Darspal Mann - Seeking Alpha 'Darspal Mann' Tag RSS Syndication from SeekingAlpha.com SeekingAlpha.com http://seekingalpha.com/author/darspal-mann The Long Case for Capital Source Inc. http://seekingalpha.com/article/87952-the-long-case-for-capital-source-inc?source=feed 87952 Rudyard Kipling wrote “If you can trust yourself when all men doubt you but make allowance for their doubting too,” then you’ll be a man. But that trust shown by early investors in financials has resulted in more of a ‘poorer man’. I believe just as the financial sector goes through typical complete purge by ‘investors’, it’s high time to look at financial company, which is building a financial institution in this turmoil - Capital Source Inc. (CSE).

Capital Source is an almost $3B market cap leading middle market finance company, which was providing loans to SMB (small medium businesses) and especially to healthcare sector. The Company was enjoying REIT status. But now it is changing gears strategically to make good of current lending expertise and acquiring great deposit sources to make itself a good middle market focus bank with a great balance sheet in a market desperately seeking one, which is southern CA. In essence, CSE is bringing together a fund distribution knowledge base with its secure and growing fund raising capability.

]]> Wed, 30 Jul 2008 08:18:56 -0400 Darspal Mann Rudyard Kipling wrote “If you can trust yourself when all men doubt you but make allowance for their doubting too,” then you’ll be a man. But that trust shown by early investors in financials has resulted in more of a ‘poorer man’. I believe just as the financial sector goes through typical complete purge by ‘investors’, it’s high time to look at financial company, which is building a financial institution in this turmoil - Capital Source Inc. (CSE).

Capital Source is an almost $3B market cap leading middle market finance company, which was providing loans to SMB (small medium businesses) and especially to healthcare sector. The Company was enjoying REIT status. But now it is changing gears strategically to make good of current lending expertise and acquiring great deposit sources to make itself a good middle market focus bank with a great balance sheet in a market desperately seeking one, which is southern CA. In essence, CSE is bringing together a fund distribution knowledge base with its secure and growing fund raising capability.


Complete Story »]]> CSE Darspal Mann Yen Outlook: Stronger on Japanese Economy or Weaker on Carry Trade Comeback? http://seekingalpha.com/article/74290-yen-outlook-stronger-on-japanese-economy-or-weaker-on-carry-trade-comeback?source=feed 74290 The Japanese yen has gained close to 12% over the last year, and from June 2007 to March 2008 it gained close to 24% or so going from 125 per US dollar to touching 95 Yen per dollar. The key question is whether it keeps this momentum up, or whether it’s now time to bet against this strength?

Well in my opinion, a big part of this strength can be attributed to:

]]> Sun, 27 Apr 2008 16:02:28 -0400 Darspal Mann The Japanese yen has gained close to 12% over the last year, and from June 2007 to March 2008 it gained close to 24% or so going from 125 per US dollar to touching 95 Yen per dollar. The key question is whether it keeps this momentum up, or whether it’s now time to bet against this strength?

Well in my opinion, a big part of this strength can be attributed to:


Complete Story »]]> FXY Darspal Mann Dry Bulk Shippers: Good to Go http://seekingalpha.com/article/74060-dry-bulk-shippers-good-to-go?source=feed 74060 Bears have hammered the dry bulk sector for last 6+ months, mainly for being:

- At its all time cyclical peak
- Soon to suffer from overcapacity on new ship builds
- Global economy entering into recession
- Bulk freight index decline showing lack of pricing power
- Overlevered

]]> Fri, 25 Apr 2008 07:13:17 -0400 Darspal Mann Bears have hammered the dry bulk sector for last 6+ months, mainly for being:

- At its all time cyclical peak
- Soon to suffer from overcapacity on new ship builds
- Global economy entering into recession
- Bulk freight index decline showing lack of pricing power
- Overlevered


Complete Story »]]> DRYS DSX ESEA SBLK Darspal Mann The Right Way to Look at Netflix Earnings http://seekingalpha.com/article/74061-the-right-way-to-look-at-netflix-earnings?source=feed 74061 If you are bold enough to look beyond the sell side analysis, today might be the day to start looking at NFLX. Now usual spreadsheet churning sell side might be focused on whether company:

  • "Beat and raised" the quarter or was "in-line with consensus"
  • Is spending money on new digitalization of the industry
  • or valuation is at higher end of "our estimates"

But I would look on the sunnier side:

]]> Tue, 22 Apr 2008 17:21:00 -0400 Darspal Mann If you are bold enough to look beyond the sell side analysis, today might be the day to start looking at NFLX. Now usual spreadsheet churning sell side might be focused on whether company:

  • "Beat and raised" the quarter or was "in-line with consensus"
  • Is spending money on new digitalization of the industry
  • or valuation is at higher end of "our estimates"

But I would look on the sunnier side:


Complete Story »]]> NFLX Darspal Mann