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i think we are paying to some guy in form of shares that wont affect os soon we will get some form maybe.
compared to us, humble is garbage stock.
phil is ´´Asset play ´´very undervalued which gonna be pretty clearly visible on paper for less clever investors which is easier to understand unlike some other industries such goodwill assets or customer subscriptions in services.We are also lucky its all located in Vietnam which is stil not well recognized market in general.
Yeah its like those slot machines .Theres high% you lose against them you cant beat them, but theres always times when they lose badly they cant win all time with all knowledge in all stock.In my country and other countries in the area they are called officialy winning machines in translate not slot machines which always make me laugh nobody can beat high % winrate machine based on equations in long run lol.
otc should be punished only 1 time in way that companies in otc are usually lowest grade of quality or startups so it has fundamental reason to be there but there should be no difference in my right as a citizen to invest into my property and somebody is stealing my money and my property.It should be so simple to fix all that sh*t.
thank you but i guess there are very different laws if we are talking about nasdaq and for example microsoft i guess theres normal ´´trade law´´- demand and offer just like in any market why is that much different in otc its still damn stock market with bilions of value in it.
wtf is going on.
Anyone has complex guide how does mm manipulate bid and ask and how exactly change price in otc.
Fundamental analysis in real world and everywhere except sometimes OTC always beat chart chart gives you 0 knowledge about any company on this planet or business,its just bonus to confirm your fundamental analysis but of course chart is very important to execute your positions in short term which may be critical for whole trade and its so important to get early in fundament analysis as much you can , you can tell theres very low percentile of old investors that are on board long time right now, but for me i knew exactly what fundaments are of phil at meanwhile many people were sitting knowing nothing would happend based on chart here so i earned alot of money in oil deppression in covid shutdown last 2 years -tax free then i reinvested into phil and i knew phil is not ready to start yet.Timing in phil was so important for me.
What car you guys dream about to buy if you get rich.I cant decide between mustang and maybe corvette.I dreamed about mustang for long time though as european young man.
Finally i watched whole interview with henry.What a good person he is, my senses about people never lie in business.I think henry tried all those years to find right big project to push vietnam on world map as thanks to his god and his home country.Clearly ADE project is his final destination covered by funds from fund and vina revenues.The peak curve of phil may turn around in 3 years earliest, we are just in beginning.If everything go as planned i must figure out how can i improve society around my hometown with big pile of cash that was always my goal as well as poor young guy years ago but willing to change that.But beware of greed individuals around you :). Btw big thank to all positive people with dd as well i read all chat just have no time to write much.
Whos from europe here?
Slovakia
lol
question for american citizens: do you have any tax exemptions if you hold long enough shares in any company in any us state ? i know theres differences since u got 50 states and its a bit different but believe or not in my country i dont need pay taxes if i hold shares at least 1 year on regulated exchange or it count 1 year when since company go to regulated exchange .If its shorter time its 12% or so.
90 mil sell at end every day..
1 candle for 1 monitor.
Yeah it is strictly illegal to admit he bb before papers come in, but we see that on lvl 2 so...anyway we will climb very slow i think, its not hot sector to pump fast.
ah is that you from cc with multiple monitors i rembember camera.Well i guess you focus on trading more then investing, you do that proffesionally or ?
buy cheap shares while you can dear longs dd investigated from websites has been confirmed even photos , even if henry wont success fully in his big ambition projects we still get so big money to fund that its just ridiculous.
can u post cc link need to watch begging of cc.
wasnt cc 1 hour earlier before ? i missed it a bit.
wtf why cc is live it should be 4:30
Remember that all profits from the Luxembourg fund could be exempt from tax.Or i just hope this can help us in some way.
Yes exactly.I have 3 books at home about warren buffett, i very like henrys hints about berkshire i think about warren logic behind companies if you are interested you can read Snowball-about warren buffet. Vietnam is still not well penetrated by western companies, it's only a matter of time before the rest of the world catch up with us.I saw that with my country as well in central europe , in vietnam theres plenty cheap undervalued companies that doesnt have access to global market, low investments from outside and henry dont trade them he even buy them so he knows their book value ,market value etc those companies are usually well established companies.
developing country*
its propably conversion of last toxic noteholder we have.
you are right this is huge project, what i like about phil is that i already see this company has bright future, very fast developing company that reminds me post socialist countries in europe , theres huge demand and not that many competitors because this kind of opportunity is best driven by domestic competent managers with contacts like henry , he has big connections he has knowledge, he knows his country(am i right,few guys from board are from vientam ?) he has some ambitions in next years so what i like about phi that from investor perspective if you believe in henry you can expect huge return in investment maybe in half year, but also this company may be your one lifetime opportunity or very good very long term slow growth value asset company.
I dont know why we say asia has no diamond exchange when india has biggest diamond exchange that represents about 60% world trade its in mumbai indiaBharat Diamond Bourse
lol.
here is link so you can see it .. https://www.twitch.tv/videos/945689174
be prepared for some last chances for bashers to bash phil for no paper prove from henry in cc or some bullshit, i expect some dilution from last toxic note but who cares it will only slow us down a bit when we get another 10k nothing will stop fundamental value so slow price growth may suit us for share repurchases.
i dont think we need that, its in sec folder on government website it is definitive .
luxembourg is the richest country in whole planet by ggp per capita and biggest bank hub for EU so i think its big deal to have lux fund there .Many people dont even understand what is henry doing, has a harvard degree and specializes in acquisitions and consulting.Phil has big competitive advantage and connections and have a monopoly on access to international trade through the fund and in the future the commodity market, i would say its harder to create and do all paper work for fund and market than actually find companies in vietnam to willing to join this big potential contracts and tenders.Its just beginning i think.
I still cant believe why china or any other asian country doesnt have big diamond market or similar hub as dubai yet, there are almost all alternatives in all sectors of the economy according to western countries but not as megalomaniac like arab countries, i think Vietnam will become a rich country very quickly as alternative to china or saudi arabia without oil because there are lesser political barriers for western countries and usa is also pushing companies to avoid china and go to vietnam instead, imagine asian diamond market that might be huge in less lets say 5 years.
I like henry very much hes very honest hard working no bullshit ceo very human approach, and hes old school no tech guy so he has some difficulties with pc skills.
y like one of most important info was interupted by monkeys in cc .
holy moly if i would be married i would sell my wife for some more phil shares.
i feel so emembarrassing for some animals in cc i cant believe those are adults using brain,
the conference call has just started