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Mercs: property news & updates


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On 2/2/2020 at 9:49 PM, Mercs said:

time to reduce as much exposure to stock market, dow big drop and looking to go further south. To reload at lower entry point foward with spare funds on standby for bargain entries. 

On 3/1/2020 at 11:11 PM, Mercs said:

"There is a time to buy, a time to sell and a time to sit tight. This is a time to sit tight"

On 3/10/2020 at 1:47 AM, Mercs said:

IMHO, now timing still not ripe yet to load, dun get caught on falling knife dead cat bounce 

 

 

As mentioned since early Feb ... another massive 10% drop  😉

 

 



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106437389-158395744138520200311_dow_daily_points.png

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https://www.straitstimes.com/business/companies-markets/feels-worse-than-the-global-financial-crisis-say-singapore-traders-of

Feels worse than the global financial crisis, say Singapore traders of stock rout

 

https://www.straitstimes.com/business/companies-markets/coronavirus-fuelled-trading-mania-a-boon-for-sgx

Coronavirus-fuelled trading mania a boon for SGX

 

https://www.straitstimes.com/business/banking/mas-says-it-stands-ready-to-ensure-the-stability-of-singapores-financial-system

MAS says it stands ready to ensure the stability of Singapore's financial system amid coronavirus spread

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https://sbr.com.sg/hr-education/news/m1-cuts-staff-company-ramps-digitalisation

M1 cuts staff as company ramps up digitalisation

 

"M1 has laid off about 50 of its employees as it ramps up its digitalisation push, the company stated.

The employees were informed of the change in February 2020. Half were offered roles with an outsourced vendor that works with the company"

 

https://sbr.com.sg/hr-education/news/unemployment-rate-widened-23-in-2019

Unemployment rate widened to 2.3% in 2019

MOM_2019_0.png

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11 hours ago, Mercs said:

 

https://www.99.co/blog/singapore/please-please-please-let-me-talk-you-out-of-that-900000-hdb-flat/

Please, please, please – let me talk you out of that $900,000 HDB flat

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2 hours ago, Showster said:

Cleverly worded advertisement leh... 

Haha, a new launch review can also be deem advert.

Take in any good points .... ignore the  'noise' 😛

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