Originally posted by PickmeAmonkey
Hi vcr999 - I notice that TGN is recently down 50% just wondering whether you running at a loss and perhaps that's why you keep posting these repetitive negative long spiels?
Not much point wasting time on vcr unsubstantiated and simplistic negative statements - as I stated before the truth is a bit more complicated...
Mitsubishi was helpful and supportive in the commodities boom and backed CNQ/SEI in 2013 - 14... and did changed the tack on commodities downturn... after substantial losses and have decided to turn their attention to other fields ...but funny thing is that recently they are on the "hot run" thanks to big profits on the ... unloved commodity - coal investment, they were not able to unload few years ago...
so if the experts have so much trouble picking the trends and their investments what chance do we have as a individual investors (including "vcr" with his ailing TNG and GWR investments)?
Anyhow it would be good if vcr spent more time reading the important stuff before commenting eg:
https://www.japantimes.co.jp/news/2...gent-shift-commodities-collapse/#.W8mmmWgzY2w
https://www.reuters.com/article/us-mitsubishi-results-idUSKCN0WP2YP
in April 2016:
TOKYO (Reuters) - Japanese trading company Mitsubishi Corp will post its first ever annual loss for the year to March 31, it said on Thursday, hurt by huge writedowns from a slump in commodities.
