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01-Apr-2010 10:32

Others / Property bubble to burst soon

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According to Economics, a country is Extremely UNproductive if its GDP contribution is GROSSLY dOminated by prOperty and prOperty-related DRIVEN GROWTH.

Property Driven Economy will Ultimately be TWISTED and TURNED Upside dOwn

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01-Apr-2010 10:25

Others / Property bubble to burst soon

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moderate has ENLIGHTEN WISDOM of the EXCELLENT LAO ZI ECONOMICS on the MIDDLE PATH.

Property has NIL PRODUCTIVITY.

Property scores ZERO for PRODUCTIVITY in ECONOMICS.

that was the reasOn why the WEST NEVER push prOperty UNtil it was all started by the EAST.

DECADES ago, the working people in US and Europe preferred to live in rented houses because property were considered as Wasting Assets which lost money over time. Because as houses age with wear and tear, they cannot be worth more.

US and European companiess do buy properties in Singapore.

The just lease for the same reason because they are nOt developers.

JAPAN was the CULPRIT who started the EVIL PURSIUT to SOAR ZERO PRODUCTIVITY DRIVE IN PROPERTY PRICES.

that is why JAPAN had fallen for two DECADES and will NEVER ReCOVER UNless JAPAN RETURNS ALL the ZERO PRODUCIVITY PRiCES back to SQUARE ONE.

JAPAN had the 1st Property Credit sub-PRiME

nOw is USA

neXt is SingapOre ? ? ? ?

Moderate ( Date: 01-Apr-2010 09:48) Posted:

Property assests are non-productive; If all the properties of Singapore go up, is it a good thing? Only selective properties due to special location that go up is valuable situation. The general way will lead to a good feeling overall and onto excessive consumption. This will burst when the assest ultimately fail to deliver (remember it is non-productive) and thereby misery. We are going the misery path, only a company going for IPO will do it this way because they want to sell their shares. Have Singaporeans found another island that we could all sell our homes and migrate en masse?

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01-Apr-2010 10:09

Others / Property bubble to burst soon

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this is an Excellent Question.

i take the Liberty to EXTEND your Excellent Question tO:

- the PRESiDENT [Qualification: 20 Children]

- the PRiME MiNiSTER [Qualification: 15 Children]

- MiNiSTERS [Qualification: 10 Children]

- MPs [Qualification: 6 Children]

- ALL DIVISION ONE AND ABOVE CIVIL SERVANTS [Qualification: 5 Children]

- ALL COMAPNY CHAIRMAN [Qualification: 8 Children]

- ALL CEOs [Qualification: 7 Children]

- ALL COMPANY DIRECTORS [Qualification: 6 Children]

- ALL BANKERS [Qualifcation: 5 Children]

- ALL PROFESSORS [Qualification: 5 Children]

- ALL who earned above S$100,000 per annum [Qualification: 3 Children]

- ALL Billionaires [Qualification: 20 Children]

- ALL Decilionaires [Qualification: 12 Children]

- ALL Millionaires [Qualification: 6 Children]

- ALL married couple [Qualification: 2 Children]

- ALL car owners

niuyear ( Date: 01-Apr-2010 08:49) Posted:

How can President Scholars give birth to only 1 kid? Must have more.....Next time, the criteria to award president scholarship is : One must be committed to want to get married and have a family and must serve the country. Afterall, this is the most prestigious scholarship.

WeiQiQi ( Date: 31-Mar-2010 23:49) Posted:

they probably lost all their $$ buying Lehman's related structured investment products. OR they are just plain not savvy with their finances. Can study and get president scholarship does not mean that they are smart with finances

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01-Apr-2010 09:59

Others / Property bubble to burst soon

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i am going to SHARE your ENLIGHTENMENT with my MP. so that Ministry of National Development & HDB can be asked to look into this CITIZENRY ROBBERY by fOreign tOlent. this mal-practice is UNtOlerable tO singapOreans. i hOpe every singapOrean can feedback this ENLIGHTENMENT tO ALL their MPs fOr them tO cOntribute tO ALL singapOrean in the REAL ACTION way. No use just having Debates and Readings in the PARLIEMENT. PS: no name will be mentioned. Only the CITIZENRY ROBBERY issue will be raised to the MP

wongmx6 ( Date: 31-Mar-2010 21:55) Posted:

Ya, PR should pay higher price, as i know many of them buy HDB then rent out the whole unit and live at JB.

The money from the rental is enough for them to support their House and Car at JB.

S'pore Gov make some of the PR gain easy money.

niuyear ( Date: 31-Mar-2010 20:58) Posted:

Bingo! I like this suggestion!! PR should be made to purchase EC or HUDC and private. AFterall, they are PRs, they will ABANDON singapore one day...

P/s - Heard my friend's son said : Some china boys serving NS very unwillingly! Tthey have been complaining that they are the one who 'SACRIFICE' for their families who come here just to become singaporeans !! How are they going to go thru the 2 years NS life?

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01-Apr-2010 09:45

Mercator Lines / Mercator Lines

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what is your TP fOr this?

noted that vOlume is very lOw ?

trueview ( Date: 01-Apr-2010 09:41) Posted:

when NOL at $1.65.tis counter at $0.28.now NOL $2.08.it edge up to $0.295.volme going up now..

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01-Apr-2010 09:42

OCBC Bank / OCBC

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iF CHAiRMAN is the MajOrity sharehOlder Or related tO business Owner, CEO must be an Outsider tOtally UNrelated tO business Owner and the CHAiRMAN.

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01-Apr-2010 09:39

OCBC Bank / OCBC

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SGX Governance Regulation is sub-PRiME.

In every company, CHAiRMAN and CEO positions must be held by DiFFERENT and UNrelated persOns.

niuyear ( Date: 01-Apr-2010 09:11) Posted:

OCBC chairman got paid 6.7 million bonus and i think he deserves it. OCBC's investments so far, got quite good returns even during subprime crisis period. Bank without pull string or closed family members relationship unlike other bank - CEO and chairman same person.

CENTRAL BANK RULE

The regulatory changes is due to take effect next year in which banks and insurers have to separate the roles of chairman and chief executive.

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01-Apr-2010 09:35

ShareJunction / VIKING offshore

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why no price indication at Share Junction for ViKiNG ?

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31-Mar-2010 19:56

Informatics / Road to recovery in next 1-2 years

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tOmOrrOw is 1st APRIL 2010

APRIL's FOOL

BEWARE Of fOOls

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31-Mar-2010 19:53

ASA Grp^ / Solid NTA 48 S'pore cents!

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CASHFLOW is mOre impOrtant than NTA ?

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31-Mar-2010 19:50

Lion Asiapac / the lion is roaring

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tOmOrrOw is 1st APRIL 2010

APRIL's FOOL

BEWARE Of fOOls

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31-Mar-2010 19:46

RafflesEdu / Raffles Edu

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tOmOrrOw is 1st APRIL 2010

APRIL's FOOL

BEWARE Of fOOls

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31-Mar-2010 19:44

S i2i / MediaRing

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tOmOrrOw is 1st APRIL 2010

APRIL's FOOL

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31-Mar-2010 19:39

UOB / UOB

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tOmOrrOw is 1st APRIL 2010

APRIL's FOOL

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31-Mar-2010 19:34

AusGroup / AUSGROUP: 1H09 revenue up 28.8% to reach A$260.5 m

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tOmOrrOw is 1st APRIL 2010

APRIL's FOOL

BEWARE Of fOOls

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31-Mar-2010 19:27

Genting Sing / GenSp starts to move up again

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tOmOrrOw is 1st APRIL 2010

APRIL's FOOL

BEWARE Of fOOls

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31-Mar-2010 19:22

Chemoil Ene USD / CHEMOIL

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Wednesday, 31 March 2010 CLOSING

vOlume   286,000   PRiCE USD0.355

USD0.355     171,000

USD0.360    115,000   [115,000   BOUGHT frOm SELLER]

STi 2,887.46    -46.93

[WiNDOWS DRESSED dOwn]

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31-Mar-2010 19:12

DBS / DBS

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tOmOrrOw is 1st APRIL 2010

APRIL's FOOL

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dumbdumb ( Date: 31-Mar-2010 00:24) Posted:

Anyway the target price of $20 is ridiculous, I personally think it will even be extremely difficult for DBS to ever reach $15 again.

OCBC $10 and UOB $22 targets are more realistic. When OCBC hit $10 and UOB hit $22, I think DBS will hit close to $15. These should be the fair values of the 3 banks.

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31-Mar-2010 18:20

OCBC Bank / OCBC

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tOmOrrOw is 1st APRIL 2010

APRIL's FOOL

BEWARE Of fOOls

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31-Mar-2010 18:15

Healthway Med / healthway, healthy?

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tOmOrrOw is 1st APRIL 2010

APRIL's FOOL

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