Kardan Terug naar discussie overzicht

Volume vandaag..

1. bouwdroger 6 oktober 2008 23:20

   auteur info

   • bouwdroger

     Lid sinds: 05 okt 2005

     Laatste bezoek: 25 feb 2025

   • Aanbevelingen

     Ontvangen: 653

     Gegeven: 812

   •    Aantal posts: 2.386

   wat was het vandaag een bloedbad voor kardan...heeft zelf even op -26% gestaan.....bezit op dit moment geen aandelen maar de verleiding was er wel toen hij de 3,80 aantikte....maar denk dat er morgen nog wel de 3,20 op de borden komt te staan. Voor iedereen die nog aandelen van kardan bezit. sterkte ;-/
   een welgemeende groet,
   tom
2. [verwijderd] 7 oktober 2008 17:19

   auteur info

   • [verwijderd]

     Lid sinds: 01 jan 0001

     Laatste bezoek: 01 jan 0001

   • Aanbevelingen

     Ontvangen: 0

     Gegeven: 0

   •    Aantal posts: 0

   quote:

   bouwdroger schreef:

   wat was het vandaag een bloedbad voor kardan...heeft zelf even op -26% gestaan.....bezit op dit moment geen aandelen maar de verleiding was er wel toen hij de 3,80 aantikte....maar denk dat er morgen nog wel de 3,20 op de borden komt te staan. Voor iedereen die nog aandelen van kardan bezit. sterkte ;-/
   een welgemeende groet,
   tom
   

   Wacht ook nog, heb teveel verlies met ben nl. geen goeie daytrader. Verder blijft de malaise, en blijft Kardan kwetsbaar, met paar 4000 stuks staat hij zoweer bijna
   € 1 lager.
3. [verwijderd] 7 oktober 2008 21:22

   auteur info

   • [verwijderd]

     Lid sinds: 01 jan 0001

     Laatste bezoek: 01 jan 0001

   • Aanbevelingen

     Ontvangen: 0

     Gegeven: 0

   •    Aantal posts: 0

   Bank of Israel makes surprise interest rate cut
   The 50 basis point interest rate cut by Governor of the Bank of Israel Prof. Stanley Fischer will take effect from October 12.
   Globes' correspondent7 Oct 08 16:08
   In an unusual move, the Bank of Israel has cut the interest rate by 50 basis points to 3.75%. The cut was in between the monthly interest rate decisions.
   The central bank announced that the decision was in response to sharp rise in uncertainty in global financial markets, and fears that it may reach Israel's markets.
   
   The bank warned, "The chances of a slowdown in Israel's rate of economic growth in the near future have risen. The current reduction in the interest rate will act to strengthen the economy's ability to meet the challenges confronting it."
   
   The Bank of Israel also listed several other considerations that led to its decisions, including expected lower inflation as a result of falling commodity prices due to a global economic slowdown.
   
   Another reason given for the rate cut was volatility domestic financial markets.
   
   Published by Globes [online], Israel business news - www.globes-online.com - on October 7, 2008
   
   © Copyright of Globes Publisher Itonut (1983) Ltd. 2008
   
   
4. [verwijderd] 7 oktober 2008 21:26

   auteur info

   • [verwijderd]

     Lid sinds: 01 jan 0001

     Laatste bezoek: 01 jan 0001

   • Aanbevelingen

     Ontvangen: 0

     Gegeven: 0

   •    Aantal posts: 0

   Nu maar hopen wat er vandaag bij kwam er morgen niet weer af gaat.
   ECB zal de rente ook wel verlagen
   maar blijft toch TRIKKIE met Kardan.
   Sucses.
   
   gr zz
5. [verwijderd] 18 oktober 2008 16:58

   auteur info

   • [verwijderd]

     Lid sinds: 01 jan 0001

     Laatste bezoek: 01 jan 0001

   • Aanbevelingen

     Ontvangen: 0

     Gegeven: 0

   •    Aantal posts: 0

   Vraagje zij er er banken omgevallen in Israel.???
6. [verwijderd] 18 oktober 2008 17:05

   auteur info

   • [verwijderd]

     Lid sinds: 01 jan 0001

     Laatste bezoek: 01 jan 0001

   • Aanbevelingen

     Ontvangen: 0

     Gegeven: 0

   •    Aantal posts: 0

   Fischer: Our situation is better than I expected
   Governor of the Bank of Israel Stanley Fischer reassures about Israel's banks and economy.
   Eran Peer, Avi Temkin and Ron Stein12 Oct 08 17:39
   On the eve of the annual meetings of the IMF and World Bank in Washington DC, at the height of the worst financial crisis since 1929, and with bourses around the world crashing, Governor of the Bank of Israel Stanley Fischer, in a special interview with "Globes", radiates calm and control. "Certainly, Israel will be hit," he says, "we live in the world and we're not an island, but our situation is relatively good, and better than I expected."
   All the same, at the end of last week Fischer indicated through his actions that the danger is more threatening than ever, even to the local market. He cancelled his planned trip to the prestigious gathering in Washington, and decided to stay in Israel, as close as possible to events here, without time differences and the flight time home.
   
   "I thought it was right to stay with my finger on the pulse at this time," Fischer explains.
   
   But that wasn't the only step he took. Just before Yom Kippur, Fischer cut the Bank of Israel's key interest rate 0.5%, as part of a coordinated reduction in interest rates by central banks around the world. This was because "since the previous interest rate decision, the global financial crisis had become much worse," Fischer says. "Given the consequences of the crisis for the local market, the chances of a slowdown in the economy in the near future grew. The decision to cut interest rates arose from the need to act to strengthen the economy's ability to deal with the challenges facing it."
   
   Globes: Why is there no deposit insurance in Israel?
   
   Fischer: "If you look at deposit insurance around the world, you see that governments can't meet the insurance programs. Insurance is good in the event of a crisis at a single bank. In a routine situation, it's possible, but when there's a general crisis as there is now, it turns out that deposit insurance is never high enough. When crises happened in recent years in Israel, the government and the Bank of Israel intervened, and people did not lose all their deposits."
   
   What is the condition of the Israeli economy going into the crisis?
   
   "The Israeli banking system is not exposed to the problems of the banks overseas. We are entering the crisis in a good position, and that shouldn’t be forgotten. It's easy to say, wow!, the world is crashing, but you have to ask where the effects will be and how they should be treated. For example, what will we do if there's a fall in growth? We are preparing for that, and we'll be ready to use the tools that we and the Ministry of Finance have."
   
   And is there a fear that an Israeli bank might collapse?
   
   "Israel's banks are in a strong position, and the Bank of Israel is ready to support them. Sometimes, the way the public behaves causes something to happen, and that's a question of providing liquidity. If a need arises to provide liquidity, we will do so that's our role. Will everyone who wants to sell be able to sell quickly at the price he wants? That's hard to promise, and there will be those who will have to sell quickly and for less money."
   
   There is a lack of trust over the real extent of the Israeli banking system's exposure to global problems. Every time some institution collapses, it turns out that the Israeli banks are damaged to some degree.
   
   "We have detailed information about the overseas exposure of the banks. Someone in "The Marker" supplement wrote that 'finally the Supervisor of Banks has woken up and asked for data.' That's utter nonsense. We have all the data, all the time. We routinely receive data quarterly, and now we have switched to daily reporting. Our banks are robust."
   
   The financial crisis has caught Israel is the midst of a political crisis. It isn't clear whether a government will be formed, and who will be minister of finance. There is a fair possibility of elections, and the fate of the 2009 budget is also unclear. "There is political noise as there is everywhere, perhaps a little more so in Israel, and that doesn't contribute to the economy," Fischer says with Anglo-Saxon understatement. "But despite all the political changes of the past few years, the government's fiscal policy has remained fairly stable, and in the past six years, the results have been good."
   
   Is the Finance Ministry's 3.5% growth target for 2009 realistic?
   
   "The budget is perhaps not realistic in relation to the expected rate of growth, but in any event I would recommend letting the automatic stabilizers do their jobs. We face a great deal of uncertainty over what will happen in the US economy, and so to start producing forecasts is unreasonable."
   
   How will inflation develop?
   
   "I believe inflation will start to fall. There are a few more months of high inflation in the pipeline, and from the beginning of 2009 I expect it will start to fall."
   
   Where is the shekel-dollar exchange rate headed? Are you still ready for a situation in which it falls below three shekels to the dollar?
   
   It's hard to estimate the effect of the step being taken in the US on the dollar. If they don’t succeed with the plan, that will be a big problem for the dollar, and it could be that more financial institutions will collapse. If the plan succeeds, the supply of US Treasury bonds will grow, and that will also have an effect. It's clear that, as long as the financial situation in the US continues to be severe, the shekel will strengthen, because Israelis' natural refuge is the dollar, and if they start to think that the dollar is less safe, they'll come back home to the shekel. It's impossible to give a projection. We expected that the appreciation of the shekel would hit exports and that imports would rise, but, for now, that hasn't happened; if there's a drop in exports, it's very small."
   
   You will soon reach the currency reserves target you set of $40 billion. Will the planned purchases of dollars continue?
   
   "We will reach the target at the beginning of December, and then we'll decide."
   
   Fischer sees the measures taken by governments in appositive light. "In a financial crisis, you must first stabilize the situation," he explains. "Even the US has nationalized. The loan given to AIG is nationalization, with the government imposing a break-up of the company and holding 80% of the shares. In Europe, no-one feels comfortable with nationalization, and so the Dutch and Belgian governments will sell Fortis as fast as possible."
   
   Are we now in a situation similar to that of May 1930, when the world's banks collapsed one after another? Can you see a similar scenario today?
   
   "In 1983, in his thesis, current Federal Reserve Bank chairman Ben Bernanke wrote about the Great Depression, and argued that the crisis did not come about because of a fall in the money supply, but because the system of bank credit collapsed. One can therefore presume that the person who heads the Fed today recognizes the importance of credit. In the 30s, they didn't understand this, but today they do understand the risks of a credit crisis. On the other hand, the system is now far more complicated, and so more ambitious steps are required."
   
   Will the world slide into a prolonged depression?
   
   "We have been talking only about the financial side, but there's a real side. Up to now, the slowdown in growth is small,
7. [verwijderd] 19 oktober 2008 21:50

   auteur info

   • [verwijderd]

     Lid sinds: 01 jan 0001

     Laatste bezoek: 01 jan 0001

   • Aanbevelingen

     Ontvangen: 0

     Gegeven: 0

   •    Aantal posts: 0

   Mooi slot vandaag op TAse:
   
   2200 +13,55%
   
   = € 4,47
   
   Morgen en dinsdag dicht.
8. [verwijderd] 19 oktober 2008 22:52

   auteur info

   • [verwijderd]

     Lid sinds: 01 jan 0001

     Laatste bezoek: 01 jan 0001

   • Aanbevelingen

     Ontvangen: 0

     Gegeven: 0

   •    Aantal posts: 0

   Welke Feestdag is het nu weer dan. ?
   
   Sorry hoor,
   Hier is het al 3 weken de dunne aan de broek.
   
   Dus knoppen te kort (AEX) enzvr
   
   HA HA
   
   WIL OOK EFFE VRIJ !!!!!!!!!!!
9. [verwijderd] 19 oktober 2008 23:33

   auteur info

   • [verwijderd]

     Lid sinds: 01 jan 0001

     Laatste bezoek: 01 jan 0001

   • Aanbevelingen

     Ontvangen: 0

     Gegeven: 0

   •    Aantal posts: 0

   "Credit crunch will hit Israel in 2009"
   A senior regulator said Israel's banking system will be unable to finance the country's business sector by itself.
   Eran Peer and Tamar Koblenz19 Oct 08 19:02
   "Israel is likely to face a credit crunch in 2009," a senior regulator predicts.
   The official believes the country's banking system will be unable to finance the business sector's credit needs on its own, and the situation will be aggravated further when the government starts borrowing on the credit market to cover its own requirements.
   
   One of the likely outcomes of the crisis will be the inability to finance large infrastructure projects which depend on foreign capital, such as the Tel Aviv light railway project. In addition, the regulator feels the corporate bond market is failing, thereby causing a vicious cycle. "The fall in bond prices is harming provident fund returns, which in turn are seeing large withdrawals. To cover these, the funds are having to sell corporate bonds, sending their prices down yet again," he says.
   
   "Although the Israeli banking system has been conservative and cautious, maintaining a high level of capital adequacy, and keeping its leverage low, compared with that of European and US banks, the crisis we will find ourselves with is one hundred percent imported, and we will have to deal with it," said officials in Jerusalem.
   
   The crisis will be affected by a number of factors:
   
   The closure of overseas credit lines given to Israeli firms following the onset of the difficulties in the global financial system, which will lead these firms to look for alternative financing in Israel itself.
   A marked increase in provisions for doubtful debts, sometimes twofold or threefold, as a result of the slowdown, the dire state of firms, and a reticent banking sector. Government officials believe provisions could reach a rate of 0.8%, compared with 0.28% in 2007. Raising provisions will harm the banks' profitability and their ability to increase the credit they offer.
   Individual and group borrower limits - The banks are now close to the limits on lending, and will therefore find it difficult to grant more credit to the big borrowers ("tycoons").
   Sector credit caps - Some banks are also now close to the 20% limit on credit they can extend to sectors such as real estate.
   The need to recycle the extensive non-bank credit given in 2005-2007. Since the capital market has now dried up and there are no offerings, refinancing an issued bond is impossible, except through the banking system. Studies show that redemptions are likely to reach NIS 12 billion in 2009 and even higher in 2010.
   Published by Globes [online], Israel business news - www.globes-online.com - on October 19, 2008
   
   © Copyright of Globes Publisher Itonut (1983) Ltd. 2008
   
   
10. [verwijderd] 22 oktober 2008 18:07

    auteur info

    • [verwijderd]

      Lid sinds: 01 jan 0001

      Laatste bezoek: 01 jan 0001

    • Aanbevelingen

      Ontvangen: 0

      Gegeven: 0

    •    Aantal posts: 0

    LOL.
    
    www.youtube.com/watch?v=ddhVSQlExYE&f...
    
    gr zz
12. [verwijderd] 22 oktober 2008 23:14

    auteur info

    • [verwijderd]

      Lid sinds: 01 jan 0001

      Laatste bezoek: 01 jan 0001

    • Aanbevelingen

      Ontvangen: 0

      Gegeven: 0

    •    Aantal posts: 0

    
    
    JPost.com » Business » Business Features » Article
    
    
    Oct 22, 2008 9:47 | Updated Oct 22, 2008 10:04
    What's New in the EU: European Commission guides members looking to save their bank
    
    
    Talkbacks for this article: 0
    
    The global financial crisis has has impacted heavily on the EU banking sector. Over and above specific problems related to the US mortgage market and mortgage-backed assets, or linked to losses stemming from excessively risky strategies of individual banks, there has been a general erosion of confidence in the past month within the banking sector.
    
    The pervasive uncertainty about the credit risk of individual financial institutions has dried up the market of interbank lending and has consequently made access to liquid funds progressively more difficult for financial institutions across the board.
    
    The current situation threatens the existence of individual financial institutions with problems that are a result of their particular business model, or business practices whose weaknesses are exposed and exacerbated by the crisis in the financial markets.
    
    If such institutions are to be returned to long-term viability rather than liquidated, a far-reaching restructuring of their operations will be required.
    
    Under the prevailing circumstances, the crisis equally affects financial institutions that are fundamentally sound and whose difficulties stem exclusively from the general market conditions which have severely restricted access to liquidity. Long-term viability of these institutions may require less substantial restructuring.
    
    In any case however, measures taken by EU member states to support institutions operating within their national financial market may favor these institutions to the detriment of others operating within that member state or in other member states.
    
    
    
    Consequently, the European Commission has published guidance on how member states can best support financial institutions in the current financial crisis while respecting EU state aid rules, and so avoiding excessive distortions of competition.
    
    The guidance is based in particular on EC Treaty rules allowing for aid to remedy a serious disturbance in the economy of a member state (Article 87.3.b of the EC Treaty).
    
    The guidance is hoped to help member states to put in place coordinated concrete measures to restore confidence in financial markets in accordance with the 12th October Eurogroup declaration.
    
    EU state aid rules require that measures taken do not give rise to disproportionate distortions of competition, for example by discriminating against financial institutions based in other member states or allowing beneficiary banks to unfairly attract new additional business solely as a result of the government support.
    
    Other requirements include that measures must be limited in time and foresee adequate contributions from the private sector.
    
    The ECOFIN Council on October 7 adopted conclusions committing to take all necessary measures to enhance the soundness and stability of the banking system in order to restore confidence and the proper functioning of the financial sector.
    
    The recapitalization of vulnerable systemically relevant financial institutions was recognized as one means, among others, of appropriately protecting the depositors' interests and the stability of the system.
    
    It was further agreed that public intervention has to be decided on at national level, but within a coordinated framework and on the basis of a number of EU common principles.
    
    On the same occasion the commission offered to shortly issue guidance as to the broad framework within which the state aid compatibility of recapitalization and guarantee schemes, and cases of application of such schemes, could be rapidly assessed.
    
    Given the scale of the crisis, which is now threatening even fundamentally sound banks, the high degree of integration and interdependence of European financial markets, and the drastic repercussions of the potential failure of a systematically relevant financial institution further exacerbating the crisis, the Commission recognizes that Member States may consider it necessary to adopt appropriate measures to safeguard the stability of the financial system.
    
    Due to the particular nature of the current problems in the financial sector, such measures may have to extend beyond the stabilization of individual financial institutions and include general schemes.
    
    The commission's guidance (in the form of a Communication) indicates how the commission intends to apply EC Treaty state aid rules to state support schemes and individual assistance for financial institutions in the current crisis.
    
    Support schemes such as guarantees or recapitalization schemes can be cleared by the commission very quickly if they fulfill conditions which guarantee that they are well-targeted and proportionate to the objective of stabilizing financial markets and contain certain safeguards against unnecessary negative effects on competition.
    
    The specific conditions include:
    
    Non-discriminatory access, to protect the functioning of the Single Market by making sure that eligibility for a support scheme is not based on nationality;
    
    State commitments to be limited in time in such a way that it is ensured that support can be provided as long as it is necessary to cope with the current turmoil in financial markets, but will be reviewed and adjusted or terminated as soon as improved market conditions so permit;
    
    State support to be clearly defined and limited in scope to what is necessary to address the acute crisis in financial markets, while excluding unjustified benefits for shareholders of financial institutions at the taxpayer's expense
    
    An appropriate contribution of the private sector by way of an adequate remuneration for the introduction of general support schemes (such as a guarantee scheme) and the coverage by the private sector of at least a significant part of the cost of assistance granted;
    
    Sufficient behavioral rules for beneficiaries that prevent an abuse of state support - for example, expansion and aggressive market strategies on the back of a state guarantee;
    
    An appropriate follow-up by structural adjustment measures for the financial sector as a whole and/or by restructuring individual financial institutions that had to rely on state intervention.
    
    The observance of these principles, including in individual aid measures, will have to be ensured by member states and will be monitored by the commission.
    
    The Commission is available to advise member states, on the basis of this guidance, on how best to tailor national measures to comply with EU state aid rules in advance of finalization of a particular scheme.
    
    
    
13. [verwijderd] 22 oktober 2008 23:18

    auteur info

    • [verwijderd]

      Lid sinds: 01 jan 0001

      Laatste bezoek: 01 jan 0001

    • Aanbevelingen

      Ontvangen: 0

      Gegeven: 0

    •    Aantal posts: 0

    
    JPost.com » Real Estate » Article
    
    
    Sep 18, 2008 10:11 | Updated Sep 18, 2008 10:17
    Real estate downturn is not global in scope - FIABCI head
    By JOHN BENZAQUEN
    
    During a visit to study the real estate market in Israel, Julian Josephs, President of the International Real Estate Federation (FIABCI), speaks to The Jerusalem Post in an exclusive interview about the housing crisis in the US and its implications for the global market.
    
    JULIAN JOSEPHS, president of the FIABCI, is not surprised about the high price tag for development projects such as the 96 Hayarkon project.
    Photo: Courtesy
    The FIABCI is a world wide organization representing real estate operators in all fields, brokerage, architects, builders property developers lawyers etc.
    
    What is the extent of the current real estate crisis?
    
    The present real estate crisis is not global and it will pass. Every crisis ends at some point in time. In a market economy there is no such thing as a permanent crisis. It is all a question of supply and demand and of the business cycle syndrome. It is true that in the current period it is also influenced by the subprime mortgage crisis but the financial problems of the industry are affecting supply and demand and this is what counts. At the moment supply is greater than demand and in consequence prices are falling. This situation is likely to resolve itself in the future but I do not know when exactly because the current evolving economic crisis will affect demand for real estate through 2009. I do not think prices will recover quickly but they will recover.
    
    Is the current downfall in real estate a global phenomenon or central to specific countries?
    
    The epicenter of the current real estate crisis is in the US. I cannot be sure if it will spread to other countries. That depends on how the current financial crisis develops. Demand and supply for real estate is not only influenced by nation wide or global influences it is also influenced by local developments Thus for example Paris had ten bad years. It was impossible to sell property, demand was lousy and prices dropped accordingly. In contrast in the past two years demand is higher than supply and it is practically impossible to find an apartment. The same holds true for Washington DC. Demand was weak in the past years but I have reason to believe that with the new administration demand will harden because there will be many new faces in Washington and they all need accommodation. In The US as a whole prices are falling but prices in New York are holding steady. But having said this I wish to stress that from an investment perspective real estate should be viewed as a long term proposition.
    
    
    
    Is it true that real estate price trends in various places in the world may be unconnected? what are the expected trends in the world?
    
    In the US prices are falling down the board with the exception of some isolated places. But in my opinion this was to be expected because prices had been rising for a number of years.
    
    The same holds true for London, prices in London have been falling for nearly three years after steadily rising earlier.
    
    From a global perspective I believe that the best investment opportunities are in China. In this vast country there are over 20 cities with a population of over 10 million people. There is a constant need for housing and if demand is strong prices are also strong. The same holds true for India. It has a growing population and an economy which is also growing strongly. The combination of both creates a potential win-win situation for real estate. I also believe that Panama offers good investment opportunities for real estate.
    
    But what about Israel? Demand for real estate is strong and classy development projects like the Fair Fund project " 96 Hayarkon Street" are fetching sky high prices?
    
    Like I said before it is all a question of supply and demand. Even in a small country like Israel demand is not uniform, prices are rising in places like Tel Aviv and Jerusalem but are stagnant in some of the cities in the south and north of the country. Demand for real estate in Tel Aviv and other coastal towns is very much influenced by demand from Jews in the diaspora.
    
    Overseas demand which is pushing up prices is common in other places. Overseas demand for real estate in Dubai is strong and this affects prices. The same holds true for cities such as Cannes, Monaco or Gibraltar. With regard to the high level of demand and consequently the high prices of the 96 Hayarkon project that is easily understandable. It is uniquely designed with a Bauhaus façade housing ultra-modern apartments in an excellent location.
    
    Its location alone in the center of a large city opposite the sea would have ensured premium prices. If on top of this excellent location you have a reconstructed historic Bauhaus building - price is not an issue.
    
    
    
14. [verwijderd] 1 november 2008 20:27

    auteur info

    • [verwijderd]

      Lid sinds: 01 jan 0001

      Laatste bezoek: 01 jan 0001

    • Aanbevelingen

      Ontvangen: 0

      Gegeven: 0

    •    Aantal posts: 0

    Tjonge wat word de koers gedrukt nu !!
    Mogen nog niet los .
    
    Moet er gekocht worden tussen de 3.65 en 3.75 voor de beurs notering S&P ?
    
    Ben benieuwd wat er morgen gaat gebeuren .
    
    Hoop UP.
    
15. [verwijderd] 2 november 2008 11:39

    auteur info

    • [verwijderd]

      Lid sinds: 01 jan 0001

      Laatste bezoek: 01 jan 0001

    • Aanbevelingen

      Ontvangen: 0

      Gegeven: 0

    •    Aantal posts: 0

    Live rates at 2008.11.02 10:37:16 UTC
    1,890.00 ILS = 393.733 EUR
    Israel New Shekels Euro
    1 ILS = 0.208324 EUR 1 EUR = 4.80021 ILS
    Trade Currencies. Click here!!
    
16. [verwijderd] 3 november 2008 21:39

    auteur info

    • [verwijderd]

      Lid sinds: 01 jan 0001

      Laatste bezoek: 01 jan 0001

    • Aanbevelingen

      Ontvangen: 0

      Gegeven: 0

    •    Aantal posts: 0

    3e Kwartaalcijfers 2008 30-11-2008
    ziet er goed uit morgen ga ik kardan aanschaffen
17. [verwijderd] 23 november 2008 20:34

    auteur info

    • [verwijderd]

      Lid sinds: 01 jan 0001

      Laatste bezoek: 01 jan 0001

    • Aanbevelingen

      Ontvangen: 0

      Gegeven: 0

    •    Aantal posts: 0

    HomePage
    Enlarge font Reduce font
    Sun: Banks drag TASE sharply lower
    The Tel Aviv 25 Index moved below 600 points as Bank Hapoalim fell 7.9% and Bank Leumi slumped 9.7%. Israel Chemicals gave up 9.5% but Makhteshim Agan was up 4.5%.
    Yael Schwartzbart23 Nov 08 18:56
    The Tel Aviv Stock Exchange (TASE) fell today. The Tel Aviv 25 Index fell 6.57% to 592.07 points; the Tel Aviv 100 Index lost 6.59% to 517.73 points, while the Tel Tech Index fell 5.82% to 115.92 points. Turnover totaled NIS 1.051 billion.
    Trading on Wall Street ended last week on a positive note, spurred on by the announcement by President elect Obama of his choice for Treasury Secretary, New York Federal Reserve Bank chief Timothy Geithner, but the same could not be said for trading on the TASE today, with the leading indices slumping yet again. Trading on the bond market provided slight consolation, with the yield on Shachar series 217 bonds ending up 0.3% and the yield on series 2683 bonds rising 0.2%. Index linked bonds with the same duration also gained 0.3%.
    
    Bank stocks set the tone today, with the Banking Index sliding 8.5%. The two big banks, Bank Hapoalim (LSE: 80OA; TASE: POLI) and Bank Leumi (TASE: LUMI) accounted for the second and third largest volumes on the market. Bank Hapoalim sank 7.9% while Bank Leumi slumped 9.7%. The third largest bank, Israel Discount Bank (TASE: DSCT) also focused much interest, ending the day down 6.1%.
    
    In the chemicals sector, Israel Chemicals Ltd. (TASE: ICL) remained under pressure, giving up 9.5% by the close. The company is expected to unveil strong results in its third quarter financial report on Wednesday but is also likely to lower its guidance, as global commodity prices and demand for potash continue to nosedive. Israel Chemicals' prospects did not bode well for its parent, Israel Corporation. (TASE: ILCO), which lost a further 13.9% at the end of the session.
    
    MA Industries (Makhteshim Agan) (TASE: MAIN), on the other hand, rebounded 4.5%. Another member of the Tel 25 Index bouncing back today was VeriFone Holdings Inc. (Nasdaq: PAY; TASE: PAY), which opened the day with a positive arbitrage gap of 20%. The company climbed 12.4% today, after the earnings warning it issued on Thursday sent it crashing 50%. The third member of the Tel Aviv 25 Index staging a comeback today was Africa-Israel Investments Ltd. (TASE:AFIL; Pink Sheets:AFIVY.PK). It rose 1.4% and was also the sole ray of light in the battle-worn real estate sector, where the Tel Aviv Real Estate 15 Index only lost 5.3%.
    
    Housing and Construction Holding Co.(Shikun u'Binui) (TASE: HUCN) was one of those providing a drag on the real estate sector today. It gave up a further 7.4%, following its announcement on Thursday that it would make a NIS 30 million provision in the third quarter, for the loss in the value of the loans its subsidiary granted a group of landowners in a property deal.
    
    Published by Globes [online], Israel business news - www.globes-online.com - on November 23, 2008
    
    © Copyright of Globes Publisher Itonut (1983) Ltd. 2008
    
    
18. [verwijderd] 23 november 2008 20:47

    auteur info

    • [verwijderd]

      Lid sinds: 01 jan 0001

      Laatste bezoek: 01 jan 0001

    • Aanbevelingen

      Ontvangen: 0

      Gegeven: 0

    •    Aantal posts: 0

    
    
    Africa-Israel warns of large losses
    The company revalued property holdings in Israel and overseas.
    Erez Wollberg20 Nov 08 10:30
    Africa-Israel Investments Ltd. (TASE:AFIL; Pink Sheets:AFIVY.PK) has warned that it expects a third quarter loss of NIS 1.7-2 billion.
    The company said the loss is expected to stem from the revaluation of its property holdings in Israel and overseas. The company said it analyzed its property values in light of the worsening global financial crisis and its growing effect on the global economy.
    
    The company lowered the valuations on investment properties and housing units. The firm said the lower valuations effected properties in the US and Eastern Europe, especially Russia. Africa-Israel operates in Russia through AFI Development plc (LSE:AFID) which yesterday reported a net loss of $69.3 million on $9.1 million revenue for the third quarter.
    
    Africa-Israel subsidiary Africa-Israel Properties Ltd. (TASE: AFPR) also issues a profit warning, saying that it expected a loss of NIS 105-125 million.
    
    Trading in Africa-Israel's shares on the Tel Aviv Stock Exchange (TASE) has been halted, with the share down 12.6% to NIS 29 so far today. Trading was also halted in Africa-Israel Properties, which fell 18% in the morning.
    
    Sector genoot gaat ook niet echt lekker.
    Voorzichtig de cijfers af wachten voor mij.
    
    gr zz
19. [verwijderd] 24 november 2008 17:46

    auteur info

    • [verwijderd]

      Lid sinds: 01 jan 0001

      Laatste bezoek: 01 jan 0001

    • Aanbevelingen

      Ontvangen: 0

      Gegeven: 0

    •    Aantal posts: 0

    Zie geen slotkoers bij binck, 2,64 freeze?
    
    //wel 25%
20. [verwijderd] 26 november 2008 18:09

    auteur info

    • [verwijderd]

      Lid sinds: 01 jan 0001

      Laatste bezoek: 01 jan 0001

    • Aanbevelingen

      Ontvangen: 0

      Gegeven: 0

    •    Aantal posts: 0

    
    60% drop in accounting jobs
    CPA Institute president Reuven Schiff: I fear a wave of layoffs beginning in March 2009.
    26 Nov 08 11:03
    The number of job openings for CPAs has fallen 60% since mid-year, compared with the first half of 2008, the Institute of Certified Public Accountants in Israel reports. 30% of jobs offered through the CPA Institute have been suspended as firms abolished the positions because of the economic situation.
    The CPA Institute adds that salaries for company comptrollers and deputy comptrollers have been slashed 20-30% in the past three months, compared with 2007 and the first half of 2008.
    
    CPA Institute president Reuven Schiff said that the large CPA firms which audit 85% of Israel's public companies will be busy in the coming months auditing companies' full-year financial reports for 2008. These will be the first full-year reports since Israel adopted International Financial Reporting Standards (IFRS). He said that this work will keep layoffs at bay, but he warns that beginning in March 2009, "I fear a wave of layoffs, unless there is a drastic change in the economic situation."
    
    Schiff hopes that the economic situation will not result in reductions in CPAs' fees, which he says are already lower than in the West.
    
    Sources inform ''Globes'' that the drop off in hiring by CPA firms has resulted in flood of applications at the Israel Tax Authority from CPAs seeking jobs. These accountants have either been fired, or fear losing their jobs.
    
    Published by Globes [online], Israel business news - www.globes-online.com - on November 26, 2008
    
    © Copyright of Globes Publisher Itonut (1983) Ltd. 2008
    
    Gaat ook niet echt lekker daar.
21. [verwijderd] 22 december 2008 00:35

    auteur info

    • [verwijderd]

      Lid sinds: 01 jan 0001

      Laatste bezoek: 01 jan 0001

    • Aanbevelingen

      Ontvangen: 0

      Gegeven: 0

    •    Aantal posts: 0

    Sun: TASE lower on slowdown fears
    Real estate was again hit hard, the banks were down and Israel Chemicals lost ground. VeriFone was one of few companies to have a positive day.
    Ron Steinblatt21 Dec 08 18:56
    The Tel Aviv Stock Exchange (TASE) fell today. The Tel Aviv 25 Index fell 2.18% to 672.89 points, the Tel Aviv 100 Index fell 2.42% to 588.04 points, the Tel-Tech rose 0.05% to 134.89 points and the Real Estate Index fell 8.03% to 148.19 points. Turnover was very low at NIS 706,766 on the eve of the Hannuka holiday.
    There was no inter-bank trading in foreign currency today, but trading in options pointed to a 0.9% rise in the shekel-dollar exchange rate from the representative rate that was set on Friday to NIS 3.77/$.
    
    Article continues after advertisements
    The market was depressed today after Governor of the Bank of Israel Stanley Fischer gave an interview to "Bloomberg" at the weekend stressing that as 45% of Israel's GDP is in exports, the country would inevitably be impacted by the global recession. He declined to say whether the Bank of Israel plans lowering its current forecast of 1.5% growth in 2009.
    
    Leader Capital Market's forecast of the government deficit reaching 5% of GDP in 2009, and the tension along the Gaza border, only added to the market's lack of confidence.
    
    Real estate companies were the biggest losers today with Africa-Israel Investments Ltd. (TASE:AFIL; Pink Sheets:AFIVY) and Africa-Israel Properties Ltd. (TASE: AFPR) down 11.1% and 11.2% respectively. Housing and Construction Holding Co. Ltd. (Shikun u'Binui) (TASE:HUCN), controlled by Shari Arison, which today announced that it would fire 50 employees in the coming days, was 6.3% down.
    
    Israel Chemicals Ltd. (TASE: ICL) reversed some of last week's handsome gains, falling 3.85% on lower forecasts for potash sales. The news also dragged down the share of Israel Chemicals' parent company Israel Corp. (TASE:ILCO), which lost 4.8%.
    
    The banks had another difficult day with the banking index losing 3%. The four biggest banks all fell with Bank Leumi (TASE:LUMI down 3.8% and Bank Hapoalim (LSE: 80OA; TASE: POLI) and Mizrahi Tefahot Bank (TASE:MZTF) each down 2%. Israel Discount Bank (TASE:DSCT) recorded the steepest fall of the major banks with its share losing 4%.
    
    Bezeq Israel Telecommunications Company Ltd. (TASE:BZEQ) fell 2.4% even though a plan to expand its early retirement program in 2009 was greeted enthusiastically by analysts.
    
    VeriFone Holdings bucked the generally negative trend on the TASE today by climbing 15.7%. VeriFone's shares have risen an impressive 40% since the middle of last week following publication of its third quarter losses which were less than feared.
    
    Published by Globes [online], Israel business news - www.globes-online.com - on December 14, 2008
    
    © Copyright of Globes Publisher Itonut (1983) Ltd. 2008