Latest Posts By pharoah88
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| 17-Aug-2010 09:15 |
Genting Sing
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GenSp starts to move up again
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JUST ONLY 1st Of PHASES FOREIGN FUNDS NOT YET IN |
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| 17-Aug-2010 09:11 |
Genting Sing
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GenSp starts to move up again
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CONGRATULATIONS! EXCELLENT JUDGEMENT
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| 17-Aug-2010 08:57 |
Genting Sing
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GenSp starts to move up again
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Due tO Its STRATEGIC LOCATION GENTING SINGAPORE wIll be GENTING WORLDS' FLAGSHIP WORLD RESORTS |
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| 17-Aug-2010 08:52 |
Genting Sing
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GenSp starts to move up again
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SINGAPORE PROPERTY VALUATION 10 TIMES MALAYSIAN PROPERTY VALUATION GENTING MALAYSIA PRICE RM2.820 GENTING SINGAPORE PRICE RM2.820 x 10 = RM28.20 RM28.20 / RM2.331 = S$12.0978 S$12.10 SINGAPORE World No. 1 VALUATION INFLATION MILESTONE: pOOr man's HDB flat cost S$1 Million |
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| 17-Aug-2010 08:39 |
Genting Sing
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GenSp starts to move up again
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3rd WHITE CANDLE TODAY
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| 17-Aug-2010 08:35 |
Informatics
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Road to recovery in next 1-2 years
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Latest result is a LOSS A TURNAROUND STRATEGY is nEEdEd
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| 16-Aug-2010 22:12 |
PacShipTr US$
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PST
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Rickmers to distribute DPU for Q2 Mainboard-listed business trust Rickmers Maritime says it will distribute US $0.57 ($0.77) per unit (DPU) for its second quarter ended June 30 — 5 per cent lower than the same period a year ago. The trust’s income available for distribution also fell 9 per cent to US $17.79 million from US $19.63 million in the previous year. Likewise, charter revenue for second quarter fell from US $37.55 million to US $36.40 million on-year. Rickmers said that even as the container market continues to recover, prevailing uncertainties like the Eurozone could trigger the introduction of tough austerity measures. |
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| 16-Aug-2010 22:05 |
Healthway Med
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healthway, healthy?
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Healthway Medical to expand in China SINGAPORE The group also intends to introduce its medical services to other major cities in China. Healthway Medical said it will be investing 38 million yuan ($7.6 million) to operate and manage medical facilities in Shanghai and Hangzhou. Meanwhile, the group reported that its second quarter net profit declined 97 per cent to $121,000 from $4.3 million a year. This is on the back of lower revenue compared to last year. Last year, Singapore saw the height of the H1N1 epidemic, which had boosted Healthway Medical’s bottomline. Group revenue for the three-month period ended June dipped 12.3 per cent to $21.4 million from $24.5 million in the same period last year. Its income was further impacted by expected lower patient load for its new centres in Singapore. “While many new centres and specialists are in the ramping-up phase, which has resulted in lower earnings, they are now showing month-on-month improvement,” said the company’s managing director, Dr Wong Weng Hong. Going forward, Healthway Medical said it is fully focused on growing its revenues and managing costs. Healthway’s shares dipped 0.5 cents to close at 18 cents on Friday.
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| 16-Aug-2010 21:56 |
Others
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TRADE FREELY & LiVE LONGER
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Online ‘sextortion’ of teens on the rise INDIANAPOLIS A week later, one of the girls, a 17-year-old from Indiana, started getting threatening emails. A stranger said he had captured her image on the webcam and would post the pictures to her MySpace friends unless she posed for more explicit pictures and videos for him. On at least two occasions, the teenager did what her blackmailer demanded. Finally, the teenager’s mother found out about the threats and informed the authorities, which later indicted a 19-yearold Maryland man in June on charges of sexual exploitation. Federal prosecutors and child safety advocates say they are seeing an upswing in such cases of online sexual extortion. They say teens who text nude mobile phone photographs of themselves or show off their bodies on the Internet are being contacted by pornographers who threaten to expose their behaviour to friends and family unless they pose for more explicit porn — creating a vicious circle of exploitation. One federal affidavit includes a special term for the crime: “Sextortion”. No one currently tracks the number of cases involving online sexual extortion in state and federal courts, but prosecutors and others point toward several recent high-profile examples across a dozen states. A 31-year-old California man was arrested in June on extortion charges after the authorities said he hacked into more than 200 computers and threatened to expose nude photos he found unless their owners posed for more sexually explicit videos. Some 44 of the victims were juveniles, the authorities said. The case and other incidents have prompted law enforcement officials and advocates to caution teens about their activities. A nude photo sent to a boyfriend’s mobile phone can easily be circulated through mobile phone contacts and wind up on websites that post “sexting” photos. “Kids are putting their head in the lion’s mouth every time they do this,” said Mr Parry Aftab, an attorney and online child safety advocate. Teens can be more vulnerable to blackmail because they are easy to intimidate and embarrassed to seek help, said Mr Steve DeBrota, an assistant United States attorney in Indianapolis. “You are blackmailable,” said Mr Aftab, “ ... and you will do anything to keep those pictures from getting out.” In the Indiana case, the computer’s owner, Trevor Shea, told agents he had engaged in similar schemes with about 10 girls, most of them 17 or 18 years old, according to court documents. His trial is set for Aug 30. He has pleaded not guilty and his attorney, Mr Michael Donahoe, said he is working on a possible settlement. — The nightmare began with a party: Three teenage girls with a webcam, visiting an Internet chatroom and yielding to requests to flash their breasts.AP
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| 16-Aug-2010 21:50 |
Others
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TRADE FREELY & LiVE LONGER
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Online ‘sextortion’ of teens on the rise Teens who text nude mobile phone photographs of themselves or show off their bodies on the Internet are being contacted by pornographers who threaten to expose their behaviour to friends and family unless they pose for more explicit porn — creating a vicious circle of exploitation.
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| 16-Aug-2010 21:35 |
Others
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TRADE FREELY & LiVE LONGER
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How greed begets hunger Crop shortages alone aren’t behind global food crises, speculators have been pushing prices up Afua Hirsch T It is just two years since the last such crisis. A spike in the price of agricultural commodities in 2007 to 2008 caused panic from Italy to Haiti, drawing sharp attention to a deeper malfunctioning in the world’s food markets. This malfunctioning is creating disasters of an unfamiliar nature in the poorest countries. Niger, for example, a fragile west African nation, is experiencing its worst food crisis in years, but is not actually short of food. Mounds of cereals are piled high on market stalls — they are simply too expensive to afford. The obvious explanation for the high price of food in Niger is a crisis of production. Like the wheat-producing countries currently at the centre of world attention, a harvest was destroyed by extreme weather. But the rise in price has been accompanied by a rise in another phenomenon — speculation in commodity markets. Derivatives packaging products such as wheat and maize have created massive profits for speculators with no interest whatsoever in the underlying physical commodities. The number of derivative contracts in commodities increased by more than 500 per cent between 2002 and 2008, a process that accelerated at the end of the last decade, when the collapsing United States mortgage market and global recession were followed by a huge spike in food prices. There is clearly a causative link between these two phenomena. But clear battlelines have emerged in the argument over which way the arrow points. Investors claim the market’s profitability is based on existing supply-side fluctuations in the price of food. On some estimates, food production in the next three decades will need to rise by more than 70 per cent above current levels to cope with the demands of a larger, more urbanised and more affluent global population. Meanwhile, biofuels, erratic harvests and climate change have limited the potential for an increase in supply. But others claim that the speculation itself has been a cause of volatility in the commodity market. The anti-poverty group World Development Movement, whose recent report singles out the investment bank Goldman Sachs as last year making more than US$5 billion ($6.8 billion) in profits from commodity trading, describes the practice as “dangerous, immoral and indefensible”. “Silent mass murder” is the phrase used by the former United Nations special rapporteur on the RIGHT to food, Mr Jean Ziegler. The European single market commissioner, Mr Michel Barnier, speaking at the European Parliament earlier this year, described the fact that a billion people worldwide were suffering from food insecurity while others profited by speculating on agricultural raw materials as “scandalous”. The UN’s human rights council advisory committee has recognised the effect of price volatility in poor countries and recommended a series of measures, including re-establishing international buffer stocks to stabilise prices, greater controls over agricultural subsidies for developed states, limits on the use of bioenergy technologies that use staple foods, and further scrutiny of international trade agreements. Campaigners’ demands are not without precedent. The Wall Street reform legislation recently enacted in the US demands greater regulation in derivatives trading, and will increase the transparency of commodity speculation. The obscurity of the UK’s market is hard to deny; Liff, the London futures exchange, has promised to publish a breakdown of investors in the commodities market — not least after the controversy surrounding Mr Anthony Ward and his firm Armajaro, which last month cornered the cocoa market, buying up 7 per cent of all annual world production. Cocoa prices responded with a 0.7 per cent rise and are now at their highest level since 1977. In Ghana there remain endemic levels of poverty in cocoa-farming communities. The injustice of the commodities market is that while a fall in price can topple an economy, as it did for a number of countries in post-independence west Africa, a rise benefits those outside the zone of production — an army of speculators and investors based in London and New York. Either way, small-scale developing world producers lose. And when high food prices combine with crop failures, forcing poor farmers to buy staples for their own consumption at market prices, then the issues become concentrated around one stark reality. Hunger. he heatwave, forest fires and drought in Russia and central Asia may be unprecedented in recent times. But there is something familiar about the ensuing food crisis, as the price of wheat remains 50 per cent higher than just six weeks ago. Guardian News and MediaThe writer is The Guardian’s legal affairs correspondent. |
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| 16-Aug-2010 21:10 |
SMRT
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SMRT
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Comment today Monday August 16, 2010 12
In a muddle over fare changes conrad raj
People were promised cheaper fares as the transfer penalty was to be eliminated.
Alas, the reality when the scheme kicked in in July was a disappointment as quite a few, including many senior citizens, had to cough up more.
What was even more disappointing was that the fare system became even more complex and there appeared to be a lack of clarity in its computation. As a result, complaints to the media of overcharging poured in.
Simple logic would have it that if the transfer penalty was removed, then the new fares should be lower than the previous cost of the same journey. Even if they had remained the same as before, few would have complained.
Indeed, the Public Transport Council’s (PTC) assurance was that over 60 per cent of commuters would save 48 cents a week or see no change in their weekly public transport expenditure.
A number of commuters, however, worked out the extra they had to pay on specific trips to the last cent (albeit with the help of the fare calculator provided by the authorities), and aired their disappointment to the media.
Second Minister for Transport Lim Hwee Hwa urged people to examine their overall travel pattern instead of complaining about the extra charges.
She called on them to take the longer-term view as more MRT lines were being built and bus routes amended to provide more choices and flexibility.
“In due course, with more choices to come, I’m sure they will benefit as well,” she said.
But why charge more before the new services are introduced?
Why do I have to pay extra now for promises of the future?
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The Land Transport Authority admitted to more than a dozen discrepancies in distance-based fares after checks were done with the public transport operators. This includes commuters on the Circle Line and the North East Line.
The errors were rectified by the end of last month. But surely with the resources at hand, that many mistakes should not have happened.
The PTC has now disclosed that travelling time — and not just distance — is also used to charge train commuters under Singapore’s distance-based fares system.
“The general fare-setting principle forMRT lines is to charge for the distance travelled based on the fastest route.
This takes into account the walking and waiting time required if a switch to another rail line is involved,” it said.
So isn’t the name “distance-based fares” an anomaly?
Why call it distance-based when that is not really the case?
And I was almost flummoxed when Government Parliamentary Committee (Transport) chairman Lim Wee Kiak described the distance-based fare system as “equitable”.
According to my Collins Cobuild English Language Dictionary: “Something that is equitable is fair and reasonable in a way that gives equal treatment to everyone.”
How can distance-based fares as it is structured now be “equitable”, when 33 per cent of public transport users end up paying what seems to me to be “inequitably” more?
(These, the PTC had earlier explained, are commuters who make hardly any or no transfers at all.)
And why do our fare systems — not only bus and MRT fares but also taxi fares — have to be so complex that you probably need a degree to understand them?
Can’t they be made simpler?
Perhaps our transport system, largely run by two listed companies — ComfortDelgro (which also includes listed SBS Transit and a couple of unlisted taxi companies) and SMRT — is serving too many sets of stakeholders currently, all with conflicting interests.
While its customers want the lowest fare possible, its other stakeholders, staff and shareholders will want the highest returns possible in terms of remuneration and dividends.
It may be time to relook things to serve the travelling public even better.
Perhaps that could be done through a statutory board that is not motivated by profits — although that doesn’t mean it has to suffer losses — in providing Singapore with a world-class transport system. |
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| 16-Aug-2010 20:36 |
User Research/Opinions
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MAY BANK initiates GROWTH ERA tOday
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GOLDEN TIGER |
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| 16-Aug-2010 20:34 |
Genting HK USD
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Genting HK US$
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GENTING |
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| 16-Aug-2010 20:32 |
Genting Sing
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GenSp starts to move up again
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GENTING PASSION |
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| 16-Aug-2010 20:21 |
User Research/Opinions
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MAY BANK initiates GROWTH ERA tOday
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RM9.66 |
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| 16-Aug-2010 20:18 |
User Research/Opinions
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MAY BANK initiates GROWTH ERA tOday
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Monday: 16th AUGUST 2010 CLOSING 11,251,000 [5,901,000 BOUGHT frOm SELLER] RM7.940 +RM0.220 Day Hi RM8.000 +RM0.280 Day Lo RM7.720 RM7.740 317,500 BOUGHT frOm SELLER RM7.750 478,600 BOUGHT frOm SELLER RM7.760 356,000 BOUGHT frOm SELLER RM7.850 689,000 BOUGHT frOm SELLER RM7.900 321,000 BOUGHT frOm SELLER RM7.940 1,056,200 BOUGHT frOm SELLER RM7.950 446,100 BOUGHT frOm SELLER RM7.990 248,000 BOUGHT frOm SELLER 15:22:30 RM7.850 433,500 BOUGHT frOm SELLER 15:24:02 RM7.900 150,300 BOUGHT frOm SELLER |
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| 16-Aug-2010 19:52 |
GentingSMBeCW120402
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J2UW Genting SP Covered Warrant Expirty 2 Apr 2012
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Intraday Chart  |
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| 16-Aug-2010 19:08 |
Genting Sing
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GenSp starts to move up again
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W O W
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| 16-Aug-2010 19:05 |
Genting Sing
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GenSp starts to move up again
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GENTING is RENOWNED for FENG SUI hOwever, GEOMANCY may nOt wOrk in UK Only XO iN ASIA
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