Vietnam Economy News : Trade Surplus in January 2013

Vietnam: Trade surplus narrowed in January on import rebound. Exports exceeded imports by USD 200m in January, after a revised USD 498m in December, according to preliminary figures released by the General Statistics Office in Hanoi. (Source: Bloomberg)

APPLE Quartuerly Results

Apple (AAPL -12.35% to $450.5) reported 1Q EPS of $13.81 ($13.53 expected) compared to $13.87 a year ago on revenue of $54.51B, up 17.7% YoY. Gross margin was 38.6% vs 44.7% in the same period a year ago. The Co sees its 2Q revenue between $41B and $43B ($45.3B average consensus) with a gross margin between 37.5% and 38.5% (40.4% average consensus). Apple also declared a cash dividend of $2.65 per share payable on February 14, 2013. Trading volume was above the 20d average.

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.

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 ...

Gold Bullion Vault - Periodic Table of Videos

Public Mutual Funds : A good fund manager?

I bought Public Mutual China Select Fund since a few years ago.


Noticed that this fund is somehow, not performing because of lousy fund allocation. For me, they should not charge for management fee because the fund manager is extremely lousy.

Marc Faber : prostitutes and beer are the only products still produced in the US

Marc Faber : "The federal government is sending each of us a $600 rebate. If we spend that money at Wal-Mart, the money goes to China. If we spend it on gasoline it goes to the Arabs. If we buy a computer, it will go to India. If we purchase fruits and vegetables it will go to Mexico, Honduras and Guatemala . If we purchase a good car, it will go to Germany and Japan. If we purchase useless crap, it will go to Taiwan. In short, none of it will help the American economy. The only way to keep that money here at home is to spend it on prostitutes and beer, since these are the only products still produced in the US . I’ve been doing my part....."