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(Post 4751 of 15224) 11/25/2003.04:08:13 |
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Get the knives out for the Turkeys. |
| (Post 4752 of 15224) 11/25/2003.06:35:23 |
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A pity Singapore bourse is close today...  Have not seen such a strong and sustained session for the DOW for a long long time.  One more good close at US... And our market will take a big leap to play catch up on wednesday... this wave I believe could bring the index up to 1730. Thanksgiving for US on Thursday means that there will be one less uncertainty towards the march past 1700. Hold on tight...
That said, another terrorist strike at a significant spot can well turn everything red. But then again... even Osama needs to celebrate Hari Raya yah...?  |
| (Post 4753 of 15224) 11/25/2003.08:58:33 |
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Those who sold off in panic when the syndicates temporarily depressed the prices here are really, really... toopid 
Stocks power up again How many times have we seen newbie punters buy in bulk euphorically after seeing the market rise, then rush to panic sell - no thanks to our mercenary kateks - only to see very counters surge to new highs after selling?    |
| (Post 4754 of 15224) 11/25/2003.09:05:39 |
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The economic recovery theme is real and gaining momentum. Miss out the market at your own peril  |
| (Post 4755 of 15224) 11/25/2003.09:20:59 |
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Zombie: "Kateks die pain pain!" |
| (Post 4756 of 15224) 11/25/2003.09:26:19 |
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STI Cheong Ah...... |
| (Post 4757 of 15224) 11/25/2003.09:38:12 |
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Jos, Good on you!!! I started one day early to buy in all. Bought some more yesterday on credit line. Technical charts indicate buying in already. In fact, fund managers have quietly bought quite a bit already. |
| (Post 4758 of 15224) 11/25/2003.10:14:16 |
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lelong lelong for the past few days |
| (Post 4759 of 15224) 11/25/2003.11:32:09 |
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happy holidays folks...
looks like a sunny wednesday for us |
| (Post 4760 of 15224) 11/25/2003.14:48:51 |
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Tuesday 25 Nov 03
Tokyo's benchmark stock index rallied past the 10,000 level Tuesday morning, buoyed by strength on Wall Street and a weaker yen. Looking forward to Wednesday. hehehehe |
| (Post 4761 of 15224) 11/25/2003.17:09:25 |
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Dow futures showing signs of negative liao....
|
| (Post 4762 of 15224) 11/25/2003.20:49:17 |
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Alftan, ho say boh ?? today weather very cooling hor.. Futures have turned GREEN liao loh.. |
| (Post 4763 of 15224) 11/25/2003.21:38:39 |
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Weather too cool.. go to Channel I ... Hot Hot Hot |
| (Post 4764 of 15224) 11/25/2003.22:11:33 |
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Hi folks 
Need a little help. What are the new rules regarding audit requirements of accounts for small companies? Where can I find some information? Thanks. Found the answer (in amendments to Companies Act) * less than $2.5m revenue * less than 20 shareholders (and no corp shareholder) Section 205B – Dormant companies exempt from audit requirements Section 205C – Exempt private company exempt from audit requirements With effect from 15 May 2003, dormant companies and exempt private companies with revenues not exceeding $2.5m would be exempted from the audit requirement. However, Section 205B(6) & Section 205C(3) stipulates that any member or members holding in the aggregate not less than 5% in nominal value of a company’s issued share capital or any class of it or, if the company does not have a share capital, not less than 5% in number of the members of the company may request for an audit of the company accounts. Act itself Exempt private company exempt from audit requirements 205C. —(1) An exempt private company shall be exempt from audit requirements in respect of a financial year if its revenue in that year does not exceed the prescribed amount. (2) For a period which is an exempt private company’s financial year but is less than 12 calendar months, the prescribed amount shall be proportionately adjusted. (3) Section 205B (4), (6) and (7) shall apply, with the necessary modifications, to an exempt private company so exempt. (4) In this section — "prescribed amount" means the amount prescribed by the Minister for the purposes of this section; "revenue" has the meaning given to that word in the Accounting Standards, subject to such modifications as the Minister may prescribe. |
| (Post 4765 of 15224) 11/26/2003.05:56:16 |
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*YAWN*... Looks like its our turn to flex our muscles today. Time to play catch up.  |
| (Post 4766 of 15224) 11/26/2003.08:21:52 |
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US up - a flash in the pan. Upside limited. |
| (Post 4767 of 15224) 11/26/2003.08:44:19 |
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Short trading due to holiday in US so anything can happen! |
| (Post 4768 of 15224) 11/26/2003.09:03:18 |
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From 1650 to 1610, if it happens at all.....40pts or 2.4%. FMs locked in profits. Selling may be abating. We might juz see the capricornian effect as FMs reposition for 2004 if valuations are attractive. Now to mid-Dec might be a good time to keep a close watch. STI now at 1690. |
| (Post 4769 of 15224) 11/26/2003.09:25:25 |
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Expect stocks to be push up steeply today as US having Thanks Giving holiday. |
| (Post 4770 of 15224) 11/26/2003.09:26:31 |
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0851 [Dow Jones] Another outflow from U.S. stocks last week, says UBS; outflow $359 million, taking 4-week moving average to minus $141 million; since start of year, net U.S. flow has never been positive for more than 2 weeks in row. Money still going into continental Europe which enjoyed inflow of $94 million after $315 million previous week; 4-week moving average over $100 million for 1st time since July. Asia ex-Japan had modest outflow while Japan's outflow $36.6 million; but 4-week average for Asia still in positive territory.(RXM) |
| (Post 4771 of 15224) 11/26/2003.09:27:31 |
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0922 [Dow Jones] STI +1.4% at 1690.02 as market reacting to upbeat U.S. economic data, higher regional markets. Local trader says positive U.S. economic data improve outlook for Asian tech, outsourcing names; "the data are a great relief for a market whacked by geopolitical concerns." Resistance likely around 1695 with index not expected to take shot yet at key 1700; Chartered (C27) top STI gainer, +4.2% at $1.5 while Datacraft (D06) +4% at US$1.07. Volume 49.6 million shares with 142 gainers, 9 losers and 481 flat/untraded. (ANU) |
| (Post 4772 of 15224) 11/26/2003.09:28:44 |
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Where are all the bulls????
|
| (Post 4773 of 15224) 11/26/2003.09:30:45 |
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0925 [Dow Jones] HDD stocks up on strong updated 3Q U.S. GDP: Stocks with exposure to U.S. Seagate cheered with MMI (M29) +3.1% at 33.5 cents on 277,000 shares, Seksun (S03) +3.5% at $1.20 on 235,000 shares, Beyonics (B09) +1.8% at 28 cents on 587,000 shares; those with strong U.S. Maxtor exposure also perky with Jurong Tech (J09) +2.8% at $1.09 on 619,000, Brilliant (B01) +3.4% at 60.5 cents on 450,000 shares. HDD stocks among big losers in recent penny stock correction; "some are looking cheap after coming off 20-30 per cent from their October highs," says trader. (EYG) |
| (Post 4774 of 15224) 11/26/2003.09:32:44 |
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0818 [Dow Jones] With GDP growth solid in Asia, earnings revisions going up, question is if there's enough liquidity, says Citigroup; its view is Asian stocks not in trouble, for 4 reasons: Slowing U.S. money growth likely short-lived, Fed's easing stance still unequivocal, U.S. free liquidity has long lead over Asia stocks, Asian free liquidity rising. Country liquidity scorecards supportive in most places. Sticks to view Asia stocks have 15-20% upside; "the last phase of reflation rallies is usually very strong even if some indicators look toppish."(RXM) |
| (Post 4775 of 15224) 11/26/2003.09:39:04 |
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volume seem light, investors still cautious |
| (Post 4776 of 15224) 11/26/2003.09:41:07 |
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Punters very cautious but this is probably the start for the large upside. No pain no gain. |
| (Post 4777 of 15224) 11/26/2003.09:50:40 |
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78 and 82 buying tech |
| (Post 4778 of 15224) 11/26/2003.09:51:52 |
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work out your own high beta menu.
link.... "Market Wizdom" 20/11/03 |
| (Post 4779 of 15224) 11/26/2003.09:55:10 |
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STI cheong ahhh!!!  |
| (Post 4780 of 15224) 11/26/2003.10:00:49 |
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Market will certainly be positive for the next 3 days. So punters go for it with confidence. |
| (Post 4781 of 15224) 11/26/2003.10:36:26 |
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buy low sell high...do not be greedy..take profit if you can...but if have holding power, think can hold as US market seems ok.. |
| (Post 4782 of 15224) 11/26/2003.10:36:40 |
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The best scenario would be if Blue chips upside capped and tech broadbased recovery to continue. |
| (Post 4783 of 15224) 11/26/2003.10:47:37 |
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Only 3 more points to 1700!! |
| (Post 4784 of 15224) 11/26/2003.10:53:38 |
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Now most ppl still holding back because 1702 is supposed to be resistance. But once it breaks above, more ppl will come in otherwise they will miss the boat. CHEONG AH!! |
| (Post 4785 of 15224) 11/26/2003.11:01:08 |
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Do not worry, market has 2 days to push past the 1702 mark. This is going to be a super week. Forget about terrorist, they come and go. Also in China, SARS is almost forgotten - people flocks to super markets, electronic markets, food outlets, causing human trafiic jams..etc. |
| (Post 4786 of 15224) 11/26/2003.11:03:46 |
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buy when market is down not up...remember buy low sell high..if want to buy up, then a gamble...may or may not pay off...good luck for those who buy up...but seems chances of winning still good...though not 100%...market will come down again for you to pick bargain...so do not be tempt to buy high |
| (Post 4787 of 15224) 11/26/2003.11:10:41 |
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stupid danger of new SARS case always there...hope nothing serious and false alarm...else will affect sentiment..so trade with cautious and buy only have holding power
[Dow Jones] Cool weather likely to bring with it spate of SARS scares, with Japanese man who flew in from mainland China now hospitalized with fever, being tested for SARS, among other things; have been recent false alarms, no new SARS cases since Asia outbreak brought under control earlier in year. Markets unlikely to react unless a case is actually confirmed, plus most countries better prepared to handle any new outbreak.(RXM) |
| (Post 4788 of 15224) 11/26/2003.11:13:57 |
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Johnnyned, Nikkei broken 10,000, Nasdaq broken 1900, what are u waiting ? Christmas ??? |
| (Post 4789 of 15224) 11/26/2003.11:17:39 |
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Johnnyned is most probably a covered katek quaking in this pants
As are most other kateks... waiting for a futile shot this month to cover back low |
| (Post 4790 of 15224) 11/26/2003.11:21:51 |
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Last week plenty of time to kateks but not this week as all indicators positive. |
| (Post 4791 of 15224) 11/26/2003.11:25:02 |
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cheong ahh!! kill all katak ah! |
| (Post 4792 of 15224) 11/26/2003.11:26:39 |
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Kateks die pain! pain!
Hello McCool  and the rest of the katek-killers |
| (Post 4793 of 15224) 11/26/2003.11:28:41 |
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There will be another push in the afternoon. Volume slowly but surely increasing - very healthy. |
| (Post 4794 of 15224) 11/26/2003.11:29:32 |
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Looking at the volume, it is still quite low
There will still be strong volatility, be careful Cheers  |
| (Post 4795 of 15224) 11/26/2003.11:29:50 |
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Mkt scared to hurdle above 1702. Perhaps gotta wait for US mkts tonight as there are so many figs. But with strong buying of blue chips stocks in our mkt, its a sign that funds are coming in or short covering (esp. DBS). If they continue this, small caps will also cheong. Recent falls have flushed out lots of weak bulls. |
| (Post 4796 of 15224) 11/26/2003.11:40:17 |
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my turn to smoke out ... not a guru not one abou to self proclaim hahah
ok buy some today about 50-60% of cash and then wait lor if tonight drop fine buy tomorrow avg down if tonight up laggi good wait for initial panik cover then when ease a little buy a little more avg up?? 
Expect positive closing tomorrow and then some profit taking on friday before US open. if US remains positive we continue to be bouyant next week but not for long so best to accumulate little this round for a short play into next week, selling little by little in each push. Rebound abit too soon?? probably a technical rebound after all the selling so we have a relief rally?? therefore it maybe capped at 1750?? if pushed thru don't sell lor if touch and starts to fall sell into weakness lor .... And then stay out until after x-mas or new yr, now probably funds doing some switching into safer less volatile bluechip stocks locking in profit and safeguarding their gains and exposure for yr end bonuses
So how's my take?? got kangtang or not?? |
| (Post 4797 of 15224) 11/26/2003.11:51:21 |
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It does not really matters if the index is up or down. The blue chips up is quite artificial and would not last anyway. It is more important for stocks to move up broadbased wise.
If the commoner is rich and the country is rich very good but if the commoner is poor the country rich it would not be too good. |
| (Post 4798 of 15224) 11/26/2003.11:53:20 |
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LimandChan >>> Author : Limandchan | Date : 21-Nov-03 04:56pm | Message Number : 4683
Why so much smoke anybody smoking? No smoking ok bad for your health. STI Direction Author : Limandchan | Date : 21-Nov-03 04:51pm | Message Number : 4681 too bad then but i still got some from ppl who run around without their chicken head. Sometimes we just need the confident of what you buy or sell and stick to it.If you Chase the market some day you maybe CHASE out of the market good day. Buy from you next time... STI Direction Author : Limandchan | Date : 24-Nov-03 10:43am | Message Number : 4710 You scare I scare Everybody also Scare. No buy No sell STI Direction Author : Limandchan | Date : 21-Nov-03 04:40pm | Message Number : 4677 I love to buy at a discount from you and sell to you when you are keen to buy again... |
| (Post 4799 of 15224) 11/26/2003.12:53:52 |
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LimandChan go where |
| (Post 4800 of 15224) 11/26/2003.13:50:12 |
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DJ MARKET TALK/SG: Singapore Oct Indus Output Solid, +19.3%
26 November 2003, 13:05 [Dow Jones] Singapore industrial output climbs for 3rd straight month in October, +19.3% vs +6.2% in September - yet another sign economy powering ahead after stronger-than-expected 3Q. Growth driven by stronger biomedical and electronics sectors; biomedical output up hefty 150.9% vs +11.2%, thanks to pharmaceuticals. Electronics output +12.7% vs +10.9%, while chemicals output +4.4% vs +8.6%. Data come as Singapore looks to 0.5%-1% GDP growth this year. (ALP) |
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