Misslyckad oljespeck
Ett kinesiskt bolag (China Aviation Oil, supplies one third of China's total jet fuel needs and has a monopoly on such imports into the mainland) har spekulerat i olja och förlorat 550 miljoner dollar. Det är den största förlusten sedan Nick Leeson sänkte Barings bank. De trodde oljepriset skulle sjunka i oktober, istället steg det.
"Derivatives allow an investor to take what can be a highly leveraged position in an underlying security or asset, based on its likely price in the future. If the market behaves as expected, the returns can be spectacular, as can be the losses if it does not."
China oil firm runs up huge loss
Det som är mest intressant kanske är att detta slog mot andra kinesiska börsbolag också - "Most Chinese-listed stocks were taking a beating as investors bailed out on worries about their corporate governance, dealers said.
"It's really shocking... It reflects weak corporate governance and will hit sentiment in other Chinese stocks," a local research analyst said.
Several Chinese stocks were among the top 40 losers on the local exchange.
Among them were China Petrotech, which fell three Singapore cents or 6.2% to 45.5 Singapore cents, and Hongguo International, which lost one Singapore cent or 4.5% to 21 Singapore cents"
#1
"....it is only the middle of the month and there is still time to make up losses before year's end."
ja, det var väl den filosofin som ledde till leesons fall?
Inlägget är redigerat av författaren.
vad betyder ordet "equities"?
Sammanhanget: "Gulf Arab investors are pouring liquidity from soaring oil prices into equities, with at least a dozen initial public offerings and rights issues ready to hit the region's market shortly, experts say. "
Det handlar om börsintroduktioner, främst.
Gulf's oil cash pouring into stocks
De investerar hemma och det strömmar in pengar på deras börser: ""The current economic optimism and strong performance of the Arab stock markets ... has boosted investor confidence in the domestic stock market and increased their appetite for listed shares, including new issues," she said.
De är helt enkelt rädda för den amerikanska marknaden, av olika skäl, dels att deras pengar ska bli infrysta, och dels av rädsla för terrordåd: "However, post-September 11 fears still persist and Gulf investors now prefer to invest at home rather than in the US," Bu Hulaiga added. "
"There is this sentiment, not only in the Gulf but across the Arab world, about investing in domestic markets. Investors fear their money could at any time be frozen in the US or some other market," he said."
Inlägget är redigerat av författaren.
#4
:-) tack, långis
#2 Jag är tydligen i gott - eller åtmistone f d förmöget - sällskap. Men mina wurrar förfaller inte förrän om FEM månader ;-) Och så satsade jag alltså på uppgång.....
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Ogilla! 4
Gilla!
En del olje-speckande hedge fonder som fått smisk i november pga olje-prisets snabba nedgång från $55.