Lowyat.NET: Latest topics by David_Brent

STOCK MARKET DISCUSSION V106

David_Brent — Fri, 18 Nov 2011 00:41:43 +0800

New Topic Here~

Sic Transit Gloria Mundi!

UOA Group

David_Brent — Mon, 21 Mar 2011 20:57:55 +0800

Someone posted today about a proposed UOA Group IPO to take place soon.

We already have their REIT to invest in - which has not performed particularly well.

UOA Group is run and controlled by the (Singaporean) Kong family - headed by C.S. Kong together with his two daughters and a son.

Singaporean Cecelia Chan is the Property Director. She is well known in the developer world in KL - for various reasons...

The word is they are in the process of cleaning up their "story" in preparation for a listing and that CIMB will be the lead IB.

Any views on this "Chinaman" company and their chances for a successful IPO?

Stock Market V. 56

David_Brent — Thu, 13 May 2010 21:27:34 +0800

...continued from version 55...
Time to make some serious money!!

Investing in Wine

David_Brent — Wed, 14 Apr 2010 19:28:36 +0800

Wine outstrips shares as investors get the taste for liquid assets

Investors driven to drink by the market turmoil of the past few years may have been on to a good thing.

Top-notch wine has withstood two US recessions and beaten a benchmark shares index over the past 13 years, according to a study by two Swiss-based economists.

Philippe Masset and Jean-Philippe Weisskopf studied more than 400,000 wine prices between January 1996 and January 2009. The period covers the dotcom boom and bust and the credit bubble and subsequent market meltdown.

Their general wine index beat the Russell 3000 Index of top US shares, mainly due to wine's outperformance in the recent crisis. From mid-2008, wine fell 17pc compared with a 47pc drop in the shares index.

The economists found that an index of first-growth Bordeaux from top vintages "hugely outperforms" their two other wine indexes from 2005. Top Bordeaux wines include Chateau Margaux, Chateau Latour and Chateau Lafite Rothschild.

The elite wines produced a more than fivefold return compared with the regular wine index, which more than doubled. The Russell 3000 rose about 50pc in the same time, Bloomberg reported.

"Our findings show that the inclusion of wine in a portfolio and, especially, more prestigious wines, increases the portfolio's returns while reducing its risk, particularly during the financial crisis," concluded Professor Masset and Mr Weisskopf in their study, Raise Your Glass: Wine Investment and the Financial Crisis.

Simon Staples, sales director at wine merchants Berry Bros & Rudd, said wine started to catch on as an investment in 1996, a top year in Bordeaux, but really took off from 2003.

During the financial crisis, investor interest continued to rise because wine, like gold, is a tangible asset.

Prices dipped after Lehman Brothers collapsed in September 2008 but picked up again from the middle of last year as confidence returned to the City. Prices of top Bordeaux at Berry Bros are also being driven by huge Chinese demand.

"China has a new thirst for the top 20 brands from Bordeaux," Mr Staples said. "Lafite is going up 15pc or 20pc a month in just about every vintage."

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Stock Market V. 53

David_Brent — Wed, 31 Mar 2010 13:50:32 +0800

Continued from V.52

Stock Market V.45

David_Brent — Wed, 25 Nov 2009 20:51:10 +0800

Continued from Version 44 - Make your money HERE!

Stock Market V.43

David_Brent — Mon, 02 Nov 2009 17:41:02 +0800

Continued from V.42
Cheer up everyone!!