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Singapore Economic News
09-03-2020, 08:47 PM. (This post was last modified: 09-03-2020, 08:48 PM by karlmarx.)
Post: #281
RE: Singapore Economic News
(09-03-2020, 08:34 PM)BlueKelah Wrote: With algo driven trading more pervasive nowadays, we gonna get bigger daily falls than in the past when sentiment turns sour and vice versa when market turns.

How about COE $1k soon? Big Grin  Been a long wait. Time to enjoy some of the profits from my Vicom investment Wink

It is only during severe market panics that better quality and appropriately priced stocks become apparent; they are sold down less than the others.

Owners of such stocks like Vicom now have the luxury of switching to other beaten down assets.

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09-03-2020, 09:25 PM.
Post: #282
RE: Singapore Economic News
(09-03-2020, 08:47 PM)karlmarx Wrote:
(09-03-2020, 08:34 PM)BlueKelah Wrote: With algo driven trading more pervasive nowadays, we gonna get bigger daily falls than in the past when sentiment turns sour and vice versa when market turns.

How about COE $1k soon? Big Grin  Been a long wait. Time to enjoy some of the profits from my Vicom investment Wink

It is only during severe market panics that better quality and appropriately priced stocks become apparent; they are sold down less than the others.

Owners of such stocks like Vicom now have the luxury of switching to other beaten down assets.

I agree.
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10-03-2020, 08:32 AM.
Post: #283
RE: Singapore Economic News
(09-03-2020, 08:34 PM)BlueKelah Wrote: With algo driven trading more pervasive nowadays, we gonna get bigger daily falls than in the past when sentiment turns sour and vice versa when market turns.

Don't forget all those who think it is a gr8 idea to "leverage to buy reits" or "sell options for a dividend stream". Retire early using these 2 methods!

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16-03-2020, 11:10 AM.
Post: #284
RE: Singapore Economic News
Passenger movements in Changi down 32.8% in February
https://sbr.com.sg/aviation/news/passeng...n-february
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18-03-2020, 07:21 PM. (This post was last modified: 18-03-2020, 07:45 PM by dreamybear.)
Post: #285
RE: Singapore Economic News
(09-03-2020, 08:34 PM)BlueKelah Wrote: How about COE $1k soon? Big Grin  Been a long wait. Time to enjoy some of the profits from my Vicom investment Wink

The COE today, though a tad lower, is still quite stable.
https://www.channelnewsasia.com/news/sin...e-12551994

Private housing mkt seems to be healthy too.
https://www.channelnewsasia.com/news/bus...9-12542994

From the ground news above, SG residents seem to be coping alright, agst the backdrop of Brexit, trade war, Covid19(+ lockdowns/travel restrictions in many parts of the world), oil price war, Fed cutting rates to almost 0(instead of leaving some "ammunition" for future use).

I can only surmise perhaps this is an indication of the widening income gap between the haves and have-nots.

(10-03-2020, 08:32 AM)AQ. Wrote: Don't forget all those who think it is a gr8 idea to "leverage to buy reits" or "sell options for a dividend stream". Retire early using these 2 methods!

I think some of them cld be facing margin calls during these uncetain times ....

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27-03-2020, 09:25 PM.
Post: #286
RE: Singapore Economic News
PM's Message posted on Youtube : https://www.youtube.com/watch?v=jvGSEfIC-8I

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11 hours ago.
Post: #287
RE: Singapore Economic News
Singapore hotels' average occupancy down to 51%
https://sbr.com.sg/hotels-tourism/news/s...cy-down-51
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3 hours ago.
Post: #288
RE: Singapore Economic News
Most Hong Kong Hotels have only single digit occupancy during Feb and so must be in worse situation compared to Singapore hotels.

The compulsory 14 day stay in quarantine for all visitors entering Hong Kong ( and stay will be paid by the visitor ) is the major deterrent .

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