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  1. P

    LOW Risk Does Not Mean NO Risk

    he can call me what he wants... it doesn't make me what i am... i just wanted to highlight the discrepancy here in the minibond issues.... what is it being classified as low risk, when it is a known fact that volatility can be so high. Many people (including some in the industry) classify...
  2. P

    Harassment by Debt Collection Company

    I think there is some misconception about "pte ltd" here.... yes, the losses of the business is restricted to the capital injection of the shareholders, or directors of the company. However, if the director or the management already haev knowledge of the company's going concern and already...
  3. P

    LOW Risk Does Not Mean NO Risk

    dude, you seems to have a misunderstanding on how risk is being measured in terms of financial products. 1) HIGH RISK = high volatility 2) Low RISK = low volatility A government bond is considered low risk. ie, there is certainty of repayment, and in the event of a loss due to the...
  4. P

    The Great Crash ~ Owners Dump Condos

    the report shows that property prices are heading south... but where does it say that 2010 it will bottom? it also never say that after 2010 it will head up... unless i reading it wrongly... please correct me if i am wrong
  5. P

    UBS Done! What happen to SG's investment?

    http://www.bloomberg.com/apps/news?pid=20601087&sid=apWIO6lG85YY&refer=home for your reading pleasure
  6. P

    qatar invest in UBS !! wah. SO good timing

    er... what's your point?
  7. P

    qatar invest in UBS !! wah. SO good timing

    Qatar invest in CS lah.... Swiss govt invest in UBS.... you read salah liow
  8. P

    UBS Done! What happen to SG's investment?

    UBS is the latest victim
  9. P

    In recession..what happens to the IR's..and who pays?

    the IR projects are fully secured by debts anyway. Anyone who is in the market would know that the LTV for the project is 80% and the loan was for 7 years. Meaning, after the completion of the project, part of the loan wodl be transferred into a term loan, no secret about it. Having said...
  10. P

    Fail logic of pappies.

    it is not that simple. A guarantee cost money to the depositors. FDIC (in US) and SDIC (in Singapore) does not guarantee your funds for nothing. Part of your interest is being used as the premium for the "insurance" IMHO, if the bank is safe, there is no need for depositor to spend that...
  11. P

    minibonds misrepresentation

    IMHO... if you ask for a principle guaranteed product and was given this.. you have a case... But in all honestly, you need to relook at the papers that you have signed. It is unlikely that the bank did not disclose everything in the documents.
  12. P

    SC Global drop to 78c

    Simon Cheong is from the Hong Fok family... belongs to the blood fo KP and WP Cheong. Development is in their blood... he is not a NKOTB lah... in any case, which real estate developer is not owing the bank a lot of money? in the last year or 2 of frenzy, everyone is grabbing land and...
  13. P

    The Chen Shui Bian Saga

    this sounds a bit like our own NKF saga.... hahahha
  14. P

    Foreign Worker Dorm in Serangoon Garden postphone

    why you so gan jiong about the blangah project? you live there?
  15. P

    NS slave left to die in medical center alone

    Well, I will share my experience with the Army, in the mid 90s. I was from a combat engineer unit. Half way thru my army life, i sprained my back. And since then, i have always been spending my next day in bed, after carrying heavy loads. I have always been seeing the MOs from camps in...
  16. P

    www.singsupplies.com

    I babodoh.... can teach? 208.79.206.243 Edit: Just tried.... cannot... how?
  17. P

    www.singsupplies.com

    Hi Sam Leong, thanks for creating the alternative site for us to access this site in office. I am jsut wondering, would you have an alternative site for your "other" site as well? the one that is block by corporate nanny worldwide! www.sammyboyforum.com it would definitely increase...
  18. P

    154th: Routine for NSF to Die Woh! Got Seizure in 2004 Also Classify as PES A!

    got a place in University means must go to OCS or SISPEC meh? last time my whole unit all got A levels and / or going to university... then whole unit commanders... nobody fight war liow...
  19. P

    i need a new phone...recommedation please.

    HTC Touch Diamond is not bad lah... got everything you need. Yes it is WM6.1, but it is not as bad as some of the phones i have used. WM is the "operating system" for your pda phones. with the window OS, you can customised your phone to the way you like using the numerous softwares...
  20. P

    'No food for a week'

    it was mentioned previously that the family was from Malaysia lah... the guy works for HSBC Private Bank if i am not wrong, he was previously suspended from duties, but now i heard he is back at work. The fine wouldn't be something he cannot handle... i'm sure.
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