International Investing
Sadia SA (SDA) fires CFO and falls 29% in 15 minutes
Published on September 26, 2008
Sadia SA (SDA) is down 29% this morning, and it may not be done falling. Could $416 million really do this much damage to the Brazilian frozen food maker?
by Stephanie Grimmett
Baltimore — (TFN): Oh, don’t say it! Don’t say it!
Uh-oh, they said it.
One of Brazil’s largest frozen food companies just announced it [...]
Cherry-picking in the smoking ruins of the global markets
Published on September 26, 2008
Recent market crashes have created incredible opportunities in emerging economies such as Brazil, Russia, India and China. Oxford Club’s Karim Rahemtulla tells you the easiest and most risk-free way to make the investment of a lifetime.
Rumble in Singur: Will Tata Motors (TTM) pull out in time to launch the Nano?
Published on September 24, 2008
Tata Motors (TTM) is sitting on its hands, watching the deadline for the Nano launch approach, while its factory in Singur is still beset by protests, riots and delayed construction. Will Tata pull out of Singur to meet its own deadline? Or will it push through its original plans and produce Nanos in West Bengal? [...]
Asia invades Wall Street: Why Japan’s buying spree means there’s opportunity for investors
Published on September 24, 2008
Japan is buying every American financial asset it can get its hands on. It is doing it at a great discount, creating a fierce international competitor. Investors need to keep their eyes on Asian bankers like Nomura Holdings (NYSE:NMR) and Mitsubishi Financial (NYSE:MTU).
By Andrew Snyder
Baltimore – (TFN): Instead of crawling out of bed this morning [...]
Financial News Video: China crash may be next
Published on September 22, 2008
China is desperately pumping liquidity into its failing stock markets. As industries fold and debt loads swell, we could head into a China-sized crash by 2009. Click here to view…
Japan’s retail champ: Buy Fast Retailing (FRCOF)
Published on September 22, 2008
Japan’s Fast Retailing (Pink Sheets:FRCOF) is sitting on $1.4 billion, waiting to find the perfect buyout candidate to come along. In the meantime, it’s expanding its Uniqlo clothing stores into India, Russia and Singapore.
by Stephanie Grimmett
Baltimore — (TFN): While the rest of the retail world is whimpering, writhing and contracting in pain, Fast Retailing [...]
China’s killer milk leads to soy profits
Published on September 19, 2008
“The milk industry in China is in shambles because at least three of the country’s major producers have been watering down their products. That’s not very scandalous. In fact, we have a name for that milk in the U.S. It’s called skim. But these Chinese producers were using a toxic chemical to mask their watery [...]
Making money as markets go mad: Sell Rostelecom (ROS) for 35%+ gains
Published on September 18, 2008
After yesterday’s sound drubbing, Rostelecom (NYSE:ROS) is up by over 35%, handing investors that followed my advice 35%-plus gains in just one trading day. Time to take those gains off the table!
by Andrew Snyder
Baltimore (TFN): I just love a volatile market. For the folks willing to do their homework and do some research, [...]
Lloyd’s (LLOY) to takeover HBOS (HBOS)
Published on September 18, 2008
“The deal’s being described as a private sector solution – but this could never have happened without government backing, for reasons we’ll go into in a moment.” — John Stepek
Blogger’s note: You may not have noticed, but two of the Big Five banks in the UK just agreed to a merger.
The news [...]
Moscow crashes: Time to buy Vimpel-Communications (VIP), Mechel (MTL) and Rostelecom (ROS)?
Published on September 17, 2008
This may be the perfect opportunity to buy Vimpel-Communications (NYSE:VIP), Mechel OAO (NYSE:MTL) and Rostelecom (NYSE:ROS) at SERIOUS discounts!
UK growth stocks: Buy Spice (SPI), Pace (PIC) and Domino’s UK (DOM)
Published on September 15, 2008
“We look for firms with strong fundamentals, such as experienced management, a competitive business model and a financial position that allows for sustainable growth. We aim to find firms that we expect to perform well over the cycle, rather than trying to chase short-term gains.” — Catherine Stanley
Blogger’s note: Each week, the UK’s MoneyWeek asks [...]
Forget Chinese dairies, buy Hong Kong’s Vitasoy (0345)
Published on September 12, 2008
“The Chinese dairy business is certainly growing very quickly. And this has got investors excited – Chinese dairy firms are trading at some pretty racy multiples. But I think they’ve got it wrong. If you want to gain access to China’s undeniably promising drinks market, I reckon you’d be better of with soy than the [...]
Don’t buy Russian stocks — yet
Published on September 12, 2008
“The Russians, never the most likely converts to free market capitalism, aren’t too happy about falling prices either. Two in particular are worrying them – the falling prices of Russian stocks, and the falling oil price.” — John Stepek
by John Stepek
Baltimore and London — (TFN): Free markets and capitalism are wonderful things, everyone agrees. At [...]
Pound Looking Foolish
Published on September 12, 2008
After six years of the British Pound beating the U.S. Dollar “centsless”, the roles will soon be reversed. The weak dollar is expected to recover and get its revenge against the pound.
Shanghai is down 66% from its 2007 highs: Prepare for another 50% drop by spring!
Published on September 11, 2008
You may think that the downside to Chinese stocks now is contained. Don’t count on it: There are rumblings in the big four Chinese banks that not just their real estate loans, but their legacy load of non-performing loans are about to hit the headlines before the year is over. The Shanghai stock exchange may plunge another 1,000 points.
My Fellow Amero-cans Part 3: Globalists
Published on September 10, 2008
“In reality, the Amero is just one issue in a much broader subject…Currencies are more powerful than citizens could ever imagine.” — Russell McDougal
by Russell McDougal
Baltimore — (TFN): Will the Amero, representing, a single currency for the US, Canada and Mexico come into fruition? It would not surprise me in the least. The dollar [...]
Tata Motors (TTM) makes its move — out of Singur
Published on September 4, 2008
“West Bengal, as a state, is a democracy the same way Sicily is. And unfortunately for us, one political party has decided the construction of Tata’s new car factory in Singur (a city of 20,000 people about 30 miles northwest of Kolkata) is the perfect opportunity to clean up the state’s corruption.” — Stephanie [...]
The British government will destroy the pound sterling
Published on September 3, 2008
“We must thank Alistair Darling for giving us, with his wise words on Saturday, what has to be the easiest money-making opportunity of the year: to sell the pound as soon as the markets opened on Monday. Not since Northern Rock a year earlier has such an [...]
Think London, Buy China: London Olympics get Beijing treatment
Published on August 29, 2008
Maybe I’m a bit too cynical, but when London says it’s recruiting Chinese vendors to support the 2012 Olympic games (the next Summer Olympics is going to be in London, in case you missed that memo), I tend to think the reasoning behind the decision has more to do with the favorable exchange rate than [...]
Good Life China (GLCC) posts 26% gains in one hour
Published on August 28, 2008
“The company says its been framed. On the back of only good news (rising profits, new acquisitions, franchise expansion), its shares lost almost all of their value, which Good Life believes is because of a concerted effort to defame the stock online in discussion boards and other venues and then collect on shorted shares.” [...]
