Thursday, January 24, 2013

Bank of America (BAC.NYSE) - Buy & Hold for long term

What happen to global subprime mortgage crisis is over now. The recovery is on-going. We will see a strong recovery in US housing market in coming months and strong bull market in China/HongKong.

24/1/2013 : Buy BAC
Reason: Undervalued US Bank Stock, which trading at low P/B ratio.

Tuesday, January 22, 2013

FDI hits new high in Indonesia - That's why no indoneisan workers in Malaysia construction sector nowadays

JAKARTA, Indonesia—Foreign direct investment in Indonesia hit a new high in the fourth quarter, as a growing middle class continued to attract companies to the country.

"Unfavorable situations in Europe and the U.S. have encouraged investors to come to Indonesia," Chatib Basri, chairman of the government's Investment Coordinating Board, said Tuesday at a news conference announcing the FDI figures.

In the last quarter of 2012, Indonesia's foreign direct investment rose 22.9% from a year earlier to 56.8 trillion rupiah ($5.9 billion), according to data from the investment board. The previous record, 56.6 trillion rupiah, was set ...