Salient to Investors: Mark Mobius at Templeton Emerging Markets is holding and buying Macau gambling stocks as Macau will gain from expanding family entertainment and become China’s premier destination for leisure and entertainment. Read the full article at http://www.bloomberg.com/news/2013-04-23/mobius-says-macau-casinos-to-expand-on-family-push.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Jesper Madsen at Matthews Intl Capital Mgmt said global investors have been seeking dividend-payers to the point where some areas of the market are overvalued, while more cyclical businesses are selling at significant discount. Madsen said Asia is a very fertile environment for yield, as well as being one of
READ MORE... →Salient to Investors: Angelo Zino at S&P Financial Services said there is no way the Suntech shareholders are going to get anything. Zino said a host of companies have gotten billions of dollars from Wall Street investors, who will ultimately get nothing. Risks to investors in solar have spread after the collapse
READ MORE... →Salient to Investors: Jim O’Neill at Goldman Sachs says: China equities are very cheap and are the best place to be in 2013. Don’t expect draconian tightening in China as inflation last year was way below their target and the government has been careful not to stimulate economy too much and are doing a good
READ MORE... →Salient to Investors: Investors are exiting the BRICs as disappointing profits and growing state intervention cause stocks to trail global shares for a fourth year. Over 59 percent of MSCI BRIC index companies have missed analyst estimates for the fourth-straight quarter in 2013. Peter Dixon at Commerzbank says lower valuations means the time is ripe for
READ MORE... →Salient to Investors: Liu Guangming at Dongxing Securities said investors may have expectations for some reforms after the NPC, and the economy is quite stable, at least in half1. Ting Lu at Bank of America said the surge in forex purchases is due largely to a pent-up demand for renminbi with
READ MORE... →Salient to Investors: The Shanghai index is at 13.4 times reported earnings, the highest level since September 2011, and its 14-day relative strength index was at 69 yesterday, close to the Sell signal level above 70. Zhang Lei at Minsheng Securities cites speculation of more property tightening as home prices have not fallen. Xie
READ MORE... →Salient to Investors: Bloomberg survey of global investors: 38 percent, the highest, expect the US to be in the top two markets over the next year, followed by China. 53% say equities offer the highest return in the next year, the most since the poll began in July 2009. Nearly
READ MORE... →Salient to Investors: quick cash edge Jonathan Weil writes: China is a kleptocracy run by, and for the benefit of, the Communist Party elite, who have allowed securities fraud to flourish, and routinely obstructed overseas regulators’ investigations. Tiny research firm Muddy Waters has done more to expose Chinese stock scams than
READ MORE... →Salient to Investors: The Shanghai Composite rose 3.2 percent in 2012 and trades at 9.9 times estimated earnings. Read the full article at http://www.bloomberg.com/news/2013-01-06/china-stock-rally-may-end-without-reform-shanghai-alliance-says.html Click here to receive free email alerts of articles as soon as they are posted.
READ MORE... →