Friday, August 4, 2017
Watch out for DBS's 2nd half earnings report.
http://www.businesstimes.com.sg/companies-markets/dbs-sees-more-provisions-ahead-in-oil-and-gas-portfolio
DBS is obviously not providing enough provision for its exposure to the oil and gas industry. This Indian CEO said the worst was over in Feb 2017. If the worst was already over, why would there be a need for more provision than previous guidance?
http://sg-stock.blogspot.sg/2017/02/will-ezra-affect-dbs-like-swiber-did.html
We were skeptical about its under provision because DBS was not forthcoming with its exposure to Ezra.
DBS is obviously not providing enough provision for its exposure to the oil and gas industry. This Indian CEO said the worst was over in Feb 2017. If the worst was already over, why would there be a need for more provision than previous guidance?
http://sg-stock.blogspot.sg/2017/02/will-ezra-affect-dbs-like-swiber-did.html
We were skeptical about its under provision because DBS was not forthcoming with its exposure to Ezra.
Wow! China is exporting its electricity!
http://www.reuters.com/article/us-myanmar-china-energy-idUSKBN1AK011
Besides exporting its technologies, China is also exporting its electricity to ASEAN. This will at least help some developing countries in meeting their energy needs before they can be self-sufficient by building more power stations.
Besides exporting its technologies, China is also exporting its electricity to ASEAN. This will at least help some developing countries in meeting their energy needs before they can be self-sufficient by building more power stations.
Climate change will decimate India more than anything else.
http://www.aljazeera.com/news/2017/08/south-asia-hot-live-2100-170803041954544.html
India should get its priority right. Climate change will decimate its country and economy more than anything else. India, take my advice and stop invading your neighbours.
India will have a big problem feeding its huge population because its land size is only 1/3 of China. Crops can't grow on parched lands and many parts of India don't have access to potable water. All these problems are of paramount importance to India right now. Time is running out for India!
India should get its priority right. Climate change will decimate its country and economy more than anything else. India, take my advice and stop invading your neighbours.
India will have a big problem feeding its huge population because its land size is only 1/3 of China. Crops can't grow on parched lands and many parts of India don't have access to potable water. All these problems are of paramount importance to India right now. Time is running out for India!
Are you pissed when your government treats you like this?
https://sg.news.yahoo.com/macpherson-rc-apologises-charging-new-citizens-less-community-event-010058507.html
Singapore bred citizens have to pay more than newly converted citizens!
What's next? Singapore bred citizens have to accept lower salaries than newly converted citizens?
Singapore bred citizens have to pay more than newly converted citizens!
What's next? Singapore bred citizens have to accept lower salaries than newly converted citizens?
Wow! Malaysia will have autonomous trains soon!
http://en.people.cn/business/n3/2017/0804/c90778-9250826.html
China is exporting its high technologies to other countries now. Malaysia will have autonomous trains soon and also learn the technology from China.
This is one of the benefits of being China-friendly. Malaysia will overtake Singapore in the future because of China.
China is exporting its high technologies to other countries now. Malaysia will have autonomous trains soon and also learn the technology from China.
This is one of the benefits of being China-friendly. Malaysia will overtake Singapore in the future because of China.
SIA is facing headwinds now!
http://www.todayonline.com/business/sia-introduces-voluntary-no-pay-leave-cabin-crew
Look like economic downturn is coming soon!
SIA is asking its staffs to take no-pay leaves due to an oversupply of manpower. Why? This means that SIA is not getting enough passengers on board its planes which don't require a lot of working staffs. Why are there fewer passengers? Is SIA losing passengers to other airliners or economic downturn is causing passengers to travel lesser? Maybe businesses are turning to web conferences for business meetings and negotiations.
This is something to ponder about seriously.
Look like economic downturn is coming soon!
SIA is asking its staffs to take no-pay leaves due to an oversupply of manpower. Why? This means that SIA is not getting enough passengers on board its planes which don't require a lot of working staffs. Why are there fewer passengers? Is SIA losing passengers to other airliners or economic downturn is causing passengers to travel lesser? Maybe businesses are turning to web conferences for business meetings and negotiations.
This is something to ponder about seriously.
Who is the richest man in the world? Nope, it's not Bill Gates.
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!
The richest man in the world is Putin (Russia President). He is estimated to be worth USD$200B.
Wow!
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
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