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nova900

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Is there a particular reason why you think it will not?

From what news site are reporting, this is not the first time they claim to take steps to stabilize the market. However their actions seem to be producing record amounts of oil further causing the oil price to go down.

I vested in some O&G counters though hoping oil price can recover.
 

OngHuatHuat

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Fu Yu ex date is Thursday.

Wednesday ~~~

Ex-Div – KSH Holdings (SGD 0.003 + SGD 0.0125)
Ex-Div - Fu Yu Corporation (SGD 0.0025)
Ex-Div - Fischer Tech Ltd (SGD 0.02)
Ex-Entitlement - Datapulse Technology Limited (Share conso offer 1 for 3)
Ex-Entitlement - Darco Water Technologies Ltd (Share conso offer 1 for 20)

SG – GDP (% y/y) (8:00AM)
SG – GDP - saar (% q/q) (8:00AM)
 

ValueInvestor

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Q2 we had a dip in GDP, got a few siao lang keep saying Q3 we going into recession.......... better to sell all stocks and hug cash/gold

i said cannot like that see one, where got so easy go into recession wor

stay calm and collect dividends, this is not a second global financial crisis



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Singapore 3Q GDP up 1.9%; 2015 growth trimmed to 'close to 2%'
By Benjamin Tan / theedgemarkets.com | November 25, 2015 : 8:35 AM MYT
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SINGAPORE (Nov 25): Singapore has Iaverted a technical recession in 3Q2015, owing to a stronger-than-expected performance by the services sector.

The government's growth forecast for the full year, however, has been trimmed to "close to 2%", compared with its earlier projection of 2-2.5%.

On a seasonally adjusted, annualised basis, the economy grew 1.9% q-o-q, reversing from 2Q's 2.6% contraction, the Ministry of Trade and Industry says on Wednesday. This compares an earlier flash estimate of a 0.1% expansion.

Compared with a year earlier, the economy grew a better-than-expected 1.9% in 3Q. This was slightly higher than an earlier estimate of 1.4%.

Growth was supported mainly by services industries, given the faltering manufacturing sector which contracted 6.2% over the same quarter a year ago.

The economy is forecast to expand by between 1% and 3% in 2016. While global growth is expected to improve next year as developed economies such as the US and Euro zone continue to pick up pace, MTI says, this might not translate into a significant lift for Singapore and its regional neighbours. China's waning growth, the services-driven nature of US growth, and the trend of in-sourcing in China and the US are likely to dampen external demand for Singapore's exports.
 

ValueInvestor

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http://www.wsj.com/articles/trader-doubles-as-pro-at-magic-the-gathering-tournaments-1448388953

good read hahaha

Trader Doubles as Pro at Magic: The Gathering Tournaments


works as trader cum pro magic player, sibei dream life stlye sia




Life

Trader Doubles as Pro at Magic: The Gathering Tournaments

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Jamie Parke carries to competitions 5,000 Magic cards, from which he chooses 75 cards for the meet
Jamie Parke, 34, works as a day trader for a living, and competes in professional-level Magic: The Gathering tournaments during his free time. Mr. Parke says there are similarities between finance and the card game, which both revolve around predicting possible outcomes. ENLARGE
Jamie Parke, 34, works as a day trader for a living, and competes in professional-level Magic: The Gathering tournaments during his free time. Mr. Parke says there are similarities between finance and the card game, which both revolve around predicting possible outcomes. Photo: Will Figg for The Wall Street Journal
By Frederick Dreier
Nov. 24, 2015 1:15 p.m. ET
0 COMMENTS

Packing for a competitive event requires meticulous attention. When Jamie Park travels for his competitions, he always carries at least one Black Lotus, and a Deathrite Shaman or two.

Mr. Parke, 34, is an elite-level player of Magic: The Gathering, the strategy-driven card game that revolves around dragons, sorcerers and other fantasy creatures. Magic players attack each other with numbered cards—Black Lotus and Deathrite Shaman are two of the most popular—and the first player to eliminate his foe’s 20 life points wins.

Once pigeonholed as a pastime for the less-cool kids at school, the game today supports a competitive professional tour, complete with sponsored teams, televised matchups and cash prizes.
Mr. Parke was a full-time Magic player for a number of years before getting a job trading equities. He still competes in the pro category at the Magic tournaments, and travels multiple times a month to compete. He plays for the ChannelFireball.com team. ENLARGE
Mr. Parke was a full-time Magic player for a number of years before getting a job trading equities. He still competes in the pro category at the Magic tournaments, and travels multiple times a month to compete. He plays for the ChannelFireball.com team. Photo: Will Figg for The Wall Street Journal

Mr. Parke has competed at these tournaments since he was 11, and he played as a full-time pro in his 20s. In recent years, Mr. Parke has had to balance Magic with his day job trading equity options for the Philadelphia-based Susquehanna International Group.

Magic and finance require similar skill sets, he says.

“It’s about maximizing your percentage of winning,” Mr. Parke says. “That can also be applied to trading.”

Magic’s professional tour includes regional Grand Prix events and international ProTour tournaments, which pay winners $4,000 and $40,000, respectively. Mr. Parke, who says he has won approximately $64,000throughout his career, attends multiple Grand Prix events each month. Four times a year, he travels to an international ProTour tournament, which this year took place in Washington, D.C., Brussels, Milwaukee and Vancouver, British Columbia.
Mr. Parke often plays Magic: The Gathering for 10 hours a day at the ProTour tournaments. During his down time, Mr. Parke enjoys running and surfing the web, so he packs a set of workout clothing and his tablet computer. Mr. Parke also brings a number of silly T-shirts to lighten the mood during practice rounds. ENLARGE
Mr. Parke often plays Magic: The Gathering for 10 hours a day at the ProTour tournaments. During his down time, Mr. Parke enjoys running and surfing the web, so he packs a set of workout clothing and his tablet computer. Mr. Parke also brings a number of silly T-shirts to lighten the mood during practice rounds. Photo: Will Figg for The Wall Street Journal

In the lead-up to these ProTour events, toy company Hasbro, which owns Magic: The Gathering, often releases new cards into the Magic universe, while removing other cards. The shift in card options forces players to develop new strategies and adjust to new card permutations.

Top players often hole up together in a rental house in the days or weeks before a ProTour tournament. They spend each day playing each other with the new cards, developing new schemes for the coming tournament.

For these longer tournaments, Mr. Parke packs a week’s worth of clothing into his leather satchel, which he calls his Bag of Holdings—a reference to another popular fantasy game, Dungeons and Dragons. He always brings his laptop computer, which allows him to stay in contact with co-workers back at the office.

Mr. Parke enjoys running each day as a break from the gaming, so he packs athletic shoes and workout wear. He also brings a comfortable pair of pajama pants and multiple silly T-shirts, which he wears during the gaming marathons.
The hallmark of Mr. Parke’s suitcase is a satchel containing more than 5,000 Magic: The Gathering cards — approximately 4 copies of every card in circulation. Throughout his practice games, Mr. Parke whittles this down to the 75 cards he will compete with during the tournament. ENLARGE
The hallmark of Mr. Parke’s suitcase is a satchel containing more than 5,000 Magic: The Gathering cards — approximately 4 copies of every card in circulation. Throughout his practice games, Mr. Parke whittles this down to the 75 cards he will compete with during the tournament. Photo: WILL FIGG for The Wall Street Journal

“I try to wear shirts that will lighten the mood,” Mr. Parke says. His favorite showcases the fire flower from Nintendo ’s Super Mario videogame under the slogan “This Is Why I’m Hot.”

The hallmark of Mr. Parke’s travel set is a bag containing 5,000 or so Magic cards—at least four copies of every card in circulation. Card sets this large can sell for more than $1,000. Throughout the week of preparation, Mr. Parke whittles this collection down to the 75 cards he will play at the tournament, the maximum number allowed for competitions.

When Mr. Parke departs for the ProTour event, he grabs his deck of cards and dons a shirt and cap provided by his team, ChannelFireball.com, a website that sells Magic products and strategy tips. During a tournament, he plays up to 10 hours of Magic a day. The winners qualify for the next day’s games.

The tournaments are equal parts social gathering and competition, Mr. Parke says. He even has what he calls a hedge for when he doesn’t qualify: “I grew up going to these tournaments, so even if I don’t, I can find someone to go get drinks with.”
Game company Hasbro routinely releases new Magic: The Gathering cards into the gameplay universe during the year, while simultaneously removing others. This forces Magic players to create new gaming strategies based on the added cards. ENLARGE
Game company Hasbro routinely releases new Magic: The Gathering cards into the gameplay universe during the year, while simultaneously removing others. This forces Magic players to create new gaming strategies based on the added cards. Photo: Will Figg for The Wall Street Journal


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ValueInvestor

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Cool, did WSJ interview u? Is the maker of magic cards listed? It seems to be an everlasting game, won't die out

not me la hahaha
i where got so pro, i just casual magic player lol

yes magic is under the US company called Hasbro, very good stock... i want to buy but the PE ratio too high


but i used to be a pro magic player 10 years ago, when I was xiao di di NSF that time... cause last time got sponsor
now old liao... no sponsor, jin sad LOL~ if u all got any sponsor can refer to me LOL
 
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Genosis

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