tag:blogger.com,1999:blog-8772491888812684500.post1726382153836271750..comments2024-03-13T03:05:17.980+08:00Comments on Singapore Notes: Shorting Our FutureTattlerhttp://www.blogger.com/profile/11037010707866164010noreply@blogger.comBlogger25125tag:blogger.com,1999:blog-8772491888812684500.post-86793204087492563772023-12-12T13:35:35.055+08:002023-12-12T13:35:35.055+08:00kd13
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She'll know when to ...But when the limpeh goes,<br />She'll know when to run.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-8410369085433395252012-12-05T23:23:05.976+08:002012-12-05T23:23:05.976+08:00TummySick Dowager likes to gamble. But always lose...TummySick Dowager likes to gamble. But always lose in foreign hands. Much cheaper for her to do research at DSO, back to engineering. She is still losing our CHIPS! We are stuffed a head of trading who cannot trade.<br /><br />She don't know when to hold.<br />Don't know when to fold.<br />Don't know when to walk away.<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-83372772158262173152012-12-05T19:45:45.552+08:002012-12-05T19:45:45.552+08:00Why anybody would vote for a political party that ...Why anybody would vote for a political party that is incapable of bringing any joy into our lives, I will never know.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-49572582361362034442012-12-05T17:30:07.051+08:002012-12-05T17:30:07.051+08:00Rob the poor to subsidize the rich.Rob the poor to subsidize the rich.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-76494033941888964852012-12-05T17:17:08.323+08:002012-12-05T17:17:08.323+08:00no worries...if no one buy the bonds....Temasick w...no worries...if no one buy the bonds....Temasick will buy...cos they are not using their own money...anything goes wrong...people of singapore will pay..and continue to pay...<br /><br />While the arschloches who caused this continue to "party" and laugh away at our blood and tears...<br /><br />The day when push comes to shove...let them do the dying first instead...make them bleed...<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-74391068679270563612012-12-05T17:01:13.998+08:002012-12-05T17:01:13.998+08:00Just take a cue from sino-forest when muddy waters...Just take a cue from sino-forest when muddy waters called them out...<br />it's share price dropped 82% and fraud case written all over it.. is now filing for bankruptcy...if temasek wants to bail this out with the people's money, they better have a good reasons or the people should demand the CEO's business reasons and question her acumen...<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-6807908389792649902012-12-05T16:49:32.195+08:002012-12-05T16:49:32.195+08:00"Olam was founded in 1989 in Nigeria by the K..."Olam was founded in 1989 in Nigeria by the Kewalram Chanrai Group as an export company to secure foreign currency, according to Olam’s website. Kewalram Singapore Ltd. is Olam’s top shareholder with a 20 percent stake, according to data compiled by Bloomberg."<br /><br />The pedigree is outstanding.<br />It really stands out.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-38563081605797622412012-12-05T16:16:43.365+08:002012-12-05T16:16:43.365+08:00olam is in deeep and i mean waaaaay deep $hit...
...olam is in deeep and i mean waaaaay deep $hit...<br /><br />this is priceless..<br />http://www.bloomberg.com/news/2012-12-04/olam-s-biggest-bond-sale-only-delays-collapse-muddy-waters-says.html<br /><br />The sale of a record $750 million in bonds and as much as $500 million of warrants announced yesterday “validates our thesis that Olam is in danger of failing,” Muddy Waters said today in a response to the raising that’s backed by Temasek Holdings Pte, Singapore’s state investment company.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-53634585759011794452012-12-05T16:13:45.523+08:002012-12-05T16:13:45.523+08:00Tummysick is addicted to gambling right?Tummysick is addicted to gambling right?autonoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-77385423164075037622012-12-05T15:34:03.963+08:002012-12-05T15:34:03.963+08:00I'm afraid the $1.25 billion is just the first...I'm afraid the $1.25 billion is just the first installment. This is sick.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-14087728700775785822012-12-05T13:43:16.062+08:002012-12-05T13:43:16.062+08:00Good point.
With Temasek support, this is your cha...Good point.<br />With Temasek support, this is your chance to sell with minimal loss.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-45832166623928270022012-12-05T13:32:09.687+08:002012-12-05T13:32:09.687+08:00I too got a bad feeling about this.I too got a bad feeling about this.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-78286596385244087922012-12-05T13:02:12.996+08:002012-12-05T13:02:12.996+08:00Talk about fools rushing in where angels...With a ...Talk about fools rushing in where angels...With a big sucker (white knight?) like Temasek supporting a sinking company, the smarts are scrambling out.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-63693439507203847412012-12-05T12:50:51.897+08:002012-12-05T12:50:51.897+08:00Really difficult to tell. Market is unconvinced by...Really difficult to tell. Market is unconvinced by Olam and been selling both the equity and bonds. Somehow, Sunny still comes across as convicted to his business model. One of them (either Sunny or Carson) is playing for bluffs.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-75559028603011075472012-12-05T11:46:40.740+08:002012-12-05T11:46:40.740+08:00My antenna went up the minute Olam said it was rai...My antenna went up the minute Olam said it was raising $1.25 billion dollars.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-60510273783613378342012-12-05T11:32:39.225+08:002012-12-05T11:32:39.225+08:00One minute the CEO insists they are not short of f...One minute the CEO insists they are not short of funds and the next minute they are raising funds through rights issues. So is this CEO's words to be trusted ? <br /><br />It is a fact that most publicly listed companies only propose rights issues when they are short of funds. Just like your father will borrow money from your relatives if his shop need some funds to tie him over some difficult periods. <br /><br />If they want to really shore up shareholders' trust & confidence, why are they not issuing any bonus shares or dividends as well ? Are they not in reality giving that short seller some credit in their accusations ?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-90083026532209935402012-12-05T11:30:48.821+08:002012-12-05T11:30:48.821+08:00Trust the bond prices, 11 times out of ten, bonds ...Trust the bond prices, 11 times out of ten, bonds are correct, stocks are wrong. Bonds are now trading at distressed levels, stocks are happily supported with money raised from Temasek or maybe, by Temasek's treasury folks as we blog. I pity the old folks who bought into Olam's recent bonds issues, once again because they salivated at the near 6% yield and the Temasek "put" that fat bankers sold to them. Thank you MAS, you promoted actively all these rubbish issues, just like the rotten chinese penny stocks. Maybe we have another mini-bonds in the works, they will need the hopeful words (and nothing more) from Tan Kin Lian soon. Sunny keeps changing his story - one week ago he said no plans to raise more debt, now he raised $1.25b. And the shitty Times Goh Eng yeow recommended "shock and awe" to prevent price discovery?? But the best was still that BT girl something "Hooi" who wrote that satire piece ending with "cursed you, Mr Block go short yourself" article, I wonder if all these cheerleaders can be sued when losses are eaten. But I am jumping the gun, with $200b of your money, Temasek is well positioned to bail out Olam, even if it means eating $10b of toxic derivatives on its books. Goldman, JPM, DBS and the rest of the commodity traders taking the opposite bets from Olam, they would celebrate Christmas twice this year. Mr Block is smart, but the squids and whales have something to do with it too, watch rice prices tumbling when Ms Yingluck has to open her silos next year. When those toxic derivatives have to be settled and curtain finally falls, who can taxpayers curse, Mr Goh and Ms Hooi?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-83006100561162237312012-12-05T11:27:33.717+08:002012-12-05T11:27:33.717+08:00"The little red dot is more vulnerable."..."The little red dot is more vulnerable.", unquote.<br /><br />The Red Dot, no matter how small, is a jewel. <br /><br />It is the Native Inhabitants in it that are vulnerable.<br /><br />Start the Countdown or get the hell out of it.<br /><br />patriotpatriothttps://www.blogger.com/profile/02012654183813005452noreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-49567985928374480492012-12-05T11:11:10.188+08:002012-12-05T11:11:10.188+08:00For Temasek to support bond rights issue, it is pr...For Temasek to support bond rights issue, it is probably the devil or the deep blue sea. Streetwisehttps://www.blogger.com/profile/08103741568041233820noreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-14422682022494425702012-12-05T10:33:18.200+08:002012-12-05T10:33:18.200+08:00Well, we know TummySick's investment track rec...Well, we know TummySick's investment track record of betting on the wrong horse.<br />I don't have a good feeling about this.Anonymousnoreply@blogger.com