PebHmong Discussion Forum

Life & Living => Money & Investment => Topic started by: floaty on August 12, 2020, 12:44:34 AM

Title: Cemex
Post by: floaty on August 12, 2020, 12:44:34 AM

My friend talks highly of this. She states that it's expected to have good return/dividends. What are your thoughts?

Per share, we are looking at average $3.

Title: Re: Cemex
Post by: hmgROCK on August 12, 2020, 07:56:13 AM

Quote from: floaty on August 12, 2020, 12:44:34 AM

My friend talks highly of this. She states that it's expected to have good return/dividends. What are your thoughts?

Per share, we are looking at average $3.

that company is part of the homebuilder/reit/etc... sector
they run in BOOM and BUST cycle

1. when the economy is doing good= people buy home=people built more home to be purchase
2. when the economy is doing bad= people stop buying home= people built less home

i won't touch it man
once them eviction protection get lift
people going have to backpay 4-5 month of rent/mortgage
going see alot of foreclosure home hit the market, lots of houses