Singapore Bonds

[krafty]

not only that, bond yields, dow, sp500 and nasdaq also green green...

i suppose you meant USD?
I think it is because of this news yesterday

Singapore's PMI falls to 49.7 in August
http://www.globalpost.com/dispatch/news/xinhua-news-agency/140902/singapores-pmi-falls-497-august
PMI below 50 = manufacturing contraction

 

[SNTCK]

You are very right. Ocbc drop back to 9.66

I should listen yours advice. Sell above 9.77

Btw. I didn monitor closely. Just have some free time then log in account to check check my share...

 

[Runifyouhaveto]

You are very right. Ocbc drop back to 9.66

I should listen yours advice. Sell above 9.77

Btw. I didn monitor closely. Just have some free time then log in account to check check my share...

aiyah no big deal for u lah. $9.77 drop to $9.66 is only 1.1%. kachang puteh for you

people said RUN that yesterday's opportunity was because OCBC did a share buyback from public market. Of course, this was a rumour, so i could only tell u to act (yesterday) and cannot give u the reasons because they are not verified.

Very contradicting, issue rights and continue to buy-back shares.

 

[SNTCK]

aiyah no big deal for u lah. $9.77 drop to $9.66 is only 1.1%. kachang puteh for you

people said RUN that yesterday's opportunity was because OCBC did a share buyback from public market. Of course, this was a rumour, so i could only tell u to act (yesterday) and cannot give u the reasons because they are not verified.

Very contradicting, issue rights and continue to buy-back shares.

what kacang puteh, also money. ok?

well, oxley i lose 10% liao

 

[Runifyouhaveto]

what kacang puteh, also money. ok?

well, oxley i lose 10% liao

i have no luck with shares. my shares also weaker.
sleep better.

 

[SNTCK]

i have no luck with shares. my shares also weaker.
sleep better.

i still have to work, u always ask me to sleep to sleep...no need to work is it?????????!!!!!!

 

[Runifyouhaveto]

i still have to work, u always ask me to sleep to sleep...no need to work is it?????????!!!!!!

u said you retired.
http://sammyboy.com/showthread.php?187655-kraft-and-bro-Run-need-your-advice&p=1975390#post1975390

I should have spent the money on prostitutes than losing them in the stock market

 

[Runifyouhaveto]

1987 and 2008 marked some of the heaviest stock market crashes in modern history. Traditionally October is also a weaker month, before Capricorn effect. Of course, these are just history and does not give us any hint about the future.




I reiterate that I am just taking clue from the recent bond market madness. Earlier, we discussed about the crazy bond prices outside singapore. Show you this secondary bond issue in Singapore yesterday:

Jurong Shipyard - Subsidiary of Sembcorp Marine - not direct subsidiary of Sembcorp
Unrated 7-years 2.95%, 15 years 3.85%
http://www.businesstimes.com.sg/bre...-shipyard-prices-7-and-15-year-bonds-20140903

Well, they think they are safer than my CPF-SA 4%
A few months ago, we discussed that even parent company Sembcorp gave 5% (perpetual bond). I will trust Sembcorp 5% Perpetual more than Jurong Shipyard 2.95%.
http://sammyboy.com/showthread.php?181997-Singapore-Bonds&p=1892911#post1892911




Conclusion: If bond prices are too high (yields too low), don't chase.
Back to your question: Then why are bond prices so mad now?
Answer: Something's gonna happen soon.

see lah indonesian bonds also went crazy

Indonesian Islamic bonds breaks new record in Southeast Asia
http://www.thejakartapost.com/news/...k-orders-break-new-record-southeast-asia.html

The government’s dollar-denominated Islamic-bond (sukuk) sale on Wednesday saw demand reaching almost seven times its US$1.5 billion offer, this despite its relatively low yield. The Finance Ministry said in a statement that investors’ bids amounted to $10.2 billion, the largest order book ever achieved for a sovereign sukuk issue in Southeast Asia.

 

[SNTCK]

u said you retired.
http://sammyboy.com/showthread.php?187655-kraft-and-bro-Run-need-your-advice&p=1975390#post1975390

I should have spent the money on prostitutes than losing them in the stock market

yes, you go ahead and i will not stop you anymore....

 

[SNTCK]

you better stop buying those penny and rubbish stock...
else all your hard earned money gone.

what losses last time, and you just don look back.
look for your future, tomorrow will be better than today.

also, do not always think about women...

that is.

 

[frenchbriefs]

Forty-five percent of all government bonds yield less than 1 percent, Bank of America Corp. said before central banks in Japan, Europe and the U.K. meet today to consider how to spur their economies.
http://www.bloomberg.com/news/2014-...rnment-bonds-yield-less-than-1-bofa-says.html

the economic crisis has been over for 6 years,why dont they raise interest rates already!!!!!

 

[lifeafter41]

u said you retired.
http://sammyboy.com/showthread.php?187655-kraft-and-bro-Run-need-your-advice&p=1975390#post1975390

I should have spent the money on prostitutes than losing them in the stock market

I should have spent the money on prostitutes than losing them in the stock market

Ah Run, becareful of STD hor. Always remember public toilet as compared to house toilet, which one you prefer to seat or squat on.
Unless you tell me the losses can "bao" for 2 weeks or 1 month of preferred usage, also no guarantee, but at least..... you know what I mean.

 

[SgGoneWrong]

I should have spent the money on prostitutes than losing them in the stock market

Ah Run, becareful of STD hor. Always remember public toilet as compared to house toilet, which one you prefer to seat or squat on.
Unless you tell me the losses can "bao" for 2 weeks or 1 month of preferred usage, also no guarantee, but at least..... you know what I mean.

U people can't really feel what kind of person Run is

 

[SNTCK]

U people can't really feel what kind of person Run is

ok, he is very good to me and nice person.

 

[Runifyouhaveto]

I should have spent the money on prostitutes than losing them in the stock market

Ah Run, becareful of STD hor. Always remember public toilet as compared to house toilet, which one you prefer to seat or squat on.
Unless you tell me the losses can "bao" for 2 weeks or 1 month of preferred usage, also no guarantee, but at least..... you know what I mean.

Thank you lifeafter41, SNTCK and Sggonewrong, you are all so kind to RUN.
RUN must learn to be good boy.

Come let me hug my good brothers............

 

[cheerguan]

the economic crisis has been over for 6 years,why dont they raise interest rates already!!!!!

though I am only just a layman with only 'o' levels, this is what I think. Pls correct me if you think I'm wrong.

Because they (govts, banks, developers,...) realized they can benefit more with low interest rates.

As interest rates are at the record low now, developers are able to price their projects at very high price and banks can also make much more because people are taking much bigger and longer term loans.

Also for countries like SG who as a hub for dirty $ and very low tax haven, do not have to pay high interest rates for the $ hidden here.
Big debtors nations like US also don't need to pay high interest to the creditors countries like China.

Only a sudden surge in inflation will they then have to raise interest rates which will cause things to go havoc. So for the time being, they will continue to under report the consumer price index.

Cheers

 

[SNTCK]

Oii
That black october thing. Based on what you read, something very serious?

I look at my portfolio. I dunno which one I can sell...a few in losses now...

 

[Runifyouhaveto]

though I am only just a layman with only 'o' levels, this is what I think. Pls correct me if you think I'm wrong.

Because they (govts, banks, developers,...) realized they can benefit more with low interest rates.

As interest rates are at the record low now, developers are able to price their projects at very high price and banks can also make much more because people are taking much bigger and longer term loans.

Also for countries like SG who as a hub for dirty $ and very low tax haven, do not have to pay high interest rates for the $ hidden here.
Big debtors nations like US also don't need to pay high interest to the creditors countries like China.

Only a sudden surge in inflation will they then have to raise interest rates which will cause things to go havoc. So for the time being, they will continue to under report the consumer price index.

Cheers

You are PHD level :p
You sound Piketty

Thomas Piketty, French Economist
Author of the current best-selling economics book that explains the income-divide

 

[Runifyouhaveto]

Oii
That black october thing. Based on what you read, something very serious?

I look at my portfolio. I dunno which one I can sell...a few in losses now...

it's ok if u do nothing, but make sure u got money to average down when the opportunity comes.

paiseh, i might be wrong also. I don't have degree like cheerguan also.

 

[krafty]

bro run, where you get the chart from?you wwere saying expecting selldown in oct?pls advise...

Oii
That black october thing. Based on what you read, something very serious?

I look at my portfolio. I dunno which one I can sell...a few in losses now...

Thank you lifeafter41, SNTCK and Sggonewrong, you are all so kind to RUN.
RUN must learn to be good boy.

Come let me hug my good brothers............