World Stock Market Plunge.

[Merl Haggard]

The US $700 bln bailout package is not enough to rescue the current financial crisis. The credit markets in the US and Europe
have frozen. Banks are not willing to lend to each other and small to medium size enterprises are unable to obtain bank loans.

STI is heading for 1800, then 1500 and by year 2010 we should be able to pick up distressed & fire sales at around 1200 points.

The two casinos cost overrun is by US$2.5 bln to 3 bln each & are behind schedule by 6 months. And I believe they will not be
successful b'cos China will impose restriction on their gamblers who visit S'pore, just like what they are doing now to those who
visit Macao.

Las Vegas Sands share price trading in Dow Jones has plunged from US$160 last Oct high to a 52 week low of US$21 and it'll be
heading towards the single digit.

Property market in Singapore has begun to melt down too.

Hallelujah!

 

[papa san]

The two casinos cost overrun is by US$2.5 bln to 3 bln each & are behind schedule by 6 months. And I believe they will not be
successful b'cos China will impose restriction on their gamblers who visit S'pore, just like what they are doing now to those who
visit Macao.

Las Vegas Sands share price trading in Dow Jones has plunged from US$160 last Oct high to a 52 week low of US$21 and it'll be
heading towards the single digit.

Property market in Singapore has begun to melt down too.

Hallelujah!

Singapore Government also imposing ban on a select group of its citizen from entering its casion. Also , imposing for a start $100 admission fee for Singaporeans. So it is a double-edge sword to quicken the demise of our casinos even before it begins.

Many large publicly listed in US / Europe have already closed or gone for fire sale. Given the current financial situation, more fire sales will be onboard.

Las Vegas Sands may be heading for fire sale soon at rock bottom prices. Watch out for its opening date.

 

[zhihau]

Property market in Singapore has begun to melt down too.

Huat ah~

 

[eeoror88]

Buy Gold !!

 

[eeoror88]

Take out all your money from the stocks and bet on this Wednesday's night Hongkong Race 3 No. 8. Horse name: Mellifluous. Ridden by top jockey Douglas Whyte !!

This one I will bang heavy !!

 

[Frankiestine]

The two casinos cost overrun is by US$2.5 bln to 3 bln each & are behind schedule by 6 months. And I believe they will not be successful b'cos China will impose restriction on their gamblers who visit S'pore, just like what they are doing now to those who visit Macao.

shit does that mean we going to get less "chickens" coming over...:(:(

 

[zhihau]

shit does that mean we going to get less "chickens" coming over...:(:(

bro, go easy lah... :p:p:p

 

[ah beng]

Take out all your money from the stocks and bet on this Wednesday's night Hongkong Race 3 No. 8. Horse name: Mellifluous. Ridden by top jockey Douglas Whyte !!

This one I will bang heavy !!

Can also try HK Triple Trio. Jackpot now over S $200 k. Good Luck

 

[Neh_Neh_Pok]

Sad but true

 

[soikee]

Stay in cash......cash is King and I agree that the worst is yet to come.

This unstoppable tsunami is devastating the whole world.

By this weekend STI will break 2000, but it's okay for S'pore, for we have got
Lee Kuan Yew and his unique & talented team to see that we'll still enjoy the
Golden Period in this severe recession.

The US $700 bln bailout package is not enough to rescue the current financial crisis. The credit markets in the US and Europe
have frozen. Banks are not willing to lend to each other and small to medium size enterprises are unable to obtain bank loans.

STI is heading for 1800, then 1500 and by year 2010 we should be able to pick up distressed & fire sales at around 1200 points.

The two casinos cost overrun is by US$2.5 bln to 3 bln each & are behind schedule by 6 months. And I believe they will not be
successful b'cos China will impose restriction on their gamblers who visit S'pore, just like what they are doing now to those who
visit Macao.

Las Vegas Sands share price trading in Dow Jones has plunged from US$160 last Oct high to a 52 week low of US$21 and it'll be
heading towards the single digit.

Property market in Singapore has begun to melt down too.

Hallelujah!

 

[Zombie]

Now where are those milos tins under the bed?

 

[madmansg]

Las Vegas Sands share price trading in Dow Jones has plunged from US$160 last Oct high to a 52 week low of US$21 and it'll be
heading towards the single digit.
================

once they step foot in Sinky land , the curse of the NS SLAVES will haunt them untill Sands become BANKRUPT.

 

[congo9]

Las Vegas Sands share price trading in Dow Jones has plunged from US$160 last Oct high to a 52 week low of US$21 and it'll be
heading towards the single digit.
================

once they step foot in Sinky land , the curse of the NS SLAVES will haunt them untill Sands become BANKRUPT.

When Next time people tell you abt GOlden Period , you must know that PERIOD has tons of blood ! Now the whole world is bleeding like mad !

 

[Merl Haggard]

Dow Jones futures plunge on more banking fears. In two hours' time it's set to plunge when Dow opens for trading.

The $700 billion plan approved by Congress has failed to restore confidence in the global banking system.

Fears spread around the world as news of more bank troubles emerged over the weekend, and Asian and European
stocks plummeted between 4 percent and 5 percent.

 

[Merl Haggard]

http://star.walagata.com/w/ghisallo/WEI3.pdf


Regional markets moved lower, on average 4-5% down, with Jakarta the biggest casualty registering a 10% plunge by end of day.

SembCorp Marine lost close to 15% to close at SGD2.38, and Keppel Corp down 8% to close SGD6.40.

Fund managers who faced redemption calls have been the main sellers, but the next few days may see worse numbers as those leveraged are issued margin calls.

The closing numbers tell the whole ugly story.

 

[cockcansing]

Soon bro downgrader have plenty of friends.

 

[Merl Haggard]

Soon bro downgrader have plenty of friends.

Holy Shit! Dow has plunged below the psychological 10,000 level! This brings its index to 1999 low!

STI will break its 2000 level sooner than I earlier forecasted.

LKY, what has happened to our Golden Period?

 

[zhihau]

Holy Shit! Dow has plunged below the psychological 10,000 level! This brings its index to 1999 low!

STI will break its 2000 level sooner than I earlier forecasted.

LKY, what has happened to our Golden Period?

nothing to worry about, the new confidence level would be set lower, that's all.

other than that, it's business as usual

 

[The_Latest_H]

Stay in cash......cash is King and I agree that the worst is yet to come.

This unstoppable tsunami is devastating the whole world.

By this weekend STI will break 2000, but it's okay for S'pore, for we have got
Lee Kuan Yew and his unique & talented team to see that we'll still enjoy the
Golden Period in this severe recession.

Now we will see how these millionaire, golden minions of LKY- all who couldn't see through corners and plan for the future- explain this crisis away.

 

[BlueCat]

banks here need to raise some cash to cushion the storm,so they are offering some pretty good fixed deposit package.

cash is king at this moment but do not save too much,the inflation will almost wipe out any little margin of interest that you will earn.

those with cash on hand,can now slowly have their picks of shares. it will not go on forever. at a certain point,it will surely rebound.