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godalmightee13

godalmightee13
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  • Will The High Premiums For The PIMCO High Income Fund Continue To Erode? [View article]
    lol. liked that one.
    Sep 16 08:50 PM | Likes Like |Link to Comment
  • My Dividend Growth Portfolio Business Plan [View article]
    Are your KISS system stock purchases going to be made in all markets worldwide or just USA Part time investor??/
    Sep 15 09:50 PM | Likes Like |Link to Comment
  • Want Real Estate Exposure Similar To Realty Income? Buy Tesco [View article]
    Aw well lets see what new ideas the new CE can come up with for Tesco, £2 looks like where the stock is heading after the 8% divi slash. Would be worth having at them levels :-). I have being buying into Card Factory Plc (card) Poundland Plc (NYSEARCA:PLND) BooHoo.com Plc (BOO).
    Aug 30 07:29 AM | Likes Like |Link to Comment
  • Catlin Group: The Insurance Company You Don't Know About [View article]
    And just an idea maybe be compare the 2 against W. Buffet's Berkshires insurance interests, And a idea off the current subject as you 2 are from the UK as I am, have a look at AIM company Ticker:- GVC has served me well over the years. just ideas.
    Aug 16 06:31 PM | Likes Like |Link to Comment
  • EVS Broadcasting Equipment First Quarter 2014 [View article]
    Well EVS may still oblige with a higher share price in time, patience is a hard endurance test. I purchased some CTCM and more INM (Ireland). In the media space.
    I have looked and read a few of the company's mentioned in articles you have written about. and was looking at Fred Olsen the day before your article came out as I was looking at RIG again as well. Umicore & Posco look interesting.
    Aug 16 07:34 AM | 1 Like Like |Link to Comment
  • Signs Of An Approaching Bear Market [View article]
    lol
    Aug 16 07:02 AM | Likes Like |Link to Comment
  • EVS Broadcasting Equipment First Quarter 2014 [View article]
    Aw well you can't win em all ah ;-)
    Aug 15 06:54 PM | Likes Like |Link to Comment
  • Asian Citrus: Ridiculous Irrationality Gives Nice Opportunity To Investors [View article]
    Trading Update - 11 Aug 2014 Asian Citrus Holdings Ltd

    Asian Citrus gives the following update on the financial and operational impact on the Group's Hepu Plantation and Beihai Juice Concentrates factories ("BPG"), of Typhoon Rammasun ("the Typhoon"), as previously announced on 22 July 2014, and separately on the carrying value of BPG.

    The Typhoon, which was the largest typhoon to hit Southern China in 41 years, landed in Guangxi, where our Hepu Plantation and BPG are located, on 19 July 2014. The Typhoon:

    (i) destroyed 221,769 banana trees planted in 2013 in Hepu Plantation, as a result of which there will be no harvest in September 2014;
    (ii) damaged certain farmland infrastructure and machinery and buildings such as windbreaks, greenhouse facilities, high and low voltage wires at Hepu Plantation and BPG; and
    (iii) caused BPG to temporarily suspend activity at two of its production plants, as a result of suspension of electricity supply. Consequently, some inventory including raw material cannot now be used for the purposes for which it was originally acquired.

    Consequently, management currently estimate impairment losses and provisions relating to the damage caused by the Typhoon of approximately RMB36 million to assets will be required in the Group's financial statements for the year ended 30 June 2014 ("FY2014").Accordingly, whilst the board of directors (the "Board") expects turnover for FY2014 to be broadly in line with current market expectations, however, the core net profit# will now be lower than current market expectations.

    Additionally, the Typhoon caused a significant volume of pre-mature fruit drop from existing oranges trees in Hepu Plantation, which will result in decreased production yield in particular for the upcoming winter and summer crops in the financial year of 2015. It is also expected that the impact of the Typhoon will prolong both the susceptibility of the orange trees to citrus canker infection and soil leaching in the plantation areas. The assessment of the net change in fair value of biological assets for FY2014 is still under review; the subsequent effect of the Typhoon will also be taken into account in the assessment.

    The Group's insurance policy does not cover damage from natural disasters and as such there will be no reimbursement of the losses incurred from the Typhoon. The Board will review its insurance cover to ensure it is appropriate going forward.

    Separate to the impact of the Typhoon, the Board expects that a material impairment loss in respect of goodwill (arising initially on the acquisition of BPG in November 2010 for a consideration of approximately HK$2.31 billion (equivalent to approximately RMB1.97 billion)) will be charged to the Group's statement of profit or loss for FY2014, according to a comparison of the carrying value of goodwill as at 30 June 2014 and the recoverable amount assessed based on the current business and operating environment of BPG. The assessment of the impairment testing of goodwill for FY2014 is still under review.

    The Board wishes to emphasise that the change in fair value of biological assets and impairment loss in respect of goodwill are non-operational and do not have any effect on cash flow of the Group.

    The information contained in this announcement is based only on the preliminary assessment of the unaudited management accounts and financial information of the Group for FY2014 and the subsequent effect of the Typhoon damages available to the Board. The audit now being conducted by the auditor of the Company on the management accounts has not yet been completed and the management accounts may still be subject to adjustments.

    The full year results of the Group for FY2014 are expected to be published in September 2014.

    # Core net profit refers to profit/loss for the period excluding change in the carrying value of goodwill, change in the fair value of biological assets and share-based payments.
    Aug 15 06:45 PM | Likes Like |Link to Comment
  • Catlin Group: The Insurance Company You Don't Know About [View article]
    How about Amlin plc (AML) as a comparison
    Aug 15 03:58 PM | Likes Like |Link to Comment
  • Update: Continue To Expect A 7% Dividend And Growth From Admiral [View article]
    Well lets hope ADM keeps growing, 'no rush :-).
    Here's is a company I have held for 5 yrs+ which has rewarded me well:- GVC (FTSE AIM UK), good divi an Quarterly payouts. An idea for you guys who are interested in foreign company
    stocks who are investor friendly with a decent divi over the years and some growth.
    Aug 15 03:48 PM | Likes Like |Link to Comment
  • UBS ETRACS Launches 2X Leveraged Version of Non-Energy MLP ETN Offering Significant Monthly Income Potential [View article]
    interesting
    Aug 6 07:39 PM | Likes Like |Link to Comment
  • Nokia beats by €0.02, misses on revenue [View news story]
    Sounds like a wish ah lol
    Jul 24 06:12 PM | Likes Like |Link to Comment
  • Here's Why You Should Ignore Short-Term Fears About Seadrill [View article]
    An how up to date is the list Chancer? I Would have thought SA would have run an up to date running Article or heading on that subject. Would be extremely helpful. :-/.
    Jul 24 06:09 PM | Likes Like |Link to Comment
  • Nokia's (NOK) CEO Rajeev Suri on Q2 2014 Results - Earnings Call Transcript [View article]
    You forgot the exuberant cheer leaders ;-/
    Jul 24 06:03 PM | 1 Like Like |Link to Comment
  • Xinyuan: A Cheap Housing Stock [View article]
    So the Q is manlio' when is the Chinese RE taboo going to be lifted. Has not happened in 3 years+ in PE terms. :-/. Well my strategy would be to purchase an ride to a 20% profit an sell my initial investment and leave the profit in the game. Then I will have a free ride if XIN does defy my doubts. ;-).
    Jul 24 10:22 AM | Likes Like |Link to Comment
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