http://www.intellasia.net/taiwans-pivot-south-on-track-says-tsai-592740
What a devious woman!
Taiwan is trying to drag Singapore into its fight against China. Singapore is not a pawn and we must not let ourselves be used by Taiwan for its own selfish political gain.
We cannot give more reasons for China to whip Singapore. China is adamant to reduce the strategic importance of Singapore's port by developing its own worldwide port networks so that its goods won't pass by Singapore. Why? This is because SG is helping USA to contain China by providing USA a naval base in SG so that we can seal off strait of Malacca during war time.
https://ig.ft.com/sites/china-ports/
China's crude oil doesn't need to pass through Singapore anymore in April 2017.
http://www.scmp.com/news/china/economy/article/2086837/myanmar-pipeline-gives-china-faster-supply-oil-middle-east
This pipeline is able to move 22m tonnes of oil per year and SG is not able to earn a cent out of it.
China is also going to build a gas pipeline in Myanmar and SG will also be out of the picture.
Wednesday, May 10, 2017
Tuesday, May 9, 2017
Nomura is an unscrupulous company.
https://www.bloomberg.com/news/articles/2017-05-08/ex-nomura-trio-taught-junior-bond-traders-to-lie-u-s-alleges
Be careful when you use Nomura services. The employees will lie to you just to get your business in their own interests and not in your interest.
Be careful when you use Nomura services. The employees will lie to you just to get your business in their own interests and not in your interest.
Chilean navy captured UFO on cam.
http://www.huffingtonpost.com/entry/groundbreaking-ufo-video-just-released-from-chilean_us_586d37bce4b014e7c72ee56b
http://www.dailymail.co.uk/news/article-4095314/It-s-verified-UFO-Chile-release-footage-mystery-object-flying-navy-helicopter-two-year-investigation-fails-explain-it.html
Nobody could explain this flying craft.
http://www.dailymail.co.uk/news/article-4095314/It-s-verified-UFO-Chile-release-footage-mystery-object-flying-navy-helicopter-two-year-investigation-fails-explain-it.html
Nobody could explain this flying craft.
North Korea Kim accused CIA of trying to assassinate him.
http://uk.reuters.com/article/uk-northkorea-usa-idUKKBN181142
I'm confident that CIA is capable of doing that. However, this might be just a false allegation by Kim.
It's hard to know who's telling the truth now.
I'm confident that CIA is capable of doing that. However, this might be just a false allegation by Kim.
It's hard to know who's telling the truth now.
Monday, May 8, 2017
Who was Singapore's first elected President? - Part 2.
https://sg.news.yahoo.com/tan-cheng-bock-files-court-challenge-term-count-elected-presidency-115325926.html
Finally! Someone is standing up to seek the truth when no Singaporean cares about it. An elected president should be a presidential candidate who won with a majority vote count in an open election and not someone who was appointed but exercised presidential power.
Our first elected president will always be Ong Teng Cheong, not Wee Kim Wee. The national library archive is correct.
http://sg-stock.blogspot.sg/2017/02/who-was-singapore-first-elected.html
Finally! Someone is standing up to seek the truth when no Singaporean cares about it. An elected president should be a presidential candidate who won with a majority vote count in an open election and not someone who was appointed but exercised presidential power.
Our first elected president will always be Ong Teng Cheong, not Wee Kim Wee. The national library archive is correct.
http://sg-stock.blogspot.sg/2017/02/who-was-singapore-first-elected.html
Yuuzoo's auditor quitted because of financial concern.
http://www.businesstimes.com.sg/companies-markets/yuuzoo-says-audit-delay-due-to-intense-interaction-with-auditor
This is definitely a warning sign for more troubles to come as perceived valuation of Yuuzoo's franchisee's shares can evaporate like a whiff of smoke. Yuuzoo should be more upfront on the rationale and methodology used to value the shares and the concern raised by the auditor. Why did the auditor disagree with the valuation? Equities received in place of receivables meant that its franchisee was not doing well and couldn't pay the money owed. Therefore, there must be massive writedown of the shares to be used to replace the debt owed to Yuuzoo as the on-going concern was hard to assess.
This is definitely a warning sign for more troubles to come as perceived valuation of Yuuzoo's franchisee's shares can evaporate like a whiff of smoke. Yuuzoo should be more upfront on the rationale and methodology used to value the shares and the concern raised by the auditor. Why did the auditor disagree with the valuation? Equities received in place of receivables meant that its franchisee was not doing well and couldn't pay the money owed. Therefore, there must be massive writedown of the shares to be used to replace the debt owed to Yuuzoo as the on-going concern was hard to assess.
Sunday, May 7, 2017
Massive UFO in France's sky!
Saturday, May 6, 2017
Malaysia is the first to regret for awarding the KL-SG HSR to SG.
http://www.channelnewsasia.com/news/business/capital-controls-high-speed-rail-behind-collapse-of-bandar-8823716
China will not deem any investment to be strategic when it's taken out of the equation. Malaysia had excluded China from the SG-KL HSR project in favour for less experienced partners. Please bear in mind that nobody on this earth had built more HSRs than China.
Therefore, it's no surprise that China doesn't view the whole project as strategic anymore.
China will not deem any investment to be strategic when it's taken out of the equation. Malaysia had excluded China from the SG-KL HSR project in favour for less experienced partners. Please bear in mind that nobody on this earth had built more HSRs than China.
Therefore, it's no surprise that China doesn't view the whole project as strategic anymore.
Baltic dry index - 994
Today, Friday, May 05 2017, the Baltic Dry Index decreased by 10 points, reaching 994 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 - 877
HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. rose by seven this week to 877.
A year ago, only 415 rigs were active amid a slump in energy prices.
Houston oilfield services company Baker Hughes Inc. said Friday that 703 rigs sought oil and 173 explored for natural gas this week. One was listed as miscellaneous.
Texas added six rigs, Louisiana gained four, Alaska and Wyoming were up two each, and Colorado and New Mexico increased by one apiece.
Oklahoma declined by seven rigs while North Dakota, Pennsylvania and West Virginia each lost one.
Arkansas, California, Kansas, Ohio and Utah were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out last May at 404.
============================
Related stocks: Keppel Corp, Sembcorp Marine, Cosco.
Friday, May 5, 2017
Oil prices won't go higher in the future. Here's why!
USA had discovered some big oil fields recently that would put the world's pricing power in its hand.
http://www.rcinet.ca/eye-on-the-arctic/2017/03/10/northern-alaska-oil-discovery-just-got-lot-bigger/
https://www.theguardian.com/environment/2016/nov/17/untapped-oil-texas-permian-basin-900-billion
Coupled with its shale oil technology, it is able to be self-sufficient and export its oil. Therefore, its oil imports will start to dwindle and eventually stop and this will greatly affect the middle east oil markets.
http://www.rcinet.ca/eye-on-the-arctic/2017/03/10/northern-alaska-oil-discovery-just-got-lot-bigger/
https://www.theguardian.com/environment/2016/nov/17/untapped-oil-texas-permian-basin-900-billion
Coupled with its shale oil technology, it is able to be self-sufficient and export its oil. Therefore, its oil imports will start to dwindle and eventually stop and this will greatly affect the middle east oil markets.
Thursday, May 4, 2017
Malaysia and Singapore must be regretting now for not getting China to build the HSR.
http://en.people.cn/n3/2017/0503/c90000-9210265.html
The current HSR speed is around 300km/hr and this current technology will be applied to the HSR between Singapore and Malaysia because not many nations can build HSR at much higher speed.
China's HSR speed will be hitting 400km/hr soon and this will make our current technology an obsolete technology. Passengers who are used to 400km/hr will find our 300km/hr a tad too slow.
China's HSR speed will hit 600km/hr in the future which will be double our current speed now. What a shame for a high-tech country like SG!
The current HSR speed is around 300km/hr and this current technology will be applied to the HSR between Singapore and Malaysia because not many nations can build HSR at much higher speed.
China's HSR speed will be hitting 400km/hr soon and this will make our current technology an obsolete technology. Passengers who are used to 400km/hr will find our 300km/hr a tad too slow.
China's HSR speed will hit 600km/hr in the future which will be double our current speed now. What a shame for a high-tech country like SG!
China has built the first quantum computer in the world!
http://en.people.cn/n3/2017/0503/c90000-9210418.html
China can proclaim that it's the first to build quantum computer now. If USA also manages to build a quantum computer, China can say that USA has stolen the technology.
I'm not surprised that China is the first to build a quantum computer because of its profound understanding of quantum physics. It's the first to produce a quantum satellite and radar too.
Kudos to China! We'll have super fast computers now!
China can proclaim that it's the first to build quantum computer now. If USA also manages to build a quantum computer, China can say that USA has stolen the technology.
I'm not surprised that China is the first to build a quantum computer because of its profound understanding of quantum physics. It's the first to produce a quantum satellite and radar too.
Kudos to China! We'll have super fast computers now!
Wednesday, May 3, 2017
Is North Korea going to do nuclear test soon?
https://sg.news.yahoo.com/activity-resumes-north-korea-nuclear-test-monitor-043456879.html
Let's hope not but satellite images show that there are activities going on.
Let's hope not but satellite images show that there are activities going on.
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