Lendlease reports US$1 billion loss
#1

https://www.reuters.com/business/lendlea...024-08-19/
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#2

Obeegood.

“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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#3

Waw kau, cheater bug

8Umbrella Umbrella
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#4

Not good. No wonder sold its NEX
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#5

[Image: Screenshot-2024-08-19-22-51-08-22-2e6680...a25324.jpg]
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#6

read this type of news, already know recession for sure.

like last time, all cnbc and cnn and also marketwatch all talk smart no recession, then all of a sudden
recession strike.

Even fed also behind the curve all the time,, then later keep printing money again n kick the can further down the road...

this time dies, debt so high, inflation also so so..ME war oil shoot up all dies together.

better buy gold and bit coin..
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#7

Australia UK US and Europe ...many real.estate companies reported bad earnings.

Many are caught will falling rental, falling asset prices and higher interest payments.

But all these seems under reported by financial press.

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#8

Singapore new PM got cooling measure and big gov subsiding housing for housing buyers....won't die one...
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#9

(20-08-2024, 01:37 AM)victortan Wrote:  read this type of news, already know recession for sure.

like last time, all cnbc and cnn and also marketwatch all talk smart no recession, then all of a sudden
recession strike.

Even fed also behind the curve all the time,, then later keep printing money again n kick the can further down the road...

this time dies, debt so high, inflation also so so..ME war oil shoot up all dies together.

better buy gold and bit coin..

Bitcoin got no value. For speculation only. Don't hai si lang.
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#10

(20-08-2024, 06:48 AM)winbig Wrote:  Bitcoin got no value. For speculation only. Don't hai si lang.

Bitcoin is pegged with USD. USD crash, bitcoin also crash.

“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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#11

(20-08-2024, 08:05 AM)RiseofAsia Wrote:  Bitcoin is pegged with USD. USD crash, bitcoin also crash.

Where got pegged with USD? When USD chiong, bitcoin stayed stagnant.
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#12

Lendlease agreed to end all international development and sell its overseas construction division. The change is the biggest overhaul of the business since it sold MLC to the National Australia Bank more than two decades ago.

Investors took the $1.38 billion in impairments and restructure charges – within a range of between $1.15 billion and $1.48 billion outlined in May – in their stride, however, and Lendlease shares closed down just 5¢, or less than 1 per cent, at $6.30 on Monday.

https://www.afr.com/property/commercial/...0Australia.
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#13

(20-08-2024, 03:14 AM)sgbuffett Wrote:  Australia UK US and Europe ...many real.estate companies reported bad earnings.

Many are caught will falling rental, falling asset prices and higher interest payments.

But all these seems under reported by financial press.
             
So, China die lah.    



Rotfl
.
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#14

NTUC owns many buildings and units in SG

Are they affected?

https://www.straitstimes.com/business/nt...uide-price

https://www.bing.com/search?q=NTUC+owned+buildings&form=ANNTH1&refig=1520131f402a4bc28c63f5e44573db6c&pc=HCTS

Why do we need 5 Mayors and 87 PAP Ministers? 
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#15

(20-08-2024, 09:24 AM)theold Wrote:  Lendlease agreed to end all international development and sell its overseas construction division. The change is the biggest overhaul of the business since it sold MLC to the National Australia Bank more than two decades ago.

Investors took the $1.38 billion in impairments and restructure charges – within a range of between $1.15 billion and $1.48 billion outlined in May – in their stride, however, and Lendlease shares closed down just 5¢, or less than 1 per cent, at $6.30 on Monday.

https://www.afr.com/property/commercial/...0Australia.

Though is $1 bil, now 1.5 bil...?.
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#16

(19-08-2024, 10:52 PM)Tee tiong huat Wrote:  [Image: Screenshot-2024-08-19-22-51-08-22-2e6680...a25324.jpg]

Sgd$6.30 or sgd$0.630...?.
[Image: Screenshot-2024-08-20-11-08-32-40-2e6680...a25324.jpg]
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#17

(20-08-2024, 11:03 AM)Tee tiong huat Wrote:  Though is $1 bil, now 1.5 bil...?.

1 bil is USD. 1.5 is AUD. Australia Financial Review is an Australian media.
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#18

(20-08-2024, 01:33 PM)Levin Wrote:  1 bil is USD. 1.5 is AUD. Australia Financial Review is an Australian media.

OiC....thk Big Grin
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