Author: Serkadis

  • RBS Analyst Andy Chaytor: Forget Treasuries, Check Out Foreign Debt And Commodities In 2010

    Last month/year, we provided you with an RBS presentation from analyst Andy Chaytor and his top themes and trades for 2010.

    Well the new year is here and Chaytor has an update. Looks like going long the 5-year Treasury was a bad idea. However, Ireland’s debt and metals have paid off. Below, the report in full.



    Andy Chaytor Update

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  • Vizio announces a slew of 3D HDTVs that you want

    New_XVTPRO720SV_Front
    Vizio has grown up from a bargain brand to a top tier nameplate. The companies latest release reaffirms that stance as the just-announced XVT line is as feature filled as it gets. These HDTVs pack everything from 3D to a 480Hz technology to wireless HDMI built-in to a sliding keyboard with a full QWERTY keyboard to better control apps like Twitter and Facebook. These sets are hot, folks.

    The XVT model line includes a 72-inch, 55-inch, and 47-inch for $3499, $2499, and $1999, respectively. All are equipped with with a 3D mode, five HDMI 1.3 jacks, Wi-Fi, Bluetooth, wireless HDMI, and a bunch of apps. The big boy 72-inch (XVTPRO720SV) however, features 480 zones of localized dimming, while the 55-inch only has 120 and the 47, 160 zones.

    cinema58_AngleThere is even a new 58-inch Cinema Wide Display with a 21×9 aspect ration and 2560 x 1080 resolution. This set is perfect for those 2:35:1 movies that leave black bars above and beneath the picture on a 16×9 set. The XVTPRO580CD also has all the goodies described above.

    Don’t get too excited about these sets. They will not be available until August. That’s eight months from now. By that time, other manufacturers will probably hop on the wireless HDMI and 3D bandwagon. Hopefully they will copy the QWERTY remote too.


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  • Snow

    WOW. Amazing snow today.

    If you’re working in town and plan on getting home via Upper Parliament Street then it is seriously not recommended. Cars skidding all over the road..

  • Paris Hilton Remembers Casey Johnson

    Hilton Hotel heiress Paris Hilton is grieving the loss of fellow Hollywood socialite Casey Johnson. Johnson, the 30-year-old daughter of New York Jets owner Woody Johnson and heiress to the Johnson & Johnson empire, was found dead in her Los Angeles home early Monday. She leaves behind a 6-year-old daughter Ava and “fiancee” Tila Tequila.

    Casey is also being remembered by her famous pals, like Hilton, who grew up with the blonde outside Los Angeles.


    “God has another Angel by his side. Casey, we all Love and Miss you and know that you are in a better place. R.I.P…..”

    “I feel so sad right now, my heart is in pain. Just lost a longtime friend. My heart goes out to her family. R.I.P. Casey Johnson Love you :(…..” Paris Tweeted in the hours after Johnson’s death. Hilton later added, “In bed crying, looking at baby pictures of Casey, Nicky and I. I feel so upset. I feel like I’ve lost a sister. My heart is broken. Miss her….”


  • ASUS Eee PC 1001P brings its seashell design, Atom N450 to Amazon’s US listings

    First Germany, and now the States. ASUS’s 10.1-inch, Pine Trail-equipped Eee PC Seashell 1001P has popped up on Amazon’s US retail listings. Same Intel Atom N450 processor we saw before. $300 gets you Windows XP and a 160GB HDD, while $350 nets Windows 7 and 250GB of storage. Color options are black, pink, blue, and white, and as for release date? Still M.I.A., but we’re hopeful this week offers a few tech news goodies.

    ASUS Eee PC 1001P brings its seashell design, Atom N450 to Amazon’s US listings originally appeared on Engadget on Tue, 05 Jan 2010 09:11:00 EST. Please see our terms for use of feeds.

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  • Samsung flirts coyly with 7-inch AMOLED Digital Photo Frame

    We know exactly what you were thinking when you first heard the news that Kodak was selling its OLED business to LG: 1) wait, Kodak had an OLED business, and b) who the hell will I buy my $1,000 OLED digital photo frame from now? The latter part of this conundrum has just been answered by Samsung who will unveil its 700Z Digital Photo Frame here at CES. Sammy’s offering boasts a 7-inch AMOLED display, 4GB of internal memory, Bluetooth with video support. Unfortunately, the frame’s million-to-1 contrast ratio isn’t enough to distract this product model from her dreams of beauty pageant stardom.

    Samsung flirts coyly with 7-inch AMOLED Digital Photo Frame originally appeared on Engadget on Tue, 05 Jan 2010 08:50:00 EST. Please see our terms for use of feeds.

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  • Omnivision illuminates the dark side with new 14.6 megapixel CMOS sensor

    Look, we know that a sensor announcement falls on the dull side of magical, but without them there wouldn’t be any new cameras now would there? So listen in when we tell you about the 14.6 megapixel CMOS sensor from OmniVision capable of shooting stills or 1080p video at 60 fps (with some pixel binning). The 1/2.33-inch OV14810 sensor features an active array of 4,416 x 3,312 backside illuminated pixels capable of 15fps at full resolution. Omnivision is also sampling its new OV14825 for mobile applications. Both should start appearing in still / video cams and mobile phones shortly after they hit mass production in Q2 of the year twenty-ten.

    Omnivision illuminates the dark side with new 14.6 megapixel CMOS sensor originally appeared on Engadget on Tue, 05 Jan 2010 08:31:00 EST. Please see our terms for use of feeds.

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  • Apple Stores have no gift registries. Bummer.

    Filed under:

    Lauren and I were chatting with Megan over on iChat today and trying to figure out how to set up her gift registry for her upcoming nuptials with her hawt Astrophysicist boyfriend. Of course, Megan is dying for one of those awesome iPhone remote dodads but we thought that we’d just go for more of a general Apple Store registry thing. I gave my local Apple Store a call to ask how we could get it established. The gentleman at the other end of the phone was polite. Perplexed but polite.

    “Um…A gift registry? I don’t think we’ve ever been asked THAT before,” he said. “We don’t have one. We’re kind of a specialized store, you know.” Yes, we do know. And it’s the kind of specialization that we like. But even Home Depot has a gift registry service, so what’s the hold-up Apple? Don’t you realize that geeks get married and have babies too?

    Sadly, it looks like Megan must rely on word of mouth instead. Don’t forget, Apple does have a limit on how many gift certificates you can redeem at any one time online. I think it’s something like 4 cards for online purchases but unlimited for in-store ones. Check with an Apple representative for details.

    TUAWApple Stores have no gift registries. Bummer. originally appeared on The Unofficial Apple Weblog (TUAW) on Tue, 05 Jan 2010 09:00:00 EST. Please see our terms for use of feeds.

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  • Citroen Vans Get Trafficmaster Satnav in the UK

    The new year brought some new equipment for every Citroen Berlingo which will be sold in the UK, as all models will be fitted the Citroen Trafficmaster Smartnav/Trackstar stolen vehicle package.

    Citroën remains committed to providing its customers with the technology to optimise vehicle efficiency and safety. The company’s new 2010 initiative – to fit all Berlingo, Dispatch and Relay panel vans with Trafficmaster Smartnav – will empower even more operators with the means to cut co… (read more)

  • New traffic regulations. Finally!

    Finally new rules. Let’s pray they are heavily enforced.

    http://addisfortune.com/addisfortunenews.htm. Scroll down..

    Quote:

    what are the rules motorists in addis should observe?

    Drivers are not permitted to drive without fastening their seatbelts anywhere in Addis Abeba. So, get used to it.

    The law on mobile phone usage is clear when it comes to using headsets and Bluetooth devices, drivers are not allowed to use their mobile phones while driving.

    The unconscionable act of watching movies and television while driving is now forbidden.

    If drivers and passengers are accustomed to buying or giving alms on the road or at traffic lights it is time to let go of that custom, as it is the driver who will pay the fine.

    Life is fragile crossing over ring-road barriers and railings as has been evidenced. And now it is an offence to the law.

    The lane lines are painted white to be observed and respected; if these are not obeyed the driver will be charged.

    Driving under the influence of alcohol or drugs is beyond suicidal. It can also be homicidal, so think twice before doing so. It is obligatory.

    Pedestrians who cross the road disregarding the zebra crossing will be fined for the act.


  • Web Site

    I am a web developer by trade and am interested in doing something on the web to monitor my D. I am not sure what information to monitor since I am only a type 2 I do not have much of an idea what would be useful for the type 1s. I would appreciate any information from anyone on what the web site should look like and what it should do.

    Many Thanks for any replies,

  • Warren Buffett Just Delivered A Death Blow To Cadbury

    warren peter buffett

    Warren Buffett just voted “no” on Kraft’s proposal to issue more shares for Cadbury.

    Bye bye bidding war?

    Well right now he doesn’t want to give Kraft a blank check, but there’s still a little hope:

    Omaha, NE (BRK.A; BRK.B) Berkshire Hathaway has voted “no” on Kraft’s proposal to authorize the issuance of up to 370 million shares to facilitate the acquisition of Cadbury. Berkshire, taking into account both its own holdings and those of its pension funds, believes that the 138,272,500 Kraft shares it owns – 9.4% of the total outstanding – make it the company’s largest shareholder.

    The share-issuance proposal, if enacted, will give Kraft a blank check allowing it to change its offer to Cadbury – in any way it wishes – from the transaction presented to shareholders in the proxy statement. And we worry very much that, indeed, there will be an additional change from the revision announced this morning. To state the matter simply, a shareholder voting “yes” today is authorizing a huge transaction without knowing its cost or the means of payment.

    Our understanding is that Kraft must announce its final offer for Cadbury by January 19th. If we conclude at that point that the offer does not destroy value for Kraft shareholders, we will change our vote to “yes.” At this time, however, we believe no shareholder should vote “yes” when he can’t possibly know what he is voting for.

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  • Matti Multiplex to go 3-D

    Matti Multiplex to Go 3-D

    Quote:

    Nearly four years ago, Jeffrey Katzenberg, one of the most influential persons in American Cinema, was inspired while watching the adventure-filled Christmas animated movie, “The Polar Express” in three dimensions (3-D). The DreamWorks Animation CEO gathered his team immediately afterwards. “I have seen the future of cinema, and it is 3-D,” he said. “…Whoever gets into it at the beginning … is going to profit the most.”

    The Addis Abeba entertainment scene is finally catching up to this trend as Matti Multiplex Cinema is in the process of procuring 3-D film screening equipment at a cost of over seven million Br. The cinema administration is consulting with Christie Digital Systems, a Canadian company whose projectors are used on more digital screens worldwide than any other manufacturer, to purchase one such projector needed for the screenings.

    “The imaging equipment under survey includes a digital media server – a hard drive system, similar to a computer’s hard disk – that will replace the 35mm reels and DVDs with a storage device,” says Sofonias Yifru, cinema manager. “The combination of the server, together with an assortment of lenses, will all have 35mm, high definition, 3-D capability.”

    Do not forget the continuous supply of 3-D glasses to be dispensed to audiences every show, as well.

    The 50-unit Dolby 6.1 format sound system, already installed in the third-floor cinema hall, is said to be compatible with the new projection system as one of the prerequisites for the project, according to the manager. The installation is planned for this auditorium, which is also a multipurpose hall, and one of three cinemas the multiplex houses. It is the largest of the group, with a seating capacity of 438 persons, 78 of which are in the balcony (VIP section).

    The move was decided partly due to the demands and expectations of audiences.

    “They had come to watch movies that were released [worldwide] in 3D, but we were not ready for that,” Yisfalem Asrat, acting general manager, said.

    The other portion of the decision was based on the fact that Hollywood is now releasing much of the big movies in 3-D, as Katzenberg predicted. The US box office grossed unprecedented earnings that put the blockbusters of previous decades to shame. The biggest earning movies of 2009 were dominated by 3-D movies, of which “Avatar,” the James Cameron-directed 3-D movie premiered worldwide at 236 million dollars, breaking the opening record in the US. The movie is currently showing at Matti in its 2-D version.

    “We expect at least 18 3-D movies to be released in 2010 alone, mainly from Disney,” Sofonias said.

    Although the cinema officials claim that no plans are set on the prices the 3-D experience will incur on the audience, they say the assessment showed the move to be a viable venture. In a January 2009 review of the market, 3-D theaters in the US showing the same film as a 2-D theater sold 3.5 times as many tickets.

    The spectacle of the three dimensional film was first projected in Ethiopia on the occasion of the arrival of the World Cup in Addis Abeba, on November 2009. The Millennium Hall hosted the event with over 200 people attending every screening.

    “The experience was impeccable,” Tilahun Hailemichael says. “I mean come on. I still have the glasses from the show. I am going to be the first in line when this thing materialises.”

    Brehan Ayele, who was also present at the screening of the history of football and the World Cup said few things startled him in his life as this 3-D experience did.

    “It is a very personalised approach to entertainment, in my opinion,” he says. “It appeals to you and your senses alone. I did not even notice anything around me.”

    The one thing these two men seem to agree on is the quality and realistic impression of the animated portions of the football film. The actual footage: not so much. They both believe it will be a heart-racing show for thrillers and action movies.

    The deals with the Hollywood distributors work on an income-sharing basis, according to Yisfalem.

    “We have strong ties with Disney and Warner Brothers, and they are happy with the work we are doing,” he stated. “We hope for the 3-D venture to continue in the same manner. Moreover, the quality of the screenings will not be compromised as the 35mm films, too, used to be projected through digital projectors,” Yisfalem says.

    Matti has already screened 2-D versions of 3-D Hollywood releases including “Up,” “Cloudy, with a Chance of Meatballs”, “Ice Age 3”, and the recent disaster movie “2012.” It is currently showing 2-D versions of the three-dimensional releases “A Christmas Carol” starring Jim Carrey and “Avatar.”

    Known for introducing Hollywood flicks within days of their release, the cinema has been setting trends by bringing new films with Amharic subtitles. Furthering its scope of business and reaching additional audiences, it opened a branch in Mekelle, in February 2009.


    http://addisfortune.com/Matti%20Mult…20Go%203-D.htm

    I think we are on our way to having the first chain of cinemas. About time!

  • In Odd Coincidence, App Store Hits 3 Billion Downloads Milestone on GPhone Day [Digital Daily]

    Apple’s (AAPL) iTunes App Store has hit another milestone: More than 3 billion applications downloaded. Impressive considering it’s been a little over 3 months since the App Store crossed the 2 billion downloads mark. Even more so when you remember, as CEO Steve Jobs reminds us in a gloating press release, that those 3 billion applications downloaded in less than 18 months.

    “Three billion applications downloaded in less than 18 months—this is like nothing we’ve ever seen before,” said Jobs. “The revolutionary App Store offers iPhone and iPod touch users an experience unlike anything else available on other mobile devices, and we see no signs of the competition catching up anytime soon.”

    Sadly, for “the competition”, there’s really no disagreeing with him. At present, there are some 127,632 applications available for the iPhone and iPod touch. There are a little over 4,000 available for Research in Motion’s (RIMM) Blackberry, 800+ available for Palm’s (PALM) Pre and Pixi and some 10,000 available for devices running Google’s (GOOG) Android OS, among them the Nexus One, the super-smartphone Google will uncrate later this morning.

    And speaking of the Nexus One, what an odd coincidence that the App Store would hit a milestone like this on the very day that Google is to launch its flagship Android device, eh? You couldn’t ask for better timing from a PR perspective, could you?

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  • Palm’s Biggest Problem: Sprint [Digital Daily]

    sprintstore-150x150“Were not for its lack of distribution, inadequate advertising, and resulting limited developer community, Palm would be shipping far higher unit volumes than it does today.” So begins a research note from Morgan Stanley analyst Ehud Gelblum that says the end of Palm’s carrier exclusivity with Sprint (S) can’t come soon enough. According to Gelblum limited distribution in the US through the number three wireless carrier has hamstrung Palm by limiting the addressable market for the company’s new super-smartphones, the Pixi and Pre.

    “We believe much of the scale issues Palm has experienced to date have been a function of its exclusive distribution agreement in the US with Sprint, which despite having deployed advertising dollars to the Palm brand, has seen negative net sub adds for 9 quarters and has had a mixed marketing message in its handset portfolio simultaneously promoting Palm, the Samsung Instinct, HTC Hero, and LG Fusion,” Gelblum writes. “However, we expect this to change rapidly in 2010 as the CEOs of both AT&T (T) and Verizon Wireless (VZ) stated last summer that each would carry Palm webOS products after the exclusivity with Sprint expires which we expect to happen in calendar Q1 of 2010.”

    And once Palm has enough multi-carrier distribution support, well, lookout. With Sprint, Palm has an addressable market of 26 million potential subscribers. With Sprint, Verizon AND AT&T, that market spikes to 196 million. Throw in China Telecom and it spikes again to 406 million. That’s a large addressable market and one that will undoubtedly juice WebOS development. And a richer Palm apps environment will attract more subscribers to Palm and, in theory, bootstrap the company into relevance.

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  • [Bydgoszcz] Dom jednorodzinny na Sielance

    Nazwa: dom jednorodzinny przy ul. Sielanka 3
    Inwestor: osoba prywatna
    Autor projektu: arch. Zbigniew Reszka – ARCH DECO
    Data ukończenia: 2006

    W 2008 roku zdobył nagrodę "Złotej Wstęgi Brdy" organizowej przez UM, SARP itd. dla najlepszego budynku w Bydgoszczy.

    (Autor zdjęć: Robert Sawicki)

  • Apple Says Competition Doesn’t Have A Chance To Catch Up To App Store


    Apple App Store Turns One

    As Google (NSDQ: GOOG) prepares to make a significant announcement at its headquarters in Mountain View, Calif. this morning, Apple (NSDQ: AAPL) tried to make news of its own by saying that more than three billion apps have been downloaded from the iTunes App Store. Apple’s CEO Steve Jobs said: “Three billion applications downloaded in less than 18 months—this is like nothing we’ve ever seen before…, and we see no signs of the competition catching up anytime soon.”

    Roughly three months ago, Apple said on Sept. 28 that users had downloaded more than two billion apps since the store launched in July 2008. At the time, it said there were more than 85,000 apps available. Apple did not update that figure today.


  • Lifan Motors sets up assembly plant

    Yangfan Motors Joins Ranks of Local Auto Assemblers

    Quote:

    Yangfan Motors Plc, registered in Ethiopia by Lifan Motors, the Chinese auto manufacturer, has unveiled its new model automobiles during the launching ceremony held on Tuesday, December 9, 2009, at the Sheraton Addis.

    Yangfan has become the fourth car assembling plant in Ethiopia, all of which benefit from tax and duty incentives. The others are Holland Car Plc, BH Trading and Manufacturing Plc, and Belayab Enterprise.

    The three Yangfan models, whose parts are supplied by Lifan, are LIFAN 320, 520 and 620. The 520 being produced by Holland Car Plc was using parts supplied by the Chinese company until the two companies ended their relations in June 2009.

    The disagreements were over the amount of shares Lifan wanted to buy from Holland Car, which was established by Ethiopian and Dutch investors. It was described that the three models go 15km, 18km and 20km per litre. Their prices are 179,800 Br, 189,800 Br and 219,000 Br.

    The benefits from foreign companies investing in Ethiopia to open assembly plants were discounted by a senior government official, who spoke on condition of anonymity.

    The value-added factor of these companies would not be more than five per cent, he said. He did not think they deserved as much incentive as those companies who use local resources for up to 30pc of their inputs, interms of value adding.

    Another concern, according to this official, would be the amount of foreign currency that would be lost if or when these companies opened letters of credit and repatriated their profits.

    “The benefit of technology transfer is also minimal, as these companies produced to little locally,” he argued.

    State Minister of Trade and Industry (MoTI) Tadesse Haile, who was the guest of honour at the launching ceremony, disagreed strongly with this official.

    “Even if the value adding factor of such a company would have is too small, we want to encourage them because we believe this is the first step towards building our technological capacity,” he said. “It is also better than importing finished cars.”

    The amount of local raw materials the companies would use to produce the vehicles would increase through time, giving room for local manufacturers to produce parts, Tadesse said.

    “Our people are also paying less for locally assembled cars than they would have paid for imported cars,” he added.

    The assembly plant is located on 8,464sqm of land in the Kality district rented from a private company, according to Juequan Pan, general manager of Yangfan.

    Juequan’s company will soon have its own plot either by purchasing the plot where it is now located or by acquiring land at the industrial zone in Mojo, he said.

    Parts for 64 cars have already arrived at the Port of Djibouti while more parts for 24 other cars will soon be shipped from China, the manager said.

    The company’s initial investment was stated to be 1.5 million dollar, with plans to boost it to five million dollars by the end of 2010.


    http://addisfortune.com/Yangfan%20Mo…Assemblers.htm

    I didn’t even know there were 2 car assembly plants. I only knew of Holland PLC.

  • Spyshots: Renault Megane CC in Its Undies

    A little under three months are left until French manufacturer Renault pulls the wraps off the CC flavor of the new Megane and, despite the recent release of two teaser photos of the open-top, we can’t help but give you yet another look at the CC.

    Ignoring the somewhat ridiculous choice of camo color made by the French, the CC presents us with a very alluring physique, clearly inspired by the new Megane at the front and back, but with a somewhat different, Peugeot-ish look from t… (read more)

  • The Next False Flag: An Attack On the U.S. Embassy in Yemen

    Earlier today, the Daily Telegraph
    reported that a truck of explosives and weapons managed to slip past a
    surveillance operation in Sana’a, Yemen.

    “The revelations came as western
    diplomatic missions in Sana’a went into lockdown following
    threats from al-Qaeda’s Yemeni affiliate, which has taken
    responsibility for a failed attempt to blow up an airliner over Detroit
    on Christmas Day,” the newspaper reported. “The identity of
    those who smuggled the weapons contingent into Sana’a has not
    been disclosed, and it is unclear if its disappearance is linked to
    al-Qaeda’s increasingly powerful Yemeni branch, al-Qaeda in the
    Arab Peninsula”.’

    Read more…

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