This space is reserved for ArtNouveau to introduce himself.
It was hard to miss the elaborate and frighteningly well-choreographed show that China put on last week to mark the 60th anniversary of its founding as a communist state. Thousands of goose-stepping soldiers and convoys of ballistic missile launchers rolled down the Avenue of Eternal Peace toward Tiananmen Square, where president Hu Jintao boasted of “a socialist China geared toward modernisation”. He added: “The world…
Oil in Vietnam... Core holding of mine this along with Encore, Dragon AND SOCO... http://www.premier-oil.com/render.aspx?siteID=1&navIDs=19,312,327,706,735 This, of course, will increase exposure of Vietnam to the outside world with regard its oil reserves, I wonder which other company may be a long term beneficiary here? ;)
One of the last big deals that surfaced BEFORE the credit crunch was the takeover by KKR of Boots. This was the first time I personally had come across the terms 'mezzanine capital' and 'mezzanine debt'. During bull markets over the years mergers and takeovers are driven, usually, by a takeover by a company in a similar sector. For example, GE Healthcare taking over Amersham,…
If people are interested in dividends invest in Vodafone or GSK. I have no interest in SIA paying one. The cash flow will speak for itself in the coming weeks and months. As investors we have the ultimate choice, we can put our money wherever we want. Not happy with Soco's strategy? Invest elsewhere. ArtN
If TGD came off then I think a lot of us would be retiring! We can dream. ;) ArtN
Of course the flip side is that if Soco don't sell there's huge cash inflows so it's mainly win/win. ArtN
Just spent the last few mins checking the operations update on Soco's site, Congo news any day now... ArtN