Digital TRANSFORMATION is GLOBAL!!!
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There is always hope.. D before G.. lol _ MM
PHIL I feel your decision was a good one. Any M M short this stock into the weekend is foolish and stupid.. FACT..imo ~ MM
PHIL ~ I have talking about the Saudi Arabia meetings, the Dubai meetings and the Arab Monetary Fund meetings. They are all in sync and finishing up today. The world is about to change. PHIL taps into that money, put your seat belts on people. Billions and billions of $ are about to flow around the world. Vietnam is inclusive in the flow the money is to go. I suggest that everyone that actually owns PHIL look up the Summits aforementioned. The GCC region is on fire.. Henry knows that.. oh ya.. ~ imo ~ MM
$PHIL Middle East Investors Summit in Abu Dhabi Oct 26-27, 2022. God Bless!
GET READY TO RUMBLE
$PHIL "The Middle East Investors Summit in Abu Dhabi has been very successful. I will go to Turkey early Friday morning to work on the closing of a financing package, expecting to provide our shareholders with update soon.
God Bless!"
PHIL $500 million in the DUBAI conference as a comitment? There is more likely to be behind that be sure. imo.. The Saudi Arabia and Dubai meetings are timed accordingly.. Hence the late 10k too. imo.. Follow the money.. It needs to be on a level palying field.. QFS? We shall see.. yep.. ioo .. Oh yeah.. ~ MM
phil Timing is not a problem...
Current Fund Strategy: Initial Target Raise of USD $1 Billion. (Currently there is a $500M commitment from a group of European and Asian investors plus other equity
and debt financing sources consisting of $3.350 Billion that have agreed to invest alongside Philux Global Select Growth Fund in these select opportunities).
The thought it is retail is sad. The push to keep traders on the back left crippled foot is obvious. We can go back to the stats in 2021. Chronicle the same verbage. Control F key.. Key words.. lol RS... Trips... Pathetic... Henry pockets are full, etc... lol
Then take into account the recent BS charts don't work. The fake 1 2 3 4 5 6 7 8 9 10.. is not a chart. It is a sequence of trades. The charts shown recently show things that are almost ancient in accuracy. They are ancient tools.. The modern """ otc """ is irrelevant is the WOLF attacking the sheep when the tools are discounted.
As side from the BS fluff or negative Rhetoric.. Since June - July the accumulation in PHIL is obvious.. The frkn chart shows it. The RSI bottomed in August. The accumulation is on the rise. The 200 dma and the 5o dma are converging in short order. The MACD is oversold and flirting with breaking out and largely toward the upside.
PHIL has many things on the burner now. There is global deals on the table far beyond PHIL but, not to exclude PHIL. The meetings in DUBAI and SAUDI ARABIA are financial and DIGITAL in nature. A new system is under way.. Even Monday Night Football showed commercials about the DIGITAL TRANSFORMATION under way.. Henry knows that Block Chain is the QFS.. Short - y, better know it too.. Thre will be no more lying about where the shares are to be held.. FOCUS.. Best to focus now not later.. ~ MM
Ok, you have been here for awhile. Good, then you remember the charts well..By the way that chart is not daily it is weekly.. fwiw.. So again call BS on that too.. But, hey lets see what Henry has to show this week into next.. ~ MM
TOTAL BS.. They work just fine. .They are not the tell all.. But when on, they can shine.. Look at 2021 and then again August 2022.. Smh... This one has a tea cup and handle too.. lol Sip on that.. ~ Lets see what the cat drags in out of DUBAI this week.. ~ MM
Oh and by the way I have heard that for over 20 years and have proven it wrong so many times it is not funny. Charts present patterns in minutes to 30 years.. All have their place in time. They are mere tools.. lol I leave that alone.. ha ~FOCUS~ MM
Working that angle again? lol It is not working on this one.. Traders don't care.. lol At least this one.. ha ~ imo ~ MM
They didn't today.. lol In the scheme of things why would they sell at $.0013 when they could have in 2021 at $.00195, real close? But, if there are not any restrictions, I guess they sure could.
PHIL UP 8% on low volume.. That will change and quickly imo.. ~ MM
PHIL ~ It is my understanding there are even larger meetings ongoing over the last few days and through the week that will also have an effect on emerging markets like Viet Nam out of Saudi of Arabia. The meetings are on going this week. Just as the Summit in Dubai is through tomorrow. JPM Chase, Bank of America, Wells Fargo, Goldman Sachs, are there, representation to Kings, Princes, even more all there now.. Henry placed himself in the Dubai Summit for a reason.. Likely in the tune of many $billions.. imo ~ MM
Not surprising.. lol
PHIL I was just sitting back and asking myself that same question.. Answer, Henry and Phil like Fridays.. imo.. So, I'll go with a resounding yes imo... We shall see. The below supports there is much to talk about... ~ MM
Nice and quiet today.. While the cat is a way the M Ms will play.. lol
PHIL LEVEL II / 1 2 3 4 5 6 7 8 9 10 trades.. lol BLAST OFF COMING / FINAL COUNT DOWN
PHIL Current Fund Strategy: Initial Target Raise of USD $1 Billion. (Currently there is a $500M commitment from a group of European and Asian investors plus other equity and debt financing sources consisting of $3.350 Billion that have agreed to invest alongside Philux Global Select Growth Fund in these select opportunities).
If you can't see the writing on the wall, look at the big up chart brewing..
BIG UP / GCC REGION HAVING SUMMIT CHART click here
PHIL #2 Breakout Board.. Why? That conference has massive movers and shakers... oh yea!!! Even CNBC is talking about the ME Summit in Dubai.. smh.. ~ MM
https://mecollabevents.com/
Get Rich? Maybe not, but, we sure can give it a go from the looks of things for a good trade coming.. AGAIN.. Love the BS baseless negative rhetoric too. Just like in 2021.. To be honest the long decline is an effective tool to get things cleaned up.. We just shed VFIN.. Market likes it so far as it appears.. Chart is setting up nicely.. No 420 "smoke a fatty and trip on that" now.. lol SMFH ~ MM
GEGIGL to you all. The CHART IS SMOKIN~ ~MM
BIG UP CHART clickt-here
PHIL Watch PHIL POP off this CHART in the coming days if not sooner.. imo ~ MM
NO BS CHART click here
PHILGOOD JOB on the wrong call.. PHIL IS STILL UP 100% Since August 17th, 2022. READY TO SHOW CASE at the ME SUMMIT tomorrow? .
http://mecollabevents.com/fund-manager-profile-selection/#
http://mecollabevents.com/wp-content/uploads/2022/10/Profile-Philux-Global-Funds.pdf
PHIL CLOSER LOOK CHART... Henry has PHIL noted at the ME Summit In Dubai... Starts Tomorrow.. Show us the money... lol ~ MM
BIG MONEY WILL SEE THIS CHART - top ten streaming on IHUB
PHIL TOP TEN STREAMING NOW.. Things are about to get HOT.. lol ~ MM
PHIL Henry has a profile on the Middle East Summit. It starts tomorrow..
Middle East Summit click-here
Click here as well
Closed even on the day and majority were buys..
Thank you and It looks as thought I have your marked time back. Glad you enjoy them. Seems we are close to getting the late 10k are we not?
https://ih.advfn.com/stock-market/USOTC/phi-pk-PHIL/stock-news/89152436/notification-that-annual-report-will-be-submitted
Lets see how the week plays out. It is still early..
Not yet today, anyway that I see..
PHIL Likely underway now for this to push up. .PHIL is in the line up in the roster at the ME Summit starting tomorrow. Think of the money at the Summit.. Any of it smells short? lol PAIN;... lol~ MM
https://mecollabevents.com/
https://mecollabevents.com/fund-manager-profile-selection/#
PHIL Vi?t Nam shines amid global economic volatilities
18th October, 2022
Despite global volatilities, Vi?t Nam’s economy has rebounded strongly this year beyond the forecasts of many international organisations, making the country one of the rare bright spots in the global gloomy picture and has the potential to become a new ‘tiger’ in Asia.
The latest report from the General Statistics Office (GSO) showed Vi?t Nam's GDP growth rate in the first nine months of 2022 hit a 12-year high to reach 8.83 per cent. Notably, the economy expanded 13.76 per cent in Q3 2022 compared to 7.72 per cent and 5.05 per cent in Q2 and Q1 2022, respectively. The 13.7 per cent GDP expansion in Q3 2022 was a record quarterly growth rate in Vi?t Nam and surpassed the rate of 13.5 per cent of India to become the highest in Asia this year.
The World Bank attributed Vi?t Nam’s rebound to a recovery of exports and the release of pent-up demand following the removal of COVID-19-related mobility restrictions and, more recently, the gradual return of foreign tourists.
Vi?t Nam’s economic growth was reported in all three key sectors, of which services increased by 10.57 per cent, industry-construction up 9.63 per cent, and agriculture-forestry-fishery up 2.99 per cent.
The country’s import-export turnover during the period increased by 15.1 per cent to US$558.5 billion with a trade surplus of $6.52 billion while total retail sales of consumer goods and services surged by 21 per cent. Besides, the business situation has been continually improving, with the number of newly established enterprises surging by 38.6 per cent to more than 163,000.
Disbursement of foreign direct investment (FDI) in the first nine months of this year also surged 16.2 per cent year-on-year to $15.4 billion, marking a five-year record high, the Ministry of Planning and Investment's Foreign Investment Agency (FIA) reported.
These positive figures showed foreign-invested enterprises have been constantly recovering and expanding their production and business activities in Vi?t Nam, which has reflected business confidence in the country’s success in maintaining macroeconomic stability, FIA said in its September report.
According to Prime Minister Ph?m Minh Chính, the economy has recovered very positively, with many cities and provinces nationwide reporting impressive Gross Regional Domestic Product (GRDP) growth in the first three quarters, including HCM City with 9.97 per cent, Hà N?i with 9.69 per cent, B?c Ninh with 9.7 per cent, H?i Duong with 10.14 per cent, Qu?ng Ninh with 10.12 per cent, H?i Phòng with 12.06 per cent, C?n Tho with 17.57 per cent, Ðà N?ng with 16.76 per cent, Khánh Hòa with 20.48 per cent and B?c Giang with 23.98 per cent.
Notably, Minister of Planning and Investment Nguy?n Chí Dung said the country’s high economic growth has been accompanied by stabilising the macro-economy, successfully controlling inflation, ensuring major balances of the economy and improving people's living standards.
The GSO reported the country’s average consumer price index in the first nine months was only 2.73 per cent while State budget revenue and total investment capital of the whole society surged by 22 per cent and 12.5 per cent over the same period in 2021, respectively.
Many international organisations have been so far surprised by the very high growth rate of above 13 per cent of Vi?t Nam in the third quarter of this year. The impressive surge has resulted in their upgrade of the country’s economic growth forecast, of which Moody’s, Fitch Ratings, World Bank (WB) and International Monetary Fund (IMF) predict Vi?t Nam's GDP growth in 2022 at 8.5 per cent, 7.9 per cent, 7.2 per cent and 7 per cent, respectively.
The upgrade is very notable when the organisations have lowered their 2022 global economic growth outlook. For example, in last month’s report, while having raised its GDP growth forecast for Vi?t Nam this year to 7.5 per cent from 5.3 per cent in April, the World Bank projected the overall rate of the East Asia and Pacific region to slow to 3.2 per cent this year from 7.2 per cent in 2021.
Moody's Investors Service last month also upgraded the Vietnamese Government's long-term issuer and senior unsecured ratings to Ba2 from Ba3. Vi?t Nam is the only country in the Asia-Pacific region and one of four countries in the world that have had their credit rating upgraded by Moody's since the beginning of the year.
Moody’s noted in the report: “The upgrade to Ba2 reflects Vi?t Nam's growing economic strengths relative to peers and greater resilience to external macroeconomic shocks that are indicative of improved policy effectiveness, and which Moody's expects to continue as the economy benefits from supply chain reconfiguration, export diversification and continued inbound investment in manufacturing.
“The rating also reflects a sounder fiscal footing backed by contained borrowing costs, a conservative approach to fiscal policy and improved government liquidity, driven by the ongoing transition from external concessional borrowing toward longer-dated, low-cost domestic market financing.”
According to Tr?n Van Son, Minister of the Government Office, international organisations have positive assessments of Vi?t Nam's socio-economic situation. They forecast the country's economic growth rates in 2022 and 2023 will be among the highest in Southeast Asia.
Economist Brian Lee Shun Rong at Malaysia's largest financial services group Maybank believed as a rising star in the global supply chain, Vi?t Nam has the potential to become a new ‘tiger’ in Asia after the Republic of Korea (RoK), Singapore, and China's Taiwan and Hong Kong.
Exceeding targets
The strong GDP recovery in the first nine months of the year, especially in Q3, has created a prerequisite for Vi?t Nam’s vigorous growth in 2022 and the country is so far estimated to meet nearly all 15 targets set for this year. According to the National Assembly's (NA) Committee for Economic Affairs, 15 social-economic development targets, except the social labour productivity growth rate, are expected to be met or exceeded this year.
Right after the nine-month socio-economic statistics were published, the Ministry of Planning and Investment also decided to adjust up the 2022 economic growth scenario. Accordingly, the ministry proposes to strive for a full-year growth of 8 per cent, about 1.5-2 percentage points higher than the 6-6.5 per cent target assigned by the National Assembly and set by the Government.
According to experts, production and service activities in Vi?t Nam have returned to normal and the country will continually benefit from the global supply chain shift, which will contribute to strongly boosting up the country’s exports. However, in the context that the world economy will continue to face many difficulties in the last months of the year and the demand for imported goods from countries that are the main trading partners of Vi?t Nam such as the US and the EU will decrease, members of the NA’s Committee for Economic Affairs said it is necessary to have policies to support credit for exports in the remaining months of the year and in 2023. Besides, Minister Dung noted the country needs to promote the disbursement of public investment capital to achieve a high growth rate in the rest months of the year.
According to the Ministry of Finance, the total public investment capital will be some $24.3 billion in 2022, about $4.2 billion larger than in 2021. By the end of September, the disbursement of public investment increased to more than $10.6 billion, but the new rate reached merely 46.7 per cent of the plan assigned by the Prime Minister, 0.7 per cent lower than in the same period 2021.
Besides, Dung said, to promote economic growth in Q4, it is also necessary to better implement the Government’s socio-economic development and recovery programme, which includes a VNÐ40 trillion interest subsidy package for pandemic-affected customers, as the capital disbursement of the package remains limited. Higher economic growth rates in Q4 and the whole of 2022 will be a driver for the country next year when many potential risks emerge, Dung said.
https://vietnamnews.vn/economy/1346084/viet-nam-shines-amid-global-economic-volatilities.html
PHIL Thank you for your write up.. It is a good one. Level headed.. To your question. The chart indicators show accumulation is underway and has been since mid June. There is convergence for sure with the averages. How quick this has turned around after the VINFN departure, is likely a good thing and the market likes it. The Summit in the ME starting tomorrow has me curios. There are many Global events underway financially. Viet Nam is apart of the too. The GCC region is the ME.. That $3 billion investment monies is to come from there if all is said and done.. Lets see how this shakes out. Filings soon are expected. ~ MM
Chart is a good one ... FACT imo
$.0013s hit
This chart is not two years old.. BTW I was referring to my purchases.. Trade the stock peeps.. Talking smack makes no money.. imo.. ~ MM
Click here
CHART NEGATIVE TRADERS NEED NOT APPLY.. lol
PHIL $3 billion in investment funds are coming from the GCC region.. Kaboom.. lol ~ MM Asset Class: Vietnam Investment Opportunities
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PHIL Because they say so..? lol Those that do say that are not credible at all. The chart proves it.. PHIL is about to move again, up!! imo ~ MM
CREDIBLE DATA CLICK HERE
PHIL THIS CONVERGENCE IS POINTINT TO A BIG MOVE IS SETTING UP... TO THE UPSIDE!!! - ~ MM
PHIL Yes there is... look at level 2.. smh WAY OVER SOLD TERRITORY~ MM
MM Back in Chart - BIG UP COMING AGAIN