what so big deal about 12 millions?? do u know that this year downturn and upturn surge in stock have created a few millionaires within a year, look at those banks shares, wow! i thot i told someone to buy it. Me only become a thousandaire.
Very simply put it, if the shares will to go further when i brought using my grandma name for tax evasion at $6 and now $16, i would have nothing to say about it. In Feb, all these banks blue chips are at discount offered prices, now you ask me to buy back, i would have to think twice, so there is risk in everything we do.
Singapore adopt an open economy and financial system, you go into an investment with your eyes open, and nobody asked you to sign, anyone above the legal age of 21 years old is liable to death sentence as all are consider as adult who knows how to think and care for themselves. No one put a bloody damn gun on your head. If you are greedy, you take the highest risk, that come with the highest gain, as said, no pain, no gain.
The financial insitution such as GE, AIA or banks have all the right to not to pay any single cents base on your decision to invest, what makes them pay back and pay a little bit back is totally out of image, image for the banks and the insitutions, image for trust, image for long term business customer satisfaction and more importantly image for the public. Hope you understand Uncle.
Me take breakfast first...STI goes up again..wow! oil price also up..alamah!
wow all up good good
properties prices up up also
!!!!
bubbly times soon, becareful.
Originally posted by angel7030:
what so big deal about 12 millions?? do u know that this year downturn and upturn surge in stock have created a few millionaires within a year, look at those banks shares, wow! i thot i told someone to buy it. Me only become a thousandaire.
Another routine morning ritual with your display of incontinence ?
Did you read the text in your sleepy drunken stupor ?
Are we talking about the creation of the millionaires ?
Are you making any connect to what was written or are you out here again with your useless flippant comments to derail the thread ?
Should we have any emotional connect to your status being "a thousandaire" when you have no pity for those who lost their entire savings in toxic bonds offered by the various Financial Institutions that FAILED in their professional responsibility by NOT classifying the bonds based on the guidelines by the Monetary Authority of Singapore ?
Very simply put it, if the shares will to go further when i brought using my grandma name for tax evasion at $6 and now $16, i would have nothing to say about it. In Feb, all these banks blue chips are at discount offered prices, now you ask me to buy back, i would have to think twice, so there is risk in everything we do.
If you have the benefit of hindsight, why do you stop at February 2009 ?
Should you not look further back to 2008 - when some of the Banks were registering share prices of over $19.00 per share ?.
With your attitude to stomach risks, why have any regrets in not committing in February whatever rubbish you are regretting now ?
This is the kind of morning brilliance in the rubbish that you throw out each morning coming back from your Bar.
Singapore adopt an open economy and financial system, you go into an investment with your eyes open, and nobody asked you to sign, anyone above the legal age of 21 years old is liable to death sentence as all are consider as adult who knows how to think and care for themselves. No one put a bloody damn gun on your head. If you are greedy, you take the highest risk, that come with the highest gain, as said, no pain, no gain.
Read the text again - it specifically refer to investments made in products that are marketed by Financial Institutions, and do not make any reference to investments made in the Stock Exchange.
Are you not responsible for the quality of the alcohol and women that you sell in your Bar to the customers who are supposed to be above 21 years old ?
The financial insitution such as GE, AIA or banks have all the right to not to pay any single cents base on your decision to invest, what makes them pay back and pay a little bit back is totally out of image, image for the banks and the insitutions, image for trust, image for long term business customer satisfaction and more importantly image for the public. Hope you understand Uncle.
If one voluntarily offer to be a partner in your Bar, one will not hold you responsible as one will be expected to check your books and satisfy oneself with the quality of your business before investments.
However, if you were to fix your books and window dress your business to hide all the skeletons, and market your business to attract investors to recoup on your losses - are you not committing a criminal act ?
Are you not expected to make a refund ?
Me take breakfast first...STI goes up again..wow! oil price also up..alamah!
Yes, eat less - so we do not have to suffer your routine ritual in a repeat display of your incontinence in the later half of the day.
Originally posted by Atobe:
Another routine morning ritual with your display of incontinence ?
Did you read the text in your sleepy drunken stupor ?
Are we talking about the creation of the millionaires ?
Are you making any connect to what was written or are you out here again with your useless flippant comments to derail the thread ?
Should we have any emotional connect to your status being "a thousandaire" when you have no pity for those who lost their entire savings in toxic bonds offered by the various Financial Institutions that FAILED in their professional responsibility by NOT classifying the bonds based on the guidelines by the Monetary Authority of Singapore ?
If you have the benefit of hindsight, why do you stop at February 2009 ?
Should you not look further back to 2008 - when some of the Banks were registering share prices of over $19.00 per share ?.
With your attitude to stomach risks, why have any regrets in not committing in February whatever rubbish you are regretting now ?
This is the kind of morning brilliance in the rubbish that you throw out each morning coming back from your Bar.
Read the text again - it specifically refer to investments made in products that are marketed by Financial Institutions, and do not make any reference to investments made in the Stock Exchange.
Are you not responsible for the quality of the alcohol and women that you sell in your Bar to the customers who are supposed to be above 21 years old ?
If one voluntarily offer to be a partner in your Bar, one will not hold you responsible as one will be expected to check your books and satisfy oneself with the quality of your business before investments.
However, if you were to fix your books and window dress your business to hide all the skeletons, and market your business to attract investors to recoup on your losses - are you not committing a criminal act ?
Are you not expected to make a refund ?
Yes, eat less - so we do not have to suffer your routine ritual in a repeat display of your incontinence in the later half of the day.
Pity them??? So when they gain, who pity you and me??? You cannot look into investment as something to be pity about, you got extra cash , you invest, if not, just be a layman at coffee shop, it ok, no harm, no sacre, and a day passed.
These are not childhood monopoly game ok, it an real adult investment, you want to gain more money, you take the higher risk, and when you gain, you enjoyed and keep so silent, but when you lost, you make helluva noises, ok, so the banks and institutions decided to pay you back a token of appreciation and sympathy just to show a caring customer image and for the sake of their business names in this market of an ongoing concern.
Anyone wish to be my partner, so be it, get lawyer, we put it in on black and white, seal, stamped and chopped, become our business bible on terms and conditions. If you want to tk a peek on the account book, just make sure you put enought share in it to qualify to view it, otherwise and minority shareholders, you just seat and wait for durian to drop ya
Originally posted by angel7030:
Pity them??? So when they gain, who pity you and me??? You cannot look into investment as something to be pity about, you got extra cash , you invest, if not, just be a layman at coffee shop, it ok, no harm, no sacre, and a day passed.
Does your argument matter when you do not even understand the printed words but prefer to misdirect your arguments in your usual flippant ways ?
Great Eastern Life has shown more conscience then you have or even know what compassion is about.
Yes, be a layman - be a fallen angel and continue to get worn out Singaporeans to lay you and your girls at your Bar - you will certainly explain to yourself with justification that the practice do no harm to your pocket.
These are not childhood monopoly game ok, it an real adult investment, you want to gain more money, you take the higher risk, and when you gain, you enjoyed and keep so silent, but when you lost, you make helluva noises, ok, so the banks and institutions decided to pay you back a token of appreciation and sympathy just to show a caring customer image and for the sake of their business names in this market of an ongoing concern.
Read the text again.
The investment program was wrongly classified and was against the guidelines issued by the Monetary Authority of Singapore.
The management of the Financial Institution should have exercised their fiduciary responsibility to Singaporean Investors in making the correct professional advise when their product was packaged and marketed with wrong information.
The Financial Institutions were penalised and their license were suspended by MAS.
Why did the MAS not impose any ruling to have the Financial Institution make restitution to the Singaporean Investors ?
Why only suspend the license when the manner in which the toxic products were packaged and marketed had bordered criminal acts ?
Anyone wish to be my partner, so be it, get lawyer, we put it in on black and white, seal, stamped and chopped, become our business bible on terms and conditions. If you want to tk a peek on the account book, just make sure you put enought share in it to qualify to view it, otherwise and minority shareholders, you just seat and wait for durian to drop ya
This clearly shows your immature and inexperience in partnership arrangements.
Go back and make more studies before you attempt to display your ignorance.
Am I dealing with a chimp pretending to be an angel ?
No wonder the chimp is supporting the Peanut Asking Party.
Originally posted by Atobe:
Does your argument matter when you do not even understand the printed words but prefer to misdirect your arguments in your usual flippant ways ?
Great Eastern Life has shown more conscience then you have or even know what compassion is about.
Yes, be a layman - be a fallen angel and continue to get worn out Singaporeans to lay you and your girls at your Bar - you will certainly explain to yourself with justification that the practice do no harm to your pocket.
Read the text again.
The investment program was wrongly classified and was against the guidelines issued by the Monetary Authority of Singapore.
The management of the Financial Institution should have exercised their fiduciary responsibility to Singaporean Investors in making the correct professional advise when their product was packaged and marketed with wrong information.
The Financial Institutions were penalised and their license were suspended by MAS.
Why did the MAS not impose any ruling to have the Financial Institution make restitution to the Singaporean Investors ?
Why only suspend the license when the manner in which the toxic products were packaged and marketed had bordered criminal acts ?
This clearly shows your immature and inexperience in partnership arrangements.
Go back and make more studies before you attempt to display your ignorance.
Am I dealing with a chimp pretending to be an angel ?
No wonder the chimp is supporting the Peanut Asking Party.
huh, you think Great Eastern is so great about giving money back and not even the exact amount, look at it carefully lah, dun just listen to state media and blur your vision and thinking.
MAS cannot foreseen so many flaws in a financial market especially a busy one as ours, just like a traffic police, he knows the laws but he cannot catch every speedy motorist on the road.
GE has shareholders to answer and public to oblige to, it is a subsidary of OCBC, it rather own up/surrender it mistake to the authority and give back the amount than get booed off when someone start to complain and make MAS dig into the problem ending up with the Chairman of OCBC going to court which will be detrimental to OCBC and GE as a whole. YOU understand or not?? please be more clever lah.
Originally posted by angel7030:
huh, you think Great Eastern is so great about giving money back and not even the exact amount, look at it carefully lah, dun just listen to state media and blur your vision and thinking.
Do you even know the exact numbers involved ?
Do you even know how to read what has been posted with your blurred brain in a constant state of drunken sleepy stupor ?
MAS cannot foreseen so many flaws in a financial market especially a busy one as ours, just like a traffic police, he knows the laws but he cannot catch every speedy motorist on the road.
Does MAS need a fallen angel to make all these embarrassing excuses ?
Leave the Traffic Cops alone, they know how to catch the speeding motorists, can you find a speedy one for them to catch ?
Or perhaps you prefer to have the police to leave the rapist alone, instead of missing the ecstasy that you prefer to seek but cannot find by yourself ?
GE has shareholders to answer and public to oblige to, it is a subsidary of OCBC, it rather own up/surrender it mistake to the authority and give back the amount than get booed off when someone start to complain and make MAS dig into the problem ending up with the Chairman of OCBC going to court which will be detrimental to OCBC and GE as a whole. YOU understand or not?? please be more clever lah.
Did you not ridicule GE in your opening statement ?
Did you now decide to appreciate the gesture by GE to repay the investors ?
Was it an obligation to the public ?
You must be still too drunk in a sleepy stupor to miss out that the Chairman of OCBC will get any investigation from the MAS.
If at all, GE Life has to make reimbursement as it is a subsidiary of OCBC, whose Chairman is Dr Tony Tan - and the matter is simply politically too embarrassing for the PAP Leadership, which Dr Tan is the Chairman of the PAP CEC.
Originally posted by Atobe:
Do you even know the exact numbers involved ?
Do you even know how to read what has been posted with your blurred brain in a constant state of drunken sleepy stupor ?
Does MAS need a fallen angel to make all these embarrassing excuses ?
Leave the Traffic Cops alone, they know how to catch the speeding motorists, can you find a speedy one for them to catch ?
Or perhaps you prefer to have the police to leave the rapist alone, instead of missing the ecstasy that you prefer to seek but cannot find by yourself ?
Did you not ridicule GE in your opening statement ?
Did you now decide to appreciate the gesture by GE to repay the investors ?
Was it an obligation to the public ?
You must be still too drunk in a sleepy stupor to miss out that the Chairman of OCBC will get any investigation from the MAS.
If at all, GE Life has to make reimbursement as it is a subsidiary of OCBC, whose Chairman is Dr Tony Tan - and the matter is simply politically too embarrassing for the PAP Leadership, which Dr Tan is the Chairman of the PAP CEC.
So, if GE dun wish to pay back, what are the investors going to do?? Let me tell you lah, my dearest Uncle, if this year is not an election year, they dun even bother to give a single cents back.
And do you think that the agents really commissioned 12 millions? Use your north hemisphere to think hor, u yourself used to say, state media, dun read it, and you are quoting them to prove your point...State media ok, can twist and turn hor.