Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: pezz who wrote (40940)	11/5/2003 11:20:57 PM
From: TobagoJack	Read Replies (2) \| Respond to of 74559

Hello Pezz, <<But answer me this. Did your dad believe that people should be forced to ... >> ... Nope, he never ever thought force should be used unless it was against Fascism. He was in the British recon unit for training but never saw combat. <<Did he believe that people should not be allowed to freely conduct business if they so chose?>> ... Nope again, because all Trinis are born free, like them big cats in Africa :0) <<My definition of power is to exercise control over the lives of others>> ... That be politicians in general and exceptions are few. <<Based on my definition of the phrase as used here a "true communist" would answer yes to both questions>> ... in reality, in my understanding, a true believer would answer 'no' to both questions. And so we now understand each other:0) <<Ray thinks of the current crop of CEO's facing prison as "true capitalists"...are they?>> ... Hmmn, they got caught. We do not actually know about the rest, yet. <<I wonder how Ray would define you>> ... 'a rapacious, heartless and lazy scum of the earth, and a Trini pig without any social redeeming value’ ? <<How would you define yourself in this perspective?>> … a Republican wrapped around a Libertarian kernel, minus the Homeland Defense stuffing. Chugs, Jay

To: pezz who wrote (40940)	11/5/2003 11:48:05 PM
From: TobagoJack	Read Replies (2) \| Respond to of 74559

Hello Pezz, PICC Trading Session Lunch Break Report: The battle field smoke is clearing, and here is the way matters stand – A whole lot of shares exchanged hands finance.yahoo.com (one billion shares or USD 330 million), facing off at 1000 buyers vs 2000 sellers, bidding for 169 mm shares at HKD 2.675/shr, for the 120 mm shares on offer at HKD 2.70/shr. I am figuring, while sitting on my three tranches (that be 3x my normally allowed long-term holding amount), bought at average entry price of HKD 2.525, that the share can rest at HKD 2.90, but am prepared to double up again should it fall to HKD 2.00. The 12-months target price should be around HKD 4.00 due to US ADR listing, China concept mania, RMB revaluation rumors, improved earnings from last 12 month's low (lots of bad stuff happened - flood, SARS, etc). Now, lunch, walkies, and then rejuvenated afternoon struggle against other good-for-nothing human slug scums of the earth :0) Chugs, Jay References: Message 19470650 Message 19455558 Message 19444705 Message 19467092 Message 19470582 Message 19470600

To: pezz who wrote (40940)	11/6/2003 1:39:52 AM
From: TobagoJack	Respond to of 74559

Hello Pezz, The PICC finance.yahoo.com Battle Continues: My lunch was good. The wine, 1/3 gone, was excellent. The flavor, together with the sun outside my abode, reminded me of college days, a jug of wine strapped to my belt, frolicking in the sunny gorges of Upstate New York. The missing ingredient today was the college lady friend and the skinny dip after emptying the Bully Hill elixir. Alas, no days are perfect compared to days of old ;0) The alcohol is taking its measure of me. I have been working off its hold by dancing to the Turkish music played loud, head decorated with a Uiguer hat from China’s Xinkiang far western autonomous region, alternately gyrating round and round with arm outstretched, and bounding around with arms flapping like chick wings. I do not know what is moving me. I am looking forward to 4:00pm and my second swim. Now, I feel like making rude pelvic-thrust movements while staring out at the ocean below the balcony. I am a dangerous menace at this juncture ;0) Today’s news? Here it goes: I am guessing that the US is feeling lonesome for partners … Message 19471207 “Mr Powell’s overall assessment of US-China ties was unusually positive. At one point, he called the two countries “real partners.”” … and China/India are taking each other’s measurement … Message 19471183 “Joint exercises seen as balancing act to keep nuclear rivals happy” … Saskatchewan Wheat Pool and Bunge may turn out to be good bets, but I may have to buy back Cresud of Argentina in a hurry Message 19471185 “Fears of grain shortage mounting” … perhaps this is not a wise move Message 19471187 “Mainland's soaring foreign reserves surpass US$400b” … and this choice may turn out OK Message 19471197 “Fish farmer hopes to net $8 million” Chugs, Jay References: Message 19471048 Message 19470650 Message 19455558 Message 19444705 Message 19467092 Message 19470582 Message 19470600 FWIW, I think 2328.HK is good, because their last 12 month's profit was depressed due to all the reasons you already know, and given that they have 80+% market share, they were in all the disasters. Premiums are rising, as would be the case elsewhere in the world, and with all that trade, domestic and global, every single container requires insurance, and every single factory must be covered, because, in free enterprise and private property schema, owned stuff is worth insuring all of a sudden ;0) Once several other insurance companies go IPO, the market for Life will be opened to P&C companies, and P&C will be available for Life companies. I know a bit about the business, and it is easier to go from P&C (including workman's comp) to Life than the other way around. AIG has 9+% of PICC P&C, but AIG has only three city licenses for branch office (Shanghai - life/P&C, Shenzhen - life, Guangzhou - P&C) and so AIG may see fit to hijack the PICC relationship to get a head-start on nationwide P&C/Life. FYI, I bought 300k shares so far, but may retreat to 200k shares, and then go to 600k shares, depending. Should the RMB revalue ... oh, boy, watch out. A financial company, market dictator, with all RMB revenue tagged to global, regional and domestic trade and manufacturing ?!

To: pezz who wrote (40940)	11/6/2003 2:50:52 AM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hello Pezz, Afternoon Report: I have started to rebuild my untimely-depleted China portfolio: Purchased a tranche of Sinotrans finance.yahoo.com at HKD 3.675/shr. It is the ex-monopoly courier service now in league with DHL, servicing oodles of business clients; and Purchased a tranche of Travelsky finance.yahoo.com at HKD 7.25/shr. It is the de-facto monopoly reservation system, serving growing domestic and outbound international traffic of folks. I decided to hold on to my three tranches of PICC P&C finance.yahoo.com , the ex-monopoly P&C insurer whose market share will supposed slip to a mere 60% by 2007 as the underlying market will probably double biz.yahoo.com , serving … well, you know, the growing travel and other industries. If you detect a thread of logic through the three decisions, you would probably be correct :0) All three can easily suffer a 20% roll back in value in a hurry, and if so, should be treated as a gift to pile on more, because there would be not much choice ;0/ Chugs, Jay References: Message 19471243 Message 19471048 Message 19470650 Message 19455558 Message 19444705 Message 19467092 Message 19470582 Message 19470600

To: pezz who wrote (40940)	11/6/2003 7:54:49 AM
From: TobagoJack	Read Replies (2) \| Respond to of 74559

Good evening Pezz, Just a Note: The reflexologist will be here at 9:00pm for my treatment. I am unnecessarily reminding you that taking profit is not a crime. I was moved to write this note because I just dodged a bullet uk.finance.yahoo.com (NEG Micon down 14.5% on market open becausethey missed their number uk.biz.yahoo.com ) I remind you Message 19344547 <<September 26th, 2003>> of my lucky decision. Yes, I admit it, it IS all luck. In the spirit of 'opportunitism', I have set appropriate traps on the top and bottom-side for IVAN uk.finance.yahoo.com , as well as for KCS Energy uk.finance.yahoo.com , hoping that one trap or the other will be sprung by the time I am done with reflexology :0) Automated money making, courtesy of Greensputin and BurnAndKaput, is wonderful. Chugs, Jay