Chance auf mehrer 100% Gewinn??
Mon Sep 13, 2010 4:53pm GMT
http://af.reuters.com/article/idAFJOE68C0K020100913?sp=true
By ANDREA HOTTER
http://online.wsj.com/article/...280451413618.html?mod=fox_australian
By staff writers
15 Sep 2010
http://www.ekklesia.co.uk/node/13105
Published: September 8, 2010 13:07 | Last updated: September 8 2010 13:07
http://www.ft.com/cms/s/0/e709e888-bb38-11df-b3f4-00144feab49a.html
JAKARTA, Sept 8 (Reuters) - Commodity trading giant Glencore [GLEN.UL] has bought a $200 million stake in Indonesia's biggest coal miner PT Bumi Resources (BUMI.JK), the miner's biggest shareholder said on Wednesday.
PT Bakrie and Brothers (BNBR.JK), controlled by the Bakrie family and Bumi's biggest single shareholder with a 19.3 percent stake, said in its first half financial statement on Tuesday it had signed a share swap deal with Glencore on June 26.
Eddy Soeparno, Bakrie's financial director, told Reuters Glencore had already bought $200 million worth of Bumi stock since June.
"We have an option to buy back the stake from Glencore within two years," Soeparno said.
Dileep Srivastava, a director at Bumi, also confirmed Glencore had already bought into the firm in June, but declined to give the size of the stake.
According to Reuters calculations, and based on Bumi's average closing share price and the rupiah IDR= exchange rate between June 28 to June 30, the deal may mean Glencore owns about a 4.95 percent stake in Bumi.
Soeparno said Glencore -- a marketing agent for Bumi coal -- saw Bumi shares appreciating in the future.
Glencore was not immediately available for comment.
A source at Bakrie and Brothers who declined to be identified said the investment holding firm did not have enough cash to increase its stake in Bumi at the moment, but also saw potential upside for the miner's shares.
Bumi's stock has tumbled 29 percent so far this year, underperforming a Jakarta market .JKSE up 27 percent, because of concerns about corporate governance and high debt. Its forward PE ratio is 6.15, versus 10.36 for rival Adaro Energy (ADRO.JK).
Privately held Glencore, the world's biggest commodities trader, has become a global marketing agent outside Japan for PT Kaltim Prima Coal, Bumi's main coal mining unit.
Indonesia is the world's largest exporter of thermal coal, which is seeing growing demand from regional power stations.
(Reporting by Janeman Latul, Editing by Neil Chatterjee)
http://www.reuters.com/article/idUSSGE6870CB20100908
http://www.kitconet.com/charts/metals/base/t24_cp450x275.gif
Posted: Wednesday , 15 Sep 2010
http://www.mineweb.com/mineweb/view/mineweb/en/...tail&pid=102055
Copper has underperformed over the week, gaining only 0.16% as speculation that China may impose further measures to cool the property market tempered demand for the metal.
The People's Daily newspaper in China has reported that Chinese property developers are beginning to struggle with cashflow problems. This comes at the same time that speculation is mounting that China will enforce higher capital-adequacy ratios, which would tighten lending conditions in China. Goldman Sachs is estimating that capital-adequacy ratios in China could reach 15% by 2012. At the moment the largest Chinese banks must meet a capital ratio of 11.5%. Advancements in China's economy carries a huge weight in driving copper prices, as China is estimated to consume around 40% of the world's copper production. Copper, which is used extensively in wiring of homes and buildings, tends to move in line with developments in the property and industrial sectors.
The world's second largest consumer of copper is the US, but the growth outlook for the US remains soft, with industrial production declining to a meagre 0.2% this week while the US housing industry is still struggling to get back on firm footing. That means that investors have turned to emerging markets to take their cues for copper demand. Despite this week's underperformance, many analysts are still bullish on their outlook for copper, with the availability of large copper deposits dwindling and the costs of refining high-grade copper increasing. Investors seeking to take a position in copper should be mindful of the volatility in copper prices, particularly in the current environment where uncertainty is hampering any clear direction for the global economy.
http://www.marketmoves.com/category/...nt-16th-Sep-2010-201009160009/
Könnte ein gutes Zeichen sein!
Wie war noch die Meinung von Cormark über den Katanga-Deal im Januar 2009:
"For Glencore this might be one of the very best opportunities of all time,” said Justin Reid, a mining analyst at Cormark Securities in Toronto, who has a “perform” recommendation on Katanga. “They have been party to the negotiations with the government and they know what agreements have been reached.”
http://www.chinamining.org/News/2009-01-12/1231725696d20951.html
93. Katanga Mining Ltd. (TSE:KAT) +64.3%
http://www.nasd100.com/2010/09/...tocks-year-to-date-sep-21-2010.html
London Metal Exchange (LME) cobalt stocks have fallen almost 15% this month, reflecting an upturn in demand as heavy industry winds up for its traditionally busy end to the year.
On Thursday cobalt stocks in LME warehouses stood at 195 tonnes, their lowest level since early July and a fall of some 27% ...
...
www.metal-pages.com/news/story/49323/
"Cobalt stocks fell 8.7 percent to their lowest since the July 9. Stocks have fallen 27 percent from their mid-August record highs of 244 tonnes, reflecting the anticipated pick-up in demand for the last quarter."
...
http://www.thebulliondesk.com/news/...x?GUID=8810092309330843&V=0
Tradegate 15.000 0,935 € 0,955 € 15.000 2,14% 16:14:33
Realtime Kurs 24.09. 16:18 11.250 0,928 0,948 15.000
Xetra Realtime Kurs 0,806 2.500 0,021 +2,68% 24.09. 13:27 0 0,00 0,00 0 0,806 0,806 2.500
Berlin Realtime Kurs 0,842 0 0,002 +0,24% 24.09. 08:31 15.000 0,918 0,946 15.000 0,842 0,842 0
Realtime Kurs 0,904 700 0,07 +8,39% 24.09. 16:04 15.000 0,924 0,959 15.000 0,904 0,829 23.548