Month: May 2008

Today, being a Sunday, I went to Lumpini Park (Bangkok).  Here, you will find many Thais with their famiies and clans practising all kinds of healthy exercises.  In particular, my focus was on the different groups practising Tai Chi in slow motion, dressed in colourful T-shirts and pants.  Usually, the men and women are spread over an area, as wide as the music can cover.  At the end of the session, the group would congregate for Chinese Tea and continue chatting until the sun bites into their skin.

Are you practising TaiChi, in the morning, and where in Singapore?  How long have you been doing this exercise, and how many people are there in your group?

Terence Seah

List of SHCians practising Tai Chi now:

1. June Lim
2. Douglas Chan
3. Joyce Tan
4. SB Khoo

Everybody should cut this out. Today ST Sun May 4 2008 ( Invest Page 19) has a lead article on Foreign Currency investment. The areas examined are

(a) Buy low, Sell high ie trading foreigh currencies

(b) Carry Trade

(c) Invest in high yielding currencies like Aussie and Kiwi

The ST report  relates mainly to physical currency converted from SGD. It is what most layman would do when they think of foreign currency. But this is an inefficient and costly way to address to opportunities in the currency world.

You should be thinking about forex which is a leveraged and derivative of the underlying foreign currency. The confusion is because they share very similar name.  You can do everything you want to with physical currencies much more efficiently with forex.

(a) This is a no brainer. It’s just directional trades with forex

(b) It doesn’t really make much sense to do simple carry trade in both physical and derivative. The underlying volatility of currencies will make the carry trade irrelevant. In the end the cross rate between the currency will dominate and decide the P&L in the trade most of the time.

(c) Long the physical and hedge with the derivative. Eg buy the KIWI currency for the near 9% interest rates for long term. Dynamically Value Hedge (DVH) the KIWI and USD forex. The likelyhood is that you will make three ways – capital gains on the KIWI, interest income and DVH profit.

Compare to the conventional method. If you just long the physical KIWI, whatever you make on the interest rates you may lose back on the KIWI to SGD conversion given the strength of SGD. You don’t have the benefit of any profits from DVH.       
 

Here’s another fun meeting.

Subject: Home Entrepreneur – Virtual Shop & Flea Market

Date / Time : Wed 7 May 2008 7pm

Venue: Scorebot, 18 Bali Lane

We are invitating all aspiring Home Entrepreneurs to form  Virtual Shops.

A virtual shop has the following advantages

– List of instant turnkey businesses that you can get in now starting with consignment stock lots. First come, first serve. Once booked we try not to create internal competition for the same product line. 

– A low-cost, global MNC for you. We can help in funding to merchandising.

– It operates like a 3-in-1 business ie a  physical shop, on-line marketeer and event/flea market enterprise

– Facilities to sell for auction of limited items and sales of mass products

– Internet marketing of products including blogging and search engine optimixation. We save by marketing the whole group as one classified listing.

– Save on shop rental. We share physical facilities for OTC sales (over-the-counter), storage and logistics

– Save on  inventory working capital to hold stocks. Inventory is from collection and consignment.

– Save on  fixed labour costs. We  pool professional management and staff. 

– You can help out in the planning of the next event. Flea market music festival. (Be the early bird to book the prime location.)

– You don’t even have to leave your full time job. Start a virtual shop now and sack your boss by New Year. Remember to collect your bonus first before you tell him what you really think of him and his stupid ideas. Tell him to lick his own azz and hopes that he works till he die.

Hee-hee

See you boys and girls.

 

Dear dancers,

Introducing a new kind of dance!

Retro – a combination of Twist/Cha Cha/Saturday Night Fever/Ago Ago

1)                  No partner required

2)                  One time course (8 lessons)

3)                  Course Fee S$35.00, Non-member $40.00

4)                  Time: 7.00-8.00pm

5)                  Teacher: Miss Maggie Ho

6)                  Venue: Clementi Community Centre

7)                  Start Date: May 16, 2008

New Rock n Roll Class (Intermediate) will commence on May 30, 2008 (8.00-9.00pm)

Member $35.00, Non-member $40.00

New Bachata Class (Elementary) will commence on May 30, 2008 (9.00-10.00pm)

Member $32.00, Non-member $35.00

 

EO, Danz

Hi ! Ron/Alice/SHCian,

Kindly refer to the botakjones outlets for info as per our topic ytd at the flea market

• 1). Ang Mo Kio (Blk 429, Ang Mo Kio Ave 10)
• 2). Bedok (Blk 412 Bedok North Ave 2)
• 4). Bukit Batok (Blk 233, Bukit Batok Ave 5)
• 5). Boon Lay Place (90, Boon Lay Place Savoy Theater) Opening mid May 08
• 6). Clementi (Blk 325, Clementi Ave)
• 7). Depot Road (118 Depot Lane)
• 8). Toa Payoh (970A Toa Payoh North)

Judy

Hi to all,

My name is William Seah, I am 62 and have just started my own beef noodle stall at the following address. 

• J & J Special Beef Noodle
• Block 51 # 01-162
• Old Airport Road
• Singapore.

I would like to invite all SHC members to my stall at a special rate of $3.00 per medium size bowl. (Normal price is $4.00).

Do identify yourself as a SHC member to enjoy the discounted rate.

Thanking all in advance.  Yours sincerely,

William Seah, HP:98627592

UPDATE 3
TOMOROW IS TH NITE.. YEH YEH YEH……. FEELING EXCITED OVER THIS.  OK… FINAL SEQUENCE OF PROGRAMS AS FOLLOWS:

FOR THOSE GOING TO HAVE DINNER WITH ME, PLS MEET AT CENTRAL BASEMENT 1 (NEAR CLARKE QUAY MRT) AT 7.15PM.  AS I AM EXPECTING WE WILL HV HARD TIME FINDING SEATS, PLS HELP ONE ANOTHER TO CHOPE PLACE.  BTW, HOW MANY OF THEM ARE GOING FOR DINNER :)  WE WILL BE THERE TILL 8.45PM THEN WE WILL SLOWLY WALK BACK TO GOTHAM AT 9.15PM TO TRYING CHOPING FRONT SEATS FOR BETTER VIEWING.

FOR THOSE NOT SO SURE OF THE VENUE, PLS WRITE TO MY PERSONAL EMAIL AT dlgummy@hotmail.com FOR MY MOBILE# AND MEET ME AT LIANG COURT TAXI STAND AT 7.00PM FOR DINNER OR 9.00PM TO GOTHAM. 

FOR THOSE DRIVING, PLS PARK AT LIANG COURT AS IT IS MUCH CHEAPER @ $3.21/ENTRY AFTER 5PM.

FOR THOSE COMING BY MRT, STOP AT CLARKE QUAY

FOR THOSE COMING BY BUS, SBS 3, 54 AND 195

IF ANY LADIES NEED OTHER INFO, PLS TAKE YOUR COMMENTS AT THIS POST AND I WILL TRY MY BEST TO REPLY AS ACCURATE AS POSSIBLE…

CHEERS…. DOLLY

UPDATE 2
Ladies, Tentative program as follows:

7.00pm – 9.00pm: Dinner at your own or you can choose to join me but I have no idea of eatery yet, any suggestions from you Ladies would be much appreciated. 

9.00pm onwards – We will slowly proceed to Gotham Penthouse to enjoy ‘Raw Show’ – This is a mixed group of hunks n babes performances.  Previous group of only hunks just ended their contract ended April ’08.

As most of us do not intend to open bottle of hard liquor, hence no reservation will be allowed.  But, since this outing is on Tue nite, we shd not have any problems to secure a plc if we are early.  There will be no door charge but will need to order drinks, either juice or cocktail, approx ard $12 – $15. 

Guys – You are most welcome to join us at Gotham, so we Cha Bo crazy over the hunks n Tar Bo lcn over the babes, ai mai?

&&&&&&& ———————————–&&&&&&&&

1. Dolly Lim
2. Lily Ho
3. LH Jie
4. Jane Wong
5. Lina Ng
6. Susan Chang
7. ANee
8. Bira
9. Molly Chua
10. Eileen Lee
11. Karen Thio
12. Pauline Khoo
13. Pearlynn Tan
14. Wana Tay
15. Catherine Chan
16. Jennifer Ong
17. Melissa Khng

Any SHC guys want to join us at Gotham after nine, can register here also

1. John Howe
2. Charles Wee
3. Thomas Loh
4. Any more pow piow har?

 

Hi Ladies, now that Terence had initiated a Men’s Nite.  We shall have 1 nite for Cha bo, how about that?  I have intention of having it on the same day as Men’s Nite, i.e. May 20′ 08 with tentative program as follows:

7.00pm : Fine Dining (Will scout ard for a good restuarant, must be good buy, best buy, must buy type lor
9.30pm : Proceed to Gotham at Clarke Quay to watch "Raw Show" – Not sure of the cost yet
Who know, Terence and guys might decided to join us later… rite… hehehehehe…
I would like to have a show of hands for those interested in this outing and what kind of budget are you willing to spend for this b4 we proceed..  Hope to receive some comments.. Cheers…

Cheers…..   Dolly