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Twitter Updates for 2009-08-14
RT @mktbot From 10 Aug $CXN:ASX ConnXion Limited is $CXN:ASX ConnXion Ventures Limited http://is.gd/2gBot # RT @mktbot From 12 Aug $ETC:ASX Entertainment Media # RT @mktbot From 12 Aug $ETC:ASX Entertainment Media & Telecoms Corp.Ltd is $NBS:ASX Nexbis Limited http://is.gd/2gB5m # RT @mktbot As of 14 Aug $GLI:ASX GoldLink IncomePlus Limited is now $BIV:ASX Blue…
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Strategic Mergers and Acquisitions for Fast Growth Firms
I’m working on a “How To” series on Strategic Mergers and Acquisitions for Fast Growth Firms. It covers the tools, skills and processes needed by firms pursuing acquisitions as a tempting path to growth. This is an audio presentation accompanied by detailed notes, checklists and templates. Strategic Mergers and Acquisitions for Fast Growth Firms, Series…
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Sydney Roller Derby League
One of the world’s fastest-growing sports is making a comeback in the university gyms and school halls of inner-city Sydney. All-girl, flat-track roller derby revival is a punk, post-feminist, grrl power, contact sport with an emphasis on skill and safety. The competitors names reflect their on-track personalities like Miss Biff, Trippy Longstockings, Aprilla the Hun,…
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Telstra and the National Broadband Network
IF you believe mainstream media, Sol Trujillo is the most unpopular man in Australia and Telstra is the most unpopular company [full disclosure: I am the beneficiary of a Telstra shareholding]. I don’t think I’ve ever forgiven Telstra for its monopolistic behaviour back when it was Telecom and I didn’t have a choice of carriers.…
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Culture of Secrecy
How can companies still think what they do is top secret. Note I’m not talking about intelligence, research or military organizations here. I mean general competitive businesses in a competitive marketplace. How many of the projects we’ve been sworn to keep secret really needed or benefited from that? How many top secret projects failed to…
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Transparency in Basketball Adminsitration
One criticism I forgot to make in yesterday’s NBL Beyond a joke post was the absolute lack of transparency by basketball businesses, administrators, marketers and promoters. Fans of all types love talking about their favorite things. Basketball has been in crisis for a long time both in Australia and the USA. However the people at…
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NBL Basketball beyond a joke
Australia’s National Basketball League has become a joke. Now the Cairns Tiapans have gone into voluntary administration. They join the Brisbane Bullets, Singapore Slingers and Sydney Kings in bowing out of the NBL this year alone. The Sydney Spirit (formerly the West Sydney Razorbacks) remain only because the NBL could not afford to allow the…
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ASIC Lifts Ban on Covered Short Selling
From today covered short selling of non-financial stocks is allowed again on Australian stock markets. Obviously if you are a short seller you’ve known this for a week. What does it mean to us? The disclosure and reporting details are in this Market Advice. Australian Securities and Investments Commission – Requirements for disclosure and reporting…
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Calculate the Beta Coefficient of a stock
As part of the Corporate Finance subject of my MBA we have to calculate the beta coefficient (aka Beta) of a company’s share price. The is applied economics and market mathematics, but it simply is a number which indicates how closely (or not) a company’s share price moves in relation to a broader market (or…
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Porsche Fleece Hedge Funds for 12 Billion Euro in Volkswagen Sting
Porsche There is No Substitute! The background: In September 2005 Porsche bought 20% of its larger but less profitable German rival Volkswagen. In March 2007 Porsche bought another 19.9% (to 39.9%) and launched a takeover bid. In October 2007 the law preventing the takeover of Volkswagen was scrapped. On 20 October 2008 Volkswagen’s share price…