Latest Posts By pharoah88
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| 04-May-2010 14:03 |
Others
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DOW & STI
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today Tuesday May Not much of a life raft? Ratings agencies assured investors that noxious mortgage deals were as safe as US Treasuries It is not just that rating agencies are incompetent, made wrong assumptions about the housing market and used flawed models to evaluate mortgage-backed securities. Their business is rife with conflicts of interest. Editorial4, 2010 page 17 |
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| 04-May-2010 13:57 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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Tuesday: 4 MAY 2010 12:30PM PSEI is POSITIVE STi -27.60 ‘Poverty porn’ no help in the Philippines William Pesek N That’s how many Filipinos responded recently when I asked who they planned to vote for in the May 10 presidential election. Their ambivalence seems equally directed at front-runner Benigno Aquino III, his closest rival Manuel Villar and Mr Joseph Estrada, who’s third in surveys. Here we have a nation where one in four lives on less than US$1.25 ($1.72) a day, infrastructure is antiquated, corruption is rampant and leaders have one of the worst records in Asia for delivering on their promises. The choices to revive things: The son of a former President (Mr Aquino); a lawmaker Even Mrs Imelda Marcos, wife of the former dictator, is running for Congress, as is boxer Manny Pacquiao. You can’t make this stuff up. As the Philippines becomes more of an investor-beware economy than usual, get ready for interest-rate volatility. Candidates in the Philippines are skilled at exploiting what development economists call “poverty porn”. They’re great at shanty-town photo opportunities and promising prosperity. A fresh sense of betrayal sets in as leaders return to the business of enriching their
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| 04-May-2010 13:48 |
Midas
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Midas
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Tuesday: 4 MAY 2010 12:30pm S$1.030 -S$0.000 STANDiNG FIRMLY |
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| 04-May-2010 13:45 |
FSL Trust
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FSL Trust - starting to see value in it
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Tuesday: 4 MAY 2010 12:30pm S$0.545 -S$0.060 |
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| 04-May-2010 13:27 |
Genting Sing
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GenSp starts to move up again
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Hairstylist accused of stealing at MBS SINGAPORE Malaysian hairstylist Tey Chin Wei, 18, allegedly stole real estate agent Tan Hwee Leng’s handbag which contained $600 cash, casino chips worth $60 0 and an Apple iPhone worth $1,200. This reportedly happened on the integrated resort’s premises on Sunday at about 2.15am. Mr Tey, who intends to engage a lawyer, is out on bail and will be back in court on May 17. If convicted, he could be jailed up to three years or fined or both.
lOOk LiKE there are NEW prOfessiOns at the CASiNOS ? ? ? ? — The first person to be accused in court of committing a crime at Marina Bay Sands since it opened a week ago, was charged yesterday.Ng Jing Yn g |
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| 04-May-2010 13:21 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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SINGAPORE Some are concerned that companies might use the impending CPF increase to offset any salary increment. Mr David Ang, executive director of the Singapore Human Resource Institute, said: “We urge employers to pay according to performance and not to short-change their workers and executives who stayed with the organisation through difficult times and now hope to enjoy the fruits of their labour.” Prime Minister Lee Hsien Loong on Saturday had announced the 1-point restoration of the employers’ CPF contribution rate — which would bring it to 15.5 per cent — over two stages, in September and next March. To temper wage increases as a direct result of this would be short-term thinking on the part of employers, one analyst said. Kelly Services Singapore managing director Mark Sparrow said: “Will every company comply (by rewarding workers) in the true spirit of the hike? Possibly not. But if organisations are looking to attract the best people and be competitive, I don’t think they can afford to take advantage of their employees — ultimately, it will show in their retention rates down the line.” Mr Ang urged HR practitioners to take a pro-active role in establishing a robust reward system that ensures employees get a FAIR deal. One way is for companies to work a monthly variable component into their wage policy, if they have not done so, noted president of the Association of Small and Medium Enterprises Lawrence Leow. “Don’t worry about the 1-percent CPF increase because that is actually something that we have taken away from the workers. It’s only fair that we give it back,” he said. Surveys done by several consulting firms prior to the announcement of the CPF hike had forecasted an average salary increase of 3 per cent this year. Some had earlier wondered if a higher CPF contribution rate would offset the increased foreign- worker levy’s effect of discouraging dependence on foreign workers. Might companies be tempted to hire more foreign workers who are excluded from any CPF contributions? Mr Sparrow did not think so. “I think ultimately, most organisations would like to find local talent because of accessibility and because if you’re bringing foreign talent over, you will have hidden costs,” he said. — Don’t short-change staff who deserve a pay rise, just because of the 1-per-cent hike in employers’ Central Provident Fund contribution — that’s the message some industry leaders have for employers.
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| 04-May-2010 13:13 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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today NEWS Don’t short-change staff: Industry leaders Some worry firms will use 1% restoration in CPF to offset raises Saif ulbahri Ismail saifulbahri@mediacorp.com.sg Tuesday May 4, 2010 page 4
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| 04-May-2010 12:04 |
SMRT
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Is SMRT a better buy than Comfort Delgro?
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sOme cOmpanies are using the .99 SALE TECHNIQUE. DRAG the Dividend fOr almOst One Quarter Year. EARN sOme iNTERESTS befOre paying Out ?
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| 04-May-2010 12:00 |
YZJ Shipbldg SGD
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Cruising with the ship ..Yangzijiang
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COSCO back tO S$1.10 ? ? ? ? YZJ back tO S$1.10 ? ? ? ? NOL back tO S$1.50 ? ? ? ?
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| 04-May-2010 11:56 |
Oceanus
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Oceanus
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cOnversiOn scheme has CATCH 22 UNcertainties. gOOd fOr the cOmpany but may nOt be gOOd fOr cOnvertEEs cOnversiOn PRiCE UNcertainty cOnversiOn allOcatiOn UNcertainty cOnversiOn cOst at 3% + is tOO HiGH with abOve UNcertainties cOnversiOn periOd is tOO lOng with current market UNcertainty |
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| 04-May-2010 11:47 |
Swiber
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Swiber
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tOday even gOOd gOOd prOfits alsO peOple have nO iNTEREST ? ? ? ? sOmething is wrOng with STi ? ? ? ? sOmething is wrOng with SGX ? ? ? ? sOmething is wrOng with SiNGAPORE ? ? ? ? |
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| 04-May-2010 11:42 |
COSCO SHP SG
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CoscoCorp
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Tuesday: 4 MAY 2010 10:56:46 COSCO S$1.65 dOne
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| 04-May-2010 11:23 |
YZJ Shipbldg SGD
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Cruising with the ship ..Yangzijiang
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Tuesday: 4 MAY 2010 11:20AM STi cOrrectiOn Triggered by 1% CPF electiOn sweetener ? EcOnOmy is gOOd cOrpOrate earnings are gOOd emplOyment gOOd dOw is gOOd what is nO gOOd ? |
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| 04-May-2010 11:15 |
COSCO SHP SG
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CoscoCorp
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My fOcus is On EVENTS and nOt On persOns. NOL COSCO YZJ are perfectly gOOd cOmpanies when ecOnOmy recOvers. That is why nObOdy can understand this GANGBANG Trend since last week. why are NOL COSCO with Temasek's support also dumped ? why are COSCO YZJ which are BiG and prOfitable market leaders also dumped ? fOr tOday, is it because Of the 1% CPF election sweetener ? business owners are UNhappy with this 1% ?
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| 04-May-2010 11:01 |
Genting Sing
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GenSp starts to move up again
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1% CPF election sweetener ? can do so much damange to STi ? and all the gOOd ecOnOmic prOspects ? |
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| 04-May-2010 10:58 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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1% CPF election sweetener ? can do so much damage to STi ? |
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| 04-May-2010 10:54 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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STi decoupled having its Own cOrrectiOn ? |
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| 04-May-2010 10:27 |
UniFiber System
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UniFiber
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fOr UniFiber, Only 100 Million and above can be considered BB. Only purchases above 7 cents can be considered BB |
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| 03-May-2010 17:16 |
Neptune Orient L Rg
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NOL
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Monday: 3 MAY 2010 YZJ BKT COSCO SCM NOL GANGBANGED by GREECEEEEEEEEEEEEEEEEE |
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| 03-May-2010 17:14 |
YZJ Shipbldg SGD
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Cruising with the ship ..Yangzijiang
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Monday: 3 MAY 2010 YZJ BKT COSCO SCM NOL GANGBANGED by GREECEEEEEEEEEEEEEEEEE |
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