Thursday, January 27, 2011

northland resources? iron ore!

folks, there was the next investor lunch event @ käfer in munich yesterday. well, almost my whole family used 2 work at steel factory in kosice / eastern slovakia (me as well for few weeks as student 20+ years ago! i was the 'never sleeps' hot iron 'weighter' behind the railway scale in overnight shifts in my fathers smelting furnace department ~ its right after the fresh iron comes out of the oven => hot like hell!), thus iron ore, iron + steel often have been discussed at family table. although the factory is owned by u.s. steel now and only my younger brother still works there, my interest for steel business is still alive, u know? of course, ive welcomed the chance 2 attend the presentation (dont worry if u havent been there, the chairman anders hvide repeats the most important issues in the short video @ northland's website (news from january 26, 2011) ... well, im too tired now and a little bit sick on top, so lets just notice few issues before ill forget them 4ever :-):
  • iron ore exploration in sweden + finland
  • high quality + high content iron ore (69% Fe) => high premium above average iron ore price expected
  • start of production of the swedish mine in 2013, mine life 19 years, capex repaid in 4-5 years (or sooner?)
  • shipping via port narvik/norway 2 europe & china
  • well financed up to start of production => no additional financing and/or share dilution needed
  • same investment procedure as always: lets buy few shares + apply 4 companys newsletter + follow the developments + decide later whether 2 increase the initial investment or not. btw, my pilot buy few weeks ago (#jarobuys @ invitation in order 2 avoid the road show premium :D) is still slightly positive despite the sooooo weak general market for resource companies, thats a good sign, isnt it?
any risks out there? yes, of course, every explorer company is somehow risky ... lets mention just the imho most important one: the price of iron ore from 2013 on :-)

how does my iron ore division look like now?
  • vale
  • rio tinto
  • bhp billiton
  • cardero resources
  • alderon resources
  • cuervo resources
  • sherwin iron
  • matsa resources
  • globex mining
  • xstrata
  • talon metals
  • northland resources ~ welcome on board, my dear iron play!
go iron go! :o)
  • #jarobuys carpathian gold. why? these euroscandic / fortuna guys who present all that resource companies in munich believe its a fair priced opportunity, so lets give it a try as well :-). well, there is not a single loser in my portfolio out of their recommendations i think (and there are already approx 10-15 'euroscandic' companies out there! its fine if you have s.o. who pre-selects the really promising companies 4u, u see? btw, whats the story behind carpathian? very very simple! mr. market prices only their brazilian operations, their huuuuge romanian property isnt regarded at all! what if the political/environmental/etc issues work out well 4 carpathian in romania? that will be a many-bagger then, isnt it? carpathian gold 4 carpathian german like me? that sounds great, my dear!

Tuesday, January 25, 2011

siemens? green sustainability => green profitability!

next year is over, my AGM season started 2day!
employees childrens competition ~ life in the future

folks, theres everything fine @ siemens, u know? the best $$ year ever in their 160 years history (€ 4.1 b net profit), dividend increased by +70% which represents 40% pay-off 4 the owners and is going to be between 30-50% from net profits in the years ahead, €28 b sales in green technologies which is 1/3 of all sales and is going to be €40 b soon, profitable growth in all companys divisions, even the number of employees increased (more than 400,000 world wide) and the food was fine as well ;-)

great speech by the austrian CEO peter löscher, green green greener, current ecological footprint of homo sapiens is 1.3 of which means we use 30% more natural resources as our poor planet earth re-produces in a year which is saaaad ;-( ... i had the impression that 4 siemens is the ecology more important than the growth&economy which is fine cos we have only this one planet, so shoudda not destroy it, u see?  ... of course is siemens going 2 provide technologies for resources-saving solutions esp for mega cities (water, electric power, light, transportation, medicals, facility mngmt, etc). what do u mean, gonna tell them that nuclear power plants arent sustainable next year?
electric car

wanna see few more pics? well, pls move 2 picasa ...

btw, u still remember the last years event?

Sunday, January 16, 2011

skiing with my youngest daughter @ zugspitze

folks, there was no sleeping till lunch this weekend ~ my youngest daughter forced me to teach her skiing .... well, her 1 week ski class at school will begin soon, so lets improve her abilities as much as possible :-)

well, we had a great time and great weather @ zugspitze, germany's highest mountain, 2962 metres above the sea, ...
go, coni, go!
bavarian roof feeling
good-bye skiing, hello moon!

wanna see few more pics? thats easy, just move 2 my picasa album :-)

btw, what abt my sleeping deficits? who cares on a day like that?

Sunday, January 9, 2011

kosice, slovakia

folks, i had a great great time in my birth city kosice in slovakia! visited family and most of my remaining friends there .... of course, im mostly staying in touch only with folks i regularly meet in the internet (viva facebook!) ... there is soooo much to say ... a picture tells more than 1,000 words, isnt it? lets try it out, lets move 2 picasa for more than 48,000 words of explanation :-)