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Det ser meget stærkt ud. Det er faktisk helt vildt.
Det er sjovt, at markedet reagerer så negativt.
jeg sparer på olien, så jeg cykler til cph. Olien er udskiftet med frugtsaft og myslibars.
Du minder mig om de kristene fundamentalister i USA.
De mener hårdnakket, at verden blev skabt af gud for 4000 år siden.
Du har drejet den et hak længere.
Verden blev skabt i år, - og se der lå Danmark med den høje levestrandard og de fattige i andre lande lever i rædselsfuld fattigdom og det vil de altid gøre.
Kender udemærket godt deres afrikaneres mentalitet. De er nærmest ligesom Spaniolere - manjana, som sjovt nok leve lige så godt som os, hvis ikke bedre.
Jeg kan stadig huske, hvordan min far nedrakkede Grækenland og de andre lande sydpå fordi de ville ind i eu - De levede jo i lerhytter.
Jeg gider ikke snakke med dig mere.
----------------------------------
Korea Startede med at bygge skibe og skibsmotorer i starten af 80'erne. Dengang var der jordveje og træhuse. Idag ligger verdens største motorbygger, skibsværft og bilfabrik side om side i Sydkorea og deres levestandard er steget fra et niveau svarende til mange afrikanske lande idag - til vores niveau.
Det tog mindre end 20 år.
De er ved at starte op med motorfabrikker i Vietnam. Kun samle og testfabrikker. Det sidste jeg hørte var at gulvene på de fabrikker havde stampet lerjord. De begynder nok snart selv af fremstille en del af komponenterne selv.
Overvejer vietnam opportunity fond eller noget lignende - cavico er tydeligt enten et bluffnummer eller også er det noget andet galt.
Har mere tiltro til vietnameserne end afrikanerne, men de er også forfærdeligt fattige i vietnam. Har kun min fars ord for det - "de har jo ikke engang ordentlige frikadeller"!!!.
http://www.abc.net.au/news/stories/2008/06/24/2284759.htm
http://seekingalpha.com/article/82450-china-steelmaker-agrees-to-biggest-ever-iron-ore-price-increase
http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10518060&ref=rss
Tænk sig, der er masser af iron ore i afrika - og sikkert meget andet godt.
Hvis man nu byggede en fabrik til 2-3 milliarder, der producerede Iron ore for 3-6 milliarder årligt.
Hvad mon det ville skabe af ændringer i samfundet. Det giver nok jobs til et par tusinde mennesker uden underleverandørerne er talt med. De mennesker vil nok købe bedre og større huse...og så en knallert...og så en bil...så begynder de at bygge elektronik lokalt for det er enkelt, og så starter de med at lave solceller fordi det kan jeg godt lide, og så går de over til at lave fjernsyn og stereoanlæg også, og så skal de selvfølgelig have flere kraftværker, fordi de gerne vil kigge i de fjernsyn også. Det næste er at deres børn kommer stormende til europa for at få en uddannelse som mange kinesere gør idag. Så får de studiejobs hos Ericson - det ser altid godt ud på et CV, at man har arbejdet for Ericson i Sydhavnen. Så bliver de chef for AP Møller og Carlsberg, da de er meget mere energiske end danskere, som efterhånden er på bistandshjælp allesammen og kun generer mig på dette chatboard.
Nu er iron ore priserne steget til næsten 200 dollars pr. ton fra australien og noget mindre fra brasilien. Næsten en fordobling på 1 år..de sidder helt sikkert og tæller knapper for at se om det kan betale sig at bygge en fabrik mere som f.eks i afrika - arbejdeskraften er billig, men jernet er fuldstændigt lige så godt som andre steder.
Bilsalget i kina er tidoblet på mindre end ti år, og det er næsten på højde med salget i USA nu. Det var nærmest 0 for ikke så mange år siden - nu er er det 10.000.000 stykker.
http://da.wikipedia.org/wiki/Eksponentiel_v%C3%A6kst
Boligbyggeriet er mange mange gange højere.
Mit Fjernsyn og de produkter de laver til mig er helt i orden, men jeg stiller også krav til det jeg køber.
Jeg køber snart en ny cykel - og det skal være megakram. Der er sikkert en del, der kommer fra kina. Det kan man ikke altid være sikker på, men jeg køber bare noget kram. Det bliver Ultegra fra Shimano - om de har udliciteret en del af produktionen betyder ikke noget. De har folk der kontrollerer kvaliteten.
Nå det var nok for denne uge. Jeg er kørt.
http://www.abc.net.au/news/stories/2008/06/24/2284759.htm
http://seekingalpha.com/article/82450-china-steelmaker-agrees-to-biggest-ever-iron-ore-price-increase
http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10518060&ref=rss
SIA sales med regional fordeling.
http://www.sia-online.org/downloads/gsr_0805.pdf
Det er 2 sider, så glem ikke den nederste side - pil down.
http://www.abc.net.au/news/stories/2008/06/24/2284759.htm
http://seekingalpha.com/article/82450-china-steelmaker-agrees-to-biggest-ever-iron-ore-price-increase
http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10518060&ref=rss
KLIC er tilbage i 6.6.
Man kan sikkert fiske den i 6 igen eller måske under 6 indenfor de næste par måneder.
Psyk og Gumsen er røget i spjældet.
Jeg er meget meget ked af det på deres vegne.
Skitzofreni er en forfærdelig sygdom.
http://www.abc.net.au/news/stories/2008/06/24/2284759.htm
http://seekingalpha.com/article/82450-china-steelmaker-agrees-to-biggest-ever-iron-ore-price-increase
http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10518060&ref=rss
MYC4 En genial ide.
http://midspar.dk/composite-529.htm
Investeringer i afrika.
Bliv "medejer" af en skobutik, slagterforretning, juvelbutik, jernmine..
Gi en hånd til afrika..
http://www.myc4.com/Portal/default.aspx
En ven omtalte det, har intet forhold til det i øvrigt andet end ligegyldigt hvad man ellers har gjort det sidste år, så slår det de canadiske drillere.
http://www.abc.net.au/news/stories/2008/06/24/2284759.htm
http://seekingalpha.com/article/82450-china-steelmaker-agrees-to-biggest-ever-iron-ore-price-increase
http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10518060&ref=rss
Jeg er væk til søndag aften.
Så må I hygge Jer.
Hold kæft hvor er jeg træt at aktierne. Det er bedre end i februar/marts, men det er ikke megen trøst. Der er nok snart nogen, der giver op og så får vi et flushout igen.
Jeg holder fri igen som jeg bare skulle have gjort i 15 måneder - skulle have sat det på en højrentekonto og så bare sagt rend mig.
http://www.abc.net.au/news/stories/2008/06/24/2284759.htm
http://seekingalpha.com/article/82450-china-steelmaker-agrees-to-biggest-ever-iron-ore-price-increase
http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10518060&ref=rss
Jeg synes det er lidt for vildt.
http://www.dn.no/finans/portal/stock-oslo?newt__ticker=QEC&newt__context=oslo
Så kan BQI for min skyld stige med 100%
QEC steg 10 gange på mindre end et par måneder.
Træt af aktier.
Wheat Boom an Indicator of Inflation
by: Thomas Tan posted on: March 03, 2008 | about stocks: DBA / MOO
http://seekingalpha.com/article/66815-wheat-boom-an-indicator-of-inflation
Guess what is the hottest market these days? Gold, wrong. Platinum, too late. Oil, doesn't even count. It is Wheat. Where is this happening? Forget about New York, or Chicago or London. It is right in the mid-west of US, the Minneapolis Grain Exchange [MGE] in the Twin Cities of Minnesota, where wheat has been up to the limit almost daily since last month.
This Monday (2/25) was historical for grain trading. The March 08 wheat futures soared to $25 a bushel and closed at $24, compared to about $5 a year ago. At the same time, we have seen all grains at historical highs, with soybean hitting another all time high at $14.55 and corn roaring to nearly $5.40 a bushel; - the list goes on and on.
During the summer of 1997 when I was at business school, I did my summer internship at Cargill Capital Market Group. I like the Twin Cities a lot in the summer. At that time, no one paid any attention to commodities, especially agricultural ones. Even Cargill was the largest private company in the world then, everyone treated Cargill as if it were in the wrong business at the wrong time. And it is true, it was the period that only technology, internet and telecom counted as real businesses; other businesses were just garbage.
Who cares about growing crops? Farmers were actually losing money if they had no US government subsidies. Cargill's profit margin was worse than Wal-Mart's; actually they were lucky if they didn't lose money. This is why they wanted to extend their business arm into the banking and trading area by establishing Capital Market Group which I was working for. Well, things have changed a lot in 10 years. I can't imagine how profitable they are these days with their huge global agricultural infrastructure from storage and processing to transportation. They must be making billions these days.
Back to wheat. 2008 will definitely be a legendary year in the grain history book. There have been several bull markets in grains for the last 35 years since early 1970s. The soybean market soared in 2004, mainly due to better-than-expected demand, and production problems in South America, especially in Brazil. The rise was short-lived, faded quickly and didn't wasn't joined by other grains. However, it turns out to be an appetizer for today's main course.
There was a grain spike in early 1996 caused by the worst drought in 30 years and many regions around the world were affected. The 1988 corn boom was again caused by drought. None of the above three spikes lasted very long, since issues were more temporary or local. An interesting one before all these was the 1970s boom fueled by US exports. As we know, Nixon abandoned gold standard and decoupled US dollar from gold in early 70s, resulting sudden devaluation of US dollar, which made grains cheap and so grain exports soared.
At the same time, with the signing of the SALT treaty between US and the former Soviet Union in 1974, the Cold War calmed down and the repeated drought situation in Russia forced the Soviets to became a large importer of grains, especially from US. This grain exports by US and Europe ended when US imposed grain embargo because of the Soviet invasion of Afghanistan in 1980.
The current grain boom combined with other markets make people feel more like it is a repeat of 1970s, when we also had surging agricultural commodities, energy shortage, soaring gold price, inflation and recession. Agricultural products, especially wheat, are the ingredients of almost all food products we purchase at supermarket every day, such as beef, milk, eggs. Their soaring prices will only lead to higher prices for all food.
In 1970s, wheat was a very good leading indicator to inflation. With all grains reaching historical highs, it is hard to substitute one for another. It is also hard to believe that inflation is not a problem in the future. Food and energy costs are the two main elements impacting people in their daily life. However, they are excluded from the core CPI, which also shows an alarming 4.3% yoy increase lately. If food and energy are included, the number would have been much higher.
This is why I always feel TIPs has substantially understated the real inflation impact creating a false illusion of full inflation protection. Inflation will also increase company cost base, not only from raw materials and wages, but also from financing point of view. With higher inflation, corporate bonds would need to pay higher interest and bond investors may have less incentive to purchase due to the long-term nature of these bonds, and all this is aside from the credit and liquidity issue we are facing today.
This is not good news for equity financing either; higher inflation means a higher discount rate. Stock investors will value the same company with lower by discounting future cashflow and profits. It also reduces consumer willingness to spend, further pressuring top line growth in addition to the problem of recession. The companies hurt the most are probably those which have limited power to raise prices, such as consumer staples, but whose cost base is impacted the most by inflation. Their profit margin will shrink substantially and will make today's low P/E ratio look very high tomorrow.
We know at the bottom of the bear market in the 1970s, P/E ratio felled to 7, compared to about 16 right now. I feel it was probably more due to inflation than recession at that time. So which battle will the Fed fight? Will they raise rates to fight inflation or continue to reduce rates to fight for recession? Except in Paul Volcker's era, in every period of US history, the Fed has always chosen to fight recession.
This is very different mindset from ECB, originating from the fact that in 1930s, Europe was fighting triple digit inflation because of the Weimar Republic, while US was fighting depression here at home. So ECB has been kept a much closer eye to inflation while US Fed has always tried to defuse recession before it leads into depression. It has worked almost every time except, of course, the 1970s. Food inflation is one of the most politically sensitive issues in the World, especially for poor countries. People can live without money, people can even live with very low living standards and without energy as our ancestors did, but people can't live without food. Food inflation will cause political instability, social unrest and riots around the world. It is a much bigger problem than global warming.
About 10 years ago, Jim Rogers had correctly predicted the current agricultural commodity boom. As he stated, this is a super-cycle which should last until around 2020. I hope he is wrong. If we have this agricultural commodity boom going strongly like this all the way until 2020, the World might end before we can even see whether or not his prediction is true.
Thomas Tan
Thomas Tan
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http://www.abc.net.au/news/stories/2008/06/24/2284759.htm
http://seekingalpha.com/article/82450-china-steelmaker-agrees-to-biggest-ever-iron-ore-price-increase
http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10518060&ref=rss
Er der ikke noget med hvedecyclusser og leading og lagging indicators.?
Det lyder klogt.
Jeg har lavet alt forkert i måneder, så nu kigge jeg kun på drys og håber den falder ned i 60.
Ja det kunne være rart at vide.
http://tfc-charts.w2d.com/menu.html
Synes snart de landbrugsprodukter er steget rigeligt.
India Bans Corn Exports to Control Domestic Prices (Update2)
By Thomas Kutty Abraham
July 3 (Bloomberg) -- India banned corn exports and curbed shipments of steel, seeking to boost domestic supplies and cool the fastest inflation in 13 years as world commodity prices soar.
Corn futures plunged by the daily limit in Mumbai after the trade ministry said it would halt overseas sales by the world's sixth-biggest supplier until Oct. 15. Tata Steel Ltd. led a plunge in steel shares after producers agreed to cut some exports.
India's corn ban adds to curbs on exports of rice, wheat and cooking oil as the government seeks to tame price increases that have driven interest rates to a six-year high and stoked social unrest. The nation increased corn shipments more than sixfold in the past year as the global price doubled.
``Global corn prices are certain to look up,'' said Atul Chaturvedi, president at Adani Enterprises Ltd., India's biggest exporter of farm products, in a phone interview. ``Supplies are tight globally and Indian corn was a welcome relief for most buyers in Southeast Asia.''
Corn futures for December delivery dropped 1 percent to $7.7275 a bushel in after-hours trading on the Chicago Board of Trade. Earlier, prices fell as much as 1.6 percent. Corn touched a record $7.9925 on June 27 as the worst flooding in the U.S. Midwest since 1993 damaged fields.
In India, corn for July delivery fell 4 percent to 931.50 rupees per 100 kilograms on the National Commodity & Derivatives Exchange Ltd. Corn gained 40 percent this year before today.
Shipments from India totaled a record 2.5 million tons in the year ended June 30 as feed makers in Southeast Asia sought cheaper alternatives to supplies from the U.S., the biggest exporter. Exports were 400,000 tons in the previous year.
Global Harvest
World corn output in the crop year that begins Oct. 1 will total 775.3 million tons, down from 789.8 million estimated for this year, according to the U.S. Department of Agriculture.
India's corn exports may reach 1.5 million tons in the year beginning October, the USDA said. Contracts for 500,000 tons may not be executed because of the ban, said Manish Gupta, managing director at Gujarat Ambuja Exports Ltd.
``The ban will make everyone involved in exports bleed,'' he said by telephone from Ahmedabad in western India.
Record food prices have led to strikes in Argentina and sparked riots in more than 30 developing countries. The United Nations in April said higher prices for staples ranging from corn and rice to wheat and palm oil are ``threatening to plunge more than 100 million people on every continent into hunger.''
Steelmakers agreed today to cut exports of hot-rolled coils to bolster local supplies, Sajjan Jindal, Managing Director of JSW Steel Ltd., India's third-biggest producer, told reporters after a meeting with government officials. The companies, who agreed to freeze prices for three months after lowering them by 10 percent in May, may not raise prices next month, he said.
Stocks Slump
Tata Steel, India's biggest steelmaker, slumped 11.5 percent to 656 rupees while Steel Authority of India Ltd., the second- biggest, plunged 11.7 percent to 125.3 rupees at close of trade in Mumbai. JSW Steel shares closed at 730 rupees, down 9 percent.
Steelmakers export 5 million tons, about one-tenth of total output. India is the world's fifth-largest maker of the alloy.
Rising prices have eroded the popularity of India's ruling Congress party, which lost ground in nine of 11 state elections since January 2007. Prime Minister Manmohan Singh's main ally, the communist parties, and the opposition Bharatiya Janata Party staged nationwide protests last month, blocking trains and roads.
``I don't think the government will lift the export ban in October,'' Gujarat Ambuja's Gupta said. ``It will be keen to make sure that prices remain under control.''
India's inflation rate climbed to 11.42 percent in the week ended June 14, the highest since 1995.
To contact the reporter on this story: Thomas Kutty Abraham in Mumbai at tabraham4@bloomberg.net
Last Updated: July 3, 2008 09:14 EDT
Den her er ikke poppet og droppet som TAN endnu.
De ser næsten fine ud de biler.
http://www.zenncars.com/
Solar Cell Production Jumps 50 Percent in 2007
http://www.earth-policy.org/Indicators/Solar/2007.htm
For at sætte det lidt i sammenhæng med noget man kan forholde sig til - så svarer beløbet og investeringerne nogenlunde til den fabrik Daimler er ved at planlægge i ungarn - med 2500 ansatte - til produktion af 100.000 biler årligt.
1.000 MW svarer desværre kun til danmarks største kulkraftværk. Det er nu også kun 1 producent. Yingli er jo også ved at øge deres kapacitet til 600 MW årligt.
Nu rallyer DRYS dæleme. Jeg tror det er en krakand.
Det kan også være det er en rigtig and. Jeg køber i hvertfald ikke endnu.
Jeg regner med den lige kan knibe sig op i 72 for at falde igen. Fanger jeg ikke den her - nede i 55-62, så fanger jeg en af de andre jeg kigger på.
Jeg tager ud for at cykle.
Hygge.
SOLAR:SHOWA SHELL BEKREFTER JPY 100 MRD-SOLCELLEFABRIKK
Thu Jul 03 11:24:53 CEST 2008
Oslo (TDN Finans): Showa Shell, et tilknyttet selskap til Royal Dutch Shell, bekrefter at det i samarbeid med Ulvac vil investere minst 100 milliarder yen (944 millioner dollar) i en solcellefabrikk, og har mål om å øke produksjonskapasiteten fra dagens 20 megawatt pr år til 1.000 megawatt innen 2011. Det fremgår av en melding fra selskapet i Tokyo, ifølge Bloomberg News torsdag. Den japanske avisen Nikkei skrev om planene onsdag. Den nye fabrikken skal produsere solceller med bruk av metalliske sammensetninger, som kobber, for å unngå bruk av dyrere silisium. Showa Shell vil bruke syv milliarder yen for å bygge en forskningsfasilitet for å få fart på utviklingen av solarteknologien.
http://www.abc.net.au/news/stories/2008/06/24/2284759.htm
http://seekingalpha.com/article/82450-china-steelmaker-agrees-to-biggest-ever-iron-ore-price-increase
http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10518060&ref=rss
Det var enten en krakand eller en krikand.
Jeg faldt forresten over dette link.
Jeg er begyndt at sømme i andedammen oppe nordpå.
Har foreløbigt voldtaget 1 and, da jeg var undermedicineret.
http://www.dn.no/finans/?jgo=
Du kender det sikkert.
De analytikere giver mig en fantastisk chane for at købe drys i 55-60 igen.
De er helt vildt kloge.
Fin ide. Cellulose ethanol - eller planteolie ("diesel") fra alger.
Jeg har det bedst med planteolierne. Det skal kun presses. Det andet skal gære, skkert nemt nok, men store mængder.
http://www.abc.net.au/news/stories/2008/06/24/2284759.htm
http://seekingalpha.com/article/82450-china-steelmaker-agrees-to-biggest-ever-iron-ore-price-increase
http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10518060&ref=rss
- Det her er årsagen til jeg tænkte Buffet købte BNI.
Det er langsigtet en strategisk perle.
Det er svært som individuel investor at bruge hans ideer.
Some Consequences if Oil Prices Stay High
by: Zacks.com posted on: July 02, 2008 | about stocks: CAL / DAL / F / FDX / GE / GM / OIL / TM / UAUA / UPS / USO Font Size: PrintEmail Director of Zacks Equity Research Dirk van Dijk, CFA has long considered the affects of sky-high energy prices for an extended period of time on the overall global economy. Today we have him spell out a couple scenarios that may be plausible in the months and years ahead.
What do you foresee if oil prices remain at high levels?
Well, the downside could be massive wars over resources and a major collapse of the world economy. However, let’s focus on a more middle of the road case, one where in real terms the price of oil remains where it is today.
For the most part, these are changes that will occur due to market forces, with relatively little need for changes in public policy. Stable real prices for oil would imply ongoing demand destruction in the OECD [Organization of Economic Cooperation and Development] countries combined with some slowdown in the growth of consumption in the emerging economies. The magnitude and the shape of the demand response to changes in price differs greatly if the change is seen as permanent, or just a temporary spike. So far most of the responses we have seen to higher oil prices seem to reflect the view that high prices are just an aberration.
What sorts of changes would we expect to see, say a decade from now?
Well first and foremost would be the “great slowdown.” We will probably see the return of the dreaded “double nickel” speed limit. However, more significant than this would be a slowdown in freight shipments, most notably by changing the mode of transportation, not the slowing of each mode.
As a general rule of thumb, each mode shift results in a five-fold improvement in energy efficiency. Fewer goods would move by air freight, particularly if there was no ocean to cross. This will mean that firms like FedEx (FDX) and UPS (UPS) should be considered like the airlines are today, firms you only rent for a tactical trade, not as something you seriously consider investing in for the long term.
Those goods would be shifted to the next slowest mode of transportation, trucking. A large percentage of the goods that are now carried by trucks would be shifted to rail. Truckers who concentrate on full truckload cargos would be at more risk than those that do a large amount of less-than-truckload business.
Since most of the population lives near the coast or on a navigable waterway, we may see a return of inter-coastal shipping. The amount of energy conserved by each class of shipping taking one step slower would be enormous. To pull this off would require quite a bit of investment in infrastructure, in particular refurbishing (or creating) ports and upgrading the carrying capacity of the rail system.
Firms that made rail cars would benefit while makers of big class eight trucks will suffer. Where rail was used, it would be primarily for the long haul, with trucks still used to go the last 50 or 100 miles. This would mean that businesses would have to keep larger inventories on hand, since they could not count on the part to be there exactly when they needed it anymore (not to mention the greater amount of inventories in transit).
Warehouses could make a comeback. This will result in a need for more working capital, and will reduce returns on assets, but hardly to a crippling degree.
Some things we have grown used to have become simply unavailable, but they are not particularly critical to the running of the world economy. For example, it is no longer feasible to fly cut flowers from the southern hemisphere to the U.S. in the middle of winter. Valentines Day will be much more expensive. There will be less fresh fruit available off-season. Given the energy-intensive nature of modern agriculture, food prices in general will be higher than we have been used to over the last several decades.
It sounds as if many things we’ve taken for granted, like air travel, would be considered luxuries.
In terms of personal transportation, air travel has once again become more of a luxury good. It is still widely available, but there are fewer flights, they are more crowded and it is significantly more expensive. Business travel is down as more firms use teleconferencing for routine meetings, although if it is important enough, businessmen still travel. Up until this point, telecommuting has largely been a question of lifestyle (i.e. more time with the kids), and sort of considered a perk by most firms. Look for a much larger percentage of workers to be doing so from home.
Elsewhere, with broadband Internet connections, there is little real need for most office workers to actually be in the office. This trend will not be good for commercial real estate. With more people working from home the demand for office space will fall, and with it office rents.
It also implies that major hardware suppliers for the Internet, firms like Cisco (CSCO), will continue to be well positioned. Working from home will be particularly attractive to those people who live in the exurbs. Telecommuters may be the only people who can afford to live in communities 40 miles from an urban center with no good public transportation. Housing prices will recover much more quickly in the cities and the inner ring of suburbs than in the outer suburbs. Many McMansions built in those communities may never sell for the prices they went for when first built a year or two ago.
Do you see this affecting the auto industry in any profound ways?
Cars are still in use, but by this time the remaining auto firms have shifted most of their production to smaller, more fuel-efficient vehicles. Plug-in hybrids have picked up a significant – but still far from dominant – share of the new car market, but are still about as common as a Prius is on the road today. Large SUVs and pickup trucks have become niche vehicles largely used for commercial (or agricultural) reasons. This mix shift, while very bad for profitability, will certainly help the auto firms meet the new CAFE standards.
People will consider it normal to rent a truck for those occasions that they need to tow something. Taking public transportation to work is no longer frowned upon (never really the case in a few large urban areas, such as New York and Chicago, but very much the case today in many areas). Ethanol has become a major source of liquid fuels, although most of the production is derived either from cellulosic sources like switch grass or wood chips, or from algae.
Are electric cars a major consideration?
The ongoing shift towards plug-in hybrids increases the importance of electricity in the overall energy mix. If the Chevy Volt can be produced in a large enough quantity soon enough, it might be the savior of GM (GM).
How about other forms of alternative energy?
Wind has become a major energy source with a band of wind farms running up the Western Great Plains. The manufacture of wind turbines is one of General Electric’s (GE) biggest business units, both for domestic use and for export.
Hopefully by that time, the engineering challenge of how to deal with radioactive waste will have been solved, and a large number (say 30 to 40) nuclear power plants are either under construction or have come on line. However, if that challenge cannot be solved, it seems foolhardy to be creating and storing large amounts of waste above ground in a post-9/11 world. We will probably have to relax the standards for the length of time the material has to be absolutely safe, from the current 100,000 years to something a bit more manageable, but still very long term, say 10,000 years (which going back rather than forward reaches beyond even the earliest villages on Earth).
Ja det er ufatteligt dyrt.
Jeg solgte drys i 83,6 i fredags.
Sidder og kigger, nu er den i 72, men jeg tror den skal længere ned. Har indtil videre hugget 15-18 dollars pr. aktie de sidste uger.
Jeg vil gætte på den skal ned i 60 nu.
Jeg har jo dig, du er også en kæmpe ekspert.
Hvorfor skulle jeg så kontakte en professionel.
Politikken med støtte til biodiesel fra majs har vist sig at være forkert - så er jeg sgu ligeglad med om landbrugssektoren i US arbejdede, så hårdt i kulisserne for at få ethanol fra majs fremmet politisk. Jeg kunne bare se det ville gå galt - det var fundamentalt en blindgyde.
Folks kortsigtet misforståede handlinger behøver jeg ikke deltage i.
Grunden til jeg kigger på biodiesel fra alger er fordi - det potentielt kunne være et sted, hvor man kunne tjene mange penge. Producenterne og aktionærerne.
Det kunne være en ny industri, der kommer frem - lidt ligesom solceller - eller bare det kæmpe opsving, der har været i gødningsfirmaer (- potash og Terrano.. )
Solceller: selvom de har eksisteret i mange år, så er det først nu de for alvor begynder at producere noget, der ville kunne have en lille indflydelse. Den sidste rapport jeg har læst var noget med 100 dobling af elektriciteten fra solceller inden 2020 var det vist (US). Den rapport er sikkert også drejet til den forkerte side fordi der er politiske interesser indblandet - men det betyder ikke noget. Jeg kan selv løbende vurdere hvordan det går. - Men du ved jo slet ikke, hvad jeg normalt kigger på og hvordan jeg tænker. Du har ikke skyggen af en ide.
- eller hvad med de oil-sands i canada.
Det næste bliver måske Oil-shale i USA
Kul i usa (Boomer allerede, men det gjorde det ikke for 1,5 år siden: de har masser af kul..)
Alternativ energi: Bølge, vind, tidal wave (Bulderer allerede afsted og Bush har lige akkurat for et par timer siden talt om ret store støttebeløb til projekter indenfor vedvarende energi).
Det er sådan noget du afviser...fordi du er så skide klog og kender mennesker. Mennesker reagerer på impulser og grådighed.
- og hvad så, jeg sidder og kigger for at regne ud hvornår de opdager at Oil Shale kunne blive interessant igen (jeg har ikke set det nævnt i nogle "officielle" kilder for alvor endnu).
- specielt når man tænker på, at efterspørgslen efter benzin sandsynligvis vil følge forbruget af major kapital goods: Fly, biler, motorcykler - alle de der ting du ikke kan finde ud af at addere.
Du skal ikke kigge på kvalitet, men kvantitet. Noget det ikke hjælper en skid at rejse rundt i verden for at se. Det får man ikke mere viden ud af, andet end man ser folks vaner forskellige steder og deres livsvilkår. I sidste ende er man nødt til at vurdere relative ændringer i folks livsvilkår og det gør man bedst hjemme bag computeren, med - excellark hvis man er til det, papir og en lommeregner eller bare ens hoved, hvis man kan rumme det.
Alger: De har forsøgsanlæg kørende en del steder, men blot fordi Rudolf diesel fik patent på dieselmotoren i 1898, så sejlede der ikke 50.000 skibe rundt året efter.
Jeg har set opsvinget komme i landbruget lige siden 2003 og også tjent gode penge på det, selvom om jeg har misset en masse chancer.
Jeg har rejst jorden rundt i 7-8 år og samlet vel været udenfor danmark i 4 år, så jeg er snart træt af at høre om din store viden om, hvordan tingene ser ud forskellige steder. Blot fordi man har arbejdet på et bordel i Shanghai, så bliver man ikke automatisk ekspert i udviklingslande og Kina.
Det er bedre at studere statistikkerne og indsamle og vurdere data end rende rundt og kigge på dårlige tekstiler i Kina specielt, når man klager over, hvor dårlige deres varer er - så skulle man da holde sig helt væk.
Jeg har ikke været i Grønland, Australien, Afrika, mellemøsten og sovjetunionen.
Grønland gider jeg ikke, sovjetunionen er ikke på toppen af listen over steder jeg vil hen – Afrika nægter jeg - mellemøsten ligeså, Australien det er for langt væk.
Jeg er til gengæld en frygtelig - "meget meget stor ekspert" på skibsværfterne i asien. "Verdens største ekspert". Jeg har været i Japan omtrent 30 gange, Korea omtrent 15 gange, Kina..Det rigtige Kina der har jeg aldrig været. Mine bedste venner er nu sjovt nok - alle kinesisk gift. Har været i Hong kong ...jeg ved ikke hvor mange gange, Macao, Taiwan, Sri Lanka, Bahamas, USA....tøffet rundt med APM både og Odfjell.
Derudover er jeg en "verdenskendt berømthed" på iron ore fabrikkerne i Brasilien. Jeg er verdens mest "berømte berømthed "på de værker.
Hvis der er nogen, der er selvhøjtidelig, så er det dig.
Jeg er jo bare en stofmisbruger på hormoner og stimulanser for ellers spærres jeg jo inde på den lukkede afdeling.
http://www.abc.net.au/news/stories/2008/06/24/2284759.htm
http://seekingalpha.com/article/82450-china-steelmaker-agrees-to-biggest-ever-iron-ore-price-increase
http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10518060&ref=rss
Det finder de aldrig ud af.
http://www.globalgreensolutionsinc.com/i/misc/Vertigro/index.html
Der er en meget flot og fin video.
Jeg holder altså op med at skrive her igen.
De er så afsindigt uvidende omkring den verden de lever i og jeg kan ikke holde dem ud.
Her er et flot billede af, hvordan man kan dyrke biodiesel - på arealer, der ikke kan bruges til landbrug på anden vis - Hanne - hold kæft, hvor er du dum.
For IDIOTERNE: I skal KLIKKE på BILLEDET ude til HØJRE.
Det fiser nok lige igennem som sædvanligt.
http://www.globalgreensolutionsinc.com/s/Home.asp
Det kunne bruges på bjergsider, i ørkener, på vandet, under vandet, i rummet, i min vindueskarm. Alle steder hvor der er sollys. Jordbundsforhold er ligegyldige.
Du er jo bare for dum og du prøver slet ikke på at sætte dig ind i de ting du skriver om.
Jeg synes du skulle holde din kæft, når andre snakker.
Biodiesel på ikke dyrkbare områder: Du aner ikke hvad jeg skrev.
Politiske vinkel: jeg ved hvad der er realistisk når det kommer til teknologi - tag bare ovennænte biodieselseksempel.
De går KK på stribe i us de biodieselsfirmaer - og de var støttet af us og deres præsident. - Er der så noget galt med mig fordi jeg for 3 år siden sagde det var urealistisk og egentlig uansvarligt?
http://www.abc.net.au/news/stories/2008/06/24/2284759.htm
http://seekingalpha.com/article/82450-china-steelmaker-agrees-to-biggest-ever-iron-ore-price-increase
http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10518060&ref=rss
Jeg gider ikke læse det.
Jeg kan ikke debatere og forstår ikke noget. Tager dopamin for at holde humøret oppe for ellers render jeg jo rundt og voldtager gamle damer.
De kan bruge det algae som jeg synes er genialt.
Der kan bruges arealer, der ikke kan bruges til fødevarer og efter hvad global green skriver, så kan de producere 90 tons bioolie pr. hektar pr. år
- Det er 30 gange mere end fra korn og majs
- Hvorfor bruger man så majs?
Du kan lige knibe dig op på 8 tons/hektar med palmetræer.
http://finance.yahoo.com/q?s=GGRN.OB
De arbejder for et andet firma med at udvikle og forfine det vertigro
Kiggede lige på mine ignores.
Hanne og Gumsenume ligger i mit filter og jeg kan ikke læse hvad de skriver.
Så I kan godt droppe det. Det nytter ikke noget at I skriver til mig.
Jeg har ikke ville læse det, da jeg tænkte der var noget negativt indbygget i indlægget et eller andet sted.
Sikkert at jeg var uvidende, et rodehoved og i det hele taget sindsyg. - Men sådan er det vel altid, når man siger noget ingen andre gør.
Har for sjovt regnet lidt.
1 kilo smør:
Dækker energiforbruget for 1 person 3-4 dage.
Rækker til 10-15 kilometre i en bil - så i gennemsnit skal en bil "fodres" med 3-4 liter smør om dagen - Vi skal altså blot have 16 dobblet vores bestand af køer..korn..gødning..bummelum.
Bjarke var en idiot - påstod det kunne lade sig gøre og henviste til Teknologisk i århus som ganske rigtigt arbejder med biodiesel.
-Men det gjorde jeg jo også dengang - udvilingsingniør med emisssioner og performance fra dieselmotorer som arbejdsområde. Har moret mig med både palmeolie og kofedt.
Det virker fint i en dieselmotor.
Det duer altså ikke det med biodiesel. Det kan bruges hvor der er overskudsproduktion og restaffald, der ikke kan bruges til andet, men der bør ikke taget ressourcer fra fødevareproduktion. - som man ser i usa, så kan det jo heller ikke lade sig gøre, at køre det økonomisk og det er da dejligt synes jeg. Det er lige før jeg tror det er energinegativt i usa. De bruger nok mere energi på at dyrke majsen end de får ud.
Det er også helt forkert i en verden, hvor der er mange der sulter.
Yingli Green Energy Starts Initial Production from Latest 200 MW Expansion Project
Wednesday July 2, 9:35 am ET
BAODING, China--(BUSINESS WIRE)--Yingli Green Energy Holding Company Limited (NYSE: YGE - News) (“Yingli Green Energy” or “the Company”), one of the world's leading vertically integrated photovoltaic (“PV”) product manufacturers, today announced the achievement of a significant milestone.
The Company started initial and small-scale production of polysilicon ingots, wafers, PV cells and PV modules from its latest 200 MW expansion project in late June, 2008. Equipment is being gradually delivered on time and in-line with the installation schedule. The Company expects to complete installation of the 200MW of expanded capacity in the fourth quarter of 2008 and the full production volume will come online in late 2008. Once completed, the Company’s total production capacity of polysilicon ingots and wafers, PV cells and PV modules will be 400 MW.
“Given our accumulated experience over the past few years in expanding capacity, we believe that we will complete this project on time in the fourth quarter of this year,” commented Mr. Liansheng Miao, Chairman and CEO of Yingli Green Energy. “The expansion should further increase our visibility and help us meet our shipment guidance for 2008 and beyond. In addition, these new production lines feature the latest equipment, including GT Solar’s DSS 450 furnaces which have the capacity to produce 400kg ingots, and greater automation across the whole value chain. We believe this will help us better control both our operations and overall product quality as we continue our fast development in this exciting market.”
About Yingli Green Energy
Yingli Green Energy Holding Company Limited is one of the world's leading vertically integrated PV product manufacturers. Through the Company's principal operating subsidiary in China, Baoding Tianwei Yingli New Energy Resources Co., Ltd., Yingli Green Energy designs, manufactures and sells PV modules and designs, assembles, sells and installs PV systems that are connected to electricity transmission grids or those that operate on a stand-alone basis. With 200 MW of total annual production capacity in each of polysilicon ingots and wafers, PV cells and PV modules, Yingli Green Energy is currently one of the largest manufacturers of PV products in the world as measured by annual production capacity. Additionally, Yingli Green Energy is one of the few large-scale PV companies in the world to have adopted a vertically integrated business model. Yingli Green Energy currently plans to expand annual production capacity of polysilicon ingots and wafers, PV cells and PV modules to 400 MW by the end of 2008 and to 600 MW by mid-2009. Yingli Green Energy sells PV modules under its own brand name, Yingli Solar, to PV system integrators and distributors located in various markets around the world, including Germany, Spain, Italy, China and the United States. For more information, please visit www.yinglisolar.com.
Det duer ikke. Hele ideen er sindsyg.
Det skal være cellulose eller affald f.eks fra slagterier.
En gennemsnitsbilist kører vel 20.000 kilometre årligt - ca. 2000 liter biodiesel - eller omtrent 2 tons, der bude blive brugt som fødevarer.
2000 kilo - det er 6 kilo om dagen.
Jeg ved ikke med Jer andre, men jeg spiser måske 1 kilo fødevarer om dagen.
Det er urealistisk og sindsygt at prøve med biodiesel fra majs.
http://www.abc.net.au/news/stories/2008/06/24/2284759.htm
http://seekingalpha.com/article/82450-china-steelmaker-agrees-to-biggest-ever-iron-ore-price-increase
http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10518060&ref=rss
Eller også skal vi ned.
En ting er sikkert.
Mine aktier falder.
Vi skal op op idag.
Yahoo http://finance.yahoo.com/q?s=YHOO
Pippen har fået Gumsen i numsen.
Nyt firma der arbejder inden for integration af solceller indenfor byggeriet - hjemstat californien.
http://finance.yahoo.com/q?s=RSOL
Nok for dyr endnu, men ideen er jo fin, bare ærgerligt at byggeriet har det så dårligt.
Real Goods Solar, Inc. operates as a residential solar energy integrator in California. The company offers various turnkey services, including the design, procurement, installation, grid connection, monitoring, maintenance, and referrals for third-party financing of solar energy systems. It installs residential and small commercial solar energy systems that are between 1 kilowatts and 500 kilowatts output. The company was founded in 1978 and is based in Broomfield, Colorado. Real Goods Solar, Inc. is a subsidiary of Gaiam, Inc.
Is Lundin Mining Misunderstood?
by: Marc Courtenay posted on: July 02, 2008 | about stocks: LMC Font Size: PrintEmail Sometimes the best investments are right under our noses and temporarily stink like bad milk. One of my favorite analysts, Chris Mayers at Capital & Crisis, wrote this about Lundin Mining (LMC) last Friday and it's still true today.
http://seekingalpha.com/article/83508-is-lundin-mining-misunderstood?source=yahoo
In that spirit, I’m going to take another look at LMC, which is one of the last of the mid-tier mining companies left and a deep value play.
Lundin Mining has given us one heck of a ride -- mostly an unpleasant one. Lundin is the only pure-play mining company we’ve ever owned in this letter. And there is one reason why: They are incredibly volatile businesses, whose fortunes seem to turn on all kinds of unpredictable twists.
But I like Lundin, for a variety of reasons, some big picture -- the hot demand for base metals -- and some specific to Lundin, which I’ll get to in a moment.
Lundin is mainly a producer of copper, zinc and lead. It has five operating mines located in Portugal, Sweden, Ireland and Spain. (The sixth mine, in Sweden, will close in the second quarter of 2008).
Lundin’s earnings are highly sensitive to copper and zinc. So the sharp drop in zinc prices since the middle of May, for instance, has not helped Lundin’s share price. Prices went from a buck per pound to about 85 cents. It was nearly $1.30 in March. Every 10 cent drop in zinc prices shaves off 8 pennies from Lundin’s earnings.
Lundin Mining also owns two interesting, but high-risk, projects. One is the giant copper mine in the southern half of the Democratic Republic of the Congo, called Tenke. Lundin owns 25% of this asset. Tenke should start producing copper in 2009 and has an estimated life of 40 years. The other is a zinc mine in Russia, Ozernoe, which could be up and running by 2011. I put no value on this latter project and would not be surprised to see it dropped.
Outside of these two, Lundin also has a grab bag of other projects and partnerships, some of which could turn out to be important. For example, Lundin owns 20% of Union Resources, which sits on the world’s largest known undeveloped zinc resource.
I believe that the core operations of Lundin -- those five operating mines -- support today’s stock price. In fact, I think those mines alone are worth about $10 per share. You get any upside from Tenke, Ozernoe and the grab bag for free. Tenke chips in another $2 per share. At $6.50, you’re getting Lundin for about 65% of the (lower) net asset value. That’s deep value.
The company should earn at least $1 per share this year and $230 million in free cash flow -- that’s after $360 million in capital spending. At $6.50, the shares go for 6.5 times this year’s earnings and 11 times free cash flow. Even at flat metal prices, Lundin ought to grow earnings at a double-digit rate for the next few years, because of internal growth from existing mines.
The shares have lagged Lundin’s mining peers badly. But the stock could catch up quickly. After the last earnings report, the stock went from $6.50 to $9 in about a month. I think that could happen again. I look forward to the next earnings report. As the company finally puts up a string of decent quarters, I look for the stock price to hit $11-12 -- possibly as early as late this year or early next.
One final note: The Lundin family still owns nearly 16% of the company. The Lundins have a great track record. As Warren Buffett likes to point out, no one can predict the future, but you can bet on track records. I think the Lundins will get this one right too, eventually. If you have the stomach for it, Lundin Mining looks like a good bet here.
For those of us who started buying LMC at $10, the current correction is gut-wrenching. Yet, as I recently added more shares to my portfolio, it struck me that this is a turnaround-play and a misunderstood-company-play at the same time.
Be not fooled though. A stock that trades under $6 a share at its 52 week low is usually fraught with risks. Yet the risk/reward ratio here is mouth-watering. I remember when a recently merged, struggling gold and copper company named Freeport McMoran (FCX) seemed to be having similar struggles and confusion.
Can you imagine how you'd feel today if you had bought FCX then, when it was selling around $15 a share? No, I don't think LMC will someday be worth $60 a share, but stranger things have happened.
I do believe that the stock is a takeover candidate and will someday be trading for at least twice what it's at today. Sometimes when opportunity knocks it also stinks, but if you can breath through your mouth, crunch the numbers, and go forward you could be greatly rewarded.
Am I the only one that remembers when Silver Wheaton (NYSE:SLW) was trading for $4 a share an no one wanted it? Catch my drift and not my scent.
Disclosure: Author holds a long position in LMC and SLW
Starbucks to close 600 US stores, rein in growth
Wednesday July 2, 12:12 am ET
By Jessica Mintz, AP Business Writer
Starbucks closing 600 US locations in sign that days of galloping growth are over
SEATTLE (AP) -- For a decade it appeared there was no such thing as too many Starbucks for U.S. coffee drinkers, whose willingness to buy its $4 lattes and dark drip brews rationalized a second green-and-white mermaid awning just down the street -- and sometimes even a third.
But in a sign that those days are over, Starbucks Corp. announced Tuesday it will close 600 company-operated stores in the next year as the faltering U.S. economy hastened the pain caused by the company's own rapid expansion.
Starbucks shares, which have been falling steadily for nearly two years, jumped 72 cents, or 4.6 percent, in extended trading after the announcement. They had lost 12 cents to close Tuesday at $15.62.
Seattle-based Starbucks did not say which stores will be closed, only that they are spread throughout the country. But it did say 70 percent of those slated for closure had opened after the start of 2006.
To put it another way, Starbucks is closing 19 percent of all U.S. company-operated stores that opened in the last two years, Chief Financial Officer Pete Bocian said during a conference call.
About 12,000 workers, or 7 percent of Starbucks' global work force, will be affected by the closings, which are expected to take place between late July and the middle of 2009, spokeswoman Valerie O'Neil said.
O'Neil said most employees will be moved to nearby stores, but she did not know exactly how many jobs will be lost. Starbucks estimated $8 million in severance costs.
In total, the company forecast up to $348 million in charges related to the closures, $200 million to be booked in the fiscal third quarter ended June 30. Starbucks reports third-quarter results at the end of July.
The company had previously planned to shut 100 stores. The 500 more that will be closed had been on an internal watch list for some time. They were not profitable, not expected to be profitable in the foreseeable future, and the "vast majority" had been opened near an existing company-operated Starbucks, Bocian said.
Some analysts had wondered whether Starbucks' explosive growth in the U.S. would come back to haunt it as the market became saturated.
But before Tuesday, the company avoided acknowledging that saturation was an issue and pinned weak financial results and adjustments to new store openings on the economy.
During the call, Bocian said that between 25 and 30 percent of a Starbucks shop's revenue is cannibalized when a new store opens nearby, and that the closures should help return some of that revenue to the remaining stores.
Bocian said there aren't a material number of stores left on the watch list, but that the company will hold remaining stores to the same standards.
Starbucks still plans to open new stores in fiscal 2009, but on Tuesday it cut that number in half to fewer than 200. The company did not adjust its plan to open fewer than 400 stores in 2010 and 2011.
"We believe we still have opportunities to open new locations with strong returns on capital," Bocian said.
During the conference call, the CFO echoed concerns about the economy expressed by Chief Executive Howard Schultz in May, when the company attributed a 28 percent drop in profit to less traffic from U.S. consumers who were feeling the pinch of higher food and gas prices.
At the end of March, there were 16,226 Starbucks stores around the world. The company operates 7,257 of those stores in the U.S. and 1,867 abroad; the remaining 7,102 locations are run by partners who license the Starbucks brand.