Comments on: If You Believe Chanos on China… http://yesandnotyes.com/blog/2010/02/if-you-believe-chanos-on-china/ Investing, politics, policy, economics, money, law, etc. Thu, 22 Jul 2010 15:08:16 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Patrick http://yesandnotyes.com/blog/2010/02/if-you-believe-chanos-on-china/comment-page-1/#comment-852 Patrick Sun, 21 Feb 2010 21:02:52 +0000 http://yesandnotyes.com/blog/?p=1175#comment-852 One possible candidate is China Advanced Construction Materials (CADC). I recently came across the company, but have not done any research yet. One possible candidate is China Advanced Construction Materials (CADC). I recently came across the company, but have not done any research yet.

]]> By: Ranni http://yesandnotyes.com/blog/2010/02/if-you-believe-chanos-on-china/comment-page-1/#comment-846 Ranni Tue, 16 Feb 2010 19:41:21 +0000 http://yesandnotyes.com/blog/?p=1175#comment-846 Just quick addition to this subject. http://bit.ly/d6yS5b Here is intresting article which gives clarify China´s gigantic part of world steel "demand". "In other words, China is not just a major player in the steel market. It IS the steel market, and you can't not focus on China if you're interested in global markets." Just quick addition to this subject.

http://bit.ly/d6yS5b
Here is intresting article which gives clarify China´s gigantic part of world steel “demand”.

“In other words, China is not just a major player in the steel market. It IS the steel market, and you can’t not focus on China if you’re interested in global markets.”

]]> By: Ranni http://yesandnotyes.com/blog/2010/02/if-you-believe-chanos-on-china/comment-page-1/#comment-840 Ranni Thu, 11 Feb 2010 20:05:26 +0000 http://yesandnotyes.com/blog/?p=1175#comment-840 I don't have any short positions, but if i have to take, i would go against those big mining household names (BHP Billiton etc). Possibility to positive suprises should be minimal at these valuations. That kind of hot potato what you pointed out (Resourcehouse ltd), sounds good candidate too, and would lost steam quite quickly. Difficult to say what kind of kool-aid investors have drinked, when they bid, those big mining companies up to 10x EV/Ebitda. It remains to see, how well stimulus driven 3-6% earnings yield, can support these prices. I don’t have any short positions, but if i have to take, i would go against those big mining household names (BHP Billiton etc). Possibility to positive suprises should be minimal at these valuations. That kind of hot potato what you pointed out (Resourcehouse ltd), sounds good candidate too, and would lost steam quite quickly.

Difficult to say what kind of kool-aid investors have drinked, when they bid, those big mining companies up to 10x EV/Ebitda. It remains to see, how well stimulus driven 3-6% earnings yield, can support these prices.

]]> By: Parker Bohn http://yesandnotyes.com/blog/2010/02/if-you-believe-chanos-on-china/comment-page-1/#comment-839 Parker Bohn Thu, 11 Feb 2010 16:56:20 +0000 http://yesandnotyes.com/blog/?p=1175#comment-839 China's economy is likely to more than double in the next 20 years. It seems like a dangerous game to try and predict the inevitable crashes along the way. China’s economy is likely to more than double in the next 20 years. It seems like a dangerous game to try and predict the inevitable crashes along the way.

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