talk is Cheap .
On May 16, 5:53=C2=A0pm, Chim <Chi...@[EMAIL PROTECTED]
> wrote:
> On May 16, 3:38=C2=A0am, Mohammed the =C2=A0Holy ****er
<Moonyon...@[EMAIL PROTECTED]
>
> wrote:
>
>
>
>
>
> > these =C2=A0are =C2=A0just =C2=A0fantasy =C2=A0stories =C2=A0 by
=C2=A0J=
im =C2=A0Rogers ,
>
> > 400 =C2=A0millions >
>
> > you =C2=A0can =C2=A0buy =C2=A0the =C2=A0CPP =C2=A0with =C2=A0400
=C2=A0m=
illion US$ .
>
> > On May 15, 9:04=C2=A0pm, Chim <Chi...@[EMAIL PROTECTED]
> wrote:
>
> > > On May 15, 2:15=EF=BF=BDam, Jesus =C2=A0Christ the Holy =C2=A0****
=C2=
=A0****er
>
> > > <veak...@[EMAIL PROTECTED]
> wrote:
> > > > 400 =EF=BF=BDmilion =EF=BF=BDUS$ =EF=BF=BDinto =EF=BF=BDCambodia
=EF=
=BF=BD, =EF=BF=BDare =EF=BF=BDthey =EF=BF=BDmad ?
>
> > > > you =EF=BF=BDcan =EF=BF=BDdo =EF=BF=BDa =EF=BF=BDlot =EF=BF=BDwith
=
=EF=BF=BD400 =EF=BF=BDmilion =EF=BF=BDUIS$ =EF=BF=BDin Thailand
=EF=BF=BDand=
=EF=BF=BDin
> > > > Vietnam .
>
> > > > no =EF=BF=BDbody =EF=BF=BDwould =EF=BF=BD, in =EF=BF=BDtheir
=EF=BF=
=BDright =EF=BF=BDmind =EF=BF=BDwould =EF=BF=BD put =EF=BF=BDmore
=EF=BF=BDt=
han
> > > > 50 =EF=BF=BDmillion =EF=BF=BDUS$ =EF=BF=BDinto =EF=BF=BDCambodia ,
>
> > > > the =EF=BF=BDBHP has =EF=BF=BDbeen =EF=BF=BDhere in
=EF=BF=BDCambodi=
a =EF=BF=BD =EF=BF=BDfor =EF=BF=BD a =EF=BF=BDlong =EF=BF=BDtime ,
>
> > > > and prince =EF=BF=BD Awaleed =EF=BF=BDjust =EF=BF=BDbought
=EF=BF=BD=
the =EF=BF=BDRoyal Grand =EF=BF=BD hotel =EF=BF=BDfor
> > > > less =EF=BF=BDthan =EF=BF=BD50 =EF=BF=BDmillions =EF=BF=BDUS$ .
>
> > > > 400 =EF=BF=BDmillion us$ =EF=BF=BD is =EF=BF=BDa =EF=BF=BDlot
=EF=BF=
=BDof =EF=BF=BDstinky gaz =EF=BF=BDfrom Jim =EF=BF=BDRogers .
>
> > > > On May 15, 1:26=EF=BF=BDpm, Chim <Chi...@[EMAIL PROTECTED]
> wrote:
>
> > > > > Thursday, May 15, 2008
>
> > > > > Cambodia draws interest of private equity
>
> > > > > By Netty Ismail, Bloomberg
>
> > > > > SINGA****E -- Private-equity investors are venturing into
Cambodia,=
as
> > > > > the nation that three decades ago abolished money under the
Khmer
> > > > > Rouge seeks more than US$6 billion to rebuild itself.
> > > > > Leopard Capital and Cambodia Investment & Development Fund are
amo=
ng
> > > > > those planning to put more than US$450 million in the
second-poore=
st
> > > > > of 10 Southeast Asian nations. Cambodia Investment is getting
advi=
ce
> > > > > from Jim Rogers, who predicted the start of the commodities boom
i=
n
> > > > > 1999, and Marc Faber, who forecast Asian assets would decline
befo=
re
> > > > > the regional financial crisis in 1997.
>
> > > > > "It's a country that's changed a lot and investors are finally
wak=
ing
> > > > > up to that," said Douglas Clayton, founder of Leopard Capital,
who=
is
> > > > > based in Phnom Penh and is seeking to raise US$100 million.
"Most
> > > > > people have an outdated perception of Cambodia; clearly the
countr=
y
> > > > > has made significant progress."
>
> > > > > Prime Minister Hun Sen is relying on the country's oil and
mineral=
> > > > > resources to attract foreign investments and reduce Cambodia's
> > > > > dependence on clothing ex****ts and tourism for growth as he
prepar=
es
> > > > > for an election in July. The funds will move money into banks,
off=
ice
> > > > > buildings, luxury hotels, ****ts and other projects.
>
> > > > > "Cambodia does have a lot of natural resources, it does have an
> > > > > ambitious population, and it does have some assets," said
Singa****=
e-
> > > > > based Rogers, who co-founded the Quantum hedge fund with George
So=
ros
> > > > > during the 1970s, and is now chairman of Rogers Holdings. "Most
> > > > > countries that come out of something like they have are inclined
t=
o be
> > > > > pretty safe for a while because they're trying to get money in."
>
> > > > > Leopard Capital's first planned investment, a housing project in
S=
iem
> > > > > Reap, probably will generate a return of more than 60 percent a
ye=
ar,
> > > > > about three times the internal target for private-equity
investmen=
ts,
> > > > > said Clayton, who moved to Phnom Penh from Bangkok last June.
>
> > > > > Clayton was a hedge fund manager at Knight Asia Group and head
of =
CLSA
> > > > > Securities in Thailand before setting up Leopard Capital in
2007.
> > > > > Faber, publisher of the Gloom, Boom & Doom re****t, is a director
a=
t
> > > > > Leopard Capital.
>
> > > > > Peter Brimble and Bradley Gordon, Clayton's former partners at
Leo=
pard
> > > > > Capital, are starting the US$100 million Cambodia Emerald fund
thi=
s
> > > > > year to invest in tourism, agriculture, financial institutions,
> > > > > infrastructure and real estate.
>
> > > > > The fund plans to close at least one deal before the end of the
ye=
ar,
> > > > > said Brimble, who's based in Phnom Penh. LR Global Partners in
New=
> > > > > York and London-based Kazimir Partners are investors in Cambodia
> > > > > Emerald, he said.- Hide quoted text -
>
> > > > - Show quoted text -
>
> > > In investment, risk is an op****tunity. Those who understand risk
which=
> > > is the consequence of different variables such as economics,
politics,=
> > > and culture would approach it with more certainty and insight than
the=
> > > average person who only cares about the moment.
>
> > > Best investment decisions are made when the economy is beginning to
> > > take off. This is the area of the inflection point when things would
> > > make a lot of difference between making money and just parking it
for
> > > a low rate of growth. When the economy matures, savvy investors
would
> > > move money some place else. Why? Because the rate of growth in such
an=
> > > environment is tapering off. The momentum is beginning to eva****ate.
>
> > > That's why Mr. Rogers left New York and established his headquarters
> > > in where the action is.
>
> > > You mention about Thailand and Vietnam. Of course, Thailand is still
> > > growing and it has a better workforce than Cambodia or Vietnam. But
> > > its economy has begun to mature. From now on, Thailand needs to
> > > reinvent itself through innovation, management expertise and
expansion=
> > > into other Asian countries in order to keep the growth moving up.
> > > Otherwise, productivity would slow down. Likewise, the economy would
> > > do so. For the last 5 years, the growth of the economy in Cambodia
far=
> > > exceeds the one in Thailand.
>
> > > And Vietnam? Economic expansion of Vietnam is likely to be based on
> > > greed and aggression, but not on authentic growth as experienced and
> > > in relation****p to Cambodia's. All 3 countries are emerging
economies.=
> > > But among the 3 nations, Cambodia's rate of economic growth is
higher
> > > and likewise very risky. That's where the op****tunity is. This is
also=
> > > where Mr. Rogers is betting his money.- Hide quoted text -
>
> > > - Show quoted text -- Hide quoted text -
>
> > - Show quoted text -
>
> It may be fantasy. But he's a billionaire and he has a methodology.
> It's not my money. A lot of Cambodian American folks in the US are
> doing the same thing, moving money from their home equity or borrowing
> money against the equity in the US and buying or reinvest it in
> Cambodia.
>
> According to the feedback, the value of the investment has so far
> moved up dramatically. But some of these people are buying properties
> for retirement and investment at the same time.
>
> From what I know, private equity does not give a damn about politics
> or productivity. Its only mission is to increase valuation of its
> holdings. Once it thinks that the rate of growth is about to become
> negative, it begins the process of liquidation. It has no love for
> company like the average investor or professional worker who cares
> only about the arts and sciences of its profession.- Hide quoted text -
>
> - Show quoted text -
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