Nommé comme le meilleur blogeur boursier par CNN/Money, Eddy Elfenbein vous offre sa liste d'achat pour 2011.
http://www.crossingwallstreet.com/archives/2010/12/the-2011-crossing-wall-street-buy-list.html
Opinion & investing ideas
samedi 18 décembre 2010
encore...
.....à chaque mois il y a toujours un analyste qui monte le prix cible du titre d'Apple.
Shares of Apple AAPL.q are up 77 cents at $322.02 after Gabelli & Co. analyst Hendi Susanto initiated coverage of the stock with a Buy recommendation and a price target of $450. That target is based on a 12 times P/E on Apple’s fiscal 2012 (the year ending September of 2012) estimated EPS of $25, plus a projected $103 per share in cash by that time.
That EPS estimates is high: the Street is currently modeling about $22, on average.
The note is a hoot: Susanto actually includes the old Apple “rainbow” logo at the top, and the title is, “The King Is Dead, Long Live The King.”
Susanto sees multiple factors boosting revenue this fiscal year ending in September to $98 billion, which is about $10 billion more than the Street has been looking for.
And the analysis is a lot about content and about the Apple “ecosystem,” not the devices, per se. Susanto sees Apple having 290 million users of its media consuming devices — meaning iPad, iPhone, and iPod — by this September. That number of users may more than double by 2015 to 680 million.
Susanto figures each of those individuals consume about $25 per year, on average — Apple’s content “ARPU.” But “the network effect due to the expanding universe of Apple users is cementing iTunes as an industry standard platform for content.” And as a result, Susanto expects that ARPU to rise over time.
The most glaring caveat in the report: by September of 2012, Apple should have $97 billion in cash — that’s Billion with a “B.” Hence, Susanto warns,
Thee is still no clarity on use of cash. Management indicates that it plans to retain its strong cash position for strategic opportunities in the future. We believe Apple is going to encounter increasing pressure on using its cash for share buyback or dividend.
That EPS estimates is high: the Street is currently modeling about $22, on average.
The note is a hoot: Susanto actually includes the old Apple “rainbow” logo at the top, and the title is, “The King Is Dead, Long Live The King.”
Susanto sees multiple factors boosting revenue this fiscal year ending in September to $98 billion, which is about $10 billion more than the Street has been looking for.
And the analysis is a lot about content and about the Apple “ecosystem,” not the devices, per se. Susanto sees Apple having 290 million users of its media consuming devices — meaning iPad, iPhone, and iPod — by this September. That number of users may more than double by 2015 to 680 million.
Susanto figures each of those individuals consume about $25 per year, on average — Apple’s content “ARPU.” But “the network effect due to the expanding universe of Apple users is cementing iTunes as an industry standard platform for content.” And as a result, Susanto expects that ARPU to rise over time.
The most glaring caveat in the report: by September of 2012, Apple should have $97 billion in cash — that’s Billion with a “B.” Hence, Susanto warns,
Thee is still no clarity on use of cash. Management indicates that it plans to retain its strong cash position for strategic opportunities in the future. We believe Apple is going to encounter increasing pressure on using its cash for share buyback or dividend.
vendredi 17 décembre 2010
Les sables bitumineux
Belle sortie de cage à homard de mon coté...mon idée d'avoir une patte dans les sables bitumineux était bonne.....un "ti-peu" trop en avance....Quand il y a du mouvement des "major".....ça brasse les moyens et les petits.
French oil major Total SA (NYSE: TOT) and Canada’s Suncor Energy Inc. (NYSE: SU) have agreed to form an alliance that combines the two companies’ interests in a number of projects in the oil sands of Canada’s Alberta province.
Total will pay about $1.74 billion to Suncor to gain an additional 19.2% stake in Suncor’s Fort Hills project and a 49% stake in Suncor’s Voyageur upgrader project. The deal bumps Total’s interest in the Fort Hills project to 39.2%. Suncor owns 40.8% of the project and is the operator. Teck Resources Ltd. (NYSE: TCK) owns the remaining 20% and is not involved in this deal.
In exchange for the stake in the Voyageur project, Total passes a 36.75% stake in its Joslyn project to Suncor, retaining 38.25% for itself. Total will be the operator at Joslyn. Occidental Petroleum Corp. (NYSE: OXY) owns 15% of the project and Japan’s Inpex owns the remaining 10%, and neither is involved in the announced deal.
Total will also cancel work on an upgrader it had planned as part of the Joslyn project. Instead the Voyageur upgrader will process the bitumen from both Fort Hills and Joslyn at a rate of 200,000 barrels/day once the upgrader is completed, now scheduled for 2016. Suncor expects to more than double its output by 2020, to more than 1 million barrels of oil equivalent per day.
Total will pay about $1.74 billion to Suncor to gain an additional 19.2% stake in Suncor’s Fort Hills project and a 49% stake in Suncor’s Voyageur upgrader project. The deal bumps Total’s interest in the Fort Hills project to 39.2%. Suncor owns 40.8% of the project and is the operator. Teck Resources Ltd. (NYSE: TCK) owns the remaining 20% and is not involved in this deal.
In exchange for the stake in the Voyageur project, Total passes a 36.75% stake in its Joslyn project to Suncor, retaining 38.25% for itself. Total will be the operator at Joslyn. Occidental Petroleum Corp. (NYSE: OXY) owns 15% of the project and Japan’s Inpex owns the remaining 10%, and neither is involved in the announced deal.
Total will also cancel work on an upgrader it had planned as part of the Joslyn project. Instead the Voyageur upgrader will process the bitumen from both Fort Hills and Joslyn at a rate of 200,000 barrels/day once the upgrader is completed, now scheduled for 2016. Suncor expects to more than double its output by 2020, to more than 1 million barrels of oil equivalent per day.
Brasil
DIRECTV Latin America, a subsidiary of DIRECTV (NYSE: DTV) is further expanding its operations and ambitions into Latin America. Today’s news is the closure news rather than onset of news. Still, this just shows much greater ambition of the satellite TV operator into such a high growth market like Latin America. The company announced that it has completed its $604.8 million cash for stock transaction with Globo Comunicação e Participações S.A.
The closure of these deal with Globo brings DIRECTV’s ownership of SKY Brasil up to approximately 93% from 74%, leaving Globo with the remaining 7% stake.
DIRECTV acquired 178,830,000 shares, or 18.9% of SKY Brasil in the deal from Globo and its affiliates.
The closure of these deal with Globo brings DIRECTV’s ownership of SKY Brasil up to approximately 93% from 74%, leaving Globo with the remaining 7% stake.
DIRECTV acquired 178,830,000 shares, or 18.9% of SKY Brasil in the deal from Globo and its affiliates.
Les arches d' Or
McDonald's will increase its investment in China by 40% and open 175 to 200 new stores in the country in 2011 and 1,000 stores by 2013, McDonald's China CEO Zeng Qishan said Wednesday.Half of the new openings by 2013 will be drive thru stores, which currently account for 10% of the Golden Arches' total restaurants in China. The number of drive thru stores are expected to reach 550 by 2013, Zeng said. KFC, its bitter foe, has less than 70 drive thru stores in the country.
jeudi 16 décembre 2010
oups...
Les actions des Groupes de cartes de crédit MasterCard et Visa ont baissés respectivement de 8,7% (à 227,3$) et 11,8% (à 67,8$) aujourd'hui à Wall Street. Les investisseurs se montrent méfiants face à la nouvelle proposition de la Reserve Fédérale américain concernant la limitation des frais de transactions aux Etats-Unis, payés par les distributeurs, lors d'achats effectués par cartes bancaires.
The demand for metals and minerals of all kinds is pushing up sales and profits in the makers of the equipment used to extract the commodities.
Joy Global’s CEO told the Financial Times that the equipment maker is “entering the earlier stages of another multiyear expansion of the industry.” Miners including BHP Billiton Ltd. (NYSE: BHP), Vale SA (NYSE: VALE), Rio Tinto plc (NYSE: RIO), Xstrata plc (OTC: XSRAY), and Anglo American plc (OTC: AAUKY) expect to invest as much as $120 billion in 2011 to boost production.
mercredi 15 décembre 2010
marde...
Pardonnez-moi les "gros" mots mais il faut que quelqu'un le dise...à chaque fin d'année il y a des Analystes ( spécialistes) qui s'énervent et parlent que les stocks solaires vont avoir une année fantastique...voir même des résulats jamais vu à cause
de la montée du pétrole....ah ouin?
--------------------------------------------
Alors voici les stocks les plus "hot" pour 2011....selon les "mange marde".
Solarfun Power Holdings(Nasdaq:SOLF)
market cap $626M
China Sunergy(Nasdaq:CSUN)
marlet cap $196M
LDK Solar(NYSE:LDK)
market cap $1.33B
Yingli Green Energy(NYSE:YGE)
market cap$1.55B
Solarfun Power Holdings(Nasdaq:SOLF)
market cap $626M
China Sunergy(Nasdaq:CSUN)
marlet cap $196M
LDK Solar(NYSE:LDK)
market cap $1.33B
Yingli Green Energy(NYSE:YGE)
market cap$1.55B
mardi 14 décembre 2010
The Gold rally isn’t over
.... according to UBS analyst Julien Garran, who hiked the metal’s 2011 price target to $1550 an ounce in a note to clients yesterday. With a number of high-profile investors counting gold-tied stakes among their top-U.S.-listed equity positions, it will be interesting to see whether the analyst is on target.
Les compagnies aériennes vont réaliser cette année et la prochaine des bénéfices plus élevés que prévu, en raison du redressement du marché et d'une meilleure utilisation des capacités, annonce mardi l'IATA....l'Association internationale du transport aérien. "Nos prévisions de bénéfices ont augmenté à la fois pour 2010 et pour 2011, en raison de performances exceptionnelles au troisième trimestre", a déclaré le directeur général de l'IATA qui regroupe 230 compagnies aériennes qui représentent 93% du trafic international régulier.
Le chiffre d'affaires attendu est de 565 milliards de dollars pour 2010 et de 599 milliards en 2011, après 482 milliards en 2009.
JCPenney JCP.nyse has set up shop on Facebook, allowing consumers to buy the company’s clothes and tell their friends about it. The retailer worked with Usablenet on the site, which also lets users “like,” share and review products.
JCPenney currently has 1.3 million fans on Facebook. The company moved closer to Facebook integration in October when it began running Facebook “like” buttons in its banner ads. JCPenney’s not the first retailer to sell its wares on the world’s largest social networking site. 1-800-Flowers started offering Facebook-based transactions last year and in August, Delta Airlines began letting users book tickets from its Page. Procter & Gamble also runs an e-commerce site on the network.
JCPenney currently has 1.3 million fans on Facebook. The company moved closer to Facebook integration in October when it began running Facebook “like” buttons in its banner ads. JCPenney’s not the first retailer to sell its wares on the world’s largest social networking site. 1-800-Flowers started offering Facebook-based transactions last year and in August, Delta Airlines began letting users book tickets from its Page. Procter & Gamble also runs an e-commerce site on the network.
lundi 13 décembre 2010
Yum! Brands, Inc.
After spending two decades introducing fried chicken and pizza to Chinese consumers, Yum Brands Inc. now sees Africa as its next international jewel.
By 2014, the Louisville, Ky., restaurant-holding company expects to double its number of KFC outlets in Africa to 1,200. In the next four years, it aims to more than double its revenue on the continent to $2 billion.
"Africa wasn't even on our radar screen 10 years ago, but now we see it exploding with opportunity," says David Novak, Yum's chairman and chief executive officer.
By 2014, the Louisville, Ky., restaurant-holding company expects to double its number of KFC outlets in Africa to 1,200. In the next four years, it aims to more than double its revenue on the continent to $2 billion.
"Africa wasn't even on our radar screen 10 years ago, but now we see it exploding with opportunity," says David Novak, Yum's chairman and chief executive officer.
Festival du IPO cette semaine !
BG Medicine (BGMD), which markets a biomarker diagnostic test for heart failure and is developing others, plans to raise $67 million by offering 4.75 million shares at a price range of $13-$15. At the mid-point of the proposed range, BG Medicine will command a market value of $248 million. BG Medicine, which was founded in 2000, booked $1 million in sales over the last 12 months.
FleetCor Technologies (FLT), which is a leading provider of electronic payment cards to commercial fleets/oil companies, plans to raise $311 million by offering 12.7 million shares at a price range of $23-$26. At the mid-point of the proposed range, FleetCor Technologies will command a market value of $2 billion. FleetCor Technologies, which was founded in 1986, booked $425 million in sales over the last 12 months.
Fortegra Financial Corp. (FRF), which provides payment protection products and back-office services for insurers, plans to raise $116 million by offering 7.7 million shares at a price range of $14-$16. At the mid-point of the proposed range, Fortegra Financial Corp. will command a market value of $327 million. Fortegra Financial Corp., which was founded in 1981, booked $94 million in sales over the last 12 months.
Gain Capital Holdings (GCAP), which provides an online foreign exchange trading platform for retail customers, plans to raise $154 million by offering 11 million shares at a price range of $13-$15. At the mid-point of the proposed range, Gain Capital Holdings will command a market value of $562 million. Gain Capital Holdings, which was founded in 1999, booked $180 million in sales over the last 12 months.
iSoftStone Holdings (ISS), which is a leading China-based provider of outsourced IT services and solutions, plans to raise $130 million by offering 10.8 million ADSs at a price range of $11-$13. At the mid-point of the proposed range, iSoftStone Holdings will command a market value of $612 million. iSoftStone Holdings, which was founded in 2001, booked $180 million in sales over the last 12 months.
RigNet (RNET), which provides telecom services for remote offshore/onshore oil & gas rigs, plans to raise $75 million by offering 5 million shares at a price range of $14-$16. At the mid-point of the proposed range, RigNet will command a market value of $239 million. RigNet, which was founded in 2000, booked $84 million in sales over the last 12 months.
Swift Transportation Company (SWFT), the largest truckload carrier in North America with 12,300 company-owned tractors, plans to raise $943 million by offering 67.3 million shares at a price range of $13-$15. At the mid-point of the proposed range, Swift Transportation Company will command a market value of $1.8 billion. Swift Transportation Company, which was founded in 1966, booked $2.8 billion in sales over the last 12 months.
Walker & Dunlop (WD), which originates and services commercial real estate loans for GSEs and HUD, plans to raise $150 million by offering 10 million shares at a price range of $14-$16. At the mid-point of the proposed range, Walker & Dunlop will command a market value of $328 million. Walker & Dunlop, which was founded in 1937, booked $112 million in sales over the last 12 months.
QR Energy, LP (QRE), a partnership formed by the founders of Quantum Energy Partners to own oil and natural gas properties in North America, plans to raise $300 million by offering 15 million units at a price range of $19-$21. At the mid-point of the proposed range, QR Energy will command a total market capitalization of $715 million. In the nine months ended September 30, 2009, QR Energy generated $74 million in total revenue, $55 million in adjusted EBITDA and $23 million in operating income.
FleetCor Technologies (FLT), which is a leading provider of electronic payment cards to commercial fleets/oil companies, plans to raise $311 million by offering 12.7 million shares at a price range of $23-$26. At the mid-point of the proposed range, FleetCor Technologies will command a market value of $2 billion. FleetCor Technologies, which was founded in 1986, booked $425 million in sales over the last 12 months.
Fortegra Financial Corp. (FRF), which provides payment protection products and back-office services for insurers, plans to raise $116 million by offering 7.7 million shares at a price range of $14-$16. At the mid-point of the proposed range, Fortegra Financial Corp. will command a market value of $327 million. Fortegra Financial Corp., which was founded in 1981, booked $94 million in sales over the last 12 months.
Gain Capital Holdings (GCAP), which provides an online foreign exchange trading platform for retail customers, plans to raise $154 million by offering 11 million shares at a price range of $13-$15. At the mid-point of the proposed range, Gain Capital Holdings will command a market value of $562 million. Gain Capital Holdings, which was founded in 1999, booked $180 million in sales over the last 12 months.
iSoftStone Holdings (ISS), which is a leading China-based provider of outsourced IT services and solutions, plans to raise $130 million by offering 10.8 million ADSs at a price range of $11-$13. At the mid-point of the proposed range, iSoftStone Holdings will command a market value of $612 million. iSoftStone Holdings, which was founded in 2001, booked $180 million in sales over the last 12 months.
RigNet (RNET), which provides telecom services for remote offshore/onshore oil & gas rigs, plans to raise $75 million by offering 5 million shares at a price range of $14-$16. At the mid-point of the proposed range, RigNet will command a market value of $239 million. RigNet, which was founded in 2000, booked $84 million in sales over the last 12 months.
Swift Transportation Company (SWFT), the largest truckload carrier in North America with 12,300 company-owned tractors, plans to raise $943 million by offering 67.3 million shares at a price range of $13-$15. At the mid-point of the proposed range, Swift Transportation Company will command a market value of $1.8 billion. Swift Transportation Company, which was founded in 1966, booked $2.8 billion in sales over the last 12 months.
Walker & Dunlop (WD), which originates and services commercial real estate loans for GSEs and HUD, plans to raise $150 million by offering 10 million shares at a price range of $14-$16. At the mid-point of the proposed range, Walker & Dunlop will command a market value of $328 million. Walker & Dunlop, which was founded in 1937, booked $112 million in sales over the last 12 months.
QR Energy, LP (QRE), a partnership formed by the founders of Quantum Energy Partners to own oil and natural gas properties in North America, plans to raise $300 million by offering 15 million units at a price range of $19-$21. At the mid-point of the proposed range, QR Energy will command a total market capitalization of $715 million. In the nine months ended September 30, 2009, QR Energy generated $74 million in total revenue, $55 million in adjusted EBITDA and $23 million in operating income.
Information
Dates limites de négociation pour règlement en 2010 : Si vous souhaitez vendre un placement dans le but de réaliser un gain ou une perte en capital en 2010, veuillez noter que vous devez respecter les dates limites de négociation ci-dessous ;
Marchés canadiens : le vendredi 24 décembre 2010 à 13 h - Marchés américains : le mardi 28 décembre 2010 à 16 h
Round-the-clock trading
Shanghai plans to be Asia's top stock market by 2013 and launch 24-hour trading by the end of the decade as it works towards setting up an international board, state media said Monday. The Shanghai Stock Exchange aims to be "one of the most influential" bourses in the world by 2020, the Shanghai Securities News said, citing a long-term development plan for the stock market. Over the next three years, Shanghai will "vigorously promote the construction of the international board", which will allow foreign companies and overseas-registered Chinese firms to list shares.
No official timeline has been announced for the launch of the board.
"Round-the-clock trading is a dream for any stock exchange," Liu Xiaodong, deputy general manger of the Shanghai Stock Exchange, was quoted as saying in the China Daily at the weekend. "Based on our current technology, it is very likely that we will launch it within 10 years. We are devoting great efforts to achieve that goal."
Liu said the 24-hour trading service would help facilitate transactions on the country's planned international board, helping overseas traders overcome time differences.
No official timeline has been announced for the launch of the board.
"Round-the-clock trading is a dream for any stock exchange," Liu Xiaodong, deputy general manger of the Shanghai Stock Exchange, was quoted as saying in the China Daily at the weekend. "Based on our current technology, it is very likely that we will launch it within 10 years. We are devoting great efforts to achieve that goal."
Liu said the 24-hour trading service would help facilitate transactions on the country's planned international board, helping overseas traders overcome time differences.
dimanche 12 décembre 2010
Uranium
India and France signed crucial nuclear cooperation agreements during French president Nicolas Sarkozy’s visit to India, which has triggered the uranium prices up in the global market.Till now, China’s increasing appetite used to spur uranium prices in the global market with Beijing planning to set up more and more nuclear power plants. However, with France inking crucial pacts with India in nuclear energy sector, uranium prices are set to shoot up further.
Expectations of demand from India and Chinese nuclear reactors have also pushed uranium spot prices to recent highs and threatens to cause a supply deficit. China’s need for nuclear fuel to serve its growing energy requirements had heightened the potential for supply problems in the uranium industry.The Chinese bumped long-term forecasts for their nuclear build-out and although there is actually no physical demand it has totally changed the psychology. There has been a major movement in the spot price since September.The spot prices have gone up to above $60 a pound, which is certainly at least a 50 per cent rise in the last four months.When the weapons processing program finishes in 2013 there is just generally a shortage of uranium going forward.In the post-Cold War era, secondary sources of the metal, such as from decommissioning Russian nuclear weapons, became a significant supply for the energy industry.Just a few days ago, uranium futures touched $61 a pound, up from $40 last June. Uranium futures have surged almost 20% in the past month. The uptick in pricing is a direct result of several factors, the most obvious being China’s 12th Five-Year Plan (2011-2015), which gave nuclear energy development top priority.According to a report, the country currently has 11 nuclear reactors in operation with a generating capacity of 9.1 gigawatts (gW). In 2005, the plan was to increase nuclear power to 40 gW by 2020. The new plan doubles that goal for nuclear energy to 70 to 80 gW by 2020.The country has contracts with France’s Areva for 52 million pounds; with Canada’s Cameco for 48 million pounds, and with Kazakhstan’s state-owned nuclear power company for 63 million pounds by 2020.
Stressant
C'est une fin de semaine difficile et stressante pour les actionnaires de la compagnie The Great Atlantic & Pacific Tea/ GAP.nyse. La chaîne de super marché a annoncé quelle avait engagé une firme d'avocat spécialisée pour négocier le refinancement et trouver un moyen pour éviter la faillite. Vendredi à 13h24 la bourse de NY à tirer la "plug" et le titre a été mis sur "halt" à 0.93$ ....le stock perdait 67 % de sa valeur . Ce qui est spécial dans cette histoire c'est que cette compagnie existe depuis 1859 !
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