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To me, some so called analysts are just talking c*cks or have wonky brains.  The env in OnM is so tough as it is.  How much room does SMM have to cherry pick.  The alternative to not fighting for a contract, even if the terms are considered more onerous, cld be having idle production capacity which still need to be paid for.  How much choice does SMM have? 
stockgurus ( Date: 30-Jun-2019 18:01) Posted:
&ldquo SMM has to be selective when securing new orders (e.g. those with not too unfavourable payment terms), considering the group&rsquo s current balance sheet position and that future new orders may have increased working capital needs,&rdquo Pei Han Low, analyst at OIR, said in a report.
https://sbr.com.sg/shipping-marine/news/sembmarine-banks-more-orders-bounce-back-black
(: 
stockgurus ( Date: 30-Jun-2019 17:57) Posted:
US-China trade truce,trade negotiation underway..US company can now sell to Huawei.. 
$500 million additional working capital possible signal..
Quoted from news released " Working capital needs have also increased especially for major engineering, procurement and construction projects.&rdquo  
The timing and nature of the issued bonds could signal something very interesting..
Why now and not 2 months later?
What the hurry for (: (: (: THINK THINK THINK
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The sudden increase was in conjunction with triple witching actions, n px has retreated since then.  My position is they don' t meet the requirement for the db licence, n I doubt if they are gonna apply at all. 
AttasBoss ( Date: 30-Jun-2019 11:48) Posted:
Impressive 6 days before official news out
Jamesbond007 ( Date: 22-Jun-2019 12:32) Posted:
| How about the idea of grab joining hand with HL Finance towards applyingfor an online bank licence from MAS? |
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Actually, when POSB was a govt stat board, there were two things - 1) interest on deposits placed with it was tax exempt, 2) deposits placed with it were guaranteed by the govt.  Eventually, due to pressure from the commercial bks (especially dear old botak), tax exemption on POSB deposits was reduced to 1st 100k of deposits.  But that too was eventually withdrawn.  Gov guarantee on POSB deposits was also finally removed. 
FATABA ( Date: 29-Jun-2019 21:57) Posted:
If I am not wrong ..no banks ganrantee on the deposit in total .
Singapore banks under the MAS guildline is ganrantee up to $50K ? ( was this up to 80k recently or so ....I cant recall )
Qanghoo ( Date: 29-Jun-2019 13:50) Posted:
| No.  They used to guarantee POSB deposits but gave in after botak kpkb every day |
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But with duckie' s impulse n unpredictability, he cld just reverse his circus soon enough without warnin,  n that wld be a -ve again for CPO. 
Qanghoo ( Date: 29-Jun-2019 23:48) Posted:
But that was b4 duckie did an abt turn in his antics.  Now, with China picking up import of soya again, the dynamics for CPO cld see some improvement too. 
bamboo300306 ( Date: 29-Jun-2019 23:44) Posted:
https://www.thestar.com.my/business/business-news/2019/06/29/cpo-to-extend-bearish-trend-on-subdued-demand/
Unless there is buyout, for short term, I will try to avoid. Better to wait for the sky to clear. That is what I would do. |
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But that was b4 duckie did an abt turn in his antics.  Now, with China picking up import of soya again, the dynamics for CPO cld see some improvement too. 
bamboo300306 ( Date: 29-Jun-2019 23:44) Posted:
https://www.thestar.com.my/business/business-news/2019/06/29/cpo-to-extend-bearish-trend-on-subdued-demand/
Unless there is buyout, for short term, I will try to avoid. Better to wait for the sky to clear. That is what I would do. |
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8 professional day-trading shortists more likely. 
Trader130 ( Date: 29-Jun-2019 19:10) Posted:
🤣 so free ah Uncle ? All the 8 uncles CEO companies? 
AhLiang ( Date: 29-Jun-2019 06:17) Posted:
| When there are more than one BB, it is more difficult to play. I know of a coffeeshop shortist Ah Seng BB group consisting about 8 members who meet daily to short. But I am not one of them |
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No.  They used to guarantee POSB deposits but gave in after botak kpkb every day.
investshare ( Date: 29-Jun-2019 12:58) Posted:
Bank deposit guaranteed by government?
Qanghoo ( Date: 29-Jun-2019 12:05) Posted:
| My bks, more consumer choice n freedom, more competition, more risk taking.  One day, new bks all up in the air then old uncles n aunties suffer greater debacle than hyflux.  How? |
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My bks, more consumer choice n freedom, more competition, more risk taking.  One day, new bks all up in the air then old uncles n aunties suffer greater debacle than hyflux.  How?
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So, are we reinventing the wheel n why?
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No need watch lah.  Tmr probably knee-jerk reaction all three local bks kena heavily shorted liao.  DYODD though.  For me one key qn though - how many will move their savings from the three rock solid bks (most notably DBS, including POSB) to an online bk, especially if it has no track record.  With the benefit of hindsight of recent hard times, even coys like Hyflux are now on end-stage life support. 
Sin_Cos_Tan ( Date: 29-Jun-2019 09:17) Posted:
Singapore to issue up to 5 licences to digital banks in liberalisation push
http://www.businesstimes.com.sg/banking-finance/singapore-to-issue-up-to-5-licences-to-virtual-banks-in-liberalisation-push
Singapore - a heavily banked country - has already seen several of the traditional banks here investing heavily in digital capabilities in recent times.
The local banks are also fairly well-entrenched, with Singapore' s top three banks estimated to hold a combined market share of just over 50 per cent.
The market will watch if virtual banks - with their nimbleness but a much smaller asset base - will be able to wrest market share from the big guns here. 
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HLF is at least 22% deemed to be owned by Hong Leong Investment Holdings.  Not all directors of HLIH are SC.
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Look at the following requirement.  Is there any doubt if HLF meets it, apart from anything else which might impact its chances of being granted a dfb licence.  My guess is HLF might not even apply. 
Companies headquartered in Singapore and controlled by Singaporeans will be able to apply for digital full bank licences.
helloisme ( Date: 28-Jun-2019 22:46) Posted:
The Monetary Authority of Singapore will  issue up to five new digital bank licences, which will be extended to non-bank players, it was announced on Jun 28, 2019.
This is in addition to any digital banks that may be  established by Singapore banking groups under the existing internet banking framework that was introduced in 2000.
There will also be up to three digital wholesale bank licences, which will allow licensees &ldquo to serve SMEs (small and medium-sized enterprises) and other non-retail segments&rdquo
Companies headquartered in Singapore and controlled by Singaporeans will be able to apply for digital full bank licences.
Foreign companies who wish to apply must form a joint venture with a Singapore company, the authority  added. The joint venture must meet the headquarter and control requirements. Digital wholesale bank licences are open to all companies.
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Does it meet the following requirement :
Companies headquartered in Singapore and controlled by Singaporeans will be able to apply for digital full bank licences.
helloisme ( Date: 28-Jun-2019 22:54) Posted:
The Monetary Authority of Singapore will  issue up to five new digital bank licences, which will be extended to non-bank players, it was announced on Jun 28, 2019.
This is in addition to any digital banks that may be  established by Singapore banking groups under the existing internet banking framework that was introduced in 2000.
There will also be up to three digital wholesale bank licences, which will allow licensees & ldquo to serve SMEs (small and medium-sized enterprises) and other non-retail segments& rdquo
Companies headquartered in Singapore and controlled by Singaporeans will be able to apply for digital full bank licences.
Foreign companies who wish to apply must form a joint venture with a Singapore company, the authority  added. The joint venture must meet the headquarter and control requirements. Digital wholesale bank licences are open to all companies. |
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If u think so, it' s ur call.  But I' ll say never here. 
lingua101 ( Date: 28-Jun-2019 16:05) Posted:
why u say never happen?
never say never.....
Qanghoo ( Date: 28-Jun-2019 16:04) Posted:
| The way SIA share px has been going down, tells a story in itself.  I wldn' t be so condescending |
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The way SIA share px has been going down, tells a story in itself.  I wldn' t be so condescending.
Qanghoo ( Date: 28-Jun-2019 15:55) Posted:
Will never happen.
lingua101 ( Date: 28-Jun-2019 15:38) Posted:
maybe SIA will makan MAS and become one again?
9.20 is a good price to enter |
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Will never happen.
lingua101 ( Date: 28-Jun-2019 15:38) Posted:
maybe SIA will makan MAS and become one again?
9.20 is a good price to enter?
john_ric ( Date: 28-Jun-2019 11:12) Posted:
| omg. market dont like the idea sia |
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Doesn' t appear to me that any of these things are happening right now .......
ToeNeedTang ( Date: 27-Jun-2019 17:30) Posted:
When u see a substantial amt of pennies start running at absurd levels
When u see ppl posting close eyes just buy with BIG FONTs
When u see ppl proclaiming profits always in their pockets
BE WARY !
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Will it go back to 5 or 7 (or even higher) one fine day?  To my mind, it just might if the oil rig orders start flowing in again n the utility business grows even further. 
halleluyah ( Date: 27-Jun-2019 17:25) Posted:
yeah...put inside safe box n lock it.....
moron101 ( Date: 27-Jun-2019 17:22) Posted:
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Maybe already over n abt to undress in full public view liao.  Seriously, though, I I' ve been told quite a lot funds already closed their bks.  In anticipation of this, I sold my SIA earlier (at better px than today) n not wait until the last moment. 
easywin ( Date: 27-Jun-2019 12:08) Posted:
| Half yearly window dressing coming soon. |
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Shortists gonna have a lot of fun?
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