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<title>Ping.sg  - Latest Pings From uncletrader</title>
<link>http://ping.sg/user/uncletrader</link>
<description>Ping.sg - The Community Meta Blog for Singapore Bloggers</description>
<copyright>Copyright 2012 ping.sg</copyright>
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	<title><![CDATA[Chinese premier issues debt forgiveness to Wenzhou businessmen aka speculators borrowing from loan sharks]]></title>
	<link>http://ping.sg/item/Chinese-premier-issues-debt-forgiveness-to-Wenzhou-businessm</link>
	<dc:creator>uncletrader</dc:creator>
	<description><![CDATA[Really, you can&#8217;t make this stuff up. There has been a steady news stream about Wenzhou businessmen who &#8211; not being able to get funding from banks thanks to recent clampdowns by the government &#8211; borrowed to the hilt from &#8230; Continue reading &#8594;]]></description>
	<pubDate>Wed, 12 Oct 2011 12:36:37 +0800</pubDate>
	<guid isPermaLink="false">http://ping.sg/itemA/Chinese-premier-issues-debt-forgiveness-to-Wenzhou-businessm</guid>
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<item>
	<title><![CDATA[Why everybody’s suddenly googling Slovakia, and what it means …]]></title>
	<link>http://ping.sg/item/Why-everybody-s-suddenly-googling-Slovakia-and-what-it-means</link>
	<dc:creator>uncletrader</dc:creator>
	<description><![CDATA[When the fate of the entire Eurozone (and of the world economy itself) hangs on the outcome of a vote of a minnow like Slovakia (which produces less than half of Singapore&#8217;s GDP), you just know that micro is so &#8230; Continue reading &#8594;]]></description>
	<pubDate>Wed, 12 Oct 2011 09:59:36 +0800</pubDate>
	<guid isPermaLink="false">http://ping.sg/itemA/Why-everybody-s-suddenly-googling-Slovakia-and-what-it-means</guid>
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	<title><![CDATA[Najib’s bank downgrades Singapore property, stocks. Naughty!]]></title>
	<link>http://ping.sg/item/Najib-s-bank-downgrades-Singapore-property-stocks-Naughty-</link>
	<dc:creator>uncletrader</dc:creator>
	<description><![CDATA[Guess which bank is forecasting 22-26% declines in property prices? Instituted downgrades for Keppel Land and Capitaland? Predicting a 34% drop in stock market prices? Why it's none other than CIMB, that paragon of Malaysian banking that - prior to Najib's ascension to the PM-hood was hardly on anyone's radar - has now issued a highly social-media friendly press statement …]]></description>
	<pubDate>Tue, 11 Oct 2011 15:25:41 +0800</pubDate>
	<guid isPermaLink="false">http://ping.sg/itemA/Najib-s-bank-downgrades-Singapore-property-stocks-Naughty-</guid>
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	<title><![CDATA[Mamas, don’t let your babies grow up to be bankers.]]></title>
	<link>http://ping.sg/item/Mamas-don-t-let-your-babies-grow-up-to-be-bankers-</link>
	<dc:creator>uncletrader</dc:creator>
	<description><![CDATA[Since there's been so much fuss the #OWS movement in various cities across the US, we thought it might be timely to remind our readers about whether we ought to be filling our kids' heads with aspirational stories of how bankers helped cure cancer, or saved babies from burning buildings (in the hopes that our kids will become IBs and be our meal ticket for the rest of our …]]></description>
	<pubDate>Tue, 11 Oct 2011 15:07:16 +0800</pubDate>
	<guid isPermaLink="false">http://ping.sg/itemA/Mamas-don-t-let-your-babies-grow-up-to-be-bankers-</guid>
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	<title><![CDATA[Oldie: CAD’s investigation into Profitable Plots will have ne …]]></title>
	<link>http://ping.sg/item/Oldie-CAD-s-investigation-into-Profitable-Plots-will-have-ne</link>
	<dc:creator>uncletrader</dc:creator>
	<description><![CDATA[Apologies to PP watchers that this is really ancient news, but for the sake of completeness, CAD says it needs more time to figure just WTF is going on at PP, with the judge pushing the next hearing to Nov &#8230; Continue reading &#8594;]]></description>
	<pubDate>Tue, 04 Oct 2011 11:48:21 +0800</pubDate>
	<guid isPermaLink="false">http://ping.sg/itemA/Oldie-CAD-s-investigation-into-Profitable-Plots-will-have-ne</guid>
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	<title><![CDATA[Singaporeans remain confident of pao-chiakness of OCR property]]></title>
	<link>http://ping.sg/item/Singaporeans-remain-confident-of-pao-chiakness-of-OCR-proper</link>
	<dc:creator>uncletrader</dc:creator>
	<description><![CDATA[Despite numerous cooling measures from the gahmen (we&#8217;ve lost count), we&#8217;re still seeing prices of mass-market condos (defined by those in OCR locations, normally built next to huge longkangs that are quaintly portrayed by developers as &#8220;riverfront&#8 221; property) climb, averaging &#8230; Continue reading &#8594;]]></description>
	<pubDate>Tue, 04 Oct 2011 10:15:39 +0800</pubDate>
	<guid isPermaLink="false">http://ping.sg/itemA/Singaporeans-remain-confident-of-pao-chiakness-of-OCR-proper</guid>
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	<title><![CDATA[Why flogging the dead Trojan (Greek) horse is – surprise – no …]]></title>
	<link>http://ping.sg/item/Why-flogging-the-dead-Trojan-Greek-horse-is-surprise-not-wor</link>
	<dc:creator>uncletrader</dc:creator>
	<description><![CDATA[On the one hand, you have a country that is going through a full blown depression right now, mainly because of falling global demand for just about anything produced by Greece, the result of an economic crisis that still hasn&#8217;t &#8230; Continue reading &#8594;]]></description>
	<pubDate>Mon, 03 Oct 2011 09:43:28 +0800</pubDate>
	<guid isPermaLink="false">http://ping.sg/itemA/Why-flogging-the-dead-Trojan-Greek-horse-is-surprise-not-wor</guid>
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<item>
	<title><![CDATA[Storage space in Changi Freeport bulging with gold (and diamonds) from anxious UHNWIs]]></title>
	<link>http://ping.sg/item/Storage-space-in-Changi-Freeport-bulging-with-gold-and-diamo</link>
	<dc:creator>uncletrader</dc:creator>
	<description><![CDATA[A bit more chatter about the vaults that are bulging with gold stored by anxious UHNWIs desperate to keep their holdings away from the grubby and grasping hands of their respective jurisdictional governments (i.e. the US and possibly China and/or &#8230; Continue reading &#8594;]]></description>
	<pubDate>Thu, 22 Sep 2011 10:50:10 +0800</pubDate>
	<guid isPermaLink="false">http://ping.sg/itemA/Storage-space-in-Changi-Freeport-bulging-with-gold-and-diamo</guid>
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	<title><![CDATA[When is a conflict of interest not a conflict of interest? SK …]]></title>
	<link>http://ping.sg/item/When-is-a-conflict-of-interest-not-a-conflict-of-interest-SK</link>
	<dc:creator>uncletrader</dc:creator>
	<description><![CDATA[Lest anyone accuse us of presenting a totally biased and one-sided view of how S-crooks rip off Singaporeans, here&#8217;s the flip side: where a Singaporean shows a high degree of skill in riding the S-crud gravy train as well. Mr &#8230; Continue reading &#8594;]]></description>
	<pubDate>Wed, 27 Apr 2011 09:23:11 +0800</pubDate>
	<guid isPermaLink="false">http://ping.sg/itemA/When-is-a-conflict-of-interest-not-a-conflict-of-interest-SK</guid>
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	<title><![CDATA[IRS redux: “Tax-Havens-R-Us (TM)” fight between Singapore, In …]]></title>
	<link>http://ping.sg/item/IRS-redux-Tax-Havens-R-Us-TM-fight-between-Singapore-India-H</link>
	<dc:creator>uncletrader</dc:creator>
	<description><![CDATA[No one following the blatherings of our insipid little blog of the last couple of years will be the least bit surprised by the latest statement from an ex-IRS Repo man, who states what every private banking RM has known &#8230; Continue reading &#8594;]]></description>
	<pubDate>Tue, 26 Apr 2011 08:52:21 +0800</pubDate>
	<guid isPermaLink="false">http://ping.sg/itemA/IRS-redux-Tax-Havens-R-Us-TM-fight-between-Singapore-India-H</guid>
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<item>
	<title><![CDATA[Fire destroys records at Sino Techfibre, one week after red flag by E&Y]]></title>
	<link>http://ping.sg/item/Fire-destroys-records-at-Sino-Techfibre-one-week-after-red-f</link>
	<dc:creator>uncletrader</dc:creator>
	<description><![CDATA[It&#8217;s hard not to admire the effectiveness of the management at Sino Techfibre in dealing with &#8220;regulatory&#8 221; reporting requirements by SGX. Nothing beats the cleansing power of a good old fashioned office fire: best of all, it&#8217;s covered by insurance &#8230; Continue reading &#8594;]]></description>
	<pubDate>Mon, 25 Apr 2011 09:10:56 +0800</pubDate>
	<guid isPermaLink="false">http://ping.sg/itemA/Fire-destroys-records-at-Sino-Techfibre-one-week-after-red-f</guid>
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	<title><![CDATA[S-chips response to SGX’s 31 May deadline: “Yawn”]]></title>
	<link>http://ping.sg/item/S-chips-response-to-SGX-s-31-May-deadline-Yawn-</link>
	<dc:creator>uncletrader</dc:creator>
	<description><![CDATA[For your dose of Monday Funnies, please refer to article below. Apparently, much ink has been spilt about how S-chips are now &#8220;racing against time&#8221; to comply with SGX&#8217;s 31 May deadline to give them (and by the term &#8216;them&#8217; &#8230; Continue reading &#8594;]]></description>
	<pubDate>Mon, 18 Apr 2011 11:49:04 +0800</pubDate>
	<guid isPermaLink="false">http://ping.sg/itemA/S-chips-response-to-SGX-s-31-May-deadline-Yawn-</guid>
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	<title><![CDATA[Newsflash! S-chip accounting scandal! Oh wait….]]></title>
	<link>http://ping.sg/item/Newsflash-S-chip-accounting-scandal-Oh-wait-</link>
	<dc:creator>uncletrader</dc:creator>
	<description><![CDATA[From the files of the totally unsurprising news folder, Ernst and Young announced that accounting discrepancies have been found in mainboard-listed Sino Techfibre, once promised as a &#8220;a pure-play on China&#8217;s fast growing synthetic leather industry&#8220;, but which has now &#8230; Continue reading &#8594;]]></description>
	<pubDate>Fri, 15 Apr 2011 09:46:24 +0800</pubDate>
	<guid isPermaLink="false">http://ping.sg/itemA/Newsflash-S-chip-accounting-scandal-Oh-wait-</guid>
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<item>
	<title><![CDATA[WTF moment: SGX CEO unsure of how to answer question “Will u …]]></title>
	<link>http://ping.sg/item/WTF-moment-SGX-CEO-unsure-of-how-to-answer-question-Will-u-s</link>
	<dc:creator>uncletrader</dc:creator>
	<description><![CDATA[Only comment needed for this statement from Mr Magnus Bocker, CEO of SGX. Your PR team are REALLY going to work for its money today. From BT &#8216;It&#8217;s like asking: will you stop be …]]></description>
	<pubDate>Tue, 12 Apr 2011 13:22:13 +0800</pubDate>
	<guid isPermaLink="false">http://ping.sg/itemA/WTF-moment-SGX-CEO-unsure-of-how-to-answer-question-Will-u-s</guid>
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	<title><![CDATA[PR agency shamelessly plugs its S-chip clients via letter to …]]></title>
	<link>http://ping.sg/item/PR-agency-shamelessly-plugs-its-S-chip-clients-via-letter-to</link>
	<dc:creator>uncletrader</dc:creator>
	<description><![CDATA[Sigh. From the same communications school which brought you &#8220;Bocker-states -merger-between-SGX- and-ASX-good-for-Sin gapore-and-Australia -nothing-to-do-with- my-paycheck&#8221;, we …]]></description>
	<pubDate>Wed, 06 Apr 2011 17:19:05 +0800</pubDate>
	<guid isPermaLink="false">http://ping.sg/itemA/PR-agency-shamelessly-plugs-its-S-chip-clients-via-letter-to</guid>
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	<title><![CDATA[S-chips according to SGX: “Nothing To See Here.”]]></title>
	<link>http://ping.sg/item/S-chips-according-to-SGX-Nothing-To-See-Here-</link>
	<dc:creator>uncletrader</dc:creator>
	<description><![CDATA[There&#8217;s no conflict &#8211; repeat &#8211; no conflict of interest at ALL, between having the same person playing both the role of salesperson as well as regulator to these golden Chinese turds that almost inevitably exude the stench of &#8220;profit &#8230; Continue reading &#8594;]]></description>
	<pubDate>Wed, 30 Mar 2011 11:54:48 +0800</pubDate>
	<guid isPermaLink="false">http://ping.sg/itemA/S-chips-according-to-SGX-Nothing-To-See-Here-</guid>
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	<title><![CDATA[China Gaoxian magically transforms Singapore investors’ money …]]></title>
	<link>http://ping.sg/item/China-Gaoxian-magically-transforms-Singapore-investors-money</link>
	<dc:creator>uncletrader</dc:creator>
	<description><![CDATA[So the scam continues. Now that China Gaoxian is the latest S-chip to magically convert Singaporean investor money into bought-in-China Ferr aris, everyone is jumping on the &#8220;legal r …]]></description>
	<pubDate>Fri, 25 Mar 2011 12:56:31 +0800</pubDate>
	<guid isPermaLink="false">http://ping.sg/itemA/China-Gaoxian-magically-transforms-Singapore-investors-money</guid>
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	<title><![CDATA[New Century IPO sets sail for HKG. Good riddance.]]></title>
	<link>http://ping.sg/item/New-Century-IPO-sets-sail-for-HKG-Good-riddance-</link>
	<dc:creator>uncletrader</dc:creator>
	<description><![CDATA[So we&#8217;re supposed to be sad that a potential US $500 million IPO has left Singapore shores and gone on to the HKG market? Good riddance, we say. Lest we forget, this is the same company that was proven to &#8230; Continue reading &#8594;]]></description>
	<pubDate>Fri, 28 Jan 2011 10:01:42 +0800</pubDate>
	<guid isPermaLink="false">http://ping.sg/itemA/New-Century-IPO-sets-sail-for-HKG-Good-riddance-</guid>
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	<title><![CDATA[Malaysia high court upholds CCM’s declaration that Profitable …]]></title>
	<link>http://ping.sg/item/Malaysia-high-court-upholds-CCM-s-declaration-that-Profitabl</link>
	<dc:creator>uncletrader</dc:creator>
	<description><![CDATA[Thanks to reader Peter B, we have an update from Malaysia on Profitable Plots. Bottomline: those holding &#8220;highly valuable&#8221; green belt title deeds for &#8220;Heathrow Airport land&#8221; will learn that squeezing blood from a RM 2 company is a highly &#8230; Continue reading &#8594;]]></description>
	<pubDate>Fri, 14 Jan 2011 16:16:49 +0800</pubDate>
	<guid isPermaLink="false">http://ping.sg/itemA/Malaysia-high-court-upholds-CCM-s-declaration-that-Profitabl</guid>
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	<title><![CDATA[With new property curbs, expect angry letters in ST forum pag …]]></title>
	<link>http://ping.sg/item/With-new-property-curbs-expect-angry-letters-in-ST-forum-pag</link>
	<dc:creator>uncletrader</dc:creator>
	<description><![CDATA[The property balloon is now being squeezed at the Singapore end: inevitable following Hong Kong&#8217;s November announcement of 15% SSD, so hot money has to go somewhere, and where else but &#8220;undervalued and extremely safe&#8221; Singapore, where it&#8217;s much easier &#8230; Continue reading &#8594;]]></description>
	<pubDate>Fri, 14 Jan 2011 09:41:49 +0800</pubDate>
	<guid isPermaLink="false">http://ping.sg/itemA/With-new-property-curbs-expect-angry-letters-in-ST-forum-pag</guid>
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