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alpine

alpine
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  • Frenzied Speculative Activity In China's Equity Markets [View article]
    While this article focuses on the seeming "irrational exuberance" of the individual Chinese investor, it ignores the titanic shift taking please, a little below the surface:
    a) China continues to gain market share across a whole range of manufactured products, worldwide. Some of this share gain is from national brands such as Lenovo, Haier, Huawei, ZTE, Sany, Chery and the like, but the real growth are all those private label brands of all manner of manufactured goods that are either embedded within OEM products or are sold directly as finished goods in supermarkets, hardware stores, retail outlets, etc;
    b) Chinese stock market has been in a regular swoon since pre-Olympics 2008, and even though GDP is up about some 70-80%, wages have gone up, productivity too, etc etc, stock prices for most core stocks have not caught up yet;
    c) China's overall financial position has strengthened considerably, both at the national, corporate and individual level. It is time the substantial national (and indeed, international, i.e. foreign investors') savings are deployed towards the Chinese stock market;
    d) finally, in response to (c) above, China is opening up its stock markets to foreign investors, both individual and institutional, and this is one of the key reasons the market is about to come into its own; and finally,
    e) the article forgets to mention that the merging of the H and A shares can only be a great thing for everybody, both within China and outside.

    I'm unabashedly bullish, and feel convinced, it is the last real unpolished gem, maybe even undiscovered one for the next 10-20 years.
    Mar 29, 2015. 05:51 AM | 3 Likes Like |Link to Comment
  • Is Intel Corporation An Investing Opportunity? [View article]
    If Intel does actually close the reported M&A deal with Altera, it will actually become ever more intertwined with the key players in China, as that networking, telecom and mobile devices behemoth Huawei is actually a top customer of ALTR.
    Mar 28, 2015. 05:15 PM | 1 Like Like |Link to Comment
  • Near-Term Dollar Conviction Went MIA [View article]
    I have this nagging "hunch" that the GBP's swoon is because of an expectation that the election results in May will be a hung parliament, but somehow, I feel the Tories will come in with a majority and likely will call the shots in terms of who they may eventually form a coalition with.

    Either way, I believe the GBP should be trading a lot higher, as the British economy is likely the best managed economy in Europe today.
    Mar 28, 2015. 04:53 PM | Likes Like |Link to Comment
  • What's Going On? [View article]
    Great article, enjoyed it very much. if the INTC acquiring ALTR story turns true, it puts the fomer squarely in the centre of Chinese buyers of all manner of chips, since the mushrooming but "privately" held Huawei is a major customer of ALTR!

    It makes me wonder all that could be going on behind INTC's walls...
    Mar 28, 2015. 04:49 PM | Likes Like |Link to Comment
  • Intel reportedly in talks to buy Altera; shares soar [View news story]
    Congrats, for a change it seems, 'the fat lady sang'....
    Mar 28, 2015. 04:37 PM | 1 Like Like |Link to Comment
  • What To Make Of Oracle After Earnings [View article]
    The way I prefer to look at this part of the world is Oracle alone vs the likes of Cisco, Red Hat and quite a few others. But Intel is likely to come out winning irrespective of which side wins....
    Mar 28, 2015. 04:33 PM | Likes Like |Link to Comment
  • Micron Stock A Buy Despite Rival SanDisk's Lower Forecast [View article]
    Russ, lots of us would love to hear your thoughts on the Altera deal, and whether it is a true gamechanger for Intel, enough for you to get back big time into INTC.....at one time, you did declare that INTC is the only investment one needed in this lifetime.....I'm sure we're all hoping that this proclamation doesn't come back to 'haunt' you.....as well all wish you lots and lots of continued success, even if it is because we'd like to 'ride a bit on it ;-)
    Mar 28, 2015. 04:24 PM | 1 Like Like |Link to Comment
  • Micron Stock A Buy Despite Rival SanDisk's Lower Forecast [View article]
    Great insight, JR, even if its fountain is "painful rearview knowledge".... you're not alone. Still, I wish Russ gives his views, as there is always the need to wonder if:
    - something is lurking, and it is a big news;
    - could MU be extremely attractive at current levels for a takeout for an INTC;
    - could the reason MU hasn't appointed a CFO is because they know something 'big' like this is lurking, and why hire a CFO, when within weeks, we'll have a Haikus expert poring over the books, esp in his favourite haunt, Japan, looking for more Haikus in Elpida;
    - does it all not seem quite defensive, as Samsung is firmly in the CPU/GPU/DRAM/NAND game, with nary a credible competitor left, except for INTC;
    - this merger could well be the final competitive answer to the ARMy camp extending its tentacles far and wide, esp with Apple having big plans to "bite" into lots more memory and storage as its iDevices grow in reach and depth.

    Stranger things have happened, Russ, please, your thoughts....
    Mar 27, 2015. 02:35 PM | 2 Likes Like |Link to Comment
  • Red Hat Becoming A Serious Cloud Contender, But Shares Look Pricey [View article]
    It is useful to remember that RHT is not the main heavyweight "puller" in this global tug-of-war in cloud infrastructure services between the "Open Stack" team vs the likes of Microsoft, Oracle and the smaller national and regional players.

    RHT only provides one or two critical "layers" of this Stack, with the likes of Cisco, Google, Dell, Cloudera, Fireeye and Intel actually providing the heavy pulling.
    Mar 27, 2015. 01:57 PM | Likes Like |Link to Comment
  • Micron Stock A Buy Despite Rival SanDisk's Lower Forecast [View article]
    What a joy it would be to hear from none other than the 'father of all MU fans' even if he has estranged himself from this 'eldest' child of his.

    But I agree, and I agree vehemently about the stock being extremely undervalued, as 3D NAND is the final battleground, esp as technologies, both design and process, stand.

    As contrarian "comfort", it is interesting that short interest is still relatively high at 74m shares as of Mar 13th, and we all know the world for MU has tanked since.

    My "hunch" is that Sandisk's bad news is likely excellent news for IMFT, as it could mean that more and more OEMs are designing products across the NAND platform on their soon-to-be available 3D NAND at a hugely disruptive cost.

    Makes you wonder whether how long Apple could turn to Samsung for its DRAM and NAND needs when it should be very, very busy designing 3D NAND across all its product lines, with a "bulk" purchase agreement for both DRAM and 3D NAND from MU.

    Can't wait for next Friday morning.....it's been due so long.
    Mar 27, 2015. 01:44 PM | 4 Likes Like |Link to Comment
  • The Chinese Economy [View article]
    I think this report is not only dated, but entirely a waste of time....the NPC was over quite a few weeks ago, and the world has long moved on from then.
    Mar 25, 2015. 10:46 AM | Likes Like |Link to Comment
  • Oil Price Malaise Hits U.S. And OPEC Differently [View article]
    Another illuminating article on a slippery subject, but I hasten to caution that while the supply "story" is well dealt with, the more important "story", imo, about flat or even declining demand is still not well understood, esp as it relates to oil's primary use, gasoline.

    Now, we have another problem to deal with, i.e. fully stocked reserves, which gives consumer nations the purchasing power to force prices down vs producers, who have to keep scrambling to find buyers to keep the wells running.
    Mar 25, 2015. 02:16 AM | 1 Like Like |Link to Comment
  • Deutsche: Greece could default as early as April 9 [View news story]
    Everyone in the world, incl the majority of Germans, want Greece to succeed, as it will be great for Europe, and indeed the world. But I wish the politicians would understand and accept that this is no time for arguments, but batten down the hatches for the next few years and solve those insurmountable problems Greece always faced: rampant tax evasion, a culture of each individual looking after himself and him immediate family, "export" hard earnt earnings to foreign deposit "locations" and generally, blame the government or everyone else for the country's shortcomings.

    I hope the parties get together, form a government of national unity, adopt the kind of policy priorities the Israelis adopted in forging their newborn nation some 50 years ago, and concentrate on setting the Greeks on a path when they can be proud of their own country, save locally, work locally and invest locally.
    Mar 25, 2015. 02:08 AM | Likes Like |Link to Comment
  • Intel: Examining The Aftermath [View article]
    Isn't it amazing that the amazing, but ever so cool Russ Fischer managed to jump ship just as so many rats were following the tune from his "pipe" playing an old tune, straight into the deep, blue, shark-infested seas?

    Congrats to Russ F., and full credit to him as he did disclose he was out of Intel after the Barcelona debacle.
    Mar 24, 2015. 04:12 PM | 3 Likes Like |Link to Comment
  • Intel: Examining The Aftermath [View article]
    For investors who believed that "this time is different with Intel" because of Brian Krzanich, the new CEO, it is useful to remember that many of the "old, wise" guys are still around: the likes of the Chairman, CFO and of course, a compliant Board.

    It would seem, esp after reading this article, the Company needs to perform another serious soul-search to restructure the Company to the new world, which will, it seems, certainly be different this time:
    a) the mobile world is certainly going to be ARM-centric for a long time to come;
    b) ARM chips may well successfully complete with Intel in the PC and server space, competitively;
    c) Intel has to "learn as well as unlearn" how to compete in the low margin, high volume space; and
    d) finally, if the CFO, and some others like his "too wise men" learn humility, and spend less time learning Japanese "haikus", and more time, on being competitive paranoid
    it would make so many Intel loyalists, esp among the small investor community "feel" there is deep awareness among top management for what has been a bitter disappointment performance this year.
    Mar 24, 2015. 03:08 PM | 3 Likes Like |Link to Comment
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