/> ShareJunction - Member Posts
logo transparent gif
top_white_spacer
Home Latest Stock Forum Topics MyCorner - Personal Stocks Porfolio Stock Lists Investor Insights Investor Research & Links Dynamic Stock Charting FREE Registration About Us top spacer top spacer
 User Password Auto-Login
Enter Stock
 
righttip
branding

Back

Latest Posts By pharoah88 - Supreme      About pharoah88
First   < Newer   8161-8180 of 13894   Older>   Last  

20-Aug-2010 17:28 Genting HK USD   /   Genting HK US$       Go to Message
x 0
x 0
Friday: 3rd September 2010

D  DAY  COUNT  DOWN

*10*  Investment Days
Good Post  Bad Post 
20-Aug-2010 17:25 Genting HK USD   /   Genting HK US$       Go to Message
x 0
x 0

Ceteris paribus

From Wikipedia, the free encyclopedia
Jump to: navigation, search


Cēterīs paribus is a Latin phrase, literally translated as "with other things the same," or "all other things being equal or held constant." It is an example of an ablative absolute and is commonly rendered in English as "all other things being equal." A prediction, or a statement about causal or logical connections between two states of affairs, is qualified by ceteris paribus in order to acknowledge, and to rule out, the possibility of other factors that could override the relationship between the antecedent and the consequent.[1]

A ceteris paribus assumption is often fundamental to the predictive purpose of scientific inquiry. In order to formulate scientific laws, it is usually necessary to rule out factors which interfere with examining a specific causal relationship. Under scientific experiments, the ceteris paribus assumption is realized when a scientist controls for all of the independent variables other than the one under study, so that the effect of a single independent variable on the dependent variable can be isolated. By holding all the other relevant factors constant, a scientist is able to focus on the unique effects of a given factor in a complex causal situation.

Such assumptions are also relevant to the descriptive purpose of modeling a theory. In such circumstances, analysts such as physicists, economists, and behavioral psychologists apply simplifying assumptions in order to devise or explain an analytical framework that does not necessarily prove cause and effect but is still useful for describing fundamental concepts within a realm of inquiry.
Good Post  Bad Post 
20-Aug-2010 17:23 Genting HK USD   /   Genting HK US$       Go to Message
x 0
x 0

Based  On  Result mOmentum  Of  1Q  and 2Q,

ceteris paribus

3Q  is  autOmatically  prOfitable.



tradermonster      ( Date: 17-Aug-2010 18:16) Posted:



Dear Pharoh

Any indication that Genting HK is going to be profit for 3rd Quarter results?

 

 

Good Post  Bad Post 
20-Aug-2010 17:19 Genting HK USD   /   Genting HK US$       Go to Message
x 0
x 0


Friday:  20 AUGUST 2010  CLOSING

26,271,000

USD0.290   +USD0.010

Day Hi   USD0.295

Day Lo  USD0.275

PRICE  ACTIONS

16:55:44  USD0.290    1,863,000    BOUGHT frOm SELLER

16:55:42  USD0.290    1,000,000    BOUGHT frOm SELLER
16:55:21  USD0.290    1,000,000    BOUGHT frOm SELLER
16:53:27  USD0.285    3,000,000    BOUGHT frOm SELLER

USD 0.295  1,003,000  BOUGHT  frOm  SELLER 
Good Post  Bad Post 
20-Aug-2010 17:01 Genting Sing   /   GenSp starts to move up again       Go to Message
x 0
x 0


SENSE ?

sOmethIng vIbratIng  durIng  thIs week end ?

GAP  UP

neXt  mOnday ?
Good Post  Bad Post 
20-Aug-2010 16:55 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
x 0
x 0
Buy Queue at S$1.62 ?   S$1.52 ?

des_khor      ( Date: 20-Aug-2010 10:55) Posted:

Cover back short @$1.62 50 lots. Withdraw buy Q @ $1.62 50 lots as well.

Good Post  Bad Post 
20-Aug-2010 16:46 User Research/Opinions   /   MAY BANK initiates GROWTH ERA tOday       Go to Message
x 0
x 0
Friday: 20 AUGUST 2010  HIGH

RM8.16  +RM0.09
Good Post  Bad Post 
20-Aug-2010 16:33 Fixed Deposits   /   $$$$ F D Interest Abnormalisation MLM BUBBLE $$$       Go to Message
x 0
x 0

Sibor or SOR? Now you can have them both

Julie Quek

juliequek@mediacorp.com.sg

SINGAPORE

The bank claims it could reduce the anxiety of homeowners because the loan is pegged to at least two reference rates, unlike the banking norm in Singapore where home loans are usually pegged to only one.

Floating rate home loans are usually pegged to either the Singapore Interbank Offered Rate (Sibor) or the Swap Offer Rate (SOR).

Sibor is the rate at which banks in Singapore lend to one another, whereas SOR refers to the average cost of funds used by banks here for commercial lending.

As most housing loan interest rates track movements in the Sibor or SOR, this means that when the respective rates shift upwards or downwards, the interest rates of the home package will move in the same direction.

Analysts say that for homeowners buying properties over long-term periods, it is advisable to choose a loan with fixed rates or Sibor-pegged home package, as Sibor rates are known to be relatively more stable than SOR rates.

However, for home buyers with more aggressive risk appetite and who are investing over a shorter time horizon, they may consider the SORpegged packages at a time when the SOR rates are lower and more attractively-priced than Sibor rates.— ANZ Bank has launched a new floating rate home loan, believed to be the first of its kind here.

ANZ Bank offers unique floating rate mortgage

Good Post  Bad Post 
20-Aug-2010 16:27 User Research/Opinions   /   &&&&&&&& PROFITS & PHILANTHROPHY &&&&&&&&       Go to Message
x 0
x 0

Watch what they do,

not what they say

Good Post  Bad Post 
20-Aug-2010 16:25 User Research/Opinions   /   %%%% WORLD ECONOMIC SUMMIT %%%%       Go to Message
x 0
x 0

Watch what they do,

not what they say

Good Post  Bad Post 
20-Aug-2010 16:22 Others   /   TRADE FREELY & LiVE LONGER       Go to Message
x 0
x 0

Watch what they do,

not what they say

Good Post  Bad Post 
20-Aug-2010 16:20 User Research/Opinions   /   ~~~~ CORPORATE GOVERNANCE ~~~~       Go to Message
x 0
x 0

Watch what they do,

not what they say

Good Post  Bad Post 
20-Aug-2010 16:16 Fixed Deposits   /   $$$$ F D Interest Abnormalisation MLM BUBBLE $$$       Go to Message
x 0
x 0

Watch what they do,

not what they say

Good Post  Bad Post 
20-Aug-2010 16:14 User Research/Opinions   /   ^ Productivity ^ [Effecacy Efficiency Economy]       Go to Message
x 0
x 0

Watch what they do,

not what they say

Good Post  Bad Post 
20-Aug-2010 16:12 Others   /   GIC and Temasek       Go to Message
x 0
x 0

Watch what they do,

not what they say

Good Post  Bad Post 
20-Aug-2010 16:03 Others   /   GIC and Temasek       Go to Message
x 0
x 0

And then, there were 3

Temasek appoints two new presidents; move seen to ease urgency of CEO search

Ephraim Seow

ephraimseow@mediacorp.com.sg

SINGAPORE

Temasek yesterday announced that executive director Simon Israel will take on the additional role of president next month, along with former Bank of America executive Gregory Curl. They will join former Singapore Exchange chief executive Hsieh Fu Hua, who assumed the role of executive director and president at Temasek on Aug 1.

Analysts reckon that the new management structure will ease the pressure on the sovereign fund to look for a new chief executive after Mr Charles Goodyear left in July last year just months before he was to have succeeded Ms Ho to the top post.

Temasek said yesterday that Mr Israel, 57, will be in charge of the firm’s Singapore investments and oversee those in the Australia and New Zealand markets.

Mr Curl, 62, will oversee Temasek’s interests in financial services and support its strategic engagement in the Americas. Retired from Bank of America in March this year, he brings to Temasek 34 years’ experience in banking and international merger and acquisitions.

Meanwhile, Mr Hsieh, 60, will look into Temasek’s institutional and capacity building initiatives, including the company’s platform for leadership and talent development.

Temasek said the trio would help Ms Ho to build a sustainable institution that creates and delivers long-term shareholder value.

Associate Professor Mak Yuen Teen from the National University of Singapore Business School said: “I don’t think this necessarily means that the search for the CEO will stop — but it may have less urgency now, with deep bench strength at the senior management level.”

He added: “It’s possible that one of the presidents will eventually become the CEO.

The board will be able to assess their suitability and it will also allow the appointment of someone who is already familiar with the organisation.”

Another key executive joining Temasek on Sept 1 is lawyer Dilhan Pillay Sandrasegara.

He will assume the role of head of portfolio management as well as co-head of Singapore to support Mr Israel.— Singapore investment firm Temasek Holdings has moved to strengthen its management team and will have three presidents to support chief executive Ho Ching come Sept 1.

Good Post  Bad Post 
20-Aug-2010 15:52 User Research/Opinions   /   &&&&&&&& PROFITS & PHILANTHROPHY &&&&&&&&       Go to Message
x 0
x 0

The entrepreneur’s road to alternative energy

Richard Branson

 When I recently wrote that we need to invest more aggressively in alternative energy, I promptly got a number of emails from readers, including a series of searching questions from Dan Lubar of Colorado. First, Mr Lubar is concerned about the cost, both in time and resources, to transform our energy infrastructure to provide enough alternative energy to meet our needs. “Various transitions that are underway will take time and may in fact cost many times more than our current energy economy can bear during a long transition period,” he cautions.

SECRET OF THEIR SUCCESS

As an entrepreneur, I have often found that it is precisely when entrenched interests refuse to change that I have had an opportunity to make money by doing things differently.

While I’m a big proponent of both nuclear and geothermal energy, these technologies are generally the domain of entrenched interests, and those interests push them very hard.

The solar, wind, biomass and energy efficiency sectors are generally led by entrepreneurs — which is why they have been so successful in the past 10 years, raising more than US$150 billion in project finance this year alone.

The big global successes of the past 30 years, such as the mobile phone and the Internet, have been what the Austrian economist Joseph Schumpeter described as “destructive successes”.

The mobile phone has eclipsed the 100-year-old landline and put traditional telecom companies out of business in many markets.

The Internet has revolutionised some marketing, advertising and content companies, while forcing others into dire straits.

The same will happen in infrastructure.

The time frames we’re talking about are relatively short: In just 10 years, the solar and wind industries have gone from virtually a standing start to amassing US$150 billion a year in financing. In the energy transition, entrepreneurs and entrepreneurial CEOs will lead the way.

A decade ago, oil cost US$20 to US$30 per barrel.

Today the oil industry says it has to charge closer to US$40 per barrel just to break even, and the cost of oil has already reached more than US$80 a barrel following the

Meanwhile, almost 10 per cent of the petrol in the United States now comes from ethanol and, by law, all petrol sold in Brazil must contain 20 to 25 per cent of the fuel.

Next-generation biofuels promise cost effective production within three years.

Even if that turns out to be five years, if the price of oil continues to climb, it may become much more profitable for oil importing countries like Jamaica to grow crops like sweet sorghum to create its own biofuel, instead of purchasing fossil fuels overseas.

Why are people so reluctant to see thechanges going on around them?

Maybe this is why entrepreneurs are courted the world over: They see change coming before the mass market does, and in the process they’re able to create wealth for themselves and their supporters. Harnessing this talent will help us develop timely and cost effective ways to modernise infrastructure and transform the world’s energy supply.Deepwater Horizon spill.

© 2010 Richard Branson. Distributed by The New York Times Syndicate

The writer is the founder of the Virgin Group and companies such as Virgin Atlantic, Virgin America, Virgin Mobile and Virgin Active.

While I believe biofuels and biomass are two suitable energy sources to replace petroleum-based fuels, Mr Lubar worries these are the wrong choices. He asks if we can afford to build a second “fuel system” alongside the first and transition away from unsustainable fossil fuels. He suggests the two best bets are fusion and geothermal energy.

Mr Lubar also wonders what roles the private sector and the government should play in the switch — and whether this kind of transition to alternative energy is even possible, in the long run.

There can be no doubt that the world is facing a monumental decision. One hurdle is that infrastructure costs more to build today than it did 40 or 50 years ago. For instance, a new coal plant in the United States costs about US$4 million ($5.4 million) per megawatt to build today, compared with just US$1 million per megawatt 30 years ago.

But it is not quite correct that a whole second fuel system has to be built alongside the existing one. Many biofuels being developed now, such as alcohol fuels, can be blended with the current fuel offerings; others, called drop-in fuels, can simply be substituted for existing fuels. With either of those options, we can continue to use existing transportation and refuelling infrastructures, making only minor modifications over time.

The increasing cost of infrastructure is mainly due to rising energy costs, which make it more expensive to produce cement, steel and other building materials.

By comparison, the incremental costs of the changes I favour are quite small. As the oil industry performs routine maintenance, it can absorb the minor costs of updating its infrastructure to accommodate certain newer fuels. And in the case of drop-in fuels, no changes are necessary.

Good Post  Bad Post 
20-Aug-2010 15:33 User Research/Opinions   /   %%%% WORLD ECONOMIC SUMMIT %%%%       Go to Message
x 0
x 0


To eclipse the US by 2027, China must get busy

Will iam Pesek

Much  ink is being spilled over the meaning of China’s economy surpassing Japan’s.The Beijing Consensus.BLOOMBERG

The writer is a Bloomberg News columnist.  The opinions expressed are his own.

Even more important is what it doesn’t mean: Greater Chinese purchasing power, longer life spans, better health care and education, freedom of speech, assembly, religion and expression, safer roads, building standards, free elections, clean air and water or social harmony.

It’s great that China is growing 10 per cent. Just don’t get carried away about what this moment means. China faces the daunting task of getting per-capita income into the orbit of Japan’s, which is 10 times higher.

That’s what matters and we are a decade away from knowing how China will do.

China is altering the global economy, and not always for the better.

Two phenomena growing before our eyes are the spread of an authoritarian model and the dominance of the “Wal-Mart economy”, both of which represent a race to the bottom.

No, I’m not betting against China. Only the most cynical and short-sighted among us would want China to fail. A fifth of humanity enmeshed in crisis is in no one’s best interest.

China, though, must beat history. No economic giant has avoided a major crisis.

If China is to eclipse the US by 2027, as London-based economist Jim O’Neill of Goldman Sachs predicts, it must grow at today’s rates indefinitely. PricewaterhouseCoopers, the world’s largest professional-services organisation, says it will happen in 2020.

At the moment, China’s trajectory is anathema to what Adam Smith taught us about the nature of economic development.

“China legitimises a market-authoritarian example,” says Dr Stefan Halper, a senior fellow at Magdalene College in Cambridge, England, and the author of

With American-style capitalism in tatters and Europe unravelling, developing nations are clamouring for new role models. Countries from Angola to Myanmar to Venezuela see China’s state-directed capitalism combined with authoritarian rule as a better path than liberalisation and democracy.

How you create thriving markets over time without transparency and a free press is beyond me. Wall Street took things too far and acted shamefully thanks to too little oversight. China has the opposite problem.

There’s a reason investors question China’s data. The country somehow comes up with a single figure in a structurally-imbalanced system of 1 billion-plus people at very different levels of development, a healthy gray economy and local governments whose budgets rely on reporting rapid growth.

With modest resources, officials settle on one number purporting to capture the daily activities of the nation — almost always within the range of expectations of economists from Shanghai to New York. Try explaining that.

The spread of the “Wal-Mart economy”, an ever-growing effort to mass-produce at the cheapest cost, also bears watching. China’s reluctance to let the yuan strengthen underlines the primacy of its exports. As China grows, so does the scope and efficiency of this trade machine. That would be fine if output were translating into rapid increases in domestic consumption. It’s not.

There have been rays of hope on that front, such as demands for higher wages among factory workers. There are limits, though, to how much the government will allow income to skyrocket, lest it fuels inflation or reduces competitiveness. Chinese, like Germans, will continue to produce more than they consume. Companies are reinvesting much of what they earn in increasing capacity, upgrading the machine.

News reports that China is now the biggest market for cars and cell phones and that LVMH Moet Hennessy Louis Vuitton SA is making a beeline there are deceiving. They suggest vast pockets of consumers can afford such goods. They can’t. China’s purchasing power is growing slower than its ability to undercut all competitors in the production of goods and services.

As China becomes better at churning things out cheaply, other developing nations will be at a loss. Until recently, Asian countries like Indonesia and the Philippines were ecstatic about China’s growth. Now they see it’s more of a zero-sum game than they anticipated. Expect this dynamic to grow with China’s size. This is a budding, but major, geopolitical issue.

China may regret passing Japan.

More will now be asked of its leaders on climate change, North Korea, energy deals that support dodgy regimes, and even human rights.

Size matters less than quality of growth.

China, for example, surpassed Japan in trademark patent filings last year. Further progress here means China may well be home to the next Silicon Valley. That is, if the nation’s stateeconomy model doesn’t smother innovation.

The entrepreneurial potential is a key reason investors are bullish on China.

Japanese are doing lots of soul-searching this week, wondering why they became No 3. Here’s why: In China, you have 1.3 billion people working hard to circumvent government regulations so they can make a quick yuan.

Japan has 126 million complaining about how the government isn’t fixing their lives. Whatever happens, China has some work to do before it can topple the US from the top slot.

Good Post  Bad Post 
20-Aug-2010 15:20 Genting Sing   /   GenSp starts to move up again       Go to Message
x 0
x 0
GENTING  MACAU  ?

pharoah88      ( Date: 20-Aug-2010 14:00) Posted:

Friday, 13 August 2010

Hong Kong share issue for Genting Singapore?



Will Genting Singapore (GENS), the unit that holds Genting's interest in Resorts World Sentosa (RWS), do a secondary share issue soon, as rumoured in Singapore's financial markets?


And could such a secondary share issue be done in Hong Kong rather than on the Singapore bourse?

The assumption behind those questions is that any share issue by GENS would be based upon the asset of RWS. That assumption may be erroneous, as we've seen already with Wynn Macau's listing in Hong Kong, where the bulk of the cash supported the core operation in Las Vegas.

In GEN's case The Genting parent already has investments in other parts of Asia, namely via Star Cruises (Genting Hong Kong) and a 50 percent joint venture holding by Star Cruises in a casino operation at Resorts World Manila in the Philippines.

Why shouldn't Genting take the strategy one step further and get its Singapore unit to invest in assets in another major neighbouring market such as Macau? GENS has had a Hong Kong investment company set up and ready to go since July last year.

That month Genting International PLC (now GENS) announced that it had incorporated Genting Singapore (HK) Limited (GSHK) as its new wholly owned subsidiary in Hong Kong. The principal activities of GSHK were listed at that time as investment, marketing and promotion.

So what would be the point of GENS raising money in Hong Kong? One possibility is that cash raised in Hong Kong by the GENS subsidiary could be used to buy direct stakes in Macau casino operators. Investment in Macau would make sense because of the regional and cultural fit. It certainly makes more sense than GENS having holdings in UK casinos–an historical anomaly and an investment recently sold to the Genting parent.

In theory anyone investing in this GENS Hong Kong vehicle would also gain exposure to RWS in Singapore, and that takes us back to the dilution issue. If RWS investors had wanted exposure to other markets, they would have put their money into the Malaysian parent Genting Group, not into GENS, goes the thinking.

Concern about dilution of existing shareholders was given as one reason why GENS' share price fell 3.1% at the beginning of August. The movement was interpreted by some analysts as stimulated by a sell off due to profit taking while the going was good.

But given that the Macau gaming market has been growing by at least 35 percent this year (when adjustments are made for local market anomalies) it's unlikely many core RWS investors would be complaining.

Purchases by a Singapore company of stakes in Macau gaming operators–provided they are minority stakes–are unlikely to cause any regulatory difficulties for the Macau government. Whether the Singapore government will be as open-minded about GENS possibly buying into Macau, with the latter's exposure to junket operators, is another question.

Even if the aim of a Hong Kong listing were simply to raise cash for the core operation at RWS, it would face less investor resistance in the Hong Kong market than a secondary issue in Singapore. A Hong Kong listing could tap into the latent demand for gaming stocks in that market stimulated by the aggressive growth of Macau.

An alternative GENS cash-raising route–selling off existing shares in its Singapore entity to outside investors–faces significant hurdles in the Lion City. Singapore's Casino Control Act 2006 says any operator wishing to sell more than five percent of its voting shares must seek the express permission of the government. That's in order to ensure that the party or parties that own the casino operator don't change part way through the ten-year licence period.

Given that the timing on Hong Kong listings is determined by the local regulator, it seems doubtful that GENS would be able to get to market with any share offer ahead of MGM International's Initial Public Offering, expected later this year.

Reports of some kind of secondary share issue by GENS must be taken seriously, given that they came from CIMB Singapore, a company that acted as joint financial adviser and joint lead managers for GENS' first rights issue announced in September last year. That raised SD1.63 billion (USD1.14 billion).

http://www.asgam.com/component/k2/item/346-hong-kong-share-issue-for-genting-singapore?.html

Good Post  Bad Post 
20-Aug-2010 14:43 User Research/Opinions   /   ~~~~ CORPORATE GOVERNANCE ~~~~       Go to Message
x 0
x 0

CAD steps into Profitable case

SINGAPORE

The Commercial Affairs Department (CAD) investigations are said to have followed numerous complaints against the six-year-old land-banking company, which promises exceptionally high returns of between 12.5 per cent and 900 per cent on investments ranging from real estate in England, to fuel products and art.

Land-banking is the practice of speculating on land in the hope that it could be developed for residential housing or commercial purposes.

Not all CAD probes unveil wrongdoing.

A police spokesman said in an email reply:

“It is inappropriate to comment on police investigations, if any.”

This newspaper’s efforts to reach the company’s management by phone and by an email address provided on the company’s website were unsuccessful.

When MediaCorp visited yesterday afternoon, the company’s Stanley Street office was closed.

There were no signs that the office workers had packed up the place. Neighbouring tenants could not recall when the office last opened for business.

A couple of months ago, more than 50 disgruntled investors turned up at the Speakers’ Corner to vent their anger at the group following failed efforts to get their money back upon maturity of their investments.

Another dozen or so confronted operations director John Nordmann at the group’s office, which boasts a staff strength of about 100.

These investors were said to have invested between $3,000 and $200,000 in various products.

— In May, the Profitable Group was placed on the Monetary Authority of Singapore’s (MAS) Investor Alert List. Now, Today understands that white-collar crime busters have stepped in and begun a probe into its dealings.Conrad Raj and Teo Xuanwei

Good Post  Bad Post 
First   < Newer   8161-8180 of 13894   Older>   Last  



ShareJunction Version: 27 Nov 2020 ver - All Rights Reserved. Copyright ShareJunction Pte. Ltd. Disclaimer: All prices from are delayed. ShareJunction does not provide you with any financial advice. We are not into the business of providing any investment advice. See our Terms and Conditions and Privacy Policy of using this website. Data is delayed for varying periods of time depending on the exchange, but for at least 15 minutes. Copyright © SIX Financial Information Ltd. and its licensors. All Rights reserved. Further distribution and use by third parties prohibited. SIX Financial Information and its licensors make no warranty for information displayed and accept no liability for data and prices. SIX Financial Information reserves the right to adapt and/or alter this website at any time without prior notice.

Web design by FoundationFlux. Hosted with Signetique Cloud.