Facebook delay the IPO until the end of 2012

SAN FRANCISCO. Facebook investor intentions tucked the stock should be suspended. Because the largest social networking site in the world is to delay an IPO (initial public offering / IPO) until the end of 2012.

Originally, Facebook was scheduled to offer IPO at the end of next year. IPO is considered one of the largest in the world. Asset value is estimated to reach U.S. $ 66.5 billion.

However, a source whispered, Facebook founder Mark Zuckerberg wanted to postpone the IPO until September 2012. According to him, Zuckerberg wants its employees to focus work on developing new products first.

The analysts said Facebook is a very reasonable policy. Lise Buyer, a consultant who handles Google's IPO said, Facebook is no need to rush to offer their shares to the public. The reason, he considered the company would not need the money. "They will be an IPO if it is ready and well, not before," he said.

As well greeting Peter Thiel, a Facebook investor famous. He said the reason for the delay IPO Facebook is very acceptable.

He said the technology company will postpone the IPO as long as they want. Thiel pointed out that Google did not go public for six years before dominating the search engines. "This is a good example of competitive strategy," he said.

Prepare U.S. $ 38 billion, Buffett ready to hunt companies

NEW YORK. The investors get ready. Legendary investor Warren Buffett is hunting for the acquired company.

He has set money of U.S. $ 38 billion for such action. Buffett's desire was conveyed by letter to the shareholders of Berkshire Hathaway Inc., on Saturday (26 / 2).

Not only that, Buffett also put up a fairly aggressive profit targets for this year's Berkshire. Buffett said the company will prepare a budget big enough along with the recovery of the property market.

He also stressed, non-insurance business Berkshire needs to be expanded. "Weapons of our elephants have been filled. my fingers are itching to pull it," said Buffet.

Buffet annual letter awaited by many investors. Many are willing to get up early to hear the letter.

Investors assess Buffett letter is very optimistic. "The letter was celebrating the courage on behalf of investors to go into the market when the world is afraid," said Tom Russo, a partner in Garner Russo & Gardner, one of the largest shareholder of Berkshire.

China gold demand to grow 50%

BEIJING. Gold investment in China which is the second largest consumer after India, will grow higher than 40% to 50% this year. The reason, investors increased purchases of the precious metal as a hedge assets, said the World Gold Council.

"Investors lack of alternative investments," said Wang Lixin, deputy board of China on Thursday (17 / 2). According to him, the projection is a conservative estimate.

Gold reached a record in December and jumped nearly 30% last year when the U.S. dollar fell. China's inflation rose to 4.9% in January.

"The primary motivation behind this request is the concern over domestic inflation pressures and poor performance of alternative investments, combined with the hope of further gains in gold prices," said the council in a report released today.

On the London Metal Exchange (LME) spot price of gold at U.S. $ 1,376.66 per troy ounce rose 2.14 points, or 0.15% from the position yesterday.

Japanese price of bonds down

TOKYO. Japanese bond prices again slumped after the government said economic growth slowed below economist estimates. Yield or yield debt securities tenor of 10 years of record high after 10 months.

Yield bonds maturing in 2020 rose to 1.3% from the previous 1.2% at 11:05 am Tokyo time. While the price down 0.043 yen to 99.127 yen.

"Stock markets go up quite strong and sparked concerns of bond investors, the yield will be in the range of 1.3%," said Satoshi Yamada of Okasan Asset Management Co. in Tokyo. Investors speculated reduced its shareholding in the fixed income market to divert investment into the stock market.

ASEI of Garuda Indonesia buy stocks of USD 3 Billion

JAKARTA. Export Insurance Indonesia (ASEI) bought shares of PT Garuda Indonesia as much as USD 3 milion. Staff Equity Investment PT ASEI, Suryanto, said the purchase of shares of Garuda is not solely because of the encouragement of the Minister of Finance, Agus Martowardojo.
There are other considerations that make ASEI dare to buy a stake in Garuda. There are three important aspects of investment. The third aspect is the return, risk and liquidity. Garuda's own shares is considered to meet the third qualification.
Suryanto also revealed that through improvements in the company of Garuda, he is optimistic that the future will be able to give a good return.
Unlike ASEI, PT BNI Life Insurance (BNI) are reluctant to disclose the purchase value of its shares. Finance Director Jiwasraya, Hary Prasetyo, just give an idea that does not value its purchase of Social Security, which reached Rp 210 billion. He explained that its value is far above ASEI is only USD 3 milion, but less than half of the purchase value of Social Security.
Hary said, the purchase of shares is intended to diversify investments. Due to the Garuda is a new player in capital market. Previously there has never been Indonesia's aviation industry launched its shares on the stock market.
Garuda associated with stock prices that valued above market price, Hary be more prudent. He considered that it should be viewed from various angles. He acknowledged that when viewed from the point of Price to Earning Ratio (PE ratio) is above the average price.
Another consideration that makes them willing to buy shares of Garuda is the Price to Book Value (PBV), which is still cheap.
Price to book value ratio is a number that describes how much time an investor willing to pay a share for each book value per share. There are two main functions of this PBV calculation. 
First, these calculations to see whether a stock is currently trading at an expensive, cheap or average according to its historical average.