Latest Posts By pharoah88
- Supreme
About pharoah88
|
|
| 26-Apr-2010 10:33 |
Ying Li Intl
/
Ying Li
 Go to Message
|
||||
 x 0
 x 0
|
Sunday: 25 APRIL 2010 Asia Trader and Investor Convention 2010 ATIC Suntec Hall 401 04:45pm - 05:15pm Professor Sebastian CHONG Founder & Provocateur, Shareowl.com My favourite Singapore and Hong Kong Stock Picks for Activie Trading He picked 3 property stocks in HONG KONG and 1 property stock in SINGAPORE He commented that he is confident of these stocks. |
||||
| Good Post Bad Post | |||||
| 26-Apr-2010 10:25 |
Ying Li Intl
/
Ying Li
Go to Message
|
||||
|
x 0
x 0
|
Monday: 26 APRIL 2010 TV Channel 8 Good Morning How are You? session SIAS VP commented that YiNG Li should nOt be affected by the CHINA government property curb which is SOLELY against 1st Tier Cities' Residential properties. CHINA Commercial property prices WiLL continue to RiSE. |
||||
| Good Post Bad Post | |||||
| 24-Apr-2010 18:26 |
Others
/
GIC and Temasek
Go to Message
|
||||
|
x 0
x 0
|
Comment & analysis WEekend today April 24 - 25, 2010 page DON'T CRY for Wall Street PAUL KRUGMAN
O
“I believe,” he declared, “that these reforms are, in the end, not only in the best interest of our country, but in the best interest of the financial sector.”
Well, I wish he hadn’t said that — and not just because he really needs, as a political matter, to take a populist stance, to put some public distance between himself and the bankers.
The fact is that Mr Obama should be trying to do what’s right for the country — full stop. If doing so hurts the bankers, that’s okay.
More than that, reform actually should hurt the bankers. A growing body of analysis suggests that an oversized financial industry is hurting the broader economy.
Shrinking that oversized industry won’t make Wall Street happy, but what’s bad for Wall Street would be good for America.
Now, the reforms currently on the table — which I support — might end up being good for the financial industry as well as for the rest of us. But that’s because they only deal with part of the problem: They would make finance safer, but they might not make it smaller.
What’s the matter with finance? Start with the fact that the modern financial industry generates huge profits and paychecks, yet delivers few tangible benefits.
Remember the 1987 movie
By today’s standards, Gekko was a piker. In the years leading up to the 2008 crisis, the financial industry accounted for a third of total domestic profits — about twice its share two decades earlier.
These profits were justified, we were told, because the industry was doing great things for the economy. It was channelling capital to productive uses, it was spreading risk, it was enhancing financial stability.
NONE of those were TRUE.
Capital was channelled not to job-creating innovators, but into an unsustainable housing bubble, risk was concentrated, not spread, and when the housing bubble burst, the supposedly stable financial system imploded, with the worst global slump since the Great Depression as collateral damage.
## ILLUSION OF SAFETY ## So, why were bankers raking it in?
My take, reflecting the efforts of financial economists to make sense of the CATASTROPHE, is that it was mainly about GAMBLING with Other People’s Money [OPM].
The financial industry took big, risky bets with borrowed funds — bets that paid high returns until they went bad — but was able to borrow cheaply because investors didn’t understand how fragile the industry was.
And what about the much-touted benefits of financial innovation?
I’m with the economists Andrei Shleifer and Robert Vishny, who argue in a recent paper that a lot of that innovation was about creating the illusion of safety, providing investors with “False Substitutes” for old-fashioned assets like bank deposits.
Eventually the iLLUSiON failed — and the result was a disastrous financial crisis.
In his Thursday speech, by the way, Mr Obama insisted — TWiCE — that financial reform WON'T STIFLE iNNOVATiON. Too bad.
And here’s the thing: After taking a big hit in the immediate aftermath of the crisis, financial-industry profits are soaring again.
It seems all too likely that the industry will soon go back to playing the same games that got us into this mess in the first place.
So what should be done? As I said, I support the reform proposals of the Obama administration and its congressional allies.
Among other things, it would be a SHAME to see the anti-reform campaign by Republican leaders — a campaign marked by breathtaking dishonesty and hypocrisy — succeed.
But these reforms should be only the first step. We also need to cut finance down to size.
And it’s not just critical outsiders saying this (not that there’s anything wrong with critical outsiders, who have been much more right than supposedly knowledgeable insiders; see Greenspan, Alan).
An intriguing proposal is about to be unveiled from, of all places, the International Monetary Fund (IMF). In a leaked paper prepared for a meeting this weekend, the fund calls for a Financial Activity
Tax — yes, FAT — levied on financial industry profits and remuneration.
Such a tax, the fund argues, could “mitigate excessive risk-taking”. It could also “tend to reduce the size of the financial sector”, which the fund presents as a good thing.
Now, the IMF proposal is actually quite mild. Nonetheless, if it moves towards reality, Wall Street will howl.
But the fact is that we’ve been devoting far too large a share of our wealth, far too much of the nation’s talent, to the business of devising and peddling complex financial schemes — schemes that have a tendency to blow up the economy.
Ending this state of affairs will hurt the financial industry. So? The NEW YORK TI MES The writer is a professor of economics and international affairs at Princeton University. He won the Nobel Prize for Economics in 2008. The fact is that Mr Obama should be trying to do
WHAT’S RIGHT for the COUNTRY — full stop.
If doing so HURTS the BANKERS, that’s okay.
[*OBAMA is PEOPLE'S HERO*] Don’t cry for Wall Street |
||||
| Good Post Bad Post | |||||
| 24-Apr-2010 17:44 |
Midas
/
Midas
Go to Message
|
||||
|
x 0
x 0
|
bUy nOw belOw S$1.100
|
||||
| Good Post Bad Post | |||||
| 24-Apr-2010 17:39 |
COSCO SHP SG
/
CoscoCorp
Go to Message
|
||||
|
x 0
x 0
|
Friday: 23 APRIL 2010 CLOSING S$1.790 -S$0.040 PRiCE was WindOw-DRESSed before the CLOSING ? And then DUMPED at the CLOSE ? ? LiKE a BUYER-TRAP ? ? ? What will be NEXT on Monday ? ? ? ? Very interesting Game |
||||
| Good Post Bad Post | |||||
| 24-Apr-2010 17:35 |
COSCO SHP SG
/
CoscoCorp
Go to Message
|
||||
|
x 0
x 0
|
nO wOnder TEMASEK sOld FiRST ? ? ? ? iNSiDER iNFORMATiON as MAJOR SHAREHOLDER ? ? ? ? TEMASEK just bOught and yet sOld dUring repOrting perOid ? ? ? ? wOuld SGX RAiSE Query ?
|
||||
| Good Post Bad Post | |||||
| 24-Apr-2010 17:19 |
Oceanus
/
Oceanus
Go to Message
|
||||
|
x 0
x 0
|
the RETURNS are much much much better than COSCO and YANGZIJIANG recently | ||||
| Good Post Bad Post | |||||
| 24-Apr-2010 17:17 |
Oceanus
/
Oceanus
Go to Message
|
||||
|
x 0
x 0
|
S$0.54 0 is Xtremely gOOd deal. [What an Opportunity ? ?] S$0.540 - S$0.380 = S$160. WOW WOW WOW ? ? ? I will buy sOme mOre at S$0.380 On Monday tO make the cOnvertiOn wOrth WHiLE. When will i get the CONVERSION FORM ?
|
||||
| Good Post Bad Post | |||||
| 24-Apr-2010 17:11 |
China Oilfield
/
China Oil Field Technology
Go to Message
|
||||
|
x 0
x 0
|
hOw many Oil Fields dOes COF Own? Or, is COF just lOOking fOr Oil Fields but dOes nOt Own any ? ? With CRUDE at current USD85+, Oil Fields Owners shOuld be enjOying gOOd TiMES ? ? ? |
||||
| Good Post Bad Post | |||||
| 24-Apr-2010 17:02 |
Genting Sing
/
GenSp starts to move up again
Go to Message
|
||||
|
x 0
x 0
|
NEXT Monday SPOT LIGHTS will be on BAKER TECH and YANGZIJIANG |
||||
| Good Post Bad Post | |||||
| 24-Apr-2010 16:57 |
BMM
/
Acid Test
Go to Message
|
||||
|
x 0
x 0
|
just nOtice HiGH vOlume SELL dOwn ? ? ? ? Also, recent contract value of S$137,000 is really peanuts ? ? ? ? Need to secure multi-million dollars contract ? ? ? ?
|
||||
| Good Post Bad Post | |||||
| 24-Apr-2010 16:53 |
BMM
/
Acid Test
Go to Message
|
||||
|
x 0
x 0
|
LUCKY for those whO did not take NEXT INSIGHT's BUY RECOMMENDATION. If there is nO BAD NEWS, may be CHERRY PiCK On Monday ? ? ? ? 5 cents would mean a lot of profits ? ? ? ? |
||||
| Good Post Bad Post | |||||
| 24-Apr-2010 16:41 |
BMM
/
Acid Test
Go to Message
|
||||
|
x 0
x 0
|
Friday: 23 APRIL 2010 CLOSING S$0.315 -S$0.050
|
||||
| Good Post Bad Post | |||||
| 24-Apr-2010 16:37 |
YZJ Shipbldg SGD
/
Cruising with the ship ..Yangzijiang
Go to Message
|
||||
|
x 0
x 0
|
Thank yOu fOr the REFRESHER gOOd stUff |
||||
| Good Post Bad Post | |||||
| 24-Apr-2010 15:51 |
Ezra
/
Ezra
Go to Message
|
||||
|
x 0
x 0
|
|
||||
| Good Post Bad Post | |||||
| 24-Apr-2010 15:48 |
Ezra
/
Ezra
Go to Message
|
||||
|
x 0
x 0
|
Ezra buys into PerisaiSingapore-based Ezra Holdings is set to acquire a 19.9% stake in Malaysia’s Perisai Petroleum for 64.02 million ringgit ($20 million) in cash, with an eye on a stable revenue stream from the Malaysian oil and gas sector. Offshore construction work has continued in Malaysia even when oil prices were at $10 per barrel, Ezra chief executive Lionel Lee said at a results briefing last Friday. The acquisition not only provides Ezra with a buffer against oil price movements, but also a steady revenue stream from Perisai’s pipelay barge, Enterprise-3. The pipelayer is contracted to leading Malaysian offshore construction player TL Offshore through 2013. The vessel is on charter for another 1085 days at a day rate of $95,000, subject to a 5% annual escalation and a lower standby rate of $57,500, the Star newspaper reported last week. Ezra is also looking at extending its capability through the acquisition. The addition of Enterprise 3 means Ezra now owns a fleet capable of performing offshore construction in a wide range of water depths, from as shallow as two metres to more than 3500 metres, according to Lee. The Singapore-based contractor, however, has no immediate plans to participate in the mobile production and storage unit (MOPSU) joint venture Perisai has earlier set up with fellow Malaysian outfit Gryphon Energy. Lee said although no decision has been made on the MOPSU business, it does not fall in line with Ezra’s business plans. Perisai also owns stakes in two other vessels, the 1969-built Alpha Shield and 1980-built Allied Shield, which Lee said are likely to be offered on the spot market or put up for sale. Ezra posted a 23% fall in first half revenue to $135.4 million despite an 18% jump posted for the second quarter ended 28 February 2010. Lee attributes the fall in first half revenue fall to mandatory drydocking of vessels during the first quarter. As of the end of February, Ezra had another $100 million capital expenditure committed towards three newbuilds, including two multi-functional support vessels (MFSVs) and a DP3 construction vessel. Deliveries of the MFSVs Lewek Fulmar and Lewek Falcon are scheduled for August 2010 and March 2011, while the DP3 Lewek Crusader will be delayed to August 2010 due to changes in client-specified requirements. Lewek Crusader is being proposed for a charter in Asia and the contract will be firmed up towards the vessel delivery date, according to Lee. Ezra will also be actively looking for asset acquisitons opportunities from financially distressed US outfits, in line with its efforts to strengthen its presence in West Africa and the Gulf of Mexico, as well as to break into the Brazilian market. Asked which assets will interest Ezra, Lee said the vessel owner is keen on ‘"ROV and IMR (remotely operated vehicles and inspection, maintenance and repairs)" units. Ezra has recently acquired a platform supply vessel at 20% below the market value from a seller hit by the financial crisis, according to Lee. The newbuild, to be named Lewek Aries is due for delivery this month. |
||||
| Good Post Bad Post | |||||
| 24-Apr-2010 15:14 |
YZJ Shipbldg SGD
/
Cruising with the ship ..Yangzijiang
Go to Message
|
||||
|
x 0
x 0
|
gOOd VISIONing strEEt SMART
|
||||
| Good Post Bad Post | |||||
| 24-Apr-2010 15:10 |
YZJ Shipbldg SGD
/
Cruising with the ship ..Yangzijiang
Go to Message
|
||||
|
x 0
x 0
|
NEW VISION WiLL YANGZIJIANG OVERTAKE COSCO ? 2010 ? ? 2011 ? ? ? |
||||
| Good Post Bad Post | |||||
| 24-Apr-2010 15:07 |
YZJ Shipbldg SGD
/
Cruising with the ship ..Yangzijiang
Go to Message
|
||||
|
x 0
x 0
|
As part of the deal, Yangzijiang will place 83.55 million new shares to the Middle Eastern investor at $1.295 a share. The proceeds will be used for the acquisition. S$1.295 x 83.55 million = S$108.19725 Million WHO has this SPARE amount of money? SMART and powerful people from MIDDLE EAST. WHEN will people SPEND such money? WHEN something REALLY GOOD is DISCOVERED. WHAT is the THING DISCOVERED ? BAKER TECH's PPL Shipyard.
YANGZIJIANG DISCOVERED BAKER TECH MIDDLE EAST is the FINANCIER YANGZIJIANG wants to KEEP FULL BENEFITS from BAKER TECH MIDDLE EAST will derive INDIRECT BENEFITS from owning YANGZIJIANG shares MIDDLE EAST has the VISION that YANGZIJIANG's PROFIT will GROW and MULTIPY after owning BAKER TECH. BAKER TECH's PROFIT will GROW and MULTIPLY when BOTH YANGZIJIANG and MIDDLE EAST secure NEW ORDERS for BAKER TECH bOth KEP CORP and especially SEMBMARINE will encounter NEW COMPETITION at lower cost from YANGZIJIANG. Also, COSCO will have a NEW DIRECT HEAD-COMPETITOR for the Oil sector. # # # # # # # # SEMBMARINE will be at HIGHER RISK Once YANGZIJIANG gets into BAKER TECH's PPL, CHINESE will LEARN and REPRICATE everything VERY FAST [ALMOST INSTANTLY]. NEXT STEP will be to START UP a 100% owned subsidiary, YANGZIJIANG OIL ENGINEERING which is DOUBLE the size of PPL to compete directly with SEMBMARINE. * * * * * * * * *BEST BET* was tO bUy both YANGZIJIANG and BAKER TECH YESTERDAY If dO nOt hOld bOth the shares nOw, yOu have tO decide based On actual Market Price Action on Monday Morning. It Will DEPEND on WHAT is your VISION ? for BAKER TECH and YANGZIJIANG. VISIONing is nOt just fOr CHAIRMAN and CEO. VISIONing is VERY IMPORTANT fOr INVESTORS. BEST OF LUCK
|
||||
| Good Post Bad Post | |||||
| 24-Apr-2010 14:37 |
YZJ Shipbldg SGD
/
Cruising with the ship ..Yangzijiang
Go to Message
|
||||
|
x 0
x 0
|
Barring unforseen circumstances, without any NEW bad news, BAKER TECH will BREAK OUT. May be even for YANGZIJIANG, as recommended by analyst with a TP S$2.07 for YANGZIJIANG. CHECK OUT at CHANNEL NEWS ASIA FORUM for more information. Please be CASUAL, no need to be formal.
|
||||
| Good Post Bad Post | |||||
| First < Newer 10781-10800 of 13894 Older> Last |