I can see buyers coming in.
Sell down creates buying opportunities.
Huat! :bsmilie:
:lovegrin:
I can see buyers coming in.
Sell down creates buying opportunities.
Huat! :bsmilie:
Defensive counters - ComfortDelGro and SBS. Profits year after year.
SBS profits down 30% due to GST hike :bsmilie:
http://www.channelnewsasia.com/stories/singaporebusinessnews/view/311141/1/.html
That's the best way to pacify the public to stop critisim for raising fares.
Are you mad? Someone else will probably stand up to say that the SBS management mismanaged! :bsmilie:
SBS profits down 30% due to GST hike :bsmilie:
http://www.channelnewsasia.com/stories/singaporebusinessnews/view/311141/1/.html
SBS profits down 30% due to GST hike :bsmilie:
http://www.channelnewsasia.com/stories/singaporebusinessnews/view/311141/1/.html
SBS profits down 30% due to GST hike :bsmilie:
http://www.channelnewsasia.com/stories/singaporebusinessnews/view/311141/1/.html
This is again the power of the media to create smokescreen.
Read in between the lines.
SBS's profit dipped 30% in Q3 due to the payment of S$2.6 million for GST. Where does the money go? Isn't it obvious.
For the 1st nine months 2007, SBS has made S$41.6 million, an increase of 2.4%.
Therefore, don't just read the headline, read the content and digest it.
to put in simple sense : right pocket goes to left pocket on the same pants. :bsmilie:
I think it's time to break your piggy bank ..... buy some stocks now! :angel:
Traditionally in Nov-Dec month, the market is very quiet as most fund managers / traders are on leave to celebrate the festive season.
Therefore, the market can swing very fast due to lack of volume.
Ha ha! Markets dropping like what some investment gurus said they would. Looks like there will be some support in the near term for Singapore based solely on technical analysis. Can't say the same for HK and China though. Window dressing period coming up soon, not sure if this will be able to provide some impetus for the markets to rebound before the end of the year.