citizenleung's Comments citizenleung's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.com/user/609729/comments Volkswagen (VLKAY.PK) says it will boost its global workforce to 600K to 550K as it keeps a firm foot on the gas in a race to produce more cars than any other automaker. Naturally, the focus will be on adding jobs in China - not Europe where demand is sluggish. http://seekingalpha.com/currents/post/917461?source=feed#comment-17062041 17062041 Mon, 01 Apr 2013 08:36:51 -0400 Why Accomplished Dividend Growth Investors Can Ignore Price Volatility http://seekingalpha.com/article/1293441/comments?source=feed#comment-16621351 16621351 Thu, 21 Mar 2013 16:34:57 -0400 Google's 'Project Glass': An Over-Hyped Hobby http://seekingalpha.com/article/1263221/comments?source=feed#comment-16150321 16150321
Google has hit an embarrassing new low with Google Glass. It appears Google is leaving inferior behind and heading straight for useless. With Google Glass' endless potential to 1) put its user in danger from accidents and health problems, and 2) invade everyone else's privacy, Google should finally give up once and for all any pretense that it does no evil.

I would not be surprised if Google Search is dethroned soon. I prefer Bing, but I'm obviously in the minority. I'm waiting for IBM to use Watson as some kind of consumer search engine that will provide 3-5 answers rather than 100,000,000 links--most of which are useless. When that day comes, Google will collapse faster than Nokia or Blackberry. Until then, Google will continue be the world's other vampire squid.]]> Mon, 11 Mar 2013 17:50:16 -0400
Google has hit an embarrassing new low with Google Glass. It appears Google is leaving inferior behind and heading straight for useless. With Google Glass' endless potential to 1) put its user in danger from accidents and health problems, and 2) invade everyone else's privacy, Google should finally give up once and for all any pretense that it does no evil.

I would not be surprised if Google Search is dethroned soon. I prefer Bing, but I'm obviously in the minority. I'm waiting for IBM to use Watson as some kind of consumer search engine that will provide 3-5 answers rather than 100,000,000 links--most of which are useless. When that day comes, Google will collapse faster than Nokia or Blackberry. Until then, Google will continue be the world's other vampire squid.]]> Dell (DELL) enters into agreement to be acquired by Michael Dell and Silver Lake for $13.65/share, or $24.4B, a 25% premium over the Jan. 11 price before rumors began. (PR) http://seekingalpha.com/currents/post/804381?source=feed#comment-14592401 14592401
DELL shareholders are lucky they're getting $13.65. What they should be angry about is DELL spending so much on buybacks. Based on today's sale price, Dell probably could have bought itself once or twice already.]]> Tue, 05 Feb 2013 11:25:35 -0500
DELL shareholders are lucky they're getting $13.65. What they should be angry about is DELL spending so much on buybacks. Based on today's sale price, Dell probably could have bought itself once or twice already.]]> The House will vote on the unamended Senate bill at 9 PM ET, reports CNN's Dana Bash. Any attempt to alter the bill by adding spending cuts has reportedly been abandoned for now. Update at 9:10: The vote has been pushed back to 11 PM ET. http://seekingalpha.com/currents/post/740511?source=feed#comment-13200701 13200701
Note that I said "conservative," not "Democratic" or "Republican." Clinton and Rubin did their part in redistributing wealth from the middle class to the rich. They weren't nearly as good as Reagan or Bush 43, though.]]> Tue, 01 Jan 2013 21:43:45 -0500
Note that I said "conservative," not "Democratic" or "Republican." Clinton and Rubin did their part in redistributing wealth from the middle class to the rich. They weren't nearly as good as Reagan or Bush 43, though.]]> The House will vote on the unamended Senate bill at 9 PM ET, reports CNN's Dana Bash. Any attempt to alter the bill by adding spending cuts has reportedly been abandoned for now. Update at 9:10: The vote has been pushed back to 11 PM ET. http://seekingalpha.com/currents/post/740511?source=feed#comment-13199481 13199481 Tue, 01 Jan 2013 20:51:05 -0500 Over 2M iPhone 5 units have been sold thus far in China, Apple (AAPL) boasts. China Unicom's (CHU) healthy pre-order activity probably had a lot to do with this figure. Sparse crowds for the Friday launch stoked fears initial sales were light, but weather and pre-ordering requirements seem to have played a role. For reference, Apple announced in September over 5M iPhone 5 units had been sold 3 days after the device went on sale in the U.S., Japan, and 7 other locales. (PR) http://seekingalpha.com/currents/post/722411?source=feed#comment-12671351 12671351
Apple treats its shareholders wonderfully--just look at the incredible gains over the last ten years. Look at Apple's unparalleled transparency, at least among tech companies, in reporting sales, revenues, earnings, and profits. As for the dividend, I'm as happy with Apple's dividend as I am with Philip Morris or Kinder Morgan's dividend.

You begin to lose credibility when you claim that Apple has no innovative products. The only innovative products over the last 5-6 years in the mobile space have been the original iPhone and the original iPad. Every device since, whether by Apple or another manufacturer, have been evolutionary rather than innovative. If you consider Samsung's devices "innovative", you have a most curious interpretation of the word.]]> Mon, 17 Dec 2012 01:32:38 -0500
Apple treats its shareholders wonderfully--just look at the incredible gains over the last ten years. Look at Apple's unparalleled transparency, at least among tech companies, in reporting sales, revenues, earnings, and profits. As for the dividend, I'm as happy with Apple's dividend as I am with Philip Morris or Kinder Morgan's dividend.

You begin to lose credibility when you claim that Apple has no innovative products. The only innovative products over the last 5-6 years in the mobile space have been the original iPhone and the original iPad. Every device since, whether by Apple or another manufacturer, have been evolutionary rather than innovative. If you consider Samsung's devices "innovative", you have a most curious interpretation of the word.]]> Apple's Achilles' Heel: Samsung Has An Arrow Pointed Straight At It http://seekingalpha.com/article/1060721/comments?source=feed#comment-12670981 12670981
Perhaps, but they don't appear to be interested in developing apps for Android tablets.]]> Mon, 17 Dec 2012 00:42:27 -0500
Perhaps, but they don't appear to be interested in developing apps for Android tablets.]]> Over 2M iPhone 5 units have been sold thus far in China, Apple (AAPL) boasts. China Unicom's (CHU) healthy pre-order activity probably had a lot to do with this figure. Sparse crowds for the Friday launch stoked fears initial sales were light, but weather and pre-ordering requirements seem to have played a role. For reference, Apple announced in September over 5M iPhone 5 units had been sold 3 days after the device went on sale in the U.S., Japan, and 7 other locales. (PR) http://seekingalpha.com/currents/post/722411?source=feed#comment-12669501 12669501
That's one of reasons I like Apple--they treat the fools on Wall Street the way they deserve to be treated.]]> Sun, 16 Dec 2012 22:24:11 -0500
That's one of reasons I like Apple--they treat the fools on Wall Street the way they deserve to be treated.]]> Apple's Achilles' Heel: Samsung Has An Arrow Pointed Straight At It http://seekingalpha.com/article/1060721/comments?source=feed#comment-12533631 12533631 Wed, 12 Dec 2012 15:41:40 -0500 Apple's R&D Numbers - Something Good Brewing, Or Something Wrong? http://seekingalpha.com/article/1031551/comments?source=feed#comment-12012701 12012701
On innovation, the only developments over the last 5-6 years in the mobile space that qualify as "innovations" are the original iPhone and the original iPad. All mobile devices since, whether by Apple or any other manufacturer, have been evolutionary rather than revolutionary products. The Surface is innovative for Microsoft's standards, but tiles and a kickstand are not, in and of themselves, "innovative."]]> Tue, 27 Nov 2012 16:58:36 -0500
On innovation, the only developments over the last 5-6 years in the mobile space that qualify as "innovations" are the original iPhone and the original iPad. All mobile devices since, whether by Apple or any other manufacturer, have been evolutionary rather than revolutionary products. The Surface is innovative for Microsoft's standards, but tiles and a kickstand are not, in and of themselves, "innovative."]]> Has the iPhone lost its "wow" factor, and if so, is it something for Apple (AAPL +1.2%) to be truly worried about? A day after the iPhone 5 launch, the press is alight with commentary declaring the device a good upgrade, but nothing more. Some think the effectiveness of the Apple rumor mill might be to blame. Either way, the big question is how much a lack of excitement will affect sales when Apple can still claim an edge in customer loyalty and apps, and can tout hardware features that often match or exceed those of rivals. http://seekingalpha.com/currents/post/537131?source=feed#comment-9433891 9433891 Thu, 13 Sep 2012 23:05:04 -0400 BofA's (BAC) Wealth Management division is holding a conference call tomorrow with Paulson & Co.'s John Paulson, giving the firm's retail advisors and clients a chance to take a shot at his disappointing year-to-date performance. So far in 2012, Paulson's Advantage Plus fund is off 18%, while his Advantage fund is down 13%. Remember, this is on the back of declines in 2011 of over 50% and 36%, respectively, and comes just days following Citigroup's (C) announcement that its Private Bank was pulling $410M out of Paulson's funds. http://seekingalpha.com/currents/post/509551?source=feed#comment-8841621 8841621 Tue, 28 Aug 2012 01:12:32 -0400 More on Apple's FQ3: The company is guiding for FQ4 revenue of $34B and EPS of $7.65, below a consensus of $38B and $10.22. iPhone sales miss consensus, iPads beat. Gross margin of 42.8%, down 460 bps Q/Q (due to mix shift towards iPads) and up 120 bps Y/Y.  6.8M iPods sold, -10% Y/Y. Americas revenue +26%, Europe +16%, Japan +33%. Asia-Pac (led by China) +25% Y/Y but -22% Q/Q. Retail +17% Y/Y. $2.65/share dividend declared. CC at 5PM ET (webcast). AAPL -4.9% AH. (PR) http://seekingalpha.com/currents/post/433851?source=feed#comment-7715911 7715911 Tue, 24 Jul 2012 16:52:42 -0400 Is The Perfect Storm Here? http://seekingalpha.com/article/735771/comments?source=feed#comment-7593451 7593451
This statement reveals stupidity, foolishness, or ignorance (or perhaps all three). The Chinese leadership is currently hard at work constructing the next 5-year plan. The plan will be executed by state-owned enterprises that march to Beijing's orders. Very capitalistic.

Are you so deep in Tea that you've lost your common sense?]]> Fri, 20 Jul 2012 12:49:14 -0400
This statement reveals stupidity, foolishness, or ignorance (or perhaps all three). The Chinese leadership is currently hard at work constructing the next 5-year plan. The plan will be executed by state-owned enterprises that march to Beijing's orders. Very capitalistic.

Are you so deep in Tea that you've lost your common sense?]]> General Electric (GE -1.2%) may look attractive on the surface, with its industrial and capital services units both poised for cyclical gains should the economy kick into gear. However, the mega-conglomerate is a unique financial-industrial hybrid, says Morgan Stanley's Nigel Coe, and if you back out GE Capital from the numbers, you'll find that both units are actually trading at a large premium to comps., and with a little pricing competition, the company could face serious headwinds. http://seekingalpha.com/currents/post/416811?source=feed#comment-7436591 7436591 Mon, 16 Jul 2012 15:58:53 -0400 Charlie Munger: Civilized People Don't Buy Gold http://seekingalpha.com/article/563301/comments?source=feed#comment-5161451 5161451 Sun, 06 May 2012 16:30:19 -0400 The President is speaking about his proposals to crack down on manipulation in the oil market. Watch live here. http://seekingalpha.com/currents/post/254931?source=feed#comment-4505951 4505951
The oil and gas industry praised the EO for gathering the disparate regulatory bodies under one roof, which would simplify regulations and reduce the red tape.]]> Tue, 17 Apr 2012 12:05:40 -0400
The oil and gas industry praised the EO for gathering the disparate regulatory bodies under one roof, which would simplify regulations and reduce the red tape.]]> The President is speaking about his proposals to crack down on manipulation in the oil market. Watch live here. http://seekingalpha.com/currents/post/254931?source=feed#comment-4505561 4505561
Obama has voiced support for natural gas. If you want to blame somebody for the failure of the Natural Gas Act in the Senate, blame the 39 myopic Republicans who voted no and Big Oil, which stuffs their campaign coffers full of cash.]]> Tue, 17 Apr 2012 11:59:34 -0400
Obama has voiced support for natural gas. If you want to blame somebody for the failure of the Natural Gas Act in the Senate, blame the 39 myopic Republicans who voted no and Big Oil, which stuffs their campaign coffers full of cash.]]> The President is speaking about his proposals to crack down on manipulation in the oil market. Watch live here. http://seekingalpha.com/currents/post/254931?source=feed#comment-4505371 4505371 Tue, 17 Apr 2012 11:55:16 -0400 Apple: Take Profits Before You Lose Them http://seekingalpha.com/article/474321/comments?source=feed#comment-4093521 4093521
Internally debating whether to sell AAPL is a good problem to have.]]> Tue, 03 Apr 2012 10:04:31 -0400
Internally debating whether to sell AAPL is a good problem to have.]]> Is Pfizer Pfinished? http://seekingalpha.com/article/458041/comments?source=feed#comment-3856121 3856121 Tue, 27 Mar 2012 01:07:53 -0400 Apple's Cash Should Be Used For These Acquisitions Instead http://seekingalpha.com/article/457611/comments?source=feed#comment-3854001 3854001 Mon, 26 Mar 2012 23:07:54 -0400 As spring blossoms bloom A cool million readers Watch their stocks grow too. Enter our Seeking Alpha 1 Million User Haiku Contest, by Tuesday at midnight, and a new iPad could be yours! (earlier) http://seekingalpha.com/currents/post/220611?source=feed#comment-3853091 3853091 Million seekers have gains
In the billions.]]> Mon, 26 Mar 2012 22:25:05 -0400 Million seekers have gains
In the billions.]]> Is Germany Actually Preparing To Leave The Euro? http://seekingalpha.com/article/429741/comments?source=feed#comment-3426531 3426531 Tue, 13 Mar 2012 09:16:52 -0400 Trade With The Ultimate Insider (It's Perfectly Legal) http://seekingalpha.com/article/387221/comments?source=feed#comment-2878191 2878191
That purchases of Wells Fargo, IBM, Visa piqued your interest says much about your skills as an investor and your understanding of the "interpretive dance cliches" you dismiss. These stocks are great under any style of analysis, and each fits perfectly with Buffett's investment philosophy. Wells Fargo is the financial institution Buffett knows best outside of Berkshire, and he already owns a hefty stake in the company. Wouldn't you buy a dip to add to an existing position you like? IBM is by far the biggest player in the high-margin, sticky business of consulting and analytics, almost guaranteeing strong cash flow and dividend growth. It is quickly becoming an indispensible part of the information-industrial complex, and its moat is wide and deep. Visa, a toll booth operator with no credit risk, might have the biggest moat of the three. One does not need any influence in Washington or "insight that only Warren Buffet brings to the table" to realize that these are great companies that were on sale.

As for BNSF, Buffett has had its eye on the company for a long time. By the time Berkshire acquired BNSF, Berkshire already owned over 20% of the company. Berkshire purchased this stake through 2007. Regardless of the timing of the final acquisition, what's so unusual about one company buying another company in which the first company owns a significant stake?

Buffett certainly does not need me or anyone else to defend him from the likes of you. He makes turds that are better investors than you. I commented because your article is full of innuendo and even more full of ignorance. Hopefully, you wrote it only as an enterprising attempt to generate hits, like the 10 tired Apple-bear articles that Seeking Alpha approves every day.]]> Thu, 23 Feb 2012 17:02:55 -0500
That purchases of Wells Fargo, IBM, Visa piqued your interest says much about your skills as an investor and your understanding of the "interpretive dance cliches" you dismiss. These stocks are great under any style of analysis, and each fits perfectly with Buffett's investment philosophy. Wells Fargo is the financial institution Buffett knows best outside of Berkshire, and he already owns a hefty stake in the company. Wouldn't you buy a dip to add to an existing position you like? IBM is by far the biggest player in the high-margin, sticky business of consulting and analytics, almost guaranteeing strong cash flow and dividend growth. It is quickly becoming an indispensible part of the information-industrial complex, and its moat is wide and deep. Visa, a toll booth operator with no credit risk, might have the biggest moat of the three. One does not need any influence in Washington or "insight that only Warren Buffet brings to the table" to realize that these are great companies that were on sale.

As for BNSF, Buffett has had its eye on the company for a long time. By the time Berkshire acquired BNSF, Berkshire already owned over 20% of the company. Berkshire purchased this stake through 2007. Regardless of the timing of the final acquisition, what's so unusual about one company buying another company in which the first company owns a significant stake?

Buffett certainly does not need me or anyone else to defend him from the likes of you. He makes turds that are better investors than you. I commented because your article is full of innuendo and even more full of ignorance. Hopefully, you wrote it only as an enterprising attempt to generate hits, like the 10 tired Apple-bear articles that Seeking Alpha approves every day.]]> Jamie Dimon (JPM) continues to rail against over-regulation, telling Fox Business that policies coming out of Washington have led to a slower and rockier recovery: "It could have been better. I do think we have made this recovery slower and worse by uncoordinated policy, the debt ceiling crisis and tons of other things that were misguided." http://seekingalpha.com/currents/post/146521?source=feed#comment-2633841 2633841 Tue, 14 Feb 2012 12:17:21 -0500 A Cisco And Dell Strategy That Apple Should Avoid http://seekingalpha.com/article/364661/comments?source=feed#comment-2632821 2632821 Tue, 14 Feb 2012 11:47:17 -0500 Dick Bove is furious over "the mortgage deal from hell" that provides $25B in relief for distressed borrowers, states and the U.S. government. "Those people lucky or smart enough to stop making payments on their homes may get their loan balances reduced," Bove fumes; headline risk for banks - particularly BAC - will continue since the DOJ is sketching up another lawsuit over securitization irregularities. http://seekingalpha.com/currents/post/138961?source=feed#comment-2521771 2521771 Thu, 09 Feb 2012 17:16:36 -0500 CNBC's Mark Koba steps inside Ron Paul's fantasy of world of a world without a Fed and doesn't paint a pretty picture. A return to the gold standard, as Paul wants, would leave the dollar hostage to the whims of traders. Or, letting the Treasury manage the money supply would cause an "earthquake over who would be Treasury Secretary." http://seekingalpha.com/currents/post/138561?source=feed#comment-2509281 2509281 Thu, 09 Feb 2012 12:25:46 -0500