teeth53 ( Date: 19-Sep-2008 09:42) Posted:
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http://sg.news.yahoo.com/afp/20090209/tts-finance-banking-switzerland-ubs-cred-c1b2fc3.html UBS and Swiss bank turn to report huge lost.
Third Phase..Credit cruching
, expecting to see a few more Sub-Prime woes victims. (


)..so far, more of this
is coming....
I am very patience, awaiting for those news...We R at stage four...
teeth53 ( Date: 07-Feb-2009 01:25) Posted:
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It is in deed so..very brunt, required extra ordinary measure to dig into our golden reserve...they are not ordinary ppl's, the way they seek to inprove on their return on yield "Yue Lao Yue Hoo Tu"
Economy wise, can still make a come back, politcal wise it is a costly affair, cost us S$4.7 b and maybe more if it get worst.
Ultimately, one can say whether their decision is R or W at this moment, only history will decide
teeth53 ( Date: 19-Jul-2008 20:51) Posted:
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This is what can happen to Singaporean...go look for Ah kong...for $$$.
| Posted: 10-Jul-2008 | |
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Since APRIL 2008. I long OREDI reminded them that THIS IS A MISTAKE TO JUMP IN ON 1ST OPPORTUNITIES TO BUY....AFTER ALL reminder, STILL NEED REMINDER after REMINDER... THINK..Angmo WILL PROTECT US 1ST OR PROTECT THEIR BACKSIDE 1ST...? IF ANYTHING happened..LOOK for Ah Kong 1st...AH KONG GOT plenty of $$$. Then We have to go look for Grand Ah Kong from our China Bro for more $$$...isit?. |
teeth53 ( Date: 14-Oct-2008 21:50) Posted:
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teeth53 ( Date: 14-Oct-2008 21:50) Posted:
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teeth53 ( Date: 19-Sep-2008 12:59) Posted:
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Living in denial, yet again. Just human...Ya. Move on Goldman Sachs...right move (5Bil), move on GE (3Bil)...don't seem right...as Buffett support fails to lift GE (cut n paste from SJ: oil prices forum)
View n Learn, J.P. Morgan way to go in making more $$$.
| Posted: 20-Jul-2008 21:14 | |
| Fallen on deaf ear....19-Mar-2008 Straits Times Index / STI to cross 3000 boosted by long-term investors (Cut n paste from SJ Forum). Third Phase..Credit cruching , expecting to see a few more Sub-Prime woes victims. (![]() ![]() ![]() )..so far, more of this is coming....I am very patience, awaiting for those news..... |
teeth53 ( Date: 19-Sep-2008 09:32) Posted:
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teeth53 ( Date: 19-Sep-2008 09:42) Posted:
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How about this......put that into ur rader screen and offer a bargain....Ya.
| teeth53 |
Posted: 16-Aug-2008 09:35 Contact teeth53 |
| If Temasek holding 1 2 make $$$ in Gent', this is the way to go..>>>> JPMorgan way. | |
| soloman |
Posted: 16-Aug-2008 09:11 Contact soloman |
| This company is the one that bought Bear Stearns on the cheap | |
| teeth53 |
Posted: 16-Aug-2008 09:08 Contact teeth53 |
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JPmorgan way...Target 49ct, 50ct a resistant liao. S$1/- a dream. http://www.remisiers.org/research//080814%20JP%20GentingInt.pdf • 2Q08 results: GIL reported a disappointing set of 2Q08 results with core net losses widening from S$8MM in 1H07 to S$23MM in 1H08. The results were dragged down by a weaker-than-expected performance at its UK gaming business. We have reduced our FY08-10 earnings forecasts to an extent where we now expect the group to record net losses in FY08E/09E before turning profitable in FY10E when Resorts World at Sentosa (RWS) opens. We have fine-tuned our GIL valuation and introduce a new Dec-09 PT of S$0.49ct |
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We lost Shin Corp, now we lost ML isit truth?....rumour temasek is selling...who is d buyer?, maybe 40% lost in paper money, if it truth it mean a real lost. $5bil, less 40%.
Back to long term business. LKY mentioned it's for long term, 30 years down d road losses did not have to be account for, if it's a win, can claim post credit and say, see it me who has a 30 years vision for my grandson to enjoy. Meanwhile ppl's memory is short, so we start counting those losses.
That's right! Lets have patience and tolerance too. Wait for all these dust to settle first before we can come to any sort of verdict or judgment which I think could take at least a few years....or maybe the next GE at least?
Anyone up there..see this, can pass this info and tell them, do not be so "KIASO" Third Phase..Credit cruching, expecting to see a few more Sub-Prime woes victims.
I am very patience, awaiting for those news.....
| teeth53 |
Posted: 20-Jul-2008 21:04 | ||||
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"Yue Lao Yue Hoo Tu" afraid old cannot see, so i enlarge it size. If not our $60,000 (CPF) for every citizen is solve liao, those extra $$$ can still got time to invest into angmo bank (UBS + Merrill + Citi + Barclays + Stanchart + Shin Corp), if not, one less headache for Tharmen "Bu Yao Hai Wo"
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edit: proof required in all cases esp when it is political.
http://www.usenet.com/newsgroups/soc.culture.singapore/msg21487.html
The HPL case. Ok, fair enough that the discounts weren't 'sought for' and that it was apparently later donated to charity. But if i were a shareholder of HPL at that time, would certainly be pissed with management for offering steep discounts of apartments, and not obtaining earlier approval.
yea. there are still exceptions nowadays. for the admin service and for the intelligent ppl who lost MSK.
it's something like 9% employee, 13% employer to the CPF (or is it the other way around). and there's pension on top of it.
agree that they had to stop the pension: but then, to be fair to all--if indeed we are supposed to be equal citizens---shouldn't the pension have been scrapped for the admin service as well.
it's unequal grounds. they say all singaporeans are valued, but what they do shows that the elite are above and beyond the normal people. Look at the cases regarding HPL, HDB erroneous policies, MSK escape, ICA mistake and all: silenced. "Let's move on."
and the worst thing is, the man on the ground has accepted that. that those in power are more *intelligent* and *wiser*. When really. most of them are simply chosen at 14 years old via the GEP programme, never even gone through an interview in their lives except at 18 for the scholarship interview. That's why they're excellent at micro-managing docile singaporeans, but the moment they venture overseas, they fail. Don't possess the streetsmarts to actually do business with equals (can anyone say, suzhou industrial park.). They work best on policy matters where the ground cannot object (eg, ERP, raising transport costs, etcetc). And if you so much as raise a voice, be prepared for a sledgehammer down upon you.
agreed, the older generation stat board employees some were on pension scheme. however, they did contribute CPF as well but less % on both employer and emplyee sides, just like me.
decades ago, gov had scrapped the iron rice bowl scheme(pension) for the gov servants liao. but not sure got other exception or not. now AK and son's mother are enjoying free medical benefits, save a lot of money, as suka suka can visit specialist treatment and offering class A ward without cost, less ward charges.
the main reason for stopping the pension scheme was due to the high rise medical fees for covering the pensionees and their spauses. and gov cannot suka suka to terminate a pensioner, gov has to cough out money to compensate the pensioner.








