Member Info for Seifert

Hi there. Firstly, allow me to say that I have flown with many airlines, in all classes, and BA is certainly not in the top rank (in my view). They are good, but in a group of 'good' that is pretty crowded. The guy at Ryan Air thinks and breathes 'cheap' and the assets (and slots) of BA would be severely diminished with his mind set. - Back to my main point (gripe?!) that this is not going to be a dividend paying stock in any foreseeable future. It is purely at Portfolio stock for funds of all kinds, that invest in a broad swathe of companies in the FTSE 100. It is purely a play on some mug (fund manager, who is spending/investing other peoples' money, not his own) willing to buy such a stock at ever higher prices. Ditto the nonsense that is Facebook's valuation. The fact of the matte is this: capitalism is dead. Financialization has buried it, and government are beholden to speculators and the monied class (not the productive class). The absurd gyrations of markets are a reflection of this lamentable fact. There will be ramifications for such a shift. I don't think we have really seen them in full yet. Good luck with your investing.

This will be my final post here, and leave you with some opinions (which you can agree with or not, as your own opinions must be paramount). This company had a good idea and a chance of launching a winning product. But that was some years ago. Since then, any advantage has been eroded. No way can they now match those much bigger companies who can do a much better (and consistent) job. The giants of the chemical industry will dominate this space, the Bayer's ets. - Lastly , the management give every impression that they are a self-serving gang of shysters. -Good luck to all investors, and hope that your decisions prove profitable. bye!

Thanks for your comments. If you can provide me with a rationale why buying into this stock makes any rational sense, then I would buy. What is causing all these distortions are ETF;s etc. This stock is not worth 50 pence, or even 5 pence. If logic reigned, instead of 'equity managers' spending pensioners's and other savers' cash investing in hopeless stocks - put their own money in, and let's see how brave they are! Shareholders here are marginal when it comes to any payout. The bond holders come first. And as aforesaid, there is just too much competition for the likes of IAG. You either become a bog standard airlines like Ryan Air, or have really deep pockets and compete with Emirates, for example. Everyone else in the middle will just get squeezed. That;s the fundamentals. The rest is monkey money managers and speculators playing a casino game.

What conclusions can be drawn from reports in the press of ICAP's (and others) skulduggery? This fact: that the only way to make money from this 'market' is to either cheat, or get lucky. Greed dictates preference of the former. This represents a terrible indictment of failed capitalism. The crash of 2008 was an opportunity to clear out a large swath of the corrupt system. Instead of bearing the brunt of this necessary and natural change, the monkeys running governments and central banks bailed out the failures in our society, the parasites and cheats. I think what is needed is another bigger meltdown to force change. Alas, people and society only learns the hard way.

Well, well well. So what may be afoot here? It would not surprise me one iota to learn that some broker is pushing this dog up to lure the greedy, the unsuspecting, and the naive. If history is any guiding light (and it should be) then the long tail of stagnation and failure speaks volumes. Beware of the dog with fleas, and this is a dog with embedded fleas

The slow motion wreck that is Bumi aside, one looks at the market in general and admits that this is a market difficult, if not impossible to believe in.

Do yourselves a favour: Avoid. Avoid. Avoid. - To all those unfortunates and wretches trapped by this dog. Sell. Sell. Sell. - To everyone else: Do whatever entertains you. - Enough said.

If this were a puzzle,the descriptor 'Frenetic' comes to mind when considering this stock. However, it's not a puzzle, is it?

You can NOT stategize in microseconds unless you are an atomic electron!

Good morning to you in sunny Bali! - I can summarize what is happening quite succinctly: we are hostage to rampant speculators and almost total computer trading (ETFs gambling with other peoples' money, as usual). Who cares if a lemon like Summers is or is not a candidate for the FED? The balance sheet of that organization is so huge that the real boss is the balance sheet, not the dummy seated in the top chair. And yet futures are soaring! It is this kind of crass market making that makes me a long term shorter, because we are playing against incurable addicts and their moves can only lead to one thing - another crash. I don't see any good coming from a scenario where the real economy (which ultimately must underpin everything) and the inflated fakery of stock markets and casino markets diverge to such an extent that the tension must snap. This is why ultimately if China, Russia and the other economics don't get a move on introducing a currency that underpins the real economy, than in a few years I fear the worse. And to be quite candid with you, I see no asset class that is a refuge, not even gold. - Lastly, I once remarked several years ago that the economy was like a man who suffered a heart attack, and two weeks later he decides to enter the marathon. This is what stock markets are doing, it seems to me. Am I being pessimistic and blinkered? My mind will not set aside reason to gamble against a machine investing with other peoples' money and pushing through fake trades (and withdrawing them a micro-second later). You can stategize in microseconds unless you are an atomic electron! Anything inflated spells danger somewhere along the line. And the 'developed' economies are nowhere near their pre-crisis potential. No one is in control. We are an airplane flying on auto-pilot.

You recommend a 'Strong Buy'?! What you need (and quite urgently, apparently!) is a Very Strong Drink!

If ever there was a stock that is a screaming sell, then this is surely it. High oil prices not coming down. Massive competition. Lots of debt. Political risk. No dividend imminent and, if there were, would me minuscule. The stock should be trading at 90p ish. What these brokers are saying is total hogwash. The only positive I can see for this stock is Willy Walsh, who is a first rate manager. Take a short, and hold it. This is one that will definitely come back down to earth.

Good morning. I know some guys that become totally infatuated with some of these Thai girls, but their bottom line is always money. You don't just marry the girl, you marry their whole family, and you end up supporting them! I am not that foolish. London property is doing rather well (I am based in central London) so sitting very pretty here. I have learned the art of patience, but I do miss the sunsets. I will make a move overseas to a got country, but when I go to Asia I will stick with hotels and rentals. (Unless, of course, you known any good Indonesian women who are a marriage prospect!) - As for Anto, don't worry about your lower entry price. It will return, and you can thank the speculators for that!

Many thanks for your reply. It is appreciated when posters expand and clarify their reasoning, and their investing methodologies. For my part I think I should add some clarification. Firstly, the tow variables in my model are globalization and financialization. The most resilient bridge between these two pillars (and the most volatile) is hot money flows. These are purely opportunistic in motivation and rational economic models do not append to them in any meaningful way. Moreover, these flows are gigantic and disruptive. Getting a handle on this is what I am analyzing (patiently) and until I get that right, I will be cautious with respect to the markets. I am including here a link that gives a rather neat account of these not money flows http://www.dailymail.co.uk/money/investing/article-2386838/Hot-money-How-investors-avoid-getting-fingers-burnt.html - I hope this clarifies my earlier rather more abrupt reply to your post, and that you not interpret this as aggressive counter play, but a (rather too blunt) statement of my investment paradigms (sorry to use that word, but it is really most appropriate here). Good trading.

Thank you for your feedback, but I will stick with my assertion that value is only short term ( in financial markets). I see no prospect of 'markets' ever returning to the kind of trend (perhaps behaviour is a better word) that existed prior to the crash. This event exposed cracks in the system. When you have far more money, real and invented, than tangible assets value is a diminishing commodity (in financial markets). So as an example allow me to ask, and propose, what value you place on Centamin? I will give you my target price - 1 penny. This is the archetypical valueless company. It will never pay a dividend, long or short term. It exists and trades on speculation that someone out there will 'make a bid' for this company's assets. Hold it for as long as you like, the only way you will make money is to buy it low, and sell it high (at the right time, of course). Yes, this is very cynical. But until proper capitalism reasserts itself and dispatches financialization to history, my contention is a sound one. All the best.

Good morning. Thanks for the info This reminds me very much of Thailand where they have a strategy to 'stitch' foreigners up. Marrying a local leaves you in their hands. Paradise or not, this is a turn off for me. Presently, what I do is rent a place for a couple of months and it seems I will stick with that strategy rather than buying outright in Asia. Parts of Europe can be a pain too, but at least I am able to manage this crowd. You have no chance at all over in Thailand and Indonesia etc!!!!! - ANTO is pushing up again. Speculators are back in full following the copper price. I have to confess business news is so replete with contrasting (contradictory) information that I am turned off even bothering to read it. I see it as lies and deception. I am working on a general 'shorting' strategy because no one trades on value any more. It's total speculation.

Incidentally, if I wanted to buy a one bedroom apartment in Bali, what would I be looking to spend? I would also be interest in a flat that needed renovation because i enjoy DIY. - Seifert.

Good morning. I hope you had beautiful sunsets over the weekend! - I share your frustration with these 'temperamental' markets. It would see that volatility, at what ever level, is now become a factor in the markets if for no other reasons than so many computer algorithms are set up to trade in that way, so it has become somewhat of a vicious circle! This applies mostly to the 'big' stocks such as those in the FTSE 100 and to a significant extent probably the FTSE 350 also. On this basis, I look for stocks that pay out a dividend because should i get caught the wrong way, at least I am collecting something until the stock returns to the buy-in price. For my money, CEY is never going to pay a dividend. This is for speculation only. Those who bought in at 100 p were waiting for 120p. Those who bought at 80p were expecting 100p. Those who took the 'no-brainer!' plunge at 60 p were convinced it would reach 80p in no time And so on... There are all caught out, and stuck with no dividend. Now, there is certainly a way to trade that stock, but this must involve a measure of luck, surely?! I did short it from around 80p and closed at 47p, since there have stayed away. If the share price were to drop to a penny I am in. Otherwise, gold is stuck between a rock and a hard place, and Egypt is a risky bet at the best of times. - I am looking to take a stake in CLLN. It goes ex-div on 3rd September. And, if the price would drop into the 270s, I will buy. If not, I will probably not, since after the ex-dividend date there appears to be a tendency for the stock to slide much further than the value of the dividend. I only look at a few stocks now, as I am getting on with other things in the 'real economy'. Speak to you soon.

Am I alone in thinking that the management are a gang of opportunists rather than a team dedicated to long term growth and stabilizing the debt pile? Shuttling around like so many frenzied chickens trying to capitalize on currency movements demonstrates lack of discipline and management acumen. One should never put one's future in the hands of currency speculators. ESSR needs a management team that can build the business. Otherwise, this lot will end up as speculators and opportunists more in keeping with a hedge fund mentality.

Good morning. Thanks for the info on your profile, and your renting of properties in Jakarta. As you are based in that country, you don't suffer any currency risk (I am assuming your tenants settle accounts in local currency?) You have a good set of tenants, and clearly wise to hang on to them. Europe, as you know, went on a property building binge, especially Spain, Ireland, and to a lesser extend Portugal. drove through Spain and it is quite incredible that you see properties under construction in the middle of nowhere (construction of course suspended, only the skeletal superstructure remains). Who on earth was going to move/live there? Many of these assets have to be completely written off, thus hitting the banks. The whole affair was a gaint swindle. The case of Ireland is even more dire, and in Dubai there are complete (poorly) finished tower blocks outside the city that the government decided will have to be demolished because they are worth zero.The lesson here is invest in what you know!!! - VED is something I am watching but not itching to jump into. It would only be a day, very short term trade at most. As for BVC, after selling my LLoyds shares I am out of banks completely. I feel I want to limit my exposure to shares in general to only, say, 20% of my assets, and the remainder to do something 'real'. The difference between you and I and so called 'financial professional' is that we risk our own money, while they put other's money at risk. This is the flaw in financial markets. Too many short term temptations. Too much greed. One is dealing with psychopaths. - Rio is beginning to look both range-bound to be on the one hand, and increasingly hostage to speculators (like Goldman Sachs) who play with commodities futures and derivatives. - Have a good weekend.