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12-Apr-2010 15:18

Others / COE CASINO

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It’s hard to cope without a car when you have kids
Letter from Barbara Tan
I REFER refer to the report “COEs the next lightning rod?” (April 8).
The huge jump in prices did not surprise me, because Singaporeans are basically very “kiasu” at heart, causing prices to escalate at the prospect of the supply of COEs falling.
Besides, time is a very precious commodity in Singapore, where we have been encouraged to work hard and be competitive.
Add to this the fact that couples are being encouraged to have more children, and it becomes clear why it is increasingly harder to cope without a car.
We cannot be asked to be competitive and while not aspiring to a more comfortable lifestyle — these go hand in hand.
As such, the Government needs to address the imbalance of car ownership and the artificial inflation of prices due to the COE quota system, in order to give a fair and fighting chance to every man on the street to improve his way of life.
Besides, I have seen people struggling with prams and babies in buses and on trains and I can vouch that it is no easy task.
Buses and trains can be horridly crowded, the passengers not particularly generous about giving up seats, and some bus drivers’road skills leave a lot to be desired. And it’s difficult enough trying to juggle one child, but what if you have two or three?

## TRANSPORT OPERATORS ARE MISERS in the provision of mOre SEATS, mOre BUSES and mOre TRAINS ##

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12-Apr-2010 14:41

Others / COE CASINO

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Voices

¡ have your say email your letters to voices@mediacorp.com.sg ¡ join the community www.todayonline.com/voices

today Monday April 12, 2010 10

Cars a luxury? Not for us

* * * * * * * * * * * * * *

How about a BALLOT to replace the BiD system?

Letter from Mark Ho

ARE cars really luxury items that many of us can do without?

I would argue cars are not a “luxury” when one needs to transport young children, elderly folk and bulky goods. One is not guaranteed a seat on public transport when you most need it, and they are poor alternatives when one has to transport big, heavy items.

Besides, the time saved on transport when one owns a car helps families bond

— just by virtue of allowing parents to get home faster to spend quality time with their children. Is family bonding time a luxury we should consider doing without?

If the intent of the COE system is to control the number of cars on the road, why do we need a COE bidding system, since it promotes unhealthy speculation? Just controlling the number of COEs (perhaps by ballot system) should suffice — without bringing money into the equation.

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12-Apr-2010 14:35

Others / COE CASINO

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Andrew, you will make a bEttEr MINISTER of TRANSPORT for SINGAPORE.

Andrew ( Date: 10-Apr-2010 23:43) Posted:

I think both of them is out of point leh.....

The facts first :

For Pte Car, in 2009, there are 576,988 units.

Of these units which is less than 4 years old is 67.2%. If we screen off to less than 5years old, 83.4%. So that, only 16.6% are 5years and older.

For the between 9 to less than 10 years only 1574 cars or 0.3%.

There are only two major road infrastructure project on going......CTE widening by 2014 and Marina Coastal Expressway (MCE).

With no much improvement to infrastructure and a relatively new car population. High COE is going to last at least 4~5 years. Unless there is a major recession during these times.

And there are simply too many cars on the road.....jam jam jam. Even if garment want to increase quota also cannot. And it is all their fault lor,,,,why, they should have seen it coming leh....and reduce it long time ago. The public simply cannot take abrupt spike in price....almost 100% COE increase in 1 month!!! Dealers are losing money, car buyer is short changed. Only those who buy CAT E is laughing all the way to the bank. Should we say bye bye to CAT E ??

Next, those buying from PI, big time coming. I would expect many to go bust. So.....be gentle with your PI car(s).....

UNLESS !!!! The public think 45K for a piece of paper is NO NO.....

pharoah88 ( Date: 10-Apr-2010 18:04) Posted:

bEtwEEn BUSINESS TIMES and MINISTRY OF TRANSPORT:

Who is RIGHT ?   Who is WRONG ?

Who is ACCURATE ?   Who is INACCURATE ?

Which is TRUTH ?   Which is UNTRUTH ?

Which is BLACK ? Which is WHITE ?

Which is STRAIGHT ? Which is NOT STRAIGHT ?

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12-Apr-2010 14:32

COSCO SHP SG / CoscoCorp

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CoscoCorp

Symbol:
F83

Currency:
Singapore Dollar

Last:

1.63

+ 0.12

Vol (K): 59116.0

Corporate Action - Cum Dividend

Trading
Updated Time	12-Apr 14:10
Open	1.54	High	1.64	Low	1.54
Prev Close	1.51	Buy	-	Sell	-
Volume(K)	59116.0	Buy Vol(K)	-	Sell Vol(K)	-
52 Wk High	1.51	52 Wk Low	0.79	52 Wk Avg Vol	15717.909
All Time High	8.2	All Time Low	0.605
Comments	Near 52 wk high

*Reporting Currency in SGD
Important: ShareJunction obtains our finance data from a third party. Check financial year before use. EPS values are recorded up to two decimal points.

Financials
Date Updated	31-Mar-2010	Financial Year	31-Dec-2008
Current Year Profit (After Tax) $'000,000	302.588	Previous Year Profit (After Tax) $'000,000	336.568
Net Asset Per Share	0.51	Turnover $'000,000	210.98
Current Year EPS (After Interest and Tax)	0.14	Previous Year EPS (After Interest and Tax)	0.15
PE Ratio (After Tax)	8.9	Times Covered	1.9
Price (at update time)	1.24	Dividend Yield	0.06

*Technical Analysis Information is updated Daily

Technicals
RSI	78.37	Williams %R	-3.33
Comments (RSI)	Overbought	Comments (W%R)	Overbought

Intraday Chart

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12-Apr-2010 14:10

Others / HiGH FAiLURE Severe Acute HiGH cOst SyndrOme

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TOKYO

Public debt is expected to hit 200 per cent of GDP in the next year as the government tries to spend its way out of the economic doldrums despite plummeting tax revenues and soaring welfare costs for its ageing population.

Based on FY2010’s nominal GDP of ¥475 trillion ($7 trillion), Japan’s debt is estimated to reach ¥950 trillion — or roughly ¥7.5 million per person.

Japan “can’t finance” its record trillion-dollar budget passed in March for the coming year as it tries to stimulate its fragile economy, said Mr Hideo Kumano, chief economist at Daiichi Life Research Institute.

“Japan’s revenue is roughly ¥37 trillion and debt is ¥44 trillion in FY2010,” he said. “Its debt to budget ratio is more than 50 per cent.”

Without issuing more government bonds, Japan “would go bankrupt by 2011”, he added.

Despite crawling out of a severe year-long recession last year, Japan’s recovery remains fragile with deflation, high public debt and weak domestic demand all concerns.

Japan was stuck in a deflationary spiral for years after its asset price bubble burst in the early 1990s. Its huge public debt is a legacy of massive stimulus spending during the economic “lost decade” of the 1990s, as well as a series of pump-priming packages to tackle the recession which began in 2008.

Standard and Poor’s in January warned that it might cut its rating on Japanese government bonds, which could raise Japan’s borrowing costs amid the faltering efforts of Prime Minister Yukio Hatoyama’s government to curb debt.

The system of Japanese gove r nme n t b o n d s b e i n g bought by institutions such as the huge Japan Post Bank has been key in enabling Japan to remain buoyant since its stock market crash of 1990.

“Japan’s risk of default is low because it has a huge current account surplus, with the backing of private sector savings,” to continue purchasing bonds, said Mr Katsutoshi Inadome, bond strategist at Mitsubishi UFJ Securities.

But while Japan’s risk of a Greek-style debt crisis is seen as much less likely, the event of risk becoming reality would be devastating, say analysts who question how long the government can continue its dependence on issuing public debt.

Yet others argue that there is no precedent for the ratio of debt to GDP nearing 200 per cent being dangerous. Nomura Securities economist Takehide Kiuchi cited Britain’s government debt in the post-war period “which reached 260 per cent but (the government) didn’t face a debt crisis”.

He added: “There is no answer to the question of what the critical level of debt is for a government to go bust.”

The likes of single-currency Greece and non-eurozone countries are also different in that the latter group have flexible currency exchange rates which are more closely calibrated to their fiscal conditions, he said.

Instead, the most realistic hazard brought by huge Japanese debt is prolonged deflation under a shrinking economy, said analysts. “Regaining fiscal health needs fiscal austerity, which could weigh on economic growth,” said Mr Kiuchi. AFP
— Greece’s debt problems may currently be in the spotlight but Japan is walking its own financial tightrope, analysts said, with a public debt mountain bigger than that of any other industrialised nation.

pharoah88 ( Date: 12-Apr-2010 14:01) Posted:

HiGH FAiLURE in cOuntries with

Severe Acute HiGH-cOst SyndrOme [SAHS]

HiGH LiViNG cOsts / HiGH hOusing PRiCES / HiGH transpOrt cOst

TODAY ONLINE Monday: 12 APRIL 2010

Is Japan going broke?

Public debt to hit 200% of GDP , putting Japan at risk of bankruptcy: Analyst

Its debt to budget ratio [DBR] is more than 50 per cent.

Dai-chi Life Research Institute economist Hideo Kumano

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12-Apr-2010 14:01

Others / HiGH FAiLURE Severe Acute HiGH cOst SyndrOme

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HiGH FAiLURE in cOuntries with

Severe Acute HiGH-cOst SyndrOme [SAHS]

HiGH LiViNG cOsts / HiGH hOusing PRiCES / HiGH transpOrt cOst

TODAY ONLINE Monday: 12 APRIL 2010

Is Japan going broke?

Public debt to hit 200% of GDP , putting Japan at risk of bankruptcy: Analyst

Its debt to budget ratio [DBR] is more than 50 per cent.

Dai-chi Life Research Institute economist Hideo Kumano

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12-Apr-2010 13:54

Anwell Tech / When it will move?

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TODAY ONLINE Monday: 12 APRIL 2010
Anwell Tech
Buy | 63.5 cents
DMG upgrades Anwell Technologies to Buy from Neutral, raises target price to $0.78 from $0.38 based on 8X FY11 price/ earnings ratio and a 50-per-cent discount to industry average.

DMG expects optical disc maker to incur FY10 loss due to high research and development and depreciation costs but tips strong turnaround in FY11, driven by sales of thin-film solar panels which Anwell started producing recently and forecasts FY11 net profit of HK$166.1 million ($30 million).

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12-Apr-2010 12:32

Ying Li Intl / Ying Li

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Monday: 12 APRIL 2010

09:57:20 S$0.570 2,511,000

BOUGHT frOm SELLER

pharoah88 ( Date: 12-Apr-2010 10:24) Posted:

EntEr thE DRAGON

Or   REGRET ?

yummygd      ( Date: 11-Apr-2010 17:21) Posted:

tom will it be up or will it be down?? pls rally!!!! HIT ME TARGET. anyone has latest TP?

pharoah88      ( Date: 10-Apr-2010 16:32) Posted:

please send your NINJAS to her HOME

tO prOtect HER

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12-Apr-2010 12:28

IPO / IPO- China Minzhong Food

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s h O r t ? ? ? ?

Andrew ( Date: 10-Apr-2010 23:08) Posted:

At S$1.20, new investor is paying almost 100% premium. There is also drought in PRC, the worst in a century.

S$
Offering Price per Share                                                                              1.20
NAV per Share as of 30 September 2009, before adjusting for the Offering 0.51
Increase in NAV per Share attributable to the Offering                                 0.14
NAV per Share after the Offering                                                                0.65
Dilution in NAV per Share to new investors                                                 0.55
Dilution in NAV per Share to new investors as a percentage of Offering Price 45.8%

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12-Apr-2010 12:25

Others / DOW & STI

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S T i

3 0 3 3

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12-Apr-2010 12:21

Others / DOW & STI

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D O W

1 1 1 1 1

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12-Apr-2010 12:19

TeleChoice Intl / Telechoice

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BUY S$0.25

SELL S$0.36

pharoah88 ( Date: 12-Apr-2010 12:18) Posted:

BUY qUick qUick

qUick qUick BUY

pharoah88 ( Date: 12-Apr-2010 12:13) Posted:

Monday: 12 APRIL 2010

11!39:23 S$0.240 120,000

BOUGHT frOm SELLER

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12-Apr-2010 12:18

TeleChoice Intl / Telechoice

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BUY qUick qUick

qUick qUick BUY

pharoah88 ( Date: 12-Apr-2010 12:13) Posted:

Monday: 12 APRIL 2010

11!39:23 S$0.240 120,000

BOUGHT frOm SELLER

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12-Apr-2010 12:15

FrasersComm / FrasersComm

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nO DiViDEND

nO TRUST

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12-Apr-2010 12:13

TeleChoice Intl / Telechoice

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Monday: 12 APRIL 2010

11!39:23 S$0.240 120,000

BOUGHT frOm SELLER

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12-Apr-2010 11:55

PacShipTr US$ / PST

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BUY qUick qUick

qUick qUick BUY

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12-Apr-2010 11:51

PacShipTr US$ / PST

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BUY USD0.290

SELL USD0.490

pharoah88 ( Date: 12-Apr-2010 11:47) Posted:

EntEr thE DRAGON

Or REGRET

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12-Apr-2010 11:49

PacShipTr US$ / PST

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HOT irOn Ore PRiCES

NEW SHiP cOst RiSiNG

SHiPPiNG RATES RiSiNG

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12-Apr-2010 11:47

PacShipTr US$ / PST

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EntEr thE DRAGON

Or REGRET

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12-Apr-2010 11:45

PacShipTr US$ / PST

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Monday: 12 APRIL 2010

09:48:50 USD0.285 3,000 SOLD tO BUYER

This is a #decOy#

vEry gOOd TRY

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