Singapore stock calls for 30 September 2016

Latest military news!

China has succeeded in developing quantum radar and is ready for mass production. This quantum radar is the latest technology after its quantum satellite and will render F35 stealth fighters useless.  No stealth technology can escape quantum radar for now.

Singapore stock calls for 29 September 2016

Tharman is not the man for SG PM.

https://sg.news.yahoo.com/dpm-tharman-on-yahoo-survey-im-not-the-man-for-130150277.html

As predicted in our earlier post, Tharman has declared himself not the man for SG PM.  However, he's up for another post that the current PM is seeking to change.

US is losing support in ASEAN!

https://sg.news.yahoo.com/duterte-says-upcoming-philippines-war-games-us-last-143145972--business.html

Philippines is breaking up with USA because USA had played a fool out of Philippines over the PCA ruling on South China Sea which was an illegal ruling.  Furthermore, USA had refused to reimburse Philippines for PCA legal cost which amounted to USD$30m.  USA also interfered in Philippines' internal affairs which angered Duterte.

Stockbank announcement!

Stockbank LLP is pleased to announce that Business wire has approached Stockbank to be its news publishing partner again after stockbank.com.sg ceased operation.  Business wire news will be published on this blog and http://stockbanksg.wixsite.com/stock/news.

Singapore stock calls for 28 September 2016

Singapore stock calls for 27 September 2016

Is anti-singapore sentiment brewing in China or someone is trying to frame SG?

http://news.asiaone.com/news/singapore/singapore-envoy-refutes-china-report-south-china-sea

Is Tharman likely to be the next SG PM?

https://sg.news.yahoo.com/most-singaporeans-would-choose-tharman-1523976433713206.html

Politically, Tharman is unlikely to be the next SG PM.  Why? Well, this is because SG survival is highly dependent on its role to be the facilitator between the east and west.  If Tharman is the next PM, SG will lose its close fraternity with China as China will view SG differently.  China will view SG without a Chinese root and won't give preferential treatment to SG.  LHL has also indicated that the next PM must be able to speak Mandarin and Tharman is not able to do that.  Without a Chinese root, SG survival is going to be tougher in a more challenging environment.

LHL has been trying to change the presidential requirements for some hidden agenda.  Time will reveal the truth in the future.

Singapore stock calls for 26 September 2016

What else did DBS do wrong?

Why did DBS say Yuan (RMB) was the big China risk?  Well, DBS speculated in Yuan and was suspended for such activity in China.

http://www.cnbc.com/2016/01/06/dbs-ceo-piyush-gupta-tells-wealth-clients-focus-on-yuan-not-pmi.html

http://www.straitstimes.com/business/banking/china-suspends-yuan-trading-by-dbs-stanchart

DBS was one of the culprits that dabbled in yuan speculation and got punished by China but trying to get back on China by talking about yuan depreciation would only irk China more.

Baltic dry index - 941

Today, Friday, September 23 2016, the Baltic Dry Index climbed by 4 points, reaching 941 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.

US rig count - 511

HOUSTON (AP) -- The number of rigs exploring for oil and natural gas in the U.S. increased by five this week to 511.

A year ago, 838 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.

Houston oilfield services company Baker Hughes Inc. said Friday that 418 rigs sought oil and 92 explored for natural gas this week. One was listed as miscellaneous.

Among major oil- and gas-producing states, Texas and Oklahoma each gained two rigs and Alaska, California, North Dakota and Pennsylvania each was up one.

Louisiana, New Mexico and West Virginia each declined by one rig.

Arkansas, Colorado, Kansas, Ohio, Utah and Wyoming were unchanged.

The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.

DBS failed to see warning signs for Swiber before default and claimed that it imploded suddenly.

DBS claimed no sign of distress for Swiber and extended more loan to Swiber.  How true is this claim?

http://www.todayonline.com/business/dbs-chief-gupta-defends-decision-extend-lifeline-swiber

However, Kim Eng and S&P stated red flags were there for some time prior to the default.

http://www.straitstimes.com/business/companies-markets/swibers-woes-warning-signs-were-there-for-some-time

http://www.businesstimes.com.sg/companies-markets/there-were-signs-pointing-to-swibers-troubles-before-collapse-sp-global

USA is losing its staunch allies to China!

UK joined AIIB despite USA's protest.

Canada is applying to join AIIB now.
http://www.japantimes.co.jp/news/2016/08/31/business/economy-business/canada-snubs-u-s-seeking-join-china-led-aiib/

Canada is also trying to establish FTA with China.
https://sputniknews.com/politics/20160923/1045613786/china-canada-mull-free-trade.html

Singapore stock calls for 23 September 2016

TPP is doomed to fail as it is an unfair business pact for ASEAN.

http://www.bangkokpost.com/business/news/1087705/vietnam-delays-tpp-vote

TPP is never a good and fair business pact and Europe has already rejected TTIP which is TPP in European version. TPP cannot proceed as all countries involved must ratify it.

Singapore stock calls for 22 September 2016

Singapore stock calls for 21 September 2016.