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The BillyB, Aster & JR8 roundtable!

Discuss about the latest news & interesting topics, real life experience or other out of topic discussions with locals & expatriates in Singapore.

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Postby JR8 » Mon, 23 May 2011 2:58 pm

Ah yes I see. Also I had not realised the LI deal was a minimal float via private placement. Opaque.

I like this new metric 'Share Buyer Stupidity'. Is the BBG screen LI US <Eqty> SBS? :)

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Postby BillyB » Mon, 23 May 2011 3:30 pm

JR8 wrote:Ah yes I see. Also I had not realised the LI deal was a minimal float via private placement. Opaque.

I like this new metric 'Share Buyer Stupidity'. Is the BBG screen LI US <Eqty> SBS? :)


Ha ha!! LNKD should really be tweaked to WANK:US (OFF) and listed under <greed> or <gullible>, and the shortcut accessed not by the keyboard, but by banging your head against the terminal say 10 times!!

Great site for being nosey and seeing what your old classmates are up to though!!

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Postby JR8 » Mon, 23 May 2011 3:35 pm

BillyB wrote:
JR8 wrote:Ah yes I see. Also I had not realised the LI deal was a minimal float via private placement. Opaque.

I like this new metric 'Share Buyer Stupidity'. Is the BBG screen LI US <Eqty> SBS? :)


Ha ha!! LNKD should really be tweaked to WANK:US (OFF) and listed under <greed> or <gullible>, and the shortcut accessed not by the keyboard, but by banging your head against the terminal say 10 times!!

Great site for being nosey and seeing what your old classmates are up to though!!



Ooh la la! :lol:

I've only ever looked at LI a couple of times, via Googling prospective tenants...

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Postby JR8 » Mon, 23 May 2011 3:39 pm

I see Italy has been put on S&Ps credit watch-list as negative.

Is PIGS becoming PIIGS...

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Postby BillyB » Mon, 23 May 2011 5:16 pm

JR8 wrote:I see Italy has been put on S&Ps credit watch-list as negative.

Is PIGS becoming PIIGS...


Do you think they could end up making something like PIGI'S CAN FLY if the Euro goes seriously tits up?!

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Postby aster » Mon, 23 May 2011 5:22 pm

Doesn't Italy have a massive debt on its back? The last time I checked they weren't too far off the pace compared to major title-contenders such as Greece... :)

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Postby JR8 » Mon, 23 May 2011 5:42 pm

BillyB wrote:
JR8 wrote:I see Italy has been put on S&Ps credit watch-list as negative.

Is PIGS becoming PIIGS...


Do you think they could end up making something like PIGI'S CAN FLY if the Euro goes seriously tits up?!


Yeah, the name of their new currency. Like 'makin' bacon'... bwahahaha

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Postby BillyB » Mon, 23 May 2011 6:15 pm

aster wrote:Doesn't Italy have a massive debt on its back? The last time I checked they weren't too far off the pace compared to major title-contenders such as Greece... :)


Hey Aster, on a side note. Do you know of a thread or could share your advice that goes one step further than your airmiles post and compares the best SG credit cards across more general things like groceries, events, cashback, coffee shop discounts, international spend etc.

I haven't used CC's for years - only corporate and AMEX - and wouldn't know where to start. But my GF keeps telling me that there are all sorts of good benefits from holding multiple cards in SG.

You seem like a bit of a guru on this so would appreciate your input.

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Postby JR8 » Tue, 24 May 2011 5:10 am

Oh... dear.



----------------------------------
Global stock markets fall as Spain default fears grow
Escalating fears about Europe's debt crisis hit markets around the world, as the Spanish government's battering at the hands of its voters stoked investors' doubts as to whether Madrid will be able to carry out their painful spending cuts as planned.
http://www.telegraph.co.uk/finance/econ ... -grow.html

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Postby JR8 » Thu, 26 May 2011 6:31 am

Oh dear....

-----------------
It's ever more obvious, Greece must leave the euro
http://www.telegraph.co.uk/finance/comm ... -euro.html

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Postby Strong Eagle » Thu, 26 May 2011 12:05 pm

JR8 wrote:Oh dear....

-----------------
It's ever more obvious, Greece must leave the euro
http://www.telegraph.co.uk/finance/comm ... -euro.html


The article is right on the money, I am afraid.

The challenge is not dissimilar to the one faced by the UK, which has also borrowed to spend. Only in the UK, devaluation provides a relatively painless way back to current account surplus and again paying our way in the world. There's no such get out of jail card for the GIPS.


That says it all right there.

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Postby BillyB » Thu, 26 May 2011 2:24 pm

Have a look on bloomberg today. There is an article about china buying up Greek debt to prop up the Euro. China could be Greece's white knight!!

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Postby JR8 » Thu, 26 May 2011 5:00 pm

This one?

http://www.bloomberg.com/news/2011-05-2 ... pread.html

Hmmm, interesting. Unlike those within the EU it is not being done as compulsory charity.

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Postby BillyB » Thu, 26 May 2011 5:17 pm

Try this one Delia. Just re-hashed on the news.

http://buswk.co/krNt1g

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Postby JR8 » Thu, 26 May 2011 5:33 pm

Thanks Nigella.

ps. Nice baps by the way :wink:


pps Evidence seems a bit thin.... it seems to be speculation from the head of the euro bail-out fund.... so no vested interest in talking up their hand at all eh?


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