28/01/2011
Rambus - Possible TAKEOVER is underway..
- 1.3 billion in revenues booked over a 5 year period. this equates to approximately 260 million in revenues/yr , 65 million/qtr in revenues.
- Q1 revenues would be 65-66 million for the qtr. since expenses will be betwwen 56-61 million for the qtr.
- Rambus earnings per share will be around the 4-6 cent range.
- If Rambus gets everyone licensed and hits their 500 million a year revenues target for semis, Rambus will only earn approx 2 - 2.25 dollars a share. put a 15 to 20 multiple on that and Rambus' pps could be 30-40.
- Cash equivalents, and marketable securities were at $512 million, an increase of $27 million from the previous quarter and an increase of $52 million year over year.
- Lot of rumors that Rambus could be supplier of high techonolgy to Apple too.
All of this make me think , that Rambus is clearly a takeover candidate from now on........... The stock is cheap basead on the fundamentals..... Samsung, Nvidia, Intel, who knows.......
27/01/2011
Middle East’s oil rich economies
Some of the biggest customers of OPEC may continue to wallow in recession into 2010, most of them are in Europe, such as Portugal were the petrol companies Galp, Repsol, BP, Cepsa including the very unpopular government increase final consumer prices twice a week, sending this country into a ever deeper recession as demand for petrol will fall this year alone by 9%,on the other hand the oil-producing nations of the Persian Gulf are again luring foreign investment and looking for places to park their own wealth.
Crude prices that have stabilized above $87 a barrel mean the Middle East’s oil-rich economies are likely to pull out of the global financial crisis sooner than the rest of the world.
Crude oil traded at $85.44 a barrel on the New York Mercantile Exchange at 10:33 a.m. in
While that’s still less than half the record $147.27 a barrel reached last July 2008, savings built up during the boom from 2003 to 2010 are providing a cushion for most of the Gulf’s petroleum producers to get them through the worst recession since World War II.
If crude prices remain below $85 the demand will most likely stabilize and the Gulf oil states can resume expanding, with Saudi Arabia growing 2.9 percent and Kuwait 2.4 percent, however if prices go beyond $85 then world crude demand will fall 9% this year alone.
20/01/2011
China growth

Oil dropped as much as 3.2 percent after China said inflation was 4.6 percent in December and that the economy of the world’s biggest energy-consuming country grew 9.8 percent in the fourth quarter. Prices also declined after the Energy Department said that U.S. crude supplies rose for the first time in seven weeks.
Worries about what actions China will take to slow the economy are sending the market lower. Any Chinese move will lower demand growth.”
Crude oil for February delivery fell $2.19, or 2.4 percent, to $88.67 a barrel at 12:39 p.m. on the NY Mercantile Exchange. Futures dropped as much as $2.86 to $88, the biggest decline since Nov. 12. Oil is up 14 percent from a year ago.
February futures expire today. The more active March contract slipped $2.11, or 2.3 percent, to $89.70.
18/01/2011
CRUDE PRICES.

The prices are inflated on a weekly basis by the four companies present.Galp, BP, Repsol and Cepsa.
Galp Energy increased this week diesel by 3 cents (1,348), Regular 95
Octane by 2 cents (1,533)...per litre.
Cepsa increased this week diesel by 1.8 cents (1,329), Regular 95 Octane
by 1.7 cents (1,522)...per litre.
BP increased this week diesel by 1 cents (1,329), Regular 95 Octane by 0.4
cents (1,529)...per litre.
Repsol increased this week diesel by 2 cents (1,334), Regular 95 Octane
by 2 cents (1,529)...per litre.
With this weeks increase petrol has reached the most expensive price per litre ever in Portugal, passing the historic mark of July 2008, 1,525 eurosper litre...back then the crude price was $147 per barril not at todsaysprice of $91 per barril...
This type of price fixing is not allowed by EEC members but corruption is like a spiders web, reaches all governing bodies.
These prices are higher than the ones practiced in 2008, this and the defice of Portugal will sink even further the consumer spending, demand for petrol will have a decline in the first quarter of 2011 of 24%, according to chief analyst WorldWatch Portugal will enter a recession with possible social unrest caused by the increase in fuel, energy,medical care,education,unemployment (above 11%) and the reduction of public servants wages by 5%.
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WorldWatch Portugal office has informed than the cartel in the petrol price fixing practiced in one of Europe’s oldest economies continues!...