- Joined
- Sep 17, 2013
- Messages
- 1,027
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- 63
Remember just a few years ago, keppel was praised to the skies by our PM in his ND Rally speech.
....he forgotten that what goes up ...must also come down..(only our age, don't)..LOL
Remember just a few years ago, keppel was praised to the skies by our PM in his ND Rally speech.
Remember just a few years ago, keppel was praised to the skies by our PM in his ND Rally speech.
How the fuck do you know that I was not shorting Keppel Corpse since April 2015?
I'm a winner and am feeling so elated that I'm able to make money even in a big bear market.
On paper today just Keppel Corpse alone I'm in the money by $16,000 .... how much has your portfolio bled today?
Well done ... Keppel Corp has become Keppel Corpse and this morning I shorted 100 lots of Keppel Corpse at 5.70.
http://www.straitstimes.com/business/economy/sibor-and-sor-jump-to-7-year-highs
Sibor and SOR jump to 7-year highs
Published Jan 13, 2016
SINGAPORE - Volatility in the Singdollar amid worries about China's economy and further depreciation of the yuan has sent the three-month Sibor (Singapore interbank offered rate) and three-month SOR (swap offer rate) jumping to levels not seen since the global financial crisis erupted in 2008.
The three-month Sibor - - used extensively to price home loans - jumped to 1.25200 per cent on Wednesday (Jan 13) from 1.21826 per cent on Monday, and from 1.13535 as at end-2015. The three-month SOR - a benchmark for commercial loans and some home loans - soared to 1.75581 per cent on Tuesday, from 1.72498 per cent on Monday, and from 1.7 per cent on Dec 31.
Expectations of further increases in US interest rates, further weakness in the Singdollar against the US dollar and further weakness in the yuan has led to volatility in the Singdollar, Khoon Goh, a senior strategist at ANZ in Singapore, said.
so many gud beaten down counters ... y muz die-die buy semb marine? ...if i got cash, can i buy sembawang marine? closing at 1.37 ...
if i got cash, can i buy sembawang marine? closing at 1.37
in yahoo, all time low is 1.23 in 2008
so how? wait for 60cents sembawang marine?
so many gud beaten down counters ... y muz die-die buy semb marine? ...
i use it as a tool for oil hedging. a simple tool.
now petrol 95 is less than 2 dollars. use oil hits 100 per barrel, i expect pap petrol will go up to 4 dollars .
i can then sell sembawang marine share and make some profit and use it to cover for my expensive pap petrol
maybe semb corp is better since it is diversification?
Market keeps on sinking, property oversupply keeps on increasing, debts keep on swelling, interest rates keep on rising steadily. When retrenchments come, many Sinkies are going to be bankrupt.
i use it as a tool for oil hedging. a simple tool.
now petrol 95 is less than 2 dollars. use oil hits 100 per barrel, i expect pap petrol will go up to 4 dollars .
i can then sell sembawang marine share and make some profit and use it to cover for my expensive pap petrol
Oil will never go back to $100 per barrel. The ceiling is capped by Iran and US fracking
http://www.marketwatch.com/story/10...ill-thrive-as-crude-prices-rebound-2016-01-12
Keep in mind that oil is a long-term investment. On Tuesday, Credit Suisse analyst Jason Gammel called the short-term outlook for oil “bleak.” But he expects the price of Brent crude oil to rise to $57.75 a barrel in 2017 and $71.75 in 2018. So the price of oil could double within two years.
not too sure will this benefit keppel corp or semb marine directly or not
I think Temasek may launch merger or take over of sembawang marine. They may instruct Keppel corp to take over Sembawang marine with $1.6 a share.
good luck to those existing share holders.