Today at 9.20am it is 2960, a drop of almost 600pts in 4 mths. The bloodshed continues and the end is still not in sight
PAP is failing Singaporeans with it's bad policies.
PAP is failing Singaporeans with it's bad policies.
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Bloodshed Continues on STI
- Thread starter TracyTan866
- Start date
a financial institution is in deep shit too
Their investment arm is sitting on many listed counters with >30-50% losses
because the investment bankers colluded with the EDs in the same bank
The Investment bankers took up stakes in listed local O&G, Construction & minor Property companies
At the same time, the EDs made their RMs provide massive loans, trade facilities and OD facilities to the same companies companies, making so made so much money from revenue points
Some of these companies turned sour and the banks' risk dept want to recall some of the risky loans
but they cannot because their investment arm also invested in their customers.
conflict of interests
Do you think Iceberg Research n Muddy Waters dare to expose them in 2016?
http://sammyboy.com/showthread.php?212383-Singapore-After-The-Next-Election&p=2256350#post2256350
Their investment arm is sitting on many listed counters with >30-50% losses
because the investment bankers colluded with the EDs in the same bank
The Investment bankers took up stakes in listed local O&G, Construction & minor Property companies
At the same time, the EDs made their RMs provide massive loans, trade facilities and OD facilities to the same companies companies, making so made so much money from revenue points
Some of these companies turned sour and the banks' risk dept want to recall some of the risky loans
but they cannot because their investment arm also invested in their customers.
conflict of interests
Do you think Iceberg Research n Muddy Waters dare to expose them in 2016?
http://sammyboy.com/showthread.php?212383-Singapore-After-The-Next-Election&p=2256350#post2256350
when oil and commodities was high, they predicted it was bad for the economy. Now that its low, they still say the same thing. China should be booming because they save hundreds of billions buying cheaper commodities. But its the reverse.commodities drop because china is not buying.
before 2005, it was china that caused inflation to stagnate with their cheap products, then after that, it caused inflation with their hunger for commodities and willingness to pay high price for it. now its back to low inflation again.
What next surely can't be all that bad.
before 2005, it was china that caused inflation to stagnate with their cheap products, then after that, it caused inflation with their hunger for commodities and willingness to pay high price for it. now its back to low inflation again.
What next surely can't be all that bad.
Such financial institutions will sink eventually whether Muddy waters exposes them. their fundamentals are flawed.
Likewise, the pap will sink eventually because its fundamental of favouring foreigners to citizens is flawed
Singaporeans need to ask how will these events affect Singapore and Singaporeans since pap has no clues
bou .........?
won't be surprised that recession by year end. already told everyone here that the perfect storm would hit us and in fact 3 months ago told the 3 stooges to short the market this year as it would collapsed and they laughed at me. hahahhaha. now I am having the last laugh. enough said. everything I predicted have been 100% spot on . hahahh
For your reference bro
http://sammyboy.com/showthread.php?212383-Singapore-After-The-Next-Election&p=2254286#post2254286
How much are u looking at?
If >3mio, the prices has dropped 20-30% from peak. if you offer 10-15% below asking price, most sellers will sell to u.
If 1 to 1.5mil condos, please see the article above.
OCBC - about $9 now
UOB - about $19 now
DBS - about $18 now
If the rumours mentioned that target price is $12 in 2006,
Guess whether it is OCBC cheong until $12 or the other two drops until $12.
Pure rumours ok, not financial advice.
Najibee also blame China for the drop of Ringgit. China not accepting Ringgits in china .
.
North Korean Leader KIM has ordered his frontline troops into war footing.
if tensions spiral out of control, may affect market....
also, need to monitor closely the situation in LOS.
((Just my humble opinion)).
No worries, when WP come into power they will know how to fix the economy
Surely it can't do any worse than the buffoons in the PAP govt.
that time of month again? was tampon used? 
u stil holding ur shares? ...
Wow y suddenly dropped so much??? is it caused by the recent China currency devaluation? is another economic depression coming soon?
You sound wise. Do you think pap was unwise to have done nothing until this hits us?
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