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Financial Armageddon!!

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  • When I see this sort of thing, I think we're in for a big fall: http://www.nzherald.co.nz/nz/news/ar...ectid=11445793

    These sections aren't even going to have titles for around 18 months! And people are queueing up for them!
    Squadly dinky do!

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    • How WILL They Blame That on PIs?

      Don't worry! Lewdy Lenny and Blenglish will fix
      it, with a little help from Nelson's tricky Nicky.
      Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

      Comment


      • Originally posted by Davo36 View Post
        When I see this sort of thing, I think we're in for a big fall
        Don't think it will be a big fall.

        Big section, good area and reasonably priced...these are the pulling factors. After the 4th release via auction, they will be in for a small windfall if they chose to sell. Long-term hold will be a no brainer winner.

        Comment


        • Originally posted by Davo36 View Post
          When I see this sort of thing, I think we're in for a big fall: http://www.nzherald.co.nz/nz/news/ar...ectid=11445793

          These sections aren't even going to have titles for around 18 months! And people are queueing up for them!
          If people are queueing up for them, I wonder why they didn't price them higher?

          Comment


          • Originally posted by Perry View Post
            Don't worry! Lewdy Lenny and Blenglish will fix
            it, with a little help from Nelson's tricky Nicky.
            They won't, but when it comes out that a few of the sections have been re-sold at a a profit they'll blame the speculators and in most peoples eyes speculator=property investor.
            DFTBA

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            • pretty tough the guy missed out

              #6 in the line

              but no car no land?
              Last edited by eri; 09-05-2015, 11:23 PM.
              have you defeated them?
              your demons

              Comment


              • Originally posted by Perry View Post
                Don't worry! Lewdy Lenny and Blenglish will fix
                it, with a little help from Nelson's tricky Nicky.
                Originally posted by cube View Post
                They won't, but when it comes out that a few of the sections have been re-sold at a a profit they'll blame the speculators and in most peoples eyes speculator=property investor.
                Forgive that sarcasm, but . . .

                The irony is that they will always promise to fix
                it, or claim to have fixed it, but, either way, it
                will be so much smoke and flim flam followed
                by blame storming - as you've described.
                Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

                Comment


                • Weekend at Bernie's reckons it's a housing bonfire:

                  http://www.nzherald.co.nz/business/n...ectid=11446055
                  Squadly dinky do!

                  Comment


                  • he doesn't even try to offer

                    politically viable options now

                    just shouts

                    somebody has to do something!

                    much like

                    "first we kill all the cats" morgan

                    they don't appear to have understood

                    the british election results
                    have you defeated them?
                    your demons

                    Comment


                    • So much money looking for a home in China: http://www.nzherald.co.nz/business/n...ectid=11454974

                      "This market has been driven up by capital that's flooded in, while you need to touch upon company fundamentals in your research notes," Li Xiaolu, a Shanghai-based equity analyst at Capital Securities, said by phone on May 13. "We can't write baseless reports, so the current market makes it more difficult for us, and makes me hesitate. If a stock's gain is beyond reasonable, it may continue to climb even if I cut its rating."
                      Squadly dinky do!

                      Comment


                      • Chinese sharemarket will crash sometime this year...

                        Comment


                        • Originally posted by Gary Lin View Post
                          Chinese sharemarket will crash sometime this year...
                          About what percentage correction do you expect this to be ?
                          Last edited by speights boy; 28-05-2015, 06:38 AM.

                          Comment


                          • Originally posted by speights boy View Post
                            About what percentage correction do you expect this to be ?
                            Judging from the last crash, and the amount of speculation is in China, I say 60% drop, from say 5000 points to 2000 points.

                            Comment


                            • I'll be checking back here towards
                              the end of December, to see . . .
                              Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

                              Comment


                              • Originally posted by Perry View Post
                                I'll be checking back here towards
                                the end of December, to see . . .
                                Don't take my word for it, my record of making money in the sharemarket is negative 20 grand.

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