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Genius Sachs Sells; TemaSICK FOOL Buys

Asterix

Alfrescian (Inf)
Asset
Temasek bought 280 million shares in the world’s largest bank by market value at an average price of HK$5.50 a share, or a total of HK$1.54 billion ($198 million), according to a Hong Kong stock exchange statement yesterday. Goldman Sachs raised $1.1 billion by selling 1.58 billion shares in ICBC on the same day, according to a person familiar with the matter.

http://www.bloomberg.com/news/2013-...es-stake-in-icbc-as-goldman-ends-holding.html

Today, just ONE DAY after the purchase, price of ICBC closed on HK Exchange at HK$5.38 per share, a loss of US$4.32 million. Thank you bery much Ho Jinx. Once again, you have proved your excellence at buying high and selling low. :rolleyes:
 
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kongsimi

Alfrescian
Loyal
Temasek bought 280 million shares in the world’s largest bank by market value at an average price of HK$5.50 a share, or a total of HK$1.54 billion ($198 million), according to a Hong Kong stock exchange statement yesterday. Goldman Sachs raised $1.1 billion by selling 1.58 billion shares in ICBC on the same day, according to a person familiar with the matter.

http://www.bloomberg.com/news/2013-...es-stake-in-icbc-as-goldman-ends-holding.html

Today, just ONE DAY after the purchase, price of ICBC closed on HK Exchange at HK$5.38 per share, a loss of US$4.32 million. Thank you bery much Ho Jinx. Once again, you have proved your excellence at buying high and selling low. :rolleyes:


just do opposite whatever HC does and you will make lotsa money.

then donate the money to oppositions and they will use them to F PAP. :biggrin:
 
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rambo22

Alfrescian
Loyal
Both HO JINX and SUN HO have something in common

That JINX BUY HIGH SELL LOW

That Sun's INVESTMENT HIGH and RETURNS LOW
 
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zhihau

Super Moderator
SuperMod
Asset
I recall reminding her to try and buy low sell high in your ode thread........... :p

hehehe... yes, you did :p:p:p

the seaman's son very low profile as of late... maybe can write a haiku next since he just met Abe :biggrin::biggrin::biggrin:
 

Dark Knight

Alfrescian (Inf)
Asset
GIC got so many financial and investment consultants to offer that "aunty Ho" their advise/advice also cannot make it?
Keep pouring our CPF $$$ and tax payers $$$ down the drain.

Small issue. I will just need to inform Mr Tharman to raise the minimum sum required for CPF account again.
 

PrinceCharming

Alfrescian
Loyal
GIC got so many financial and investment consultants to offer that "aunty Ho" their advise/advice also cannot make it?

Those financial and investment consultants are said to be the world's top talents, having very many years of experience. The average annual remuneration is about 2.5 million SGD.
 

Asterix

Alfrescian (Inf)
Asset
Last week [early April 2013] Fitch Ratings, one of the big three credit ratings agencies, downgraded China’s long-term local currency debt from AA- to A+. Fitch said they were concerned about structural problems in China’s economy, too much easy credit, and an opaque “shadow banking” system that’s on the rise. What’s the significance of Fitch’s ratings downgrade? How is shadow banking affecting Chinese people? And who will be affected if the unregulated system spirals out of control?

See video at this link:

http://ntdtv.org/en/news/china/chin...bt-problem-why-fitch-s-downgrade-matters.html

The overpaid ANALysts didn’t tell Aunty Ho about this or they did but she don’t wanna listen? Whose money is it anyway?
 
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PrinceCharming

Alfrescian
Loyal
The overpaid ANALysts didn’t tell Aunty Ho about this or they did but she don’t wanna listen? Whose money is it anyway?

Don't assume Ho Jinx to be an idiot. She has been named by many international news magazines as one of the 10 most powerful women in the world.

Of course Ho Jinx knows about PRC's financial situation. But she won't take responsibility for making bad investment decisions. She always has the option of making her subordinates take the rap and sacking them.
 

shctaw

Alfrescian (Inf)
Asset
So powerful that when she lost a lot of money. We just keep quiet.

Remind me of 武则天。

Don't assume Ho Jinx to be an idiot. She has been named by many international news magazines as one of the 10 most powerful women in the world.

Of course Ho Jinx knows about PRC's financial situation. But she won't take responsibility for making bad investment decisions. She always has the option of making her subordinates take the rap and sacking them.
 

Narong Wongwan

Alfrescian (Inf)
Asset
Those who think whore jinx is a real jinx need to read between the lines.
No problem losing peasants monies.....more important are the kickbacks that goes into the leegime run road cum retirement fund.
 

Leckmichamarsch

Alfrescian
Loyal
Don't assume Ho Jinx to be an idiot. She has been named by many international news magazines as one of the 10 most powerful women in the world.

Of course Ho Jinx knows about PRC's financial situation. But she won't take responsibility for making bad investment decisions. She always has the option of making her subordinates take the rap and sacking them.

Her power is derived by screwing LHL ///////// so what is so great about it?
 

Tuayapeh

Alfrescian (InfP)
Generous Asset
And that is why the minimum sum was raised. :wink:

nobody knows whether the cheebye government really has any money or ........luan poh siao

i guess we will never know until the PAP has been been toppled and all the perpetrators have been severely waterboarded into full fledged disclosures
 
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