Thread: Global Pension Plan

Now that AIG was just bailed out by the U.S. Government to the tune of $85 Billion Dollars, is it finally soaking in that GPP could never pay? Do you realize that the bailout was less money than what GPP has to pay out? Then considering the financial crunch in the banking community, makes this even more impossible to pay. This update by Stella, if she ever gets around to doing one, will really be a fascinating read. What she says will be more telling than anything said in all the previous posts combined.

This is just my guess, but I believe they have closed up shop, and there won't be any update ever. Hope I am wrong, because I really wanted to read what she said in the update.

Right place right time ?

Rumour going around the city tis morning is that Lloyds TSB are in discussions with HBOS about a takeover....You heard it here first folks !

How do I know...contact just called and said he's advising his clients to buy HBOS

Thats my good deed for the day...

OK you may buy and lose but at least you know the odds its a 50-50% risk

What I also made out of this Lehman liability was confirmed two hours ago by my Agent when she advised the stocks to be bought which was about to close three months back while holidaying in Asia. Barclays!!!

When it closed end of June, it fetch a handsome but modest notch the next day and stayed

Now, she's also telling me in a telco... this morning, " U C, lucky you for heeding recommendation.... 5% value up again with Barclays" regarding stocks on Lehman Barclays is going after and its even reported by BBC today...Woot!!!

I believe, it will soon reveal in the media what those profitable stocks or interests are that Barclays will acquire... or take over/buy-out from Lehman.

This will & power of attraction with the timely factor went uniquely well for me too on one occasion (now looking back bemused) at the time when I had a nice "acquisition" and was getting sound advises which ended up with wise recommendations on money management. This same young lady whom I took in confidence, at her newly appointed role within a leading Bank that also does online trading around the top global Exchanges. That was 2003. That was the beginning of a new bond and she's still there. I then deviated with a small capital of under $20K in Euros and confidently stashed aside in 2005... yes, with none other than PI Inc and Bryan Marsden and even though that modest loss was a bad mistake, I reverted back to my lady contact for all Investments like biznuz-S-usual till today... never and anymore since with regrets and only $$$s kept riveting instead on the market with positive profits!!!

Fot those wondering how moneys made look at this graph

Heritage Financial Stock Price (HBOS), Stock Quotes, Charts, Trades, Market News

We got into HBOS at 9:05 and sold at between 9:40 & 9:45..it would be embarrasing to reveal the profit taken but I know some poeple who have made 6 figures in this 45 minutes spell

BTW it wasn't me...lol

are we headed for an economic collapse?

Hmm.. no offense but I am skeptical of plans which require you to pay money up-front and then promise you easy money .

You have indeed hit the nail at the very center of most minds missing out this logic!!

Welcome to the Forum with your reasoning.

Originally Posted by moncheri

are we headed for an economic collapse?

Not like the way the USA fell during the great depression in the 30s but we're looking at a recovery thats going to take longer than the usual statistics and expert predictions want us to be aware of...

Countries that has a firm and secure monetary management will be lightly affected although tightening of everyone's belt is expected however, less dramatic than for those now experiencing the 1st wave in the USA.

In countries where the middle income earners could still afford to take at least twice to three times a week-long as a minimum vacation outside their own country and traveling by air despite the hikes in flight travels will prove the strength of their status owing to the economic structure their Govt and Financial Institutions had safeguarded their folks. Countries where loans and free reckless lending through false pretensions & relaxed payback solution schemes will be the hardest hit and that will soon reveal which countries will be most affected in the coming weeks.

While all of the current gloom takes place with looming prosperity still in sight for the rest of the other nations... here's one to show what is anticipated when you invest with knowledgeable markets that are safe with your bets...

Well, I can safely add... it is a far safer bet than with set ups like the likes of the laughable GPP that is actually sticking a Brutus index finger into anyone's nose that remains an easy pick for being the complete fool and ignorant dummy he/she wants to be recognized as such...

See what your $$$s can better fly up into....>>

DBS to: YogiBrood
Singapore Airlines (BUY; S$14.92; Bloomberg: SIA SP)
Lower oil price offsets weaker demand
Price Target : 12-Month S$ 19.00
by: Suzanne Swee CFA

Story: Amidst higher risk of a global economic recession and falling oil
prices, we lower our load factor assumptions for SIA’s passenger airline
business but also our fuel price assumptions.

Point: Our base case assumptions for SIA in terms of load factor is 76.5%
for FY09 and 75% for FY10, whilst in terms of average jet kerosene price,
our assumption is US$125 per barrel for FY09 and US$115 per barrel for
FY10. This means that whilst we have lowered our load factor expectations
for SIA in view of slowing global demand, we have also lowered fuel cost
assumptions for SIA as oil prices continue to weaken. Net-net, this leaves
our FY09 and FY10 earnings estimates largely unchanged.

Our scenario analysis show that any loss in earnings from a decline in load
factor is likely to be mitigated by some decrease in fuel costs from lower
jet kerosene prices. Each ppt decrease in load factor can be offset by a
decline in jet kerosene price of US$7.50 per barrel. Unless we come to a
scenario where oil prices move back to over US$150 per barrel, whilst load
factors for SIA’s passenger airline business drops to 72% or less, the
Group should continue to remain profitable. We see this as highly unlikely
since this would require very high prices amidst a global economic
recession.

Relevance: We maintain our BUY call and S$19 target price for SIA, based on
6x EV/EBITDA, its eight-year trading average. The stock is also offering
an attractive net dividend yield of >6.5% as we believe that SIA can
continue with its total annual dividend of S$1, given that that it
represents about three-quarters of earnings and that it has a net cash
position of over S$3 per share.

Here's the latest from Stella:

Dear Members,

Here's the quick update concerning the most important thing, the numbers.

I just arrived here at the insurance company and will stay here for around a week or so. We will do the same as always, i.e. go through the documents you have provided. This is a time consuming work and has to be done manually.

We have received around 65.7% of all the ID and Membership agreement documents we need, so there's stll some work to be done. But we are getting there, no doubt!

My work here will slow down the support for a week or so.

Regards,
Stella

Gave themselves 3-4 more weeks before they have to come up with a new excuse. But I am sure the faithful will see this as good news. The financial markets are in turmoil everywhere but in GPP land. Gotta love it.

Originally Posted by LynnRE

Here's the latest from Stella:

Dear Members,

Here's the quick update concerning the most important thing, the numbers.

I just arrived here at the insurance company and will stay here for around a week or so. We will do the same as always, i.e. go through the documents you have provided. This is a time consuming work and has to be done manually.

We have received around 65.7% of all the ID and Membership agreement documents we need, so there's stll some work to be done. But we are getting there, no doubt!

My work here will slow down the support for a week or so.

Regards,
Stella

Gave themselves 3-4 more weeks before they have to come up with a new excuse. But I am sure the faithful will see this as good news. The financial markets are in turmoil everywhere but in GPP land. Gotta love it.

Thank goodness Stella reminds everyone that the numbers are the most important thing here.
If everyone would just satisfy their part and submit their ID and membership agreement, then there would be no problem with payouts!
Forget about the original obligation. That was not good enough.
Not to mention that the membership has now slowed down support because they have not fulfilled their ID and Membership agreement documents.

It so very sad that a good thing can be ruined because of members.

OH BTW...I hear that deposits are still being accepted.

Ding....Ding....Ding....!