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ExpatSingapore Message Board 27 May 2012, 14:44:02 pm *
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Author Topic: cutting and running  (Read 2159 times)
aaaaaa
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« Reply #15 on: 10 July 2008, 10:22:08 am »
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Quote from: chaos theory on 10 July 2008, 10:19:03 am
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Fraser Centrepoint just spent SGD 80m on Allco's stake. Are they expecting the crash you're predicting

Yes Fraser Centrepoint were predicting the crash, thats why they bought the shares at 42% discount to to their December valuation.

I call a 42% discount a crash. There is no doubt that Allco exited this investment because it was a stress sale.

But if you look around thats the market at the momment at the top end. Everyone is retiring debt and moving to cash.

You can interprete the news in whichever way you want to see it as long as it makes you feel good. Life is short and harsh and we have to indulge in some make believe to retain our sanity
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« Reply #15 on: 10 July 2008, 10:22:08 am »
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chaos theory
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« Reply #16 on: 10 July 2008, 10:31:17 am »
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You can interprete the news in whichever way you want to see it as long as it makes you feel good. Life is short and harsh and we have to indulge in some make believe to retain our sanity

sanity = reality

What that most people here are doing here is sharing information and commenting on the investment situation. In this case I have just stated a fact that a foreign firm has exited the Singapore property market at a 42% discount of THEIR valuation of the asset in December.
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Treat every resource as if it is your last. Then share it.
Ha Ha Ha Ha
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« Reply #17 on: 10 July 2008, 10:34:03 am »
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Quote from: chaos theory on 10 July 2008, 10:31:17 am
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You can interprete the news in whichever way you want to see it as long as it makes you feel good. Life is short and harsh and we have to indulge in some make believe to retain our sanity

sanity = reality

What that most people here are doing here is sharing information and commenting on the investment situation. In this case I have just stated a fact that a foreign firm has exited the Singapore property market at a 42% discount of THEIR valuation of the asset in December.



sanity - being sane.
Retain sanity = do not become mad if prices do not crash
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no matter
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« Reply #18 on: 10 July 2008, 10:36:13 am »
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how many "ha ha ha ha" you do it does not change anything. Property prices have started to fall.
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Ha Ha Ha Ha
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« Reply #19 on: 10 July 2008, 10:40:32 am »
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Quote from: no matter on 10 July 2008, 10:36:13 am
how many "ha ha ha ha" you do it does not change anything. Property prices have started to fall.

I am happy they are falling - Takes the froth out of the market after a 100% bull run.
I sincerely hope you get your dream condo though posting here is not going to make any difference
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