Rio Tinto Could Jump $10 Higher By 2013 [View article]
YO bigazul, RIO will lose big time with its iron ore deals with China as China will pull back from its commitments to building hig risers and steel for smaller real estate manufacturing. China GDP to fall by 5-6 percent over this year and 2013. This will be reflected in RIO losing pricing deals and income.
YO Cam, right on the money especially regarding Aussie land and iron ore exports to China. Also, what about all those investors who are backing IVN and RIO in Mongolia, I think they are in for a big surprise, too. Keep up the good work!
Correlations Are Broken But Australian Dollar Still Leads The S&P 500 [View article]
As goes commodities, goes the Aussie dollar, and China's Yuan is not too far behind. The Chinese inventory of Aussie iron ore, and copper is a key ingredient ti watch in the FXA and other economic developments, especially the present Aussie government's tax on the major commodity players in Aussie land which is also affecting general countrywide incomes and capital gains. The FXA is not the same as it was in the late spring and early summer of 2008 when commodities off their cliff dive rebounded and became a income machine for the government. However,present leadership appears anti commodity giants such as BHP and RIO. The FXA will continue to be dogged by absurd tax schemes and the AUD will continue to fall.
General Cable (BGC) agrees to acquire Alcan Cable, the wire and cable business of Rio Tinto (RIO), for $185M in cash. BGC says it expects to use its revolving credit facility to principally fund the transaction. BGC +0.7%, RIO +1.9% premarket. [View news story]
We continue to buy RIO and buy BGC as a binary stock to RIO.
I agree with the valuation, it's very similar to our valuation and we have been buying RIO since May of 2008. The issue for me buying RIO is all the BS about Mongolia. I can't imagine that RIO would alienate stock owners to the extent thst they mishandled Australian politcs. However, stockholders can't be stuck holding the bag as RIO tries to deal with Chinese and former Russian interests in Mongolia, especially regarding infrastructure costs. The latest deal with BGC has the taint of a RIO capitulation.
BP Still Cheap 2 Years After Gulf Spill [View article]
Maybe it's a question of esthetics when it comes to valuing BP's numbers. However, the scale of BP's business is mighty to behold and should do well in the North Sea and off the coast of Brazil.
BP: Why You Should Look Elsewhere In The Oil Sector To Put Your Money [View article]
Yes BP is undervalued especially when one reviews BP's working the North Sea Shelf area in waters that are extemely harsh and dangerous and they are drilling and pumping oil and nat gas even at below market long term rates. But is this the best use of BP's resources? This is where the rubber hits the road.
I would like to add that your case would be better understood and perhaps proven, if you would show how the outside shocks to supply and demand would affect regional producers.
5 Stocks Investors Are Buying Like Crazy [View article]
What I don't see is what investors are buying in non-Western markets.The failure to understand that there are markets other than in the US, London and europe is a real failure in your title and your observations. Think about markets and stocks in Israel, Korea, Japan and especially China, or have you bought the WallStreet dogma that only the US sector is worth investing in. Remember, china's growth and determination will out perform on a world GDP basis the US within the next decade. What you have to do is spend some time finding out these important stocks on your own and not from someone's list, but dig in and you'll find the diamond's in the rough as I have. It helps to have an independent spirit and the ability to look into the future a bit especially when it comes to the "third Industrial Revolution" that is going on around the world but not in the US, UK, France or Germany, former home of the second Industrial revolution.Keep your eyes open and your powder dry.
What you are missing is that instead of Graham style valuations, all you need to know is the autoregression on price. the best way to do this is with Bolinger Bands and price distributions around the right tail. The reference to "shocks" is that there are regional price shocks that are related to international price shocks and once you know this you can determine the regional percentage shocks impact on the stock up or down (think of oil, for example). We rely on the mathematics to give us a better view of change in pricing, valuation models can't give you the percentage shock or response to changes in the regional and international environment.
YO Jase Jun! given your bias toward the so-called "value investor" style portfolio, why do you own NINE? In my estimation, it does not fit the typical pattern for a value investor and especially a Graham inspired investor at that!I have bought NINE but on a completely different basis namely on the transmission of international shocks to the domestic economy. We hypothesize that such separation is important for identifying shocks that are common across the world and shocks thar are region specific, affecting in particular small open economies that trade within a certain geographicql area. In this way it is not important to apply valuation techniques but rather we estimate a three block FAVAR model with separate world, regional and domestic blocks. this gives us findings on the business cycle which includes regional factors in small open, regional economies. NINE fits rather well and we are making money. ACEMAN, at Cafe Cortona ,San Ramon
The Bakken Update: Small Caps, Part VI [View article]
Not at all. It is the technology I'm referring to, namely the LHD Latereral Hydraulic Drilling that SSN brought from Australia to the Bakken and etc. The very same technology is being used in Southwest China for oil recovery purposes.
The Bakken Update: Small Caps, Part VI [View article]
We continue to buy SSN because of its future in oil and gas recovery from old wells in east Texas, the gulf coast, Oklahoma and Kansas where SSN's technology and drilling skills are paramount.I was an original buyer of SSN at .56 USD and at today's prices feel the stock is at a major discount. We are also looking at Chinese companies with similar characteristics and oil and gas recovery systems, notably CTESY.Happy hunting!
Rio Tinto Could Jump $10 Higher By 2013 [View article]
ACEMAN, Cafe Mazerine, Paris.
Focus On China, Not Europe [View article]
Keep up the good work!
ACEMAN, cafe Mazarine, Paris.
Correlations Are Broken But Australian Dollar Still Leads The S&P 500 [View article]
ACEMAN, Cafe Maubillion, Paris
Rio Tinto's Key Asset Locations Will Boost Your Retirement Portfolio [View article]
ACEMAN, Cafe Maubillon, Paris.
General Cable (BGC) agrees to acquire Alcan Cable, the wire and cable business of Rio Tinto (RIO), for $185M in cash. BGC says it expects to use its revolving credit facility to principally fund the transaction. BGC +0.7%, RIO +1.9% premarket. [View news story]
ACEMAN, Cafe Maubillon, Paris.
Rio Tinto Is Highly Undervalued [View article]
ACEMAN Cafe des Invalides, Paris. ACEMAN
BP Still Cheap 2 Years After Gulf Spill [View article]
ACEMAN, Cafe Mazerin, Paris
BP: Why You Should Look Elsewhere In The Oil Sector To Put Your Money [View article]
ACEMAN, Cafe Cortona, Paris
Time To Ride The Commodity Bull [View article]
ACEMAN
5 Stocks Investors Are Buying Like Crazy [View article]
ACEMAN, Paris, France le 9th.
5 Great Picks That Could Double In 2012 [View article]
ACEMAN. Cafe Cortona, Paris, France
OSV Model Portfolio: Q1 Results [View article]
ACEMAN cafe Maubillon, Paris, France
OSV Model Portfolio: Q1 Results [View article]
given your bias toward the so-called "value investor" style portfolio, why do you own NINE? In my estimation, it does not fit the typical pattern for a value investor and especially a Graham inspired investor at that!I have bought NINE but on a completely different basis namely on the transmission of international shocks to the domestic economy. We hypothesize that such separation is important for identifying shocks that are common across the world and shocks thar are region specific, affecting in particular small open economies that trade within a certain geographicql area. In this way it is not important to apply valuation techniques but rather we estimate a three block FAVAR model with separate world, regional and domestic blocks. this gives us findings on the business cycle which includes regional factors in small open, regional economies. NINE fits rather well and we are making money.
ACEMAN, at Cafe Cortona ,San Ramon
The Bakken Update: Small Caps, Part VI [View article]
ACEMAN
The Bakken Update: Small Caps, Part VI [View article]
ACEMAN, Rue de buci, Paris, France