Categories
Fun Stocks

When to Fill up Gas?

Reading Time: < 1 minute

Last Updated on May 22, 2007 by stlplace

So $3 gas is back. Last time it was Katrina, this time I heard it was because some of the refineries were taken offline for maintainence. For us average consumers, since we can not trade in current (regular) car for hybrid, nor can we buy cheaper gas and store it somewhere. We have to fill up when the gas price is cheap (relatively). I found a good sign of gas price going up. There are two gas stations near my house: Shell and Exxon. Usually they don’t raise the price at the same time. So…when I saw one gas station already changed the price (up), I would go to the other one and fill up.

Categories
Business China

Home Inns Q1 Results

Reading Time: 2 minutes

Last Updated on May 22, 2007 by stlplace

Here are the results. I listened to Home Inns Q1 conference call (see the scripts here).

Some of the positives:

1) Revenue growth 65% Year over Year. Profit did not follow because of foreign change loss, tax expense and share based compensation. Note the foreign exchange loss won’t be one time as they continue moving the IPO money (in USD) to China (RMB), and you know these days the USD depreciates (wrt RMB) non-stop.

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