Cramer: I'm Buying ...
posted by Cohen on 1 months ago
I agree with James, its hard to do really thorough research on a lot of Asian companies
because of the lack of transparency. For that reason, I pretty much limit myself to Asian
companies that have ADRs. If the company can meet the criteria to be listed on the NYSE,
there's usually enough information out there to do good research.
posted by Jeffrey owns SuckingLess.com on 1 months ago
Actually, I agree with Faber that Singapore is a great place to invest. Tim Strazzini and
Guy Adami on CNBC's Fast Money also thinks Singapore ETF is one of the better Asian plays
on an emerging market's pullback. I have the recap on my website if you want to see what
they wrote. If you look into the Singapore ETF, ticker EWS, it's not so much about the
individual companies as it is about Singapore and the Asian economy in general. It
wouldn't be too hard to keep up with the daily news about the Asian market on Bloomberg
and WSJ. Also, many of these Asian companies do have websites and list their stock
information.
For instance, I own Melco MPB (MPEL). While MPEL just came public in America, going to
it's Hong Kong website that is in English and checking its Hong Kong ticker in yahoo:
0200.HK gives more news and information than simply using Yahoo for research. Yes, it's
harder to find information, but it is possible for the relatively larger companies.
Another example is Luxottica (LUX) that I own. Going to its Milan symbol is much more
informative with more news and analysts ratings: LUX.MI. Just have to be a little
creative in how you fish out the information, that's all.
posted by James J. McBuffett on 1 months ago
Investing in such stocks is great, if you are a professional with millions of dollars of
research assets that you can unleash investigating the financials of these companies. It
is very difficult to do independent research, especially in those countries that doesn't
have transparency to the extent of most European and American markets. In my opinion, due
diligence is impossible.
posted by BamBam on 1 months ago
I was looking at the recommendations of Marc Faber in the Barron's summary.
I enjoy Faber's work, but I find that he picks obscure Asian stocks that are difficult for
me to research. Looking at his portfolio, you can see there's not much info on any of his
picks.
http://www.stockpickr.com/members/port/Barron-s-Roundtable-Marc-Faber/
Are there data sources that provide more detailed information on Asian stocks than, say
Yahoo Finance or Google Finance? I'll probably sign-up for Faber's GloomBoomDoom report,
but I need better sources of raw data on Asian stocks in order to do my own due diligence.
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