Here’s what Li Ka Shing said in his press conference yesterday.
“Hong Kong’s richest man signaled that the property rebound that’s been pushing up prices in the world’s most expensive housing market could persist for as long as two years as growing demand outweighs government curbs.
“I cannot see how property prices would fall in the coming one to two years,” Li Ka-shing, the 88-year-old head of Cheung Kong Property Holdings Ltd. and CK Hutchison Holdings Ltd., said during his annual earnings press conference on Wednesday. “The force from buyers is very strong.””
However, interest rate rise will dampen demand and throw a spanner in his prediction.
I used Justin Trudeau birthtime from astrochart(provided that it is accurate). Here is his bazi
辛亥 庚子 甲申(日主） 乙亥
大运 己亥 戊戌 丁酉 丙申 乙未 甲午 癸巳 壬辰
1977 1987 1997 2007 2017 2027 2037 2047
1. When the edge magazine and share investor singapore gets snapped up fast in the libraries.
2. When newbies forummers appear on valuebuddies asking noob questions.
3. When relatives begin to ask you for stock tips
4. When analysts say buy even when they state that valuations are high.
Hands up those who doesn’t read through constitution amendments circular put out for egm resolution.
Thanks to the dilligence of a corporate governance expert Prof Mak Yuen Teen, Chew’s group was caught jumping the gun by introducing dual class shares in its constitution amendment. Imagine if nobody notice and the EGM resolution is passed, shareholder’s interest will be seriously affected.
I am against dual class shares. I urge SGX to reconsider introducing dual class shares. SGX ‘s argument of independent directors ability to watch out for the rights of minority shareholders is being severly tested in this case. Chew’s group independent directors and also the catalist sponsor has failed their fiduciary duty to restrain the management from doing things that hurt minority shareholders interest.Surely someone should be punished to send a right message to take their fiduciary duty seriously.
Singapore government has decide to go on a legal warpath with Hong Kong (proxy of China) to get back Terrex vehicles still stuck there. Whether it is a wise decision can only be known as time passes by.
From a bazi perspective, is it possible to predict the outcome.
Note: This is a purely academic exercise of the mind and not to cast aspersions on any person.
Since PM Lee is the head of Singapore, his luck partly correlates with the luck of Singapore.
His incomplete bazi is
癸 甲 乙 丙 丁 戊 己
卯 辰 巳 午 未 申 酉
In November 1992, PM Lee was diagnosed with cancer and underwent chemotherapy but he recovered later.
Novemeber 1992 is 壬申年,辛亥月， 申冲寅，七杀旺攻身。 寅为用神, 化杀为权，还有食神制杀，贵。大运走丙运，木火土为用，逢凶化吉。
Disclaimer: This is purely based on imcomplete bazi, so analysis may be wrong.
Trees don’t grow to the sky, so do US stock market. Donald trump will disappoint market players.
As expected, Fed decided to stay put. A wrong decision as Donald trump will win the presidential election in Nov 2016 and thus put to rest any hopes of raising rates this year. As for next year, if Donald trump get his wishlist of firing Yellen, expect more turmoil. Fasten your seatbelts, we are in for a rough ride.