By stlplace on Jul 31, 2008 in Beijing Olympics, Portfolio | 0 Comments
Olympics buzz at work place
As the Beijing 2008 only 8 days away, I am hearing quite a bit Olympics query from coworkers lately, mostly from curiosity and good will (wish Beijing and China will do well). As a Chinese living in America, I certain also hope things also work out well, amid all the security […]
By stlplace on Jul 30, 2008 in Portfolio | 0 Comments
My 2 cents on Cummins CMI (a while ago)
I have watched CMI for a few months now, have not pulled the trigger yet. There was a brief chance around March 17. I dare not to buy it after it went above 50. Like commodity, short term CMI has some selling pressure because:
1) It’s an infrustructure/transportation […]
By stlplace on Jul 29, 2008 in CFA | 0 Comments
CFA test did not turn out the result I liked to see. I thought about the reasons, besides the unlucky factor (my score right around the pass/fail line), I attribute the main reason to myself: I did not work hard enough, and my financial knowledge is not good enough. Imagine if I could make more […]
By stlplace on Jul 29, 2008 in CFA | 1 Comment
IS out. I could not fall asleep this morning at 5:30 AM, 2.5 hrs before the official score release. Logged into the web, hope to see something, nothing there, watched some Bloomberg TV, and back to sleep (listened to iPod actually because I could not fall asleep).
8:00 AM, back to computer again, could not […]
By stlplace on Jul 28, 2008 in China, Beijing Olympics | 0 Comments
A subdued Olympics rally?
The Olympics is coming. But we are not seeing much sign of an Olympics stock market rally, both in Shanghai, or in New York. The Shanghai composite index is barely above 52 week low, at around 2800 to 2900 range. Two of the Beijing 2008 Sponsors, China Mobile (NYSE: CHL) and Sohu […]
By stlplace on Jul 26, 2008 in Master Series | 0 Comments
His plan is basically use more wind for electricity power, free up the natural gas for transportation (automobiles). Currently natural gas cars are still not as versatile as gasoline cars. But I have seen and heard natural gas powered taxi in Shanghai, and gas powered bus in the States. Natural gas is more environmentally friendly […]
By stlplace on Jul 25, 2008 in IPO | 1 Comment
By now it’s no secret that CROX stock failed. After it issued horrendous 2Q 08 preliminary results and full year guidance yesterday afternoon (refer to MarketWatch for more details). I don’t want to dive into the numbers and add salt to injury. I traded the stock last year until this Feb. when I realized it […]
By stlplace on Jul 24, 2008 in earning | 0 Comments
Highlights
From its IR web site
Sales up 20 percent at constant exchange rates to $7.3 billion
Crop Protection sales up 21 percent(2) at $5.55 billion
Seeds sales up 15 percent(2) to $1.74 billion
Earnings per share(1) up 36 percent to $16.53
Earnings per share $15.93 after restructuring and impairment
Capacity expansion to meet longer term demand […]
By stlplace on Jul 24, 2008 in Stocks | 0 Comments
Chesapeake Energy (NYSE: CHK) is a stock I have known for a while. I traded it in year 2006, I did not hold it for long term partly because I usually don’t hold a stock for more than a year (until Mindray), more importantly I did not understand all the natural gas price volatility, CHK’s […]
By stlplace on Jul 23, 2008 in Master Series | 0 Comments
Background
Couple days ago the Apple stock got a hit not just becaues of the soft earning guidance, the more important reason is the company declined to answer the health question of its co-founder and CEO Steve Jobs in the earning call.
You tube videos
Great Artists Steal - Triumph of the Nerds - Revised (very short)
How Windows […]