Thursday, January 13, 2011
FACEBOOK IPO
Facebook has taken over the world as the social networking giant since its launch in 2004. CEO and founder Mark Zuckerberg is now a billionaire on paper and recent funding of $500 million from Goldman Sachs Group Inc. (NYSE: GS) put the valuation at a staggering $50 billion. Suddenly, the Microsoft Corporation (NASDAQ: MSFT) investment of $240 million for a 1.6% stake and about $15 billion valuation seems like a steal. Zuckerberg has said an IPO will be inevitable, but the time frame is ‘later,’ and he has tried to keep the act up that Facebook will not file for an IPO this year. The SEC is inquiring about its sales of shares for insiders and over its finances due to the number of holders; the SEC requires companies with 500 or more shareholders to make financial filings almost the same as if they were a public company. In the end, whether Zuckerberg wants to have it public or not, you could argue that Facebook is already partly public.
(Source : http://247wallst.com/2011/01/12/the-greatest-ipos-to-watch-in-2011-17-greats-and-then-some/)
Friday, January 7, 2011
Saturday, January 1, 2011
What is a CFD?
A CFD ( Contract For Difference) is an agreement to exchange the difference in value of a particular share between the time at wich a contract is opened and the time at which it is closed.
There're 2 top CFD providers in Singapore :
1) IG Markets ( http://www.igmarkets.com.sg/)
2) CMC Markets ( http://www.cmcmarkets.com.sg/ )
I have both accounts. I personally prefer IG Markets, where it provides the best user-friendly trading platform with cheap transaction fee.
Long/Short Strategy :-
With CFDs you can buy or sell at the quoted price, to profit from rising or falling markets. Other methods of shorting shares are often inconvenient and expensive.
Advice :-
Geared products like CFDs can help you make the most effective use of your investment capital, but it is important to appreciate that the amount you could lose relative to your initial investment is greater for geared products than for non-geared products.
There're 2 top CFD providers in Singapore :
1) IG Markets ( http://www.igmarkets.com.sg/)
2) CMC Markets ( http://www.cmcmarkets.com.sg/ )
I have both accounts. I personally prefer IG Markets, where it provides the best user-friendly trading platform with cheap transaction fee.
Long/Short Strategy :-
With CFDs you can buy or sell at the quoted price, to profit from rising or falling markets. Other methods of shorting shares are often inconvenient and expensive.
Advice :-
Geared products like CFDs can help you make the most effective use of your investment capital, but it is important to appreciate that the amount you could lose relative to your initial investment is greater for geared products than for non-geared products.
Happy New Year 2011 to all Readers in my special situation investment blog
Thanks for reading. Wish all the best for you !
Tuesday, December 28, 2010
Wednesday, December 22, 2010
Wilmar International :Foray Into China’s Real Estate Business
Wilmar International has entered into a master JV agreement with Kerry Properties Ltd and Shangri-la Asia for real estate development, operation, sale, leasing, property management and hotel development, operation and management in Bayuquan, Yingkou City in China’s Liaoning Province. The JV parties have successfully bid for three sites totaling 200k square metres in Bayuguan for USD36m. The total project cost is estimated at USD386m, of which Wilmar’s portion is USD134m by virtue of the group’s 35% stake in the venture.
Comments
We are negative on Wilmar’s entry into the property market. The investment amount of USD134m is small relative to the size of Wilmar’s balance sheet, which boasts of shareholders funds of USD11.5bn, and we have no doubt about the eventual profitability of the project given Kerry Properties and Shangri-la’s knowledge of the property market.
Nevertheless, the entry into the real estate business represents Wilmar’s first ever deviation from its core agribusiness. In the past several years, all of Wilmar’s expansions have been in related businesses such as sugar, rice, flour and mineral water, which leverage on its vast distribution network. We fear this foray into property could mark the start of Wilmar’s loss of business focus and corporate discipline, and do not think that this venture will be well received by the market.
We are maintaining our Buy call, however, as we view Wilmar as being inexpensive at 13.5x CY11 earnings.
Comments
We are negative on Wilmar’s entry into the property market. The investment amount of USD134m is small relative to the size of Wilmar’s balance sheet, which boasts of shareholders funds of USD11.5bn, and we have no doubt about the eventual profitability of the project given Kerry Properties and Shangri-la’s knowledge of the property market.
Nevertheless, the entry into the real estate business represents Wilmar’s first ever deviation from its core agribusiness. In the past several years, all of Wilmar’s expansions have been in related businesses such as sugar, rice, flour and mineral water, which leverage on its vast distribution network. We fear this foray into property could mark the start of Wilmar’s loss of business focus and corporate discipline, and do not think that this venture will be well received by the market.
We are maintaining our Buy call, however, as we view Wilmar as being inexpensive at 13.5x CY11 earnings.
Friday, December 17, 2010
Investment Job : Looking for Stock Market Trader in Penang
US STOCK TRADER ~ US MARKET TRADERS
First to offer in penang island, looking for a few US stock market traders age( 20-25), working hour (9:30pm-5am, follow US trading hour), allowance+profit sharing, unlimited income opportunity, min must have business diploma and above, excellent keyboard skill is essential, contact Chin 6019-448-7677, chinway@pd.jaring.my
First to offer in penang island, looking for a few US stock market traders age( 20-25), working hour (9:30pm-5am, follow US trading hour), allowance+profit sharing, unlimited income opportunity, min must have business diploma and above, excellent keyboard skill is essential, contact Chin 6019-448-7677, chinway@pd.jaring.my
Subscribe to:
Posts (Atom)
