do you mean the bank will merge together ?

maybe we shall wait for the stress test results in the early May?

the last 5 words below should be "nationalised" instead ...

any citibank shareholder here?

sad.. GIC is in red again...

Short term TP US$3.25 hitting a high of above US$4 within week...Sell into strength already...Ya. buy into weakness. Those bot B4 it run up and still hold and buy againfor medium gain.

http://sg.finance.yahoo.com/q?s=C

CITIGROUP INC (NYSE:C) Delayed quote data

After Hours: 3.68 0.03 (0.82%) as of 7:59am SGT on 04/18/09
Last Trade: 3.65 USD Trade Time: Apr 18 Change:  0.36 (8.98%) Prev Close: 4.01 Open: 4.15 Bid: N/A Ask: N/A 1y Target Est: 3.48		Day's Range: 3.55 - 4.16 52wk Range: 0.97 - 27.35 Volume: 1,115,304,684 Avg Vol (3m): 507,391,000 Market Cap: 19.99B P/E (ttm): N/A EPS (ttm): -5.59 Div & Yield: 0.81 (20.20%)		1d  5d  3m  6m  1y  2y  5y  max

baseerahmed      ( Date: 19-Apr-2009 14:42) Posted: respected teeth53 er .. with so many quotes within quotes ... we are a bit lost .... would appreciate it very much if  u could put it in a more simpler sentences for dumb-wits like me ... thank you

Those choose not to believe, can also think like wise, i'm talking rubbish

Thing to note: Last stage...Got Cash is king to investment strategic. Happy investing...Ya.

Those few whom choose to believe in me, can be 100% sure one can have not just 100% profit. teeth53 thot: Can only go to 1000% in profit...US$1.50 cents to US$15.00 dollar. this will not becoming a so call long or very long term.

Perhaps more alarming for Citi -- as well as JPMorgan, Wells Fargo (WFC, Fortune 500) and Bank of America (BAC, Fortune 500), which will report its first-quarter results Monday -- is just how high losses on consumer loans such as credit cards could go later this year.

Citi's North American cards business swung to a $209 million loss in the first quarter, reversing the year-earlier $537 million profit. Credit costs - reflecting loans gone bad and expenses tied to reserving against future losses - nearly doubled.

The surging losses reflect "rising unemployment, higher bankruptcy filings and the housing market downturn," Citi said - national trends that show few signs of slowing any time soon.

Given that shares recovery took about six months ahead in advance to move upward....look likely now that investors has more confident in CITI share as it hit a high of four (4) US$ Dollars.

http://www.channelnewsasia.com/stories/afp_world_business/view/423077/1/.html

NEW YORK - Citigroup swung to a first-quarter profit of 1.6 billion dollars, rebounding back from massive losses in 2008 with the help of massive US government aid, the troubled banking giant said Friday.

Citi returned to the black following losses of 5.1 billion dollars in the same,  "Our results this quarter reflect the strength of Citi's franchise and we are pleased with our performance," chief executive Vikram Pandit said.

"With revenues of nearly 25 billion dollars and net income of 1.6 billion, we had our best overall quarter since the second quarter of 2007."

teeth53 thot: Great minded think alike..Citi is now on right footing...

Today. Straits Times. Sat , Mar 21, 2009, headline has more confident to published full recovery is at least two (2) to three (3) years away or  it could take up to six years, says MM lee. 

teeth53 thot: This will be my estimation, between a 5 to 10 years times frame. GIC will be able to see it recovery on Citigroup as a worthy cause. This is the work of US president Obama and his finance team to revise the economy by end of his (Obama) 1st (5 years) term.

Citigroup is back on right footing, 5-10yr to full recovery on ShareJunction forum

teeth53 thot: When times to arrive for Citi to emerge stronger, it will be in S'pore blessing as a regional financial Hub and strenghtening Singapore as another world player, having play a critical role in strenghtening Citigroup, thus can see alot more players (banks and bankers alike) parking their $$$ here. However S'pore will have to strengthen and update it rules and financial regulation in tune with time and can automatic attract more very rich clients.

teeth53      ( Date: 21-Mar-2009 09:59) Posted: Beginning for this prolong recession has started when bubble is forming...teeth53 thot: Beginning of recovery is only 2yrs away, another few yrs to slip upward B4 it peak (chiong) another few yr later. We are still at STAGE 4..credit melting.......

I think u are the one who are not sure..i am sorry..if the govt have bought gold the px should be up..why the px move down...if China will to shift to gold instead of worthless US treasury bill,, they would have make handsome profit..

In fact, there was a report that one of the top economic advise the chinese sovereign fund to buy gold..really,,i ever read,

BTW..i am buying still...i bought gold since 2000...my ave px is current 420..but have shift a larger part to silver.

You better buy some, i see the stock market got further to go down... ..i suggest u wait during the gold correction to 880 to buy...i dont know whether we will see that px..but it is possible and even to 850..but not lower than that..why?

In the lastest report of UOB asset management report...i read that is take 730 to produce 1 oz of gold..so if this is true ..then i think 800 is the lowest...otherwise miner will stop..because it is not more profitable..

Anyway, i have a post suggesting to punt on citi and the like...did u buy..I have take some handsome profit..this is the time to punt not long...

I dont like the past, nor the future...i like current...only now can we do something...the future we may not be around the past is just history..market only rythm the history..will never repeat exactly the past..

You will regret when you see gold soar...even if by some miracle the market recover, but with so much paper $, can only give raise to inflation..that will also make gold soar..

Better scenario. would be more bankruptcy of big fishes on the DOW..now gold is very stable at 900 region is telling you something about the market ...you better buy gold and silver...even if you dont..gold will never go down to 400..

It will only go to 400 when the gold bull burst, but that will be many year from now,,by that time i will shout sell..

i like to siuggest to you to buy citi, AIG, BAC...i see the sucker rally take them even higher..and gold, p..be more ambitious buy silver..SLV..SLW...silver will run the fastest as the gold bull gallop along...

Buy now...

Ha ha Expired. Q all d way 1.32; 1.48;1.68, to no avail. Last Fri, closed at 1.78, but interesting BOA down 9 cts leh. D other 2 auto giants n Banks up couple of cents.

D setback online trading with DJ is that there is 15mins delay in trading update fr DJ real time. U ought to guess d px for buying n selling, we r in d loosing end.