Latest Posts By pharoah88
- Supreme
About pharoah88
|
|
| 26-Jul-2010 18:44 |
Genting Sing
/
GenSp starts to move up again
 Go to Message
|
||
 x 0
 x 0
|
S$1.48 | ||
| Good Post Bad Post | |||
| 26-Jul-2010 18:37 |
Genting Sing
/
GenSp starts to move up again
Go to Message
|
||
|
x 0
x 0
|
NO TURNiNG BACK | ||
| Good Post Bad Post | |||
| 26-Jul-2010 18:32 |
YZJ Shipbldg SGD
/
Cruising with the ship ..Yangzijiang
Go to Message
|
||
|
x 0
x 0
|
WHY PRiCE STiLL DROPPED ? ? ? ? COSCO already GAP UP UP
|
||
| Good Post Bad Post | |||
| 26-Jul-2010 18:29 |
Straits Times Index
/
STI to cross 3000 boosted by long-term investors
Go to Message
|
||
|
x 0
x 0
|
Bank Debt Chinese banks may struggle to recoup about 23 percent of the 7.7 trillion yuan ($1.1 trillion) they’ve lent to finance local government infrastructure projects, according to a person with knowledge of data collected by the nation’s regulator. About half of all loans need to be serviced by secondary sources including guarantors because the ventures can’t generate sufficient revenue, the person said, declining to be identified because the information is confidential. The China Banking Regulatory Commission has told banks to write off non-performing project loans by the end of this year, the person said. Only 27 percent of the loans to the financing vehicles can be repaid in full by cash generated by the projects they funded, the person said. An official at the banking regulator’s press office in Beijing declined to comment when contacted today. Bank of China Ltd. dropped 0.3 percent to 3.56 yuan. Agricultural Bank of China lost 0.4 percent to 2.80 yuan.
|
||
| Good Post Bad Post | |||
| 26-Jul-2010 18:24 |
Straits Times Index
/
STI to cross 3000 boosted by long-term investors
Go to Message
|
||
|
x 0
x 0
|
|
||
| Good Post Bad Post | |||
| 26-Jul-2010 15:09 |
FSL Trust
/
FSL Trust - starting to see value in it
Go to Message
|
||
|
x 0
x 0
|
CHANGE SHIP to PST ? ? ? ? PST has NEW INCOME STREAMS SECURED for NEXT 10 YEARS ? ? ? ? |
||
| Good Post Bad Post | |||
| 26-Jul-2010 15:04 |
Straits Times Index
/
STI to cross 3000 boosted by long-term investors
Go to Message
|
||
|
x 0
x 0
|
There are enough private property segments for SEPCULATIONS. Aren't they ? ? ? ? Is there a NEED for HDB segment to be OPEN to SPECULATIONS by the RiCH ? ? ? ? HDB is supposed to HELP the POOR ? ? ? ? WHY is the POOR not protected from the EXPLOITATION of the RICH in the HDB segment ? ? ? ? |
||
| Good Post Bad Post | |||
| 26-Jul-2010 14:57 |
Straits Times Index
/
STI to cross 3000 boosted by long-term investors
Go to Message
|
||
|
x 0
x 0
|
It sounds like Righting the 'IMBALANCE' WRONG done earlier ? ? ? ? Will it Really Right the 'IMBALANCE' WRONG ? ? ? ? - UNdersupply earlier is one avenue of INCREASING PENDED DEMAND ? ? ? ? - Allowing the subsidised HDB Flat to be owned by nOn-Occupier to earn RENT is also an avenue of INCREASING WANTED but nOt NEEDED DEMAND ? ? ? ? - Allowing the subsidised HDB Flat to be owned by UPGRADED Private Property Owner to RENT OUT for Profit is yet another avenue of INCREASING WISHED but nOt NEEDED DEMAND ? ? ? ? It is very UNFAIR to First Time Applicant who has absolutely NEEDED DEMAND to start a FAMILY ? ? ? ? RESELLER MARKET is now satisfying the: - WISHES of Private Property Owner to make RENT PROFIT ? ? ? ? - WANTS of nOn-Occupier Owner to make RENT PROFIT ? ? ? ? - NEEDS of Occupier Owner at an INFLATED COST and COV CASH DRAIN ? ? ? ? WHY make the pOOrer EVEN pOOrer ? ? ? ?
|
||
| Good Post Bad Post | |||
| 26-Jul-2010 11:56 |
S i2i
/
Spice i2i - baby spice!
Go to Message
|
||
|
x 0
x 0
|
Spice i2i rights issue: Some shareholders concerned They fear that a large rights issue will lower the company’s share price Jo-ann Huang joannhuang@mediacorp.com.sg SINGAPORE Formerly known as MediaRing, the board of directors at Spice i2i, however, received overwhelming support for their 1.37 billion shares rights issue. But some shareholders claim that such a large rights issue will drag lower Spice i2i’s current share price of 16.5 cents. Mr Toh Peng Teng, a shareholder of Spice i2i since 2007, told MediaCorp that other types of funding can be secured instead. Inclusive of the 1.37 billion rights shares, Spice i2i’s entire share capital will be more than 2.7 billion shares. Mr Toh believes that is too many shares for a small company like Spice i2i. And with current market conditions, this may render the extra shares stagnant if trading activity is limited by demand. This may in turn stump share-price growth, he added. “They should use internal funding instead of introducing more shares into the market at such an uncertain time.” According to Spice i2i’s circular for the rights issue dated July 8, net proceeds of the rights issue are intended to fund working capital requirements, capital expenditure, market expansion, new product development, acquisitions and general corporate expenses. Mr Roger Tan, vice-president of SIAS Research, noted that clarity over the use of the proceeds is lacking. “I think the biggest issue is raising capital for working capital needs, but (Spicei2i) doesn’t say what,” he said. However, he noted that with Spice i2i’s repositioning, it may look to acquire more companies as it did since it took over MediaRing. Recently, Spice i2i chairman Dr B K Modi pledged US$100 million ($137 million) towards a joint venture with Malaysian mobile phone makers CSL to introduce Spice’s own line of mobile phones to the Malaysian, Thailand and Indonesian markets. India-based mobile services giant Spice Group, also chaired by the flamboyant Dr Modi, had bought a 20-per-cent stake in MediaRing for $60 million last August, making it the largest shareholder. Dr Modi acknowledged that with Spice i2i positioning itself towards a new strategic direction, it will naturally cause some discontent among some longtime MediaRing shareholders. However, Dr Modi said he is looking to turn the depressed share price around. “When we bought the company it was very much in a distressed situation,” he said. “I can only say that we are trying to bring it back but I can’t create magic to be in line with the industry we are getting in. And I think we are in the right industry.” — Detractors of Spice i2i’s $133 million rights issue raised their concerns over further share price dilution at the company’s extraordinary general meeting last Friday. |
||
| Good Post Bad Post | |||
| 26-Jul-2010 11:45 |
Fixed Deposits
/
SGD Cash Deposit
Go to Message
|
||
|
x 0
x 0
|
Singapore dollar likely to strengthen, says IMF SINGAPORE to accelerate and policy-makers should stay vigilant on the outlook for growth and prices, which may require the “further calibration” of monetary policy, the International Monetary Fund (IMF) said. The city-state’s exchange rate regime remains “appropriate”, the board of directors said in a statement concluding a July 16 meeting, which was released yesterday. In its annual assessment of the country’s economy, the IMF said the Singapore dollar appears “somewhat weaker” than its medium-term equilibrium level. Singapore expanded at a record pace in the first six months of this year, putting it in contention to be the world’s fastest growing economy this year. The central bank uses the Singapore dollar instead of interest rates to manage inflation [HOW ?] , and on April 14, it allowed a revaluation and shifted to a stance of gradual appreciation. [HOW ?] By nOt increasing Interest Rate, S$ has weakened against all currencies [like AUD, NZD, MYR etc] which increased interest rates. PRICES of Australian goods are CRACYLY HIGH. Even Nestle Ice Cream 1.5L box is S$5.00 in Singapore supermakerts while it is only RM5.00 in JB supermarts everyday. IMPORTED goods' PRICES can be MUCH much cheaper if S$ interest rate is matched against AUD or NZD or at least MYR's interest rates. “The return to a modest and gradual appreciation of the Singapore dollar in nominal effective terms is consistent with internal and external stability,” the IMF said. It added that the currency “would likely strengthen in real effective terms over time” amid an expanding economy and policies to boost productivity growth. The Washington-based IMF expects economic growth of 9.9 per cent this year, after a contraction of 1.3 per cent last year and expansion of 4.9 per cent in 2011. — Singapore’s inflation is likelyBLOO MBERG |
||
| Good Post Bad Post | |||
| 26-Jul-2010 11:11 |
Keppel
/
keppel Corp
Go to Message
|
||
|
x 0
x 0
|
Keppel Corp Buy | $8.94 CLSA upgrades Keppel Corp to Buy from Outperform on valuation grounds after recent underperformance. Cites contracts wins from Petrobras as near-term stock catalysts. But trims target price to $10.44 from $10.99. |
||
| Good Post Bad Post | |||
| 26-Jul-2010 11:03 |
User Research/Opinions
/
MAY BANK initiates GROWTH ERA tOday
Go to Message
|
||
|
x 0
x 0
|
Malaysia’s FDI takes a tumble KUALA LUMPUR The World Foreign Investment Report 2010 released by the United Nations on Thursday showed that FDI in Malaysia plunged 81 per cent last year (2009) , trailing behind the Philippines, Vietnam, Thailand, Indonesia and Singapore. “For the first time ever in history, Malaysia attracted less investment than the Philippines,” said Mr Tony Pua, the chief economist for the Democratic Action Party. The Philippines attracted US$1.95 billion ($2.67 billion) in FDI compared to Malaysia’s US$1.38 billion, while Singapore raked in the most — more than US$16 billion. “Among South-east Asian nations, we are now only attracting more FDI than Cambodia, Myanmar, Brunei, Laos and Timor Leste,” added Mr Pua. Prime Minister Najib Razak is determined to lift Malaysia’s profile as a destination for foreign investment to help achieve an average gross domestic product (GDP) growth of at least 6 per cent per annum over the next five years. “Malaysia was the only country where our outflow of FDI amounting to US$8.04 billion is substantially greater than the FDI of US$1.38 billion received,” charged Mr Pua. “Not only are foreign investors unwilling to invest in Malaysia, our own local investors as well as foreign investors who are already in the country have a total lack of confidence in the ability of our economy to generate an attractive return on their investments.”
|
||
| Good Post Bad Post | |||
| 26-Jul-2010 10:53 |
OCBC Bank
/
OCBC
Go to Message
|
||
|
x 0
x 0
|
COMMON STANDARDS, EVENTUALLY The amount of money that bankers and hedge fund managers take home is one of the factors fuelling the strong revival of Singapore’s financial industry. Post-financial crisis, financial institutions in the West are finding the business environment increasingly harsh amid backlash and public anger. For instance, the United Kingdom government introduced a tax on bankers’ bonuses while other European governments increased scrutiny on hedge funds. Last week, United States President Barack Obama signed into law a 2,300-page financial regulation Bill which mandated sweeping reforms, including limits on banks’ proprietary trading and their ownership in any hedge fund or private equity endeavour. While Asian financial centres would benefit from this disparity in taxation and regulatory regimes — several hedge funds have already announced their relocation from London to Hong Kong and Singapore — Mr Zink believes that the playing field will be levelled over time as countries arrive at a common set of standards. Pointing out that regulators and governments have reacted directly to their own peculiar experiences during the crisis, “we may start at different points but we are all going to converge somewhere (where) we say these are the lessons we learnt and these are the new safeguards we put in place ... the forces inside of our industry, with the movements of money, information and talent, pull us towards a common outcome”, he said. |
||
| Good Post Bad Post | |||
| 26-Jul-2010 10:41 |
OCBC Bank
/
OCBC
Go to Message
|
||
|
x 0
x 0
|
USE THEM OR LOSE THEM Upon taking the reins at Citi Singapore on May 1, Mr Zink was quick to identify talent retention and attraction — as the global financial industry recovers from the recent crisis — as his No 1 priority. Said Mr Zink, a chemical engineer by training: “Dealing with people, motivating folks, making sure they have the opportunities that they want — that’s a daily event. For me, any chief executive in any business any where, that’s the most important priority.” As financial institutions worldwide gear up to ride the rebound, the last few months saw a flurry of high-profile appointments and poaching among investment banks. On this front, Mr Zink acknowledged — somewhat gladly — that Citi had been quiet compared to its rivals. “It is true that there are folks who are expanding , especially in high-end corporate banking – but then you ask the question: What are they trying to do? They are trying to build what we have,” he said.
You have to have enough scale that you can support those overseas ambitions through the capital you have to provide. But more importantly, it’s the talent. You have to have enough depth in your management team that when you open somewhere else, the culture of your institution travels along with you. Mr Michael Zink, Citigroup’s new country head for its Singapore operations (right) |
||
| Good Post Bad Post | |||
| 26-Jul-2010 10:34 |
OCBC Bank
/
OCBC
Go to Message
|
||
|
x 0
x 0
|
TOUGH MARKETS TO CRACK As with many other industries, the China and India markets represent the Holy Grail for banks around the world. But these markets are notoriously difficult to crack, given their governments’ protectionist instincts. In April, excessive red tape in India forced DBS to alter its strategy by pulling out of its retail-banking business and focusing instead on affluent customers. Foreign banks in India account for about 6.5 per cent of the banking industry’s assets — a figure that has stagnated for many years. Compared to other banks, Citigroup, which displaced Standard Chartered Bank as the largest foreign bank in India in 2002, had relatively better fortunes. Citi has 42 branches across 30 cities in India. Mr Zink, who was based in Guangzhou for three-and-a-half years before he was posted to Singapore, reiterated that apart from having a “clear vision” of what the profile of the business should be in a foreign market, patience and persistence are key. Said Mr Zink: “You have to understand that it’s going to take a long time. But that doesn’t mean you just wait around for time to pass ... you have to work at it every day. Your 10-year plans — that’s over 40 quarters ... quarter by quarter, you deliver your results, you stay consistent to your strategy.” |
||
| Good Post Bad Post | |||
| 26-Jul-2010 10:03 |
OCBC Bank
/
OCBC
Go to Message
|
||
|
x 0
x 1
|
D “People were queueing for this. I lived in Indonesia before, so it’s not my first time for durians but then to watch people eat the durians ...” said the 51-year-old American, widening his eyes in mock amazement. The global financial services giant with which he has been working for the past 22 years — in nine countries including China, Africa, Russia, Australia and Indonesia — appears to share his knack for settling down quickly in unfamiliar territories. Since Citi first ventured from its shores in 1902, the 198-year-old bank now boasts the planet’s largest financial network, serving 200 million customers across six continents in more than 140 countries. While cracking overseas markets has become almost second nature to Citi, Singapore’s homegrown banking groups DBS, OCBC and UOB have not had as much luck in spreading their wings beyond south-east Asia. Last month, Minister Mentor Lee Kuan Yew noted at the Association of Banks in Singapore’s annual dinner that the three local banks were not large enough on their own to “go abroad in a big way”. Mr Zink believes that size does matter. But it is by no means the critical ingredient — as Citi’s experience has shown. “In 1902, Citibank wasn’t all that big. When you think about size, it’s important to be big enough, you have to have enough scale that you can support those overseas ambitions through the capital you have to provide,” said Mr Zink. “But more importantly, it’s the talent. You have to have enough depth in your management team that when you open somewhere else, the culture of your institution travels along with you.” espite having been here for less than three months, Mr Michael Zink, Citigroup’s new country head for its Singapore operations, already feels at home — thanks to a self-designed crash course that involved not just visiting art galleries, book launches and poring over a hawker food guide, but more memorably, observing usually-stoic Singaporeans shed their inhibitions at his company’s annual durian party.
|
||
| Good Post Bad Post | |||
| 26-Jul-2010 09:55 |
OCBC Bank
/
OCBC
Go to Message
|
||
|
x 0
x 0
|
CAUSE & EFFECT CAUSES: MANAGEMENT SIZE TOO BIG COMPENSATIONS TOO HIGH EFFECTS: PROFITS tOO low DIVIDENDS tOO low SHARE PRICE tOO low
|
||
| Good Post Bad Post | |||
| 26-Jul-2010 09:51 |
OCBC Bank
/
OCBC
Go to Message
|
||
|
x 0
x 0
|
Size matters, but depth matters more Citi’s new country head on what it takes to be a global bank, and Singapore’s regulatory edge Loh Chee Kong cheekong@mediacorp.com.sg |
||
| Good Post Bad Post | |||
| 26-Jul-2010 09:36 |
Others
/
Photographying Floods can be risky too
Go to Message
|
||
|
x 0
x 0
|
It’s not too late ... Letter from Keith Low Sheng Hng AFTER the recent spate of torrential rains and the floods that followed, many questioned the Public Utilities Board’s ability to handle large amounts of rainfall and whether more could be done to improve Singapore’s drainage system. But while the PUB certainly has much work to do, we should not forget we can do something about the root of the problem: The rain. Minister Mentor Lee Kuan Yew last week called the rain and floods an “Act of God”. I would call it “a Reaction of God to the Actions of Men”. Climate change has wreaked havoc on weather patterns the world over. Japan is battling a heatwave with temperatures hitting 40.9°C, while China is facing deadly floods. Singapore’s average annual temperature has risen in recent years, reports tell us. So, what does this mean to us? Simply: We should do our part by trying to save the environment. This can be done in small increments, in many simple ways, like lessening the use of air-conditioners or turning lights off when not in use. They may seem like insignificant acts, but clearly, we’re already seeing the effects of mankind’s environmental callousness.
|
||
| Good Post Bad Post | |||
| 26-Jul-2010 09:21 |
Others
/
Photographying Floods can be risky too
Go to Message
|
||
|
x 0
x 0
|
sOunds similar to the SHARE PRICE ALERT SYSTEM ? ? ? ? Are investors / traders MORE SECURED, ASSURED, EMPOWERED ? ? ? ?
|
||
| Good Post Bad Post | |||
| First < Newer 9261-9280 of 13894 Older> Last |