https://www.cnbc.com/2017/07/31/financier-bill-browder-says-vladimir-putin-is-worth-200-billion.html
The richest man in the world is Putin (Russia President). He is estimated to be worth USD$200B.
Wow!
Friday, August 4, 2017
Thursday, August 3, 2017
Iceberg's full report on Noble Group!
https://iceberg-research.com/2017/08/03/noble-group-is-sinking-this-saga-reveals-the-complete-failure-of-the-regulators-in-singapore/
We are also worried about the sustainability of Noble because of its negative cash flow after selling its golden goose assets. Like we said before, Noble's white knight can pull out after getting privy information and fully understand the situation better than ordinary retail investors.
We are also worried about the sustainability of Noble because of its negative cash flow after selling its golden goose assets. Like we said before, Noble's white knight can pull out after getting privy information and fully understand the situation better than ordinary retail investors.
Our local residents committed abduction!
https://sg.news.yahoo.com/two-myanmar-men-trial-attempting-abduct-compatriot-pasir-ris-carpark-112316332.html
Singapore PRs are considered locals by our government.
Indeed, Singaporeans commit more crimes than foreigners as stated by our PM.
Singapore PRs are considered locals by our government.
Indeed, Singaporeans commit more crimes than foreigners as stated by our PM.
China has the best AI now!
http://en.people.cn/n3/2017/0802/c90000-9250209.html
China AI tops Stanford's reading comprehension ranking.
It's an amazing accomplishment because it shows rapid evolution in China's technology.
China AI tops Stanford's reading comprehension ranking.
It's an amazing accomplishment because it shows rapid evolution in China's technology.
Ghost moved ladder in Singapore Changi Terminal 4!
It seems that our readers love to watch ghost video and we've decided to put up another one.
Something weird was happening in Singapore Changi Terminal 4 during construction.
Wednesday, August 2, 2017
President Duterte has killed another mayor and his wife for drug dealings.
http://www.npr.org/2017/07/30/540408626/police-raid-in-philippines-kills-mayor-who-president-had-named-as-drug-suspect
Wow! This president hates drugs to the core. He won't tolerate drug in his parliament. The Ozamis mayor and his family were reported to be involved in drug dealings. The mayor and wife were killed because they resisted police arrest with guns and grenades.
This is the 3rd mayor who was killed in Duterte's drug campaign.
Wow! This president hates drugs to the core. He won't tolerate drug in his parliament. The Ozamis mayor and his family were reported to be involved in drug dealings. The mayor and wife were killed because they resisted police arrest with guns and grenades.
This is the 3rd mayor who was killed in Duterte's drug campaign.
China has presented the factsheet about China-India border. India is speechless now.
http://www.deccanchronicle.com/world/neighbours/020817/withdraw-troops-from-doklam-with-no-strings-attached-china-tells-india.html
India will be speechless now about its incursion into China's territory. I think China wants to set the record straight before embarking on military action as snow will fall in September. China has not much time left to chase Indian troops out of China's territory. August will be the only month suitable for such a military action.
India will be speechless now about its incursion into China's territory. I think China wants to set the record straight before embarking on military action as snow will fall in September. China has not much time left to chase Indian troops out of China's territory. August will be the only month suitable for such a military action.
Yale economic professor and nobel laureate Robert Shiller gave a warning about stock market.
https://www.cnbc.com/2017/07/26/the-market-risk-that-makes-nobel-laureate-robert-shiller-lie-awake.html
The stock market is in a dicey conundrum whereby the PE ratio is high and the volatility is low. His CAPE (Shiller PE Ratio) predicts that the stock market will crash big time whenever it is high. The CAPE is above 30 now and the big crashes are all above 30.
The stock market is in a dicey conundrum whereby the PE ratio is high and the volatility is low. His CAPE (Shiller PE Ratio) predicts that the stock market will crash big time whenever it is high. The CAPE is above 30 now and the big crashes are all above 30.
Tuesday, August 1, 2017
Noble is raising cash just for debt repayments.
https://finance.yahoo.com/news/embattled-trader-noble-group-pays-40-million-bond-052002693--finance.html?_fsig=_SX2GCnSxkXKplqyrZ2A5w--
When a company is raising funds by selling its assets just for the purpose of debt repayments, we know this company is no longer viable because its business model is not generating positive cash flow to sustain its own operational and financial needs.
Cash flow is the most important thing in a sustainable business!
When a company is raising funds by selling its assets just for the purpose of debt repayments, we know this company is no longer viable because its business model is not generating positive cash flow to sustain its own operational and financial needs.
Cash flow is the most important thing in a sustainable business!
The impact of USD falling is already being felt in the oil market.
https://sg-stock.blogspot.sg/2017/07/do-you-notice-that-usd-has-been-falling.html
We can see the correlation between these 2 charts (USD vs Oil price). USD and Oil price have an inverse relationship.
Death knell for virtual currency is bellowing!
https://www.reuters.com/article/us-bitcoin-split-idUSKBN1AG2MF
We will never support virtual currency because it is a flawed concept. Many people just don't understand the concept of money and think that money can be created through technology. Money was not created in the past through technology and it also couldn't be created through technology in the future.
The so-called bitcoin split will cause huge damage to virtual currency because anybody can just do a blockchain split to create free money. Bitcoin miners don't want any blockchain split because it will undermine bitcoins. Bitcoin developers want to create free money out of nothing but don't allow others to use the open source technology to do bitcoin splits to get free money.
Today, we'll have bitcoin and bitcoin cash. In the near future, we'll have bitcoin dollar, bitcoin note, etc. As these developments progress, people will lose confidence in virtual currencies because there are no regulations for these splitting developments. To prevent the loss of confidence, people will start to demand for regulations to protect their investments. Therefore, we'll be back to square one where the same group of people doesn't want regulations in the first place.
We will never support virtual currency because it is a flawed concept. Many people just don't understand the concept of money and think that money can be created through technology. Money was not created in the past through technology and it also couldn't be created through technology in the future.
The so-called bitcoin split will cause huge damage to virtual currency because anybody can just do a blockchain split to create free money. Bitcoin miners don't want any blockchain split because it will undermine bitcoins. Bitcoin developers want to create free money out of nothing but don't allow others to use the open source technology to do bitcoin splits to get free money.
Today, we'll have bitcoin and bitcoin cash. In the near future, we'll have bitcoin dollar, bitcoin note, etc. As these developments progress, people will lose confidence in virtual currencies because there are no regulations for these splitting developments. To prevent the loss of confidence, people will start to demand for regulations to protect their investments. Therefore, we'll be back to square one where the same group of people doesn't want regulations in the first place.
2 armed robberies in Singapore in 2 days recently!
https://sg.news.yahoo.com/armed-robbery-reported-ubi-ave-1-singapore-police-force-042229175.html
https://sg.news.yahoo.com/man-arrested-armed-robbery-upper-bukit-timah-road-petrol-station-report-112543223.html
What is happening to Singapore?
We've a Canadian robbing our standard chartered bank. Now, we've 2 armed robberies yesterday and today!
Singapore is no longer as safe as thought. Singapore has to deal with terrorism and armed robberies now.
https://sg.news.yahoo.com/man-arrested-armed-robbery-upper-bukit-timah-road-petrol-station-report-112543223.html
What is happening to Singapore?
We've a Canadian robbing our standard chartered bank. Now, we've 2 armed robberies yesterday and today!
Singapore is no longer as safe as thought. Singapore has to deal with terrorism and armed robberies now.
Monday, July 31, 2017
Indecent act in public - SMRT.
Please do not do this in our MRT!
Taiwan is flooding again!
This "ponding" is what our minister would describe the situation.
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