Stocks – Brl Speak http://brlspeak.net/ Tue, 14 Jun 2022 23:57:58 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://brlspeak.net/wp-content/uploads/2021/11/brl-160x160.png Stocks – Brl Speak http://brlspeak.net/ 32 32 The crypto plunges. Here are the most exposed stocks. https://brlspeak.net/the-crypto-plunges-here-are-the-most-exposed-stocks/ Tue, 14 Jun 2022 21:53:00 +0000 https://brlspeak.net/the-crypto-plunges-here-are-the-most-exposed-stocks/ Bitcoin plunged amid whispers of a “crypto winter”. The time of dreams Text size Whispers of a “crypto winter” intensify, and stocks of crypto-exposed companies are caught in the carnage. The price of Bitcoin – the proxy of the cryptocurrency space – is down more than 50% this year, exceeding the volatility that even crypto […]]]>

Bitcoin plunged amid whispers of a “crypto winter”.

The time of dreams

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Both of these stocks have soared more than 100% in the past three weeks https://brlspeak.net/both-of-these-stocks-have-soared-more-than-100-in-the-past-three-weeks/ Tue, 14 Jun 2022 07:33:00 +0000 https://brlspeak.net/both-of-these-stocks-have-soared-more-than-100-in-the-past-three-weeks/ Shares of Kohinoor Foods (Rs 70.95) and Hindustan Motors (Rs 25.55) continue their upward march, with market prices for both companies more than doubling in the past three weeks. Both stocks were trading at their respective 52-week highs, stuck on the 5% BSE upper circuit on Tuesday. By comparison, at 12:30 p.m., […]]]>


Shares of Kohinoor Foods (Rs 70.95) and Hindustan Motors (Rs 25.55) continue their upward march, with market prices for both companies more than doubling in the past three weeks.

Both stocks were trading at their respective 52-week highs, stuck on the 5% BSE upper circuit on Tuesday. By comparison, at 12:30 p.m., the S&P BSE Sensex was down 0.06% at 52,813 points.

Over the past three weeks, Kohinoor Foods has zoomed 137% from a level of Rs 10.77 on May 24, 2022, while Hindustan Motors is up 106% from Rs 34.40 on BSE.

Kohinoor Foods shares were locked in the upper circuit for the 47th day. Shares of the agricultural produce company soared 813% from a level of 7.77 rupees on April 6, 2022, after exchanges revoked a suspension on trading in the stock. Previously, the stock last traded on May 3, 2021 and closed at Rs 7.55 on BSE.

Currently, Kohinoor Foods trades under the T group on the BSE and under the BE category on the NSE. In the T2T and BE segment, each transaction must result in a delivery and no intraday netting of positions is permitted.

Kohinoor Foods is principally engaged in the manufacture, trading and marketing of food products. The company offers an extensive range that meets the needs of consumers around the world – ranging from a wide variety of basmati rice, ready-to-eat curries and meals, ready-made sauces, cooking pastes, chutney , from spices and seasonings to frozen breads, healthy snacks, cereals and edible oils.

The most powerful company brand ‘Kohinoor’ is a household name in countries like USA, UAE, Canada, Australia, Middle East, Singapore, Japan, Mauritius and other European countries.

Banks classified the company’s accounts as non-performing assets and served notice on it in the month of July 2018 to March 2019 and February 2020 to September 2020. The company has responded to said notices and is negotiating with various feasible options, Kohinoor Foods said in its March quarter results.

Regarding Hindustan Motors, the company has stated that the movement of the company’s share price or the push in the volume of its shares is purely based on market sentiment and the company has no input/comment to this respect because it is in no way linked with such a price movement.

“There is no pending information or announcements, which have an impact on the price movement of the company’s shares on our side. The price movement or the surge in trading volume on the shares of society is purely market driven and the company or its promoters or any key management personnel have nothing to do with it.Furthermore, we have also asked our RTA group and Promoters/Promoters and have been advised that they haven’t bought/sold any shares in the last 6 months,” said Hindustan Motors on May 31, 2022.

According to media reports, Hindustan Motors is likely in talks with a European automotive company focused on the electric vehicle (EV) space for a joint venture. A Memorandum of Understanding (MoU) has been signed and due diligence is expected to begin shortly and will take 2-3 months to conclude, Business Standard reported on May 25, 2022. CLICK HERE FOR THE FULL REPORT

In its FY21 annual report, Hindustan Motors had said it was aiming to restart operations and had started a process of cost rationalization after work was suspended at the Uttarpara plant.

Additionally, the company is committed to seeking connections with potential investors or strategic partners who can bring new product portfolios to market and inject capital into the company.

In addition, the company is considering various measures, including the alternative use of fixed assets to generate income.

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‘Fake’ aluminum stocks highlight the perils of China’s commodity finance https://brlspeak.net/fake-aluminum-stocks-highlight-the-perils-of-chinas-commodity-finance/ Mon, 06 Jun 2022 06:48:38 +0000 https://brlspeak.net/fake-aluminum-stocks-highlight-the-perils-of-chinas-commodity-finance/ Placeholder while loading article actions The opaque world of commodity trade finance in China is once again in the spotlight. This time, metals markets are obsessed with an incident in the southern province of Guangdong, in which several traders claim they were tricked into extending credit for fictitious amounts of aluminum. More than 500 million […]]]>
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The opaque world of commodity trade finance in China is once again in the spotlight.

This time, metals markets are obsessed with an incident in the southern province of Guangdong, in which several traders claim they were tricked into extending credit for fictitious amounts of aluminum. More than 500 million yuan ($75 million) may have been loaned, backed by metal stocks stored in a warehouse in Foshan city that were worth far less than that.

The amounts in question are relatively small, certainly in the context of the aluminum market in China. Last year, the world’s largest producer produced more than $100 billion worth of lightweight metal, for everything from window frames to auto parts. But what scares traders is the similarity to a much larger scandal eight years ago in the northern port city of Qingdao that sparked a crisis of confidence in China’s metals markets.

What could cause inventory mismatch?

Commodity trading, whether wheat, copper, or oil, is typically a high-volume, low-margin business. To optimize cash flow, traders often pledge their assets against loans. In the metal industry, this security takes the form of warehouse tickets, which record details such as quantity, quality, ownership and location of goods.

Making multiple warrants for a single metal stock would allow the owner to access loans from multiple lenders, a practice sometimes referred to as “over-commitment”. A discrepancy between the receipts and the actual amount of metal could occur in such a procedure.

Why would a trader take this risk?

Merchants operating on already wafer-thin margins have operated under even tougher funding conditions in recent months. Banks have become more cautious about lending due to larger price swings caused by the Russian invasion of Ukraine, as well as nervousness over some high-profile losses in the nickel market.

This has encouraged some to seek alternative financing, including the practice of small private companies pledging their wares to larger state-run traders for cash. Commodity prices are also generally higher due to the war in Ukraine, which means stocks may be worth more as currency for other investments.

The risk now is that large merchants will not lend to their smaller counterparts unless they are confident that their loans are secured by valid warehouse warrants.

How was the potential fault discovered?

This market volatility may have rattled the nerves of creditors. The sharp drop in aluminum prices after the latest virus outbreak brought the entire city of Shanghai to a standstill has led some to try to grab the pledged metal, fearing borrowers may not be able to repay their loans. That’s when the disconnect between too many warrants and not enough aluminum became apparent, according to people familiar with the matter, who declined to be identified discussing a private matter.

What happened during the Qingdao scandal?

The Foshan incident is a relatively small beer and has only involved traders so far. In Qingdao, it was banks, including international institutions, that found themselves most exposed to a trader and his affiliates who repeatedly pledged the same stock of metals for loans of over 20 billion. yuan.

But that in itself is probably instructive. Banks have learned lessons from Qingdao and other commodity finance scandals, making them more cautious lenders and pushing traders to seek alternative arrangements, including borrowing from larger peers. China’s regulator has also urged banks to step up oversight, and the use of metals as funding collateral has since declined.

Other similar frauds outside of China include French and Australian banks hit by 2017 loan losses totaling more than $300 million after discovering fake documents for nickel stored in Asian warehouses owned by Access World. , a subsidiary of Glencore Plc. And in 2020, Singaporean oil trader Hin Leong (Pte) Ltd. falsified documents to obtain trade financing for products he had previously sold.

What are the potential results?

Guangdong local police are investigating and will determine if fraud has taken place, but since the warrants in question have not been registered with the Shanghai Futures Exchange, China’s largest commodity exchange will not be responsible for reviewing. the regulatory angles of the case. Instead, creditors will likely go after warehouses for inventories first, pending investigations to decide whether borrowers are responsible for the losses.

The incident led to a domino effect in which more warehouses in China suspended on-site metal inventory check operations, according to people with knowledge of the information.

Although the Chinese government and its state banks are preparing to increase lending to counter the adverse effects of the virus on the economy, their largesse is unlikely to extend to commodity trading. As such, small businesses may find it more difficult to secure funding in the wake of yet another scandal.

The incident also has a detrimental effect on prices. Aluminum has fallen since news of the possible fraud began circulating, and traders will continue to be wary of buying the metal as this uncertainty around ownership persists. There is also the risk that confidence will be undermined in other important markets for materials that depend on warehouse warrants, such as copper, nickel or zinc.

More stories like this are available at bloomberg.com

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GT Voice: Why now is a good time to bet on Chinese stocks https://brlspeak.net/gt-voice-why-now-is-a-good-time-to-bet-on-chinese-stocks/ Sun, 05 Jun 2022 14:16:00 +0000 https://brlspeak.net/gt-voice-why-now-is-a-good-time-to-bet-on-chinese-stocks/ Share A Photo: VCG Global investors are returning to mainland stock markets after the selloff earlier this year, with fund managers generally believing negative factors “have started to reverse”, the Financial reported on Friday. Times. According to the report, foreign investors using the Shanghai-Hong Kong and Shenzhen-Hong Kong stock links bought 28 billion yuan ($4.2 […]]]>

Share A Photo: VCG

Global investors are returning to mainland stock markets after the selloff earlier this year, with fund managers generally believing negative factors “have started to reverse”, the Financial reported on Friday. Times.

According to the report, foreign investors using the Shanghai-Hong Kong and Shenzhen-Hong Kong stock links bought 28 billion yuan ($4.2 billion) worth of Chinese mainland stocks over the past year. last week.

As of Thursday’s close, northbound trading via Exchange Connections saw a net inflow of capital into the A-share market for five consecutive trading sessions. The continued net inflow of capital came at a time when the benchmark Shanghai Composite index jumped more than 11% from its low point in late April. This could serve as strong evidence that foreign investors are still bullish on Chinese financial markets and have been following the market for buying opportunities.

It is true that the worst outbreak in China in two years, the situation between Russia and Ukraine and other factors have hurt market sentiment in recent months. Nevertheless, with the continuous improvement of the epidemic prevention and control situation, the accelerated resumption of production in some parts of the country and the central government’s emphasis on stabilizing economic growth, investors have gradually regained optimism and rationality about China’s economic recovery and development.

The board of ChiNext, the Chinese board of Nasdaq-style growth companies, just posted a monthly gain of 3.71% in May. Of course, one month’s gain is not enough to recover the losses of the previous months. The ChiNext advice is down around 26% since the start of this year.

Nevertheless, it should be noted that the relatively low price basis of Chinese stocks provided an excellent opportunity for investors to intervene. Any investor who believes in valuation may regret missing out on such an opportunity, especially at a time when major global markets are at risk. significant volatility due to geopolitical factors and the change in Fed policy.

In the United States, there are growing fears that the Fed’s aggressive plan to rein in inflation could lead to a recession, and any negative news could easily spook investors and trigger a sell-off.

The Nasdaq Composite Index has seen great volatility this year, but it is widely believed that the worst may not be yet to come for US stock markets as major stock indexes are still high. The Nasdaq index is still more than four times what it was a decade ago, meaning corrections will be inevitable.

In contrast, Chinese equity markets have more certainty in terms of growth potential. It is undeniable that the recent outbreaks have caused some shocks to economic activities, but this has not harmed the fundamentals of the Chinese economy. At present, two Chinese megacities – Beijing and Shanghai – have just emerged from Omicron’s shadow, bringing social and economic activities back to normality.

In addition, an unprecedented meeting on the stabilization of the economy was held, sending an unequivocal signal on the deployment of more growth-friendly policies. Moreover, China’s desire to accelerate financial openness has not changed. All of these have laid the groundwork for the growing appeal of Chinese financial assets to foreign capital.

It would be unfortunate if foreign investors missed out on this wave of Chinese investment opportunities.

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Explained | Why are REITs selling Indian stocks? https://brlspeak.net/explained-why-are-reits-selling-indian-stocks/ Sat, 04 Jun 2022 21:10:00 +0000 https://brlspeak.net/explained-why-are-reits-selling-indian-stocks/ What led to the sale by foreign portfolio investors? Does this affect the ongoing economic recovery? What led to the sale by foreign portfolio investors? Does this affect the ongoing economic recovery? The story so far: Foreign portfolio investors (REITs) have gone on a selling spree in India. May’s figures of around ₹44,000 crore formed […]]]>

What led to the sale by foreign portfolio investors? Does this affect the ongoing economic recovery?

What led to the sale by foreign portfolio investors? Does this affect the ongoing economic recovery?

The story so far: Foreign portfolio investors (REITs) have gone on a selling spree in India. May’s figures of around ₹44,000 crore formed the highest monthly sales quantum since March 2020, when India announced a nationwide lockdown. Last month was also the eighth trotting REITs to sell net of assets – that is, they sold more than they bought. Their selling actions triggered a significant decline in benchmarks leading to a drop in the companies’ market capitalization.

What are REITs?

Foreign portfolio investors are those who invest funds in markets outside their national territory. Their investments typically include stocks, bonds, and mutual funds. They are generally not active shareholders and exercise no control over the companies whose shares they own. The passive nature of their investment also allows them to enter or exit a stock at will and easily.

What factors drive FPI moves?

The promise of attractive returns through economic growth attracts investors, including REITs, to a country’s markets. For example, according to data from National Securities Depositories Ltd. (NDSL), REITs earned around ₹3,682 crore in 2002. This rose to 1.79 lakh crore in 2010. This correlates with the concurrent expansion of economic output during this period. , despite the 2008 global financial crisis which led to REIT sales during this period in the country. The year 2017 saw inflows of REITs exceed ₹2 lakh crore.

Similarly, REITs withdrew ₹1.18 lakh crore in March 2020 alone – the month India announced a nationwide lockdown, sparking concerns over economic growth. At the same time, the benchmark Sensex stock index fell from 42,270 in February 2020 to 25,630 in March 2020.

REITs also show a willingness to invest in bonds when there is a favorable differential between the real interest rates offered in the country in which they wish to invest and other markets, but more precisely, compared to the most world’s largest economy, the United States.

Why have REITs sold Indian holdings?

REITs sold assets worth ₹44,000 crore in May 2022. This was the second highest sale in a month since 1993, after March 2020.

After the pandemic, the recovery of the Indian economy has been uneven. The second wave of the COVID-19 pandemic in 2021 devastated lives and livelihoods. The economy stuttered again when a third wave, although less severe, saw the spread of the Omicron variant earlier this year. Add to that the return of pent-up demand to economies around the world as the pandemic subsides. The pace of the recovery caught suppliers off guard, contributing to supply-side shortages.

Even as the industry grappled with this challenge, Russia launched an attack on Ukraine. Sunflower oil and wheat supplies from both countries have been hit, driving up world prices for these crops. As supply in general tightened around the world, commodity prices also rose and headline inflation accelerated. India has seen an acceleration in price inflation which has remained above the Reserve Bank’s upper comfort level of 6% for four consecutive months, reaching 7.8% in April. Industrial production has also had a bumpy ride without giving confidence in a full and definitive recovery from the pandemic. Consumer spending also remained weak in the subcontinent.

With each of these factors contributing to declining confidence in robust economic performance, foreign portfolio investors have reduced their investments in the markets in recent months.

Add to that the US Federal Reserve raising the benchmark interest rate from March this year. The key rate went from 0-0.25% in March to 0.75-1% in May and is expected to increase by 50 basis points at each of the next two Fed meetings.

When the interest rate differential between the United States and other markets narrows, and if such an event is accompanied by a strengthening dollar, investors’ ability to earn healthy returns is affected. Indeed, returns are measured not only by the appreciation of asset values ​​but also by changes in exchange rates. If the dollar strengthens against the rupee, then an investor is able to realize fewer dollars for a given amount of liquidated rupee assets. Moreover, if inflation accelerates in the foreign market where the investor has placed funds, real returns are further affected.

They then tend to exit assets considered “risky” as in emerging markets such as India, Brazil or South Africa.

What is the impact of a REIT sale?

When REITs sell their holdings and repatriate funds to their home markets, the local currency takes a hit. After all, they are selling rupees in exchange for their home market currency. As the supply of the rupee in the market increases, its value decreases. In this case, the rupee has recently seen all-time lows. About a year ago, it was trading in the region of 73 per US dollar; it now flirts with level 78. With a weaker rupee, we have to spend more funds to import the same unit of goods. The most telling impact is on the cost of our crude oil imports which contribute 85% of our oil needs.

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Alibaba and Baidu spark a rally in Chinese tech stocks https://brlspeak.net/alibaba-and-baidu-spark-a-rally-in-chinese-tech-stocks/ Sat, 04 Jun 2022 02:27:24 +0000 https://brlspeak.net/alibaba-and-baidu-spark-a-rally-in-chinese-tech-stocks/ AThe higher-than-expected profits of libaba Group Holding Ltd. and Baidu Inc. sparked a rally in Chinese tech stocks. U.S. certificates of deposit at both companies rose more than 10% on Thursday after their results were released. This drove the broader Nasdaq Golden Dragon China Index up 7.6%, the 30-stock Hang Seng Tech Index up 3.8%, […]]]>

AThe higher-than-expected profits of libaba Group Holding Ltd. and Baidu Inc. sparked a rally in Chinese tech stocks. U.S. certificates of deposit at both companies rose more than 10% on Thursday after their results were released. This drove the broader Nasdaq Golden Dragon China Index up 7.6%, the 30-stock Hang Seng Tech Index up 3.8%, and the index up 2.9%. Wider Hang Seng.

This rally in Chinese tech stocks suggests that expectations have become too pessimistic in the space and that investor sentiment is changing. In a note to clients, Sanford C. Bernstein analyst Robin Zhu wrote that Alibaba’s results “were better than expected relative to expectations that had turned increasingly negative in recent weeks.”

Meanwhile, The Wall Street Journal reports that Credit Suisse Chief Investment Officer for Greater China Jack Siu said Beijing has signaled the regulatory campaign targeting tech giants and internet platforms must pause. .

Chinese politicians voiced support for a stronger digital economy at a meeting last week with select tech executives. In April, the Communist Party’s Politburo said authorities planned to unveil measures supporting the healthy and normal development of the platform economy.

“The Chinese government much like the United States and other governments has been trying to catch up in regulating a technology industry that has grown at an incredible rate over the past decade,” said Kevin T. Carter, Founder and CIO of EMQQ Global. “I don’t believe the goal was ever to hurt their internet giants in the long term, but rather to do what all governments are trying to do. This meeting can signal that the government feels it has caught up.

Last month, Bloomberg quoted Singapore-based fund manager Straits Investment Holdings Pte Manish Bhargava as saying the Politburo statements “are very bullish for the market,” adding that rising tech stocks “could imply that perhaps be some sort of short-term floor is in place.”

“Valuations and growth have been there for a while. Investors now need a third leg to stand on,” Carter added. “And that’s a positive feeling. These developments are steps in the right direction.

Additionally, Chinese authorities are easing COVID restrictions as cases decline, which could also boost the country’s economy.

This rally in Chinese tech stocks and changing investor sentiment should impact EMQQ Global Emerging Markets Internet & E-Commerce ETF (NYSE Arca: EMQQ), of which more than half of its assets are oriented towards China. By focusing on the Internet and e-commerce in emerging markets, EMQQ seeks to capture the growth and innovation occurring in some of the largest and fastest growing populations in the world.

For more news, insights and strategy, visit our Emerging Markets channel.

Learn more at ETFtrends.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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3 Canadian stocks to buy as interest rates rise https://brlspeak.net/3-canadian-stocks-to-buy-as-interest-rates-rise/ Fri, 03 Jun 2022 15:45:00 +0000 https://brlspeak.net/3-canadian-stocks-to-buy-as-interest-rates-rise/ Image source: Getty Images Interest rates have been increased several times this year. Earlier this month, the Bank of Canada raised the overnight rate to 1.5%. Interest rates are expected to continue to rise, as Canada tries to find a way to address the issues of runaway inflation that we have experienced since the pandemic. […]]]>

Image source: Getty Images

Interest rates have been increased several times this year. Earlier this month, the Bank of Canada raised the overnight rate to 1.5%. Interest rates are expected to continue to rise, as Canada tries to find a way to address the issues of runaway inflation that we have experienced since the pandemic. That said, what stocks should investors focus on today? In this article, I will discuss three Canadian stocks to buy as interest rates rise.

Consider buying this diversified business

Historically, financial institutions have seen their profit margins increase as interest rates have risen. This makes them excellent companies to invest in during times like these. The first financial company we should look at is Bank of Nova Scotia (TSX:BNS)(NYSE:BNS).

While any of the big five banks could be a good choice here, I like Bank of Nova Scotia for its excellent diversification. This company has focused a lot on international expansion, and its numbers reflect that. In 2021, nearly a third of its revenue came from sources outside of Canada. In addition, the Bank of Nova Scotia announced a 50% increase in second quarter revenue from its international business. This supports the idea that this line of business could drive the growth of the Bank of Nova Scotia in the coming years.

A Canadian dividend aristocrat, the Bank of Nova Scotia has successfully increased its dividend over the past 11 years. Perhaps even more impressively, the company has paid a dividend to its shareholders for the past 189 years. It really is an excellent company that investors should consider adding to their portfolios.

This company is a slot machine

Investors should also consider investing in insurance companies. These would make a great investment as they receive income on a recurring basis. Moreover, they only incur losses when they have to cover claims. Anyone who has worked with insurance companies will know that they don’t tend to be the most enthusiastic when it comes to covering claims.

If there is one insurance company you should invest in, it would be Manulife Financial (TSX: MFC)(NYSE: MFC). With approximately $1 trillion in assets under management, it is the largest insurance company in Canada. In 2021, Manulife reported net income of $7.1 billion, which is an increase of $1.2 billion from 2020. Manulife is also a Canadian dividend aristocrat, having increased its dividend during of the last seven years.

One of the most recognized financial institutions

Finally, investors should consider investing in Brookfield Asset Management (TSX: BAM.A)(NYSE: BAM). It is one of the largest money management companies in the world, with approximately $725 billion in assets under management. Through its subsidiaries, Brookfield is exposed to the infrastructure, real estate, renewable energy utilities and private equity markets.

Like the other two companies listed here, Brookfield is listed as a Canadian Dividend Aristocrat. It has increased its dividend in each of the past nine years. I am confident that the company could continue to perform well for shareholders, as long as its CEO, Bruce Flatt, remains at the helm. Flatt has often been compared to Warren Buffett due to their similar investment styles, large holdings, and long tenures as CEO. If there’s one person you’d want to run a business in your portfolio, it’s Bruce Flatt.

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Be prepared to pounce on home building stocks when they drop https://brlspeak.net/be-prepared-to-pounce-on-home-building-stocks-when-they-drop/ Thu, 02 Jun 2022 23:00:45 +0000 https://brlspeak.net/be-prepared-to-pounce-on-home-building-stocks-when-they-drop/ CNBC’s Jim Cramer said Thursday that despite conventional wisdom, he thinks investors should buy homebuilding stocks the next time they fall. “I think these stocks are going to go down further, but when they do — and it could be on a statement from the Fed that they’re still seeing signs of inflation — I […]]]>

CNBC’s Jim Cramer said Thursday that despite conventional wisdom, he thinks investors should buy homebuilding stocks the next time they fall.

“I think these stocks are going to go down further, but when they do — and it could be on a statement from the Fed that they’re still seeing signs of inflation — I think you need to pounce,” the “Mad Money” says the host. “That could be as soon as the next rate hike.”

Homebuilder sentiment fell to a two-year low on weaker demand and higher costs in May. Mortgage rates rose sharply this week after declining in recent weeks, as house prices also continued to rise.

But Cramer says there are bullish signs for the market suggesting that despite the Federal Reserve preparing to tighten the economy, homebuilding stocks could go against the grain and be attractive assets for portfolios. investors.

He pointed out that the pandemic has changed the landscape of the homebuilding industry, leaving downtown offices empty due to working from home, inflating the bank accounts of potential buyers and leading to a baby boom that could mean more business for residential construction companies.

In addition, skyrocketing rental prices have prompted some people to invest in houses rather than signing a lease, while the limited supply of houses has prevented property depreciation and led to bidding wars between potential buyers, he said.

“We’ll have more downgrades and maybe even estimate reductions, but when they come I’m going to go out on a limb here and say now is the time to buy the homebuilders,” Cramer said. .

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GameStop reports its earnings today. This could spark renewed interest in Meme stocks. https://brlspeak.net/gamestop-reports-its-earnings-today-this-could-spark-renewed-interest-in-meme-stocks/ Wed, 01 Jun 2022 15:48:00 +0000 https://brlspeak.net/gamestop-reports-its-earnings-today-this-could-spark-renewed-interest-in-meme-stocks/ Text size GameStop stock may see renewed interest after the company announces its results. Justin Sullivan/Getty Images GameStop is expected to release its first-quarter results after the market closes on Wednesday. Stocks have rebounded from a steep decline in recent weeks, but remain well below highs seen a year ago. Shares of the video game […]]]>

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Value Line: Free Value Line® Dow 30 Stock Reports – Form 8-K https://brlspeak.net/value-line-free-value-line-dow-30-stock-reports-form-8-k/ Tue, 31 May 2022 21:12:30 +0000 https://brlspeak.net/value-line-free-value-line-dow-30-stock-reports-form-8-k/ Free Value Line® Dow 30 Stock Reports VALUE LINE, INC. ANNOUNCES THE RENEWAL OF THE SHARE BUYBACK PROGRAM New York – (Globe Newswire) – Value Line, Inc., (NASDAQ: VALUE) announced that on May 31, 2022, the Board of Directors approved the renewal of the share repurchase program, with immediate effect, allowing the repurchase of shares […]]]>

Free Value Line® Dow 30 Stock Reports

VALUE LINE, INC. ANNOUNCES THE RENEWAL OF THE SHARE BUYBACK PROGRAM

New York – (Globe Newswire) – Value Line, Inc., (NASDAQ: VALUE) announced that on May 31, 2022, the Board of Directors approved the renewal of the share repurchase program, with immediate effect, allowing the repurchase of shares from time to time, up to an additional amount of $3,000,000. The new buyback program, which replaces the March 2022 program, has no set price limit or expiration date and makes available a total of approximately $3.04 million.

“Based on the company’s current financial condition, we believe that renewing the buyback program is in the best interest of our shareholders,” said Howard A. Brecher, the company’s chairman and chief executive officer.

During the twelve months ended April 30, 2022, there were 9,544,421 average common shares outstanding, compared to 9,596,912 average common shares outstanding during the twelve months ended April 30, 2021, reflecting share repurchases under the Company’s share buyback program. The Company had 9,490,672 common shares outstanding as of May 31, 2022.

The Company’s Quarterly Report on Form 10-Q has been filed with the SEC and is available on the Company’s website at https://www.valueline.com/About/InvestorRelation.aspx. Shareholders can receive a printed copy free of charge upon request.

Value Line, Inc. is a leading New York-based investment research provider. The Value Line Investing Survey is one of the most widely used sources of independent equity investment research. Value Line also publishes a range of proprietary investment research in print and digital formats, including research in the areas of mutual funds, ETFs and options. Value Line’s acclaimed research also enables the company to provide specialty products such asValue Line Select, Value Line Special Situations, Value Line Select: ETFs, Value Line Select: Dividend Income & Growth, The new Value Line ETFs service, The Value Line M & A Service, The Value Line Information you need to know Wealth Newsletter, Value Line Climate Change Investment Service and certainCopyright Value Line, distributed under agreements, including certain proprietary filing system information and other proprietary information used in third-party products. Investment advisory services are provided through its significant non-voting interests in EULAV Asset Management, the investment advisor to The Value Line family of mutual funds. Value Line products are available to individual investors by mail at www.valueline.com or by calling 1-800-VALUELINE or 1-800-825-8354, while institutional-level services for professional investors, advisors, corporate, academic and municipal libraries are offered at www.ValueLinePro.com, www.ValueLineLibrary.com and by calling 1-800-531-1425.

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Caution Regarding Forward-Looking Information

In this report, “Value Line”, “we”, “us”, “our” refers to Value Line, Inc. and “the company” refers to Value Line and its subsidiaries, unless the context otherwise requires.

This report contains statements that are predictive in nature, dependent on or refer to future events or conditions (including certain business projections and trends) together with expressions such as “believe”, “estimate”, “expect “, “anticipate”, ” “, “intend” and other similar or negative expressions, which are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995, as amended. The Company’s actual results may differ materially from those projected due to certain risks and uncertainties, including, but not limited to, the following:

maintain revenue from subscriptions to the Company’s digital and print published products;

changes in investment trends and economic conditions, including global financial issues;

changes in Federal Reserve policies affecting interest rates and liquidity and the resulting effects on stock markets;

protect the intellectual property rights on the Company’s methods and brands;

protect confidential information, including customer confidential or personal information that we may possess;

reliance on non-voting income and non-voting profit interests from EULAV Asset Management, a Delaware statutory trust (“EAM” or “EAM Trust”), which serves as investment advisor to the Value Line funds and handles distribution, marketing and administrative services;

fluctuations in EAM’s and third-party copyright assets under management due to general changes in the value of equity and debt securities, investor redemptions and other factors;

possible changes in the valuation of EAM’s intangible assets from time to time;

generate future revenue or collect receivables from major customers;

reliance on key executive and specialist personnel;

risks associated with outsourcing certain functions, technical facilities and operations, including in some cases outside the United States;

competition in publishing, copyright and investment management, and the related effects on the level and structure of prices and fees, and the range of services provided;

the impact of government regulation on the business of the Company and EAM;

the availability of free or low-cost investment data through discount brokers or generally on the Internet;

military conflicts, civil unrest and disruptions associated with travel and supply and other effects;

Russia’s invasion of Ukraine and its impact on inflation;

terrorist attacks, cyberattacks and natural disasters;

the inadequacy of our business continuity plans or systems in the event of an anticipated or unforeseeable disruption;

the coronavirus pandemic, which has significantly affected markets, employment and other economic conditions, and may have additional unpredictable impacts on employees, suppliers, customers and operations;

other possible epidemics;

changes in the prices of materials and other inputs and services, such as freight and postage, required by the Company;

other risks and uncertainties, including but not limited to the risks described in point 1A,

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“Risk Factors” of the Company’s Annual Report on Form 10-K for the fiscal year ended April 30, 2021 and in Part II, Item 1A of the Quarterly Report on Form 10-Q for the period ended January 31, 2022; and other risks and uncertainties arising from time to time.

These factors are not necessarily all important factors that could cause actual results to differ materially from those expressed in any of our forward-looking statements. Other unknown or unforeseeable factors which may involve external factors over which we have no control or changes in our plans, strategies, objectives, expectations or intentions, which may occur at any time at our discretion, could also have material adverse effects on future results. . Except as otherwise required by applicable law, we have no obligation to update these statements and we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information , future events or otherwise. In light of these risks and uncertainties, current plans, anticipated actions and future financial conditions and results may differ from those expressed in the forward-looking information contained herein.

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