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Schumpeter_1

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  • East & Sub-Saharan Africa Investing Blog [View instapost]
    A very diversified, non-commodity, 100% pure play on sub-sahara listed in London: Lonrho.

    http://bit.ly/V8A8f1

    Could be a niece way to play Mozambique (and Angola).
    Operations mainly ride the commodity wave, i.e. the firm's most considerable investments are in Congo, Zimbabwe, Equatorial Guinea, Angola and Mozambique.

    Includes majority ownership in FastJet, a low cost airline backed by EasyJet's Stelios: http://bit.ly/YmxeKR
    Dec 19, 2012. 07:04 PM | 2 Likes Like |Link to Comment
  • Myanmar Investing Blog [View instapost]
    It also seems not very supportive to the Dawei project that Siam Cement has chosen for a different factory location.
    http://bit.ly/ZQVrcW
    Dec 19, 2012. 06:41 PM | 2 Likes Like |Link to Comment
  • Debit Cards Introduced In Myanmar [View instapost]
    An update on Myanmar telcos:

    http://bit.ly/ZQPvR1

    http://bit.ly/TZAo19

    Singapore distributor mDR already has an joint venture agreement:
    http://bit.ly/V8sj9e
    Dec 19, 2012. 06:15 PM | 2 Likes Like |Link to Comment
  • East & Sub-Saharan Africa Investing Blog [View instapost]
    SDV Transami (not acquired, but rebranded by Bolloré) :
    http://bit.ly/T7jgJs
    http://bit.ly/TyfnMe

    => Operations in Kenya, Uganda, Tanzania, Rwanda, Rwanda, Burundi and Sudan.

    Customers include well-known MNC's: http://bit.ly/TyeHXh

    Off record, some other trucks which I found often along the road in Uganda (building a tarmac road to Rwanda): SBI International Holdings AG, i.e. a Swiss listed construction company:

    http://bit.ly/TyhkrZ
    http://www.sbi-ag.ch
    Dec 19, 2012. 06:40 AM | 2 Likes Like |Link to Comment
  • East & Sub-Saharan Africa Investing Blog [View instapost]
    The "94% ownership" seems to be false, but I cannot find the right one. However, it is still a very, very large majority shareholder with a controlling stake. (As can be confirmed from Groupe Bolloré SA's marketing expressions on which the African Logical operations are always most predominant.)

    For those who are familiar with Uganda. It recently acquired SDV Transami. In addition, Bolloré Africa is going to support the oil companies with real estate solutions . http://bit.ly/T6HPos
    Dec 19, 2012. 05:44 AM | 2 Likes Like |Link to Comment
  • East & Sub-Saharan Africa Investing Blog [View instapost]
    Other investable ideas: Bolloré Africa Logistics (a pure play listed in Cameroon)

    OR

    Groupe Bolloré SA ( 94% shareholder of Bolloré Africa Logistics)
    main listing at Euronext (Paris) , but also US-listed on the Pink Sheets (BOIVF.PK).

    50 years of experience in Africa and plans for African logistics to expand to Ethiopia.

    Barron's on Bolloré SA:
    "An investment in Bolloré is a bet on France's Warren Buffett....[..] The 60-year old CEO generates most of the headlines for agitating for change at staid companies, but Bolloré is a well-run business whose activities span transport and logistics, fuel distribution, technology, and media. [..].
    Its profitable transport and logistics operations, which account for more than 50% of revenue, are concentrated in Africa and encompass everything from ports to railways and trucking. That makes Bolloré a play on Africa's enormous growth potential."

    http://bit.ly/UL7bH8
    (Full text without subscription: http://bit.ly/12oK1N6 )

    Operations of Bollore Africa Logistics.
    http://bit.ly/UL7bHf

    What seekingalpha writes on Bollore.
    http://bit.ly/VPfilM

    Bollore Africa Logistics stock info:
    http://bloom.bg/UL7bHl
    http://bit.ly/12oK3od

    Financial Times'article
    http://on.ft.com/ULaiig
    Dec 19, 2012. 04:55 AM | 2 Likes Like |Link to Comment
  • East & Sub-Saharan Africa Investing Blog [View instapost]
    By the way, I do not know whether somebody already has it noticed, but APM Terminals, one of the largest port operators in Africa, CURRENTLY operates port terminals solely in West Africa => nine ports in eight West African countries http://bit.ly/R4vi6o

    Although it already has inland service operations in 12 countries from East Africa (including Kenya, Uganda and Tanzania, as well as parts of Congo and Zambia)

    It eyes Mombassa for their expansion into East Africa, i.e. expansion in port terminals. Logistics Container Centre Mombasa (LCCM), part of APM Terminals Inland Services, already is in operation since 1997.
    Dec 19, 2012. 03:55 AM | 2 Likes Like |Link to Comment
  • East & Sub-Saharan Africa Investing Blog [View instapost]
    In that sense, it is very unfortunate that Portek International has been delisted and acquired by Mitsui. They were a nice stock to play ports in Gabon, Algeria and a dryport in Rwanda. It seem that ICTSI also has a port terminal in Madagascar. But that is only one African terminal of the many port terminals both ICTSI has.

    Likewise for DP World with operations in Djibouti, Mozambique, Senegal, Algeria and South Africa.

    http://bit.ly/T6uEUK

    http://bit.ly/R4tCKc
    Dec 19, 2012. 03:29 AM | 2 Likes Like |Link to Comment
  • Myanmar Investing Blog [View instapost]
    Perhaps a bit off topic, but this company might also be interesting to follow as it plans to expand to Myanmar: Kolao Holdings.
    http://bit.ly/RoFrMU

    Especially since Korean businesses are already quite a time "close" with Myanmar. Also within automotive: http://on.ft.com/W5ixaO.

    (Next to Korean companies, the Thai firms are the obvious winners: http://bit.ly/VvEzXa
    Dec 12, 2012. 05:51 AM | 2 Likes Like |Link to Comment
  • Myanmar Investing Blog [View instapost]
    This link might also be very interesting. Both the index itself, as well as the provider.

    http://on.ft.com/XRS04R

    http://bit.ly/12kEPJc

    Besides the companies mentioned in the index it might be very interesting to follow the goings of CPG Consultants. They have designed Naypyidaw International Airport and are listed in Singapore.
    Dec 12, 2012. 05:19 AM | 2 Likes Like |Link to Comment
  • What The Yield? Beware The Temptations Of Emerging Markets Debt [View article]
    Jon,

    I think you are addressing a very interesting subject. I follow the Financial Times's beyond brics section regularly and I have seen EM bonds having the largest inflow of funds for each month. Month over month, over month for such a long period that it has worried me. However, fund managers are also getting sceptical:

    http://on.ft.com/12kE0QF
    Dec 12, 2012. 05:09 AM | 3 Likes Like |Link to Comment
  • Apocalypse Now For Investors? A Vietnam Investment Review (And Reality Check) [View article]
    I agree with and understand things you are saying. I didn't like VNM because of its overweight in banking and real estate. As a matter of fact I prefer local brands, consumer staples and telcoms.

    However, what I still do not get is why "London or Hong Kong [...] make themselves out of reach for most retail American investors who don't want to go through the trouble of investing".

    Let's take me. I am Dutch. However, I have not got any stock/ bond listed in The Netherlands (not even Euronext, or Euro-area). Only securities listed in Singapore, Sweden, Norway, UK, US, Switzerland and Canada (no depository receipts) which I am all buying with my Dutch broker account (i.e. no foreign account).
    Nov 18, 2012. 12:24 PM | 1 Like Like |Link to Comment
  • Apocalypse Now For Investors? A Vietnam Investment Review (And Reality Check) [View article]
    I very much liked reading your article. Very insightful.
    Particularly the latest investment craze in golf memberships. Never knew that.
    Why do you look upon VinaCapital as "adventurous" ? Due to its Pink Sheet listing ? Or...

    I am always surprised (in general, here on SA) why it is so difficult ("out of reach") for US investors to invest in the London-listed VOF. Could you help explain that ?
    I am also paying perhaps 36 EUR for a transaction fee(excl. custody fees) with my domestic broker, as opposed to <8 EUR fees for US and Euronext stocks. But it's not impossible. Albeit it is for me impossible to trade London with low cost brokers, i.e. Interactive Brokers.

    By the way, you were not implying/ saying that VinaCapital was investing in Da Nang/ China Beach ?

    Very much liked your writing and found your LinkedIn profile very interesting (Asia, HR ?)
    Nov 17, 2012. 02:54 PM | 2 Likes Like |Link to Comment
  • Apocalypse Now For Investors? A Vietnam Investment Review (And Reality Check) [View article]
    I happen to find your comment very interesting, as a big fan of VinaCapital's VOF (over VNM). It has always disturbed me here at SA there was so much covering on VNM while there was essentially no coverage on the VOF.

    Could you give a little a bio on yourselves?
    Former/ current employee on a closed-end fund ?
    ( I also happen to like Marc Faber's Dragon Capital).
    Nov 17, 2012. 02:26 PM | 1 Like Like |Link to Comment
  • Can They Spare A Penny A Click For International Coverage? [View instapost]
    Dear Mr Johnson

    With all respect, but regarding to your comment at 15 Nov, 06:32 AM, I would recommend reading on The Long Tail (by Chris Anderson).

    http://bit.ly/TITNS1
    Nov 16, 2012. 07:35 PM | 2 Likes Like |Link to Comment
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