2011年3月28日 星期一

舒果餐廳,賞心悅目的蔬果大餐

上周四(3/24)中午在舒果吃了一頓美好的蔬果大餐
美味、健康、完全不油膩、賞心悅目
價廉,套餐一客才400多元

王品集團搞特色餐廳的確有一套
http://www.sufood.com.tw/about.htm

2011年3月25日 星期五

二代健保補充保險費

From: Frank Chen
發表於 2011-3-24 22:54

請問一下新二代健保的補充保險費
對於以賺股息為主的投資方式會有多大的衝擊 ?
有任何因應之道嗎 ?


From: woody
發表於 2011-3-25 14:45

政府要你繳股利2%來「資助」健保
也就是說,假設你一年股利有100萬
拿2萬元給健保幫助病人
還有98萬可以運用
雖然被削了一層皮
不過當作做善事就不會心痛了
想一想參加除權息比殺進殺出賺價差好多了 !


From: mikeon
發表於 2011-3-25 16:29

若殖利率是6%
股利的2%來繳健保稅
將多出0.12%(=6%x2%)的成本
跟手續費0.1425%相當

為了避健保稅,
在除權息前先賣一趟再補回,
交易成本反而較高,達0.585% (=手續費0.1425% x2 +交易稅0.3% )

2011年3月16日 星期三

美股篩選軟體 CNBC Stock Screener

寄件人: Stephen
當地時間: 2011年3月17日(星期四) 下午1時07分

http://www.cnbc.com/id/15839076/site/14081545/

ROE 大於30%有634家
大於五億美元的公司到第22頁大約330家
看來有的選了
大咖通通上榜麥當勞、香菸、3M、IBM、蘋果、百事、UPS...

感覺好像是在鑽石堆裡找最高等級的鑽石~

轉投資帳面價值

From: 路人甲在Facebook上問

請問以下兩個問題:
1.長期投資裡的轉投資帳面價值如何查證,
以錩新(2415)為例,轉投資公司有一家『開曼錩新科技』帳面價值高達14億。

2.有些公司無登記土地資產,但卻在『資產負債表』登記有土地成本...


From: 陳新元

轉投資的帳面價值 一開始都是以 原始成立時的「匯入資金」作為其帳面價值,
「開曼錩新科技」很可能只是紙上公司 會設在開曼是為了避稅 ,
後續帳面價值的評價 就要從『開曼錩新科技』的再轉投資公司查起


From: 陳新元

我看了一下 錩新(2415)99年第三季財報 附表二
「開曼錩新科技」的子公司有 四家
1.錩新科技(越南)股份有限公司、
2.錩新越南控股股份有限公司、
3.錩新開發有限公司、
4.FORTUNE SECURITIES

CORPORATION 全是採權益法認列投資損益
並且再看註二、註三就可發現
1.錩新科技(越南)股份有限公司、
2.錩新越南控股股份有限公司、
3.錩新開發有限公司 這三家公司的財報是有經過會計師(可能是當地或台灣)核閱
而4.FORTUNE SECURITIES ⋯⋯則未經會計師核閱


From: mikeon

感謝新元桑指導
新元桑是準會計師

同學討論區搬家嘍 !

由於Google論壇容易塞車
發文屢傳不上
特將同學討論區搬到 Discuz! 來

http://mikeon88.freebbs.tw/forumdisplay.php?fid=52

歡迎同學註冊,首次發言經確認為「同學」後,即可直接發言
不願註冊者,請寫依媚兒給我 mikeon@ms18.hinet.net,代為轉貼

恕不接受路人甲留言
不用擔心會因看法不同而被刪除留言

同學若遭禁止發言,有兩種可能 :
1. 被當成路人甲,誤禁了
2. 涉及人身攻擊,開除了

解決之道 :
1. 寫依媚兒向我申訴
2. 拿掉不當言詞

涉及人身攻擊情節重大者,將予以開除
中止其在本班一切權利


感謝袁辰宇桑推薦 Discuz!,周淑惠桑與慕凡桑指導,宥聰桑協助試用。

2011年3月14日 星期一

巴菲特用一股135美元買下 LZ

巴菲特用一股135美元買下 LZ
135美元的預期報酬率大約是 15%
我越來越懷疑有人把盈再表寄給巴菲特了


















「陸比瑞榮公司Lubrizol Corp. 集中於工業及運輸高度表現之化學製品、系統和服務的全球性流體技術公司。其公司集團發展、製造和販賣附加套裝軟體以及使用於運輸及工業完成潤滑油的相關產品。陸比瑞榮公司集團將產品線集合到兩個操作部門:運輸的化學藥品部門以及工業用化學藥品部門。」...Quote123

http://www.cnbc.com/id/42068141

Warren Buffett Hits His Mark with $9 Billion Deal for Lubrizol
Published: Monday, 14 Mar 2011 7:33 AM ET Text Size By: Alex Crippen
Executive Producer

Warren Buffett may have let a 'zebra' get away in recent weeks, but today he hit his target.

While it may not be an 'elephant' on the scale of Burlington Northern Santa Fe, it is still one of Berkshire Hathaway's "largest acquisitions in years."

Berkshire says in a news release this morning that it is buying Lubrizol for about $9 billion in cash, plus the assumption of another $700 million in debt.
That's $135 a share for the chemicals company, a 28 percent premium over Friday's closing price of $105.44.

In pre-market trading this morning, Lubrizol shares are up 27 percent to $134, just below the deal price.

Current price: [LZ 105.44 0.37 (+0.35%) ]

In the release, Buffett's focus on strong management is highlighted with this quote attributed to him:

"Lubrizol is exactly the sort of company with which we love to partner – the global leader in several market applications run by a talented CEO, James Hambrick. Our only instruction to James – just keep doing for us what you have done so successfully for your shareholders.”

As pointed out in David Faber's blog this morning, "The company fits the typical profile favored by Warren Buffett in his purchases. It has fairly predictable cash flows and a high return on equity. The purchase price represents roughly 7.6 times Lubrizol's (cash flow.)

2011年3月9日 星期三

老巴:我不承襲別人的明牌

巴菲特澄清4Q10出清BoA、Nike、雀巢,
純粹是因經理人Lou Simpson退休,
不是老巴未看好這些公司

http://www.cnbc.com/id/41868643

Buffett Says Don't Draw Conclusions From Sales: "I Never Inherit My Investment Decision"
Published: Wednesday, 2 Mar 2011 1:23 PM ET Text Size By: Alex Crippen
Executive Producer
-------------------------------------------------------------

Warren Buffett says investors would be wrong to think Berkshire Hathaway's elimination of eight stocks from its portfolio means he's negative on the companies that were sold.

Last month, Berkshire's portfolio filing with the SEC showed that eight positions were liquidated in last year's fourth quarter, including Bank of America [BAC 14.59 -0.10 (-0.68%) ] and Nike [NKE 88.95 -0.24 (-0.27%) ].

At the time, we guessed that Berkshire was cleaning out the positions that had been created by Lou Simpson, who retired at the end of 2010.

On today's live Squawk Box appearance, Buffett confirmed that he and Simpson had jointly decided to liquidate the GEICO stockpicker's portfolio.

"I never inherit my investment decision from somebody else. If Charlie Munger made me a gift of 100 shares of some stock, I would sell it then — and then —I would then decide whether I wanted to buy it again myself. But I do not believe in default-type decisions on investments. So When Lou left, his portfolio left. When a new man comes in, his portfolio comes in."

That new man is Todd Combs. Buffett says Combs "is going to be responsible for his decisions — just as Lou was when he was (at Berkshire subsidiary GEICO.) And I want it to be Todd's portfolio."


參閱:4Q10巴菲特出清BoA、Nike、雀巢

2011年3月7日 星期一

金融風暴比離婚還可怕

2010年波克夏年報看完了,
印象最深的是老巴的冷笑話

「As one investor said in 2009: “This is worse than divorce.
I’ve lost half my net worth – and I still have my wife."」

金融風暴比離婚還可怕,
讓我失去了一半的財產,
而老婆仍在。

2011年3月1日 星期二

Growing Taiwan’s Banks

From: mikeon
Sent: Tuesday, March 01, 2011 5:00 PM

Dear 同學 桑:

James桑是我的好友,
曾任Bloomberg台北分公司主管(bureau chief)

COVER STORY
http://www.amcham.com.tw
American Chamber of Commerce In Taipei

Growing Taiwan’s Banks
BY JAMES PENG

Too many and too small, the domestic banks find themselves in the most competitive and least profitable market in Asia. Yet the consolidation effort to create fewer but stronger banks appears to have stalled in the face of labor opposition and sensitivity about any favoritism to large private conglomerates. Without renewed consolidation, however, starting with state-owned holdings, many experts consider that Taiwan will be unable to develop a robust banking system commensurate with its success in the tech sector.
...... http://www.amcham.com.tw/content/blogcategory/274/480/