27TH SEPT2012- I POST MY TECHNICAL ANALYSIS OF 386.HK-SINOPEC

MY PRIVELEGE BANKER FRIEND ASKED ME,SO I UPDATE.

SINOPEC TRADING IN A $2 BAND,BROKE DOWN,TARGET $6.BUT IT WILL FIRST REVISIT THE $8 RESISTANCE BEFORE THE 3RD HUMP IN USA ENDS,WHERE IT WILL GO DOWN AND HIT THE $6 TECHNICAL TARGET.

TECHNICALS WEAK.

27th september 2012--TODAY HANGSENG DEFENDED 20600 AIN'T BY LUCK

HANGSENG EXPECTED SUCCESSFUL DEFENDING OF 20600 SIMPLY MEANS IT IS GOING UP TO MY 22000 OR 25000.

I TOLD YOU ALL IN MY POSTS EARLIER THAT DURING USA RETRACEMENT PERIOD, AFTER THE 8TH 10+WEEKS UP,HANGSENG AND STI WILL NOT FALL AS IT WILL BE WELL SUPPORTED BY CHINA'S RISE.

3 SCENARIOS:

1) IF THIS THURSDAY/FRIDAY,SP500 SURGED UP BY MORE THAN 2% IN EITHER ONE DAY,THEN THIS WEEK WILL BE THE 4TH UPWEEK OF THE 9TH 10+WEEKS UPTREND PATTERN.

2) IF THIS THURSDAY/FRIDAY.SP500 FAILED TO GO UP,NEAR 1460,THEN THIS WEEK=2ND RETRACEMENT WEEK

3) IF ANY WEEK AFTER THIS WEEK SURGED UP BY MORE THAN 2% IN ONE WEEK,THEN THAT WEEK WILL BE THE 1ST WEEK OF THE 9TH 10+WEEKS UPTREND PATTERN.

PICK YOUR CHOICE

HANGSENG AROUND 22000 AT END OF USA 9TH PLUS CHINA SSE DID NOT BREAKOUT OF 2600-2700

HANGSENG AROUND 25000 AT END OF USA 9TH PLUS CHINA SSE BREAKOUT OF 2600-2700

OF COURSE I HOPE FOR HANGSENG 25000 BECAUSE IT IS DAMN HIGH TIME FOR CHINA TO HAVE A SUSTAINED 6-8MONTHS OF SOLID RALLY

AU REVOIR

SEE YOU GUYS SOON

22nd sept 2012-4 consecutive days BDI +16%!!!

1ST DAY

Baltic Dry Index

BDIY:IND
697.00 34.00 +5.13%

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As of 08:13:00 ET on 09/18/2012

2nd day

Baltic Dry Index

BDIY:IND
722.00 25.00 +3.59%

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As of 08:14:55 ET on 09/19/2012.

3rd day

Baltic Dry Index

BDIY:IND

755.00 33.00 +4.57%

As of 08:12:21 ET on 09/20/2012.

4TH DAY

Baltic Dry Index

BDIY:IND

774.00 +19.00 +2.52%

 

As of 08:16:54 ET on 09/21/2012.

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22nd sept 2012-BOTTOM IN DRYBULK SHIPPING STOCKS?REPORT CUT AND PASTE FROM CNBC

"Bottom In Dry Bulk Shipping Stocks?

September 21, 2012 by: Qineqt | includes: DRYS, EXM, GNK, NM

Many traders are betting that the Chinese demand for iron ore and steel could pick up later in the year. Drybulker stocks, especially the ones that trade on short-term contracts, like DryShips (DRYS), Excel Maritime (EXM) and Genco Shipping (GNK), went up by 7%, 13% and 6.5%, respectively. Stats from China showed that iron ore prices rebounded from their lowest level in three years after the Chinese government approved more than $150 billion for infrastructural development in the second largest economy of the world.
The rise in steel and iron prices was also depicted by the sharp surge of 9% in the Baltic Dry Index (BDIY) in the last two days. BDIY is composed of weighted averages of indices of Capesize, Panamax, Handysize and Supramax. However, these indices depend upon the cost of transporting commodities, like grain and iron ore. This of course is further dependent on the prices and demand of commodities. More the demand for commodities, the higher their prices will be; and more demand will lead to a rise in charter rates for vessels, thus leading to a rise in BDIY.

The first week of September
The first week of September was an eventful one for drybulkers. The earnings for Capesize improved by 70% WoW (week over week), but this was offset by falls of 3% and 15% in the rates of Handymax and Panamax, respectively. The decline in Handymax can be attributed to the falling supply of grains due to the worst ever U.S. drought since 1956.
Ship chartering activity also picked up. 26 Capesizes were chartered in the spot market; showing an increase of 24% WoW. This is worth some attention, since total Capesize vessels chartered are 54% of the existing fleet, with 24% alone coming in the first week of September. Capesizes are commonly used to transport iron ore, the commodity from which dry bulkers make up most of their revenues. 85% of the total new capacity will be used to transport iron ore. This is above the 81% in the last week of August and the average for 2011 of 73%.
According to DryShips daily market report for today, the average value of time charters for Capesize increased by $68, and for Supramax by $65. However, the TCE collapsed for Panamax by $201.
BDIY takes some days to adjust to reflect a substantial change in shipping activity. This is because charter rates of the vessels rise only after a persistent rise in demand. This is why BDIY took almost a fortnight to adjust to the sharp rise in shipping activity.
Navios Maritime (NM)
NM has been working hard to reduce its expenses, which is how the company has survived, despite its depressed Time Charter Equivalent Rates (TCE). The company is not burning cash. NM claimed in its earnings presentation that it was able to generate an Average Contracted Daily Charter-Out Rate of $20,870, which was 30% greater than the breakeven rate of $15,950; this rate is expected to rise to $28,683 in 2013.
Debt is also not a problem, given the following debt maturities:

Unlike, DryShips, NM has not diluted shareholders' holdings by issuing too many shares. The company expanded its outstanding shares by only 4% in the last three years, as compared to 744% for DRYS (from 45 million to 380 million). The market considers that this company ranks highest among dry bulkers expected to make positive free cash flows in the future. With a dividend yield of 6.5%, NM looks like an attractive option in the long run. However, the only issue with NM is that it has signed many long-term contracts at depressed charter levels. Therefore, a rise in BDIY may not be of any help to the company, as the charter rates have already been locked for many of its contracts.
DryShips Inc.
DRYS used to be a pure play on the BDIY in 2008-09. By this we mean that DRYS used to book charters using short-term daily charter rates. In this way, when demand for commodities went down, DRYS would avoid locking its vessels in low charter rates. However, this became a nightmare for the company, when BDIY collapsed to all-time low levels, as the company had not locked into long-run favorable rates. DRYS still has the same policy, as it anticipates that the BDIY will rebound in the near future. However, this has led to a miserable utilization rate of 44%.
Another one of the risks attached to the stock is the level of debt that DRYS carries and has to pay in the future. Although the company is not burning cash, it is bound to pay $754 million in 2013 and almost $1 billion in 2014. This is enormous given its current cash balance of $367 million.
However, DRYS has 65% stake in Ocean Rig (ORIG), which if sold could bring more than $2 billion to the company at the current market rate. Along with this, CEO George Economou has a reputation of destroying shareholder value, which means he will be more than willing to sell ORIG shares to pay debt, in case the company does not have enough cash resources at the time of debt maturities.
ORIG's stakes make DRYS an attractive buy.

Conclusion
The change in rates of Capesize is surely a positive point for the Drybulk Industry. It may be the first signal to the market that the industry's revival is just around the corner. However, it will be early to conclude anything at this point in time. The billion dollar question to be asked is:
"Is the rise in shipping activity temporary? And is it just because of the Chinese approval of a budget for infrastructural development, or is it a structural change in the industry, which may have finally turned around?"
Important catalysts to look out for are:

• Persistent recovery in the Chinese GDP growth rate.
• A company striking a deal to get sufficient debt in order to survive the crisis."

ABOVE REPORT from: http://seekingalpha.com/article/880021-bottom-in-dry-bulk-shipping-stocks?source=cnbc

21st sept 2012-this 8th 10+ weeks uptrend has a VERY PECULIAR ALGORITHM

EVERY SURGE FROM JUNE 4TH 2012 WEEK,HAPPENED ON EITHER THURSDAY OR FRIDAY OR THURSDAY AND FRIDAY!!!!

1)june 6th,wednesday- sp500 +30points

2)june 29th ,FRIDAY- sp500 +33points

3)july 13th,FRIDAY- sp500 +22points

4)july 26th,THURSDAY- sp500 +22points

5)july 27th,FRIDAY-sp500 +25points

6)august 3rd,FRIDAY- sp500 +26points

7)sept 6th,THURSDAY- sp500 +29points

8)sept13th,THURSDAY-sp500 +24points

ONLY ONE OUT OF EIGHT SURGES(DEFINED AS MORE THAN 1%) HAPPENED ON WEDNESDAY,7 OUT OF 8 SURGES HAPPENED ON THURSDAY OR FRIDAYS

21st september 2012-update of fridays of the 8th 10+weeks uptrend pattern--LAST UPDATED ON JULY 18TH POST

from july 18th 2012 post-

"8^TH 10+ WEEKS(10?11?12?13?) UPTREND IN SP500

1)JUNE 8^TH 2012 FRIDAY-sp500 up 11points

2)JUNE 15^TH 2012 FRIDAY-sp500 up 14points

3)JUNE 22^nd 2012 FRIDAY-sp500 up 10points

4)JUNE 29^TH 2012 FRIDAY-sp500 up 33points


5)JULY 6TH 2012 FRIDAY-sp500 down 1%


6)JULY 13th 2012 FRIDAY-sp500 up by 1.6%,22points

SO FAR, OUT OF 6 FRIDAYS,5 ARE IMMENSE UP DAYS--5/6 hit rate!!"

I FURTHER UPDATE FROM JULY 20TH 2012 TO 14TH SEPT 2012--

7) july 20th 2012-up 6 points

8) july 27th 2012-up 26 points

9) august 3rd 2012-up 26points

10) august 10th 2012-down 3points

11) august 17th 2012-up 2points

12) august 24th 2012-up 9points

13) august 31st 2012-up 6points

14) sept 7th 2012- up 5points

15) sept 14th 2012- up 5 points

NUMBER OF FRIDAYS IN LINE WITH GENERAL UPTREND= 13 OUT OF 15!!

21st sept 2012-BDI up a whopping 15% in 3 days 18TH SEPT-20TH SEPT 2012

1ST DAY

Baltic Dry Index

BDIY:IND
697.00 34.00 +5.13%

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As of 08:13:00 ET on 09/18/2012

2nd day

Baltic Dry Index

 

BDIY:IND
722.00 25.00 +3.59%

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As of 08:14:55 ET on 09/19/2012.

3rd day

Baltic Dry Index

BDIY:IND

755.00 33.00 +4.57%

 

As of 08:12:21 ET on 09/20/2012.

 

20th september 2012-see my targets all hit in the 15th week of the 8th 10+weeks uptrend pattern

"22nd AUGUST 2012 PREDICTIONS OF SP500 AND HANGSENG AND STI

1.SP500 TO PEAK OUT THE 8TH 10+WEEKS UPTREND AT 1460-1480,ALTHOUGH IT MAY GO TO 1500 IN THE 1ST WEEK OF RETRACEMENT.

....."

TO KNOW WHETHER IT IS RETRACEMENT TIME-CHECK FOR FRIDAY'S STOCKMARKET REACTION.

1)IF SP500 GOES UP TO "MAKE" ENTIRE WEEK OF 17TH SEPT TO 21ST SPET POSITIVE OR FLAT,THEN IT ISNT THE 1ST WEEK OF RETRACEMENT AND UPTREND IS TO CONTINUE-POSSIBLY THE 9TH 10+WEEKS UPTREND HAS STARTED TWO WEEKS AGO.

2)IF SP500 PLUNGES ON FRIDAY,THEN THIS WEEK WILL BE THE 1ST WEEK OF RETRACEMENT.

THE REACTION OF FRIDAY IS CRUCIAL-PLEASE GO LOOK AT MY RESEARCH TOPIC OF "RELATIONSHIP OF FRIDAYS AND THE DOMINANT TREND"

20th sept 2012-mercator really gapped up!no prizes for guessing

mercator lines closed 11.9c sgd,up 3.5%,when hangseng was down by 1.2% and china plunge by 2%

19th sept 2012-LOOK OUT FOR MERCATOR LINES TOMORROW,STOCK CODE EE6.SI

Baltic Dry Index

Add to Portfolio

BDIY:IND

697.00 34.00 5.13%

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As of 08:13:00 ET on 09/18/2012

Baltic Dry Index

Add to Portfolio

BDIY:IND

722.00 25.00 3.59%

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As of 08:14:55 ET on 09/19/2012.

 

TOTAL +9% IN TWO DAYS

Streaming Stock Quotes Are Eagle Bulk Shipping Inc( EGLE :NASDAQ) * Real Time Stock Quote Data is delayed | Source: NASDAQ Real-Time Last Sale

Extended Hours	Unavailable Last Trade	0.07 (+1.96%) Change *	1,700 Volume	09:28:00 AM EDT
	3.8272 USD Last Trade	0.2572 (+7.2%) Change *	179,797 Volume	11:49:38 AM EDT Trade Time

Streaming Stock Quotes Are DryShips Inc( DRYS :NASDAQ) * Real Time Stock Quote Data is delayed | Source: NASDAQ Real-Time Last Sale

Extended Hours	Unavailable Last Trade	0.16 (+6.43%) Change *	121,057 Volume	09:29:51 AM EDT
	2.6745 USD Last Trade	0.1845 (+7.41%) Change *	5,955,235 Volume	11:51:15 AM EDT Trade Time

19th sept 2012-look at my 16th july 2012 post

16th july 2012 post---

"WHY?because of shanghai mysterious love for JULYs!!!
chart not drawn to scale

target for new low in july/august 2012-:2050-2080,TO BE EXACT LOOK OUT FOR 2066"

today.19th sept 2012,shanghai closed 2067!!!

19th sept 2012-WEEKS BEFORE,I smsed my friends about hangseng outperforming sp500 and sti in this leg up-HOW DO I KNOW?

let us recall the mysterious relationship of the 3 brothers' respect to fibonnaccis

hsi was 2 fibos below sp500's( >78.6%)fibo at march 2012
sti(>61.8%)was 1 fibo below sp500's fibo at march 2012.

so hangseng at 19k was a SUPER GREAT ARBITRAGE OPPORTUNITY AS IT DOES NOT MAKE SENSE,AN OVERDUE RALLY IS ON THE WAY TILL IT BRINGS HANGSENG TO >21300(>50%) by year end.

THIS "STRENGTH" in the hangseng will only bring hangseng to 22K-22.5K.UNLESS CHINA BREAKS OUT OF 3+ YEARS BUMP RUN FORMATION,HANGSENG WILL CONTINUE TO UNDERPERFORM.

I AM WAITING TO SEE CHINA BREAK OUT...if china sse hit 2700,then hangseng will go up to 24K,the 61.8% fibo(same time when usa sp500 hit the fibo 2 levels higher,maintain the same relationship of hangseng being 2 fibos lower than sp500's fibo)

if china sse breaks out of the bumprun to 3.4k,then hsi will surge to 27.5k,the same time when sp500 hit same 100% fibo 1570,CUTTING THE DIFFERENCE TO HANGSENG BEING 1 FIBO LOWER THAN SP500'S FIBO

HSI 22K 1ST RESISTANCE,SAME TIME HIT WHEN SSE HIT 2400

HSI 24K 2ND RESISTANCE,SAME TIME HIT WHEN SSE HIT 2700,BREAKOUT POINT

HSI 27.5K,SAME TIME HIT WHEN SSE HIT 3400

HANGSENG ALL DEPENDS ON CHINA TO "COOPERATE" WITH USA UPTREND

 

14th sept 2012-in response to the post below,WHAT VALUE DID SP500 CLOSE?1459.99= MY 1460!!

MY 1460 HAS BEEN HIT!!

NOW LET US SEE THE FINAL WEEK CLOSE WHERE.MUST REMEMBER THE FINAL WEEK'S CHARACTERISTICS!!

14TH SEPT 2012-REMEMBER MY 22ND AUGUST 2012 PREDICTIONS??TODAY.14TH SEPT(SINGAPORE TIME 1.49AM) IT IS AT 1455!!

"22nd AUGUST 2012 PREDICTIONS OF SP500 AND HANGSENG AND STI

1.SP500 TO PEAK OUT THE 8TH 10+WEEKS UPTREND AT 1460-1480,ALTHOUGH IT MAY GO TO 1500 IN THE 1ST WEEK OF RETRACEMENT.

 

....."

10TH SEPT 2012-THIS IS MY DEC3 2011 POST--LOOK AT HOW HDB HAS SOARED!!

"IN CHRONOLOGICAL ORDER 1)now,2011 end condominiums sentiment dampened by lending curbs,PROPERTY DEVELOPER STOCKS LIKE CAPITALAND -30%,KEPLAND-50% FROM 2010DEC TILL NOW ALREADY HINTED THE ROAD FORWARD FOR PROPERTY WILL BE DARK AND GLOOMY.those who bought CONDOMINIUMS,SALARY RICH,ASSET POOR,AFTER THE FOMC MAINTAINED LOW RATES WILL ALL BE "BURNT IN THE CAULDRON" when asia stockmarket gets entrenched in its own secular bear market. U THINK CAPITALAND,A BLUE CHIP FALL 30% IN 2011 FOR NO REASON??CAPITALAND-30+%,KEPLAND-50%,STI ONLY -20% HINTS TO U WHERE THE NEXT SHOE WILL DROP 2)us economy is expected to grow faster than asia as JP,MORGAN STANLEY raise USA GDP FORECASTS while asia GDP FORECASTS ARE LOWERED ALREADY GIVE U HINTS THAT THE NEXT SHOE TO DROP WILL BE FROM ASIA. 3)us economy recovers faster than expected,people now instead of flocking to asia,now flock to usa for employment.asia condominiums,NOT the mass market will be experiencing GHOST TOWN STATUS. 4)US FOMC RAISE RATES AFTER ECONOMY RECOVER,PUTTING A DOUBLE WHAMMY ON ASIA CONDOMINUIM OWNERS.hk,sgp CENTRAL BANKS follow FOMC raise rates(whats new?) 5)ASIA CONDOMINIUM OWNERS START TO FEEL THE PINCH AS INTEREST IS INCREASING WITH SOME BUYING MORE THAN 1 PROPERTY FACE THE RISK OF GHOST TOWN(NO RENTAL INCOME). 6)singapore CONDOMINIUM OWNERS START TO DOWNGRADE TO MASS MARKET HOUSING,EG IN SINGAPORE,MANY WILL START TO BUY HDB FLATS,PUSHING UP HDB PRICES,PUSHING DOWN RENTAL YIELDS(AS NOW GOOD LOCATION HDB RENTAL YIELDS ARE AS HIGH AS 6%!!!) 7)asia stockmarket hit 2007PEAK,and start CRASHING 60-70% WHEREAS USA SP500 AFTER BREAKING OUT OF 1580,WILL GO TO 1900S,BEFORE DROPPING ONLY 30% IN RESPONSE TO ASIA PLUNGE 8)3-6MONTHS LATER,ASIA ECONOMIES FACE THE REALITY OF GDP TURNING NEGATIVE,RECESSIONS LOOMING AND JOB CUTS WILL BE ON THE RISE 9)ASIA CONDOMINIUMS WILL TUMBLE LIKE DOMINOES!!BUNGALOWS AND MASS MARKET WONT BE AS AFFECTED AS CONDOMINIUMS,AS MAJORITY OF CONDOMINIUMS ARE OWNED BY SALARY RICH BUT ASSET POOR PEOPLE. THIS IS MY SCENARIO.LETS SEE WHETHER IT WILL COME TRUE."

"Bishan maisonette sold for record S$980,000

Sep 7, 2012 - PropertyGuru.com.sg

Comment E-mail to friend Bookmark & Share

By Romesh Navaratnarajah:
A Housing and Development Board (HDB) executive maisonette in Bishan has been sold at a whopping price of S$980,000 or S$550 psf, a new record for the costliest HDB resale flat.

Sold by a Singaporean woman, the unit was bought by a Singaporean and her China national father, reported The Straits Times. The sale price of S$980,000 is inclusive of S$200,000 in cash-over-valuation (COV), reportedly the highest.
It beats the former record set in May when an executive flat in Toa Payoh was sold for S$910,000.

According to Cheryl Clare Ng of ERA Realty who marketed the property, a total of 40 people viewed the 25-year old unit at Bishan Street 13 over two hours during an open house in June.

Even though the maisonette had simple furnishings, buyers were attracted to the spacious 1,800 sq ft living area and the unique 150 sq ft open roof terrace. Ng added that the property is close to amenities and transport links.

“It’s also on the 19th floor, has a great view and it is very airy most of the time.”

Property agent Thomas Hee from Dennis Wee Group, who represented the buyers, acknowledged that there are only 48 of such spacious maisonettes in Singapore.

In 2005, a similar unit would have changed hands for approximately S$550,000.

“When they are put up for sale, they're always snapped up,” added Hee.

Ng noted that the buyers got a good deal and “if you compare it to a similar condo unit, you are effectively paying half the price for twice the space”.

Meanwhile, a quick search on PropertyGuru revealed that there are currently over 10 active listings for resale HDB executive flats, each with an asking price ranging from S$900,000 to S$1 million. Most notably, there are 19 active listings in the same flat category asking more than S$1 million each."

LET US DO THE CALCULATIONS

HDB Apartment For Sale - 11 Holland Drive (D10)

S$ 538,000 (Negotiable)

S$ 685.35 psf (built-in)

785 sqft / 73 sqm (built-in)

11 Holland Drive, 271011

HDB Apartment99-year Leasehold

2 Beds 3I (Modified) HDB

Listed on Aug 21, 2012

 

VERSUS RENTAL

 

For Rent - 11 Holland Drive (D10)

HDB Apartment (3I (Improved))

11 Holland Drive

                               

Listed on Sep 6, 2012

S$
(Negotiable)

S$ 3.74 psf (built-in)

721 sqft / 66.98 sqm (built-in)

Fully Furnished

 

FOR A CORNER UNIT,IT SHOULD BE HIGHER THAN THE $2700 STATED AS YOU LOOK AT THE SIZE OF CORNER UNIT VERSUS NON CORNER UNIT.

SO LET US SAY THE CORNER UNIT CAN BE RENTED OUT AT AROUND 10% HIGHER THAN THE NON CORNER UNIT,$3000

 

(3000 X 12) / $538000 =6.7%!!!! RENTAL YIELD OF 6.7%!!!!WHAT THE FUCK!! RENTAL YIELD IS STILL TOO HIGH,SUCH A GOOD ARBITRAGE OPPORTUNITY!!

 

BUONA VISTA HAS A MEGA MALL OPENING ITS DOORS SOON PLUS MEDIACORP,SINGAPORE'S MEDIA AND ENTERTAINMENT ARM IS MOVING ITS HEADQUARTERS TO BUONA VISTA!!

 

"MediaCorp to move to Buona Vista
By Hoe Yeen Nie | Posted: 08 December 2010 1102 hrs

	Photos 2 of 2 MediaCorp to move to Mediapolis@one-north Buona Vista

		inShare0	52

SINGAPORE: Media group MediaCorp will be moving out of its premises at Caldecott Hill.

By 2015, it will be located at the new Mediapolis@one-north Buona Vista.

MediaCorp will be the anchor tenant at Mediapolis, and occupy 1.5 hectares of land and a built-up area of 79,500 square metres.

The 19-hectare Mediapolis is touted as Singapore's first digital media hub and is expected to be completed by 2020. Its neighbours will be Biopolis and Fusionopolis, the twin hubs of biomedical and engineering research.

Speaking at the opening of the Asia Television Forum, Information, Communications and the Arts Minister Lui Tuck Yew said the move would attract other local and overseas industry players involved across the value chain -- such as creation, production and post-production -- to Mediapolis, and to participate in collaborative projects with MediaCorp.

"With its relocation, MediaCorp could also extend its new-built facilities and services, such as studios and equipment, to other production houses for greater synergies and possible cost benefits," said Mr Liu.

He also said this would contribute further to the growth of the media landscape.

Mr Lui also said he hoped the infocomm infrastructure at Mediapolis, which includes a high-speed network and high density storage systems, would be a lure for digital content companies.

MediaCorp CEO Lucas Chow welcomes the decision.

He said the group looks forward to playing a catalytic role in attracting new and foreign media players to Mediapolis as well as generating a constant pipeline of projects to fuel the industry's growth

"I expect that we'll create a kind of buzz, if you will, and hopefully within the next 10 years or so, build a kind of culture in that particular precinct, such that if you're interested in that kind of business, you're going there," said Mr Chow.

In 2006, MediaCorp had announced its decision to relocate to a site at Bukit Batok, but the plan was shelved due to high construction costs and the onset of the economic crisis.

But it said in a statement that the move to a new campus gained traction as the economy improved and new options presented themselves.

The design of MediaCorp's new complex is yet to be decided, but the company said it would be high-rise in nature, with television studios and theatres occupying the lower floors.

Though the 1.5 hectare site at one-north is smaller in land area than the Caldecott Broadcast Centre, which takes up 7-hectares, Mr Chow said the total gross floor area at 79,500 square metres will be comparable to its current home.

"When we build the new campus, we will design the new campus to fulfil MediaCorp's vision to be the leading media company in Asia. Which means the campus will facilitate us to change some of our current process to allow us to support future technologies, whichever that technology may be, which means that the campus will be designed with certain flexibilities in mind."

Industry players said that smaller production houses will be able to ride on its expertise and facilities. They also welcomed the concept of a media cluster.

Dr Wong Kok Cheong, CEO of Sparky Animation which specialises in 3D animation, said his company is "seriously considering" moving to Mediapolis.

"Imagine if all companies are put together, doing lighting, modelling, texturing, you can just walk over and look at the quality, and if there are any changes you can just talk to the modular or the artist, and they can make immediate feedback and changes that will definitely help to improve the productivity as well as the turnover time in delivering the show."

In a note to staff, Mr Chow said that staff welfare was a key consideration.

For example, the Buona Vista site will be highly accessible, with its own MRT station and dedicated bus services.

The move to one-north will be carried out in phases from 2014, and is expected to be completed by mid-2015.

Separately, MediaCorp and the Media Development Authority are working together to support independent production houses in creating made-in-Singapore content exclusively for online viewing.

The regulator will co-invest up to half of the production budget, and the finished products will be distributed on MediaCorp's xinmsn online video platform.

Selected projects will also be promoted through MediaCorp's media network.

-CNA/wk/ac "

 

The Mall

THE STAR VISTA is part of a 15-storey mixed development built in Vista Exchange, one-north precinct. The integrated hub will comprise a Civic and Cultural Zone anchored by a 5,000-seat Auditorium, as well as a Retail and Entertainment Zone. Strategically located next to Buona Vista MRT Interchange, THE STAR VISTA is well connected to 2 train lines and easy access to major roads and expressways. The integrated hub will serve the needs of more than 400,000 residents, students and working population in the immediate vicinity.
As an award-winning architectural landmark within the Buona Vista area, THE STAR VISTA is an urban retail sanctuary set within a uniquely integrated and natural environment. With over 100 stores that offer a plethora of specialty food & beverage outlets and a myriad of retail brands, lifestyle needs are fulfilled amidst luxuriant green spaces. THE STAR VISTA is a seamless one-stop dining, entertainment, retail and services venue for shoppers.

The Star Vista in Buona Vista to open in September

Written by Gwyneth Yeo

Monday, 26 March 2012 23:34

CapitaMalls Asia is opening The Star Vista, the first major mall in Buona Vista in more than 30 years, in September. The mall has already signed key tenants and will offer extended operating hours, al fresco dining options and more than 800 car park lots. It will have a total of 110 shops from Basement 1 to Level 2, with more than 50% of its net lettable area allocated for F&B. Some of the new dining concepts to be offered include cafés such as Jamaica Blue and Owl Café, Boston Seafood Diner, Senor Taco and Porn’s, a Thai restaurant opened by local celebrity Pornsak. Right above the mall is The Star Performing Arts Centre, owned and managed by Rock Productions, which will contain a 5,000-seat theatre and one of the largest performance venues in Singapore, fully equipped to host concerts, dance and musical performances.

 

 

1)CALUCULATING A REASONABLE

 

RENTAL YIELD at 4% p.a. for HDB

 

 

 

 ASSUMING RENTAL DOES NOT CHANGE AT CURRENT $3,000 PER MONTH(FOR CORNER UNITS)-PRICE WILL HAVE TO GO UP TO MAKE THE RENTAL YIELD GO DOWN TO A REASONABLE 4% FOR HDB(I AM NOT EVEN ASKING FOR RENTAL YIELDS OF 2% LIKE CONDOMINIUMS)

 

3600/0.04=$900,000!!!!!!!PRICE

 

 

 

2)CURRENT MONTHLY MORTGAGE

 

(ASSUME 30YEAR AT CURRENT 1% P.A

 

 

INTEREST WITH 80% MORTGAGE)=$1400

 

 

VERSUS

 

 

MONTHLY RENTAL OF $3,000,EVEN IF

 

INTEREST RATES GO UP TO 4% P.A.,THE

 

MONTHLY MORTGAGE WILL ONLY GO UP

 

TO AROUND $2.5K,HENCE IT IS STILL

 

BELOW THE CURRENT RENTAL,WHICH

 

DOES NOT MAKE ANY SENSE TO RENT.

 

 

but with new mega projects around the horizon for

 

buona vista area,RENTAL ALSO DOES NOT

 

MAKE SENSE TO PLUNGE,HENCE

 

ASSUMING RENTAL STAY AT $3000 FOR

 

SIMPLIFICATION PURPOSE,PRICE WILL

 

HAVE TO GO UP TO $700,000 TO MAKE THE

 

MONTHLY MORTGAGE PAYMENT EQUAL

 

TO THE RENTAL OF $3,000

 

($1800+EXTRA$1,200 IF INTEREST GOES UP

 

EXTRA 3% P.A.)

 

 

HENCE THE PEAK VALUE OF A SMALL

 

3room 

 

HOLLAND DRIVE HDB WILL BE AROUND

 

$700K TO $900K SGD

 

 

 

7th sept2012-LECTURE:WHY 1DAY of HUGE SURGES,3-5% AT BOTTOM ALWAYS SIGNAL BOTTOMING PROCESS

everytime shanghai composite surge up 3-5%,that will signal final low.

let us recall
1)a)january 9th 2012-STARTING 2164,SSE +60points,+2.7%,JAN 10TH 2012-SSE +44POINTS,+2%
TOTAL MOVE IN TWO DAYS---- +5%
b)jan 17th 2012-starting 2206,SSE +92points,+4.1%

SHANGHAI CONTINUED UP TILL FEB27,2012 2478
TOTAL MOVE IN 1.5MONTHS,314POINTS,+14.5%

2)october 12th 2011-starting point2335,+85points,+3.65%
shanghai went down to hit double bottom on october 20th 2011 and continued up till nov3,2011,2535
TOTAL MOVE IN AROUND 1 MONTH 200POINTS,+8.6%

3)A)OCTOBER 8TH 2010-starting point2656,close 2738,+82points,+3%
B)OCTOBER 15TH 2010,starting point-2879,close 2971,+92points,+3.2%
shanghai continued to go up till nov 11th 2010,3187
TOTAL MOVE IN AROUND 1 MONTH,+524POINTS,+20%
 

7th September 2012-Didn't i said before in july shanghai composite will bottom in july/august at 2050-2080?TODAY SHANGHAI COMPOSITE +4.2% AT LUNCHTIME!!HANGSENG UP NEAR 500POINTS!!

AMAZING!!!SHANGHAI SURGE TODAY SHOULD BE THE START TO 2700 AT LEAST.THEN AT 2700,SEE WHETHER CAN BREAK OUT OF THE 3+YEARS BUMP AND RUN DIAGONAL DOWNTRENDLINE!!

SO HAPPY TODAY!!

7th sept2012-TO FELLOW FINANCIAL SECTOR PERSONNEL,BANKERS,ANALYSTS

please respect pattern reading as patterns that repeat 8x can't simply be coincidental.
IT IS SO "COINCIDENTAL"

please respect pattern reading to be more forward looking than relying on technical indicators as many tech indicators are lagged,and much more forward looking than fundamentals.

please appreciate that us market has a 8x repeated pattern whereas china does not have.

IN JUNE2012,I SAID THE REBOUND AIN'T A DEADCAT BOUNCE.

IN JULY 2012,I SAID SP500 8TH FINAL WEEK WILL BE AROUND 1460 TO 1520.

IN AUGUST 2012,I SAID NO SIGNS OF 8TH (10+WEEKS UPTREND PATTERN'S) FINAL WEEK