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SivBum

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  • Jobs up 173K in August; UE rate drops to 5.1% [View news story]
    5.1% and data in line after revisions ... main street is not on life support as 2008/2009. time to end the doom's day ZIRP that has devastated savers for 7 long years.
    Sep 4, 2015. 09:00 AM | 2 Likes Like |Link to Comment
  • Goldman: Industrial growth engine "choked" [View news story]
    Among the poorest in a decade? It does not say much relative to the 2007-2009 meltdown.
    Sep 3, 2015. 03:16 PM | Likes Like |Link to Comment
  • At the open [View news story]
    ???? thank goodness I have other sources.
    Sep 3, 2015. 09:37 AM | Likes Like |Link to Comment
  • Agilent Technologies No Longer to Include Orders in Financial Reporting [View article]
    Are they or have they done away with backlog already? While the data may be adverse if competitors are able to dissect against their own, they will find the information via other channels if worthwhile.
    Sep 3, 2015. 09:10 AM | Likes Like |Link to Comment
  • At the close [View news story]
    Hiccup in SA's database again.

    Anyway, S&P off 6.28% for the month; could have been a bloodbath if not for a huge energy sector rebound.. Worst red August since 2001. Volatility is back as in the go-go 90's:

    2013 -3.34%
    2011 -5.70%
    2010 -5.25%
    2005 -1.12%
    2001 -6.41%
    1999 -0.63%
    1998 -14.58%
    1997 -5.74%
    1995 -0.03%
    1992 -2.40%
    1990 -9.43%
    1988 -3.86%
    1985 -1.20%
    1981 -6.21%
    Aug 31, 2015. 04:10 PM | 1 Like Like |Link to Comment
  • Corporate Profits In Q2 Set Another Record [View article]
    Tons of data has indicated that majority of the S&P profit were from a handful of tech companies like Apple, Google and Facebook, all from my neck of the woods. The rest were all from share buybacks. It has been so for a couple of years already.
    Aug 30, 2015. 10:07 AM | Likes Like |Link to Comment
  • Vringo Receives Support In Fight Against Google [View article]
    Are you nuts?

    Vringo, Inc. (VRNG) - NASDAQ
    $0.59 -0.02 (-3.36%)
    4:00 PM, 08/28
    Aug 30, 2015. 10:02 AM | 1 Like Like |Link to Comment
  • Felix Zulauf: Bottom isn't in yet [View news story]
    onion,

    It is the other way around. Brazil **, Russia (sanctions & oil) and Europe econ problems had begun since 2013, long before China's.

    ** IN THE past few years Brazil’s economy has disappointed. It grew by 2.2% a year, on average, during President Dilma Rousseff’s first term in office in 2011-­14, a slower rate of growth than in most of its neighbours, let alone in places like China or India. Last year GDP barely grew at all. It contracted by 1.6% in the first quarter, compared to the same period last year, and is expected to shrink by as much as 2% in 2015. Household consumption registered the first drop, year-on-year, since Ms Rousseff’s left-wing Workers’ Party (PT) came to power in 2003.

    http://tinyurl.com/ozn...
    Aug 29, 2015. 10:09 AM | 3 Likes Like |Link to Comment
  • Fischer: Sept. move less likely, but hikes are coming [View news story]
    When has Fed's mandate include market performance or volatility? How about the length of those mini-skirts?
    Aug 28, 2015. 03:39 PM | 1 Like Like |Link to Comment
  • NQ Mobile: Does The FL Mobile Sale Valuation Actually Make Sense? [View article]
    biko,

    The fact that shares are at $4'ish has likely taken this into account: fat chance that US investors would see a cash distribution from NQ.

    My sense is that the two new deals are bonafide. After that, the remaining NQ may R-IPO with Tiori and become a HK stock.

    But who cares ... by shareholders, they are the controlling interests behind the company. Not you or I or Morgan Stanley China.
    Aug 28, 2015. 12:26 PM | Likes Like |Link to Comment
  • NQ Mobile: Does The FL Mobile Sale Valuation Actually Make Sense? [View article]
    MW,

    I was just asking. And as you know my sentiment on this name. I believed that the last NQ management were dunces and glad to see their mug shots removed from the NQ web pages.

    I too have the same questions you raised for the current management and not happy with the CC. Personally, it explains why shares are trading at $4.28 rtq and not anywhere close to the projected market value if and when the asset sales are complete.

    Good luck.
    Aug 28, 2015. 12:20 PM | 1 Like Like |Link to Comment
  • NQ Mobile: Does The FL Mobile Sale Valuation Actually Make Sense? [View article]
    biko,

    Fair enough. So, you are saying that the two deals announced are of bad faith to begin with; and that those top and bottom lines in the most recent EA were without an ounce of truth?
    Aug 28, 2015. 10:48 AM | Likes Like |Link to Comment
  • NQ Mobile: Does The FL Mobile Sale Valuation Actually Make Sense? [View article]
    biko,

    The old rotten and/or clueless international management team was purged. The company with its new administrators and thousands of employees are trying to maintain and grow a business. Why do you or anyone want to snuff out their efforts and destroy their livelihood instead of at the very least give them a chance?
    Aug 28, 2015. 09:41 AM | 1 Like Like |Link to Comment
  • NQ Mobile: Does The FL Mobile Sale Valuation Actually Make Sense? [View article]
    Titan and qrc,

    The verdict is still out with NQ, but the rest were bad calls, bad as Bill Ackmon on Herbalife.

    While Carson did not call pwrd and AMT going to zero, he did swore on his short and significantly lower price targets. Lastly, as I had said numerous times before, I could have dug into any P&L and found shadiness and rosy assumptions, especially with young new growth companies.
    Aug 28, 2015. 09:10 AM | Likes Like |Link to Comment
  • NQ Mobile: Does The FL Mobile Sale Valuation Actually Make Sense? [View article]
    To author,

    In the CC, mathison might have anticipated the evaluation query. He explained:

    Let me provide an update on our FL Mobile game publishing business. As a reminder, one of the key strengths in our FL Mobile franchise is that our gamers are much more mid to hardcore gamers as opposed to many of our competitors that are focused more on the light and casual gamers. This helps our games have a relatively longer lifecycle than is normal in our industry.

    FL Mobile is also very diversified. The pipeline of games is very strong as we have launched several new games in the second quarter. But all of these launches were late in the quarter and therefore did not contribute much. However, this provides the basis for a stronger second half of this year and accelerating growth from here.

    Lastly, CMGE, another fraud alert issued by Carson and friends, was delisted 10 after its MBO consummated on Aug 10. If NQ's divestment of FL mobile is successful, Carson most recent shorts would be batting zero for 9:

    1) FOCUS MEDIA HOLDINGS
    2) SPREADTRUM COMMUNICATIONS
    3) QIHOO 360
    4) FUSHI COPPERWELD
    5) NEW ORIENTAL AND TECHNOLOGY GROUP
    6) OLAM INTERNATIONAL
    7) NQ --- TBD
    8) AMERICAN TOWER CORPORATION
    9) CMGE mbo completed on 8/10
    Aug 27, 2015. 08:19 PM | 3 Likes Like |Link to Comment
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