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2561-2580 of 69565
CEO of Green Huat Kueh Pte,
Tomorrow is my birthday.... remember to make more Green Huat Kueh for my birthday party!!!! Cheers!!!
Tomorrow is my birthday.... remember to make more Green Huat Kueh for my birthday party!!!! Cheers!!!
Short sell orders executed on 27 June 2013
Rumour that ATM have run out of cash in some part of China.
China credit bubble and property bubble will likely burst within one year once the tap of liquidity runs out and capital outflows back to us and europe begins. Its good for the readjustment of the economy by directing capital away from overcapacity industries and to new growth industries but the cleansing would not be pretty. This mindless ponzi scheme of chasing after artificial returns with unlimited liquidity under the pretext of support the economy is nonsense as all the credits is being used to speculate in property and wealth mgmt products with no underlying cashflow at the end of project and this feedback loop creates a vicious cycle of increasing expectations and rising property prices way beyond the level of nominal income growth.This credit bubble is intertwined with the property bubble as property is being used as collateral and functions as pseudo banks savings but whos value is manipulated with low volume transactions and widespread hoarding thereby artificially inflating the real values of collateral. The real economy on the other hand is being blackmailed with absurd interest rates of 12-20% and high rents. Their central bank is forced to collaborate in this game before the leadership transition and euro credit crisis in 2011 but had signal it will no longer continue this unsustainable game-obvious historical lesson, given what japan suffered after its property bust. The stock market already predicted it now with all property and commodities stocks starting to collapse. The question is the extent of the collapse the government is willing to tolerate and the resulting repercussions on individual industries exposed to china. Basically all property stocks and materials ,constructions companies exposed to china will face the brunt of writedowns and highly indebted ones will disappear.
... believe you've sent lots of green huat kueh to Japan ...
...how about Europe... must reach in time .... warm warm and fresh fresh ....
27-06-2013 13:09:41
STOCKS NEWS SINGAPORE-Index rises for third day as Fed worry eases
Singapore shares rose for the third consecutive session and were
headed for their biggest daily rise in more than a week,
tracking a rebound in global equity markets on easing worries
about an imminent end to the Federal Reserve's bond buying.
The benchmark Straits Times Index < .FTSTI> rose 1.4 percent
to 3,147.28 points. MSCI's broadest index of Asia-Pacific shares
outside Japan < .MIAPJ0000PUS> gained nearly 2 percent, pulling
away from an 11-month low hit earlier this week.
A further drop below 3,000 points would make Singapore
stocks a good buy, said CIMB in a research note. It upgraded the
Singapore market to " neutral" from " underweight" as valuations
have come off with worries about the end of cheap money.
" In a slower-growth world with less impetus for multiple
expansion, we look for stocks with earnings growth drivers,"
CIMB analyst Kenneth Ng said.
He gave preference to banks over REITs (real estate
investment trusts), and favoured developers rather than
commodity plays.
DBS Group Holdings Ltdis CIMB's top banking pick
for its trade finance success and earnings delivery from
multiple fee income streams.
CIMB also favours Thai Beverage PCLas it has the
best exposure to ASEAN consumers. Other stock picks include UOL
Group limited, CapitaLand Ltd , Global
Logistic Properties Ltdand Keppel Corporation Ltd.
STOCKS NEWS SINGAPORE-Index rises for third day as Fed worry eases
Singapore shares rose for the third consecutive session and were
headed for their biggest daily rise in more than a week,
tracking a rebound in global equity markets on easing worries
about an imminent end to the Federal Reserve's bond buying.
The benchmark Straits Times Index < .FTSTI> rose 1.4 percent
to 3,147.28 points. MSCI's broadest index of Asia-Pacific shares
outside Japan < .MIAPJ0000PUS> gained nearly 2 percent, pulling
away from an 11-month low hit earlier this week.
A further drop below 3,000 points would make Singapore
stocks a good buy, said CIMB in a research note. It upgraded the
Singapore market to " neutral" from " underweight" as valuations
have come off with worries about the end of cheap money.
" In a slower-growth world with less impetus for multiple
expansion, we look for stocks with earnings growth drivers,"
CIMB analyst Kenneth Ng said.
He gave preference to banks over REITs (real estate
investment trusts), and favoured developers rather than
commodity plays.
DBS Group Holdings Ltd
for its trade finance success and earnings delivery from
multiple fee income streams.
CIMB also favours Thai Beverage PCL
best exposure to ASEAN consumers. Other stock picks include UOL
Group limited
Logistic Properties Ltd
27-06-2013 11:39:29
GLOBAL MARKETS-Asian shares extend gains as Fed, China fears subside
* MSCI Asia ex-Japan rises 1.8 pct, Nikkei jumps 2 pct
* Fears of Fed stimulus withdrawal, China crunch ease
* China money market rates dip further, still elevated
* Euro falters on ECB remarks
* Precious metals rebound, oil extends gains
By Chikako Mogi
TOKYO, June 27 (Reuters) - Asian shares extended gains for a
second day on Thursday, buoyed by a rise in global equities on
expectations that the U.S. Federal Reserve will not rush to end
its stimulus programme, and by further signs of improvement in
China's strained money markets.
MSCI's broadest index of Asia-Pacific shares outside Japan
< .MIAPJ0000PUS> rose 1.8 percent, after climbing 1.9 percent on
Wednesday to break a four-day losing streak and moving away from
an 11-month low touched earlier in the week.
Its relative strength index (RSI) improved but remained
weak, with investors still nervous after a month-long emerging
markets slide.
The market tone improved overnight after a surprisingly
sharp downward revision to first-quarter U.S. economic growth
eased fears that the Fed would soon wind down the bond-buying
scheme that has underpinned investor risk appetite.
Steadying Chinese markets also helped calm emerging market
currencies and stocks.
Chinese money market rates moderated for a fifth day on
Thursday after last week's spike and stocks recovered some of
their recent hefty losses as fears of a credit crunch eased.
Hong Kong shares < .HSI> rose 1.5 percent and Shanghai shares
< .SSEC> added as much as 1.2 percent before paring gains.
Japan's Nikkei stock average, which was pulled down on
Wednesday by losses in Chinese shares, rose 2 percent. [.T]
Australian shares jumped 1.3 percent < .AXJO> following Wall
Street's overnight rally even as investors looked for direction
on economic policy after a surprise change of prime minister.
Seoul shares extended gains and soared 2.8 percent < .KS11>
as foreign investors turned net buyers, poised to snap 14
straight sessions of selling, after prices hit an 11-month low.
" The market is seeing a technical rebound on bargain
hunting, but (upward moves) are probably not being established
as a trend ... the stance on emerging markets is still
cautious," said Lim Soo-gyoun, a market analyst at Samsung
Securities, of Seoul shares.
< ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
Since Fed tapering hint: http://link.reuters.com/wej98t
TAKE A LOOK-China's cash squeeze: [ID:nL3N0F10YJ]
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>
CHINA ISSUE CONTAINABLE
With growing confidence in risk assets, Asian credit markets
rallied, tightening the spread on the iTraxx Asia ex-Japan
investment-grade indexby 11 basis points.
The People's Bank of China did not drain any cash from the
open market on Thursday. While short-term borrowing rates eased
for a fifth day, they remained elevated, but traders said the
credit crunch panic that gripped the market last week has
subsided. [ID:nL3N0F221I]
Volatility was amplified this week by fears that a crisis in
China's banking system would undermine growth in the world's
second-largest economy and offset the benefits of a stronger
U.S. economy.
Chinese markets regained some stability after the central
bank earlier this week moved to quell concerns by saying it had
provided funds to some institutions and will do so if there is a
need.
Yet, it remained commited to cracking down on risky
informal lending, pointing to tougher conditions for the banking
sector ahead and likely more bouts of nerves in Asian markets.
" There is a risk that squeezed credit could lead to 'shadow
banks' failing, destabilising China's financial system and
undermining growth, raising downside risks globally -
particularly for countries with high reliance on the Chinese
economy," said Takao Hattori, senior investment strategist at
Mitsubishi UFJ Morgan Stanley Securities in Tokyo.
Fears of shrinking external funding channels, triggered by
the Fed's plan announced last week to trim down its stimulus
plan, drove the Indian rupeeto an all-time low of
60.76 on Wednesday, reinforcing the vulnerability of a country
with limited reserves and struggling to narrow a record-high
current account deficit.
DOLLAR FIRMS
Worries about China and the prospect of an eventual end to
the Fed's quantitative easing were likely to support the dollar,
often seen as a safe haven in times ofmarket turmoil.
The dollar eased 0.2 percent this session against a basket
of major currencies < .DXY> after reaching a near one-month high
of 83.025 on Wednesday.
It inched up 0.1 percent against the yen to 97.77.
U.S. Treasuries prices ended higher on Wednesday on weaker
than expected GDP, but a five-year Treasury note auction drew
its lowest demand since September 2009, showing persistent
jitters over the Fed's future policy course.
U.S. crude futuresrose 0.6 percent to $96.06 a
barrel and Brentalso added 0.6 percent to $102.25.
[O/R]
Spot goldsurged 1.5 percent to $1,244 an ounce after
a 4 percent tumble on Wednesday which brought prices to near
three-year lows of $1,221.80 an ounce. Gold was seen pressured
by the dollar's bullish outlook.
GLOBAL MARKETS-Asian shares extend gains as Fed, China fears subside
* MSCI Asia ex-Japan rises 1.8 pct, Nikkei jumps 2 pct
* Fears of Fed stimulus withdrawal, China crunch ease
* China money market rates dip further, still elevated
* Euro falters on ECB remarks
* Precious metals rebound, oil extends gains
By Chikako Mogi
TOKYO, June 27 (Reuters) - Asian shares extended gains for a
second day on Thursday, buoyed by a rise in global equities on
expectations that the U.S. Federal Reserve will not rush to end
its stimulus programme, and by further signs of improvement in
China's strained money markets.
MSCI's broadest index of Asia-Pacific shares outside Japan
< .MIAPJ0000PUS> rose 1.8 percent, after climbing 1.9 percent on
Wednesday to break a four-day losing streak and moving away from
an 11-month low touched earlier in the week.
Its relative strength index (RSI) improved but remained
weak, with investors still nervous after a month-long emerging
markets slide.
The market tone improved overnight after a surprisingly
sharp downward revision to first-quarter U.S. economic growth
eased fears that the Fed would soon wind down the bond-buying
scheme that has underpinned investor risk appetite.
Steadying Chinese markets also helped calm emerging market
currencies and stocks.
Chinese money market rates moderated for a fifth day on
Thursday after last week's spike and stocks recovered some of
their recent hefty losses as fears of a credit crunch eased.
Hong Kong shares < .HSI> rose 1.5 percent and Shanghai shares
< .SSEC> added as much as 1.2 percent before paring gains.
Japan's Nikkei stock average, which was pulled down on
Wednesday by losses in Chinese shares, rose 2 percent. [.T]
Australian shares jumped 1.3 percent < .AXJO> following Wall
Street's overnight rally even as investors looked for direction
on economic policy after a surprise change of prime minister.
Seoul shares extended gains and soared 2.8 percent < .KS11>
as foreign investors turned net buyers, poised to snap 14
straight sessions of selling, after prices hit an 11-month low.
" The market is seeing a technical rebound on bargain
hunting, but (upward moves) are probably not being established
as a trend ... the stance on emerging markets is still
cautious," said Lim Soo-gyoun, a market analyst at Samsung
Securities, of Seoul shares.
< ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
Since Fed tapering hint: http://link.reuters.com/wej98t
TAKE A LOOK-China's cash squeeze: [ID:nL3N0F10YJ]
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>
CHINA ISSUE CONTAINABLE
With growing confidence in risk assets, Asian credit markets
rallied, tightening the spread on the iTraxx Asia ex-Japan
investment-grade index
The People's Bank of China did not drain any cash from the
open market on Thursday. While short-term borrowing rates eased
for a fifth day, they remained elevated, but traders said the
credit crunch panic that gripped the market last week has
subsided. [ID:nL3N0F221I]
Volatility was amplified this week by fears that a crisis in
China's banking system would undermine growth in the world's
second-largest economy and offset the benefits of a stronger
U.S. economy.
Chinese markets regained some stability after the central
bank earlier this week moved to quell concerns by saying it had
provided funds to some institutions and will do so if there is a
need.
Yet, it remained commited to cracking down on risky
informal lending, pointing to tougher conditions for the banking
sector ahead and likely more bouts of nerves in Asian markets.
" There is a risk that squeezed credit could lead to 'shadow
banks' failing, destabilising China's financial system and
undermining growth, raising downside risks globally -
particularly for countries with high reliance on the Chinese
economy," said Takao Hattori, senior investment strategist at
Mitsubishi UFJ Morgan Stanley Securities in Tokyo.
Fears of shrinking external funding channels, triggered by
the Fed's plan announced last week to trim down its stimulus
plan, drove the Indian rupee
60.76 on Wednesday, reinforcing the vulnerability of a country
with limited reserves and struggling to narrow a record-high
current account deficit.
DOLLAR FIRMS
Worries about China and the prospect of an eventual end to
the Fed's quantitative easing were likely to support the dollar,
often seen as a safe haven in times ofmarket turmoil.
The dollar eased 0.2 percent this session against a basket
of major currencies < .DXY> after reaching a near one-month high
of 83.025 on Wednesday.
It inched up 0.1 percent against the yen to 97.77
U.S. Treasuries prices ended higher on Wednesday on weaker
than expected GDP, but a five-year Treasury note auction drew
its lowest demand since September 2009, showing persistent
jitters over the Fed's future policy course.
U.S. crude futures
barrel and Brent
[O/R]
Spot gold
a 4 percent tumble on Wednesday which brought prices to near
three-year lows of $1,221.80 an ounce. Gold was seen pressured
by the dollar's bullish outlook.
STI up 30 points abt 1%.. lifted by singtel's rise..
rally not broad based.. have to be wary..
gd luck dyodd
ozone2002 ( Date: 27-Jun-2013 09:25) Posted:
|
SingTel, GAR, pennys.........Chion......ARGHHHahahaha.
wonder where are all the market participants and players..
volume so low...hmmmmmmm
only GAR n singtel being the more active counters
Economics
Singapore Industrial Output, May 2013: Heading for a positive 2Q 2013
Ø Industrial production (IP) expanded for the second month in a row in May 2013, albeit at a slower pace of +2.1% YoY (Apr 2013: +5.0% YoY). The positive momentum was sustained by further rise in electronics production (May 2013: +4.2% YoY Apr 2013: +1.5% YoY) and biomedical output growth (May 2013: +22.8% YoY Apr 2013: +41.9% YoY).
Ø IP expansion of 3.6% YoY in Apr–May 2013 augurs well for 2Q 2013 GDP after the economy eked out a +0.2% YoY growth in 1Q 2013 amid the -6.9% contraction in IP during the quarter. Short term outlook for IP remains positive as the purchasing managers index (PMI) for new orders (May 2013: 53.1 Apr 2013: 51.5) and new export orders (May 2013: 52.9 Apr 2013: 50.6) maintain above-50 readings.
Ø We maintained our +2.3% real GDP growth forecast for 2013 (2012: +1.3%).
Click here for full report suhaimi_ilias@maybank-ib.com
Singapore Industrial Output, May 2013: Heading for a positive 2Q 2013
Ø Industrial production (IP) expanded for the second month in a row in May 2013, albeit at a slower pace of +2.1% YoY (Apr 2013: +5.0% YoY). The positive momentum was sustained by further rise in electronics production (May 2013: +4.2% YoY Apr 2013: +1.5% YoY) and biomedical output growth (May 2013: +22.8% YoY Apr 2013: +41.9% YoY).
Ø IP expansion of 3.6% YoY in Apr–May 2013 augurs well for 2Q 2013 GDP after the economy eked out a +0.2% YoY growth in 1Q 2013 amid the -6.9% contraction in IP during the quarter. Short term outlook for IP remains positive as the purchasing managers index (PMI) for new orders (May 2013: 53.1 Apr 2013: 51.5) and new export orders (May 2013: 52.9 Apr 2013: 50.6) maintain above-50 readings.
Ø We maintained our +2.3% real GDP growth forecast for 2013 (2012: +1.3%).
Click here for full report suhaimi_ilias@maybank-ib.com
STI (60 MIN)
One scenario: as long as 3135 is a resistance, we are bearish with a target at 3048.
Alternative scenario: a break above 3135 would open the way to 3191.
DOW JONES (60 MIN)
One scenario: as long as 15020 is not broken up, we favour a down move with 14550 and then 14445 as next targets.
Alternative scenario: a break above 15020 would open the way to 15180.
Yamg seng.. All mice dance within their circle of competency just to entertain the cat who is botak Ben
GorgeousOng ( Date: 27-Jun-2013 07:37) Posted:
|
They're lovin' it!
Peter_Pan ( Date: 26-Jun-2013 18:26) Posted:
|
Last night a lot of mice ...kiasu..did not sleep....came out q to eat green huat kueh before sold out!!!!
All mice have a huat huat day!!!
Cheers! Yam Seng! Huat Arh!!!!
All mice have a huat huat day!!!
Cheers! Yam Seng! Huat Arh!!!!
Today can que to eat some huat kueh. Good luck.
GorgeousOng ( Date: 26-Jun-2013 22:35) Posted:
|
[视 频 ]菲 律 宾 侦 察 机 在 中 国 南 海 仁 爱 礁 附 近 坠 毁 ： 菲 继 续 搜 寻 坠 毁 侦 察 机 飞 行 员
Huat green green
GorgeousOng ( Date: 26-Jun-2013 22:35) Posted:
|