Buffett lunch auctioned for $2,345,678

It wasn't a record, but $2,345,678 is still a lot of money for lunch with nine people -- even if one of them is billionaire investor Warren Buffett.
The apparent winning bid in the 12th annual lunch with Buffett was announced Friday at a fundraising event in San Francisco. The winning bid was made Monday, when an anonymous bidder topped the previous offer by $100, resulting in the bid of sequential ascending numerals that held up for the remaining four days of bidding.

Robert Shiller told Reuters that he would not be surprised to see home prices fall another 10 to 25%. If Shiller is right in his prediction, that may be extremely bullish for the U.S. dollar as deflation ravages the economy.
Deflation means an appreciating dollar. Though investors may see falling housing prices as a negative for future economic growth in the U.S., and therefore the U.S. dollar, the dollar has the unique advantage of being the world's reserve currency.
If growth in the U.S. slows, as it appears to be doing, that may be likely to rally the dollar, like in 2008. If investors see weakness in the broader U.S. economy, they may flee to cash to shield themselves from taking losses in equities.
Of course, the Federal Reserve could have a hand in preventing this scenario from playing out. Though the Fed has thus far denied the possibility of a QE3, Chairman Ben Bernanke has shown his willingness to intervene in the market when deflation remains a risk.

Bullish: Traders who believe that Shiller is right and anticipate falling home prices might want to consider the following trades:
Buy PowerShares DB US Dollar Index (NYSE: UUP). UUP is a long play on the U.S. dollar.
Short SPDR S&P Homebuilders (NYSE: XHB [FREE Stock Trend Analys]. XHB attempts to return a value based on the performance of homebuilding companies.
Bearish: Traders who believe that Shiller is exaggerating the problem, or that Bernanke would step in to prevent such an occurrence, may consider taking positions in the following:
iShares Dow Jones US Real Estate (NYSE: IYR) is an ETF which attempts to return a value corresponding to the real estate market..
SPDR Gold Trust (NYSE: GLD) is long play on gold. If the Fed increases liquidity to prevent another housing slump, gold may rally.

Une nouvelle compagnie formée dans un paradis fiscal (British Virgin Islands ) veut entrer en bourse pour faire de l'investissement en Mongolie....

...et vive la bourse !!

http://www.knowledgemosaic.com/Gateway/SECData/PDFCache/11/0001144204-11-021100/kmcomposite.pdf

The newest filing is from Blue Wolf Mongolia Holdings Corp. It is probably going to stand out from other similar offerings. The company initially plans to list as a OTC-BB stock and it is intended to be focused on acquiring natural resource targets in Mongolia.
An indication has been made the company will raise some $70,000,000.00 via the sale of 7,000,000 units. Each unit will come at the standard blank check offering price of $10.00 per share and will consist of one ordinary share and one warrant. Each warrant entitles the holder to purchase one ordinary share at a price of $12.00.

XOM

Exxon Mobil Corp announced it found the equivalent of 700 million barrels of oil beneath the Gulf of Mexico, the biggest discovery in the region in 12 years.
The estimated size of the Hadrian field may increase as drilling continues, Exxon said in a statement today. The discovery is about 250 miles (400 kilometers) southwest of New Orleans in 7,000 feet of water.

aubaine

CISCO: CSCO:Revenue:$42.86 Milliards USBalance Sheet Total Cash:$43.37 Millards USTotal Debt:$16.75 Milliards USCash Flow Statement Operating Cash Flow :$10.49 Millards US

Dividende débuté cette année avec $0.24 par an

FORD ....le calvaire ou bien le paradis.

Les disciples de l ' A.T et les Fondamentalistes viennent de partir une guerre de boursicotage......

...les disciples de l'analyse technique regardent le stock comme une merde à shorter...tandis que "fondamentaleux" y voient comme une occasion parfaite et unique pour un play moyen-long terme....une passe de cash ! Ford’s valuation is attractive at about 7-times forward earnings...F.nyse continue de payer ses dettes...son "brand" est le plus solide sur le marché présentement et en avril dernier la compagnie a annoncer son meilleur trimestre en 13 ans.

Mais tout ça ne veut rien dire pour les disciples...le graphique a parlé !

Amusez-vous !

Imaginez...!! LA MOYENNE MOBILE 50 JOURS VIENS DE PASSER SOUS LA 200 !!

Ils appelaient ça un "play" défensif il y a 3 ans

Canadian Apartment Properties Real Estate Investment Trust

With 28,807 apartments and townhouses across Canada, and a strong presence in or near most major urban cities we offer a full range of well maintained, high-quality rental accommodations tailored to meet our residents' needs at very competitive rates.

0.09$ div/mois depuis 2005 ....rumeur d'une hausse du dividende à 0.14$

http://www.caprent.com/

Rochdale Securities ...BAVEUX !

Banking giant Wells Fargo & Company on Monday caught a big downgrade from analysts at Rochdale Securities.
The firm said it cut its rating on WFC from “Neutral” to “Sell,” noting the company will be hampered by slower GDP growth. WFC shares have fallen more than 13% year-to-date, compared with a 3% uptick in the benchmark S&P 500 Index.

Rochdale se fait brasser un peu aujourd'hui par les "fans" de l'Oracle d'Homaha, W.Buffet qui possède plus de 362 Millions de parts d'une valeur supérieure de 10.5MM.

WFC..nyse

WMT.nyse buy !

Wal-Mart’s Buyback Plan Grows & Grows… Could Take Itself Private By 2025

Ce vendredi matin sur XM156 RADIOPIRATE.COM avec Jeff

Un mélange bizarre de petites news.+.....épices...déjeuner et domotique.

http://www.brocade.com/index.page

Is Dell shopping for a networking equipment company to buy?
Canaccord Genuity analyst Paul Mansky thinks so. In a research note this morning, he notes that Dell “has been busily assembling a full IT stack aimed at realigning the company away from secularly less attractive legacy businesses (like PCs) and incrementally toward future growth in the enterprise.” But he adds that “given networking will most likely be among the most critical source of intelligence” helping to reshape the stack, “not owning this technology puts Dell at risk of simply hopping from one commoditized business into another.”
Ergo, he thinks Dell will be shopping for a networking company, and soon, for several reasons:
The PC market is arguably headed into an accelerating secular decline (units and ASPs) at the hands of tablets – Dell’s cash engine.
Dell has clearly been seeing success cross-selling Ethernet switching with servers and storage, evidenced by reported results and qualitative commentary from Dell executives.
Dell’s this week made a shelf filing for a potential $3.5 billion debt filing; the company also has $7 billion in net cash.
Mansky says his bet is that Dell with bid for Brocade, a company he rates a Buy with a $7.50 price target; he thinks Dell; could pay as much as $10 for the company.

L'Affaire SINO-FOREST CORPORATION

http://www.muddywatersresearch.com/wp-content/uploads/2011/06/MW_TRE_060211.pdf
TRE.to
Sino-Forest, which is based in Hong Kong and Mississauga, Ontario, dropped as much as 25 percent and was C$3.75 lower at C$14.46 when trading was suspended on the Toronto Stock Exchange yesterday. The amount of land the company reported buying from Lincang City in Yunnan doesn’t match city records, Block, the Hong Kong-based founder of Muddy Waters Research, said in a report. Sino-Forest couldn’t have produced as much timber in the area as it claimed, said Block, who stands to make money from a decline in the company’s shares.
Est-ce un puissant "short" qui veut manipuler le stock ?
Plus de news plus tard.....

Pérou...oups !

Les " pays de cul " sont et seront pour toujours des endroits pour faire "la passe" où bien manger ses bas. Le Pérou malheureusement fait parti de la liste des pays de marde maintenant pour moi.

http://www.bearcreekmining.com

BCM.V

Ollanta Humala...UN GAUCHISTE "militaire" FOU va prendre le pouvoir.....oups !

Peru faces a run-off election for president on June 5th, and that has led the existing government to issue a 12-month suspension of silver mining concessions in the world’s second largest producer of silver. Peru produced about 116 million ounces of silver in 2010, second only to Mexico’s 129 million ounces. Until last year, Peru was the world’s largest producer of silver.
The suspension affects four provinces where miners are either on indefinite strike or protesters are objecting to new mining operations. Bear Creek Mining Corp. (OTC: BCEKF) and Rio Alto Mining Ltd. (OTC: RIOAF) are among the companies facing withdrawal of mining concessions. Bear Creek’s Santa Ana silver project, for example is estimated to have an 11 year production life and yield about 47.4 million ounces of silver. Rio Alto’s La Arena project is set to produce 2.8 million ounces of gold and 1.7 billion pounds of copper. Shares of both companies have fallen about -10% in the last few days.
Both Barrick Gold Corp. (NYSE: ABX) and Newmont Mining Corp. (NYSE: NEM) already operate gold mines in the province where Rio Alto is seeking a concession. Rio Alto officials believe that residents of the province support mining.

Next week, Apple’s chief executive, Steven P. Jobs, will announce iCloud, a service expected to allow access to music, photos and videos over the Internet on multiple devices without needing to sync those devices.

Faire du "fuel" avec des algues et +

http://www.solazyme.com/

SZYM.q

The South San Francisco company’s technology allows microbes to produce oil and biomaterials in standard fermentation facilities quickly, efficiently and in large scale for biofuel production, fossil petroleum, plant oils and animal fats from clean fuels and chemicals to cosmetics and foods.

The IPO was just last week and it has traded higher, and a business development company (venture capital investor) that trades almost like a closed-end fund called Harris & Harris Group, Inc. (NASDAQ: TINY) is a large holders of Solazyme.
Solazyme priced its IPO of 10,975,000 shares at $18.00 per share and Harris & Harris invested into the company back in 2004. Its preferred shares were converted in 2,304,149 common shares with a carry of just over $10.00 per share.

Home Inns & Hotels Management Inc (NASDAQ: HMIN), China's second biggest budget hotel chain by number of rooms, will spend $470 million taking over Shanghai Motel Management Inc from Morgan Stanley and other shareholders, said Home Inns & Hotels CEO Sun Jian.
The price, $470 million for a 100% stake, was well below the $1 billion Morgan Stanley had asked for its 60% stake in Shanghai Motel Management Inc, also known as Motel 168. Home Inns & Hotels will pay $305 million in cash and the remainder in 8.15 million ordinary shares at $20.185 apiece.
Morgan Stanley was frustrated with the investment in Motel 168 because it had not been able to go public due to the complicated stock ownership, people close to the deal said. "Part of it [the $470 million deal] will be done in Home Inns & Hotels shares that are highly likely to gain in value in the future, so it is not a bad deal for Morgan Stanley."
Motel 168, China's fourth biggest branded budget hotel chain by number of rooms, was founded in 2003. Morgan Stanley purchased a 20% stake in it for $20 million in 2005, when Motel 168 had just 16 hotels. It later increased the holdings to around 60% for an undisclosed investment. Now it has 281 hotels with its total asset evaluated to be worth $1.76 billion. Excluding the franchises, it has 144 hotels valued at $900 million.
Home Inns & Hotels currently operates 848 hotels with 97,321 rooms. It posted $115.5 million in revenues in Q1 2011, up 10.8% from a year earlier.
Motel 168 posted $262 million in revenues in 2010.

Walmart China said it has received regulatory approval to buy out the remaining stake of Trust-Mart, a Chinese supermarket chain, which it doesn't already own. Antitrust assessment of the purchase has been completed, and the deal is expected to be finalized by the end of June, according to Walmart China. Walmart China originally paid $264 million for a 35% stake in Trust-Mart and offered a $376 million loan to its shareholders for a 30% voting right in 2007.

Trust-Mart was founded in 1998 in Guangzhou, the capital of Guangdong province. It was operating 104 stores across China's largest cities and employed over 30,000 people in 2009, during which it reported ¥16.5 billion in revenues. Walmart was operating 333 stores in China by the end of April; its revenue from China climbed to $7.5 billion last year.

terres rares...The Show Must Go On

Governments around the world are taking China's dominance seriously. Recently, Congress initiated the ReSTART initiative aimed at getting a foothold in the rare earth minerals market again and the US Trade Representative plans to file a complaint with the World Trade Organization against China's export reduction policies of rare earths. Malaysia has partnered with Lynas Corp (OTCBB:LYSCF) to construct the first rare earth processing plant outside China in over three decades.

http://www.lynascorp.com/page.asp?category_id=2&page_id=41

RMS.v

RMS Systems Inc. has recently completed the installation of the RigManager system on the first drilling rig located in the United States. That rig has now spud the first well using the RigManager system. Dave Hall, president and chief executive officer of RMS, stated, "This is a big step in the growth of RMS; I believe it will be a stepping stone to RMS growing significantly in the United States." The United States drilling rig market is approximately three times the size of Canada's, and rigs in the United States tend not to suffer from the prolonged downtime associated with breakup experienced in Canada.

J'ai mis cette petite compagnie de Calgary sur ma liste de surveillance.Je veux voir

si les contrats vont être soutenus du coté Américain dans les mois à venir...

http://www.rigmanager.com/
Shares Issued
30,762,715