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I thought he was not allowed to run...so?
Then there is the Ganbattar thing. What if they pitched that in order to get new candidates. Holy crap...ha! stretttccchhh..eh?
Been following this crazy gig here:
http://blogs.ubc.ca/mongolia/2017/%D1%86%D0%B0%D0%B3%D0%B0%D0%B0%D0%BD-%D1%81%D0%BE%D0%BD%D0%B3%D0%BE%D0%BB%D1%82/
That's a stretch in my opinion.......but I have been seeing more of it being pitched.
A random event can.... at anytime hit..."close to home". Look at coking coal futures. If this Pres' situation were to be more clear...we would be smoking just off that. Need a catalyst..be it negative.....and then smoke this one to the upside. Need that arbitrage on the ADR.
I'm not talking about coal with regards to North Korea....I am talking about the serious rhetoric currently. It's been propped up to a very high level.
https://www.google.com/search?q=north+korea&ie=utf-8&oe=utf-8#q=north+korea&tbs=qdr:d
Seen similar before....but it seems to be more on mark towards conclusion.
Flip a coin on this election bet.....but there is another elephant in the room. Pay attention to that Korea thingy'...eh?
And to think that we would be on easy street besides !Korea......if only Enkhbold would have had the most votes before this run off.
Tough bet....tough play...and so it goes.
I hope so.....really want that pre-whipsaw buy... bad. I don't think he is going to win though........just a gut feeling and nothing more.
Not so sure about that. He bitched about the run off posted for the 9th....he won(if such) and got the 7th. So my day of reckoning is next Friday. No matter what...it's a tempted trigger day. If Judo boy wins....then I have a few days...if not....buying that day.
July 7th(HK)...on to July 10th...will be very big days no matter what.
MMC rules....with regards to such...again.....frustrating in the short term.
More restrictions:
China Plans Coal Import Ban at Some Ports Starting July 1
https://www.bloomberg.com/news/articles/2017-06-28/china-said-to-plan-coal-import-ban-at-some-ports-starting-july-1
This is why it is so frustrating. I need Battulga to win currently given the spread in the OTC market(ADR). How insane is that..eh?
Very upset currently...but that is how it goes.
Nasty OTC spread today...been a very long time.....over 30%. That is why HK can be so much friendlier. With that being said... OTC is a better hold than buy in a downside scenario....given lack of liquidity.
Will that happen though?....Battulga's actions do not necessarily meet is rhetoric from my reading.
I am not sure he will win....but if he does.....it will take a few weeks.
He's pretty pissed about that July 9th date....and he should be. It's a few days late and it will prove a lower turn out.
Burn baby burn!....give me what I want :)
Dead on....agree 110%.
I know.... the negative about Judo boy is that he could piss off the Chinese with rhetoric. You know how they react to that kind of crap..eh?
..aastocks...now showing down a rough 6%. The market looks to find a starting point.
And...now not .... ...this is going to be very interesting.
Early down gap set @ 4% rough.
I would love to see a fat HK @ .12(USD.015)rough. Given that I did some chopping...I'll be pissed if it doesn't drop at or below my chop. Fn' irony..eh?
Oh...I know...."I put in a limit order at 0.15 HKD. I'd be more worried about the MPP losing Parliament than about a Battulga presidency (granted, he's no friend of MMC's)."
In reality....Judo man(if becomes the Pres) has very little power given that 85% of Parliament is controlled by the MPP. Anything he may veto can just be overridden.
If the scheme players weigh in ... could see a 20% drop tonight...not sure where it will close though.
The trend was in...I had that strange worrisome feel though. The troubling part is that this does not hurt MMC at all standing alone.
If the JUDO kid ends up getting Ganbaatar votes two weeks from now...then say good bye to investing in Mongolia....especially the TT deal.
OMOLIVES Wednesday, 06/21/17 09:23:46 PM
Re: Ponch73 post# 392
Post # of 413
No matter how you look at this play....it is way undervalued. I don't like using those type of words..but truth be told.
I do not think we will ever revisit the recent lows unless something absurd happens(anomaly.. be it random). Hope to get closure here with regards to election come Monday(HK time)...or after the run off if such(probably). This upswing should continue as the scheme players have gotten a grasp of inventory and their allotment of such.
Happy hunting :)
...and so it goes...
Yep....
If Enkhbold gains that ground needed.....I am sure he will win with an endorsement. Could be the Hindenburg tonight unless Enkhbold can pass and become run off player.
I did some chopping today....no one likes uncertainty in the market..where ever that market is.....and now you have it.
Enkhbold is out completely at this moment. The TT is now more uncertain...and closure is unattainable currently.
MMC though is still undervalued even considering stand alone....way undervalued.
There's nothing to them though...and I do agree with "you know who"....completely. But it still doesn't make me comfortable. Need closure...but no matter what...we will get it by July 7th...rough.
....then it's TT
Case in point:
Mongolians fret over China investment as they prepare to vote
http://www.thestar.com.my/news/world/2017/06/25/mongolians-fret-over-china-investment-as-they-prepare-to-vote/
And you know what railway mentioned is/was....
Gotcha ya'... are you able to reach out to "you know who"... and get a feel for this election? I can not get any reliable information through the limited media outlets. This is one of those rare occasions where I add weight to "other" information. A little nervous .. I must say ..
What surprised me was the former Czech Republic(now two nations):
2015 PER CAPITA CRUDE STEEL CONSUMPTION (top 37 markets ranked)
1. South Korea 1.16t
2. Taiwan 0.88t
3. United Arab Emirates 0.87t
4. Singapore 0.85t
5. Former Czechoslovakia 0.63t
6. Japan 0.53t
7. Germany 0.53t
8. China 0.51t
9. Turkey 0.46t
10. Saudi Arabia 0.43t
11. Canada 0.41t
12. Malaysia 0.39t
13. Poland 0.35t
14. USA 0.33t
35. India 0.07t
That being said....we tend to forget nations that have yet to emerge or reemerge. One of the biggest examples is the UAE(#3).
2015
And then there is Brazil...as another reemergence. But think of all the others out there that can easily dispute over capacity issues....et al. Any how..that was the first thing that jumped out at me. So what really is the total available market(TAM)...eh? More for later...
Actually something did, and I meant to discuss it. Will have to read again....
I wouldn't be embarrassed.... excellent comeback!...and beautiful play.
;)...so you should be in that nice range(.25-.30 HK) ... from memory. Nice play.
No matter how you look at this play....it is way undervalued. I don't like using those type of words..but truth be told.
I do not think we will ever revisit the recent lows unless something absurd happens(anomaly.. be it random). Hope to get closure here with regards to election come Monday(HK time)...or after the run off if such(probably). This upswing should continue as the scheme players have gotten a grasp of inventory and their allotment of such.
Happy hunting :)
Well...with regards to "do not covet thy neighbor's wife" What if your neighbor is a cuckold and enjoys such? I get your point.
To be more precise....only a broker of those concerned would be able to know such. If that is the case...then that broker would have breached "in confidence" of said clients. Not by name...but by affiliation.
I am not discrediting them as individuals.......I just disdain information that can never be proven as fact.
Water is "one" of the main reasons for the TT deal. The demand will always be there...especially given the decreased exports of steel via China. That will change when they move away from there own domestic demand and start exporting more so... again ...in 2018 plus
..for example:
https://www.ft.com/content/00c2029c-287e-11e7-9ec8-168383da43b7
You have confirmed "rumors" from two sources. Nothing more.
Just want to answer this for the moment:
"Any chance the Chinese balk at the last second? They've been left at the altar once before (in 2015) and been compelled to show their cold shoulder by a major diplomatic faux pas (in late 2016). What's the next thing that could go wrong?
No....it's a rough 49% ownership of valuable product et al. It's obvious how much value that is to China. Anything could go wrong though..eh?..as to my answer.
"And, lastly, why is it that MPP members in Parliament (who trade in and out of this stock opportunistically) haven't been moving the share price higher? "
I do not know that to be true..or how such could be verified. To play that pitch though....I would suggest that it would be best to not do such given the exposure and issue if such would be found out...and further...be true. Pretty obvious given that the new Parliament came in to play In June of 2016....and here we are again....June 26th for the President. I wouldn't tip my hat off by doing that...would you? ;)
Ha!.... I just got in....and was like...? Looked everywhere I could for answers and....none available.