We put our weekly update on our blog- a little bit delayed due to inaccessibility of WSE. The basket increased significantly its value over the last 10 days. It rose to 69.03 which is an increase of more than 5% since 22nd of July and this even taking in consideration all the turbulences on WSE and in SL.
The reason is easy to see. RDX has practically no free float. Apparently, one investor bought 100k of their remaining shares last week which represents 0.1% of all outstanding shares (100 millions) and was able to propel the share value up to 6.
As no announcements of RDX are coming along we wonder whether RDX is really worth 600'000'000 $L. Anyway, for the investors of LFB this is good news as if the up-going tendency is continuing we soon will reach the minimum barrier of 2% which means higher dividends for you.
Greetz
Casper Trebuchet
LEM, CEO
House of derivatives (LFB, LWI)
http://lemurinvest.blogspot.com
Tuesday, July 31, 2007
Saturday, July 28, 2007
Intermediary reporting for LEM/LFB/LWI
In accordance with WSE we have to report our business activitities which include our derivatives LFB and LWI.
However, it looks as our WSE account is wrecked due to technical problems which are minor we suppose but hinder us in doing our accounting properly.
Anyway, our regular reporting for LEM will occur on 31th July. For the time being we only can contest that we are on track and will pay a monthly dividend of .04 $L/share for LEM. A complete report will be produced on 2nd August together with the dividend payment.
For LFB and LWI it is almost impossible to come up with concrete statements as we are still struggling with the new WSE-system.
LFB and LWI got also trembled by the new LL gameing politicy, however, negative effects could be neutralized. Whether secondary effects of the LL-politicy will affect other business activites in SL like real estate it is still to early to conclude something.
LWI will not change its strategy as the index is reflecting the average market and gameing is part of it. We continue to apply our criteria to select titles as they were published on our blog (httP://lemurinvest.blogspot.com) independently whether they are active in the game industry or not.
Greetz
Casper Trebuchet
LEM, CEO
House of derivatives (LFB, LWI)
http://lemurinvest.blogspot.com
However, it looks as our WSE account is wrecked due to technical problems which are minor we suppose but hinder us in doing our accounting properly.
Anyway, our regular reporting for LEM will occur on 31th July. For the time being we only can contest that we are on track and will pay a monthly dividend of .04 $L/share for LEM. A complete report will be produced on 2nd August together with the dividend payment.
For LFB and LWI it is almost impossible to come up with concrete statements as we are still struggling with the new WSE-system.
LFB and LWI got also trembled by the new LL gameing politicy, however, negative effects could be neutralized. Whether secondary effects of the LL-politicy will affect other business activites in SL like real estate it is still to early to conclude something.
LWI will not change its strategy as the index is reflecting the average market and gameing is part of it. We continue to apply our criteria to select titles as they were published on our blog (httP://lemurinvest.blogspot.com) independently whether they are active in the game industry or not.
Greetz
Casper Trebuchet
LEM, CEO
House of derivatives (LFB, LWI)
http://lemurinvest.blogspot.com
Monday, July 23, 2007
LEM - dividend announcement
LEM will rise dividend from 0.02 to 0.04 $L/share.
Dividend paiment is on 1st of August.
Reporting for the month of July will be done on the same day.
Casper Trebuchet
LEM, CEO
House of derivatives (LFB, LWI)
http://lemurinvest.blogspot.com
Dividend paiment is on 1st of August.
Reporting for the month of July will be done on the same day.
Casper Trebuchet
LEM, CEO
House of derivatives (LFB, LWI)
http://lemurinvest.blogspot.com
Friday, July 20, 2007
Update
We adopted the charts which are available on http://lemurinvest.blogspot.com or http://www.slquotes.com/custom/lemur ... have a look!
Spot index references were taken on 18th July at 1pm SLT.
The following titles have been considered.
ALL
AMA
AMS
BOB
CBE
CIG
DDE
ETC
FDP
GCS
HCL
HOT
HUI
KJL
LEM
LGO
LLL
MDS
MYT
SBJ
SLM
SNL
THI
TMA
VGI
Remarks:
We choosed the following selection criterias:
(1) Market cap (> 1.5 million $L)
(2) Free float (> 20%)
(3) Market presence (since three month on the board)
(4) performance till now (weighted, dividend included = positive)
(5) Business idea
(6) Management skill, communication
(7) Economic branch the company is active in
Well, we all know Pareto's 80/20 rule and it should be better Casper’s 50/50 as the condition are not given to really apply those criteria. If you add a bit math and calculate the probability that our decisions are mathematically relevant please know that I already passed to the soothsayer's camp....lol...No seriously. Our index is not the truth of all truths its simply a way to collect data in a systematic way, interpret them logically and in relation to own business experiences and then publish them graphically to the public in order to create an actual image of the economy in SL.
To select the companies in accordance to our criteria list we had to lower the entry barriers.
Everybody is invited to beat the performance of WSE index (LWI) with his own portfolio! In the last four weeks the performance was >40% we hope that this will continue in the future.
As always I’m gladly answer all your requests and inquiries, just IM me.
And a last word to the notorious misspeller’s in SL. LWI is not a company it is an derivative which will expire in six month's time on 18th January 2008. This is quite a long time in SL.
Greetz
Casper Trebuchet
LEM, CEO
House of derivatives (LFB, LWI)
Spot index references were taken on 18th July at 1pm SLT.
The following titles have been considered.
ALL
AMA
AMS
BOB
CBE
CIG
DDE
ETC
FDP
GCS
HCL
HOT
HUI
KJL
LEM
LGO
LLL
MDS
MYT
SBJ
SLM
SNL
THI
TMA
VGI
Remarks:
We choosed the following selection criterias:
(1) Market cap (> 1.5 million $L)
(2) Free float (> 20%)
(3) Market presence (since three month on the board)
(4) performance till now (weighted, dividend included = positive)
(5) Business idea
(6) Management skill, communication
(7) Economic branch the company is active in
Well, we all know Pareto's 80/20 rule and it should be better Casper’s 50/50 as the condition are not given to really apply those criteria. If you add a bit math and calculate the probability that our decisions are mathematically relevant please know that I already passed to the soothsayer's camp....lol...No seriously. Our index is not the truth of all truths its simply a way to collect data in a systematic way, interpret them logically and in relation to own business experiences and then publish them graphically to the public in order to create an actual image of the economy in SL.
To select the companies in accordance to our criteria list we had to lower the entry barriers.
Everybody is invited to beat the performance of WSE index (LWI) with his own portfolio! In the last four weeks the performance was >40% we hope that this will continue in the future.
As always I’m gladly answer all your requests and inquiries, just IM me.
And a last word to the notorious misspeller’s in SL. LWI is not a company it is an derivative which will expire in six month's time on 18th January 2008. This is quite a long time in SL.
Greetz
Casper Trebuchet
LEM, CEO
House of derivatives (LFB, LWI)
Wednesday, July 18, 2007
Update -LWI on the WSE board
Just short.
LWI is on the board.
We thank everybody who gave us his confidence and his support... LWI25 rose almosr 50% in the last 4 weeks - we cannot promise but hope that this development will continue in the future especially if we think on the increasing economy in LL but also new interfaces to RL like WIC which will open new markets for WSE.
Our inquiry about the number of titles we should consider in our index gave a clear result.
100% of the 14 answers we got totally are going for an index with only 25 titles. We fully support this result and will adopt our chart accordingly.
We dropped LWI34 already form our chart in http://lemurinvest.blogsport.com or directly in http://slquotes.com/custom/lemur/ as you can see.
All titles in the index have been reviewed and the final spot values were taken on 1pm SLT of today 18th July
At the moment the needed technical changes are ongoing. As soon as done we let you know together with the list of companies.
Greetz
Casper Trebuchet
LEM, CEO
House of derivatives (LFB, LWI)
LWI is on the board.
We thank everybody who gave us his confidence and his support... LWI25 rose almosr 50% in the last 4 weeks - we cannot promise but hope that this development will continue in the future especially if we think on the increasing economy in LL but also new interfaces to RL like WIC which will open new markets for WSE.
Our inquiry about the number of titles we should consider in our index gave a clear result.
100% of the 14 answers we got totally are going for an index with only 25 titles. We fully support this result and will adopt our chart accordingly.
We dropped LWI34 already form our chart in http://lemurinvest.blogsport.com or directly in http://slquotes.com/custom/lemur/ as you can see.
All titles in the index have been reviewed and the final spot values were taken on 1pm SLT of today 18th July
At the moment the needed technical changes are ongoing. As soon as done we let you know together with the list of companies.
Greetz
Casper Trebuchet
LEM, CEO
House of derivatives (LFB, LWI)
Monday, July 16, 2007
LFB- Down again...is there any hope
The value of LFB basket shows only one tendency...downwards (compare with our blog http://lemurinvest.blogspot.com) . Is there any bottom line motivating the company owners of HCL, BNT, RDX and AIC to comment this situation because our figures don’t reflect their reality or is this situation just a sign that the whole market place will blow up soon?
We are notorious optimists …;-)…and don't share such a black vision either LWI - our WSE index which is as IPO on the WSE board- wouldn't be in the green as you also can easily take from our blog.
The problem is the composition of the basket as it come out. HCL, RDX, AIC and BNT are heavy weights. Either they have a lousy reporting or important share holders who dump their shares (do they know more than we do?) or there is no free float. We should have lanced puts for these titles…. SLM and AMA on the offer hand are going through SPO’s which are watering their share values.
But no problem for the share holder of LFB. Even if the basket dropped its value for more than 12% since its creation you still get a minimum dividend of 2% per month and if you buy at 9 $L as the title is right now, your dividend effectively rise to even 3% per month!
And there is still hope that AIC, BNT, RDX, HCL, SLM and AMA will develop nicely so that you will get the maximum dividend of 7% per month.
Should we be pessimists then?
Greetz
Casper Trebuchet
LEM, CEO
House of derivatives (LFB, LWI)
We are notorious optimists …;-)…and don't share such a black vision either LWI - our WSE index which is as IPO on the WSE board- wouldn't be in the green as you also can easily take from our blog.
The problem is the composition of the basket as it come out. HCL, RDX, AIC and BNT are heavy weights. Either they have a lousy reporting or important share holders who dump their shares (do they know more than we do?) or there is no free float. We should have lanced puts for these titles…. SLM and AMA on the offer hand are going through SPO’s which are watering their share values.
But no problem for the share holder of LFB. Even if the basket dropped its value for more than 12% since its creation you still get a minimum dividend of 2% per month and if you buy at 9 $L as the title is right now, your dividend effectively rise to even 3% per month!
And there is still hope that AIC, BNT, RDX, HCL, SLM and AMA will develop nicely so that you will get the maximum dividend of 7% per month.
Should we be pessimists then?
Greetz
Casper Trebuchet
LEM, CEO
House of derivatives (LFB, LWI)
Saturday, July 14, 2007
LWI34 or LWI25
As the deadline for our IPO is approaching we have to decide about the future strategy of our index.
If you compare with the chart in
http://lemurinvest.blogspot.com we think the situation is rather clear.
LWI25 is performing constantly better whether we look at the development since 7th July as in the chart or at the beginning of our calculations on 21st June.
The performance since 21st June is (13JUL07: 9pm SLT):
LWI34 : 27.4%
LWI25: 48.2%
The performance since 7th July is (13JUL07: 9pm SLT):
LWI34 : 5.26%
LWI25 : 7.86%
We are standing before the next dividend payment period which will boost the indexes again as dividends are included in the calculation.
Reasons which speak for LWI25 are:
(1) Better performance till now 48.2% compared to 27.4%
(2) It is much easier to manage an index with 25 than with 34 titles
(3) Costs for the maintenance are much lower
(4) Easier to interpret
(5) As we try to exclude companies with only little market capitalization and almost not existing free float there are not so many titles available
(6) Life cycles are short in SL. An index with 25 titles is more stable than one with 34 titles
Reasons which speak for LWI34:
(1) Better reflect the overall situation. However, as we don’t consider market capitalization and free float in our calculations the index will not reflect the market as such it is more a performance comparison between titles. This is better done with one of only 25 titles.
(2) The index is more stable as there are more titles involved. May be, but on the other hand we also bring volatility in the index as not so many "good" titles are available which make the index less stable in the end.
(3) You get a better overview if you do company analysis over 34 titles then over 25. True, but we do company analysis independently of whether the index has 25 or 34 titles.
(4) ....
Your advices and comments are requested here. As you can imagine we are favoring LWI25 but it is up to you to decide.
Use the vote ticker in the sidebar to vote and don't forget to give me a feedback. I'm at your entire disposal to answer any questions etc.
Thank you.
by the way, there are still some shares available. Deadline for our IPO is on 17th July.
Greetz
Casper Trebuchet
LEM, CEO
House of derivative (LFB, LWI)
If you compare with the chart in
http://lemurinvest.blogspot.com we think the situation is rather clear.
LWI25 is performing constantly better whether we look at the development since 7th July as in the chart or at the beginning of our calculations on 21st June.
The performance since 21st June is (13JUL07: 9pm SLT):
LWI34 : 27.4%
LWI25: 48.2%
The performance since 7th July is (13JUL07: 9pm SLT):
LWI34 : 5.26%
LWI25 : 7.86%
We are standing before the next dividend payment period which will boost the indexes again as dividends are included in the calculation.
Reasons which speak for LWI25 are:
(1) Better performance till now 48.2% compared to 27.4%
(2) It is much easier to manage an index with 25 than with 34 titles
(3) Costs for the maintenance are much lower
(4) Easier to interpret
(5) As we try to exclude companies with only little market capitalization and almost not existing free float there are not so many titles available
(6) Life cycles are short in SL. An index with 25 titles is more stable than one with 34 titles
Reasons which speak for LWI34:
(1) Better reflect the overall situation. However, as we don’t consider market capitalization and free float in our calculations the index will not reflect the market as such it is more a performance comparison between titles. This is better done with one of only 25 titles.
(2) The index is more stable as there are more titles involved. May be, but on the other hand we also bring volatility in the index as not so many "good" titles are available which make the index less stable in the end.
(3) You get a better overview if you do company analysis over 34 titles then over 25. True, but we do company analysis independently of whether the index has 25 or 34 titles.
(4) ....
Your advices and comments are requested here. As you can imagine we are favoring LWI25 but it is up to you to decide.
Use the vote ticker in the sidebar to vote and don't forget to give me a feedback. I'm at your entire disposal to answer any questions etc.
Thank you.
by the way, there are still some shares available. Deadline for our IPO is on 17th July.
Greetz
Casper Trebuchet
LEM, CEO
House of derivative (LFB, LWI)
Wednesday, July 11, 2007
LWI - Real time charts
We updated our blog and introduced chart technique to improve lisability of our index data.
The charts are calculated from real time data and are updated every five minutes.
We thank www.slquotes.com to have made this possible.
Greetz
Casper Trebuchet
The charts are calculated from real time data and are updated every five minutes.
We thank www.slquotes.com to have made this possible.
Greetz
Casper Trebuchet
Tuesday, July 10, 2007
LWI : Only one week to go and index is up and up!
The LWI34 (34 titles) rose 29.76% and the LWI25 (25 titles) even 50.37% since June 21! (http://slquotes.com/custom/lemur or http://lemurinvest.blogspot.com)
We are almost afraid of the consequences as we have to top these values with our investment strategy..if we want to make some profit too...;-)
Our investment strategy in LWI is simple. We will build up the index with the cash we get over the IPO. All money will be invested. The decision which index will be choosen is not yet final. We will do a survey among our LWI investors as soon LWI is sold off and before we determine the spot reference.
In other words, with LWI you get capital protection of 95% granted from LEM and participate with 95-100% on the increase of an index of selected WSE shares. This is not witch craft. It is the best way in SL to earn high revenues and still sleep well..
For questions just IM Casper Trebuchet
Greetz
Casper Trebuchet
LEM, CEO
House of derivatives (LFB, LWI)
We are almost afraid of the consequences as we have to top these values with our investment strategy..if we want to make some profit too...;-)
Our investment strategy in LWI is simple. We will build up the index with the cash we get over the IPO. All money will be invested. The decision which index will be choosen is not yet final. We will do a survey among our LWI investors as soon LWI is sold off and before we determine the spot reference.
In other words, with LWI you get capital protection of 95% granted from LEM and participate with 95-100% on the increase of an index of selected WSE shares. This is not witch craft. It is the best way in SL to earn high revenues and still sleep well..
For questions just IM Casper Trebuchet
Greetz
Casper Trebuchet
LEM, CEO
House of derivatives (LFB, LWI)
Monday, July 9, 2007
LFB :dividend and report
The basket didn't develop as we expected. Specific reasons were responsible for this weak performance. A minimum dividend of 2% was paid for the period of 9th June till 9th July. The future development of the basket looks nevertheless promising.
The value of the basket lost more than 11% in one month (from 73.76 down to 65.25). If this development would reflect the overall development of the WSE we better should rethink our investments in WSE immediately.
However, if we consider the WSE Index we calculate for our derivative LWI (running as IPO on the WSE board)we get a completely different picture. The LWI34 which considers 34 selected titles rose more than 24% in the last three weeks and the one with 25 titles (LWI25) even more than 40% (see sidebar or www.slquotes.com/custom/lemur). This observation correspond much better with the fact that the Linden economy is growing.
The reasons for the weak perfomance of the LBF basket are of specific nature:
HCL: A constant under performer which lost almost 50% of its value in the last month. However, there are two things we have to consider. First Shaun Altman is dumping shares again. In fact this is not bad news as it will increase free float as he probably still need to be considered as an insider. Furthermore, it also shows us that HCL can support such transactions without being completely destabilized. However, WSE should over think their communication politicy. Monthly reporting would be more adapted to the short life cycles in SL and would give rumors no chance. HCL is one of the blue chips in WSE and should take some responsibilities in this matter. The share price doesn't express the real value of HCL if we anticipate future influences of upcoming WIC positively.
RDX: We still think that RDX is basically a promising technology company in SL also it lost >30% of its value since 9th June. Free float simply doesn't exist as the owner possesses more than 95% of the outstanding shares. For what reasons in the SL world does RDX need 100 million shares? Soon the ominous 90 day period will expire and RDX can sell their shares. We only hope that RDX will properly communicate about their future plans and ownership. If they do RDX surely has growth potential either the threads to invest in this company will be too high for a large majority of investors.
AIC: The value increased 100% from its initial price of 0.5 $L when it was introduced in the WSE. Since then however, it’s an underperformer as well. The last company communication dates from June 8 and is not very helpful. From their prospectus we learn that their shares are undervalued. May be, but how can we know when there are no figures available. The overall index over all shares is positive for the AVIX(see www.slquotes.com). AIC as holding of AVIX should theoretically profit from this development, so we are still optimistic about this title.
BNT: No figures, no dividend, no information about ownership - just outlooks. Apparently, BNT considers shareholders as pain the a... If the outlooks will confirm, the future of BNT shall be bright. We hope that BNT doesn't forget that the shareholders are the future customers of its SIM’s they already transform or still want to purchase. BNT gained some momentum during the a last week but this wasn't sufficient to break the bearish trend. A little more straight forward information could surely help the title to find back to growth..
SLM and AMA: Both companies are still start-up’s and before publishing their results went straight into a SPO. At the moment it is difficult to make any judgement. Both companies have important growth plans. There is no reason to doubt on them. The share values showed almost no movment and stay becasue of the SPO at 1.
Next period for LFB ends on 8th August 2007. We hope of course that the basket will catch up towards a maximum dividend of 7%
With our derivative LFB - LEM want to offer serious investors a vehicle with 100% capital protection but with high returns on their investment. Minimal dividendis 2%/month and maximal 7%.For more details about the condition of the derivative LFB see also our prospectus. http://wselive.com/company/admin/244.
Greetz
Casper Trebuchet
LEM, CEO
Home of derivatives (LFB,LWI)
The value of the basket lost more than 11% in one month (from 73.76 down to 65.25). If this development would reflect the overall development of the WSE we better should rethink our investments in WSE immediately.
However, if we consider the WSE Index we calculate for our derivative LWI (running as IPO on the WSE board)we get a completely different picture. The LWI34 which considers 34 selected titles rose more than 24% in the last three weeks and the one with 25 titles (LWI25) even more than 40% (see sidebar or www.slquotes.com/custom/lemur). This observation correspond much better with the fact that the Linden economy is growing.
The reasons for the weak perfomance of the LBF basket are of specific nature:
HCL: A constant under performer which lost almost 50% of its value in the last month. However, there are two things we have to consider. First Shaun Altman is dumping shares again. In fact this is not bad news as it will increase free float as he probably still need to be considered as an insider. Furthermore, it also shows us that HCL can support such transactions without being completely destabilized. However, WSE should over think their communication politicy. Monthly reporting would be more adapted to the short life cycles in SL and would give rumors no chance. HCL is one of the blue chips in WSE and should take some responsibilities in this matter. The share price doesn't express the real value of HCL if we anticipate future influences of upcoming WIC positively.
RDX: We still think that RDX is basically a promising technology company in SL also it lost >30% of its value since 9th June. Free float simply doesn't exist as the owner possesses more than 95% of the outstanding shares. For what reasons in the SL world does RDX need 100 million shares? Soon the ominous 90 day period will expire and RDX can sell their shares. We only hope that RDX will properly communicate about their future plans and ownership. If they do RDX surely has growth potential either the threads to invest in this company will be too high for a large majority of investors.
AIC: The value increased 100% from its initial price of 0.5 $L when it was introduced in the WSE. Since then however, it’s an underperformer as well. The last company communication dates from June 8 and is not very helpful. From their prospectus we learn that their shares are undervalued. May be, but how can we know when there are no figures available. The overall index over all shares is positive for the AVIX(see www.slquotes.com). AIC as holding of AVIX should theoretically profit from this development, so we are still optimistic about this title.
BNT: No figures, no dividend, no information about ownership - just outlooks. Apparently, BNT considers shareholders as pain the a... If the outlooks will confirm, the future of BNT shall be bright. We hope that BNT doesn't forget that the shareholders are the future customers of its SIM’s they already transform or still want to purchase. BNT gained some momentum during the a last week but this wasn't sufficient to break the bearish trend. A little more straight forward information could surely help the title to find back to growth..
SLM and AMA: Both companies are still start-up’s and before publishing their results went straight into a SPO. At the moment it is difficult to make any judgement. Both companies have important growth plans. There is no reason to doubt on them. The share values showed almost no movment and stay becasue of the SPO at 1.
Next period for LFB ends on 8th August 2007. We hope of course that the basket will catch up towards a maximum dividend of 7%
With our derivative LFB - LEM want to offer serious investors a vehicle with 100% capital protection but with high returns on their investment. Minimal dividendis 2%/month and maximal 7%.For more details about the condition of the derivative LFB see also our prospectus. http://wselive.com/company/admin/244.
Greetz
Casper Trebuchet
LEM, CEO
Home of derivatives (LFB,LWI)
Sunday, July 8, 2007
Powered by SLQuotes
From today on we switched to automated calculation method for our WSE-Index (LWI34 and LWI25) powered by www.slquotes.com.
Every five minutes calculated values will be updated realtime and be published for the time beeing under
http://slquotes.com/custom/lemur/
Further information will follow...enjoy.
The values of 10pm SLT will additionally be published on our blog (see sidebar) as we did so far.
Greetz
Casper Trebuchet
CEO, LEM
House of derivatives (LFB, LWI)
Every five minutes calculated values will be updated realtime and be published for the time beeing under
http://slquotes.com/custom/lemur/
Further information will follow...enjoy.
The values of 10pm SLT will additionally be published on our blog (see sidebar) as we did so far.
Greetz
Casper Trebuchet
CEO, LEM
House of derivatives (LFB, LWI)
Friday, July 6, 2007
LEM- new offices and ...
We moved to new offices on White Mall Island
White Mall Island, Saya Sakai Inc (232, 45, 30)
It's still a digging place but you are welcome.
LFB: We will pay the first dividend on 9th July. As the basket didn't perform well because of weak performance of the heavy weights RDX, AIC, BNT and HCL (-11% in the last three weeks) we will pay the minimal dividend which is 2%. We hope however, that the basket will still increase its value till then. A more detailed analysis will follow on 9th July.
LWI: The Lemur Wse Index (LWI) on 34 shares is standing now on 1289.54 . The one for only 25 shares even at 1438.88 , in other words this means a performance of 28.9 and 43.88% in just 15 days. This shows clearly the potential of WSE. There are still shares available in our running IPO...
Please consult http://lemurinvest.blogspot.com for more details and figures
Greetz
Casper Trebuchet
CEO, LEM
the house of derivatives (LFB, LWI)
White Mall Island, Saya Sakai Inc (232, 45, 30)
It's still a digging place but you are welcome.
LFB: We will pay the first dividend on 9th July. As the basket didn't perform well because of weak performance of the heavy weights RDX, AIC, BNT and HCL (-11% in the last three weeks) we will pay the minimal dividend which is 2%. We hope however, that the basket will still increase its value till then. A more detailed analysis will follow on 9th July.
LWI: The Lemur Wse Index (LWI) on 34 shares is standing now on 1289.54 . The one for only 25 shares even at 1438.88 , in other words this means a performance of 28.9 and 43.88% in just 15 days. This shows clearly the potential of WSE. There are still shares available in our running IPO...
Please consult http://lemurinvest.blogspot.com for more details and figures
Greetz
Casper Trebuchet
CEO, LEM
the house of derivatives (LFB, LWI)
Thursday, July 5, 2007
Economy up - Index up?
The WSE Index we calculate rose for more than 10% in the last two weeks! Can we do better? of course we can...
A problem in the WSE is that listing criteria exists but that they are not necessarily restrictive. A direct result is the poor overall performance of the WSE if we consider the total number of listed companies.
www.slquotes.com is the best example to prove this as they calculate their index over all listed shares. It’s negative…
However, the economy in SL is growing and therefore indexes which consider all shares are not sufficient indicators.
Our index only considers 34 companies which is already a lot. We also realized that we probably have to reduce its number down to 25. The end of our IPO in view we started our company reviewing process put 10 companies so far on the watch list (SBL, DSE, RDX, XAN, AMS, FED, FDP, SML, BPV, CGI). That these companies are on the watch list doesn't exclude them necessarily!
If we strictly apply our selection criteria, as growth, business idea, management experience, market capitalization, free float, communication and dividend strategy we honestly fill more comfortable with 25 companies. As a matter of fact we can use the ongoing review process to reduce the actual number of 34 down to 25.
This change is in favor of the investor, as these 25 companies showed a performance of more than 24% in the same period!
Unfortunately market capitalization and free float cannot be included in the index calculations as free floats are not available. However, we tried to prove our theory and estimated free floats. The performance we get over the 25 companies in the same period is about 4.5% which is much closer to the effective growth rate of the economy in SL. We think this is the way to go. We even learned that companies like THI start to publish their own free float, we can only motivate other companies to do the same…
For the time being, however, dear investor, enjoy >10% performance with LWI so far. It may even have been >24% with an index composed of only 25 titles. We will decide about this together with you when we fix the final spot price when the IPO is sold off. In the next two weeks till the end of our IPO we will publish both values on our blog
http://lemurinvest.blogspot.com
LWI is a derivative NOT a company and NOT a mutual fund. It is the easiest way in SL to profit from the growth of the Linden economy and limit your risk. Either you loose 5% or you participate between 95-100% on the increase of the index where dividends are included.
And how do we find a living? The index is a product we develop and is therefore already something which is useful for us. We see this mainly as an investment we do for ourselves in order to facilitate the management of our portfolio and offer services to third parties. If things run normal we earn up to 5% commissions and if things outperform nothing. However, our portfolio will outperform too and the index is still ours …..
IM me for further questions
Greetz
Casper Trebuchet
A problem in the WSE is that listing criteria exists but that they are not necessarily restrictive. A direct result is the poor overall performance of the WSE if we consider the total number of listed companies.
www.slquotes.com is the best example to prove this as they calculate their index over all listed shares. It’s negative…
However, the economy in SL is growing and therefore indexes which consider all shares are not sufficient indicators.
Our index only considers 34 companies which is already a lot. We also realized that we probably have to reduce its number down to 25. The end of our IPO in view we started our company reviewing process put 10 companies so far on the watch list (SBL, DSE, RDX, XAN, AMS, FED, FDP, SML, BPV, CGI). That these companies are on the watch list doesn't exclude them necessarily!
If we strictly apply our selection criteria, as growth, business idea, management experience, market capitalization, free float, communication and dividend strategy we honestly fill more comfortable with 25 companies. As a matter of fact we can use the ongoing review process to reduce the actual number of 34 down to 25.
This change is in favor of the investor, as these 25 companies showed a performance of more than 24% in the same period!
Unfortunately market capitalization and free float cannot be included in the index calculations as free floats are not available. However, we tried to prove our theory and estimated free floats. The performance we get over the 25 companies in the same period is about 4.5% which is much closer to the effective growth rate of the economy in SL. We think this is the way to go. We even learned that companies like THI start to publish their own free float, we can only motivate other companies to do the same…
For the time being, however, dear investor, enjoy >10% performance with LWI so far. It may even have been >24% with an index composed of only 25 titles. We will decide about this together with you when we fix the final spot price when the IPO is sold off. In the next two weeks till the end of our IPO we will publish both values on our blog
http://lemurinvest.blogspot.com
LWI is a derivative NOT a company and NOT a mutual fund. It is the easiest way in SL to profit from the growth of the Linden economy and limit your risk. Either you loose 5% or you participate between 95-100% on the increase of the index where dividends are included.
And how do we find a living? The index is a product we develop and is therefore already something which is useful for us. We see this mainly as an investment we do for ourselves in order to facilitate the management of our portfolio and offer services to third parties. If things run normal we earn up to 5% commissions and if things outperform nothing. However, our portfolio will outperform too and the index is still ours …..
IM me for further questions
Greetz
Casper Trebuchet
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