Angcheek Hypersonic March 18, 2020 Share March 18, 2020 😪 ↡ Advertisement 1 1 Link to post Share on other sites More sharing options...
Angcheek Hypersonic March 18, 2020 Share March 18, 2020 Cheap petrol coming ?😄 2 2 Link to post Share on other sites More sharing options...
Vegas Turbocharged March 18, 2020 Share March 18, 2020 Just now, Angcheek said: Cheap petrol coming ?😄 we are lucky if they dun add additional taxes when oil price down... that happened a few years back.. 44c / l 1 Link to post Share on other sites More sharing options...
Angcheek Hypersonic March 18, 2020 Share March 18, 2020 2 minutes ago, Vegas said: we are lucky if they dun add additional taxes when oil price down... that happened a few years back.. 44c / l I know its too good to be true ... we will just get milked😄 2 3 Link to post Share on other sites More sharing options...
Throttle2 Supersonic March 18, 2020 Share March 18, 2020 (edited) The only right thing to do now is to reduce those taxes on oil so that pump prices can reflect more of the current situation. if petrol prices drop by eg. 50cts across the board, that could instantly take some hardship off businesses and the public. It would then spur some spending activities in the economy to work the multiplier effect Edited March 18, 2020 by Throttle2 Link to post Share on other sites More sharing options...
Volvobrick Supersonic March 18, 2020 Share March 18, 2020 1 hour ago, Throttle2 said: The only right thing to do now is to reduce those taxes on oil so that pump prices can reflect more of the current situation. if petrol prices drop by eg. 50cts across the board, that could instantly take some hardship off businesses and the public. It would then spur some spending activities in the economy to work the multiplier effect They need billions of fundings for the Corona fight, while GST, fuel duties etc collections are coming down due to reduced economic activities. If fuel duties are not up by 10 cents, we must "secretly laugh" liao.... Meanwhile today everything lao sai except USD. AUD dropped below 83 cents to SGD, Brent at USD25.... The whole world seems to be collapsing with pure fear and panic. 1 Link to post Share on other sites More sharing options...
Cauldron 6th Gear March 18, 2020 Share March 18, 2020 (edited) Time to break open the piggy bank. Hope the size of reserve is not too affected. How cpf can still pay out existing rates will be challenging Edited March 18, 2020 by Cauldron 1 Link to post Share on other sites More sharing options...
Matoonia 6th Gear March 18, 2020 Share March 18, 2020 https://www.cnbc.com/2020/03/18/nyse-to-temporarily-close-trading-floor-move-to-electronic-trading-because-of-coronavirus.html The New York Stock Exchange said starting March 23, it will temporarily close its historic trading floor and move fully to electronic trading. The move came after two people tested positive for coronavirus infection at screenings it had set up this week. The entrants were stopped at the medical screenings at the Big Board. Link to post Share on other sites More sharing options...
Albeniz Turbocharged March 19, 2020 Share March 19, 2020 6 hours ago, Volvobrick said: They need billions of fundings for the Corona fight, while GST, fuel duties etc collections are coming down due to reduced economic activities. If fuel duties are not up by 10 cents, we must "secretly laugh" liao.... Meanwhile today everything lao sai except USD. AUD dropped below 83 cents to SGD, Brent at USD25.... The whole world seems to be collapsing with pure fear and panic. Forex is too choppy at the moment. Stay by the side and watch instead. Change in 1000 pips within a few days were seen recently. 1 Link to post Share on other sites More sharing options...
TangoCharlie Supersonic March 19, 2020 Share March 19, 2020 5 hours ago, Cauldron said: Time to break open the piggy bank. Hope the size of reserve is not too affected. How cpf can still pay out existing rates will be challenging It's the last thing I would be worried about. much to do with politics and financial standing of SG bonds. Link to post Share on other sites More sharing options...
Enye Hypersonic March 19, 2020 Share March 19, 2020 wah...sats $3 liao 😱 which mcfer is buying? 😬 Link to post Share on other sites More sharing options...
Throttle2 Supersonic March 19, 2020 Share March 19, 2020 8 hours ago, Volvobrick said: They need billions of fundings for the Corona fight, while GST, fuel duties etc collections are coming down due to reduced economic activities. If fuel duties are not up by 10 cents, we must "secretly laugh" liao.... Meanwhile today everything lao sai except USD. AUD dropped below 83 cents to SGD, Brent at USD25.... The whole world seems to be collapsing with pure fear and panic. They do hv billions. And thats what we have been saving for....unless.... moreover as mentioned, never underestimate the multiplier effect of money. Cheaper pump prices can maintain economic activity or even spur it during such times. More needs to be done instead of giving stupid GST credits. 1 Link to post Share on other sites More sharing options...
Enye Hypersonic March 19, 2020 Share March 19, 2020 depends how much cash they holding bah most of reserves are probably also in some looooong term investment globally if liquidate at this time to fund a comprehensive rescue program will add to collapse 😬 Link to post Share on other sites More sharing options...
TangoCharlie Supersonic March 19, 2020 Share March 19, 2020 US history. Still reading through the comments to get a sense of how Americans feel. It's a slugfest, bear is winning though. Bull is not yielding without a fight. Every round, there a knockdown either way. https://seekingalpha.com/article/4332684-going-to-try-to-calm-you-down Link to post Share on other sites More sharing options...
Piyopico Supercharged March 19, 2020 Share March 19, 2020 Will buy some if my target price is reached. Genting - 50cents Netlink - 80 cents Singtel - $2.20 🤣 1 Link to post Share on other sites More sharing options...
Ody_2004 Turbocharged March 19, 2020 Share March 19, 2020 2 minutes ago, Piyopico said: Will buy some if my target price is reached. Genting - 50cents Netlink - 80 cents Singtel - $2.20 🤣 Genting i oso at 50 cents! whahahahhaa.. but small lah Singtel i not too sure.. unless they go into new mkt.. Link to post Share on other sites More sharing options...
Matoonia 6th Gear March 19, 2020 Share March 19, 2020 Wow SIA gg to break $6, SATS alrdy broke $3 at $2.80 now, OCBC gg to break $8, Genting gg to break 50c.. Link to post Share on other sites More sharing options...
Throttle2 Supersonic March 19, 2020 Share March 19, 2020 15 minutes ago, Piyopico said: Will buy some if my target price is reached. Genting - 50cents Netlink - 80 cents Singtel - $2.20 🤣 Good, dont chicken out when that happens ↡ Advertisement 1 1 Link to post Share on other sites More sharing options...
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