Saturday, October 31, 2009

Smartest guy in the room on markets

"Q: There is talk of TARP2 or another bailout for the 100 regional American banks whose industrial/commercial mortgages are seriously under water? Will this affect Fairfax's underlying property and casualty businesses?

A: "On the M&A front, we have options available to us but our first priority is to always keep our financial condition strong. That also means keeping capital available for a hard market. We can buy stock, make some acquisitions, if, as and when it makes sense. We have no plans to make any but we could and we could hold significant amounts of cash if we decide to pay some dividends out of our insurance operations. We had a nominal dividend last year of $8 a share. We will look closer at our dividend strategy at the end of the year.""

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Friday, October 30, 2009

Energy Technology Make Huge Gains On Heavy Trading

"EClips Energy Technologies, Inc. (OTC:EEGT) skyrocketed 86.67% up to $0.14 with 1,529,285 shares moving on heavy trading on no news.  Based in St. Petersburg, Florida EClips Energy Technologies, Inc  is an energy services provider and electronics manufacturer. The company develops technologies for lowering electrical, gas, and water usage for commercial, government, and residential facilities.

PicksThatMove.com is an independent electronic publication that provides information on selected publicly traded companies.  PicksThatMove.com is not a registered investment advisor or broker-dealer.  PicksThatMove.com affiliates, officers, directors and employees may buy and sell shares in any company mentioned herein and may profit in the event those shares rise in value.  We recommend Due Diligence before investing in any stock. "

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Thursday, October 29, 2009

Asia's food security in balance as India imports rice

"Robert Papanos, a trader from Seacor Commodity Trading LLC, told an international rice conference in The Philippines that prices were bound to rise because India was unlikely to return as a top exporter for three to five years due to recent blows to its rice production, pressures to increase food supply for its booming population, lack of land and problems with water.

Last year's record-high price of rice and other staples led to riots in at least 30 countries, according to the World Food Program. The biggest producers, Thailand, Vietnam and India, had curbed exports to protect domestic supply. In The Philippines, people queued to buy low-quality rice at subsidised prices while traders were suspected of hoarding."

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Wednesday, October 28, 2009

5 Stocks Bouncing Back

"With GIGM working just about every online gaming angle available, it is bound to climb once the economy actually fixes itself or gets fixed. Right now, GIGM suffers the same problem that just about every entertainment service or company suffers from...consumers will spend their hard earned money on survival needs (food, water, fuel, shelter, etc) before they spend it on the good-to-haves (dinners out, movies, video games, toys, etc.) Given that, when the consumers start getting more discretionary money, GIGM will start making more money. Think long on this one...

The ball's in your court Many factors go into whether a stock is a buy or sell, so it pays to start your own research on these stocks on Motley Fool CAPS. Read a company's financial reports, scrutinize key data and charts, and examine the comments your fellow investors have made all from a stock's CAPS page. Head over to CAPS today and share your thoughts with other investor analysts on whether you think these stocks are ready to bound higher."

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Tuesday, October 27, 2009

Compass Minerals Reports Third-Quarter Financial Results

" Based in the Kansas City metropolitan area, Compass Minerals is a leading producer of minerals, including salt, sulfate of potash specialty fertilizer and magnesium chloride. The company provides highway deicing salt to customers in North America and the United Kingdom and specialty fertilizer to growers worldwide. Compass Minerals also produces consumer deicing and water conditioning products, ingredients used in consumer and commercial foods, and other mineral-based products for consumer, agricultural and industrial applications. Compass Minerals also provides records management services to businesses throughout the U.K. "

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Monday, October 26, 2009

Kotak analysts seek answers on RIL's annual report

"Large investment: Reliance Industries' Jamnagar refinery in Gujarat. AFP

"We highlight Rs19.6 billion of fuel, power and water, and storage charges paid to companies of the major shareholder. In FY08, the corresponding amount was Rs13.7 billion," says the Kotak note."

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Sunday, October 25, 2009

Food will never be so cheap again

" A report by Standard Chartered, The End of Cheap Food, said North Africa and the Middle East have already hit the buffers. The region imports 71pc of its rice and 58pc of its corn. It lacks water to boost output. The population is growing fast. It will have to import, and cross fingers. "

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Saturday, October 24, 2009

Proposed fishing regulations would cut catches

"That amendment instituted a four-month seasonal closure (starting January 2010) on recreational and commercial fishermen for shallow-water grouper species, reduced bag limits on several fish including vermilion snapper, and closed vermilion snapper recreational fishing from November through March."

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Friday, October 23, 2009

A Deepwater Stock You Shouldn't Miss

"If you listened to the company's conference call, you know that a couple of Diamond Offshore's key accomplishments were the acquisition, at attractive prices, of the Ocean Courage and the Ocean Valor, two dynamically positioned drilling rigs that can operate in as much as 10,000 feet of water. At the same time, as the quarter came to a close, the company issued $500 million in 30-year notes at a 5.7% interest rate."

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Thursday, October 22, 2009

Washington Puts The Squeeze On Executive Pay

"Rep. Barney Frank (D-MA), chairman of the House Financial Services Committee, sponsored the so-called "say-on-pay" legislation, which the House passed in July. The bill is intended to give shareholders more influence over approving pay and compensation packages at the companies they invest in.

"I think it's inevitable that all the parties want their oar in the water," says Peter Cappelli, a professor of management at the Wharton School at the University of Pennsylvania. "

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Wednesday, October 21, 2009

Stocks turn lower as note on banks spooks traders

"Jim Porter, chief executive of New Century Capital Management in Hinsdale, Ill., said the latest profit reports from banks are encouraging but still not great. He said investors are looking ahead to a continued improvement as reason enough to buy.

"No one wants to come in and make big bets right now, so what people are doing is putting a toe in the water and when it doesn't hurt them they're buying more," he said."

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Tuesday, October 20, 2009

Wall Street's Buy List

"the spread between the price of oil and gas is the largest ever. Can it last? … Without much more deep water finds (30,000 feet in the deep ocean), natural gas will surely go up in price."

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Monday, October 19, 2009

3 Stocks That Just Make Sense

" "I like to go for cinches. I like to shoot fish in a barrel. But I like to do it after the water has run out."-- Warren Buffett"

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Sunday, October 18, 2009

Ongoing battle to get the soil right

" Fourteen kilometres of track run through the farm, making it ideal in one way for moving stock, though they have to accept dump trucks making their way to and from the quarries.

Stock trucks used in his transport business need to be regularly washed down. This is done on another block at Rockville. Merv says the ability to store water and nutrients collected from the truck washing during the wet months to irrigate through the dry months would provide similar fertiliser values to that provided by dairy effluent. "

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Saturday, October 17, 2009

How to react to the food crisis

" China accounts for more than a fifth of the world's population but has access to only 7pc of its fresh water and 8pc of its arable land. It has to feed 12.5 people from each acre of its farmland compared with just 1.7 in the US and 4.1 in the EU and it is losing cultivatable land at an increasing rate. Climate change is another complication, with some estimates suggesting that global warming could reduce agricultural productivity in Africa by 30pc before the end of the century.

Investment in individual agriculture stocks, or a fund that selectively picks these, is moreover a much less blunt instrument than passively backing the food "story". A basket of agriculture-related stocks put together by SocGen included some shares trading at as little as a third of their book value and others on as much as six times the value of their assets. However compelling the theme, there are good and bad ways to play it. "

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Friday, October 16, 2009

Leading Proxy Advisory Firm RiskMetrics Group Recommends NYFIX Stockholders ...

" Investors and security holders are able to obtain free copies of the proxy statement for the proposed merger and other documents filed with the SEC by NYFIX through the website maintained by the SEC at www.sec.gov. In addition, investors and security holders will be able to obtain free copies of the proxy statement for the proposed merger by contacting NYFIX's proxy solicitor, Georgeson, Inc., 199 Water Street, 26th Floor New York, NY 10038-3650, phone: 212-440-9800, toll-free: 888-666-2572, banks and brokers: 212-440-9800.

A pioneer in electronic trading solutions, NYFIX continues to transform trading through innovation. The NYFIX Marketplace(TM) is a global community of trading counterparties utilizing innovative services that optimize the business of trading. NYFIX Millennium(R) provides the NYFIX Marketplace with new methods of accessing liquidity. NYFIX also provides value-added informational and analytical services and powerful tools for measuring execution quality. A trusted business partner to the buy-side and sell-side alike, NYFIX enables ultra low touch, low impact market access and end-to-end transaction processing. For more information, please visit www.nyfix.com. "

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Thursday, October 15, 2009

Energy code to save money, buildings

"So why the discrepancy? �In Germany, we do have another political situation,� he said. �In the UAE in the last few decades, energy was not an issue. Due to the climatic conditions and the aim to develop the UAE, the Government wanted to subsidise investment, but in the end they subsidised the use of electricity.�Mr Schlenther calculated that in Abu Dhabi city, the subsidies for electricity and water last year were US$5 billion. He recommended that in addition to drafting requirements for new buildings, the Government should encourage retrofits to insulate the existing stock."

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Wednesday, October 14, 2009

Let's Stay in and Order Canadian

"Roger S. Conrad is editor of Utility Forecaster, the nation’s leading advisory on essential services stocks, bonds and preferred stocks. His proprietary safety rating system evaluates the prospects of every significant electric, natural gas, telecommunications and water company, including utility-based mutual funds and foreign utilities. Roger’s penchant for detailed research and his studied insights into utilities markets have garnered him a wide audience of subscribers—not to mention a bevy of industry awards for his perceptive reporting, commentary and investment advice.

He brings the same enthusiasm and intelligence to Roger Conrad’s Canadian Edge, an Internet-based publication devoted to uncovering lucrative investment opportunities in Canadian royalty trusts. Roger’s exhaustive coverage of how recent changes to Canada’s tax laws will affect these companies has earned him a reputation as one of the leading authorities on Canadian trusts. Subscribers and the national media often contact him for information on the latest economic developments and investment opportunities north of the border."

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Tuesday, October 13, 2009

US STOCKS-Wall St falters as J&J and bank stocks drag

" The Nasdaq stayed above water after Cisco Systems Inc (CSCO.O) agreed to buy Starent Networks Corp (STAR.O) for $2.9 billion, or $35 per share. Cisco's stock added 0.5 percent to $23.89, while Starent, which makes telecommunications equipment, surged 16.8 percent to $33.91. [ID:nN13179321]."

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Monday, October 12, 2009

Pearl demand drops

"The owner, Justin Hunter, said the company had been fortunate to have remained above water continuing with business at a slow rate."

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Sunday, October 11, 2009

World losing mixture of plant, animal species at accelerated rate: scientists

"Researchers say that greater tracts of land are being swallowed up by commercial interests to feed a growing appetite for natural resources, like lumber and water.

Hendry said Canada has made minor gains in safeguarding some species by creating protected areas and investing in the Species at Risk Act, but hasn't gone far enough."

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Saturday, October 10, 2009

Students used to get a proper education in hardship

"Writing in Times Higher Education, Professor Kevin Sharpe – an expert in renaissance studies at Queen Mary, University of London – said that, whereas his own student digs in the 1960s had been "held together by accumulated grime", modern students live in "posh pads" stuffed full of laptops and flat-screen TVs. Their food bills include bottled water, wine and expensive snacks; they buy sandwiches from Marks & Spencer and drink £2 cappuccinos. In student towns, the holidays are greeted with dismay by taxi drivers and restaurateurs, whose incomes vanish with the young hedonists."

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Friday, October 9, 2009

Why invest in farmland?

"A bonus to owning farmland is that it provides additional opportunities to generate income or capital gains through wind development, oil and gas leases, the sale or lease of water rights, and recreational use.

Farmland provides an opportunity to invest in an asset class that is not directly correlated to stocks and bonds and has significantly less volatility. Farmland also provides a margin of safety to investors as stock prices can go to zero, but farmland will always have some value."

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Thursday, October 8, 2009

Treece Blog: Traders put cart before horse

"Most readers will undoubtedly understand my frustration, as I have been calling for a downturn in the stock market for about a month now. So for the last month life around the office has been characterized by the old adage "Patience is a virtue."

One argument that has come up repeatedly is that the US dollar is crashing and that investors should be buying gold and other commodities as a hedge. This argument doesn't exactly hold water, since the dollar is currently higher than it was last March when gold peaked, as measured against a basket of global currencies (NYBOT:DX). In fact, based on global exchange rates, it has been projected that Gold should actually be just shy of $800/ounce (Nadler, Buy the Rumour, Buy the Fact)."

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Tuesday, October 6, 2009

AimCo mulling half-dozen private equity deals: CEO

" Alberta Investment Management Corp, which manages about C$70 billion ($66 million) in government accounts and pensions in the energy-rich Canadian province, has a deal-value 'sweet spot' of about C$200 million for such transactions, AimCo CEO Leo de Bever said.

Today, some of the best opportunities for investments are in public infrastructure, as governments stopped spending on upkeep of power transmission lines as well as water and sewer systems, he said. "

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Monday, October 5, 2009

Are Any Sports "Free"?

"He argues that businesses like Google (“the Citadel of Free”) can make more by giving things away than by charging for them. Free websites, long distance calls, blogs, stock trades, and newspapers are among the many examples.

Exercising doesn’t have to cost anything. No equipment whatsoever is required. Soldiers and prisoners do thousands of calisthentics in dusty open fields or on the floor of their cells. Football legend Herschel Walker claimed to do only pushups, situps, and sprints as a boy. You can lift cans or jugs of water as easily (or strenuously) as you can shiny silver dumbbells. On the other hand, fitness clubs will charge you $70 to $125 a month for the privilege of breaking a sweat, or twice that with the services of a personal trainer. In my lifetime, we have turned something that was free and simple and even used as punishment into something expensive, technologically complicated, and desirable."

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Sunday, October 4, 2009

A Primer on Iran's Medical Reactor

"A swimming pool-type reactor similar to the TRR in Iran whose fuel is apparently the subject of a deal between Iran and the P5+1. The eerie blue light is Cherenkov radiation given off as subatomic particles streak through the water."

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Saturday, October 3, 2009

Victorian loos can leave you feeling flush

"Sir John Harington is usually credited as the inventor of the first flushing water closet. Two were made in 1594, one for Harington and the other for his godmother, Queen Elizabeth I. "

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Friday, October 2, 2009

These 5 Underdogs Are No Dogs

"Despite the U.S. Justice Department having given Oracle the green light to complete the deal -- Ellison says Sun Microsystems is losing $100 million a month because of the delays -- the EC has opened up an antitrust investigation. CAPS member woppi likes Ellison, and although he's often portrayed as bordering on megalomaniacal, a brash personality could be just what Oracle needs here. However, there is the risk that it could get the company into much deeper hot water with a commissioner who apparently relishes her own time in the spotlight."

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Thursday, October 1, 2009

Deep-Sea Oil Reigns Supreme for Byron King

"BK: I still think that. I love offshore deep water. I am so excited about it as a long-term energy play. We're now at a point where we know how to do deepwater. The technology has progressed to the point where it's a testimonial to the ingeniousness of the human mind, that people can do what they do-that they find and explore and drill and produce that stuff from the long distances offshore, in the mile and two-mile water depths, to the depths below the sea floor-five miles and more-to get that oil. It is just a monument to modern genius that we do that. It's a great, great, great investment space for the energy investor.

TER: About three years ago, the whole concept of peak oil began gaining traction in the media and at conferences. Do discoveries of these major oil fields in deep water negate this peak oil concept?"

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