AFF Member Stock Discussion

[Quickstatus]

This is one lever China could employ in retaliation for the tariffs.

Though if they withdrew the CNY from the Us that will just put downward pressure on the USD making US tariffs in China effectively worse

 

[Brissy1]

Star SGR lodged an asx announcement, got $300m from Bally, looks like it will survive with existing shareholders relinquishing 70% (and paying 9% interest). A good outcome under the circumstances, better than the Chinese offer.
All still subject to, approvals...blah blah

 

[drron]

Whether the stock markets go down further in the next few weeks really does not depend on what Trump does. It really depends on the reactions of other countries to the Trump tariffs particularly the EU. The economic pain is much greater when there is retaliation.
China has already retaliated but that was expected as they would like to see the US economy damaged.
The real crunch comes when the EU announces new tariffs on the USA as they have threatened, The EU are real hypocrites having the highest tariffs on many countries and outright bans on many products. Remember when Brexit occurred? The EU banned our agricultural products. Fortunately the UK finally allowed them back to the UK.
So watch t he EU. My feeling is that they will increase tariffs on the USA and markets will plunge. because Trump has already promised to double up if countries retaliate. My worst fear is that Trump will exit NATO. Europe then will be in crisis and the stock markets are the least of our worries.

 

[prozac]

The real crunch comes when the EU announces new tariffs on the USA as they have threatened, The EU are real hypocrites having the highest tariffs on many countries and outright bans on many products. Remember when Brexit occurred? The EU banned our agricultural products. Fortunately the UK finally allowed them back to the UK.

Thank you, someone else that sees the reality.

 

[prozac]

What's going on with WDS. Oil is down, again, and our exchange rate is down (oil/gas is paid for in USD) yet they are just holding their head above the water level. Yes I know they have investment o/s but little or no income from these. Share price should be in the toilet.

 

[SYD]

Who is going to buy what whenever they choose to jump back in? I am thinking CSL, QUAL, MCQ and NAB but mind is far from made up

Topped up my CSL. Not a good dividend payer but hopefully returns to some decent gain.

I don’t have MQG at all unfortunately and the amount to make it worth while is probably not worth the risk in the current climate.