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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?

To: El Canadiense who wrote (15840)	1/10/2006 3:21:16 AM
From: Crossy	Respond to of 37387

Cartonet, on Kurdistan.. how true.. HOC.TO according to the interview by CEO Gulbenkian is in the process of signing another MOU in IRAQ but this time 10-times bigger than the first one already signed. Heritage is dealing with both the KRG (Kurdistan Regional Government) nad the central government. Expect things to speed up once the new government is formed in Bagdad. You should also watch their Russian operations. That is merely DEVELOPMENT drilling of a >100MMBOE field (possible upside from here, maybe a billion barrel opportunity like TMY), with exploration upside on top of it.. HOC.TO has developed good connections to Gazprom and Gazprom is a "no-nonsense" player these days. Stay tuned. On DNO.NO expect an update on Yemen drilling by the end of this week and on IRAQ drilling by end of next week.. Japanese equities: yes, many of my former candidates are good buys again and I still got my Shindenden Electric (6844.J) left in my folio - it's up 50% from where I bought it and clearly a longterm investment in Power semis. JEOL (6974.J) is another cheap company into high tech (metrology, nanotech) - their ultra-capacitor project is progressing very well. If people want to diversify out of energy, I certainly would recommend Japan and other Asian countries and JEOL is certainly a tech-company on the value side.. all the best CROSSY

To: El Canadiense who wrote (15840)	2/6/2006 10:39:48 AM
From: Crossy	Respond to of 37387

re: JAPEN - Shindengen Electric 6844.J Cartonet, on Shindendgen Electric (6844.J), a maker of Power Semiconductors (Rectifiers, Power-FETS, Triacs, Thyristors, Power-ICs) - now Yen 850 - which has been climbing 2-6% almost each day this year, I checked fundamentals and found that it just seems to have been overlooked by the street. They turned around last year (2005/March), marginally increasing revenue to Y89bn, but boosted profits to Y2bn and EPS to around 22 Yen/share. Well that was last year. This year their turnover was Y47bn in the half year period to September and their fully year (YearEnd is March 2006) guidance was Y97bn revenue, which should mean 9% growth - a remarkable restructuring story that now is converging into a great growth play. Projected revenue per share is around Y1200 - which is my target for the next 3-6 months.. looks like Shindengen is increasing market share also.. quote.yahoo.co.jp quote.yahoo.co.jp quote.yahoo.co.jp bigcharts.marketwatch.com volume is climbing nicely, shadowing the climb of the underlying share price - a good sign of a healthy bullish environemnt for a stock.. Don Coxe turned very bullish on the Japanese market and I'm going to devote my next dose of DD to researching this avenue.. there are hundreds of interesting companies to look at, revenues growing on the Asian Tiger BOOST from all over the place (China, India, Singapore, EastAsia) and profits are rising across all sectors.. all the best CROSSY

To: El Canadiense who wrote (15840)	2/26/2006 8:30:28 PM
From: Crossy	Read Replies (1) \| Respond to of 37387

re: Nihon Unicom (8744.J) - 1660 Yen For those who like industrial metals and other commodities, there might be a nice class of back-door plays to consider - COMMODITY BROKERS around the world ! Looking at Asia right now and Japan because Don Coxe (BMO Harris) was so bullish on the region and I share this wholeheartedly.... It all started with an an "odd" conundrum in Japanese equity valuations I spotted while researching Japanese Brokerage girms - a differential in valuing Stock Brokers and Commodity Brokers trading on the Japanes markets.. In Japan, many Equity Brokerages accross the board, still on the "old" reatil comission business model are valued at Price/Sales of 5 and higher but have ultra-volatile earnings and inconsistent revenue trends - and the worst is most are still realying on the old comission driven retail broker model despite these valuations. However they feel the squeeze pain from web-centric brokers and comissions are decreasing quickly. There are around 30-40 publicly listed firms in this sector, a crowded field. All the speculative money seems to flock here. Insane. I don't want to buy such "ALBATROS" type of firms.. But COMMODITY BROKERS (!) seem to be quite attractive in Japan today. Price/Sales around 1 - like the "cheaeper" worldwide counterparts. Nicely growing. JAP is a big futures market (2nd or 3rd biggest in the world I guess) and everyond knows how attractive commodities have become worldwide - with output increasing, money flowing into the many sectors, these markets should have a lot more contracts to deal with as a "fallout" of this newfound sector interest . Some Japanese commodity brokers are even building "fullservice" portfolios (asset management, international, forex etc..) Right now I am buying a relatively unknown company called NIHON UNICOM, ticker is 8744.J on the Japan OTC - it is the 3rd-4th largest commodity broker in Japan but the only one with a more "International" orientation from what I learn. There are 11 listed commodity brokers. This one does nice English presentations also, even communicating strategy. Unlike many other players, they are stressing their WEB interfaces not the local branches. They also prop up a stock broker, other OTC derivative business and are ultra-conservatively financed (highest capital adequacy of all Jap. Comm Brokers). Alliance with Samsung Futures for Korea markets, "outposts" in the US and HK/SG futures markets.. Ratios are nice also: Price/Sales of 1.0, Price/Book 1.15. Revenue 2005/03TTM was Y-19.3bn, Marketcap is Y-18.3bn.. growing their asset management side nicely.. They are trading for around Y-1660 per share. Lot size is 100 shares I was told by my broker, unlike the 1000 lot size of many other "lighter" stocks like Shindengen.. Looks like all the sheep are buying stock brokers' shares in Japan these days, whereas the real LONGTERM value here is certainly with the commodity dealers.. The business model is good for EBITDA margins of 25-30% which is nothing to sneeze at. This is the reason why I think we could enjoy tremendous value growth in companies like Nihon Unicom, up to a 5-bagger over 2 years.. I selected the firm among its sector cousins because they have started to partner with FOREIGN COMMODITY BROKERS and they are developing and stressing their web-access products (e-trading, web based brokerage) which sets them apart from most of the contenders.. If their strategic plan works out nicely, they could earn up to 300 Yen per share annually.. after tax of course.. Update.. they had a rather good quarterly announcement recently .. looks like they posted good Q3-month numbers: check it out: www.business.com/directory/financial_services/asset_management/investment_management_firms/asia/nihon_unicom_corporation www.unicom.co.jp/index-english.html bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=jp%3A8744&sid=0&o_symb=jp%3A8744&freq=1&time=7 quote.yahoo.co.jp/q?s=8744&d=v1&k=c3&h=on&z=m best rgrds CROSSY