It's quite difficult to ascertain the real hits on earnings, as a lot will depend on how fast the government is to implement the new price mechanism, and how high oil prices will go from here.
More Quotes from Mark Mobius:
Both countries are equally attractive, it just really depends on which stocks you'd buy and what industry you're in.Mark Mobius
Shareholder activism is not a privilege - it is a right and a responsibility. When we invest in a company, we own part of that company and we are partly responsible for how that company progresses. If we believe there is something going wrong with the company, then we, as shareholders, must become active and vocal.
Mark Mobius
We were investing at this terrible time when emerging markets were all going down, some by 90-odd percent, and we are now benefiting from that, ... You had one crisis after another. You had Russia, Brazil, Thailand. We were investing in all of them.
Mark Mobius
We were excited about Hong Kong two years ago and we put a lot of money there. Now we're more cautious because we're finding better bargains elsewhere. Quite frankly, we're investing in China.
Mark Mobius
One of the problems in Latin America is that the growth rate in the economies has not been as fast as in Asia. The reason for that is the governments' policies.
Mark Mobius
The worst risk would be the politicization of the citizens in Hong Kong, where they become active politically and begin to demonstrate and oppose policies on the mainland,
Mark Mobius
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Tom DeLay
It was very difficult to startle or surprise someone with a particular sound during the family computer era.
Nobuo Uematsu
If he had listened to some of his advisors and had tried to make the Marshall Plan a political dumping ground for unqualified politicians, it couldn't have been a success.
Paul Hoffman