As several CSRC officials have learned over the past four months, being a “connected guy” vis-a-vis the Politburo does not necessarily mean you are immune when Xi and the Party decide it’s time to make an example of a few “chickens” in order to scare some “monkeys.” China’s sweeping crackdown on sellers, “manipulators”, frontrunners, financial…
The last 6 years have been great for US companies. Record low interest rates have enabled firms to borrow and refinance expiring borrowing cheaply. Low interest rates have also kept up consumer demand, inflated stock and property prices and therefore also had a wealth effect on consumer expenditure. Low interest rates have also led to…
Global commodity prices have plummeted over the past few months. Iron ore prices for example, are near ten-year lows; having reached close to US$200 per tonne in 2011, the value was a mere US$39.25 per tonne on Wednesday. Crude oil prices have also continued a downward trend, driven by a lingering imbalance ― excess of…
We evaluated 20 different companies this week to determine whether they are suitable for Defensive Investors, those unwilling to do substantial research, or Enterprising Investors, those who are willing to do such research. We also put each company through the ModernGraham valuation model based on Benjamin Graham’s value investing formulas in order to determine an intrinsic value for…
It has been suggested by Wall Street that cash rich Apple (AAPL) should consider purchasing Tesla (TSLA). The two companies have been inextricably linked over the last few years, owing to Apple’s endeavors in the electric car marketplace. But now financial sector analysts suggest that Tesla would be an ideal target for Apple, as the…
It’s been a roller coaster market ride so far this December. I was so excited with my pickups of Kinder Morgan (KMI) last week, 100 shares at $20 and another 100 shares at $17. However, after this week’s dividend announcement I wish I had waited on buying. Having said that I am in it for…
From mobile devices and wristwatches to electric cars… lithium-ion batteries provide the power that keeps our digital society humming.The only thing is… they’re not very efficient. In fact, their energy density is absolutely terrible when compared to just about anything else. Lithium-Oxygen – the Next-Generation Battery? While it’s annoying to see the battery power drain from your phone too…
The energy markets are tanking and are at levels that have not been seen since “The Recession” of 2009. Opinions are divided on the effects of the fall. Some say it is good for consumers, whereas, others say it is bad for the global economy. We analyze the overall effects of low crude oil prices…
Deals and Financings BioAtla LLC, a San Diego-Beijing biotech, entered a complicated deal with Pfizer (NYSE: PFE) that could be worth more than $1 billion to BioAtla (see story). The agreement combines BioAtla’s Conditionally Active Biologic (CAB) antibodies with Pfizer’s proprietary antibody drug conjugate (ADC) payloads. In addition, Pfizer has an exclusive option to develop and market…
