Seeking Alpha

masterpanda

masterpanda
Send Message
View as an RSS Feed
View masterpanda's Comments BY TICKER:
Latest  |  Highest rated
  • Only 3 weeks after falling on an earnings miss, Apple (AAPL +1.1%) is trading near its highs. Today's gains come with the help of Jefferies' coverage launch, and in spite of a report China Unicom (CHU) is thinking about ending iPhone subsidies. This isn't as big of a deal in China, where a large chunk of iPhone purchases are unsubsidized, as it is in the U.S., but could still have some impact on sales. The report follows one earlier this month claiming Unicom is thinking of slashing low-end Android subsidies. [View news story]
    Unicom remains a big disappointment, condemned to incompetent and negligent--featuring s l o w decisions, if any are made--out into the future. I am sorry I bought it.
    Aug 17 12:18 PM | Likes Like |Link to Comment
  • China Unicom (CHU) -3.7% in Hong Kong trading after announcing it added a net 2.73M 3G subscribers in May, a 6.6% decrease in subscriber growth from April. Analysts attributed the results to weaker consumer spending. The news prompted BofA to cut the company’s 2012 net income forecast by 18%.  [View news story]
    Stock remains major POS for me, but I am going to hold it over the long slog so I can avoid taking a loss. On a side note: is there anything about equity analysis at B Of A that suggests it is anything other than the low quality of many of the bank's operations and products?
    Jun 20 07:46 AM | Likes Like |Link to Comment
  • Spain's heavily indebted Telefonica (TEF) inks a deal to raise about €1.1B in cash by selling half of its shares in China Unicom (CHU) back to the company. Telefonica will retain a 5% stake in the Chinese operator and says it remains committed to the two's "strategic alliance."  [View news story]
    CHU remains a dog. (Bow wow). I can't help but think the same miscreants who pump the stock up and down for suckers in HK and Shanghai have faithful and loyal relatives in New York to play other suckers withe ADR. On its merits, the stock has little going for it--that is, pans out, as opposed to the front-end claims. Who sees something on horizon to raise the price of the stuck for verifiable, legitimate reasons.
    Jun 10 10:51 PM | Likes Like |Link to Comment
  • China Mobile (CHA +1.8%) trades higher on an upgrade to Outperform from Credit Suisse, which sees strong 3G uptake in "Tier 2" Chinese cities leading to double-digit revenue growth for the country's carriers. CS notes 2/3 of China's net adds since April '11 have involved 3G, leading its penetration rate to grow to 15.6% of phones, and that 3G subs tend to sport higher ARPUs. Outperforms are reiterated for China Mobile (CHL) and China Unicom (CHU - previous).  [View news story]
    I used to have China Mobile--the actual H shares in Hong Kong--and had to wait too long to break even (it sank of course after I had bought it). I thought I understood that CHU--the NYSE ADR for China Unicom--had some advantages in the market, and bought that. What a mistake. It is obvious that some manipulative traders pump and then dump the ADR in New York--over and over. I am down a few thousand and may bag it as there seems no way to break this cycle. I have had it with all my Chinese stocks--and I did not buy junk or the banks or the gamey IT companies. This is not for me.
    May 22 04:51 PM | Likes Like |Link to Comment
  • Dividend Investor's Look Under The Hood At Global X China Financials ETF (CHIX) [View article]
    A great explication of this doggy (bow-wow) fund. I owned it last year and it stank (stunk). Assets were/are in single-digit millions. There were days with nary a trade, or on big days, you needed, perhaps, both hands, or even your tows. Thinly traded, low-asset funds are a pox. The fund company is providing a real service with its small-slice funds in various interesting countries, but this fund remains a tremendous, and mostly disappointing, crapshoot. Kudos to Mr. Shaw for peeling back the barriers and telling us about what is in the fund. No one is going to make out with Chinese banks for the foreseeable future. Note the recent blistering criticism from Wen, who said they all have to be restructured and modernized.
    Apr 28 12:06 PM | 1 Like Like |Link to Comment
  • Andy Stern On China With A Little Philosophy On Top [View article]
    Incredible hooey and claptrap, eh?
    Dec 4 04:00 PM | Likes Like |Link to Comment
  • Profiting From China's Growth With Sector And Macro Bets - An Interview With China Expert Shaun Rein, Part II [View article]
    What about the difference between coastal-based, large traditional companies, and the much faster growing ones in the western hinterlands, such as Sichuan (Chengdu) and the centrally controlled city of Chong Jing. I am interested in finding good investments in these areas, but the sources are really few and far between. Any ideas?
    Dec 3 09:55 AM | Likes Like |Link to Comment
  • An All ETF Portfolio? Part 2 [View article]
    With all due respect, there is an excess of wishy-washiness in this author's reply. Yes, thin volume does not equal pinched liquidity, but it does mean that people don't buy these pigs, which throws off their pricing. I made a little money in a couple and lost in another (as an investor, not a trader), but experienced a spooky feeling when two of them had zero volumes on some days.
    Nov 23 08:10 AM | Likes Like |Link to Comment
  • An All ETF Portfolio? Part 2 [View article]
    Why would you ever select Global's China funds--their low volumes, low assets, and questionable tracking with constituent stocks and robust China funds raises red flags, no?
    Nov 20 10:48 AM | Likes Like |Link to Comment
  • Global X, ProShares File For 2 New ETFs [View article]
    I owned there of the Global China funds for a while. I got tired of the incredibly low volumes--sometimes zero--and the very low asset values of each fund, e.g., ~ 5 mil. The exp ratio was far too high for this kind of posture, and the ETFs did not track well with major moves in the sectors concerned, only in the most general way. I would be careful.
    Nov 20 10:39 AM | Likes Like |Link to Comment
  • Will Sirius XM Go The Way Of Netflix? [View article]
    Sirius XM, which I used to own--and made modest profits on, long ago--was founded by greedy wastrels who plundered the company and fed themselves. Ridiculous expenditure for programming, lousy customer-facing systems. They need competition badly, even since the merger of the two limp, lame companies. They will certainly fail. I have them in one car, but have terminated four other subscriptions as not worth it.
    Nov 2 08:47 PM | 1 Like Like |Link to Comment
  • Macau Gaming Stocks: Room to Grow [View article]
    Old China Hand, but just getting around to Macau gambling investment. (A funky place when I was there in the 80's; though I travel thru HK frequently, have not gone to Macau in recent decades.)

    What is the smartest way to buy these stocks (forget about relative commissions and other costs of trading for the moment)? I am concerned with liquidity and price movements.

    Should I hold Galaxy, for example, as a

    US OTC shares
    ADRs on the NYSE
    Directly on the HKSE?
    Apr 24 11:07 AM | Likes Like |Link to Comment
  • Major Oil Companies' Exposure to Libya [View article]
    All those w current interests, including PetroC and Marathon, will be grappling w the composition of the Libyan "opposition." 33K Chinese oil workers left a couple of weeks ago. They will want to come back, but the situation will be complex and actually less predictable than with Qaddafi. Note that China and the rest of the BRICs and Germany abstained in the Security Council. China will be forced to pick a side or faction at some point.
    Mar 20 11:32 AM | 4 Likes Like |Link to Comment
COMMENTS STATS
13 Comments
6 Likes