Davidklt Supercharged November 28, 2022 Share November 28, 2022 5 hours ago, Wt_know said: Chinese Techs hong kang liao ... Anyway, the Chinese techs already at an all time low. I think only for the short term. Sensing the unrest, lets see if the CCP would be forced to open the economy up. ↡ Advertisement Link to post Share on other sites More sharing options...
Throttle2 Supersonic November 28, 2022 Share November 28, 2022 9 hours ago, Wt_know said: those load up at $3.15 huat until siao ah! order book $25 billions !!! as mentioned many times before and 2-3 weeks ago , that was super bargain price fot STeng. in fact $3.50 is bargain price, it should at least be $3.75 1 Link to post Share on other sites More sharing options...
Throttle2 Supersonic November 28, 2022 Share November 28, 2022 song ah! Link to post Share on other sites More sharing options...
Khng8 4th Gear November 28, 2022 Share November 28, 2022 Singapore households already have significant housing debt. Just have to suck it up. MAS cautions is say like no say like that. Link to post Share on other sites More sharing options...
Wt_know Supersonic November 29, 2022 Share November 29, 2022 (edited) no $1.00 no talk ... winnie xi release the kraken ! Edited November 29, 2022 by Wt_know Link to post Share on other sites More sharing options...
Throttle2 Supersonic November 29, 2022 Share November 29, 2022 6 hours ago, Wt_know said: no $1.00 no talk ... winnie xi release the kraken ! I actually expect this to shoot to $1.20 quite easily. Link to post Share on other sites More sharing options...
Wt_know Supersonic November 30, 2022 Share November 30, 2022 all waiting for powell kor kor to speak tonight to the moon !!!! Link to post Share on other sites More sharing options...
Windwaver Turbocharged November 30, 2022 Share November 30, 2022 https://www.reuters.com/business/finance/credit-suisse-shares-hit-record-low-subscription-rights-dumped-2022-11-29/ Credit Suisse rights sell-off spells worst year for its shares Stock off over 65% in 2022, set for worst year since 1989 Rights for $2.3 bln cash call down sharply on second day Cost of insuring against default up 8 fold this year MILAN, Nov 29 (Reuters) - Credit Suisse shares slid below 3 Swiss francs on Tuesday as investors dumped rights to subscribe to new shares in a cash call aimed at raising $2.3 billion for the loss-making bank. The offering, part of a broader capital raise worth 4 billion francs which won shareholder approval last week, is intended to help fund Credit Suisse's attempt to recover from the biggest crisis in its 166-year history. Shares in Credit Suisse (CSGN.S) fell 3.1% to 2.915 francs by 1451 GMT, their lowest level on record according to Refinitiv data, as the rights tumbled as much as 29.9% to as low as 0.101 on their second day of trading in Zurich. 3 minute readNovember 30, 20221:19 AM GMT+8Last Updated 13 hours ago Credit Suisse rights sell-off spells worst year for its shares By Danilo Masoni The logo of Swiss bank Credit Suisse is seen at its headquarters in Zurich, Switzerland March 24, 2021. REUTERS/Arnd Wiegmann/File Photo Summary Companies Stock off over 65% in 2022, set for worst year since 1989 Rights for $2.3 bln cash call down sharply on second day Cost of insuring against default up 8 fold this year MILAN, Nov 29 (Reuters) - Credit Suisse shares slid below 3 Swiss francs on Tuesday as investors dumped rights to subscribe to new shares in a cash call aimed at raising $2.3 billion for the loss-making bank. The offering, part of a broader capital raise worth 4 billion francs which won shareholder approval last week, is intended to help fund Credit Suisse's attempt to recover from the biggest crisis in its 166-year history. Shares in Credit Suisse (CSGN.S) fell 3.1% to 2.915 francs by 1451 GMT, their lowest level on record according to Refinitiv data, as the rights tumbled as much as 29.9% to as low as 0.101 on their second day of trading in Zurich. Register for free to Reuters and know the full story Register now That took losses for Credit Suisse shares in 2022 to more than 65%, further shrinking its market value to 12 billion francs and firmly setting the stock for its biggest yearly drop. At its peak in 2007 the bank was worth around ten times more. Investors fear the recapitalisation might not be enough to stabilise the bank, which said last week it could book a pre-tax loss of up to 1.5 billion francs in the fourth quarter, and revealed that wealthy clients had made hefty withdrawals. That had led to a big drop in liquidity, breaching some regulatory limits. "The problem now for Credit Suisse is to plug the outflows of staff and client assets: the damage is done and there will be an impact for sure," said Angelo Meda, head of equities and portfolio manager at Banor SIM in Milan. "I believe though the bank will be stabilised and this reassures on bonds and solvency, but on the stock it is hard to tell when the outflows will end," he added. Credit Suisse declined to comment. The offering, which is guaranteed by a group of banks, will raise as much as 2.24 billion Swiss francs ($2.3 billion) and follows a 1.76 billion-franc share placement where Saudi National Bank took a 9.9% shareholding in Credit Suisse. Rightholders in Switzerland's second-biggest bank have the option to purchase two new shares at 2.52 francs each for every 7 rights they hold by December 8. Credit Suisse's five-year credit default swaps (CDS), a form of insurance for bondholders, blew out to a new record high of 403 basis points on Tuesday, according to data from S&P Market Intelligence. CDS prices have soared nearly 8-fold this year. Its bonds also came under pressure, with additional Tier 1 dollar-denominated issues down nearly 1 cent on the dollar, hitting the lowest levels since their October tumble, with some bonds trading just over half their face value, Tradeweb data showed. Link to post Share on other sites More sharing options...
Wt_know Supersonic November 30, 2022 Share November 30, 2022 (edited) anything touch India i scare scare liao even i am Ascendas bull also no dare to buy Ascendas India Trust Edited November 30, 2022 by Wt_know 3 Link to post Share on other sites More sharing options...
Mkl22 Supersonic November 30, 2022 Share November 30, 2022 7 minutes ago, Wt_know said: anything touch India i scare scare liao even i am Ascendas bull also no dare to buy Ascendas India Trust Yup. India is one big black hole. Link to post Share on other sites More sharing options...
Wt_know Supersonic December 1, 2022 Share December 1, 2022 (edited) to the moon !!! interest rate still inching up leh but who cares .... huat ah! Edited December 1, 2022 by Wt_know Link to post Share on other sites More sharing options...
Throttle2 Supersonic December 2, 2022 Share December 2, 2022 All the credit suisse bankers who received stocks and options as part of bonus all sian liao , muayhahaha. thats why the moment it can be vested, immediately sell. Just sell Link to post Share on other sites More sharing options...
Sdf4786k Twincharged December 2, 2022 Share December 2, 2022 On 11/30/2022 at 8:17 PM, Mkl22 said: Yup. India is one big black hole. I believe they outsource to India the Pilot.. so boh pian.. have to continue the journey.. whether taken for a ride is another thing. Link to post Share on other sites More sharing options...
Throttle2 Supersonic December 5, 2022 Share December 5, 2022 On 11/29/2022 at 10:02 PM, Throttle2 said: I actually expect this to shoot to $1.20 quite easily. Come on HST! 1 Link to post Share on other sites More sharing options...
Throttle2 Supersonic December 5, 2022 Share December 5, 2022 Steven lim’s Singpost stil at 52.5cts 🥱 1 Link to post Share on other sites More sharing options...
Throttle2 Supersonic December 5, 2022 Share December 5, 2022 Singtel dividend this friday! Huat ah 1 Link to post Share on other sites More sharing options...
Throttle2 Supersonic December 5, 2022 Share December 5, 2022 MLT dividend next week, huat ah! 1 Link to post Share on other sites More sharing options...
Throttle2 Supersonic December 5, 2022 Share December 5, 2022 Thai bev should really be trading above 70cts, come on! ↡ Advertisement 1 Link to post Share on other sites More sharing options...
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