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johnbee

johnbee
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  • So What Are My Vodafone Shares Worth? [View article]
    Agreed. A socialist Europe is a threat to tax low hanging fruit of the Telcos. Same with India and Africa. None of them like capitalists unless they can line their own pockets from other peoples' enterprise.
    Feb 9, 2014. 06:25 AM | 5 Likes Like |Link to Comment
  • Vodafone: Avoiding The U.S. Data Wars... Kind Of [View article]
    Vodafone's markets in Europe, India and Africa are prone to changing and volatile governments with little commercial sense and demands for money for increasing social needs. Where best to seek taxes than from vast foreign revenue earners with valuable installations that cannot be removed. Nationalisation of oil was carried out by a small handful of Arab states with almost no army, and the West and its oil companies did nothing.
    Feb 6, 2014. 05:18 AM | 1 Like Like |Link to Comment
  • Turkey Is A Distraction Amid Much Bigger Potential Problems [View article]
    I see the US and UK being the best safe bets. The bond markets will see selling as interest rates rise and that money will need go into equities even though margins will not be as good as they were in 2013. Online solutions will continue to dominate consumer spending with discount deals. There will not a clamour for more wages for a while yet as people will be happy just to have jobs, some of which will be returning to the West from China etc as wages rise there. Mexico and Portugal will benefit from this renewal.
    Jan 29, 2014. 09:19 AM | 1 Like Like |Link to Comment
  • The Ticking Time Bomb Under The World Economy [View article]
    Rubbish. If Europe ever had the dream you boast of it is very soon disappearing in the realisation it can't be afforded other than by taxing a capitalist entrepreneurial system beyond its means to pay.
    In case you have forgotten the dreams of the Communist ideal collapsed some time ago along with its mirror sister Fascism.
    Those who rule the EU are too busy lining their own pockets in denial that they and the Euro are a busted flush and no amount of dealing out austerity for everyone else will provide a solution.
    Thank heavens the UK woke up just in time to realise it best to make their own way.
    Jan 5, 2014. 09:47 AM | 1 Like Like |Link to Comment
  • The Ticking Time Bomb Under The World Economy [View article]
    In the UK one £pound is worth what one penny was 100 years ago,
    and 6pence when I was born 74 years ago. Inflation happens, regardless of Governments; all they do is to deny it.
    Jan 5, 2014. 09:41 AM | 1 Like Like |Link to Comment
  • The Ticking Time Bomb Under The World Economy [View article]
    Here Here. I am English, retired and living in sunny Portugal where work is not taken so seriously as in cold Germany, no needs be.
    They can feed themselves; don't need buy too much electricity as a) they have plenty of sun and b) more wind power than any other country in the world sometimes supply the entire day's usage of electricity.

    The Euro was a bad idea supported by Eurocrats who sought to put the cart before the political end game horse. It has failed miserably and there will be new governments in Latin countries who will in 2014 tell Mrs Merkel to go jump in any repayment to German banks (which will screw Germany) and so Germans will need either support the ECB with guarantees or see the Euro countries split in two which will do Germany no good either as a German Euro will go up enough to kill German exports,
    while the Latins, free of debts, will recover fast and soon find new investment without their debt.
    As with Mexico's recent revival a lot of work that went to China in manufacturing as costs there rise and will come back to Portugal and countries who were screwed by being in the Euro.

    In short Germany will have to give a lot more to support the ECB if the Latins start to look like leaving the Euro, or else let Latin Abenomics get some inflation going. People on this earth are not finished so long as they can work. Every working man knows that and they will not put up with governments that refuse to find them work.
    Jan 3, 2014. 02:41 PM | 12 Likes Like |Link to Comment
  • What If Stocks Crash And Don't Bounce Back? [View article]
    Worse is that stock indices everywhere are all manipulated constantly by throwing out poor performers and adding those seen likely to do well.
    It is only by cherry picking at an early stage that any real money can ever be made, since the chances of any good performance from so called Alpha stocks that make up an index which institutions invest in for safety's sake are relatively poor, unless they are leveraged and we have seen what happened to most of the hedge funds when they were.
    Dec 18, 2013. 10:09 AM | Likes Like |Link to Comment
  • Entering The Most Dangerous Market Phase: In 3 Parts [View article]
    The recovery from the collapse of the market in 2008 has come largely by taxing the public or by printing money to save the banks and their major clients, which the public will also pay for in due course. Profits have risen temporarily due to unemployment and low wage demands. In effect once more bankruptcy has been postponed.

    After WW2 credit did not exist as we know it today.50% in cash down was required to obtain a mortgage and credit cards did not exist. As savings increased in the hands of banks they needed to lend it and finally greedily lent it to speculators in hedge funds etc to bring about the reverse leveraged rout of 2008. What savings have come back to the banks since have been swallowed by them in saving themselves or to buy equities to restore values for their balance sheets.
    The underlying problems of government borrowing have not been resolved nor has credit been available for Joe Schmuck other than in low level credit card spending. In short the issue of a global collapse is as present as it has been
    for the past twenty years and whether the present dodge is just one more in a long line of dodges which saved the day, or whether it is the final failed one in a culmination of decades of dodges is still to be seen.
    Europe is an example of what happens when population growth remains stagnant and governments won't print money. The likelihood of the bankruptcy of several major European states is now far more likely than five years ago since Euro states have made it clear they are not prepared to rescue each other. Nor will bankrupt states ever repay those from whom they borrowed which in turn will bring new banking collapse in Europe which will bring all of Europe to its knees and reach to the US and beyond.
    The world is not one iota nearer a solution than it was in 2008 when Paulson fell on his knees to beg the Fed and Washington to save the banks. Next time round getting the money from the taxpayers will not happen, since they will rebel, and so many banks will fall as they should have done in 2008, and people and businesses with them. People in big cities need take heed.
    Dec 17, 2013. 09:16 AM | 3 Likes Like |Link to Comment
  • Velti: Next Stop, $0 [View article]
    There is a very fine line here between negligent optimism and fraudulent BS. To my mind the CEO Moukas went over this line a long time ago. Extraordinarily before his words at meetings were transcripted he gabbled on in an unintelligible accent which few dared question since they could not understand what he said.
    A lesson to be learned for future fraudsters and gullible investors.

    It seems even the mighty Fidelity got caught investing $millions only recently at $1.50. What extraordinary stories must they have heard from Moukas to invest when only six months later they have lost 75% of their investment?

    With $10million or near in his pocket from the IPO, which I see no sign of him returning to his company, shareholders should keep tabs on Moukas who may well decide to return home to Greece to spend time with his those of his acquaintances there
    who have not paid his company, nor are ever likely to, thanks to deals Moukas struck with them. Rightly or wrongly Velti has all the hallmarks of a scam from beginning to end.
    Aug 23, 2013. 04:27 AM | Likes Like |Link to Comment
  • Velti Plc Management Discusses Q2 2013 Results - Earnings Call Transcript [View article]
    Take a look at News Corp statement today and also the Magna consortium announcement by Interpublic.
    All these companies are now to sell their own advertising and data on mobile and across all their platforms direct using their own in house client bidding technology.
    This will be the final death knell for Velti coming after Google and Facebook's increasing moves into the mobile advertising market place. Sell now while you can still get a few pennies for the stock.

    Why would anyone want to buy this indebted can of worms with a CEO still in charge who has endlessly misrepresented the company's prospects and on his own admission has no idea what the company's results will be?
    Aug 21, 2013. 01:00 PM | Likes Like |Link to Comment
  • Velti Plc Management Discusses Q2 2013 Results - Earnings Call Transcript [View article]
    Velti needs replace its CEO Moukas with a veteran businessman as soon as possible. Moukas has absolutely zero credibility with shareholders and it is now at last clearly revealed that Velti's business in Greece was massively mis-reported for years and the huge level of debts from unreliable Greek sources kept under wraps for far too long, most likely from its previous CFO and even from the new CFO until he was able to initiate a full enquiry which only now we receive the sorry details of.

    The various "deals" done by Moukas and the previous CFO with fellow Greeks over the past few years to alleviate their debt repayment to Velti and which are now seen as irrecoverable, need special investigation, to see if legal proceedings can be taken.

    Now that these debts have been written off almost entirely, with no more secrets to be hidden, there is no need for a Greek CEO who has been the root cause of the cover up with his inflated ego and a refusal to accept he has been an appalling leader of Velti and the terrible damage he has inflicted on the company and shareholders who have lost up to 95% of their investments.
    Moukas should go and go now without any compensation as he and his family have already pocketed $10m or so from an IPO whose forecasts at the time also need investigation. If he had any real faith in his company he would be offering this $10m back to Velti now in loans, but there is no sign of this, or of any real remorse for his arrogant stupidity. With the right appointment as CEO Velti has a chance to grow again, but not until then. Even CFO Ross cannot now publish guidelines for the future so unreliable is the information he receives. What a miserable mess Moukas has made of it all.
    Aug 21, 2013. 04:36 AM | 2 Likes Like |Link to Comment
  • The Boy Who Cried Wolf, And Crashes [View article]
    The US has had a policy of devaluing the $ since Nixon took it off the gold standard in 1973 so allowing $ debts to be paid back at half price via inflation. They aim to do the same now and raise interest rates to get the ball moving gently.
    Aug 19, 2013. 11:01 AM | Likes Like |Link to Comment
  • Velti Schedules Second Quarter 2013 Earnings Release for Aug. 20, 2013 [View article]
    Velti leads to nowhere other than disaster for its shareholders.
    Aug 8, 2013. 08:00 AM | Likes Like |Link to Comment
  • Dollar Weakness Masked By Gold Rout [View article]
    You can't eat gold. Life has to go on and disguised and controlled inflation is the only answer to bring down unmanageable debt without a revolution. This is the lesson Germany won't learn!
    May 25, 2013. 08:41 AM | Likes Like |Link to Comment
  • Dollar Weakness Masked By Gold Rout [View article]
    You are correct in the long term that the inflation caused by the Fed will weaken the $ (so as to usefully repay debts/ pensions/ welfare at half price) and so in turn strenghthen gold. But thats in the future.

    Right now the Fed is still fighting the last of the fire of the banking/credit collapse and their object is not to let it burst out somewhere again until inflation has done its trick in the next few years and debts everywhere are effectively halved. There is no other solution, for as Keynes so aptly said "in the long run we are dead" and so we only solve problems for ourselves and let the next generation solve theirs, as has happened to us. In 1900 1 cent was worth $1.00 today. What more do you need to know?
    May 25, 2013. 08:38 AM | Likes Like |Link to Comment
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