Hong Kong Exchanges and Clearing Analysis – January 2022

Hong Kong Exchanges and Clearing Limited (Symbol: 0388.HK) is a publicly listed stockmarket and derivatives clearing house operator. In the past 6 months, the Chinese government have made clarifications related to overseas stock listings and mainland derivatives trading. It said Hong Kong would not be subject to new data security rules for companies with moreContinue reading “Hong Kong Exchanges and Clearing Analysis – January 2022”

Melco Resorts Analysis – January 2022

Melco Resorts & Entertainment Limited (Symbol:MLCO) is a casino operator with a large majority of their revenue coming from Macau, a special administrative region in China. News from last week coming out of the Macau government clarified news around their gaming license (which is due to expire June 2022), though much remains unclear. According toContinue reading “Melco Resorts Analysis – January 2022”

Agnico Eagle Mines Analysis – January 2022

Agnico Eagle Mines (TSX:AEM, NYSE:AEM) is a senior gold miner with a market cap of $15.85b CAD. They announced a merger of equals with Kirkland Lake Gold (TSX:KL, NYSE:KL) in September 2021. In November, both companies shareholders approved the merger and are awaiting to be granted the final order by the Ontario Superior Court ofContinue reading “Agnico Eagle Mines Analysis – January 2022”

End of Year Thoughts on the Markets – 2021

Christmas is almost here and important investment decisions are looming. Let’s begin. Omicron is spreading rapidly across the world. Emerging guidelines within Canada are that healthcare workers are now required to get a 3rd Pfizer shot (a booster). If the federal government is going to require a third shot against covid-19, I think it wouldContinue reading “End of Year Thoughts on the Markets – 2021”

Associated British Foods (Company review) – November 2021

Associated British Foods (ABF-L) is a publicly listed company in the UK. It has a five different arms: Grocery, Sugar, Agriculture, Ingredients and Retail. Employing 128,000 people, it is the 8th largest private-sector employer in the UK, according to Disfold.  Going by most revenue, Retail comes first with £5.5 billion. It includes the Ireland-based PrimarkContinue reading “Associated British Foods (Company review) – November 2021”

A Slowdown in China? – November 2021

China’s economy is headed for a slowdown. Power shortages, crackdowns on property speculation and a zero-tolerance covid-19 strategy is leading some to believe that the rebound from the virus-induced recession and lockdown is losing steam. The latest data show that China grew 4.9% in the July-September quarter from a year earlier, down from 8% inContinue reading “A Slowdown in China? – November 2021”

Is net-zero achievable by 2050? – November 2021

COP26, the United Nation’s Climate Change Conference, is now underway. Its goal is to lower carbon emissions enough to limit temperature increases to less than 2 degrees celsius compared to pre-industrial levels and ideally to no more than 1.5 degrees. The pre-industrial era refers to the 1880-1900 period. Although contested by some, it is generallyContinue reading “Is net-zero achievable by 2050? – November 2021”

Is Poland Going To Leave the EU? – October 2021

This article is related to the potential devaluation of the Polish złoty due to Polish government leaving the EU or squashing central bank independence.  On October 7, 2021, Poland’s Constitutional Court ruled that key articles of the European Union were incompatible with Polish law. Now the European Union is threatening to withhold Covid relief moneyContinue reading “Is Poland Going To Leave the EU? – October 2021”

Thoughts on Inflation – October 2021

The United States Bureau of Labor Statistics reports the Consumer Price Index (CPI) monthly and is probably the most widely used gauge of inflation. It takes surveys from people in urban areas and compiles them into a report. But there are different measures for inflation, one that might be more accurate than the CPI isContinue reading “Thoughts on Inflation – October 2021”