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Schumpeter_1

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  • Middle East North Africa Investing Blog [View instapost]
    Pure coincidence,..
    Today, Bloomberg has also posted an article on the upcoming, largest Iraqi IPO ever and largest mideast IPO since 2008. I really read it after I had posted above...

    http://bloom.bg/TURC1c

    Should give Iraqi stock market momentum, as noted by FMG.
    http://bit.ly/Uki857
    Dec 25 08:34 AM | 1 Like Like |Link to Comment
  • Middle East North Africa Investing Blog [View instapost]
    Last November Marc Faber was in Holland for our annual Investor Day. He recommended buying Coca Cola Iraq. According to his October '12 Gloom, Boom and Doom report he doesn't see great value in Asia at the moment, but he does see it in Iraq (page 12). Recommending the Euphrates Fund (min. $ 250,000). Though there is also a Mesopatamia Fund (min $250,000). I wonder whether the latter minmum also holds for the participations listed at ISX itself.

    However, personally I am more attracted towards the FMG Iraq. With a minimum investment amount of $10,000 it seems most appropriate for my financial situation.

    Gloom, Boom en Doom:
    http://bit.ly/TUN6Qg

    Iraqi bussiness:
    http://bit.ly/10ewjge

    FMG Iraq Fund:
    http://bit.ly/TUN4I7

    By the way, for those who seek a broker to buy Coca Cola Iraq => Rabee Securities:
    http://buswk.co/10ewjgk
    Dec 25 08:02 AM | 2 Likes Like |Link to Comment
  • Myanmar Investing Blog [View instapost]
    Thanks for the comment.

    Does the link below work ?
    http://tinyurl.com/c9n...
    Dec 25 07:21 AM | 1 Like Like |Link to Comment
  • Myanmar Investing Blog [View instapost]
    Getting Myanmar exposure:
    http://bit.ly/TmWnE1
    (check the table entirely below)

    Super Group, Yoma and Interra:
    http://bit.ly/12Lh9xT

    Nestle's Myanmar coffee business:
    http://on.ft.com/TmWmjE
    Dec 24 04:06 PM | 1 Like Like |Link to Comment
  • Do Africa Funds Provide Access To African Growth? [View article]
    Once upon a time there was this Millicom International Cellular (MIICF.PK) on a U.S. stock exchange. But it is (going to be) delisted and only maintains its Swedish listing (while the company HQ is in Luxembourg). It covered Chad, Congo, Chad, Mauritius, Rwanda, Senegal and Tanzania, i.e. mainly the niche of French speaking Africa (except Tanzania). It is well-run and stock price has come off this year. But mainly its market dominance in Rwanda attracted me. Rwandan economic development is doing good and envied by its neighbours.

    http://bit.ly/TOzYvL

    Full disclaimer: long Millicom
    Dec 23 01:58 PM | 1 Like Like |Link to Comment
  • Do Africa Funds Provide Access To African Growth? [View article]
    rcpatrick5443

    I would recommend reading the article "11 Africa-Focused Mutual Funds and ETFs" to which the author is referring to. Unfortunately they all have at maximum 25%.
    Dec 23 01:45 PM | 1 Like Like |Link to Comment
  • 11 Africa-Focused Mutual Funds And ETFs [View article]
    Ryan,

    I very much appreciate your contribution and presence at SA !

    Basically I was always having the same preferences, i.e. getting REAL exposure to the rise of an African middle class, without South Africa and the MENA region and without resource companies. Benefiting from a (new) local demand in (real !) African frontier markets by consumer companies. Preferably by locally listed shares.

    Likewise you were performing the same screens like I always tried to perform. (Otherwise i might as well bought an oil/ gold stock or Egypt country fund).
    And I was happy that my preference for the Templeton Frontier Markets (TFMAX) mutual fund was in line with your conclusion, i.e. high in its end ranking & among those top picks it had the widest geographical diversification across Africa.

    But I was even happier to learn from mutual funds like the Nile Pan Africa Fund and Wasatch Frontier Emerging Small Countries Fund, from which I both never did hear of.

    Which fund do you believe has the most hidden gems in its holdings ?
    Such as CFAO in TFMAX before it had a take over bid from Toyota.
    Companies that fly under the radar, because the company itself is not known to the public, they are listed on a less liquid (mostly non-US) stock exchange or their African operations remain largely hidden to a wider audience (e.g. Bollore SA). Or companies that are unique as a pure play to a certain country.
    I mean companies like Massmart (or Wallmart), MTN, Bharti Airtel and the whole array of Nigerian banks are almost standard in any mutual fund focusing upon Africa. As opposed to companies like CFAO, SocFin, Bollore or even Millicom.
    While Kolao, Naga Corp and Yoma in SE-Asia provide unique plays to respectively Laos, Cambodia and Myanmar outside their country borders.

    Many thanks !
    Dec 23 12:34 PM | 2 Likes Like |Link to Comment
  • East & Sub-Saharan Africa Investing Blog [View instapost]
    MTN & Bharti eying Ethiopia:
    http://bit.ly/TO6QVv
    http://bit.ly/YBGHOy
    http://bit.ly/TO6QVx

    The Djibouti-Ethiopia-South Sudan Transport Corridor:
    http://bbc.in/YBGHOF
    http://buswk.co/TO6QVC
    http://bbc.in/YBGHOO
    http://bit.ly/TO6QVJ

    http://on.wsj.com/YBGI56

    (MTN Group is already present in South Sudan. Next's mobile money frontier http://bit.ly/TO6RbZ)
    Dec 23 11:16 AM | 2 Likes Like |Link to Comment
  • East & Sub-Saharan Africa Investing Blog [View instapost]
    Ethiopia the only country, in the list of 15 most populous nations in the world, without a stock market. How to benefit ?
    http://bit.ly/UmM9lI

    BTW,regarding Holland Car(a link above mentioned) ,it already went bust (just a month ago): http://bit.ly/U50ZtD
    Dec 23 09:59 AM | 2 Likes Like |Link to Comment
  • East & Sub-Saharan Africa Investing Blog [View instapost]
    The "Super-Cycle" report by Standard Chartered bank can also be hold against as a background:

    http://bit.ly/ThKAn9

    Though some "predictions" made in 2010 have already proven to be obsolete.
    Dec 23 09:38 AM | 1 Like Like |Link to Comment
  • East & Sub-Saharan Africa Investing Blog [View instapost]
    Neither did I know this "Country of Punt".
    Always learning..
    Dec 23 09:25 AM | 1 Like Like |Link to Comment
  • East & Sub-Saharan Africa Investing Blog [View instapost]
    VB

    I think you are really making some excellent points here. Both on Ethiopia and on Somaliland. It has occurred to me that many, many non-resource companies are moving toward Ethiopia (e.g. Diageo, Visa, Bollore). Economic activity is rapidly increasing. This has much to do with a very large Ethiopian diaspora. Mostly because home remittances. And let us not forget, the country's booming potash industry e.g. Allana Potash (ALLRF.PK).
    Djibouti, a stable country, might be the perfect way to play Ethiopia.

    And Somaliland might be an excellent way to play Somalia. It is absolutely non-comparable to Somalia itself: http://bit.ly/ThIlA1

    I would strongly recommend checking the related BBC TV-series "Indian Ocean with Simon Reeve" in which he travels from Somalia to Somaliland (series also include Sri Lanka and Bangladesh in a different episode)... If not alone, for the wheelbarrow full of dough.


    Ethiopian diaspora and business:
    http://on.ft.com/Tfa3yJ
    http://bit.ly/ThImnR
    http://bit.ly/Tfa3yL

    http://bit.ly/ThImE7
    http://bit.ly/Tfa3yN

    http://bit.ly/ThImEd

    http://bit.ly/ThImEe

    http://bit.ly/Tfa3yP

    http://bit.ly/ThIlA2

    http://bit.ly/Tfa3yT
    http://bit.ly/ThIlA3

    http://on.ft.com/Tfa3P6
    Dec 23 09:20 AM | 2 Likes Like |Link to Comment
  • East & Sub-Saharan Africa Investing Blog [View instapost]
    Sorry to bother you guys again, but ...I have another link to some condensed country reports made by the Rabobank
    (i.e. reports on Ghana, Nigeria, Tanzania, Rwanda, Angola, Botswana, South Africa, Cameroon). They are quite recent, i.e. Ghana report is from August 23, 2012

    Just filter "Country Reports", then "Africa".

    http://bit.ly/UYQ58N

    By the way, there are also country reports on Mongolia (Sept 2012) and Sri Lanka (two versions: Sept 2012 and Jan 2010), Bangladesh and the Maghreb region (Algeria, Marocco).

    The BBC World Newsalso seems to do a god job with their country profiles. They are all updated quite regularly:
    http://bbc.in/UYRDQ7
    Dec 22 08:21 AM | 2 Likes Like |Link to Comment
  • East & Sub-Saharan Africa Investing Blog [View instapost]
    Indeed they have a "track record" on tourism and their port of Dar es Salaam seems very popular with port terminal operators. But currently there some things that are becoming burdensome to business :

    http://on.ft.com/Vc73nq
    http://on.ft.com/VY4oKM

    http://on.ft.com/UQiq1G

    Tanzanians like taxes:
    http://on.ft.com/VY4oKQ
    Dec 22 07:59 AM | 2 Likes Like |Link to Comment
  • East & Sub-Saharan Africa Investing Blog [View instapost]
    A few links on the East African oil, incl. stock ratings:

    http://on.ft.com/UQioqI

    http://bit.ly/YxknFL

    http://bit.ly/UQioGY

    http://bit.ly/YxkpgT

    http://on.ft.com/UQiq1G

    http://reut.rs/YxknFT

    http://bit.ly/UQiq1K

    http://on.wsj.com/YxkpgZ

    http://reut.rs/UQiq1L

    http://bit.ly/Yxkph1

    http://bit.ly/UQiq1M

    http://bit.ly/Yxkph9

    http://bloom.bg/UQioHe

    Ophir Energy:
    http://bit.ly/YxknFY
    http://on.ft.com/UQioHh
    http://on.ft.com/Yxkpxy
    Dec 22 07:30 AM | 3 Likes Like |Link to Comment
COMMENTS STATS
211 Comments
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