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PariaMan wrote:Well your opinion is that it is not for yousMASH wrote:"refinancing" does that mean guaranteed by GORTT or central bank?
no.
it means that they will issue more bonds to get more money to repay the first bonds. so if u substitute 'bond' with 'loan' it means they would take another 'loan' to repay the first 'loan'
clico was reallll bess, until it wasnt.
That's ok , do not invest
Plenty people feel different and in my opinion it will be oversubscribed and people will make a lot of money
This cannot be compared with clico and HCU totally different scenario
I remember workers from FCB not buying shares because the union say not to buy
They lost out big time
People opposing for political reasons
They should not allow that to prevent them from making a good investment
sMASH wrote:i not opposing for political reasons, i just see the interest rate being capped, and in exchange for that cap, it should at least be guaranteed that it be repaid. but that is a definite no as it is offered via a shell company.
Redman wrote:GORTT is debt loaded and has just sold a Govt debt into a SPV that is capitalized by Equity-primarily RBL- who is out of growing space in its home country-the growth came from abroad.
neilsingh100 wrote:Redman wrote:GORTT is debt loaded and has just sold a Govt debt into a SPV that is capitalized by Equity-primarily RBL- who is out of growing space in its home country-the growth came from abroad.
Do you know RBL is the largest bank in Guyana? Guyana GDP will most likely triple by the end of 2030. By your logic we should sell all equities and bonds. What should UTC, NIB, life insurance companies, credit unions and pensions funds invest in?
Well I listened to the video and the 2 experts were of the opinion that because of the strengths of the companies and their history of paying dividends and the fact that the performance of these companies are likely to improve the risk of default is minimalsMASH wrote:one last posture @pariaman:
why not outright guarantee it via GORTT or central bank? i not saying not to invest, just running through scenarios in my head. this is the last one that needs to be settled. i am quite satisfied by all ur previous assessments
sMASH wrote:one last posit @pariaman:
why not outright guarantee it via GORTT or central bank? i not saying not to invest, just running through scenarios in my head. this is the last one that needs to be settled. i am quite satisfied by all ur previous assessments
I like what you saying Revo analyse your risk ,enter and have an exit strategyRedVEVO wrote:neilsingh100 wrote:Redman wrote:GORTT is debt loaded and has just sold a Govt debt into a SPV that is capitalized by Equity-primarily RBL- who is out of growing space in its home country-the growth came from abroad.
Do you know RBL is the largest bank in Guyana? Guyana GDP will most likely triple by the end of 2030. By your logic we should sell all equities and bonds. What should UTC, NIB, life insurance companies, credit unions and pensions funds invest in?
Redman does not understand investments. No disrespect meant Tuner dude
There are a lot of people ( that I know personally ) that invested heavily in HCU and CLICO.
They did VERY WELL $$$$$ wise . It was a great investment for these people .
Real investors . The ones that understand risk assessment .
You need to know when to cash in ..
And when to cash out .
And not be greedy
NIF is a Bond .
You need to monitor interest rates .
Interest rates go up , yield go down .
And vice versa.
And not be greedy
PariaMan wrote:I like what you saying Revo analyse your risk ,enter and have an exit strategyRedVEVO wrote:neilsingh100 wrote:Redman wrote:GORTT is debt loaded and has just sold a Govt debt into a SPV that is capitalized by Equity-primarily RBL- who is out of growing space in its home country-the growth came from abroad.
Do you know RBL is the largest bank in Guyana? Guyana GDP will most likely triple by the end of 2030. By your logic we should sell all equities and bonds. What should UTC, NIB, life insurance companies, credit unions and pensions funds invest in?
Redman does not understand investments. No disrespect meant Tuner dude
There are a lot of people ( that I know personally ) that invested heavily in HCU and CLICO.
They did VERY WELL $$$$$ wise . It was a great investment for these people .
Real investors . The ones that understand risk assessment .
You need to know when to cash in ..
And when to cash out .
And not be greedy
NIF is a Bond .
You need to monitor interest rates .
Interest rates go up , yield go down .
And vice versa.
And not be greedy
Long before Clico and HCU crashed people in the know knew what was happening and got out
PariaMan wrote:Yep on the button there not arguing with you
neilsingh100 wrote:Redman wrote:GORTT is debt loaded and has just sold a Govt debt into a SPV that is capitalized by Equity-primarily RBL- who is out of growing space in its home country-the growth came from abroad.
Do you know RBL is the largest bank in Guyana? Guyana GDP will most likely triple by the end of 2030. By your logic we should sell all equities and bonds. What should UTC, NIB, life insurance companies, credit unions and pensions funds invest in?
The repo rate is currently at 5% so don't see it reaching 6% anytime soon since CB increased it by 225 basis points from the low of 2.75% since 2014. If you plan to hold the bond to maturity interest rate does not come into play. BTW, nothing was wrong with investing in EFPAs once you understand the risk. You don't get to be wealthy by not taking risk.Redman wrote:What are your expectations for interest rates????
The experts talk about that??
neilsingh100 wrote:The repo rate is currently at 5% so don't see it reaching 6% anytime soon since CB increased it by 225 basis points from the low of 2.75% since 2014. If you plan to hold the bond to maturity interest rate does not come into play. BTW, nothing was wrong with investing in EFPAs once you understand the risk. You don't get to be wealthy by not taking risk.Redman wrote:What are your expectations for interest rates????
The experts talk about that??
It is highly unlikely money market funds or short term treasuries with pay that type of interest anytime soon since there is nothing in the foreseeable future to cause GDP growth at the rate we experienced in the 1992-2007 period. The CBTT is raising rates to to deal with the short term interest rate differential between US and TT dollar treasuries to prevent further outflow of forex. On the long end (15+ years) the differential is not so much of an issue. I think the biggest risk in the short to medium term is the depletion of foreign exchange reserves.Redman wrote:In 2001 money market funds were paying 10%
Now we in the low single digits.
Our interest rate cycle is linked to global rates.
So it's not CBTT that is the issue.
It's not entirely in their control.
Redman wrote:They better not hit 10% any time soon cuz it will mean we in the sheeeit.
I think a couple % points is possible....exogenous events can do that.
That risk is being glossed over in the context of the NIF pitch.
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