Tuesday, October 30, 2012

Urban Sprawl in China... Pictures


Just had a friend in China, shared some pictures taken from the window of the bullet train from Beijing to Shanghai.  He said these real estate projects were far outside the city and in the middle of nowhere. Quite interesting to see.  Here's a the train route mapped out in Google maps if your interested. Google Maps
CLICK TO ENLARGE PICTURES:

Friday, October 12, 2012

The Bear Case against Philip Falcone, Harbinger Group Inc, and Spectrum Brands

The Bear Case against Philip Falcone, Harbinger Group Inc, and Spectrum Brands 


Three Parts:

1.       Philip Falcone

2.      Harbinger Group Inc (NYSE:HRG)                             
Last                        9.71
Mkt cap                1.36B    
P/E                           -
52 week               2.75 - 10.85

3.      Spectrum Brands Holdings, Inc.(NYSE:SPB)
Last                        47.50
Mkt cap                2.44B
P/E                         275.99
52 week               23.04 - 48.22

Part 1:  Philip Falcone