Investments in Merril Lynch making money for Temasek
-
Originally posted by eagle:
Order history:
6 hours ago
Eagle:
Another perfect example of you putting words into others mouth. Different from us doesn't mean I think the same as him.
4 hours ago
TCH05:
what is the point of saying that a triangle think differently from a circle and square when circle and square doesnt even think alike.Yup.
Please follow order!
6 hours ago, that is NOT a QUESTION, it is a statement.
4 hours ago, IT IS A QUESTION.
-
Originally posted by eagle:
Please don't avoid the challenge I made to you and your failed attempt to prove otherwise 6 hours ago.
And regarding the bolded question, I have already explained many times in this thread. You have to state why the answers are not satisfactorily enough. Or maybe you cannot read?
It seems like someone cant even differentiate a question from a statement. Is this another of your stupid tactic to avoid question again?
-
Originally posted by TCH05:
6 hours ago, that is NOT a QUESTION, it is a statement.
4 hours ago, IT IS A QUESTION.
NOT a Question means you admit it right?
Not putting question marks means it is not a question. So it is not a question 4 hours ago too.
So, if you wish:3 hours ago page 3
Eagle:
So, I have mentioned you think differently from us. Have I even minutely mentioned both me and Andrew think alike? If I haven't, wouldn't that be you putting words into my mouth?3 hours ago page 4
TCH05:
Mind explaining to us what is the underlying purpose is saying what you said? Can i assume that you are offended when I say AndrewPKyap thinks like you? -
Originally posted by TCH05:
It seems like someone cant even differentiate a question from a statement. Is this another of your stupid tactic to avoid question again?
It seems like someone can't even differentiate order and questions.
-
Originally posted by eagle:
NOT a Question means you admit it right?
Not putting question marks means it is not a question. So it is not a question 4 hours ago too.
So, if you wish:3 hours ago page 3
Eagle:
So, I have mentioned you think differently from us. Have I even minutely mentioned both me and Andrew think alike? If I haven't, wouldn't that be you putting words into my mouth?3 hours ago page 4
TCH05:
Mind explaining to us what is the underlying purpose is saying what you said? Can i assume that you are offended when I say AndrewPKyap thinks like you?Eagle, I would appreciate if you stop behaving like a kid in this forum or else dont blame others for not taking what you said seriously.
Just because I choose to ignore the rubbish you said, it doesnt mean I agree with you. Please grow up, this is speakers corner.
If you have nothing meaningful to say next time, just shut up!!
And for the record, this statement was made before your 6 HOURS rubbish. Are you admitting that you and andewPKyap think alike?
Originally posted by TCH05:
I am glad that you admit that you and andrewpkyap think alike. you are a very honest young man.Grow up!!
-
Originally posted by TCH05:
Eagle, I would appreciate if you stop behaving like a kid in this forum or else dont blame others for not taking what you said seriously.
Just because I choose to ignore the rubbish you said, it doesnt mean I agree with you. Please grow up, this is speakers corner.
If you have nothing meaningful to say next time, just shut up!!
Do I need to show you the order of the meaningless statements you have made?
Come on, I was complimenting you on your thinking process this time, and you want to question me on the compliment.
If you want to think that my compliment on you is rubbish, by all means, go ahead. Perhaps others would also think a compliment on you is just rubbish.
-
Originally posted by TCH05:
And for the record, this statement was made before your 6 HOURS rubbish. Are you admitting that you and andewPKyap think alike?
Grow up!!
So is that post a question? You quoted it yourself, you should know it is not.
Asking others to grow up does not make you seem any smarter in your posts.
-
Originally posted by eagle:
Do I need to show you the order of the meaningless statements you have made?
Come on, I was complimenting you on your thinking process this time, and you want to question me on the compliment.
If you want to think that my compliment on you is rubbish, by all means, go ahead. Perhaps others would also think a compliment on you is just rubbish.
Eagle, grow up lah. If you have nothing meaningful to say, just zip up.Opppss for the record, are you admitting that you and andrewPKyap think alike because my statement comes before yours?
And talking about putting word in your mouth, here is something which you might have conveniently forgotten huh?
Originally posted by TCH05:Temasek and GIC have a track record which I can use to make my judgement. maurizio doesnt have any to talk about.
Hope you realise by now that talking in an open forum is cheap.
Originally posted by eagle:A track record does not mean one should have confidence in them. Where did you get the idea from?
Originally posted by TCH05:Please read what I wrote again. I said a track record I can use to make my own judgement.
-
Originally posted by eagle:
So is that post a question? You quoted it yourself, you should know it is not.
Asking others to grow up does not make you seem any smarter in your posts.
Just take that as a challenge if thats how you like to call it. -
Originally posted by TCH05:
Eagle, grow up lah. If you have nothing meaningful to say, just zip up.Opppss for the record, are you admitting that you and andrewPKyap think alike because my statement comes before yours?
And talking about putting word in your mouth, here is something which you might have conveniently forgotten huh?
Didn't you realise I stopped after that? I understood what you mean, and that you are right, although there are still flaws I can point out.
Yet now, you know you made a wrong statement, what did you do?
Now answer me, do you admit to have put words into my mouth? Is it because you cannot prove your statement, you are now calling it nothing meaningful?
-
Originally posted by TCH05:
Just take that as a challenge if thats how you like to call it.That is a claim. Do you not understand the difference between a claim and a challenge?
I am now challenging your claim. -
Originally posted by eagle:
Didn't you realise I stopped after that? I understood what you mean, and that you are right, although there are still flaws I can point out.
Yet now, you know you made a wrong statement, what did you do?
Now answer me, do you admit to have put words into my mouth? Is it because you cannot prove your statement, you are now calling it nothing meaningful?
I am asking you a very simply question, what is the PURPOSE of you claiming that TCH doesnt thinks like EAGLE and ANDREW while at the same time claiming that EAGLE and ANDREW doesnt think alike?
To me, that is PURE meaningless RUBBISH. Do you agree or not?
-
Originally posted by eagle:
That is a claim. Do you not understand the difference between a claim and a challenge?
I am now challenging your claim.
Eagle, you can call it whatever you want, as long as you are happy. Now what? -
Originally posted by TCH05:
I am asking you a very simply question, what is the PURPOSE of you claiming that TCH doesnt thinks like EAGLE and ANDREW while at the same time claiming that EAGLE and ANDREW doesnt think alike?
To me, that is PURE meaningless RUBBISH. Do you agree or not?
Firstly I did not also say I and him doesn't think alike. Neither did I say both Andrew and me think alike. It was all in your mind. You can claim initially that I said both Andrew and I think alike, then you claim again that I said both Andrew and I think differently (when I merely raised it as an example with the word 'if'). Seriously, something is wrong with you. Fact is, you like to put words into people's mouth. It has happened many times in this thread. The number of posts you did this spans over 3 pages. I can't comprehend how thick skinned you can be in continuously putting words in others mouth and then asking them why they said it. It hasn't happen just once; definitely not a coincidence or a moment of misunderstanding of sentences.
Secondly, I have already answered your question (although the question was already wrong) at least 4 times. You are just blatantly whining that it has not been answered when the answer has been presented straight in your face. You have even quoted the answer to your own question yourself, as shown in my earlier post. Do you call this dumb?
Thirdly, I agree. My compliment for you was PURE meaningless RUBBISH. Your logical processing capability is virtually non-existent; any compliment on such a person like you is PURE meaningless RUBBISH in your words. Since you want to force this fact upon all of us that a compliment on your thinking capability is meaningless rubbish, we will gladly accept it. And I believe I do not need to point out the rubbish you have already posted in this forum; you know it yourself.
Fourthly, my question, already earlier than yours, was even simpler. It is just a yes/no question on whether you admit to having put words into my mouth. Is it because the answer to my question is too obvious a yes that you can't be bothered to answer? If so, I will apologize for not understanding your unspoken intentions.
Finally, isn't it obvious? Initially you try to argue for your wrong statement. Next, when you discovered you are totally cornered, you attempt to call it meaningless. I'm very sure all you want to do is to win, even at the expense of you being labelled a fool. So yup, you win!
-
Originally posted by eagle:
And I believe I do not need to point out the rubbish you have already posted in this forum; you know it yourself.
I'm very sure all you want to do is to win, even at the expense of you being labelled a fool. So yup, you win!
eagle, when you say of TCH05 "I do not need to point out the rubbish you have already posted in this forum; you know it yourself." you are giving him too much credit. Most idiots do not know that they are idiots and they do not know they post stupid nonsense.
-
Back to the topic... I warned in July 2007 to get out of the stock market and announced to everyone that I personally had done so. Yet the dishonorable despot with Singaporeans hard earned money bought more Barclays bank shares then and the shares are now almost off by 50% from July 2007. Just think how much they have lost. They could have saved almost 50% of a billion (?, 10 billion?) or double the number of shares they own.
They should just pay Singaporeans a decent and fair interest on Singaporeans CPF which is money they forceably take instead of behaving like the dishonorable despots and jinx that they are, losing Singaporeans sweat money to foreigners.
-
-
Originally posted by TCH05:
maurizio, buying a huge equity stake in a bluechip company such as ML is not like trading shares in the stock market, where you can enter and exit anytime you like.
When you talk about forex loses, are you aware that,
1) Most of Singapore reserves are still in US$ denomination,, hence it will not make a difference if they buy ML at 1.38 or 1.45
2) In 2007, analyst at DBS; which is a GLC, has already forecasted that US$ will hit as low as 1.38 in 2008, way before Temasek acquire ML. You mean those guys at Temasek and GIC dont read newspaper?
3) Suppose if Temasek and GIC are so concern about FOREX loses, I am sure it will not be difficult for them to get MAS to devalue the S$ just to make their investment look pretty isnt it?
What seperate a good investor from an average one is his/her ability to identify opportunities when everyone else are running for cover.
Not enter and exit any time we wish? Then? Lock in forever? Have to seek Merrill Lynch's management approval to sell?
A takeover is different from buying a 10% stake in the company, for takeovers you need to seek approval from the relevant authorities.
1) You mean if I have assets in the UK, but I denominate my assets in US$ instead of GBP. Not possible? Even if I have US$ assets,
I forsee a depreciation in the US$ but not an appreciation of my investment, I will behave like you and not switch investment to another country.
Sit there, wait for the US$ to depreciate and watch my investment go down the drain.
2) If you have investment analyst relying on another investment analyst's report on the newspaper about the US$, the company will surely make losses.
Moreover, the likelihood of US$ hitting a low of SG$1.30 to SG$1.25 by end of the year is not unlikely.
The US dollar might even crash as people lose confidence in using it as a medium for international trade, people are all diverting their assets from US$
to Gold and Oil futures and options. That's why you see gold and oil skyrocketing, if nothing is done to correct the US$ drop, I won't be surprise if oil hits
a high of US$150 to US$200 per barrel by year end.
3) Having a dirty float and manipulating it is counter productive. Why? You are directly promoting inflation in Singapore and speculative attacks from
currency traders like George Soros.
Your explanation is equivalent to, fools rush in where angels fear to tread.
Whether they have made good overseas investments, you can look up the historical purchases of overseas companies.
Extremely good examples would be Global Crossing, Optus, Shin Corp and Suzhou Industrial Project.
The only companies giving good profits are those Singapore companies who have monopoly power.
I am retiring from explaining issues to you, you can continue blabbing all you want,
you only have a one track mind, to promote and glorify the P4P regime, you are
not adhering to logic and common sense. You will continue side stepping issues
after I have given you an explanation, bring up new topics to win at all cost.
-
Originally posted by maurizio13:
I am retiring from explaining issues to you, you can continue blabbing all you want,
you only have a one track mind, to promote and glorify the P4P regime, you are
not adhering to logic and common sense. You will continue side stepping issues
after I have given you an explanation, bring up new topics to win at all cost.
Similar conclusion -
I concur...
It is so tiring explaning things to idiots too stupid to understand.
-
Originally posted by maurizio13:
Not enter and exit any time we wish? Then? Lock in forever? Have to seek Merrill Lynch's management approval to sell?
A takeover is different from buying a 10% stake in the company, for takeovers you need to seek approval from the relevant authorities.
1) You mean if I have assets in the UK, but I denominate my assets in US$ instead of GBP. Not possible? Even if I have US$ assets,
I forsee a depreciation in the US$ but not an appreciation of my investment, I will behave like you and not switch investment to another country.
Sit there, wait for the US$ to depreciate and watch my investment go down the drain.
2) If you have investment analyst relying on another investment analyst's report on the newspaper about the US$, the company will surely make losses.
Moreover, the likelihood of US$ hitting a low of SG$1.30 to SG$1.25 by end of the year is not unlikely.
The US dollar might even crash as people lose confidence in using it as a medium for international trade, people are all diverting their assets from US$
to Gold and Oil futures and options. That's why you see gold and oil skyrocketing, if nothing is done to correct the US$ drop, I won't be surprise if oil hits
a high of US$150 to US$200 per barrel by year end.
3) Having a dirty float and manipulating it is counter productive. Why? You are directly promoting inflation in Singapore and speculative attacks from
currency traders like George Soros.
Your explanation is equivalent to, fools rush in where angels fear to tread.
Whether they have made good overseas investments, you can look up the historical purchases of overseas companies.
Extremely good examples would be Global Crossing, Optus, Shin Corp and Suzhou Industrial Project.
The only companies giving good profits are those Singapore companies who have monopoly power.
I am retiring from explaining issues to you, you can continue blabbing all you want,
you only have a one track mind, to promote and glorify the P4P regime, you are
not adhering to logic and common sense. You will continue side stepping issues
after I have given you an explanation, bring up new topics to win at all cost.
Maurizio, SWF do not and CANNOT operate like any private investors in such high profile investment because of political and strategic reasons. I am not sure if you have been following the news of recent GIC and Temasek investments. When big companies like ML, UBS or Citi decided to arrange a marriage deal by issuing new shares or convertible bonds, they will have to seek shareholders approval because such transaction will dilute existing shareholders value and it could potentially create political implication. Remember this is SWF we are talking about, not Maurizio Investment Bank.
Like it or not, the US$ is still the biggest trading currency in the world and there is no currency right now, not even the EURO, that is in position to replace it, unless if all oil producing countries decide to stop pricing their oil in US$.
1) The world central banks are not as stupid as you think, and please dont assume they they are not aware of the falling US$ and it is in their interest to dump US$ for other currencies
For example, the central bank of China, which is holding on to about US$1.3 trillions world of US$ asset, hasnt dump the US$. Furthermore their YUAN is still significantly under value against the falling US$.
In the Middle East, most GCC countries currencies are still peg to the US$ despite the fact that inflation is hitting double digits and the US$ is falling. And till now, they are still holding on to their trillions of US$ assets.
What is your opinion on that? (Would appreciate if you could answer my question)
2) The purpose of highlighting DBS analyst and not UOB, Citi, or HSBC, is because DBS is a GLC, and that contradict what you say about MAS and our government is not aware of the depreciating US$.
You mention US$ hitting 1.25? May I know on what basis are you making the claim? Or are you simply guessing?
3) The currencies of China, Vietnam, UAE, Saudi Arabia, Qatar, Oman and Bahrain are all closely pegged to the US$ and the level of inflation they are facing is probably twice as much as what we have here in Singapore. What is your explanation on that? They are not pro citizen?
A weaker S$ is a double edge sword, one on hand it will speed up inflation which will have great implication on the lower income Singaporeans. However a weaker S$ will help promote Singapore exports, especially to USA and countries like China and Middle East, where their currencies are closely pegged to the dollar.
George Soros attacking Singapore financial system? Are you making baseless assumption that he has the financial muscle to do what he was being accused of doing to Malaysia? We are Singapore you know? Not some developing countries with screwed up banking system.
Fool or no fool, I am sure forumers here can decide.
-
Originally posted by AndrewPKYap:
Back to the topic... I warned in July 2007 to get out of the stock market and announced to everyone that I personally had done so. Yet the dishonorable despot with Singaporeans hard earned money bought more Barclays bank shares then and the shares are now almost off by 50% from July 2007. Just think how much they have lost. They could have saved almost 50% of a billion (?, 10 billion?) or double the number of shares they own.
They should just pay Singaporeans a decent and fair interest on Singaporeans CPF which is money they forceably take instead of behaving like the dishonorable despots and jinx that they are, losing Singaporeans sweat money to foreigners.
Back in year 2003 I remember reading an article saying that the year China host the olympic, which is 2008, the global economy will experience a major slowdown or recession.There was another article I read saying that whenever a country broke the record for the tallest building, there will be a recession. This was back in 2001 and Dubai has just broken the record last year.
Jim Rogers, who predicted the subprime crisis back in 2006 and in 1999 is also predicted a commodities rally. However the difference is that, he is sure about what he is talking and he made billion$ out of his prediction.
AFAICR, subprime problem first appear in end 2006 and news of crisis eventually starts to build up months after that and the stock market first experience its major correction in Jun 07, 1 month before your "prediction", and the market take a 2nd beating in Jul 07.
Hence Andrew, may I ask you.
How do you classified what you said as prediction when there was already news about stock market crash back in Jun07, and people like Jim Rogers first talk about it in 2006 and made billions out of it?
You claim that you predicted the stock market crash back in July07. It would be nice if you could provide me a link for reference as I am really interested to find out if you are indeed a real deal.
In Nov07, I noticed you started a thread to talk about your prediction here.
Nov07 http://www.sgforums.com/forums/10/topics/290788 and
And then in Jan08, you started talking about getting into stock market again. And somehow, the thread have gone into hibernation mode. I guess you are still waiting for the right time to claim your prediction again right?
Jan 08 http://www.sgforums.com/forums/2092/topics/305953
As we all know that when the market crashed, the next possible movement will be for it to go up. Hence dont you think that it is quite meaningless to say that you can predict this and that when there is only 1 outcome of that event?
-
Originally posted by AndrewPKYap:
eagle, when you say of TCH05 "I do not need to point out the rubbish you have already posted in this forum; you know it yourself." you are giving him too much credit. Most idiots do not know that they are idiots and they do not know they post stupid nonsense.
Andrew, are you aware that Eagle was quite defensive when I said that you guys think alike. I mean, Eagle claimed to be a very smart person and I presume you are too because you could predict stock market, hence I dont see why he should be so defensive about it when he say that TCH doesnt thinks you and him.My guess is that he does want to be associate with you because of your reputation in the forum.
-
Originally posted by TCH05:
Andrew, are you aware that Eagle was quite defensive when I said that you guys think alike. I mean, Eagle claimed to be a very smart person and I presume you are too because you could predict stock market, hence I dont see why he should be so defensive about it when he say that TCH doesnt thinks you and him.My guess is that he does want to be associate with you because of your reputation in the forum.
Another example of putting words into my mouth. You seem very fond of doing that. I wonder why.
-
Originally posted by TCH05:
Maurizio, SWF do not and CANNOT operate like any private investors in such high profile investment because of political and strategic reasons. I am not sure if you have been following the news of recent GIC and Temasek investments. When big companies like ML, UBS or Citi decided to arrange a marriage deal by issuing new shares or convertible bonds, they will have to seek shareholders approval because such transaction will dilute existing shareholders value and it could potentially create political implication. Remember this is SWF we are talking about, not Maurizio Investment Bank.
Like it or not, the US$ is still the biggest trading currency in the world and there is no currency right now, not even the EURO, that is in position to replace it, unless if all oil producing countries decide to stop pricing their oil in US$.
1) The world central banks are not as stupid as you think, and please dont assume they they are not aware of the falling US$ and it is in their interest to dump US$ for other currencies
For example, the central bank of China, which is holding on to about US$1.3 trillions world of US$ asset, hasnt dump the US$. Furthermore their YUAN is still significantly under value against the falling US$.
In the Middle East, most GCC countries currencies are still peg to the US$ despite the fact that inflation is hitting double digits and the US$ is falling. And till now, they are still holding on to their trillions of US$ assets.
What is your opinion on that? (Would appreciate if you could answer my question)
2) The purpose of highlighting DBS analyst and not UOB, Citi, or HSBC, is because DBS is a GLC, and that contradict what you say about MAS and our government is not aware of the depreciating US$.
You mention US$ hitting 1.25? May I know on what basis are you making the claim? Or are you simply guessing?
3) The currencies of China, Vietnam, UAE, Saudi Arabia, Qatar, Oman and Bahrain are all closely pegged to the US$ and the level of inflation they are facing is probably twice as much as what we have here in Singapore. What is your explanation on that? They are not pro citizen?
A weaker S$ is a double edge sword, one on hand it will speed up inflation which will have great implication on the lower income Singaporeans. However a weaker S$ will help promote Singapore exports, especially to USA and countries like China and Middle East, where their currencies are closely pegged to the dollar.
George Soros attacking Singapore financial system? Are you making baseless assumption that he has the financial muscle to do what he was being accused of doing to Malaysia? We are Singapore you know? Not some developing countries with screwed up banking system.
Fool or no fool, I am sure forumers here can decide.
Maurizio, SWF do not and CANNOT operate like any private investors in such high profile investment because of political and strategic reasons. I am not sure if you have been following the news of recent GIC and Temasek investments. When big companies like ML, UBS or Citi decided to arrange a marriage deal by issuing new shares or convertible bonds, they will have to seek shareholders approval because such transaction will dilute existing shareholders value and it could potentially create political implication. Remember this is SWF we are talking about, not Maurizio Investment Bank.
like all posters say u r dumb
2 ways to buy a co.
1) issue new shares by co.
2) buy exisitin shares from mkt
u can onli tink of 1
sooo stoopig