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Latest Posts By pharoah88
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| 26-Apr-2010 18:06 |
Baker Technology
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It's time to rebound ????
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Their REACTION was sO FAST ?
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| 26-Apr-2010 18:03 |
Baker Technology
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It's time to rebound ????
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yOur brOker is gOd's mOther ? ? ? ? sO RiGHT ? ? ? ?
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| 26-Apr-2010 17:55 |
YZJ Shipbldg SGD
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Cruising with the ship ..Yangzijiang
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CRASHED CRUISE CRUISE CRASHED |
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| 26-Apr-2010 17:53 |
YZJ Shipbldg SGD
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Cruising with the ship ..Yangzijiang
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From HiGH of S$1.57, it had fallen by S$0.200. Monday: 26 APRIL 2010 17:05:03 1,766,000 S$1.370 BOUGHT frOm SELLER NEXT SUPPORTS: S$1.32 S$1.26 S$1.21
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| 26-Apr-2010 17:48 |
YZJ Shipbldg SGD
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Cruising with the ship ..Yangzijiang
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SHAREHOLDERS DID NOT LIKE THE ANNOUNCEMENT ?
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| 26-Apr-2010 17:40 |
YZJ Shipbldg SGD
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Cruising with the ship ..Yangzijiang
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This Oil PRiCE did nOt have any iMPACT tOday ? ? ? ?
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| 26-Apr-2010 17:14 |
YZJ Shipbldg SGD
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Cruising with the ship ..Yangzijiang
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yOur brOker is gOd's mOther ? ? ? ? sO RiGHT ? ? ? ?
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| 26-Apr-2010 16:47 |
YZJ Shipbldg SGD
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Cruising with the ship ..Yangzijiang
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are yOu gOd ? ? ? ?
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| 26-Apr-2010 16:43 |
SMRT
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SMRT
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Sometimes, the Math doesn’t add up PTC chairman Gerard Ee explained that those who will end up paying more are mostly those taking a long journey. Since fares are based on distance, this seems to make sense. Or does it? Is it fair that a commuter taking a long trip from point X to point Y will now have to pay more under the new distance-based fare system? The distance between X and Y has not changed. And the penalties for transfers have also been removed. So, essentially, it has just become more expensive to travel the same distance from X to Y. To put a dollar value to the concessions of the public transport operators, it was reported that it will cost SMRT Corporation and SBS Transit, some $32 million, split almost evenly between the island’s two main public transport providers. But as SBS Transit chief executive Gan Juay Kiat acknowledged: “We believe that it will lead to an overall increase in public transport travel and are confident that this increase may more than offset the costs that we have to bear as a result of the change.” So what is the big deal about the $32-million figure if the increased ridership is expected to “more than offset” the concessions given? Big numbers = small savings? Here are some other “big numbers” to consider. Last year, SBS Transit, which also runs the North East Line (NEL) line, earned net profits of $54.6 million on revenues of $697.1 million — or about 8-per-cent margin on revenue. SMRT reported net earnings of some $162.73 million on revenues of $878.95 million, a margin of 18.5 per cent. Surely, the pair could have offered better savings to the commuter? Especially since they expect overall ridership to increase as a result of the new fare system. As one commuter pointed out, when Hong Kong’s two major train operators, the Kowloon-Canton Railway Corporation and the Mass Transit Railway Corporation, merged, fare concessions amounted to HK$600 million or more than $120 million. Cuts amounted to more than 10 per cent for long-distance travellers with more than half the commuters using Octopus smart cards enjoying 5-per-cent reductions in travel costs. Now, that’s what I call meaningful savings. Surely we can do better than Hong Kong? The writer is editor-at-large at Today. |
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| 26-Apr-2010 16:36 |
SMRT
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SMRT
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We believe that it will lead to an overall increase in public transport travel and are confident that this increase may more than offset the costs that we have to bear as a result of the change. Mr Gan Juay Kiat, SBS Transit chief executive
F While, the move to do away with transfer penalties is to be commended, the savings seem low. Commuters will save, on average, 2.5 per cent or about 48 cents a week (or just about $25 a year), according to the Public Transport Council (PTC). And not all commuters will enjoy savings — some 34 per cent will see an increase of about 31 cents a week (or $16 a year). On top of this, the 15-month fare discount of 3 per cent to help commuters tide over the global economic downturn, will come to an end. T h e s av i n g s a re based on the maximum adjustment allowed by the PTC — calculated using a formula which takes into account the change in the consumer price index (CPI) and the change in average monthly earnings over the preceding year. This formula has worked well in most years, coupled with discounts, it has helped to cushion fare increases that might have otherwise been out of sync with the peaks and troughs of the island’s economic cycle. However, in a year like this, when the PTC is making a major change, and a planned one at that, to implement distance-based fares across the public transport system, perhaps it should have considered a one-off tweak to the formula — to make the savings more substantial. rom July 3 commuters will not have to pay a penalty when they transfer from one bus to another or from a train to a bus or vice versa. This is when the distance-based through-fare system to make transfers more seamless in Singapore’s hub-and-spoke public transport system takes effect.
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| 26-Apr-2010 16:30 |
SMRT
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SMRT
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Comment &analysis today Monday April 26, 2010 page 12Operators should offer better savings The move to do away with transfer penalties is commendable, but savings offered to commuters seem low Conrad Raj conrad@mediacorp.com.sg
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| 26-Apr-2010 13:40 |
Others
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RWS Casino
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the issue of gambling licence is like a TV drama ? ? ? ? tO make people nervOus ? ? ? ?
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| 26-Apr-2010 13:30 |
BeautyChina
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BeautyChina
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The EQUITY FRAUD ? ? ? ? WHO are the CULPRITS ? ? ? ? Can the Directors alOne LiST their cOmpanies ? ? ? ?
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| 26-Apr-2010 13:28 |
BeautyChina
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BeautyChina
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NEGLIGENCE in DUE DILIGENCE ? ? ? ? If in the USA, can be sued by FED like the Golden Sach ? ? ? ?
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| 26-Apr-2010 13:17 |
Oceanus
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Oceanus
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If there is nO UNcertainty, Market Makees would rush in to buy the Singapore shares now. In that case, Singapore share PRiCE should RiSE by tOday. |
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| 26-Apr-2010 13:01 |
Oceanus
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Oceanus
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The PRiCE Averaging Scheme is to Maximise Profit for the Market Maker. Just like IPO is also done in Booking Building to get Highest IPO PRiCE. This is al l EXTRA work but to get Higher Profit or Benefit for the Market Maker. Otherwise, they can just FIX a PRICE and everybody has nO UNcertainty to deal with. If Market Maker makes more, we as Makees would have less. ZERO SUM GAME I dOn't mind to have a little less but not to be caught in loss situation. Like Goldman Sach type of Market Making FRAUD The lOw Singapore share could also be a Manipulated Stunt in order to sell the Conversion Scheme ? ? ? ? Possible ? Probable ? Predictable ? Preventable ?
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| 26-Apr-2010 12:14 |
Oceanus
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Oceanus
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Can this CONVERSION be a TRAP ? ? ? ? When the bOOk is fUll, Taiwan ADR PRiCE is DUMPED for 10 days. When allOcated at a lOw PRiCE can the applicant REJECT the allOcatiOn ?
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| 26-Apr-2010 11:18 |
Ying Li Intl
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Ying Li
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Professor Sebastian CHONG concluded that it is the WRONG TiME to sell shares now. His Recommendation: 90% of SPARE CASH [# nOt bOrrOwed lOan #] shoud be in equities nOw to RiDE the Singapore Recovery.
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| 26-Apr-2010 11:04 |
Ying Li Intl
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Ying Li
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to my surprise, he PiCKed YANLORD, which i AVOIDED before his talk. now i will re-lOOk YANLORD which is actually at a gOOd PRiCE. sEEms
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| 26-Apr-2010 10:38 |
Ying Li Intl
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Ying Li
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fOr fUll details CHECH Out at his website shareOwl.com
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