Tripadvisor : The Largest Travel Site in the World

Plan and have your perfect trip with TripAdvisor, the world's largest travel site. Browse over 100 million candid reviews, opinions, and photos of hotels, restaurants, attractions, and more - all by travelers like you. You'll also find low airfares, free travel guides, worldwide vacation rental listings, popular forums with advice about virtually every destination, and more. No wonder so many travelers make TripAdvisor their first stop before every trip.

http://www.tripadvisor.com/


Special Situation Porfolio added this counter as watchlist. We will do more research on this company.

15 Aug 2013 : It's time to exit Gold Investment

After a glitch that delayed their release, a flood of 13F filings, which tell us what hedge funds were holding at the end of the last quarter, poured in Wednesday afternoon.

John Paulson was an early highlight, with his fund cutting more than half of its position in the SPDR Gold Trust GLD . This after the billionaire manager stood by his gold-backed exchanged-traded fund for several quarters.

His exit coincided with unprecedented gold ETF outflows in the second quarter. Net outflows reached $18.5 billion in the period between end of March through June, marking the biggest quarterly sell-off since the first gold ETF was launched in 2003.

Paulson also offed holdings in Barrick Gold ABX and held tight to holdings in Agnico Eagle Mines AEM , Allied Nevada Gold ANV and Iamgold IAG . Paulson added to its stake in Freeport-McMoRan Copper & Gold FCX .

Elsewhere, George Soros also took part in the massive gold ETF exodus, dumping nearly 531,000 shares of the SPDR Gold Trust while more than doubling his relatively small Apple AAPL position.

Source : http://www.marketwatch.com/story/soros-buys-jc-penney-apple-dumps-spdr-gold-2013-08-14

Special Situation Blog encourage reader to stay away from gold now.

Plantation Stocks in Malaysia, Singapore, Indonesia

Special Situation expects the Plantation Stock (Palm Oil)s are going to downgrade in coming months.


Stay alert during this period.


Thanks.

PureGreenTeas.com : Offer the best Japanese Green Tea for everyone....

http://puregreenteas.com

For any readers on this blog, you can get 10% discount voucher on your order.

Forward your receipt to support@puregreenteas.com with title "Special Situation". We will send you the 10% discount voucher.

Portfolio Update : Reduced position in AIG

11 June 2013 - Sold out 50% of position in AIG to lock profits.


Reason: Expect the federal reserve to raise the interest gradually on coming months.

AirAsia X Berhad - IPO

Details :
Offer/Issue Price : RM1.45
Closing Date : 19 June 2013
Listing Date : 10 July 2013



Company Profile:
AirAsia X is a long-haul, budget airline based in Malaysia. The airline is operated by AirAsia X Sdn. Bhd. (previously known as FlyAsianXpress Sdn. Bhd.). It commenced operations on 2 November 2007. Its first service flew from Kuala Lumpur International Airport, Malaysia, to Gold Coast Airport in Australia. AirAsia X flies to destinations within Asia and Oceania. The airline operates a fleet of 11 aircraft and has placed orders for more.

AirAsia X is the international operation of the brand AirAsia, which is Asia's largest low-cost carrier. The franchise is able to keep costs down by using a common ticketing system, aircraft livery, employee uniforms, and management style.AirAsia X is also affiliated with Virgin Group and Air Canada.

Shareholders
The entrance of two new major investors has given the company financial aid for future expansion plans.
As of 14 February 2008, 48% of AirAsia X is owned by Aero Ventures; a venture of Tony Fernandes and other prominent Malaysians, as well as Air Canada's Robert Milton. Virgin Group own 16% and a further 16% is owned by AirAsia. Bahrain-based Manara Consortium, and Japan-based Orix Corp have taken a 20% stake in AirAsia X for RM250 million.

Foreign funds net sellers of RM523.9m of Malaysian equities

KUALA LUMPUR: Foreign selling on Bursa Malaysia extended into the week ended June 7, which was the second consecutive week, where they were net sellers of RM523.90mil in Malaysian equities, says MIDF Equities Research.

more...