I asked a simple question- because on ILMN board (I have not shares) they said Oxford Nanpore short reads on hand held devices rather then cumbersome HiSeq sold by ILMN.
So if Pac-Bio and Oxford can corner the whole market with help of Roche and make ILMN obsolete.
She is a great pick- come on down to Georgia to look at the work she has done during difficult times. Very courageous venture. She is a beautiful lady both to look at but also the beauty is in the work she has done to take care of fellow humans- when the other fellow beings were behaving like animals.
You win some and lose some. We all need good luck too.
ILMN news- market or competition and will know on 04/21/2016 after PACB releases the news. But PACB already down about 6%. Will put in an order for 750 shares and see how it turns out by 04/21.
Always there to share and help esp. friends and decent humans to profit. I am happy- several minds better then one.
However, this property rebound is likely to last only until the end of 2016 because the two fundamental factors that drive long-term prices – oversupply in the lower tier cities and underlying demand – have not changed.
On the supply side, UBS estimates that China needs another two years to absorb excess supply in tier 3 and below cities.
On the demand side, wealth management products (36%) rather than Chinese residential properties (20%) are still deemed the preferred investment asset class by Chinese investors. While almost all survey respondents are aware of the end to China’s one-child policy, only 40% prefer to have another child. (One may argue children are an inferior good.) “With investment options broadening, investment demand for Chinese residential property may not recover to levels of previous cycles,” warned UBS.
In the past, China’s property market tended to go through a series of three-year cycles. We had a strong 2006 and 2007 followed by a weak 2008. Again we had a strong 2009 and 2010 and a weak 2011. This was followed by a strong 2012 and 2013 and weak 2014. So far we have had a strong 2015 and a strong first three months of 2016, rising and falling along with government stimulus packages.
So, following this pattern, are we going to see a strong 2016 followed by a weak 2017? UBS thinks so:
Sales could remain relatively robust at 5-7% in 2016 but then ease to 0-2% in 2017 as pent-up demand is satisfied.
China’s push to revive its property sector seems to be working. Property sales increased last year by only 6.5%, slower than the aggregate GDP growth. But in the first three months this year sales have surged 33%.
There was more evidence today of a revival in the property sector. New home prices climbed in 62 of the 70 cities tracked by the Statistics Bureau in March, up from 47 in February. In addition, home price gains spread from tier-1 cities. The tier-two coastal city of Xiamen, for instance, saw home prices jump 5.4% from a year ago. Meanwhile, new home prices in Nanjing jumped 3.5%.
UBS raised its 2016 GDP growth forecast substantially over the weekend, citing the improved property market. A more lively real estate market boosts new construction, traditionally a growth engine of China’s investment-fueled economy. Deutsche Bank also raised its second-quarter growth forecast. See my earlier blog “Banks Raise China’s 2016 GDP Growth Forecast“.
So now the big question is: Can this housing revival last?
Let’s ask what the consumers think. In an online survey of 3,361 Chinese consumers conducted between February 23 and March 14, UBS found that consumers in tier-2 and tier-3 cities are now more inclined to buy properties compared to six months ago. 30% of tier-2 consumers want to buy in the next two years versus less than 25% last August. In tier-3 cities, 33% consumers want to buy versus 23% previously. UBS- most recent survey suggests improved sentiment and activity in Tier 1 cities is now spreading to lower tier cities.
This property market rebound is almost entirely engineered by Beijing. When asked what factors were required to boost confidence, lower down payments were cited as the number 1 driver that prompts Chinese consumers to buy, followed by income growth and a further fall in prices. Last August, further price falls and income growth were the two most important drivers.
Ignorant trash- drug cartel will not be posting on the internet. You cannot stand anybody who is wealthier then you- miserable critter- learn to enjoy other peoples success .
You think investing comes without risk- sure everybody should be prepared to lose everything in the stock market. But you cannot be a timid blowhard like you. You can invest in market what you can afford to lose.
Keep guessing how I got rich- you will not be able to fathom that- smart and hard working people who do not beat their chest are plenty in world and they do not thump like you- a common trash- you by luck got a few hundred thousand dollars and wants to show off. Get lost.
Cesspool of ignorance and arrogance- a deadly combination for nuts who talk and spout nonsense - is very evident with each post of yours.
Do not worry about my brain or cells I have and you have no clue about what that constitute. If I lose all of money on XIN it does not make a dent into my holdings.
the trash walks back again- you cannot comprehend, cannot compute, only empty noise from empty head, day and night.
You have been watching and burning my measly $45, 760 investment has turned into $237,600 while you whine about XIN (in which you have not invested) and people who have thrived investing in XIN. Misery soul you cannot get out this hole.
Learn to read correctly,
1. 1000 shares represented less then 1% of his shares.
2. 2000 shares were less then 2% of shares
3. 6000 shares is about 4% of shares.
When you are trash, and have no basic underpinning of education- you tend to make an #$%$ of yourself each time you open spout.
Go and learn third grade math, before you start calling anybody a liar.