Bank Cukai Asia, eh Bank Central Asia, European Central Bank. Sejajar. WARNING: Cumi-cumi mengandung 1,170mg kolesterol per 10 gr, sedangkan daging ayam tanpa kulit hanya 50mg saja.
On Mon, Mar 9, 2009 at 7:25 AM, Boys n Girls <boysngi...@gmail.com> wrote: > Buffet kan di US > kalau saya sih lebih suka BBCA... (ini bukan bank.. tapi Kasir :D) > > mungkin satu-satunya bank di dunia yang pendapatan utama dari memungut > "komisi" dari uang yang numpang lewat > > ha.ha.. > > > > On Sun, Mar 8, 2009 at 11:55 PM, cendrawira <cendraw...@yahoo.com> wrote: > >> Hello mate >> >> You asked some good questions there. To give you an awareness of how this >> crisis started is because of over-leverage. From fleas, dogs, people to >> companies in US are borrowing multiple times of their equities as >> collateral. That is why overtime, companies are able to expand rapidly and >> generate massive profits and with people/society having too much money be >> able to push up share prices to epic ridiculous valuation. Thus everything >> is wayyy overvalued in 2007-2008. Even now at the current S&P level, company >> is just reasonably valued with sense with about 12-15x PER. Would you buy >> something that will give you break even in over 10 years? I personally would >> not do so. Imagine yourself buying business or investment that give you back >> your total return in 12-15 years? Bah. Correct. Stocks historically during >> the great depression is valued at 2-3x PER. Surprise? But of course the >> condition in 1928 is different from now. The world has advanced much in many >> terms(population, economically, standard of living, technology). People are >> much smarter now than last time and information from internet has >> dramatically shrank the world which give people edge in making timely >> decision or taking advantage. I do not make money by making a bet on the >> direction of the economy or hoping a screwed up company to overturn(This is >> extremely hard), but I love something that is really good, the best in it's >> industry, no problem with it's balance sheet, for discount sale in 20 years >> !! >> >> Investment Bank in US is practically dead for now, I do not dare to touch >> an investment bank especially with derivatives because it is a giant ponzi >> scheme, nobody will be there especially in this economic climate is able to >> absorb the writedown/losses. I shudder at the thought of banks with >> derivatives product, it is what cause US financial system meltdown and AIG, >> Citigroup, Lehman brothers to go BUST. Retail, Commercial Banking will be >> the face of new US financial system. My money is on Wells Fargo. Some people >> like BK (Bank of New York Mellon) and USB (Us Bancorp), but I always like >> the cream of the good, pick the best horse and run to the finish with it. >> >> Good luck ! >> Fandy Cendrawira >> >> --- On Sun, 3/8/09, >> anthonykalisa...@telstra.ap.blackberry.net<anthonykalisaran%40telstra.ap.blackberry.net>< >> anthonykalisa...@telstra.ap.blackberry.net<anthonykalisaran%40telstra.ap.blackberry.net>> >> wrote: >> >> From: >> anthonykalisa...@telstra.ap.blackberry.net<anthonykalisaran%40telstra.ap.blackberry.net>< >> anthonykalisa...@telstra.ap.blackberry.net<anthonykalisaran%40telstra.ap.blackberry.net> >> > >> Subject: Us bank yang akan survive >> To: cendraw...@yahoo.com <cendrawira%40yahoo.com> >> Date: Sunday, March 8, 2009, 5:46 PM >> >> Dear cendrawira >> >> Saya baru saja membaca tulisan anda mengenai perbankan (terutama >> citigroup) >> cukup bagus dan logis , tapi bukankah harga di pasar saham us sudah cukup >> efisien sehingga seharusnya harga skrg udah mencerminkan valuenya yg >> skarang? >> Cmiiw. Lalu mengenai bank yang akan survive dan bisa memberikan return yg >> besar >> yg seperti anda tulis tsb , apakah bank tsb memang mempunyai potensi >> begitu >> bagusnya dan portfolio yang lebih baik dari para peers nya? . >> >> Kalo boleh share bank 2 yang berpotensi seperti itu bank apa pak? Apakah >> investment bank( potensi leverage besar >> Sehingga bisa growth dengan luar biasa) ato bank2 konvensional yang >> mengandalkan business retail dan commercial , karena saya masih agak awam >> pak di >> bidang investasi , jadi mohon bantuannya. >> >> Trima kasih banyak pak >> >> Salam hangat >> Anthony >> Sent via BlackBerry® from Telstra Network >> >> > > > >
