Michael Fritzell (Asian Century Stocks)
RT @DaBao_: @ClarkSquareCap 2377 MSI. the annual shipment for PC is 280M and MSI only contributed 2.5M. still plenty of white space and PC gaming hardware is growing long-term
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RT @DaBao_: @ClarkSquareCap 2377 MSI. the annual shipment for PC is 280M and MSI only contributed 2.5M. still plenty of white space and PC gaming hardware is growing long-term
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Michael Fritzell (Asian Century Stocks)
RT @DaBao_: https://t.co/w4DZfHC6Fn
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RT @DaBao_: https://t.co/w4DZfHC6Fn
@bauhiniacapital love me some E Ink 8069. a monopoly on e-ink! tweet
Michael Fritzell (Asian Century Stocks)
DaBao is a very talented investor. You've got to follow him #FF
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DaBao is a very talented investor. You've got to follow him #FF
@ClarkSquareCap 2377 MSI. the annual shipment for PC is 280M and MSI only contributed 2.5M. still plenty of white space and PC gaming hardware is growing long-term tweet
X (formerly Twitter)
DaBao (@DaBao_) on X
@ClarkSquareCap 2377 MSI. the annual shipment for PC is 280M and MSI only contributed 2.5M. still plenty of white space and PC gaming hardware is growing long-term
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God of Prompt
RT @godofprompt: RIP "act as an expert" and basic prompting.
A former OpenAI engineer just exposed "Prompt Contract" - the internal technique that makes LLMs actually obey you.
Works on ChatGPT, Claude, Gemini, everything.
Here's how to use it right now: https://t.co/6ZDCFs5JvK
tweet
RT @godofprompt: RIP "act as an expert" and basic prompting.
A former OpenAI engineer just exposed "Prompt Contract" - the internal technique that makes LLMs actually obey you.
Works on ChatGPT, Claude, Gemini, everything.
Here's how to use it right now: https://t.co/6ZDCFs5JvK
tweet
Michael Fritzell (Asian Century Stocks)
Okay so
- You get 20 years if you criticize the government. So presumably media is biased.
- Outsiders don't have access to high-quality data, operating at a disadvantage
- Insiders are selling en masse
... I feel more comfortable investing Taiwan/Japan/South Korea than the PRC
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Okay so
- You get 20 years if you criticize the government. So presumably media is biased.
- Outsiders don't have access to high-quality data, operating at a disadvantage
- Insiders are selling en masse
... I feel more comfortable investing Taiwan/Japan/South Korea than the PRC
Effectively a life sentence for Jimmy Lai.
For peacefully criticising the Chinese government.
Let that sink in.
The world needs to wake up. This is what your a dealing with - not a rational player on the world stage. A vindictive, regime of unchallengeable power tweet
X (formerly Twitter)
Luke de Pulford (@lukedepulford) on X
Effectively a life sentence for Jimmy Lai.
For peacefully criticising the Chinese government.
Let that sink in.
The world needs to wake up. This is what your a dealing with - not a rational player on the world stage. A vindictive, regime of unchallengeable…
For peacefully criticising the Chinese government.
Let that sink in.
The world needs to wake up. This is what your a dealing with - not a rational player on the world stage. A vindictive, regime of unchallengeable…
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Michael Fritzell (Asian Century Stocks)
AeroEdge just hit JPY 4,000/share, making it an 8-bagger within a year. I no longer own shares. But water your flowers and cut your weeds, is my take-away. https://t.co/PlUqTZR3rW
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AeroEdge just hit JPY 4,000/share, making it an 8-bagger within a year. I no longer own shares. But water your flowers and cut your weeds, is my take-away. https://t.co/PlUqTZR3rW
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Michael Fritzell (Asian Century Stocks)
RT @gvancomp: The forgotten lovechild of MSCI (FTSE) postponed the March review for Indo. https://t.co/i3bzNzqPWe
Random thoughts from my favourite indomie
Firstly picture this, I'm sitting on the airplane, next to the bathrooms where someone obviously had 1 too many nasi lemaks, on a turbulent plane ride, wearing a wife beater, and a whiskey soda resting on my oversized belly. And with that image in mind, do not take this as investment advice, my #s are off and my blood is full of msg from all the wonderful indomie I've consumed.
What a time for Indo ... Apa ini ya...
Patriot bonds at 2% (47/50 investors are Chinese, amusing isn't it?) these bonds are issued by the presidents office and not by the government ...
Nephew at the central bank
Danantara sucking up capital and not putting anything to work
Martabe taken (apparently they didn't even know it was foreign owned..seriously what phucwit forget to check? Btw apparently it will be returned shortly)
And now MSCI....
Goreng goreng
The goreng boys just went too wild
Goreng (stock pumping/manipulation) happens everywhere in the world
But not to the point where 6 of the 18 names in the MSCI EM are goreng
So they've brought this on themselves
And they did it so well...
Active funds, both local and international have been 8itching about this for years. The goreng boys have done a fantastic job at making MSCI look like an subpar Enron Auditor, and shafted large international capital, but MSCI woke up and decided to slap some sense into the Indo capital markets burst the super goreng game.
Indonesia has until May to placate the global overlords of passive money....
So now what
A few scape goats, the Heads of IDX and OJK stepped down.
Is that enough? Some more brokers will need to be taken down 1? 2? Or 50 jailed? (the fancy ones of course where they can still trade from, play padel and go home on weekends) But I still suspect a more visual number of heads will need to roll.
Now the current head of OJK is well known to be a swimsuit model in her younger days. Perhaps she has her own epstein black book of names to maintain some control and order...
What happens if Indo gets kicked out of EM?
That's USD 40 BN in passive capital that will have to leave. For a country with USD 110 BN in reserves...that's a pretty penny ...the Fx would drop 30-50%. Yields moonshot. Side note Vietnam gets shafted in the MSCI frontier as Indo would become 40% and Vietnam drops from 30 to 18%
What "solutions" have happened
Well they are going to require the free float minimum of 15%
Means ... the bankers are going to busy ... but domestic AM isn't large enough to absorb all of this.
Big boys and friends can simply set up vehicles via local AMs, "Private Equity or Hedge Funds" in Singapore and HK vehicles to ensure that on paper this threshold is met...but that's still a lot of capital required ...
If you're a big player...move fast before the available capital is dried up.
Or because this is a mess...
Two exchanges? A main board and a PoS board?
Exchange A. One for those meet the free float requirement
Exchange B. One for those that don't.
Exchange A can be the main board and considered part of regional and global indices
In theory these are the "better" companies and they'll see a bid in the shift from the goreng names shifted to Exchange B which will be sold down and those flows will go to Exchange A quality names.
Danantara has apparently started putting capital into the market. Let's see how much support that can give...
Danantara is also amusing...again a good idea. Odd execution. But can you imagine being a person on the investment team there providing recommendations? What if it doesn't pan out despite best intentions? Would you be fined/jailed under the next administration? (Look what they've done to the former Minister of Education whom actually tried to do something positive) I doubt any middle manager or j[...]
RT @gvancomp: The forgotten lovechild of MSCI (FTSE) postponed the March review for Indo. https://t.co/i3bzNzqPWe
Random thoughts from my favourite indomie
Firstly picture this, I'm sitting on the airplane, next to the bathrooms where someone obviously had 1 too many nasi lemaks, on a turbulent plane ride, wearing a wife beater, and a whiskey soda resting on my oversized belly. And with that image in mind, do not take this as investment advice, my #s are off and my blood is full of msg from all the wonderful indomie I've consumed.
What a time for Indo ... Apa ini ya...
Patriot bonds at 2% (47/50 investors are Chinese, amusing isn't it?) these bonds are issued by the presidents office and not by the government ...
Nephew at the central bank
Danantara sucking up capital and not putting anything to work
Martabe taken (apparently they didn't even know it was foreign owned..seriously what phucwit forget to check? Btw apparently it will be returned shortly)
And now MSCI....
Goreng goreng
The goreng boys just went too wild
Goreng (stock pumping/manipulation) happens everywhere in the world
But not to the point where 6 of the 18 names in the MSCI EM are goreng
So they've brought this on themselves
And they did it so well...
Active funds, both local and international have been 8itching about this for years. The goreng boys have done a fantastic job at making MSCI look like an subpar Enron Auditor, and shafted large international capital, but MSCI woke up and decided to slap some sense into the Indo capital markets burst the super goreng game.
Indonesia has until May to placate the global overlords of passive money....
So now what
A few scape goats, the Heads of IDX and OJK stepped down.
Is that enough? Some more brokers will need to be taken down 1? 2? Or 50 jailed? (the fancy ones of course where they can still trade from, play padel and go home on weekends) But I still suspect a more visual number of heads will need to roll.
Now the current head of OJK is well known to be a swimsuit model in her younger days. Perhaps she has her own epstein black book of names to maintain some control and order...
What happens if Indo gets kicked out of EM?
That's USD 40 BN in passive capital that will have to leave. For a country with USD 110 BN in reserves...that's a pretty penny ...the Fx would drop 30-50%. Yields moonshot. Side note Vietnam gets shafted in the MSCI frontier as Indo would become 40% and Vietnam drops from 30 to 18%
What "solutions" have happened
Well they are going to require the free float minimum of 15%
Means ... the bankers are going to busy ... but domestic AM isn't large enough to absorb all of this.
Big boys and friends can simply set up vehicles via local AMs, "Private Equity or Hedge Funds" in Singapore and HK vehicles to ensure that on paper this threshold is met...but that's still a lot of capital required ...
If you're a big player...move fast before the available capital is dried up.
Or because this is a mess...
Two exchanges? A main board and a PoS board?
Exchange A. One for those meet the free float requirement
Exchange B. One for those that don't.
Exchange A can be the main board and considered part of regional and global indices
In theory these are the "better" companies and they'll see a bid in the shift from the goreng names shifted to Exchange B which will be sold down and those flows will go to Exchange A quality names.
Danantara has apparently started putting capital into the market. Let's see how much support that can give...
Danantara is also amusing...again a good idea. Odd execution. But can you imagine being a person on the investment team there providing recommendations? What if it doesn't pan out despite best intentions? Would you be fined/jailed under the next administration? (Look what they've done to the former Minister of Education whom actually tried to do something positive) I doubt any middle manager or j[...]
Offshore
Michael Fritzell (Asian Century Stocks) RT @gvancomp: The forgotten lovechild of MSCI (FTSE) postponed the March review for Indo. https://t.co/i3bzNzqPWe Random thoughts from my favourite indomie Firstly picture this, I'm sitting on the airplane, next to…
unior would dare offer any investment ideas. If so get a second home ready in Singapore... - Pon Van Compernolle tweet
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Michael Fritzell (Asian Century Stocks)
Google Trends seems to be broken, presumably due to traffic from generative AI bots. Any fix? https://t.co/pufXKRSvxV
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Google Trends seems to be broken, presumably due to traffic from generative AI bots. Any fix? https://t.co/pufXKRSvxV
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