Blacksnow 4th Gear July 28, 2016 Share July 28, 2016 Another one bites the dusts. Will Ezra follow next? ↡ Advertisement Link to post Share on other sites More sharing options...
Little_prince Supersonic July 28, 2016 Share July 28, 2016 Another one bites the dusts. Will Ezra follow next? ezra? hmm.... that one also sibei jialat. family feud. even selling their sentosa cove bungalow. think it's a matter of time if the crash is sustained. even the stronger ones like ezion may not pull thru. Link to post Share on other sites More sharing options...
Jayy25 6th Gear July 28, 2016 Share July 28, 2016 ezra? hmm.... that one also sibei jialat. family feud. even selling their sentosa cove bungalow. think it's a matter of time if the crash is sustained. even the stronger ones like ezion may not pull thru. guys dont spread fear leh.... I working in there leh.... later no $$ to bring home for mummy to cook good foods and cannot post picture in "What do you makan today". how? 4 Link to post Share on other sites More sharing options...
Kusje Supersonic July 28, 2016 Share July 28, 2016 Survive or not also not much effect to Singapore right now.... Most of the same industry competitors (technip, mcdermott, saipem, ss7) already closed their sg office in favor of KL. 2 Link to post Share on other sites More sharing options...
Kusje Supersonic July 28, 2016 Share July 28, 2016 Oh yes. luckiest people are the bond holders. They just made payment for 200+ mil of bonds in june/jul.... Link to post Share on other sites More sharing options...
Kusje Supersonic July 28, 2016 Share July 28, 2016 Whew, my ocbc shares are safe. http://www.businesstimes.com.sg/companies-markets/ocbc-has-no-exposure-to-swiber-says-source http://www.straitstimes.com/business/companies-markets/ocbc-flags-more-oil-and-gas-non-performing-loans-but-says-no-exposure-to But what exactly does this mean? can someone explain? SINGAPORE - OCBC's asset quality issues arising from its exposure to the struggling oil and gas sector have deepened but not yet broadened, chief executive Samuel Tsien said. Link to post Share on other sites More sharing options...
Porker Turbocharged July 28, 2016 Share July 28, 2016 Whew, my ocbc shares are safe. http://www.businesstimes.com.sg/companies-markets/ocbc-has-no-exposure-to-swiber-says-source http://www.straitstimes.com/business/companies-markets/ocbc-flags-more-oil-and-gas-non-performing-loans-but-says-no-exposure-to But what exactly does this mean? can someone explain? Means not good lah muayhahahaha. 2 Link to post Share on other sites More sharing options...
Showster Twincharged July 28, 2016 Share July 28, 2016 Likely means the number of bad loans is the same, but each bad loan has become bigger. Whew, my ocbc shares are safe. http://www.businesstimes.com.sg/companies-markets/ocbc-has-no-exposure-to-swiber-says-source http://www.straitstimes.com/business/companies-markets/ocbc-flags-more-oil-and-gas-non-performing-loans-but-says-no-exposure-to But what exactly does this mean? can someone explain? 4 Link to post Share on other sites More sharing options...
Kusje Supersonic July 28, 2016 Share July 28, 2016 Likely means the number of bad loans is the same, but each bad loan has become bigger. But don't make sense leh. If what you say is true that means ocbc has been lending more and more to the borrower even though they know that the borrower might have trouble paying up? Means not good lah muayhahahaha. Thank you captain obvious Link to post Share on other sites More sharing options...
Showster Twincharged July 28, 2016 Share July 28, 2016 (edited) Maybe previously got chance of delayed payment or partial repayment. Now zero chance, the counted as confirmed bad amount increased. Or company or sector still same size but their confirmed bad debts increased. But don't make sense leh. If what you say is true that means ocbc has been lending more and more to the borrower even though they know that the borrower might have trouble paying up? Thank you captain obvious Edited July 28, 2016 by Showster 3 Link to post Share on other sites More sharing options...
Mustank Hypersonic July 28, 2016 Share July 28, 2016 Coe got 5k boh? 2 Link to post Share on other sites More sharing options...
Ktglfc Hypersonic July 28, 2016 Share July 28, 2016 Really hope less retrenchment ... And also less shareholders are affected.... Times are getting bad ... 4 Link to post Share on other sites More sharing options...
Evillusion Supersonic July 28, 2016 Share July 28, 2016 Means not good lah muayhahahaha.lol...i owe u 5.....ok.... forget the 5... 1 Link to post Share on other sites More sharing options...
Angcheek Hypersonic July 28, 2016 Share July 28, 2016 Ocbc have higher risky loan ... 8 Link to post Share on other sites More sharing options...
Lala81 Hypersonic July 28, 2016 Share July 28, 2016 Hope the offshore/O&G workers can find employment. Tough for them ... 2 Link to post Share on other sites More sharing options...
Pinobii Hypersonic July 28, 2016 Share July 28, 2016 Dbs in comparison safer Hope the offshore/O&G workers can find employment. Tough for them ... Unemployment rates was just published, looking bad 3 Link to post Share on other sites More sharing options...
Showster Twincharged July 28, 2016 Share July 28, 2016 Dbs in comparison safer Unemployment rates was just published, looking bad DBS exposed 700mil, expects to recover half. http://www.straitstimes.com/business/dbs-exposure-to-swiber-group-at-700-million-expects-to-recover-half 1 Link to post Share on other sites More sharing options...
Lala81 Hypersonic July 28, 2016 Share July 28, 2016 Ocbc have higher risky loan ... No need to worry abt OCBC. Their bank's founding guiding philosophy is about prudent lending ↡ Advertisement 1 Link to post Share on other sites More sharing options...
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