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Suggest You - Samsung the Elephant
How else can you use the “About Me” page?However, it is more than that, and this is why I mentioned the newsletter and e-course above. You can use your About Me page to make a statement to your internet marketing newbie, such as:“Click Here to Get details of a Newsletter that can Provide you with More Information about how to use the Product I am Offering Here.”Or:“Click Here for Details of an E-course on How to use eBay to Make Money”.You then provide a clickable link to a squeeze page on your website that is designed to get the visitor’s email address and expand your list. You of
Since China is already starting to manufacture stuff like machine tools that the South Koreans were busily exporting in 2003 and 2004, South Korean planners believe it must quickly transform itself into a finance, communications and transportation hub – akin to the role of Singapore or Switzerland. The question then beco
The word scalping immediately brings us images of that ancient indian tradition of removing the scalp of their enemies as a trophy of their victory. It may not be the nicest of the images coming to our minds, but Forex scalping or scalping the markets has nothing to do with the bloody scalp of any defeated enemy. Instead they are one of the most used approaches to trading the markets.In a few words; traders who use scalping have as their main trading method the art of looking for any advantage given by very short term trading opportunities. By short term I mean entering and exiting a trade within a minute or
The South Korean economy is a paradox. It has become the third largest economy in Asia after Japan and China. Its 48 million citizens have in one generation enjoyed a sizable jump in their standard of living and no country has benefited more than South Korea from the rise of China which has become a vital export market. Its sovereign credit rating was recently upgraded due to reduced tensions with North Korea and it enjoys foreign exchange reserves of over $200 billion. The Korean people should be full of satisfaction for a job well done but instead are rather a discontented lot.
Its per capita income is about one third that of the OECD average. Economic growth is expected in the 3-4% range closer to a mature economy than an Asian tiger. Unemployment is becoming an issue and a stronger currency and relatively high wage levels are crimping exports which account for 40% of its economy. Exports are up only 7% this year after a 31% jump last year. After a credit card binge, average net consumer borrowing is equal to 100% of disposable income and the bank of Korea recently bumped up its benchmark rate for the first time in three years.
What is going on here? Somewhat surprisingly, South Korea is experiencing many of the same outsourcing issues that Americans complain about. It was the largest investor in China last year with over $6 billion in fixed investments. Its largest steel maker POSCO announced its intention to invest $12 billion in a steel plant in India where it already runs 24 steel companies. Hyundai manufactures 600,000 autos in China and its affiliate Kia makes 150,000 more.
Meanwhile Samsung Electronics has become Asia’s largest technology company by market cap (larger than Sony), and its largest maker of memory chips and flat panel screens and mobile phones. Samsung enjoys a credit rating higher than South Korea’s sovereign rating. With 62 affiliates, the Samsung group dominates life in Korea like no other company in history. It represents 15% of the nation’s total economic activity, 25% of the capitalization of the KOSPI stock market and the taxes it pays represent almost 10% of total government income!
Samsung, up 25% so far this year, is still attractive at about 11 times consensus 2006 earnings estimates and its operating profit was up 29% in the third quarter. Despite third quarter net income declining 30%, a strong fourth quarter is expected. There is a shortage of LCD television panels and its flash memory chip global market share exceeds 60%. As prices have come down flash chip sales have gone up 40%.
But the company is not a terrific play on the South Korean economy. Rather it is a global play on its three key markets and the expected payoff from its extraordinary commitment to R&D. The South Koreans are discontented because the five largest companies are growing outside the country more than in it and at a stage of development where it should be more competitive manufacturing onshore. The challenge is the low cost manufacturing platform with huge economies of scale just next door – the issue is China. Samsung already has already has 29 plants and 50,000 workers in China.
Since China is already starting to manufacture stuff like machine tools that the South Koreans were busily exporting in 2003 and 2004, South Korean planners believe it must quickly transform itself into a finance, communications and transportation hub – akin to the role of Singapore or Switzerland. The question then becom
When I was recruiting a call center staff for a Fortune 500 company, one of my associates fielded an inquiry from an applicant, and then handed the phone to me.“The job sounds interesting,” the caller said, and then she whispered, “But is there a window?”“A window?”I wasn’t sure about what she meant.“Is there a window in your call center? Can you see out, when you’re calling? I have to have a window, or I’ll go crazy!”I told her there was a window, with a beautiful view of the parking lot, but she had to be standing next to the copier to see it.“Sorry, that won’t do. Bye!”er a discontented lot.
Its per capita income is about one third that of the OECD average. Economic growth is expected in the 3-4% range closer to a mature economy than an Asian tiger. Unemployment is becoming an issue and a stronger currency and relatively high wage levels are crimping exports which account for 40% of its economy. Exports are up only 7% this year after a 31% jump last year. After a credit card binge, average net consumer borrowing is equal to 100% of disposable income and the bank of Korea recently bumped up its benchmark rate for the first time in three years.
What is going on here? Somewhat surprisingly, South Korea is experiencing many of the same outsourcing issues that Americans complain about. It was the largest investor in China last year with over $6 billion in fixed investments. Its largest steel maker POSCO announced its intention to invest $12 billion in a steel plant in India where it already runs 24 steel companies. Hyundai manufactures 600,000 autos in China and its affiliate Kia makes 150,000 more.
Meanwhile Samsung Electronics has become Asia’s largest technology company by market cap (larger than Sony), and its largest maker of memory chips and flat panel screens and mobile phones. Samsung enjoys a credit rating higher than South Korea’s sovereign rating. With 62 affiliates, the Samsung group dominates life in Korea like no other company in history. It represents 15% of the nation’s total economic activity, 25% of the capitalization of the KOSPI stock market and the taxes it pays represent almost 10% of total government income!
Samsung, up 25% so far this year, is still attractive at about 11 times consensus 2006 earnings estimates and its operating profit was up 29% in the third quarter. Despite third quarter net income declining 30%, a strong fourth quarter is expected. There is a shortage of LCD television panels and its flash memory chip global market share exceeds 60%. As prices have come down flash chip sales have gone up 40%.
But the company is not a terrific play on the South Korean economy. Rather it is a global play on its three key markets and the expected payoff from its extraordinary commitment to R&D. The South Koreans are discontented because the five largest companies are growing outside the country more than in it and at a stage of development where it should be more competitive manufacturing onshore. The challenge is the low cost manufacturing platform with huge economies of scale just next door – the issue is China. Samsung already has already has 29 plants and 50,000 workers in China.
Since China is already starting to manufacture stuff like machine tools that the South Koreans were busily exporting in 2003 and 2004, South Korean planners believe it must quickly transform itself into a finance, communications and transportation hub – akin to the role of Singapore or Switzerland. The question then beco
Are you getting ready to add to your workforce? What steps have you taken to assure that these new hires will make a successful transition into your organization? New employees should be provided a fair opportunity to develop their skills and talents and remain on the payroll. Failure to do so could result in the loss of a potentially good employee, a waste of training dollars, or the threat of legal action from dismissals. Obviously, none of these are acceptable options for the progressive-minded company.Here are some steps managers can follow to provide new employees with strong opportunities to contrib
Meanwhile Samsung Electronics has become Asia’s largest technology company by market cap (larger than Sony), and its largest maker of memory chips and flat panel screens and mobile phones. Samsung enjoys a credit rating higher than South Korea’s sovereign rating. With 62 affiliates, the Samsung group dominates life in Korea like no other company in history. It represents 15% of the nation’s total economic activity, 25% of the capitalization of the KOSPI stock market and the taxes it pays represent almost 10% of total government income!
Samsung, up 25% so far this year, is still attractive at about 11 times consensus 2006 earnings estimates and its operating profit was up 29% in the third quarter. Despite third quarter net income declining 30%, a strong fourth quarter is expected. There is a shortage of LCD television panels and its flash memory chip global market share exceeds 60%. As prices have come down flash chip sales have gone up 40%.
But the company is not a terrific play on the South Korean economy. Rather it is a global play on its three key markets and the expected payoff from its extraordinary commitment to R&D. The South Koreans are discontented because the five largest companies are growing outside the country more than in it and at a stage of development where it should be more competitive manufacturing onshore. The challenge is the low cost manufacturing platform with huge economies of scale just next door – the issue is China. Samsung already has already has 29 plants and 50,000 workers in China.
Since China is already starting to manufacture stuff like machine tools that the South Koreans were busily exporting in 2003 and 2004, South Korean planners believe it must quickly transform itself into a finance, communications and transportation hub – akin to the role of Singapore or Switzerland. The question then beco
Email marketing services which automates just about everything you need to do it. creating a list signup form, managing subscribe/unsubscribe requests, removing duplicate email addresses, gathering demographic information, filtering your list member database to target messages, personalizing each message, and tracking responses to every link inside your messages.Here are some ways you can use it in your business:* Customer Acquisition and Retention* Set up an instant guest book for your web site* Send newsletters to customers and contacts based on their interests or demographics* O
Samsung, up 25% so far this year, is still attractive at about 11 times consensus 2006 earnings estimates and its operating profit was up 29% in the third quarter. Despite third quarter net income declining 30%, a strong fourth quarter is expected. There is a shortage of LCD television panels and its flash memory chip global market share exceeds 60%. As prices have come down flash chip sales have gone up 40%.
But the company is not a terrific play on the South Korean economy. Rather it is a global play on its three key markets and the expected payoff from its extraordinary commitment to R&D. The South Koreans are discontented because the five largest companies are growing outside the country more than in it and at a stage of development where it should be more competitive manufacturing onshore. The challenge is the low cost manufacturing platform with huge economies of scale just next door – the issue is China. Samsung already has already has 29 plants and 50,000 workers in China.
Since China is already starting to manufacture stuff like machine tools that the South Koreans were busily exporting in 2003 and 2004, South Korean planners believe it must quickly transform itself into a finance, communications and transportation hub – akin to the role of Singapore or Switzerland. The question then beco
I have written a number of articles now about Spam, what it is, where it comes from and how you can combat it. These have generated a fair bit of interest and a good number of questions, and the most commonly asked questions focus around what I personally use to protect myself from spam. To be fair there are two ways I can answer this question.My old answer was 'knowledge'. I have made it my personal business to find out where this plague is coming from, and how we can stop spam. I even developed a website with the intention to help people fight spam.But the result of my knowledge is that there are
Since China is already starting to manufacture stuff like machine tools that the South Koreans were busily exporting in 2003 and 2004, South Korean planners believe it must quickly transform itself into a finance, communications and transportation hub – akin to the role of Singapore or Switzerland. The question then becomes do they have the right companies, the right skills and what is its competitive advantage?
Together, Samsung, POSCO, KEPCO (Korea Electric Power) and SK Telecom account for almost 50% of South Korean stock market’s market capitalization. To use a basketball analogy, the South Korean starting five are strong but its bench is a bit thin and its team has lost the home court advantage. The problem is not Samsung but rather that they need about ten more Samsungs.
The top four companies also make up 40% of the South Korea iShare (EWY) ETF which is up 29% so far this year. Samsung alone accounts for 23% of this ETF and buying the iShare gives you more exposure to the top ten South Korean companies. I am trimming our position in the South Korea iShare to take some profits off the table and with the expectation that the stronger won and higher interest rates will lead to a slowdown in exports. Together with the likely re-emergence of the North Korean problem, this may very well undermine investor confidence.
Bottom line: buy Samsung based on valuation and top notch global reach and R&D but expect tougher going for the South Korean economy as China turns from robust export market to direct competitor.
or more information go to http://www.chartwellasia.com or call 877-221-1496
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