"Many applicants are turning t

2023-03-11

"Many applicants are turning to the resale market as they do not wish to risk their first-time priority ballot status or have their first-time privilege suspended."

What kind of reasoning is that? If you turn to the resale market, you are no longer a first-timer (if using grants). Then might as will try and risk the first-tume priority FIRST before turning to the resale market.

SGX Weekly Review: US Federal Reserve, Sea Limited and HDB Resale Prices

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

okkar
2023-03-11
okkar
👍
Sean79
2023-03-11
Sean79
👍
Jeffso
2023-03-11
Jeffso
Wow
jtecjtec
2023-03-11
jtecjtec
thanks
CCX888
2023-03-11
CCX888
good
klimkh
2023-03-11
klimkh
ok

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expenses fell sharply by 61.2% year on year to US$473.6 million.The e-commerce firm booked its first-ever net profit of US$422.8 million for 4Q 2022, a sharp reversal from the net loss of US$616.3 million registered a year ago.Digging deeper into its business segments, all three of Sea Limited’s divisions posted year on year revenue increases.The E-commerce division saw revenue jump 31.8% year on year to US$2.1 billion, of which marketplace revenue was US$1.8 billion.Gross orders, however, fell by 12% year on year to 1.7 billion, with gross merchandise value dipping by 1% year on year to US$18 billion for the quarter.Sea Limited’s digital entertainment division reported a 6.3% year on year rise in revenue to US$948.9 million for 4Q 2022.Quarterly active users, however, continued their downward trend.The company registered 485.5 million users for 4Q 2022, down 14.6% quarter on quarter and 25.8% year on year.A bright spot was Sea Limited’s digital financial services division, which 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0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSGX Weekly Review: US Federal Reserve, Sea Limited and HDB Resale Prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-11 07:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-us-federal-reserve-sea-limited-and-hdb-resale-prices/>The Smart Investor</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nWelcome to the latest edition of top stock market highlights.US Federal ReserveThe latest observation from the chairman of the US Federal Reserve has made investors worried.Jerome Powell had just this...\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-us-federal-reserve-sea-limited-and-hdb-resale-prices/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0348816934.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (USD)","LU0541501648.USD":"ALLSPRING EMERGING 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rise faster than expected, and that the terminal interest rate (i.e. the peak level at which the central bank will no longer raise rates) may also be higher than previously indicated.Back in December last year, consensus had expected the terminal rate to hit 5.1% but after Powell’s remarks, this expectation had now shifted to a range of 5.5% to 5.75%.At the upcoming Federal Open Market Committee meeting from March 21 to 22, many observers also expect a 0.5 percentage point increase.This news will hit borrowers hard as interest rates look poised to rise further, inflicting even more pain on highly-indebted individuals and businesses.Investors also worry that these higher rates will increase the probability of a punishing recession as demand for goods and services falls off a cliff and businesses start shedding jobs as they hold back from expanding.Sea Limited (NYSE: SE)Sea Limited turned in a surprise profit for its fiscal 2022’s fourth quarter (4Q 2022) as the e-commerce outfit took drastic steps to rein in costs.CEO Forrest Li remarked that the company has started 2023 on a “much stronger footing” as it pivots from growth at all costs to focus on efficiency and profitability.His remarks echoed what Mark Zuckerberg of Meta Platforms (NASDAQ: META) had told analysts of the company entering a “Year of Efficiency”.Total revenue rose 7% year on year to US$3.5 billion for 4Q 2022.Cost of sales dipped from US$1.9 billion to US$1.7 billion over the same period while sales and marketing expenses fell sharply by 61.2% year on year to US$473.6 million.The e-commerce firm booked its first-ever net profit of US$422.8 million for 4Q 2022, a sharp reversal from the net loss of US$616.3 million registered a year ago.Digging deeper into its business segments, all three of Sea Limited’s divisions posted year on year revenue increases.The E-commerce division saw revenue jump 31.8% year on year to US$2.1 billion, of which marketplace revenue was US$1.8 billion.Gross orders, however, fell by 12% year on year to 1.7 billion, with gross merchandise value dipping by 1% year on year to US$18 billion for the quarter.Sea Limited’s digital entertainment division reported a 6.3% year on year rise in revenue to US$948.9 million for 4Q 2022.Quarterly active users, however, continued their downward trend.The company registered 485.5 million users for 4Q 2022, down 14.6% quarter on quarter and 25.8% year on year.A bright spot was Sea Limited’s digital financial services division, which reported a 92.5% year on year surge in revenue to US$380.2 million.HDB resale pricesThe increase in HDB resale prices has finally come to a halt after rising without fail for 31 consecutive months.Demand for these flats has stayed high as construction had temporarily halted during the pandemic, despite the cooling measures that the government had imposed at the end of September 2022.But this trend may reverse by the end of this year as an increased supply of around 26,000 to 28,000 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Look forward to 2023 as we cover the industries and sectors that are poised to do well in the year ahead. Click HERE to download for free now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":461,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":316,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":106008150,"commentId":"106008150","gmtCreate":1678503381393,"gmtModify":1678503384783,"authorId":3580969894464089,"author":{"id":3580969894464089,"idStr":"3580969894464089","authorId":3580969894464089,"name":"okkar","avatar":"https://static.tigerbbs.com/5284953eb6a2c6608eb0336ea3795f46","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities 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