Plate/GCGC - Weekly News Letter - 9/27/23 - 4th Quarter 2023

October 1st is the start of 4th Quarter 2023, as I am happy to report all is still good at Plate/GCGC, etc. Rates are still 2-4.5%, etc.

Google says: Looking ahead, analysts expect (year-over-year) earnings growth of 8.2% for Q4 2023. For CY 2023, analysts predict (year-over-year) earnings growth of 1.1%. For CY 2024, analysts are calling for (year-over-year) earnings growth of 12.2%.

Investopedia Says: With most of the S&P 500 companies having reported third quarter earnings, analysts are now training their sights on fourth quarter profits and 2023 expectations.

Companies accounting for roughly 90% of the S&P 500’s market capitalization have reported so far, with third quarter earnings beating analyst expectations by about 3%, a relatively low figure. Now analysts are projecting that fourth quarter earnings will decline for the first time in two years as rising interest rates and slowing growth dampen the outlook for profits.

Estimates have been falling for 2023 quarters as well. Goldman Sachs recently cut its 2023 S&P 500 earnings per share (EPS) growth forecast to zero, citing weakening profit margins. Stocks have seen EPS forecasts fall by 15% in the past six months, according to FactSet.

For the fourth quarter, analysts are forecasting a 0.4% fall in year-over-year earnings for S&P 500 companies, according to IBES data. That compares with a 5.8% increase forecast on Oct. 1.

The last time there was a quarterly decline in S&P 500 earnings was in the third quarter of 2020, when companies were reeling from the onset of the COVID-19 pandemic.

https://www.investopedia.com/q4-2023-earnings-estimates-begin-to-fall-6831342

At Plate/GCGC we continue to move forward as usual.

Plate Company's financial partner is an institution that owns 30 banks that mandated us as their official representative (Underwriter). We handle everything from start to finish for them such as intake, pre underwriting, onsite visit & due diligence, underwriting, closing, funding, loan monitoring, auditing, servicing, etc. The mandate is a contract/license they issued us to do this work for them. We are not a broker, capital is in place, and are the funding.

Currently I am looking to intake these types of projects listed below to fund from 20M USD to 100B USD

Crude Oil Refinery Projects () Oil & Gas Wells Projects () Offshore Oil Rigs () Pipeline Projects () Oil Storage Tanks Projects () Oil & Gas Terminal Projects () Gas Station & Petroleum Stations Projects () Renewable Energy Projects () Solar Power Plant Projects () Wind Power Plant Projects () Hydro Electric Power Projects () Nuclear Power Plant Projects () Mining Projects () Buying Aircraft's () Aviation Industry Projects () Aerospace Industry Projects () Airport Projects () Railway Transportation Projects () Road Projects () Commercial Building Projects () Housing Development Projects () Smart City Projects () Hotel Projects () Resorts Projects () Man-Made Islands () Healthcare Projects () Industrial Factories Projects () Water Park Projects () Sports Center Projects () Some acquisitions, refi - recap deals that are very strong and make sense