|
Back
 x 0
 x 0
|
MEDISHIELD DRAINS MEDISAVE
[ELDER BROTHER KILLING YOUNGER BROTHER ? ? ? ?]
Lower premiums for MediShield can help Letter from Dave Yap AS AN elderly person, I can empathise with Madam Kwok Hui Ying in her letter “Hospitalisation insurance drains Medisave” (Oct 1).
I cannot comprehend the need to keep paying premiums to MediShield when one already subscribes to an enhanced MediShield operated by a private insurer. Even if the reason is to complement enhanced Medishield, one still has to contend with co-insurance and deductible payments. Also, before signing up for an enhanced MediShield, the premium paid from Medisave to maintain MediShield alone can be very substantial when paid over, say, 20 years — and insurance coverage is needed the most as one ages. When one still has to pay the enhanced MediShield premiums, one’s Medisave account will be quickly depleted, risking the policy being terminated. If MediShield is compulsory for whatever reason, then perhaps the insurance premium be reduced further so that one has enough Medisave funds to pay for enhanced MediShield at least until one’s deathbed.
pharoah88 ( Date: 04-Oct-2011 12:45) Posted:
| Lower premiums for
MediShield can help
Letter from Dave Yap
AS AN elderly person, I can empathise
with Madam Kwok Hui
Ying in her letter “Hospitalisation
insurance drains Medisave”
(Oct 1).
I cannot comprehend the
need to keep paying premiums
to MediShield when one
already subscribes to an enhanced
MediShield operated
by a private insurer.
Even if the reason is to
complement enhanced Medishield,
one still has to contend
with co-insurance and
deductible payments.
Also, before signing up for
an enhanced MediShield, the
premium paid from Medisave
to maintain MediShield alone
can be very substantial when
paid over, say, 20 years — and
insurance coverage is needed
the most as one ages.
When one still has to pay
the enhanced MediShield premiums,
one’s Medisave account
will be quickly depleted, risking
the policy being terminated.
If MediShield is compulsory
for whatever reason, then
perhaps the insurance premium
be reduced further so that
one has enough Medisave funds
to pay for enhanced MediShield
at least until one’s deathbed. |
|
|
|
Good Post
Bad Post
|
x 0
x 0
|
SHEILDLESS MEDISHIELD FINANCIALLY " DRAINS" INSURED
Voices online
The premiums I have paid under the scheme for my mother since 1995 amount to about S$17,000.
She had a few hospital stays, but all came with bills below the deductible threshold except once, when insurance paid S$650 ...
Are many people really better off with such high premiums and deductibles?
From Lim Teck Yong
pharoah88 ( Date: 04-Oct-2011 12:49) Posted:
| Voices online
The premiums I have paid under the scheme
for my mother since 1995 amount to about
S$17,000. She had a few hospital stays, but all
came with bills below the deductible threshold
except once, when insurance paid S$650 ...
Are many people really better off with such
high premiums and deductibles?
From Lim Teck Yong |
|
|
|
Good Post
Bad Post
|
x 0
x 0
|
|
|
Good Post
Bad Post
|
x 0
x 0
|
MEDISHIELD to HELP THE POOR ?? ? ?
OR TO KILL THE POOR tO BE POORER ?? ? ?
|
|
Good Post
Bad Post
|
x 0
x 0
|
Voices online
The premiums I have paid under the scheme
for my mother since 1995 amount to about
S$17,000. She had a few hospital stays, but all
came with bills below the deductible threshold
except once, when insurance paid S$650 ...
Are many people really better off with such
high premiums and deductibles?
From Lim Teck Yong
|
|
Good Post
Bad Post
|
x 0
x 0
|
Lower premiums for
MediShield can help
Letter from Dave Yap
AS AN elderly person, I can empathise
with Madam Kwok Hui
Ying in her letter “Hospitalisation
insurance drains Medisave”
(Oct 1).
I cannot comprehend the
need to keep paying premiums
to MediShield when one
already subscribes to an enhanced
MediShield operated
by a private insurer.
Even if the reason is to
complement enhanced Medishield,
one still has to contend
with co-insurance and
deductible payments.
Also, before signing up for
an enhanced MediShield, the
premium paid from Medisave
to maintain MediShield alone
can be very substantial when
paid over, say, 20 years — and
insurance coverage is needed
the most as one ages.
When one still has to pay
the enhanced MediShield premiums,
one’s Medisave account
will be quickly depleted, risking
the policy being terminated.
If MediShield is compulsory
for whatever reason, then
perhaps the insurance premium
be reduced further so that
one has enough Medisave funds
to pay for enhanced MediShield
at least until one’s deathbed.
|
|
Good Post
Bad Post
|
x 0
x 0
|
#### SHIELDLESS ####
MediShield # # # # FINANCIALLY "kills" the PATIENT?
|
|
Good Post
Bad Post
|
x 0
x 0
|
Hang Seng Index (HSI) – 5 Day Chart
Hot Stock Watchlist
Alpha
Indication of whether stock is undervalued or overvalued in relation to other stocks with similar systematic risks.
The higher the value, the higher the return per unit risk.
Source: Bloomberg
The Relative Strength Index (RSI)is a technical indicator used in the technical analysis of financial markets. It is intended to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. The indicator should not be confused with relative strength.
Source: Wikipedia
Hong Kong Stock Market Updates
Airlines: Airline profits forecast to total $28 billion in the three years through 2012 may be unsustainable as over-capacity and looming regulatory costs weigh on margins, the head of the IATA industry association said.
Cathay Pacific Airways Ltd. (293 HK):Asia’s largest international carrier, slid 3.9 percent to HK$12.30.
Developers: Hong Kong’s housing prices may be in a bubble, and could repeat the collapse that occurred during the Asian financial crisis, Fitch Ratings said.
Fitch affirmed its ratings on Hong Kong’s debt, citing a prudent fiscal policy held by the city government and “resilience” in the economy supported by competitiveness of the services sector, according to a statement yesterday.
Sun Hung Kai Properties Ltd. (16 HK):Malls operated by the world’s No. 1 developer by market value drew 1.8 million shoppers amounting to HK$64 million ($8.22 million) in sales on the first two days of the Golden Week, the Standard reported, citing Senior Promotions Manager Eric Lau. The stock fell 1.7 percent to HK$88.90.
Hong Kong IPOs
Citic Securities Co Ltd (6030 HK)
Citic Securities provides securities brokerage, trading, underwriting, investment banking, asset management, and investment consulting services.
Offer Price HK$13.30
Expected 06 Oct 2011
Factsheet:
Chanceton Financial Group Ltd (8020 HK)
N.A.
Offer Price HK$0.30
Expected 12 Oct 2011
Factsheet:
Top 20 Stocks with Most Buy recommendations
 Source: Bloomberg
|
|
Good Post
Bad Post
|
x 0
x 0
|
政 府 为 低 收 入 家 庭 提 供 廉 租 房 和 津 贴
据 记 者 了 解 ， 在 目 前 居 住 组 屋 的 人 口 中 ， 有 95%在 政 府 “居 者 有 其 屋 ”的 计 划 下 购 买 了 房 子 ， 其 余 一 些 收 入 过 低 、 处 在 社 会 底 层 的 低 收 入 家 庭 ， 则 选 择 租 赁 组 屋 居 住 。 新 加 坡 政 府 建 屋 发 展 局 特 别 针 对 收 入 过 低 的 家 庭 制 定 了 相 应 的 租 赁 组 屋 计 划 ， 由 政 府 提 供 大 量 津 贴 ， 帮 助 他 们 找 到 安 居 之 所 。 例 如 ， 月 收 入 少 于 1500新 元 的 家 庭 ， 可 以 申 请 租 赁 一 房 式 (使 用 面 积 约 33平 方 米 )或 者 二 房 式 的 组 屋 ， 政 府 最 低 以 市 场 租 价 的 10%来 收 取 租 金 。
如 果 家 庭 月 收 入 不 超 过 800新 元 ， 一 套 一 房 式 组 屋 的 每 月 租 价 仅 有 26至 33新 元 左 右 。
新 加 坡 目 前 有 85%的 人 口 住 在 政 府 提 供 的 公 共 组 屋 里 ， 只 有 15%的 人 口 住 在 开 发 商 建 造 的 房 子 ， 这 其 中 还 包 括 一 些 外 来 投 资 者 。 目 前 新 加 坡 的 组 屋 达 到 了 100万 套 ， 基 本 上 满 足 了 全 岛 人 口 居 住 的 需 要 。 由 于 新 加 坡 大 多 数 家 庭 都 拥 有 低 价 组 屋 ， 新 加 坡 的 商 品 房 市 场 总 体 上 并 不 活 跃 ， 商 品 房 价 格 主 要 受 经 济 景 气 程 度 、 银 行 贷 款 利 率 等 市 场 因 素 影 响 。 建 造 组 屋 的 建 屋 发 展 局 可 无 偿 得 到 政 府 划 拨 的 土 地 ， 而 私 人 房 地 产 商 必 须 通 过 土 地 批 租 ， 有 偿 获 得 土 地 使 用 权 。 正 是 运 用 这 种 方 式 ， 政 府 可 以 对 私 人 房 地 产 的 开 发 、 扩 张 行 为 进 行 有 效 监 控 。
很 多 早 年 用 低 廉 价 格 买 下 组 屋 自 住 ， 如 今 手 里 有 点 闲 钱 的 新 加 坡 人 ， 也 会 考 虑 给 自 己 的 房 屋 “升 级 ”， 即 卖 掉 小 房 换 大 房 ， 甚 至 购 买 商 品 房 以 用 作 出 租 等 投 资 用 途 。
新 加 坡 总 理 李 显 龙 在 出 席 新 加 坡 建 屋 发 展 局 成 立 50周 年 纪 念 晚 会 上 承 诺 说 ， 政 府 将 确 保 组 屋 价 格 继 续 保 持 在 多 数 国 人 能 够 负 担 得 起 的 水 平 ， 并 按 照 人 口 增 长 速 度 适 时 增 建 组 屋 ， 以 满 足 人 们 不 断 提 高 的 住 房 需 求 。
李 显 龙 说 ， 组 屋 作 为 维 持 社 会 稳 定 的 基 石 之 一 ， 其 重 要 性 不 言 而 喻 。 公 共 住 房 不 仅 塑 造 了 新 加 坡 国 民 的 国 家 身 份 认 同 感 和 作 为 公 民 的 共 同 记 忆 ， 同 时 也 塑 造 了 新 加 坡 的 公 共 社 区 ， 为 国 家 的 社 会 稳 定 和 经 济 繁 荣 奠 定 了 基 础 。
(编 辑 ： 实 习 生 单 姗 姗 )
|
|
Good Post
Bad Post
|
x 0
x 0
|
04th October 2011
Top Story: Oil & Gas – Taking a step back in view of global headwinds Neutral (down from OW)
Sector Update
Petronas Gas: Fair value at RM14.50 Outperform
Dialog: Fair value downgraded to RM3.26 from RM3.90 Outperform
Kencana: Fair value downgraded RM2.21 from RM2.99 Market Perform
SapuraCrest: Fair value downgraded to RM3.36 from RM4.56 Market Perform
Petronas Chemicals: Fair value downgraded to RM5.62 from RM6.37 Market Perform
Dayang: Fair value downgraded to RM1.55 Market Perform (down from OP)
Wah Seong: Fair value downgraded to RM1.87 Market Perform (down from OP)
Perdana Petroleum: Fair value downgraded to RM0.60 Market Perform (down from OP)
KNM: Fair value downgraded to RM0.70 from RM0.93 Underperform
MMHE: Fair value downgraded to RM3.93 from RM5.62 Underperform
RH Petrogas: Fair value downgraded to S$0.75 from S$1.36 Outperform
Sector Call
Semiconductor: Aug global chip sales falls 2.2% yoy Underweight
Sector Update
Unisem: Fair value at RM0.73 Underperform
MPI: Fair value at RM2.07 Underperform
Notion Vtec: Fair value at RM1.30 Underperform
Corporate Highlights
Amway: Resilient fundamentals Outperform
Visit Note
¨ We recently had a meeting with management of Amway. Based on our discussions, we came out of the meeting fairly confident of the resilience of Amway’s topline outlook, underpinned by a stable Core Distributor Force (CDF) recruitment drive and membership productivity.
SapuraCrest: Platform Supply Vessel contract win Market Perform
News Update
¨ Yesterday, the company announced that its 50%-owned Labuan Shipyard & Engineering (LSE) had been awarded a contract by Tanjung Offshore worth RM99.5m to engineer, construct, test and deliver a 77-metres platform supply vessel. The vessel is expected to be completed within 21 months, which will contribute to Sapuracrest’s FY13 earnings.
SP Setia: A bigger development in Beranang Market Perform
News Update
¨ SP Setia proposed to acquire 673.27 acres of freehold land in Semenyih for RM381.3m or RM13 psf.
For more details, please login to your RHBInvest Account now…..
|
|
Good Post
Bad Post
|
x 0
x 0
|
Regional technology outlook - NEGATIVE
We attended the Gartner 17th Annual Asia Pacific Semiconductor Roadshow 2011 yesterday morning. Comments from the presenters were generally negative on the semiconductor sales and semiconductor equipment outlook.
1) Worldwide Semiconductor Forecast - Gartner has recently revised down worldwide semiconductor sales to negative 0.1% yoy growth in 2011, down from a positive 5.1%. For 2012, Gartner is projecting lower growth of 4.6% vs. 8.6% earlier. If the economy takes a turn for the worse, Gartner projects a greater negative growth of 2.2% for 2011, and a negative 4.9% in 2012.
2) LED market - The outlook for the LED in the near term is negative due to the oversupply in LED, reduction in the number of BLUs used in per LCD TV, decrease in demand for PCs and with the decrease in ASP for LED lamps. However, the long term growth prospect remains strong, with LED lighting set for explosive growth from 2012 to 2015 as it replaces traditional lighting systems as prices fall. Due to the competitiveness in the industry, Gartner believes that M& As and consolidation in this sector will be inevitable.
3) Tablets - Gartner also reduced its growth expectation for tablets in 2011 due to the weaker-than-expected sales of non-Apple tablets. Apple continued to dominate the media tablet market. However, Gartner still expect total TAM for Media tablets to reach 80% of mobile PC sales by 2015, this represents a growth rate of CAGR 77% in 2010-15.
4) Semiconductor manufacturing outlook - Semiconductor manufacturing slowdown is across the board. The weakness started in 3Q11 and is expected to continue in 2012. The market is expected to recover in 2013 once the oversupply eases. Capital spending is expected to decline about 20% yoy in 2012.
P U T P U T P U T P U T
|
|
Good Post
Bad Post
|
x 0
x 0
|
By Channel NewsAsia, Updated: 03/10/2011
NUS students angry over exam cancellation
National University of Singapore
SINGAPORE: Some students from the National University of Singapore were shocked when their economics examination was cancelled on Saturday due to a lack of test papers.
More than 700 first—year students were supposed to take the exam when they were informed of the change.
The university said it had not printed enough papers for the examination.
The 30 per cent weightage of the mid—term paper will now be shifted to other assignments.
An official apology was finally sent out to all affected students.
An NUS student, who only wanted to be known as Mr Tan, said: " I feel very frustrated and annoyed because I studied so hard for it and it got cancelled at the last minute."
" I’m also annoyed at how they called us down on a Saturday and did not send (us) the information in a professional manner... I shouldn’t be hearing this kind of thing from a friend," he added.
— CNA/cc
students whO are prepAred fOr the tEst shOUld be allOwed tO sIt fOr the tEst
|
|
Good Post
Bad Post
|
x 0
x 0
|
| TOP STOCK PICKS |
|
|
|
| Buy rated large caps |
|
Price |
Target |
| Petronas Chemicals |
|
5.48 |
8.15 |
| Telekom |
|
4.09 |
4.60 |
| Gamuda |
|
2.85 |
4.10 |
| Sports Toto |
|
4.24 |
4.85 |
| Dialog |
|
2.18 |
3.35 |
|
|
|
|
| Buy rated mid-caps |
|
Price |
Target |
| MPHB |
|
2.35 |
3.64 |
| BIMB |
|
1.70 |
2.40 |
| Hartalega |
|
5.38 |
6.80 |
| Sarawak Oil Palms |
|
3.90 |
6.48 |
| TSH Resources |
|
2.88 |
3.70 |
| HSL |
|
1.29 |
2.30 |
|
|
Good Post
Bad Post
|
x 0
x 0
|
Lippo Malls Indonesia Retail Trust has just got back from a shopping trip, picking up a conditional sale and purchase agreement to acquire two retail malls in Indonesia for S$388m. The malls of interest are Pluit Village, a five-level retail mall in Jakarta and Plaza Medan Fair, a four-level retail mall located in Medan.
A 1-for-1 renounceable rights issue at the issue price of S$0.31, a 42.6% discount to the closing price of S$0.54 last Friday has been proposed.
|
|
Good Post
Bad Post
|
x 0
x 0
|
Smartflex Holdings. Executive Chairman Tan Tong Guan started his first open market purchase on 29th and 30th September at S$0.1303 and 0.135 respectively.
|
|
Good Post
Bad Post
|
x 0
x 0
|
EZRA S$0.44 ? ? ? ?
SembmarIne S$2.40 ? ? ? ?
KepcOrp S$4.40 ? ? ? ?
krisluke ( Date: 29-Sep-2011 22:36) Posted:
Psychology supportive level : Crude Oil USD 70
: Gold USD 1500
Sembmar could breach $3.00 support IF the above Happen... ...
|
|
|
|
Good Post
Bad Post
|
x 0
x 0
|
S$2.40 ? ? ? ?
|
|
Good Post
Bad Post
|
x 0
x 0
|
Telekom Malaysia: Ups the ante.
Telekom Malaysia Bhd aims to expand its Unifi customer base to more than 650,000 customers by as early as 2014, a more than fourfold rise.
Currently, TM has more than 160,000 Unifi customers via one million premises passed (number of premises that have HSBB coverage), which represents a penetration rate of 16 per cent. (Source: Business Times)
|
|
Good Post
Bad Post
|
x 0
x 0
|
Some updates on Tiger Australia.. It never rain but pours!
| Company: |
Tiger Airways Limited (TGR SP, Airlines) |
| Event: |
Neutral: Complaints against Tiger Australia and Philippine partnership |
| Recommendation |
Underperform |
| Share Price/Mkt. cap: |
S$0.815 / S$456.2m |
| Target Price: |
S$0.54 on 8x CY12 P/E |
What happened: Tiger Australia has been informed by the Australian Competition and Consumer Commission (ACCC) that it received a complaint against Tiger Australia for misrepresentation in their email blaster to subscribers. On a separate note, Philippine aviation regulator, Civil Aeronautics Board (CAB) has also received a complaint against Tiger Airways, claiming that Tiger Australia’s suspension suggests similar concerns on Tiger’s operations in Philippines.
What we think: It appears that there is still a lot for Tiger Australia to learn about the Australian market. This is not Tiger Australia’s first run-in with the ACCC. During its suspension in Jul 2011, ACCC was outraged when Tiger Australia was still selling seats online even though the length of its suspension was still unknown at that time. Consumer protectionism is very strong in Australia, and Tiger Australia will have to tread very carefully when dealing with customers. While occurrence of such incidents should decline as Tiger Australia move up the learning curve, Tiger Australia should be wary of ACCC’s reaction to further complaints. The influential body has been known to deal out harsh punishments on repeated offenders. On the other hand, we are rather amused by the Philippine complaint. It is highly likely to be the case of “kick a man when he is down”. We believe this should be the doing of one of Tiger’s competitors in Philippines. Tiger has also claimed that the complaint is without merit.
What you should do: We maintain Underperform on Tiger, for we see significant price downside from coming quarters of losses and dilution impacts from its rights issue.
No change to target price of S$0.54.
|
|
Good Post
Bad Post
|
x 0
x 0
|
- GIC and the bankrupt owners of Doral Resorts and four other luxurious resorts, reached settlement to recover US$360m in loans.
This settlement was obtained after GIC previously tried to acquire the five resorts for US$1.465b in cash and debt.
|
|
Good Post
Bad Post
|
|
|
|
