Sunday, 30 March 2008
Top 10: Ways To Attract Ah Biee Fast
Always say i don't write about you, nah this is for you!!!
- From AskMen.com
Figure out where your power comes from
Have you ever asked yourself where your own personal power is based? Take a sec and ask yourself: Is your competition with other men based in a powerful, masculine and secure maturity? Or is it based in a weak, insecure and over-compensating immaturity? Do you respect mature men and treat them as worthy allies (or adversaries) or do you secretly harbor thoughts of superiority? Is your ability to persuade based on whining, tyranny and tantrums? Or is it based on credibility, authenticity and wisdom? Take a few minutes and figure out if your personal power is rooted in scarcity or abundance, then practice living your life from a place of mature, masculine power. This is great for your life, plus you get the added bonus of attracting women fast.Saturday, 29 March 2008
Olam Updates
SINGAPORE, March 28 - Singapore commodities firm Olam International said on Friday it aimed to raise up to S$307 million ($222.3 million) in a preferential offering of 155.6 million new shares to investors.
The offer price of S$1.97 is at a discount of 4.8 percent to Olam's last traded stock price of S$2.07, with one new share offered per 10 existing shares held.
Olam said in a statement the proceeds would be used to finance investments, joint ventures, mergers and acquisitions, as well as to discharge or reduce certain bank borrowings and loans.
The move comes after a Merrill Lynch downgrade sparked a sell-off in Olam shares pulling them down by about 14 percent on Wednesday -- their biggest single-day fall ever.
Olam shares were suspended from trade on Friday.
Merrill Lynch issued a research report dated March 25 that advised investors to sell Olam shares, citing the agricultural commodities supplier's high 460 percent net gearing as unsustainable.
A week earlier Olam shares had taken another plunge, falling 12.6 percent on March 19, amid market talk that Olam has exposure to MF Global, the world's largest broker of exchange-listed futures and options, whose shares have been hit by speculation over liquidity problems.
Olam, however, said MF Global accounted for less than 3 percent of all of its hedging activities.
Capitaland Updates
SINGAPORE - Singapore's CapitaLand Ltd, the biggest property developer in Southeast Asia, said Thursday it will develop a residential project in Vietnam's Ho Chi Minh city in partnership with Thien Duc Co Ltd, a privately-owned property investment company.
CapitaLand said the project, which will involve building a 28-story condominium comprising about 1,400 apartments, as well as commercial and retail space on the 6.7-hectare site, would cost 500 million US dolalrs.
The company expects to launch the first phase of the project in the second quarter of 2009.
CapitaLand, through unit CapitaLand (Vietnam) Holdings, will have a 60 percent stake in the joint venture, while Thien Duc will own the remaining 40 percent, it said.
Thien Duc is a shareholder in CapitaLand's 273-unit residential condominium project called 'The Vista' in the same city.
Ezra Updates
Ezra Holdings won new and renewal charter contracts worth US$77.6 million for seven offshore support and construction vessels. The charters are for periods as long as three years, excluding options for extensions.
The contracts cover the charters for five anchor handling tug supply vessels (AHTSs), 18,000-bhp Lewek Toucan, 12,240-bhp Lewek Swift, 10,000-bhp Lewek Emerald, 7,200-bhp Lewek Mallard and 5,000-bhp Lewek Ebony, as well as 4,900-bhp anchor handling tug Lewek Robin and heavy lift accommodation crane barge Lewek Chancellor.Lewek Swift and Lewek Emerald are granted extensions on their current charters with Shell in Australia. Lewek Mallard is working for Newfield and Nippon Oil offshore Malaysia. Lewek Toucan is believed to be contracted to Shell supporting semisubmersible Atwood Falcon, while Lewek Ebony and Lewek Robin will be chartered to work for undisclosed operators. Lewek Chancellor is understood to be heading to India to work for an undisclosed operator.
Target Price - 29th March 2008
Yanlord 3.3
SembCorp Marine 4.50
Olam Cut Loss at 2.30
Raffles Education 1.60
Golden Agriculture 1.50
**Shortlist - OCBC, KS Energy, Swiber, Parkway Holdings, and (more) Capitaland
Tuesday, 18 March 2008
Stagnation?
Answer: A condition of slow economic growth and relatively high unemployment - a time of stagnation - accompanied by a rise in prices, or inflation.
Stagflation occurs when the economy isn't growing but prices are, which is not a good situation for a country to be in. This happened to a great extent during the 1970s, when world oil prices rose dramatically, fueling sharp inflation in developed countries. For these countries, including the U.S., stagnation increased the inflationary effects.
Another Post
Things I want to do for the next 12 months:
Wish List:
1- Option Trading (US Market)
2- Take up Thai language
3- Cable ski every 2 weeks
4- Learn advanced cooking
5- CCNP
6- Bring Mdm Lim to holiday?
7- Backpack to Australia for 2 weeks - 1 month on a lorrey or van (though it's highly impossible)
Things to avoid:
1- Office politics
2- Sleeping too much
3- Talk too much
4- No clubbing
5- No quarrel with Mdm Lim/Ah Biee
Good night... :)
Monday, 17 March 2008
Bye Bye SingTel
I am back again after 3 weeks i guess?
hmzz Was really busy for the past 3 weeks because of work, and also i wouldn't dare to look at my portfilo and STI are looking at a 2660 points support which I strongly believe there are more downside than upside after Bear Stearns takeover by JP Morgan, there will be more to come and to readers with bullets around, go for good fundementals blue stock - NOW!!!
I have decided to sell SingTel and buy in more Yanlord.
In normal cases I would not average down (after my first investment lesson with Ezra), however, I learned something from what I read and put in practise now - sell away your stock when you know where to invest your money to your next stock with good prospect and below intristic value -I am looking for the next "multi-baggers"!!!
I saw a quote today which is very interesting:
Time Is Of The Essence
To be successful, you need leisure. You need time hanging heavily on your hands.
George Soros
I have time now and I will fully make full use of my time.
Good bye SingTel, but i dont love you :~
Well, coming to work, learned many interesting (and finally some useful) stuff for the past 2 weeks about lighting and music/sound system, Okay music does not mean DJ-ing but at least I know what does good sound system means and those old ah peks at alphine can stop dreaming of cheating my hard earned money to buy your poor lousy sound systems.
Another part is lighting - what is the world without light? I learned the different types of lights used in our everyday home and what is a transformer for and of course "voltage", sounds very physicals right? hehe I learned that only doing things and events with passion and love then you will bring value out of it. Hard work does not guarantee success, but for every successful man and woman out there, they have put in trendmendeous amount of hardwork, sleepless night and effort for their work, and I will cross my fingers that I will be able to make it for the next 18 months starting from April :)
Whenever I am alone working or feeling down I will always go to YouTube and look for this guy call Nick Vujicic, he is a man without limbs since young because of some weird illness which cannot be explain. And I will stand in front of the mirror and look back at myself again only to know how fortunate am I that Mdm Lim (it's my Mom by the way) that she gave birth to a healthy son with a decent job and a decent life. I would have commit sucide if I were Nick but guess what, Nick went on to become a motivation speaker and he learned about investment and is a good options trader making decent money out of it and he has a degree as well. He is the sort of insipiration which I really look out for, so for readers who complain life sucks etc perhaps we can learn something from this amazing "giant of man"...