tag:blogger.com,1999:blog-17473688.post3991965849230231707..comments2024-03-28T17:31:22.152+08:00Comments on My Singapore News: An industry dyingChua Chin Leng aka redbeanhttp://www.blogger.com/profile/11743716923635835397noreply@blogger.comBlogger22125tag:blogger.com,1999:blog-17473688.post-55360022234818363522012-08-24T18:34:45.816+08:002012-08-24T18:34:45.816+08:00Diamond, gold and silver have been touted as worth...Diamond, gold and silver have been touted as worthwhile investments.<br /><br />Reason?<br /><br />Bcos, the India Indians and the China Chinese are reported by our medias, to be keen on the Above.<br /><br />Lolx.........Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-32109706136018272062012-08-22T18:59:50.547+08:002012-08-22T18:59:50.547+08:00Let it dies,
Who cares!Let it dies,<br />Who cares!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-42220759872468563112012-08-22T15:42:44.193+08:002012-08-22T15:42:44.193+08:00MAS and SGX owe the investors an explanation on ho...MAS and SGX owe the investors an explanation on how the high speed computers work and if the computers are cheating on the small investors.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-73009625408482014192012-08-22T15:40:14.123+08:002012-08-22T15:40:14.123+08:00Many Sinkies even said can't take back CPF nev...Many Sinkies even said can't take back CPF never mind lah.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-57630268668697051802012-08-22T15:38:49.100+08:002012-08-22T15:38:49.100+08:00Capitalism or socialism.
It does not matter.
Just...Capitalism or socialism.<br />It does not matter.<br /><br />Just make very sure you understand where your self interest lies.<br />And vote accordingly.<br /><br />Sadly.<br />Most Singaporeans are so trusting, naive or stupid.<br />They don't even know where their self interests lies.<br />And subsequently end up voting for the wrong people.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-63037843328441997902012-08-22T15:36:44.600+08:002012-08-22T15:36:44.600+08:00Hi Veritas, in uniquely Sinkieland, it is the poor...Hi Veritas, in uniquely Sinkieland, it is the poor that are saving and hoarding in the CPF to let the rich gamble with the money and to feed on it.Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-62605572445947056142012-08-22T15:26:50.250+08:002012-08-22T15:26:50.250+08:00////
ery stupid for companies to cut staff and red...////<br />ery stupid for companies to cut staff and reduce pay to incrase profit margin .. cos such impact are only short term.. they need to pay staff well so that the purchasing power as a whole can be raised. Only when people start to spend money that these companies have demands for their products. increasing sales and revenues is definitely more viable than cutting cost in the long run. Veritashttps://www.blogger.com/profile/00269626703466474028noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-35689714360775489242012-08-22T15:25:42.311+08:002012-08-22T15:25:42.311+08:00To me, nothing has changed except that my trading ...To me, nothing has changed except that my trading cost is much lower now. I m not the trader sort who trades in and out actively. I m the Warren Buffett type who look at the stock fundamentals and invest when it is cheap relative to value and hold. <br /><br />Computer trading, if it really like what Mr Chua says, is so sinister, then the positive side to it is it has chased out the stock tradersAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-36651545352301488652012-08-22T15:12:08.267+08:002012-08-22T15:12:08.267+08:00very stupid for companies to cut staff and reduce ...very stupid for companies to cut staff and reduce pay to incrase profit margin .. cos such impact are only short term.. they need to pay staff well so that the purchasing power as a whole can be raised. Only when people start to spend money that these companies have demands for their products. increasing sales and revenues is definitely more viable than cutting cost in the long run. Afterall Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-6100821321818544892012-08-22T14:45:59.099+08:002012-08-22T14:45:59.099+08:00Trading using the internet is an option for those ...Trading using the internet is an option for those who did not want to pay for the services of remisiers. That is fair. I have clients who are also trading thru the net.<br /><br />But many investors, including you, are missing the woods in the forest. Please read all my postings on the stock market and hope you can fish out the real problem that I have highlighted. I have made it very clear sort Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-17797386324228711622012-08-22T14:33:30.030+08:002012-08-22T14:33:30.030+08:00Years ago, I traded through my remisier paying 1%....Years ago, I traded through my remisier paying 1%. And most of the time I would just ignore my remisier's recommendations which more often than not, turn out to be wrong, or the stock would just spurt up 20 cents and then collapse. So now, why would anybody want to pay 1% when he/she can trade through internet and pay much less?<br /><br />True PatriotAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-39038663823340390052012-08-22T14:20:08.251+08:002012-08-22T14:20:08.251+08:00We should celebrate the closing of a casino and ve...We should celebrate the closing of a casino and very big one, no?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-27798093162371447472012-08-22T12:29:32.005+08:002012-08-22T12:29:32.005+08:00The industry is in a state if denial. No one want ...The industry is in a state if denial. No one want to see the elephant in the room. The impact of a stock market demise will spread across the entire economy.<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-7927771734574579582012-08-22T12:04:47.577+08:002012-08-22T12:04:47.577+08:00The imminent death of the Singapore
Stock Market,a...The imminent death of the Singapore<br />Stock Market,a major provider of capital and liquidity in a financial center,is apparent and can only well be attributed to LKY <br />disastrously successful STOP AT TWO policy.<br />Sure,the brokerage industry can employ foreign analysts,backroom staff,chartists what have you,but there is pratically a total absence<br />of locally born participants in theAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-76009514594769295092012-08-22T11:41:04.259+08:002012-08-22T11:41:04.259+08:00We do not even have a market. The market is fragme...We do not even have a market. The market is fragmented in black pools, that ordinary investors cannot access. Not only trading is rigged, the books and financial reports nowadays are no longer trust worthy. History has shown in 1929 that capitalism fails. The Great Depression brings Hitler. The 1929 saga ended in 1945, a 16 years of transition before a new order began.<br /><br />Hitler blaming Veritashttps://www.blogger.com/profile/00269626703466474028noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-71585270390922174502012-08-22T11:14:11.046+08:002012-08-22T11:14:11.046+08:00P.S Anons:
It takes a few attempts and mistakes w...P.S Anons:<br /><br />It takes a few attempts and mistakes which affect the lives of people to get a system to a point where it will be "functional".<br /><br />No one gets it in the first few rounds. To make an omelette , some eggs will be broken. To make a tasty omelette, you not only have t break eggs, but you have to introduce new elements.<br /><br />Too much emphasis is placed on Ⓜatilah $ingapura⚠️https://www.blogger.com/profile/02652498247201967379noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-80795759511787451902012-08-22T11:09:57.073+08:002012-08-22T11:09:57.073+08:00anons:
Call it what you want. I like the term &q...anons: <br /><br />Call it what you want. I like the term "creative destruction" because it annoys the fuck-heads who refuse to accept objective "reality".<br /><br />redbean: I couldn't care less if people/ machines make the stock markets into casinos. I'm just waiting to get my jollies from unenlightened and jack-ass peoples' devastating fear and greed fueled Ⓜatilah $ingapura⚠️https://www.blogger.com/profile/02652498247201967379noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-16261457792890604032012-08-22T10:50:10.964+08:002012-08-22T10:50:10.964+08:00The destruction started the moment they turned the...The destruction started the moment they turned the stock market into a casino for gamblers and gambling machines. And the idiots did not even know what is happening.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-56974391512723439782012-08-22T10:44:32.796+08:002012-08-22T10:44:32.796+08:00This is NOT creative destruction.
It's bad man...This is NOT creative destruction.<br />It's bad management.<br /><br />It's actually called "The death spiral".<br />There are various scenarios of the death spiral.<br />But the essence is the same.<br /><br />Incorrect cost cutting decisions.<br />Results in further business deterioration.<br />Which leads to further cuts.<br />And further subsequent business deterioration.<brAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-55396373705130777252012-08-22T10:31:54.328+08:002012-08-22T10:31:54.328+08:00Matilah, this is an area that you are talking out ...Matilah, this is an area that you are talking out of your depth. Machines that traded millions of trades in seconds are meant for the casinos, not the stock market. But I must admit that many fools think like you without a clue what is going on in the industry.Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-74933112932053023052012-08-22T10:22:52.702+08:002012-08-22T10:22:52.702+08:00Creative destruction is a necessary consequence of...Creative destruction is a necessary consequence of growth.<br /><br />Machines can work faster, cheaper and 24/7. The industry is carrying too much fat, and thankfully that fat is now being trimmed.<br /><br />Machines can now trade several thousand times per second. If that is the case, how to expect to pay commission of 1%? Impossible. The commissions will end up exceeding the value of the Ⓜatilah $ingapura⚠️https://www.blogger.com/profile/02652498247201967379noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-5202555789522242442012-08-22T09:40:55.794+08:002012-08-22T09:40:55.794+08:00This is an important industry to be run to the gro...This is an important industry to be run to the ground. The deaf frogs are not listening. Nothing affects them.<br /><br />At ground level, the top executives, fund managers, analysts, are mostly high income earners with big mortgages to service. If they lose their jobs, it can be very painful.Anonymousnoreply@blogger.com