Eternal Technologies

Eternal Technologies

Operating in China and incorporated in Nevada, the company offers embryo-transfer services, large-scale improvement of livestock quality, and the development of agricultural and medical  products.

Concord Camera LENS

About LENS two weeks ago in a post briefly discussing my basic thesis on the stock.

Company

The company is aware of this, and is attempting to enter other markets via the manufacture and marketing of, for instance, personal security equipment .

Entrepreneur

I just don’t think it’s a very great product. And if you disagree, I don’t think these things would ever sell to more than the overly paranoid soccer mom market.

Value Investor

The company can manufacture all the new widgets it wants. None of this matters all that much because LENS is, to me, an asset play! horizon with the reduced burn.

Spot Investing Frauds, Scams, Ponzi Schemes, and Other Rip Offs

These are a few telltale signs of ripoffs and garbage that simply isn’t worth your time or money.

Short period of time

There is simply no method that yields huge returns which is not extraordinarily risky and leveraged.

Investment Advisor

A really simple way to spot something that might be shady is to check seller has registered with the SEC.

Success Stories

If an investment advice peddler is charging for services, be sure to get or ask for a track record.

Lack of a free trial

If someone is offering a “system” or regular newsletter for investing success.

Money back

I’m honestly a bit conflicted on this point, but here’s what I think. On one hand.

Check the BBB

The Better Business Bureau is a great resource for consumers .

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Petroleum Engineering – The Quest to Find and Recover more Oil

Petroleum is basically crude oil or fossil fuel, a naturally-occurring liquid that is found on certain geological formations underneath the earth’s surface. This crude oil is a result of thousands of years of organic dead organisms, often algae and zooplanktons that have been buried, heated and crushed under immense pressure underneath sedimentary rocks. Crude oil is referred to as ‘black gold’ as its value in our modern day world makes it a valuable commodity for any country that is rich in oil and has massive production of this very valuable liquid.

The truth is that crude oil is very important in this modern day era. In fact, petroleum is so valuable for the survival of any country that any oil crisis that leads to the ceasing of its delivery to non-petroleum producing countries can lead to a lot of product inflation. The very reason why product prices will surge up is because the low supply of petrol means that there will be increased demand over it leading to its price increase. Since many products get delivered by cargo ships, trucks, container vans, and other form of vehicles that uses petrol for engine propulsion, the high price in petrol means that product owners and distributors will have to make up for the high price of gas by increasing the prices of their good and commodities.

These days, almost everybody knows just how important petroleum is and how we cannot survive without it as of yet. Currently, oil-rich countries that are major players and producers of oil are slowly starting to deplete their wells and reservoirs. The world’s oil is slowly being depleted as our insatiable appetite for petrol has become even more intense.

Countries in the Middle East along with Canada are known to be the world’s top player in the oil industry. Government assigned and controlled petroleum companies try to seek other means to find and gather oil so that they can fully tap on the reserves that they have. Different technological advancements on how crude oil is mined and obtained have helped in maximizing its production. Many petroleum engineering companies Calgary has have become more adept in taking this challenge. Allocations of different teams concerning analysis, evaluation, assessment, drilling, recovery, and refinement of crude oil has advanced significantly as compared to the days when men were only starting to unravel the usefulness of crude oil.

The petroleum industry is a cutthroat market where different petrol companies try to outdo, outsmart, and beat their competition in their own game. Through the assistance of better and more qualified petroleum engineers along with more state-of-the-art oil drilling and recovery tools and equipment, any site or area identified to have rich oil reservoir can now be tapped to its full potential, avoiding any wastage and damage to the environment.

How to Evaluate a Home Builder

riverviewinnercityshowhomesHaving your very own home can be very rewarding as you do not have to worry about making expensive improvements that you will just leave behind like when you are renting.  When it comes to having a home, nothing beats having it built from the ground up because this gives you better control over the distribution or layout of the different areas of the home.  Of course, when having your dream home built, it is important that you hire the right home builder for the job.

There are many home builders all over the country and it is crucial that you properly evaluate the construction company that you will be hiring to build your home.  In the past, hiring a construction company meant that you will around town asking or perhaps scouring through the yellow pages.  These days though, things are more high tech because you can find home builders near you by searching the internet.  Some construction companies have their own websites and some simply have Facebook pages.  Either one will do as any of both will help you in properly evaluating a home builder.

Once you’ve located the website or Facebook page of a home builder in your neighborhood, try to assess the words and pictures within their websites.  Do not always trust testimonials on websites because many of such are just done by the website owners themselves.  Try to evaluate if these testimonials are real or just sugarcoated.  Check if these testimonials also have different dates.  If the dates are very close to each other, spanning only a few days, then they are most certainly not trustworthy.,

One of the important things to look for inside a website is the past projects that a home builder has done.  This is not always about showing off good homes, but more of allowing visitors to get glimpses of the projects you have been doing recently.  Laid-out floor plans also helps in assessing as this helps in giving you an idea on how you can distribute some areas around the home.  Other factors may include the home builder’s scanned images of their licenses and other important documentation the helps further prove their work and professionalism. These days is one of the most highly sought after home builders within Calgary.  If you want your home done with very satisfactory results, this is the construction crew that you should hire.

RIDING THE HOG

Riding the Hog

Harley-Davidson has been one of my favorite companies for several years now. A very “Buffett-esque” company, if you will, Harley-Davidson (HOG) earns consistently high returns on equity, sports very strong margins, reinvests a chunk of earnings profitably to drive growth, boasts a management that has achieved remarkable success over the past few decades, and, of course, enjoys a brand name and competitive position impossible to rival.

When evaluating a company, I always find it good practice to poke holes in its operations, prospects, management, etc. and give as much credence as possible to its competitors. It allows you to avoid getting too giddy about any company, and keeps expectations and risk factors in line with reality. In Harley’s case, this was a very difficult exercise. There’s simply not much to poke. And with around 49% of the heavyweight bike market, there’s no competitor nearly as dominant.

Some have expressed concern that Harley will suffer from shrinking profits as the baby boomer generation retires and stops buying Hogs en masse. That demographic has fueled growth for years, and it may be true that with its maturation comes Harley’s maturation. Indeed, 80% or so of the company’s revenues are still in the US, and the aging baby-boomer generation won’t drive profits domestically in the same way we’ve seen the past decades.

Nonetheless, the company is expanding successfully into new markets, and is seeing fast growth in Europe while also entering into China in the past few years, opening its first dealership in Beijing earlier in 2006. While a relatively small portion of Chinese middle-aged men (middle-aged men being the company’s most important demographic) have the discretionary income to go out an buy a Harley, the number is steadily growing, and if Harleys are successfully marketed to a burgeoning middle and upper class of Chinese, shareholders could see respectable growth for years to come.

Yet, what most people don’t know is that China’s motorcycle industry is already quite competitive, and the country is starting to see some of its own icons emerge. Harley has recognized the growing biker culture in China, and is flexing its muscle to capitalize on it. But call me pessimistic, this is going to be a tough sell. With the top 20% of Chinese only earning around $3700 annually, and given that the cheapest Harley will likely cost almost twice that in China (since the company is not manufacturing there), Harley’s share of any Chinese market is likely to be small (especially at first). But I believe their long-term strategy (which is not capital intensive and will focus on steady and sustainable growth) is sound and can yield dividends in the long-run.

So does that make the company a buy? Well, I virtually salivated over the share price when it hit around $45 about a year and a half ago. I felt, at that time, that the shares were worth at least $65-70. So I bought some near $50 and held for a while, only to sell out this year (stupidly, you might say) around $63. Why I did that is anybody’s guess.

What about the here and now? With shares trading around $70, is it still a bargain? Well that depends how you look at it. Even at $70, you’re getting a great company at a decent price. While it’ll be hard to trounce the market at these levels, steady growth prospects along with the plethora of aforementioned selling points should make for a comfortable and likely market-beating return over the long-run.

That said, I’d estimate the shares to be a bit more fairly valued on a DCF basis today than they were around 18 months ago. I estimate the shares are worth somewhere between $65 and $85, so those seeking huge bargains won’t find it here, but anyone looking for a first-class operation with a wide (and widening) moat should keep riding the HOG.

Behind the Sheetrock

Plenty of folks are calling it a bargain, and some are itching to keep buying, but to temper myself I took a more in depth look at the company to get a feel for what it’s worth.