One caution note on dividend paying ADR stocks

Reading Time: < 1 minute Was listening to WealthTrack podcasting in the weekend, and Westwood Holdings CIO Susan Byrne mentioned some European dividend paying stocks (Nestle, Danone, Novartis etc), which reminded me one thing. Not all dividends are equal. As I recall, I bought Sygenta (NYSE: SYN), the Swiss agriculture stock last year, and my broker withhold some of the… Continue reading One caution note on dividend paying ADR stocks

This silly earning thing

Reading Time: < 1 minute First Quarter earning reports for the stocks I own (as of this writing, it could change without notice). This is mostly for my own benefit, I want to collect them in one place rather than go to different IR web sites. Listening to conference call is a mixed experience, sometimes it’s fun, sometimes it’s boring.… Continue reading This silly earning thing

Ingersoll Rand: huge write down, stock still up?

Reading Time: < 1 minute This morning, Ingersoll Rand (NYSE: IR), the diversified industrial company makes procucts to air conditioner (Trane) to Schlage locks, reported its Q4 2008 earning this morning. Some highlights: it wrote down $3.7 billion (pre-tax, $3.4 b after tax) from Trane acqusition, or a loss of $10.56 per share. Interestingly, the stock went up about 15%… Continue reading Ingersoll Rand: huge write down, stock still up?

Syngenta reports 1H 08 results

Reading Time: < 1 minute 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… Continue reading Syngenta reports 1H 08 results

Apple launches store in Beijing, earning

Reading Time: 2 minutes Apple launched its first China store in Beijing last Saturday, with 2000 fans waiting outside, including some celebrity names such as Lu Yu (Phoenix TV), Cui Jian (China rock star) etc. You can see the scenes of Apple launch at Sina (Chinese), or preview pictures at David Feng. The Sina picture reminds me of the… Continue reading Apple launches store in Beijing, earning

Weekend review w/e 071908

Reading Time: 2 minutes (What a week, Yahoo Tech-ticker, link) China’s role in the Fannie/Freddie mess As Fannie/Freddie crisis deepens, people find China in akward postion because China is the largest holder of 2F’s bonds: total $376.3 billion. I don’t know exactly how China got into this mess, but I think one reason is decision maker in China must… Continue reading Weekend review w/e 071908

GDP and stock options

Reading Time: < 1 minute GRE analogy problem China GDP number: politicians vs. Corporate earning: executives stock options Hint: the local officials pump up the GDP numbers so that they can get promoted; the corporate CEO/CFO pump up the earning number so that their stock options will be more valuable. Of course in an ideal world, when the law is… Continue reading GDP and stock options

Earning update: Mindray, GSIT

Reading Time: 2 minutes GSI Techonology As I talked in my previous post (a while ago), this is the little semi-conductor (very fast SRAM) stock (Nasdaq: GSIT) I bought a year ago at its IPO. Since its IPO it reported two disappointing quarters at first, more recently it reported two decent quarters (Fiscal Q4, Fiscal Q3). But I sold… Continue reading Earning update: Mindray, GSIT