AFF Member Stock Discussion

[prozac]

Two sources familiar with the matter confirmed on Tuesday that China had waived the 125% duty on imports of ethane from the United States, imposed earlier in the month.

Sources: China waives tariffs against US ethane imports

Two sources familiar with the matter confirmed on Tuesday that China had waived the 125% duty on imports of ethane from the United States, imposed earlier in the month. Ethane is one of a number of products which have been exempted. This move will relieve pressure on Chinese companies that...

logistics.maritimeprofessional.com

China 'Compiling a List of US Goods Exempt From Its 125% Tariffs'

China has granted tariff exemptions on US goods such as pharmaceuticals, chips and aircraft engines and has asked firms to identify critical goods they need levy-free

www.asiafinancial.com

 

[Quickstatus]

Anyone follow Plenti which is PLT?

I've been looking.
Sounds like it bundle it's consumer loans into securities which it sells rather keeping it on the books.
They seem to be active in car and solar loans
Loan portfolio growing

 

[Mr_Orange]

Sounds like it bundle it's consumer loans into securities which it sells rather keeping it on the books.

Go and watch The Big Short, if you haven't seen it already.

I'm not saying that they are bundling up bad loans at the moment, but that could well come and would be well worth keeping a critical eye on if they ever become a tier 2 mortgage lender.

 

[Quickstatus]

but that could well come and would be well worth keeping a critical eye on if they ever become a tier 2 mortgage lender.

Their credit performance appear excellent with 1% loss.
What I don't understand is their "profit" is not statutory but rather Cash NPAT which I am not familiar with.

 

[cove]

We now have a real risk of losing our AAA rating. Australia has not been banking the good times at all.
Today Dimerix jumped 40%.
Plenti PLT needs to make a lot more money out of their loan portfolio. Growth is one thing but profitability is the winner.