FGreen Posted January 16, 2014 Posted January 16, 2014 FYI, this analogy only apply to trading, service and certain light manufacturing industries, but not for capital intensive oil refining, petrochemical and chemical multi billion type asset investment. Once invested and built, they are as good as rooted in the location for good. Profitability in these industry is cyclical yes, but not at all mobile like what you imagine.
Peter Seow Posted January 16, 2014 Posted January 16, 2014 FYI, this analogy only apply to trading, service and certain light manufacturing industries, but not for capital intensive oil refining, petrochemical and chemical multi billion type asset investment. Once invested and built, they are as good as rooted in the location for good. Profitability in these industry is cyclical yes, but not at all mobile like what you imagine. Oh please man....check how multi-billion inustries are leaving. You need to think and check your data before you shoot. Framkly the cost building up any product is too expensive to remain profitable. Nothing is routed for good.
ralfale Posted January 16, 2014 Posted January 16, 2014 The difference may not be as big if the author compares Singapore to cities like Tokyo, London, New York or even Hong kong rather than country level. Of course, no denying our pty prices are getting out of hand.
basspundit Posted January 17, 2014 Author Posted January 17, 2014 Rebuttal to the rebuttal http://www.forbes.com/sites/jessecolombo/2014/01/16/its-not-a-bubble-until-its-officially-denied-singapore-edition/
unholyman Posted January 17, 2014 Posted January 17, 2014 Is MAS's rebuttal a correct decision? - IMHO, seems only to accelerate the process with more "fearmongering"
c7221624705751 Posted January 17, 2014 Posted January 17, 2014 Oh please man....check how multi-billion inustries are leaving. You need to think and check your data before you shoot. Framkly the cost building up any product is too expensive to remain profitable. Nothing is routed for good. 1st, dun you already see what you are saying here has absolutely nothing to do with this article ?? This article is total rubbish. Headline words: "credit bubble", "Iceland". SG has absolutely nothing close of that sort. If anything, MAS should be commended for reining in the lending. Iceland can borrow 100%, can SG ? 2nd, SG has its own problems. I agree more with the previous member than yours on certain industries. Inertia in certain industries, and the complications in these industries, can still give us some more time. In any case this is a real problem and we must find and enhance our niche position as best as we can. 3rd, this part I really do not like the way you present what SG is today. From the way you present it, SG is doomed, dead, case closed. Is that it ? Is that your point ? Are we not going to do something ? LHL tries to build SG as the London or Switzerland of the east, you think it's a bubble too ? Then what ? Just wait for it to go down "like malacca"? And get out of SG before it is too late ??
f_spider Posted January 17, 2014 Posted January 17, 2014 Cant help noticing.... Some pple only come in here to defend de establishment ::)
Peter Seow Posted January 17, 2014 Posted January 17, 2014 1st, dun you already see what you are saying here has absolutely nothing to do with this article ?? This article is total rubbish. Headline words: "credit bubble", "Iceland". SG has absolutely nothing close of that sort. If anything, MAS should be commended for reining in the lending. Iceland can borrow 100%, can SG ? 2nd, SG has its own problems. I agree more with the previous member than yours on certain industries. Inertia in certain industries, and the complications in these industries, can still give us some more time. In any case this is a real problem and we must find and enhance our niche position as best as we can. 3rd, this part I really do not like the way you present what SG is today. From the way you present it, SG is doomed, dead, case closed. Is that it ? Is that your point ? Are we not going to do something ? LHL tries to build SG as the London or Switzerland of the east, you think it's a bubble too ? Then what ? Just wait for it to go down "like malacca"? And get out of SG before it is too late ?? Show me the data tp buck your claim?do you know how much sg bonds temasek has issued in USD once the usd rise you know what happens. I purchase some sg bond in USD at 5% yield...this is the real interest they pay. your own words sums up everything...you want to build sg as london what rubbish is this a dog changing to cat? oh please. Sg needs a total rebuild only a total rebuild will save the country. Only when the people are treasured will they want to protect the country. If Singapore had a choice to move to another country after cashing out millions they would as loyalty is not they when govt wants to replace them with foreigners. What swiss rolex or is it polex made in sg? When the propery market drops to a low level things will stabilse when a cleaner is proud of her job and is not discriminated, the country is saved.
Peter Seow Posted January 17, 2014 Posted January 17, 2014 Cant help noticing.... Some pple only come in here to defend de establishment ::) some junkies from underground tends to prop for no reason
YANG Posted January 17, 2014 Posted January 17, 2014 Cant help noticing.... Some pple only come in here to defend de establishment ::) 果条友真係抱政府唧波，抱到出汁!! 唉。。。無眼睇呀！！！
c7221624705751 Posted January 18, 2014 Posted January 18, 2014 ...haiz... From the way you mention abt temasek bonds, I can tell you have absolutely no clue of what you are talking about, at least for this. So this is another internet warrior who knows all from google. I am in this industry, I trade with them, on a regular basis. I know very very well this market. You dun, so dun pretend you do. If I would to infer from what you demonstrated in the financial industry, it would mean all you said about other industries are total bullshit too. since I do not know well enough other industries, I give you the benefit of doubt. But for financials, you are dead wrong. And sure, anything "for the establishment" is to be scoffed at in this place. It's trendy isn't it ?
Peter Seow Posted January 18, 2014 Posted January 18, 2014 ...haiz... From the way you mention abt temasek bonds, I can tell you have absolutely no clue of what you are talking about, at least for this. So this is another internet warrior who knows all from google. I am in this industry, I trade with them, on a regular basis. I know very very well this market. You dun, so dun pretend you do. If I would to infer from what you demonstrated in the financial industry, it would mean all you said about other industries are total bullshit too. since I do not know well enough other industries, I give you the benefit of doubt. But for financials, you are dead wrong. And sure, anything "for the establishment" is to be scoffed at in this place. It's trendy isn't it ? I can show my original slips of temasek bond funds which i purchased at the low and obtain 5% interest please show me your purchase do you what is the minimum amount per temasek bond, state it please. At least if you know the price of each bond maybe you know something, do you kow who is the pricipal dealer? Do you know who is handling all the chemicals hubs in singapore? My company is doing the main operations. you should know they name if you are in the industry If you cant ask all these questions, i have doubts.
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