Technically, USD should no longer as an Internationally reconized widely commersely officially use currency! A revamp in International currency arrangement and system is fitally needed.
teeth53 ( Date: 20-Mar-2010 20:20) Posted:
So be prepare they can print unlimted amount of paper money to flood this world with US$ dollar, while debt can oso increases to it unlimitation.
(Mountain of debt - can dragon tame uncle Sam). Can only when both shake hand, meanwhile US debt is climbling very second.
Aiyo..yo There are a lot of buyer in Singapore >10 units at one go too! That is common in property investment market! What is new about that?
blackstreams ( Date: 20-Mar-2010 12:54) Posted:
Nah! She's the richest woman in China, not the richest Chinese.
There's also talk of another Chinese woman who made 6mil yuan simply flipping 10 sets of property, all done online and as a hobby! No wonder they say a bubble is forming and the govt had to clamp down on these excesses.
pharoah88 ( Date: 19-Mar-2010 12:46) Posted:
shE iS thE RiCHEST CHiNESE iN CHiNA tOday WiTH US3.9 BilliOn
If only STI were at >6,000 then Gold would be at USD. 2,000.-
alexchia01 ( Date: 16-Feb-2010 18:02) Posted:
If Gold is to hit $5,000 in 2 years time, I'll be very frighten.
This is hyper inflation and can cause a Global crisis.
I think $2,000 in 2 years is more like it.
ozone2002 ( Date: 16-Feb-2010 08:48) Posted:
Gold price will surge to $5,000 in two years
Gold Prices will climb to $5,000 within two years due to US dollar weakness and significant buying by players in the hedge fund industry looking to preserve the value of their funds.
That is the opinion of New Zealand market trading expert Welles Wilder, who has previously been highlighted by publications such as Forbes and Barron’s for his skill in the markets, stuff.co.nz reports.
His belief was revealed by another local trader Oli Hille, who trades in New Zealand’s currency markets, and is currently writing a book, which is to be titled Creating the Perfect Lifestyle.
Mr Hille told the news provider: “He implies his call is based on the US dollar becoming weaker and weaker and basically falling out of bed.”
The trader learnt of Mr Wilder’s opinion on Gold Prices while interviewing him for the book, which also includes an interview with New Zealand’s prime minister John Key.
It appears there is a lot of bullish sentiment on Buying Gold outside of the US, with British miner Scotgold Resources’ chief executive Chris Sangster telling the Daily Record: “We see the Gold Price staying high in the long term.”
As at 17 September 2008 – From 9.13% to 9.22% - change in percentage level 0.09% (open market purchases by Paramount Assets Investments Pte. Ltd. of 2,000,000 UFS shares at S$0.07per share)
As at 19 March 2010 – From 9.22% to 6.63% (Issued share capital of UFS changed from 2,310,814,068 shares to 3,213,818,966 shares) - enlarged capital
Lee Pineapple Company (Pte) Limited is deemed to be interested in the shares held by Paramount Assets Investments Pte. Ltd, its wholly owned subsidiary.
Circumstances giving rise to the change in interest are due to: a. Open market purchases - change in percentage level 0.09% b. Due to enlarged share capital of UFS
In capital market, definitely I do not invest alone! I should consider others' think/opinions about it>
wishbone ( Date: 20-Mar-2010 20:36) Posted:
I wonder why you ask this question here : “What shall we do about it?”
I thought u already have the answer and you were so boastful saying this in the "S chip is still in the shit" thread.
Hulumas
( Date: 19-Mar-201016:17) Posted:
Yes, I do not touch but I buy heavily because I get
very special price level advantages as a few only dare to buy S-chips
as described today in the Strait Times article "MOST S-CHIPS BEING
FROZEN OUT BY ANALYSTS".
SGX is doing "SHOW ACTION BUSINESS"........ Is that what you mean?
wishbone ( Date: 18-Mar-2010 10:03) Posted:
Most of the time I can only see SGX questioning the company when the share price of any counter went up unexpectedly. The best part of it, the STANDARD QUESTIONS are asked every time without fail and most of the company replied with also the STANDARD ANSWERS (Most probably they already prepared this well before hand anticipating the questions which are SO SO SO STANDARD).
Besides this, I hardly see SGX doing more than this.
iwonder ( Date: 18-Mar-2010 00:10) Posted:
I agree with wishbone and beruangface. By right SGX has a responsibility to fulfill.
But then things always go left.....SGX is only good at imposing hefty fines to law abiding ppl like us who sometimes forget and over sell.
Even the Singapore law cannot bring a Romanian criminal to justice what more can SGX do to China companies who flaunt the listing rules.....haha
When your expectation is loss, by all means you may short of course!
june_snowy ( Date: 21-Mar-2010 04:19) Posted:
By the look of it, guess STI will not be crossing 3000 for the next 2 weeks.
Haizzz.. So disppointing..... Any advise whether to short for next week?
US-BUSINESS Summary
Reuters - 2 hours 31 minutes ago
Stocks eye health reform, housing, Greece
NEW YORK - Washington's bid to put finishing touches on healthcare reform this weekend should help lift uncertainty on Wall Street, but there may be some turbulence along the way next week as the recent rally appears to be fraying. Democratic leaders in the House of Representatives pushed undecided members for support and voiced growing confidence on Friday they will win a close vote on final passage of a bill that requires a sweeping overhaul of the country's healthcare system.
Bernanke: Too big to fail a "pernicious" problem
Orlando, Florida - Regulators must be "significantly tougher" on large and complex financial firms to limit wider risks, but big firms are still needed to keep the global economy humming, Federal Reserve Chairman Ben Bernanke said on Saturday. Bernanke told an Independent Community Bankers of America conference that the problem of some firms being perceived as "too big to fail" is among the "most insidious" barriers to competition in financial markets.
Bharti board approves $9 billion offer for Zain Africa: report
NEW DELHI - The board of India's Bharti Airtel <BRTI.BO> on Saturday approved a $9 billion offer for Kuwaiti telecom Zain's <ZAIN.KW> African assets, Bloomberg reported, citing two people with knowledge of the negotiations. On Friday, a source told Reuters the board was to meet on Saturday to discuss the bid and that the two sides might clinch a deal next week.
Greece will pay its debts, will not default: PM
ATHENS - Greece has taken the necessary steps to tackle its fiscal crisis and will not default on its debt obligations, the country's prime minister said on Saturday in a speech to his socialist party's national council. Greece is pressing for a concrete standby package from its European Union partners to help bring its borrowing costs down. The overborrowed country currently pays almost twice as much as Germany to refinance its debt.
Dubai Nakheel woes may help Islamic finance in time
DUBAI - The trillion dollar Islamic finance industry is looking beyond the troubles of Dubai developer Nakheel <NAKHD.UL> at possible reforms that could help draw more interest from Western players. Dubai World <DBWLD.UL> rocked the global markets in November when it asked for a delay in repaying $26 billion in debt. A $4.1 billion sukuk, or Islamic bond, from its unit Nakheel staved off default thanks to a bailout from Abu Dhabi.
Ex-IMF head urges insolvency mechanism for states
BERLIN - An insolvency mechanism should be set up for nations that are unable to manage their debts, Horst Koehler, Germany's president and a former head of the International Monetary Fund, said in an interview on Saturday. Koehler told Focus magazine there was now a need to develop procedures for overly indebted nations similar to those already in place for companies.
Lehman exec letter warned on misleading investors: report
CHICAGO - A former Lehman Brothers Holdings Inc <LEHMQ.PK> executive warned months before the bank's collapse that senior management was potentially misleading investors and regulators about the value of the firm's assets, the Wall Street Journal reported on Saturday. In a May, 2008 letter addressed to then-Chief Financial Officer Erin Callan, Chief Risk Officer Chris O'Meara and others, Lehman senior vice president Matthew Lee said the firm had "tens of billions of dollars of unsubstantiated balances, which may of may not be 'bad,' or non-performing assets," the paper reported, citing the letter.
Obama urges senators to support financial reform
WASHINGTON - President Barack Obama urged lawmakers on Saturday to resist pressure to weaken a financial reform bill and called again for an independent consumer watchdog to help prevent future financial crises. As healthcare reform reaches a make-or-break vote in the House of Representatives on Sunday, Obama used his weekly radio and Internet address to highlight what may become his next top domestic priority: overhauling rules that govern Wall Street.
Schaeuble says any EU aid would be for "most extreme" cases
BERLIN - German Finance Minister Wolfgang Schaeuble said only the most extreme circumstances could justify a bailout of a European Union state from within the union, and any such aid would have to be delivered bilaterally. Responding to comments from European Commission President Jose Manuel Barroso about coordinated help for Greece, Schaeuble told the Bild am Sonntag newspaper there was no joint mechanism for the EU to assist a member state.
China inflation goal tough but reachable: official
BEIJING - China's 2010 inflation goal of 3 percent is tough but achievable, with good grain supplies and excess capacity helping keep prices down, while growth should hit 8 or 9 percent, senior government advisers told a conference on Saturday. The chief economist of the National Bureau of Statistics, Yao Jingyuan, told the China High Level Development Forum that the government was battling a range of forces pushing up consumer prices this year -- a key concern in Beijing.
The problem here when the the owner is selling as they know their company going to burst.... we are here to buy it as cheap and in the end become collect germs.... 100 % capital lost !!
Is Singapore mass media biased about S-chips? Seldom a story of S-chip] being published in news paper and other mean of media, why?
ohm136 ( Date: 20-Mar-2010 17:28) Posted:
Generally, local newspapers like The Straits Times and Zaobao, carry brief reports and/or dividend announcements of listed companies. CD released its FY'09 report and proposed a final div of 0.4 cts ps on 26/2/2010 in sgx website but not in the newspapers. I think shareholders who did not visit the website would have missed the info.
It is really a distorted biased protectionism act I suppose.
niuyear ( Date: 19-Mar-2010 17:44) Posted:
Companies like S-chips listed in singapore, will not attract the attention of US or European fund managers.
European and US funds looking opportunity in Asian companies with the request of CSR (corporate social responsible) and ESG (Environment, social, governonce) record. These are factors they consider the sustainability and succesful of an enterprise.
Singapore government is strong believer of this and given its support fully.
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