Monday, October 16, 2017
New downturn MRT open house encountered service disruptions.
http://www.todayonline.com/singapore/train-delay-blights-downtown-line-open-house
We cannot even make our MRT work properly nowadays!
The top management always blames the lower ranked employees for not doing the job well.
If you've been living in China, you will know that China MRTs carry more people than SG but they won't break down like our MRTs.
How can we expect to have a proper working KL-SG HSR?
We cannot even make our MRT work properly nowadays!
The top management always blames the lower ranked employees for not doing the job well.
If you've been living in China, you will know that China MRTs carry more people than SG but they won't break down like our MRTs.
How can we expect to have a proper working KL-SG HSR?
North Korea and South Korea won't hold talks in Russia.
https://sg.finance.yahoo.com/news/north-korea-not-ready-hold-talks-south-korea-092549896.html
It is not surprising that NK is unwilling to talk to SK. We did state the reason for this impasse in our previous posting below.
https://sg-stock.blogspot.sg/2017/09/south-korea-seeks-russias-help-to.html
It is not surprising that NK is unwilling to talk to SK. We did state the reason for this impasse in our previous posting below.
https://sg-stock.blogspot.sg/2017/09/south-korea-seeks-russias-help-to.html
Global inflation is coming because China PPI is spiking!
https://sg.finance.yahoo.com/news/china-september-producer-prices-jump-most-six-months-023245562--finance.html
China PPI rose 6.9% in September year-on-year! It is only a matter of time that China will export inflation to the world. Therefore, it is right for FED to raise interest rate in December.
China PPI rose 6.9% in September year-on-year! It is only a matter of time that China will export inflation to the world. Therefore, it is right for FED to raise interest rate in December.
China's economy is powering ahead with an estimate of 7% in H2.
https://sg.finance.yahoo.com/news/chinas-pboc-chief-sees-7-percent-gdp-growth-034417545--business.html
It's nice to see China powering ahead with good economic growth because China is our largest trading partner. SG can just ride on China's prosperity and prosper together.
Cheers!
It's nice to see China powering ahead with good economic growth because China is our largest trading partner. SG can just ride on China's prosperity and prosper together.
Cheers!
Saturday, October 14, 2017
OMG! Apple Iphones may be banned in China!
https://www.theverge.com/2017/10/13/16472908/qualcomm-iphone-sales-ban-lawsuit-china
Qualcomm has applied to a China court to ban Iphones in China. If this injunction gets passed, Apple stock prices will crash because China is Apple's largest market outside the USA.
Qualcomm has applied to a China court to ban Iphones in China. If this injunction gets passed, Apple stock prices will crash because China is Apple's largest market outside the USA.
Bitcoin trading analysis!
Why was there a rumour that China would resume bitcoin trading soon?
http://sg-stock.blogspot.sg/2017/10/bitcoin-soars-to-all-time-high.html
The reason is simple: The Japanese investors are trying to cash out by making the bitcoin prices spike higher.
If you look at the historical events in bitcoin trading, you would realize that the USA started trading bitcoins at less than $1000. Thereafter, the Chinese traded bitcoins at $1000+ and cashed out at $4000+ because of China regulations. Then, Japan legalized bitcoin trading and the Japanese traded bitcoins at around $4000+. Therefore, the Japanese investors have to make the bitcoins trade higher so that they can cash out. This is akin to the passing of the baton game and the last guy who holds the baton will get the penalty.
http://sg-stock.blogspot.sg/2017/10/bitcoin-soars-to-all-time-high.html
The reason is simple: The Japanese investors are trying to cash out by making the bitcoin prices spike higher.
If you look at the historical events in bitcoin trading, you would realize that the USA started trading bitcoins at less than $1000. Thereafter, the Chinese traded bitcoins at $1000+ and cashed out at $4000+ because of China regulations. Then, Japan legalized bitcoin trading and the Japanese traded bitcoins at around $4000+. Therefore, the Japanese investors have to make the bitcoins trade higher so that they can cash out. This is akin to the passing of the baton game and the last guy who holds the baton will get the penalty.
Baltic dry index - 1485
Today, Friday, October 13 2017, the Baltic Dry Index climbed by 27 points, reaching 1485 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 - 928
HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. declined by eight this week to 928.
That's up from the 539 rigs that were active a year ago.
Houston oilfield services company Baker Hughes said Friday that 743 rigs sought oil and 185 explored for natural gas this week.
Among major oil- and gas-producing states, Alaska, Kansas, North Dakota and Pennsylvania each gained one rig.
Texas lost four rigs, Oklahoma declined by three, California lost two and Louisiana and West Virginia each declined by one.
Arkansas, Colorado, New Mexico, Ohio, Utah 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, October 13, 2017
The troublemaker, USA, lost the war in Syria to Russia.
http://www.newsweek.com/us-lost-war-syria-iran-russia-winning-final-battle-674833
Who and what started the war in Syria in the first place?
The USA was the one who created the war in Syria by trying to topple the Syrian government. Then, it roped the UK into the tussle against Syria to gain a stronger foothold. The USA & UK were trying to control the Middle East by establishing more proxies but the Russian thwarted the plan. In the end, it was the Russian who managed to gain control of Syria. The USA and UK can no longer decide on Syria today because of the Russian's intervention.
In a nutshell, the USA, UK and Russia are the countries that created the mess in Syria for their own political interests.
China knew exactly what was going on in Syria and censured the UK in the UN. The UK couldn't rebut China because it was guilty as charged.
http://www.china-un.org/eng/hyyfy/t1452588.htm
Quote:
"Lastly, I should like to point out once again that it is totally unacceptable for the British representative to publicly distort the solemn position of another country in the Council Chamber. His logic is untenable. We hope that, on the issue of chemical weapons, on which the international community is in consensus, he will stop using the Security Council in an abusive manner for his own political purposes, as that is not in the interest of the Syrian people, and that, in the future, the British representative will refrain from such practices."
End Quote.
Who and what started the war in Syria in the first place?
The USA was the one who created the war in Syria by trying to topple the Syrian government. Then, it roped the UK into the tussle against Syria to gain a stronger foothold. The USA & UK were trying to control the Middle East by establishing more proxies but the Russian thwarted the plan. In the end, it was the Russian who managed to gain control of Syria. The USA and UK can no longer decide on Syria today because of the Russian's intervention.
In a nutshell, the USA, UK and Russia are the countries that created the mess in Syria for their own political interests.
China knew exactly what was going on in Syria and censured the UK in the UN. The UK couldn't rebut China because it was guilty as charged.
http://www.china-un.org/eng/hyyfy/t1452588.htm
Quote:
"Lastly, I should like to point out once again that it is totally unacceptable for the British representative to publicly distort the solemn position of another country in the Council Chamber. His logic is untenable. We hope that, on the issue of chemical weapons, on which the international community is in consensus, he will stop using the Security Council in an abusive manner for his own political purposes, as that is not in the interest of the Syrian people, and that, in the future, the British representative will refrain from such practices."
End Quote.
ECB is concerned about cryptocurrency and may take action against it.
https://uk.reuters.com/article/us-eu-bitcoin-mersch/ecb-concerned-virtual-currencies-may-not-be-sufficiently-guaranteed-idUKKBN1CI13V
China, South Korea and Russia have taken actions against cryptocurrency. Europe will be joining the foray against cryptocurrency soon.
China, South Korea and Russia have taken actions against cryptocurrency. Europe will be joining the foray against cryptocurrency soon.
SPH is shutting down Asiaone website.
https://sg.news.yahoo.com/sph-news-aggregator-site-asiaone-close-090754309.html
SPH doesn't know how to grow its web media business despite having a complete monopoly in Singapore. Therefore, it is resorting to cutting manpower, closing down money-losing operation and venturing into the property business.
When SPH is ranked no. 151 out of 180 in the world press freedom ranking in 2017, it is hard to impose a subscription on readers as readers can read better quality news online for free.
https://rsf.org/en/ranking
SPH doesn't know how to grow its web media business despite having a complete monopoly in Singapore. Therefore, it is resorting to cutting manpower, closing down money-losing operation and venturing into the property business.
When SPH is ranked no. 151 out of 180 in the world press freedom ranking in 2017, it is hard to impose a subscription on readers as readers can read better quality news online for free.
https://rsf.org/en/ranking
Bitcoin soars to an all time high!
http://www.marketwatch.com/story/bitcoin-soars-to-a-new-all-time-high-above-5100-2017-10-12?siteid=yhoof2&yptr=yahoo
This is obviously the work of someone or a syndicate spreading a rumour that China will allow bitcoin trading to resume soon which sparks the spike in bitcoin price.
China will never do a policy u-turn in such a short time.
Bitcoin is just a manipulated commodity by a small group of people.
This is obviously the work of someone or a syndicate spreading a rumour that China will allow bitcoin trading to resume soon which sparks the spike in bitcoin price.
China will never do a policy u-turn in such a short time.
Bitcoin is just a manipulated commodity by a small group of people.
Apple is facing significant headwinds for its flagship Iphones!
https://finance.yahoo.com/news/iphone-8-already-sold-discount-china-154113017.html
China has started to offer discounts for Iphone 8 due to the poor sales and people are doubtful about the Iphone X now.
Apple is in troubles now! It will drag its suppliers down too.
China has started to offer discounts for Iphone 8 due to the poor sales and people are doubtful about the Iphone X now.
Apple is in troubles now! It will drag its suppliers down too.
Great news! Singapore is growing exceptionally strong in the 3rd quarter.
http://www.channelnewsasia.com/news/singapore/strong-manufacturing-drives-singapore-gdp-growth-to-4-6-in-q3-9304566
SG is growing strongly at 4.6% in Q3 year-on-year compared to 2.4% in Q2.
Hopefully, this year will be a better year than last year. Cheers!
SG is growing strongly at 4.6% in Q3 year-on-year compared to 2.4% in Q2.
Hopefully, this year will be a better year than last year. Cheers!
UK is poignant that China values the USA more.
https://www.usnews.com/news/world/articles/2017-10-06/uk-pm-may-postpones-trip-to-china-to-avoid-timetable-clash-with-trump-sky
The UK has to visit China to get more trade deals because of its own Brexit. However, it is feeling poignant that China chooses to entertainment the USA instead of the UK in November 2017.
Therefore, the UK is postponing the China trip. However, it has offered a good faith gesture to China by not conducting freedom of navigation in South China Sea as it badly needs more trade deals.
http://en.people.cn/n3/2017/1012/c90000-9279266.html
We can tell from this that everything in this world is about politics and money. The UK always encourages independence in other states or countries. For example, the UK supports Tibet independence, Taiwan independence and HK independence. However, when it comes to Scotland independence, the UK doesn't allow it. This just goes to show that the UK is nothing but just a hypocrite.
The UK has to visit China to get more trade deals because of its own Brexit. However, it is feeling poignant that China chooses to entertainment the USA instead of the UK in November 2017.
Therefore, the UK is postponing the China trip. However, it has offered a good faith gesture to China by not conducting freedom of navigation in South China Sea as it badly needs more trade deals.
http://en.people.cn/n3/2017/1012/c90000-9279266.html
We can tell from this that everything in this world is about politics and money. The UK always encourages independence in other states or countries. For example, the UK supports Tibet independence, Taiwan independence and HK independence. However, when it comes to Scotland independence, the UK doesn't allow it. This just goes to show that the UK is nothing but just a hypocrite.
Thursday, October 12, 2017
Physics 101 - All objects will fall to the ground at the same time.
In physics, we learnt that all objects would fall to the ground at the same time. However, we realized that it was impossible in the real world. Scientists had proven the laws of physics in a controlled environment whereby there's no air resistance to affect the falling objects.
When there's no air resistance, objects really fall to the ground at the same time regardless of weight and shape because the same gravity is acting on the objects.
Another investment trust to delist from SGX!
http://www.businesstimes.com.sg/real-estate/indiabulls-properties-investment-trust-gets-takeover-offer-of-90-s-cents-apiece
SGX is losing its clients faster than it can attract new clients. Genting HK, Global Logistics and Indiabulls Properties are all leaving SGX.
SGX is losing its clients faster than it can attract new clients. Genting HK, Global Logistics and Indiabulls Properties are all leaving SGX.
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