Heidi Montag made her entrance into the modeling world when she walked the runway and posed in an ad campaign for her clothing line, Heidiwood. If the forces above are kind enough, may that be the beginning and end of her career there, as we really don't want to see anymore of the superficial famewhore slash former The Hills castmember.
Latest Posts By pharoah88
- Supreme
About pharoah88
|
|
| 27-Oct-2011 14:45 |
User Research/Opinions
/
MITSUI *ISKANDAR* FOCUS
 Go to Message
|
|||||||
 x 0
 x 0
|
News Update
¨ UEM Land announced that its 50:50 JV company with UM Land – Nusajaya Consolidated S/B has entered into two agreements with The Ascott Limited (under Capitaland) for the latter to provide technical advisory services as well as manage and operate 204 units of service residences to be known as “Somerset Puteri Harbour” in Nusajaya upon its expected completion. We believe the strategic tie-up is via UM Land as Capitaland has a 21% stake in the company. This new |
|||||||
| Good Post Bad Post | ||||||||
| 07-Oct-2011 21:22 |
User Research/Opinions
/
SOVERIGN # DEBT # RATINGS
Go to Message
|
|||||||
|
x 0
x 0
|
Insee Cuts French Growth Forecast Sees Stagnation In Q4 The French statistical office Insee downgraded its growth forecast amid a new spike in uncertainty over the summer. (Oct 7, 2011) Full Article Moody's Downgrades Nine Portuguese Banks Moody's Investors Service on Friday downgraded senior debt and deposit ratings of nine Portuguese banks, citing deterioration of their unsupported financial strength. (Oct 7, 2011) Full Article IMF: Risks To Australia's Growth Outlook Tilted To Downside Risks to Australia's economic growth prospects are tilted to the downside, though the overall outlook is favorable, the International Monetary Fund said Thursday. (Oct 7, 2011) Full Article ECB's Gonzalez-Paramo: Interest Rates Are " Sufficiently Low" The current interest rates in Eurozone are " sufficiently low," reports quoted European Central Bank Executive Board member Jose Manuel Gonzalez-Paramo as saying in a radio interview on Friday. (Oct 7, 2011) Full Article Canadian Unemployment Drops To 7.1%, Economy Generates Nearly 61,000 Jobs Canadian employment rose sharply in September, with most of the gains coming in full-time positions, official data revealed Friday. (Oct 7, 2011) Full Article |
|||||||
| Good Post Bad Post | ||||||||
| 07-Oct-2011 14:19 |
User Research/Opinions
/
$$$$$$$$ MALAYSIA * GEMS $$$$$$$$
Go to Message
|
|||||||
|
x 0
x 0
|
UEMLAND - Price Target
Date Open Price Target Price Upside/Downside Price Call Source
08/09/2011 2.07 2.70 +0.63 (30.43%) BUY MAYBANK
05/08/2011 2.57 3.80 +1.23 (47.85%) BUY CREDIT SUISSE
11/07/2011 2.75 3.44 +0.69 (25.09%) BUY UOB
28/06/2011 2.82 3.35 +0.53 (18.79%) TRADING BUY RHB
19/04/2011 2.72 3.52 +0.80 (29.41%) BUY OSK
14/04/2011 2.78 2.80 +0.02 (0.71%) HOLD RHB
29/03/2011 2.67 3.80 +1.13 (42.32%) BUY CREDIT SUISSE
UEM Land: Earnings continued to miss expectations Underperform (down from MP)
2QFY11 Results / Briefing note
'' 2Q11 net profit missed expectations by 20-30%. The strong sequential growth of 171% in turnover was due to higher revenue from property development projects (+125%) and developed land sales (to RM122.1m from RM7.3m in 1Q11). This 2Q11 results also reflected the full quarter contribution from Sunrise .
Derived from RHBInvest Research 26/08/2011
UMLAND - Price Target
Date Open Price Target Price Upside/Downside Price Call Source
25/08/2011 1.35 2.30 +0.95 (70.37%) BUY HLG
25/08/2011 1.35 2.02 +0.67 (49.62%) BUY CIMB
23/08/2011 1.39 2.87 +1.48 (106.47%) BUY HLG
01/06/2011 1.91 2.53 +0.62 (32.46%) BUY CIMB
31/05/2011 1.88 2.53 +0.65 (34.57%) BUY CIMB
UMLand (BUY)
Earnings in-line
'''' Net profit rose 18% yoy, while 1H net profit rose 89% yoy to RM24m, or 46% of our estimate.''
'''' We regard this as in-line with our expectation, due to seasonality.''
'''' The RM189m Puteri Harbour condo was slated for 3Q launch, but has been pushed back to 4Q as building approval is still pending.''
'''' We continue to like UMLand for their undemanding valuations and earnings growth story.'' UMLand continues to trade at 70% discount to RNAV and single-digit P/E, providing investors with an opportunity to accumulate before earnings re-rating takes place in 2012, which we estimate to be circa 30%.
'''' The bonus issue shares from the 1 for 4 bonus issue will be listed today, and we adjust our price target from RM2.87 to RM2.30 accordingly. Maintain BUY. - Derived from HLIB Research - 25/08/2011
|
|||||||
| Good Post Bad Post | ||||||||
| 07-Oct-2011 13:28 |
User Research/Opinions
/
$$$$$$$$ MALAYSIA * GEMS $$$$$$$$
Go to Message
|
|||||||
|
x 0
x 0
|
|
|||||||
| Good Post Bad Post | ||||||||
| 07-Oct-2011 12:55 |
User Research/Opinions
/
$$$$$$$$ MALAYSIA * GEMS $$$$$$$$
Go to Message
|
|||||||
|
x 0
x 0
|
|
|||||||
| Good Post Bad Post | ||||||||
| 07-Oct-2011 12:41 |
User Research/Opinions
/
your biggest worries?
Go to Message
|
|||||||
|
x 0
x 0
|
|
|||||||
| Good Post Bad Post | ||||||||
| 07-Oct-2011 12:27 |
Seatrium
/
Sembmarine
Go to Message
|
|||||||
|
x 0
x 0
|
Sembcorp Marine: FPSO conversion work from repeat customer Summary: Sembcorp Marine (SMM) announced recently that its wholly owned subsidiary, Jurong Shipyard, has secured an FPSO conversion project worth about S$130m from MODEC. Delivery to MODEC is scheduled to be in 2Q13 in Brazilian waters, which still remains a major source of work where oil related companies are hopeful of securing more orders. SMM has secured S$2.8b worth of new orders YTD, accounting for 62% of our full year estimate. The group has eight outstanding rig options worth about S$2b which we estimate should expire by 1H12. Meanwhile, it is also in the running for additional projects. As the contract value of individual projects can be substantial (recall PTTEP’s S$600m integrated platform order), the securing of two such projects would increase SMM’s order book considerably. However, should we fail to hear of more new orders in the near term, the group would be exposed to higher earnings risk. Meanwhile, we keep our earnings estimates intact for now and maintain our BUY rating with S$5.70 fair value estimate. (Low Pei Han) |
|||||||
| Good Post Bad Post | ||||||||
| 07-Oct-2011 12:01 |
User Research/Opinions
/
MITSUI *ISKANDAR* FOCUS
Go to Message
|
|||||||
|
x 0
x 0
|
UEM Land: Unit appeals to IRB. UEM Land’s wholly owned subsidiary, Bandar Nusajaya Development Sdn Bhd (BND), received a notice of additional assessment from the Inland Revenue Board for additional tax and penalty in respect of the year of assessment 2006, resulting in an additional tax payable of RM73.8m . BND has commenced the appeal process against the additional assessment. (Source: Bursa Malaysia) |
|||||||
| Good Post Bad Post | ||||||||
| 06-Oct-2011 17:21 |
User Research/Opinions
/
SOVERIGN # DEBT # RATINGS
Go to Message
|
|||||||
|
x 0
x 0
|
Hsieh Fu Hua steps down as Temasek president He cites personal priorities as reason for stepping down Teo Xuanwei
Mr Hsieh (picture) was appointed president of Temasek 14 months ago and had been tipped as a potential successor to its chief executive Ho Ching. In a statement, Temasek said Mr Hsieh decided to step down from his executive position to “make room for personal priorities”. Mr Hsieh, 60, will remain as a board member, as well as retain his position as chairman at the group’s Fullerton Fund Management Company, ST Asset Management and the Temasek-supported Stewardship and Corporate Governance Centre, according to the statement. Mr Hsieh is the second president Temasek has lost in three months — former executive director and president Simon Israel retired from his executive and board roles in July to become SingTel chairman. Mr Hsieh’s departure means Mr Gregory Curl, who oversees investments in financial services and strategy for the Americas, is the sole remaining president among the three appointed between August and September last year to help Ms Ho support and develop the group’s leadership team. SINGAPORE — Former Singapore Exchange chief executive Hsieh Fu Hua has stepped down, with effect from last Saturday, as president of Temasek Holdings — in the latest, and the most high-profile, of a string of management changes in the investment company in recent months.A SHIFT IN DIRECTION ? In July, Mr Gan Chee Yen, the co-chief investment officer and senior managing director for special projects at Temasek Holdings Fullerton, was named CEO of Financial Holdings, replacing Mr Francis Rozario. Meanwhile, two top executives at Temasek’s Seatown Holdings — Messrs Charles Ong and Nasser Ahmad — have left the hedge fund. Mr Ong returned to Temasek as special projects director, while Mr Nasser is exploring other options. In February, Mr Ding Wei, the investment banking chief of China International Capital, was appointed to lead Temasek’s operations in China. In September, it tapped Bank of America Merrill Lynch banker Tan Chong Lee to its senior leadership. Last week, Temasek India head Manish Kejriwal quit to start his own fund and was replaced by Mr Rohit Sipahimalani. Either for personal or professional reasons, the slew of changes in the management ranks raises questions as to whether there is a shift in strategy or direction within Temasek. CIMB Research executive director Song Seng Wun added that the changes could be part of Temasek’s strategy to create a leadership base and ensure continuity within the management team, noting that some of the new hires are old hands in the industry. “Perhaps the organisation is preparing itself for the more volatile investment landscape ahead,” he said. But NRA Capital executive chairman Kevin Scully said: “It’s hard to speculate as to why there have been these changes. “But, looking at it on the surface, it can be down to natural succession or leadership renewal.” Still, Singapore Management University’s finance don Melvyn Teo felt that the slew of changes were detrimental to Temasek. He told Asked if Mr Hsieh’s stepping down as president was a setback to Temasek’s protracted search for Ms Ho’s successor, CIMB Research’s Song said: “I don’t think it’s a blow but it’s not easy.” Agreeing, SMU Assistant Finance Professor Annie Koh said: “Many people have been paying total attention to changes right at the top level but I think they are jumping ahead by thinking that any president brought in is the next leader,” said Asst Prof Koh. Temasek doubled its net profit to S$13 billion and saw its portfolio value hit a record S$193 billion in the financial year ended March 31, as compared to the previous year. Bloomberg: “If you have too many changes in too short a span of time, it can’t be good for the organisation — especially in the kind of organisation like Temasek, which takes a long-term view on their investments, it’s important to have a stable pool of senior management at the helm.” |
|||||||
| Good Post Bad Post | ||||||||
| 06-Oct-2011 10:14 |
User Research/Opinions
/
your biggest worries?
Go to Message
|
|||||||
|
x 0
x 0
|
FAREWELL RECEPTION FEST Sun Yat Sen Nanyang Memorial Hall 12 Tai Gin Road SINGAPORE 327874 Sunday: 9th OCTOBER 2011 6:00pm |
|||||||
| Good Post Bad Post | ||||||||
| 06-Oct-2011 10:06 |
User Research/Opinions
/
your biggest worries?
Go to Message
|
|||||||
|
x 0
x 0
|
People's Action Party SINGAPORE: Six members of the ruling People’s Action Party (PAP) Central Executive Committee (CEC) have stepped down. Their resignation, accepted at a meeting on Wednesday, is to facilitate leadership renewal. They are Lee Kuan Yew, Goh Chok Tong, Lim Boon Heng, Wong Kan Seng, George Yeo and Lim Hwee Hua. In a statement, the PAP said former Minister Mentor Lee Kuan Yew and Emeritus Senior Minister Goh Chok Tong have been given the title of Honorary Past Secretary—General. This is in recognition of their outstanding service and seminal contributions to the PAP and Singapore. The CEC will appoint new members to fill the vacancies. |
|||||||
| Good Post Bad Post | ||||||||
| 06-Oct-2011 09:49 |
User Research/Opinions
/
$$$$WEALTH$$$$ cannOt bUy ***HEALTH***
Go to Message
|
|||||||
|
x 0
x 0
|
|
|||||||
| Good Post Bad Post | ||||||||
| 05-Oct-2011 16:05 |
Seatrium
/
Sembmarine
Go to Message
|
|||||||
|
x 0
x 0
|
S$2.64
|
|||||||
| Good Post Bad Post | ||||||||
| 05-Oct-2011 15:56 |
SPH
/
SPH
Go to Message
|
|||||||
|
x 0
x 0
|
Singapore Press Holding is turning down after failing to break the $3.80 support turned resistance level. The selling volume is increasing and MACD bullish momentum is weakening. Important suppor to watch is $3.62. Breaking down this support will invite more selling pressure after SPH has been in consolidation phase for 2 months. S$2.94 ? ? ? ?
|
|||||||
| Good Post Bad Post | ||||||||
| 05-Oct-2011 15:50 |
SPH
/
SPH
Go to Message
|
|||||||
|
x 0
x 0
|
|
|||||||
| Good Post Bad Post | ||||||||
| 05-Oct-2011 13:47 |
Amara
/
Amara
Go to Message
|
|||||||
|
x 0
x 0
|
AMARA shOUld dOUblE its AMARA Hotel & LeisUre cApAcIty at TANJONG PAGAR instead of in BANGKOK. CARLTON HOTEL dOUblEd its Hotel & Leisure cApAcity just OppOsIte the Westin Hotel at RAFFLES CITY. AMARA BANGKOK CASHFLOW will start to flow in from 2014. In the meAn tIme, it mAy weAken tOwArds S$0.200.
|
|||||||
| Good Post Bad Post | ||||||||
| 05-Oct-2011 13:14 |
User Research/Opinions
/
SOVERIGN # DEBT # RATINGS
Go to Message
|
|||||||
|
x 0
x 0
|
The ‘asset crisis’ of emerging economies YU YONG DING In theory, the difference between capital inflows and outflows in developing countries should be positive — they should be net capital importers, with the magnitude of the balance equivalent to the current account deficit.
Project Syndicate
Yu Yongding, currently president of the China Society of World Economics, is a former member of the monetary policy committee of the People’s Bank of China and former director of the Chinese Academy of Sciences Institute of World Economics and Politics. Since the 1997-1998 Asian financial crisis, however, many East Asian countries have been running current-account surpluses — and hence have become net capital exporters. Even odder is the fact that while they are net capital exporters, they run financial (capital) account surpluses. In other words, these countries lend not only the money they earned through current-account surpluses, but also the money they borrowed through capital-account surpluses — mainly to the United States. As a result, East Asian countries are now sitting on a huge pile of foreign-exchange reserves in the form of US government securities. While China has attracted a large amount of foreign direct investment (FDI), it has bought an even larger amount of US government securities. Whereas the average return on FDI in China was 33 per cent for American firms in 2008, the average return on China’s investment in US government securities was a mere 3 to 4 per cent. So, why does China invest its savings so heavily in low-return US government securities, rather than in high-return domestic projects? One answer lies in the fact that China’s FDI policy over the past 30 years has crowded out Chinese investors from high return projects, forcing them to settle for less lucrative projects. But, there are still potential investors who cannot find any suitable investment opportunities in China, generating excess resources, which in turn are invested in US government securities. But, while China’s foreign assets are denominated in US dollars, its liabilities, such as FDI, are mostly denominated in yuan. As a result, when the dollar depreciates against the yuan, the value of China’s foreign liabilities increases in dollar terms, while that of its foreign assets remains unchanged. As a result, China’s net international investment position (NIIP), which is the difference between China’s gross assets and its gross liabilities, automatically worsens. The deterioration of China’s NIIP is a reflection of the transfer of wealth from China to the US. Since the 2000’s, China’s gross assets and gross liabilities have increased dramatically, owing to the success of China’s trade-promotion and FDI policies. As a result, China’s net international investment position has become very vulnerable to the devaluation of the dollar. Meanwhile, capital inflows into developing countries have surged since the 2007-2009 global financial crisis. Last year, China’s capital-account surplus stood at US$230 billion (S$302.1 billion) and capital inflows remain large this year. With ever-increasing gross dollar assets and gross yuan liabilities, a stronger yuan means that China will suffer additional welfare losses from the valuation effect of exchange-rate movements. (It is worth noting that this is not solely a Chinese phenomenon all major emerging-market economies are faced with the same fate.) During the 1997-1998 Asian financial crisis, East Asia’s economies paid heavily for excessive accumulation of dollar-denominated debts. Because governments failed to defend their currencies, they lost hundreds of billions of dollars in foreign-exchange reserves to international speculators. Whether for self-insurance or to maintain a competitive exchange rate, East Asia has since then once again accumulated too much dollar-denominated debt. This time around, thanks to the deterioration of the US fiscal position and the Federal Reserve’s expansionary monetary policy, “the long term risk (for) emerging markets’ external balance sheets is shifting”, as Mr Eswar Prasad of the Brookings Institution has pointed out, “to the asset side”. Rather than confronting a debt crisis, as in 1997-1998, emerging-market economies now face an “asset crisis”, but they will suffer the same result: Great capital losses on their foreign-exchange reserves. Indeed, the magnitude of the losses will be on par with that of the Asian financial crisis, if not higher. While China’s government should make greater efforts to rebalance the economy by conventional measures, it also should focus more attention on adjusting the currency structure of the country’s gross assets and gross liabilities. In particular, China should try to replace its dollar-denominated assets with yuan-denominated assets, and its yuan-denominated liabilities with dollar-denominated liabilities. If China cannot do very much about existing gross assets and gross liabilities, it should address new assets and liabilities in order to minimise future capital losses. In short, China must take into consideration the ongoing asset crisis facing emerging economies, especially when considering highly consequential questions such as full yuan convertibility and the currency’s internationalisation. |
|||||||
| Good Post Bad Post | ||||||||
| 05-Oct-2011 12:32 |
User Research/Opinions
/
$$$$$$$$ MALAYSIA * GEMS $$$$$$$$
Go to Message
|
|||||||
|
x 0
x 0
|
|
|||||||
| Good Post Bad Post | ||||||||
| 05-Oct-2011 11:13 |
User Research/Opinions
/
# # # # E D U C A T I O N * * * * * * * *
Go to Message
|
|||||||
|
x 0
x 0
|
How Singaporeans can hold their own Ng Jing Yng SINGAPORE And Education Minister Heng Swee Keat (picture) hopes [will sIngApOrE sEt Up a mInIstry Of hOpEs ? ? ? ?] that Singaporeans’ character and non-academic traits will become their competitive advantage. In an interview with this newspaper last Friday, Mr Heng said: “You’ll find that skills become a lot more globalised ... The question we have to ask ourselves is what will differentiate Singaporeans (and) convince somebody that the average Singaporean can do a better job than the average worker elsewhere?” He added: “A lot of that is how well do we work as a team: Do we spend our time quarrelling with one another or do we spend our energies productively? Are we just being critical and say so-and-so does a lousy job? Do we come together and brainstorm ... find a more creative, innovative solution in order to do better?” At the Ministry of Education (MOE) workplan seminar last month, Mr Heng called on schools to refocus on developing character and instilling values in students. To that end, Mr Heng unveiled several initiatives including a new Character and Citizenship Education (CCE) curriculum and a dedicated CCE branch. Mr Heng reiterated that the moves serve as a reminder: “It is not as if over the years, MOE has forgotten about moral education, character development. “It’s just that as our society changes ... children today are more exposed to a wide variety of influences and they spend a lot of time on computers with their peers unlike in our old kampung days where we spend a lot of time with grandparents.” lEt all sIngApOrEAns bE hOpEfUl ? ? ? ? — With countries producing more graduates than before, it will inevitably take more than only paper qualifications for Singaporeans to hold their ownglobal marketplace., let alone stand out, in the |
|||||||
| Good Post Bad Post | ||||||||
| 05-Oct-2011 10:27 |
Others
/
The 2560 Level
Go to Message
|
|||||||
|
x 0
x 0
|
The REVERSAL CYCLE REVERSE & REVERSE & REVERSE & REVERSE & REVERSE & REVERSE & REVERSE & REVERSE & . . . . |
|||||||
| Good Post Bad Post | ||||||||
| First 1-20 of 13894 Older> Last |