I can’t really take credit for this thread, 99% of it was written by mAd_ScIeNtIsT.
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Ok, this is a difficult topic (morally to approach), but does the earthquake represent an opportunity to make money and if so how can we capitalize on it?
Every recent disaster, be it man-made or natural, created an opportunity to make a fast buck without harming anyone. For example, terrorist’s attacks in the USA or in the UK created a temporary stock market depression which the astute investor could have turned a profit from. I personally do regret not buying into the FTSE the day after the July bombings.
In the case of the earthquake, is it already too late, or not? I’m thinking that in the coming months, construction firms particularly with large market presence in Islamabad and India are likely to get a spike in business. Does anyone know the names of any such firms and which stock markets they are listed on?
Are there any other economic sectors that would benefit from the aftermath of the earthquake that should be invested in right now?
earth moving equipment. if you have a helicopter charter company, and you are willing to send your choppers to pakistan, am sure the govt of pakistan can use them..
I know what you are trying to say here (and you are right too, now some of us feel how you felt at that time about that topic), but a bigger thing would have been to just let it pass by.
^ lawajab, i differ from your notion. If you can step up and be able to provide relief in the stricken areas, where the government has been overwhelmed and charge for the services to teh govt or aid agencies, then there's nothing wrong. The bottom line is that people and lives are in dire need to be saved...no matter how..
^ Now now Lajjo. :nono: I dont believe thats an american trait only. Thats just human nature. You fill find people everywhere that will strike at every opportunity to make profit; they’e called entrepeneurs!
UTD’s thread might sound a bit selfish but he does mention making money without harming anyone i.e. without making use of someone’s helplessness. So the moneys really coming from the government or the donated funds etc.
Well reconstruction is something that people need to start thinking of immediately. The people that are living under the open sky at the moment are going to go where?
You are missing my point completely. It’s the lack of logistics and equipment at the moment which otherwise can be made available to save many lives. The aid organizations just can’t muster this alone. It will have to come in the form of contracting to the companies which specifically “deal” in these areas.
If the funds are raised to pay for such services, then it doesn’t matter..
Abdullah, I totally understand what you are saying, but Muslims being Muslims can never think about milking a disaster…Even the big companies that have all the materials and no matter how greedy would have a hard time turning a profit from this tragedy…
Muslims by nature are not capitalists…Don’t know if that’s a good thing or a bad thing…But the earth moving equipment would be one area which comes to mind…
Pakistan has no lack of free manpower to help in disasters, so federal funds towards manpower is of no use…
Apart from that, insurance is literally unheard of in Pakistan, so it’s not like people will start buying natural disaster policies…
I really can’t think what else would be useful both to entrepreneurs and capitalists as well as those affected by this unfortunate trial…
Lajawab - it’s not a matter of “making a profit”. More so, “making it available”. If your livelihood depends on it, and if you make a profit by making it available, then it’s completely legit.
One would like to think out of goodness of nature that people would not charge for services, and you are completely right, that in many cases it may stand true. But we cannot “expect” companies to come forward just out of extending charity.
The priorities should be to find every single damn chopper, bull dozer, excavator, and crane in the region and get to those areas no matter how much it cost..
I doubt anyone other than Ministers can make money in Pakistan by "capitalizing on the situation".... reason? Pakistani government won't be handing out as many contracts, most of the money would already by eaten by our hungry greedy ministers, army. The only way to make money is, setup a fake website for accepting donations and then enjoy your cruise in Caribbean.
The market structure is too different in Pakistan to the USA to allow there to be significant proft potential in the rebuilding. Given how most of the damage in Pakistan was in rural areas, the rebuilding work is likely to be done by the small local companies that are family-owned concerns rather than listed on the stock exchange.
The publically listed companies would probably make the most money from the road-building contracts that will be awarded. UTD, you may want to investigate which companies in Pakistan do the road building.
The safest investment right now will probably be any of Pakistan’s many large cement companies. There is likely to be a massive spike in demand for cement in Pakistan in the very near future.
has no lack of free manpower to help in disasters, so federal funds towards manpower is of no use…