Latest Posts By niuyear
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About niuyear
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| 29-Mar-2011 16:07 |
CapitaLand
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Capitaland
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Hopefully can gain back uptrend.
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| 29-Mar-2011 16:03 |
CapitaLand
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Capitaland
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The uncertainties arise especially the coming election. If the " property prices / HDB's escalating prices" are going to be the most DEBATED issues during the course of election, the uncertainties of property counters are going to be affected If more negetive veiws are addressed.
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| 29-Mar-2011 15:59 |
CapitaLand
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Capitaland
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LOL! Sellers thought singapore going to have earthquack, and therefore, start selling properties counters.
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| 25-Mar-2011 17:13 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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Bonbon, if you kind enuf, send the cow to japan, their cows are very thin now.
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| 25-Mar-2011 17:06 |
Midas
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Midas
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My screen is made from a very trusted brand ......lol!
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| 25-Mar-2011 16:54 |
China Gaoxian
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ChinaGaoxian
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My gao xian's share money is now in their account balance........bearig my name as Shareholder,
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| 25-Mar-2011 16:00 |
Genting Sing
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$2 SHOW TIME
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i was refering to that Masterlim who shouted in china gaoxian thread .last time.
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| 25-Mar-2011 15:45 |
Others
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wHICH s-cHIPS yOU sTILL hOLDING
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i rather buy one good blue chip, then buying so many rubbish chips as like seriously informatics, stuck there since i bought 0.110 and i believe many also stuck with this share, then, come Gao xian..........If ths money pooled into buying Star hub when it was below 2.50........(it was my plan that time), now, lossing money on paper..
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| 25-Mar-2011 15:41 |
HPH Trust USD
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HPH Trust US$
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.985............cheong arhhhhhhhhh | ||||
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| 25-Mar-2011 15:40 |
Others
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wHICH s-cHIPS yOU sTILL hOLDING
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Not only s-chips have trouble, those Penny local stocks also quite risky,. |
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| 25-Mar-2011 15:37 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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Up or down? I think high time it meets the 3010......err hopefully by election time, 3400.. (own prediction, wait kenna go jail by any how predict..)
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| 25-Mar-2011 15:25 |
Others
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wHICH s-cHIPS yOU sTILL hOLDING
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is it big amt you borrowed?
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| 25-Mar-2011 15:03 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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NTUC is so clean and nice, why go coldstorage. ) Carrefoure closed down becausse people like Smathan. dressed up highclass go there see no buy.
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| 25-Mar-2011 15:00 |
Genting Sing
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GenSp starts to move up again
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general gathering talks with friends and those frequent flyers..... GENtingSP choeng arhhhhhhhhhhhhhh . Can we see more upside plse....:)
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| 25-Mar-2011 14:57 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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STI cheong arhhhhhhhhhhh | ||||
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| 25-Mar-2011 14:56 |
SingTel
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Singtel Bullish???
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did you miss the run ytd? If you still bought in ytd or today, if no profit taking, this one may go up. anyone's guess,but looks buying quite strong. :)
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| 25-Mar-2011 14:36 |
Midas
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Midas
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Wow, he is giving warning.
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| 25-Mar-2011 14:35 |
China Gaoxian
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ChinaGaoxian
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This guy is on traial on insider trading - he was the one who leaked out warrent buffet's investment porfolio., if i rmemeber correctly.Rajaratnam's Wiretapped Call With Brother Played to Bolster Insider CaseBy - Mar 25, 2011 12:01 PM GMT+0800
Raj Rajaratnam, the Galleon Group co-founder accused of insider trading. Photographer: Jin Lee/Bloomberg A wiretapped telephone call between Galleon Group LLC’s Raj Rajaratnam and his brother Rengan was used by prosecutors to bolster their case against the hedge fund co-founder in the insider-trading trial. Yesterday, Rajiv Goel, who had worked in Intel Corp. (INTC)’s treasury group, returned to the witness stand to testify that he leaked secret information to his friend Raj Rajaratnam. His testimony centered on his alleged 2008 tip that Intel would invest $1 billion in a new wireless network company formed by Clearwire Corp. (CLWR) and Sprint Nextel Corp. Prosecutors played several recordings of Goel telling Rajaratnam about the deal. To counter possible claims by defense lawyers that the news Goel leaked was already public, prosecutors also played a tape from March 25, 2008, of a conversation between Raj and Rengan Rajaratnam. The Raj-Rengan discussion took place six days after Goel was recorded telling Rajaratnam about the venture and Intel’s investment -- and just moments after the Wall Street Journal posted an online story about the Sprint-Clearwire deal. “It’s all over the Wall Street Journal,” Rengan Rajaratnam told his brother at 8:22 p.m., according to the wiretapped recording played for jurors in Manhattan federal court. “They’re short on details, but they kind of say, you know, they’re looking to raise as much as $3 billion.” Sprint VentureThe brief telephone call is intended to show that Goel’s tips to Raj Rajaratnam, beginning on March 19, did in fact contain confidential information and included news that hadn’t appeared in the press. Prosecutors have said that Rengan Rajaratnam, founder of hedge fund Sedna Capital Management, conspired with his brother to trade on inside information. Rengan hasn’t been criminally charged. Raj Rajaratnam, 53, is the central figure in the largest crackdown on hedge-fund insider trading in U.S. history. The Sri Lankan-born money manager is accused of making $45 million from tips leaked by corporate insiders such as Goel. Rajaratnam denies wrongdoing, saying he based trades on research. Goel, who pleaded guilty on Feb. 8, 2010, to conspiracy and securities fraud charges and is cooperating with the U.S., recounted a call from Rajaratnam in 2009 after Intel acquired Wind River Systems Inc. Rajaratnam complained that Goel hadn’t told him about the deal, Goel said. “He said, ‘How come you didn’t tell me?’” Goel testified. He adding that Rajaratnam also said, “Fortunes are made and lost on this” type of information. Also that year, Rajaratnam yelled at Goel when Goel couldn’t uncover Intel financial data, he testified. “What kind of executive are you?” Rajaratnam shouted, according to Goel. Public AnnouncementPart of yesterday’s court session was devoted to reviewing Goel’s taped conversations with Raj Rajaratnam about the venture Sprint formed with Clearwire. The transaction was publicly announced on May 7, 2008. “What are you going to do?” Goel is heard asking Rajaratnam on a tape from March 20, 2008, after Goel outlined the contours of the Sprint-Clearwire deal and Intel’s investment. Other wiretaps showed how close the two had been. They include Goel asking Rajaratnam about their planned vacation in Italy together, Goel asking for help getting a job “with one of your powerful friends,” and Rajaratnam asking about hotel accommodations during a reunion for the Wharton School at the University of Pennsylvania, from which they graduated in 1983. ‘Psychic Reward’At one point, Goel told Rajaratnam that he received an Intel Achievement Award from his employer for his work on a particular transaction. Rajaratnam replied that Goel would get only a “psychic reward” from Intel, not a financial one. Goel testified that Rajaratnam made $123,000 in profit for him in 2008 from trading in the stock of PeopleSupport Inc. A unit of Essar Group, an Indian company, offered to buy PeopleSupport that year. Goel told jurors that Rajaratnam bought 15,000 shares of PeopleSupport in Goel’s Charles Schwab account on July 2, 2008, and another 15,000 shares on July 28. When the companies announced the deal on Aug. 4, 2008, PeopleSupport stock jumped 25 percent. Goel sold his 30,000 shares one week later at a profit of $103,000, he testified. Later, when Essar announced in October 2008 that it would need additional time to close the acquisition, PeopleSupport shares dropped sharply. Goel said Rajaratnam again bought 30,000 shares for his account, telling him he was “100 percent sure” the deal would close. ‘Our Guys’“We know because one of our guys is on the board,” Rajaratnam said on a wiretap played for jurors earlier in the trial. Goel sold the stock two days later, after the parties announced a new closing date, for a $20,000 profit, he said. On cross-examination, Goel testified that he and Rajaratnam stayed in touch after graduating together from the Wharton School. Their friendship developed in 2001, a year after Goel started working at Intel, he said. Terence Lynam, a lawyer for Rajaratnam, asked Goel repeatedly if he was testifying against his former friend to get a more lenient sentence. “I’m asking whether you understand that that’s your best chance of getting a lower sentence,” Lynam said. “Best chance, yes,” Goel said. Lynam suggested to Goel that Rajaratnam traded in Goel’s account not as payment for tips but because he was a generous friend. The lawyer also noted that Rajaratnam often kidded with Goel and that the two men carried on “a game where you would talk about how Intel was going to do.” BMW CarsIn testimony earlier this week, Goel said that Rajaratnam told him in 2003 that Rajaratnam had given BMW cars to two women in Intel’s sales department who leaked information to him. Lynam asked Goel if he thought Rajaratnam was joking. “I don’t think that was a joke, sir,” he responded. Wasn’t Rajaratnam kidding when he told Goel in a wiretapped conversation that he would kiss Goel on the cheek the next time he saw him? Lynam later asked. “I hope he was,” said Goel, to laughter in the courtroom. “If not, I had him figured out all wrong.” Prosecutors said yesterday they will present another two weeks’ of testimony in the trial. The case is U.S. v. Rajaratnam, 1:09-cr-01184, U.S. District Court, Southern District of New York (Manhattan). To contact the reporters on this story: David Glovin in Manhattan federal court at glovin@bloomberg.net Patricia Hurtado in Manhattan federal court at phurtado@bloomberg.net Bob Van Voris in Manhattan federal court at rvanvoris@bloomberg.net. |
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| 25-Mar-2011 14:28 |
SingTel
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Singtel Bullish???
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Last week, it slipped belowo 2.84 but bounced back fast.
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| 25-Mar-2011 14:20 |
Genting HK USD
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Genting HK US$
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Re: Sell on news, Usually, nothing to sell when news come out. (Unless one is into shorting) Always news come out then buy.....lol!
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