Disney and GE

Disney revenue and OP breakdown in USD
S 15bn OP 4.3bn OPM 29% TV and Cable broadcast
S 10.6bn OP 1.7bn OPM 16% Theme Park and Resorts
S 2.3bn OP 0.6bn OPM 26% Consumer Pdts
S 7.5bn OP 1.2bn OPM 16% Films

GE
40% of GE sales comes from GE Capital

2nd Life

USD 1bn economy (for 2nd Life)
13mn users

Linden Lab revenue fr 2nd life est to be USD 80mn

US federal revenue

USD 1.8 to 2.5 trn

MMORPG

Global online mkt USD 13bn
Online subscription 10% of total revenue

Singapore subscription revenue USD 8mn

Maple story 2.2mn subscribers
World of Warcraft 5.5mn subscribers

Woodchip, Pulp, Paper

Woodchip prices 200 USD/ton
Pulp prices 800 USD/ton
Paper prices 1000 USD/ton

Decouping possible?

China urbanization

1990 Urban Population 26%
Today Urban Population 44%
2020 Urban Population 70%

China infrastructure spending breakdown

Water 30% USD 128bn
Power/grid 30% USD 128bn (70% Power plant 30% Power grid)
Highway 23%
Railway 8%
Urban Public Transport 3.6%
Port 3.7%
Airport 2%
Total USD 428bn

China FAI breakdown

Manufacturing 31%
Infrstructure/utilities/water/ environment 27%
Real estate 24%
Education/public admin/retail/other services 13%
Mining 4%
Primary industry 1%

Sub-prime losses

Top 20 Asset Managers

In trn of USD
UBS 2.45 Sw
BGI 1.81 UK
SSG 1.75 US
AXA 1.74 FR
Alliance 1.71 Gr
Fidelity 1.64 US
Capital 1.4 US
Deutsche Grp 1.27 Gr
Vanguard 1.17 US
BlackRock 1.12 US
CS 1.09 Sw
JPM 1.01 US
BNP Paribas 0.82 Fr
ING 0.79 Holland
Natixis 0.77 Fr
AIG 0.73 US
C. Agricole 0.7 Fr
Aviva 0.7 UK

ETFs

Currently over 1000 ETFs with 700bn in AUM
Est to reach 2trn in 2011

Wisdom Tree
Runs ETFs based on fundamental factors (cash dvd, profits, sales etc)
Not by mkt cap

ETFs based on fundamental factors
Also known as active ETFs
but do they justift fees?

Quant Funds

Major quant players
AQR
DE Shaw
Highbridge
Renaissance

They form a substantial portion of daily trading on NYSE
Conduct trades in milliseconds
Put computer servers closer to exchange to reduce time data takes to travel to exchange

GS Global Alpha lost 38% in 2007, all quant factors fail together - Black Swan

SGX daily trading value

SGD 1.97bn per day on average
SGD 2.37bn per day during Sep-Dec (bubblish period)
SGD 1.8bn May 08

Nuclear Warheads

Country Now 2012
US 3600 2200
Russia 3300 2200
Britain 160 160
France 350 300
China 200 200
India 60 70
Pakistan 50 60
Israel 200 200
Iran 2 10
North Korea 10 0?

Global GDP growth

2007
Global 5.1%
Industrial World 2.4%
US 2.2%
Europe 2.7%
Emerging Europe 6.0%
Japan 1.8%
Asia ex Japan 8.8%
China 11.3%

Container Fleet

2005 8.1mn TEU
2006 9.4mn TEU
2007 11mn TEU
2008 12.4mn TEU

Global Pharma Industry

USD 600bn industry
50% US 30% EU 9% Japan

Biggest mkt players
Pfizer 9%
GSK 6%
Sanofi-Aventis 5.5%
Novartis 5%

other majors
Bristol-Meyer
Roche
Merck
AstraZeneca
Abbott
Johnson & Johnson

Singapore Office Rent

2003 $4 psf per mth
2004 $4.2 psf per mth
2005 $6 psf per mth
2006 $8.5 psf per mth
2007 #13 psf per mth
2008 $16 psf per mth

Grade A 2008 Mar $18.7 psf per mth

Semi industry size

Whole semi industry USD 250bn
SPE USD 50bn
LCD capex USD 13bn
Capacitor USD 17bn

Major consumer electronic pdt unit sales

PC 270mn
Notebook 107mn
iPod 55mn
LCD monitor 132mn
LCD TV 80mn
PDP TV 12mn
Mobile 1.2bn
DSC 126mn
HDD 500mn