Pinobii Hypersonic July 29, 2016 Share July 29, 2016 Btw whats the auditor doing? Kooning huh ↡ Advertisement Link to post Share on other sites More sharing options...
Kusje Supersonic July 29, 2016 Share July 29, 2016 Btw whats the auditor doing? Kooning huh You might be confused about to job of the auditor leh. They come in once in a while and check just a small portion of the financial transactions and then subsequently certify the financial reports (even this is done with caveats). How will they know which big clients will pull or delay their project or which investors will suddenly pull out of the deal? Link to post Share on other sites More sharing options...
Lala81 Hypersonic July 29, 2016 Share July 29, 2016 Ocbc dbs tio swibe it's dbs and UOB. not ocbc. Ocbc just has exposure to O&G but not swiber in particular. history liao.... total loss for those holding on to Swiber those with other sg marine stocks better cut asap probably all 3 local banks would have some exposure, just more or less Link to post Share on other sites More sharing options...
Mustank Hypersonic July 29, 2016 Share July 29, 2016 it's dbs and UOB. not ocbc. Ocbc just has exposure to O&G but not swiber in particular. my friend kana. Since I'm an STI ETF holder, guess I'm a tiny shareholder as well Whoops! 98 time, dbs kena owe money deep deep by regional Who come to the rescue? 1 Link to post Share on other sites More sharing options...
Kusje Supersonic July 29, 2016 Share July 29, 2016 Whoops! 98 time, dbs kena owe money deep deep by regional Who come to the rescue? Us? 3 Link to post Share on other sites More sharing options...
Lala81 Hypersonic July 29, 2016 Share July 29, 2016 Whoops! 98 time, dbs kena owe money deep deep by regional Who come to the rescue? lol. old news. Even Morgan stanley and GS needed to be supported during 2008. Now u can see DBS/POSB hardly ever got good FD promotion. Means they don't need the cash. 1 Link to post Share on other sites More sharing options...
Beregond Supersonic July 29, 2016 Share July 29, 2016 Everywhere not doing well. Now even garmen also bo lui liao - Latest GIC 20 year return drop 0.9% (means 1 year return must be NEGATIVE 18%). Both Temasek and GIC nothing to contribute to the budget.... They will come after us for money. Starting with petrol duties and carpark charges. well i already receive letter. my worker levy is going up after ajustment Link to post Share on other sites More sharing options...
Kusje Supersonic July 29, 2016 Share July 29, 2016 lol. old news. Even Morgan stanley and GS needed to be supported during 2008. Now u can see DBS/POSB hardly ever got good FD promotion. Means they don't need the cash. Last year they gave me 1.88% for 1 year deposit (the min sum was quite low - maybe 20k? Max sum was high also. 500k or 1 mil). By the way, my current housing loan is based on SIBOR. Current rate I am being charged is 1.53%. I think my FDs are giving me more than this so effectively, the banks are paying me to loan from them Link to post Share on other sites More sharing options...
Little_prince Supersonic July 29, 2016 Share July 29, 2016 it's dbs and UOB. not ocbc. Ocbc just has exposure to O&G but not swiber in particular. my friend kana. Since I'm an STI ETF holder, guess I'm a tiny shareholder as well swiber is part of STI meh? what has etf gotta do with it? Link to post Share on other sites More sharing options...
Lala81 Hypersonic July 29, 2016 Share July 29, 2016 (edited) Last year they gave me 1.88% for 1 year deposit (the min sum was quite low - maybe 20k? Max sum was high also. 500k or 1 mil). By the way, my current housing loan is based on SIBOR. Current rate I am being charged is 1.53%. I think my FDs are giving me more than this so effectively, the banks are paying me to loan from them I'm at low 2 percent. Peasant housing they charge more FDs rates have decreased significantly recently. Only SBI is offering 1.7% for 1 year. In fact only the funny banks/institutions like RHB, SBI, Sing Finance etc have better rates. Maybank/UOB/OCBC is at 1.4-1.5% swiber is part of STI meh? what has etf gotta do with it? My mistake. Realised that after i typed. Haha was trying to console my friend who's a swiber shareholder. Edited July 29, 2016 by Lala81 Link to post Share on other sites More sharing options...
Celicar Turbocharged July 29, 2016 Share July 29, 2016 Go into education sector in Singapore is the best. Or pharmaceutical, sell drugs. LoL... Aging population, more ppl need medicine. Nope. Be liquidator is the best. Link to post Share on other sites More sharing options...
Ttl1976 5th Gear July 29, 2016 Share July 29, 2016 is time for me to buy some dbs and uob shares Link to post Share on other sites More sharing options...
RadX Moderator July 29, 2016 Share July 29, 2016 Go into education sector in Singapore is the best. Or pharmaceutical, sell drugs. LoL... Aging population, more ppl need medicine. undertaker lah.....Ang Chin Moh shd list on the exchange...hahaha 1 Link to post Share on other sites More sharing options...
Fuelsaver Supercharged July 29, 2016 Share July 29, 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 play w words, like ponding but not flooding. I am sitting home for more than half a year liao. No Rolex to sell even!!! sit half a year not simple, no lolex can sell cars n properties. Link to post Share on other sites More sharing options...
Sunny Hypersonic July 29, 2016 Share July 29, 2016 Btw whats the auditor doing? Kooning huh unfortunately, company is paying to the auditor.. so........ 1 Link to post Share on other sites More sharing options...
Ktglfc Hypersonic July 29, 2016 Share July 29, 2016 Whoops! 98 time, dbs kena owe money deep deep by regional Who come to the rescue? That's the worrying part ... from our own pocket money ... oh no ! is time for me to buy some dbs and uob shares Don't think its the time yet ... just wait awhile more... Hopefully can see dbs below 14.80, and ocbc below 8.4 ... 2 Link to post Share on other sites More sharing options...
Ttl1976 5th Gear July 29, 2016 Share July 29, 2016 That's the worrying part ... from our own pocket money ... oh no ! Don't think its the time yet ... just wait awhile more... Hopefully can see dbs below 14.80, and ocbc below 8.4 ... I will start nipping at 15 and 8.6 1 Link to post Share on other sites More sharing options...
Enye Hypersonic July 29, 2016 Share July 29, 2016 (edited) I'm at low 2 percent. Peasant housing they charge more FDs rates have decreased significantly recently. Only SBI is offering 1.7% for 1 year. In fact only the funny banks/institutions like RHB, SBI, Sing Finance etc have better rates. Maybank/UOB/OCBC is at 1.4-1.5% My mistake. Realised that after i typed. Haha was trying to console my friend who's a swiber shareholder. mai complain hor i paid 2.6% for entire tenure Edited July 29, 2016 by Enye ↡ Advertisement Link to post Share on other sites More sharing options...
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