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Fellowship of the Shares

But frankly...

If I were Simonloh, I would have preferred to publish a "Newsletter" and sell it to enthusiasts and fortune-hunters alike...

and maybe just work part-time or not at all, depending on the continued popularity of my newsletter...

 

Hi YongJiu,



I don't have enough experience leh.  Still learning from this forum.  I'm even attending the Simon Loh's presentation as organised by Fortunegal on 24 March 2007. 

 

Hi YongJiu...

I think combined knowledge and intelligence is a formidable force...

But personally, I am of the view that the very speculative nature of the stock market hardly responds to such an approach.

Speculation, being what it is, remains speculation, no matter what system one creates to 'tackle' it.

However, I fully support the group activities. Benefits other than financial ones may come as result.

 

Hey bunbun, elf, singaporegal, gejam, I_tan88, ipunter & etc in the fellowship....

we should do something like Simon Loh!!!!
http://www.sharejunction.com/sharejunction/listMessage.htm?topicId=2556&recordCount=30

with all the combine brain power in FA/TA, I'm sure we will be the A-team ^^

 

Think MAS problem is there is no buyer even if they want to sell!! : (

SIA is very profitable and with a good track record. Why sell a cash cow?

 

However, I can also rationalise why the Aussie government is ever eager to sell QANTAS.  Otherwise, they will always be bombarded as monopolizing the US - Aussie route, which SIA and the other airlines are always accusing about.

 

I share the same opinion with you about QANTAS.  We shall see if geojam is correct.

 

Exactly! That's why I think Qantas also the same. They are the aussie people's baby.

Think about MAS... every year lose money but they never sell away. The Government keep pumping in money to keep it afloat.

 

Scotty,



As long as LKY is alive, SIA will never be for sale.  It's his baby since day 1.  Didn't you realize that whenever there's pilot or its union disputes, LKY will always step in to resolve it, come what may.

 

Hi geojam,

Why do you think the Qantas sale will go through?

Qantas, like SIA, are national symbols and carry national pride. They are not merely aviation companies. I can't imagine SIA beinig owned by another country.

 

dear Geojam,

if it is the CPF that you appreciative about I should quote

Dr. Richard Wong is Director of the Hong Kong Centre for Economic Research.

The Singapore CPF system was adopted in 1953 and became operative in 1955 under the British colonial government. Self-employed individuals and employers were not obliged to join the scheme. The original goal was to provide a simple savings-withdrawal plan for old-age security. The basic principle that an individual's total benefits are equal to his total contribution plus interests credited to his account was explicitly endorsed, and the idea of a pension scheme that would violate this principle was rejected. Initial contribution levels to the CPF were set at 5 percent each for employee and employer. This level was maintained until 1968, after which it began to rise significantly (see Table).

The Singapore CPF system was adopted in 1953 and became operative in 1955 under the British colonial government. Self-employed individuals and employers were not obliged to join the scheme. The original goal was to provide a simple savings-withdrawal plan for old-age security. The basic principle that an individual's total benefits are equal to his total contribution plus interests credited to his account was explicitly endorsed, and the idea of a pension scheme that would violate this principle was rejected. Initial contribution levels to the CPF were set at 5 percent each for employee and employer. This level was maintained until 1968, after which it began to rise significantly (see Table).

Personally I note you used the "and Co." and how true.. it is the merry band around LKY then (in the 60's & 70's) that we should be grateful ...  for they have truely sacrificed a lot (and really speaking, what was their returns.. cf with $$ the current lots are getting?) 

 

Itan888

I am always grateful to LKY and Co.for the CPF system which sets me up for life.

At this stage of my life,i cannot complain about anything really.

Australia is like that,ppl talk rubbish,but eventually the qantas sale will go through.

 

geojam,



So, aren't you glad to be in Australia?  Lucky you.  However, I don't know if the QANTAS sale can eventually go through because there seems to be a lot of oppositions.

 

itan888

appreciate by about 40%.About 20% a year.

Yes,will sell existing one when new one ready.

Australian economy flush with cash.The govt.super board(equivalent to CPF)has A$100 billion to buy shares.They just sit on it and do not know what to do at the moment.

Alot of shareholders with Qantas shares and Coles myers shares will be flooded with cash if the private equity buy over.

indication of strong economy seen in white goods sale, car sales and restuarant full up on weekends.

 

geojam,



Well, at least your new house should have appreciated by 15 to 20%?  By the way, when your new house is ready, do you intend to sell your existing one?



Another point I don't quite understand is, is the Australian economy really picking up?  Apart from the strong mineral sales to China, I don't see other reasons justifying this.

 

Itan888

depends what is ur definition of "a pile" is.

Is S$1 million a pile?Just joking.

 

geojam,



Thanks.  So, you should have made a pile from your new house.

 

Itan888

Yes she is rite.

In WA,be prepared to pay about S$1.5 to S$1.8 million for 2 storey house in a good area,like say equivalent to katong.

For single storey,about S$800k.

Hope info. is of help to u.

 

geojam,



Heard from my sister during the weekend that the price of houses in Australia is on the uptrend.  Is it true?  She and her husband had just been to Brisbane last week.

 

It is no use to argue and debate on whether a man with lots of $$$ is attractive to any woman.

In my opinion (though perhaps just a speculation), it would be more conclusive to ask a woman whether she would stick by a particular man if that man does not have the riches he possessed. However, to be conclusive, the woman in this case needs to be honest  in her heart.