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Latest Posts By pharoah88 - Supreme      About pharoah88
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10-May-2010 16:43 YZJ Shipbldg SGD   /   Cruising with the ship ..Yangzijiang       Go to Message
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Monday: 10 MAY 2010

WHITE  KNIGHT  BRIGADE  is  BACK

11:21:35   S$1.30    1,210,000

14:05:20   S$1.31    1,207,000

15:40:59   S$1.32    1,827,000
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10-May-2010 14:54 Keppel Land   /   Kepland       Go to Message
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It is a RECOVERY
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10-May-2010 14:13 YZJ Shipbldg SGD   /   Cruising with the ship ..Yangzijiang       Go to Message
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Monday: 10 MAY 2010

WHITE  KNIGHT  BRIGADE  is  BACK

11:21:35   S$1.30    1,210,000

14:05:20   S$1.31    1,207,000
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10-May-2010 14:02 Others   /   nightmare       Go to Message
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Hair today, oil boom tomorrow

WASHINGTON

“People from France, England, Spain, Brazil, Australia, all over Canada and the United States have signed up,” said Ms Lisa Gautier, co-founder of the Matter of Trust charity which is coordinating the collection of hair, fur and tights for the oil slick.

“There are 370,000 hair salons sending hair, 100,000 pet groomers, alpaca and sheep farmers, and the other day we had a huge group of transvestites who donated their very long nylons,” she said.

Matter of Trust was getting some 204,000kg of hair or fur coming in every day as of Friday. The US Army Corps of Engineers moved hair-based boom production up a notch when it devised a way to make a mile of boom a day with the hair and fur, Ms Gautier said. The hair- and fur-filled booms will be laid on beaches.

Hair and fur will typically soak up around four to six times their weight in oil.

But it’s not as good as industrial booms, which are filled with synthetic microfibres that can mop up 15 times their weight in oil.

Meanwhile, a novel attempt to use a 100-tonne steel-and-concrete box to cover the gushing oil well was aborted after ice crystals encased it. The setback left the mission to cap the ruptured well in doubt.— People from around the world have been giving the hair off their heads, the fur off their pets’ backs, and the tights off their legs to make booms and mats to mop up the oily mess spewing out of the sunken Deepwater Horizon oil platform in the Gulf of Mexico.

AGENCIES

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10-May-2010 13:52 Others   /   nightmare       Go to Message
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World

MANILA

Philippines yesterday as tensions flared

ahead of today’s national elections, which

are expected to see favourite Benigno Aquino

win the presidency in a landslide.

The build-up to the elections has been

typically tumultuous for one of Asia’s most

free-wheeling democracies, with dozens of

people killed, ferocious mudslinging and

dark rumours of illegal power grabs.

Five people were shot dead yesterday

in two remote parts of the country involving

gunmen loyal to local candidates, while

communist guerrillas also destroyed five vote

counting machines, the authorities said.

But the military and police, which have

deployed tens of thousands of personnel

to protect polling stations, insisted today’s

elections were expected to proceed without

major unrest.

Despite scattered violence and a rush

to fix a computer glitch, officials said the

Philippines’ first automated presidential

and local elections this week will be a successful

test of its fragile democracy.

Mr Aquino, the son of revered pro-democracy

icons, has topped pre-election surveys

in the nine-way race for the presidency.

His rise reflects the longing to fill a moral

vacuum in a country exasperated by decades

of corruption, poverty and violence. Mr Aquino’s

closest rivals include ousted President

Joseph Estrada and Senator Manuel Villar, the

country’s wealthiest politician.

Yesterday, thousands of workers delivered

optical counting machines to 98 per

cent of about 76,300 precincts across the

South-east Asian archipelago, Elections

Commissioner Rene Sarmiento said.

Reconfigured memory cards for the

machines have been delivered to regional

hubs after the defect prompted a massive

recall last week.

Late delivery and final testing may

delay vote counting in some far-flung areas,

the Election Commission said. In the worst

scenario, about a million Filipinos will be

able to vote but their ballots will not be

counted until the new cards arrive in those

areas, the poll body said.

About 50 million Filipinos will vote to

elect a new President, Vice-President and

officials to fill nearly 18,000 national and

local posts. — Five people were killed in theAGENCIES

Polls a test of DemoCracy

Tensions flare in the Philippines ahead of today’s nation-wide elections

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10-May-2010 13:34 Others   /   nightmare       Go to Message
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Previously, I had a colleague from HOLLAND, EUROPE.

She tOld all Singaporean  colleagues that DRUGS are LEGALLY and FREELY  available in her home country, HOLLAND.

According  tO  her,  she  did  nOt  encOunter  any  drug prOblem in her home country.

She  returned  home  to  HOLLAND  after  2000 

 



des_khor      ( Date: 10-May-2010 11:23) Posted:

In Singapore Holland Road ?

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10-May-2010 13:26 SGX   /   SGX       Go to Message
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C

Yet none was forthcoming from any of the key players in the initial public offering: Not from the company, not from its managers and underwriters (UBS and Morgan Stanley), not from the Singapore Exchange nor from the Monetary Authority of Singapore (MAS).

One was proferred by

New Century’s IPO was to have been the biggest so far this year with plans to raise some $666.4 million through the issue of 560 million shares at up to $1.19 each. The shipbuilder had originally planned to raise as much as $1.5 billion but decided to halve the number of shares on issue as market sentiment began to wane as a result of the unfoldingGreek tragedy.

Fortunately no investor has lost any money in applying for New Century shares as the company has promised to refund all application monies.

But as this incident has clearly embarrassed not only New Century but also Singapore as well, some answers to the mystery of the pullout should be in order from all parties concerned, including the company as well as its managers and underwriters.

Otherwise all kinds of rumours will prevail, and that cannot be good for the stock market.

As it is, Chinese listings — better known as S-chips — have already come for plenty of bad press in the past year due to corporate scandals and in some cases, poor returns. Leaving the situation open to speculation will just make it worse. Just a couple of weeks ago, the Exchange named and shamed about half a dozen listed companies for breaching its listing rules. All but one — Oculus — were S-chips.

If the authorities demand transparency from their members and all those listed on the Exchange, then they too should be just as OPEN — as far as they possibly can be.

They cannot hide behind responses like: “We do not publicly comment on our interactions with individual companies”, as in the case of the Exchange; likewise the MAS with its reply: “MAS does not comment on its dealings with individual parties”.

What then does one call the reprimands and the postings on their respective websites of fines and other actions taken by these two bodies?

The MAS, in response to press queries, has also said: “Entities offering securities to the public in Singapore are required to comply with the Securities and Futures Act which, among other things, requires proper disclosure of the features and risks of the product.

Where there is a breach of regulation or law, MAS will take appropriate regulatory action.”

Why does the MAS have to be so COY? Were it to give the reasons behind the withdrawal of the IPO, what will it jeopardise?

If New Century’s pullout is due to a possible breach of the Securities and Futures Act, then it could lead to criminal action from the MAS. The parties concerned in the IPO, which includes its board of directors, could be fined up to $150,000, and/or jailed for up to two years if convicted.

Is it not in the public interest to know if New Century’s withdrawal of its IPO was indeed due to a criminal omission of facts?

And indeed, New Century’s directors and at least one of the issue managers are said to have sought legal advice.

There have also been questions asked if the silence from the authorities has anything to do with the reputation of the managers and underwriters involved.

It was pointed out that a few years ago the Exchange rapped Hong Leong Finance’s IPO team for the latter’s failure to disclose despite queries by the regulator, that Fibrechem Technologies, a company it was lead managing for a public offering, had previously applied for a Hong Kong listing.

That failing led to the Exchange’s withdrawal of the letter of eligibility for Fibrechem’s public offering and the slapping of a three-month ban on Hong Leong from seeking new IPO mandates.

The authorities must be seen to be treating all in a FAIR and equal manner, withOut FEAR or FAVOUR.hinese shipbuilder New Century Shipbuilding’s recent decision not to go ahead with its initial public offering on the Singapore Exchange has left many wondering about the reasons behind the pullout.The Business Times which attributed the action to a complaint to the Exchange that New Century had failed to disclose the cancellation of two orders for ships worth some US$180 million ($251 million) and a resulting lawsuit for US$60 million in expenses incurred by the customer, Sino Noble.

The writer is editor-at-large at T
oday.

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10-May-2010 13:18 SGX   /   SGX       Go to Message
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If the authorities demand transparency from their members and all those listed on the Exchange, then they too should be just as open — as far as they possibly can be.



pharoah88      ( Date: 10-May-2010 13:15) Posted:

Be fair, without fear or favour

Investors deserve more details about aborted IPO by New Century Shipbuilding

CON RAD RAJ

conrad@mediacorp.com.sg


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10-May-2010 13:15 SGX   /   SGX       Go to Message
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Be fair, without fear or favour

Investors deserve more details about aborted IPO by New Century Shipbuilding

CON RAD RAJ

conrad@mediacorp.com.sg

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10-May-2010 12:47 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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SINGAPORE

Instead, analysts believe that most commodity prices will hold up firmly or may resume its uptrend, propelled by the strong demand for commodities in China and other emerging markets which are currently enjoying an economic rebound.

While this trend may be a boon to commodity suppliers and traders, it would be a bane to companies that make use of commodities such as oil, rubber and other agricultural commodities as their raw materials.

Still, it is the consumer that will bear the brunt of the price increases as companies are expected to pass on the added costs to them which would eventually raise inflation rates in emerging economies.

Barclays Capital’s latest report on commodities said that China’s commodity demand and increasing wealth will have a “transformational effect on the structure and flow of raw material demand”.

The report had pointed out that it expects oil prices to continue to rise and may hit US$92 ($125.60) a barrel by the fourth quarter of this year. This was after the quarterly average price of oil rose from US$43.30 a barrel in the first quarter of 2009 to US$78.90 a barrel in the first quarter of this year, the Barclays report added.

Notably, the report also expects prices of several agricultural commodities like cocoa, wheat, soya beans and corn to rise as well by the end of the year and believes that prices of base metals like copper and aluminium will be on an uptrend in the long term.

Mr Phillip Overmyer, chief executive of the Singapore International Chamber of Commerce, said that if raw material prices are to continue to increase, then food and transport industries will be among the first to feel the pinch. To prevent their growth prospects from being derailed, Mr Overmyer said companies in these sectors can perhaps look into alternative sources of raw materials.

“For example, in sectors that need oil, they can change the energy source, upgrade— Despite the economic woes in Europe which led to the recent meltdown in financial markets, commodities are one asset class that may not fall prey to the bearish sentiment.

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10-May-2010 12:40 Mermaid Maritime   /   Mermaid       Go to Message
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thOse  whO  want  Up  have  lOng  pOsitiOns

thOse  whO  want  dOwn  have  shOrt  pOsitiOns



focusy      ( Date: 10-May-2010 12:07) Posted:

UOB KH said up... target $1.30. which is 100% upside potential.
real or not? Smiley

see www.nextinsight.net today



mij_luv      ( Date: 10-May-2010 11:58) Posted:

This is really suck.. CIMB said up..DBS said down.. 


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10-May-2010 12:36 Others   /   the edge--Mr doom and rogers comment       Go to Message
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rOgers  always  said  that  he  bOught and bOught  CHiNA  stOcks and cOmmOdities  ALL  THE  WAY  Over the past years  since he mOved  tO  SingapOre.

WHY  did  he  mOve  tO  SingapOre ?

may be  he 'Ran  rOad' ?



Salute      ( Date: 10-May-2010 12:11) Posted:



Hi guys,

what you think abut their comment:

1)Being down 3-4% is big nos, but that's hardly panic,not yey. investers shld be careful and cut back on their hodings if they have any doubt---rogers

2)recent declines suggest that maybe we've made a mjor high in the latter part of April this year and that we will,from here on, have a more meaningful decline. advises investors to consider reducing their positions on any rebound in share prices.--Mr Doom

3)computerised trades sent to elefctronic networks turned an orderly decline into a rout.

What do you all think about it. as you said that it's diarrea for days, will there be anymore panic decline due to 3).

from end april to know is already 10 days, do you think 1 & 2 meant the future decline from now on

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10-May-2010 12:31 Mermaid Maritime   /   Mermaid       Go to Message
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what  gOes  Up  mUst  cOme  dOWn.

what  cOmes  dOwn  mUst  gO  Up.

Otherwise,  wOrld Financial System WiLL  shUt  dOwn  if  it is nOt gOing  Up  and  cOming  dOwn in a  CYCLES LiKE  Alternating Current  [AC]



focusy      ( Date: 10-May-2010 12:07) Posted:

UOB KH said up... target $1.30. which is 100% upside potential.
real or not? Smiley

see www.nextinsight.net today



mij_luv      ( Date: 10-May-2010 11:58) Posted:

This is really suck.. CIMB said up..DBS said down.. 


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10-May-2010 12:24 Mermaid Maritime   /   Mermaid       Go to Message
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Mermaid Maritime

Buy | 63 cents

UOB KayHian initiates coverage of Mermaid Maritime at Buy, with

Target Price $1.30. Says near-term price catalysts include contract wins on demand recovery, more acquisitions of offshore assets. “We believe the market has been pricing Mermaid at a discount mainly due to its more elderly assets, which have encountered some problems seeking employment ... ”

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10-May-2010 11:48 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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nOw  i  wOnder

hOw  is  the  actual wOrd  FUCK  prOnOunced  instead ?

has  anyOne  cOme acrOss  it  ?


is  it  prOunced  as  FACT  ?

if  it  is,  One  has  tO  bE  carefUl   with  the  request,

"GiVE  me  the  FACT  nOw"
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10-May-2010 11:40 Entertainment   /   Seven Sins of Stock Investing       Go to Message
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*WALK  THE  TALKFACT

All  analysts,  advisors, fund managers always say,

"One must stay invested  ALL  THE  TiMES."

Rating Agencies  must have  a Vested Rating  fOr ALL analysts, advisors, fund managers on their  PersOnal  Level  Of  Investment each  TiME  a  statement is made by each of  them.

This is tO  ensUre  they reAlly

WALK  thEir  TALK.
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10-May-2010 11:33 YZJ Shipbldg SGD   /   Cruising with the ship ..Yangzijiang       Go to Message
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Monday: 10 MAY 2010  11:21:35

1st  Returning  WHITE  KNIGHT  is BACK

S$1.30    1,210,000



pharoah88      ( Date: 10-May-2010 09:20) Posted:

Despite  dOw's  fall on last Friday,  Asia  Markets  Will  UPtUrn  the  dOwntUrn.

pharoah88      ( Date: 07-May-2010 15:40) Posted:

Last Night, WHITE  KNIGHTS  went  to  Rescue  dOw  and  they  have to stay  for  tonight  as  well ?


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10-May-2010 11:28 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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It is Often seriOusly  MiSheard  tOO.

lOng  agO when i  attended a  regiOnal cOnference.

A  Lady  CFO  frOm  Philippines  was  making a  presentation.

SUddently, every male delegate  stOOd  Up  immediately,  when she made this statement. 

"I  want  the  FACT  nOw!"

it was heard as

"I  want  the  *FUCK*  nOw!"

check it Out  when yOu  speak to FilipinO on the prOnOunciatiOn  Of  the  word  "FACT".

"Give  the  FACT  later!" 



prince      ( Date: 10-May-2010 10:51) Posted:

Bare with me, is often mis-spelled.  ha. Smiley 23



warren_buffet      ( Date: 10-May-2010 10:35) Posted:

Thanks!   I am not bullish yet, just moderating the fall.  Smiley 23


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10-May-2010 11:18 Others   /   nightmare       Go to Message
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How  may “thousands of lives” had been ruined in  HOLLAND by freely available drugs ?



pharoah88      ( Date: 10-May-2010 11:12) Posted:



Death penalty, a trade-off

If we say, we’ll let you go, what is the signal we’re sending? We’re sending a signal to all the drug barons out there, just make sure you choose a victim who’s young, or who’s preferably a mother of a young child and use them as the people to carry the drugs into Singapore. And then there can be a lot of sympathy generated if they do get caught. This poor lady, she’s a mother of three young children, she only did it because she had to save her children.

Or this young boy, he didn’t know what he was doing. Then you will get 10 more. You will get a whole unstoppable stream of such people coming through.

Minister for Law and Second Minister for Home Affairs K Shanmugam


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10-May-2010 11:16 Others   /   nightmare       Go to Message
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How  may “thousands of lives” had been ruined by freely available  Cigarettes and Alcoholic  beverages ?

pharoah88      ( Date: 10-May-2010 11:09) Posted:

SINGAPORE

— The mandatory death penalty for serious drug offences here is a “trade-off” the Government makes to protect “thousands of lives” that may be ruined if drugs were freely available, Law Minister and Second Home Affairs Minister K Shanmugam said yesterday.


pharoah88      ( Date: 10-May-2010 11:06) Posted:



Saves ‘thousands of lives’ that may be ruined if drugs freely available: Minister

Te o Xuanwei

xuanwei@mediacorp.com.sg



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