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Showing posts from November, 2013

Another Shrimp On The Barbie ......

Scenes from Sydney ...



Probably can't get this book in KL .... shots of sports personalities in compromising positions ... Mourinho getting a quickie from Lampard



Hmmm ... a hard to get book in Dymocks



The lovely Strand Arcade preparing for Christmas ... below, the Sydney Tower, good to look at but don't waste your money going up there.


 The secluded Clovelly Beach near Coogee ....


 View from Star City
 This is LOL funny ... its a shares portfolio ranking with experts (finance journalists and analysts plus fund managers) ... guess who's out in front ... the fucking Dartboard!!!
 Something about great OZ beef in good Vietnamese pho



Not A Bad Idea

Pretty good idea .... no unnecessary obstruction ...


Renminbi Going International & Gaining Traction In Acceptance

It is safe to say that if you have a very liquid portfolio of assets, its wise to put a substantial sum in renminbi deposits or quality renminbi bonds. Before China’s renminbi (RMB) can challenge the dollar, it first needs to be freely available for trade and investment. By internationalising renminbi through offshore financial markets, China is introducing openness and transparency while retaining greater controls over its home market and capital account.



This process has started in some Asian countries and is spreading quickly to other parts of the world.

Bilateral trade between China and the Southeast Asian economic bloc reached a record high of USD400.9 billion in 2012, a year-on-year increase of 10.2 per cent. China is increasingly “near-sourcing” raw materials, components and finished products from within Asia. Trade between these two huge markets will continue to grow and if a sizable proportion of an emerging-market country’s trade is with China, it can make sense to settle that…

Special Discounted Airfares From Qatar Airways For 3 Days Only

Asset Class Returns as at 31 October 2013

There was minimal turbulence in asset prices in October. Aside from commodities, the major asset classes posted another solid batch of gains, building on September’s bull run. The Global Market Index (GMI) posted a 2.8% increase last month, leaving it higher on the year by a solid 12.0%. Equities in emerging markets continued to revive in October, delivering a strong 4.9% gain that led the way among the major asset classes for the month. The pop was enough to give these stocks a small gain on a year-to-date basis and reverse most of the losses that had accumulated during a sharp correction in the spring and early summer. Meantime, commodities broadly defined are still bumping around the bottom of the performance ledger, shedding 1.5% last month. This is highly revealing as commodities stuck out like a sore thumb. Methinks it has to do with USD rebalancing. The QE effect clearly has not gone into "new investments or new economic activity", thus the demand for commodities has re…

Twitter, Too Much Froth

I am not a tech-bashing person. I really liked Facebook and still do as I have had that in my portfolio with Marketocracy. I even had a trade with Linked In for a while. Now, Twitter is very frothy. The stock rose to $44.90 at the close in New York from the initial public offering price of $26, delivering the biggest one-day pop for an IPO that raised more than $1 billion since Alibaba.com Ltd. debuted in 2007, according to data compiled by Bloomberg. Twitter sold 70 million shares, raising $1.82 billion. What Twitter did correctly, which Facebook did not .... leave some upside for investors, do not max out your IPO valuations. But the froth in Twitter is mainly speculation as many of the original pre IPO shareholders still have moratoriums on their shares. I mean seriously, Twitter is more expensive than Facebook!!!!??? The San Francisco-based company, which is unprofitable and has one-fifth as many users as Facebook, is benefiting from investors’ thirst for companies that will grow qu…