Despite the lessons about energy conservation and its beneficial impacts on climate change, human activity is best characterized by exercise and full out physical activity. According to a Scientific American analysis published in August 2013, exercise is the single most important thing that most of us can do to improve or maintain our health.
The Himalayan kingdom of Bhutan announced a plan to use only electric cars for Government purposes and to gradually extend this use of private sector usage.This is not the first time that Bhutan has led the way.
Corn is inundating the United States’ Midwest this year as compared to the drought stricken results of last year, when nearly eighty percent of farmland was devastated by drought. Year to year is one thing but day to day has also been risky as ‘Toad Stranglers” – days with rain of more than 3 inches – have also been seen a sustained increase, and such days are also death to corn and soybeans. Climate change has made agriculture increasingly risky. Can the techs help?
The portfolio is not looking a lot better this week with the Thai political problems still seeming to escalate. RealReturnEnvironment applies a limit of 10% loss on individual stocks so if the political trends do not reverse, we may need to sell Bangkok Dusit Medical Services, although I hope not. This week the portfolio addition is Palo Alto Networks (PANW) which is an upcoming network security firm. Following is Barron’s assessment of Palo Alto Networks.
Energy is an essential input for all desired operations and outcomes. To travel from here to there , to raise or lower temperature for a more desirable climate, to achieve health or educational objectives – all require energy. And while energy is just one of the required inputs, energy is ubiquitous and permeates all human activities.
The new portfolio addition this week focuses on natural gas and liquid production in the United States where fracking of shale formation is making such a difference to overall production. The selected company is Continental Resources Management (CLR) which was founded in 1967 and is headquartered in Oklahoma City and focuses solely on United States exploration, development and production of petroleum products. Estimated proved reserves were 785 million barrels of oil equivalents. Even stronger than its petroleum reserves are its financials with a trailing price earnings (P/E) ratio of 25 and a forward P/E of 16. Return on assets in its most recent quarter ending in June 2013 was 9.4% and return on equity was 25% due to the leverage employed. While total cash on the balance sheet was $ 91.5 million, CLR supported $ 4.4 billion of debt for a debt to total capital of a well manageable 54%.
This week the portfolio additions focus on shipping and port services where unfulfilled energy efficiencies abound.
The first company is Westports, a port operator from Klang, Malaysia, although this stock will not be formally added this week due to the need to establish settlement accounts required for Malaysia and hence it addition as a portfolio component will be deferred until next week.
Real Return Environment is intended to serve the needs of students, researchers and investors by providing topical articles, country data, literature references and investment insights on topics such as primary energy use.
"Real Return Environment is intended to serve the needs of students, researchers and investors by providing topical articles, country data, literature references and investment insights on topics such as primary energy use."