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Latest Posts By pharoah88 - Supreme      About pharoah88
First   < Newer   4561-4580 of 13894   Older>   Last  

25-Oct-2010 17:48 User Research/Opinions   /   ******** GENTING SP ******** WARRATS ********       Go to Message
x 0
x 0

Monday: 25 10 2010  CLOSING

CoscoCorp F83 i -- SGD 1.910
-0.030 -1.5 16,010,000 524,000 1.910 1.920 262,000 1.940 1.940 1.960 1.910 C,M    
e Genting HK US$ S21 i -- USD 0.450
0.000 0.0 14,826,000 1,625,000 0.450 0.455 2,176,000 0.450 0.450 0.460 0.450   M    
GENTING BHD 3182 i -- MYR 10.420
-0.080 -0.8 1,761,300 29,300 10.420 10.480 5,000 10.500 10.500 10.500 10.360 --
GENTING MYS BHD 4715 i -- MYR 3.540
-0.030 -0.8 1,130,400 70,000 3.540 3.550 5,000 3.570 3.570 3.580 3.520 --
Genting SP G13 i -- SGD 2.240
+0.020 +0.9 107,918,000 1,714,000 2.240 2.250 1,511,000 2.220 2.220 2.280 2.220   M    
GentingSMBLeCW120402 J2UW i -- SGD 0.300
+0.015 +5.3 60,000 3,000 0.270 0.310 30,000 0.300 0.285 0.300 0.300   M    
GentingSMBLeCW130103 L2PW i -- SGD 0.240
+0.005 +2.1 30,000 100,000 0.195 0.240 80,000 0.240 0.235 0.240 0.240   M    
GentingSMBLeCW130104 L7KW i -- SGD 0.195
+0.010 +5.4 130,000 110,000 0.160 0.210 100,000 0.195 0.185 0.195 0.195   M    
GentingSMBLeCW130603 L0QW i -- SGD 0.000
 
 0.000 0.0 0 10,000 0.305 0.340 10,000 0.000 0.310 0.000 0.000   M    
Healthway 5NG i -- SGD 0.155
0.000 0.0 8,775,000 19,930,000 0.150 0.155 540,000 0.155 0.155 0.160 0.150   M  
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25-Oct-2010 17:46 User Research/Opinions   /   ^^^^^^^^GENTING HK^^^^^^^^ WARRANTS ^^^^^^^^       Go to Message
x 0
x 0

Monday: 25 10 2010  CLOSING

CoscoCorp F83 i -- SGD 1.910
-0.030 -1.5 16,010,000 524,000 1.910 1.920 262,000 1.940 1.940 1.960 1.910 C,M    
e Genting HK US$ S21 i -- USD 0.450
0.000 0.0 14,826,000 1,625,000 0.450 0.455 2,176,000 0.450 0.450 0.460 0.450   M    
GENTING BHD 3182 i -- MYR 10.420
-0.080 -0.8 1,761,300 29,300 10.420 10.480 5,000 10.500 10.500 10.500 10.360 --
GENTING MYS BHD 4715 i -- MYR 3.540
-0.030 -0.8 1,130,400 70,000 3.540 3.550 5,000 3.570 3.570 3.580 3.520 --
Genting SP G13 i -- SGD 2.240
+0.020 +0.9 107,918,000 1,714,000 2.240 2.250 1,511,000 2.220 2.220 2.280 2.220   M    
GentingSMBLeCW120402 J2UW i -- SGD 0.300
+0.015 +5.3 60,000 3,000 0.270 0.310 30,000 0.300 0.285 0.300 0.300   M    
GentingSMBLeCW130103 L2PW i -- SGD 0.240
+0.005 +2.1 30,000 100,000 0.195 0.240 80,000 0.240 0.235 0.240 0.240   M    
GentingSMBLeCW130104 L7KW i -- SGD 0.195
+0.010 +5.4 130,000 110,000 0.160 0.210 100,000 0.195 0.185 0.195 0.195   M    
GentingSMBLeCW130603 L0QW i -- SGD 0.000
 
 0.000 0.0 0 10,000 0.305 0.340 10,000 0.000 0.310 0.000 0.000   M    
Healthway 5NG i -- SGD 0.155
0.000 0.0 8,775,000 19,930,000 0.150 0.155 540,000 0.155 0.155 0.160 0.150   M  
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25-Oct-2010 17:43 User Research/Opinions   /   ******** GENTING ******* BERHAD ********       Go to Message
x 0
x 0

Monday: 25 10 2010  CLOSING

CoscoCorp F83 i -- SGD 1.910
-0.030 -1.5 16,010,000 524,000 1.910 1.920 262,000 1.940 1.940 1.960 1.910 C,M    
e Genting HK US$ S21 i -- USD 0.450
0.000 0.0 14,826,000 1,625,000 0.450 0.455 2,176,000 0.450 0.450 0.460 0.450   M    
GENTING BHD 3182 i -- MYR 10.420
-0.080 -0.8 1,761,300 29,300 10.420 10.480 5,000 10.500 10.500 10.500 10.360 --
GENTING MYS BHD 4715 i -- MYR 3.540
-0.030 -0.8 1,130,400 70,000 3.540 3.550 5,000 3.570 3.570 3.580 3.520 --
Genting SP G13 i -- SGD 2.240
+0.020 +0.9 107,918,000 1,714,000 2.240 2.250 1,511,000 2.220 2.220 2.280 2.220   M    
GentingSMBLeCW120402 J2UW i -- SGD 0.300
+0.015 +5.3 60,000 3,000 0.270 0.310 30,000 0.300 0.285 0.300 0.300   M    
GentingSMBLeCW130103 L2PW i -- SGD 0.240
+0.005 +2.1 30,000 100,000 0.195 0.240 80,000 0.240 0.235 0.240 0.240   M    
GentingSMBLeCW130104 L7KW i -- SGD 0.195
+0.010 +5.4 130,000 110,000 0.160 0.210 100,000 0.195 0.185 0.195 0.195   M    
GentingSMBLeCW130603 L0QW i -- SGD 0.000
 
 0.000 0.0 0 10,000 0.305 0.340 10,000 0.000 0.310 0.000 0.000   M    
Healthway 5NG i -- SGD 0.155
0.000 0.0 8,775,000 19,930,000 0.150 0.155 540,000 0.155 0.155 0.160 0.150   M  
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25-Oct-2010 17:39 Genting HK USD   /   Genting HK US$       Go to Message
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Monday: 25 10 2010  CLOSING

kInder tImes

e Genting HK US$ (S21) 
Day Hi 0.460 Last 0.450 Vol 14,826,000
Day Lo 0.450 $Chng 0.000


Price Trades Volume Sold to Buyer Mid Bought from Seller
0.450 44 2,895,000 2,895,000 0 0
0.455 232 11,315,000 6,573,000 0 4,742,000
0.460 20 616,000 0 0 616,000
TOTAL 296 14,826,000 9,468,000 0 5,358,000
Good Post  Bad Post 
25-Oct-2010 17:33 Genting HK USD   /   Genting HK US$       Go to Message
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Monday: 25 10 2010  CLOSING

GENTING  HK  OUT  of  TOP 20 VOLUME CHART

Stock Code i Rmk Ccy Last $Chng %Chng Vol Buy Vol Buy Sell Sell Vol Open Previous Day Hi Day Lo Ind
GoldenAgr E5H i -- SGD 0.695
+0.035 +5.3 156,395,000 3,256,000 0.690 0.695 5,094,000 0.665 0.660 0.700 0.665   M    
BerlianLaju B66 i -- SGD 0.060
0.000 0.0 136,910,000 3,047,000 0.060 0.065 73,807,000 0.060 0.060 0.065 0.060   M    
Genting SP G13 i -- SGD 2.240
+0.020 +0.9 107,918,000 1,714,000 2.240 2.250 1,511,000 2.220 2.220 2.280 2.220   M    
Anchun MF5 i -- SGD 0.270
0.000 0.0 97,696,000 1,315,000 0.270 0.275 108,000 0.330 0.000 0.335 0.270 C      
MapletreeInd ME8U i -- SGD 1.090
-0.020 -1.8 74,441,000 1,012,000 1.090 1.100 6,027,000 1.110 1.110 1.120 1.080 C,M    
GLP MC0 i -- SGD 2.240
-0.010 -0.4 45,067,000 1,286,000 2.240 2.250 5,171,000 2.250 2.250 2.270 2.230 C,M    
SGX S68 i CD SGD 8.950
-0.590 -6.2 44,253,000 39,000 8.950 8.960 5,000 9.000 9.540 9.410 8.900 C,M   
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25-Oct-2010 17:26 SGX   /   SGX       Go to Message
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x 0

Monday: 25 10 2010  CLOSING

Stock Code i Rmk Ccy Last $Chng %Chng Vol Buy Vol Buy Sell Sell Vol Open Previous Day Hi Day Lo Ind
GoldenAgr E5H i -- SGD 0.695
+0.035 +5.3 156,395,000 3,256,000 0.690 0.695 5,094,000 0.665 0.660 0.700 0.665   M    
BerlianLaju B66 i -- SGD 0.060
0.000 0.0 136,910,000 3,047,000 0.060 0.065 73,807,000 0.060 0.060 0.065 0.060   M    
Genting SP G13 i -- SGD 2.240
+0.020 +0.9 107,918,000 1,714,000 2.240 2.250 1,511,000 2.220 2.220 2.280 2.220   M    
Anchun MF5 i -- SGD 0.270
0.000 0.0 97,696,000 1,315,000 0.270 0.275 108,000 0.330 0.000 0.335 0.270 C      
MapletreeInd ME8U i -- SGD 1.090
-0.020 -1.8 74,441,000 1,012,000 1.090 1.100 6,027,000 1.110 1.110 1.120 1.080 C,M    
GLP MC0 i -- SGD 2.240
-0.010 -0.4 45,067,000 1,286,000 2.240 2.250 5,171,000 2.250 2.250 2.270 2.230 C,M    
SGX S68 i CD SGD 8.950
-0.590 -6.2 44,253,000 39,000 8.950 8.960 5,000 9.000 9.540 9.410 8.900 C,M   



pharoah88      ( Date: 25-Oct-2010 14:49) Posted:



Monday: 25 10 2010    PERPETUAL  SELF-UPDATING  LIVE  CHART




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25-Oct-2010 17:23 Genting Sing   /   GenSp starts to move up again       Go to Message
x 0
x 0

Monday: 25 10 2010  CLOSING

GENTING  HK  OUT  of  TOP 20 VOLUME CHART

Stock Code i Rmk Ccy Last $Chng %Chng Vol Buy Vol Buy Sell Sell Vol Open Previous Day Hi Day Lo Ind
GoldenAgr E5H i -- SGD 0.695
+0.035 +5.3 156,395,000 3,256,000 0.690 0.695 5,094,000 0.665 0.660 0.700 0.665   M    
BerlianLaju B66 i -- SGD 0.060
0.000 0.0 136,910,000 3,047,000 0.060 0.065 73,807,000 0.060 0.060 0.065 0.060   M    
Genting SP G13 i -- SGD 2.240
+0.020 +0.9 107,918,000 1,714,000 2.240 2.250 1,511,000 2.220 2.220 2.280 2.220   M    
Anchun MF5 i -- SGD 0.270
0.000 0.0 97,696,000 1,315,000 0.270 0.275 108,000 0.330 0.000 0.335 0.270 C      
MapletreeInd ME8U i -- SGD 1.090
-0.020 -1.8 74,441,000 1,012,000 1.090 1.100 6,027,000 1.110 1.110 1.120 1.080 C,M    
GLP MC0 i -- SGD 2.240
-0.010 -0.4 45,067,000 1,286,000 2.240 2.250 5,171,000 2.250 2.250 2.270 2.230 C,M    
SGX S68 i CD SGD 8.950
-0.590 -6.2 44,253,000 39,000 8.950 8.960 5,000 9.000 9.540 9.410 8.900 C,M   
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25-Oct-2010 17:19 Genting Sing   /   GenSp starts to move up again       Go to Message
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Monday:  25 10 2010  CLOSING

 Genting SP (G13) 
Day Hi 2.280 Last 2.240 Vol 107,918,000
Day Lo 2.220 $Chng +0.020


Price Trades Volume Sold to Buyer Mid Bought from Seller
2.220 1 768,000 768,000 0 0
2.230 46 1,008,000 291,000 0 717,000
2.240 89 4,013,000 3,983,000 0 30,000
2.245 1 2,000 0 2,000 0
2.247 1 3,000 0 3,000 0
2.248 1 8,246,000 0 8,246,000 0
2.250 432 18,512,000 9,194,000 0 9,318,000
2.260 670 29,549,000 22,954,000 0 6,595,000
2.261 3 240,000 0 240,000 0
2.264 1 17,000 0 17,000 0
2.270 690 45,428,000 17,819,000 0 27,609,000
2.280 20 100,000 0 0 100,000
TOTAL 1,955 107,886,000 55,009,000 8,508,000 44,369,000
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25-Oct-2010 17:17 Genting Sing   /   GenSp starts to move up again       Go to Message
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Monday:  25 10 2010  CLOSING

 

 

SELL  DOWN

Time Price Trade Size Bid-Ask
-- -- -- --
17:05:03 2.240 2,270,000 Sold To Buyer
16:59:59 2.250 5,000 Bought From Seller

15:38:30 2.250 1,100,000 Bought From Seller

15:20:18 2.260 1,638,000 Sold To Buyer



pharoah88      ( Date: 25-Oct-2010 14:08) Posted:

Monday: 25 10 2010

the  sIgnal

13:59:01 2.270 3,740,000 Bought From Seller
13:59:01 2.270 1,674,000 Bought From Seller
12:29:51 2.270 35,000 Bought From Seller



pharoah88      ( Date: 25-Oct-2010 13:53) Posted:



Monday: 25 10 2010  prIce actIOns

Time Price Trade Size Bid-Ask
-- -- -- --
12:29:51 2.270 35,000 Bought From Seller
12:29:00 2.270 1,000 Bought From Seller


10:15:27 2.270 2,500,000 Bought From Seller


09:55:36 2.260 1,001,000 Sold To Buyer
09:55:34 2.260 2,000 Sold To Buyer
09:55:31 2.260 60,000 Sold To Buyer
09:55:25 2.260 1,000,000 Sold To Buyer


09:38:45 2.270 1,000,000 Bought From Seller


09:34:48 2.270 1,000,000 Bought From Seller


09:29:44 2.270 1,286,000 Bought From Seller
09:29:44 2.260 200,000 Sold To Buyer
09:29:43 2.270 50,000 Bought From Seller
09:29:39 2.270 1,000 Bought From Seller
09:29:38 2.270 2,500,000 Bought From Seller


09:27:20 2.270 2,872,000 Sold To Buyer


09:17:56 2.270 1,000,000 Sold To Buyer
09:17:54 2.270 1,397,000 Bought From Seller


09:12:00 2.260 2,668,000 Bought From Seller
09:11:59 2.250 5,000 Sold To Buyer
09:11:59 2.260 200,000 Bought From Seller
09:11:57 2.260 1,000,000 Bought From Seller


09:07:16 2.248 8,246,000 X


Good Post  Bad Post 
25-Oct-2010 17:06 Trading Techniques   /   ###### brOkerage & tradIng sysTems ######       Go to Message
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CFD   Brokerages  between

Direct Market Access  [DMA]

Market Maker  [House Trade]



BullishTempo      ( Date: 25-Oct-2010 16:18) Posted:



Thanks for the recommendation bro!

Yeah I did check out City Index, very low commission, only $10 per trade regardless of size. Sounds very attractive, but the catch? They are market makers. You are trading with the house ie. City Index, and not trading with the real underlying market. I really don't like that idea.

MF Global and Ig Markets have direct market access and so they are not market makers.

But commission is the pain, 0.18% for MF Global, 0.2% for Ig Markets. Nevermind, that is the cost of doing business as a trader. 


Need to do actual calculation for each trade before deciding which platform to use.
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25-Oct-2010 16:31 All-S Equities Fin   /   SINGAPORE BANKS - UOB + OCBC + DBS       Go to Message
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A home loan price war on the horizon?

Sibor, commonly used by Singapore banks to peg their variable home loan rates, hits its lowest in 23 years

Julie Quek

juliequek@ mediacorp.com.sg

SINGAPORE

The benchmark Singapore interbank offered rate for three-month Singapore denominated loans (Sibor) was at 0.44 per cent on Friday — its lowest in 23 years, according to

The Sibor is commonly used by Singapore banks to peg their variable home loan rates.

So far, Mr Dennis Ng, founder of mortgage consultancy portal HousingLoanSG.com said that the price war for home loans has gained intensity over the past six months.

“The loan rates offered by banks here have already been cut to the bone, and it will be difficult for the banks to earn sufficient margins should they undercut each other further,” Mr Ng said.

Rates for home loan packages pegged to the interbank rate are likely to continue to fall from the low interest rate environment, observers said.

Currently, OCBC’s first-year rate for the bank’s variable package for HDB flats stands at 1.18 per cent annually. Both UOB and DBS declined to reveal their rates for the period when contacted by MediaCorp.

Analysts estimate the average variable public housing home loan rate for the first year is now between 0.9 per cent and 1.4 per cent.

But they said the current low Sibor rates will not be sustainable in the long-term.

Ms Christine Kuo, senior analyst (financial institutions group) at Moody’s Singapore, said that she does not see a large-scale price war for the banks here.

“However, I would not be surprised if some local or foreign banks or finance companies (start to) offer lower rates to selective customers for a short period of time,” added Ms Kuo.

A DBS spokesperson said “certain rates that are pegged to shorter tenor Sibor or swap offer rates can be particularly volatile”. Thus, “homebuyers need to ensure that they are able to handle the expected range of fluctuations, particularly if there is a lock-in period”, the DBS spokeperson added.

DBS advised customers who are worried about the volatility of the Sibor rates to go for a five-year fixed rate home loan package, which will offer greater stability in repayment.

This will allow them to enjoy the current low interest rate for the entire duration of the minimum occupancy period for HDB flats, the bank said.

UOB advised new homeowners to remember that buying a home is a long-term financial commitment.

“Regardless of the prevailing interest rate environment, and the first-year rates, home buyers should always calculate their own affordability level to ensure that they are able to service a housing loan over a longer period of time,” a UOB spokesperson said.— Record-low interest rates could re-ignite the price war for a piece of the home loan pie, industry observers said.Bloomberg data.

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25-Oct-2010 16:30 User Research/Opinions   /   ?*?#? MERITOCRACY ?#?*?#? REALITY ?*?#?       Go to Message
x 0
x 0

A home loan price war on the horizon?

Sibor, commonly used by Singapore banks to peg their variable home loan rates, hits its lowest in 23 years

Julie Quek

juliequek@ mediacorp.com.sg

SINGAPORE

The benchmark Singapore interbank offered rate for three-month Singapore denominated loans (Sibor) was at 0.44 per cent on Friday — its lowest in 23 years, according to

The Sibor is commonly used by Singapore banks to peg their variable home loan rates.

So far, Mr Dennis Ng, founder of mortgage consultancy portal HousingLoanSG.com said that the price war for home loans has gained intensity over the past six months.

“The loan rates offered by banks here have already been cut to the bone, and it will be difficult for the banks to earn sufficient margins should they undercut each other further,” Mr Ng said.

Rates for home loan packages pegged to the interbank rate are likely to continue to fall from the low interest rate environment, observers said.

Currently, OCBC’s first-year rate for the bank’s variable package for HDB flats stands at 1.18 per cent annually. Both UOB and DBS declined to reveal their rates for the period when contacted by MediaCorp.

Analysts estimate the average variable public housing home loan rate for the first year is now between 0.9 per cent and 1.4 per cent.

But they said the current low Sibor rates will not be sustainable in the long-term.

Ms Christine Kuo, senior analyst (financial institutions group) at Moody’s Singapore, said that she does not see a large-scale price war for the banks here.

“However, I would not be surprised if some local or foreign banks or finance companies (start to) offer lower rates to selective customers for a short period of time,” added Ms Kuo.

A DBS spokesperson said “certain rates that are pegged to shorter tenor Sibor or swap offer rates can be particularly volatile”. Thus, “homebuyers need to ensure that they are able to handle the expected range of fluctuations, particularly if there is a lock-in period”, the DBS spokeperson added.

DBS advised customers who are worried about the volatility of the Sibor rates to go for a five-year fixed rate home loan package, which will offer greater stability in repayment.

This will allow them to enjoy the current low interest rate for the entire duration of the minimum occupancy period for HDB flats, the bank said.

UOB advised new homeowners to remember that buying a home is a long-term financial commitment.

“Regardless of the prevailing interest rate environment, and the first-year rates, home buyers should always calculate their own affordability level to ensure that they are able to service a housing loan over a longer period of time,” a UOB spokesperson said.— Record-low interest rates could re-ignite the price war for a piece of the home loan pie, industry observers said.Bloomberg data.

Good Post  Bad Post 
25-Oct-2010 16:07 All-S Equities Fin   /   SINGAPORE BANKS - UOB + OCBC + DBS       Go to Message
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x 0

Singapore — Analysts expect Singapore’s three big banks to report weaker earnings for the third quarter of this year, due to an all-time low Singapore Interbank Offered Rate or Sibor.

As of last Friday, Sibor stands at 0.44 per cent or 44 basis points — it’s lowest in 23 years. As interest from interbank loans is pegged to Sibor, analysts said banks may see lower net interest incomes in their latest financial results.

Analysts said more hot money is expected to flow into this region as a result of quantitative easing in developed markets.

“It seems increasingly likely that the Sibor could stay at this very low level for a very protracted period of time,” said RBS banking analyst Trevor Kalcic.

He foresees Sibor to increase marginally to 60 basis points or 0.6 per cent for this year and to 80 points or 0.8 per cent for next year.

RBS maintained its “sell” call on DBS Bank, which will release its results on Nov 4, citing low rate headwinds as a strain to earnings into next year.

To limit the impact of low interest rates, Mr Kalcic expects DBS to post strong loan growth for its third quarter results.

According to RBS forecasts for third quarter results, UOB and DBS may report lower interest incomes, with DBS posting the biggest decrease at 10.5 per cent on-year.

But Mr Alfred Chan, banking analyst at Fitch Ratings, said long-term prospects for banks remain bright.

“Banks are generally reporting stronger profitability in 2010 than 2009. They have been making provisions in 2009 for stress environments,” he said.

“They also have very liquid balance sheet. They are able to manage the low interest situation as they already have a strong deposits base,” said Mr Chan.

With Singapore’s growth forecast of 5 per cent next year, he expects robust economic activity to provide support for the banks’ diversified revenue streams. One of these streams is loan growth. Mr Kalcic said loan growth is picking up and should reach 10 per cent for this year and the next.

“After lagging for some time, business lending is starting to accelerate,” he said, adding that it will impact earnings more positively compared to consumer lending.

“The reason is that consumer lending is primarily driven by mortgage lending, which is a relatively low-margin business.” said Mr Kalcic.

Jo-ann Huang


pharoah88      ( Date: 25-Oct-2010 16:01) Posted:

Record-low Sibor to hit local SINGAPORE bank earnings

The reason is that consumer lending is primarily driven by mortgage lending, which is a relatively low-margin business.

RB S banking analyst Trevor Kalcic
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25-Oct-2010 16:01 All-S Equities Fin   /   SINGAPORE BANKS - UOB + OCBC + DBS       Go to Message
x 0
x 0 		Record-low Sibor to hit local SINGAPORE bank earnings

The reason is that consumer lending is primarily driven by mortgage lending, which is a relatively low-margin business.

RB S banking analyst Trevor Kalcic

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25-Oct-2010 15:58 User Research/Opinions   /   ?*?#? MERITOCRACY ?#?*?#? REALITY ?*?#?       Go to Message
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Singapore —

As of last Friday, Sibor stands at 0.44 per cent or 44 basis points — it’s lowest in 23 years. As interest from interbank loans is pegged to Sibor, analysts said banks may see lower net interest incomes in their latest financial results.

Analysts said more hot money is expected to flow into this region as a result of quantitative easing in developed markets.

“It seems increasingly likely that the Sibor could stay at this very low level for a very protracted period of time,” said RBS banking analyst Trevor Kalcic.

He foresees Sibor to increase marginally to 60 basis points or 0.6 per cent for this year and to 80 points or 0.8 per cent for next year.

RBS maintained its “sell” call on DBS Bank, which will release its results on Nov 4, citing low rate headwinds as a strain to earnings into next year.

To limit the impact of low interest rates, Mr Kalcic expects DBS to post strong loan growth for its third quarter results.

According to RBS forecasts for third quarter results, UOB and DBS may report lower interest incomes, with DBS posting the biggest decrease at 10.5 per cent on-year.

But Mr Alfred Chan, banking analyst at Fitch Ratings, said long-term prospects for banks remain bright.

“Banks are generally reporting stronger profitability in 2010 than 2009. They have been making provisions in 2009 for stress environments,” he said.

“They also have very liquid balance sheet. They are able to manage the low interest situation as they already have a strong deposits base,” said Mr Chan.

With Singapore’s growth forecast of 5 per cent next year, he expects robust economic activity to provide support for the banks’ diversified revenue streams. One of these streams is loan growth. Mr Kalcic said loan growth is picking up and should reach 10 per cent for this year and the next.

“After lagging for some time, business lending is starting to accelerate,” he said, adding that it will impact earnings more positively compared to consumer lending.

“The reason is that consumer lending is primarily driven by mortgage lending, which is a relatively low-margin business.” said Mr Kalcic.

Analysts expect Singapore’s three big banks to report weaker earnings for the third quarter of this year, due to an all-time low Singapore Interbank Offered Rate or Sibor.Jo-ann Huang

pharoah88      ( Date: 25-Oct-2010 15:52) Posted:



Record-low Sibor to hit local SINGAPORE bank earnings

The reason is that consumer lending is primarily driven by mortgage lending, which is a relatively low-margin business.

RB S banking analyst Trevor Kalcic
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25-Oct-2010 15:52 User Research/Opinions   /   ?*?#? MERITOCRACY ?#?*?#? REALITY ?*?#?       Go to Message
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Record-low Sibor to hit local SINGAPORE bank earnings

The reason is that consumer lending is primarily driven by mortgage lending, which is a relatively low-margin business.

RB S banking analyst Trevor Kalcic

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25-Oct-2010 15:05 SGX   /   SGX       Go to Message
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Stock Code i Rmk Ccy Last $Chng %Chng Vol Buy Vol Buy Sell Sell Vol Open Previous Day Hi Day Lo Ind
GoldenAgr E5H i -- SGD 0.695
+0.035 +5.3 113,762,000 10,701,000 0.695 0.700 11,720,000 0.665 0.660 0.700 0.665   M    
Anchun MF5 i -- SGD 0.280
0.000 0.0 86,083,000 1,267,000 0.280 0.285 2,275,000 0.330 0.000 0.335 0.275   M    
Genting SP G13 i -- SGD 2.270
+0.050 +2.3 85,406,000 4,344,000 2.260 2.270 4,052,000 2.220 2.220 2.280 2.220 C      
BerlianLaju B66 i -- SGD 0.060
0.000 0.0 83,062,000 39,913,000 0.060 0.065 88,953,000 0.060 0.060 0.065 0.060   M    
MapletreeInd ME8U i -- SGD 1.090
-0.020 -1.8 59,349,000 2,075,000 1.090 1.100 6,073,000 1.110 1.110 1.120 1.080 C,M    
SGX S68 i CD SGD 9.040
-0.500 -5.2 32,323,000 176,000 9.040 9.050 12,000 9.000 9.540 9.410 8.900 C,M    
GLP MC0 i -- SGD 2.250
0.000 0.0 28,175,000 6,440,000 2.240 2.250 5,040,000 2.250 2.250 2.270 2.240 C,M  
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25-Oct-2010 14:49 SGX   /   SGX       Go to Message
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Monday: 25 10 2010    PERPETUAL  SELF-UPDATING  LIVE  CHART



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25-Oct-2010 14:38 SGX   /   SGX       Go to Message
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Stock Code i Rmk Ccy Last $Chng %Chng Vol Buy Vol Buy Sell Sell Vol Open Previous Day Hi Day Lo Ind
Genting SP G13 i -- SGD 2.260
+0.040 +1.8 84,569,000 3,141,000 2.260 2.270 4,296,000 2.220 2.220 2.280 2.220   M    
Anchun MF5 i -- SGD 0.285
0.000 0.0 83,046,000 909,000 0.285 0.290 3,978,000 0.330 0.000 0.335 0.275 C      
GoldenAgr E5H i -- SGD 0.690
+0.030 +4.6 78,806,000 2,340,000 0.685 0.690 11,009,000 0.665 0.660 0.690 0.665   M    
BerlianLaju B66 i -- SGD 0.060
0.000 0.0 55,769,000 64,646,000 0.060 0.065 102,957,000 0.060 0.060 0.065 0.060   M    
MapletreeInd ME8U i -- SGD 1.100
-0.010 -0.9 51,991,000 7,079,000 1.090 1.100 6,278,000 1.110 1.110 1.120 1.080 C,M    
SGX S68 i CD SGD 9.100
-0.440 -4.6 29,773,000 131,000 9.090 9.100 180,000 9.000 9.540 9.410 8.900 C,M    
ChinaNTown D4N i -- SGD 0.170
-0.010 -5.6 27,788,000 5,331,000 0.170 0.175 4,439,000 0.180 0.180 0.185 0.165   M    
GLP MC0 i -- SGD 2.250
0.000 0.0 23,813,000 3,051,000 2.250 2.260 4,461,000 2.250 2.250 2.270 2.240 C,M 
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25-Oct-2010 14:27 Genting Sing   /   GenSp starts to move up again       Go to Message
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BullishTempo      ( Date: 25-Oct-2010 14:19) Posted:

Genting Singapore up ahead of Q3 earnings

Tags: Genting Singapore
WRITTEN BY THOMSON REUTERS   
MONDAY, 25 OCTOBER 2010 12:00
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Shares of casino operator Genting Singapore <GENS.SI> rose as much as 2.7% in morning trade on Monday as investors were bullish about its third quarter earnings next month.

At 0341 GMT, Genting Singapore shares were trading at $2.26 on a volume of 73.5 million shares.
 
“Trading of Genting shares is still quite active on expectations of its third quarter results next month,” said a local trader.
 
“Its second quarter results were very good so investors expect third quarter results to also be good because tourism has been positive and there are a lot of visitors to the casinos,” he added.
 
The casino operator is expected to announce its third quarter results in early November. 
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