Hi readers
It's amazing how when a merger hits the market the first thing the market does is run up thinking its will be great for the market.
The truth of this deal with Pfizer just came to light around noon US time and it was obvious that this is American accounting at its best.
Where is that money going to come from and who would loan out that much money for a company?
160 billion $US is over 50% of the Singapore economy.
Why not just buy a country and invoke your own rule of law with money like that!
But it's not going to pay a cent it's going to do it through tax minimisation..
So we are screwing the little people ( public tax payers)and we want them to buy our products?
I know it happen around the world and the Australian banks are the best at it too.
(I know this for a fact, friends at KPMG in Singapore do the routing).
That's why there currency exchange centres are here in Singapore.
This type of practise has to be stopped for the good of man kind.
Sure governments around the world aren't the best at spending our taxes wisely I get that.
But we can keep screwing the public for the benefit of a few.
This transaction should not be allowed to proceed regardless of who is in office.
Yes as I said before AMERICAN ACCOUNTING, it's obvious they haven't learnt a darn thing from the past, and this is only going to fuel more sexy accounting mergers.
I'd previously posted (moons ago) that blue chip companies that don't pay at least 60-70% of there profits in dividends are suspect accounting and raise caution flags for me.
The one good thing that Australia does have is that this happens and therefore there numbers are true.
In the US very few pay out serious dividends, that's why its buyer beware.
I understand that it's designed for the buy and sell traders to tax the earnings but there are times where you want to hold good stocks for years, and earn a small income from it .
In trading
I got worried yesterday and was about to cut the trades out before I thought otherwise, checked the astrology and stayed put.
Still holding all positions at the present time.
To the readers who have looked at our stock!
I'm still holding my buyers not hitting the offer but it does appear that broking houses have bought the stock for there own accounts.
I'm hoping this will end soon and the stock comes back.
I will post the broking house who have when I am legally allowed. (5 working days)
What occurs is broking houses gain stock in companies knowing that should the company trade over a certain price for more than 3 months funds will look to Aquire a position. ( small funds)
Medium funds...should the company produce profits for 12 months and pay dividends these funds will buy also..
As for the superfunds the stock has to be either top 50 or 100 before they look at it.
So you see it's a chain reaction system.
This is why I worry about some of the stocks that many of you have bought into and have told me to look at..
There is no chain link and its all hype.
Sure hype is good to ride but you need to know when the music stops get out or you will wear serious losses.
Many have asked on Capilano Honey.
Sure the company is a well run company and will trade higher as the stock is held in good hands but the bulk of the move is over, going by the astrology.
Sure it can trade to 22 or maybe $25 but in percentage terms in my view it's done.
At 6 to 20 that's a 300% return safely, with financial astrology.
But as far as I'm concerned it's done and we move on.
Looking years ahead after this 2 year period is over , next sector to explode will be
Transport.
Not infustructure.
But first it needs to go through its Saturn cycle which it currently is.
So don't jump the gun, 2 years is a very long time.
It's amazing how when a merger hits the market the first thing the market does is run up thinking its will be great for the market.
The truth of this deal with Pfizer just came to light around noon US time and it was obvious that this is American accounting at its best.
Where is that money going to come from and who would loan out that much money for a company?
160 billion $US is over 50% of the Singapore economy.
Why not just buy a country and invoke your own rule of law with money like that!
But it's not going to pay a cent it's going to do it through tax minimisation..
So we are screwing the little people ( public tax payers)and we want them to buy our products?
I know it happen around the world and the Australian banks are the best at it too.
(I know this for a fact, friends at KPMG in Singapore do the routing).
That's why there currency exchange centres are here in Singapore.
This type of practise has to be stopped for the good of man kind.
Sure governments around the world aren't the best at spending our taxes wisely I get that.
But we can keep screwing the public for the benefit of a few.
This transaction should not be allowed to proceed regardless of who is in office.
Yes as I said before AMERICAN ACCOUNTING, it's obvious they haven't learnt a darn thing from the past, and this is only going to fuel more sexy accounting mergers.
I'd previously posted (moons ago) that blue chip companies that don't pay at least 60-70% of there profits in dividends are suspect accounting and raise caution flags for me.
The one good thing that Australia does have is that this happens and therefore there numbers are true.
In the US very few pay out serious dividends, that's why its buyer beware.
I understand that it's designed for the buy and sell traders to tax the earnings but there are times where you want to hold good stocks for years, and earn a small income from it .
In trading
I got worried yesterday and was about to cut the trades out before I thought otherwise, checked the astrology and stayed put.
Still holding all positions at the present time.
To the readers who have looked at our stock!
I'm still holding my buyers not hitting the offer but it does appear that broking houses have bought the stock for there own accounts.
I'm hoping this will end soon and the stock comes back.
I will post the broking house who have when I am legally allowed. (5 working days)
What occurs is broking houses gain stock in companies knowing that should the company trade over a certain price for more than 3 months funds will look to Aquire a position. ( small funds)
Medium funds...should the company produce profits for 12 months and pay dividends these funds will buy also..
As for the superfunds the stock has to be either top 50 or 100 before they look at it.
So you see it's a chain reaction system.
This is why I worry about some of the stocks that many of you have bought into and have told me to look at..
There is no chain link and its all hype.
Sure hype is good to ride but you need to know when the music stops get out or you will wear serious losses.
Many have asked on Capilano Honey.
Sure the company is a well run company and will trade higher as the stock is held in good hands but the bulk of the move is over, going by the astrology.
Sure it can trade to 22 or maybe $25 but in percentage terms in my view it's done.
At 6 to 20 that's a 300% return safely, with financial astrology.
But as far as I'm concerned it's done and we move on.
Looking years ahead after this 2 year period is over , next sector to explode will be
Transport.
Not infustructure.
But first it needs to go through its Saturn cycle which it currently is.
So don't jump the gun, 2 years is a very long time.
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