Seeking Alpha


Send Message
View as an RSS Feed
Latest  |  Highest rated
  • Can They Spare A Penny A Click For International Coverage? [View instapost]
    I support Jon's bid for Seeking Alpha to include international markets. Even living in Hong Kong and having visitied Mongolia twice, the model to support such detail frontier research needs to be reviewed.
    Nov 17, 2012. 09:19 AM | 5 Likes Like |Link to Comment
  • Mongolia Weekly Update Archives 05: April 6 To June 28, 2012 [View instapost]
    Jon, I was wondering if you are already familiar with the new trading procedures on MSE which had a soft launch these days (press releases on MSE do not carry a date stamp)? The move is from T+0 to T+3 but it seems that also a clearing bank needs to be involved by the brokers and a contribution to a guarantee fund needs to be placed. Seems like trading on MSE is almost zero as only 5 brokers are qualified yet. I am not sure yet if the current procedure (sending money to your MSCHCD account & trade via order to broker) is affected (which would be probably rather negative/ less convenient). Thanks.
    Jul 4, 2012. 01:03 PM | 1 Like Like |Link to Comment
  • Phnom Penh Water Supply Authority-The Second Coming Of Manila Water?  [View instapost]
    I did not find yet the regulation itself on National Bank of Cambodia's website (= the central bank) but I assume from browsing through the webpages of the registered banks in Cambodia ( that an account opening which seems to be essential to settle stock trades is not possible for non-residents. I saw such a requirement on ANZ Royal's (the only proper foreign-run bank in Cambodia with very good services according to my colleagues in Cambodia) website under the relevant section ( "* Non-Cambodian citizens must show further Identification: proof of residency, as well as employment contract or business license." Please let me know if something different is possible after your investgations. Btw, many banks do not have internet banking whereas ANZ is online.
    Apr 3, 2012. 11:38 AM | Likes Like |Link to Comment
  • Mongolia: Why And How To Invest With Brokerages In Mongolia [View instapost]
    Very much appreciated, Jon. Thank you.This is very detailed and ggod background info.
    Mar 27, 2012. 09:37 AM | 1 Like Like |Link to Comment
  • Mongolia: Why And How To Invest With Brokerages In Mongolia [View instapost]
    Thank you for the tax hint, Jon. I overlooked that one. Actually, from the large international banks only ING (research analyst Tim Condon) follows the MNT once for a while with some macro view on it. Otherwise, nothing. ING is obviously also one of the largest onshore investors into the MNT government bonds.
    My experience with Monet is quite good. Their young Analyst Ms. Chuluuntsetseg is very motivated and happy to explain you things but also to listen. I find the daily clippings from Oliver also quite helpful. Stefan
    Mar 22, 2012. 09:43 AM | 2 Likes Like |Link to Comment
  • Mongolia: Why And How To Invest With Brokerages In Mongolia [View instapost]
    Hi Jon, it is quite amazing to see your experiences as they are similar from timing and impression to mine (though on a smaller scale). I was in Mongolia in summer 2011 and started checking the above mentioned brokerages later by email in September but only Monet responded, so I chose them to open the account with. I also found the government bonds quite attractive but you might also mention the volatility of the MNT which needs to be considered when sending money in and out of Mongolia. You might also mention that there is a 10% capital gains tax.
    Mar 20, 2012. 01:58 PM | 2 Likes Like |Link to Comment
  • Mongolian Cement Company Poised For Liftoff [View instapost]
    Also Monet is positive on this company. Almost too many positive opinions...
    Mar 20, 2012. 01:58 PM | 1 Like Like |Link to Comment