*Official* General Market Chit Chat Thread - Part 2

[strangerjun]

Interesting, i be comparing 3 persons ta tml morning. 2 persons say thaibev will drop, 1 person say will rise in another forum.

Sent from Xiaomi REDMI NOTE 3 using GAGT

Different time frames got different pictures. Even at same time frame, different people will see the picture differently. That is why it is an art.

Please sic who say will rise.

 

[Android user]

Different time frames got different pictures. Even at same time frame, different people will see the picture differently. That is why it is an art.

Please sic who say will rise.

If he blog i will put in, as he use real name.

Sent from Xiaomi REDMI NOTE 3 using GAGT

 

[Perisher]

SINGAPORE: TPG Telecom will be Singapore's fourth, and newest, mobile operator, after a successfully bid for the spectrum needed to launch mobile services here, the Infocomm Media Development Authority said on Wednesday (Dec 14).

It made the winning bid of S$105 million for the spectrum on offer, IMDA added.

Both companies were last month assessed to be a pre-qualified candidate for the New Entrant Spectrum Auction (NESA), which is the first phase to facilitate the entry of a possible fourth telco and only open to those who do not currently operate a nationwide mobile network in Singapore.

In an earlier report, it was said that the potential new mobile operator will get to pay less for the airwaves reserved, from the proposed S$40 million to S$35 million, primarily because of the changed composition of spectrum bands. The 700 MHz has been removed due to uncertainty over the switch over date from analog TV transmission to digital.

The spectrum rights will commence in April 2017, meaning that would be the earliest theoretical start for the new telco.

The then-Infocomm Development Authority of Singapore (IDA) said it will allow a reasonable period for the new mobile network operator (MNO) to build up its own network, and that the telco must achieve nationwide outdoor service coverage by October 2018.

- CNA/kk

http://www.channelnewsasia.com/news...-singapore-s-4th-telco/3366720.html?cid=fbcna

Lai liao.

 

[HerbalTeaSeller]

If you are fund manager, what kind of car would your drive?

 

[Perisher]

Fed raises rates, sees faster pace of increases in 2017
http://www.reuters.com/article/us-usa-fed-idUSKBN1430G4

The U.S. Federal Reserve raised interest rates by a quarter point on Wednesday and signaled a faster pace of increases in 2017 as the Trump administration takes over with promises to boost growth through tax cuts, spending and deregulation.

The rate increase, regarded as a virtual certainty by financial markets in the wake of a string of generally strong economic reports, raised the target federal funds rate 25 basis points to between 0.50 percent and 0.75 percent.

"In view of realized and expected labor market conditions and inflation, the committee decided to raise the target range," the central bank's policy-setting committee said in its unanimous statement after a two-day meeting.

 

[Aventad0r]

Tomorrow pick up REITs?

 

[Perisher]

About time for another fall after STI nearly breaking 3000.
Then again, good for banks.

US market finally moving downwards. DOW drops a 130pts at this moment.

 

[Perisher]

And with that, USD chiong to 1.437, nearly 1%. Do nothing wealth also increase.
Long USD.

 

[Mr.Canberra]

And with that, USD chiong to 1.437, nearly 1%. Do nothing wealth also increase.
Long USD.

Enjoy the USD rally while it lasts. Technical correction should come in the coming weeks.

Not say I long winded. Since months ago I keep encouraging others to hold more USD and less SGD to increase purchasing power and for arbitrage. Today's show down is the result.

I go Johor Bahru use USD to change MYR even more song than using SGD to change hahaha.

CNY is also another under rated currency.

 

[chopra]

Most ppl have poor understanding of small gradual rate hike..

 

[Dividends Warrior]

Tomorrow pick up REITs?

These are my *** for 2 tranches each.

Suntec: 1st tranche - $1.65 2nd tranche - $1.60

CCT: 1st tranche - $1.52 2nd tranche - $1.47

FCT: 1st tranche - $1.90 2nd tranche - $1.86

Target fire these 3 REITs below NAV should give me a larger margin of safety. Good luck everyone! Please DYODD.

 

[Daimon]

Collapse of STI starts now

 

[Dividends Warrior]

Collapse of STI starts now

STI already collapsed from its high to 2500 this year.

 

[havetheveryfun]

And with that, USD chiong to 1.437, nearly 1%. Do nothing wealth also increase.
Long USD.

drop back to 1.44 already, so fast

 

[chopra]

Collapse of STI starts now

Next yr will be the 10th yr anniversary of sti all time high.

Hence i put in 360smartsaveruob1

 

[5star_pundit]

Jialat liao yesterday USA Federal Reserve raises key interest rate by 1/4 %

Today sg bourse will be all RED

 

[Wood41]

Banks & Singtel collapsing later ?
Otherwise a dip .

Collapse of STI starts now

 

[limster]

Jialat liao yesterday USA Federal Reserve raises key interest rate by 1/4 %

Seriously, you mean you thought they wouldn't raise? Most people expected the hike and will act accordingly. For example, most people were saving their warchest to buy REITS after this hike.

I will also start queuing for REITS. Queue for CCT if under $1.50, Maybe ART as well for their foreign holdings

 

[Daimon]

Banks & Singtel collapsing later ?
Otherwise a dip .

Dip. Unless fed is real

 

[starfish.starfish]

No one here has a crystal ball for 2017.
If scared, sell
If excited, buy
If lazy, do nothing...