Author: stlplace

Reading Time: 2 minutes I don’t have to work these days. Besides reading the Peter Lynch’s book, checking out Crocs and Heelys in the stores, I also had a little time to review how I did with my 401K and taxable stock account. The good news is my 401K is getting a 18% gain, and for the first time in

stlplace
December 29, 2006

Reading Time: 2 minutes I noticed the Chicken price went up a little yesterday. I have not bought the whole roasted chicken from Schnuck for a while because usually when I got there at 6:30 or 7 PM, they are sold out. But I got it yesterday evening and I realized they are charging $5.99; it was $4.99 last

stlplace
December 29, 2006

Reading Time: 1 minute Here is what I saw from eBay: ***Asia Internet Connectivity Hit by Taiwan Earthquake – Trading Advice***     December 28, 2006 | 12:28PM PST/PT “On December 26, an earthquake off the coast of Taiwan damaged several undersea cables shared by international telecommunications companies. This has disrupted Internet connectivity in many countries in Asia, including Australia.

stlplace
December 29, 2006

Reading Time: < 1 minute HMIN      # of ADRs 32,283,906/2 Price (27Dec06) $35     Market Cap (USD) $1,129,936,710/2    Note Google Finance has incorrect number       Rev (RMB)       Q1          Q2               Q3             Q4  2005       109,405,488 (1st half)  77,733,825   98,722,199  2006 110,671,567 138,386,977 160,352,229 170,000,000  YoY                                                106%          72%  Est 2006 Rev: $73,343,136 (assume 1 USD = 7.9 CNY ) Market Cap/Sales: 7.5 (it’s not totally out of whack 🙂 Note: # of ADRs is outstanding shares expressed

stlplace
December 28, 2006

Reading Time: < 1 minute I am not good at predicting the top or bottom of stocks, so take it for what it worth… First is the LFC, China Life Insurance, which went from 100 to 140 in a few days mainly due to the “back to China” IPO in Shanghai Stock Exchange. Note GSH and other China blue chip

stlplace
December 28, 2006

Reading Time: < 1 minute I heard about Peter Lynch and his book more than two years ago; I ordered his book from Amazon last week because I wanted to learn more about stocks and investing. I just got to Chapter 5 now, but I found his book to be educational and interesting: his humor can be felt in many

stlplace
December 28, 2006

Reading Time: 2 minutes It seems to me the Internet connection from China to the outside world was down, because I could not get to some of the sites from baidu news. I attached the official email from iTalkBB, my IP phone provider at the end of this post. For me it’s just some inconvenience, but how much effect it would have on

stlplace
December 28, 2006

Reading Time: < 1 minute I found out the Sun’s Financial Diary when I was doing Google search on LFC. The author is a China born Engineer currently working in the States. I liked this blog because it has lots of good stuff about personal finance, the author even put up the real number for his income, tax and investment,

stlplace
December 27, 2006

Reading Time: < 1 minute It’s priced at RMB 18.88 per share, and it will go out of gate on Jan 9, 2007 in Shanghai. Today its US ADR LFC closed at $138.42. Note each ADR represents 40 shares of A share (in Shanghai). Consider today’s USD CNY conversion rate, 1 USD = 7.825 CNY. 138.42*7.825/40 = CNY 27.08 Assume

stlplace
December 27, 2006

Reading Time: < 1 minute I did not realized the China Life Insurance (LFC) is going IPO in Shanghai Stock Exchange (A shares) until a few days ago. I did a little research on the web and found out there are quite a few big cap Chinese ADRs are going this route: Guangshen Railway (GSH) and Aluminum China (ACH) are another two. Here

stlplace
December 21, 2006
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