Rain falls on the window pane
STi set to test 1,474 key support en route to 850
Fuck consumerism, embrace healthy living
STi set to test 1,474 key support en route to 850
Fuck consumerism, embrace healthy living
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STi set for 1,474 right here right now
- Thread starter downgrader
- Start date
Mr Downgrader, Sorry to say this.
Your playing guitar well into the night and care free life etc etc, are very refreshing, once awhile. However, I think you are a lowly, lazy layabout trying to justify your sloth !!
You do not have any more guts, self effort and mind to change your pathetic life.
Are you a wretched divorcee or an extremely lonely aging single ?? Or a failed bankrupt maybe ... ?? .... given your attitude towards self pathetic gratification.
So please stop wishing everyone will fall to the pathetic level you are in now !!
Go get a job now !!:oIo:
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i am a lazy sonofagun
Market up market down
Heart is balanced
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Heart is balanced
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Master downgrader,
Will your purified soul be finally enlightened when STI reaches 850?
Ignore those that ignore your warnings about STI testing 850.
I share your views that STI will eventually go below 1000 in this crisis.
I am a lazy lowlife, not master
The only time I master is when I masturbate
Sti 850 is just a number but it is a good number that will reflect the curbing of consumer excesses
Should let this miserable company die, keep throwing good money after bad
The money can be better spent in so many other schemes, especially education and healthcare
SINGAPORE (Reuters) - Chartered Semiconductor Manufacturing Ltd plans to raise about US$300 million through a rights offering, sources said on Monday, as the struggling contract chip maker faces a grim future amid the global economic slowdown.
The plans to hit up existing shareholders for money mark the fourth rights offering since late last year backed by Temasek Holdings, Singapore's state investment company.
Chartered Semi's Singapore listed shares, already battered by weak results and outlook, fell 6 per cent to 23 cents after the initial Reuters report on the offering. Stocks usually fall on news of rights offerings because they tend to price at a discount and dilute shareholders.
Deutsche Bank, Citigroup and Morgan Stanley are working with Chartered Semi on the offering, sources said. Chartered Semi, Temasek and the banks either declined to comment or could not immediately be reached.
The sources did not want to be named because they were not authorised to speak on the record about the matter.
Temasek owns about 59 per cent of the company. The investor supported a rights offering from Asia-focused bank Standard Chartered last November, as well as a February offering from DBS Group , Southeast Asia's biggest bank.
Indonesia's fifth-largest lender PT Bank Danamon Tbk, controlled by Temasek, aims to raise US$347 million in a rights offering.
The money can be better spent in so many other schemes, especially education and healthcare
SINGAPORE (Reuters) - Chartered Semiconductor Manufacturing Ltd plans to raise about US$300 million through a rights offering, sources said on Monday, as the struggling contract chip maker faces a grim future amid the global economic slowdown.
The plans to hit up existing shareholders for money mark the fourth rights offering since late last year backed by Temasek Holdings, Singapore's state investment company.
Chartered Semi's Singapore listed shares, already battered by weak results and outlook, fell 6 per cent to 23 cents after the initial Reuters report on the offering. Stocks usually fall on news of rights offerings because they tend to price at a discount and dilute shareholders.
Deutsche Bank, Citigroup and Morgan Stanley are working with Chartered Semi on the offering, sources said. Chartered Semi, Temasek and the banks either declined to comment or could not immediately be reached.
The sources did not want to be named because they were not authorised to speak on the record about the matter.
Temasek owns about 59 per cent of the company. The investor supported a rights offering from Asia-focused bank Standard Chartered last November, as well as a February offering from DBS Group , Southeast Asia's biggest bank.
Indonesia's fifth-largest lender PT Bank Danamon Tbk, controlled by Temasek, aims to raise US$347 million in a rights offering.
YES..that's their Modus Operandi....RIGHTS ISSUE.
Every invester still in the markets better beware. They will use RIGHTS ISSUE to suck you dry.
STI rallying to reach 500 !
It's a bottomless pit. Throwing good money after bad.
I guess the market is pretty "right's weary.
When will you be buying?
"Market up market down".
I heard the same remark made by the head of wealth management of a foreign bank on CNBC.
It seems that at the end of the day, no one knows any more than the next guy.
Hence, this should be the end of huge salaries. All humans were created more equal than we initially thought.
I heard the same remark made by the head of wealth management of a foreign bank on CNBC.
It seems that at the end of the day, no one knows any more than the next guy.
Hence, this should be the end of huge salaries. All humans were created more equal than we initially thought.
Agreed, this is the time when all the high and mighty are humbled...
Hell I lose some money in the market here and there, my property is losing value, but my losses are peanuts compared to those rich folks... I can survive this crisis but can they survive it as well as I do???
Good luck to them rich folks trying to claw their way up from the bottomless hole they got themselves in due to severe greed...
The higher they are, the harder they fall...
Ouch!!!
20 minutes to go and the KEY SUPPORT has been convincingly broken!
Yeah!
While Dow broke last year's low some time ago, it has been a while before STi breached same key support
Next key support will be 1,236 and then home-free to 850
There may be some intermediate dead cat bounces but 850 is coming
Hopefully by that time all the excesses would have been shaken out and there will be no naked leverage in the system
May there be peace in our hearts
Yeah!
While Dow broke last year's low some time ago, it has been a while before STi breached same key support
Next key support will be 1,236 and then home-free to 850
There may be some intermediate dead cat bounces but 850 is coming
Hopefully by that time all the excesses would have been shaken out and there will be no naked leverage in the system
May there be peace in our hearts
