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Re: Refill post# 6355

Monday, 01/12/2015 10:42:19 AM

Monday, January 12, 2015 10:42:19 AM

Post# of 7387
hi refill, china's economy is just rippin along. im finding stories all the time showing it. i think when they talk slow down, its from very overheated levels and no way are that many folks, after tasting the good things, going back to where they were before. they are going to need just about everything you can think of and china is a great place to be no matter what you are doing. you could throw darts and come up a winner. here is an example of a story that confirms what im saying....


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VW Crosses 10 Million Vehicle Sales Mark on Surging China Demand
By Christoph Rauwald Jan 11, 2015 2:02 PM PT

Volkswagen AG (VOW) delivered more than 10 million vehicles for the first time in 2014, reaching the annual-sales milestone four years earlier than originally targeted on the back of strong growth in China.

Deliveries, including Porsche and Audi cars and MAN and Scania heavy trucks, rose 4.2 percent to 10.14 million vehicles last year, the Wolfsburg, Germany-based manufacturer said today in an e-mailed statement.

Beyond expanding sales VW is “making good progress” on improving profitability and customer satisfaction, Chief Executive Officer Martin Winterkorn said in the statement.

Under Winterkorn, Volkswagen has focused on growth in its bid to surpass Toyota Motor Corp. (7203) as the world’s largest automaker by 2018. VW narrowed the gap to about 72,000 vehicles in the first three quarters in 2014 compared with 227,000 a year earlier, paced by demand in China and surging sales of Audi and Porsche models. The Japanese company will report global full-year sales later this month.

Mainland China and Hong Kong accounted for a record 3.67 million vehicle deliveries at VW group last year, up 12.4 percent and extending the country’s lead as the German manufacturer’s largest single market.

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looking around you can find alot of stories like this so im still sure that china is the place to be and its just a matter of time before things work out for us. we may end up not being in the phosphate Business but as i said we have money and contacts and are in the right place so dont be discouraged if we find out that they didnt get the mining lic. renewed and let it go. im not saying that this is the case for sure, but not hearing anything about it makes one wonder. the stock price is valued right now as only whats in the bank, no mine or anything else, just cash. anyhow long winded post, take good care, paydirt


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