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If You Had Bought Capital Finance Holdings (HKG:8239) Stock Five Years Ago, You’d Be Sitting On A 85% Loss, Today

Capital Finance Holdings Limited (HKG:8239) shareholders should be happy to see the share price up 13% in the last quarter. But will that repair the damage for the weary investors who have owned this stock as it declined over half a decade? Probably not. Indeed, the share price is down a whopping 85% in that time. It’s true that the recent bounce could signal the company is turning over a new leaf, but we are not so sure. The important question is if the business itself justifies a higher share price in the long term.

We really feel for shareholders in this scenario. It’s a good reminder of the importance of diversification, and it’s worth keeping in mind there’s more to life than money, anyway.

The landscape may have changed, but the purpose of finance remains the same – CityAM

Like many of those working in the industry at that time, I didn’t foresee the hurricane that was about to hit in the shape of what we now refer to as the global financial crisis.

This was, of course, merely the beginning of a period of challenges, transformation and reinvention, much of which is still underway.

A little over a decade on, I now head up TheCityUK, an organisation born out of those same storms, founded to convene the collective voice of the many sectors across the financial industry. Our aim today remains fundamentally the same as it was then: to champion and support the success of the financial and related professional services ecosystem.

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Goldman Sachs: These 2 Stocks Are Poised to Surge by at Least 20%

Let’s start with some good news – according to Goldman Sachs’ chief global equity strategist Peter Oppenheimer, 2020 will see a continuation of last year’s surge. Oppenheimer believes 2019’s bull run was down to valuation expansion. If the history books are anything to go by, then 2020 will see a repeat of the trend.

“Years of strong valuation expansion are generally followed by positive returns in the equity market, although typically at a slower pace. Moderate profit growth this year and higher starting multiples point to total returns in the high single digits for the asset class globally in 2020,” Oppenheimer noted.

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