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North Korea threatens 'sacred' nuclear war

By North Asia correspondent Mark Willacy

Posted 4 hours 14 minutes ago

The aircraft carrier USS George Washington departs Busan, ahead of planned war games that have sparked retaliation threats from North Korea. (US Navy: Adam K Thomas)

The Korean peninsula is on high alert today, with Pyongyang threatening a nuclear response to massive war games being held by the United States and South Korea.

Hundreds of war planes, dozens of ships and thousands of military personnel are taking part in the four-day drill designed as a show of force to North Korea after the sinking of a South Korean corvette four months ago.

Washington's star strike fighter - the F-22 Raptor - is the most advanced killing machine taking part in the joint US-South Korea war games.

In total, 200 fighter jets, 20 warships and 8,000 military personnel will be taking part in the drill in the Sea of Japan. All the military hardware has one purpose - to send a shudder all the way to Pyongyang.

The fleet includes the nuclear-powered aircraft carrier USS George Washington, which is 333 metres long and can accommodate more than 6,000 crew members and 80 warplanes.

"We will be showing off the strongest capabilities in the largest exercise in recent history," South Korean navy general Kim Kyung-sik said.

"The purpose of this drill is to confirm the strong will of the US-South Korea alliance and to send a clear message of warning to North Korea about its provocative acts."

Pyongyang has denounced the exercise as a reckless provocation, warning it is prepared to launch what it calls a "retaliatory sacred war" in response.

Kim Jong-Il's regime says it will not hesitate to unleash its nuclear deterrent.

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26-Jul-2010 09:15

Swiber / Swiber

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chiong ah!!! 1.08!!

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25-Jul-2010 20:47

Straits Times Index / STI to cross 3000 boosted by long-term investors

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x 0

i read a book about this guy who had the best indicator if he wanted to know if the market was about to fall..

the indicator was to tell a few passer bys that the market will crash and if their answer was a retort saying that the fella's crazy

that's the best indicator that the market will fall..

Fear when others are greedy..gd luck!

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22-Jul-2010 19:23

Straits Times Index / STI to cross 3000 boosted by long-term investors

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Hurray!! market chiong !.. on freakin low vol???????

yikes... this rally is not sustainable..don't want to put my money into the market like this..

Volume:	1,111.8M
Value:	$1,284.8M
Gainers/Losers:	234/187

▲	SGX	7.400	+0.010	3,571
As at Thu 22 Jul 2010 05:05 PM

	Stock Indices

*ST Index

2,955.67

+29.58

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22-Jul-2010 19:12

Straits Times Index / STI to cross 3000 boosted by long-term investors

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x 0

booms are followed by busts..

so when the markets have rallied enough and the manipulators have suckered enough pple into the stock market

then the downfall will happen..

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21-Jul-2010 20:42

Swiber / Swiber

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now we know why it chiong-ed...

Kreuz offers 80 mln new shares at 27 cts/shr in IPO

By ANGELA TAN

Kreuz Holdings Limited, Swiber Holdings Limited's subsea services business, is offering 80 million new shares at 27 cents each in its initial public offer (IPO).

Of the total, 4.50 million new shares will be offered to the public, while the remaining 75.50 million shares will be placed.

The public offer will open on July 22, 2010, and will close at noon on July 27, 2010.

Listing of Kreuz's Shares on Catalist is expected to start on July 29, 2010.

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21-Jul-2010 13:41

Straits Times Index / STI to cross 3000 boosted by long-term investors

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u heard of goldilocks story?

eat porridge, overstay, wake up to BEARS!!!!!!!!!!!!

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21-Jul-2010 11:34

Straits Times Index / STI to cross 3000 boosted by long-term investors

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how low can STI go..broke intra day low..likely heading further south..

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21-Jul-2010 11:15

China New Town / ChinaNTown

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yanlord, bund centre, ChinaNtown all top vol, moving up the ladder..

Stocks of the same feather Chiong together

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20-Jul-2010 11:07

Swiber / Swiber

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just broke out on high vol..

ride the breakout .. sell once there're signs of reversal..

gd luck!

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20-Jul-2010 10:25

Swiber / Swiber

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1.05..!! go go go swiber!

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20-Jul-2010 10:03

HPL / HPL

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after making a decent run up..

it collapsed back down due to the run up on thin vol..

today it's doing the same thing again on thin vol..

2.64 to 2.72....those who want to ride this trend may want to be careful and take profit once

there's signs of reversal..

ozone2002 ( Date: 10-Jun-2010 09:09) Posted:

WARNING CHIONG ON THIN VOL...............

BE CAUTIOUSLY OPTIMISTIC

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20-Jul-2010 09:49

Swiber / Swiber

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swiber's vol very promising today..

technical indicators all trending upwards..

have to break 1.04 to break out of the consolidation phase..

vested! 1.03

DYODD

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20-Jul-2010 09:11

China New Town / ChinaNTown

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no wonder there was a 13million married deal!!!

China New Town Development Company Limited is pleased to announce that it has listed two residential land plots from its Shanghai Luodian Project for public auction at Shanghai Land Reserve Centre (LRC) last Friday. The two land parcels F1-4 and F1-6 have a land area of 43,326 square meters and 107,825 square meters respectively. The plot ratio of approximately 0.6X

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20-Jul-2010 09:02

ShareJunction / VIKING offshore

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sell to me cheap cheap plsssssssssss..............

Viking Offshore & Marine: Acquisitions to boost capabilities
Acquires stakes in two companies.
announced that it has entered into sale and purchase agreements to acquire
100% of Promoter Hydraulics Distributor Pte Ltd (PHPL) for a total
consideration of S$22.25m and 55% of Marine Accomm Pte Ltd (MAPL)
for S$7.5m. According to management, PHPL is Singapore's largest
wholesaler in winches, power packs and marine decking equipment. It is
part of the Promoter group founded in 1976. MAPL, on the other hand,
does the engineering, design and construction of vessel accommodation
and interiors. Both are complementary businesses to Viking Airtech, which
Viking acquired in Jan 2010.Viking Offshore & Marine (Viking)
PHPL acquired at discount to fair market value.
PHPL for S$18m in cash and the rest (S$4.25m) in the form of Viking
shares (~3.6% dilution). The fair market value of assets to be acquired was
S$32m as at 23 Jun 2010 but NTA was S$10.9m as at 31 Dec 09 as the
bulk of the assets were carried at cost. Revenue and net profit were S$14.9m
and S$6.2m in FY09 respectively.Viking will acquire
Marine accom enjoys high revenue.
S$61m in FY09 while the average historical unaudited revenue for FY06-09
was S$51m. This will help propel Viking's revenue - management hopes to
raise revenue past the S$100m mark so as to be part of the Singapore
government's initiative to grow 1000 local firms with revenues of over S$100m
by 2020. With subsidiaries in China, Viking hopes to develop this business
with its facilities in China (e.g. Viking Airtech Yantai). Despite the high
revenue, net profit in FY09 is estimated to be less than S$1m only. We
think Viking will aim to see how it can improve productivity and realize
synergies among its business units, leading to greater efficiency and higher
margins. According to management, MAPL also has a large client base
that Viking can tap on.MAPL enjoyed high revenue of
Market likely to monitor cashflows.
09) and it also raised S$7m from sale of equity investments in May this
year, leaving about S$25m of quoted equity investments (at market value)
left on its balance sheet. S$10m of the PHPL cash consideration will be
paid on the completion date (about Aug) and the rest in Jan 2011, making
it less of a constraint on the group's cash resources. We have adjusted our
estimates and our fair value estimate inches up to S$0.32. Maintain Viking has about S$15m cash (end-BUY.

(Low Pei Han)

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19-Jul-2010 16:58

ShareJunction / VIKING offshore

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Mkt reacted badly to the news..

but i still continue to accumulate..

throw to me pls..

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