ShareJunction - Member Posts

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Greek Finance Minister Evangelos told the ruling party of 3 possible outcomes to the debt crisis, including one that involves an orderly default with a 50% loss for bondholders.

Venizelos outlined “good, bad and better” July 21 accord for a 2nd financing package, projects a 20% loss for bondholders.

The “bad” scenario is a collapse of the accord and a disorderly default. The “better” one involves an orderly default in the euro area with Venizelos indicating a 50% haircut for investors, the newspaper said. That outcome isn’t something Greece can request and requires the agreement and coordination of many...

Greece debt holders to take a 50% hair-cut i.e. cut Greece debt from Euro 340billion to Euro ... least Euro 2 trillion and perhaps even Euro 3 trillion by leveraging up ...

Euro-Zone Prepares to Print Trillions in Advance of Greece Debt Default ...

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There R as many out there, oni tip of d ice berg, gamblers usually losses alot 1, oni none gamble trader win.

Most recent n famous case is UBS rouge trader - $2 bln lost, and most recently Euro 17 states is asking Greece to hav a hair cut up to 50%. So banks and bankers don always win.

Instead of oni lossing 21% or loss 0.21 cents, every dollar loaned out, bankers lost 0.50 cents.

JustinQuek ( Date: 14-Oct-2011 21:49) Posted:

been burn when stops drop i buy b4 or burn harder when stocks rise i buy. Market trend is like this you wont know and when drop ...you think its momentarily that it continues on and on and the loss gets bigger and bigger i now getting out all those lossess laio this week recoup staggering 7k

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Agree with U. It will take one to climb many mountains, up and down and up and down B4 it can reach. Whatever prices been target at...just respect mkt players play, as mkt don respect players.

JustinQuek ( Date: 14-Oct-2011 21:17) Posted:

learn to run away from this stock as i doubt i takes that fast to go back to 1 dollar. Survive and come back another day. PAPER loss and long time investment is just excuses when one has made loss. I made a loss b4 and from time to time. I admit that.

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Today. Focusing on Euro woes and China inflation...HK bourse is down..-222 pt or 1.2%

China September inflation slows slightly to 6.1% - AFP

China's consumer price index rose 6.1 percent in September from a year earlier, the government said Friday, slowing marginally from an annual rise of 6.2 percent in August. Stubbornly high inflation ...

kokhong ( Date: 14-Oct-2011 10:58) Posted:

Is us or europe future index a good indicator of how STI will fare next mon or even today? I'm new to this market, any sifu to enlighten?

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SS - OCBC, 1st round to take profit. Others research is for super long at $0.61, while yet another is value super short at $0.305 to buy...Happy trading...Ya.

analyst ( Date: 14-Oct-2011 10:12) Posted:

0.43cts is just a fair value estimate by OCBC IR. There is another research analyst giving a fair value estimate of 0.61cts while another giving a value of 0.305cts. Estimated values are just figures for reference. Many times, it confused many investors.

louis001 ( Date: 14-Oct-2011 09:36) Posted:

so finally after 1 week....SSG touches 43cts now....

get ready for some rain and showers coming...

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Oct 13 - Global private equity firm TPG Capital is preparing to launch a $4-5 bln fund in mid Oct to invest in Asia, which would be the largest fund focused on the region since the global downturn.

Asia now rivals Europe for investor dollars -- Europe accounts for 23% of funds raising capital.

Other funds are also set to test investor appetite for private equity investments in Asia.

Morgan Stanley Asia Private Equity is preparing to launch a new fund, which will be around the same size as its current $1.5 bln fund.

(Reuters)

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teeth53 thot: Sharing info - Enjoy the wild ride, DOW is testing 11,400 pt, now trading > 115 pt or -1.0%

Isolator ( Date: 13-Oct-2011 22:17) Posted:

Markets move either direction.... When certain point has been break, we must be decisive to change position or no position.... Dont underestimate the reversal strength.... Better be safe than sorry.... If False, then continue when dust settled...

I do not have any short position now.... Just want to be safe than sorry..... Enjoy.... 3 digit green dow tonight? lol

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http://sg.finance.yahoo.com/q?s=5EN.SI

Tomorro- Friday, last day of d wk, many don not want to hold, as for tonite Euro is trading weak, DOW - who is looking to Euro big 3 trading bourses for trading signal...RED so far.

Those bot Midas 1-2day B4, included today profit taken liao. Special on the last hour.

Wall Street falls after China data, JPMorgan earnings

US stocks open lower

teeth3 thot: The way Midas mkt players play. (Got to respect mkt, as mkt do not respect players)

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ttp://money.cnn.com/2011/10/13/markets/markets_newyork/index.htm (on global economic slowdown)

Thurs. U.S. stks stumbled, as investors monitored the latest developments in Europe's debt crisis and digested JPMorgan Chase's earnings.

China on Focus. Weaker-than-expected trade data also spooked investors, amid mounting concerns.

Dow (INDU) fell 78pts -0.7%, S& P 500 (SPX) fell 9pts -0.7%, and Nasdaq (COMP) lost 7pts -0.3%.

Financials were among the big losers, with JPMorgan Chase posting the biggest losses on the Dow and S& P 500. Shares of the bank were down almost 4%.

teeth53 thot: Will our 3 local banks show same symptom?, tomorro is Fri - last day of d wk for trading.

teeth53 ( Date: 11-Oct-2011 23:02) Posted:

Greece to get loan, Trichet says crisis systemic - Reuters

Still Euro: 1st - debts woes, almost settle with Greece. " Just happens likely to approve the facility, which would be used toward the 2nd bailout for Greece." Then this...(equities) rally has stalled Euro bourses are reversing after some hesitation on Slovakia's part about approving an extension of the EFSF.

At this hours. S& P 500 and Nasdaq has just float above water. DOW too oso trying for green terrority. http://sg.finance.yahoo.com/ S& P 500 and Nasdaq turn positive

while in EURO, DAX is leading the green charges +15pt or +0.25% http://sg.finance.yahoo.com/#market_summary_EUROPE

teeth53: Do ur own analysis. Nobody is going to be responsble for calling, (Win or Loss) to long or to short..?.

belgeran ( Date: 11-Oct-2011 16:21) Posted:

eh... will the market now start to focus on china... instead of europe.. ?

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Singapore to KL is...302 kilometres (188 miles)

http://www.channelnewsasia.com/stories/afp_asiapacific/view/1159134/1/.html

Thursday. TOKYO: A radiation hotspot has been detected in Tokyo.

How far contamination has spread from the crippled Fukushima nuclear plant. 220 kilometres (136 miles)

Japanese media said researchers found radiation levels of 3.35 microsieverts per hour along a street in the west of the capital -- much higher than previously reported levels.

Higher readings come as more tests illustrate, how far fall-out - Fukushima disaster have spread, with elevated levels of radioactive caesium recently found far away.

Yokohama, more than 241 kilometres (150 miles) from the plant.

Radiation fears are a daily fact of life in many parts of Japan following the earthquake and tsunami-sparked meltdowns at the plant, with reported cases of contaminated water, beef, vegetables, tea and seafood.

teeth53 ( Date: 29-Sep-2011 22:57) Posted:

\!BOOM!/ Imagine if we had a nuclear reactor. Fumes today. If radiation. How?. Blakang MATI !

plant here?straitstimes.com : Pedra Branca island east of Singapore

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Well supported by BBs when it hit low...< 0.40c, today SS vol oso increases, several 1-2 million changed hands at 0.425, It too oso took profiting by many after it run up, on Euro mkt weak opening. Happy trading.

Last	Trades	Volume	Bid Volume	Mid	Ask Volume
0.415	72	3,424,000	2,697,000	0	727,000
0.420	231	12,044,000	4,953,000	0	7,091,000
0.425	486	32,004,000	14,302,000	0	17,702,000
0.430	95	5,186,000	0	0	5,186,000
TOTAL	884	52,658,000	21,952,000	0	30,706,000

Sheng Siong

Op-0.420

Cls-0.425

+0.005

+1.2%

Vol-52,658,000

1,038,000

0.420

0.425

969,000

Hi-0.430

lo-0.415

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Europe's mkts fell, start of trading on Thurs as investors took profits, with London's FTSE 100 index of leading shares down -0.58% at 5,410.16 pts.

Frankfurt's DAX 30 shed -0.40% to 5,994.47 pts and in Paris the CAC 40 lost -0.49% at 3,212.54 pts.

teeth53 thot: Responsing to Euro weak opening, many seem to profiting after it run up...Happy trading.

Last	Trades	Volume	Bid Volume	Mid	Ask Volume
0.355	69	1,588,000	1,099,000	0	489,000
0.360	37	830,000	131,000	0	699,000
0.365	218	5,679,000	1,941,000	0	3,738,000
0.370	388	10,781,000	6,834,000	0	3,947,000
0.375	490	13,183,000	3,185,000	0	9,998,000
0.380	17	126,000	0	1,000	125,000
TOTAL	1,219	32,187,000	13,190,000	1,000	18,996,000

MIDAS

Op-0.355

Cls-0.370

+0.020

+5.7%

Vol-32,187,000

1,272,000

0.365

0.370

1,351,000

Hi-0.380

Lo-0.355

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Greece to get loan, Trichet says crisis systemic - Reuters

Still Euro: 1st - debts woes, almost settle with Greece. " Just happens likely to approve the facility, which would be used toward the 2nd bailout for Greece." Then this...(equities) rally has stalled Euro bourses are reversing after some hesitation on Slovakia's part about approving an extension of the EFSF.

At this hours. S& P 500 and Nasdaq has just float above water. DOW too oso trying for green terrority. http://sg.finance.yahoo.com/ S& P 500 and Nasdaq turn positive

while in EURO, DAX is leading the green charges +15pt or +0.25% http://sg.finance.yahoo.com/#market_summary_EUROPE

teeth53: Do ur own analysis. Nobody is going to be responsble for calling, (Win or Loss) to long or to short..?.

belgeran ( Date: 11-Oct-2011 16:21) Posted:

eh... will the market now start to focus on china... instead of europe.. ?

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Stocks that don make profit or much profit - made very profit trading - volatile play

Stocks that is battled down, now battling more for breathing space - sentiment play.

Stocks that is basically well funded on sound footing, can't profit much - defensive play.

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teeth53 thot: It make sense, a drop in ocean, compare to Dexia. European stocks climb on support for banks

Greece and the Euro Union are pushing the country's fragmented banks to consolidate into larger units to better cope with the country's debt crisis and recession, Attica's move comes after Proton announced on Sunday that it was under investigation by the central bank for possible violations of the country's money-laundering laws.

Attica and Proton are the smallest of Greece's 13 listed lenders. Attica has a market value of 176 million euros and Proton of 29 million euros.

Belgium - Dexia has global credit risk exposure of $700 bil - more than twice Greece's GDP - and its rescue has stoked investors' anxieties about the strength of European banks in general.

teeth53 ( Date: 10-Oct-2011 22:47) Posted:

teeth53 thot: It make sense...Happy trading for Tues Punters, Believe STI going green again.

The Dow Jones industrial average (DJI:^DJI - News) was up +232.20 points, or 2.09%, to 11,335.32.

Taking lead and Q from Euro three big trading exchange (FTSE 100, DAX and CAC 40 - up about +2%)

http://sg.finance.yahoo.com/news/European-pledge-lifts-Wall-rb-1626205162.html?x=0

teeth53 ( Date: 10-Oct-2011 13:42) Posted:

teeth53 thot: In this scary mkt. it make more sense to either do this, nationalisation of its Belgian banking division or do a M& A, and or able to re-cap banks.

Monday Oct 10, 2011. by Philip Blenkinsop and Robert-Jan Bartunek reported from BRUSSELS.

(Reuters) - Franco-Belgian bank Dexia agreed to the nationalisation of its Belgian banking division and secured state guarantees, a rescue that could pressure other euro zone govts to strengthen their banking sectors.

Belgium will pay 4 bil euros $5.4 bil (3.4 bil pound) to buy Dexia Bank Belgium, the largely retail Belgian division, which has 6,000 staff and deposits totalling 80 billion euros from 4 million customers.

Dexia also secured state guarantees of up to 90 billion euros to secure borrowing over the next 10 years. Belgium would provide 60.5% of these guarantees, France 36.5% and Luxembourg 3%.

Dexia's announcement came after a board meeting that lasted some 14 hours from mid-afternoon Sunday after France, Belgium and Luxembourg had agreed a rescue plan.

Extraordinary meetings at the end of the wkend had echoes of the dismantlement of financial group Fortis in October 2008 by the Netherlands, Belgium and BNP Paribas. Then, shareholders protested at the initial terms offered, and only agreed on improved terms six mths later.

Finance Minister Didier Reynders said deal should not push Belgium's debt-to-GDP ratio above 100%. Dexia, which used short-term funding to finance long-term lending, found credit drying up as the euro zone debt crisis worsened. The problem was exacerbated by the bank's heavy exposure to Greece.

The govts rushed to support Dexia in becaming d 1st bank to fall victim to the 2-yr-old euro zone debt crisis, as a credit crunch denied it access to wholesale funds and sent its shares down 42% last wk.

Friday. Ratings agency Moody's has warn Belgium, its Aa1 govt bond ratings may fall. It country had a debt-to-GDP ratio of 96.2% last year, lower only than Greece and Italy among euro zone members and on a par with bailout recipient Ireland.

Dexia has global credit risk exposure of $700 bil - more than twice Greece's GDP - and its rescue has stoked investors' anxieties about the strength of European banks in general.

The govts' rescue package came as the leaders of France and Germany agreed that European banks needed to be recapitalised, but papered over differences on how that would happen. Fresh reports over the wkend, big French banks BNP Paribas and Societe Generale might agree to capital injections as part of a Euro-wider plan to boost lenders' financial strength. However..

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teeth53 thot: It make sense...Happy trading for Tues Punters, Believe STI going green again.

The Dow Jones industrial average (DJI:^DJI - News) was up +232.20 points, or 2.09%, to 11,335.32.

Taking lead and Q from Euro three big trading exchange (FTSE 100, DAX and CAC 40 - up about +2%)

http://sg.finance.yahoo.com/news/European-pledge-lifts-Wall-rb-1626205162.html?x=0

teeth53 ( Date: 10-Oct-2011 13:42) Posted:

teeth53 thot: In this scary mkt. it make more sense to either do this, nationalisation of its Belgian banking division or do a M& A, and or able to re-cap banks.

Monday Oct 10, 2011. by Philip Blenkinsop and Robert-Jan Bartunek reported from BRUSSELS.

(Reuters) - Franco-Belgian bank Dexia agreed to the nationalisation of its Belgian banking division and secured state guarantees, a rescue that could pressure other euro zone govts to strengthen their banking sectors.

Belgium will pay 4 bil euros $5.4 bil (3.4 bil pound) to buy Dexia Bank Belgium, the largely retail Belgian division, which has 6,000 staff and deposits totalling 80 billion euros from 4 million customers.

Dexia also secured state guarantees of up to 90 billion euros to secure borrowing over the next 10 years. Belgium would provide 60.5% of these guarantees, France 36.5% and Luxembourg 3%.

Dexia's announcement came after a board meeting that lasted some 14 hours from mid-afternoon Sunday after France, Belgium and Luxembourg had agreed a rescue plan.

Extraordinary meetings at the end of the wkend had echoes of the dismantlement of financial group Fortis in October 2008 by the Netherlands, Belgium and BNP Paribas. Then, shareholders protested at the initial terms offered, and only agreed on improved terms six mths later.

Finance Minister Didier Reynders said deal should not push Belgium's debt-to-GDP ratio above 100%. Dexia, which used short-term funding to finance long-term lending, found credit drying up as the euro zone debt crisis worsened. The problem was exacerbated by the bank's heavy exposure to Greece.

The govts rushed to support Dexia in becaming d 1st bank to fall victim to the 2-yr-old euro zone debt crisis, as a credit crunch denied it access to wholesale funds and sent its shares down 42% last wk.

Friday. Ratings agency Moody's has warn Belgium, its Aa1 govt bond ratings may fall. It country had a debt-to-GDP ratio of 96.2% last year, lower only than Greece and Italy among euro zone members and on a par with bailout recipient Ireland.

Dexia has global credit risk exposure of $700 bil - more than twice Greece's GDP - and its rescue has stoked investors' anxieties about the strength of European banks in general.

The govts' rescue package came as the leaders of France and Germany agreed that European banks needed to be recapitalised, but papered over differences on how that would happen. Fresh reports over the wkend, big French banks BNP Paribas and Societe Generale might agree to capital injections as part of a Euro-wider plan to boost lenders' financial strength. However...

rotijai ( Date: 10-Oct-2011 09:06) Posted:

market is never crazy..

it will only make us crazy :

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teeth53 thot: In this scary mkt. it make more sense to either do this, nationalisation of its Belgian banking division or do a M& A, and or able to re-cap banks.

Monday Oct 10, 2011. by Philip Blenkinsop and Robert-Jan Bartunek reported from BRUSSELS.

(Reuters) - Franco-Belgian bank Dexia agreed to the nationalisation of its Belgian banking division and secured state guarantees, a rescue that could pressure other euro zone govts to strengthen their banking sectors.

Belgium will pay 4 bil euros $5.4 bil (3.4 bil pound) to buy Dexia Bank Belgium, the largely retail Belgian division, which has 6,000 staff and deposits totalling 80 billion euros from 4 million customers.

Dexia also secured state guarantees of up to 90 billion euros to secure borrowing over the next 10 years. Belgium would provide 60.5% of these guarantees, France 36.5% and Luxembourg 3%.

Dexia's announcement came after a board meeting that lasted some 14 hours from mid-afternoon Sunday after France, Belgium and Luxembourg had agreed a rescue plan.

Extraordinary meetings at the end of the wkend had echoes of the dismantlement of financial group Fortis in October 2008 by the Netherlands, Belgium and BNP Paribas. Then, shareholders protested at the initial terms offered, and only agreed on improved terms six mths later.

Finance Minister Didier Reynders said deal should not push Belgium's debt-to-GDP ratio above 100%. Dexia, which used short-term funding to finance long-term lending, found credit drying up as the euro zone debt crisis worsened. The problem was exacerbated by the bank's heavy exposure to Greece.

The govts rushed to support Dexia in becaming d 1st bank to fall victim to the 2-yr-old euro zone debt crisis, as a credit crunch denied it access to wholesale funds and sent its shares down 42% last wk.

Friday. Ratings agency Moody's has warn Belgium, its Aa1 govt bond ratings may fall. It country had a debt-to-GDP ratio of 96.2% last year, lower only than Greece and Italy among euro zone members and on a par with bailout recipient Ireland.

Dexia has global credit risk exposure of $700 bil - more than twice Greece's GDP - and its rescue has stoked investors' anxieties about the strength of European banks in general.

The govts' rescue package came as the leaders of France and Germany agreed that European banks needed to be recapitalised, but papered over differences on how that would happen. Fresh reports over the wkend, big French banks BNP Paribas and Societe Generale might agree to capital injections as part of a Euro-wider plan to boost lenders' financial strength. However...

rotijai ( Date: 10-Oct-2011 09:06) Posted:

market is never crazy..

it will only make us crazy :o

limkt009 ( Date: 10-Oct-2011 09:02) Posted:

Market is crazy...

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It's in the interest for SS BBs to give SS Boss, a strong push up initially, hitting a high of 0.570c.

Collected some kopi $ after sold off @0.555, then loss it to Midas. on average still make some kopi $.

Trading on a weaker / lower volume now@0.410 (It need strength to reach it old px, gd for short term trading)

AnthonyTan ( Date: 10-Oct-2011 12:33) Posted:

Agreed, for trading short term. How to invest in a provision

store business. I am not interested in investing in this kind.

cheers.

teeth53 ( Date: 10-Oct-2011 11:00) Posted:

SS is not short down, but slowly bot down, now trading at 0.405 cts, minus pt half a cent -0.005c

(ONI for short term trading, no interest in vesting - just sharing my trading info)

Sheng Siong Op-0.410 Cls-0.405 -0.005 -1.2% Vol-7,283,000 2,178,000 0.400 0.405 2,415,000 Hi-0.415 Lo-0.400

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SS is not short down, but slowly bot down, now trading at 0.405 cts, minus pt half a cent -0.005c

(ONI for short term trading, no interest in vesting - just sharing my trading info)

Sheng Siong Op-0.410 Cls-0.405 -0.005 -1.2% Vol-7,283,000 2,178,000 0.400 0.405 2,415,000 Hi-0.415 Lo-0.400

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STXOSV is back into dollar stocks for now, pending no further shock from Euro banking woes, not debt woes.

STXOSV

CPF

Op-1.005

cls-1.020

+0.035

+3.6%

Vol-8,620,000

223,000

1.015

1.020

252,000