• Login:
Welcome, Register Here
follow PropertyTalk on facebook follow PropertyTalk on twitter Newsletter follow PropertyTalk on LinkedIn follow PropertyTalk on facebook
Page 1 of 2 1 2 LastLast
Results 1 to 10 of 12
  1. #1
    Join Date
    Jun 2005
    Location
    Auckland
    Posts
    5,086

    Default Financial Crisis Hit Japan!

    Following the demise of Northern Rock, Lehman Brothers, HBOS and the
    Bradford and Bingley, the banking crisis has hit Japan.

    In the past three days, the Origami Bank has folded, Sumo Bank has gone
    belly up and the Bonsai Bank has decided to cut some of its branches.

    Yesterday, it was announced that the Karaoke Bank is to be sold and is
    likely to go for a song while, today, Kamikaze Bank shares were
    suspended after they nose-dived.

    Samurai Bank has announced that it will soldier on but deep cuts are
    expected and Ninja Bank says it has taken a big hit but remains in the
    black.

    500 staff at the Karate Bank will get the chop and analysts report
    something fishy going on at Sushi Bank where investors are expecting a
    raw deal.
    DFTBA

  2. #2
    Join Date
    Oct 2008
    Location
    Auckland/Melbourne/ whereever the money is
    Posts
    1,380

    Default

    You'll have one of those Ninjas after you if you are not careful.
    or a currency trader - who rushes to the trading screen & dumps all his yen before he reads the post properly. (Which I was about to do before I remembered your reputation)

    A clever post but in rather bad taste with all the real losses people are taking right now !
    Last edited by Keithw; 07-10-2008 at 11:01 PM.

  3. #3
    Join Date
    May 2004
    Location
    Bay Of Plenty, NZ
    Posts
    3,604

    Default

    Hi Keithw

    Not sure whether you're being serious or not??!!

    Cube's post is in the FORUM FUNNIES section, which should give u a good indication of it's seriousness!!

    Hey Cube, funny post!!
    Patience is a virtue.

  4. #4
    Join Date
    Oct 2008
    Location
    Auckland/Melbourne/ whereever the money is
    Posts
    1,380

    Default

    Am I being serious ?
    50/50

    When I looked further I noted it was in the funnies, but when I first saw it it was under New Posts (I didn't notice the category).

    This is a very volatile time with the credit crunch, and I guess I might be a bit jumpy, but as soon as I saw the title and did a quick skim read, I immediately went to the trading platform.

    With things bouncing up & down in seconds at the moment, there is huge money being made & lost based on any statement that may even remotely be seen as influencing what happens on the markets.

    As I said, a clever post, but a potentially dangerous one.

  5. #5
    Join Date
    Apr 2006
    Posts
    4,018

    Default

    Quote Originally Posted by Keithw View Post
    This is a very volatile time with the credit crunch, and I guess I might be a bit jumpy...
    I hope you work on the ground floor.

    Paul.

  6. #6
    Join Date
    Dec 2006
    Location
    Auckland
    Posts
    669

    Default

    anyone who makes financial decisions based on ONE post on a site like this deserves to make a big mistake. situation or no situation.

    Sorry Keith - if you did lose money i feel for you.
    two ears and just one mouth.. for good reason.

  7. #7
    Join Date
    Sep 2008
    Posts
    7,561

    Default

    i just nipped in to buy some toyota shares

    have been wanting some for the last few years but they had climbed to around 6750yen and i was kicking myself that i hadn't followed through when i first thought of it and they were 3500yen per share

    at close on friday they were 3200yen so i decided to buy some today, but the time i could close it they were 3740. hoping they go back up to 5000 soonish;o)

  8. #8
    Join Date
    Jun 2008
    Location
    Auckland/Tauranga/Gold Coast
    Posts
    2,960

    Default

    Macqarie Bank is looking pretty cheap at $35.61

  9. #9
    Join Date
    Jun 2008
    Location
    Auckland/Tauranga/Gold Coast
    Posts
    2,960

    Default

    Previous Close . $31.75
    52 week high $87.31
    52 week low $25.98
    P/E Ratio5.35
    SectorBanks
    Market Capital$8,922 million

    Nice numbers for Macquarie Bank

  10. #10
    Join Date
    Sep 2008
    Posts
    7,561

    Default

    macquarie have been deep deep deep into creative ways to make money.....

    where as toyota have been doing the very simple thing of making cars well

    time will tell how they stack up against each other


 

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Global Financial Crisis Forum
    By Marc in forum Videos
    Replies: 1
    Last Post: 01-03-2013, 08:40 PM
  2. George Soros on financial crisis
    By Marc in forum Videos
    Replies: 4
    Last Post: 05-09-2012, 06:39 PM
  3. 25 People to Blame for the Financial Crisis
    By Marc in forum World in General
    Replies: 1
    Last Post: 19-02-2010, 08:23 PM
  4. South Park explains the financial crisis
    By drelly in forum General (NZ)
    Replies: 7
    Last Post: 08-04-2009, 12:22 AM
  5. Dubai and the global financial crisis
    By Marc in forum Videos
    Replies: 0
    Last Post: 15-03-2009, 12:07 PM
  6. How far through this financial crisis are we?
    By drelly in forum General (NZ)
    Replies: 7
    Last Post: 26-02-2009, 03:34 PM
  7. Replies: 0
    Last Post: 24-02-2009, 05:30 PM
  8. Paul Keating on global financial crisis
    By Steve Netwriter in forum Videos
    Replies: 1
    Last Post: 16-02-2009, 12:54 PM
  9. Financial crisis hits home
    By essence in forum Regions News (NZ)
    Replies: 2
    Last Post: 14-11-2008, 02:18 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •