Andrew To
Andrew To
Andrew Tois a member of the Wong Tai Sin District Council, Hong Kong. Of Hakka ancestry, he is the former chairman of League of Social Democrats from 2010 to 2011, succeeding Wong Yuk-man. His wife, Jackie Hung, was a leader of Civil Human Rights Front and Justice and Peace Commission of the Hong Kong Catholic Diocese...
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In the past three days, the market has added more than 500 points. At least 20% of the price is cream, or speculative activity. All we need is one or two negative indicators or pieces of news, and that could give investors an excuse to take profit.
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We see a lot of people scrambling to develop new assets given the high oil price environment.
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The sheer magnitude and frequency of wholesale price rallies are such that absorbing these increased costs to protect market share is simply not a commercially viable option.
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The scramble by resource companies to boost capacity to meet world demand and take advantage of record commodity prices is clearly providing a major impetus to State growth.
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Prices have been rarely, if ever, this high. Now is the time to make hay.
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The supply of semiconductor devices is becoming more constrained, and the downward pressure on the average selling prices of devices seen in 2005 has eased. Any lengthening of device lead-times in coming months will be seen as further evidence of a tightening market.
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At the moment, rising fuel prices are placing a cap on spending.
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That's the way I can offer the best prices to my customers.
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I think prices are reacting again to the situation in Nigeria, with Eni reporting attacks on its pipeline.
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Getting European Commission approval is a key step ... but the fact that there has been such a disconnect between the takeout price of $76 (per Guidant share) and the current share price tells you there's more uncertainty and nervousness out there than normal.
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I don't know why he ran from the car, I know we can all speculate . . . but he was a fool, he's quit the captaincy, he's paid a price . . . . He's a fool because it's not a good image for a captain of a football club. But he's been dealt with by the club under the code of conduct.
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I am from the oil industry and remember when the price was $US10 (a barrel) in 1999 and everyone was saying its going to $US5 (a barrel) ... it was unbelievable to even comprehend a $US50 (a barrel) oil price.
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I wouldn't say we're out of the woods, because if we had a protracted arctic blast across the northern half of the country, that would turn the price around again, but we're still in a much better situation than we were in mid-December.
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We can not ignore that there are price pressures in the PC, that is sort of a foregone conclusion, everybody has been seeing it.