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Schumpeter_1

Schumpeter_1
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  • Sri Lanka Investing Blog [View instapost]
    Abandoned?
    I wouldn't bet on it....
    Coincidentally I was just yesterday checking on those Unit Investment Trusts. Quite an opaque area, isn't it ?
    Or am I looking at wrong places? Can't find any details on holdings or semi(-annual) reports of these Trusts. Can't even find which companies there are in the "Top 10 index" (i.e. Ceylon Index Fund).

    By the way, quite an impressive amount of "likes" on your comments in the Lankan blog. Many followers on the subject.
    Dec 27 04:28 PM | 7 Likes Like |Link to Comment
  • Sri Lanka's Investment Story Now [View article]
    Hi Marketwinner

    Nice to meet you. Seems like I share many interests, passions and enthusiasm with you. (As Jon can testify.. )

    Though quite a few things continue to worry me.
    Foremost the fact that Frontier Markets (FM) seem to lose their status as "contrarian" play. Stock values have sky-rocketed (Nagacorp, Kolao, Bolore SA, Yoma, Super Group, Viz Brands, First REIT), M&A has intensified (Portek International, CFAO) and there is this ever increasing pile of mutual funds and thickening investor reports on FM created by financial institutions.
    I like to fly under the radar. Before being spotted by big banks and asset managers.

    I also do not like the worldwide "consensus" on inflation (= glut of liquidity driving Frontier Markets). Does not feel right to me, as a true contrarian.
    Likewise I do not like the notion of "China as an engine to global economy", which is heard everywhere and which MUST drive all FM growth-stories. It feels like there is a kind-a-like of Vietnam crisis for China in-the-make: an oversupply of real-estate, bad loans, etc.=> not very beneficial to FM.

    Hope I will meet you with other SA contributions made by Jon.
    Feb 8 02:48 PM | 6 Likes Like |Link to Comment
  • Sri Lanka Investing Blog [View instapost]
    Thanks !
    Dec 31 03:45 AM | 6 Likes Like |Link to Comment
  • Mongolia Investment Climate At The Moment: Uh-Oh [View article]
    Reader500

    I appreciate your thought. But I could imagine that the author is not disclosing his information resources because of a career risk for the persons involved.
    Nov 12 04:52 PM | 6 Likes Like |Link to Comment
  • Sri Lanka Investing Blog [View instapost]
    Jon

    Haven't read the report myself in full, but there is a recent Credit Suisse report on Cambodia, Laos, Myanmar and Vietnam:

    http://bit.ly/RNxVW6

    Subsequently with a link to a list of Thai firms that are benefiting:
    http://bit.ly/VvEzXa
    Nov 5 06:07 PM | 6 Likes Like |Link to Comment
  • Sri Lanka Investing Blog [View instapost]
    There is indeed support of a (changing) unfavorable investment climate in Tanzania:
    http://on.ft.com/SJ1M5h

    By the way, this may be a nice background article on Sub-Sahara Africa: http://bit.ly/VOPYwB
    Nov 5 05:46 PM | 6 Likes Like |Link to Comment
  • Sri Lanka Investing Blog [View instapost]
    Nice website to keep up with foreign buying on Sri Lankan stock exchange. Daily reviews on foreign in-and outflows on individual stock level:
    http://bit.ly/14hIPvK
    Jun 29 07:11 PM | 5 Likes Like |Link to Comment
  • Central & West Africa Blog [View instapost]
    For those willing to invest in Ivory Coast (logistics) via the Paris stock exchange =>

    Milat:
    http://reut.rs/YNCRwp

    or somewhat related,

    http://reut.rs/12uvBxJ
    (which also has a Pink Sheet listing)
    Mar 6 01:57 PM | 5 Likes Like |Link to Comment
  • Sri Lanka Investing Blog [View instapost]
    Jon

    I have also somewhat related. Vimpelcom is selling it's African and Asia assets, i.e. Cambodia, Laos, Zimbabwe, Burundi and the Central African Republic.

    It may be fruitful to follow who is/ are going to be the buyer(s).

    http://reut.rs/RMaE8N
    Nov 9 04:00 AM | 5 Likes Like |Link to Comment
  • Sri Lanka Investing Blog [View instapost]
    Jon

    Great initiative !

    Perhaps you can read this article below. It is about a 24yr old Dutch graduate who started his career as a equity analist with TKS Securities at the Colombo Stock Exchange. It is in Dutch but of course you can easily translate it online.

    If not, I can always easily translate it for you.

    http://bit.ly/W9mH4t
    Oct 14 03:08 PM | 5 Likes Like |Link to Comment
  • Sri Lanka Investing Blog [View instapost]
    Off topic....but since there is no corresponding Investing Blog....
    How to play the opening-up of North Korea ?

    South-Korea listed companies
    http://bloom.bg/15jMc6q

    Mongolia
    http://bit.ly/15jMc6t
    Jul 5 04:44 AM | 4 Likes Like |Link to Comment
  • Sri Lanka's Investment Story Now [View article]
    I also feel kind a discomfort with the notion of "China's century", like Jim Rogers is doing = "move to China, learn Chinese" and so on. Although I am quite young (32 yr) I heard from retired brokers it was the same with Japan late 80s. They told me because I was also one of these China proclaimers.

    But still I believe in Frontier Markets, ...long term.
    Feb 10 06:40 AM | 4 Likes Like |Link to Comment
  • East & Sub-Saharan Africa Investing Blog [View instapost]
    Off the record....did I ever told anyone that I fell in Congo River 50 meters a way from a couple of hippo's, while trying to follow an elephant herd. It actually has a strong current. Talking about in-depth market research...
    Jan 20 03:23 AM | 4 Likes Like |Link to Comment
  • East & Sub-Saharan Africa Investing Blog [View instapost]
    Would be very interesting if somebody here on SA could give a closer look on the Advance Frontier Markets Fund, a London listed closed-end fund with a 13.5% discount. Fund of funds dedicating approx 35% to Africa and 9% to cash.
    http://bit.ly/13oBTwJ

    Africa 34.6%
    Botswana 0.8%
    Dem. Rep. of Congo 0.9%
    Egypt 1.8%
    Ghana 1.3%
    Ivory Coast 0.9%
    Kenya 1.6%
    Mauritius 1.5%
    Morocco 0.2%
    Namibia 0.5%
    Nigeria 9.9%
    Senegal 1.5%
    South Africa 2.1%
    Tanzania 0.3%
    Tunisia 1.7%
    Zambia 4.3%
    Zimbabwe 2.4%
    Other Africa 2.9%

    Update November:
    http://bit.ly/13oCDli
    Jan 12 10:03 AM | 4 Likes Like |Link to Comment
  • Sri Lanka Investing Blog [View instapost]
    Jon,

    I imagine you (also) already took note of the fact that Sri Lanka is Leopard Capital's largest allocation (20,4%) in its Asia Frontier Fund ?
    i.e. Asian Frontier Markets incl. Vietnam.
    Nov 12 11:33 AM | 4 Likes Like |Link to Comment
COMMENTS STATS
187 Comments
70 Likes