Stock Market Trading > Bendigo Raises Mortgage Rates

Bendigo Raises Mortgage Rates

BENDIGO Bank has raised its variable home loan interest rate by 10 basis points, citing increased funding costs.

The new rate on Bendigo’s variable home and business loans will take effect on May 6.

Bendigo Bank spokesman Owen Davies said the increase was regrettable, but the bank had to sought to soften the impact of funding increases on customers.

Bendigo Bank lifts variable loan by 0.1%
Bendigo Bank Ltd has raised its variable home loan interest rate by 10 basis points, citing increased funding costs.

Bendigo raises rates to high of 9.65%
THE financial pressures on heavily indebted home-owners continue to build after one of the leading regional banks yesterday lifted its mortgage interest rate to a high of 9.65 per cent - well ahead of the domestic banking pack.
Sydney Morning Herald Business

Lending Money Below the Inflation Rate
Lending money below the inflation rate…giving out money you don’t have, when you are already so deep in debt you will never get out – how could any of this be good for the real economy? But by this time we are so far into Never-Never Land that we will never find our way back.

May 3, 2008

Allco Finance

Allco to Post $1.4 Billion Loss as Cost of Writedowns, Asset Sales Mount
Allco Finance Group Ltd. , the Australian asset manager that lost 90 percent of its market value the past year, forecast a full-year loss of A$1.5 billion as bankers pore over its plans to restructure debt.
Topix - 2:09 p.m. 01 May 08

Allco Finance, Worst Australian Stock This Year, Posts $1.4 Billion Loss
Allco Finance Group Ltd. , the Australian asset manager that lost 90 percent of its market value the past year, forecast a full-year loss of A$1.5 billion as bankers pour over its plans to restructure debt.
Topix - 11:38 a.m. 01 May 08

Allco to Post a A$1.5 Billion Loss in 2008 on Writedowns
Allco Finance Group Ltd ., an Australian asset manager that’s struggling to repay debt, said it will report a loss of more than A $1.5 billion ( $1.4 billion ) in fiscal …
Bloomberg - 10:23 a.m. 01 May 08

May 2, 2008

Australian Banking Sector Update

Here is an update on the Australian banking sector provided by Australian market analyst UBS.

Australian Banking Sector- Credit growth - is this the tipping point? March credit growth: 0.8%: business 0.9%, personal -0.2%, housing 0.8%: March system credit grew at 0.8%; driven by: (1) good headline growth in business lending 0.9%, although higher due to Feb revision down from 0.5% to 0.3%, (2) sharp slowing in personal credit growth - .2%, the second negative month this yr, (3) housing credit growth stable at 0.8%, with non-banks share continuing to slow.

My Share Trading - Australian Share Trading Blog & News

Price Earnings Ratio

P/E = Price / Earnings or Price per share / Earnings per share.

Present Value of Growth Opportunities (PVGO) is another alternative method for stock valuation. Present value of growth opportunities is calculated by finding the difference between price of equity with constant growth and price of equity with no growth.

    PVGO = P(Growth) - P(No growth) = [D1/(r-g)] - E/r

where

    P  = Price of equity
    D1 = Dividend for next period
    r  = Cost of Capital
    E  = Earning on equity

The P/E ratio (price-to-earnings ratio) of a stock (also called its “earnings multiple”, or simply “multiple”, “P/E”, or “PE”) is a measure of the price paid for a share relative to the annual income or profit earned by the firm per share.

A higher P/E ratio means that investors are paying more for each unit of income. It is a valuation ratio included in other financial ratios.

The reciprocal of the P/E ratio is known as the earnings yield.

April 10, 2008

Money Masters

Money Masters Video Promotion.

Who is performing?

  • Nik Halik - Do what ever it takes!
  • Johnny Wimbrey - Create wealth with your mind
  • John Childers - Revealinbg the secrets!
  • Bob Proctor
  • Warren Black - Who is seriuos about making money?
  • Marshall Sylver
  • David Cavanagh
  • Adam Ginsberg - Successful people take action
  • Rick Otton
  • Peter Bland - Leaderships about making critical desicions at crital moments
  • Loral Langemeir - Millionaire status and double it!
  • Tom Hopkins
  • Stephen Pierce - Advance our positions!
  • Mike Filsaime
  • Adam Ginsburg

For a limited time only, you now have the ultimate opportunity to reward  yourself with the most informative and exclusive Mind and Wealth Prosperity events with Money Masters. Real people, real money, real results! Imagine How *Your* Life and Finances Will Be After You Are Personally Trained By The World’s Top Entrepreneurs For 3 Solid Days. This exclusive invitation may very well be the SHORT-CUT discovery you’ve been waiting for. The Greatest Investing, Business and Entrepreneurial opportunity ever imagined Never before has a more switched on group of Investment Money Masters gathered together in one venue to reveal the exact wealth strategies used to create wealth for themselves and their family. Let me prove it to you. Wealth is your destiny…so please, settle back in your favourite chair and  discover exactly how to claim it. I promise you’ll find the next few minutes time well spent.

April 9, 2008

Ice TV - is ICETV for REAL?

ICE TV IS :: The Australian free-to-air electronic program guide (EPG) for media centers and personal video recorders (PVRs).

The entertainment, video and multimedia market is undergoing sweeping changes. It is currently characterised by an expanding product offering, which nevertheless remains highly heterogeneous due to the fact that it covers devices from fields that were previously separate. At the heart of a digital home is the technical concept known as the Media Centre.

It combines Digital Video Recorder (DVR), also referred to as Personal Video Recorder (PVR), home networking, CD and DVD playback and MP3. Cable TV operators, telcos, consumer electronics and IT companies are all vying for the Media Centre business for the Digital Home. Progress in this market will continue to evolve with more mass market developments expected from 2008 onwards. In 2005 Foxtel launched its new DVR and free-to-air DVRs are now available at selected retailers. Austar is set to launch its DVR in 2007. The key to the success for DVRs is the EPG.
 

March 24, 2008

Nik Halik Trading Resources

“Very enlightening. Nik Halik has been passionate, knowledgeable and consistent in the strategies and psychology of trading. My best trade this year has been NAB – 500% profit – YES!!”
Roger Kapitza - Adelaide Trader

“It is technical – so technical that even a 6 year old could understand. My financial security is guaranteed – it’s as simple as that!”
Andrew Maciver - Canberra Trader

NIK: Before we jump into this thing with both feet… lets get acquainted. Maybe I should tell you a little about myself. Well, I’m a professional investor who established Financial Freedom Institute ( FFI ) in 2001, and since that time (FFI) has been catapulted to the forefront of the financial education field throughout Australasia.    Originally the company was formed to provide an astute, conducive, friendly environment where the financial learning process was entertaining and paced to suit the novice and more advanced investor.

   With over 16 years experience as a global stock market investor, trader, property entrepreneur and international facilitator, it became obvious to me, that investors seeking wealth by attending programs to educate themselves, were often disillusioned when promises of educational support did not materialise and was not honoured.

   The creation of the following Benchmark Philosophy of FFI was therefore developed to fill the void and encompass the following areas, bearing in mind the need for constant improvement and progressive thinking as the Global marketplace dictated.

Profited $14,000 In 1 Day, Then Turned It Into $34,000.

    On one day trade with CBA I profited $14,000 and in 3 days, I turned that amount into $34,000 when going ex-dividend, a trade on NAB where I turned $9,000 into $25,000 only took five days. BHP trade in two days, I took $21,000 and turned it to over $38,000+. All paper work is there to verify trades. It all comes down to knowledge and understanding and using a proven system that works and to believe in yourself. And I have Nik Halik to thank for showing me another path in life, the rest is up to me to take this journey as far as I can knowing I have support along the way.

February 11, 2008

Photon acquires Naked

In a stunning piece of acquisition action, Photon Group Limited (ASX: PGA )has acquired independent planning shop, Naked Communications. There is currently no announcement of the acquisition lodged with the ASX, but according to sources, the deal includes an initial upfront cash payment of £16.5 million.

Photon entered a trading halt last night, and are expected to resume this morning according to an ASX filing. 

February 5, 2008

Space Adventures - Nik Halik

Australian entrepreneur Nik Halik and investment wealth strategist Nik Halik.

Today, Space Adventures, Ltd., the world s leading space experiences company, announced that Nik Halik of Australia has been chosen to train as the back-up crew member alongside our orbital spaceflight candidate, famed game developer and son of former NASA astronaut, Richard Garriott, who is currently planning a mission to the International Space Station (ISS) in October.

 Through his participation as a back-up crew member, Nik will experience first-hand how our clients train for spaceflight and he, himself, will be certified as a  fully-trained cosmonaut  and will be named to an official space mission crew, a distinction that less than 1,000 people have ever had,  said Eric Anderson, president and CEO of Space Adventures.

 I am thrilled to be chosen as Richard s back-up. I have dreamed of flying to space ever since I was a young boy. I watched recordings of Neil Armstrong s first steps on the moon s surface and I vowed to follow,  said Nik Halik.  The space station will be my first stop, with my eyes focused on the moon.

 Not only is Nik a successful entrepreneur, but he is also an avid adventurer. Among his various expeditions, he was one the first Australians to dive down five miles and land on the bow of the Titanic and he will be the first civilian from Australia to travel to space,  added Mr. Anderson.

 Nik and I have similar exploratory backgrounds and we ll have many stories to share during our time together in Star City. I look forward to train with him because not only is it meant to prepare myself for flight, but also to prepare Nik for his future flight. I definitely will be on-hand for his eventual launch to space,  said Mr. Garriott.

The price of the program is $3,000,000 (USD) which includes the required spaceflight training costs, along with accommodations in Star City and other training locations.

About Nik Halik:

Nik Halik, born in Australia to Greek immigrant parents, is the CEO and founder of several companies including Financial Freedom Institute and Money Masters. As an international wealth strategist, he has conducted over 100 ‘Mind and Wealth Prosperity’ conferences globally and mentored investors in maximizing their wealth accumulation. His latest book that will be published and globally released in March 2008, “The Thrillionaire”, is an autobiography that also provides astute investment strategies. Mr. Halik is also an adventurer. He has lead expeditions to Antarctica, Africa and the Amazon with his adventure company, ADVENTURE ODYSSEY. Mr. Halik is a mountaineer, having summited several of the highest peaks in the world with an Everest climb planned for 2009. Nik is also an avid stormchaser in the U.S. Midwest s Tornado Alley. He is 38 years-old and resides amongst his homes in the Greek Islands, Morocco and Australia.

About Space Adventures:

Space Adventures, the company that organized the flights for the world s first private space explorers: Dennis Tito, Mark Shuttleworth, Greg Olsen, Anousheh Ansari and Charles Simonyi, is headquartered in Vienna, Va. with an office in Moscow. It offers a variety of programs such as the availability today for spaceflight missions to the International Space Station and around the moon, Zero-Gravity flights, cosmonaut training, spaceflight qualification programs and reservations on future suborbital spacecrafts.

 

Nik Halik Market

Nik Halik’s next buzz will take him out of this world. Through a company called Space Adventures, he has been working his way through a Russian space training program. He has already flown to the edge of space, 32 kilometres above Earth (average cruising altitude for a Qantas plane is about 14 kilometres) and experienced zero gravity. Late next year, he is booked in for a suborbital flight, 100 kilometres up. His ultimate goal is to fulfil a childhood dream of visiting the International Space Station (ISS).

From the age of four he was obsessed with being an astronaut; by 12 his dream was shattered by failing maths and physics, prerequisites for a space career. But in 2001 the flame was rekindled when the American businessman Dennis Tito became the first space tourist, paying $US20 million ($28 million) to travel to the ISS. By that time Halik had become wealthy through property and stock investment; at 29 he calculated he must be a millionaire, a discovery he says was “very anticlimactic”.

By his own admission Halik is easily bored. “I need to do crazy things to fill my life, otherwise I feel my life is too complacent.”

Previously he got his kicks by running with the bulls in Pamplona and camping out with Bedouins in North Africa.

But space, as they say, is the final frontier. “I’m over Earth, I really am,” says Halik. “I’d love to be part of the first contingent to colonise the moon. Very few people in the world have ever done what I’m doing. It’s exciting and dangerous and I’m addicted to it.”

The truth is, very few have the money required to do what he’s doing. Including next year’s sub-orbital flight, Halik will have spent about $250,000 on his space adventures. He’s not sure precisely how he’ll raise the money for the final space station journey. “Hopefully the price will come down.”

Though Halik is an extreme example of the modern quest for unique challenges, he illustrates one of Mortimer’s points. “These are the pursuits of affluent nations,” he says. “If you’re struggling to find your next meal you’d be less interested in climbing to the top of a mountain. And you couldn’t afford it.”

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