Many investors define successful investing as beating the market average over the long term. But its virtually certain that sometimes you will buy stocks that fall short of the market average returns. We regret to report that long term PETRONAS Chemicals Group Berhad (KLSE:PCHEM) shareholders have had that experience, with the share price dropping 37% in three years, versus a market return of about 15%. The more recent news is of little comfort, with the share price down 25% in a year.Now let’s have a look at the company’s fundamentals, and see if the long term shareholder return has matched…
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India, known as the world’s back office, could supplant China to become Asia’s top real estate investment destination, according to analysts.Known for attracting multinationals to set up their global capability centres (GCC), India is becoming a major investment magnet for many global players, they said.However, it will take time before Asia’s third-largest economy solidifies its position as the premier investment destination, given that China and Japan have a more developed ecosystem to facilitate investment, according to Ada Choi, head of research for Asia-Pacific at CBRE.In May, Singapore’s GIC and partner Xander Group acquired a 100 per cent stake in Waverock…
BEIJING (Reuters) -China’s central bank announced on Monday it had activated its open market outright reverse repo operations facility and would use it to trade with primary dealers in open market operations on a monthly basis. The bank took the decision to maintain a “reasonable abundance of liquidity in the banking system and further enrich the central bank’s monetary policy toolbox,” it said in a statement. State-owned Shanghai Securities News said in an article published shortly after the People’s Bank of China’s (PBOC)notice that the facility was expected to cover three- and six-month tenors and that it would aid liquidity…
Motor racing hasn’t always been a display of precision engineering. “Twenty years ago you built the car and found a wishbone would be going through a piece of body work; drill that out and you find the axles are in the wrong place,” Williams CEO James Vowles told CNBC’s “Inside Track.”Yet with 24 races packed into the modern Formula One season and a limit on how much money you can spend competing, even minor mistakes can cost titles. To avoid them, teams are relying more heavily on digital tools. Car designs are thrashed out virtually before being uploaded to a program…
If you are building a properly diversified stock portfolio, the chances are some of your picks will perform badly. But the long term shareholders of Enero Group Limited (ASX:EGG) have had an unfortunate run in the last three years. Regrettably, they have had to cope with a 71% drop in the share price over that period. And the ride hasn’t got any smoother in recent times over the last year, with the price 27% lower in that time. More recently, the share price has dropped a further 10% in a month.With that in mind, it’s worth seeing if the company’s…
What could the results of the US presidential election mean for oil and gas equities?We always consider a range of outcomes on key issues depending on who takes the White House, but the main takeaway is: “It doesn’t matter.”Energy equity performance during the last 36 years vindicates this response: There’s no clear relationship between the party holding the presidency and energy equity performance or outperformance. Including Congressional control shows no relationship, either. Energy has performed better under the Democrats, but we find that to be coincidental to other, more important factors. The same holds true for US production output, which…
(Bloomberg) — Boeing Co. is planning to launch a capital raise as early as Monday, according to people familiar with the matter, in an offering that would help the beleaguered airplane maker boost its liquidity. Most Read from Bloomberg The company is set to raise more than $15 billion from the fundraising, one of the people said, adding that the amount could still rise depending on demand. Boeing’s advisers have been lining up potential investors for the offering, according to people familiar with the matter, who asked not to be identified as the information isn’t public. The transaction is likely…
(Bloomberg) — The yen fell to three-month low and futures pointed to a drop in Japanese stocks Monday after the Liberal Democratic Party and its coalition partner were dealt a heavy blow in a snap election. Most Read from Bloomberg The currency weakened as much as 0.6% against the dollar, before trimming some of the move, with the slide coming after four straight weekly declines. That’s again raised the risk that authoritiers may wade back into the market to protect the yen. While the currency’s depreciation typically supports Japanese stocks, investors are concerned that political stability will put Prime Minister…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. A hugely pivotal week for world markets begins with investors in Asia already bracing for volatile trading in Japanese assets on Monday after Prime Minister Shigeru Ishiba lost his parliamentary majority in the country’s general … Source link
From what we can see, insiders were net buyers in Diversified United Investment Limited’s (ASX:DUI ) during the past 12 months. That is, insiders acquired the stock in greater numbers than they sold it.While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing. Check out our latest analysis for Diversified United Investment The Last 12 Months Of Insider Transactions At Diversified United InvestmentOver the last year, we can see that the biggest insider…