Expo 2020 Dubai economy, DFM market

Just what it says - come in for a coffee and a general chat about anything - but remember it's a family show :).

Expo 2020 Dubai economy, DFM market

Postby sharehunk » Fri 04 Oct 2013 19:10

marhaba,

emaar is an awsum investment at the moment...

am 100 percent sure for dubai expo 2020

unfortunately i cannot give my sources for the above info.

inshallah we see emaar @8 soon

play safe
User avatar
sharehunk
horse trader
horse trader
 
Posts: 228
Joined: Sun 27 Jan 2008 08:10

Expo 2020

Postby sam111sam » Fri 04 Oct 2013 20:40

sharehunk wrote:am 100 percent sure for dubai expo 2020

unfortunately i cannot give my sources for the above info.


Don't be so sure . No one knows !

I read a bit about the selection process on the net.

The selection process is not a decision of a small committee that can be influenced like FIFA. It is based on simple open votes form the 135 country reps. Countries reps will go through the final set of presentations from each of the candidate cities by late Oct, the voting date was in

Unlike most events, the decision is NOT based on the city organizational abilities, and infrastructure readiness. But it is more of how will this event help to transform this city.
Dubai's Great infrastructure as compared to the other competing cities , may not help that much here...It may actually work against. There are other factors like contribution of the city to the world (environmental, technology,..)

The Russians are doing a good PR job all over the internet now. I think the voting may show a very close race between the 2 Cities. Thailand is out and Izmir has less chances after the recent unrest in Turkey.

My personal assessment is 60% chance,

Read the Expo202, on Wikipedia, it has very nice links

Anyway, the rule of thumb works most of the time
"Buy on the rumor and Sell on the news"
sam111sam
entrepreneur
entrepreneur
 
Posts: 3778
Joined: Sat 15 Mar 2008 10:54

Re: Expo 2020

Postby MAGANG » Fri 04 Oct 2013 21:00

sam111sam wrote:The selection process is not a decision of a small committee that can be influenced like FIFA. It is ...


Russian has better chance than Dubai

There is nothing confirmed till the last mins.

Dubai has good chance but we have to be careful in case Dubai fails , market will crash

Good luck
MAGANG
mercenary
mercenary
 
Posts: 659
Joined: Sat 05 Apr 2008 17:30
Location: Dubai

Expo 2020 voting decisions

Postby sharewadi » Sat 05 Oct 2013 01:23

sharehunk wrote:am 100 percent sure for dubai expo 2020

unfortunately i cannot give my sources for the above info.

Then it's a meaningless comment, and your claim lowers the value of anything else you have posted or will post.

[source="Bureau International des Expositions FAQs"]How does the BIE choose an application/a city/a country over another?

After having deposited their official request at the BIE by the intermediary of their governments, the candidates for organising an Exhibition are subject to an enquiry mission. The report of the enquiry mission is presented at the General Assembly, which, by a secret vote (each member-state has one vote) chooses a country to grant a date of organising an Expo.

The Member-States reunited in the General Assembly freely decide to grant or not the organisation of an Expo to a country, based on the feasibility of the project as assessed in the report of the enquiry mission.[/source]
So unless you know how each member is going to decide in the secret vote, you cannot be 100% sure.

There are 167 member states of the BIE. Can you list 84 countries for which it is public knowledge that they will definitely vote for Dubai? Or do you have private knowledge of their voting decisions in advance?

Not sure I've understood the voting process to be honest but I think that's how it works.
Please read forum posting guidelines, especially if you have been deactivated.
User avatar
sharewadi
moderator
 
Posts: 14492
Joined: Fri 19 Aug 2005 11:10
Location: up the wadi without a paddle

UAE World Expo 2020

Postby sharewadi » Tue 29 Oct 2013 22:10

Bumping this to remind members there's a dedicated topic about the 2020 Expo host city decision and Dubai coming up this month. There are quite a few Expo 2020 posts being added randomly to other topics. Fair enough since it is a current news topic in the run up to the decision. But it's easier to review past comments if they're mostly in one topic.
Please read forum posting guidelines, especially if you have been deactivated.
User avatar
sharewadi
moderator
 
Posts: 14492
Joined: Fri 19 Aug 2005 11:10
Location: up the wadi without a paddle

EXPO 2020

Postby CPA » Mon 25 Nov 2013 22:40

Hi all - was just wondering what do you guys think of the impact of EXPO 2020 bid, whether Dubai wins the bid or not.

I am tried to do research on the chances and it seems no one can know as the number of people who vote is considerably high. And as there is a chance to win the bid (hopefully!), there is a probability that Dubai loses the bid to Expo.

5 months or so when the UAE and Qatar markets got upgraded, people here were so optimistic about the whole thing expecting 2 days of limit ups - but the reaction was rather just fine and people rationalized that that the upgrade is already factored in. So comparing Expo and MSCI impacts (though different events), we might have the market open the day after the announcement of the win with barely any increase and people would immediately say prices are already adjusted for that event win.

On the flip side, if Dubai loses the bid, things might go wrong and we might see reds / limit downs as the markets have already climbed higher and higher during the year and people are waiting for a trigger (remember syria situation in September?).

I am just confused and need to hear other people to share their thoughts if possible.

After all, I hope Dubai wins the Expo! fingers crossed!
CPA
charletan
charletan
 
Posts: 23
Joined: Thu 01 Jan 2009 17:17

Re: EXPO 2020

Postby ACE » Tue 26 Nov 2013 01:31

CPA wrote:5 months or so when the UAE and Qatar markets got upgraded, people here were so optimistic about the ...


Look it's 2020 means 6 years after the announcement, I personally think we will not get it but I hope and wish so, the market went up 100% so it can't go 200% this year and if we get 2020 the impact will not only be for the market it will reflect other people who works in other business that didn't have chance to make money in the market, so if you are inviting for 2020 wait 6 years and you will get 100% on the current prices, so if we hopefully get it, I will wait the market to correct atleast 50% of its gain (look at the 52week high and the 52 week low) scary for me to even think that I can make 10%
User avatar
ACE
horse trader
horse trader
 
Posts: 185
Joined: Mon 13 May 2013 18:48

Re: EXPO 2020

Postby sirajpatel » Tue 26 Nov 2013 18:27

ACE wrote:Look it's 2020 means 6 years after the announcement, I personally think we will not get it but I hope ...


I feel that Dubai is one of the best candidate for Expo2020 with already huge support from many countries. Lets hope for the best, 2 more days.
sirajpatel
horse trader
horse trader
 
Posts: 118
Joined: Wed 12 Sep 2012 11:51
Location: Abu Dhabi

Re: EXPO 2020

Postby ACE » Tue 26 Nov 2013 22:19

sirajpatel wrote:I feel that Dubai is one of the best candidate for Expo2020 with already huge support from many countries. ...


Tomorrow this time will be either partying or crying hope will party
User avatar
ACE
horse trader
horse trader
 
Posts: 185
Joined: Mon 13 May 2013 18:48

Countdown

Postby danpars » Wed 27 Nov 2013 15:10

My fingers, toes and eyes all crossed
danpars
horse trader
horse trader
 
Posts: 167
Joined: Wed 16 May 2012 19:35

Dubai Leads First Round

Postby girish » Wed 27 Nov 2013 19:18

Dubai leads the first round...a clear win with 77 votes. Brazil is eliminated.

2nd is Russia only 39 votes and 3rd is turkey with 33 votes.


Looks like Dubai all the way...Fingers Crossed
girish
horse trader
horse trader
 
Posts: 231
Joined: Thu 28 Feb 2008 09:03

Its all most done - Dubai All the way

Postby girish » Wed 27 Nov 2013 19:55

Post Second round...Dubai leads .Turkey eliminated.


Now i guess its just a formality...i guess all turkey votes would go in favour of dubai.

Dubai...Dubai...
girish
horse trader
horse trader
 
Posts: 231
Joined: Thu 28 Feb 2008 09:03

Postby tauriantrader » Wed 27 Nov 2013 19:55

Dubai gets 87 votes in Round 2 :D
tauriantrader
charletan
charletan
 
Posts: 10
Joined: Mon 09 Feb 2009 13:22

Postby sirajpatel » Wed 27 Nov 2013 20:11

tauriantrader wrote:Dubai gets 87 votes in Round 2 :D


Almost through :)
sirajpatel
horse trader
horse trader
 
Posts: 118
Joined: Wed 12 Sep 2012 11:51
Location: Abu Dhabi

Why round 3

Postby danpars » Wed 27 Nov 2013 20:11

If Russia get all Izmir's Votes still Dubai wins. What's the point of Round 3
danpars
horse trader
horse trader
 
Posts: 167
Joined: Wed 16 May 2012 19:35

Postby sirajpatel » Wed 27 Nov 2013 20:30

sirajpatel wrote:Almost through :)


Mabrooooooooook
sirajpatel
horse trader
horse trader
 
Posts: 118
Joined: Wed 12 Sep 2012 11:51
Location: Abu Dhabi

Dubai won 2020

Postby tauriantrader » Wed 27 Nov 2013 20:31

Dubai won 2020
tauriantrader
charletan
charletan
 
Posts: 10
Joined: Mon 09 Feb 2009 13:22

Mabrook to all

Postby Cash King » Wed 27 Nov 2013 20:45

Hi Friends,

Mabrook to all. Good Days ahead.

I was very positive from the day first and Dubai deserve it.

Thanks & Regards
Cash King
capitalist
capitalist
 
Posts: 1193
Joined: Wed 25 Feb 2009 06:46

Postby mechatronic86 » Wed 27 Nov 2013 21:35

mabrook to all !
mechatronic86
horse trader
horse trader
 
Posts: 218
Joined: Fri 10 May 2013 12:15
Location: Dubai

Whats Next...!

Postby wisk » Wed 27 Nov 2013 22:16

Dear aLL Fellows,

Mabroooooooooook all on UAE win...

What is next... 2 limit ups,3 straight days, then dives down for January 14 Run... my take :)))) as gamblers (BB) are still out there...
sMiLeS AcRoSS MiLeS
User avatar
wisk
speculator
speculator
 
Posts: 308
Joined: Thu 01 Jan 2009 21:43

10000000000000 Mabrook for Dubai

Postby 7Star Booking » Thu 28 Nov 2013 00:23

Dubai Expo 2020 WOW

long term holding will pay of finally

Hot week ahead Inchallah

All the BEST DUBAI EXPO 2020
User avatar
7Star Booking
horse trader
horse trader
 
Posts: 187
Joined: Tue 08 Jan 2013 19:38

Postby tarekissa2010 » Thu 28 Nov 2013 01:16

Congratulations ... Mabrouk
tarekissa2010
opportunist
opportunist
 
Posts: 47
Joined: Wed 05 May 2010 15:04

Postby sunray » Thu 28 Nov 2013 07:14

Code: Select all
.''.      .        *''*    :_\/_:     .
      :_\/_:   _\(/_  .:.*_\/_*   : /\ :  .'.:.'.
  .''.: /\ :    /)\   ':'* /\ *  : '..'.  -=:o:=-
 :_\/_:'.:::.  | ' *''*    * '.\'/.'_\(/_ '.':'.'
 : /\ : :::::  =  *_\/_*     -= o =- /)\     '  *
  '..'  ':::' === * /\ *     .'/.\'.  ' ._____
      *        |   *..*         :       |.   |' .---"|
        *      |     _           .--'|  ||   | _|    |
        *      |  .-'|       __  |   |  |    ||      |
     .-----.   |  |' |  ||  |  | |   |  |    ||      |
 ___'       ' /"\ |  '-."".    '-'   '-.'    '`      |____

Congrats to Dubai and to all Shareholders in DFM...!

My guess is a limit up today (for 'blue chips') and cooling down after weekend when investor wake up and realize that it is for 2020 Expo not 2014... Life should be back to normal after that until the next good new..
sunray
profiteer
profiteer
 
Posts: 77
Joined: Thu 19 Feb 2009 13:17

Postby burnt_fingers » Thu 28 Nov 2013 08:34

CK !

Cash King wrote: I was very positive from the day first and Dubai deserve it


i vouch for your comment there.

in all the posts, i had seen MSCI support from various others, but expo was somthing that you kept clingging on to.

the way i look at it, is that you were working towards a plan which had significance with this annoucement.

hope it works out for you. all the best :)
burnt_fingers
speculator
speculator
 
Posts: 319
Joined: Wed 22 Feb 2012 15:01

Thanks for the Kind Words

Postby Cash King » Thu 28 Nov 2013 09:05

burnt_fingers wrote:in all the posts, i had seen MSCI support from various others, but expo was somthing that you kept clingging ...


Thanks for the kind words.

I think the major catalyst for the market are over for 2013.

In 2014 I have 4 focus points:

1) Rally - Final Results & Pay out- 1Q 14
2) Rally by Foreign Investors from MSCI before or after May 2014- 2Q 14
3) Rally by Foreign Investors from S&P before or after Sep 2014- 3Q 14
4) Significant Debt payment by Dubai Inc all over the year 2014

I expect that Blue Chip companies of UAE will be double in price in 2014.

So focus more on Blue chips and avoid speculative scripts.

I still recall the Nov 26,2009 when DP world was in hot water and DFM falls like house of cards.

Thanks & Regards to all
Cash King
capitalist
capitalist
 
Posts: 1193
Joined: Wed 25 Feb 2009 06:46

Next

Return to Coffee Lounge

Who is online

Users browsing this forum: No registered users and 0 guests