C&G Industrial: discontinuation in the Industrial Application Differentiated Polyester Short Fibre Project
This is some sort of a profit guidance for C&G Industrial as well. We will be expecting a much much lower cashflow next quarter. We do hope it is at least positive. I do applaud them for making this move, rather than not be reactive and not control cost and capacity requirements.
A 9.3 mil expense […]
Jim Rogers: Commodities still the way to go
What is your view on global economy and inflation?
The world economy is in recession and the inflation is going to stay here, it is going to get worse. Some countries lie about it. But, inflation in all countries is going to get worse. The next decade is going to see lot more inflation, which is […]
GTD with Google Chrome and AutoHotKey
This is a Lounge post aside from the usual investment offerings that i usually come up with. I feel that it really has added benefits when Google launch their web browser this week called Google Chrome.
An added benefit of it is the tight integration of Google Gears into it.This i would think will translate to […]
Sarin Technologies Quarter Report
This is the most unexpected good results that i have gotten. I would expect the diamond industry to be weaker due to weak US consumption but it is fortunate that Sarin did produce a good set of results.
Revenue was 21% better than last year the same quarter
Profit was 43% better than last year
Cost on R&D […]
George Soros: Distress buying of mining companies
According to the mining investment news site Mineweb, billionaire investor and philanthropist George Soros was significantly active in the mining sector last quarter. Mineweb’s Dorothy Kosich wrote earlier today:
Über investor George Soros stocked up on potash mining shares during the second quarter, increased his Freeport-McMoRan Copper & Gold holdings by more than 1,600%, invested in […]
Exclusive Interview: Jim Rogers Predicts Bigger Financial Shocks Loom, Fueling a Malaise That May Last for Years
[The First of Two Parts.]
Keith Fitz-Gerald
Investment Director
Money Morning/The Money Map Report
VANCOUVER, B.C. – The U.S. financial crisis has cut so deep – and the government has taken on so much debt in misguided attempts to bail out such companies as Fannie Mae (FNM) and Freddie Mac (FRE) – that even larger financial shocks […]
Barrick Gold Becomes An Oil Producer?
Barrick’s bid to acquire Cadence Energy surprised me at first. After all, Barrick is a gold miner, right?
The nature of the bid was surprisingly local. Cadence is a small oil driller; we’re talking tiny. They produce 3,600 barrels of oil a day. I mean, why bother? The short answer is this: Barrick is thinking globally, […]
What’s Wrong With Gold Stocks?
Earlier this year (”Gold Stocks Pay Off“), it seemed like the stars had lined up for gold stock investors. Gold equities looked cheap relative to bullion in mid-March, at least on the basis of the GLD/GDX ratio. The ratio, representing the price multiple of the SPDR Gold Shares Trust (NYSE: GLD) over the Market Vectors […]
Preventing Investment Mistakes: Ten Risk Minimizers
Most investment mistakes are caused by basic misunderstandings of the securities markets and by invalid performance expectations. The markets move in totally unpredictable cyclical patterns of varying duration and amplitude. Evaluating the performance of the two major classes of investment securities needs to be done separately because they are owned for differing purposes. Stock […]
Public Sector Salaries In Illinois
Ok! this is interesting. I have came across many articles during this 2 weeks about California and some states in US slashing public sector’s wages. While i am neutral on why the need to do that, this article gives me a glimpse of why they are all running budget deficits.
Let’s take a look at some […]
