Reading Time: 2 minutes These days the talk of Belgium/Brazil beer maker potential takeover of Anheuser-Busch (NYSE:BUD) is getting St. Louisians attention. Note Anheuser-Busch is not just a large beer maker based in STL, it’s also has roots in the city and the community. (Bottles of Stella Artois beer pass along a production line at an InBev brewery in
Reading Time: < 1 minute (Update) Two miners survived after 14 days of Sichuan earthquake. My inspiration. (Original) You may notice I have not updated my blog as frequently as usual, one reason is I am busying preparing for the CFA level I exam this Saturday. Although the outcome of the test is far too early, let me offer some
Reading Time: < 1 minute Berkshire B share (NYSE: BRK.B) traded heavily May 30 Friday. (Full size picture here) May be Bill Gates is selling on behalf of Gates foundation (USAToday article)? As you may know in 2006 Buffett donated large number of shares to Gates fundation (NYTimes article). I was wondering who is buying BRK.B on Friday? I know
Reading Time: 2 minutes Gas and Panera: more saving tips Yeah, the $4 a gallon gas is finally coming, it’s $3.899 in recent 3 days here in STL. I tried to stretch the gas I put last time at $3.699 as much as I could, but it seems like I will need to put gas either tomorrow or Monday.
Reading Time: 3 minutes Coule day a ago I came across this BoA (NYSE:BAC) bought CCB (China Construction Bank, Hongkong 0939) shares at dirt cheap price story from my Chinese friend StrengthTrader (English news here). After that I read this one original written by 21cbh, titled The Mystery of 70% Off of CCB Shares, here is a faster link
Reading Time: 3 minutes We all know the terrible earthquake happened in China, and the Chinese goverment and people are doing the best helping the survivors. There are many many heart touching stories since May 12 when the quake hit. NPR Melissa Block and Robert Siegal (read their Chengdu diary) did a good job from a foreign journalist perspective.
Reading Time: < 1 minute I am not a big fan of Jim Cramer, and I watch his Mad Money show (CNBC) mostly for entertainment. But he recently comes out this new tech series, which is a kind interesting. What is new tech? According to Cramer’s definition, old tech means the traditional sillicon valley stocks: Apple, Cisco, Google are good
Reading Time: 3 minutes (Update May 26 11:35PM) Just found the Google finance has the wrong EPS and PE ((EPS 2.62, PE 29.92) for CHL. Yahoo finance has the right number for CHL: ttm EPS $3.08, PE 25.44 as of Friday May 23. Market sentiment GS downgrade (Bloomberg): the ladies at Goldman Sachs cut the rating of 0941 (China
Reading Time: 2 minutes I did a little reading on China pork industry lately. I found 3 pork producers listed in Shenzhen, Hongkong and the US. There are Henan Shuanghui (000895 Chinese, English), Nanjing Yurun (1068.HK), and Henan Zhongpin (Nasdaq: HOGS). I believe they are three major pork producers, and the sales of pork are also in this order
Reading Time: 2 minutes The re-org of China telecom/wireless industry started officially, with the China Mobile Group acqusision of China Railway Telecom (Teitong), a small fixed line operator. The news drove down the stock price of China Mobile (0941.HK, NYSE:CHL) sharply lower today. Many pundits, speculators and short term investors are worrying the golden (monopoly) days of China Mobile
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