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elfinchilde
    21-Jul-2008 17:36  
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perhaps i can add in one little fact here, which most singaporeans are unaware of.

The elite of the govt service are the people in the Administrative Service.

These people, who are in charge of our money and our future, and who are in charge of our CPF money, are not on the CPF scheme like the rest of singaporeans.

They are on the pension scheme.  

So really, you think they'll lose sleep over a couple of billions lost on UBS, merril etc? It's not their money.
 
 
teeth53
    20-Jul-2008 21:14  
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Fallen on deaf ear....19-Mar-2008 Straits Times Index / STI to cross 3000 boosted by long-term investors (Cut n paste from SJ Forum).

Third Phase..Credit cruching, expecting to see a few more Sub-Prime woes victims.

I am very patience, awaiting for those news.....
 
 
teeth53
    20-Jul-2008 21:04  
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 "Yue Lao Yue Hoo Tu" afraid old cannot see, so i enlarge it size. If not our $60,000 (CPF) for every citizen is solve liao, those extra $$$ can still got time to invest into angmo bank (UBS + Merrill + Citi + Barclays + Stanchart + Shin Corp), if not, one less headache for Tharmen "Bu Yao Hai Wo"



teeth53      ( Date: 20-Jul-2008 20:29) Posted:

Get a GURU...to made them less trouble in their mind...Relax lorr..., been too expert knowing get themself into trouble, so look to our cpf got less return liao and oso we has to work O/T till beyond 65 for those losses they made on so call...their very talented ppl's and very no ordinary ppl's who is constantly monitering those invested angmo bank and insitiutional stocks. likely they still happily enjoying sleeping along.....ZZzzzzzz, knowingly they has jump in on 1st opportunity. I see d grp investment chief officer doing explaination on B half of.......U and i joyly knew who make decision.

jackjames      ( Date: 10-Jul-2008 09:25) Posted:

sometimes, expert knowing, and reading too much might affect their "common-sense" decisions.


 

 
teeth53
    20-Jul-2008 20:29  
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Get a GURU...to made them less trouble in their mind...Relax lorr..., been too expert knowing get themself into trouble, so look to our cpf got less return liao and oso we has to work O/T till beyond 65 for those losses they made on so call...their very talented ppl's and very no ordinary ppl's who is constantly monitering those invested angmo bank and insitiutional stocks. likely they still happily enjoying sleeping along.....ZZzzzzzz, knowingly they has jump in on 1st opportunity. I see d grp investment chief officer doing explaination on B half of.......U and i joyly knew who make decision.

jackjames      ( Date: 10-Jul-2008 09:25) Posted:

sometimes, expert knowing, and reading too much might affect their "common-sense" decisions.

 
 
teeth53
    19-Jul-2008 20:51  
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Isit so......economiy wise, can still make a come back, politcal wise it is a costly affair, pure mis- judgement. Look wise...Ya grand look the way they wear and act, action wise very brunt, very ordinary, may be worst off. I oso agree they are not ordinary ppl's, the way they seek to inprove on their return on yield "Yue Lao Yue Hoo Tu"

Farmer      ( Date: 19-Jul-2008 18:41) Posted:



Those fellows sitting on GIC/TMK board are not ordinary people like u & me. They made decisions base on many factors including the political one. They will also seek their consultant's advise which maybe correct at that point of time BUT....what's happening now???

Ultimately, no one can say whether their decision is R or W at this moment, only history will decide and I believe I will live long enough to read this piece of important history in modern Sgp. Cheers!



 
 
teeth53
    19-Jul-2008 20:39  
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Not enuff info to......., maybe this one will do.....Does it sound familiar?.

 

 

19-Mar-2008 23:24

 

Others   /   Is it true GIC loss $6billion on UBS investment?      4Go to Message

 

 

Any two more power stn enuff to cover more losses, few billions more nei nei,

 



teeth53      ( Date: 19-Jul-2008 19:35) Posted:

Temasek is selling Senoko Power for $3bil, wondering those $$$ is not enuff to cover more investment losses......we be ask to work longer liao, beyong 62 - 65 range.....LKY also mentioned or worry in 5 -10 year, more $$$ will be sq off by the.......oop. Now we are in situation where lost is beyond their expectation and will last longer then expected. 

'incredible' returns of 25% pa or more, Asset tranfer isit based on market rate or one dollar. it will take us for next generation to work out those figure as stated GIC will not show thier P&L, while Temasek's is trying to be more responsive. Still both came from the almost d same stable, same tot.



elfinchilde      ( Date: 19-Jul-2008 16:23) Posted:



how will they return more? ha. simple what. they're using OUR money, the people's money. Just lower CPF annual return rates lor. after all, they got the right to do it what.

meanwhile, if you guys have ever read the fine print: Temasek's 'incredible' returns of 25% pa or more, is because the govt has been giving them money (from where else but the people) yoy as well. ie, we'll never know what their true returns are. could be loss for all you know.


 

 
teeth53
    19-Jul-2008 20:23  
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As far back as in Aug, 2007. Warning, more warning. Warning has fallen into deaf ear, it's been ignore by ppl's from GIC/Temasek's decision maker.  

Recession is merely been delay and prolong. The truth is still not out yet.

Memories is short...playing into our sub-conscious mind. scary Red, red roses @-}-}---
1st credit issue
, then credit squeeze , next credit crunches , what next ? , credit melt....... Cash is king....Hmm


09-Sep-2007 ST Index /STI to cross 3000 boosted by long-term investors
A note to recall.....Smiley is not over yet...Smiley
26-Aug-2007 
  and pushing further US to test. Sell into strength...Sub-prime woes is spreading into US housing woes payment scheme, cutting deeper into US economy and nudging  it recession as FED ponder on how to save...this credit crunches from melting away. (Setting stage 3 into turmmoil). For a start FED cuts discount rate on loan to banks. What next...? is confirmed FED help two (2) big banks.Smiley


Posted:20Aug2007
  lower interest rate and so on....to ride out over this dark cloud hanging all over this world is trying to bufff & trying to ensure ppl's all over that this storm will blow over.come on, of course we will, not before riding into stage 3.
We are facing at the word, confident right in our face and in our sub-conscious mind. scarySmiley
1st credit issueSmiley, then credit squeezeSmiley, next credit crunchesSmiley, what next ?Smiley, credit melt.......Smiley
Cash is king....HmmSmiley

 
 
teeth53
    19-Jul-2008 19:35  
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Temasek is selling Senoko Power for $3bil, wondering those $$$ is not enuff to cover more investment losses......we be ask to work longer liao, beyong 62 - 65 range.....LKY also mentioned or worry in 5 -10 year, more $$$ will be sq off by the.......oop. Now we are in situation where lost is beyond their expectation and will last longer then expected. 

'incredible' returns of 25% pa or more, Asset tranfer isit based on market rate or one dollar. it will take us for next generation to work out those figure as stated GIC will not show thier P&L, while Temasek's is trying to be more responsive. Still both came from the almost d same stable, same tot.



elfinchilde      ( Date: 19-Jul-2008 16:23) Posted:



how will they return more? ha. simple what. they're using OUR money, the people's money. Just lower CPF annual return rates lor. after all, they got the right to do it what.

meanwhile, if you guys have ever read the fine print: Temasek's 'incredible' returns of 25% pa or more, is because the govt has been giving them money (from where else but the people) yoy as well. ie, we'll never know what their true returns are. could be loss for all you know.

 
 
teeth53
    19-Jul-2008 19:21  
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They will also seek their consultant's advise (isn't one is been hotly sort after by world important ppl's for their economical knowledge, isit also consultant's been paid with million of $$$).

which maybe correct at that point of time BUT....what's happening now??? (teeth53: ask isit d not so blind leading d not so blind...?.)

What make them made such decision that is right or wrong, (A matter of timing is very important) at that point in time...?. to invest, dated....see below 

http://news.asiaone.com/News/Latest%2BNews/Business/Story/A1Story20080421-60960.html

'The financial contagion has now spread beyond US shores'

teeth53: IF THIS DON'T MAKE THEM UNDERSTAND..I REALLY DON"T KNOW WHAT and WHY. 

GIC says global recession, crisis likely

As far back as March 2008. (When news break....)
Posted: 20-Mar-2008 09:51  
what i think is what make them jump into is so fast...isit we are sooo rich?, isit kiaso..? and why..? we do have all the opportunties to NEG now and later. it is very, very easy to get in and not easy to find another buyer to take over those $14Bil in case of UBS ( if i am wrong, pls high light me) thk.


Farmer      ( Date: 19-Jul-2008 18:41) Posted:



Those fellows sitting on GIC/TMK board are not ordinary people like u & me. They made decisions base on many factors including the political one. They will also seek their consultant's advise which maybe correct at that point of time BUT....what's happening now???

Ultimately, no one can say whether their decision is R or W at this moment, only history will decide and I believe I will live long enough to read this piece of important history in modern Sgp. Cheers!



 
 
Farmer
    19-Jul-2008 18:41  
Contact    Quote!


Those fellows sitting on GIC/TMK board are not ordinary people like u & me. They made decisions base on many factors including the political one. They will also seek their consultant's advise which maybe correct at that point of time BUT....what's happening now???

Ultimately, no one can say whether their decision is R or W at this moment, only history will decide and I believe I will live long enough to read this piece of important history in modern Sgp. Cheers!


 

 
elfinchilde
    19-Jul-2008 16:23  
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how will they return more? ha. simple what. they're using OUR money, the people's money. Just lower CPF annual return rates lor. after all, they got the right to do it what.

meanwhile, if you guys have ever read the fine print: Temasek's 'incredible' returns of 25% pa or more, is because the govt has been giving them money (from where else but the people) yoy as well. ie, we'll never know what their true returns are. could be loss for all you know.
 
 
teeth53
    19-Jul-2008 15:07  
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It take not from their big chief, but from a senior exes staff to take on those things, explanation...huh "sibo" (typically credit i take and non credit is for u). (Don't they realize all those deciding on investment has been make based on not telling us the truth from d Angmo bank). Think again will they 1 2 give us space to protect us 1st or their backside 1st..?. Once $$$ is given away for so called investment on long, long term. We r not in control lehh. Can Mr Ng info those big chief.

teeth53 just sharing my tot and experience (Man from d street).

Yet today July 19, 2008. (Straits Times Sat-Money page) back page  headline said

Downturn will last longer than tech slump....that burst in year 2000. Noted by a senior exes of GIC Staff. Group Chief Investment Officer. Mr Ng Kok Song has come out to said the situation is more challenging than before... and that policymakers face a more complicated task in responding to this current crises. (Sub-prime credit crises woes),



teeth53      ( Date: 10-Jul-2008 08:32) Posted:

Since APRIL 2008. I long OREDI reminded them that THIS IS A MISTAKE TO JUMP IN ON 1ST OPPORTUNITIES TO BUY>>>>AFTER ALL reminder, STILL NEED REMINDER after REMINDER...

THINK..Angmo WILL PROTECT US 1ST OR PROTECT THEIR BACKSIDE 1ST...?

IF ANYTHING happened..LOOK for Ah Kong 1st...AH KONG GOT plenty of $$$. Then We have to go look for Grand Ah Kong from our China Bro for more $$$...isit?.



teeth53      ( Date: 10-Jul-2008 08:17) Posted:

Hope to serve yet another reminder STILL HAVE NOT WAKE UP HUH..!!!  If not for losses...S$75,000 for each CPF a/c liao.

'The financial contagion has now spread beyond US shores'

IF THIS DON'T MAKE THEM UNDERSTAND..I REALLY DON"T KNOW WHAT and WHY. 

GIC says global recession, crisis likely

THEY ARE DO SUCH THING as so EAGERLY JUMPING INTO 1st OPPORTUNITIES, TELLING US AGAIN and AGAIN, YA...THIS X TELLING US in ChannelNewsAsia (CNA)..from our Biggest Boss.

27-Apr-2008 10:03 Others   /   Is it true GIC loss $6billion on UBS investment?      4Go to Message
x 0
x 0
Just to serve as a reminder to those big boys earning multi million of dollars and here we are daily making end need to feed ever rising cost of living....some real serious thinking needed here.
SundayTimes April 27,2008 Page 28 Think. Highlighted Termasek holding and GIC.
Wise buy by GIC and Temasek..??? What do you make of Temasek and GIC invesments ? by graceng@sph.com.sg
My very own personnel opinion only. It is true, they has lost short term....10% - 20 % lost in billion (term) mean a 10% - 20% more money to be fork out from our pocket.

Can U see what a nomal down to earth fellow here see...I am very concern about how they go about investing our hard earn money.

teeth53 Posted: 30-Mar-2008 22:12        *  Quote this Post!
  Just for info sharing......Isit another round coming for Teamsek / GIC?, as i said is too early.
teeth53 Posted: 20-Mar-2008 09:57    
  Read into China reserve, they got trillion and they are taking their sweet time...they are reading that they will be plenty to come.....this one to two years, so be ready for this volatile world.
teeth53 Posted: 20-Mar-2008 09:51  
what i think is what make them jump into is so fast...isit we are sooo rich, isit kiaso and why do we have all the opportunties to NEG now and later. it is very, very to get in and not easy to find another buyer to take over those 14B in case of UBS ( if i am wrong, pls high light me) thk


GIC previously said it has not yet decided whether to participate in UBS's subsequent 15 billion franc rights issue. Dr Tan said that GIC had entered the market turmoil well prepared after it had taken a more conservative stance in its investment portfolio by selling stocks in the third quarter and holding more cash.

GIC says global recession, crisis likely
'The financial contagion has now spread beyond US shores': Dr Tony Tan. -Reuters
 


 
 
teeth53
    16-Jul-2008 18:43  
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Market is about rite for bargain hunters with deep pocket, not from those so call long term investment bosses. buying into opportunities and selling into strength. 

teeth53      ( Date: 10-Jul-2008 09:38) Posted:

July 19,2008. (Thurs). A quick look into Straits Times page H-18 money page mentioned

HUGE CHINA FUND expected to start buying stocks soon....SEE WHAT I MEAN.

China Investment Corporation (CIC)would choose overseas managers to help it buy several categories of stocks, including global equities, emerging markets and Asian stocks, ex-Japan, as well as shares of leading foreign industries players, is in fee and contract NEGOTIATION with potential managers saying as much as USS90 Billion (S$122.6 Bil) from d fund's initial allocation of US$200 billion. (CIC). A source told Reuters



teeth53      ( Date: 10-Jul-2008 09:02) Posted:

They has got plenty of talented ppl's up there..so called very talented, very, very talented, ppl's like me is SO ordinary layman, don't even know those $$$ and finance matter can see, they cannot see and read, so i have to put up those bigger wording lor...I think they are blind by 1st oppunities (left eye is partly..bluur and d right eye is = as bluur). As mentioned JIM is so near yet so far, yet he is oredi half a S'porean. Just a HP call away to find out how is d market for d next fews monthe or next year.

Bid is as bad as this year with oil. and next food problems coming.....Still they is a few bright spot moving into year end for bargain hunters.

This is just d beginning to bargain hunt for retailers & even for those BBs sitting in GIC and Temaseks board.



 
 
teeth53
    10-Jul-2008 09:38  
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July 19,2008. (Thurs). A quick look into Straits Times page H-18 money page mentioned

HUGE CHINA FUND expected to start buying stocks soon....SEE WHAT I MEAN.

China Investment Corporation (CIC)would choose overseas managers to help it buy several categories of stocks, including global equities, emerging markets and Asian stocks, ex-Japan, as well as shares of leading foreign industries players, is in fee and contract NEGOTIATION with potential managers saying as much as USS90 Billion (S$122.6 Bil) from d fund's initial allocation of US$200 billion. (CIC). A source told Reuters



teeth53      ( Date: 10-Jul-2008 09:02) Posted:

They has got plenty of talented ppl's up there..so called very talented, very, very talented, ppl's like me is SO ordinary layman, don't even know those $$$ and finance matter can see, they cannot see and read, so i have to put up those bigger wording lor...I think they are blind by 1st oppunities (left eye is partly..bluur and d right eye is = as bluur). As mentioned JIM is so near yet so far, yet he is oredi half a S'porean. Just a HP call away to find out how is d market for d next fews monthe or next year.

Bid is as bad as this year with oil. and next food problems coming.....Still they is a few bright spot moving into year end for bargain hunters.

This is just d beginning to bargain hunt for retailers & even for those BBs sitting in GIC and Temaseks board.



jackjames      ( Date: 10-Jul-2008 08:42) Posted:



wai sen, reminded them somemore,.... too bad, you are not one of the board , else, u might help them to escape the disaster...

yesterday news, jim rogers said, whenever he sees a rebound at US bank shares, he will continue to short it.. maybe he is in action all these while lei...

well, having said this, we must really observe the situation closely, don't miss the bull run for the bank stocks... because it will still shines no matter what happen... but like everyone here, we want to get as cheap as possible, how cheap? i don't know, i only can say i have my own target at USD 19, heeee... i love 9 behind.. because it somehows give an illusion of support point , just like 29 now ha ha..


 
 
jackjames
    10-Jul-2008 09:25  
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sometimes, expert knowing, and reading too much might affect their "common-sense" decisions.
 

 
teeth53
    10-Jul-2008 09:02  
Contact    Quote!

They has got plenty of talented ppl's up there..so called very talented, very, very talented, ppl's like me is SO ordinary layman, don't even know those $$$ and finance matter can see, they cannot see and read, so i have to put up those bigger wording lor...I think they are blind by 1st oppunities (left eye is partly..bluur and d right eye is = as bluur). As mentioned JIM is so near yet so far, yet he is oredi half a S'porean. Just a HP call away to find out how is d market for d next fews monthe or next year.

Bid is as bad as this year with oil. and next food problems coming.....Still they is a few bright spot moving into year end for bargain hunters.

This is just d beginning to bargain hunt for retailers & even for those BBs sitting in GIC and Temaseks board.



jackjames      ( Date: 10-Jul-2008 08:42) Posted:



wai sen, reminded them somemore,.... too bad, you are not one of the board , else, u might help them to escape the disaster...

yesterday news, jim rogers said, whenever he sees a rebound at US bank shares, he will continue to short it.. maybe he is in action all these while lei...

well, having said this, we must really observe the situation closely, don't miss the bull run for the bank stocks... because it will still shines no matter what happen... but like everyone here, we want to get as cheap as possible, how cheap? i don't know, i only can say i have my own target at USD 19, heeee... i love 9 behind.. because it somehows give an illusion of support point , just like 29 now ha ha..

 
 
teeth53
    10-Jul-2008 08:47  
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It is always one of those thing...sell into strength. buy on rumour, hold onto empty promise and keep faith on HOPE. Errr..Just hang on 2 HOPE for better day to come 

Like AK said..pass it down to our grand children liao.

Problem is they have got multi millions to hang on..We have to meet endless need.
 
 
jackjames
    10-Jul-2008 08:42  
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wai sen, reminded them somemore,.... too bad, you are not one of the board , else, u might help them to escape the disaster...

yesterday news, jim rogers said, whenever he sees a rebound at US bank shares, he will continue to short it.. maybe he is in action all these while lei...

well, having said this, we must really observe the situation closely, don't miss the bull run for the bank stocks... because it will still shines no matter what happen... but like everyone here, we want to get as cheap as possible, how cheap? i don't know, i only can say i have my own target at USD 19, heeee... i love 9 behind.. because it somehows give an illusion of support point , just like 29 now ha ha..
 
 
teeth53
    10-Jul-2008 08:34  
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Correction here. Since MARCH 2008.
 
 
teeth53
    10-Jul-2008 08:32  
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Since APRIL 2008. I long OREDI reminded them that THIS IS A MISTAKE TO JUMP IN ON 1ST OPPORTUNITIES TO BUY>>>>AFTER ALL reminder, STILL NEED REMINDER after REMINDER...

THINK..Angmo WILL PROTECT US 1ST OR PROTECT THEIR BACKSIDE 1ST...?

IF ANYTHING happened..LOOK for Ah Kong 1st...AH KONG GOT plenty of $$$. Then We have to go look for Grand Ah Kong from our China Bro for more $$$...isit?.



teeth53      ( Date: 10-Jul-2008 08:17) Posted:

Hope to serve yet another reminder STILL HAVE NOT WAKE UP HUH..!!!  If not for losses...S$75,000 for each CPF a/c liao.

'The financial contagion has now spread beyond US shores'

IF THIS DON'T MAKE THEM UNDERSTAND..I REALLY DON"T KNOW WHAT and WHY. 

GIC says global recession, crisis likely

THEY ARE DO SUCH THING as so EAGERLY JUMPING INTO 1st OPPORTUNITIES, TELLING US AGAIN and AGAIN, YA...THIS X TELLING US in ChannelNewsAsia (CNA)..from our Biggest Boss.

27-Apr-2008 10:03 Others   /   Is it true GIC loss $6billion on UBS investment?      4Go to Message
x 0
x 0
Just to serve as a reminder to those big boys earning multi million of dollars and here we are daily making end need to feed ever rising cost of living....some real serious thinking needed here.
SundayTimes April 27,2008 Page 28 Think. Highlighted Termasek holding and GIC.
Wise buy by GIC and Temasek..??? What do you make of Temasek and GIC invesments ? by graceng@sph.com.sg
My very own personnel opinion only. It is true, they has lost short term....10% - 20 % lost in billion (term) mean a 10% - 20% more money to be fork out from our pocket.

Can U see what a nomal down to earth fellow here see...I am very concern about how they go about investing our hard earn money.

teeth53 Posted: 30-Mar-2008 22:12        *  Quote this Post!
  Just for info sharing......Isit another round coming for Teamsek / GIC?, as i said is too early.
teeth53 Posted: 20-Mar-2008 09:57    
  Read into China reserve, they got trillion and they are taking their sweet time...they are reading that they will be plenty to come.....this one to two years, so be ready for this volatile world.
teeth53 Posted: 20-Mar-2008 09:51  
what i think is what make them jump into is so fast...isit we are sooo rich, isit kiaso and why do we have all the opportunties to NEG now and later. it is very, very to get in and not easy to find another buyer to take over those 14B in case of UBS ( if i am wrong, pls high light me) thk


GIC previously said it has not yet decided whether to participate in UBS's subsequent 15 billion franc rights issue. Dr Tan said that GIC had entered the market turmoil well prepared after it had taken a more conservative stance in its investment portfolio by selling stocks in the third quarter and holding more cash.

GIC says global recession, crisis likely
'The financial contagion has now spread beyond US shores': Dr Tony Tan. -Reuters
 



jackjames      ( Date: 08-Jul-2008 10:55) Posted:

they entered too early la... this is singaporean gia shu style mah.. they afraid they cannot get bargain price.. but they forgot the Great Singapore Sales is in June !!!! now, kena burnt big time... they should admit it... don't tell us long term they will win ... of course anyone of us will know that.. the question is as a prestiguous investment company, where is the risk analysis ? fail big time..

they will announce result on july 17.. if big losses lagi baik, as i am looking to buy at USD 19 !!!



 
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