Shared bikes business model is a flawed business concept.

Shared bikes businesses are causing problems in a real world.

This type of business model doesn't make sense at all in a real world.
http://fortune.com/2017/03/21/chinese-bike-sharing/

Singapore stock calls for 16 August 2017

World War 4 has started between China & India.

http://www.scmp.com/news/asia/diplomacy/article/2106954/chinese-and-indian-soldiers-said-involved-melee-indian-sources

It was said that WW4 would be fought with rocks because WW3 had destroyed everything.

Look like this is true after all because China and India are fighting with rocks now.  Heehee!

Singapore banks are facing strong headwinds in Oil & Gas sector.

http://www.businesstimes.com.sg/companies-markets/singapore-bank-stocks-battered-by-more-om-bad-news?xtor=EREC-16-1[BT_Newsletter_1]-20170816-[Singapore+bank+stocks+battered+by+more+O%26M+bad+news]&xts=538380

We did state in our previous postings that banks were not forthcoming in their oil & gas loan exposures.

http://sg-stock.blogspot.sg/2017/08/watch-out-for-dbss-2nd-half-earnings.html

They should be more transparent about their loan exposures but they didn't.  This showed that shareholders' accountability is not at the top of their minds and the management just wanted to be hush about the banks' poor performances.

Our poll showed that our readers knew that Wee Kim Wee was not our first elected president.

However, our AGC chose to think otherwise and redefined the common definition of an elected president.

Grey aliens are actually our descendents!

Grey aliens are time travellers from the future to find out the reason for earth annihilation by nuclear weapons.  They are our descendents.

Singapore stock calls for 15 August 2017

Noble group credit rating got downgraded again by S&P and Moody's!

https://www.bloomberg.com/news/articles/2017-08-14/noble-group-facing-higher-risk-of-default-s-p-and-moody-s-say?utm_source=yahoo&utm_medium=bd&utm_campaign=headline&cmpId=yhoo.headline&yptr=yahoo

OMG! The default risk is real....very real!

This is the reason that Noble group got downgraded again.

We're also very negative about Noble group.

Please read our previous postings on Noble group.

North Korea had declared that it would fire 4 missiles in mid august 2017.

http://edition.cnn.com/2017/08/09/politics/north-korea-considering-near-guam-strike/index.html

North Korea had detailed a military plan to fire 4 missiles at a region near Guam in mid August 2017.

Let's see whether North Korea will follow through with its military plan.

Singapore stock calls for 14 August 2017

Watch how China foreign minister lectured Japan foreign minister!

Singapore, please learn from this and don't put itself in Japan's situation.

OMG! China women swat members are as good as our commandos.

Don't belittle China's women swat members.  They can kick your ass!

Reuters produced fake news!

http://en.people.cn/n3/2017/0811/c90883-9253911.html

So many reputable news agencies created fake news this year!  CNN, AFP, Reuters, etc.

This is not the way to increase readership and serve your own political agenda!

The USA is playing the FON theme again!

http://en.people.cn/n3/2017/0811/c90883-9254167.html

What's the point of intruding and getting chased away? If the USA was really in international water, it should stand on its ground.  However, the USA destroyer got chased away.  This FON is just a pseudo theme for provocation.

When will the USA stop the cat and mouse again!

China military leads in International Army Games 2017.

China has portrayed its military prowess in the International Army Games.

Going to a war with China is asking for annihilation.

Baltic dry index - 1138

Today, Friday, August 11 2017, the Baltic Dry Index climbed by 46 points, reaching 1138 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.

========================

Related stocks: Sembcorp Marine, Cosco & Pan Ocean

US rig count - 949

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. decreased by five this week to 949.

A year ago, just 481 rigs were active.

Houston oilfield services company Baker Hughes said Friday that 768 rigs sought oil and 181 explored for natural gas this week.

Among major oil- and gas-producing states, California and New Mexico each increased by one rig.

Texas lost seven rigs and Louisiana decreased by one.

Alaska, Arkansas, Colorado, North Dakota, Ohio, Oklahoma, Pennsylvania, Utah, 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.

=====================

Related stocks: Keppel Corp, Sembcorp Marine & Cosco

Malaysia warns Singapore about its ringgit futures trading.

http://www.channelnewsasia.com/news/singapore/malaysia-s-central-bank-criticises-sgx-s-trading-of-ringgit-9112900

Since SG is a financial hub, SG is able to influence the ringgit movement if the ringgit futures is left unchecked when the trading becomes popular.

Malaysia central bank doesn't want Singapore to affect the ringgit movement.  No wonder Malaysia sent out a message that China radar system would be placed in JB.

We did mention in one of our posts that Malaysia won't be accommodative towards SG because it had China support. Look like Malaysia is getting tough on Singapore now.  I wonder how Malaysia will punish SG if SG refuses to stop the trading of ringgit futures.

http://sg-stock.blogspot.sg/2016/10/malaysia-to-impose-20ringgit-road.html

Singapore stock calls for 11 August 2017

Singapore economy is growing strongly.

https://sg.finance.yahoo.com/news/singapore-economy-grows-much-stronger-011839959.html

Our economy grew 2.9% in the 2nd quarter year on year.  Hooray!

Wait....How come we don't feel the good economic growth?

Well, let's look at the GDP composition.

GDP = G + I + C + Net Export (X - M)

G= Government spending
I = Investments (FDI)
C = Consumption
Net Ex = X - M, Export - Import

GIC will impact Singaporeans more directly than Net Ex.  Net Ex is more like trading which will result in trade surplus or trade deficit for Singapore.

Since C is a negligible component of Singapore GDP as we are a small nation with a small population, we can only rely on GI and Net Ex for boosting our GDP.

However, our good GDP growth is derived primarily from Net Ex this time.  Therefore, we don't feel much impact from the good GDP figure unless you are in the trading industry.