Date | Analyst | Code | Company | Last | Target | Call | Percent | Valuation |
01/05/16 | UOB Kay Hian | A17U | A-Reit | 2.25 | 2.64 | Buy | 17.33333333 | |
01/07/16 | Kim Eng | A17U | A-Reit | 2.27 | 2.23 | Hold | -1.762114537 | Yield 7% |
01/08/16 | DBS Vickers | A17U | A-Reit | 2.22 | 2.52 | Buy | 13.51351351 | DCF |
01/25/16 | DIR | A17U | A-Reit | 2.17 | 2.45 | Outperform | 12.90322581 | DDM |
01/25/16 | JP Morgan | A17U | A-Reit | 2.17 | 2.6 | Overweight | 19.8156682 | |
01/25/16 | OCBC | A17U | A-Reit | 2.17 | 2.5 | Buy | 15.20737327 | |
01/26/16 | CIMB | A17U | A-Reit | 2.22 | 2.42 | Add | 9.009009009 | DDM |
01/26/16 | Deutsche | A17U | A-Reit | 2.22 | 2.3 | Hold | 3.603603604 | |
01/26/16 | DIR | A17U | A-Reit | 2.22 | 2.49 | Outperform | 12.16216216 | DDM |
01/26/16 | Nomura | A17U | A-Reit | 2.22 | 2.45 | Buy | 10.36036036 | |
02/02/16 | DMG & Partners | A17U | A-Reit | 2.3 | 2.5 | Buy | 8.695652174 | |
02/02/16 | JP Morgan | A17U | A-Reit | 2.3 | 2.55 | Overweight | 10.86956522 | |
03/07/16 | CIMB | A17U | A-Reit | 2.44 | 2.41 | Hold | -1.229508197 | DDM, Buy @ $2.27 (PB1.1x) |
03/17/16 | Credit Suisse | A17U | A-Reit | 2.42 | 2.5 | Neutral | 3.305785124 | |
03/17/16 | DMG & Partners | A17U | A-Reit | 2.42 | 2.63 | Buy | 8.67768595 | DDM |
03/24/16 | Deutsche | A17U | A-Reit | 2.45 | 2.3 | Hold | -6.12244898 | |
03/28/16 | Kim Eng | A17U | A-Reit | 2.41 | 2.23 | Hold | -7.468879668 | |
03/30/16 | UOB Kay Hian | A17U | A-Reit | 2.42 | 2.64 | Buy | 9.090909091 | |
04/04/16 | OCBC | A17U | A-Reit | 2.38 | 2.5 | Buy | 5.042016807 | |
04/05/16 | Deutsche | A17U | A-Reit | 2.41 | 2.3 | Hold | -4.564315353 | |
04/13/16 | Kim Eng | A17U | A-Reit | 2.42 | 2.6 | Buy | 7.438016529 | Yield 6.3% |
04/27/16 | UOB Kay Hian | A17U | A-Reit | 2.49 | 2.64 | Buy | 6.024096386 | |
05/06/16 | CIMB | A17U | A-Reit | 2.4 | 2.52 | Add | 5 | DDM |
05/06/16 | Credit Suisse | A17U | A-Reit | 2.4 | 2.45 | Neutral | 2.083333333 | |
05/06/16 | DIR | A17U | A-Reit | 2.4 | 2.52 | Outperform | 5 | DDM |
05/06/16 | DMG & Partners | A17U | A-Reit | 2.4 | 2.63 | Buy | 9.583333333 | DDM |
05/06/16 | UOB Kay Hian | A17U | A-Reit | 2.4 | 2.64 | Buy | 10 | DDM |
05/09/16 | OCBC | A17U | A-Reit | 2.41 | 2.58 | Buy | 7.053941909 | |
05/17/16 | Deutsche | A17U | A-Reit | 2.34 | 2.35 | Hold | 0.427350427 | |
05/17/16 | Kim Eng | A17U | A-Reit | 2.34 | 2.57 | Buy | 9.829059829 | |
05/17/16 | Nomura | A17U | A-Reit | 2.34 | 2.5 | Neutral | 6.837606838 | |
05/18/16 | DBS Vickers | A17U | A-Reit | 2.35 | 2.5 | Buy | 6.382978723 | |
06/03/16 | OCBC | A17U | A-Reit | 2.3 | 2.56 | Buy | 11.30434783 | |
06/09/16 | Kim Eng | A17U | A-Reit | 2.34 | 2.63 | Buy | 12.39316239 | |
06/09/16 | Lim & Tan | A17U | A-Reit | 2.34 | 0 | Buy | -100 | |
06/13/16 | DBS Vickers | A17U | A-Reit | 2.32 | 2.5 | Buy | 7.75862069 | |
06/15/16 | UOB Kay Hian | A17U | A-Reit | 2.32 | 2.64 | Buy | 13.79310345 | |
06/22/16 | DMG & Partners | A17U | A-Reit | 2.32 | 2.63 | Buy | 13.36206897 | |
07/01/16 | OCBC | A17U | A-Reit | 2.48 | 2.56 | Buy | 3.225806452 | |
07/04/16 | DMG & Partners | A17U | A-Reit | 2.46 | 2.63 | Buy | 6.910569106 | |
07/08/16 | UOB Kay Hian | A17U | A-Reit | 2.47 | 2.64 | Buy | 6.882591093 | |
07/11/16 | DIR | A17U | A-Reit | 2.45 | 2.35 | Hold | -4.081632653 | DDM |
07/13/16 | DBS Vickers | A17U | A-Reit | 2.48 | 2.55 | Buy | 2.822580645 | |
07/18/16 | UOB Kay Hian | A17U | A-Reit | 2.43 | 2.84 | Buy | 16.87242798 | |
07/19/16 | Credit Suisse | A17U | A-Reit | 2.48 | 2.56 | Neutral | 3.225806452 | |
07/22/16 | CIMB | A17U | A-Reit | 2.49 | 2.61 | Add | 4.819277108 | DDM |
07/22/16 | DIR | A17U | A-Reit | 2.49 | 2.38 | Hold | -4.417670683 | DDM |
07/22/16 | JP Morgan | A17U | A-Reit | 2.49 | 2.65 | Overweight | 6.425702811 | |
07/22/16 | OCBC | A17U | A-Reit | 2.49 | 2.66 | Buy | 6.827309237 | |
07/25/16 | Kim Eng | A17U | A-Reit | 2.53 | 2.7 | Buy | 6.719367589 | |
07/26/16 | Deutsche | A17U | A-Reit | 2.47 | 2.35 | Hold | -4.858299595 | |
08/01/16 | Deutsche | A17U | A-Reit | 2.45 | 2.55 | Hold | 4.081632653 | |
08/01/16 | UOB Kay Hian | A17U | A-Reit | 2.45 | 2.84 | Buy | 15.91836735 | |
08/16/16 | DBS Vickers | A17U | A-Reit | 2.43 | 2.61 | Buy | 7.407407407 | |
08/31/16 | Credit Suisse | A17U | A-Reit | 2.45 | 2.56 | Neutral | 4.489795918 | |
09/13/16 | Credit Suisse | A17U | A-Reit | 2.48 | 2.58 | Neutral | 4.032258065 | |
09/13/16 | DBS Vickers | A17U | A-Reit | 2.48 | 2.61 | Buy | 5.241935484 | |
09/13/16 | OCBC | A17U | A-Reit | 2.48 | 2.66 | Buy | 7.258064516 | |
09/15/16 | Lim & Tan | A17U | A-Reit | 2.38 | 0 | Buy | -100 | |
10/03/16 | DIR | A17U | A-Reit | 2.52 | 2.41 | Hold | -4.365079365 | DDM |
10/21/16 | CIMB | A17U | A-Reit | 2.43 | 2.47 | Hold | 1.646090535 | DDM |
10/21/16 | Credit Suisse | A17U | A-Reit | 2.43 | 2.58 | Neutral | 6.172839506 | |
10/21/16 | DBS Vickers | A17U | A-Reit | 2.43 | 2.65 | Buy | 9.053497942 | DCF |
10/21/16 | OCBC | A17U | A-Reit | 2.43 | 2.67 | Buy | 9.87654321 | |
10/21/16 | UOB Kay Hian | A17U | A-Reit | 2.43 | 2.84 | Buy | 16.87242798 | |
11/08/16 | DBS Vickers | A17U | A-Reit | 2.31 | 2.65 | Buy | 14.71861472 | |
11/08/16 | OCBC | A17U | A-Reit | 2.31 | 2.67 | Buy | 15.58441558 | |
11/14/16 | UOB Kay Hian | A17U | A-Reit | 2.25 | 2.84 | Buy | 26.22222222 | |
11/16/16 | Deutsche | A17U | A-Reit | 2.2 | 2.5 | Hold | 13.63636364 | |
11/16/16 | JP Morgan | A17U | A-Reit | 2.2 | 2.6 | Overweight | 18.18181818 | |
11/18/16 | Nomura | A17U | A-Reit | 2.31 | 2.48 | Buy | 7.359307359 | |
11/24/16 | DIR | A17U | A-Reit | 2.3 | 2.38 | Hold | 3.47826087 | DDM |
12/02/16 | DMG & Partners | A17U | A-Reit | 2.35 | 2.63 | Buy | 11.91489362 | DDM |
12/06/16 | Credit Suisse | A17U | A-Reit | 2.36 | 2.63 | Outperform | 11.44067797 | |
12/06/16 | DBS Vickers | A17U | A-Reit | 2.36 | 2.65 | Buy | 12.28813559 | DCF |
12/06/16 | Kim Eng | A17U | A-Reit | 2.36 | 2.7 | Buy | 14.40677966 | |
12/06/16 | Lim & Tan | A17U | A-Reit | 2.36 | 0 | Buy | -100 | |
12/06/16 | OCBC | A17U | A-Reit | 2.36 | 2.67 | Hold | 13.13559322 | |
12/07/16 | CIMB | A17U | A-Reit | 2.37 | 2.25 | Hold | -5.063291139 | DDM |
12/07/16 | Deutsche | A17U | A-Reit | 2.37 | 2.5 | Hold | 5.485232068 | |
12/09/16 | UOB Kay Hian | A17U | A-Reit | 2.39 | 2.71 | Buy | 13.38912134 | |
12/12/16 | DMG & Partners | A17U | A-Reit | 2.4 | 2.65 | Buy | 10.41666667 | DDM |
12/12/16 | JP Morgan | A17U | A-Reit | 2.4 | 2.6 | Overweight | 8.333333333 | |
01/03/17 | UOB Kay Hian | A17U | A-Reit | 2.27 | 2.71 | Buy | 19.38325991 | DDM |
01/05/17 | Credit Suisse | A17U | A-Reit | 2.31 | 2.63 | Outperform | 13.85281385 | |
01/06/17 | DMG & Partners | A17U | A-Reit | 2.33 | 2.65 | Buy | 13.73390558 | DDM |
01/06/17 | OCBC | A17U | A-Reit | 2.33 | 2.72 | Buy | 16.73819742 | |
01/09/17 | DBS Vickers | A17U | A-Reit | 2.38 | 2.65 | Buy | 11.34453782 | DCF |
01/25/17 | Deutsche | A17U | A-Reit | 2.4 | 2.55 | Hold | 6.25 | |
01/25/17 | OCBC | A17U | A-Reit | 2.4 | 2.68 | Buy | 11.66666667 | |
01/26/17 | CIMB | A17U | A-Reit | 2.4 | 2.31 | Hold | -3.75 | DDM |
01/26/17 | DIR | A17U | A-Reit | 2.4 | 2.38 | Hold | -0.833333333 | DDM |
02/09/17 | Credit Suisse | A17U | A-Reit | 2.42 | 2.63 | Outperform | 8.67768595 | |
02/17/17 | JP Morgan | A17U | A-Reit | 2.47 | 2.65 | Overweight | 7.287449393 | |
02/28/17 | Deutsche | A17U | A-Reit | 2.48 | 2.55 | Hold | 2.822580645 | |
03/02/17 | UOB Kay Hian | A17U | A-Reit | 2.49 | 2.71 | Buy | 8.835341365 | |
03/06/17 | OCBC | A17U | A-Reit | 2.49 | 2.68 | Buy | 7.630522088 | |
03/10/17 | DMG & Partners | A17U | A-Reit | 2.45 | 2.65 | Buy | 8.163265306 | |
03/13/17 | Credit Suisse | A17U | A-Reit | 2.47 | 2.63 | Outperform | 6.477732794 | |
03/17/17 | DBS Vickers | A17U | A-Reit | 2.5 | 2.65 | Buy | 6 | |
03/20/17 | DIR | A17U | A-Reit | 2.5 | 2.44 | Hold | -2.4 | DDM |
04/07/17 | DMG & Partners | A17U | A-Reit | 2.53 | 2.65 | Buy | 4.743083004 | |
04/11/17 | UOB Kay Hian | A17U | A-Reit | 2.52 | 2.71 | Buy | 7.53968254 | |
04/18/17 | DIR | A17U | A-Reit | 2.52 | 2.44 | Hold | -3.174603175 | |
04/18/17 | Kim Eng | A17U | A-Reit | 2.52 | 2.85 | Buy | 13.0952381 | DDM |
04/26/17 | CIMB | A17U | A-Reit | 2.55 | 2.59 | Hold | 1.568627451 | DDM |
04/26/17 | DBS Vickers | A17U | A-Reit | 2.55 | 2.65 | Buy | 3.921568627 | DCF |
04/26/17 | DIR | A17U | A-Reit | 2.55 | 2.45 | Hold | -3.921568627 | DDM |
04/26/17 | DMG & Partners | A17U | A-Reit | 2.55 | 2.73 | Buy | 7.058823529 | DDM |
04/26/17 | OCBC | A17U | A-Reit | 2.55 | 2.66 | Buy | 4.31372549 | |
04/26/17 | UOB Kay Hian | A17U | A-Reit | 2.55 | 2.75 | Buy | 7.843137255 | |
05/02/17 | Kim Eng | A17U | A-Reit | 2.56 | 2.85 | Buy | 11.328125 | |
05/17/17 | Deutsche | A17U | A-Reit | 2.6 | 2.6 | Hold | 0 | |
05/17/17 | UOB Kay Hian | A17U | A-Reit | 2.6 | 2.75 | Buy | 5.769230769 | |
05/18/17 | DBS Vickers | A17U | A-Reit | 2.58 | 2.65 | Buy | 2.713178295 | |
05/25/17 | UOB Kay Hian | A17U | A-Reit | 2.62 | 2.97 | Buy | 13.35877863 | |
06/01/17 | DMG & Partners | A17U | A-Reit | 2.62 | 2.73 | Buy | 4.198473282 | DDM |
06/02/17 | OCBC | A17U | A-Reit | 2.64 | 2.66 | Buy | 0.757575758 | |
06/08/17 | Lim & Tan | A17U | A-Reit | 2.67 | 0 | Buy on weakness | -100 | |
06/12/17 | Kim Eng | A17U | A-Reit | 2.7 | 2.9 | Buy` | 7.407407407 | DDM |
06/21/17 | Credit Suisse | A17U | A-Reit | 2.72 | 2.62 | Neutral | -3.676470588 | |
06/22/17 | Deutsche | A17U | A-Reit | 2.66 | 2.6 | Hold | -2.255639098 | |
06/28/17 | DIR | A17U | A-Reit | 2.66 | 2.45 | Underperform | -7.894736842 | DDM |
07/03/17 | Kim Eng | A17U | A-Reit | 2.61 | 2.9 | Buy | 11.11111111 | DDM |
07/12/17 | DMG & Partners | A17U | A-Reit | 2.58 | 2.73 | Buy | 5.813953488 | |
07/14/17 | Phillip | A17U | A-Reit | 2.59 | 2.86 | Accumulate | 10.42471042 | DDM, PB1.35x FY18 |
07/25/17 | UOB Kay Hian | A17U | A-Reit | 2.7 | 2.97 | Buy | 10 | DDM |
07/26/17 | DBS Vickers | A17U | A-Reit | 2.72 | 2.78 | Buy | 2.205882353 | DCF |
07/28/17 | DIR | A17U | A-Reit | 2.72 | 2.45 | Underperform | -9.926470588 | DDM |
07/28/17 | Credit Suisse | A17U | A-Reit | 2.72 | 2.62 | Neutral | -3.676470588 | |
07/28/17 | DMG & Partners | A17U | A-Reit | 2.72 | 2.9 | Buy | 6.617647059 | DDM |
07/28/17 | OCBC | A17U | A-Reit | 2.72 | 2.66 | Hold | -2.205882353 | |
07/28/17 | CIMB | A17U | A-Reit | 2.72 | 2.71 | Hold | -0.367647059 | DDM |
07/31/17 | UOB Kay Hian | A17U | A-Reit | 2.71 | 2.75 | Buy | 1.47601476 | |
07/31/17 | DBS Vickers | A17U | A-Reit | 2.71 | 2.85 | Buy | 5.166051661 | DCF |
08/03/17 | Kim Eng | A17U | A-Reit | 2.68 | 2.9 | Buy | 8.208955224 | |
08/14/17 | OCBC | A17U | A-Reit | 2.66 | 2.66 | Hold | 0 | |
08/17/17 | UOB Kay Hian | A17U | A-Reit | 2.67 | 2.97 | Buy | 11.23595506 | |
08/22/17 | Phillip | A17U | A-Reit | 2.65 | 2.86 | Accumulate | 7.924528302 | |
08/28/17 | DBS Vickers | A17U | A-Reit | 2.61 | 2.85 | Buy | 9.195402299 | |
09/04/17 | CIMB | A17U | A-Reit | 2.66 | 2.71 | Hold | 1.879699248 | |
09/21/17 | DMG & Partners | A17U | A-Reit | 2.7 | 2.9 | Buy | 7.407407407 | DDM |
09/26/17 | OCBC | A17U | A-Reit | 2.68 | 2.66 | Hold | -0.746268657 | |
09/26/17 | Kim Eng | A17U | A-Reit | 2.68 | 2.9 | Buy | 8.208955224 | |
10/09/17 | Phillip | A17U | A-Reit | 2.69 | 2.86 | Accumulate | 6.319702602 | DDM, PB1.35x FY18 |
10/23/17 | UOB Kay Hian | A17U | A-Reit | 2.72 | 2.97 | Buy | 9.191176471 | DDM |
10/25/17 | Kim Eng | A17U | A-Reit | 2.75 | 2.9 | Buy | 5.454545455 | |
10/31/17 | DMG & Partners | A17U | A-Reit | 2.71 | 2.9 | Buy | 7.011070111 | DDM |
10/31/17 | OCBC | A17U | A-Reit | 2.71 | 2.67 | Hold | -1.47601476 | |
10/31/17 | CIMB | A17U | A-Reit | 2.71 | 2.72 | Hold | 0.36900369 | DDM |
11/01/17 | DBS Vickers | A17U | A-Reit | 2.74 | 2.85 | Buy | 4.01459854 | |
11/09/17 | UOB Kay Hian | A17U | A-Reit | 2.66 | 2.97 | Buy | 11.65413534 |
Friday, November 10, 2017
Ascendas Reit (A-Reit) stock calls
Iphone X will crack on front and back when you drop it.
Just look at the front and back of Iphone X.
No wonder it is very expensive to replace the front & back.
No wonder it is very expensive to replace the front & back.
There is a high chance for Noble Group to restructure its debts.
https://www.bloomberg.com/news/articles/2017-11-09/noble-group-results-reveal-that-trader-s-troubles-are-worsening
Noble lost US1.17B in the last quarter and US$3.05B for the 9-month period in 2017. It has cash of $262M but has net debt of $3.71B.
It is pretty obvious that Noble won't be able to service its debts in the future and is in a dire need to restructure its debts.
Noble lost US1.17B in the last quarter and US$3.05B for the 9-month period in 2017. It has cash of $262M but has net debt of $3.71B.
It is pretty obvious that Noble won't be able to service its debts in the future and is in a dire need to restructure its debts.
Thursday, November 9, 2017
Wednesday, November 8, 2017
Another setback for Apple! Iphone X breaks easily!
https://sg.news.yahoo.com/iphone-x-breakable-expensive-repair-ever-made-090829150.html
The OLED screen breaks easily from a simple drop and it is very expensive to replace. Buy Iphone X at your own risk!
The OLED screen breaks easily from a simple drop and it is very expensive to replace. Buy Iphone X at your own risk!
The USA is likely to get the Aramco IPO.
http://www.dailymail.co.uk/news/article-5058061/Saudi-prince-killed-firefight-resisting-arrest.html
This is not an anti-corruption campaign but a power grabbing fight by the crown prince. He wants to make sure he can stay in power and have absolute power.
I believe the USA will get the Aramco IPO in exchange for Trump's support for the new crown prince.
The real contenders for the Aramco IPO are the USA & HK. However, the USA will have a higher chance because of political reason.
This is not an anti-corruption campaign but a power grabbing fight by the crown prince. He wants to make sure he can stay in power and have absolute power.
I believe the USA will get the Aramco IPO in exchange for Trump's support for the new crown prince.
The real contenders for the Aramco IPO are the USA & HK. However, the USA will have a higher chance because of political reason.
Tuesday, November 7, 2017
Japan is forced to buy more military weapons from the USA.
https://sg.news.yahoo.com/latest-abe-says-trump-had-good-talk-during-091936213.html
After forcing SG to buy Boeing planes, the USA is forcing Japan to buy more military weapons.
This president is truly a businessman. Hahaha!
After forcing SG to buy Boeing planes, the USA is forcing Japan to buy more military weapons.
This president is truly a businessman. Hahaha!
Latest developments in Saudi Arab.
http://edition.cnn.com/2017/11/05/middleeast/saudi-arabia-anti-corruption-list/index.html
The crown prince had embarked on a new anti-corruption campaign that led to the arrests of 17 princes and ministers. This is for power consolidation purpose rather than for the proclaimed intention.
Coincidentally, a Saudi prince was killed after the anti-corruption campaign started.
http://www.bbc.com/news/world-middle-east-41881058
The crown prince had embarked on a new anti-corruption campaign that led to the arrests of 17 princes and ministers. This is for power consolidation purpose rather than for the proclaimed intention.
Coincidentally, a Saudi prince was killed after the anti-corruption campaign started.
http://www.bbc.com/news/world-middle-east-41881058
Monday, November 6, 2017
President Trump humiliated PM Abe in Japan.
https://sg.finance.yahoo.com/news/trump-says-japan-apos-economy-063900916.html
President Trump humiliated PM Abe in Japan and showed that Japan was just a USA's lackey. Japan will always play second fiddle to the USA.
President Trump humiliated PM Abe in Japan and showed that Japan was just a USA's lackey. Japan will always play second fiddle to the USA.
Do not use Apple's face ID. It is not safe!
https://sg.news.yahoo.com/man-unlocks-brother-apos-iphone-093814206.html
If a younger sibling can unlock the face ID of his older sibling's Iphone X, it shows that the face ID is not safe as proclaimed by Apple.
It's still safer to use fingerprint scan. Therefore, there is no point to buy Iphone X.
If a younger sibling can unlock the face ID of his older sibling's Iphone X, it shows that the face ID is not safe as proclaimed by Apple.
It's still safer to use fingerprint scan. Therefore, there is no point to buy Iphone X.
DBS has a 23% profit slide!
https://sg.finance.yahoo.com/news/dbs-q3-profit-surprise-slide-five-low-oil-034836345--finance.html
We did warn about DBS's 2nd half earnings because DBS had been very secretive about its loan exposure to the oil & gas industry.
http://sg-stock.blogspot.sg/2017/08/watch-out-for-dbss-2nd-half-earnings.html
We did warn about DBS's 2nd half earnings because DBS had been very secretive about its loan exposure to the oil & gas industry.
http://sg-stock.blogspot.sg/2017/08/watch-out-for-dbss-2nd-half-earnings.html
Travel alert to Paris!
https://sg.news.yahoo.com/tourists-attacked-chinese-embassy-warns-security-risks-002203871.html
Asians who look like Chinese should be wary about visiting Paris because Paris robbers are targeting Chinese tourists. The Paris robbers cannot differentiate between Chinese nationals and Singaporeans.
The Paris robbers are syndicate members who are well-equipped with weapons and are professionals. How many robbers will use tear gas in their robberies?
Asians who look like Chinese should be wary about visiting Paris because Paris robbers are targeting Chinese tourists. The Paris robbers cannot differentiate between Chinese nationals and Singaporeans.
The Paris robbers are syndicate members who are well-equipped with weapons and are professionals. How many robbers will use tear gas in their robberies?
Sunday, November 5, 2017
President Trump wants Aramco IPO and SGX will stand no chance.
http://www.reuters.com/article/us-trump-asia-aramco-ipo/trump-says-he-spoke-to-saudi-king-about-aramco-they-will-consider-using-u-s-exchanges-idUSKBN1D501X?il=0
SGX will stand no chance for Aramco IPO after Trump spoke to Saudi King.
SGX will stand no chance for Aramco IPO after Trump spoke to Saudi King.
Saturday, November 4, 2017
Indian man raped 18-month toddler! Indian men are beasts!
http://www.dailymail.co.uk/news/article-5046405/Indian-man-arrested-raping-18-month-old-girl.html
Indian men are beasts! As long as they see a hole, they will rape!
https://sg-stock.blogspot.sg/2017/10/here-we-go-again-indian-man-raped-woman.html
Indian men are beasts! As long as they see a hole, they will rape!
https://sg-stock.blogspot.sg/2017/10/here-we-go-again-indian-man-raped-woman.html
Baltic dry index - 1476
Today, Friday, November 3 2017, the Baltic Dry Index decreased by 6 points, reaching 1476 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 - 898
HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. declined by 11 this week to 898.
That's up from the 569 rigs that were active a year ago.
Houston oilfield services company Baker Hughes said Friday that 729 rigs sought oil and 169 explored for natural gas this week.
Among major oil- and gas-producing states, Colorado added four rigs, Texas gained three, while Alaska tacked on two.
Oklahoma lost eight rigs and Louisiana shed four. New Mexico and North Dakota both lost a pair, while Utah dropped one.
Arkansas, California, Ohio, Pennsylvania, West Virginia and Wyoming were 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.
Friday, November 3, 2017
This is what happens to Singapore for supporting the "America First" policy.
https://www.cnbc.com/2017/11/02/broadcom-moving-headquarters-to-us-from-singapore-says-trump.html
Broadcom will move its HQ from SG to USA and Singaporeans will be retrenched. The USA is stealing our jobs now!
Kudos to our government for supporting the "America First" policy.
Broadcom will move its HQ from SG to USA and Singaporeans will be retrenched. The USA is stealing our jobs now!
Kudos to our government for supporting the "America First" policy.
Vietnam and China have resolved the South China Sea dispute.
https://sg.finance.yahoo.com/news/beijing-says-peacefully-resolved-south-054300594.html
This is definitely a great news for Asia because this settlement will leave little room for the USA to exploit and rally against the China.
Vietnam and Philippines have smart leaders to choose their economic developments over the USA's political interest.
This is definitely a great news for Asia because this settlement will leave little room for the USA to exploit and rally against the China.
Vietnam and Philippines have smart leaders to choose their economic developments over the USA's political interest.
SMRT asks its staff to own up for own lapses.
https://sg.news.yahoo.com/smrt-wide-scale-audit-asks-rail-staff-lapses-report-012258295.html
This is really ridiculous! Will the top management own up their lapses too?
When the top management couldn't do it, they expected the ordinary employees to do it.
Lesson learnt: Never get a military man to run the MRT.
This is really ridiculous! Will the top management own up their lapses too?
When the top management couldn't do it, they expected the ordinary employees to do it.
Lesson learnt: Never get a military man to run the MRT.
BOE has hiked the interest rate.
https://www.cnbc.com/2017/11/02/bank-of-england-hikes-rates-for-the-first-time-in-a-decade.html?__source=yahoo%7Cfinance%7Cheadline%7Cheadline%7Cstory&par=yahoo&doc=104814315&yptr=yahoo
Bank of English will continue its rate hiking policy to prevent an overheating economy. This means LIBOR will continue to rise in the future. As London is a major financial hub, its interest rates will also affect other financial products and derivatives internationally. The USA will take consideration of this in view of its own economic conditions and hike its interest rate in December.
Bank of English will continue its rate hiking policy to prevent an overheating economy. This means LIBOR will continue to rise in the future. As London is a major financial hub, its interest rates will also affect other financial products and derivatives internationally. The USA will take consideration of this in view of its own economic conditions and hike its interest rate in December.
Powell is picked as the next Fed Chair.
https://finance.yahoo.com/news/trump-announces-jerome-powell-next-fed-chair-replacing-janet-yellen-190916792.html
Powell is trained as a lawyer with no economic background. This means that he will not deviate from Yellen's policies because he cannot spreadhead any major economic changes due to lack of economic knowledge. There's a high chance that he will set economic policies that will make the FED too tardy in responding to economic challenges. He may be the man who makes the FED to be behind the curve of inflation. Let's see.
Powell is trained as a lawyer with no economic background. This means that he will not deviate from Yellen's policies because he cannot spreadhead any major economic changes due to lack of economic knowledge. There's a high chance that he will set economic policies that will make the FED too tardy in responding to economic challenges. He may be the man who makes the FED to be behind the curve of inflation. Let's see.
Thursday, November 2, 2017
2 F-18s were sent out from an US aircraft carrier to tackle the UFO.
The hypocritical western countries!
https://sg.news.yahoo.com/ousted-catalan-leader-unlikely-return-spain-testify-lawyer-101157875--business.html
When any Asian state wants to gain independence, the western countries will support in the name of democracy. However, when any western state wants to gain independence, the western countries will denounce and condemn.
This is how hypocritical they are!
They want to support Taiwan, Tibet and HK independence but not Catalan or Scotland independence.
When any Asian state wants to gain independence, the western countries will support in the name of democracy. However, when any western state wants to gain independence, the western countries will denounce and condemn.
This is how hypocritical they are!
They want to support Taiwan, Tibet and HK independence but not Catalan or Scotland independence.
Wednesday, November 1, 2017
South Korea to mend relationship with China by making some promises.
http://thechronicleherald.ca/world/1515934-skorea-china-move-to-resolve-disputes-and-hold-summit-talks
South Korea has made some promises to mend the relationship with China.
Promise 1: SK will not install additional THAAD. SK has 6 THAAD systems currently.
Promise 2: SKwill not allow THAAD radar to extend into China's territory to address China security concern.
Promise 3: SKwill not be part of the USA military alliance and will only conduct joint military exercises with the USA. The original USA's intention was to form a military alliance with Japan and SK to contain China.
SK and China will meet to discuss the promises further during the APEC meeting in Vietnam and officiate them in their bilateral communique.
South Korea has made some promises to mend the relationship with China.
Promise 1: SK will not install additional THAAD. SK has 6 THAAD systems currently.
Promise 2: SKwill not allow THAAD radar to extend into China's territory to address China security concern.
Promise 3: SKwill not be part of the USA military alliance and will only conduct joint military exercises with the USA. The original USA's intention was to form a military alliance with Japan and SK to contain China.
SK and China will meet to discuss the promises further during the APEC meeting in Vietnam and officiate them in their bilateral communique.
Singapore condemns New York Terror attack for 8 deaths.
http://www.channelnewsasia.com/news/singapore/singapore-strongly-condemns-new-york-terror-attack-mfa-9365098
Singapore is quick to condemn New York Terror attack for 8 deaths but not for Somalia terror attack with more than 358 deaths. The Somalia terror attack is more severe than NY attack.
A life is a life be it black or white. We must be fair and impartial to all races.
http://sg-stock.blogspot.sg/2017/10/somalia-worst-terrorist-attack-in.html
Singapore is quick to condemn New York Terror attack for 8 deaths but not for Somalia terror attack with more than 358 deaths. The Somalia terror attack is more severe than NY attack.
A life is a life be it black or white. We must be fair and impartial to all races.
http://sg-stock.blogspot.sg/2017/10/somalia-worst-terrorist-attack-in.html
Strange light ball appeared in Russian Sky after Putin tested Satan 2.
http://siberiantimes.com/other/others/news/reports-of-spectacular-ufo-signaled-by-a-giant-glowing-ball-lighting-the-sky-in-northern-siberia/
The Russian government tried to brush it off as the trail of the Satan 2 launch but missiles experts claimed that they had not seen such missile trail before. Therefore, this is definitely an abnormal light ball which cannot be explained.
Tuesday, October 31, 2017
UFO hit an airliner full of NBA players recently.
Therefore, what could have hit the airliner at 30,000 feet without leaving any traces behind?
Real footage of bird collision with plane below but at lower altitude:
What a joke! Catalonian leaders are on the run after gaining independence.
https://sg.finance.yahoo.com/news/catalan-separatists-seeking-refuge-belgium-090000868.html
The Catalonian leaders shouldn't have pushed for independence since they knew the consequence of the outcome. These leaders left Catalan in the lurch after gaining independence and ran away for their own personal safety. The independence has created ramifications for the society and strained relationships in many families because of different political views.
Calatan is a divisive state now because of irresponsible and irrational leaders.
The Catalonian leaders shouldn't have pushed for independence since they knew the consequence of the outcome. These leaders left Catalan in the lurch after gaining independence and ran away for their own personal safety. The independence has created ramifications for the society and strained relationships in many families because of different political views.
Calatan is a divisive state now because of irresponsible and irrational leaders.
Doggy robot will be on sale in China soon!
Russia test fired SATAN 2 nuclear warheads missile recently.
Monday, October 30, 2017
USA has forsaken the Kurds!
https://www.clevelandjewishnews.com/jns/iraqi-kurds-feel-abandoned-by-the-us-as-israel-offers/article_1d433c52-5303-5215-812c-35d2e1290426.html
The Kurds had been staunch supporters of USA actions in the Middle East for over a decade and always responded to the USA's calls for any battles in the Middle East.
However, the USA abandoned the Kurds for its own political interest after using them. The Kurds thought that the USA would support and protect them after the independence referendum because the Kurds fought with their lives in the Middle East alongside the USA.
The USA has been known to be an untrustworthy and unreliable ally but the Kurds take a big leap of faith in the USA and they're suffering the repercussion of this belief. The USA only cares for its own interests and does not care about others. The Kurds have learnt this the hard way with the losses of their lives.
The Kurds had been staunch supporters of USA actions in the Middle East for over a decade and always responded to the USA's calls for any battles in the Middle East.
However, the USA abandoned the Kurds for its own political interest after using them. The Kurds thought that the USA would support and protect them after the independence referendum because the Kurds fought with their lives in the Middle East alongside the USA.
The USA has been known to be an untrustworthy and unreliable ally but the Kurds take a big leap of faith in the USA and they're suffering the repercussion of this belief. The USA only cares for its own interests and does not care about others. The Kurds have learnt this the hard way with the losses of their lives.
China can produce flexible display screens now. Samsung is in trouble!
http://en.people.cn/n3/2017/1030/c90000-9286440.html
China has acquired the technology to mass produce flexible display screens which will give Samsung a run for its money. The prices of AMOLE display will decrease which will benefit consumers but Samsung will take a hit for its AMOLE revenues.
China will definitely ramp up its AMOLE display production to crush Samsung's monopoly.
China has acquired the technology to mass produce flexible display screens which will give Samsung a run for its money. The prices of AMOLE display will decrease which will benefit consumers but Samsung will take a hit for its AMOLE revenues.
China will definitely ramp up its AMOLE display production to crush Samsung's monopoly.
Is SGX being too optimistic or naive in wanting the world's largest IPO?
https://sg.finance.yahoo.com/news/sgx-chief-keeps-eyes-winning-223900206.html
I doubt we can get this Aramco IPO and the CEO is showing his naivety because SGX doesn't have the size and liquidity of other big stock exchanges like NYSE, HKEX and LSE. Low liquidity is often associated with a low valuation.
When Alibaba didn't even want to list on SGX, the world's largest IPO won't come to SGX too. Furthermore, SGX has been losing some big market capitalization companies.
When the top management doesn't know the capital markets well enough, SGX won't be able to go too far in this industry.
I doubt we can get this Aramco IPO and the CEO is showing his naivety because SGX doesn't have the size and liquidity of other big stock exchanges like NYSE, HKEX and LSE. Low liquidity is often associated with a low valuation.
When Alibaba didn't even want to list on SGX, the world's largest IPO won't come to SGX too. Furthermore, SGX has been losing some big market capitalization companies.
When the top management doesn't know the capital markets well enough, SGX won't be able to go too far in this industry.
Saturday, October 28, 2017
Hot news! Catalonia has declared independence!
https://finance.yahoo.com/news/gold-steady-dollar-gains-versus-012826415.html
Catalonia has declared independence and is officially separated from Spain now. Spain's economy will drop by 20% immediately after the separation. Spain is definitely weaker now than before and this phenomenon may spread to other European countries by encouraging other states to obtain autonomy or independence.
Europe may get ramified and become weaker.
Catalonia has declared independence and is officially separated from Spain now. Spain's economy will drop by 20% immediately after the separation. Spain is definitely weaker now than before and this phenomenon may spread to other European countries by encouraging other states to obtain autonomy or independence.
Europe may get ramified and become weaker.
Baltic dry index - 1546
Today, Friday, October 27 2017, the Baltic Dry Index decreased by 9 points, reaching 1546 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 - 909
HOUSTON (AP) - The number of rigs exploring for oil and natural gas in the U.S. declined by four this week to 909.
That's up from the 557 rigs that were active a year ago.
Houston oilfield services company Baker Hughes said Friday that 737 rigs sought oil and 172 explored for natural gas this week.
Among major oil- and gas-producing states, Texas gained five rigs and Oklahoma and Wyoming each increased by one.
Louisiana lost three rigs, North Dakota and West Virginia each declined by two and Alaska, Colorado, Kansas, New Mexico and Pennsylvania each lost one.
Arkansas, California, Ohio and Utah were 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
Friday, October 27, 2017
ECB will cut bond purchases to $30B in Jan 2018.
https://finance.yahoo.com/news/ecb-curb-bond-buying-first-091109975.html
The ECB will purchase fewer bonds than previously stated. The ECB will only purchase 30B bonds instead of 40B bonds in Jan 2018.
Interest rates are definitely rising fast in EU and the USA in 2018.
https://sg-stock.blogspot.sg/2017/10/ecb-will-start-qe-tapering-in-jan-2018.html
Please read our previous posting on interest-rate rising environment.
http://sg-stock.blogspot.sg/2017/03/what-stocks-to-buy-in-interest-rate.html
The ECB will purchase fewer bonds than previously stated. The ECB will only purchase 30B bonds instead of 40B bonds in Jan 2018.
Interest rates are definitely rising fast in EU and the USA in 2018.
https://sg-stock.blogspot.sg/2017/10/ecb-will-start-qe-tapering-in-jan-2018.html
Please read our previous posting on interest-rate rising environment.
http://sg-stock.blogspot.sg/2017/03/what-stocks-to-buy-in-interest-rate.html
Singapore will be issuing its own cryptocurrency after Russia.
https://www.cnbc.com/2017/10/26/singapore-cryptocurrency-blockchain-trial.html?__source=yahoo%7Cfinance%7Cheadline%7Cheadline%7Cstory&par=yahoo&doc=104798494&yptr=yahoo
Just like Russia, Singapore will be issuing its own cryptocurrency which cannot be mined by others.
The demise of bitcoin is coming sooner than thought as ordinary people will move over to the official cryptocurrency, leaving the criminals to use bitcoins.
Just like Russia, Singapore will be issuing its own cryptocurrency which cannot be mined by others.
The demise of bitcoin is coming sooner than thought as ordinary people will move over to the official cryptocurrency, leaving the criminals to use bitcoins.
The USA is doomed to fail in its Asia pivot or rebalancing strategy.
It’s getting harder for the USA to implement the Asia pivot or rebalance strategy now compared to a decade ago.
Why?
This is because China has helped Asian countries to boost their economies and made them prosper with better economic integrations with China. Consequently, China has become the top trading partner of many Asian countries and China is importing a lot of Asian goods. This is something the USA cannot do because the USA wants to export goods and services to Asia.
It will be difficult for the USA to grow its influences in Asia nowadays because the USA cannot replace China’s importance in Asia now. Furthermore, China is building many infrastructures under the BRI in Asia whereas the USA cannot afford to build anything for Asia. Although the USA has been embarking on smearing and fear-mongering campaigns against China, it has been unsuccessful to persuade Asian countries to contain China’s influences.
Asians are mostly peace-loving people except for North Korea, Japan and Vietnam. Therefore, most Asians just want to lead a peaceful and prosperous life which China is promoting.
The USA had been proclaiming the excessive China's claims in South China Sea but it was the USA navy that accompanied China to reclaim those islands in South China Sea after WW2.
China's 9 dashes for South China Sea had been around since 1947. Up till now, about 70 years later, the USA or its supporters cannot cite any incident of China navy or coast guard stopping any commercial vessel from sailing in South China Sea. Therefore, there is no basis for freedom of navigation because there is already freedom of navigation in South China Sea. The evidence is definitely in China's favour. If we just look at the evidence, we know who the troublemaker (USA) is in Asia.
We strive to be objective but we just cannot find a shred of evidence to support the USA's allegation and claim. As we conduct more researches, we find the USA more despicable.
Thursday, October 26, 2017
US Treasury yields had been rising for the past 2 weeks.
Watch out for the 10-year yield since this is the risk-free rate.
Dangers will be lurking when the 10-year yield reaches 3% and the stock markets will react very negatively.
Dangers will be lurking when the 10-year yield reaches 3% and the stock markets will react very negatively.
Wednesday, October 25, 2017
Apple has chosen TSMC as its sole manufacturer for the A12 chips.
http://www.idownloadblog.com/2017/09/29/tsmc-starts-development-apple-a12-chips-iphone-2018/
Apple has chosen TSMC as its sole manufacturer for the A12 chips leaving Samsung out of the game.
However, Samsung will compete with TSMC for the A13 chips.
https://www.fool.com/investing/2017/10/24/apple-could-split-a13-chip-orders-between-2-chip-g.aspx
Apple has chosen TSMC as its sole manufacturer for the A12 chips leaving Samsung out of the game.
However, Samsung will compete with TSMC for the A13 chips.
https://www.fool.com/investing/2017/10/24/apple-could-split-a13-chip-orders-between-2-chip-g.aspx
Great news! Singapore passport is the most powerful in the world now.
https://sg.news.yahoo.com/singapore-now-powerful-passport-world-index-013119189.html
What does this mean?
Basically, it just means that we can go to many countries without applying for VISAs.
That's about it. Don't expect other fringe benefits to be attached to SG passport. We still need to go through the same custom checks like other passports unless you are holding a diplomatic passport.
What does this mean?
Basically, it just means that we can go to many countries without applying for VISAs.
That's about it. Don't expect other fringe benefits to be attached to SG passport. We still need to go through the same custom checks like other passports unless you are holding a diplomatic passport.
China newest politburo standing committee names!
https://sg.finance.yahoo.com/news/meet-men-charge-china-apos-035300501.html
The 7 most powerful men in China are announced after the closure of the 19th party congress.
The 7 most powerful men in China are announced after the closure of the 19th party congress.
Saudi Arabia doesn't believe in bitcoin too.
http://www.marketwatch.com/story/bitcoin-is-enron-in-the-making-saudi-prince-alwaleed-2017-10-23?siteid=yhoof2&yptr=yahoo
Saudi Arabia prince also believes that bitcoin will implode one day. This means that Saudi Arabia won't adopt and legalize bitcoin trading because it doesn't want its citizens to be affected by bitcoin implosion. We can also infer that the Middle East won't legalize bitcoin too.
Saudi Arabia prince also believes that bitcoin will implode one day. This means that Saudi Arabia won't adopt and legalize bitcoin trading because it doesn't want its citizens to be affected by bitcoin implosion. We can also infer that the Middle East won't legalize bitcoin too.
Apple Iphone X shipments are only half as forecasted.
https://finance.yahoo.com/news/apple-iphone-x-shipments-half-111609139.html
Apple does have a problem selling its flagship Iphone X as it is beset with some technical problems and the high price.
Let's see how this will pan out later.
Apple does have a problem selling its flagship Iphone X as it is beset with some technical problems and the high price.
Let's see how this will pan out later.
The 8 immortals that control China, not the 8 deities in the folklore.
No, we are not talking about the famous folklore, "The 8 deities who crossed the sea". We are talking about the 8 powerful families that control China. They control and command all the resources in China such as finance and banking, public utility and transportation, military, etc.
http://www.telegraph.co.uk/news/worldnews/asia/china/9767514/Heirs-of-Communist-Chinas-Eight-Immortals-have-amassed-huge-wealth.html
http://www.zerohedge.com/news/2012-12-26/octagon-oligarchy-meet-chinas-eight-immortals-infographic
Xi Jinping managed to wrestle and gain control from the 8 powerful families with some going downhills while others pledging loyalties to him.
For example, Li Peng's daughter was booted out of the public utility industry in China.
http://www.telegraph.co.uk/news/worldnews/asia/china/9767514/Heirs-of-Communist-Chinas-Eight-Immortals-have-amassed-huge-wealth.html
http://www.zerohedge.com/news/2012-12-26/octagon-oligarchy-meet-chinas-eight-immortals-infographic
Xi Jinping managed to wrestle and gain control from the 8 powerful families with some going downhills while others pledging loyalties to him.
For example, Li Peng's daughter was booted out of the public utility industry in China.
Xi Jinping's leadership looks set to continue after the 19th Party Congress.
Xi Jinping didn't name his successor at the closure of the 19th Party Congress. This means that he will continue to be the leader for the next decade.
Look like the rumour was true after all about Jiang's support for Xi's leadership continuation. Please read our previous post below.
http://sg-stock.blogspot.sg/2017/10/jiang-zemin-lost-political-battle-to-xi.html
Look like the rumour was true after all about Jiang's support for Xi's leadership continuation. Please read our previous post below.
http://sg-stock.blogspot.sg/2017/10/jiang-zemin-lost-political-battle-to-xi.html
Tuesday, October 24, 2017
Russia to issue its own cryptocurrency and this may destroy bitcoins in the future.
https://techcrunch.com/2017/10/15/russia-may-soon-issue-its-own-official-blockchain-based-currency-the-cryptoruble/
Russia will issue its own cryptocurrency which cannot be mined by others and can only be issued by the Russian government.
We did say before in our previous posting that blockchain technology was more useful than the cryptocurrency per se because cryptocurrency was a derivative of blockchain technology.
If more and more countries start to issue their own cryptocurrencies that cannot be mined, bitcoin's value will crash as ordinary people can use the official cryptocurrencies to transfer money. In the end, only criminals will use bitcoins to stay anonymous.
http://sg-stock.blogspot.sg/2017/10/bitcoin-fanatics-dumbest-thing-on-wall.html
Russia will issue its own cryptocurrency which cannot be mined by others and can only be issued by the Russian government.
We did say before in our previous posting that blockchain technology was more useful than the cryptocurrency per se because cryptocurrency was a derivative of blockchain technology.
If more and more countries start to issue their own cryptocurrencies that cannot be mined, bitcoin's value will crash as ordinary people can use the official cryptocurrencies to transfer money. In the end, only criminals will use bitcoins to stay anonymous.
http://sg-stock.blogspot.sg/2017/10/bitcoin-fanatics-dumbest-thing-on-wall.html
Here we go again! Indian man raped woman in broad daylight with onlookers.
https://www.thesun.co.uk/news/4748399/woman-is-raped-in-broad-daylight-on-pavement-as-onlookers-do-nothing-to-stop-sex-beast/
India is a country that doesn't respect women. Any woman in India is just a whore to any Indian man.
Be very careful if you want to visit India or in India!
http://sg-stock.blogspot.sg/2017/10/indian-women-was-gang-raped-at-gun.html
India is a country that doesn't respect women. Any woman in India is just a whore to any Indian man.
Be very careful if you want to visit India or in India!
http://sg-stock.blogspot.sg/2017/10/indian-women-was-gang-raped-at-gun.html
China has started its autonomous electric bus road test recently.
Sigh! What is SG doing? Our government is focusing on diabetics, preschooling and technology embracement.
No wonder our MRT is breaking down so frequently and we've "ponding" at Bishan MRT.
China is really a high technology country.
No wonder the China people are laughing at SG for being so outdated and low-tech.
Monday, October 23, 2017
Italy is on the verge of breaking up after Spain.
https://www.reuters.com/article/us-italy-politics-referendum/italian-regions-vote-in-favor-of-autonomy-in-shadow-of-catalonia-crisis-idUSKBN1CR0EY
The domino effect is happening. Some parts of Italy also want to gain independence after Catalan's independence vote.
If Europe allows Catalan's independence, there won't be any reason to stop others from following suit. Catalan will be kicked out of Europe after independence and has to pay high taxes for its goods and services. No FTA for Catalan!
The domino effect is happening. Some parts of Italy also want to gain independence after Catalan's independence vote.
If Europe allows Catalan's independence, there won't be any reason to stop others from following suit. Catalan will be kicked out of Europe after independence and has to pay high taxes for its goods and services. No FTA for Catalan!
Abe won the Japan election on Sunday.
https://sg.finance.yahoo.com/news/japan-apos-leader-just-won-042200543.html
He won because his opposition was too weak but Abe's support was just as weak as before. Nothing much changes because abenomics policies don't work anymore. Abe prefers to focus on the pacifist constitution reforms instead of the economic reforms.
https://www.reuters.com/article/us-japan-election/japans-abe-to-push-pacifist-constitution-reform-after-strong-election-win-idUSKBN1CS0C3
Abe wants to have the prerogative to start a war!
He won because his opposition was too weak but Abe's support was just as weak as before. Nothing much changes because abenomics policies don't work anymore. Abe prefers to focus on the pacifist constitution reforms instead of the economic reforms.
https://www.reuters.com/article/us-japan-election/japans-abe-to-push-pacifist-constitution-reform-after-strong-election-win-idUSKBN1CS0C3
Abe wants to have the prerogative to start a war!
Noble will report a loss of $1.2B in Q3.
https://sg.finance.yahoo.com/news/noble-group-sell-oil-liquids-business-vitol-580-001536214--finance.html
Q2 2017 = $1.75B loss
Q3 2017 = $1.2B loss
How long do you think Noble can last after losing close to $3B in just 2 quarters?
The cash proceeds from this sale will be $580M which are still much lesser than its debt of more than $3B.
Noble is burning cash pretty fast!
Q2 2017 = $1.75B loss
Q3 2017 = $1.2B loss
How long do you think Noble can last after losing close to $3B in just 2 quarters?
The cash proceeds from this sale will be $580M which are still much lesser than its debt of more than $3B.
Noble is burning cash pretty fast!
Sunday, October 22, 2017
The truth behind Li Ka Shing's divestment in China.
Why did Li Ka Shing cash out of China?
Li Ka Shing was trying to avoid being persecuted by Xi Jinping for bribery in China and had no choice but to cash out of China. Li Ka Shing's divestment was not due to any loss of confidence in China economic growth as China was still growing pretty well and the property market was still on an upward trend after his divestment.
Li Ka Shing started to do very well in the property developments in China after getting to know Jiang Zemin whilst Jiang was still in power. Li Ka Shing transferred one of his subsidiaries' shares to Jiang's son in exchange for a property development in China and that exchange was the first major pot of gold for Jiang. Thereafter, there were many exchanges of favours and monetary rewards between them including the expeditious capture of the Li son's kidnapper in China.
However, things began to change after Xi's ascension to power. Xi embarked on his corruption-fighting campaign after becoming the leader and also wrestled with Jiang because Xi discovered Jiang's intention to get rid of Xi. Jiang regretted his decision to support Xi because Xi was more upright than he thought.
Therefore, Li Ka Shing quickly cashed out of China and moved his HQ to London from HK. As we all know, HK is part of China and Li Ka Shing doesn't want to take the risk.
Li Ka Shing was trying to avoid being persecuted by Xi Jinping for bribery in China and had no choice but to cash out of China. Li Ka Shing's divestment was not due to any loss of confidence in China economic growth as China was still growing pretty well and the property market was still on an upward trend after his divestment.
Li Ka Shing started to do very well in the property developments in China after getting to know Jiang Zemin whilst Jiang was still in power. Li Ka Shing transferred one of his subsidiaries' shares to Jiang's son in exchange for a property development in China and that exchange was the first major pot of gold for Jiang. Thereafter, there were many exchanges of favours and monetary rewards between them including the expeditious capture of the Li son's kidnapper in China.
However, things began to change after Xi's ascension to power. Xi embarked on his corruption-fighting campaign after becoming the leader and also wrestled with Jiang because Xi discovered Jiang's intention to get rid of Xi. Jiang regretted his decision to support Xi because Xi was more upright than he thought.
Therefore, Li Ka Shing quickly cashed out of China and moved his HQ to London from HK. As we all know, HK is part of China and Li Ka Shing doesn't want to take the risk.
Jiang Zemin lost the political battle to Xi Jinping.
A picture really tells a thousand words.
Despite Jiang's flailing condition, he had to attend Xi's presentation in the 19th Communist Party Congress to give the face to Xi. In fact, Jiang could have excused himself from the Party Congress based on his poor health.
We still could tell that Jiang and Xi had an acrimonious relationship because Xi didn't bother to help Jiang to be seated. Xi just stood there like a statue without displaying any kind gesture.
It's pretty obvious who won the political battle in China.
There is a rumour circulating that Jiang and Xi have reached a settlement in secrecy. Xi will not persecute Jiang for corruption and also spare his 2 sons in exchange for the support in Xi's leadership continuation.
http://sg-stock.blogspot.sg/2017/07/political-battles-are-playing-out-in.html
Despite Jiang's flailing condition, he had to attend Xi's presentation in the 19th Communist Party Congress to give the face to Xi. In fact, Jiang could have excused himself from the Party Congress based on his poor health.
We still could tell that Jiang and Xi had an acrimonious relationship because Xi didn't bother to help Jiang to be seated. Xi just stood there like a statue without displaying any kind gesture.
It's pretty obvious who won the political battle in China.
There is a rumour circulating that Jiang and Xi have reached a settlement in secrecy. Xi will not persecute Jiang for corruption and also spare his 2 sons in exchange for the support in Xi's leadership continuation.
http://sg-stock.blogspot.sg/2017/07/political-battles-are-playing-out-in.html
Saturday, October 21, 2017
US fiscal deficit in 2017 - USD$666B
http://www.marketwatch.com/story/us-ends-fiscal-2017-with-666-billion-budget-deficit-2017-10-20
https://sg-stock.blogspot.sg/2017/09/trump-us5t-tax-plan-wont-get-passed.html
The US fiscal deficit in 2017 is already USD$666b. Trump tax plan will add more to its current deficit. However, the Senate only managed to pass the deficit of USD$1.5T in the next decade. Therefore, Trump couldn't get his $5T tax plan fully implemented.
https://sg-stock.blogspot.sg/2017/09/trump-us5t-tax-plan-wont-get-passed.html
Baltic dry index - 1578
Today, Friday, October 20 2017, the Baltic Dry Index decreased by 4 points, reaching 1578 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 - 913
HOUSTON (AP) - The number of rigs exploring for oil and natural gas in the U.S. declined by 15 this week to 913.
That's up from the 553 rigs that were active a year ago.
Houston oilfield services company Baker Hughes said Friday that 736 rigs sought oil and 177 explored for natural gas this week.
Among major oil- and gas-producing states, Texas lost eight rigs, Alaska and Wyoming each declined by two and New Mexico and Utah each lost one.
Arkansas, California, Colorado, Kansas, Louisiana, North Dakota, Ohio, Oklahoma, Pennsylvania and West Virginia were 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
Friday, October 20, 2017
UK has no prerogative to meddle in HK's affairs.
https://www.theguardian.com/uk-news/2017/oct/18/uk-summons-chinese-ambassador-after-british-activist-barred-benedict-rogers-barred-hong-kong#img-1
HK is part of China and UK has no prerogative to meddle in HK's affairs. HK's autonomy is not defined by the UK.
How would UK feel if China demands the UK to give Scotland independence?
HK is part of China and UK has no prerogative to meddle in HK's affairs. HK's autonomy is not defined by the UK.
How would UK feel if China demands the UK to give Scotland independence?
China GDP grew at 6.8% in Q3.
http://www.thestar.com.my/business/business-news/2017/10/19/china-q3-gdp-grows-6pt8pct-on-year-in-line-with-forecasts/
This was quite close to what was estimated at 7%.
Let's hope that China can continue the momentum till the end of the year.
http://sg-stock.blogspot.sg/2017/10/chinas-economy-is-powering-ahead-with.html
This was quite close to what was estimated at 7%.
Let's hope that China can continue the momentum till the end of the year.
http://sg-stock.blogspot.sg/2017/10/chinas-economy-is-powering-ahead-with.html
UOB has just marked down its O&G loans by 70-80%.
https://sg.finance.yahoo.com/news/uob-burdened-toxic-loans-o-044300079.html
This showed that our banks had been too optimistic about the recovery in the O&G industry in the past.
Let's see what DBS & OCBC will do.
We did warn about such optimism and the banks were not forthcoming with O&G loan exposures.
http://sg-stock.blogspot.sg/2017/08/singapore-banks-are-facing-strong.html
This showed that our banks had been too optimistic about the recovery in the O&G industry in the past.
Let's see what DBS & OCBC will do.
We did warn about such optimism and the banks were not forthcoming with O&G loan exposures.
http://sg-stock.blogspot.sg/2017/08/singapore-banks-are-facing-strong.html
Thursday, October 19, 2017
ECB will start QE tapering in Jan 2018.
https://sg.finance.yahoo.com/news/ecb-gently-trim-asset-buys-delicate-messaging-act-063209193--business.html
ECB will start reducing bond purchases by $20B euros in Jan 2018. The bond purchases will reduce from $60b to $40b in Jan 2018 and will continue to reduce gradually over time.
ECB will start reducing bond purchases by $20B euros in Jan 2018. The bond purchases will reduce from $60b to $40b in Jan 2018 and will continue to reduce gradually over time.
Spain to suspend Catalan autonomy.
https://in.news.yahoo.com/spain-moves-suspend-catalan-autonomy-094803353.html
https://qz.com/1106478/catalonia-independence-crisis-spain-plans-to-invoke-article-155-and-impose-direct-rule/?utm_source=YPL&yptr=yahoo
The Spanish move will definitely spark more instabilities in Catalan and the Spain stock market.
https://qz.com/1106478/catalonia-independence-crisis-spain-plans-to-invoke-article-155-and-impose-direct-rule/?utm_source=YPL&yptr=yahoo
The Spanish move will definitely spark more instabilities in Catalan and the Spain stock market.
HNA to delist CWT from SGX after Nov 2.
http://www.businesstimes.com.sg/companies-markets/cwt-to-be-delisted-after-nov-2-as-hnas-control-crosses-90
Goodbye CWT!
Another client has left SGX. Sigh!
Goodbye CWT!
Another client has left SGX. Sigh!
SGX doesn't understand the capital market!
Why do I say that?
Just look at the flopped collaborative agreements in the past.
SGX-CLOB failed!
SGX-ASX failed!
SGX-TWSE failed!
SGX-ASEAN failed!
https://www.theedgesingapore.com/asean-trading-linkage-quietly-shuts-down
The SGX has just signed another collaborative agreement with Nasdaq. Needless to say, it will flop too because no company will want to list on SGX when it can list on Nasdaq. This win-lose collaboration will benefit Nasdaq more than SGX.
https://www.thestreet.com/story/14347895/1/nasdaq-singapore-s-sgx-announce-agreement.html?puc=yahoo&cm_ven=YAHOO&yptr=yahoo
SGX just doesn't understand the capital market and stock trading exchange well enough. It removed and reinstated the lunch break, kept changing the bid/sell spreads, etc. No wonder SGX is losing its listed clients more than it is attracting the IPOs.
Just look at the flopped collaborative agreements in the past.
SGX-CLOB failed!
SGX-ASX failed!
SGX-TWSE failed!
SGX-ASEAN failed!
https://www.theedgesingapore.com/asean-trading-linkage-quietly-shuts-down
The SGX has just signed another collaborative agreement with Nasdaq. Needless to say, it will flop too because no company will want to list on SGX when it can list on Nasdaq. This win-lose collaboration will benefit Nasdaq more than SGX.
https://www.thestreet.com/story/14347895/1/nasdaq-singapore-s-sgx-announce-agreement.html?puc=yahoo&cm_ven=YAHOO&yptr=yahoo
SGX just doesn't understand the capital market and stock trading exchange well enough. It removed and reinstated the lunch break, kept changing the bid/sell spreads, etc. No wonder SGX is losing its listed clients more than it is attracting the IPOs.
Tuesday, October 17, 2017
North Korea warns of a nuclear war!
https://sg.news.yahoo.com/nuclear-war-may-break-time-warns-north-korea-042811050.html
I hope there won't be a nuclear war in Asia as this will cause devastations.
The USA softens its stance after NK warning which is a good news for Asia.
https://sg.news.yahoo.com/u-not-ruling-eventual-direct-talks-north-korea-024603566.html
I hope there won't be a nuclear war in Asia as this will cause devastations.
The USA softens its stance after NK warning which is a good news for Asia.
https://sg.news.yahoo.com/u-not-ruling-eventual-direct-talks-north-korea-024603566.html
Bitcoin fanatics: Dumbest thing on wall street.
https://www.thestreet.com/story/14340563/1/dumbest-thing-on-wall-street-bitcoin.html
Bitcoin fanatics really don't know what they're saying.
They try to use the Wi-Fi analogy to say that Bitcoin is as useful as Wi-Fi but Bitcoin is not Wi-Fi. Wi-Fi is a technology but bitcoin is a derivative of a technology. The technology behind Bitcoin is Blockchain, an open digital ledger.
One of the derivatives of Wi-Fi is wireless files transfer. Therefore, Bitcoin is just like a wireless files transfer if we want to make a compatible comparison. We use wifi everyday but not wireless files transfer. Therefore, bitcoin is not as important and useful as what the fanatics portend it to be. It is the blockchain technology that we're interested in, not bitcoin.
Anyway, Wi-Fi is already outdated because there is Li-Fi now.
It's time for the fanatics to wake up from their dreams.
Bitcoin fanatics really don't know what they're saying.
They try to use the Wi-Fi analogy to say that Bitcoin is as useful as Wi-Fi but Bitcoin is not Wi-Fi. Wi-Fi is a technology but bitcoin is a derivative of a technology. The technology behind Bitcoin is Blockchain, an open digital ledger.
One of the derivatives of Wi-Fi is wireless files transfer. Therefore, Bitcoin is just like a wireless files transfer if we want to make a compatible comparison. We use wifi everyday but not wireless files transfer. Therefore, bitcoin is not as important and useful as what the fanatics portend it to be. It is the blockchain technology that we're interested in, not bitcoin.
Anyway, Wi-Fi is already outdated because there is Li-Fi now.
It's time for the fanatics to wake up from their dreams.
China won't be using normal MRTs in the future.
Singapore non-oil domestic exports (NODX) - Part 6
Singapore NODX decreased 1.1% in September YOY.
Year on year changes:
Year on year changes:
September 2017: -1.1%
August 2017: 16.7%
July 2017: 8.5%
June 2017: 8.2%
May 2017: -1.2%
Apr 2017: -0.7%
Mar 2017: 16.5%
Feb 2017: 21.1%
Jan 2017: 8.6%
Dec 2016: 9.1%
Nov 2016: 15.6%
May 2017: -1.2%
Apr 2017: -0.7%
Mar 2017: 16.5%
Feb 2017: 21.1%
Jan 2017: 8.6%
Dec 2016: 9.1%
Nov 2016: 15.6%
Somalia worst terrorist attack in decades.
https://www.theguardian.com/world/2017/oct/15/truck-bomb-mogadishu-kills-people-somalia
A truck bomb had just killed more than 300 people in Somalia last Saturday but not many news media reported it.
Whether the victims are black, white, yellow or brown, we must express abhorrence towards such terrorism of killing innocent lives.
A truck bomb had just killed more than 300 people in Somalia last Saturday but not many news media reported it.
Whether the victims are black, white, yellow or brown, we must express abhorrence towards such terrorism of killing innocent lives.
Subscribe to:
Posts (Atom)