9/30/2014

The uniqueness of the Singapore stock market


Below is a description of the unique characteristics of the stock market that came to me in an email.

What's the difference between your response to an Alarm Bell and SGX Opening Bell?

a. When the Alarm Bell rings, you snap - and you are wide awake.
b. When the Opening Bell rings, you nap - and everything else can wait.

What's the difference between going into a Supermarket and into our Stock Market?

a. You go into the Supermarket to pick-n-choose - and pay for goodies from the shelves.
b. You go into the Stock Market to pick-n-choose - and then pay for losses when you sell.

What's the difference between Client who buy-n-keep for years, and a Client who buy-n-contra for years?

a. The Client who buy-n-keep for years may eventually become... Dormant.
b. The Client who buy-n-contra for years may eventually become...
Delinquent.

What's the difference in the way to raise credit limit for a Dormant client and for a Delinquent client?

a. For the Dormant client, just simply call your Credit Officer.
b. For the Delinquent client, may have to call the Debt Collector.

What's the difference between ASX, KRX and SGX where they operate whole day without official lunch break?

a. Australia and South Korea Exchanges are so busy throughout the day - everyday - that even for lunch, they simply do not have the time.
b. Singapore Stock Exchange is so very quiet throughout the day - everyday
- that they simply can have lunch all the time and anytime.


Kopi Level - Green

15 comments:

Anonymous said...

"Singapore Stock Exchange is so very quiet throughout the day - everyday
- that they simply can have lunch all the time and anytime."
RB

But that doesn't make the Sinkie opposition ready to be govt, and to change things for the better.

Hence 60% will let PM Lee continue as PM and Singapore Stock Exchange can continue to have lunch all the time and anytime.

Meanwhile blogger RB will have his kopi, and if remisier RB is lucky, his commission too. But not sure which is more, kopi or commission?

Anonymous said...

Blame the economy, blame the investors, blame the govt. It is all their fault.

Raymond said...

Aw, sounds like someone lost money in stocks.

Why don't you drop by sgtalk or fxdragons.asia, I'd give you some tips for free. :)

jjgg said...

Rb..why should anyone invest in shares listed on SES..it's only the overrated GLC bloated by its stranglehold on the local economy...property stocks that are underpinned by artificially induced high propert prices and banks whose free float is practically zero and on the other scale is penny stock that survives on churning..everything in Singapore's economy looks very sunset to me..telcos are topping, construction is n will be fucked,n banks are depending on credit card roll over fees for profits..properties on way way down..manufacturing is non existent..perhaps buying toto or 4d is a better punt...hehe

Chua Chin Leng aka redbean said...

Hi jjgg, why do you think the houses are recommending investors to buy stocks in foreign stock markets?

I only buy Toto and 4D. Better chances to make money.

jjgg said...

Rb..I left out a growing business..unfortunately we can't invest in it n it's not listed on the SES.. Government fees, taxes n penalties for services(?) rendered..this will forever increase..otherwise how to feed the fatter n fatter cats?

Chua Chin Leng aka redbean said...

You have a good idea. Can create something like CDS, Credit Default Swap. In this new CDS, it is genuine credit and not bad loans.

The bankers can work on this new product.

Anonymous said...

"Government fees, taxes n penalties for services(?) rendered..this will forever increase..otherwise how to feed the fatter n fatter cats?"
jjgg 10:55 am

Not really lah. Most important is to get more foreigners who are cheaper and faster and also readily available to work here for GDP growth. And also richer ones to buy all the prime properties or park their money here.

With GDP growth, there will be money to feed the fatter and fatter cats.

And hence as u can see, there is no place for daft and ordinary Sinkies. Any wonder why they are low priorities in the scheme of things?

Anonymous said...

redbean
May I offer your SGX client/investor my new investment product:
Deposit $100 with me on 1st Jan.
I return back to you $95 back on 31st Dec.
- You only lose 5% investing in my product.

Is it better than what you get when you invest in SGX listed companies?

Chua Chin Leng aka redbean said...

Hi Anon 1:03, you are doing better than fund managers. Even if you offer to pay back $70 for $100 invested, it will be considered very good returns.

b said...

Why play the sgx when can play so many exchanges? sgx are controlled by people with insider information. it is lousy and boring.

oldhorse42 said...

Surely things in sgx can't be so bad with two angmos FTs running the show!

Anonymous said...

In other countries the investors are very garang. In Singapore all like mouse.

Anonymous said...

Surely things in sgx can't be so bad with two angmos FTs running the show!

That is the real problem.

Anonymous said...

A fucking joke, an exchange whereby the leading index n other indexes components stocks r leecided by fucking angmoh

Hsien loong, duck u