Hawaiian

8 hours ago, Baron Samedi said:

Well I guess we have different sources.

 

I believe there is still plenty of room for growth in China and I believe many Chinese tech stocks are undervalued. Those companies are growing domestically as well as internationally and will continue to do so for the foreseeable future.

 

As for China's future as a superpower, technology rules the world. Right now it's essentially China against the US (with the US still dominating I guess). There is no doubt that China will face demographic problems around 2040 but they also have plenty of room when it comes to optimizing their system (corruption, education, digitalization, etc..). The Koreans and the Japanese did it so why not the Chinese?

 

I guess we'll see what the future holds. But I'm pretty confident China will be just fine all things considered.

Undervalued stocks are cheap for various reasons.  Risk is a major factor for low values, especially for Chinese stocks.  To each his own.  At my age I don't have time to play risky games.

1 hour ago, Gknrd said:

Most of these people are just haters, and most don't know what the market is doing IMHO. Anyone that trades stocks know that the Chinese stocks are a nightmare to get information on and have to be taken with a grain of salt. The reason they are being delisted and in such bad shape is they are not transparent. The US definitely has it's problems but if I dig deep enough I can get good information. China!  It is a <deleted> shot at best. 

There is some good undervalued stocks out there now. I am sure China has allot of good stocks that have been beaten down just like everyone else. Getting good information out of China is just a nightmare.

At this point best to leave the Chinese market to themselves. 

"It is a <deleted> shot at best."  Right, it's a <deleted> shoot.  As I mentioned earlier, most Chinese are not investors, but gamblers.  This description was penned by a long-time watcher of China's financial markets.  He lived in China for many years so I respect his opinion.

On 9/9/2022 at 4:09 AM, IvorBiggun2 said:

Worse problem after my house build was my windows. I had wooden ones fitted but they leaked like sieves from day one. Probably worse than sieves. When the glass was fitted they never sealed the bloody things. Within a year of my build I had to remove them and replace with uPVC.

With regards to the roof I was told by another farang to put in a rubberized membrane under the tiles. That was good advice but the builders found it difficult to install because they couldn't attach it to the metal laths. I had to bodge repair any leaks as and when myself. All dry now.

Unfortunately, this does not only happen in Thailand.  During my years as a general contractor I had a slew of jobs repairing shoddy, unprofessional work, much of it by licensed contractors.

1 hour ago, chacha boom said:

All Americans are hypocrites. It's your main heritage and common denominator. I suspect that goes for you too "Hawaiian"...

I assume you are an a person of outstanding , high moral character, unquestionable integrity, with no hint of personal prejudices and biases.  How did you inherit such perfect genes?

8 hours ago, Gweiloman said:

Interesting why you think WW III will start. That will only happen if America decides to engage, being the warmonger that they are. Asia is not their backyard. China won’t care if America invades Cuba.

 

I wonder how the real Hawaiians feel about America occupying their country. Going back further, the native indigenous Indians of America, thousands of their women were raped too @walker88. Also thousands of black slaves who were kidnapped and traded like animals.

Real Hawaiians overwhelmingly voted for statehood.  Incidentally, the Hawaiians of old owned slaves.  King Kamehameha I used American advisers and American weapons to invade and conquer the islands he did not control.

Want to know how real Hawaiians feel?  My native Hawaiian relatives are proud Americans.  In fact one served as a U.S. senator.  Several are retired military veterans.

8 hours ago, Gweiloman said:

Pelosi said the riots in HKG were a beautiful thing to see. Did she say the same about Jan 6? Double standards, as the world has come to expect of the (Dis)United States.

Nancy Pelosi represents the Democratic Party that is determined to undermine democratic freedoms and constitutional rights in America.  And yes, she is a hypocrite.

8 hours ago, newnative said:

     Your abortion statement is incorrect.  The Supreme Court left it up to the individual states to decide how to handle abortion; Kansas voters recently voted to retain abortion rights.  Abortion is still legal in the majority of the states; it is likely to become illegal in 16 states, which would mean a woman in one of those states would have to travel out of state to get an abortion.

It's still legal in my state and that will not change anytime soon.

3 hours ago, Baron Samedi said:

Well I guess we have different sources.

 

I believe there is still plenty of room for growth in China and I believe many Chinese tech stocks are undervalued. Those companies are growing domestically as well as internationally and will continue to do so for the foreseeable future.

 

As for China's future as a superpower, technology rules the world. Right now it's essentially China against the US (with the US still dominating I guess). There is no doubt that China will face demographic problems around 2040 but they also have plenty of room when it comes to optimizing their system (corruption, education, digitalization, etc..). The Koreans and the Japanese did it so why not the Chinese?

 

I guess we'll see what the future holds. But I'm pretty confident China will be just fine all things considered.

If things are so rosy in China why are so many Chinese trying to flee the country.  Those that succeed tell a different story than yours.  I just met two well educated Chinese brothers, who spoke perfect English, tell me they have no desire to ever go back.

17 minutes ago, Gweiloman said:

Matter of time before TSMC comes under the control of China. Why else is America panicking.

 

He who laughs last laughs best.

Knowing the Taiwanese, they will booby trap and destroyed TSMC facilities before handing them over to  CCP forces.

6 minutes ago, Gweiloman said:

Plenty of world renowned experts talk about the rise of China. But of course, the “real” experts on Aseannow know better ????.

Even the world renowned China experts disagree on China's future. 

2 hours ago, Baron Samedi said:

Not even true. Chinese A shares (mainland) performed better than HKSE/NYSE chinese shares did. Plus everything depends on when you bought.

Morons tend to buy stocks that have risen and they usually regret it.

Smart people tend to buy the dip and make money.

 

So you are telling us what every successful investor knows.  Knowing when to buy and when to sell is the tricky part that separates the winners from the losers.  But I guess you have that all figured out. 

1 hour ago, Gweiloman said:

It is highly entertaining to read how many here are predicting doom and gloom for the world’s next superpower.

 

The development of China is something never seen before in the world. The BRI will bring incredible benefits to participating nations. Yes, of course there are setbacks; this is normal for any large scale projects and this is the largest global project the world has ever seen.  
 

Fact of the matter is that China will single-handedly pull all its Asean neighbours out of 3rd world to 1st world status and challenge the hegemony of the west. In time to come, the Global South and BRICs will decouple from the USD as the world’s reserve currency. The writing is on the wall. The wests’ decline has begun and the sanctions imposed on Russia and other countries has just released the brakes entirely.

Dream on.

1 hour ago, Baron Samedi said:

Not even true. Chinese A shares (mainland) performed better than HKSE/NYSE chinese shares did. Plus everything depends on when you bought.

Morons tend to buy stocks that have risen and they usually regret it.

Smart people tend to buy the dip and make money.

 

"Fools rush in where wise men never go"...............

11 hours ago, Baron Samedi said:

You obviously have no idea how China is developing or how markets work. You should read more.

One thing for sure is that the majority of Chinese investors are not.  They are gamblers and sheep.  I have never owned Chinese stock and never will.  I am not a gambler.

12 hours ago, placnx said:

The delisting on US exchanges may still happen, because certain issues have not really been resolved. The FASB (Financial Accounting Standards Board) is sending people to Hong Kong to see whether the proposed solution will work, but meanwhile China is giving their own interpretation of what was agreed.

 

A digital currency may give the Chinese government much closer control of people, which seems to be a mania of Xi in particular. Stopping the flight of capital is just one aspect.

Agree about the possibility of delisting happening.  Personally, I think it is just a delaying tactic by the Chinese, buying time to implement some financial manipulation.

10 hours ago, JackGats said:

Europe's economy is in for some bad time because of Ukraine. It wouldn't be bad for 
China to go through a bad spell as well. This will relieve pressure on the energy market. Plus, if everybody is in a spot, nobody is. All economies/currencies going down together. No winners, no losers.

The U.S. dollar is still on top of all major currencies, including the euro and yen.

12 hours ago, Gknrd said:

Wish I was as optimistic as you. I have seen it take a plunge unlike any other.  Mexico stock has taken off like a shot.. Amazing.. Personally I am only holding to see what the climate is like in a year or so. I think I will jump ship. To much turbulence for me. Mexico is looking so much better.. 

I will take a loss , but with the political climate best for me I think.

Best of luck.

Even with the drug cartels and corrupt government officials,  more production in manufactured goods is happening in Mexico.  Many products are of better quality and delivery is more reliable.  All of this at the expense of the Chinese economy.  Smart money is moving out of China and into Mexico and elsewhere. 

44 minutes ago, Baron Samedi said:

China will be just fine.

Their central bank didn't even start with QE.

China won't have a banking crisis.

Growth forecast for the next 10 years stands at 5%.

Chinese middle class still growing.

Thailand should worry about its own domestic problems.

 

 

China's aging population will hinder its growth.  Five percent is overly optimistic.  

2 hours ago, HaoleBoy said:

This article just talks about the Chinese Property Market and its demise.  Another factor in this are the local governments that were building schools and infrastructure while properties were booming.  Now the CCP must bail out the local governments.

 

The Silk Road initiative is also a weight around the CCPs neck.  A lot of money loaned out with no chance of repayment since these foreign governments are going bust.

 

Recently read that Chinese debt is up to 289% of GDP this year.  Yes, the US debt is around 98% of GDP, but 289% is huge.

 

Thailand hitching its prospects on Chinese for anything will lead to a long road to hell.

I mentioned the enormous financial strain the Silk Road initiative is having with little return to show for in a blog on Thailand's attempt to acquire  F-35 's from the U.S.  My comment was dismissed by several posters.  Unlike you, they do not understand how serious the problem is for China.

To avoid delisting of some major Chinese companies from U.S. stock exchanges China has recently agreed to comply with SEC auditing rules.  This comes after years of refusing to do so.   Another sign of China's financial problems.

And isn't China experimenting with a digital currency to stop the flight of capital?  

Is this the beginning of the implosion Gordon Chang has been talking about?

23 hours ago, Don Chance said:

I assume it is flat roof.  Which needs to have a thick tar layer and proper drainage to withstand water penetration.  Every flat roof will leak otherwise.

Either tar or a rubber compound. Rarely do you see a Thailand building finished properly. You really need a complete vapour barrier over the entire building envelop to protect it.

 

Proper drainage on a flat roof means slight sloping to adequate drains.  Water needs to drain so there is no standing water to cause hydrostatic pressure.

On 9/6/2022 at 11:55 PM, Wuvu2 said:

The government took delivery of the building during the dry season. That's the oldest contractor trick in the book ???? 

Where I live a new home has a 1 year warranty against defects.  Public and private contracts also have warranty clauses for various lengths of time.

On 8/28/2022 at 4:52 PM, Photoguy21 said:

Be nice if the arrivals could be speeded up. I have waited as long as 1 1/2 hours to get to the IO desk which after a 12 hour flight is very tiring.

Lucky you.  On one occasion it took us nearly 2 1/2 hours.  Security had to intervene when people  (Chinese and Indians) began cutting in.  This was at 2:00 am.

15 minutes ago, Thunglom said:

gain this is NOT dual pricing it is concessions for "deserving" groups.

 

What Thailand needs to do is scrap the "banding" of NPs and price entry according to each NP - this could include discounts for locals, pensioners, students etc.

 

No where in my post did I mention dual pricing.

On 6/5/2022 at 1:48 PM, ThailandRyan said:

No it's not.  Non resident pricing for Disneyland and some places like it have always been done as locals go more often, but you do not pay more to go to a museum or national park....nice try.

Years ago I bought a lifetime Golden Age Pass for $20.  It entitles anyone in my vehicle free entry to any U.S. National Park. 

Here in Hawaii, we have free entry for locals at most state parks which requires a local ID, such as a Hawaii drivers license.  The national parks do not charge entry for local  (usually Native Hawaiians) hunter/gatherers and cultural practitioners.