ShareJunction - Member Posts

x 0

STI is d oni bourse turn RED and closed RED, catching up on others regional bourses (46th NDP - 9 Aug)

Wed -Aug 10, 2011. Straits Ti...

2,821.09 points

-62.91 or

-2.18%

teeth53 ( Date: 07-Aug-2011 11:25) Posted:

teeth53 ( Date: 03-Aug-2011 23:25) Posted:

Went down on a wild ride and up on a volatile day, the day after Aug 2, 2011.

This coming week - another volatile wk, help by DOW turbulence, a sell down like Thursday may not happen.

News like this help - Stocks took wild ride, as investors remain nervous about a global slowdown. News that Italy may have agreed to budgetary reforms helped lift markets in afternoon trading. More

Stocks plunged Thursday, with the Dow tumbling 512 points. It was the steepest point loss since October 2008 -- as fear about the global economy spooked investors.

teeth53 ( Date: 29-Jul-2011 21:35) Posted:

Dow kena hit by air turbulence, there after Aug 2, 2011. More air turbulence, and after come d sunshine.

x 0

Day after August 2, 2011. Debt default crises is settle, ripple effect taking it toll.

http://money.cnn.com/news/specials/debt-crisis/

teeth53 ( Date: 17-May-2011 22:23) Posted:

America's Debt Crisis We will have another crisis...By Penelope Wang @CNNMoney May 17, 2011: 7:37 AM ET

Robert Rodriguez, CEO of the FPA investment house, sees a lot of risks in the markets.

Robert Rodriguez, CEO of the FPA investment house, says there are plenty of risks out there and that investors have not learned the lessons of the past few years.

x 0

When Ah Ben speak, everyone listen....like that is more then enuff to spur...DOW.

http://www.bloomberg.com/news/2011-08-09/u-s-banks-advance-as-investors-snap-up-citigroup-bofa-at-two-year-lows.html

Citigroup Inc. (C) led banks higher in NY trading as investors bought shares at 2-year lows following the U.S. credit-rating downgrade and amid speculation that the Federal Reserve may take steps to spur the economy.

http://www.bloomberg.com/

U.S. stocks rallied the most in almost a year, rebounding from yesterday’s rout that erased $1 trillion from the nation’s market value, on speculation the Federal Reserve will act to restore confidence in the markets.

teeth53 ( Date: 09-Aug-2011 23:57) Posted:

http://www.bloomberg.com/news/2011-08-08/bernanke-may-move-to-lift-confidence-on-concern-u-s-heading-for-recession.html

Ah Ben - May strengthen their commitment to record monetary stimulus as soon as today after a faltering economic recovery and a U.S. credit- rating cut provoked a rout in global stocks.

By a 52% to 48% margin, respondents in a Bloomberg News survey said the Fed would ease policy this year through monetary tools or statement language. If the central bank acts, 59% said it would communicate that the federal funds rate, balance sheet or both will remain especially stimulative for a longer period or more specific amount of time.

Chairman Ben S. Bernanke and his colleagues are weighing the use of more untested policy tools after two rounds of bond buying totaling $2.3 trillion failed to spur sufficient economic growth and reduce unemployment below 9%. The Federal Open Market Committee (FOMC) holds its regular meeting today in Washington following the worst day for U.S. stocks since December 2008.

“The odds of more dramatic action are higher,” said Vincent Reinhart, a former chief monetary policy strategist at the Fed. “However, they might not want to be seen as responding so directly to equity prices,” Reinhart said, adding that policy makers may wait to signal a new round of bond purchases until Bernanke gives a speech on Aug. 26 at a Fed conference at Jackson Hole, Wyoming.

teeth53 ( Date: 09-Aug-2011 22:36) Posted:

Singapore 46th NDP is save by Ah Ben....when Ah Be speak, everyone is listening.

Don't look to the Fed for a rescue

Chairman Ben Bernanke will probably acknowledge that the economic outlook now appears decidedly more challenging than it did when the Federal Open Market Committee (FOMC) met in late June. If the Fed does decide to take immediate action, it will likely signal to markets that the federal funds rate, balance sheet or both will remain even more stimulative for an extended period.

WILD RIDE UNDERWAY

9:58AM: On day after sell-off, Dow seesaws early. Investors await Fed's statement on monetary policy. More

U.S. stocks gained more than 1 percent in early trading on Tuesday, recovering from a brief negative turn in a volatile session

x 0

http://www.bloomberg.com/

U.S. stocks rallied the most in almost a year, rebounding from yesterday’s rout that erased $1 trillion from the nation’s market value, on speculation the Federal Reserve will act to restore confidence in the markets.

Can't agree more..ya...angmo gui is even more scary, in term of lossing a trillon $ in one day.

" Angmo Hell really very scary liao ..... going to level 2 .......all the small ghosts ( Xiao Gui ) at play and making all kind of noise."

x 0

http://www.bloomberg.com/news/2011-08-07/muni-market-prepares-for-loss-of-aaa-ratings-as-s-p-downgrades-u-s-credit.html

S& P, in lowering the U.S. from AAA on Aug. 5, cited the nation’s political process and said lawmakers failed to reduce spending enough in their deal to raise the debt ceiling. Moody’s Investors Service and Fitch Ratings affirmed their top ratings on Aug. 2, the day President Barack Obama signed the bill raising the debt ceiling and avoiding a default.

Similar to Moody’s outlook

Any state and local govt downgrades from S& P may be similar to potential rating cuts Moody’s mapped out last month, DeGroot said in his report. Moody’s on July 13 said a possible U.S. downgrade would affect 7,000 municipal credits totaling $130 billion that are directly linked to U.S. credit.

Moody’s also said it would review indirectly linked debt and last month said it may downgrade five of the 15 states it ranks Aaa because of their vulnerability to cuts in federal spending.

Moody's. The company wound up reaffirming those top ratings last week, assigning a negative outlook.

teeth53 ( Date: 07-Aug-2011 11:32) Posted:

U.S. credit rating agency is taking the first strike initiative to give itself more space to win consumer confident,

and it doing so, give itself - judge by consumers in doing a better job then others credit rating agency.

teeth53 ( Date: 06-Aug-2011 19:52) Posted:

Sure-ly China, U.S. and even Euro may come out with more credit rating agency.

Leaving less space for U.S. agency to move to manipulate, as less in U.S. dollars value deteriorate.

x 0

http://www.bloomberg.com/news/2011-08-08/bernanke-may-move-to-lift-confidence-on-concern-u-s-heading-for-recession.html

Ah Ben - May strengthen their commitment to record monetary stimulus as soon as today after a faltering economic recovery and a U.S. credit- rating cut provoked a rout in global stocks.

By a 52% to 48% margin, respondents in a Bloomberg News survey said the Fed would ease policy this year through monetary tools or statement language. If the central bank acts, 59% said it would communicate that the federal funds rate, balance sheet or both will remain especially stimulative for a longer period or more specific amount of time.

Chairman Ben S. Bernanke and his colleagues are weighing the use of more untested policy tools after two rounds of bond buying totaling $2.3 trillion failed to spur sufficient economic growth and reduce unemployment below 9%. The Federal Open Market Committee (FOMC) holds its regular meeting today in Washington following the worst day for U.S. stocks since December 2008.

“The odds of more dramatic action are higher,” said Vincent Reinhart, a former chief monetary policy strategist at the Fed. “However, they might not want to be seen as responding so directly to equity prices,” Reinhart said, adding that policy makers may wait to signal a new round of bond purchases until Bernanke gives a speech on Aug. 26 at a Fed conference at Jackson Hole, Wyoming.

teeth53 ( Date: 09-Aug-2011 22:36) Posted:

Singapore 46th NDP is save by Ah Ben....when Ah Be speak, everyone is listening.

Don't look to the Fed for a rescue

Chairman Ben Bernanke will probably acknowledge that the economic outlook now appears decidedly more challenging than it did when the Federal Open Market Committee (FOMC) met in late June. If the Fed does decide to take immediate action, it will likely signal to markets that the federal funds rate, balance sheet or both will remain even more stimulative for an extended period.

WILD RIDE UNDERWAY

9:58AM: On day after sell-off, Dow seesaws early. Investors await Fed's statement on monetary policy. More

U.S. stocks gained more than 1 percent in early trading on Tuesday, recovering from a brief negative turn in a volatile session.

timqoo ( Date: 08-Aug-2011 12:08) Posted:

so much bearish news. it can only mean the king of bulls is waiting at the bottom now.

x 0

After the Berkshire downgrade he said: “They’re doing that to all the insurance companies. They said they’d do that last week.”

Berkshire also made headlines today by agreeing to buy reinsurer TransAtlantic Holdings (TRH).

Moody’s (MCO) reaffirmed the U.S.’s Aaa rating today Buffett just happens to be Moody’s largest shareholder.

teeth53 thot: Sounded like more and more rating agency is power in play against each other.

S& P is having the first strike by telling the truth. Err....half the truth, leaving d others half for guessing.

timqoo ( Date: 09-Aug-2011 22:32) Posted:

Buffett probably won't be sitting still.

No wonder The Oracle of Omaha gave the US Treasury An Imaginary Quadruple A rating over gthe weekend. He must have known that his huge conglomerate was about to be downgraded from stable to negative from safe as $41 billion in cash and $180 billion in market value can make it to not so safe, maybe even dangerously unsafe.

I’m shocked. This is beyond any upsetting decision I’ve seen. To move Berkshire’s credit rating from atable to negative implies that there’s something wrong in the state of Berkshire. It will trigger one scare story after another. If I were Warren or Charlie I’d be outraged. I suspect they were blindsided, as insiders know little about it. What a bloody insult.

Source: Warren Buffett’s Empire Is Declared Unsafe

timqoo ( Date: 09-Aug-2011 20:29) Posted:

Buffett vs S& P. who is the more powerful? his Berkshire kena downgraded. Buffett maybe planning or already executed his next big steps.

He may be an octogenarian, but Warren Buffett is plenty feisty. And today he got into a bit of a back-and-forth with Standard & Poor’s over the ratings agency’s decision to downgrade U.S. debt to AA+ from AAA.

Standard & Poor’s later came out with a decision to change the outlook on Berkshire Hathaway’s (BRKB) credit rating to Negative from Stable. Berkshire currently has a AA+ rating. Berkshire was one of five insurers that had their ratings placed on watch for a possible downgrade five others had their ratings cut to AA+ from AAA. “The 10 affected insurance groups operate in the U.S. and generally have significant holdings of U.S. Treasury and agency securities,” S& P said.

Buffett said in an interview today with Fox Business Network that S& P was essentially confused about its job.

“Their [S& P] job is to say whether bond instruments will be fulfilled, and they will be fulfilled… people confuse ability of the U.S. to pay debt obligations in dollars vs. what the dollar is actually worth.”

After the Berkshire downgrade he said: “They’re doing that to all the insurance companies. They said they’d do that last week.”

Source: Wrestling with the Oracle

x 0

STI not trading today (46th NDP) is save by Ah Ben....for today all regional bourses ended bloody red, so expecting STI will not cheongg tomorro (Wed) would be punters selling into strength to recover margin lost, end of the day not expecting to go up by 3% to 5%. Just offering my alternative view, many goes profit taking.

x 0

Sounded like more and more rating agency is power in play against each other.

S& P is having the first strike by telling the truth. Err....half the truth, leaving d others half for guessing.

timqoo ( Date: 09-Aug-2011 22:32) Posted:

Buffett probably won't be sitting still.

No wonder The Oracle of Omaha gave the US Treasury An Imaginary Quadruple A rating over gthe weekend. He must have known that his huge conglomerate was about to be downgraded from stable to negative from safe as $41 billion in cash and $180 billion in market value can make it to not so safe, maybe even dangerously unsafe.

I’m shocked. This is beyond any upsetting decision I’ve seen. To move Berkshire’s credit rating from atable to negative implies that there’s something wrong in the state of Berkshire. It will trigger one scare story after another. If I were Warren or Charlie I’d be outraged. I suspect they were blindsided, as insiders know little about it. What a bloody insult.

Source: Warren Buffett’s Empire Is Declared Unsafe

timqoo ( Date: 09-Aug-2011 20:29) Posted:

Buffett vs S& P. who is the more powerful? his Berkshire kena downgraded. Buffett maybe planning or already executed his next big steps.

He may be an octogenarian, but Warren Buffett is plenty feisty. And today he got into a bit of a back-and-forth with Standard & Poor’s over the ratings agency’s decision to downgrade U.S. debt to AA+ from AAA.

Standard & Poor’s later came out with a decision to change the outlook on Berkshire Hathaway’s (BRKB) credit rating to Negative from Stable. Berkshire currently has a AA+ rating. Berkshire was one of five insurers that had their ratings placed on watch for a possible downgrade five others had their ratings cut to AA+ from AAA. “The 10 affected insurance groups operate in the U.S. and generally have significant holdings of U.S. Treasury and agency securities,” S& P said.

Buffett said in an interview today with Fox Business Network that S& P was essentially confused about its job.

“Their [S& P] job is to say whether bond instruments will be fulfilled, and they will be fulfilled… people confuse ability of the U.S. to pay debt obligations in dollars vs. what the dollar is actually worth.”

After the Berkshire downgrade he said: “They’re doing that to all the insurance companies. They said they’d do that last week.”

Source: Wrestling with the Oracle

x 0

Singapore 46th NDP is save by Ah Ben....when Ah Be speak, everyone is listening.

Don't look to the Fed for a rescue

Chairman Ben Bernanke will probably acknowledge that the economic outlook now appears decidedly more challenging than it did when the Federal Open Market Committee (FOMC) met in late June. If the Fed does decide to take immediate action, it will likely signal to markets that the federal funds rate, balance sheet or both will remain even more stimulative for an extended period.

WILD RIDE UNDERWAY

9:58AM: On day after sell-off, Dow seesaws early. Investors await Fed's statement on monetary policy. More

U.S. stocks gained more than 1 percent in early trading on Tuesday, recovering from a brief negative turn in a volatile session.

timqoo ( Date: 08-Aug-2011 12:08) Posted:

so much bearish news. it can only mean the king of bulls is waiting at the bottom now.

x 0

It is enuff to damaged Japan, and especially HK/China consumer confident with such news.

Stocks

upnowhere ( Date: 06-Aug-2011 19:15) Posted:

This is what the US good at create so many types of rating.. to trigger

investors fear. In the end... they are the one made profit with this type of

system that control the market.

x 0

Again it happened, morning oni, any how short, any how win.

Leading it STXOSV and YZJ...Sad. It's just mkt very bad - all trading on negative news.

Yangzijiang

CPF

1.260

1.225

-0.065

-5.0%

16,156,000

STXOSV

CPF

--

1.320

1.275

-0.085

-6.2%

5,361,000

teeth53 ( Date: 02-Aug-2011 11:33) Posted:

Any how short, any how win....I knew. I don bet in shorting, stay on sideline oni.

alexchia01 ( Date: 02-Aug-2011 11:26) Posted:

I Short Yangzijiang today.

It's most likely to follow CoscoCorp footstep.

If you want to follow me, set a stop-loss at $1.410.

T.P. is $1.20.

x 0

Nothing to do with this result either, This week mkt, (pre-national day rally -red color) is very bad.

now trading lower to $0.155c -0.016c or -9.4% lost, on volume 703 lots.

teeth53 ( Date: 28-Jul-2011 22:49) Posted:

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_1DB67C463520D87C482578DB00385524/$file/Otto_Marine_Limited_Announcement_Profit_Warning_28_July_2011.pdf?openelement

PROFIT WARNING FOR THE SECOND QUARTER ENDED 30 JUNE 2011

The Board of Directors of Otto Marine Limited (the “Company”) wishes to issue a profit warning
regarding the financial results of the Company and its subsidiaries (the “Group”) for the second quarter
ended 30 June 2011 (“Q2”).

The Group is expected to report a loss.....

x 0

ARE WE IN TROUBLE GOING FORWARD?

http://./2010/07/24/update-on-global-economies-are-heading-for-turbulence-are-we-in-trouble-going-forward/

http://www.martinlee.sg/worlds-biggest-debtor-nations/

One way of comparison is by looking at the percentage of each nation’s external debt to its GDP. CNBC did a study two months ago and compiled a list using numbers provided from the World Bank.

Here is the list of the largest nation debtors out of the world’s largest 75 economies:

Country Name, Gross External Debt, GDP, percentage of external debt vs GDP

1.Ireland – 2.386tr, 188.4b, 1267%
2.Switzerland – 1.338tr, 316.7b, 422.7%
3.UK – 9.087tr, 2.226tr, 408.3%
4.Netherlands – 2.452tr, 672b, 365%
5.Belgium – 1.246tr, 389b, 320.2%
6.Denmark – 607.38b, 203.6b, 298.3%
7.Austria – 832.4b, 329.5b, 252.6%
8.France – 5.021tr, 2.128tr, 236%
9.Portugal - 507b, 236.5b, 214.4%
10.Hong Kong – 631.13b, 306.6b, 205.8%
11.Norway – 548.1b, 275.4b, 199%
12.Sweden – 669.1b, 344.3b, 194.3%
13.Finland – 364.85b, 193.5b, 188.5%
14.Germany – 5.208tr, 2.918tr, 178.5%
15.Spain – 2.409tr, 1.403tr, 171.7%
16.Greece – 552.8b, 343b, 161.1%
17.Italy – 2.31tr, 1.823tr, 126.7%
18.Australia – 891.26b, 800.2b, 111.3%
19.Hungary – 207.92b, 196.6b, 105.7%
20.US – 13.454tr, 14.26tr, 94.3%
While US has the largest external debt, it is only ranked 20th while comparing it to GDP.

Iceland has a percentage of 999% while among the low ratios, Singapore, China and India have percentages of 10.7%, 4.7% and 4.6% respectively.

http://money.cnn.com/ How the downgrade affects your money

DOW saw the biggest fall on Thursday of more then 4%, a black Friday morning for us, lead by HK and Japan.

Stocks: Worst week since financial crisis

Stocks took wild ride, as investors remain nervous about a global slowdown. News that Italy may have agreed to budgetary reforms helped lift markets in afternoon trading. More

teeth53 ( Date: 29-Jul-2011 21:35) Posted:

Dow kena hit by air turbulence, there after Aug 2, 2011. More air turbulence, and after come d sunshine.

x 0

teeth53 wrote:

There is good and bad news without..Look like it do more good the bad...

TEMASEK REVIEW EMERITUS- An Online Community Of Daft Singaporean Noises.

UPDATE on Global economies are heading for turbulence.

ARE WE IN TROUBLE GOING FORWARD?

http://./2010/07/24/update-on-global-economies-are-heading-for-turbulence-are-we-in-trouble-going-forward/

http://www.martinlee.sg/worlds-biggest-debtor-nations/

One way of comparison is by looking at the percentage of each nation’s external debt to its GDP. CNBC did a study two months ago and compiled a list using numbers provided from the World Bank.

Here is the list of the largest nation debtors out of the world’s largest 75 economies:

Country Name, Gross External Debt, GDP, percentage of external debt vs GDP

1.Ireland – 2.386tr, 188.4b, 1267%
2.Switzerland – 1.338tr, 316.7b, 422.7%
3.UK – 9.087tr, 2.226tr, 408.3%
4.Netherlands – 2.452tr, 672b, 365%
5.Belgium – 1.246tr, 389b, 320.2%
6.Denmark – 607.38b, 203.6b, 298.3%
7.Austria – 832.4b, 329.5b, 252.6%
8.France – 5.021tr, 2.128tr, 236%
9.Portugal - 507b, 236.5b, 214.4%
10.Hong Kong – 631.13b, 306.6b, 205.8%
11.Norway – 548.1b, 275.4b, 199%
12.Sweden – 669.1b, 344.3b, 194.3%
13.Finland – 364.85b, 193.5b, 188.5%
14.Germany – 5.208tr, 2.918tr, 178.5%
15.Spain – 2.409tr, 1.403tr, 171.7%
16.Greece – 552.8b, 343b, 161.1%
17.Italy – 2.31tr, 1.823tr, 126.7%
18.Australia – 891.26b, 800.2b, 111.3%
19.Hungary – 207.92b, 196.6b, 105.7%
20.US – 13.454tr, 14.26tr, 94.3%
While US has the largest external debt, it is only ranked 20th while comparing it to GDP.

Iceland has a percentage of 999% while among the low ratios, Singapore, China and India have percentages of 10.7%, 4.7% and 4.6% respectively.

x 0

U.S. credit rating agency is taking the first strike initiative to give itself more space to win consumer confident,

and it doing so, give itself - judge by consumers in doing a better job then others credit rating agency.

teeth53 ( Date: 06-Aug-2011 19:52) Posted:

Sure-ly China, U.S. and even Euro may come out with more credit rating agency.

Leaving less space for U.S. agency to move to manipulate, as less in U.S. dollars value deteriorate.

x 0

teeth53 ( Date: 03-Aug-2011 23:25) Posted:

Went down on a wild ride and up on a volatile day, the day after Aug 2, 2011.

This coming week - another volatile wk, help by DOW turbulence, a sell down like Thursday may not happen.

News like this help - Stocks took wild ride, as investors remain nervous about a global slowdown. News that Italy may have agreed to budgetary reforms helped lift markets in afternoon trading. More

Stocks plunged Thursday, with the Dow tumbling 512 points. It was the steepest point loss since October 2008 -- as fear about the global economy spooked investors.

teeth53 ( Date: 29-Jul-2011 21:35) Posted:

Dow kena hit by air turbulence, there after Aug 2, 2011. More air turbulence, and after come d sunshine.

handon ( Date: 06-Aug-2011 23:49) Posted:

USD is weakening... DOW sure Cheong....

Investors find it cheap to buy US stocks... Dont agree????

x 0

BOOTED FROM THE AAA CLUB

http://money.cnn.com/

How the downgrade affects your money

DOW saw the biggest fall on Thursday of more then 4%, a black Friday morning for us, lead by HK and Japan.

Stocks: Worst week since financial crisis

Stocks took wild ride, as investors remain nervous about a global slowdown. News that Italy may have agreed to budgetary reforms helped lift markets in afternoon trading. More

teeth53 ( Date: 29-Jul-2011 21:35) Posted:

Dow kena hit by air turbulence, there after Aug 2, 2011. More air turbulence, and after come d sunshine.

http://money.cnn.com/2011/07/29/markets/premarkets/index.htm?iid=Lead

STOCKS HEAD FOR SELL-OFF

9:03AM: Stocks set to fall at the open, after GDP came in at worse-than-expected 1.3%. More

teeth53 ( Date: 27-Jul-2011 23:06) Posted:

Bet on U.S. default next week?, betting worth $4.8 billion on a U.S. default..??. http://money.cnn.com/

(CNNMoney) -- Wall St is often likened to a big casino for obvious reasons. at least a few financial players are looking to cash in on such a bleak turn of events.

A small camp of investors are betting that the U.S. government will default on its debt, and they're putting $4.8 billion of their chips on the table.

In the event of a default, that's how much financial firms will have to pay out to investors who bought credit default swaps against the U.S. govt, according to figures from the Depository Trust and Clearing Corp.

x 0

Sure-ly China, U.S. and even Euro may come out with more credit rating agency.

Leaving less space for U.S. agency to move to manipulate, as less in U.S. dollars value deteriorate.

x 0

China and HK bourses may go green a little bit, follow by Nikkei may do a surprise, a little red.

teeth53 ( Date: 06-Aug-2011 18:59) Posted:

AAA down grade anounncement after US closed shop. thou...it factor in about selling this idea one mth ago.

Will see another volatile DOW on Monday (nite for us) pending response from HK, Shanghai and Nikkei.

Just sharing my thot.

timqoo ( Date: 06-Aug-2011 08:20) Posted:

It closes up. +60.93 Smiley