We still waiting for US market to correct.....13000.....once hit that level we will then decide to buy....... too much uncertainty at this point ......who brought at 3400 or 3300... is like....catching a falling knife..... and i have warned this correction on may 24 after STI touches 5 year high.....good luck people..... 
I am really here to help..... not to make anyone look bad or ho lian.....
BOSAYOR....... let the market leader correct first..... huat ah 
Treasury Yields Spike To New 14 Month Highs
30Y rates are up 4bps and 10Y rates up 5bps as a combination of MBS convexity hedging, Taper chatter, and growth hopiness flutter across the bond market. This has backed 10Y and 30Y rates up to their highest since April 2012 - getting close to some significant support/resistance from the last few years. Mortgage spreads have stabilized up here at their highest since July (around 83bps) but just as a delicate reminder, the last time bond yields spiked to this degree, equities began to wonder just what was going on? With so much of the investing public having bought bond-like-stocks at the behest of every talking head and asset-gatherer under-the-sun, we wonder at what point do the arguments about a great rotation from bonds to stocks (since gosh, 10Y bond prices are down 3% in the last month) turn to a rotation from bond-like-stocks to bond-like-bonds...
 
 
Or more simply, the market's (or the Fed's) realization that 'normalizing' rates here will crush the economy as interest expense surges (think Japan...)
Tomique ( Date: 11-Jun-2013 11:14) Posted:
|
Peter_Pan ( Date: 11-Jun-2013 07:11) Posted:
|
flaminglambo ( Date: 11-Jun-2013 11:11) Posted:
|
In many exchanges outside Singapore, they prefer a company to close than to issue rights share, although placements are considered alright.   Nevertheless such placements are also put to much consideration as to practicality.
In my own views, I think we should allow companies not doing well to be liquidated subject to some well thought out criteria..   This protects investors and allows well managed companies to grow and contribute to the economy in form of taxes and employment. 
Tomique ( Date: 11-Jun-2013 10:15) Posted:
|
US markets started the week mixed after last Friday’s rally.
Credit rating agency S& P’s upgrade of US credit rating
outlook to stable from negative resulted in little reaction
to markets as it was seen as largely expected. 10-yr bond
yields crept higher to c.2.21%. Investors await Chinese
investors’ reaction after China posted several weakerthan-
expected economic data over the weekend and were
closed yesterday for a public holiday. The SSEC ended at
2210 last week, 60pts above the important 2150 support.
For the STI, yesterday’s rise was capped below the
immediate resistance at 3225. Nevertheless, valuation that
is becoming attractive should underpin market as the
index now trades comfortably below the 13.9x (average)
12-mth forward PE level at 3287.
source DBS
Our market is overly stressed.   Too much cash calls this year and last year.   Marvelous, seems SGX very welcome and granted approval for each and every call. Can't help it because   if not the companies will close down worse still.
Actually nobody likes companies to call for cash too often.   It makes the directors have no incentive to create good business to profits for shareholders..   Directors nowadays await for opportunity to call for cash.   They become very lazy as a result. Laziness to be innovative. Laziness to make business works.   This is a stereotype of our market. Where is meritocracy?   Is it still practical when all meritorious people go to the helms and make a mess of everything?   Regrets and laments are the norms in investment in Singapore stocks/financials. 
steadied on Tuesday, after Standard & Poor's removed the
near-term threat of another credit rating downgrade for the
United States, just as data last week pointed to no imminent
shift in the Federal Reserve's huge monetary stimulus.
Still, uncertainty over the timing of the Fed's eventual
reduction of its massive bond-buying programme, concerns over
China's growth outlook and doubts about the sustainability of
Wall Street's rally may cap share prices. 
Anything goes up will have to goes down. Taking into consideration at time when STI was at 1900 during the start of econony crisis, STI have since move more than 40% but the econony problem is still unresolve. So realstically can the STI hold or move further? Only time can prove the that.