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6 APRIL 2010 Tuesday
TEMASEK purchased shares frOm market
tO increase its COSCO holding tO 5%
and Qualified as a MAJOR shareholder
On 8 APRIL 2010.
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who is SSH ?
ruanlai ( Date: 09-Apr-2010 08:57) Posted:
Hopeless company........even ssh also start dumping.
Avoid from now re-enter when the price reach 5cents. |
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Shun Zi says,
"One has nOt lOst,
as lOng as One has nOt given Up."
E-war ( Date: 10-Apr-2010 18:46) Posted:
| Only regret is not able to purchase more when this baby was below 0.5. Now Mon sure chiong, dun know whether even can get at this px or not. |
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TOAST TO YING LI
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Chongqing Yingli is a recognised brand in Chongqing for quality, innovation and ... Established in 1993, Chongqing Yingli has a unique track record in urban ...en.yingligj.com/Company/CompanyInfo_zj.aspx?infoid=53 - Cached - Similar
[ Chong Qing Evening News] Ying Li International real estate profit post-disaster situation dumping Liangping education. 2008年9月8日 Hit:61 ...en.yingligj.com/NewsCenter/NewsInfo.aspx?infoid=101 - Cached
19 Jan 2010 ... Ying Li International Real Estate says it intends to acquire two prime sites in the Chongqing Yuzhong CBD to develop into the Lu Zu ...www.theedgesingapore.com/.../11761-ying-li-international-real-estate-to-acquire-2-prime-sites-in-chongqing-for-development.html - Cached
Ying Li International Real Estate Ltd. Company Profile - View the latest news, ... through its subsidiary, Chongqing Yingli Real Estate Development Co., ...www.alacrastore.com/.../Ying_Li_International_Real_Estate_Ltd-3669905 - Cached - Similar
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S$1.20 for fOOd is nOt cheapO ? ? ? ?
Synear is Only S$0.310
Pac Andes is Only S$0.385
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Intend to Attend and get a fEEl of what is happening.
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bEtwEEn BUSINESS TIMES and MINISTRY OF TRANSPORT:
Who is RIGHT ? Who is WRONG ?
Who is ACCURATE ? Who is INACCURATE ?
Which is TRUTH ? Which is UNTRUTH ?
Which is BLACK ? Which is WHITE ?
Which is STRAIGHT ? Which is NOT STRAIGHT ?
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Friday: 9th APRIL 2010
BUSINESS TIMES
| COE supply this year may be 50% of 2009's |
 |
By SAMUEL EE
SINGAPORE - This year's new car registrations could plunge to levels not seen since 1999, but certificate of entitlement (COE) premiums would be way higher than what they were 11 years ago because of a bigger car population.
In 2009, the maximum COE quota size for passenger cars was 71,000 although only 68,862 cars were actually registered. This year, in a worst-case scenario, the number of car COEs could contract by half to just 34,762 - lower than 1999's new car registrations of 36,183 units. |
pharoah88 ( Date: 10-Apr-2010 17:56) Posted:
ST Forum
Apr 3, 2010
Old formula doesn't mean more COEs
I REFER to Mr Tan Jiaqi's letter, 'COE price hike: Govt not entirely right', on Wednesday.
Mr Tan asserts that the new formula for certificate of entitlement (COE) quota, which comes into effect this month, was one reason for the rise in COE prices in the recent bidding exercise last month.
Both the old and new COE formulas aim to replace deregistered vehicles through the COE supply. Under the old formula, the number of vehicles deregistered is based on projections derived from historical trends. The new methodology merely does away with the need to project deregistrations by basing the number of replacement COEs on the actual number of vehicles taken off the road in the most recent six-month period. In doing so, the new formula provides a COE supply that is more responsive to changes in vehicle deregistration patterns, and is not subject to errors in projection.
The change in formula in itself does not result in a significant change in COE quotas. If there is a trend of more vehicles being deregistered, then both the new and old formulas would provide for a higher COE quota. Likewise, if there are fewer vehicles being deregistered, the COE quota will fall regardless of the formula used.
The cut in the COE quota announced last month was a direct result of there being fewer vehicle deregistrations recently. It is wrong to conclude that if the Government had kept to the old formula, there would have been more COEs.
In its review of the COE formula, the Land Transport Authority sought the views of the various motor trading associations, which were generally supportive of the proposal. In deciding on the change, the Government took into account their feedback, to use a six-month recycling period to allow the industry time to adjust.
Phua Hooi Boon Director (Land Transport Division) Ministry of Transport |
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ST Forum
Apr 3, 2010
Old formula doesn't mean more COEs
I REFER to Mr Tan Jiaqi's letter, 'COE price hike: Govt not entirely right', on Wednesday.
Mr Tan asserts that the new formula for certificate of entitlement (COE) quota, which comes into effect this month, was one reason for the rise in COE prices in the recent bidding exercise last month.
Both the old and new COE formulas aim to replace deregistered vehicles through the COE supply. Under the old formula, the number of vehicles deregistered is based on projections derived from historical trends. The new methodology merely does away with the need to project deregistrations by basing the number of replacement COEs on the actual number of vehicles taken off the road in the most recent six-month period. In doing so, the new formula provides a COE supply that is more responsive to changes in vehicle deregistration patterns, and is not subject to errors in projection.
The change in formula in itself does not result in a significant change in COE quotas. If there is a trend of more vehicles being deregistered, then both the new and old formulas would provide for a higher COE quota. Likewise, if there are fewer vehicles being deregistered, the COE quota will fall regardless of the formula used.
The cut in the COE quota announced last month was a direct result of there being fewer vehicle deregistrations recently. It is wrong to conclude that if the Government had kept to the old formula, there would have been more COEs.
In its review of the COE formula, the Land Transport Authority sought the views of the various motor trading associations, which were generally supportive of the proposal. In deciding on the change, the Government took into account their feedback, to use a six-month recycling period to allow the industry time to adjust.
Phua Hooi Boon Director (Land Transport Division) Ministry of Transport
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Friday: 9th APRIL 2010
BUSINESS TIMES
| COE supply this year may be 50% of 2009's |
 |
By SAMUEL EE
SINGAPORE - This year's new car registrations could plunge to levels not seen since 1999, but certificate of entitlement (COE) premiums would be way higher than what they were 11 years ago because of a bigger car population.
In 2009, the maximum COE quota size for passenger cars was 71,000 although only 68,862 cars were actually registered. This year, in a worst-case scenario, the number of car COEs could contract by half to just 34,762 - lower than 1999's new car registrations of 36,183 units. |
pharoah88 ( Date: 04-Apr-2010 13:32) Posted:
The Straits Times Saturday, 3 APRIL 2010 Page A36 fOrum
OLD fOrmula dOesn't mean mOre COEs
by Phua Hooi Boon
Director (Land Transport Division)
Ministry of Transport
* * * * * * * * * * * * * * * *
I REFER to Mr tan Jiaqi's letter,
"COE price hike: Govt not entirely right", on Wednesday.
Mr Tan asserts that the new fOrmula for COE quota,
which comes into effect this month,
was on reasOn for the rise in COE prices
in the recent bidding exercise last month.
.... |
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Friday: 9th APRIL 2010
BUSINESS TIMES
| COE supply this year may be 50% of 2009's |
 |
By SAMUEL EE
SINGAPORE - This year's new car registrations could plunge to levels not seen since 1999, but certificate of entitlement (COE) premiums would be way higher than what they were 11 years ago because of a bigger car population.
In 2009, the maximum COE quota size for passenger cars was 71,000 although only 68,862 cars were actually registered. This year, in a worst-case scenario, the number of car COEs could contract by half to just 34,762 - lower than 1999's new car registrations of 36,183 units.
There will be one major difference from 1999 though: the COE premium. Back then, the peak for a COE that could be used for registering a passenger car was $53,000. But with today's demand significantly higher than what it was in the late 1990s, conventional wisdom says COE premiums should surge far beyond that level.
One reason is that today's car population is 50 per cent bigger than what it was 11 years ago, which implies 50 per cent more replacement demand. In 1999, the car population was about 383,000 units; at the end of 2009, it was nearly 580,000.
In the best-case scenario, this year's total registrations for new cars could be as much as 44,000, or 36 per cent less than 2009's total. Everything depends on the COE quota to be announced by the government for the August 2010 to January 2011 period.
This is because the number of COEs from January to July 2010 has been announced. In the first three months of this year, there were 4,827 COEs per month or a total of 14,481 from the three categories that could be used to register a passenger car - Category A (for small cars), Cat B (big cars) and Cat E (the open category).
For the April-July period, the relevant monthly figure is 3,214 or a total of 12,856. If the status quo for the remaining five months of 2010 is maintained - that is, at 3,214 COEs per month - motorists can look forward to the release of 16,070 certificates until the year-end. This would mean a 2010 total of 43,407, near 44,000.
But since future half-yearly quotas of COEs will now be determined largely by the actual number of vehicles deregistered in the preceding six-month period (that is, the quota beginning in August 2010 depends on January-February 2010's scrappage), this figure could well be an optimistic one.
This is because deregistrations from January to February this year are falling, and if the trend continues, it means the amount of recycled COEs for the second half of 2010 could be much less than the 3,214 per month currently being released.
Assuming that used car dealers cut their monthly deregistrations by half because climbing COE premiums mean more attractive second-hand car prices, and using rough assumptions of COE allocation for the passenger car categories - plus other adjustments for over-projections in preceding years - the monthly quota from August onwards could be as low as 481 Cat A COEs, 491 Cat B, and 513 Cat E. This comes up to 1,485 COEs per month or a total of 7,425 for the last five months of 2010.
If this happens, the 2010 total will amount to just 34,762 - about half of the 68,862 new cars put on the road last year.
'The sharp decline in deregistrations could set in as early as March,' said one car distributor. The March 2010 deregistration statistics will be released by the Land Transport Authority (LTA) in the middle of this month.
The car distributor explained that used car dealers have already jacked up the prices of their second- hand cars in line with the upward-moving COE premiums.
'This means they have stopped deregistering their stock and are hoping to get better prices on the resale market,' he said.
He explained that the dealers' inventory consists mainly of 2004 and older vehicles - cars with higher paper value that would otherwise have been scrapped and recycled into new COEs.
'Cars registered in 2005 and later have lower paper value. They are unlikely to be scrapped anyway since they still have five more years left,' he added. 'It all points to a declining deregistration rate.'
This article was first published in The Business Times.
| SIT to offer industry-focused Degree Programmes to Poly Grads |
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befOre the wOrld sub-PRiME Financial Tsumani, i sOld ALL my Pac Andes hOlding at S$0.880 after my SCRiPTs were DOUBLED due tO 1 for 1 BONUS.
And yet after my Selling, the PRiCE went Up fUrther tO beyOnd S$1.00 plus.
EVERYTHING is POSSIBLE
NOTHING is IMPOSSIBLE
Salute ( Date: 10-Apr-2010 01:47) Posted:
| pharoah, you are so kiasu and excited about this counter. wrote in big big wordings and figures. when I first saw the green ) $0.88, it really sucks out my eye balls |
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Mr. Kunwar Bir Singh
will make a BETTER
BUS-ON MINISTER OF TRANSPORT
pharoah88 ( Date: 10-Apr-2010 17:00) Posted:
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ST Forum
Apr 9, 2010
SPLITTING BUS ROUTES
Why it won't help
I HAVE followed with interest ideas on reorganising bus routes ('Government to review long bus routes'; March 29).
There was a suggestion to split longer routes in two, but I fail to see how it can improve services or encourage more people to take buses. It would further stress the already bursting MRT system as people on long routes will take the train instead.
At present, most buses which ply long routes are also de facto feeder services in the areas they serve. This is because most buses on long routes alternate between major and minor roads, and follow a winding route. This means a longer transit time.
Splitting bus routes will only increase transit time and worsen the problem.
A better solution may be to make a clear distinction between feeder services and buses on long routes. This way, buses on long routes will go on only major roads and not wind around HDB townships.
Hence fewer buses will be required on longer routes.
These extra buses can then be diverted to act as feeder services, which will be strengthened to take passengers from inside housing estates to MRT stations and major roads.
This solution may be more complicated than simply splitting long routes, but I feel it is worth a look by the authorities.
[NOTE: use mOre BRAIN POWER and TALENT MATTER]
Kunwar Bir Singh
pharoah88 ( Date: 27-Mar-2010 12:41) Posted:
Sat: 27th March 2010 Lianhe Zaobao
LIM Hwee Hua
on improving bus services:
Routes over 20km to be Broken dOwn intO twO
this will DOUBLE the bus FARES for lOng Distance Travellers
and add Connecting Time to each travel
More Revenues and prOfits for Bus Operators
PERFECT way to Increase Cost of Living and INFLATION
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ST Forum
Apr 9, 2010
SPLITTING BUS ROUTES
Why it won't help
I HAVE followed with interest ideas on reorganising bus routes ('Government to review long bus routes'; March 29).
There was a suggestion to split longer routes in two, but I fail to see how it can improve services or encourage more people to take buses. It would further stress the already bursting MRT system as people on long routes will take the train instead.
At present, most buses which ply long routes are also de facto feeder services in the areas they serve. This is because most buses on long routes alternate between major and minor roads, and follow a winding route. This means a longer transit time.
Splitting bus routes will only increase transit time and worsen the problem.
A better solution may be to make a clear distinction between feeder services and buses on long routes. This way, buses on long routes will go on only major roads and not wind around HDB townships.
Hence fewer buses will be required on longer routes.
These extra buses can then be diverted to act as feeder services, which will be strengthened to take passengers from inside housing estates to MRT stations and major roads.
This solution may be more complicated than simply splitting long routes, but I feel it is worth a look by the authorities.
[NOTE: use mOre BRAIN POWER and TALENT MATTER]
Kunwar Bir Singh
pharoah88 ( Date: 27-Mar-2010 12:41) Posted:
Sat: 27th March 2010 Lianhe Zaobao
LIM Hwee Hua
on improving bus services:
Routes over 20km to be Broken dOwn intO twO
this will DOUBLE the bus FARES for lOng Distance Travellers
and add Connecting Time to each travel
More Revenues and prOfits for Bus Operators
PERFECT way to Increase Cost of Living and INFLATION
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Monday: 12 APRIL 2010
ChemOil USD0.440
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