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6 MINUTES ON WHY WE CANNOT TRUST THIS ADMINISTRATION’S JUDGEMENT!

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6 MINUTES ON WHY WE CANNOT TRUST THIS ADMINISTRATION’S JUDGEMENT!

As usual Shepherd Smith nails it!

SOURCE: http://newsbusters.org/blogs/tom-blumer/2014/09/19/shepard-smith-josh-earnest-admins-anti-isil-coalition-claims-something


Gary K on Fox Business Network Today Talking on Alibaba

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Gary K on Fox Business Network Today Talking on Alibaba

Today is the much anticipated IPO for Alibaba Group. I will be sharing my thoughts on its debut with Gerri Willis on the FOX Business Network today between 5 and 6 PM ET.

Brian Balsanek was kind enough to share this article from IBD.  I’ve posted it below to share a little insight on the company:

 

Alibaba Set For World’s Top IPO As China Giant Preps

 

THE BUZZ

Alibaba Group is positioned to be the largest IPO ever, and to hear Joseph Tsai, executive vice chairman, talk about the Chinese Internet giant, it’s just the beginning.

“We are only at the start of our journey, with many growth opportunities ahead of us,” he said in a Web video presentation promoting the initial public offering to investors. “We have a large market opportunity in China that we can build to a massive scale.”

Alibaba (NYSE:BABA) is already massive in many ways.

Its IPO is now expected to raise more than $21.45 billion, as the company on Monday raised its IPO price to a range of 66-68 per share, from 60-66.

If Alibaba fully exercises its overallotment of shares, it will become the largest IPO of all time, surpassing Agricultural Bank of China’s $22.1 billion listing in 2010, says IPO research firm Ipreo.

Even without the overallotment, the IPO will surpass the largest U.S. IPO, Visa (NYSE:V), and Facebook (NASDAQ:FB), the top tech IPO.

Alibaba is China’s largest provider of e-commerce services by a huge margin. For the 12-month period ended June 30, it processed $296 billion in gross merchandise volume — more than Amazon (NASDAQ:AMZN) and eBay (NASDAQ:EBAY) combined.

A majority of total online GMV — the value of confirmed orders of products and services — in China occurs on three Alibaba websites that collectively have more than 279 million active buyers and 8.5 million sellers, the company reported in its IPO prospectus.

“Alibaba is the best-positioned company in the e-commerce space in China by far,” said Henry Guo, research analyst at JG Capital. “It has the brand name, market awareness and a dominant market share, with all the supporting components in place, to further drive growth,” he said.

Alibaba plans to sell 320 million shares.

Strong demand for shares among institutional investors is expected to push the price higher.

BUSINESS

The company consists of nine business units, with operations across 290 subsidiaries. The bulk of revenue comes from its three primary e-commerce sites:

• Taobao.com, China’s top consumer-to-consumer online marketplace and a rough equivalent to eBay.

• Tmall.com, a business-to-consumer marketplace.

• Juhuasuan, where consumer groups can buy products at discounted prices by aggregating demand.

These three accounted for 81.6% of revenue for the 12-month period ended in June.

Alibaba gets most of its revenue from fees it charges customers to use the platforms. The company also operates Alibaba.com and 1688.com, which are wholesale marketplaces.


This is CNN!!

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This is CNN!!


GARY ON THE MARKETS

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GARY ON THE MARKETS

It is pretty simple here. The DOW breaks out of a cup and handle. The SOX holds the 50 day and ramps right back up. FINANCIALS are breaking out all over. And away we go again.

Just keep in mind, small caps still refuse to budge. ENERGY,REITS,GOLD,SILVER,METALS,ORES,CONSTRUCTION MACHINERY and a few other areas are still in bear mode. So no throwing darts. But we never argue with breakouts in major indices with the SEMIS and FINANCIALS leading. Thank you Bernanke,Europe,China,Japan for printing trillions and now Yellen for telegraphing what we already knew. The Mets and Cubs will win a World Series before they even consider raising rates and be rest assured that any hiccup will result in a new round of QE.


HOW MUCH MORE MONEY DO WE THROW AT THE WAR ON POVERTY?

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HOW MUCH MORE MONEY DO WE THROW AT THE WAR ON POVERTY?

SOURCE:http://dailysignal.com/2014/09/16/war-poverty-colossal-flop/


WHO NEEDS TO WAIT FOR OUR FED? CHINA NOW JOINING THE PRINTING PARADE!

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WHO NEEDS TO WAIT FOR OUR FED? CHINA NOW JOINING THE PRINTING PARADE!

We typically do not write in the middle of the day but things are getting noisy. And we are not talking about the market. We are talking central banks. While all the divergences are still out there, China announces 500 billion of printing and at the same time, Yellen leaks 0% for a long long long time. As usual, a stumbling market gets juiced and life is good again. So we now have Europe and China printing oodles and oodles…as Bernanke University is open for business.  Short sellers may have to put their life jackets back on because there continues to be a direct correlation with the trillions printed and equity markets. Call it manipulation, rigging…doesn’t matter. We call it the reality of the situation and thinking they will never stop unless and until markets stop them. None believe there will be any repercussions of all this interference because so far, there have been no repercussions. Psychology and human nature dictate people will repeat and repeat behavior as long as it provides pleasure and no pain.  The spigot opens even more than it already is.


Radio

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Radio

Investors Edge – 09/19/2014 Hour 1

Investors Edge – Hour 1 Listen to todays show by clicking here.

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Investors Edge – 09/18/2014 Hour 1

Investors Edge – Hour 1 Listen to todays show by clicking here.

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Investors Edge – 09/17/2014 Hour 1

Investors Edge – Hour 1 Listen to todays show by clicking here.

Television

Newsletter

Gary Kaltbaum owns Kaltbaum Capital Management, LLC (“KCM”), an investment adviser registered with the U.S. Securities and Exchange Commission. The opinions expressed herein are those of Mr. Kaltbaum and may not reflect those of KCM. The information offered in this publication is general information that does not take into account the individual circumstances, financial situation or individual needs of an investor. The information herein has been obtained from sources believed to be reliable, but we cannot assure its accuracy or completeness. Neither the information nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. Any reference to past performance is not to be implied or construed as a guarantee of future results.

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