Wednesday, October 5, 2011
Great quote from Mr. Buffett on Europe and the right to print money
Now, when you get 17 countries all in a different position and none with the ability right now to issue their own currency, which is a terrible mistake. If any of you can ever issue your own currency, don't give it up. (Laughter.) If you have a printing press in your basement and it works, just keep -- don't let anybody take it away from you.
Tuesday, September 20, 2011
Energy war - Not in name Only
I was studying yesterday and it hit me that Turkey is not upset with Israel, but, instead, wants her maritime rights where all that natural gas and possibly oil are.
Of course, you can't come right out and say it so Turkey is now supporting causes that she was once silent about.
Wars were fought over much less than what Israel possesses presently in the Mediterrannean.
A key sign would be shipbuilding and a larger navy.
Greece is the bastion of ships and they will be cheaper if the nation defaults and i don't believe they will sell to the Turks.
Of course, you can't come right out and say it so Turkey is now supporting causes that she was once silent about.
Wars were fought over much less than what Israel possesses presently in the Mediterrannean.
A key sign would be shipbuilding and a larger navy.
Greece is the bastion of ships and they will be cheaper if the nation defaults and i don't believe they will sell to the Turks.
Sunday, July 10, 2011
More good news about Uganda
http://www.nytimes.com/2011/07/07/world/africa/07sudan.html?_r=1&scp=3&sq=uganda&st=cse
Apparently, Uganda is a growing country that has very good relationships with its neighbors since Uganda has been actively supporting leaders in waiting as well as sending its citizens to nation build.
It's a tough part of the world as anyone knows but these type of articles do lead one to suspect that an investment in Uganda can be handsomely rewarded if these growth trends are occurring.
A good hint of that is to see my blog on top of a google search which says to me NO ONE is paying attention.
Apparently, Uganda is a growing country that has very good relationships with its neighbors since Uganda has been actively supporting leaders in waiting as well as sending its citizens to nation build.
It's a tough part of the world as anyone knows but these type of articles do lead one to suspect that an investment in Uganda can be handsomely rewarded if these growth trends are occurring.
A good hint of that is to see my blog on top of a google search which says to me NO ONE is paying attention.
Tuesday, May 31, 2011
Good news for IBI: China + nuclear + Uganda + IBI = ? market value
http://www.razor.ug/business/china-plans-nuclear-plant-in-uganda/
Sunday, May 22, 2011
The reason why we have corporations and stocks and greed
I just read on www.bloomberg.com about how Medtronic has a technology that can help parapalegics walk again.
http://www.bloomberg.com/news/2011-05-19/paraplegic-stands-for-first-time-in-years-with-medtronic-device.html
Not everyone can be a doctor or a lawyer with a guaranteed income, so need to take risk. At the moment, many of our capitalistic impulses our purely on risk by trading and playing poker. Others, like Mr. Buffett, focus just on stocks that crashed and provide a good bargain.
But the most rewarding payoff and the one that creates mass envy is taking a risk and gamble on something that helps society and your pocketbook.
At the end of the day, that's why we have an exchange and a place to trade because a private owner's risk on new technology is just overwhelming so this is a way for one to call the shots and have others profit along with you.
On the flipside, does LinkedIn need your money now?
I will admit that this entry has ideas and may not be fully fleshed out. But hope it provides some nuggets of thought.
http://www.bloomberg.com/news/2011-05-19/paraplegic-stands-for-first-time-in-years-with-medtronic-device.html
Not everyone can be a doctor or a lawyer with a guaranteed income, so need to take risk. At the moment, many of our capitalistic impulses our purely on risk by trading and playing poker. Others, like Mr. Buffett, focus just on stocks that crashed and provide a good bargain.
But the most rewarding payoff and the one that creates mass envy is taking a risk and gamble on something that helps society and your pocketbook.
At the end of the day, that's why we have an exchange and a place to trade because a private owner's risk on new technology is just overwhelming so this is a way for one to call the shots and have others profit along with you.
On the flipside, does LinkedIn need your money now?
I will admit that this entry has ideas and may not be fully fleshed out. But hope it provides some nuggets of thought.
Monday, March 14, 2011
Also, concerning nuclear power
1) BP's oil disaster devastated an entire ocean. The drillers are back in operation.
2) Two nuclear bombs on Japan didn't stop the nuclear industry
3) Chernobyl with outdated technology, incompetent Russian management and regional devastation didn't stop the industry.
4) Natural gas plant would have had a devastating impact by the tsunami
2) Two nuclear bombs on Japan didn't stop the nuclear industry
3) Chernobyl with outdated technology, incompetent Russian management and regional devastation didn't stop the industry.
4) Natural gas plant would have had a devastating impact by the tsunami
Nuclear Disaster? We have been here before
Japan is currently suffering a nuclear meltdown. This, of course, would appear to the world a test case for the viability of the industry.
Please realize that a few years ago another nuclear plant "disaster" happened in Japan when radioactive coolant leaked. No one died or was effected.
Again, a couple hundred are being tested for high radioactive levels - that's it. No one died.
If Japan had a natural gas or coal plant the explosions and devastation would be great for the global news cycle.
Nuclear and the corresponding mining industry are going to be on sale today and it may be the last time in our generation that this occurs.
Don't be afraid.
Please realize that a few years ago another nuclear plant "disaster" happened in Japan when radioactive coolant leaked. No one died or was effected.
Again, a couple hundred are being tested for high radioactive levels - that's it. No one died.
If Japan had a natural gas or coal plant the explosions and devastation would be great for the global news cycle.
Nuclear and the corresponding mining industry are going to be on sale today and it may be the last time in our generation that this occurs.
Don't be afraid.
Thursday, March 10, 2011
Mwana Africa - one of the cheapest miners out there
Mwana Africa is primarily located in Zimbabwe which is the only reason the stock is trading lower than the price that management and institutional investors paid into the company.
Why? Because the Zimbabwe government publicly announced partial nationalization of the countries resources. Should that be a big surprise after so many years of the current regime there?
I went to Mwana's website and here is a behind the napkin calculation on what an investor should be expecting concerning a return.
Gold
1) Lets says the Zimbabwe government takes a 60/40 split.
2) And the cost of extracting gold is $800/oz
3) Lets say gold stabilizes at 1100
= 300/oz profit.
4) They expect a minimum of 30,000oz per year.
So the net would be 9,000,000
The net to shareholder would be 3.6m
Just on Gold possession, that is 50m market cap/ 3.5 m = 14.3 PE
Not bad.
Nickel
1) Up to 7,000t pa Ni in concentrate
2) Cost of production approx. $6,000 / t Ni in concentrate
3) Ni is around 24,000 per ton
4) Lets say the concentrate is the low 0.40% as mentioned in presentation, Pure Nickel is 28 tons for the year
28 tons x 24,000= $672,000
Minus expense of $42,000
And comes out to $630,000
The Stakeholders get 40%, or $252,000
Now the P/E is lowered to 50 market cap/3.72 = 13.44
That's a 7.44% return minimum
And that is after the Zimbabwe government won't fully nationalize its mineral assets.
What if previous agreements will be honored?
Why? Because the Zimbabwe government publicly announced partial nationalization of the countries resources. Should that be a big surprise after so many years of the current regime there?
I went to Mwana's website and here is a behind the napkin calculation on what an investor should be expecting concerning a return.
Gold
1) Lets says the Zimbabwe government takes a 60/40 split.
2) And the cost of extracting gold is $800/oz
3) Lets say gold stabilizes at 1100
= 300/oz profit.
4) They expect a minimum of 30,000oz per year.
So the net would be 9,000,000
The net to shareholder would be 3.6m
Just on Gold possession, that is 50m market cap/ 3.5 m = 14.3 PE
Not bad.
Nickel
1) Up to 7,000t pa Ni in concentrate
2) Cost of production approx. $6,000 / t Ni in concentrate
3) Ni is around 24,000 per ton
4) Lets say the concentrate is the low 0.40% as mentioned in presentation, Pure Nickel is 28 tons for the year
28 tons x 24,000= $672,000
Minus expense of $42,000
And comes out to $630,000
The Stakeholders get 40%, or $252,000
Now the P/E is lowered to 50 market cap/3.72 = 13.44
That's a 7.44% return minimum
And that is after the Zimbabwe government won't fully nationalize its mineral assets.
What if previous agreements will be honored?
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