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famouspinky Supreme	24-Feb-2019 21:43        famouspinky About Contact  Quote this Post!
x 0   x 0  Alert Admin	Why go for pennies if there's blue chips like ur good looking properties? Goldfinger      ( Date: 24-Feb-2019 17:56) Posted: The game will all Be in BestWorld Monday. Can Focus all your short energies there.
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Goldfinger Supreme	24-Feb-2019 17:56        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	The game will all Be in BestWorld Monday. Can Focus all your short energies there.
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famouspinky Supreme	24-Feb-2019 17:48        famouspinky About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ang ang Starship      ( Date: 23-Feb-2019 17:49) Posted: Markets to cheong on Monday? ................................. Trump predicts ' very good chance' of China trade deal 2 hrs ago President Donald Trump expressed optimism on a trade deal with China, after meeting with Chinese Vice Premier Liu He in the Oval Office on Friday afternoon. " I think we both feel there' s a very good chance the deal will happen," Trump said, adding that the group of negotiators has " been making a lot of progress." Trump said he plans to meet with President Xi Jinping to work out the final details of a deal " fairly soon," and those conversations are likely to take place at Mar-a-Lago next month. Treasury Secretary Steven Mnuchin noted that Liu He and his team had agreed to extend their trip for an additional two days as negotiations continue ahead of the March 1 deadline. The vice premier expressed similar optimism, saying through a translator, " We believe that it is very likely that it will happen and we hope that ... we' ll have a deal. ... The Chinese side is ready to make our ultimate effort." " If I see progress being made, substantial progress being made, it would not be inappropriate to extend that deadline," Trump said, suggesting that he " would be inclined" to allow up to a month longer for negotiations. https://www.msn.com/en-us/news/world/trump-predicts-very-good-chance-of-china-trade-deal/ar-BBTXHYs
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Starship Supreme	23-Feb-2019 17:49        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	Markets to cheong on Monday? ................................. Trump predicts ' very good chance' of China trade deal 2 hrs ago President Donald Trump expressed optimism on a trade deal with China, after meeting with Chinese Vice Premier Liu He in the Oval Office on Friday afternoon. " I think we both feel there' s a very good chance the deal will happen," Trump said, adding that the group of negotiators has " been making a lot of progress." Trump said he plans to meet with President Xi Jinping to work out the final details of a deal " fairly soon," and those conversations are likely to take place at Mar-a-Lago next month. Treasury Secretary Steven Mnuchin noted that Liu He and his team had agreed to extend their trip for an additional two days as negotiations continue ahead of the March 1 deadline. The vice premier expressed similar optimism, saying through a translator, " We believe that it is very likely that it will happen and we hope that ... we' ll have a deal. ... The Chinese side is ready to make our ultimate effort." " If I see progress being made, substantial progress being made, it would not be inappropriate to extend that deadline," Trump said, suggesting that he " would be inclined" to allow up to a month longer for negotiations. https://www.msn.com/en-us/news/world/trump-predicts-very-good-chance-of-china-trade-deal/ar-BBTXHYs
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Qanghoo Supreme	23-Feb-2019 11:21        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	" Tis something lingering on my mind for a long time.  Is the remisier really bsolete?  There must be many retailers out there who hold a fulltime day office job.  If they don' t have a remisier, they can only make use of the office computer to place an online order?  Is this legal, not to mention that in the public sector (as I understand it) personal internet access on office computers have already been disabled?  So, next thing is use a mobile device.  But is this ' stealing' too much office time n/or creating too much distraction from work?  One may argue that calling remisiers is also a ' sin' .  But this latter has been in practice since day one n arguably is less distractive n takes up less office time than having a mobile device in one' s hand.  So, can the remisier be completely dispensed with?  I don' t know. CheeryVGoh      ( Date: 23-Feb-2019 11:05) Posted: The Dodo bird is a long extinct flightless bird..... meaning property agents, remisers might go the dinosaur way, as they are other options e.g. DIY buying / selling, online trading, etc. ysh2006      ( Date: 23-Feb-2019 07:40) Posted: What is a Dodo bird ? Can enlighten please ?
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CheeryVGoh Supreme	23-Feb-2019 11:05        CheeryVGoh About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	The Dodo bird is a long extinct flightless bird..... meaning property agents, remisers might go the dinosaur way, as they are other options e.g. DIY buying / selling, online trading, etc. ysh2006      ( Date: 23-Feb-2019 07:40) Posted: What is a Dodo bird ? Can enlighten please ?
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ysh2006 Supreme	23-Feb-2019 07:40        ysh2006 About Contact  Quote this Post!
x 0   x 0  Alert Admin	What is a Dodo bird ? Can enlighten please ?
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Starship Supreme	22-Feb-2019 18:04        Starship About Contact  Quote this Post!
x 0   x 1  Alert Admin	IMHO, remisiers, insurance agents and property agents should have gone the way of the Dodo Bird a decade ago.............. 2/21/2019 DBS drops bombshell on remisiersYesterday Business Times asked DBS if it was planning to close down its stockbroking arm. DBS replied that it would hold a townhall meeting with the remisiers on its restructuring plan. Last night the DBSVickers remisiers were told that they could not continue with their stockbroking business and the bank would explore ways to redeploy them based on their qualifications and experience as well as age, subject to the bank' s policy on hiring older employees, market practices and MOM regulations on retirement age. Their businesses and clients will be taken over by the bank. Many remisiers were in shock and disbelief with this bombshell coming immediately after the Chinese New Year festivities.  Many have spent 20 or more years with the DBSVickers. With many remisiers quite senior in age and having been in the stockbroking business most of their lives, it is unlikely that they could find suitable jobs with the bank with comparable income. The younger remisiers are very concerned as they have young children to feed and their livelihood is likely to be adversely affected, rice bowl broken. The remisiers are now pondering over their next move over this financial crisis in their lives. With the difficulties in finding another job, the older remisiers can forget about this option and join the statistics as retirees and not add to the list of the unemployed. The situation for the younger remisiers is just as bleak unless the bank could find them alternative employment with equivalent income. This is looking like a fire that has just started in the industry and the fear is that other banks or broking houses could follow suit and the problem could spiral into something beyond recognition. The coming GE could have another hot issue to blow hot and cold about. Hard times are here for the stockbroking industry, the remisiers and supporting staff. How would this add to the pool of the unemployed PMETs in Singapore? Wonder what is the position of MAS and the govt with this announcement? http://mysingaporenews.blogspot.com/2019/02/dbs-drops-bombshell-on-remisiers.html
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Starship Supreme	22-Feb-2019 17:04        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	All the 3 banks threads so quiet today as traders all ran for the exits after disappointing results fm both OCBC and UOB.
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Luzern Supreme	22-Feb-2019 09:42        Luzern About Contact  Quote this Post!   Yells: "9"
x 0   x 0  Alert Admin	Looking at OCBC and UOB results.....another alarm bell just went off  for me  on DBS..........tsk tsk.
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Starship Supreme	22-Feb-2019 08:59        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bloomberg Live! TV now reporting negatively on both OCBC and UOB results as well as the road ahead for them.  In the end, DBS and Gupta are the most business savvy pair as always.
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Starship Supreme	21-Feb-2019 18:29        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	No wonder there' s a saying on Earth.........................Lol.
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Flypig Member	21-Feb-2019 18:17        Flypig About Contact  Quote this Post!
x 0   x 0  Alert Admin	Dbs will break the old lows , Singapore banks will drop . Short .
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famouspinky Supreme	21-Feb-2019 16:23        famouspinky About Contact  Quote this Post!
x 0   x 1  Alert Admin	Come on come on Actions or NaTos? Most are NAToS. Wahaha
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Starship Supreme	21-Feb-2019 15:04        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	Looks like traders in DBS, OCBC, UOB have no faith in either themselves or tomorrow' s results. All taking profits and heading for the exits...............
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investshare Supreme	21-Feb-2019 13:44        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thought ppl using online now, why still hire Remiser? Lucas4      ( Date: 21-Feb-2019 12:13) Posted: phillip securities is better. they are recriuting remiser now.
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Lucas4 Veteran	21-Feb-2019 12:13        Lucas4 About Contact  Quote this Post!
x 0   x 0  Alert Admin	phillip securities is better. they are recriuting remiser now.
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Starship Supreme	21-Feb-2019 11:50        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	Correct. DBSV has been losing retail customers bcos most chose to trade in those foreign online platforms that charge peanuts in fees and commissions.  When they called me for surveys, I complained strongly to them abt their high commissions/fees. They also have this custodian fee for each foreign counter that compels me to clock a certain number of trades otherwise need to pay huge custodian fee. Presently, they have this Cash Upfront Account which is weirdly under DBS/POSB and is separate fm the DBSV account.    s100125      ( Date: 21-Feb-2019 11:37) Posted: On the bright side , DBS management know what is best in order to keep pace with the ever changing banking environments. Luzern      ( Date: 21-Feb-2019 11:22) Posted: Depends on how everything is handled.    The resistance to change ship just got lower for  the Remisers  under the current situation.  IMO
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s100125 Elite	21-Feb-2019 11:37        s100125 About Contact  Quote this Post!
x 0   x 0  Alert Admin	On the bright side , DBS management know what is best in order to keep pace with the ever changing banking environments. Luzern      ( Date: 21-Feb-2019 11:22) Posted: Depends on how everything is handled.    The resistance to change ship just got lower for  the Remisers  under the current situation.  IMO. FATABA      ( Date: 21-Feb-2019 11:07) Posted: Since the take over of VB by DBS.....it was only a matter or time for DBS to reorg n cut cost on this securities arm ( it came later then I tot) ......Some brokers there wld b affected ...for sure esp the older one unfortunately. Fm the bank, it is positive with this consolidation.  ( those jump ship etc is small to the whole operation )
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Luzern Supreme	21-Feb-2019 11:22        Luzern About Contact  Quote this Post!   Yells: "9"
x 0   x 0  Alert Admin	Depends on how everything is handled.    The resistance to change ship just got lower for  the Remisers  under the current situation.  IMO. FATABA      ( Date: 21-Feb-2019 11:07) Posted: Since the take over of VB by DBS.....it was only a matter or time for DBS to reorg n cut cost on this securities arm ( it came later then I tot) ......Some brokers there wld b affected ...for sure esp the older one unfortunately. Fm the bank, it is positive with this consolidation.  ( those jump ship etc is small to the whole operation )   Flypig      ( Date: 21-Feb-2019 07:45) Posted: What happened in the town hall.  Today&rsquo s meeting with DBS bank CBG head Jeremy Soo was full of anger and sense of betrayal by the Remisiers of DBSV   the meeting was planned in advance, but the nonchalant attitude and the arrogance of the DBS management can be seen by the fact that no details were available during the dialogue session and the CBG head deflected stinging questions by using the often quoted reply of &ldquo the bank together with the HR department with address the issue with the party concerned according to our HR policies&rdquo ...    The meeting begun with accolades of DBS bank&rdquo s 2018 awards plastered all over the projector screen in the auditorium. That was the only slide shown throughout the dialogue session. Give me a break, talk about self promotion!   This was met with much distain and disgust by the attendees who feel that the bank simply was not interested in involving them. The feeling was that the meeting was called to announce the imperial edict.    Attendees questioned why MR Soo had never set foot in DBSV for years only to break bad news to them when meeting them today for the 1st time since taking over for years. Sense of betrayal and anger as DBS bank has no details on redeployment of staff and to TRs above age 62. Questions were met with ...the bank together with HR...&rdquo Questions about systematic attempts by bank to undermine the Remisiers businesses were not addressed. For examples , DBSV Remisiers cannot do bonds and placements as these under the accredited investors regime will be handled by the bank.  No answers were available as to how and what will happen to the tens of thousands of trading accounts that does not fall under the wealth management platform of private banking and treasures banking.  Remisiers who has 20-30 years of relationships with the bank and clients were disappointed that they were simply informed of the restructuring instead of being allowed to participate in the process  Some questioned why the bank has systemically withheld products from Remisiers on the DBSV platform while they are available on the banks wealth management side    To sum up , the bank in its pursuit of more profits has chosen to put its agents and clients  concerns aside .   With 200 Remisiers jobs at stake, the already anemic equity market will quieter
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