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the hints dun appear on charts lah...Nobody can predict when the gov is going to announce new measures.
Even if market moves to your expections, you are just pure lucky
No $2 no cover!!! lol.... Anyway, as a trader one must not be greedy, reduce your position to confirm the profit, and let the rest ride on trailing stop..... lol
congras )
Isolator ( Date: 08-Dec-2011 10:05) Posted:
The hints already reflected on the charts.... One need to inteprete it neutrally to see it correctly...
GuavaXF30 ( Date: 08-Dec-2011 09:35) Posted:
It's natural to be hated if you bring messages of warnings that ppl don't like to hear. Now donw more than 5%.
In fact most property counters lau si. CitiDev -9.3%, Fragrance -4.7%, Guocoland -4.2%, Ho Bee - 8.9%, KepLand -5.3% (even after getting K-Reits to buy Ocean Centre at high price !), Oxley -10% ,SC Global -6% & Wing Tai -5.6%.
Aiya, how come those ppl working at MOF never give tip yesterday |
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sifu iso, thank you for your tips, shorted a bit of CPL, please let us know when u cover your shorts.
The hints already reflected on the charts.... One need to inteprete it neutrally to see it correctly...
GuavaXF30 ( Date: 08-Dec-2011 09:35) Posted:
It's natural to be hated if you bring messages of warnings that ppl don't like to hear. Now donw more than 5%.
In fact most property counters lau si. CitiDev -9.3%, Fragrance -4.7%, Guocoland -4.2%, Ho Bee - 8.9%, KepLand -5.3% (even after getting K-Reits to buy Ocean Centre at high price !), Oxley -10% ,SC Global -6% & Wing Tai -5.6%.
Aiya, how come those ppl working at MOF never give tip yesterday ?
Isolator ( Date: 08-Dec-2011 09:24) Posted:
| CPL NEVER failed to generate profit for me when I shorted.... Sometime it is really tough to give bitter warning to some.... They will hate me more.... lol |
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It is very sad that many don't listen to sifu's hints... very sad...
Isolator ( Date: 08-Dec-2011 09:24) Posted:
| CPL NEVER failed to generate profit for me when I shorted.... Sometime it is really tough to give bitter warning to some.... They will hate me more.... lol |
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It's natural to be hated if you bring messages of warnings that ppl don't like to hear. Now donw more than 5%.
In fact most property counters lau si. CitiDev -9.3%, Fragrance -4.7%, Guocoland -4.2%, Ho Bee - 8.9%, KepLand -5.3% (even after getting K-Reits to buy Ocean Centre at high price !), Oxley -10% ,SC Global -6% & Wing Tai -5.6%.
Aiya, how come those ppl working at MOF never give tip yesterday ?
Isolator ( Date: 08-Dec-2011 09:24) Posted:
| CPL NEVER failed to generate profit for me when I shorted.... Sometime it is really tough to give bitter warning to some.... They will hate me more.... lol |
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CPL NEVER failed to generate profit for me when I shorted.... Sometime it is really tough to give bitter warning to some.... They will hate me more.... lol
Yup, today, property counters are going to be "
pengsan" ... (
" see bay charm" )... lol...
I think many people knew this was going to happen but did not act. Property counters will drag down today, probably also drag down STI too.
Capital Land, Citidev, Keppel Land, SC Global, Wing Tai, Wheelock I believe will also be hit.
Anyone else ?
But please beware. There may not be chance to short as I believe opening bell will see these prices dive rock bottom.
Isolator ( Date: 07-Dec-2011 23:02) Posted:
Rubbish or not... I will still see CPL below $2 soon.... lol
niuyear ( Date: 07-Dec-2011 16:25) Posted:
All Your words are rubbish to me |
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i will clear today to support iso after last nite surprises2 here we come Isolator ( Date: 07-Dec-2011 23:02) Posted:
Rubbish or not... I will still see CPL below $2 soon.... lol
niuyear ( Date: 07-Dec-2011 16:25) Posted:
All Your words are rubbish to me |
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Cooling off measures will definitely affect property related counters in Singapore. I support the government! Singaporeans first!
Rubbish or not... I will still see CPL below $2 soon.... lol
niuyear ( Date: 07-Dec-2011 16:25) Posted:
All Your words are rubbish to me.
Isolator ( Date: 07-Dec-2011 16:15) Posted:
I can know how you feel to have CPL from $4 to 2.60.... You know it well if you would listen to my bitter advise in the past, you would be sitting with lots of cash ready to buy again.....too bad....lol
A trader need to have big losses before in order to become a true trader..... |
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Very good news to property !!
SINGAPORE: The government has imposed an Additional Buyer's Stamp Duty (ABSD) for private property of between 3 per cent and 10 per cent for Singaporeans, Permanent Residents and foreigners to moderate investment demand for private residential property and promote a more stable and sustainable market.
The changes take effect on December 8.
Foreigners will pay 10 per cent Additional Buyer's Stamp Duty (ABSD) for any residential property.
Permanent Residents owning one and buying second and subsequent properties will pay 3 per cent ABSD.
Singaporeans owning two and buying a third and subsequent residential properties will pay 3 per cent Additional Buyer's Stamp Duty.
The ABSD will be imposed over and above the current Buyer's Stamp Duty, which are 1 per cent on the first $180,000 of purchase consideration or market value of the property (whichever is higher), 2 per cent on the next $180,000 and 3 per cent for the remainder.
In a joint statement on Wednesday, the Finance and National Development ministries say the government's objective is to promote a sustainable residential property market where prices move in line with economic fundamentals.
They said prices of private residential properties have continued to rise, albeit more slowly in the last two quarters.
Prices are now 13 per cent above the peak in the second wuarter of 1996, and 16 per cent above the more recent peak in the second quarter of 2008.
They said that even with the current economic uncertainties, the demand for private residential property remains firm.
Given the uncertainty in stock markets and with interest rates remaining low, private property in Singapore continues to attract local and foreign investors.
They added that excessive investment demand will make the property cycle more volatile, and thus increase the risks to Singapore's economy and banking system.
The government said the higher ABSD rate for foreign buyers in particular is necessary, in view of the large pool of external liquidity and strong buying interest from abroad, and the relatively small size of the Singapore market.
The government said foreign purchases account for 19 per cent of all private residential property purchases in the second half of 2011, up from 7 per cent in the first half of 2009.
For purchases made jointly by two or more parties (eg a Singaporean with a PR, or a PR with a foreigner), the higher applicable ABSD rate will be imposed.
For example, if a citizen purchases a property with a foreigner, the ABSD of 10 per cent will apply.
In the case of a joint purchase by Singaporeans, who each already owns properties, the ABSD of 3 per cent will apply as long as one of the purchasers already owns two properties.
Deputy Prime Minister and Minister for Finance Tharman Shanmugaratnam, said: " We have always had open markets and must keep them that way. However, the reality is that investment flows into our property market are now larger than before, and unlikely to recede as long as interest rates remain low. The additional buyer's stamp duty should help cool investment demand, and avoid the prospect of a major, destabilising correction further down the road."
Minister for National Development Khaw Boon Wan said: " We are ramping up the supply of new Executive Condominium units through the Government Land Sales Programme. This will help higher-income Singaporeans own private condominium units in an affordable way, as the sale of new EC units is restricted to Singaporean households only."
Singaporean first-time buyers and upgraders, and buyers of HDB flats will not be affected by the new measure.
Certain reliefs will be provided so that the measure will not impact home occupation demand by residents.
For example, relief will be provided for Singaporean-foreigner/PR married couples buying their homes.
Reliefs will also be provided for qualifying developers and for purchases falling within the scope of Singapore's international trade agreements.
The government will continue to ensure an adequate supply of private housing to meet-medium term demand.
There are 41,000 unsold private housing units in the pipeline.
The government will inject sites that can potentially yield a total of 14,100 units in the 1H2012 Government Land Sales (GLS) Programme, similar to the supply in previous GLS programmes.
Of these, about 7,000 units will be from sites on the Confirmed List.
These numbers take into account the ample pipeline supply and the dampening effect of the ABSD.
The government will also expand the supply of executive condominiums (ECs) in 2012 and is prepared to release sites that can potentially yield 5,000 EC units for the entire year.
Sites for 3,500 EC units will be made available in 1H2012, including 3,000 EC units on the Confirmed List.
The Confirmed List quantum is comparable to the 3,000 EC units from 5 sites sold for the whole of 2011. More details will be provided in the press release for the 1H2012 GLS Programme on MND's website.
The Government will continue to monitor the property market and adjust our property policies in step with changes in the market and the economy.
- CNA/de
hope , expectation and optimism will indeed propel it higher again tomor just look at history
All Your words are rubbish to me.
Isolator ( Date: 07-Dec-2011 16:15) Posted:
I can know how you feel to have CPL from $4 to 2.60.... You know it well if you would listen to my bitter advise in the past, you would be sitting with lots of cash ready to buy again.....too bad....lol
A trader need to have big losses before in order to become a true trader.....
niuyear ( Date: 07-Dec-2011 16:00) Posted:
| Certainly its not free - cos your advice are based on your losses from your own pocket every day.........lol ! |
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I can know how you feel to have CPL from $4 to 2.60.... You know it well if you would listen to my bitter advise in the past, you would be sitting with lots of cash ready to buy again.....too bad....lol
A trader need to have big losses before in order to become a true trader.....
niuyear ( Date: 07-Dec-2011 16:00) Posted:
Certainly its not free - cos your advice are based on your losses from your own pocket every day.........lol !!
Isolator ( Date: 07-Dec-2011 14:13) Posted:
Advise is not free..... lol |
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Certainly its not free - cos your advice are based on your losses from your own pocket every day.........lol !!
Isolator ( Date: 07-Dec-2011 14:13) Posted:
Advise is not free..... lol |
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Plse stop giving your dump advice.
iPunter ( Date: 07-Dec-2011 14:19) Posted:
You must be dum dum not to understand what I posted..
It is a crystal clear and rational statement ...
niuyear ( Date: 07-Dec-2011 12:09) Posted:
Want to give advice : ga ga say - like $2.00 or $3.00.
Dont give advice that " niether here nor there" , " can be this can be that" - misleading |
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It is up to you to "
ga-ga jeep" .
I had always maintained that in stocks, "
all is betting" ...
So you can "
ga-ga" (decisively) place your bet,
to short or long, according to your own reckoning...
iPunter ( Date: 07-Dec-2011 14:19) Posted:
You must be dum dum not to understand what I posted..
It is a crystal clear and rational statement ...
niuyear ( Date: 07-Dec-2011 12:09) Posted:
Want to give advice : ga ga say - like $2.00 or $3.00.
Dont give advice that " niether here nor there" , " can be this can be that" - misleading |
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