Tuesday, June 7, 2011
Monday, June 6, 2011
Global Funds Flow for next decade
Funds I presume that would usually find it's way into the equities Mkt.
With central banks decreasing money supply, and whatever is left is
channeled into tangible projects, only means less for equities,
if the funds don't actually flow out of equities into infrastructure.
I see funds going to
New Market : Arab World Renaissance
New Resources Mkt : Middle East, Africa, Asia
Global infrastructure repairs : Developed countries, including Australia
Emerging Mkt : China & India
http://online.wsj.com/article/SB10001424052702304432304576368521966678838.html?mod=googlenews_wsj
Africa : Like China 20years ago ??
Will you invest in Africa ?
What will you invest in Africa ?
When should you invest in Africa ?
How can you invest in Africa ?
China is already in Africa. More than many realize.
Africa is more like Shanghai in the 20s and 30s
foreign companies and countries try to have a slice of her
due to weak goverment structure.
Sunday, June 5, 2011
Arab Renaissance :
Arabs are learning to solve their own problems. For the first time in more than 500 years, the convulsions rippling across the Arab world cannot be blamed on Ottoman conquest, European imperialism, American hegemony, or Israeli bullying. As unpredictable as the current situations in Bahrain, Egypt, Libya, Yemen, and other Arab states remain, we must remember that having had perhaps the worst possible leaders, their societies will very likely be better off in the medium and long term because their governance is for the first time becoming an inclusive arena -- both nationally and regionally. The smartest thing the West can do is to help them help themselves.
THD : Wave 4 Buy ? : Thailand Country ETF
Thaksin Red Shirt seems to have popular vote.
Will that be good for Thailand.
Thaksin is in Dubai in his little Thai Palace,
While sister YingLuck Shinawatra is leading the party.
THD is the de facto Thailand country ETF.
Is this is a Wave 4 buy ?
Pentagon World Map
Its interesting how eveyone has a world map in which they see the world.
And interestingly this is how Pentagon divides up the world.
Eastern Australia is in Deep Reccession
East coast in 'deep recession': Linfox
Market watch top headlines
Australian reports
- Aust markets: Aust shares slip further to cap bad week
- Aust dollar report: $A ends up as appetite for 'risk' improves
- Aust credit close: Aust bonds recover, end little changed
World reports
- World commodities: Oil prices rise, gold down
- World markets: US stocks mixed, Europe sharply lower
AAP
June 05 2011, 12:40AM
By Kim Christian
SYDNEY, June 5 AAP - Eastern Australia is in "deep recession" and the NSW and Victorian manufacturing industries are "stuffed", the head of Linfox Logistics says.
Fresh from making a $68 million property acquisition in the mining boom state of Western Australia, Linfox Logistics chief executive Michael Byrne has dismissed suggestions the nation is dealing with a two-speed economy.
"It's a parallel universe that bears no relation to anything else on this planet," he told an American Chamber of Commerce event in Sydney on Friday.
"If you look at the world, eastern Australia is in deep recession, in my view, as is New Zealand."
WA was driving the national economy and Asia was a "different place again," Mr Byrne said.
"If we didn't have mining, Australia would be like Portugal, Spain, maybe Greece and Ireland," he said, referring to European debt problems.
Businesses in NSW, Victoria and Queensland were reducing numbers, while companies in WA were investing in resources projects, he said.
For the first time in more than half a century, the largest privately-owned transport company in the Asia-Pacific region hadn't hired anyone on Australia's east coast.
"I put 3,500 people on this year - 3,000 went into Asia, 500 went into WA and there was not one job, not one job, for the first time in 54 years, on the eastern seaboard," Mr Byrne said.
But he admits the company will never employ the same number of people in WA as in places such as Vietnam.
While it forked out astronomical wages in WA, Linfox employees earned 30 per cent more revenue than company employees in other Australian states.
Linfox revenue in WA has grown from nothing to $200 million in two and a half years.
"It took 54 years to build a $400 million dollar business in NSW. That will be done in WA in less that five," he said.
Mr Byrne believes also nothing can save manufacturing in Victoria and NSW.
"My own view is that they're both stuffed," he said.
"You've got the Australian dollar at record highs, you've got savings rates at 11 per cent, you've got immigration being cut from 330,000 to 160,000, you've got fuel at new record highs.
"Australian manufacturing at these levels is finished."
He added Sydney had "crossed over to the dark side" in terms of infrastructure, with congestion and old, inefficient networks.
He believes the only way to obtain the required labour for the mining sector is to boost immigration through the 457 Visa program based on equitable pay and conditions.
"I was at a Chevron meeting recently in WA where they needed something ridiculous like 6,000 engineers for Gorgon, Browse and those (LNG) projects. They said that Australia's not going to make them," Mr Byrne said.
"We're going to have to get them from overseas and I think Australia is going to have to get over its emotional argument about boat people."
Copyright © 2011. Fairfax Digital 
AudUsd : Weekly Chart Bullish
Prices work down the daily close to form a weekly Doji
Following a bullish Harami on previous 2 week candle.
Prices form a hesistant Doji before RBA interest rate announcement.
.Up Trend intact
. Prices decline & hold with declining volume.
.Target 112 in 3 weeks.
FEED
AgFeed Industries, Inc. (AgFeed) is engaged in the animal nutrition and commercial hog producing businesses in the People's Republic of China through its indirect operating subsidiaries. It operates in two segments: animal feed nutrition and hog production. The Company's animal nutrition business consists of the research and development, manufacture, marketing and sale of additive premix (premix), concentrates and complete feed for use in the domestic animal husbandry markets, primarily for hog production in China. The Company operates five premix feed manufacturing facilities located in the cities of Nanchang, Shandong, Shanghai, Nanning and Hainan. It mainly produces hogs for slaughter and sells breeding stock. In September 2010, the Company acquired M2P2 LLC, a joint venture partner with AgFeed in AgFeed International Protein Technology Corp.
Monsanto : Mon : A play on Agriculture - Wheat
Monsanto Company (Monsanto), along with its subsidiaries, is a provider of agricultural products for farmers. The Company's seeds, biotechnology trait products, and herbicides provide farmers with solutions that improve productivity, reduce the costs of farming, and produce better foods for consumers and better feed for animals. It manages business in two segments: Seeds and Genomics, and Agricultural Productivity. In April 2010, the Company completed the acquisition of a corn and soybean processing plant located in Paine, Chile from Anasac, a company that provides seed processing services. In October 2009, the Company completed the acquisition of Seminium, S.A. (Seminium), a corn seed company. In February 2011, the Company acquired Divergence, Inc.
Saturday, June 4, 2011
World Food Shortage
The world grain inventories were already depleted from truly terrible weather in 2010. Now we are seeing even worse weather so far this year. China is experiencing its worst drought in 50 years. The government says this weather is decimating a major grain belt, and it is leaving livestock without water. Fish farms have been ruined. Who knows the long term effects? More than 4.3M people are having trouble finding drinking water. Actually this last is a much bigger problem throughout China, which has a long term drinking water problem. The Chinese have released extra water from the Three Gorges Dam to partially alleviate the drought downstream of the dam in the Yangtze drainage basin. If there is no rain by June 10, the Chinese will lose the ability to do even this.
Vietnam hopes to develop cooperation with Germany
Vietnam hopes to develop cooperation with Germany
(VOV) - Prime Minister Nguyen Tan Dung received Germany's Ministry of Foreign Affairs Guido Westerwelle in Hanoi on June 4 during his working visit to Vietnam.
Minister Westerwelle informed PM Dung about the positive results of talks with Vietnam's Permanent Deputy Minister of Foreign Affairs, Pham Binh Minh, and said the two sides had reached many agreements, including a commitment to support each other in international forums, visa exemption for diplomatic staff, and promotion of cooperation in some vocational-training projects in Vietnam.
He confirmed that Germany always wants to improve comprehensive cooperation between the two countries, aiming to build a strategic partnership, and expressed his belief that both Vietnam and Germany have great potential for cooperating in the future in such fields as economics, trade, education, training, culture and the arts.
PM Dung showed his pleasure at the development of Vietnam-Germany relations in all fields, particularly politics, diplomacy, economics, trade, education, training, science and technology.
He also affirmed that Vietnam always attaches importance to reinforcing the comprehensive friendship and cooperation with Germany, and highly appreciated Germany's role in Europe and the world. He said that Vietnam will support Germany to become a member of the United Nations Security Council when it is expanded.
Wheat : Politics & Economics
. Russia ending Wheat export ban in July 2011
. Thailand raising price of rice by 50%.
China really waking up. The powerful Financial dragon
Now We will see China really waking up. The powerful Financial dragon.
//www.reuters.com/article/2011/06/03/businesspro-us-china-funds-idUSTRE75222P20110603
Reuters) - China's money managers are stepping up overseas forays to win a piece of the business now dominated by giants such as Fidelity Investments and BlackRock (BLK.N) and broaden revenue sources as competition in the $400 billion local funds market heats up.
Friday, June 3, 2011
BYD : Legendary Warren Buffet has a 10% Stake
BYD : Legendary Warren Buffet has bought a 10% stake in BYD for HK$1.8B.
And now Singapore Transport company SMRT is in JV talk to with BYD.
SMRT has 890 buses and 2,600 Buses as of 2010.
"SMRT said that discussions included possible ways to develop, distribute and sell electric vehicles. An SMRT representative told Eco-Business that no further details had been decided yet, but that discussions were on-going."
Link To Article
Link To Article
Link To Article
And now Singapore Transport company SMRT is in JV talk to with BYD.
SMRT has 890 buses and 2,600 Buses as of 2010.
"SMRT said that discussions included possible ways to develop, distribute and sell electric vehicles. An SMRT representative told Eco-Business that no further details had been decided yet, but that discussions were on-going."
Link To Article
Link To Article
Link To Article
Dubai: The aviation sector will account for 32 per cent of Dubai's GDP by 2020
Dubai: The aviation sector will account for 32 per cent of Dubai's GDP (gross domestic product) by 2020, a substantial contribution to Dubai's economy, according to a report released yesterday by Dubai Airports.
Global research firm Oxford Economics said in its report that the economic contribution of the aviation sector is expected to rise to $44.5 billion (Dh163.4 billion) or 32 per cent of Dubai's GDP by 2020, up from the current $22 billion, or 28 per cent of GDP.
By this time, Dubai will also see the aviation sector accounting for 372,900 jobs or about 22 per cent of the emirate's employment.
According to the research firm's estimates, Dubai's aviation sector currently supports 250,000 jobs or about 19 per cent of Dubai's employment.
Commissioned by Emirates airline and Dubai Airports, the study titled Explaining Dubai's Aviation Model highlights Dubai as "consensus-based, highly competitive and consumer-centric", generating significant economic benefits for the emirate and the countries it connects.
Russia to Repay Rice Debt To Thailand.
Thailand SEC sack because of Insider trading.
Thailand Ex-Prime Minister's sister, YingLuck Shinawatra confident to win.
Thailand's Wheat farmer to get boost in income.
--------
http://www.commodityonline.com/news/Russia-to-repay-old-Soviet-rice-debt-to-Thailand-39631-3-1.html
MOSCOW (Commodity Online) : The Erstwhile Soviet Union owed millions of dollars to Thailand as rice debt before it collapsed.
Now, Russia has decided to repay the debt inherited as it signed an agreement with Thailand in this regard.
Thai Commerce Minister Pornthiva Nakasai travelled to the Russian capital on behalf of the Thai government to sign the agreement with Russian Deputy Finance Minister Sergey Storchak.
Infrastructure Investment
Infrastructure investments have received a lot of attention in the media recently. It seems that institutional investors and sovereign wealth funds are falling over themselves to own an airport, a railroad or a power grid. Often these investments are motivated by a belief that infrastructure investments are relatively safe investments. After all, people still need to use a toll-highway or power transmission system even in a recession, right?
But infrastructure requires a huge amount of fixed investment. And a huge amount of fixed investment usually means that investors take a bath when things go south. So is infrastructure really as "stable" as some assume?
This is the question posed by Christoph Rothballer and Christoph Kaserer of the Technical University of Munich in a recent study entitled Is Infrastructure really low risk? An Empirical Analysis of listed infrastructure firms. The duo laments the fact that "despite the growing market for private infrastructure investments the number of studies on the risk characteristics of this new alternative asset class remains limited." (our emphasis)
Thankfully, there may be a way to actually get to the bottom of this one. While most institutional direct investment in infrastructure is highly illiquid, there are a gaggle of publicly listed infrastructure firms that can serve as a pretty good proxy for infrastructure investments in general. Rothballer and Kaserer study these stocks and provide some interesting insight into the likely performance of illiquid infrastructure investments.
They define "infrastructure" in three ways: telecom, transportation and utilities, and then subdivide these categories into various other sub-categories listed below (created with data from Table 2 of the paper).
Thursday, June 2, 2011
AudUsd : Betting against it is a Risky business !
Australian Dollar : AudUSd : Looks like poise for another run up !
End of Ultra stimulative policy ?
To be re-deployed to the natural resources & Infrastructure front.
Asia's minerals & Middle East resources.
Global Infrastructure : repairs bills ($6 trillion dollars)
Even Hedge Funds are pawns in this Game of High Finance.
Malaysia : South East Asia Billionaire Factory
According to the latest list, Malaysia had the most billionaires in South-East Asia, followed by Indonesia which had seven, Singapore (four), Thailand (three) and the Philippines with two.
The world's top billionaire is Mexican tycoon Carlo Slim Helu and his family who edged out Microsoft founder Bill Gates with a net worth of US$53.5bil (RM177.6bil).
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