Wednesday, October 26, 2011

WARNING ISSUES-Fisher Capital Management Warning: BOK issues blanket warning on debt

http://andreiclifton.blog.co.uk/2011/06/28/fisher-capital-management-warning-bok-issues-blanket-warning-on-debt-11385681/comment_ID/16697003/comment_level/1/#c16697003



Bank of Korea Governor Kim Choong-soo, right, holds a meeting with chief executives at the BOK’s headquarters in central Seoul yesterday. [NEWSIS]
Korea’s central bank governor cautioned companies, individuals and the government yesterday on the danger of taking on an unreasonable level of debt.
During a meeting with corporate executives yesterday, Bank of Korea Governor Kim Choong-so said, “corporations, the government and individuals should pay close attention to how much debt they take on.”
The BOK’s 25 basis point rate hike last Friday will increase interest payments for debt holders.
Kim also commented on Korea’s mounting household debt.
“We should keep an eye on those who take out loans that have no ability to pay them back.”
Yet he expressed confidence that Korea’s record household debt – which recently exceeded the 800 trillion won mark – is manageable.
A number of the country’s largest conglomerates were represented at the meeting, including Kim Young-chul, Dongkuk Steel president & CEO; Alfred S. Koh, Samsung SDS CEO; Huh Chang-soo, GS Engineering & Construction chairman; Huh Myung-soo, GS E&C president & CEO; and Yoon Young-doo, Asiana Airlines chief executive.
“The housing market doesn’t look so optimistic,” said GS E&C’s chairman, blaming it on financial authorities’ tight management of project financing loans, causing builders to suffer from unsold apartments.

WARNING ISSUES-Fisher Capital Management: Triad Boiler Room Systems Launched New Commercial Boilers

http://nikitasagun-fishercapitalmanagement.blogspot.com/2011/05/triad-boiler-room-systems-launched-new.html?showComment=1319614153517#c1089707953848725549


Benefits of Modularity
TRIAD's elegantly simple design maintains consistent water volume where heat is required.
  • Boilers are activated sequentially, drawing water from the main loop into the next hot water boiler until the heating need is meet.
  • firing boilers remaining isolated, so no heated water circulates through cold boilers.
  • During most of the year the unfired boilers provide additional backup.
  • Outdoor temperatures and loop water temperatures are constantly monitored.
Fisher Capital on Boiler Room Equipment, Inc: The efficiency of this design is most apparent during warmer months, when a conventional hydronic heating or steam boiler could still be operating at full capacity.

Primary-Secondary Piping
TRIAD integrates modularity with a single pipe primary-secondary system. TRIAD was the first company to employ a Primary-Secondary concept. It operates with two loops, (i) the primary loop, or building main loop, and (ii) smaller secondary loops off of each hot water boiler, which supply heated water to the primary loop.

Upon a call for heat, the boiler pump begins pushing the return water into the boiler and out through the secondary loop, supplying this hot water up into the primary loop (the main header), where it mixes with the cooler return water from the main loop of the building.
  • Supply and return water are blended, avoiding the need for expensive and unreliable mixing valves commonly used in two pipe systems.
  • The secondary loop isolates each hot water boiler, resulting in a very efficient system that minimizes thermal shock.
Control Panel
TRIAD Boilers can be sequenced by the use of our control panel that provides many attractive features:
  • Temperature set-back when less heat is required, such as nights and weekends.
  • Adjustments for latent heat, to take advantage of hot boiler water that retains heat after the burner shuts down.
  • Outdoor reset based on atmospheric temperatures.
  • Monitoring of return water temperatures to maintain accurate heating output.
It is also very easy to sequence our boilers using the panel of any other major manufacturer.

Packaged Product
Fisher Capital on Boiler Room Equipment, Inc: All TRIAD hot water boilers and steam boilers are fully assembled, packaged products, which offer several advantages over boilers that must be assembled at the jobsite
  • Onsite labor costs are minimized.
  • Quality control is higher at the factory than at the jobsite
  • The ease of installation of a packaged boiler allows for quicker start up.
Benefits of Steel Boilers

Easy to Clean
To maintain boiler efficiency, heating surfaces must be kept clean and free of combustion by-products. All TRIAD heating surfaces, especially the firetubes, are easy to access. It is impossible to clean all the heating surfaces of a cast iron boiler, and what can be reached is difficult to clean.

TRIAD also makes it easy to maintain clean water surfaces. The cleaning of the interior of a cast iron boiler is a major undertaking, and even then only the vertical surfaces can be cleaned. The inability to clean the horizontal surfaces can have a significant impact on operating efficiency.

Easy to Repair
Because of their steel construction, TRIAD hot water and steam boilers can be repaired in the field with minimal disruption. A leak can be permanently welded or the tubes re-rolled with little difficulty. It is impossible to permanently weld a cracked cast iron boiler section or a leaking copper fin-tube boiler. The firetubes are easily accessed through the top and through the firedoor.

Fast Water Circulation
Poor circulation of water within the typical cast iron boiler is very common due to their design limits, while TRIAD's steel hot water boilers provide for faster circulation.