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 […]
Safety in Reits? Don’t count on it:Analysts
I’m bringing you this article that caught my attention on the business times. Certainly for dividend investors the opportunity in REITs have been getting good these few months with some REIT having yields up to 9-10%.
While searching for top yielders are important, it is worthwhile to choose based on growth prospects and value prospects as […]
Dividend Idea: SBS Transit - Aberdeen AM Purchase
Aberdeen Asset Management have always been known more for their value investing like style of choosing companies so it is interesting that I saw that they got vested in SBS Transit at SGD2.20.
SBS Transit have fallen quite a fair bit due to fuel cost and possible increase in operation cost.
Could it be that Aberdeen sees […]
Dividend Idea: SATS - Singapore Airport Terminal Services
Airline Ground Services and Inflight solutions provider have really taken a beating together with SIA Engineering and ST Engineering.
What is common between the 3 of them? A high possibility that sentiments are against them due to the slowing of US economy and demand for air travel and maintenance.
However, i think as a long term investor […]
SPC: Singapore Petroleum Corporation second quarter results
Just got wind from Maki that SPC have just released their second quarter results. so how did they fair?
Revenue Growth was 64%
However, net profit grow by only 0.5%
Compare to previous year cash position was drastically reduced to 290 mil from 475 mil
However, what has increased are derivative instruments from 7 mil to 64 mil
Increase in […]
5 Big Winners in the banking crisis
In trouble times in one sector, there is bound to be losers. Likewise, there will be the winners, the sharks that take advantage of others’ pitiful plight to consolidate and expand their position. Such is the nature of business. Jubak here writes on 5 of the most likely winners.
Where there are losers, there are going […]
Charlie Rose: Interview with Mohamed El-Erian
Its the start of another work week! And i got news that another business unit had twice as much pay increment as i have!
Short of spreading much depressing news, i prefer to stick to more constructive things and i came accross this video on an interview with Mohamed El-Erian. Who is he? he is the […]
MID Device:Probably the next gen in consumer products
We have seen PDA. We have seen audio playing device. And of course we have seen the ultimate mobile entertainment device in those MP4 players. The trend now have set the stage for UMPC to try their luck to see if they will be the latest shift in mobile device.
One thing is for certain. Other […]
