You know, these questions you frames a bad time service such a white for acid.

Look, ship your bosses come down.

Just respect existing assets.

Or so you know, it's hard to see what you so story.

Ask each.

You know what?

There is their particular industry.

I would like to your turn with respect to the near term.

Where do you think it works?

You know the man inside.

Just now, issues are short term basis.

That and longer term basis.

I asked you to talk about Just go back to work before or constraints.

Oh, my.

There you are.

One or chemical industries you talk about you about the way are in terms of what you may think that you have to go.

You know, uh, way our overall market.

You know, uh, it was It was primarily Monte baby.

One hope, minus their China.

You thirst for oil.

And particularly in the end, I didn't want to get more.

So we do expect that the next to her house for over a year, this market will love.

But it's almost 80% of your being by this time next year, then market overall both thing York no very, very wear, you know, very wait products.

I say 13 Crusoe.

14 15 times.

What?

What is, uh what is your one?

Those two sectors trade?

You're some access, bigot.

That's actually in very good vision.

Because us just artist exporters.

That's it.

Years.

This is I would say more with later.

Two issues or run of doctors you believe it for so birthday way have combusted location.

Have you always been Especially was for you.

What?

At the same time, you remind me on DDE over the next years so effectively at the same time that Europe will be.

Do you have a structural deficit?

Middle business like the U.

S.

Is turning to What about 1/4?

Have you players American companies.

So with us, are you having What is that you trading.

And secondly, the Alberts restoration is increasing forward in years.

And if anything, So when it comes to the man, especially along for me way, we're seeing a very, very it has been you have seen.

Also, a number of key players in this 1 may be these traitors more.

There will be charges in six months.

So in four year 11 85 pictures.

I don't get it.

You're two days that you have.

So there is a movement.

It goes with the Virgin Mother.

You get the supplies.

I mean, I miss you.

Overtime work.

Over the last couple years, this has been barking the oppressed.

You know, there were about 2095% of existing today goes 10%.

The reason behind that Rogers, for example, the consistent recording sleepers that nation one of 50%.

So one of the two ships.

So where in the world now, where demand is even this year expected Give the order book might be one of my books.

I just collections.

Before I came here, there were 26 million viewers.

Fingers, you did a little number 60 expecting every year.

So the demands of life that makes our black hoods issue.

I think that facing a few months in space well, his weakness in Europe you receive there rebound strong here.

You know, one area unnecessarily public attention container sector.

You know, my Did you You address the same sort of issue supplied a man.

We're the same risk also.

This is an area where you're starting to see more or your orders Placed people dinners supplying.

I think that my wise situation and fortunately no, please.

You inside.

You know what's being many tribes, or they seem to think.

What does it do?

You stay away.

Yeah, but I expect a probably first.

The same is it.

Thank you.

Time was Seems I think you're gonna take You think?

I think so.

Sure.

All of us, You know, I was You take change.

Confirms used to spend more.

No.

Okay, I say I could go.

No, Michael.

Dr.

This is a this road, Tom Industry, particularly with downturns.

And you You still have a size order book?

Certainly, man.

Why don't you, uh why don't you address?

You know, sort of caves?

Steel side, the other address?

Of course.

So you're still you?

Maybe we'll get some.

Well, I said begin.

The supply side is similar.

He's 20%.

20% skewed towards the life sciences way anymore.

Smarter orders.

Well, we're having a negative growth.

Yes, that's it.

The problem with Dr Barchi is the You know what?

So I think medium short, I am pessimistic.

I think already weak environment in the next quarter maybe worse, less We also wait speaking this year unless for the people So the mind continuing my maybe my way China, the majority of this country yet you know.

But I have a guest once they these investments, my using, he knows reports.

So that case, I think they will business with many ways Underestimate So over very positive.

It's gonna take some time before the new you coordination that no time to see if there wasn't a market.

I worry down side is that they speak.

The question is how my last when she gets connection, you know, to change again.

Supplying the wells against seawaters I also think it's a very good thing this kiss this would have you are remain not much.

You look great.

As you know, over a patient.

We need to be basis, right?

Is that right?

That's why you see it's used.

Yeah.

Yes, we're about Thank you.

That's how about you, China Way, kid.

With pace.

And this room is no prices and the Indians way.

So I see morning keeps I said you have any concern?

Other times a gas proof response.

Certainly not next year or two, 34 years out.

What activity.

So be it, Wade.

All right.

When you look shooting clearly demand, period.

I don't think Dr One Word changes products because servant well, ward Chinese starts to create someone I can even sure.

Producer.

So instead of putting things, containers, shipping toe places like that, they're actually trains horse country, demographically, By first light, we have start to see products.

So you still have tray, But it changes our such you don't have.

You don't have time increases, Julie Sustained which say, decade, very much.

20.

They're huge.

How do you look out Because of the world?

What we've seen in the last decade and what happened is not going to say was huh?

The question is maturation of the I'm trying negative in there, I guess.

Theoretically, on meeting me a report, just say I got the anyone change gears you're going to see Continue.

Yeah, right.

Reasons from that's obviously what?

But that's a The race is heard GDP per capita in China Quick, we are today, which is Think point take away.

Yes, the Chinese economy wait for me tournament.

But it's a pretty big go before I shouldn't like Good morning.

I think What about the implantable turned technique.

Clearly battery power source.

Right now, I'm forced to work quite well.

Time costs does.

It's, uh, story.

Cassidy, get something that you know, Marina.

Because which is your goal?

Yes, you.

So what does that do?

Is that a real body stages?

It's still it's still the right of having the Chinese economy.

I think that they have the entire life solar technology.

I think this point is it's probably way over.

I think they're just like I think it could be your future.

It doesn't know where to go.

I think there it is a question for you working, working in as you know more about which deals were happening, which than any everything.

So take us through the financing.

It's been a year, Yeah, racing, you know, So the thank you.

But they were courage.

All right?

I think this really is was 16 years.

All right?

It's wrong.

Tell me.

Wait.

No.

Okay.

Do you think I think you know thing?

What?

Thank you.

Great.

Hey, wait.

So sort of saying a question for you?

Probably the person panels, That's all.

What's the, uh, what's one said, What's a catalyst?

That's one of the three dressed, You know, I was gonna make people wake up on my side, so I really need to be in the near term.

Yeah, I see you there.

You wait here.

Right?

I think.

You what?

No, thank you.

Here.

Well, it would be program of getting people back to work.

Wrong.

All right.

One year.

Yeah, but Georgia feel free.

David, This you?

Yes, it was.

What?

This one?

Yeah.

We continue to not have any deals.

The shipping industry has become more world people talking to.

So yeah, that were the client each year.

So I'm not sure that politics is one of the things we're seeing.

ISS, we've seen it really increase in the incoming call to both our equity desk are private.

I think what we're starting to see is that believing that you have our mystery brought down upside scenario.

Look at returns you pretty good.

We're between people.

Believe it.

Great and worth more than accept if you survive so you can buy into a company property structure, right?

Contract exit doesn't have issues.

That's something that makes us We're seeing surprising You busy the increase in private equity this report into the industry.

Everybody re straight wins, obviously.

And, you know, they were pretty well what's happening.

So, you know, I think that there's but remember our senses.

You will wait.

What hasn't is a consensus of way.

Turn around us.

We're talking about here, but you're starting my senses.

It seems like we're thinking in 18 to 24 months.

If you're perhaps you're asserting unless so, why don't we try to keep on schedule for you.

So why don't we ask her some questions from the audience?

Yes.

It's good shit.

He's gonna charge you for this, Michael.

Standard new building.

Commissions about points.

Well, I see me.

I did not see they represent.

We are.

It's nothing again.

I can only tell you what it is.

Hi.

Okay.

You know, my for or against waning.

Wait for it.

I happen to live and be very happy.

Really?

As you know, protectionism is green trade.

I think it is a greater risk.

What's your next two years?

Yeah, I think that's something that is gonna be really tough.

You're seeing increased Bella constantly from different countries.

Particularly thanks, friend Mr Rami about other countries, and, uh, you know, you're obviously it's an issue that you have place with.

No, but I think you're gonna You're gonna hear you.

You know, I think it's something that is that is an issue.

Yeah.

You know, fire.