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FrankBn

FrankBn
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  • Emerging Markets: What Are Investors Really Buying? [View article]
    Also long NBG - for the same reason that you list as disadvantage above and would-be disadvantage in a sane world: heavy state involvement. I'll swallow that for current price and value it as an included safety bonus.
    Apr 30, 2011. 03:54 AM | Likes Like |Link to Comment
  • 10 Foreign, Dividend-Paying Bank Stocks Worth Considering [View article]
    Commerzbank is currently not paying a dividend, but announced to maybe do so in 2012.
    Also note that Commerzbank is currently in a quite complicated process of capital increase, which makes the stock volatile, since opinions differ on the results.
    They are currently at about 1/7 of their 2007 high and share dilution is probably higher than 1:2.
    Apr 10, 2011. 01:51 PM | Likes Like |Link to Comment
  • The Great Growth Debate: Dividend Growth Stocks vs. Growth Stocks [View article]
    Without cheating by reading part II, my personal summary (just after a few years, not decades) is, that the tricky part with growth stocks is to find the correct ones - in advance, not in hindsight. It would be a simple mixture of statistics and arithmetic to find out which probability you would need for correct identification of a 15% growth stock in order to beat a e.g. 12 stock d-g basket with a 12 stock growth stock basket.
    Second risk is then, whether you have the stomach for a 200+% increase; I for an example could still kick myself to have sold my SDRL - bought in march 2009.
    Mar 27, 2011. 11:26 AM | 7 Likes Like |Link to Comment
  • Deep Sea Drillers Just Got a Big Boost [View article]
    You really want to pay your hard earned money for HES, where the CEO Hess pays himself more than his shareholders (www.thestreet.com/stor...)? I also held SDRL and have no issues with Fredriksen's salary, who works for 5 to grow his imperium and who shares with his shareholders. There is a clear line between greed and success and I won't step over it.
    Mar 2, 2011. 01:46 AM | 2 Likes Like |Link to Comment
  • Why Germany's Economic Fortress Could Come Toppling Down [View article]
    as another german joining in: the bank leverage to greece/irland is sad but true, while also what Positroll said is true. As always in life, it is not just black and white, so germany did quite well to absorb the industrial wastelands from eastern germany, we did quite well on adjusting to globalization by only moderately increasing working costs during more than one decade, we still do quite well on education - not so sure on healthcare - and industrial production (cars!), but also as an inheritance of the 20th century german plutocracy, we've been sold again by our political class to the banks, so it seems the next decade we'll pay for their greed.
    My father's generation worked 15 hrs less per week and had party all the time - party is over for us since long, but what remains is still better than mostly everywhere else.
    Feb 27, 2011. 05:18 AM | 4 Likes Like |Link to Comment
  • South Korea: Emerging Market Exposure at a Discount [View article]
    Just bought SKM, who after some down days started to raise on friday. Low TTM and forward PE, very low owner earnings per share (15), as it seems no unknown news country- and companywise, nice dividend with acceptable payout - and getting my paycheck in EUR helps to accept some risk on foreign currencies. Now I hope that ETF-forced lockstep helped me to buy some nice stock on low valuation.
    Feb 20, 2011. 11:07 AM | Likes Like |Link to Comment
  • 18 Stocks on the 52 Week Low List Ready to Pop? [View article]
    I was in an out chinese small caps and UEPS for some time, overall loosing a bit. Problem for me is information: I did and do hold e.g. ABT, EXC, NBG, or TCK during troublesome times, but I did have an idea why I bought them and always found enough info to verify that idea for me. Not having this info lead me to loose trust in my small values and sell them - mostly too early. So my lesson is to sometimes still do some contrarian bets, but only on stocks that I could track well information-wise.
    Feb 13, 2011. 10:01 AM | 1 Like Like |Link to Comment
  • The Last Drop of Oil: Total S.A. [View article]
    Don't think it's that simple, just compare with RDS, which climbed much more than TOT. TOT is said to have less reserves and for sure global french companies are not loved for the french ethics of work. Anyway my assumption is just the same as yours, so I'm long TOT.
    Feb 5, 2011. 01:59 AM | 1 Like Like |Link to Comment
  • ARM Windows 2013 Launch Date Too Late for Tablet Market [View article]
    That's just not true.
    When Windows NT came out as developed by DEC's great Dave Cutler, it was running on Intel x86, DEC Alpha, and MIPS; other architectures have been added later.
    And before you get too enthusiastic about Apple's recent triumphs, you might like to google for "apple talingent", and there are other not so brilliant stories...
    Jan 11, 2011. 01:26 PM | Likes Like |Link to Comment
  • Profit From the Rally's Inevitable End: My Correction Wish List [View article]
    Why wait for a correction with DSX? It's again near is 2010 lows from July 2010. I'm also following it since long, problem for me is not the current price - which is cheap (PE 7,8), but the alleged oversupply with bulk ships in the years to come.
    We share opinions on RDS, I also had my price target too low in autumn - so good luck with this for us.
    Jan 3, 2011. 01:37 AM | Likes Like |Link to Comment
  • SeaDrill: Positioned to Prosper [View article]
    Interesting article on an interesting company.

    I bought SDRL in the dark days of early 2008 in Oslo - and sold them way after a nice ride, but still way too early. The heavy debt load made me uneasy, even if John Fredriksen obviously can handle this in his companies. Now I have STO instead, lower gains, better sleep.

    For the german reading investors, some useful information is available here www.wertpapier-forum.d.../ and here www.wertpapier-forum.d.../

    Btw: Happy new Year to all!
    Jan 1, 2011. 04:05 AM | 6 Likes Like |Link to Comment
  • Schlumberger: Trimming but Staying Long [View article]
    Robert, thanks for your thoughts.
    I have the same "problem" - having bought SLB way below $60 (even with a much cheaper $ for my EUR), making it my 3rd largest position, and now consider every day to sell some or all of it - also having some tax exemptions from other losses.
    If it would be something else, I'd sell it now - but since I take upcoming peak oil for granted and since timing the market is a futile exercise for retail investors, I convince myself to hold it - every day.
    Dec 11, 2010. 05:34 AM | 2 Likes Like |Link to Comment
  • Long Play on SmartHeat [View article]
    Thanks for the article, lot of helpful info.
    I stepped in HEAT and RINO after watching them for 6 month just the week before the RINO accounting scandal - nice timing.
    Whatever the fundamentals tell us about HEAT, this RINO thing will hold it below previous highs for some time.
    Dec 11, 2010. 04:45 AM | 1 Like Like |Link to Comment
  • Petrobank Energy: An Exceptional Risk / Reward Opportunity [View article]
    For those interested in a quite less optimistic assessment, read here: www.gurufocus.com/ic/s...
    Oct 24, 2010. 12:38 AM | 1 Like Like |Link to Comment
  • Waiting for the 'Lehman' Event [View article]
    The DB issue is not necessarily a hint of a financial issue. Official statements note as reasons for the capital raise: 1) capital to acquire Postbank in total (currently owned to about 1/3) and 2) capital to support expected Basel III requirements for more equity capital. Reason 1 is said to be responsible for 8b of the 9b, so even if the share suffered (heavily on Friday, very mildly today), it's by far not as negative as stated - if you believe the official statement.
    Sep 13, 2010. 08:24 AM | Likes Like |Link to Comment
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