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Once more the time is here to drop in on Neopia's leading economic experts.
Joining our hosts today will be Hans Usul of The Kacheek Fund, who will be here
to talk about the many bargains which are now available on the market. Hans
will also be here discussing ways in which to take advantage of some of the
prevailing Neodaq trends of recent months. And now, here are Neil and Maria…
KAUVUTO: Hello and welcome to this week's edition of The Neo-Market Report.
I am your host Neil Kauvuto, and as always I am joined by my co-host Maria Blumaroono,
who is reporting live from The News Desk with all the latest developments from
the floor. Maria, what's the word on The Street?
BLUMAROONO: Well Neil, the market is really down, with the Neodaq reaching
a miserable seventy-one, twenty-three points lower than last week. A number
of Tech Stocks are continuing to take some serious hits. Leading the way is
Techrobatics Fitness Videos, which plummeted a whopping 334 NPs a share this
week after word that sales for the first quarter of year three came in lower
than expected. Other Tech Stocks feeling the bite of this Bear Market include
Cybun Electromatics, whose thirty-eight point gain from last week was wiped
out by this week's 193 point drop, and Neopian TV Channel One, which fell for
the sixth straight week with a 164 NP a share collapse. In fact, since March
2nd NTV1 has lost over ninety percent of their value, with the end to their
sudden demise nowhere in sight.
KAUVUTO: However, for every company which has fallen on hard times, there appears
to be a smaller company which managed to continue making positive strides. Among
those stemming the tide of the recent depression is Mynci Banana Imports, which
has benefited from the sudden popularity of bananas in Tyrannia. Apparently,
due to the great popularity and relative scarcity of Tyrannia's own Tri-Nana,
Mynci Imports has been able to make a bundle by shipping bananas into Tyrannia.
Other companies that have shown recent profits include Kau-Kau Farm, whose recent
successful debut of a line of milkshakes has resulted in an eleven-point jump
in their share value, and surprisingly enough, battered Tech Stock Yippee! showed
signs of life with an impressive nineteen point gain.
BLUMAROONO: Well, given the market's current meager state, today's guest will
give us an idea of how to make this Bearish climate work for you. Joining us
is our good friend Hans Usul of The Kacheek Fund. Hans, glad to have you back
on The Neo-Market Report.
HANS: I'm glad to be Maria… Neil.
BLUMAROONO: Now, as you know, the market is in absolute shambles. I personally
can't remember the last time the Neodaq was this low. Tech Stocks that dominated
the market three or four months ago now have almost nothing to show for the millions
that they spent on marketing, and their prices continue dropping with no end in sight.
Can you honestly say that now is a good time to buy?
HANS: Absolutely. Everybody always says "buy low, sell high." It's the oldest
rule in the book. I'm here to tell you folks, it's not going to get much lower
than this. I mean, we're seeing companies… good solid companies like Chia Steel
for 53 NPs a share, Kacheek Telecomm at 37 NPs a share. I think that, three
months ago, a company like Kacheek Telecomm wasn't worth the sixty or seventy
thousand Neopoints a share that it was going for, but then again I'd be the
first guy to stand here today tell you that, at 37 NPs a share, Kacheek Telecomm
is an absolute steal.
KAUVUTO: A number of investors have chosen to put their money in smaller companies
with records that indicate stability and gradual growth. What is your opinion
regarding the sudden popularity of stocks like Kau-Kau Farm and Breadmaster
Bakeries?
HANS: I would have to say that my concern would be the fact that, when you're
dealing with newer companies, you're swimming in uncharted waters…these companies
don't have a track record that can show you how they're going to perform. A
perfect example of this is Jacko and Sons. They started out as a tiny company
that became massive seemingly overnight. However, when push came to shove in
early March, the inexperience of their management showed, and Jacko and Sons
began a downward spiral that they have yet to come out of.
BLUMAROONO: Well, that's going to do it for us this week. For Neil Kauvuto
and Hans Usul, this is Maria Blumaroono saying thank you and so long.
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