Day: August 6, 2007

Categories
Fun

Who cares Mr. Market the most?

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Last Updated on August 7, 2007 by stlplace

1) Traders, including the grannies sitting in China stock brokage houses.

2) Hedging fund: people who have short positions, options…all these are closely related to the general market, and can have a wider swing than common stocks.

3) Mutual fund: because they have a large portifolio, they are exposed to the general market condition (weak, strong, swing etc.)

4) Economist and reporters: it’s economist job to predict the economy; and it’s reporters’ job to report the market.

Continue reading “Who cares Mr. Market the most?”
Categories
Stocks

Mindray reports a solid Q2

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Last Updated on August 6, 2007 by stlplace

Here are the results. The important thing is they beat the est. and raised the guidance again. I also listened to its conference call, some interesting information:

1) The company plans to increase its international sales headcount to more than 200 people by the end of 2007 and to open offices in Amsterdam, Mexico City, Moscow, Sao Paulo and Toronto.

2) At the end of the second quarter 2007, the company had more than 850 R&D staff and is on track to increase R&D headcount to more than 1,000 employees by the end of 2007.

It appears the international growth is the main theme for the company. The domestic growth is also good, but not as fast as US market.