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Goldman Sachs on Singapore Property
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chinastar
Senior |
08-Sep-2008 04:04
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they are very greedy. they are going to get burn anyway
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cyjjerry85
Elite |
02-Sep-2008 17:52
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GS no longer credible
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trader88.sg
Veteran |
02-Sep-2008 17:17
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Oops, Mr Market is not proving GS wrong. GS is the one trying to fool Mr Market by issuing sell calls while GS was secretly buying up. | ||
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trader88.sg
Veteran |
02-Sep-2008 16:48
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It seems that Mr Market is trying to prove GS wrong by ramping up Capitaland today. | ||
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elfinchilde
Elite |
02-Sep-2008 16:33
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good good. when GS calls sell, that's when they start buying. hehe. | ||
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Nokita
Senior |
02-Sep-2008 16:25
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seems like a global research house, BCA Research, was too early. April: "Buy Singapore property stocks" - BCA Reseearch April : "Don't indiscriminately buy Singapore property stocks" - Industry insider |
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tanglinboy
Elite |
01-Sep-2008 19:49
Yells: "hello!" |
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Some people I know are in trouble. They are gambling on en-bloc sale and they also bought another new apartment. But now, the property market has soured. They can't find a buyer for their existing condo and they are stuck with financing the new one. Money is getting tight and they are getting more desperate. I am not surprised that there are vandalism cases in some of this en-bloc condos. I can imagine the desperation and panic that these people are feeling right now. |
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scotty
Senior |
31-Aug-2008 17:45
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I just saw a report from GS. They are very bearish about the real estate market. Forecast of 20% drop in prime market and 10% drop in general market by end of 2009. TP for Capitaland - 5.20 TP for City Development - 9.10 TP for Wing Tai - 1.12 TP for Allgreen - 0.90 TP for Keppel Land - 4.66 |
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