China: stocks to benefit from continued growth?

[The Barbarian Investor]

Re: CHINA

*Bump*

I wound up buying MGX and ZFX back then amongst a few others....sold them later on though to purchase another Property that has risen $110k over the last 12 Months and prior to setting up a LOC, where I now realise I could had the best of both worlds by using that as a deposit and keping my shares

Interesting to look back though

 

[Wysiwyg]

Re: CHINA

30th-September-2005 09:09 AM

Iron Ore Producers are the primary benefactors of demand created by the two emerging super powers, China & India. Australian resources stock best positioned are BHP, RIO, PMM, FMG & MGX.

Australian Steel producers are going to have a very tough time. All the raw materials that are currently being exported are for off shore Steel producers in Asia, our guys can not even come close to competing, BHP was aware of this some time ago hence spinning their steel making assets off into BSL. BSL are trying to be proactive about this by building infrastructure in China but will still be competing heavily.

The Iron Ore companies hold all the cards and Australian Iron ore is trading at 40% discount to Brazillian Iron Ore, this will hopefully be addressed at the next round of negotiations, which are going to set the price for all post April 2006 deliveries. UBS are spruiking a 10% increase whilst Mac Bank are spruiking a 17% increase.

Whatever happened to Yippyio i wonder.Picked the uranium bull and picked the iron ore bull and picked FMG at below 50c.I wonder if he rode his thoughts all the way??

Can`t get an historical chart but you can see the s.p. when posted back then.Was it really 50c or has the chart been adjusted???

 

[shinobi346]

Re: CHINA

They had a 10 to 1 split not that long ago.

I picked up the others but missed out on FMG back then.