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Macondo Capital

Investment ideas in South East Asia and beyond

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Macondo Capital | macondocap.blogspot.com Reviews

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Investment ideas in South East Asia and beyond

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1

Macondo Capital: March 2010

http://macondocap.blogspot.com/2010_03_01_archive.html

Investment ideas in South East Asia and beyond. Monday, March 8, 2010. Evaluation of the Sector and Business Model. Due to aggressive production increases of MSG by competing factories in China, the margin of supply over demand has increased significantly in spite of continued price cutting. In Malaysia the Company has diversified into condimented snack foods, soups and flavored food enhancers, however company accounts do not indicate the breakdown. Internal Evaluation of the Business and its Constituents.

2

Macondo Capital: April 2010

http://macondocap.blogspot.com/2010_04_01_archive.html

Investment ideas in South East Asia and beyond. Tuesday, April 13, 2010. Action Asia Ltd. (Singapore SGX A59). Evaluation of the Sector, Overall Business Model and Company’s Position within the Sector. The Company’s heavy reliance on the North American auto sector is a potential area of concern. The Company’s strong sales in 2009 may have been largely attributable to US Federal stimulus packages to facilitate the sale of new vehicles. In the next several years most growth in new vehic...The Company is ge...

3

Macondo Capital: Tenaga Nasional (Tenaga:KLS) - Avoid the shares

http://macondocap.blogspot.com/2011/11/tenaga-nasional-tenagakls-avoid-shares.html

Investment ideas in South East Asia and beyond. Tuesday, November 1, 2011. Tenaga Nasional (Tenaga:KLS) - Avoid the shares. Avoid TNB equity and debt. In spite of being a monopoly, TNB is a price-taker, not a price maker. Persistent mid single-digit Government deficits make it difficult for the Government to continue with subsidies, but to remove them would be political suicide, and the incumbent party's hold on power is tenuous. TNB (and Petronas) are therefore in straight-jackets. Predictably, TNB's ma...

4

Macondo Capital: November 2011

http://macondocap.blogspot.com/2011_11_01_archive.html

Investment ideas in South East Asia and beyond. Tuesday, November 1, 2011. Tenaga Nasional (Tenaga:KLS) - Avoid the shares. Avoid TNB equity and debt. In spite of being a monopoly, TNB is a price-taker, not a price maker. Persistent mid single-digit Government deficits make it difficult for the Government to continue with subsidies, but to remove them would be political suicide, and the incumbent party's hold on power is tenuous. TNB (and Petronas) are therefore in straight-jackets. Predictably, TNB's ma...

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Investment ideas in South East Asia and beyond. Tuesday, November 1, 2011. Tenaga Nasional (Tenaga:KLS) - Avoid the shares. Avoid TNB equity and debt. In spite of being a monopoly, TNB is a price-taker, not a price maker. Persistent mid single-digit Government deficits make it difficult for the Government to continue with subsidies, but to remove them would be political suicide, and the incumbent party's hold on power is tenuous. TNB (and Petronas) are therefore in straight-jackets. Predictably, TNB's ma...

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