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harley22ez
    19-Nov-2012 09:46  
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i agree with you bro.guess China new president needs to show his mettle also.
 
 
tonylim
    17-Nov-2012 09:37  
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Holding very well in this depressed market

harley22ez      ( Date: 16-Nov-2012 16:37) Posted:



market will recoevr next monday ............



On eve of U.S. 'fiscal cliff' talks, positions harden

ReutersReuters – 1 hour 22 minutes ago

By Richard Cowan

WASHINGTON (Reuters) - As President Barack Obama and congressional leaders prepared for budget and tax talks on Friday aimed at preventing the U.S. economy from falling back into recession, a top Republican vowed to overhaul the U.S. tax code next year.

Democrats and Republicans dug in on their long-held opposing positions on the eve of the talks, with Senate Republican leader Mitch McConnell warning, " What we won't do is raise tax rates."

But raising income taxes on the wealthy to help shrink the deficit was exactly what Obama highlighted during his first post-election news conference on Wednesday. Twenty-four hours later, Obama spokesman Jay Carney argued that public sentiment was firmly behind the newly re-elected president.

Obama " will not sign, under any circumstances, an extension of tax cuts for the top 2 percent of American earners," Carney told reporters aboard Air Force One en route to New York to survey recent devastating storm damage.

Later on Thursday, Republican Dave Camp, the chairman of the tax-writing Ways and Means Committee of the U.S. House of Representatives, said his panel will move to overhaul the U.S. tax code next year.

The panel " will write, act on and pass comprehensive tax reform legislation in 2013," Camp said in the text of a speech to be delivered in the evening. " We intend to move a comprehensive tax reform bill in 2013 - no matter what."

Obama at 10:15 a.m. EST (1515 GMT) on Friday will bring together the four top leaders of Congress for the first time since the November 6 election.

McConnell, Senate Majority Leader Harry Reid, House of Representatives Speaker John Boehner and House Democratic leader Nancy Pelosi are scheduled to talk with him for about an hour at the White House.

" Let us go to the table in good faith that we want something to happen," Pelosi told reporters, adding, " If nothing happens, the consequences will be great."

While all five leaders have registered the need for cooperation after Democrats scored a healthy win in last week's elections, all signs point to difficult negotiations on how to avoid the " fiscal cliff" on January 1.

That is when about $600 billion worth of broad tax increases and deep spending cuts occur if Congress cannot decide how to replace them with less extreme deficit-reduction measures.

The overall push for fiscal responsibility is being fueled by budget deficits that have topped $1 trillion for each of the past four years, pushing the country's debt beyond the $16 trillion mark.

Uncertainty about the fiscal cliff prompted analysts this month to cut early 2013 U.S. economic growth expectations, a Reuters poll showed on Thursday.

Investors are also rattled. The S& P 500 is down nearly 2 percent for the week, further eroding the market's 2012 gains.

The Obama-led talks begin amid growing fears there will be new demands on Washington for bailouts that could further increase deficit spending.

The U.S. Postal Service announced on Thursday a record net loss of nearly $16 billion last year, more than triple its loss the previous year.

The cleanup from East Coast wreckage brought by Superstorm Sandy could require Congress to approve billions of additional dollars in aid - just as the U.S. Federal Housing Administration is indicating it might need a bailout for the first time in its 78-year history because of bad loans.

Much larger bailouts of U.S. financial and automotive industries a few years ago sparked outrage among many lawmakers and voters.

YOU GO FIRST

In the run-up to Friday's White House gathering, Republicans and Democrats were jockeying for the upper hand in the negotiations and in public opinion.

McConnell, speaking on the floor of the Senate, said, " It's the president's turn to propose a specific plan that brings both parties together. That's what a president is elected to do."

Before the election, lawmakers speculated that if Obama won a second four-year term, he would promptly unveil a new comprehensive set of proposals for averting the fiscal cliff.

But Obama's solid win, coupled with an expanded Democratic majority in the Senate and a larger Democratic minority in the House, has caused the president to pivot, according to some Democratic congressional aides.

An emboldened Obama, the aides say, will now focus on urging Republicans to accept a Democratic bill passed in the Senate last July to extend expiring income tax cuts - first enacted by President George W. Bush - except for those families making more than $250,000 a year in adjusted income.

" If Republicans have other ideas on how to raise revenues now, they should bring them" to the White House, said one Senate Democratic aide.

While differences over raising income taxes are large, some have spotted in the week's rhetoric some openings for compromise. Those include raising Obama's $250,000 income threshold to $500,000, or letting the top income tax rate rise to something less than the 39.6 percent Obama wants, from the current 35 percent.

There is also growing talk of extending a payroll tax break for 160 million American workers to stimulate the economy by putting about $1,000 a year in extra spending power in their pockets.

The payroll tax is set to expire at year's end and will be part of the White House negotiations, leaders said.

The negotiators will also have to decide what to do about $109 billion in across-the-board spending cuts set to be triggered on January 2.

Even if Obama and Congress can forge a deal to avert the fiscal cliff by December 31, they will still have plenty of work ahead of them early next year on tax and budget policy. That is when the most arduous work is expected on revamping the outdated U.S. tax code and retooling expensive " entitlement" programs such as Medicare, the government healthcare program for the elderly.

" We are open to a grand bargain - however we get to the place where we can have significant deficit reduction," Pelosi told reporters.

In the meantime, the Obama talks likely will aim for a partial solution to get the country past the cliff and into the new session of Congress that starts in January.

" The bland bargain," was how Chris Krueger, senior policy analyst at Guggenheim Washington Research Group in Washington, described it.

(Additional reporting by Kim Dixon, Rachelle Younglai, Mark Felsenthal, Thomas Ferraro, David Lawder and Deborah Charles. Editing by Fred Barbash and Lisa Shumaker)

@YahooSGfinanceon Twitter


 
 
harley22ez
    16-Nov-2012 16:37  
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market will recoevr next monday ............



On eve of U.S. 'fiscal cliff' talks, positions harden

ReutersReuters – 1 hour 22 minutes ago

By Richard Cowan

WASHINGTON (Reuters) - As President Barack Obama and congressional leaders prepared for budget and tax talks on Friday aimed at preventing the U.S. economy from falling back into recession, a top Republican vowed to overhaul the U.S. tax code next year.

Democrats and Republicans dug in on their long-held opposing positions on the eve of the talks, with Senate Republican leader Mitch McConnell warning, " What we won't do is raise tax rates."

But raising income taxes on the wealthy to help shrink the deficit was exactly what Obama highlighted during his first post-election news conference on Wednesday. Twenty-four hours later, Obama spokesman Jay Carney argued that public sentiment was firmly behind the newly re-elected president.

Obama " will not sign, under any circumstances, an extension of tax cuts for the top 2 percent of American earners," Carney told reporters aboard Air Force One en route to New York to survey recent devastating storm damage.

Later on Thursday, Republican Dave Camp, the chairman of the tax-writing Ways and Means Committee of the U.S. House of Representatives, said his panel will move to overhaul the U.S. tax code next year.

The panel " will write, act on and pass comprehensive tax reform legislation in 2013," Camp said in the text of a speech to be delivered in the evening. " We intend to move a comprehensive tax reform bill in 2013 - no matter what."

Obama at 10:15 a.m. EST (1515 GMT) on Friday will bring together the four top leaders of Congress for the first time since the November 6 election.

McConnell, Senate Majority Leader Harry Reid, House of Representatives Speaker John Boehner and House Democratic leader Nancy Pelosi are scheduled to talk with him for about an hour at the White House.

" Let us go to the table in good faith that we want something to happen," Pelosi told reporters, adding, " If nothing happens, the consequences will be great."

While all five leaders have registered the need for cooperation after Democrats scored a healthy win in last week's elections, all signs point to difficult negotiations on how to avoid the " fiscal cliff" on January 1.

That is when about $600 billion worth of broad tax increases and deep spending cuts occur if Congress cannot decide how to replace them with less extreme deficit-reduction measures.

The overall push for fiscal responsibility is being fueled by budget deficits that have topped $1 trillion for each of the past four years, pushing the country's debt beyond the $16 trillion mark.

Uncertainty about the fiscal cliff prompted analysts this month to cut early 2013 U.S. economic growth expectations, a Reuters poll showed on Thursday.

Investors are also rattled. The S& P 500 is down nearly 2 percent for the week, further eroding the market's 2012 gains.

The Obama-led talks begin amid growing fears there will be new demands on Washington for bailouts that could further increase deficit spending.

The U.S. Postal Service announced on Thursday a record net loss of nearly $16 billion last year, more than triple its loss the previous year.

The cleanup from East Coast wreckage brought by Superstorm Sandy could require Congress to approve billions of additional dollars in aid - just as the U.S. Federal Housing Administration is indicating it might need a bailout for the first time in its 78-year history because of bad loans.

Much larger bailouts of U.S. financial and automotive industries a few years ago sparked outrage among many lawmakers and voters.

YOU GO FIRST

In the run-up to Friday's White House gathering, Republicans and Democrats were jockeying for the upper hand in the negotiations and in public opinion.

McConnell, speaking on the floor of the Senate, said, " It's the president's turn to propose a specific plan that brings both parties together. That's what a president is elected to do."

Before the election, lawmakers speculated that if Obama won a second four-year term, he would promptly unveil a new comprehensive set of proposals for averting the fiscal cliff.

But Obama's solid win, coupled with an expanded Democratic majority in the Senate and a larger Democratic minority in the House, has caused the president to pivot, according to some Democratic congressional aides.

An emboldened Obama, the aides say, will now focus on urging Republicans to accept a Democratic bill passed in the Senate last July to extend expiring income tax cuts - first enacted by President George W. Bush - except for those families making more than $250,000 a year in adjusted income.

" If Republicans have other ideas on how to raise revenues now, they should bring them" to the White House, said one Senate Democratic aide.

While differences over raising income taxes are large, some have spotted in the week's rhetoric some openings for compromise. Those include raising Obama's $250,000 income threshold to $500,000, or letting the top income tax rate rise to something less than the 39.6 percent Obama wants, from the current 35 percent.

There is also growing talk of extending a payroll tax break for 160 million American workers to stimulate the economy by putting about $1,000 a year in extra spending power in their pockets.

The payroll tax is set to expire at year's end and will be part of the White House negotiations, leaders said.

The negotiators will also have to decide what to do about $109 billion in across-the-board spending cuts set to be triggered on January 2.

Even if Obama and Congress can forge a deal to avert the fiscal cliff by December 31, they will still have plenty of work ahead of them early next year on tax and budget policy. That is when the most arduous work is expected on revamping the outdated U.S. tax code and retooling expensive " entitlement" programs such as Medicare, the government healthcare program for the elderly.

" We are open to a grand bargain - however we get to the place where we can have significant deficit reduction," Pelosi told reporters.

In the meantime, the Obama talks likely will aim for a partial solution to get the country past the cliff and into the new session of Congress that starts in January.

" The bland bargain," was how Chris Krueger, senior policy analyst at Guggenheim Washington Research Group in Washington, described it.

(Additional reporting by Kim Dixon, Rachelle Younglai, Mark Felsenthal, Thomas Ferraro, David Lawder and Deborah Charles. Editing by Fred Barbash and Lisa Shumaker)

@YahooSGfinanceon Twitter

 

 
Hulumas
    15-Nov-2012 17:34  
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Tell me, when refer to the technical chart, we can start buying for this counter please? About Sgd. 1.00?

TradeChancellor      ( Date: 22-Aug-2012 10:04) Posted:

20ma, 100ma and 200ma ae converging => bollinger bands are tightening, may have break out soon

 
 
TradeChancellor
    22-Aug-2012 10:04  
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20ma, 100ma and 200ma ae converging => bollinger bands are tightening, may have break out soon
 
 
wongeric
    22-Aug-2012 08:09  
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it just take 1 or 2 more major  investors to wipe up the remaining punters in Yanlord.....
 

 
chartreader
    21-Aug-2012 17:45  
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Lol ... exit already with profit, happy to buy again later.

bishan22      ( Date: 21-Aug-2012 16:48) Posted:

1.25 cannot hold.... dripping slowly. Good luck.  Smiley

chartreader      ( Date: 21-Aug-2012 09:55) Posted:

Lol, how come I see 1.25 instead  Smiley


 
 
bishan22
    21-Aug-2012 16:48  
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1.25 cannot hold.... dripping slowly. Good luck.  Smiley

chartreader      ( Date: 21-Aug-2012 09:55) Posted:

Lol, how come I see 1.25 instead  Smiley

bishan22      ( Date: 20-Aug-2012 16:32) Posted:

Tomorrow may see 1.18 again. Good luck.  Smiley


 
 
chartreader
    21-Aug-2012 09:55  
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Lol, how come I see 1.25 instead  Smiley

bishan22      ( Date: 20-Aug-2012 16:32) Posted:

Tomorrow may see 1.18 again. Good luck.  Smiley

ozones      ( Date: 20-Aug-2012 15:10) Posted:

China may extend properties tax this week, chinese property stocks fell.   Watch out Yanlord, Capitaland, YingLi.


 
 
wongeric
    20-Aug-2012 17:23  
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the exchange of shares of the less than 10%, will only tickle the share price up and down by the small magnitude.  It is for the few major shareholders to hold on to what they believe is the worth of Yanlord share.  In their mind, it is not SGD 1.20 or SGD 1.30.  The Chairman Zhong Sheng Jian (65%) , investers Peter Lim, Wee Ee Chao,   Aberdeen Asset + others  are not looking at this small %.  Zhong Sheng Jian  was listed on the Singapore richest.....  with Yanlord positioning in China  will give Mr Zhong  the leap forward magnitude.    Those who hope for a gain of few cents will regret, when the big leap comes.
 

 
heavenknow
    20-Aug-2012 16:52  
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1.18 will be an ideal price to in.
Why? Because china is looking at maintaining it 8% target growth. It tried using stimulus, bank rate cuts but they only yield limited success. It is hard to do it without property market to support. Remember this year is a special year, once a decade leadership change. Will uncle wen allow china not to hit their growth target under his last year in charge? The answer is a big NO. He will want to be remembered as the person who brought china to the world big stage and the person who maintained china 8% growth throughtout his rule. And to reach it they will have to loosen the lid abit on property soon. Maybe not drastic changes that allow speculations on property prices to continue build up, but more on stuffs to help first time house buyers with cheaper loans.

bishan22      ( Date: 20-Aug-2012 16:32) Posted:

Tomorrow may see 1.18 again. Good luck.  Smiley

ozones      ( Date: 20-Aug-2012 15:10) Posted:

China may extend properties tax this week, chinese property stocks fell.   Watch out Yanlord, Capitaland, YingLi.


 
 
bishan22
    20-Aug-2012 16:32  
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Tomorrow may see 1.18 again. Good luck.  Smiley

ozones      ( Date: 20-Aug-2012 15:10) Posted:

China may extend properties tax this week, chinese property stocks fell.   Watch out Yanlord, Capitaland, YingLi.

 
 
ozones
    20-Aug-2012 15:10  
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China may extend properties tax this week, chinese property stocks fell.   Watch out Yanlord, Capitaland, YingLi.
 
 
wongeric
    17-Aug-2012 08:00  
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there is very small % of yanlord shares afloat...   the chairman has 65%, the remaining are mainly own by the investment companies.... all waiting for this counter to shoot up ....   1.50 in the short term, 3.50 in the long term is possible. 
 
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