Monday, July 17, 2017
PM Lee was ostracized in G20 summit.
What's the point of attending the G20 when Singapore was isolated by other major countries?
Major countries didn't want to communicate with Singapore in G20 because Singapore was not part of G20. Singapore only attended G20 as an observer.
Singapore extolled good relationship with China but President Xi didn't even interact with PM Lee during the break time.
Protest against PM Lee is useless.
https://sg.news.yahoo.com/singapore-protest-demands-inquiry-pm-family-feud-161146864.html
This protest against PM Lee is useless because 70% of Singaporeans voted for this one-party system. PM Lee had already declared no abuse of power in the parliament and the parliament fully supported him. With the AG and Parliament rallying behind him, he is untouchable. Therefore, 30% of Singaporeans can only suffer in silence.
If this group of people had a real interest in Singapore, they should also protest against AG's declaration of Wee Kim Wee as our first elected president which was against our common consensus but they didn't.
I wonder why.
This protest against PM Lee is useless because 70% of Singaporeans voted for this one-party system. PM Lee had already declared no abuse of power in the parliament and the parliament fully supported him. With the AG and Parliament rallying behind him, he is untouchable. Therefore, 30% of Singaporeans can only suffer in silence.
If this group of people had a real interest in Singapore, they should also protest against AG's declaration of Wee Kim Wee as our first elected president which was against our common consensus but they didn't.
I wonder why.
Look like Donald Trump is only a 1 term president.
https://sg.news.yahoo.com/trump-losing-public-support-poll-130048321.html
If his public approval rating continues to drop like this, he will only be a 1 term president. Therefore, his focus will be to garner as many business deals as possible for his own business before the party is over.
If his public approval rating continues to drop like this, he will only be a 1 term president. Therefore, his focus will be to garner as many business deals as possible for his own business before the party is over.
Saturday, July 15, 2017
Baltic dry index - 900
Today, Friday, July 14 2017, the Baltic Dry Index climbed by 12 points, reaching 900 points.
Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.
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Related stocks: Sembcorp Marine, Cosco & Pan Ocean
US rig count - 952
HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. remained unchanged this week, staying at 952.
A year ago, just 447 rigs were active.
Houston oilfield services company Baker Hughes said Friday that 765 rigs sought oil and 187 explored for natural gas this week.
Among major oil- and gas-producing states, Texas gained three rigs, Utah increased by two and Colorado and North Dakota each increased by one.
Alaska, Louisiana and Oklahoma each declined by two.
Arkansas, California, Kansas, New Mexico, Ohio, Pennsylvania, West Virginia and Wyoming were all unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May of 2016 at 404.
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Related stocks: Keppel Corp, Sembcorp Marine & Cosco
Friday, July 14, 2017
Bigger container ships bring in more containers into Singapore but with fewer port calls.
http://www.seatrade-maritime.com/news/asia/box-volumes-at-singapore-port-increase-8-5-in-june.html
Singapore increases its container volume by 8.5% at 2.6m TEU in June 2017 compared to 2016. However, the number of ships' calls drop 3.8% month on month to 3378 ships.
http://www.businesstimes.com.sg/energy-commodities/singapore-june-marine-fuel-sales-fall-to-their-lowest-this-year
This conundrum is caused by larger container ships which can carry more TEUs. Therefore, our containers increase but the ship port calls drop which affects the bunker sales.
Singapore increases its container volume by 8.5% at 2.6m TEU in June 2017 compared to 2016. However, the number of ships' calls drop 3.8% month on month to 3378 ships.
http://www.businesstimes.com.sg/energy-commodities/singapore-june-marine-fuel-sales-fall-to-their-lowest-this-year
This conundrum is caused by larger container ships which can carry more TEUs. Therefore, our containers increase but the ship port calls drop which affects the bunker sales.
Climate change will be disastrous for Asia. Find out which countries are the most affected!
http://www.channelnewsasia.com/news/asiapacific/adb-warns-climate-change--disastrous--for-asia-9031202
The Asian countries most affected by climate changes are Myanmar, Philippines, Vietnam, Pakistan and Thailand.
Therefore, think twice before you invest in these countries especially property investments.
The Asian countries most affected by climate changes are Myanmar, Philippines, Vietnam, Pakistan and Thailand.
Therefore, think twice before you invest in these countries especially property investments.
Hahaha! The USA has to get used to China's spy ship now.
https://sg.finance.yahoo.com/news/chinese-spy-ship-reportedly-lurking-051200989.html
When the USA sends its P8A to spy on China, it must also get used to being spied on.
This is a fair game. When you spy on others, you will also be spied on by others. If you go to other people's backyard, other people will also go to your backyard.
When the USA sends its P8A to spy on China, it must also get used to being spied on.
This is a fair game. When you spy on others, you will also be spied on by others. If you go to other people's backyard, other people will also go to your backyard.
Why does Indonesia want to move its Jakarta capital?
http://www.straitstimes.com/asia/se-asia/indonesia-studying-plan-to-relocate-capital
Jakarta is under serious threat from rising sea level and is constantly flooding because 40% of its land is under sea level now. With the breakage of the iceberg in Antarctica, the sea level will rise a further 10cm in the foreseeable future. This is the problem of global warming.
The next capital under siege is Bangkok. Bangkok is sinking about 5cm per year and with the rising sea level, flooding will become a serious threat to this capital. Foreigners who bought BKK condos will have problems cashing out their properties.
Jakarta is under serious threat from rising sea level and is constantly flooding because 40% of its land is under sea level now. With the breakage of the iceberg in Antarctica, the sea level will rise a further 10cm in the foreseeable future. This is the problem of global warming.
The next capital under siege is Bangkok. Bangkok is sinking about 5cm per year and with the rising sea level, flooding will become a serious threat to this capital. Foreigners who bought BKK condos will have problems cashing out their properties.
Thursday, July 13, 2017
Wow! S$100m for a Singapore penthouse!
https://sg.finance.yahoo.com/news/singapore-penthouse-sale-over-72-043611407.html
Are we living in stratospheric or what? When does a Singapore penthouse become so highly priced?
I know Singaporeans won't buy this penthouse because S$100m can get a good class bungalow with a big land.
Any foreigner who can pay $100m for a penthouse is no ordinary person but paying for a Singapore penthouse at this price does sound like an inane decision.
Are we living in stratospheric or what? When does a Singapore penthouse become so highly priced?
I know Singaporeans won't buy this penthouse because S$100m can get a good class bungalow with a big land.
Any foreigner who can pay $100m for a penthouse is no ordinary person but paying for a Singapore penthouse at this price does sound like an inane decision.
One trillion tonne of iceberg broke off Antarctic.
http://www.dailymail.co.uk/sciencetech/article-4688662/Trillion-ton-iceberg-snapped-Antarctic-ice-shelf.html
If larsen C section breaks off in the future, the sea level will increase by 10cm. OMG!
If larsen C section breaks off in the future, the sea level will increase by 10cm. OMG!
Wave energy technology is being developed in China.
http://en.people.cn/n3/2017/0711/c90000-9240120.html
Producing electricity by harnessing sea waves is already happening in China now!
This is the latest renewable energy development after solar and wind.
Kudos to China!
Producing electricity by harnessing sea waves is already happening in China now!
This is the latest renewable energy development after solar and wind.
Kudos to China!
Wednesday, July 12, 2017
Noble Group update.
http://www.straitstimes.com/business/companies-markets/goldilocks-raises-stake-in-noble-group-to-819-from-503
The Noble group has been spiking because of the appearance of a white knight from Abu Dhabi. Goldilocks has accumulated more than 8% share in Noble.
However, Noble is unlikely to recover to its past glory days because of the weak commodities industry. Noble has to sell its golden goose to beef up its financial fundamentals and without the golden goose, it won't be able to make the same incomes like before.
There has to be a major restructuring in the business model now to position itself for the next upturn.
The Noble group has been spiking because of the appearance of a white knight from Abu Dhabi. Goldilocks has accumulated more than 8% share in Noble.
However, Noble is unlikely to recover to its past glory days because of the weak commodities industry. Noble has to sell its golden goose to beef up its financial fundamentals and without the golden goose, it won't be able to make the same incomes like before.
There has to be a major restructuring in the business model now to position itself for the next upturn.
Oil prices may fall below $40!
http://www.cnbc.com/2017/07/11/oil-prices-may-fall-below-40-without-a-clear-buy-signal-goldman-says.html
Why are we not surprised?
We already knew that oil prices won't go higher in the future.
http://sg-stock.blogspot.sg/2017/05/oil-prices-wont-go-higher-in-future.html
Why are we not surprised?
We already knew that oil prices won't go higher in the future.
http://sg-stock.blogspot.sg/2017/05/oil-prices-wont-go-higher-in-future.html
OMG! Islamic law permits sex with animals!
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