Abe the little Japanese runt thinks he is brave and especially with
the support and encouragement of his colonial masters in Washington he
thinks he can safely provoke a war with China and come out unscathed. He
couldn't be more wrong for he and his cohorts of Japanese warmongers would be committing Japan to national harakiri. If I were China and I believe China itself
would not hesitate to obliterate Japan and all Japanese from the earth
with the full arsenal of nuclear bombs. This is the good time and
opportunity for China and all Chinese people wherever they may be to
kill every Japanese within their reach since the Japs have never shown
any remorse for their wanton killings of millions of Chinese people
during their attack and invasion of China and South - East Asia in the
1930s and 1940s. As for the Japs' colonial masters , the Evil Empire in
Washington, China must neutralise this maniac power by stationing enough
nuclear submarines with full complements of nuclear tipped missiles in
the seas around America as well as full array of nuclear tipped ICBMs
targetting USA to serve as a deterrent that the Evil Empire should stay
neutral and not interfere in a war provoked by Japan.
Southernglory1 As a foot note : My father was brutally tortured by the Japanese military and my mother too suffered severely .
10/29/2013
From high finance to low finance
‘Singapore government-sponsored investment house Temasek Holdings is
close to investing $60 million or Rs 300 crore in Hyderabad based
Spandana Sphoorty Financial Ltd. According to sources, the deal is being
closed at $400 million or Rs 2,000 crore valuation.
VCCircle had reported last week, quoting Spandana's CEO Padmaja Reddy, that the microfinance institution would be closing a $60 million deal this week. When contacted, Manish Kejriwal, Senior Investment Director, India & International, Temasek Holdings, told VCCircle, “We haven’t closed the deal.” Reddy was not available for a comment.
If the deal goes through, this would be third investment by Temasek in financial services space. It had earlier invested in non banking financial services company Fullerton India and also in ICICI Bank.’
The above is posted at Sammyboy.com. Read that Temasek is also in Chengdu China in the same micro financing business. This is like moving from investing in top global banks to kucing kurap little finance companies.
If I have so much money to invest and invest regardless of what, I would rather put the money in a few pawnshops here. At least it would not turn out to be another lemon like the childcare in Oz. Or perhaps I may just do a charity like offering anther 20 or 30 scholarships for Asean students to study here. Write off the money and no regrets knowing well ahead that money is for charity and not expecting any returns.
Alternatively can hold a few more Singapore Day events overseas to benefit Singaporeans. Can feel shiok also after spending the money.
What do you think?
VCCircle had reported last week, quoting Spandana's CEO Padmaja Reddy, that the microfinance institution would be closing a $60 million deal this week. When contacted, Manish Kejriwal, Senior Investment Director, India & International, Temasek Holdings, told VCCircle, “We haven’t closed the deal.” Reddy was not available for a comment.
If the deal goes through, this would be third investment by Temasek in financial services space. It had earlier invested in non banking financial services company Fullerton India and also in ICICI Bank.’
The above is posted at Sammyboy.com. Read that Temasek is also in Chengdu China in the same micro financing business. This is like moving from investing in top global banks to kucing kurap little finance companies.
If I have so much money to invest and invest regardless of what, I would rather put the money in a few pawnshops here. At least it would not turn out to be another lemon like the childcare in Oz. Or perhaps I may just do a charity like offering anther 20 or 30 scholarships for Asean students to study here. Write off the money and no regrets knowing well ahead that money is for charity and not expecting any returns.
Alternatively can hold a few more Singapore Day events overseas to benefit Singaporeans. Can feel shiok also after spending the money.
What do you think?
HongKong’s MRT the envy of the world
‘Hong Kong's MRT is the envy of the world, and many other
cities are trying to emulate its efficiency and reliability.
Better still, their MRT officers and their Minister-in-Charge
are earning less than 10% of what we are paying our own
counterparts. This is translated into very much reduced cost per
ride for the Hongkies. For example, as a senior in HK, I pay only
HK$2 (=S$0.35) per trip regardless of the distance travelled.
I think we should also get the HK team to come and run our
MRT at a small fraction of our current salaries.
Hopefully this will also mean much reduced cost per
ride in Singapore.’
I received the above in an email. The Hongkies are very highly regarded for competitiveness and their entrepreneurial spirit. They have not been called daft. They know they are good.
I would suggest we send a study or fact finding team to learn from them and maybe we can improve our public transport system. No need to feel malu just because we have bigger dignity and so cannot learn from people with lesser dignity. When they are good, we must come down and be willing to learn from the better people and their system.
Tiok boh?
cities are trying to emulate its efficiency and reliability.
Better still, their MRT officers and their Minister-in-Charge
are earning less than 10% of what we are paying our own
counterparts. This is translated into very much reduced cost per
ride for the Hongkies. For example, as a senior in HK, I pay only
HK$2 (=S$0.35) per trip regardless of the distance travelled.
I think we should also get the HK team to come and run our
MRT at a small fraction of our current salaries.
Hopefully this will also mean much reduced cost per
ride in Singapore.’
I received the above in an email. The Hongkies are very highly regarded for competitiveness and their entrepreneurial spirit. They have not been called daft. They know they are good.
I would suggest we send a study or fact finding team to learn from them and maybe we can improve our public transport system. No need to feel malu just because we have bigger dignity and so cannot learn from people with lesser dignity. When they are good, we must come down and be willing to learn from the better people and their system.
Tiok boh?
Singapore Exchange Seeks High-Frequency Traders
The above is the titled of an article by Jonathan Burgos on Oct 28 in
Bloomberg News. It quoted Magnus Bocker, the CEO of the Singapore Stock
Exchange that this is the way to go to improve liquidity and quality of
the Exchange. HFT accounted for a fraction of the liquidity in the
trading of equities but 30% of the trading of derivatives, according to
spokesperson Loh Wei Ling. HFT is thus in the system but would now go a
big way into the main activity of the Exchange.
When Bocker first came on board he introduced several changes to facilitate trading, to improve liquidity, efficiency and trading volumes. Among these were smaller bid size, lower commission, no lunch break, allowing computers to be plugged into the SGX and located nearby to take advantage of the proximity and benefitted from the speed to make profits.
“The more liquidity and the more trading generally makes the market better, lowers trading cost and helps smaller investors,” said Larry Tabb. How would this statement measure up to the reason for Bocker to want to introduce HFT as stated below?
‘Bocker is seeking more business with the daily average value of equity trades down to about S$1.5 billion ($1.2 billion) this year, a 36 percent plunge from 2007, according to data compiled by Bloomberg.’
And David Gerald, President of SIAS, has this to say, ‘…allowing high-frequency traders will introduce unfamiliar risks to investors .…“A knife is good as well as dangerous,….Investors must know the risks and decide for themselves whether they want to invest or not. There are many products out there which are very risky and investors have to be educated on the risks and they must make an informed decision.’
Comforting words indeed. But with the HFT in full play, has the nature of stock trading been changed when profit and loss are incurred by virtue of computer speed and nothing else, and with funds using their computers to trade or cheat against the small investors? What is a stock exchange? Definitely it is not meant to be a jackpot machine or a computer game.
Would the authorities seriously look at HFT and the nature of stock market trading, the unfair advantages of big funds with big war chests and high speed computers profiting from the innocent and unsophisticated small investors without the aid of computers and information from the computers of the Exchange. What happens to fair trading practices and a level playing field? The MAS owes all investors big and small the responsibility to ensure that it is fair game and not a loaded dice. Would the MD of MAS, Ravi Menon, care to comment on this? My personal opinion is that this is worse than Lehman Bonds and toxic notes. Is David Gerald’s warning of a dangerous knife enough, sufficient, to the unsophisticated small investors? Anyone in the govt thinks that HFT is ok and acceptable to be allowed into our stock market? HFT is like throwing some piranhas into our reservoir and then ask what happened when all the fishes were gone, like where have all the small investors gone.
Should all remisiers, dealers and investors be made to take a course and test on HFT, to know the risk involved and to sign a letter that they know what they are in for and would be responsible for their own tradings?
An easier way to increase trading volume is to open the market 24 hours. By virtue of tripling the trading hours, the volume must increase by 3 folds. Or maybe cut commission to zero where traders can trade freely.
Over the last few days, the volume of trades must have opened some eyes that all is not well. No, Rip Van Winkle still snoring away?
When Bocker first came on board he introduced several changes to facilitate trading, to improve liquidity, efficiency and trading volumes. Among these were smaller bid size, lower commission, no lunch break, allowing computers to be plugged into the SGX and located nearby to take advantage of the proximity and benefitted from the speed to make profits.
“The more liquidity and the more trading generally makes the market better, lowers trading cost and helps smaller investors,” said Larry Tabb. How would this statement measure up to the reason for Bocker to want to introduce HFT as stated below?
‘Bocker is seeking more business with the daily average value of equity trades down to about S$1.5 billion ($1.2 billion) this year, a 36 percent plunge from 2007, according to data compiled by Bloomberg.’
And David Gerald, President of SIAS, has this to say, ‘…allowing high-frequency traders will introduce unfamiliar risks to investors .…“A knife is good as well as dangerous,….Investors must know the risks and decide for themselves whether they want to invest or not. There are many products out there which are very risky and investors have to be educated on the risks and they must make an informed decision.’
Comforting words indeed. But with the HFT in full play, has the nature of stock trading been changed when profit and loss are incurred by virtue of computer speed and nothing else, and with funds using their computers to trade or cheat against the small investors? What is a stock exchange? Definitely it is not meant to be a jackpot machine or a computer game.
Would the authorities seriously look at HFT and the nature of stock market trading, the unfair advantages of big funds with big war chests and high speed computers profiting from the innocent and unsophisticated small investors without the aid of computers and information from the computers of the Exchange. What happens to fair trading practices and a level playing field? The MAS owes all investors big and small the responsibility to ensure that it is fair game and not a loaded dice. Would the MD of MAS, Ravi Menon, care to comment on this? My personal opinion is that this is worse than Lehman Bonds and toxic notes. Is David Gerald’s warning of a dangerous knife enough, sufficient, to the unsophisticated small investors? Anyone in the govt thinks that HFT is ok and acceptable to be allowed into our stock market? HFT is like throwing some piranhas into our reservoir and then ask what happened when all the fishes were gone, like where have all the small investors gone.
Should all remisiers, dealers and investors be made to take a course and test on HFT, to know the risk involved and to sign a letter that they know what they are in for and would be responsible for their own tradings?
An easier way to increase trading volume is to open the market 24 hours. By virtue of tripling the trading hours, the volume must increase by 3 folds. Or maybe cut commission to zero where traders can trade freely.
Over the last few days, the volume of trades must have opened some eyes that all is not well. No, Rip Van Winkle still snoring away?
10/28/2013
War is imminent in East Asia
Abe warned China that it would not tolerate the ‘use of force to change
status quo’ in East Asia, a reference to the Diaoyutai dispute. And
Japan has been acting aggressively by scrambling fighter jets to
intercept Chinese aircraft in international airspace in the vicinity of
the disputed islands. Such rattling of sabre has been what the Japanese
were used to in the past, and the use of force to change the status quo,
like invading all the countries in East and Southeast Asia were what
the Japanese did during the Second World War.
Japan is still acting and behaving as if it is the undisputed military power of the region and China is still the Sick Man of Asia. In today’s context, China is in a better position to warn Japan and be the provocative one. Instead, Japan is still thinking that it is their right and think they could invade and run wild into China. Abe and his military hawks better have their heads check. Japan today is on its own, encircled by Russia, China and the two Koreas and Taiwan in the South. Any outbreak of hostility will see old scores being settled. Yes, Japan can count on the Americans, and there will be a big military battle at sea if the combatants can limit the scale of the war and the theatre of action.
Today, the cities in both China and Japan are so densely populated that bombings could be so destructive beyond the imagination of anyone. The scale of destruction and death in one day could be more than the whole of World War Two. But the Japanese would not want to think so and continuously provocating China for a showdown.
China has replied to Abe’s threat that any act against Chinese aircraft or ships will be an act of war. This is the first time the word ‘war’ is being used in response to Abe’s threat and warning of military action. By making such harsh statements, Abe is forcing the Chinese to take even stronger stand to face up to him.
War is imminent and a very violent and bloody one when it starts. There is no way the two countries can limit the scale of war and the participation of other countries, notably the Americans on the side of the Japanese, and Russia, the two Koreas and Taiwan on the side of China. Historical debt will be settled and the Ryukyu island chain will likely be reverted to Chinese rule, and the Koreans will make sure their islands will remain with Korea. Russians may be tempted to expand their grasp from 4 islands to a few more in the North Sea.
Japan is still acting and behaving as if it is the undisputed military power of the region and China is still the Sick Man of Asia. In today’s context, China is in a better position to warn Japan and be the provocative one. Instead, Japan is still thinking that it is their right and think they could invade and run wild into China. Abe and his military hawks better have their heads check. Japan today is on its own, encircled by Russia, China and the two Koreas and Taiwan in the South. Any outbreak of hostility will see old scores being settled. Yes, Japan can count on the Americans, and there will be a big military battle at sea if the combatants can limit the scale of the war and the theatre of action.
Today, the cities in both China and Japan are so densely populated that bombings could be so destructive beyond the imagination of anyone. The scale of destruction and death in one day could be more than the whole of World War Two. But the Japanese would not want to think so and continuously provocating China for a showdown.
China has replied to Abe’s threat that any act against Chinese aircraft or ships will be an act of war. This is the first time the word ‘war’ is being used in response to Abe’s threat and warning of military action. By making such harsh statements, Abe is forcing the Chinese to take even stronger stand to face up to him.
War is imminent and a very violent and bloody one when it starts. There is no way the two countries can limit the scale of war and the participation of other countries, notably the Americans on the side of the Japanese, and Russia, the two Koreas and Taiwan on the side of China. Historical debt will be settled and the Ryukyu island chain will likely be reverted to Chinese rule, and the Koreans will make sure their islands will remain with Korea. Russians may be tempted to expand their grasp from 4 islands to a few more in the North Sea.
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