BIG%, it's going to be a gap down before you can even get out. if they do this monster gargantuan stimulus that's was supposedly going to happen on Monday if they do that on Saturday then it's an enormous Gap up on Monday morning it won't be as high as the last leg up the first time and that's because the first time you had huge shorts in the marketplace but you will see about a 50% retracement of what the former high was to the recent sell off the lows this week
The decreasing ROCE and falling revenue despite more capital being deployed in the business are concerning trends for Inner Mongolia ERDOS ResourcesLtd. These trends do not bode well for the company's long-term performance.
Despite earnings per share growth, the market appears pessimistic about the company, as shown by its low P/E ratio of 9.18. The company's 6.6% loss over the past twelve months wasn't as severe as the market's 24% loss. However, warning signs associated with the company should be considered in investment decisions.
Despite a drop in share price, Baowu Magnesium Technology's P/E remains high, possibly due to confidence in future earnings. However, 9 warning signs, including 2 significant ones, should alert investors.
Xiangtan Electrochemical's low P/E ratio, despite a share price drop, may seem bullish. However, dismal earnings and expectations of limited future growth have repressed the P/E. The inferior earnings outlook forms a barrier for the share price.
Inner Mongolia ERDOS ResourcesLtd's low P/E ratio is due to below-average growth, with expectations of this trend persisting. Shareholders' acceptance of the low P/E ratio suggests a lack of confidence in future earnings surprises.
Inner Mongolia Junzheng Energy & Chemical Group's low P/E ratio is due to poor earnings in the past year and market expectations of this trend continuing. If medium-term earnings trends persist, significant share price growth is unlikely soon.
Despite a rise in capital and decrease in liabilities, Baowu Magnesium Technology's ROCE is on a downward trend. However, its shares rose by 184%, signalling misplaced investor optimism amid unimproved underlying factors.
Despite a spike in stock prices, the trends of ROCE and sales make it unlikely that Inner Mongolia Junzheng Energy & Chemical Group Ltd will be a multi-bagger from now.
Fueled by aggressive economic stimulus package, an amazing run-up occurred in China equities ahead of PRC National Day. The streak continued when the market reopened after a one-week break.
On October 8th, 4,976 stocks opened up by 9% or more; only 5 stocks opened down. All in all, benchmark index CSI300 posted a 32% gain in SIX trading DAYs.
The amount of time taken for the US market to rebound 3...
No comment yet