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Investors Lounge
hisah
#4621 Posted : Tuesday, December 08, 2015 6:01:46 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Cde Monomotapa wrote:
Very interesting...

ROK to sell 3 billion yuan panda bonds in China

Quote:
BEIJING, Dec. 8 (Xinhua) -- The government of the Republic of Korea (ROK) will issue 3 billion yuan (470 million U.S. dollars) worth of panda bonds, the first sovereign government to sell such bonds, China's central bank said on Tuesday.
http://news.xinhuanet.co...5-12/08/c_134897288.htm

Excellent! Bypassing the USD hegemony.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Cde Monomotapa
#4622 Posted : Tuesday, December 08, 2015 6:20:18 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
As we Fed stake, @hisah @lochaz check out this horse & cart type story. Give a synopsis.

Rough diamond bubble bust (Part 1)
http://www.mineweb.com/n...-part-1/?v=518f4a738816
lochaz-index
#4623 Posted : Wednesday, December 09, 2015 6:42:11 PM
Rank: Veteran


Joined: 9/18/2014
Posts: 1,127
Cde Monomotapa wrote:
As we Fed stake, @hisah @lochaz check out this horse & cart type story. Give a synopsis.

Rough diamond bubble bust (Part 1)
http://www.mineweb.com/n...-part-1/?v=518f4a738816


Upside down value chain. To an extent it mirrors the fracking racket.

Cheap credit must be extinguished before any sense of normalcy can return. In the long term the market must return to equilibrium.......a massive price shakeout should suffice. Weed out the weaklings as it were(both miners and manufacturers).

Commodities just can't catch a break, can they? Just seen the Bloomberg commodity index hovering very near its 1999 lows having zoomed past the GFC level. If the commodity rout is anything to go by, then equities are headed for one long and devastating winter period.

The main purpose of the stock market is to make fools of as many people as possible.
lochaz-index
#4624 Posted : Wednesday, December 09, 2015 9:47:07 PM
Rank: Veteran


Joined: 9/18/2014
Posts: 1,127
hisah wrote:
lochaz-index wrote:
A chronology on the possibility of Deutsche Bank being the next Lehman debacle. Explains why Germany has been treating Greece with kid gloves and the non-default shenanigans. Implausible derivatives to Germany GDP ratio thrown in for good measure.

Top billing for the hiring of former Lehman fixed income honcho.

http://notquant.com/is-d...e-bank-the-next-lehman/

Deutsche bank Glencore headlines coming soon and market turmoil...


http://www.bloomberg.com...er-market-amid-pullback

Deutsche Bank and credit suisse axed as Belgian primary dealers.
The main purpose of the stock market is to make fools of as many people as possible.
lochaz-index
#4625 Posted : Wednesday, December 09, 2015 10:09:14 PM
Rank: Veteran


Joined: 9/18/2014
Posts: 1,127
http://www.chicagotribun...f3b-20151207-story.html

Greece's master plan of escaping from its debt trap.
The main purpose of the stock market is to make fools of as many people as possible.
obiero
#4626 Posted : Thursday, December 10, 2015 4:59:00 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
KCB CEO declares wealth.. Equity CEO may not announce his for obvious reasons.. www.kbctv.co.ke/index.ph...s-net-worth-is-shs-220m/
Hizo loan jo.. Mingi tu sana

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
murchr
#4627 Posted : Thursday, December 10, 2015 6:58:41 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,979
Crude oil price down to $37 a barrel. OPEC wants to kill competition badly
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
TheGeek
#4628 Posted : Thursday, December 10, 2015 6:59:59 PM
Rank: Member


Joined: 7/3/2014
Posts: 245
Shareholder Wealth erosion at the NSE continues. And we can say we have a regulator ?

Express Kenya CEO Hector Diniz edges closer to owning 71 per cent of its shares
In the world of securities, courage and patience become the supreme virtues after adequate knowledge and a tested judgment are at hand.
ajstyles
#4629 Posted : Thursday, December 10, 2015 7:37:18 PM
Rank: Hello


Joined: 9/21/2015
Posts: 2
Investing in upcoming ipos can be a good option as popular ipos may gain in their opening week
hisah
#4630 Posted : Friday, December 11, 2015 11:22:29 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
SEC rule wipes billions of undeveloped reserves off the books

Quote:
Many US oil companies operating in shale play will have to erase millions of barrels from the reserves on their books in the next few months as they report 2015 figures.

A 2009 accounting change by the Securities and Exchange Commission (SEC) allowed companies to claim reserves from wells that would not be drilled for years. This rule, however, stipulated that the undrilled wells must be drilled within five years of reporting the reserves and be profitable at a price determined by the SEC formula.

Independent oil company Chesapeake Energy will lose 45% of its inventory, or 1.1 billion barrels of oil, while Denver’s Bill Barrett will lose 40% and Oasis Petroleum 33%.


Then the bankruptcy galore next year. If you think oil prices have crashed you haven't seen anything yet! Add the USD Fed rate hike and many firms will be going to the ICU!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
whiteowl
#4631 Posted : Saturday, December 12, 2015 11:01:28 AM
Rank: Veteran


Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
hisah wrote:
SEC rule wipes billions of undeveloped reserves off the books

Quote:
Many US oil companies operating in shale play will have to erase millions of barrels from the reserves on their books in the next few months as they report 2015 figures.

A 2009 accounting change by the Securities and Exchange Commission (SEC) allowed companies to claim reserves from wells that would not be drilled for years. This rule, however, stipulated that the undrilled wells must be drilled within five years of reporting the reserves and be profitable at a price determined by the SEC formula.

Independent oil company Chesapeake Energy will lose 45% of its inventory, or 1.1 billion barrels of oil, while Denver’s Bill Barrett will lose 40% and Oasis Petroleum 33%.


Then the bankruptcy galore next year. If you think oil prices have crashed you haven't seen anything yet! Add the USD Fed rate hike and many firms will be going to the ICU!


This oil bear is the only thing holding up the Kenya Shilling. When the trend reverses, we'll be fried.
lochaz-index
#4632 Posted : Saturday, December 12, 2015 12:12:08 PM
Rank: Veteran


Joined: 9/18/2014
Posts: 1,127
http://www.bloomberg.com...sting-whitman-pioneered

Third Avenue mutual fund just pulled a BNP Paribas(in 2008) move. History does indeed repeat itself.

Junk bond turmoil is getting entertaining by the day.
The main purpose of the stock market is to make fools of as many people as possible.
Cde Monomotapa
#4633 Posted : Sunday, December 13, 2015 3:39:37 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
NBK on Xinhua! Mashallah... wameumbika!

Kenyan think tank hails yuan's inclusion into currency club

http://news.xinhuanet.co...15-12/13/c_134911557.htm
Cde Monomotapa
#4634 Posted : Sunday, December 13, 2015 7:14:36 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Bringing Islamic banking to Kenya

Quote:
National Bank of Kenya is driving the Islamic banking sector in the country, according to Munir Ahmed CEO at National Bank of Kenya.
http://www.cpifinancial....d&utm_medium=twitter
hisah
#4635 Posted : Monday, December 14, 2015 6:45:08 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
lochaz-index wrote:
http://www.bloomberg.com/news/articles/2015-12-12/third-avenue-stumbles-on-distress-investing-whitman-pioneered

Third Avenue mutual fund just pulled a BNP Paribas(in 2008) move. History does indeed repeat itself.

Junk bond turmoil is getting entertaining by the day.

The junk bond market chaos is just getting started! By next year the carnage will be awesome... Let's see how that liquidity destroying event will see markets maintain their current lofty levels. Willey Coyote has walked off the cliff just that he hasn't looked down yet...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Cde Monomotapa
#4636 Posted : Monday, December 14, 2015 7:41:45 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
With great power comes great responsibility.

What a time for Big Sino. Making of Asia-Euro? Consolidating the producer ccys while free floating the consumption and savings ccy. Extra-ord times www.theedgemarkets.com/m...dex#.Vm4ndd0nt3k.twitter
lochaz-index
#4637 Posted : Monday, December 14, 2015 9:41:24 AM
Rank: Veteran


Joined: 9/18/2014
Posts: 1,127
hisah wrote:
lochaz-index wrote:
http://www.bloomberg.com/news/articles/2015-12-12/third-avenue-stumbles-on-distress-investing-whitman-pioneered

Third Avenue mutual fund just pulled a BNP Paribas(in 2008) move. History does indeed repeat itself.

Junk bond turmoil is getting entertaining by the day.

The junk bond market chaos is just getting started! By next year the carnage will be awesome... Let's see how that liquidity destroying event will see markets maintain their current lofty levels. Willey Coyote has walked off the cliff just that he hasn't looked down yet...


My word. Casualties are piling in. Stone lion capital just joined the party by locking out investor redemptions. Liquidity is evaporating at an exponential rate. Chaos is brewing and capital will be wiped out ruthlessly in this financial armageddon.

Downgrades and defaults have been the choice words with reference to this market...... Bankruptcies will soon follow in swift fashion.
The main purpose of the stock market is to make fools of as many people as possible.
lochaz-index
#4638 Posted : Monday, December 14, 2015 9:43:58 AM
Rank: Veteran


Joined: 9/18/2014
Posts: 1,127
Cde Monomotapa wrote:
With great power comes great responsibility.

What a time for Big Sino. Making of Asia-Euro? Consolidating the producer ccys while free floating the consumption and savings ccy. Extra-ord times www.theedgemarkets.com/m...dex#.Vm4ndd0nt3k.twitter


Smart Sino. A roundabout way of preparing to depeg from the dollar.
The main purpose of the stock market is to make fools of as many people as possible.
DBLyon
#4639 Posted : Tuesday, December 15, 2015 1:22:44 PM
Rank: Member


Joined: 5/28/2014
Posts: 149
Location: Nairobi
lochaz-index wrote:
hisah wrote:
lochaz-index wrote:
http://www.bloomberg.com/news/articles/2015-12-12/third-avenue-stumbles-on-distress-investing-whitman-pioneered

Third Avenue mutual fund just pulled a BNP Paribas(in 2008) move. History does indeed repeat itself.

Junk bond turmoil is getting entertaining by the day.

The junk bond market chaos is just getting started! By next year the carnage will be awesome... Let's see how that liquidity destroying event will see markets maintain their current lofty levels. Willey Coyote has walked off the cliff just that he hasn't looked down yet...


My word. Casualties are piling in. Stone lion capital just joined the party by locking out investor redemptions. Liquidity is evaporating at an exponential rate. Chaos is brewing and capital will be wiped out ruthlessly in this financial armageddon.

Downgrades and defaults have been the choice words with reference to this market...... Bankruptcies will soon follow in swift fashion.


Some truth to this 7-year cycle thing? what's the name of that theory that was posted somewhere on Wazua recently? Some doomsday thing...age is catching up...I cannot for the life of me remember that doomsday prophet's name.
When you live for others' opinions, you are dead.

- Carlos Slim Helu
DBLyon
#4640 Posted : Tuesday, December 15, 2015 1:26:20 PM
Rank: Member


Joined: 5/28/2014
Posts: 149
Location: Nairobi
DBLyon wrote:
lochaz-index wrote:
hisah wrote:
lochaz-index wrote:
http://www.bloomberg.com/news/articles/2015-12-12/third-avenue-stumbles-on-distress-investing-whitman-pioneered

Third Avenue mutual fund just pulled a BNP Paribas(in 2008) move. History does indeed repeat itself.

Junk bond turmoil is getting entertaining by the day.

The junk bond market chaos is just getting started! By next year the carnage will be awesome... Let's see how that liquidity destroying event will see markets maintain their current lofty levels. Willey Coyote has walked off the cliff just that he hasn't looked down yet...


My word. Casualties are piling in. Stone lion capital just joined the party by locking out investor redemptions. Liquidity is evaporating at an exponential rate. Chaos is brewing and capital will be wiped out ruthlessly in this financial armageddon.

Downgrades and defaults have been the choice words with reference to this market...... Bankruptcies will soon follow in swift fashion.


Some truth to this 7-year cycle thing? what's the name of that theory that was posted somewhere on Wazua recently? Some doomsday thing...age is catching up...I cannot for the life of me remember that doomsday prophet's name.


Shemitah, it is. Incidentally, the guy, Jeff Berwick, is selling a 'Survive Shemitah' package. Laughing out loudly
When you live for others' opinions, you are dead.

- Carlos Slim Helu
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