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Semb Corp Industries Lingered at S$4.8x

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I was thinking maybe it would go down to S$4.7x, well it did but the lowest was S$4.79. Then something else caught my eye, I saw SATS at S$3.11, was thinking maybe I should get 1 lot since they are going to give out a S$100 dividend in Aug 2013, and I was busy at work, came back and bam, S$3.20, what the heck. Anyway, the federal stimulus thing is really annoying, I think the fed people wanted to stop the stimulus because the US economy is improving, it's like taking life support off a person who no longer needs it, which sounds like a good idea, but it's a bad idea to the stock market so that's why most investors reacted negatively to that and caused most markets to tumble. I don't know why but I keep getting the feeling that it's mostly american investors that are selling off stocks, I think by the time they finish with their selling, it would be a good time to buy, which I don't know when. I'll see how, I have the cash now, I can take my own sweet ti

Should I Buy Stocks With My Spare Cash Now?

Nowadays the market seems to always close low, seems like a good chance to buy, I am especially looking at Semb Corp Industries, since I bought 1 lot at S$5.15 earlier, it's been devaluing and today it close at S$4.80, seems like a good chance to average down. I think I can spare S$5000, maybe I should start queuing tomorrow, maybe aim at S$4.70.

Got a Great Bonus and Increment

I was expecting at most 2 months of bonus and 3% salary increment, and I got 3.2 months of bonus and 5.4% increment instead. Our company had a good financial year, and I think it's really nice of them to give back to employees. I also think it's nice of them to answer the government's call to increase employees salary, although I don't really fall under the low-income bracket, but I have my wife dependent on me, furthermore she's now pregnant, and she's a foreigner so everything is going to be very costly. I was still worrying about the coming medical bills so this big "ang pao" is really going to help. Finally a load off my mind, I think I can focus more on my job, it's not easy having to worry about things at work and at home. And since I have 1.2 months extra, probably see what stock I can get with it, always invest the extra cash!

Indonesia Says Singapore Behaving Like a Child Over Haze

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I woke up this morning and it's back, checked the PSI reading and it's 292. Yesterday night was ok, back to the 100 mark, wonder what happened this morning while I was asleep. I checked the news and saw this article heading that can seriously piss off any Singaporean. Source Indonesia says S'pore 'behaving like a child' over haze "Singapore should not be behaving like a child and making all this noise," Agung Laksono, the minister who is coordinating Indonesia's response to the haze crisis, told reporters in Jakarta. "This is not what the Indonesian nation wants, it is because of nature." The minister for people's welfare also said Jakarta would reject any offer of financial aid from Singapore unless it was a large amount. "Unless (Singapore) wants to give us a large amount, we won't consider accepting it," he said. "If it is only half a million, or one million dollars, we don't need that. We would rather

Didn't Get Any Notice to Pay Income Tax

I remember last year around the month of May, I received a notice to make payment for income tax but this year, it's already June and I haven't got any notice. I just logged into mytax.iras.gov.sg and I can see that my income tax is S$0.00, which is good. Last year I paid about S$117 or S$107, can't remember. It was annoying because I already paid so much GST, transport hikes, price inflation of goods, just about the price of everything went up last year. I wish my salary can grow as fast as our inflation but it will never happen, never ever, that's why everybody is complaining. I think the biggest inflation is at housing and cars. Now that they have changed the loan rules, cars have suddenly become unaffordable for many people, but I think it's ok because Singapore is not a big place, it's very possible to get around without a car, but note that it's not because our public transport system is awesome, it's simply because Singapore is tiny. If you put

Too Hazy, No Mood to Post...

Sigh, when will it ever end... at first it's still kind of interesting, we haven't got any big thing going on for a while so the record-breaking haze was really quite fresh, but it gets really irritating fast, my eyes feel so dry, I had to try to breathe as little as possible, maybe a mask would help but still it hurts my eyes. At least rain a bit...

Singapore Urged Indonesia to Provide Company Names That Allow Slash-And-Burn Farming

Yesterday I read on a blog or Facebook post, can't remember where but it was saying that Indonesia was blaming Singapore and Malaysia for the haze, they were saying that it was companies from both countries which started the fires due to slash-and-burn practice in farming. The following news seems to prove what I read was right because I thought it was ridiculous to blame other countries for fires in their own country, I thought it was just another troll post because it sounds so stupid. Source Singapore's worst air pollution sparks tension Updated  2013-06-19 16:53:36 Singapore's worst air pollution in 16 years sparked diplomatic tension on Tuesday, as the city-state urged Indonesia to provide data on company names and concession maps to enable it to act against plantation firms that allow slash-and-burn farming. Don't you think it's stupid? Even if it was companies from other countries which started the fires, they are still within Indonesia's legis

PSI Reading Flew Through The Roof!

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What the heck! 290! A bicycle almost ran into me when I was walking home just now, vision is poor, my eyes felt dry and irritated, I think everyone out there feels the same. Oh no... I am very curious what is going on in Sumatra, for such a high reading, what exactly is the damage? Let's see if I can find anything... PSI and PM2.5 Readings 3-hour PSI Readings from 12AM to 12AM on 19 Jun 2013 Time 12AM 1AM 2AM 3AM 4AM 5AM 6AM 7AM 8AM 9AM 10AM 11AM 3-hr PSI 134 - - - - - 77 78 80 84 91 103 Time 12PM 1PM 2PM 3PM 4PM 5PM 6PM 7PM 8PM 9PM 10PM 11PM 3-hr PSI 124 152 170 172 158 146 144 161 190 290 - - Hourly updates of 3-hr PSI readings are provided from 6am to 12midnight. The 3hr PSI readings are calculated based on PM10 concentrations only. - See more at: http://app2.nea.gov.sg/anti-pollution-radiation-protection/air-pollution/psi/psi-and-pm2-5-readings#sthash.UjfZdrk1.dpuf I managed to find this satelite image from Meteorological Service Singapore website, it wa

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