Beiträge von gogh

Business Report vom 26.07.04

Market awaits results from rand-ravaged gold firms
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Johannesburg - Investors would scrutinise results this week from gold producers to gauge how far the strong rand had eaten into earnings, traders said on Friday.

"The results are going to be awful because of the rand," said a senior trader in Johannesburg.

Analysts believe more than half of South African gold mines are making losses as the rampant rand reduces export earnings.

Gold Fields kicks off the gold quarterly reporting season on Thursday and is expected to post headline earnings a share of 25.6c, a 47 percent dip from the first quarter, according to analysts.

AngloGold Ashanti is expected to post a 24 percent fall in adjusted headline earnings a share to R1.36 on Friday.

Traders said investors were wary of gold share valuations with many believing that gold stocks were still too expensive.

Anglo Platinum, which is due to report on Wednesday, last week said profits would be 30 to 35 percent higher than last year.

On Thursday Sappi may report a hike in third-quarter earnings as sales increase amid rising paper prices.

A Reuters survey produced a consensus forecast for headline earnings a share of $0.14 from $0.10 in the quarter to March.

The local bourse kept its head above water on Friday as institutions bought on the back of a weaker rand, with the all share index rising 0.75 percent to finish the week above the 10 000 mark.

Activity was strong from both local and overseas investors, said Mark Kalil at Andisa Securities.

The biggest gainers were rand-sensitive stocks. Harmony Gold firmed 2.4 percent to R64 while Anglo American added 2 percent to R125.50.

The biggest blue chip loser was Ispat Iscor, which recovered to close down 1.5 percent at R36.70. After reaching a wage agreement with two unions on Thursday, Iscor was awaiting a Solidarity decision on its offer.

Published on the web by Business Report on July 26, 2004.

SÜDAFRIKA

Schiedsrichter erschießt Fußballtrainer
===================================

Weil er sich von einem protestierenden Fußballtrainer bedroht fühlte, griff ein südafrikanischer Schiedsrichter zur Pistole und drückte ab. Der Trainer starb noch auf dem Fußballplatz.

SPIEGEL ONLINE vom 24.07.04

DDP
Gelbe Karte (hier gegen Carsten Ramelow): In Südafrika Ursache für tödlichen Streit

Dem Streit vorausgegangen war eine gelbe Karte, die der Unparteiische einem Spieler gezeigt hatte. Der Trainer der verwarnten Mannschaft war damit offenbar nicht einverstanden.

"Es gab einen heftigen Streit", berichtete eine Polizeisprecherin aus der östlichen Kap-Provinz. "Der Schiedsrichter wurde bedroht, als die andere Mannschaft sich ihm näherte, weil sie verärgert war".

Deshalb habe dieser eine Pistole gezogen und den Trainer der

Gastmannschaft erschossen.

Der Schiedsrichter machte sich danach aus dem Staub.

Die Polizei sei aber zuversichtlich, ihn bald festzunehmen, sagte die Polizeisprecherin.

Südafrika, das die Fußballweltmeisterschaft 2010 ausrichten soll, hat

eine der höchsten Mordraten weltweit. Auf 100.000 Einwohner kommen

etwa 47 Morde. Das sind acht Mal mehr als in den USA.

Probier es doch mal mit einem "symbolischen", also ganz kleinem

Betrag, mit einer GM-Aktie Deiner Wahl.

Bei einem ganz kleinen Betrag kannst Du eine scheinbar

waghalsige Wahl treffen. Dabei lernt man am meisten.


Gruss

gogh

die 500 werden vielleicht nocht nicht erreicht; aber

485 USD


Gruss

gogh

Jeder der das Greenfee bezahlt darf mitspielen.

Hoffentlich landen nicht zuviele im Bunker.

Handicap wird anerkannt!


Disclaimer: Satire


gogh

Danke Wahoo,

ist wirklich informativer sich so etwas von einem

Kunden erläutern zu lassen als "zu googeln".

Deine Wertungen teile ich nicht. Das liegt schlicht daran,

daß das was Du schreibst die "normale" Sicht der

Dinge ist.

Meine Lageeinschätzung ist dagegen "verrückt",


Gruss


gogh

Sasol sells 15 000 barrels in oil hedge
===============================

Johannesburg - Synthetic fuel firm Sasol had sold 15 000 barrels per day (bpd) forward to hedge its exposure to the oil price and stabilise cash flows, bringing hedging to 45 000 bpd for the 2004/05 year, it said yesterday.

Sasol said it did not expect to extend its oil hedging for the current financial year, which ends in June, and said its total hedging was at weighted average Brent crude oil price of $33.12 (R196.07).

Sasol said in May it had sold 30 000 bpd forward at a weighted average price of $31.85 to improve the stability of its cash flows.

Sasol's shares were little changed after the announcement, closing at R99.80 yesterday.

Published on the web by Business Report on July 21, 2004.
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Wahoo,

was ist Templeton-Growth?

(Außerhalb von GM hab ich keine Ahnung.)


Gruss


gogh

Sollte da ein Plan von der Putin-Nomenklatura verfolgt werden,

dann begreife ich den nicht.

Deshalb ist das Papier für mich Tabu.

[Blockierte Grafik: http://www.autogrammjaeger.com/klementine2.jpg]

Wieviel einfacher und klarer sind GM.


Gruss


gogh

Wollen die Kaffern aquirieren, heißt es jetzt oder lange nicht.

Bei dem starken Rand.

gogh

BUSINESS REPORT vom 23.07.04


Randgold may be in the hunt for Canada's Iamgold
==========================================

By Ben Harding

Johannesburg - Gold producer Randgold Resources said this week that it might consider a tie-up with Canadian gold miner Iamgold, but Gold Fields quashed rumours it was in the hunt.

Iamgold has been at the centre of bid speculation for weeks after its shareholders rejected a merger with Canadian gold miner Wheaton River Minerals. It is now battling to fend off a hostile bid from Gold Star Resources.

"It [Iamgold] is still assessing proposals, opportunities, offers," said Randgold chief executive Mark Bristow.

"That's something we've taken note of and in due course we will be able to share with people whether we have decided to pursue it or not."

Gold Fields, with which Toronto-based Iamgold has a partnership in the Tarkwa and Damang mines of Ghana, said it was not in the market for the mid-sized producer.

"We are not bidding for Iamgold. We have got bigger fish to fry," a Gold Fields spokesperson said.

Mining analysts see Randgold as the most likely African suitor for Iamgold, either through an acquisition or merger, with AngloGold Ashanti and Gold Fields' interest tempered by a hefty premium on Iamgold shares because of the bid activity.

Iamgold has minority interests in two AngloGold Ashanti operations in Mali - the Sadiola mine and the Yatela mine.

In March, Iamgold chief executive Joseph Conway said Randgold was a good fit as a possible merger partner.

Both companies operate in west Africa and Iamgold is keen to shed its non-operator status, which Randgold has.

"We're some 100km south of the Sadiola and Yatela projects [in Mali] where Iamgold is in a joint venture with AngloGold ... so I guess the market might see that as a geographic fit," Bristow said.

Bristow said he had talked with Conway six weeks ago. He said the firm would consider any merger or acquisition that offered value. "We had discussions going back some time, but clearly Iamgold decided to go and pursue Wheaton River."

Randgold, a 300 000 ounce-a-year producer, made a name for itself last year when it set off a David-and-Goliath bidding war against AngloGold, the world's second-largest gold miner, for African producer Ashanti Goldfields, which eventually went to AngloGold.

Randgold closed 34c up at R13.04 yesterday. The gold sector rose 0.01 percent.

Published on the web by Business Report on July 23, 2004.
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Fällt mir nur so bei der Vokabel "Arbeitlos. II" ein.

Vor gut 10 Jahren traf ich jemand aus der ehemaligen DDR,

der sich ins Rheinland verlaufen hatte.

Der sprach ständig von "Kurzarbeit Null".

Er meinte damit "arbeitslos".


Sind das Ordinal- oder Kardinalzahlen.

Die Franzosen sagen "Napoleon premier"

aber "Ludwig sechszehn".


gogh

Schröder will weitermachen

Von Marokko bis Indonesien läuft Gefahr, wer

US_Bürger ist oder so ähnlich aussieht..

Schlecht für Handel und Wandel.

Die USA haben die Option "Splendid Isolation".

Aber die Anrhainer müssen dort weiterleben.

Hier eine Reaktion der überwiegend "christlichen"

Philipinen.

Genüßlich verbreitet von Xinhua.

Quelle:
XINHUA (Staatliche Nachrichtenagentur Rot-China) vom 23.07.2004


Arroyo: Islamic countries of growing importance to Philippines
=================================================

http://www.chinaview.cn 2004-07-23 20:07:00

MANILA, July 23 (Xinhuanet) -- Philippine President Gloria Macapagal-

Arroyo said Friday that Islamic countries are of growing importance to the

Philippines after their participation in the release of Filipino truck driver

Angelo de la Cruz.

"The international Islamic community would become more and more
=========================================================

important to the Philippines. We saw that in this last crisis,"
=================================================

Arroyo said during the Department of Foreign Affairs' 106th anniversary rites.

She recognized the help given by Syria, the United Arab Emirates, and Bahrain in securing De la Cruz's release from Iraqi militants who threatened to behead him unless the Philippines pulled out its humanitarian contingent from Iraq.

De la Cruz was released after the Philippines pulled out its troops, which was criticized by the United States, the country's principal ally and former colonial master.

Arroyo also said China, Japan and the United States have a determining influence in the security situation -- and economic evolution -- of East Asia.

She mentioned the growing significance of members of the Association of Southeast Asian Nations and other multilateral and inter-regional organizations like the United Nations, the World Trade Organization, and the Asia-Pacific Economic Cooperation.

Arroyo denied a break in the country's relationship with the United States due to the government's capitulation to the hostage-takers' demands.

But while she enjoys "cordial and direct relations" with the Bush administration, Arroyo said the interest of the Filipino people should always come first.

"I want to emphasize that our Philippine foreign policy has notchanged. It is shaped. It has been shaped. It will be shaped and driven by the supreme interest of the Filipino people," she said.

Arroyo stressed the commitment of the Philippines "does not waver in the face of terrorism at home or abroad." In fact, she said, her government supports the world community and its allies, including the Untied States, in this fight.

"We share the same goal but do not always walk on the same path," she said.

Both the United States and the Philippines are now reevaluating the relations between the two countries as US Ambassador to ManilaFrancis Ricciardone left for Washington on Thursday, apparently tostay away from the State of the Nation Address Arroyo will make tothe congress on Monday. Enditem

Ulfur,

genau das sagt er.

Kenne den garnicht. Frage mich aber:

Kann einer allein so begrenzt sein. Oder wird ihm geholfen?

gogh

der paßt zu W+O.

Stellt sich vor einen Schneemann (Hartz) und

vergleicht ihn mit den Ägyptischen Pyramiden (Gold).


Wer´s mag.

Nochmal was aus dem Squeeze Out - Erlös genommen.

Wer hat Angst vorm Schwarzen Mann?

Gekauft: Western Areas und Aflease


gogh

CARSON CITY, NV, July 22

Nevada gold mine gets conditional power plant OK
==========================================

One of the world's largest gold-mining companies has received a conditional permit from state regulators for a 118-megawatt natural gas power plant to supply power to its mine near Carlin, Nevada.

The permit to Barrick Goldstrike Mines was issued by the state Public Utilities Commission, which earlier this year approved Barrick's application to leave the Sierra Pacific Power system and provide its own power.

The commission granted preliminary approval after determining that Barrick's project enhances electric utility reliability and serves the public interest.

by The Associated Press
=====================

[Blockierte Grafik: http://www.die-koelner.de/tourismus/images/69.jpg]


Er hat die technischen Analysen gelesen,

Damit läßt sich in der Tat leben.


gogh

keine Ahnung, ob das der Boden ist.


Hab´mir aber noch ein paar QRL gekauft.


Mir leuchtet ein, was QRL so treibt und wie

sie es treiben.


gogh

hatte mir auch den Thread des Börsensurfers rausgesucht.

Dann aber nicht gepostet. Nach dem ostpreußischen

Heimatspruch "getretener Quark wird breit; nicht stark".


Jetzt schreibt der geschätzte btrend:

"Ich finde seine Einschätzung plausibel".


Dabei fiel mir ein, daß ich beim Surfen in einem Austral-Board

eine fast identische Prognose mit exakt derselben Begründung

gelesen hatte.


"Plausibel " meint, "wir verwenden alle den gleichen Meßstab".

Und das bewirkt "viele Hund sind des Hasen Tod".


Damit das nicht so sybillinisch bleibt. Richten sich viele danach,

wird es auch geschehen.

Amen!

gogh

BUSINESS REPORT vom 22.07.04

Gold Fields set to weather the storms created by the strengthening currency

By Nicky Smith

Johannesburg - "Gold Fields will be the last man standing in the South African gold mining sector because of the quality of its ore bodies," Willie Jacobsz, the head of corporate affairs at the world's fourth-largest gold mining company, said yesterday.

The company had already started implementing measures to position it to operate profitably at the current rand gold price, which is hovering at about R77 000 a kilogram.

Previously, the company was costed to a gold price of about R85 000 a kilogram.

Jacobsz said in the very worst case scenario the company could most likely operate at R60 000 a kilogram. This would be "traumatic, but we could do it. Last year we came to the conclusion the rand would be stronger for longer," he said, adding that for the past nine months the company had moved activity to higher-grade areas.

Gold companies start reporting quarterly results next week and, according to the Chamber of Mines, almost 60 percent of local gold mines are now operating at a loss.

Harmony Gold and Durban Roodepoort Deep are expected to be the

hardest hit by the stronger rand and lower rand gold price as their mines

are more expensive to operate.

Jacobsz said what set Gold Fields apart was its flexibility in being able to select where it could mine.

He said what the company planned to mine in 24 months' time, it was ready to mine today.

An analyst, who spoke anonymously, said Gold Fields had reacted too slowly to the rand's strengthening.

But the analyst explained there was a difference between knowing what you would mine in 24 months and having 24 months of face-length available.

"Knowing what you're going to mine in two years doesn't mean you can mine it tomorrow - the interpretation is a bit on the bullish side."

The analyst did not think Gold Fields' ore bodies were of a higher quality than AngloGold Ashanti's, and described Gold Fields' reaction time to a stronger rand scenario as too slow.

"I would question that they are the most flexible; they have been slower to react. AngloGold has lower costs."

Gold Fields' average cash production costs are about R68 000 a kilogram, while Anglogold Ashanti's stand at an estimated R64 000.

Jacobsz explained the programme to manoeuvre the company into a more robust position started about five years ago.

This was not, strictly speaking, mining higher grades, with its concomitant effect of lowering the average grade of the life of mine.

Gold Fields closed up R2 at R57.50 a share on the JSE Securities Exchange. The gold sector was up 4 percent yesterday.

Published on the web by Business Report on July 22, 2004.
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