Friday, November 28, 2008

Good Time to buy Asia stock

This is good time to invest in Asia stock market, I will explain why I said that.
Every body knows about financial crisis in USA is effect bank and business in USA getting worst everyday. Car producers in USA are hit by the effect of this financial crisis because the oder around the globe reduce in 2008. Anyway we have to look in fact detail, The manufacturers in USA have a crash flow problem and low circulation and the car is not eco engine. Look at the rival in Asia, Honda & Toyota Japanese company produce eco car and Sub-Compact car by VTEC engine the record we can see growing of Sub-Compact car sells in opposite directions pare with future of GM is flat around asia at lease 6 month


The situation of east and western world is much difference the crisis hit Asian by fund flow that out from the market because of force sales.

  • Till now some stock price is lower and lower than the truly value

  • good free cash flow

  • No debt or long term debt

  • growth every year

  • dividendmore than 7%

  • PE 3

  • P/BV 0.8


  • You can find the of diamond among the stone in asia stock market.


    Read more...

    Thursday, November 27, 2008

    Terrorist attacks India not to impact banking system



    MUMBAI: The deadly terror attacks, which crippled the city today, will not be able to dent the confidence of India's banking and financial

    system, which, bankers feel, will bounce back to normal soon. 

    "I don't see any impact of the terror attacks on our bank," Union Bank of India (UBI) Chairman M V Nair told PTI.
     

    Out of 120 UBI branches in the city, 118 are functioning normally, Nair said, adding, the impact is limited to the Nariman Point area, which is cordoned off by security forces. 

    HDFC Bank Treasury Head Sudhir Joshi said the banking operations, except in the areas affected by terrorist attacks, remained largely unaffected. 

    Major markets, including the Bombay Stock Exchange and National Stock Exchange, remained closed. 

    "I don't think that there would be an impact of terrorist attacks in Mumbai on the financial sector even in the very short term," Joshi said. 

    ICICI Bank Managing Director and CII President K V Kamath said while the city has a track record of bouncing back, "this is new type of attack and I am sure the city has to adjust to this attack." 

    Former RBI Governor Bimal Jalan said it's time for consolidation, support and solidarity in the country and across the border. 

    "Some people are worried if it will affect the foreign investments," Jalan said. 

    The city has faced several terror onslaughts including those in 1993, 1997, 1998, 2002, 2003 and 2006.>

    reference :
    the economic times
    Union Bank of India (UBI)
    Bombay Stock Exchange
    National Stock Exchange


    Read more...

    Wednesday, November 26, 2008

    PAD shut Airport of Thailand

    PAD shuts Suvarnabhumi Airport

    Thousands stranded as outbound flights cancelled

    Suvarnabhumi airport and the travel plans of thousands of tourists were in turmoil last night after PAD supporters stormed the terminal, forcing authorities to shut down most operations.

    PAD protesters jam the entry to the passenger terminal at Suvarnabhumi last night before storming inside, forcing the closure of the airport to outgoing flights. Airlines were making their own decisions on flight arrivals. PAWAT LAOPAISARNTAKSIN
    Outbound flights were suspended from 9pm and the terminal building was closed when People's Alliance for Democracy breached a thin line of police officers, Suvarnabhumi director Serirat Prasutanond said.


    Inbound flights were still being allowed to land at the airport last night. Officials said it was up to the airlines whether they would continue to allow flights to land today.
    The decision left thousands of passengers stranded inside the terminal. Night time is one of the peak periods for the airport as most flights to European cities take off after dark.
    Airports of Thailand (AoT) officials tried in vain to persuade the PAD protesters not to enter the terminal.
    A decision to reopen the airport would be decided later after officials assessed the situation, he said.
    As reports of PAD supporters heading to Suvarnabhumi reached Samut Prakan governor Kwanchai Wongnitikorn, he contacted army chief Gen Anupong Paojinda to send troops to help police prevent them from storming into the airport's main areas.

    The governor told Mr Serirat he had sought help from the army chief. But there was no response from the army, leaving an inadequate police cordon unable to cope with the mass of anti-government protesters.
    The PAD demonstrators broke through police lines shortly after 8pm and walked among the passengers with some shouting "Fight! Fight!", frightening many foreign visitors.

    Earlier, the PAD had issued a statement that it would shut Suvarnabhumi airport to force Prime Minister Somchai Wongsawat and his coalition government to step down.
    The PAD said the shutdown was a "must-do" measure to stop the "puppet government" from functioning.

    "The PAD needs to elevate its protest and civil disobedience by shutting down Suvarnabhumi airport. We are issuing an ultimatum through the Thai public and the world community to Somchai Wongsawat and his government. They must step down immediately and without conditions," the statement said.

    As thousands of protesters blocked off the airport, passengers were forced to drag their luggage along the lengthy access roads to the terminal, only to find their outbound flights cancelled.
    About 400 crowd-control police from Samut Prakan and airport security guards were mobilised to stand guard.

    Speaking from Peru, the prime minister said his chartered flight would not land at Suvarnabhumi today but refused to disclose his destination. "I will get off the plane wherever it lands," he said.
    Mr Somchai's flight from Peru, due to leave at noon from Lima, was delayed for several hours because of technical problems.
    He said he would not cave in to PAD pressure, saying only the people could dictate to him.
    He said under the constitution, anyone who attempted to topple the government would be considered insurrectionists.
    Mr Somchai lashed out at the PAD's siege of the government's temporary office at Don Mueang airport, saying the group was being irrational and damaging the country.
    He said he would call an emergency meeting of security agencies after his return from Peru.
    The premier doubted the PAD would allow a new parliamentary session to approve all agreements for Thailand to sign with other members of the Association of Southeast Asian Nations (Asean) at the Chiang Mai summit next month.
    Earlier in the day, the PAD demonstrators briefly rallied outside the Supreme Command headquarters on Chaeng Wattana road following a report that the cabinet would meet there.

    The joint parliamentary sitting has been rescheduled for Dec 8-9.
    Metropolitan Police Bureau commissioner Pol Lt-Gen Suchart Muenkaew said more checkpoints would be set up in and around Bangkok as more PAD supporters were coming to the capital.

    reference :
    bangkokpost


    Read more...

    Monday, November 24, 2008

    Voice of Asian tourist industry from Japan & Thailand

    Today Japan, Thailand and Asian tourism and hospitality is flat or getting worse when hit by the effect of financial crisis of america and introduce you to know about Thailand's major sources of revenue.

    This journal Publication since 1993 author by Wanchai Panmunin, Ph.D., is an associate professor at Concord College (Athens, West Virginia) the name of article is What's happening to Thai hospitality The Most Exotic Country in Asia.

    Today I surf around japan site and found some interesting article from Japan Time website. I think this is good articles of voice from japanese who work in tourism industry it should be great for investor to know what they think and for this period what strategy they use how toattract foreigners and promote the business in Voice from tourism industry in Japan

    hope both article from asian voice will make some business idea to you.

    Read more...

    Thailand almost ready to sign Asean-S. Korea pact

    Thailand is ready to sign the Asean-South Korea free trade agreement at the Asean Summit in Chiang Mai next month if the plan wins endorsement from Parliament today.

    According to Noppadon Sarawasi, deputy director-general of the Trade Negotiations Department, the agreement is likely to be the only free trade deal Thailand could achieve this year.

    Thailand has been engaged in talks about its role in other free trade agreements under the Asean framework including Asean-India, Asean-Australia, and Asean-New Zealand.

    Mr Noppadon said those agreements were unlikely to be signed within this year.

    Asean and Seoul began FTA talks in December, 2005. All Asean members except Thailand signed the agreement on trade in goods and agreement on dispute settlement mechanism in May 2006 and it took effect two months later.



    Thailand had declined to sign the Asean-Korea FTA over differences in Seoul's treatment of some agricultural products, particularly rice and livestock.

    After almost a year of negotiations, Thailand concluded the talks with Seoul under the Asean-Korea free trade agreement (AKFTA) last December after Seoul allowed an extension for import tariff reductions on Thai goods from 2010-12 to 2016-17.

    Thai items given extensions for tax cuts and/or waivers include steel and steel products, cosmetics, raw hides, tanned leather and leather goods. Other products that would benefit from Seoul's pledged tariff cuts include electrical appliances, particle board, plywood, cane molasses, yarn, frozen shrimp, tapioca starch and squid.

    South Korea is Thailand's eighth-largest trade partner, with bilateral trade value of nearly US$7 billion.

    According to Mr Noppadon, the Commerce Ministry would also seek approval from Parliament today on a mutual recognition agreement (MRA) for three professions _ physicians, dentists and accountants _ allowing personnel in those three careers to work freely in Asean.

    Official signing is anticipated at the Asean Summit from Dec 15-18 if MPs approve the proposal, he said.

    Chutima Bunyapraphasara, director-general of the Trade Negotiations Department, said the Asean Trade in Goods Agreement (Atiga) and the Asean Comprehensive Investment Agreement (ACIA) were also scheduled to be signed at the Asean Summit in December.

    Atiga is an amendment to the Asean Free Trade Area Common Effective Preferential Tariff (Afta CEPT) scheme, while ACIA is also an improvement over two existing ones _ the Asean Investment Area (AIA) and Asean Investment Guarantee Agreements (IGA).

    Afta CEPT focused on tariff reduction or elimination for trade in goods. Atiga comprises both tariff and non-tariff elements, including trade discipline on sanitary and phytosanitary measures, customs procedures and trade facilitation, among others. The refinements are part of the effort to create a broader Asean Economic Community by 2015.

    Reference |bangkokpost | Thai FTA



    Read more...

    Summary: fluctuate

    China

    Tiwan
    Japan
    Thailand


    flat all asia, rebound only Japan market.
    for thailand today have insider problem about political the people protest around the airport.

    Read more...

    Sunday, November 23, 2008

    Know more & Invest in Asian

    I'm make compilation of Asian stock market website to this blog you can see in the right table.
    You can check stock movement and get more information about market and business in Asia.
    and let see what happen in asia during in europe and USA hit by the Financial crisis, see what effective to asian investment.



    Asia Stock Market

    You will see the stock index is all down, Who know why ? it real effect or just funds flow is moving out ?
    for the case of funds flow it mean the price is low it not about fundamental of the business right ? maybe ?
    then investor can benchmark the Value to invest maybe this is good chance?

    Stay calm Stay Invest


    Read more...

    GM sees flat China sales next 6-9 months

    By Dana Ford

    LIMA (Reuters) - General Motors Corp said on Friday it expects sales in China to be flat for the next nine months, as the worldwide economic crisis hits the company in its largest market outside of the United States.

    The U.S.-based automotive maker, whose share price tumbled to its lowest level in 66 years this week, had been depending on China as one of its fastest growth markets.

    "For China, we're expecting a relatively flat market -- so no up, no down -- for probably another six to nine months maximum, and then back to the more natural growth that we see longer term of 10 to 15 percent," Nick Reilly, GM's Asia Pacific president, told Reuters at a meeting of leaders from 21 Pacific Rim economies at the APEC summit in Lima.



    "The growth is probably going to be somewhere around 10 percent for the industry, and I would hope we can grow a little bit more than that with those new entries," he said.

    GM is planning to roll out five new cars in China in the next 12 months. Because of the new products and China's general economic boom, Reilly remained upbeat about the company's long-term growth in the Asian country.

    He said GM would likely sell between 1 million and 1.2 million vehicles in China next year, up from 1 million sold in 2008.

    Elsewhere in Asia, Reilly said GM plans to spend about $1.5 billion each year, for the next two to three years, investing in places like India, where the company hopes to double its market share in the next three to four years. It currently has about 4 percent of the Indian market.

    GM is working to up its growth throughout the Asia Pacific, but is obviously aware of the extremely tight economic environment.

    "Robust growth is going to start again when consumer confidence comes back and that is, I think, fairly closely linked with the stock market," said Reilly.

    GM shares were off almost 7 percent on Friday at $2.68.

    (Reporting by Dana Ford; Editing by Fiona Ortiz, Lisa Von Ahn and Matthew Lewis)


    Reference : reuters.com

    Read more...

    Saturday, November 22, 2008

    Asian hedge fund industry set to thrive despite headwinds

    Arguably, 2007 was the most important year for hedge funds in Asia since GFIA started researching the Asian hedge fund universe in 1998. First, it was clearly a good year for returns. The Asiahedge composite was up 9.2 per cent in US dollar terms, roughly twice Libor, while the more representative Asia ex-Japan and Asia including Japan indices were up by 24.6 and 21.1 per cent respectively.

    The GFIA-managed fund of Asian hedge funds, the Wittenham Asia Core Fund, returned 30.2 per cent from a highly diversified portfolio. The exception was, of course, Japan, where the corresponding Asiahedge long/short index was down 2.6 per cent, again in US dollar terms. Over the year, GFIA made money from its Japanese allocations, but only just.

    Secondly, in a global context, the hedge fund industry demonstrated conclusively that its risk management processes were much more effective in aggregate than those of the banking system. The global banking system wrote off at the very least USD100bn of shareholder value, with more of those losses probably lurking within the system, while the global hedge fund industry - assuming a size of USD2tn, and applying the HFRI composite fund index return for 2007 of 10.2 per cent - created more than USD200bn of investor value.



    Clearly, spreading risk management across a broad spectrum of economically empowered specialists is far more effective than letting risk management sit with employed agents within a small number of large banking institutions. This lesson will sink in deeply through 2008, and lead to a new level of respect for the hedge fund industry.

    Finally, for the larger managers that have for some time been involved as direct liquidity providers to issuers, their main competition - the banks - fell away in the second half of the year. Some of the larger hedge funds in Asia that specialise in direct liquidity provision told GFIA that the environment had become very friendly for them toward the end of 2007, as the deal flow increased significantly because of the banks' absence.

    Relatively speaking, the crippling effect of the sub-prime crisis on commercial and investment banks has resulted in a significant increase in the share of global funding provided directly by the hedge fund industry. It's very difficult to quantify this, but GFIA's best estimate is that during 2007, the Asian hedge fund industry's share of capital markets activity, outside exchange-traded transactions, may have doubled.

    One side-effect of this is that the quality of returns of the hedge fund industry may strengthen still further. One manager that provides direct credit to medium-sized Asian companies told GFIA that, while spreads have not widened hugely, the increased number of deals they're seeing allows them to cherry-pick much more than six months ago. In other words, the quality of the credit in their portfolio is strengthening.

    For these reasons, we feel that 2007 will be seen in hindsight as a watershed year for the hedge fund industry globally, and this was very much reflected in the Asian experience.

    However, at the end of 2007, the market environment changed very clearly. One of the larger (USD1.7bn) Asian long/short managers told us that between October and the end of 2007, the average liquidity of its large-cap equity portfolio had roughly halved, having approximately doubled over the preceding 19 months. Investors were on the sidelines, not taking any bets.

    The following week, markets fell violently across most of the world on heavy volume. Volatility has already reached a new high plateau. A long volatility manager with which GFIA is invested made twice as much money in the blip of November 2007 compared with the market disaster that was January, because the absolute price of volatility had already increased so much.

    Central banks are making dramatic interest rate cuts. Predictions are dangerous, but in February it appears clear that we are in a bear environment for most equity markets, that at best the world's developed economies' growth is already slowing, and that some large pockets of the financial sector are already under severe stress that is beginning to leach into parts of the real economy.

    However, this is likely to be a good year for the emerging market hedge fund industry. Why?

    Most of the world's emerging market corporates and consumers are underleveraged, and in fundamentally good shape. In particular in Asia, the memories and lessons of the Asian crisis of 10 years ago are very real, and balance sheets, corporate and personal, are generally conservative. The pain of a US recession will not be disastrous for the majority of the developing world. In relative terms, if not absolute, the emerging world presents a fundamentally much stronger proposition.

    The policy reaction will inevitably create another bubble somewhere, quite possibly, given the growing sense of geopolitical change in the world, in the developing world. It's not impossible that the US dollar will become a cheap funding currency, while the generally strong sovereign balance sheets and prudent policies of much of the emerging world creates an environment for currency stability if not appreciation.

    Volatility, as deleveraging fights liquidity and the appetite for cheap assets fights the fear of further losses, will continue, and volatility is generally good for hedge funds.

    Some of the pain will be felt globally. For example, Asia is already seeing bankers being fired, often as part of a global headcount reduction. But generally the distress will be felt in the more leveraged economies of the US and Europe, and less so in the developed world.

    Emerging capital markets, in the face of major structural economic changes, changing liquidity patterns, and investor uncertainty, are likely to continue to be inefficient, providing a good opportunity set for hedge fund managers.

    Hedge funds are likely to be a key beneficiary of the relative strength of emerging economies. The extreme volatility we've seen will have reminded investors of the attractions of returns two or three times Libor, as an approach to participating in the growth of the 'new' world without taking simple market beta.

    Some of the likely winning strategies include credit, for the reasons described above, and macro, as the changing world creates major currency and interest rate shifts. These have been under-allocated strategies in Asia and therefore capacity remains fairly readily available.

    There remain some headwinds for the Asian hedge fund industry this year. Amid the recent volatility, the dispersion of returns across managers has been high, and 2008 is likely to see a continuation of this, winnowing the wheat from the chaff. GFIA believes that one result will be a high rate of manager attrition, as the entrepreneurs who have entered the industry over the previous two or three years, exit, leaving the universe more concentrated in managers with a genuine investment focus.

    Investor risk aversion is likely to remain high, and while we are certain that the industry will show growth in 2008, investors are likely to look even harder at operational and organisational strength. This will favour managers with existing critical mass, but it will be a hard year for smaller firms without this backbone.

    In the near term, the overall deleveraging of the investment landscape is likely to mean slower flows in at least the first quarter of the year.

    In a bear market, a classic net long equity long/short fund will find it hard to make money. While overall GFIA is excited by the potential for returns in 2008, the source of those returns will be different from sources in 2006 and 2007. Many allocators are substantially weighted in Jones-model equity strategies, and this may constrain their performance.

    Finally, until and unless the Japanese economy wakes up - which is probably a function of the domestic political environment - there is likely to be a continuation of the outflow from Japanese hedge funds in aggregate.

    But overall, we suspect that the Asian hedge fund industry will continue to experience good asset growth this year. On the likely assumption of continued volatility, returns should be good, although perhaps not as good as in 2007. The key variable, we feel, is the flow of liquidity into the region, and this will be a tug-of-war between recession-mitigating global liquidity inflows, and deleveraging and risk aversion on the part of global allocators. On balance, we believe liquidity will win.

    Peter Douglas, CAIA, is principal of GFIA, Asia's oldest hedge fund consultancy, researching Asian and Latin hedge funds on behalf of professional investors, and advisor to the Wittenham Asia Core fund of funds

    reference : http://www.hedgeweek.com

    Read more...

    welcome to Asian Investor Report


    I will let you know more-how-when to invest in Asian market and overall image by update news what's hot in Asia and about money exchange rate, bond, stock trading, funds and include content about political. If you are interested to invest in Asian or earn money especially in South east Asian.

    Read more...

    Web Directory

    this part is underconstruction

    See who visit us

    Followers

      © Copy Right by valueinvestorasia.blogspot.com

    Back to TOP