Latest Posts By dealer0168 - Elite About dealer0168 |
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20-Feb-2010 00:21 | Others / DOW Go to Message | ||||
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Handon, yr statement below ...oooo makes ppl blur: whatever against USD.... sure drop.... First statement u say anything against USD drop. Second statement u say anything against USD UP. Wow........which is which....hahahaha.
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19-Feb-2010 22:38 | Allgreen / Allgreen - Can buy ? Go to Message | ||||
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Talking abt divi play, this one is ok only. Talking of PE ratio, its is quite high One good thing i see about this stock is, its NAV is higher than its current price. N its FA not bad also. Btw what is yr expected possible upside price ??
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19-Feb-2010 17:52 | Rotary Engg / Rotary Go to Message | ||||
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Ooo, correction should be around late feb. Emm that means most likely out next week...
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19-Feb-2010 17:50 | Rotary Engg / Rotary Go to Message | ||||
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Rotary results should be out pretty soon. Normally around mid Feb period. |
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19-Feb-2010 15:26 | Straits Times Index / STI to cross 3000 boosted by long-term investors Go to Message | ||||
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Hehe anyway all working in oil related firm ....they are all rich rich....
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19-Feb-2010 15:14 | Straits Times Index / STI to cross 3000 boosted by long-term investors Go to Message | ||||
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Honda Intergra.......emm ok lah still not expensive. But i know tech at oil related company can earn possible more than 3K/ mth.
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19-Feb-2010 15:09 | Others / CMA Go to Message | ||||
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this burger hold strong at 2.19 leh. Not advisable to short now.
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19-Feb-2010 14:08 | Straits Times Index / STI to cross 3000 boosted by long-term investors Go to Message | ||||
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heard like basically the jobs just need someone to do oil trading at computer. Suit Kelly.
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19-Feb-2010 14:03 | Straits Times Index / STI to cross 3000 boosted by long-term investors Go to Message | ||||
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But i heard there is a post call oil trader also. That post fetch around 4 to 5 K also if i did not remember wrongly. I guess Kelly can try out that. That one does not need one to be in ground operation...........
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19-Feb-2010 14:01 | Genting Sing / GenSp starts to move up again Go to Message | ||||
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But the security there is good.. Got many tanks around there to have cover the security of the area...hehe
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19-Feb-2010 13:43 | Straits Times Index / STI to cross 3000 boosted by long-term investors Go to Message | ||||
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Not only their bonus is good. Even their basic pay package is attractive too loh.........
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19-Feb-2010 13:40 | Straits Times Index / STI to cross 3000 boosted by long-term investors Go to Message | ||||
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petrol or oil related one will than give such package. Heard like Keppel give 9 mths last year fyi
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19-Feb-2010 13:24 | Genting Sing / GenSp starts to move up again Go to Message | ||||
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Haha why not put at sungei Gedong Camp.............There got more free space for jets/plane to fly in ...haha
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19-Feb-2010 13:22 | Straits Times Index / STI to cross 3000 boosted by long-term investors Go to Message | ||||
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Asia Stocks, Oil Drop; Dollar Gains as Fed Raises Discount Rate
By Clyde Russell and Satoshi Kawano Feb. 19 (Bloomberg) -- Asian stocks, U.S. stock futures and oil declined while the dollar gained as the Federal Reserve unexpectedly raised its discount rate, spurring concern the global recovery will slow as stimulus programs are unwound. The MSCI Asia Pacific Index dived 1.8 percent to 115.66 as of 2:08 p.m. in Tokyo, with banks and commodity stocks leading the drop. The dollar touched a nine-month high against the euro and the strongest in five weeks versus the yen. Oil fell for the first time in four days. Standard & Poor’s 500 index futures expiring in March slid 1 percent. The Fed lifted the discount rate charged to banks for direct loans from 0.5 percent to 0.75 percent for the first time in more than three years, signaling a retreat from its unprecedented actions to halt the deepest financial crisis since the Depression. Singapore said its economy will expand faster than expected this year, adding to evidence that the recovery has prompted policy makers to withdraw stimulus measures. “The U.S. has started moving toward the exit of stimulus measures,” said Kenichi Hirano, general manager and strategist at Tokyo-based Tachibana Securities Co. “Though it’s necessary, the move is making investors jittery and is a short-term negative for the market.” Hong Kong’s Hang Seng Index slumped 2.3 percent, while Japan’s Nikkei 225 Stock Average lost 1.4 percent. The Kospi Index fell 1.2 percent in Seoul as YTN television reported North Korea declared a firing zone off its west coast near the maritime border with South Korea. NAB, Cnooc Decline National Australia Bank Ltd., Australia’s fourth-largest bank, fell 3.3 percent to A$25.10 after reporting first-quarter profit that was unchanged from a year ago. Trend Micro Inc., the world’s third-biggest maker of security software, sank 4.6 percent to 3,205 yen in Tokyo after forecasting lower profit. Commodity companies fell as oil, gold and copper prices slumped. Cnooc Ltd., China’s largest offshore oil producer, declined 3.1 percent to HK$11.86 and PetroChina Co., the country’s biggest oil company, dropped 2.1 percent to HK$8.53. Lihir Gold Ltd. slipped 3.2 percent to A$2.70 in Sydney. RBC Capital was among brokerages that cut its rating on the Australian stock exchange’s second-largest gold mining company, which reported earnings yesterday. The dollar rose to as high as $1.3444 per euro, the strongest since May 18, before trading at $1.3487. The U.S. currency was at 91.71 to the yen, from 91.81 yesterday in New York, after earlier gaining to 92.09, the highest level since Jan. 12. “The Fed’s action came as a surprise and enhanced speculation that it will withdraw stimulus ahead of major peers,” said Tomokazu Matsufuji, a dealer in Tokyo at SBI Liquidity Market Co. “This will drive the dollar higher.” Speculation Curbed Gains in the dollar were tempered after policy makers curbed speculation the central bank will raise benchmark interest rates this year. Financial markets’ view that borrowing costs will increase later this year is “overblown,” Fed Bank of St. Louis President James Bullard said in a speech in Memphis, Tennessee. Atlanta Fed President Dennis Lockhart said yesterday’s decision to raise the discount rate doesn’t signal a tightening of policy. Treasuries gained on the Fed comments and as investors snapped up 10-year yields at a five-week high. The yield on the benchmark 10-year note fell two basis points, or 0.02 percentage point, to 3.78 percent, according to BGCantor Market Data. The rate earlier climbed to 3.82 percent, matching the highest level since Jan. 12. Won Weakens South Korea’s won weakened 0.8 percent to 1,159.7 per dollar as the discount rate increase cooled demand for higher- yielding currencies. The Indonesian rupiah and the won gained 30 percent and 28 percent respectively in the past year as near- zero rates in the U.S. gave traders cheap financing for investing in developing nations. The rupiah dropped 0.5 percent to 9,360 per dollar. “We’ve seen a knee-jerk sell-off in most currencies against the U.S. dollar and that includes Asia,” said Mitul Kotecha, head of global foreign-exchange strategy for Credit Agricole CIB in Hong Kong. “We’ll see a bigger impact on the currencies more sensitive to risk, like the Korean won and Indonesian rupiah.” The Fed said the increase in the discount rate will encourage financial institutions to rely more on money markets, rather than the central bank, for short-term loans. The move widens the discount rate spread over the top range for the federal funds rate to 0.5 percentage point. The central bank also cited last month’s statement, which said economic conditions are likely to warrant “exceptionally low” levels of the federal funds rate, or the target rate for overnight loans between banks, for “an extended period.” ‘Further Normalization’ “These changes are intended as a further normalization of the Federal Reserve’s lending facilities,” the central bank said yesterday in a statement. “The modifications are not expected to lead to tighter financial conditions for households and businesses and do not signal any change in the outlook for the economy or for monetary policy.” Singapore’s gross domestic product will increase 4.5 percent to 6.5 percent in 2010 after shrinking 2 percent last year, the trade ministry said in a statement today. That compares with a previous prediction for growth of 3 percent to 5 percent this year. The economy contracted an annualized 2.8 percent from the previous three months last quarter after climbing a revised 11.5 percent from July to September. Oil declined as much as 1.2 percent to $78.10 a barrel in New York, paring yesterday’s 2.2 percent gain as the dollar advanced and a U.S. Energy Information Administration report showed crude stockpiles climbed 3.09 million barrels last week. A rise of 1.73 million barrels was forecast, according to the median estimate in a Bloomberg News survey. Metals Decline Dollar-denominated commodities fell as the U.S. currency strengthened. Three-month copper on the London Metal Exchange declined as much as 1.2 percent to $7,180 a metric ton. Gold for immediate delivery dropped as much as 0.8 percent to $1,099.41 an ounce. “There are few incentives for gold buying at the moment as the rising dollar continues to keep investors away,” said Hwang Il Doo, a senior trader with KEB Futures Co. in Seoul. |
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19-Feb-2010 00:03 | Genting Sing / Genting Testing Complex Head and Shoulders Necklin Go to Message | ||||
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Yes u right, there maybe a possible rebound tomorrow if Dow is green tonight |
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19-Feb-2010 00:00 | Allgreen / Allgreen - Can buy ? Go to Message | ||||
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But its PE ratio quite high fr this one leh........
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18-Feb-2010 23:38 | Straits Times Index / STI to cross 3000 boosted by long-term investors Go to Message | ||||
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Really envy those who every monitor their stock, n need not work. For us those working personnel, can only monitor when free. But is good also lah. Those everytime monitor ....sometime may get gan-jiong easily. Causing oneself to keep averaging. Oooo, time to rest now. Will be back again.........when free. Cheers. |
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18-Feb-2010 22:59 | Straits Times Index / STI to cross 3000 boosted by long-term investors Go to Message | ||||
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ronleech must be searching high n low fr a bicycle now.....hehe
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18-Feb-2010 17:50 | Genting Sing / GenSp starts to move up again Go to Message | ||||
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if happened, wow........ good liao......than i will buy BUY BUY. Cheers.
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18-Feb-2010 17:42 | Genting Sing / GenSp starts to move up again Go to Message | ||||
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if it happens............... I will buy alot also. But i doubt the day will come. At most i thk the drop is until 0.80 to 0.90.
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