Australian Stock Market Watch

Spotlight on backdoor listing with moboom

2013-05-08T22:10:00.001-07:00

Our spotlight is on the backdoor listing of moboom with AACL holdings this month which falls under our speculative buy. Speculative as it a general website company that is finding its way in a competitive niche with players already present in this niche. The final method of acquisition and the structure of the Proposed Transaction with AACL and moboom is subject to further discussions and advice.

Takeovers and mergers | AACL and Moboom

At this price $0.020 its as a speculative buy with the moboom backdoor listing , worth a look if you follow the technology sector specifically with website development. I would give it a 50/50 chance of making some money in their next profit reporting season

AACL with Moboom Backdoor listing

What is a back door listing?

A back door listing, sometimes referred to as a reverse takeover, reverse merger, or reverse IPO, occurs when a privately-held company that may not qualify for the public offering process purchases a publicly-traded company.

What does Moboom do ?

Moboom is a technology company that has developed proprietary technology to enable the creation of responsive websites that work on any device from mobile phones through to tablets like ipads and and PCs. The company has already several leading Australian and Asian publishers and media groups as customers and is planning expansion into European and US markets in coming months. The company is headquartered in Perth, Australia and has a development office in San Francisco, USA.
Negatives for Moboom
Most other website or website theme providers have caught on already with the new wave of eyeballs coming to their websites from smartphones and tablets and there are many players in the website market who are providing this product at competitive price , however moboom also has the advantage of providing extras wit their product that is well integrated in one package like ( Integrated Google Analytics, social ( FACEBOOK , Twitter etc) integration , and Unlimited bandwidth )

Press release from AACL

UNON-BINDING HEADS OF AGREEMENT EXECUTED WITH MOBOOM LIMITED (MOBOOM) AACL Holdings Limited (AACL) is pleased to announce that it has executed a non-binding Heads of Agreement with mobile web developer and mobile solution provider Moboom, that sets out a proposed acquisition by AACL of all of the issued shares in Moboom, in consideration for the issue of AACL ordinary shares to Moboom shareholders (Proposed Transaction). The Heads of Agreement is non-binding, incomplete and indicative, except in respect of confidentiality obligations. The Proposed Transaction will include an equity raising for the purposes of funding the working capital requirements of the enlarged entity.

The parties have agreed to use their best endeavours to finalise the structure of the proposed acquisition and execute definitive transaction documents by 20 May 2013, and complete the Proposed Transaction by early August 2013. On completion of the Proposed Transaction, AACL will change its name to "Moboom Limited".

ABOUT AACL

As reported from AACL website
“As reported to the ASX, AACL Holdings Limited sold its main operating business to Glencore for approximately A$8.5M with settlement on the 15^th October 2012.
The board is now looking for a transactions/business to vend into AACL to maximise shareholder wealth.”

Backdoor listing

This proposed "backdoor listing" falls under the change of activities as reported to ASX and proposed Transaction will result in AACL requiring shareholder approval under Chapter 11 for a change in the nature and scale of its operations and will require AACL to re-comply with Chapters 1 and 2 of the ASX

Article submitted by JJ from digital grog for Australian pennystocks an online stock website focussing on penny-stocks in the Australian stock markets

Nearmap up 253% in earnings

2013-04-18T22:52:00.001-07:00

NEA – NEARMAP FPO
This quarter results has been announced for NEARMAP LTD

For those not in the know nearmap is a company that does aerial mapping just like google maps, the difference between them both them and google is Nearmap updates thier maps more frequently and also much their maps are clearer due to difference int echnology and also due to their own developed patented technology

I had earlier bough this stock at

NEA 31-Jan-2013 @0.070 x21,428=$1499.96
Check here

News released yesterday for Nearmap 18/04/2013

18/04/2013 Appendix 4C – quarterly
According to the pdf release on asx

Near maps principal activity is Provision of geospatial map technology for business, enterprises and government customers.

Nearmap stock price charts

Screen cap of price today which you get when type in “ASX NEA” in google search . I noticed that when i click on 5 day (5d) the graph didn't change to reflect the jump from 0.14 to 0.25 today. something not right in google graph.

Anyway anybody who held the stock will be cheering today and surely some might have pressed the button called sold

If you need the latest news on “penny stock picks” or “reviews on minnows” check out australian penny stocks

List of Australian blue chip stocks

2013-04-09T07:08:00.000-07:00

Australian shares gained 0.6 percent on Wednesday led by blue chip miners and financials on strong resource price

The biggest Blur chip stocks traded on the ASX, in terms of their market capitalisation, include:

BHP Billiton

Commonwealth Bank of Australia

Telstra Corporation

Rio Tinto

National Australia Bank

Australia and New Zealand Banking Group

Rio tinto

Westpac

The only stock to do worse than the S&P/ASX 200 is Harvey Norman Holdings Ltd [ASX: HVN]. Even so, it’s a better-than-the-bank 8.3% gain.

The others have done much better: Qantas [ASX: QAN] up 36.1%; JB Hi-Fi [ASX: JBH] up 20.5%; Toll Holdings [ASX: TOL] up 25.3%; and Myer Holdings [ASX: MYR] up 37.1%.

The benchmark S&P/ASX 200 index rose 27.1 points to trade at 4,977.3 by 2310 GMT. It fell 0.8 percent on Tuesday, its lowest close since February 7.

Comsec platform gets upgrade

2013-03-19T05:02:00.001-07:00

Comsec, the commonwealth banks trading platform is getting a upgrade roll out , with many comsec traders already getting sneak peak into their new trading platform.

Comsec platform trading guide and tips – Here

The new platform provided more interactive support and research from comsec ,with home and business traders being able to get extensive research even on a company to company basis
They will be providing heatmaps , graphs and financial charts in addition to their comprehensive commentary and analysis on overall sectors that the already provide

Here is the comsec promotional video below giving you a brief summary of whats new on “comsec Trading platform”

The new features in comsec trading platform in a glance:

New stock screener and comparison tools
Data, tips and research from and the CBA team
Heatmaps and graphs
And comparison charts , SmartText Analysis and complex technical indicatorsand company research tools

The new Deep company analysis tools on the comsec trading platform below

Belldirect Platform upgrade

Well not to be outdone , belldirect which is my other trading platform that i use , has also sent me a email today saying
"This weekend the Bell Direct website will be refreshed to reflect our brand new look. Click here to find out more."

Comsec February 2013 reporting season

2013-02-18T16:31:00.001-08:00

The “reporting season” has come on us once again and this time its smiles for everyone , except for a few companies that tried to put a dampener on the market like Rio Tinto. The reporting season 2013 has been mostly cheerful with good profit results by the big ones getting the market to cross the 5000 mark and bringing in more confidence, though more results are yet to come out.

2013 Results are out from Cochlear Ltd, Telstra, TABCORP, Webjet and Newcrest, in the coming weeks we will see companies such as Amcor, Paladin Energy, Rio Tinto, IAG Limited, Qantas, QBE, Woolworths and more

IMPORTANT: The following information is not conclusive and may be subject to change. Check the ‘Shareholder’ or ‘Corporate’ section of each company’s website to confirm the Interim or Full Year Results reporting date.

Looking back 12 months, the market average P/E was approximately 11.5 times. The banks are doing good

Profit reporting season 2013

Below are some video analysis and downloadable reports for popular investor socks in the Australian market

Among other companies these are some of the Australian companies that the comsec reports will cover

CCL Coca-Cola Amatil Limited
TOL Toll Holdings Limited
IAG Insurance Australia Group Limited
QAN Qantas Airways Limited

The CommSec Market Analysts have put together a free reports for you on some of the well known stocks in the market to help you make your investment decision.

18th Feb 2013,Boart Longyear (BLY) Full Yr Result 2012

You can download reports and watch some video reports on WEB ( Webjet Company report ) , LEH ( Leighton Holdings Limited Report ) , WOR ( WorleyParsons Limited Report ) , TLS ( Telstra Corporation Limited Report ) , NEW ( Newcrest Mining Report ) and many more here

Skaffold reporting also has a good table on the reporting dates for Australian companies and also good analysis on some australian stocks for the reporting season . check it out here

Other news - Warren Buffett has announced a takeover offer to purchase H.J. Heinz Company (HNZ) for $72.50

Heinz has increased earnings per share (EPS) every year over the last 10 years, except for a dip in 2006 and a minor dip in 2010. 18 analysts are forecasting that growth will continue over the next three years.

Greens leader Christine Milne wants a Senate inquiry into the failure of the mining tax to raise any significant revenue. From ( http://www.abc.net.au/news/business/)

East China Mineral Exploration and Development Bureau back off from galaxy investment

2013-01-18T15:06:00.001-08:00

Galaxy Resources Ltd (ASX: GXY) (“Galaxy” or “the Company”) confirms it has been advised by East China Mineral Exploration & Development Bureau (“ECE”) that its Board has withdrawn from ECE’s proposed investment in Galaxy .

Galaxy today confirmed it had been advised by ECE that its board has withdrawn its proposed investment, which would have been through the subscription of 132.4 million shares at 50c each. The placement would have delivered ECE a 19.8 per cent stake in Galaxy.

The investment was unveiled in November last year, weeks before Galaxy announced that an employee had passed away from injuries sustained from a blast at the Jiangsu plant.

About Galaxy (ASX: GXY)

Galaxy Resources Ltd (“Galaxy”) is an Australian-based global lithium company with lithium production facilities, hard rock mines and brine assets in Australia, China, Canada and Argentina. The Company is an integrated lithium mining, chemicals and battery company listed on the Australian
Securities Exchange (Code: GXY) and is a member of the S&P/ASX 300 Index.
Galaxy wholly owns the Mt Cattlin project near Ravensthorpe in Western Australia where it mines lithium pegmatite and at full capacity, Galaxy will process 137,000 tpa of spodumene concentrate.

(announced to ASX on 5 November 2012). ECE has indicated to Galaxy it is willing to re-consider the investment when Galaxy’s Jiangsu Lithium Carbonate Plant (“Jiangsu Plant”) in China returns to stable operation.

Lithium compounds are used in the manufacture of ceramics, glass, electronics and are an essential cathode material for long life lithium-ion batteries
used to power e-bikes and hybrid and electric vehicles. Galaxy is bullish about the global lithium demand outlook and is positioning itself to achieve its
goal of being involved in every step of the lithium supply chain.

Galaxy also reports that it has settled the first tranche of an A$20 million (before costs) financing arrangement with Deutsche Bank, comprising equity placement and call option transactions.

The Company completed a feasibility study for a proposed lithium-ion battery plant, to produce 620,000 battery packs per annum for the electric bike (ebike) market. The Company also owns the James Bay (100%) Lithium Pegmatite Project in Quebec, Canada.

The Jiangsu Plant is on track to recommence operations in early February 2013. Galaxy is continuing discussions with potential strategic investors and will keep the market informed of their progress

Contact:

 
Galaxy Resources Limited
T: +61-8-9215-1700
F: +61-8-9215-1799
WWW: www.galaxyresources.com.au

ASX Trading hours over the holiday period

2012-12-23T18:22:00.001-08:00

From all of us at australianstockwatch.com, enjoy the festive season and have a prosperous New Year.

Australian Stock Exchange (ASX) Trading hours

During the holiday season the ASX is closed for trading on the following public holidays:

Christmas Day* - Tuesday, 25 December 2012
Boxing Day* - Wednesday, 26 December 2012
New Year’s Day* - Tuesday, 1 January 2013

New York Stock Exchange Trading Hours

NEW YORK STOCK EXCHANGE

Trading Hours

NYSE, NYSE MKT and NYSE Amex Options are open from Monday through Friday 9:30 a.m. to 4:00 p.m. ET. NYSE Arca is also open from 4:00 a.m. to 9:30 a.m. ET and 4:00 p.m. to 8:00 p.m. ET. Click here for a pdf listing the number of trading days in 2012.

Holidays

NYSE, NYSE MKT, NYSE Amex Options, NYSE Arca, NYSE Arca Options, and NYSE Bonds will observe U.S. holidays as listed below. Although NYSE Arca follows the same holiday schedule as the NYSE, on days when the NYSE closes early, NYSE Arca hours may vary due to its extended trading day.

NYSE HOLIDAYS	2012	2013	2014
New Years Day	January 2	January 1	January 1
Martin Luther King, Jr. Day	January 16	January 21	January 20
Washington's Birthday	February 20	February 18	February 17
Good Friday	April 6	March 29	April 18
Memorial Day	May 28	May 27	May 26
Independence Day	July 4**	July 4**	July 4**
Labor Day	September 3	September 2	September 1
Thanksgiving Day	November 22*	November 28*	November 27*
Christmas	December 25***	December 25***	December 25***

***Each market will close early at 1:00 p.m. on Monday, December 24, 2012, Tuesday, December 24, 2013 and Wednesday, December 24, 2014. Crossing Session orders will be accepted beginning

Food industry stocks

2012-10-29T04:49:00.001-07:00

Food stock picks that will grab your appetite, the below two stocks are two good punts and exist in the Consumer Services Industry group in the ASX.

Collins foods : Sizzler and KFC stores

$1.17 ( As at 6:59PM 29/10/2012) – > Check current share price

Collins Foods Limited (ASX: CKF)

Collins Foods Limited is an Australian listed public company. Collins Foods operates the food service retail outlets Sizzler in Australia and KFC in Queensland (Queensland- operate 122 KFC outlets and in Australiawide operate 27 Sizzler restaurants).

Dominos : Pizza ( and now pastas , chicken and more )

Domino’s Pizza Enterprises (DMP)

PUBLISHED: 04 OCT 2012 [ Domino’s Pizza is trading at record highs after rising more than 35 per cent in the year to date. The fast food retailer has pursued a strategy focused on expanding online sales through discounted prices.]

Dominos is taking advantage of technology with apps and online marketing and thier shareholders and even customers are loving it . More than 60 per cent of Domino's sales are from internet-enabled devices, from smartphones to tablet computers, and laptops. This is expected to hit 80 per cent by 2015.

Domino’s Pizza Enterprises (ASX: DMP) Stock Price $9.60 << >> Current Price Here

The Australian stock exchange-listed Domino's holds master franchises in Australia, New Zealand, France, Belgium, The Netherlands and Monaco. Out of 910 stores, more than 530 are in Australia and New Zealand.

>>>>> Australian Stock trading strategies

Article written by jj for Small midcap stocks at www.australianpennystocks.com

Free Stock market trading offered by Bell direct

2012-10-23T05:11:00.001-07:00

Today i got a pleasant sunrise when i opened my Email account , i am glad that i signed up with Bell direct Trading as an option to COMSEC trading ( for my share trading) , but this secondary option is looking more and more like my primary option and infact spurred me on to do more trading with their “Free trades offer” .

Here is a SNAP SHOT of their offer

That's right

With this free Stock market trading offer

Just trade and every 5th trade will be FREE until 30 November 2012.

The also say “When the share market rallies, most people miss out on the first 10% of the gain” but im not to sure about a rally soon , but you can never say.

If you signing up with them

Here is some pros

Good Free Info on stocks with broker recommendations

Stock Research available for free

$15 trades

CONS

Wish their payment processing from bank to account was much easier to do

Wish their Placing trades section was more streamlined like comsec

Keep trading !! good luck

Official Rate cut & Bank Rate Cuts 2012

2012-10-07T19:34:00.001-07:00

The RESERVE BANK OF AUSTRALIA decided to lower the cash rate by 25 basis points to 3.25 per cent, effective 3 October 2012

pic ref : www.australianbusinessreport.com.au

The Banks on the rate cut

RBA governor Glenn Stevens said the outlook for global growth had softened with China's expansion slowing down. The rate is the lowest rate in the past three years now.

So how are the banks helping out with our mortgage rates ?

Bank	Rate Cut	New rate
Reserve Bank (RBA)	0.25%	3.25%
NAB ( National Bank)	0.20%	6.58%
CBA ( Commonwealth Bank)	0.20%	6.6%
Westpac	0.18%	6.71%
ANZ	No update	No update

ANZ remains the only big four bank to hold out on rates, shunning drops by NAB, Westpac and Commonwealth banks.

Interest Rate Cuts History 2008–2012


Effective Date	Change in cash rate Percentage points	New cash rate target Per cent
3 Oct 2012	-0.25	3.25
5 Sep 2012	0.00	3.50
8 Aug 2012	0.00	3.50
4 Jul 2012	0.00	3.50
6 Jun 2012	-0.25	3.50
2 May 2012	-0.50	3.75
4 Apr 2012	0.00	4.25
7 Mar 2012	0.00	4.25
8 Feb 2012	0.00	4.25
7 Dec 2011	-0.25	4.25
2 Nov 2011	-0.25	4.50
5 Oct 2011	0.00	4.75
7 Sep 2011	0.00	4.75
3 Aug 2011	0.00	4.75
6 Jul 2011	0.00	4.75
8 Jun 2011	0.00	4.75
4 May 2011	0.00	4.75
6 Apr 2011	0.00	4.75
2 Mar 2011	0.00	4.75
2 Feb 2011	0.00	4.75
8 Dec 2010	0.00	4.75
3 Nov 2010	+0.25	4.75
6 Oct 2010	0.00	4.50
8 Sep 2010	0.00	4.50
4 Aug 2010	0.00	4.50
7 Jul 2010	0.00	4.50
2 Jun 2010	0.00	4.50
5 May 2010	+0.25	4.50
7 Apr 2010	+0.25	4.25
3 Mar 2010	+0.25	4.00
3 Feb 2010	0.00	3.75
2 Dec 2009	+0.25	3.75
4 Nov 2009	+0.25	3.50
7 Oct 2009	+0.25	3.25
2 Sep 2009	0.00	3.00
5 Aug 2009	0.00	3.00
8 Jul 2009	0.00	3.00
3 Jun 2009	0.00	3.00
6 May 2009	0.00	3.00
8 Apr 2009	-0.25	3.00
4 Mar 2009	0.00	3.25
4 Feb 2009	-1.00	3.25
3 Dec 2008	-1.00	4.25
5 Nov 2008	-0.75	5.25
8 Oct 2008	-1.00	6.00
3 Sep 2008	-0.25	7.00
6 Aug 2008	0.00	7.25
2 Jul 2008	0.00	7.25
4 Jun 2008	0.00	7.25
7 May 2008	0.00	7.25
2 Apr 2008	0.00	7.25
5 Mar 2008	+0.25	7.25
6 Feb 2008	+0.25	7.00
ANZ has stated it would not reduce rates before its regular rates meeting on October 12. The outlook for growth in the world economy has softened over recent months The big four banks' standard variable home loan rates currently stand at: NAB 6.58 CBA 6.60 ANZ 6.80 Westpac 6.71

FMG - Is this stock ripe for the picking?

2012-09-15T22:40:00.001-07:00

The news is not good , but does that mean an opportunity for some or is just the beginning of the doom and gloom for the iron ore sector. Fortescue Metals Group currently is feeling the pain of the leaked news of them seeking waivers for their debt.

FMG SEEKING DEBT WAIVER

Shares of Fortescue dived the most in almost four years on Thursday after a report that the company had asked its lenders to waive all debt covenants for the next 12 months. Fortescue Metals has had $1.5 billion wiped from the value of its market capitalisation

Who FMG OWES MONEY TOO ?

According to Loan Pricing Corp data Lenders to fortescues include

National Australia Bank

Commonwealth Bank of Australia

Westpac Banking Corp

Australia and New Zealand Banking Group

JPMorgan

Bank of America Merrill Lynch

Analysts have said that “If the iron ore price remains around current levels then we suspect Fortescue will need to source at least an additional $1 billion of funding in the near term and around $4 billion over a two year period to bring gearing down to the 30-40 percent target”

Deutsche Bank

Credit Suisse and RBS

Low Key - Diggers and Dealers Australia 2012

2012-08-09T04:17:00.001-07:00

This years “Diggers & Dealers Conference” Forum 2012 is Fully Booked
This leading annual mining conference in Australia,combines presentations by listed mining and exploration companies with a large exhibition area housing exhibitors from the mining, exploration and service sectors.
Many upcoming mining companies have graduated from the ASX top 1000 to the ASX top 200 after showcasing their ventures at this event .A delegation of 150 back in 1992 has now reached a record high of 2300 for the three-day and three-night event.

Australia Mining conference 2012- Diggers and Dealers

Conference attendees for “DIGGERS AND DEALERS 2012” can enjoy world class entertainment program with the very best of the country style and hospitality of Kalgoorlie, the unofficial gold mining capital of Australia.

Monday 6 August – ( ALL DAYS PROGRAM SCHEDULE- CLICK HERE )

9:00 am
Welcome by Forum Chairman, Barry Eldridge
9:15 am
Keynote Address: Mr Rodrigo de Rato
10:15 am
Morning Tea
10:45 am
Cliffs Natural Resources - Joseph Carrabba, President & COO
11:15 am
Doray Minerals Ltd - Allan Kelly, Managing Director
11:40 am
Hot Chili Limited - Christian Easterday, Managing Director
12:05 pm
Lunch Break
1:00 pm
Newmont Asia Pacific - Jeff Huspeni, Senior Vice President, Asia Pacific, Newmont Mining Corporation
1:30 pm
Sandfire Resources NL - Karl Simich, CEO & Managing Director
1:55 pm
Silver Wheaton - Neil Burns, Vice President Technical Services
2:20 pm
Beadell Resources Ltd - Peter Bowler, Managing Director
2:45 pm
Afternoon Tea
3:15 pm
Nautilus Minerals - Steve Rogers, Chief Executive Officer
3.40pm
Mincor Resources NL - David Moore, CEO & Managing Director
4:05 pm
Evolution Mining - Jake Klein, Executive Chairman
4:30 pm
Gold Road Resources Ltd - Ian Murray, Executive Chairman
4.45pm
Iron Ore Holdings Limited - Alwyn Vorster, Managing Director
5:00 pm
Kasbah Resources Limited - Wayne Bramwell, Managing Director
5:15 pm
Ventnor Resources Limited - Bruce Maluish, Managing Director
5:30 pm
to 8:30 pm
The Nex Metals Explorations Ltd Cocktail Party - Sponsors' Marquee

Previous posts on Diggers and dealers 2012 – Australia :

The diggers and dealers forum meet 2011

Diggers + dealers 2009 Bust to BOOM 2009 /2010

Niall Ferguson to speak at “Diggers and Dealers 2010”

Click for more photos

IMPRESSIONS FROM THE 2012 DIGGERS&DEALERS MINING CONFERENCE

Pimp my gold mine - it ain't a party til a stretch Hummerzine pulls up. Photo: Jenna Clarke
Read more:http://www.watoday.com.au/wa-news/goodie-bags-and-how-to-become-a-garbage-guts-20120806-23plk.html#ixzz232vHfTLC
SPONSORS

Gala Dinner Sponsor

Senior Sponsor

Traditional Bash Sponsor

Cocktail Party Sponsor

Links:
DIGGERS & DEALERS 2012 Stories
Related Links:

Kalgoorlie, Western Australia at Kalgoorlie.info- www.kalgoorlie.com/ -
The Super Pit | KCGM - Largest Open Pit Mine in Australia -www.superpit.com.au
City Of Kalgoorlie-Boulder-www.kalbould.wa.gov.au/
http://www.kalgoorlietourism.com/node/58

Technorati Tags: diggers,dealers,kalgoorlie pub,forum 2009,mining companies,investment,kalgoorlie boulder,Program,gold company

Stockmarket Book Picks

2012-04-29T05:09:00.001-07:00

I had a browse on amazon this week for some investment books to brush up on my basics and here is what i found and filled my shopping basket with !! will review it later

Stock Investing For Dummies [Paperback]

Common Stocks and Uncommon Profits and Other Writings (Wiley Investment Classics)[Paperback]

The Neatest Little Guide to Stock Market Investing, 2010 Edition [Paperback]

The Neatest Little Guide to Stock Market Investing has established itself as a clear, concise, and highly effective guide for investing in stocks. This comprehensively updated edition contains tried-and-true investment principles to teach investors how to create and refine a profitable investment program.

Goodbye US of A, Hello China !!

2012-04-09T00:03:00.001-07:00

US will always will be the world's leading economic, military and political power, that's what all the US politicians would like the US people to believe, but the reality is soon becoming more visible with china's rapid economic progress.

China is rapidly gaining on the US as the world's leading economic power. According to data from the International Monetary Fund (IMF), China's economy is currently about 80 per cent of the size of the US economy.

Chinas Economy is projected to pass the US by 2016.

China’s economy will expand from $11.2 trillion this year to $19 trillion in 2016, while the U.S. economy will rise from $15.2 trillion to $18.8 trillion. That would take the U.S. share of the world’s economy down to 17.7%,

China is already a far bigger exporter of goods and services to the world with it exporting consumer electronics , Clothing and a increasing growth of their manufacturing sector. It has already passed the US as the world's biggest car market in 2009.

China has become the largest grocery market in the world, overtaking America for the first time after its consumers spent almost US$1 trillion in supermarkets last year, new research suggests.

Shift in world power - China Overtaking U.S. by 2016

Even if its growth rate slows to the 7.0 per cent annual ( which many economists and analysts predict) rate, China's economy will still be close to twice the size of the US economy in a decade

China Future superpower after US

The US has mainly benefited from the world a lot from patents and copyrights, intellectual property that the US has sought to impose on the rest of the world with its vast array of Patents for prescription drugs ( which is said to make cheap drugs incredibly expensive) and Patents in high tech. ( American Pharmaceutical Patents PDF copy )

China in a high profile case has contested the apple “ipad patent/copyrght concerns” and India has now increased production of non-patent prescription drugs which it is now increasingly exporting to growing economies like south Africa.

Steve jobs, Entrepreneur's and peter bond

2012-04-02T01:47:00.001-07:00

How do you measure the value of an entrepreneur?

Linc Energy CEO Peter Bond

In this quick video, Linc Energy CEO Peter Bond - ranked as the 10th wealthiest person in Australia - discusses his view on Steve Jobs and his ability to unify several ideas into one.

Steve jobs Impact on this world

Many people measure an entrepreneur's impact on the world by their many inventions, but a truly valuable entrepreneur has the ability to unify their ideas into one and make something special. An excellent entrepreneur leverages a spark of an idea into a reality.

"Peter Bond on: Steve Jobs" - http://www.youtube.com/watch?v=CmUMzvQg_9w

Australian SMEs predict social media

2012-03-23T17:27:00.001-07:00

Looking at online business networking and social media trends over the next three years. Findings show 58% of Australian SMEs predict social media will be one of the best ways to find new customers; whilst only 12% say they will use traditional advertising. The research surveyed 16,000 businesses world-wide.

I thought the findings might be of interest for a story on the top business tools for finding new customers, and the increasing value of online platforms in the business marketing mix.

Business marketing and social media

Other key findings show:

· In Australia, 78% of SMEs believe face-to-face networking will be key to recruiting customers over the next three years, compared to 76% of large businesses.

· Globally, business social media networks are expected to see a big boost – with 57% of businesses seeing this as an essential element in customer engagement strategies.

The research also ties in with the Regus launch of BusinessLink, a personalised online trading portal for Regus customers world-wide.

A full media release is below. Happy to send through more information on BusinessLink and the tabular findings. http://www.regus.presscentre.com/Resource-Library/Businesslink-video-8ff5.aspx

The research also analysed the key tools companies use for new business generation, and found:

· 59% of SMEs in Australia will be using social media over the next two to three years (up from 42% from the past three), in comparison to 58% of larger businesses (up from 45%).

· 58% of Australian firms believe online advertising is one of the top channels to find new customers in the next three years, up from 45% in the previous three.

· Attending trade exhibitions (31%) and public speaking at key events (44%) are also regarded as significant tools for future customer recruitment in Australia.

· In Australia, 78% of small businesses believe that face-to-face networking will be key to recruiting customers over the next three years, compared to 76% of large businesses.

· In Australia, traditional advertising (13%), direct mail (15%) and telemarketing (13%) are all in decline.

· Only 12% of small businesses predict they will use traditional advertising in the next three years.

· Globally, business social media networks will see the biggest boost, with 57% of businesses seeing them as essential tools in future (compared to 42% over the past).

Chubb Corp : International Stock Pick

2012-03-04T15:55:00.001-08:00

With our dollar becomes more valuable , many punters can now can also invest in overseas stocks comfortably. We not only have a strong dollar , but a nice trading platforms available to trade overseas stocks from home or then your broker trader.

Here is a look at a international stock that is also quite well-known in Australia and most parts of the world.

Overseas stock picks Australia

Chubb Corp (CB): The Chubb Corporation, through its subsidiaries and agencies , provides property and casualty insurance and security services to businesses and individuals.

This company who is well known for its security services in Australia, distributes its services and products through independent insurance agents and brokers in the United States, Canada, Europe, Australia, Latin America, and Asia.

The stock currently has a ROA of 4.3% and a ROE of 14.0%. CB is trading with a ROIC of 11.1%. CB is expected to earn $5.96 per share next year. The company is expected to grow at 7.65 % over the next 5 years. CB is valued at $65.2 using DEM. The company has a GY2PE of .86. CB is currently trading at $67.96, falling $2.2 or 3.1% this year.

The Chubb Corporation
15 Mountain View Road
Warren, NJ 07059
United States - Map
Phone: 908-903-2000
Fax: 908-903-2027
Website: http://www.chubb.com

CB is near its DEM value and is trading near its fair value. Chubb has a book value of $56.24 which was not used in these calculations.

The Chubb Corporation was formed in the year 1967 and was listed on the New York Stock Exchange in 1984. The company has approximately 10,100 employees throughout North America, Europe, South America, and the Pacific Rim. Chubb serves property and casualty customers internationally in some 120 offices in 27 countries around the globe. Chubb works with 8,500 independent agents and brokers worldwide.

Mining Jobs Lost as Miners poised to use software to replace Truck drivers and train driver jobs

2012-03-04T05:51:00.001-08:00

Truck Driving and other jobs are being lost rapidly as the top mining giants are in a race to automate their Trains and Trucks to work automatically, remotely controlled with software. A huge number of Truck drivers and train drivers will be losing their truck driving jobs due to the new automation being done by big mining companies like RIO TINTO and also being planned by other major miners like BHP. There has been a growing trend in the mining sector to sue “autonomous transport”

Automated Mining trucks

Both BHP and RIO TINTO are investigating and implemented in some mines the use of autonomous Dump trucks and RIO TINTO last month announced it would spend $483 million installing 41 autonomous trains in the region. These automated trains and trucks are said to be operated remotely in a office somewhere, with the trucks and trains needing no human drivers to drive them. The trains and trucks will be all automated and in some instances wont even need a to be controlled by a remote human operator, as it will be all automated.

Catepillar's soon-to-be-automated hauling trucks will be the largest but not the first. Caterpillar's rival, Japan-based Komatsu, already runs automated trucks at the Gaby mine in Chile with the initial tests done on Caterpillar 797B truck

The trucks are fitted with radars, lasers, communication antennas and high-precision GPS to enable them to become automated

After trains drivers took out a stay on execution recently, BHP confirmed that Drivers will be needed for their new batch of trains ordered recently, however a BHP spokesman has said that the new trains would include components which could enable autonomous use in the future.

The big mining giants who advertised heavily before and spent millions of dollars to oppose the mining tax and carbon price , saying that jobs would be lost because of these new taxes are now in the process of automating their fleets with a result of many Australian jobs being lost in the mining sector.

Technorati Tags: Mining trucks : cat mining trucks,777F,785 C,785 D,789 C,789 D,793 d,795 AC,797 F . MT 170,MT 240,Komatsu Trucks

What happens when mining companies takeover TV , Newspaper and radio channels

2012-02-11T20:28:00.001-08:00

These are the times for common man to worry when Large corporations have a vested interest in the large media companies and COULD POSSIBLY OWN THEM and run them for their own benefit . We saw the big ad campaigns being run TV , MEDIA AND RADIO against the mining taxes on these mining companies ( costing millions of dollars) by Mining companies when there was a risk to their big mining profits and pockets, when the Government were planning to introduce New mining taxes. With mining companies now directly having a stake in media companies this could be a game changer for them.

GINA RINEHART ( Australia's richest person thanks to her iron ore fortune in the Pilbara ) last night joined the ranks of Australia's media barons after becoming the biggest shareholder in Fairfax Media.

Image courtesy : Icantpaymybill.com - The complete debt management resource

The company ( Fairfax Media ) for which she is now one of the major shareholder runs Various Influential NEWSPAPERS AND RADIO STATIONS like www.smh.com.au , The Age, The Sydney Morning Herald, The Australian Financial Review, radio station 3AW
Lachlan Murdoch also personally controls 50% of radio company DMG
According to “get up”

“In July last year, climate-denialist Christopher Monckton advised mining industry insiders to create a US-style Fox News channel in Australia, supported by the "super wealthy" in order to provide supportive coverage for the mining industry. The video, filmed in the boardrooms of pro-mining organisation “Mannkal Economic Education Foundation”, shows Mr Monckton offering to work with commentators such as Andrew Bolt to establish the channel.”

In relation to this video , you can read his article here: Monckton to Push for an Australian Fox News to get an idea of what is currently happening

GetUp is an independent, grass-roots community advocacy organisation which aims to build a more progressive Australia by giving everyday Australians the opportunity to get involved and hold politicians accountable on important issues.

Articles in relation to this
Gina Rinehart lines up Fairfax to expand media influence – australian.com.au
Gina Rinehart, Australian mining magnate and now media mogul – the guardian.co.uk
http://campaignfortruth.com/vestedmedia.htm – campaign for truth
GINA RINEHART takes Big stake in media company fairfax – smh

Biggest tech IPO Facebook rumored to be in the pipeline

2012-01-30T05:00:00.001-08:00

Tech companies ipo’s have been pretty unexciting so far and not lived up to people expectations , but the facebook Ipo could possibly change this. Facebook is no one of the most popular social network website in the world and continues to expand at a rapid pace. Facebook has entered the homes of billions of people and become part of their lives wether it being a uprising ,flash mobs organising, riots information and social sharing, or then just LIKE.

Ref: http://www.behance.net/gallery/Adidas-Facebook-Superstars/817509

The Wall Street Journal ( financial newspaper) reports that Facebook is preparing to file initial paperwork for an offering that could raise as much as $US10 billion ($9.38 billion) and value the company at $US75 billion to $US100 billion.

Some Major ipo’s raised previously

Visa Inc's $US17.9 billion IPO ( March 2008 )
Agricultural Bank of China Ltd $US19.3 billion( July 2010 )

Facebook and its valuation

“Facebook's IPO” is reported to be one of the biggest for a US Internet company - topping the debut of one of its main rivals, Google . Facebook's reported valuation of $US75 billion to $US100 billion compares with many other major US companies valuation as listed below.

$US100 billion for McDonald's Corp
$90 billion for Citigroup Inc
$US55 billion for Hewlett-Packard Co
$90 billion Amazon.com Inc
$US75 billion for Bank of America Corp .

The other giants like APPLE have giant market capitalisations in comparison APPLE ( US$ 417 Billion) ,Microsoft (US$245 Billion) and Google (US$188 Billion). Founder Mark Zuckenberg has been saying that Facebook is in no hurry to list, but the US securities and exchange commission requires companies that have assets worth more than US$ 10 Million and 500 shareholders to disclose details of their financial performance making it harder for the facebook IPO to not come any sooner.

A collection of Links– Can too much analysis causes paralysis

2011-12-22T03:41:00.001-08:00

A good collection of links from economic factors to stock market analysis

Articles to ponder and read

Joseph Stiglitz re-examines the cause of the Great Depression and applies it to today. Click here.
And here The Economist responds to him. (It's rubbish, they say.) Click here.
Christopher Hitchens is dead. He was a great writer and independent thinker. Here he is talking about the art of writing and life in general. Click here.
Here's his website, called The Daily Hitchens. Click here.
Here is a compendium of his outburts (quotes). Click here.
A nice piece in New Yorker by his friend Christopher Buckley. Click here.
A collection of his articles put together by Slate. Click here.
And finally, here he is in debate on the question: can morality exist without God. Click here.
What went wrong with the Freakonomics formula. Click here.
Europe: The Brussels plan is a decent stopgap. But if Europe's countries in crisis can't hold out long enough to start growing their economies again, it won't matter. Click here.
Ric Battelino's excellent speech about Europe and the effect on the banks and Australia. Click here.
This was a terrific interview by Phillip Adams with Stratfor's George Friedman on "The Next Decade". Click here.
Market conditions have switched to "Hard-Negative", says John Hussman. Click here.
Europe is systemically important for at least three huge reasons. Click here.
Zero Hedge on the Australian bank stress tests. Click here.
19th Century 'Protestant Work Ethic' at Heart of Europe’s North/South Debt Crisis Split. Click here.

Bankers get with the chrissy spirit !!

2011-12-09T04:41:00.001-08:00

The small credit unions( BANK OF QUEENSLAND & MEMBERS EQUITY BANK ) jump started the Christmas spirit with passing on the full rate cut and t he big four followed suit to brighten up everybody's Christmas.

In spite of the sorry looking state of affairs in Europe and the US , our banks have weathered this financial crisis much better than some other countries and have given the aussies some respite this Christmas by passing the full rate cut to mortgage holders. This will come a s a big relief to many home owners who have been faced with mortgage stress.

Among the “big four banks” ANZ was the first of the big four to announce it was passing on the official quarter of a percentage point interest rate cut

Banks that passed the official quarter of a percentage point interest rate cut

ANZ BANK
NATIONAL AUSTRALIA BANK
COMMONWEALTH BANK
WESTPAC BANK
BANK OF QUEENSLAND
MEMBERS EQUITY BANK

While the economy is booming and the royalties from our mines which are flowing into the government coffers, there has been a rise in insolvencies with small businesses due to the one speed economy resulting in loss of jobs and mortgage stress.

Australians will get a breather with the rate cut and many will be opening their purse strings bit to splurge on some Christmas shopping also resulting in some cheer for the aussie retailers , who have been experiencing a gloom rather than the boom the mining sector is enjoying.

Technology start ups in the news with Deloitte and silicon valley funding

2011-11-17T21:17:00.001-08:00

Deloitte Australia has just announced Technology top 50 companies that have made a name for themselves and are growing rapidly. The Deloitte Technology Fast 50 is a program that recognises and profiles Australian technology companies, public or private, that have had rapid annual revenue growth.

Deloitte TOP 50 TECHNOLOGY companies

The program is supported by many interactive events and online forums, newsletters and seminars- available to all entrants - which will help you to grow the business.

Read and download the 2010 'The Winners Report' (PDF)

Australian Tech start-ups and funding

Many silicon valley companies and funding ventures are looking at australia as a major new country where many innovative start-ups are rapidly spawning and in recent months received million of $$ in funding money.
Some of the people and companies investing in australia are , YCombinator , US venture capital firm Accel Partners.
Startmate and Pollenizer are Australian companies that curently source funding for promising new Australian start-up's at the moment.

Start Me Up - The Rolling Stones (HQ Audio)

Stock market and High frequency trading

2011-09-16T16:35:00.001-07:00

High frequency and computerised trading and rogue trading is again in the news with trader Mr Adoboli working for UBS who was arrested at his desk, is alleged to have lost £1.3 billion through his rogue trades according to the company , now also annoucing that they might go into a loss in this quarter. According to some reports in the media it was said that Mr Adoboli Himself had reported the trade when the trade went bad before the computers picked up the loss.

Not so long ago in 2008 Jérôme Kerviel, the Paris-based Société Générale trader lost £4 billion in rogue trades, but fought it out in court contesting that the trading firm knew about his trades with large amounts.

High frequency computerised trading in Australia

HFT drives the wild swings in global markets and in co-relation influences the local assets, the intensity is expected to rise with online exchange Chi-X to begin operating in Australia soon with a limited number of stocks in November. The ASX will launch its PureMatch trade transaction network, geared towards "attracting high-frequency trading customers", in the same month.

Trading robots and Investment firms

A High frequency Trading ( HFT ) program is essentially "robots" or custom created software trading the market. This software is custom made for big investment firms , so that they can use this software on high end computers to execute them fast on the market , when certain criteria are met( for eg the price of s stock falls a certain percentage quickly then the software can sell the stock rapidly, these trades sometimes takes multiple criteria and factors to execute a trade).The software are often also called “trading robots”. These robots or programs can also be describes as “Computer platform that allows the Financial Institution to engage in sophisticated high-speed, and high-volume trades on various stock and commodities markets. “ Among other things, the platform is capable of quickly obtaining and processing information regarding rapid developments in these markets.

"The problem is that so many of them are tied to look for the same price movements. So if one robot starts buying it just feeds all the other bots to do the same. It’s one factor contributing to these ridiculous swings you see on the markets." .At the same time sometimes when one robot of a big investment firms sells this can create a price drop on a stock, this can trigger another robot also to sell, thus creating a big sell off on the market as well. The big investment firms are quite secretive of the the algorithm that their robots trade on , as other trading firms can take advantage of this knowledge
The rapid speed of this approach allows hedge funds and banks to dip into shares, commodities and other investments, sometimes in a matter of seconds to do massive trades to realise big profits. Goldman Sachs is a leader in the business of computed millisecond stock trades, reaping great profits from the transactions.

Recently ,computer trading software was in the news when according to media reports Sergey Aleynikov, tried to steal the computer trading software from Goldman’s Sachs automated stock and commodities trading business program.These software helps generate millions of dollars in profits each year.

When huge volumes of stock are moved or traded in such short time, fortunes are made and lost before anyone without such fast access can respond. The market changes in a blink of an eye faster than the trader on the floor can pick up his phone. Australia does not allow for the kinds of arbitrage trading seen between trading platforms in the US and Europe. Critics say HFT is arbitrage, because it’s "getting something for nothing." which means that everyone pays, though many traders argue that HFT is no different from day-trading or even “buy and hold” and therefore is not arbitrage.

In Australia, a high-profile court case between two local market heavyweights, Optiver and Tibra Capital, was in courts amid intense secrecy over revealing computer codes used in the trading strategy because of their incredible value

Flash trades Algorithmic trading and “Wash trades”

Traders Magazine defined Flash trading, otherwise known as a flash order as “a marketable order sent to a market centre that is not quoting the industry's best price or that cannot fill that order in its entirety. The order is then flashed to recipients of the venue's proprietary data feed to see if any of those firms wants to take the other side of the order. This practice enables the market centre to try to keep the trade.

The practice of flashing orders across trading platforms helps providers of market liquidity, many of whom are high-frequency traders with powerful computer trading systems, to attract "buy" and "sell" orders from investors. Critics of the practice says sometimes some big traders can unfairly exploit others with this method.

An ASX review details ''wash trades'', with the information that a wash trade ''is deemed to create a false and misleading appearance of active trading in a security'' and breaches the Corporations Act

The European Commission, the 27-nation European Union’s executive arm, is considering listing specific examples of strategies using algorithmic and high-frequency trading that should be punished by regulators as market manipulation

Australia , ASIC and High frequency trading

Electronic traders have been active in the Australian Stock market for several years. The most recent estimates suggest that high-frequency traders (HFT) make up about 20 per cent of the local share market's trades. ASIC has flagged tightening controls on stockbrokers that allow hedge funds to use their systems for high-frequency electronic trading as it prepares to open the Australian market to high-frequency trading groups

Links

Market Makers and High Frequency Trading

Cash-cow---high-frequency-trading

Australian equity market structure

Technorati Tags: Quick trading software,HFT,High Speed trading,Software trading,Dark pool markets,Computerised Trades,Algo trading,Wash trades,Australian Trading policy,ASIC,ASX,CHI-X,Electronic trading,Digital,Stock,High,frequency,rogue,Jerome kerviel,Paris,societe generale,robots,robot,factor,algorithm,advantage,Goldman,Sachs,Sergey

The diggers and dealers forum meet 2011

2011-08-02T07:00:00.001-07:00

The diggers and dealers forum has just begun August 1. Its a three day annual event happening every year at the WA country town of kalgoorlie.

2011 Diggers & Dealers forum

Big name brokers keenly watching the event will be

Macquarie
Deutsche Bank
Bell Potter
Goldman Sachs
RBS Morgans
Evans & Partners
Hartleys
Black Swan
Euroz.

Well most other websites will give you the finer details of the annual meet and greet that happens at kalgoorlie , so we will just stick with the bare minimum of details and focus on the more enjoyable bits of information that the dealers require to strike a good deal while in town.

Bare details

Website : Diggers & Dealers

Events : Program and schedule

Watering holes and entertainment at Diggers and dealers forum

Pubs , clubs and skimpy (barmaids) culture in kalgoorlie . There are about 25 pubs in Kalgoorlie-Boulder area and for a city that stretches just 67sq km the number of pubs makes for a good choice on drinking holes and entertainment

Exchange Hotel ( Paddys irish Bar) -135 Hannan St Kalgoorlie-Boulder 6430 WA (08) 9021 2833

Piccadilly Hotel - 164 Piccadilly Street, Kalgoorlie - (08) 9021 2109

North End Tavern - 25 Ward Street, Kalgoorlie - (08) 9021 2120

Broken Hill Hotel - Lane Street, Boulder WA 6432(08) 9093 1459 ‎

Kalgoorlie Hotel - 319 Hannan Street, Kalgoorlie WA 6430(08) 9021 3046 ‎

For Diggers and Dealers enquiries please contact:

Diggers & Dealers Mining Forum
PO Box 979, West Perth WA 6872
Email: admin@diggersndealers.com.au

Check out our older posts of Diggers and dealers 2009 , and also Diggers & dealers 2010 for more history and information on previous diggers and dealers events

Related Links:

Kalgoorlie, Western Australia at Kalgoorlie.info- www.kalgoorlie.com/ -
The Super Pit | KCGM - Largest Open Pit Mine in Australia -www.superpit.com.au
City Of Kalgoorlie-Boulder-www.kalbould.wa.gov.au/
http://www.kalgoorlietourism.com/node/58