Perceptions are the truth

I will be running again. soon.

It has been many months...hasnt it?

07 May 2010 - PAP FTW.

Because the opposition supporters are rumour mongers and too cocky.

Regards

A colleague of mine related the following to me..
Lets call him Bolt. I cannot understand why since Usain Bolt was not even famous a dozen years ago.
It was that time of the year when our bosses apprise our performance for the past year.

--------------------------
Boss: Bolt. Im sorry.

Bolt : Boss, You are scaring me.

Boss: Despite your hard work over the past year, i cannot promote you. In fact, im promoting your colleague, M.C.

Bolt : Boss, did i not do enough?

Boss: Bolt, I must assure you that you had done enough. In fact, many were very impressed with your work attitude, your endless contribution and the countless hours of OT that you put in over the past year. We were also very grateful to you for your extraordinary vision and how you dipped into your savings to steer this company through the recent financial crisis. This company is forever grateful to you but....

Bolt : *Sniff. But Boss, M.C never did put in a day of OT over the past year and had no contribution to show for the entire year. He hasnt even closed a single deal for the entire year!!! *Sniff

Boss: Bolt, i understand. But M.C has promised to put in alot more effort in the coming year and has agreed that he will use half his pay to buy supplies for the pantry...As such, i would like to see what he can do. I mean.. i would like to have an alternative if you decide to quit this company. He does sound very promising despite his inactivity since employment...

Bolt : But its all talk....

Boss: Enough.. pls sign here..
-------------------

I feel totally injust for my friend, Bolt. I guess this organisation does not believe in meritocracy. I think its time i look for a new company. In the meantime, i would moderate my contributions to this company asi do not wanna be disappointed during the next apprisal.

Regards

With the election almost upon us, its inevitable that noble inspirations become all the rage. Suddenly, everyone wants to service this nation.

I would like to serve the people of Singapore too!

Should i work at Macdonalds or Burger King?

Regards

Dear readers,
Im back.
Since my last post, i had gone in search of my 1st pot of gold. I have since lost a pot of gold. I'll stick to blogging from now on.

Its a jungle out there.
My puny heart cant take it.

Regards

The last time i seen such an euphoria state of affairs was back in 2004. That happened not long after i discovered the world of Bulls and Bears.

Every IPO shot to the sky. Uncles and aunties were all excited about each IPO because they were money making opportunities. Back then, i stuck with counters like ACCS, Hiap Seng, ST Eng and even had some DBS. I was in for the long haul....i thought.

A decade later, i realise that your friends are not ones who can withstand shocks but those who make you the most money. These friendships are shortlive and its almost appropriate to say that you use each other for gains.

The market is a cycle. The folks who makes the most money within the shortest time are usually the biggest winners. The ones who gets left behind most prob got their CDP account over the past year or so... Ho Ho Hoo..

Regards
Lucas

Update

Just a quick one before i hit the road..
Ever wonder why so many companies are realeasing IPO these days? GLP.. MTI.. there is even talk about another mapletree offering in the pipeline in Nov (again linked to GIC)?

They seem to be rushing to meet a deadline.. i wonder what deadline.

Regards

Update Update

With the lot allocation and the price, the counter looks destined to be supported.
Current Buy and Sell price is $4.02 ( 18 bids) and $0.005 (1 bid).
Im going to assume that this will climb to $4 in the future. Just not very sure when.
Ho Ho Hoo...

Regards

Update Update Update

Just in case anyone thinks that the stock market is a fantastic place to be..

Yes, its indeed fun and exciting to see your counters rise by a couple of percentage points a day. But seriously... how much gain do you make? Is it really good money?

Assuming the average investor have 5 lots of ABC shares that cost $1. For it to rise 20% over the course of 6 months would yield you $1.2 and $1000 profit. IS that alot?

The more experienced folks would most prob have 30 lots of ABC shares that cost $1. After 6 months, its a tidy $6000 profit. Its good money and it gets you and your family a nice holiday in europe. However, the reverse is also true. In 6 months, you can lose 50% of your orignal capital. Thats a Whopping $15000.

So what? Dare you play big? Or contemplate with small punts? Most of us are better off concentrating on our daily jobs, really.

http://punyshrimp.blogspot.com/2010/04/post-no-941.html

Post no. 1000 soon.

Regards

Update Update Update Update

MIT unlike GLP did not sustain its upward trend on its 2nd trading day. I have lost a fortune.. i hope u didnt.

Regards