Temasek selling Merrill Lynch at a loss
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Originally posted by O o O:
RedDust, I think we should continue our discussion in the other thread.Btw, have you found the link to the article about Korean petrol price?
that's really your job. if you can't show, i really couldn't be bothered.
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Originally posted by maurizio13:
Not a matter of short term targets, but it's a matter of timing the market.
I dont think I need to comment on the rest. The statement alone will tell us how dumb an investor you are.Timing the market??.....hahahaha..
“Market timing is a poor substitute for a long-term investment plan.”
Jonathan Clements, Wall Street Journal Columnist“Market-timing is bunk.”
Pat Dorsey, Director of Morningstar Fund Analysis“I’ve learned that market timing can ruin you.”
Elaine Garzarelli, Stock Investing Analyst“If I have noticed anything over these 60 years on Wall Street, it is that people do not succeed in forecasting what’s going to happen in the stock market.”
Benjamin Graham, Investor and Author of The Intelligent Investor“The market timer’s Hall of Fame is an empty room.”
Jane Bryant Quinn, Columnist and Author of Smart and Simple Financial Strategies -
Originally posted by maurizio13:
Gazelle also known as O o O, Love Supreme, TCH05, Pekei, etc
This is a true story..
There was once I went to a friend's place to check out his new audio system..Â…..my friend was staying in the nice apartment together with his sister (who is Singapore supermodel
) and parents, who were away on that dayÂ…Â….....when I
first arrive, nobody was there accept for my friendÂ….....then at
about 10.30 in the eveningÂ…......this tall, gorgeous looking girl
walks inÂ…that was the first time that I see his sister in
person...Â….she was stunning, wearing this worn out jeans and white
T-shirt....Â…..she was very friendly and sat down with us for about
15 mins before going to her room to take her showerÂ…Â…Â….(her sister
room is actually linked to the common toilet that I have been using
before she came back)Â…Â…..and after about 20minsÂ…..Â….her sister open
the toilet doorÂ…..and I quickly make my way to the toilet cause I
need to pee badlyÂ…. 
When I was enjoying my peeÂ…Â…Â….I was shock to see sometime lying on the laundry basket cover
Â…..it was my friend sister's used panties and
bra...she just remove a few minutes agoÂ…and you can see that the
stain on it is still wet....(must have forgotten that I am in the
house)Â…..when I see thatÂ…....my heart start to pump in double quick
timeÂ…and without much thinking........my hands went straight down
to reach for itÂ…Â…..the panties that I was holding is white in
color......and it comes with some yellowish stain Â…...Â…while I am
holding itÂ….....my mind was trying to picture her supermodel face
together with the pantiesÂ…Â….man it was really mind blowÂ…...then I
start to smell itÂ…Â….. 
I know it might sound sick and crazyÂ…Â…Â…but the curiosity of knowing how a supermodel pu$$y smells like is just irresistible.
Any one have the similar experience before?Hey OoO.. you're a really sick bastard leh !!
Why don't you go smell your mother's wet panties instead ?
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Originally posted by redDUST:
that's really your job. if you can't show, i really couldn't be bothered.
If you are really interested to know, you should read what I wrote, not think what I wrote. -
Originally posted by jojobeach:
How simi how ?
Can you prove that I am lying about my properties ?? Waiting till my neck long long already.
So how ??? Go eat some shit already ??
Jojo, I am sure you are not going to walk aways from my challenge since you know that it will only prove me right that you are no property investor, but a liar who claim that your bro property investment in yours. Honestly that is very embarrassing your know. -
Originally posted by O o O:
I dont think I need to comment on the rest. The statement alone will tell us how dumb an investor you are.Timing the market??.....hahahaha..
“Market timing is a poor substitute for a long-term investment plan.”
Jonathan Clements, Wall Street Journal Columnist“Market-timing is bunk.”
Pat Dorsey, Director of Morningstar Fund Analysis“I’ve learned that market timing can ruin you.”
Elaine Garzarelli, Stock Investing Analyst“If I have noticed anything over these 60 years on Wall Street, it is that people do not succeed in forecasting what’s going to happen in the stock market.”
Benjamin Graham, Investor and Author of The Intelligent Investor“The market timer’s Hall of Fame is an empty room.”
Jane Bryant Quinn, Columnist and Author of Smart and Simple Financial Strategies
You can quote all you want, but facts of the case is, I was right about the impending drop due to sub prime effects on financial institutions.Facts of the case is, I said it was a bad time to buy in Dec 2007, it would be a better time to buy at the end of Dec 2008 when prices have stabilized.
Some people can see the market, whereas others like you can't.
Jim Rogers, a former partner of George Soros in the famed Quantum Fund.
The fund manager, who has traveled extensively in emerging markets and lives part of the year in Asia, says sovereign wealth funds in Abu Dhabi and Singapore that recently made large investments in Citigroup and UBS AG (UBS, news, msgs) are likely to lose a lot of money on their ploys. "They're making a big mistake; these banks have many more problems still ahead. They should wait until these companies are really on the ropes a few years from now . . . and trading at $5 a share."
But aren't they supposed to be the smart money? Maybe not. "I know these people, and they have never given me the impression that they're smarter than anyone else," Rogers says. "They have gigantic amounts of money, but they've made a bad judgment in these cases." -
Originally posted by O o O:
If you are really interested to know, you should read what I wrote, not think what I wrote.actually, for awhile...neither. thanks anyway.
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Originally posted by O o O:
Jojo, I am sure you are not going to walk aways from my challenge since you know that it will only prove me right that you are no property investor, but a liar who claim that your bro property investment in yours. Honestly that is very embarrassing your know.Then you prove it lorrr.... I take this challenge lah.... why you so kia see one ?
You prove that I am no property owner lah... that my claim that I own more than one property is lie lah... very difficult meh ???
You want to accuse me a liar.. you got proof anot ??
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Originally posted by jojobeach:
Hey OoO.. you're a really sick bastard leh !!
Why don't you go smell your mother's wet panties instead ?
He has a very deprived sex life, that's why he has to resort to this kind of activities to amuse himself. -
why u all insulting each other? this is speakers corner leh... it should be healthy debate instead of hurling shit at one another...
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Originally posted by maurizio13:
He has a very deprived sex life, that's why he has to resort to this kind of activities to amuse himself.Very poor thing lah...
But he like this hor...only the girls in Geylang can help him lah.
Anyway... my work is done,... still nothing from that 3Zero idiot...
See you guys next time !!!
Have fun fooling with that dumb award OoO...
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Originally posted by newcomer:
why u all insulting each other? this is speakers corner leh... it should be healthy debate instead of hurling shit at one another...
do you see any debates from O o O?
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Originally posted by newcomer:
why u all insulting each other? this is speakers corner leh... it should be healthy debate instead of hurling shit at one another...
Nastiness begets nastiness.
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I just posted his past exploits to show the newbies what kind of sex maniac he is.
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Originally posted by maurizio13:
You can quote all you want, but facts of the case is, I was right about the impending drop due to sub prime effects on financial institutions.Facts of the case is, I said it was a bad time to buy in Dec 2007, it would be a better time to buy at the end of Dec 2008 when prices have stabilized.
Some people can see the market, whereas others like you can't.
Jim Rogers, a former partner of George Soros in the famed Quantum Fund.
The fund manager, who has traveled extensively in emerging markets and lives part of the year in Asia, says sovereign wealth funds in Abu Dhabi and Singapore that recently made large investments in Citigroup and UBS AG (UBS, news, msgs) are likely to lose a lot of money on their ploys. "They're making a big mistake; these banks have many more problems still ahead. They should wait until these companies are really on the ropes a few years from now . . . and trading at $5 a share."
But aren't they supposed to be the smart money? Maybe not. "I know these people, and they have never given me the impression that they're smarter than anyone else," Rogers says. "They have gigantic amounts of money, but they've made a bad judgment in these cases."
Maurizio, You might want to know that timing the market is one of the biggest mistake that people always do in stocks trading, because it is as good as gambling. If you claim you know what you are talking about, then how could you compare Temasek investment approach to high risk gambling, like timing the market? Are you shooting yourself in the feet and walking on your hands at the same time? beside that, we already have a AndrewPKyap in this forum to give us market prediction, do we need another one here? hahah.. Like any armchair critics, it is always easy to say I predicted this and that but when being asked a simply question like, do you think ML stock price will be up or down in 3 months time and when is the best time to buy. You will say, it depends on this, that and bla bla bla. Am I right? Or do you want to give it a shot? In case you dont know, are you aware that Temasek did have a capital protection clause in their earlier investment in ML, which is offered only to them and not any tom dick and harry who pick up ML stock from the exchange. I have read it briefly, you might want to find out more information about that and tell us what is your comment. -
Originally posted by jojobeach:
Very poor thing lah...
But he like this hor...only the girls in Geylang can help him lah.
Anyway... my work is done,... still nothing from that 3Zero idiot...
See you guys next time !!!
Have fun fooling with that dumb award OoO...
I read that investment by Temasek in Australia's ABC dropped from $7 to $0.80.
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Originally posted by O o O:
Maurizio, You might want to know that timing the market is one of the biggest mistake that people always go in stocks trading, because it is as good as gambling. I f you claim you know what you are talking about, then how could you related Temasek investment approach to high risk gambling, like timing the market? Are you shooting yourself in the feet and walking on your hands at the same time? beside that, we already have a AndrewPKyap in this forum to give us market prediction, do we need another one here? hahah.. Like any armchair critics, it is always easy to say I predicted this and that but when being asked a simply question like, do you think ML stock price will be up or down in 3 months time and when is the best time to buy. You will say, it depends on this, that and bla bla bla. Am I right? Or do you want to give it a shot? In case you dont know, are you aware that Temasek did have a capital protection clause in their earlier investment in ML, which is offered only to them and not any tom dick and harry who pick up ML stock from the exchange. I have read it briefly, you might want to find out more information about that and tell us what is your comment.Those quotes you provided don't mean a thing.
Tell me something, how much are those columnist worth?
Are they managing a fund equivalent to George Soro's Quantum Fund?
The difference between gambling and investing is investing uses information to gain an advantage, whereas gambling you just go in to punt (like what Temasek did).
Facts of the case is still, it is cheaper to buy Merrill Lynch now than it was to buy in December 2007. Why? Because of the sub prime crisis unraveling itself in 2008.
Simple to understand, no contentions.
You can give all the quotes you want but what matters is the figures.
Protection clause so? Doesn't mean they will make money from it in 2 years time. If you are so confident. Why not make a bet? Do you have the guts to put your money where your mouth is?
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Originally posted by jojobeach:
Then you prove it lorrr.... I take this challenge lah.... why you so kia see one ?
You prove that I am no property owner lah... that my claim that I own more than one property is lie lah... very difficult meh ???
You want to accuse me a liar.. you got proof anot ??
Jojo, as I have said before, in order to the challenge to be effective, it is important that we have a common understanding of what you are saying because my experience tells me that empty vessel in this forum will end up twisting the meaning of the words to get themselve out of the challenge. So I am asking you, Am I right to say that, you are claiming that in Singapore all property price will sink together and in USA the property market will not? -
This is not the first time Temasek, GIC and GLC has made bad investment decisions.
They lost quite afew billions holding on to a chapter 11 filing company Global Crossing.
I am quite skeptical about government related companies making good investment decisions.
The only good companies in their arsenal are those that are in Singapore. Why? Because they can control prices and increase prices to their fancy to get more profits.
Current Losses
1) Global Crossing
2) Shin Corp
3) Optus
4) Suzhou Industrial Project
5) Merrill Lynch
6) UBS
7) Citibank
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O o O,
What do you think about ST Telemedia's purchase of Global Crossing?
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Fuk up Temasek,use Singaporeans money to make investment again.If lose money,then come n suck their own countrymen money again.Like an unfilial son losing his money in gambling,and then come home n threaten their parents to give him more money or else beaten them.Fuk up PAP government,PUI!!!!!
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and now, ubs is known as a crook bank in united states for trying to deceive investors.
The Investment 'Albatross' at UBS
The bank faces lawsuits alleging it manipulated the market for auction-rate securities, then tried to offload its inventory on investors
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Originally posted by drawer:
Fuk up Temasek,use Singaporeans money to make investment again.If lose money,then come n suck their own countrymen money again.Like an unfilial son losing his money in gambling,and then come home n threaten their parents to give him more money or else beaten them.Fuk up PAP government,PUI!!!!!
it is always the case. nothing new to us liao. lost investment then up GST to gain back what is lost. then earn liao they keep it for themselves. Is like dumping a huge amount of money in 4D and hope it come out 1st prize. then lose liao nvm. it is not my money anyway. i go back take more money and dump in again. will they every feel the pinch when they lost money in investment?
P.S. this is not the first time already. why ho ching was not sack?
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Originally posted by freedom4ever:
it is always the case. nothing new to us liao. lost investment then up GST to gain back what is lost. then earn liao they keep it for themselves. Is like dumping a huge amount of money in 4D and hope it come out 1st prize. then lose liao nvm. it is not my money anyway. i go back take more money and dump in again. will they every feel the pinch when they lost money in investment?
P.S. this is not the first time already. why ho ching was not sack?
ho ching is kaki lang, won't be sack one, therefore no accountability.anyway no need for them to be accountable, as Temasek receives it's funds from MAS. CPF deposited all it's funds with MAS, therefore there is no direct link.
think LKY learn from romace of the 3 kingdom's cao cao （曹�）
�教我负天下人，休教天下人负我
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Originally posted by O o O:
Jojo, as I have said before, in order to the challenge to be effective, it is important that we have a common understanding of what you are saying because my experience tells me that empty vessel in this forum will end up twisting the meaning of the words to get themselve out of the challenge. So I am asking you, Am I right to say that, you are claiming that in Singapore all property price will sink together and in USA the property market will not?Hey you.. empty vessels... you say I lie about my properties.. PROVE IT !!
How dare you accuse me of lying.. you better prove it.. or you're just a dumbshit empty vessels going around slandering people.
PROVE IT !!!
PROVE IT !!!
PROVE IT !!!!
So am I right to say that you disagree with my statement about the sinking ship part ? What is your theory then , if you have any ?
You're simply too stupid to act smart anyway.... come come amuse me with your .. lowly intelligence. .. bwahahahhah !!!