What is
happening today, broking houses trying to break even, remisiers quitting the
business, unable to chalk up even commission to pay for overheads, and the
dearth of investors? And the best part,
no one knows what is wrong with the stock market. Everyone in a state of denial. Everything is
fine, just fine, nothing to worry about. This is the new normal.
What is
happening, what is happening? Now who is asking what is happening, everything
is fine, really, tomorrow will be better. We have seen worst, went through many
crises, not to worry, SGX shall overcome.
This is what
Goh Eng Yeow concluded in his piece, ‘No doubt it is now also facing big
challenges in finding new ways to draw back the investing crowd. But I have no doubt that it will persevere
and succeed. That must be the fervent
hope of remisiers sitting out the trading drought.’ I would like to type HOPE
in big capital letters. Not to worry, after the darkest night, the sun will
surely rise.
Did anyone
see the elephant in the room? No, the market is weak because of external
factors, the world economy is slowing, China is slowing down, and what else?
Still in a state of denial, refusing to see the elephant? This time the crisis
is for real. No amount of monkeying around will do any good until the elephant
is removed.
How about
having more courses, diplomas, degrees, master degrees and Ph Ds for stock
brokings? When we have so well trained and qualified remisiers to help
investors to trade, definitely the market will boom. Let’s train more Ph D
remisiers. It will sure help, if not improving the liquidity, at least the
remisiers can print Ph Ds in their name cards and call themselves investment
specialists. Never mind if they are still earning less than $2000 a month.
Any suckers
want to acquire a Ph D or Masters degree in stockbroking? Plenty of courses
available, to earn $2,000 pm or less.
40 comments:
Bundesbank Confirms HFTs Reduce Liquidity, Contribute To Flash Crashes, Withdraw At Times Of "Market Stress"
http://www.zerohedge.com/news/2016-10-24/bundesbank-finds-hfts-reduce-liquidity-contribute-flash-crashes-withdraw-times-marke
Rb //And the best part, no one knows what is wrong with the stock market.//
A moribund stock mkt is a mirror image of the economy?
And the economy is a mirror image of the economic person in charge in the economy?
In this case, it is Botak and Botak-nomics (2004 to 2015 MOF, OCT 2015 TO PRESENT, cbl economics coordinator)?
When an Ang mo and a Chinese guy or gal went for an interview.
The whites will sell his resume that he can talk to the Bird from the tree to his hand and into the cooking pot.
The Chinese will said he will try his best in the job if selected.
Black Ants are the relatives of the Ang mo. Different in colour but same in features and genes.
Most of the time, dump Asian employers are baffled at their so called abilities.
After getting the plum job and pocketed all the hefty salaries that they demanded. They just pat pat their backsides and leave if they cannot perform or just make an excuse they have better opportunities.
Dumb dumb Asians still think these species are superior.
Now the PM harping to rally the youths.
In the first place, WHO misplaced our youths???
Rb //Remember all the good news when Bockers came on board, that with all the foreign big players, including the algo traders, liquidity would be all time high and broking houses could expect to do great business. He even invested $250m on a new high speed super computer for SGX to prepare for the big volume of trading transactions that it was supposed to handle. There were great promises of a highly strung stock exchange and smiling faces every where.//
Aiyo, lao uncle lao hero:
U said Botak verlee good should become Pee Am?
But u keep kpkb abt elephant?
Who appointed or approved the apptment of Bockers in the 2000s?
Not Botak meh?
Who is in denial?
Lao hero?
No?
You trade because there are good opportunities to make money.......
if not, why waste time and sleepless nights to trade?........
I m sad sad sad about the situation we are in today.......
But, I m happy happy happy in making some pocket money from
time to time......not very very much and not very very often.......
I have retired from "active" trading moons ago to "opportunitist" trading........
This market very very difficult for me to trade......only buy
"blue blue chip" when the market is really down down and sell
when the market moved up up......waiting waiting is the game.....
making some pocket money....not much.....but enough to pay for
my thick kopi-O and a bowl of "law mee"........
Like Rod Steward's song......."I Don't Want To Talk About It"........
Cheers...................
Uncle RB, I used to trade in the stock market 20 over years ago and it was profitable and one can actually make a profit. Then we have the trash Chinese companies covered by brokerage research that said very good. I actually believed in them and shares that were bought at $1 is now 1cent. Several hundred thousands evaporated. Now I only place my money in fixed deposit earning 1%. Losses through inflation is slower as losses in the stock market can wiped u of totally.π°π°π° its just a big Casino now.
"Never mind if they are still earning less than $2000 a month."
RB
In super high cost of living Sinkieland, if they are earning less than $2000 a month, they will be very unhappy with PAP, tio bo?
And if they are unhappy with PAP, they will vote opposition, tio bo?
But too bad for them lah, because only 30% or less are unhappy enough to vote opposition, even as recently as in Sep 2015.
anonymous 10.43am....very very sorry to hear that.......
you are not alone.......many many out there like you......
yes.....sgx is a BIG casino.....
BIG fish eat small fish.......including the fish bones.......
Someone bump onto me asked what i fancied in sgx. I told him keeping property. He was shocked. I asked him what he bought, he bought banks. When Bockers stired up the sgx merger, many lost big deals speculating at sgx counter. It was a planned stir when looking back. There was no fundamental done. Bocker did not clear the politics at au for merger. I would expect that job is the first for any businessman do do a merger. Too bad, the local authority hired so called foreign talent was a wayang wayang show. Goreng goyang goreng goyang to pay for his years of contract with big fat pay. Not surprised by him, he hired a coo that resulted UPS not charged resulting stock exchange had no spare power when there was black out. I have never seen such mess at sgx s basic organization.
Now sgx at 2800 is not the lowest i told my bumped friend. He thought banks are safe. I thought property counters worth money. What is your thought? All this is based on assumption that tomorrow sgx is still open door. That is number one. The counters are still having cash and not bankrupt. That is number two.
Beware of politicians playing up sentiment to buy properties to tie up your cash. That old man has gone. But politician stirring up sentiment for exchange merger may not work any more. Most cash are tied to concrete now. Banks may have hollowing effects when companies listed in exchanges CANNOT pay for their debts.
That is the chance, probably the last chance: the big crash. Must wait lah. Buy if have cash.
Aiyo,
One 60-yo calling a contemporary (67-yo) uncle?
Trying to sound young?
11.29 am, is your post meaningful? Knn wasting my two seconds to read your post and try to understand what you posted. I hope you are not that regular guy that posted many nonsense till Rb deleted your post. If you are that motherfucker go get your fix lar. I think the black ants quite desperate they don't mind screwing your ass and u love being sodomised anyway
πππ
Rb // I would like to type HOPE in big capital letters.//
No hope le?
Damage already done to the economy by the "economic steriod" pumped into the puffed up Merlion via Botak-nomics?
It is just the delaying of an inevitable ......?
//Knn wasting my two seconds to read your post and try to understand what you posted. I hope you are not that regular guy that posted many nonsense till Rb deleted your post. If you are that motherfucker go get your fix lar. I think the black ants quite desperate they don't mind screwing your ass and u love being sodomised anyway//
It is so funny to see somebolee critising himself right in front of the world
Yew got the virus from lao goa?
Ownself scold ownself?
Ha ha ha
No wonder many dubbed yew the "imh resident escapee" ......
Ownself laughed at ownself?
No hope le
Wasting oxygen!
Why so worry about SGX ?
If Sgp kaput, what use is SGX ?
@ AnonymousOctober 25, 2016 12:07 pm
//Why so worry about SGX ?
If Sgp kaput, what use is SGX ?//
Ha ha, good one?
But it is not "if" but "WHEN"?
Paraphrasing sentence #2:
"When Sgp kaput, what use is SGX ?"
Does this more accurately reflect reality?
@AnonymousOctober 25, 2016 12:07 pm
//If Sgp kaput .......//
Kaput, kaput lah?
Only 3-digit sq km tiny dot not even visible on world map?
This is the price (of stupidity and lo(oooo)on(g)acy) to pay for (kay kiang) trying to punch above it's (hair-like) weight?
October 25, 2016 10:43 am
I second your statement. I also got burnt by all these Chinese companies. At that time too much vibes on China companies and its economy. I blame myself too trusty.
SGX attract all the the wrong companies especially from China , next inline is the India.
Tio duah Tio duah.
SGX attract all the the wrong companies especially from China....
12:52 pm
Tiok. Because the better companies from China will prefer to list in HK or America, not SGX.
Just like foreign talents, the better ones will either remain in their own countries (their govt know how to take care of their talents) or go to Western countries with more opportunities. Sinkieland is only for PAP to take in mostly rubbish talents and to tekan stupid Sinkies.
Now I only place my money in fixed deposit earning 1%.
10:43 am
So now you are smart just like me. Except that I don't invest in trash Chinese companies, so never lose money in SGX. So maybe I am smarter.
Hehehehe, no one is responsible lah. You die your business. I got my million dollar salary every month laughing to the bank.
STI in positive territory for
the past few consecutive days.
What is the problem with it ?
Lots of Continental Branded Big Cc
cars parking at banks and trading houses.
Everything so rosy, what's the issue
about SGX ?
Many working in the financial sectors are crooks?
Ask those responsible for the 2008/ 2009 subprime mortgage crisis which triggered the GFC?
AH Ben of the US FED now has about USD4.3 Trillion of assets, much of them MBS (mortgaged backed securities) bought from commercial banks under QE 1, 2 & 3?
Ha ha ha
No toxics in those securitised assets?
How abt the $80 million (toxic bonds) bought using sinking fund?
Who were responsible?
Held accountable and punished?
Wait till mid Nov or late Dec?
Ha ha ha
When is Ms Janet going to sell back the MBS bought by Ah Ben using QE 1, 2 & 3 monies?
USD4.3 trillion ........
How many flashy cars can be bought?
Mb several scores of jumbo jets too?
And the entire 3-digit sq km barren rock?
When you mention SGX now Singaporean investors turn cold feet.
3:29 pm
Tiok. But only for those who had been burnt badly.
The smart ones who did not invest in SGX are even smarter now after reading your comment.
So any wonder why even Goh Eng Yeow, instead of being positive like a MSM reporter should, wrote a piece titled ‘SGX, where have all the investors gone?’?
Stock market is the mirror image of Botak-nomics?
That speaks volume of Botak?
And his Botak-nomics (steriod losing effect)?
That speaks volume of Botak?
3:56 pm
It is not for no good reason why Botak does not want to be PM.
Botak only look nice guy outside image but actually quite screw up.
Can investors expect the SGX to provide a level playing field in the stock market?
Can investors expect fair play for all players?
Can?
But your neck must be prepared to wait lo(oooooo)ng lo(oooooo)ng?
But dun worry, the upper limit shall not be more than the tallest animal?
Rb //No amount of monkeying around will do any good ..... //
Uncle,
It is the "alligator" lah ......?
How to trust those "animals" in JBP lurking underneath the water surface?
One bite to yewr neck and the next minute its lunch in the stomach?
Those think invest in Bonds safer almost similar to FDs. Little do they know that when maturity is near, they said please defer. No payouts.
Companies in bad shape. But in between their Management staff and CEOs etc are drawing big salaries monthly.
Now even bond holders kena plucked. That's why just before retirement and with full CPF's withdrawal, staight away liquidated all shares.
Those crooked CEOs and their kakis just simply got slapped on the wrists and their organisations paid fines on their behalf on investors monies and they smirked away with their million dollars salaries.
In good times or bad, expenses on entertainment expense on investors accounts are simply splurged on themselves. Even grand fathers and mistresses bird days are on company accounts.
Got see so many go overboard and charged in courts. Even rebates and commission for contracts put under cover of entertainment expenses.
You won't be surprised even sex in small spaces also on company Accounts.
These blood suckers would not spend a fortune on restaurants. They can only eat chai png of 2.50 at hawker stalls. Those who signed signed in posh restaurants are on company's accounts.
Especially the Marketing Director and staff.
11.49 am look like you are that motherfucker that posted nonsense. You are taking over matilar Singapura job since he died. Knn why don't u spend time writing books that matilar was unable to complete. There were many suggestions for matilar. I hope u are not like matilar into the incest thing though as his Mother, Wife, sisters and daughters suffered terribly in his hands.
Some of us here should be sent
to IMH aka 'Siao Lang Keng' in
local Hokkien Dialect.
Me included, like to talk to ourselves here bcos of the Lack of interactions. Must say here that Matilah Singapura was the Most interactive with many responding to him.
l sispect the 'Siao Langs' here
are oso addicted to MSN. Though
l tried hard to leave like l tried to stop my rides on Camel
cigarettes, the Addictions are
too strong for my feeble mind.
There are oso chameleons with
frequent changes of nicks to
make the self-interactions
more co-related or related.
One benefit that one gets from
the activities in Cyberspace is the gains in knowledge which come in many forms.
There are times we get to meet kind folks who guide, teach and
correct us voluntarily.
One thing for sure is that one has to expect dig, brickbat and
even sneer from time to time.
Anyway, My Singapore News allows
me to learn much. Thanks to Rb
and everybody.
patriot
Patriot, just talk to those worthy to talk to.
You know there are a few jokers attaching themselves here permanently.
I have decided to PNG them.
Chin Leng Sir;
me am fine with all everyone
at My Singapore News and elsewhere that l visit. To me,
there will always be agreement
and disagreement everywhere.
By and large, l try to avoid confrontation and getting personal. l am more interested
in the Subject Matter.
l oso expect all kinds of folks
everywhere and anywhere, be they expert or expurt.
As a whole, l gain much knowledge and guidances from the Enlightened Folks at the Social
Media.
Me am thankful and grateful.
My Singapore News benefits me most as l am here most frequently
and Rb is one blogger that l have
much respect.
patriot
I will remove all those twits that are here for personal attacks. Yes, disagreements are normal. But those few twits that are always getting personal would be shut out.
Hello Everybody,
My name is Mrs Sharon Sim. I live in Singapore and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of $250,000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of $250,000.00 SG. Dollar, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please contact him tell him that is Mrs Sharon, that refer you to him. contact Dr Purva Pius,via email:(urgentloan22@gmail.com) Thank you.
BORROWERS APPLICATION DETAILS
1. Name Of Applicant in Full:……..
2. Telephone Numbers:……….
3. Address and Location:…….
4. Amount in request………..
5. Repayment Period:………..
6. Purpose Of Loan………….
7. country…………………
8. phone…………………..
9. occupation………………
10.age/sex…………………
11.Monthly Income…………..
12.Email……………..
Regards.
Managements
Email Kindly Contact: (urgentloan22@gmail.com)
Post a Comment