read in papers recently mice activities in singapore increased over 20% since IRs started. Also baobei is working with Suntec to promote this business and in return rec visitors to it's own casino, universal studios, etc businesses fr this collaboration. baobei's management really on-the-ball sniffing-out $$$ making opportunities. overall management performance since project started certainly give lots of assurance and confidence to baobei's shareholders and backers!
do u still begrudge baobei's better market rating?
wow, we have the same retirement plan, by 45. i am halfway there liao. lol. wonder if i will ever get the chance to experience another golden era early in my trading days.
o ya why dont you go join those financial sectors like hedge funds etc?
BullishTempo ( Date: 16-Oct-2010 23:31) Posted:
I am guy lah, in my 30s. Used to be computer engineer, and then after 6 years got sick of it, switch to being a MOE teacher. And then after 3 years I knew I can never retire comfortably by the time I am 45 with a teacher's pay, so I picked up trading. The rest is history. 
bladez87 ( Date: 16-Oct-2010 22:06) Posted:
| you know what would be funny? bullishtempo is also female. that! would come as a real shocker to me.
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I cannot advise to sell or buy or keep. Because it is your money, and nobody can be responsible for your money except yourself
But if you read my eariler post, I am bullish on the 3rd quarter results, but if the results is really bad, I will run as fast as I can.
AK_Francis ( Date: 17-Oct-2010 01:28) Posted:
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Ha ha, dear comrade, how much u made? AK blur blur, got hundreds over lots, some bt at 0.86 n most bt at 1.16, wheater to sell or not, pse advice. Tks.
Noob79 ( Date: 17-Oct-2010 00:09) Posted:
| ^^ got earn $$. Happy can liao... Mayb u go buy Cosco bah since u got bullet, see monday, it already break liao, mayb can chiong to 2.09... already break lia |
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Ha ha, dear comrade, how much u made? AK blur blur, got hundreds over lots, some bt at 0.86 n most bt at 1.16, wheater to sell or not, pse advice. Tks.
Noob79 ( Date: 17-Oct-2010 00:09) Posted:
^^ got earn $$. Happy can liao... Mayb u go buy Cosco bah since u got bullet, see monday, it already break liao, mayb can chiong to 2.09... already break liao
BullishTempo ( Date: 17-Oct-2010 00:05) Posted:
| I have a friend who also trades together with me. He made more than me because of his larger capital base. Right now we are taking a break till the breakout signals appear. The focus next week will be on the 2 government IPOs, not on GentingSp. But if GentingSp breaks above 2.13 we will be adding positions again. |
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^^ got earn $$. Happy can liao... Mayb u go buy Cosco bah since u got bullet, see monday, it already break liao, mayb can chiong to 2.09... already break liao
BullishTempo ( Date: 17-Oct-2010 00:05) Posted:
I have a friend who also trades together with me. He made more than me because of his larger capital base. Right now we are taking a break till the breakout signals appear. The focus next week will be on the 2 government IPOs, not on GentingSp. But if GentingSp breaks above 2.13 we will be adding positions again.
Noob79 ( Date: 16-Oct-2010 23:56) Posted:
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I Believe...using CFD sure can hit 500% of u original capital... Genting SP up by 1 fold x 5(using CFD)= 5fold ^^ .....
Good to has some stock that can upsize ^^ |
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I have a friend who also trades together with me. He made more than me because of his larger capital base. Right now we are taking a break till the breakout signals appear. The focus next week will be on the 2 government IPOs, not on GentingSp. But if GentingSp breaks above 2.13 we will be adding positions again.
Noob79 ( Date: 16-Oct-2010 23:56) Posted:
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I Believe...using CFD sure can hit 500% of u original capital... Genting SP up by 1 fold x 5(using CFD)= 5fold ^^ .....
Good to has some stock that can upsize ^^
BullishTempo ( Date: 16-Oct-2010 23:40) Posted:
| Believe it or not, I made about 500% returns during July to September period when GentingSp was chionging non-stop |
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I Believe...using CFD sure can hit 500% of u original capital... Genting SP up by 1 fold x 5(using CFD)= 5fold ^^ .....
Good to has some stock that can upsize ^^
BullishTempo ( Date: 16-Oct-2010 23:40) Posted:
Believe it or not, I made about 500% returns during July to September period when GentingSp was chionging non-stop.
Noob79 ( Date: 16-Oct-2010 23:35) Posted:
| Wow when u start trading le... 30s oni... yet can buy 2000 lots huh using CFD... must learn more from u and cannotfind le.... kekek |
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4. Featured Article: GLP, Mapletree trust seen surging on debut
Business Times - 16 Oct 2010
TWO industrial property IPOs worth about US$3.7 billion are expected to surge when they debut in
Singapore next week, thanks to their high yield and exposure to China's fast-growing economy.
Global Logistic Properties (GLP), the logistics unit of Singapore sovereign wealth fund GIC, is set to
raise up to S$3.9 billion in Singapore's second-largest initial public offering. Its shares could jump by
up to 10 per cent when they debut on Monday as the company is viewed as a good proxy for China's
exponential trade growth, analysts said.
Units in Mapletree Industrial Trust, which owns factories and other industrial properties in Singapore,
meanwhile, may rise to as much as S$0.99 on their first trading day on Thursday, 6.5 per cent higher
than the offer price of S$0.93, according to the median forecast of five analysts polled by Reuters.
The listing could raise as much as S$940 million.
The IPOs hit the market within days of each other, but analysts say there is enough liquidity to digest
both since GLP and Mapletree Industrial, a property trust linked to Singapore wealth fund Temasek,
appeal to different investors.
'The value proposition is different,' said UOB Kay Hian analyst Vikrant Pandey. 'Investors looking for
yield and growth in the industrial segment in Singapore would rather go for Mapletree Industrial Trust
and investors looking to ride the growth in China would go for GLP.'
GLP, led by former ProLogis CEO Jeffrey Schwartz, owns over 290 logistics properties across China
and Japan, making it well-positioned to ride on the coat-tails of China's industrial production boom
and economic growth.
Shares of GLP may rise to as high as S$2.16 on their first trading day, 10 per cent higher than the
IPO price of S$1.96, according to the median forecast of the analysts. It is set to be Singapore's
second-largest IPO after Singapore Telecommunications' S$4 billion share offering in 1993. It is also
the first of several large IPOs in Asia that take place in coming weeks. These include AIA, the Asian
life insurance arm of American International Group, and a proposed US$4.2 billion offering by
Malaysia's Petronas Chemicals.
Asian equity markets have seen solid gains this year, helped by a pick-up in economic growth.
Singapore's benchmark Straits Times Index has risen 10 per cent so far in 2010 compared with a 12
per cent gain in the MSCI index of Asia-Pacific stocks excluding Japan. 'We expect both GLP and
Mapletree Industrial to perform well on their respective first days of trade. Both companies are highprofile
listings and have substantial institutional support behind them,' said Moh Tze Yang, an analyst
at SIAS Research.
GLP will be the first listing by a firm majority-owned by GIC in Singapore and the sovereign fund will
continue to have a controlling stake in GLP after the IPO.
'It doesn't seem like the market could be running out of liquidity or get exhausted,' said Janice Ding,
an analyst at CIMB Research. 'Both (GLP and Mapletree) were able to price on the high end (of the
indicative price range) so that's an indication of the demand out there.' But Ms Ding said Mapletree's
offering could fare better given strong demand for assets with higher yields in the market.
Mapletree Industrial has said it expects to see a distribution yield of about 7.6 percent for the 12
months ended March 2011.
'Mapletree could do slightly better. The story is easier to understand and it's a Reit with a visible cash
flow and distribution, and there's quite a lot of liquidity out there looking for high-yield products,' said
Ms Ding. -- Reuters
Copyright © 2010 Singapore Press Holdings Ltd. All rights reserved.
Singapore stock market continued to rally this week. Straits Times Index (STI) had its eighth consecutive weekly rise.
The market story this week was about further monetary easing by the US Federal Reserve. US Fed may start a second round of purchase of longer term securities when the meet on Nov 3. Monetary easing, quantitative easing or purchase of securities (debt) by US Fed may be viewed as “printing money”. As such US dollar as measured by Dollar Index continued to drop for the past five weeks. A lot of cheap US dollar flow to Asia markets with stronger economic growth relative to US and resulted in continued upward movement in the Asian stock markets. This liquidity also fuelled inflation fear and hence plantation stocks such as IndoAgri and Wilmar etc were in play this week.
Two giant IPOs, Global Logistics and Mapletree Industrial shall start trading in Singapore next Monday and Thursday respectively. Most expect them to trade moderately above ipo price on debut.
Market had been unexpectedly strong for the past two months despite now being the traditionally uncertain month of October. However investors should not forget that economic growth for the second half of the year is expected to be significantly slower than the first half. Singapore Advanced GDP for Q3 released by MTI this week showed that our economy had a 19.8% annualised contraction from Q2, much more than the consensus forecast of 15.7% pullback. Hence it may be prudent to either sell to rally or stay sideline despite the unexpectedly strong market till now.
In short, eight consecutive weekly rise in STI may be too much. It may be prudent to stay sideline for the next few weeks.
Regards,
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