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Anyway Sgd will be in par to Usd within next three years as I said before!
pharoah88 ( Date: 14-Dec-2010 11:40) Posted:
Higher rates or stronger currencies?
Christopher Howells christopher@mediacorp.com.sg
SINGAPORE — Asian central banks will have to find the balance between raising interest rates and letting their currencies rise next year, analysts say, noting that
the former strategy could put domestic demand at risk
while the latter could crimp competitiveness of exports.
Doing nothing is not much of an option.
Mr David Carbon, head of economic and currency research at DBS Bank, says Asian central banks are behind the curve, with inflation in China running some three times higher than the average rate that has prevailed since the Asian financial crisis in 1997.
In India, the rate is averaging 2.5 times higher than in the same 13-year period.
“More rate hikes and/or currency appreciation is needed in all countries if growth and inflation are to be kept on a steady keel,” said Mr Carbon.
“We saw 21 hikes or currency moves in Asia this year; we expect another 24 in the first two quarters of next year.”
Although more rate increases are expected in Asia next year, currency appreciation may be a preferred strategy for policy makers, analysts say. With most countries in the region pursuing the strategy, there may not be much of an impact on export competitiveness.
[CURRENCY PRICE FIXING CARTEL ? ? ? ?]
The pace of appreciation, however, may be tightly controlled by monetary authorities. That is because while stronger currencies do help absorb capital inflows [QE2 & QE3 are WELCOME ?] , if they are allowed to rise too fast and too quickly, they may end up becoming a one-way bet for speculators, inviting even more speculative inflows.
“If you’re facing very large real flows, currency undervaluation and to some extent inflation risks on a headline basis, then allowing for gradual currency appreciation makes sense and I think that’s what will come through - gradual appreciation,” said Mr Craig Chan, executive director of foreign exchange research at Nomura. He added monetary authorities in the region might also resort to “administrative measures” to reduce currency volatility.
According to Nomura, foreign financial investors brought US$372 billion ($587 billion) into Asia in the year ended June 2010, compared with an outflow of US$136 billion in the previous year.
The Japanese brokerage says Asian currencies are as much as 10.7 per cent undervalued at current levels and may gain about 4.5 per cent next year, the same as this year. |
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So, why, why it keep dropping in price?
des_khor ( Date: 14-Dec-2010 11:31) Posted:
| Company and boss buy back since above 40 cents level !! |
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It is not a good counter, it is an excellent counter!
smilingchuan ( Date: 13-Dec-2010 17:26) Posted:
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"Live and let Die" stage passed ! Now market looks for value stocks especially entering into year 2011, inflationary economic environment, the only most value left in SGX stock counters are S chips!
des_khor ( Date: 14-Dec-2010 10:09) Posted:
2011 = the year of S-Chips ??
Most people have forgotten how they kenal shoot by them !! |
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Yes, I believe it will continue rally throughout 2011! I keep heavily buying from today onwards all selective penny S chips!
des_khor ( Date: 14-Dec-2010 09:50) Posted:
| As we can notice more half in top 30 are S-Chips..... the question is whether the rally can sustain or not ?? |
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Despite what you said is right or wrong, I keep queueing to buy today! It is supposed to be a good price to buy at Sgd. 0.08 for long term holding!
iPunter ( Date: 21-Mar-2009 00:22) Posted:
Stocks that will move soon are most likely to be those which were trading in a tight sideways strip pattern, which evidences accumulation by great analysts...
One can reasonably expect a multi-bagger to manifest from these, especially soon after a high volume breakout...
But to identify these counters, much hard work is required in searching through the stock charts..
Of course to the dedicated, the hard work is no work and is just pure joy... hehehe... 
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I certainly hope so!
New123 ( Date: 13-Dec-2010 16:29) Posted:
| Looks like it may test $1 soon.. |
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Another huge paper loss counter of mine!
alexwong ( Date: 13-Dec-2010 16:49) Posted:
| Volume surges today after lunch.. any happenings for this stock? Hopes it gets uo.. $0.045 for this share is abit undervalued judginh by it's huge plans for coming years... |
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Daily trade by contra or short only, and it consists of very small portion money being used from the trader's pocket money but mostly from OPM!
iPunter ( Date: 13-Dec-2010 12:29) Posted:
What is the meaning of "pure trader"? I do not undertsand...
Hulumas ( Date: 13-Dec-2010 11:09) Posted:
| After becoming a pure trader . . . . What is next? . . . . . . . . . . . . . Not much money or even no more spare money to trade |
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Thank you for your information, now then I know the bottom price is about Sgd. 0.14. I 'll do accordingly!
pharoah88 ( Date: 13-Dec-2010 11:36) Posted:
EDUCATION DOOM ? ? ? ?
S$0.250 \ \ \ \
S$0.200 \ \ \ \
S$0.140 \ \ \ \ |
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Google search engine!
bryancbq ( Date: 10-Dec-2010 10:53) Posted:
How do you know?
Hulumas ( Date: 10-Dec-2010 09:53) Posted:
| Textile related industries in CHINA all are booming in demand |
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Oh no, still trending down? I have huge paper loss already. What shall I do?
epliew ( Date: 13-Dec-2010 11:05) Posted:
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u still to understand it better....
if u can short it at .25 and later buy back at 0.24 u can make one K ?
iPunter ( Date: 13-Dec-2010 09:24) Posted:
Already just touched .245...
But it may go up a bit before resuming...
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After becoming a pure trader . . . . What is next? . . . . . . . . . . . . . Not much money or even no more spare money to trade!
iPunter ( Date: 11-Dec-2010 20:03) Posted:
Whether one calls oneself an investor or a trader is immaterial.
To me, every participant, without exception is playing with risk.
Thus is that sense, they are really no different.
the only distinguishing trait is their time frame orientation.
I have found that investors are more daring than traders.
They take on much much bigger risks than short-term traders.
I won't say traders are 'kiasu' (afraid of losing) people,
but I have deep respect for traders, regardless of their trade size,
since many of them could have been investors
before they turned to trading...
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JUST KEEP BUYING Looooh !!!
des_khor ( Date: 10-Dec-2010 11:18) Posted:
| So scary !! market crash liao !! how ?? buy , sell or hold OR right , left or middle ??? |
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Not long nor short, but GRAB.
des_khor ( Date: 10-Dec-2010 10:59) Posted:
long or short ?
pharoah88 ( Date: 04-Dec-2010 14:39) Posted:
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Okay, get it.
des_khor ( Date: 10-Dec-2010 09:58) Posted:
Just look at all the PE start with CAP counters !! all very high compare with thier counterpart !!
Hulumas ( Date: 10-Dec-2010 09:49) Posted:
| So price <Sgd. 1.00 will be appropriate perhaps |
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Still range trading.
bsiong ( Date: 10-Dec-2010 09:38) Posted:
Singapore shares may open slightly higher on Friday after Wall Street edged up overnight, with the benchmark S&P 500 closing at a two-year high, a trend investors expect to continue through the rest of the year. Singapore’s benchmark Straits Times Index <.FTSTI> was up 0.23 percent on Thursday to 3,210.20 points. Here are some stocks to watch, say Bloomberg and Thomson Reuters.
Genting Singapore (GENS.SI) may be in focus as its Resorts World at Sentosa casino is seeking to borrow around $4.2 billion ($3.2 billion) to pay off an existing loan, Reuters basis point reported on Thursday. Tiger Airways (TAHL.SI), the Singapore budget carrier part-owned by SIA, said it transported 464,000 passengers last month, 10% more than a year ago. Tiger Air will also extend leases on two Airbus A320 aircraft for a further 18 months starting from January, it said on Thursday. The stock lost 0.5% to $1.85.
Singapore massage chair maker Osim International (OSIL.SI) said on Friday it has submitted an application for the offering and listing of 85 million Taiwan Depository Receipts, at a temporary indicative offer price of NT$20.80 (90.5 cents) each. The estimated proceeds are $76 million, the firm said in a statement.
Wastewater treatment firm Bio-Treat Technology (BIOT.SI) said on Thursday it has won a 500 million yuan ($75.1 million) contract with the Henan Province San Men Xia Industrial Zone Consultative Committee to build a water treatment plant in Henan, China.
SIA Engineering Co. (SIE SP), Asia’s second-biggest aircraft maintenance services provider, said it won a five-year contract, valued at $300 million, to provide maintenance services to SilkAir. Both companies are partly-owned by Singapore Airlines (SIA SP), the world’s second-biggest carrier. SIA Engineering rose 0.7% to $4.27. Singapore Air slid 0.5% to $15.80.
/theedgesingapore////fyi reading
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So what shall we do? I hold so many lots in this counter too!
iPunter ( Date: 09-Dec-2010 09:35) Posted:
All are already "koyak" (going to the dogs)....
Maybe one day, when the superbull starts to charge again,
all of them will get up and move too...
but the question is, will the bull ever return?...
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Textile related industries in CHINA all are booming in demand!
watercrests ( Date: 09-Dec-2010 14:55) Posted:
| Anybody knows what happen to this stock, big rose and transacted @ top volume?? |
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So price <Sgd. 1.00 will be appropriate perhaps.
des_khor ( Date: 10-Dec-2010 09:38) Posted:
Because extremely overprice !!
wangwa ( Date: 10-Dec-2010 09:15) Posted:
will it break 1.91/1.92?
Lowest in 52 week range. The lousiest STI stock Why??? |
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