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

To: energyplay who wrote (53524)	9/19/2004 6:30:37 PM
From: TobagoJack	Respond to of 74559

EP thanks for the names. Regarding HK property shares, they often trade below NAV, pay a healthy divi, and mean easy money when bought at 52 week lows. For examples uk.finance.yahoo.com uk.finance.yahoo.com uk.finance.yahoo.com As I am already in HK physical properties, I generally shy away from the paper stuff, although I do note that 0041.hk may have another 50-80% gain before peaking. It has a huge slice of its NAV in the Langham Place langhamhotels.com development, around which I have positioned my troops in ground-level shops and smaller buildings surrounding the site. Check out the Digital Sky feature "The Digital Sky Suspended on top of the Grand Atrium, spanning across the entire length of the mall is the Digital Sky. Never before seen in Hong Kong, this immerse rooftop screen will showcase a continuous medley of entrancing visualizations, from psychedelic swirls to rolling clouds, giving the mall an ambience like no other." The building is complete and leasing well, and is adding value to my positions. The entirety of my Mongkok gambles are directly related to the Langham Place, by proximity. See recap of progression of the campaign here Message 19781668 <<February 8th, 2004>> Chugs, Jay

To: energyplay who wrote (53524)	9/19/2004 7:54:20 PM
From: Seeker of Truth	Read Replies (1) \| Respond to of 74559

Hello EnergyPlay, Thanks for your eagerness to commend me but actually I didn't advocate the strategy of investing in tiny companies with wells in exotic locations. I'm under the perhaps totally wrong impression that finding oil is one vastly complicated business and many different technologies are required. Many different experts must be hired etc. Therefore the odds are stacked against the small company in such a business. I may be totally wrong but that's my impression. My reason for not investing in the US is that I loathe Bush & Co. and refuse to get in the same pen as they are. My reason for not talking about investing in Canadian oil companies is that I am already fully laden with CNQ, PEY.UN, AE.UN, PMT.UN, ES.TO, Vet.Un, HTE.UN etc. These are often discussed topics. So I have been buying Russian oil companies which I sold, scared of the political scene, STO which turned out to be fine, LUPE.ST which turns out to be just so so. The point is we should be able to assure ourselves that past gains have a good chance of continuing. I don't know how you do that with a tiny company that has a brief record of profitability. I was just joking about that Hungarian oil company. All it is is a name with past prices. Not enough data.