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11-Nov-2008 21:36

Others / Las Vegas Sands signals it may not survive downtur

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Go ask JP morgan to teach them how to buy, how to invest...go JP maogan way.....Ya.

Gen't sand good target within our control, still can make it if ah kong got powerful money available, look like Capland is the....selling away a few warehouse (Reits) and there is one talented guy called for calling up...he is formerly OUB bank chief and also ST Eng...chief. But he is only just one...!! Nothing mush he cab do as compare to those biggiesssss on board.

elfinchilde ( Date: 11-Nov-2008 16:05) Posted:

agree with smartbear. it's the people's money they're playing with--OUR money. Same with GIC. notice how after they lost money in MS and all, they are just oh-so-quiet?

whatever happened to accountability? How much of their so-called profit is in fact income from our CPF and all--steady revenue--rather than investment profits?

A$400mil was invested in the ABC childcare centre in aussieland. Temasek bought at about $7.30. Before suspension, the shares were trading at 54c. how much of our money was lost? You go do the maths.

As for ML investment: let's face it: temasek was only lucky that BoA bought them out. GIC wasn't so lucky with its stake in MS.

And this is just it: why are we paying our scholars so much, that we "peg their salaries to the highest CEO pay package so as to be competitive"---yet CEOs can be fired, but scholars, never? Even CEOs have performance reviews. 1.9mil is the ministerial salary. up from previous years' 1.2mil. I say if we're paying them so much, then we have the full right as citizens to question if we're getting our money's worth. No more such thing as "we have made an honest mistake, let's close ranks and move on."

If market practice is to be competitive, then i say, we pay each of them exactly what he/she is worth. Fairly, based on their actual work and results. And not a one-salary-fits-all.

Long term investments should be by design, not default.

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11-Nov-2008 21:21

Others / Las Vegas Sands signals it may not survive downtur

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it is definate not lack of opposition, definately lack in cow sense,,, err....commom sense when Bearstrean announced it arrival and when our ah kong move in in a hurry to top up their credit Citi, UBS ML Barleys...Singapore style...kia soooo, (Why don't there top up our retirment a/c and credit all our Ex NS fellows, that will over nite solve all our retirement problem liao). so b prepare for long, long, very long term, very , very long trem investment. Even now Arab oil money is into trouble now as oil px fall and fall....satge four... Smiley

What next...?. YA. look to OBAMA lohh...US700B and China US877B, all very serious about how to stop this Sub-prime from collapse. what can Sing..do with a few a hundred Bil or two, losses a few $Bil here and lossing a few S$Bil there, got money ...talk big ONLY, some said got chances must invest somemore, all this companies IS NOT control, there r control by ANGMO

SmartBear ( Date: 11-Nov-2008 16:53) Posted:

the problem is we do not have any opposition in singapore. or rather they are not given the chance to make any real impact...

for those who say "we are a lot better then other countries, why rock the boat?"

i say "look at hong kong.."

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11-Nov-2008 21:00

Others / Las Vegas Sands signals it may not survive downtur

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Made me just wondering why soooooo quite this day when he or she speak on the rostrum and yet sleeping on those job making many million of $dollars. err.. losess ot profit, Sub-prime fianaical crisis is still in stage four. ::(( Smiley

...got money, money talk..very easy, no money... no talk

knightrider ( Date: 11-Nov-2008 14:59) Posted:

There is this Tomasay-in-charge, who make decision to invest in Australia and lost $400m in australia what abc or xyz learning school ! Another long long long term investment ! Don't laugh, this is a long..................................................................................long term investment !

Ha ! Ha ! Ha ! that guy take S$$$ and laught all the way to A$$$$ and run liao. Now Tomasay group become Tomoto group ! Hee ! Hee !

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09-Nov-2008 22:28

Straits Times Index / STI to cross 3000 boosted by long-term investors

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Good, great spoter like U, better day to come, should be better and more prepare then green & span

idesa168 ( Date: 09-Nov-2008 21:52) Posted:

Paul Volcker was the FED chief before Alan Greenspan who is being selected as the new Treasury Secretary for the Obama Admistration. I am sure this news will spur confidence in the mkt.

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09-Nov-2008 22:24

Straits Times Index / STI to cross 3000 boosted by long-term investors

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There is one very talented banker and he is formerly chief executive (CEO) of Oversea Union Bank (OUB) before United Overseas Bank (UOB) took over....believe he can do a better job then previous/former DBS bank chief, nomally chief executive has some vision. In this case, it is not, so much like us, very ordinary....expand aggresively during sunshine day and when it rain, retrench.... everybody know or knew it as every one does.....SIA does a better job then DBS

teeth53 ( Date: 09-Nov-2008 12:55) Posted:

The beginning of gloooming day to come, with DBS going to slash 900 jobs both in Spore n HK, High salary, longest and shortest servicing staffs 1st to go. those did not have to be retrench, must do 3 to 4 or even 5 staffer job with or w/o o/t been pay and obviously much longer working hours.

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09-Nov-2008 13:30

Straits Times Index / STI to cross 3000 boosted by long-term investors

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Been the chief...this is after all what he can do best and not before this financal crises happened..YA. I called it sleeping on the job and dreaming, since my warning has been posted since July 2007, Obviouly not a sharejunction fan.

teeth53 ( Date: 09-Nov-2008 13:24) Posted:

What i personnal do not like is this....earning very huge big salary and for what. it is their biggest mistake, misjudgement and yet......enjoyable w/o having to worry about their three decent meal.

http://sg.news.yahoo.com/afp/20081107/tap-singapore-banking-company-dbs-earnin-06f3cb7.html

Angmo somemore (what is so great about......)
Round of layoffs begin DBS Bank will cut 900 staff from its Singapore and Hong Kong offices to trim costs amid the global credit crisis. »Q3 profit down by 38%

Goldman Sachs lays off 10% of staff

teeth53 ( Date: 09-Nov-2008 12:55) Posted:

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09-Nov-2008 13:24

Straits Times Index / STI to cross 3000 boosted by long-term investors

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http://sg.news.yahoo.com/afp/20081107/tap-singapore-banking-company-dbs-earnin-06f3cb7.html

Goldman Sachs lays off 10% of staff

teeth53 ( Date: 09-Nov-2008 12:55) Posted:

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09-Nov-2008 13:12

Straits Times Index / STI to cross 3000 boosted by long-term investors

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Can not take on such job and or work stress...? Hr dept will be kept even more busier with contract workers, part-timers and hourly temp staffers, anything from S$4/- onward, much lower expectation is required for all effected with this economy down turn, just like 1997 financial down turn, IT dot .com bubble 2003, those willing can still survive whether we old or young :)) for new revamp job.

teeth53 ( Date: 09-Nov-2008 12:59) Posted:

This one NO wild guess, truth to form, tip of d ice berg, bankers becoming taxi driver, IT professional staffers becoming office admin workers, in all cost must come down.

teeth53 ( Date: 09-Nov-2008 12:55) Posted:

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09-Nov-2008 12:59

Straits Times Index / STI to cross 3000 boosted by long-term investors

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This one NO wild guess, truth to form, tip of d ice berg, bankers becoming taxi driver, IT professional staffers becoming office admin workers, in all cost must come down.

teeth53 ( Date: 09-Nov-2008 12:55) Posted:

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09-Nov-2008 12:55

Straits Times Index / STI to cross 3000 boosted by long-term investors

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09-Nov-2008 12:49

Genting Sing / Gen Int

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sands in trouble, then Gen't not in trouble......?

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04-Nov-2008 09:51

Straits Times Index / STI to cross 3000 boosted by long-term investors

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Quoto "The problem with the market now is the threat has been considered over when it haven't hit us yet". (just been stablized) US economy is not moving any time

Agree with U. In other word We R not out of the wood yet...will be seeing alot more companies reporting lower profit, more retrenching, highend property px down as prolong recession is not to be taken lightly. China need to grow it economy strength, so is EU

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04-Nov-2008 09:43

Straits Times Index / STI to cross 3000 boosted by long-term investors

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Here for info sharing.....Posted: 20Aug2007 Predict when this financial turmoil will end

This world is trying to bufff & trying to ensure ppl's all over that this storm will blow over.come on, of course we will, not before riding into stage 3.
We are facing at the word, confident right in our face and in our sub-conscious mind. scary Smiley

1st credit issue Smiley

, then credit squeeze Smiley

, next credit crunches Smiley

, what next ? Smiley

, credit melt....... Smiley

Cash is king....Hmm Smiley

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04-Nov-2008 09:39

Straits Times Index / STI to cross 3000 boosted by long-term investors

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26-Oct-2008 07:19	Others / Predict when this financial turmoil will end
	We are now at stage four...Ya. Mean what next.... credit crunches is almost over ...Ya. (??? is R we out of the wood yet...?).

26-Oct-2008 07:30	Straits Times Index / Crashing!! 4Go to Message
	This is what i mean...Ya. Hope someone out there do understand what i said...stage four liao.

HLJHLJ ( Date: 04-Nov-2008 09:20) Posted:

Can declare worst is over? With all gov intervening, i think a prolonged financial crisis is no more a threat. All banks guarantee deposits, so what can be worst? I think worst is over, in my opinion. However, for market to move forcefully, it might take another 2-3 yrs. Now is the re-org period.

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04-Nov-2008 09:29

Others / Oil Price

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http://www.channelnewsasia.com/stories/singaporelocalnews/view/387349/1/.html

Oil px fall, float at US$69, oil pump fall by another 5cents yesterday at Caltex, ExxonMobil and Singapore Petroleum Company (SPC) stations were lowered a further 5 cents per litre on Monday.

This came as global crude oil prices continued their downward slide.
ExxonMobil led the way by reducing prices at noon, followed by SPC and Caltex at 1pm.
Premium 95 grade now stands at S$1.746 a litre, while the price of diesel is reduced to S$1.503.
Petrol prices have been adjusted across all service stations for the three brands.
This is the 11th consecutive drop in pump prices since July.
.

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04-Nov-2008 09:22

TT Intl / TT Int moving?

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He did that just right for many China chinese companies...:))

knightbridge ( Date: 03-Nov-2008 16:51) Posted:

Guessing big right issue is coming, survival is more important than future profits.

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04-Nov-2008 09:21

TT Intl / TT Int moving?

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Right issue, that can px TT int'l even cheaper.. not good for TT, it can lead to alot more available shares into market, consolidation, reinvent and put it into better ship shape by internal borrow/earning, throught cutting down on excessive borrowing and adding more valueable products out of it current products, even a shares swap in btw to make TT Int'l a Mini MNC.

My 2cents worth

knightbridge ( Date: 01-Nov-2008 17:37) Posted:

Read today business times, negative report on cashflow issue. Bank not willing to extend credit. Maybe they can ask from Mr Oei.

Mr Oei i think will ask them to do a big right issue, and buy at lower price i think

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01-Nov-2008 08:40

Straits Times Index / STI to cross 3000 boosted by long-term investors

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FED has done a good job, lowering interest rate, at least temporary to stop the bleeding of DOW. STI has gone lower than 1500 once, now rest at almost 1800

teeth53 tot, STI bottomless pitch is seen... isit bargain hunting.....?.

ST Index	1,794.20 -7.71
Volume	1,600.9 M
Gainers/Losers	293 / 196

cyjjerry85 ( Date: 01-Nov-2008 00:31) Posted:

the ups and downs of our STI during the day is very much on tracking the US Dow Futures

lookcc ( Date: 01-Nov-2008 00:07) Posted:

sti, hsi n nikkei fearing dj negtv futures tis afternoon slided down, hence if dj postv close 2morrow morning then sti shud gap up tis monday morning n then goes further up when hsi opens at 10 am.......1836 is resistance [shud b easily broken on mon].

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01-Nov-2008 08:25

Straits Times Index / STI to cross 3000 boosted by long-term investors

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Another alternative.....http://money.cnn.com/data/premarket/index.html

http://money.cnn.com/data/markets/

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01-Nov-2008 08:19

Others / Relationship Managers Stories

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My personal experience. I quit subscribing to all AIA after my insurance polices matured, collect my $$$ n put it in stocks...losses alot, still got a few cents left in value, at least it is not, unlike DBS notes and or Lehman...It worthless, not even 1cent worth, depending on RM to make $$$. I rather depend on myself.

pikachu ( Date: 31-Oct-2008 14:30) Posted:

My personal experience - wanted to buy FD but was asked to consider NZD fixed deposits. When I say that I think NZD is falling, she just say "then of course its a good time to buy! it is at low price now!"

Anyone else have stories to tell?

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