Volvobrick Supersonic May 4, 2020 Share May 4, 2020 6 hours ago, Albeniz said: Warren Buffet is selling his airline stakes, holding cash and staying on the sidelines. Guess who is pumping big big money into a particular airline? ↡ Advertisement 2 Link to post Share on other sites More sharing options...
Albeniz Turbocharged May 4, 2020 Share May 4, 2020 2 minutes ago, Volvobrick said: Guess who is pumping big big money into a particular airline? Errrr? 3 Link to post Share on other sites More sharing options...
Cauldron 6th Gear May 4, 2020 Share May 4, 2020 7 minutes ago, Volvobrick said: Guess who is pumping big big money into a particular airline? This one no choice. T5 is coming up. Hub concept, spike and spoke. Seriously I think with the range of modern aircraft, can easily move to lower cost points. Anyway good luck to stake holder, really hard to earn back after this episode. Sia considering sell and lease back concept. https://simpleflying.com/singapore-aircraft-sale-leaseback-consider/ 1 Link to post Share on other sites More sharing options...
Ody_2004 Turbocharged May 4, 2020 Share May 4, 2020 12 minutes ago, Cauldron said: Sia considering sell and lease back concept. Right move i feel.. Since oredi so pain.. must well book all losses now so "recovery" be sooner Link to post Share on other sites More sharing options...
Throttle2 Supersonic May 4, 2020 Share May 4, 2020 53 minutes ago, Windwaver said: Is this the Sovereign woman? if this was just taken and no mask again means she has not learned her lesson. or the lesson was not taught. Will that MP or SPF care to share again Link to post Share on other sites More sharing options...
Albeniz Turbocharged May 4, 2020 Share May 4, 2020 4 minutes ago, Ody_2004 said: Right move i feel.. Since oredi so pain.. must well book all losses now so "recovery" be sooner Yes, the pain is REAL and there is no way it can be ignored. We shall let TIME do whatever it needs to do. By the way, 時間不會讓你不痛, 但是時間可以讓我們慢慢地習慣了痛. 2 Link to post Share on other sites More sharing options...
sti2020 2nd Gear May 4, 2020 Share May 4, 2020 futures red , this week is not looking good 😅 1 Link to post Share on other sites More sharing options...
minion 4th Gear May 5, 2020 Share May 5, 2020 https://asia.nikkei.com/Business/Companies/China-s-state-owned-giants-say-farewell-to-Hong-Kong-listings More to cum Link to post Share on other sites More sharing options...
Ash2017 Twincharged May 5, 2020 Share May 5, 2020 This time round, it becomes too difficult to even predict tomorrow in the financial market. It has had been too manipulated. In "normal" situations, too big to fail don't really exist, pumping into the economy US$2 pus trillion on borrowed money, bailing out companies (governments eg SIA), governments around the world throwing money at their citizens even before the crisis happens etc. The fundamentals are bad as shown by this pandemic. Many things are changing or have changed. After employers realized staff can be as effective at home and it cost the company less (renting huge offices), aversion to travel because of lockdowns and the need to quarantine will take a significant time for the industry to turn around. Property will drop but how much nobody knows but will be significant. Currently we don't see that happening is because banks are allowing borrowers to differ mortgage payment from 6 months to a year. It is just kicking the can down the road for many. Inflation will increase from just the fact that food prices will be costlier to import. It defies gravity of logic. When social distancing has changed from encouraging to becoming law. NTUC Fairprice kicks in delivery and service fees. For those families who order online products with a total of less than $59, they would be slapped with a close to $9-10 surcharge. It is a cooperative, delivery business increases, NTUC employ more staff and this in turn reduces unemployment, etc. My personal take is the economy is worse than it seems. After all the hand-outs are exhausted, reality kicks in, those without swimming trunks will be exposed when the low tide comes. 5 1 Link to post Share on other sites More sharing options...
Ash2017 Twincharged May 5, 2020 Share May 5, 2020 19 hours ago, Sdf4786k said: National Development Minister Khaw Boon Wan touched on the measures in an entry on his blog yesterday, saying they ‘will further strengthen, stabilise and sustain our property market’. I cannot understand the logic. Citizens complain that property prices are too high and out of reach for many. Now that prices are going soft and be advantageous to especially first time buyers, why the need to stabiles and sustain our property market. In doing so, only profit, the development, those who make a living buying and selling properties and property investors. End users are disadvantaged. Why? When property prices are going up. Developers keep testing new highs of per square feet. Our authorities just add new taxes which only increase cost to end users eg family grown and needed a bigger place to house several generation of family under one roof. 1 3 Link to post Share on other sites More sharing options...
Albeniz Turbocharged May 5, 2020 Share May 5, 2020 5 minutes ago, Ash2017 said: I cannot understand the logic. Citizens complain that property prices are too high and out of reach for many. Now that prices are going soft and be advantageous to especially first time buyers, why the need to stabiles and sustain our property market. In doing so, only profit, the development, those who make a living buying and selling properties and property investors. End users are disadvantaged. Why? When property prices are going up. Developers keep testing new highs of per square feet. Our authorities just add new taxes which only increase cost to end users eg family grown and needed a bigger place to house several generation of family under one roof. Yes, the housing price should be affordable. Our land price is such a killer and so expensive. It should be given to us at no cost. Have you ever wondered why must we serve? Because we LOVE our LAND and want it to be FREE, to be FREE, YA! 1 6 Link to post Share on other sites More sharing options...
Wt_know Supersonic May 5, 2020 Share May 5, 2020 12 minutes ago, Ash2017 said: I cannot understand the logic. Citizens complain that property prices are too high and out of reach for many. Now that prices are going soft and be advantageous to especially first time buyers, why the need to stabiles and sustain our property market. In doing so, only profit, the development, those who make a living buying and selling properties and property investors. End users are disadvantaged. Why? When property prices are going up. Developers keep testing new highs of per square feet. Our authorities just add new taxes which only increase cost to end users eg family grown and needed a bigger place to house several generation of family under one roof. of course must sustain ma else CDL will come out cry papa cry mama liao .... Link to post Share on other sites More sharing options...
noobcarbuyer 5th Gear May 5, 2020 Share May 5, 2020 10 minutes ago, Ash2017 said: I cannot understand the logic. Citizens complain that property prices are too high and out of reach for many. Now that prices are going soft and be advantageous to especially first time buyers, why the need to stabiles and sustain our property market. In doing so, only profit, the development, those who make a living buying and selling properties and property investors. End users are disadvantaged. Why? When property prices are going up. Developers keep testing new highs of per square feet. Our authorities just add new taxes which only increase cost to end users eg family grown and needed a bigger place to house several generation of family under one roof. The article that KBW was quoted in was written in December 2011. Back in 2011, the property market analysts thought that the sky was going to fall once further cooling measures were instituted. We all know what happened after that instead. Link to post Share on other sites More sharing options...
Sdf4786k Twincharged May 5, 2020 Share May 5, 2020 13 minutes ago, Ash2017 said: I cannot understand the logic. Citizens complain that property prices are too high and out of reach for many. Now that prices are going soft and be advantageous to especially first time buyers, why the need to stabiles and sustain our property market. In doing so, only profit, the development, those who make a living buying and selling properties and property investors. End users are disadvantaged. Why? When property prices are going up. Developers keep testing new highs of per square feet. Our authorities just add new taxes which only increase cost to end users eg family grown and needed a bigger place to house several generation of family under one roof. that was in 2011. I suppose MIW did the right thing. Prices were still escalating. Link to post Share on other sites More sharing options...
noobcarbuyer 5th Gear May 5, 2020 Share May 5, 2020 1 minute ago, Sdf4786k said: that was in 2011. I suppose MIW did the right thing. Prices were still escalating. Our private property market is quite undervalued thanks to the many rounds of cooling measures. Volume of sales transactions will drop but pricing will either remain resilient or may even creep up in the short term. Medium to Long term is anyone's guess. This is a recession unlike any other. Don't expect property to follow the rules of the past few recessions. Which could be a good or bad thing depending on perspective. 2 1 Link to post Share on other sites More sharing options...
Cauldron 6th Gear May 5, 2020 Share May 5, 2020 If only Median Wages had brisen in tandem: https://stats.mom.gov.sg/Pages/Income-Summary-Table.aspx In general, the next generations will really find it more expensive to own a roof over their head, dual income, max loan period, work for the bankers or HDB 2 Link to post Share on other sites More sharing options...
Enye Hypersonic May 5, 2020 Share May 5, 2020 wah...ah gong should just let overleveraged people and companies crash and burn instead of saving them if not, they will never learn and in next crisis, ah gong will need to spend even more reserves on them again while continuing to perpetuate debt driven wealth 😬 4 2 Link to post Share on other sites More sharing options...
Sdf4786k Twincharged May 5, 2020 Share May 5, 2020 (edited) 7 minutes ago, Cauldron said: If only Median Wages had brisen in tandem: https://stats.mom.gov.sg/Pages/Income-Summary-Table.aspx In general, the next generations will really find it more expensive to own a roof over their head, dual income, max loan period, work for the bankers or HDB well, in order to contain the middle-income gap and the have not, the influx of foreigners did curb the wage growth for local. May not be the best for everyone. But this was like another way of looking at things. Edited May 5, 2020 by Sdf4786k ↡ Advertisement Link to post Share on other sites More sharing options...
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