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drbubb

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  1. Mint's usual Turn-of-year Surge is targeting $18.00-18.60, maybe higher MNT.t is like a Gold-in-CAD etf MNT.t / Royal Canadian Mint ... update : Gold in CAD CAD ==
  2. HIGHER SALARIES could help push up Rents in some areas (Makati maybe? BGC?) Mid-level professionals expect up to 60% higher pay Changing jobs could bring salary rises of 20% to 60%, where there is high demand Key areas: + People with over 10 years experience, due to scarcity of top professionals + In banking & finance, people who are more than numbers crunchers, with soft skills; With new BSP regulations, compliance and risk management skills + Hardest to recruit are technology professionals. Some with key skills are getting 60% rises Companies are said to be making more investment in training mid-level professionals > https://www.pressreader.com/philippines/the-philippine-star/20181210/282325386054923 2018 Salary Survey : > https://www.robertwalters.com/content/dam/robert-walters/global/files/salary-survey/salary-survey-2018-southeast-asia-greater-china.pdf
  3. Improving Volume in GCM, over the last two days Is this signaling an important breakout is underway? Has a predator taken an interest, and tried to de-ramp the stock, to buy cheaper? ... GCM-etc : =====: GCM.t, vol. : TPRFF vol.: Total : MUX.t , vol. : MUX-, vol. : GDXJ / vol. : GCM/GDXJ 11/30: 2.53 048.0K: 1.92 03.8k: 051.8k: 2.35 116.6k: 1.76 1.43M: 26.59 8.10M: 0.64% 12/03: 2.59 061.6K: 0.00 00.0k: 061.6k: 2.36 150.0k: 1.78 1.79M: 27.07 8.62M: 0.71% 12/04: 2.62 062.8K: 2.00 28.1k: 090.9k: 2.41 100.3k: 1.81 1.40M: 27.16 7.54M: 1.21% 12/05: 2.64 019.1K: 0.00 00.0k: 019.1k: 2.40 033.4k: 0.00 0.00M: 00.00 0.00M: N/A 12/06: 2.69 104.3K: 2.00 18.3k: 122.6k: 2.42 138.0k: 1.81 2.39M: 27.22 9.79M: 1.25% 12/07: 2.78 127.0K: 2.08 90.7k: 217.7k: 2.41 109.4k: 1.82 2.26M: 28.04 17.5M: 1.25% ====== change : +9.88% ==: +8.33% ==: =====: +2.55% === : +3.40% ===: +5.45% An odd article was published in the Motley Fool, someone tried to Bash GCM using 2-3 year old information. Was someone trying to drive the stock lower , so they could Buy shares cheaply? (From the Bullboard, Stockhouse Forum): the Fool - Wayned (12/07) I thought we must be under a halt today with the jump in gold and our lack of trading . But I just found the reason . Once again we are getting hacked by the media with two year old information spun into a new story* by Motley Fool . Before anybody says the Fool has no influence you are dead wrong . They have huge circulation and when we trade 30 k shares when gold is on a run , they obviously have great influence . The article goes for the throat right off the bat calling GCM a serial destroyer of wealth and one of the poorest managed companies in mining , etc. etc . There is small acknowlegement in the middle about restructuring but then a vicious slash at the end about having no reserves and among the highest ASICs in the business . It`s hard to believe they can publish trash like this . It is even harder to believe the company won`t do anything to defend itself , make a fuss , publish a rebuttal and gain some eyeballs . Oh yeh I forgot . The weekend is coming up . / 2 / Someone probably paid them to do a hit piece. Which probably means someone is trying to buy a big chunk and needs help getting cheap stock. Happens frequently on Seeking Alpha, too. Looks like we are up about the same as Teranga, so that piece isn't doing very much so far. Read more at http://www.stockhouse.com/companies/bullboard#b3A5zg0BTidUzmBg.99 *Is This Gold Miner a Sound Investment? Matt Smith | December 7, 2018 Serial diluter of investor value Gran Colombia Gold Corp. (TSX:GCM) is once again touting for investors and seeking to attract further capital. The company, which is the largest underground miner in the Latin American nation of Colombia, has a long history of overpromising and under delivering for investors while riding roughshod over local communities and acting solely in the interests of insiders. While Gran Colombia has made significant progress on improving its operations and strengthening its balance sheet, there are no clear indications that this has changed. Nonetheless, the miner has performed strongly over the last year, seeing its stock soar by 32% compared to gold losing around 7%... The miner has reserves of 660,000 gold ounces at Segovia and 3.9 million ounces of measured and indicated resources at its Marmato property located near the city of Manizales. While the lack of proven and probable gold reserves is of considerable concern, Gran Colombia’s Marmato and Zancudo properties possess substantial potential, thus helping offset the risks associated with Gran Colombia’s low level of reserves.... ... Gran Colombia has been a very difficult stock to like for some time. It has a long history of destroying shareholder value and failing to maximise the potential of its operations. The low level of proven and probable reserves, as well as high AISCs along with a lack of community support for its Segovia operations create considerable concern about Gran Colombia’s ability to unlock value for investors. > more: https://www.fool.ca/2018/12/07/is-this-gold-miner-a-sound-investment/ ODD Comments! "very difficult stock to like for some time" - but: "stock soar(ed) by 32% compared to gold losing around 7%" ?? I LIKE a stock that outperforms like that!
  4. With the bonds, it is still my largest position, by far THIS TIME... I do hope that the breakout, if we see it, is sustainable GCM ... update : Last C$2.77 +0.08 An uptrend in Gold prices would help
  5. LEFTISM... is really about Virtue-signaling using other people's money Like Margaret Thatcher said: "The problem with Socialism is... Sooner or Later you run out of Other People's Money" Classic examples are: + Students, who do not yet have income, or + Females or Minorities who took degrees in "grievance" fields, like Womans Studies, Black Studies, & Gender studies, find that they cannot get a job paying a decent salary) (the whiny b/tch, O-Castro, who 'accidentally' got elected to Congress is a perfect example of the later: She virtue-signals on EVERYTHING without having a single clue about how the economy really works.) These people then want to BOOST TAXES on those who are working hard in challenging jobs and are making a good income. The money will then be used for government programs to "help" those who are unemployed. or on low incomes, even if the reason that they are in such a state is because of flecklessness or poor choices. Essentially, Leftists want to avoid responsibility & gain power through the State while enslaving hard-working "Normies" who pay the taxes. (check out the percentage of taxes paid by males.) SEE > Leftism is a Religion:
  6. GCM to-MUX ratio ... Headed to: 1.4-1.5 Maybe ? A breakout above 1.15 looks likely Day to Day compared ... update: Gcm.to-$2.70 / Mux.to-$2.40 = R-1.125
  7. It's TIME for a Dividend RE:...:HOW ABOUT A DIVIDEND!!!!! (A Guess?) Dividend will happen at $1450 gold or do. Totally gold price dependent. Maybe share buyback instead. . / 2 / Knocking it out of the park with IRR has done nothing for the share price in recent quarters. Our debt is under control and is at par or even well below industry standards, so paying down dept won’t help in the short term. Having only 48 million shares out there is amazingly low so buying back shares makes no sense and would have no impact on share price. Goldcorp yesterday announced a 2 cent dividend!!! Yes GOLDCORP!!! big deal. 12 bucks a share and 2 pennies for that size of a company! So we have only 48 million shares out there, matching Goldcorp’s 2 cent div would cost the company ONLY $960,000 or better yet let’s say a 4 cent div which would cost them $1,920,000. So what ! It’s peanuts, they can afford it and for us longs ( before the 15-1 reverse split) we deserve it. To this day I still can’t believe the sp and volume is so low, producing 225k ounces annually, 10-15 million ounces in the ground, very low float, money in the bank this should be much higher. This is just like owning a gold mine!!! Wait a minute Ha it is one lol! My fear here is with all the deception, greed and manipulation these days in the markets this company will be swept right out from under us with a measly 20% premium. I hope I’m wrong but many have in the past. GLTA and enjoy the upcoming holiday season. / 3 / Normally, I care little for 1-2% dividends if there is a better return in increasing production/reducing costs or making share buybacks when the stock is priced low. (SAND announced a plan to buy back 8m shares (10%) over the next year and the stock has experienced a nice upward kick.) GCM is continually overlooked and has to be the best value for a gold mining company. They need to do some things differently to get noticed. (It might also behoove them to spend a bit more on drilling to strengthen their reserve numbers, that's their key weakness to most investors.) Given that so many investors want dividends, even if low, maybe it's worth considering. As noted, it wouldn't amount to much. GCM is one of my larger holdings. Continually recommend it to others, but generally ignored. Keep asking myself if I should buy more, though, as it should really explode if/when the gold price goes up. And, if it could just be valued similar to peers, it's price would also be far higher. / 4 / I bought more yesterday and then the same thing happened that does most days . I waited most of the day with a partial fill a $2.63 . Just before closing time I got the last fills of the day and then the bids disappeared . Tonight the finish was $2.64 but the ask is $2.70 and the bid collapsed to $2.53 according to my TD site . That is a common end of the day for GCM and I don`t understand it . You can`t beat it because the bids disappear with seconds to go . What about that ? I don`t remember seeing it that bad before on a non TSXV stock Read more at http://www.stockhouse.com/companies/bullboard#XI7sIIStUEiIgJC2.99
  8. I am Long and Bullish I want to see it blast thru Resistance at $2.75 with strong volume, Then it can go much higher
  9. Which is it: Right Shoulder. or Take-off Point ? We may find out this week GCM.t ... One Year : I still think it is the cheapest Gold mining stock on the planet
  10. I am pretty sure they do. I am a Prestige / Premier customer or whatever it is, and can buy Gold comfortably across a counter. Also store in Safety deposit, if I need to
  11. T.I., Try Hang Seng bank (Head Office) They do a great job and have narrow bid/offer spreads
  12. Circuit's 1BR Show Unit Nice set-up for the kitchen. That is a Alba Range hood
  13. Cheapest vs. Model Company-- Discount: Symbol- : $Price : XStrike: Below : CvDeb : Model : Coup.: %YTM : Aecon Grp. (13.63%) ARE.DB.C $18.71: $24.00: -00.0%: 103.77: 117.91: 5.00%: 4.18%: DHX Media (19.79%) DHX.DB : $02.71: $08.00: -00.0%: $79.99: $95.82: 5.88%: 10.5%: Chemtrade (12.43%) CHE.DB.D $12.03: $26.70: -00.0%: $88.00: $98.94: 4.75%: 7.41%: Hydro One (11.14%) HHHH??? $19.40: $21.40: -00.0%: $24.75: $27.51: 4%-0%: ?? Other Canaccord (05.84%) CF.DB.A : $06.87: $10.00: -31.3%: 102.50: 108.40: 6.25%: 5.68%: Stock charts ARE / Aecon Group Inc .... 5yr : 1r / 10d - $18.72 DHX / DHX Media Ltd .... 5yr : 1r / 10d - $3.52 CHE.un / Chemtrade Logistics Income Fund .... all : 10yr : 5yr : 1r / 10d - $11.65 H / Hydro One Ltd..... all : 1r / 10d - CF /Canaccord Genuity .... 5yr : 1r / 10d - $ 6.51
  14. RISE Update The Rise's Crown at night. Latest report on the Mall is that it will be opened in late Q1-2019. CityGate is very near The Rise & Air Residences. I actually saw a few plants on the first floor of CityGate near the construction The 8th floor showflats in the East wing of TheRise are now open for viewing
  15. BOE Predicts House Prices could fall by a third in the case of hard Brexit BBC: Bank warns no-deal could see UK sink into recession I am getting fed up with the expression "No one voted for a worse economy" etc. If house prices dropped by 1/3 but wages only came down 15% then many people would benefit. Although I own my bungalow a price drop would make a bigger one that much cheaper. Obviously the over-indebted wouldn't benefit at all. / 2 / London down 1.7% in November alone The Guardian: UK house prices fall by £5,000 on average, with south sliding fastest More and more price reductions. I guess sold prices to follow shortly. I loved the estate agent's reduction strategy though Good time for cheeky offers. House prices fell by more than £5,000 on average in November, sliding fastest in Britain’s wealthiest towns as Brexit uncertainty gripped the property market, according to the website Rightmove. In the largest November drop in prices since 2012, Rightmove said the average price of property coming to the market was down by 1.7%, or £5,222, on the month alone. It said the biggest falls were in London, where the typical asking price fell by £10,793 (a fall of 1.7%) and in the south-east of England, where prices were down £8,647 (2.1%). The “ripple effect”, where rising prices in London spread around the rest of the country during the boom years, has now reversed, said Rightmove, with falling prices in the capital now spreading across the south. “Higher-end, former hotspot towns are now among the biggest annual fallers with Rickmansworth (-7.1%), Esher (-6.4%) and Gerrards Cross (-6.0%) now cold spots following price rises of nearly 40% over the seven preceding years,” said Miles Shipside of Rightmove. . . . The figures echo data from surveyors earlier this month, which said the property market is at its weakest since 2016. The Royal Institution of Chartered Surveyors found that prices were flat or falling across half of the country, with sales “in limbo” until a Brexit deal emerges. The debate among some estate agents is how to cut asking prices without precipitating a market crash. Richard Freshwater, of Cheffins in Cambridge, tells buyers that it is better to make a single, large cut in price rather than lots of small cuts. “The key is to drop the price by enough to bring in a new set of buyers within a new bracket. The mistake often made by sellers is to reduce the price on consecutive occasions which can have a damaging effect and put buyers off.”
  16. Hang Lung Co's (HLG & HLP) have had a decent bounce So I let some go HK10 / HLG ... 2yr : 1yr : HK$21.70 / HLP: 2yr : 1yr: $15.84 Effectively, by selling some now at a profit, I am collecting some of the dividends early. If the stock drops back down, I will buyback what I sold Here's HK-87001 ... update :
  17. OIL: A Better Bet for bounce now USO - US Crude etf ... 1yr : Certainly it is a better bet now, for a bounce - maybe just a short term trade + three gaps. Usually that exhausts a move + selling volume seems to be drying up But we are still in the "laser-like" downchannel, so be careful. And rally may be shortilved, and followed by a retest of the Lows or the last gap
  18. "The Female Jordan Peterson" ? THIS was a great speech, and really needed saying The Diversity Delusion | Heather Mac Donald https://www.youtube.com/watch?v=oE-_weLRLK4 To protestors: "ARE YOU KIDDING ME? you are the most privileged group in history!"
  19. "Whatever doesn't kill me, Makes me Stronger" GCM's fast 10% selloff the other day was scary, but the stock is back up now, helped by a lower USD and a bouceback in Gold shares GCM.t ... 6mo : 3mo : $2.50 +0.17 +7.02%
  20. Ben Jones: ‘The Housing Bubble is in the Process of Popping Right Now’ e's extremely pessimistic on home prices in most major markets worldwide: We're going to see a collapse. The housing bubble is in the process of popping right now. Everybody’s been behaving like speculators. Housing prices have been just like day trading stocks. What’s happening right now is a lot more suggestive of a bubble bursting much more than it does just a correction or a down cycle. I can’t think of a market in the United States I would buy in right now. There’s plenty of people like me who have a memory of how this is going to play out (from the 2007 housing bubble burst), and they’re actually probably all lining up the same way. If you're looking to purchase housing at better values once this current bubble bursts, you don’t want to buy from Joe Six-Pack. You want to buy from a bank or a lender, that will frequently be Fannie May and Freddie Mac. For instance, in 2010, I helped somebody buy a house for $12,000 through an online auction. That house had been refinanced four years before for over $100,000. That same day, we could’ve bought three more for the same $10,000-$12,000 price. That’s the kind of discount you want to see and it's the lenders who are going to be the ones that give you those big discounts. Wait until the distressed sales. You don’t want to be buying retail in real estate. Sheriff sales, trustee sales -- they have to go through this process where they offer the property to anybody who can buy it, including the current owner. They’ll put a print price on it that’s usually what’s owed on the property. When you see them selling it for less than what’s owed, that’s when there’s blood on the streets. Wait until a foreclosure has been sitting on the market for about 6 months, after they've whacked it down eight or nine times. Then make a lowball offer. You have to realize is that the guys that are selling these are hired professional. Their job is to get rid of the houses -- they’ve got so much to spend on them and so much that they're allowed to lose. That’s where we’re headed again. I would be very patient right now about catching a falling knife in the current market. Wait for the coming distressed discounts.
  21. RED Residences - had ONE Buyer? (who defaulted) That's what THIS report says Recently met up with a property investor from China and below is what he told me (unable to confirm the accuracy). All of Red’s units were sold to a Chinese P2P entrepreneur during launch, average price of ~5.10m for 26sqm 1BR. 40% are perpetual ownership while remaining units are 50 years lease. It seems ~30% bulk sales discount was given to the high average list price of ~265k/sqm. When the P2P guy ran out of money and defaulted, Chinese brokers round up a group of Chinese investors (who have never been to Philippines) to take over the original contracts. The 10+ investors argued in their 5 star hotel as everyone wants to grab more units. The next day, they found they were SMDC’s spare tyre when they found out that another Chinese broker has found a buyer to take over all of Red’s units at ~8m for ~26sqm unit, meaning average price of 300k/sqm!!! Unable to confirm what he said... / 2 / Originally Posted by k-d- This is a ridiculous price. I think they saw that many Chinese are renting at that area (in Oriental Garden, the Beacon...) so they think it will be easy to have the unit for rent, that's why they put this absurd price up. Most of those Chinese are working for online gambling companies. One day there will be a crackdown on those shady businesses and that area will become a ghost town right afterward lol. Expect the place will be crowded with Chinese tenants. With 7M, there are more places with higher standard and bigger size that is worth to live. > SSC - source
  22. RED Residences - ONE Buyer? (who defaulted) That's what THIS report says Recently met up with a property investor from China and below is what he told me (unable to confirm the accuracy). All of Red’s units were sold to a Chinese P2P entrepreneur during launch, average price of ~5.10m for 26sqm 1BR. 40% are perpetual ownership while remaining units are 50 years lease. It seems ~30% bulk sales discount was given to the high average list price of ~265k/sqm. When the P2P guy ran out of money and defaulted, Chinese brokers round up a group of Chinese investors (who have never been to Philippines) to take over the original contracts. The 10+ investors argued in their 5 star hotel as everyone wants to grab more units. The next day, they found they were SMDC’s spare tyre when they found out that another Chinese broker has found a buyer to take over all of Red’s units at ~8m for ~26sqm unit, meaning average price of 300k/sqm!!! > SSC - More here: http://www.greenenergyinvestors.com/topic/21197-little-china-tech-zone-area-san-antonio-makati/?page=2
  23. OWNERS VIEWING The Rise Official Opening was Nov,. 19th. Many who viewed had positive comments + A few do not like the hallways, finding them narrower than expected, and the colors & finished look to be a bit "dormitory-like" + Apart from this, the comments were reasonably positive (per PP on SSC): Since 3rd week of October, viewing of actual units at the 8th floor of The Rise has been made available to public. Unit owners and buyers can go anytime for viewing. They also have their sales office at the 2nd floor where you can also see the mall being constructed and dressed up. I was there last week with my agent and quiet satisfied with what I saw. Only the east wing is open so you can only see 1br, 1br core and 1br corner. There is also a bridge connecting the 2nd floor mall of The Rise to the 2nd level parking of Air Residences. The center of each residential floor is where the service elevator and garbage collection facility are located. You can also use this to access other wings.
  24. VION TOWER : Coming to Chino Roces -- VION TOWER EDSA cor. Chino Roces Makati City Megaworld's tallest development project NOW ACCEPTING RESERVATIONS > https://www.makatiprimeproperties.com/vion-tower-makati.html It will be very interesting to see what they have planned to do, if anything, to connect the new project to the MRT, and the PNR station. If there will be easy access, then this might be the project with the best public transport - rail connections in Greater Manila If you believe that both the MRT and the PNR will be improved in the future, there may be some real potential for capital gains Two not very positive comments from SSC: Originally Posted by P. M. probably one of the noisiest place in Makati - where PNR, MRT, Skyway, SLEX, Chino Roces, EDSA converge. A place like no other. And where there are old jeepneys plying the route, there's high level of unburned/partly burned carbon (from diesel). Reaction (#5##)That is why Chinese investors are good. They are not well advised by their Chinese agents and will buy up such sub-optimal projects at high prices, stimulating BIR VAT revenues and property developers’ revenues
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