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Old 1 May 2012, 02:19 PM   #31
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Quote:
Originally Posted by chichow View Post
Today's USD HKD rate was 1 USD to 7.75 HKD
Shop was offering rate of 1 USD to 7.73 HKD

If you had a Hang Seng Bank Account, Hang Seng Bank would take exchange USD from your US dollar account to your your Hong Kong dollar account at a rate 1 USD to 7.746

Difference = 7.746 - 7.73 = .016 = 1.6%

Savings = ~70,000 x 1.6% = 1120 HKD

How much was lunch? :)
I think the final negotiated price was 68K, and Ricco paid only a portion in USD.

Lunch was about $500 just between me and Bryan.

Ricco - we are waiting for the pics of your new addition!
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Old 1 May 2012, 05:39 PM   #32
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Thanks to inspires for arrangements. And great to hook up with you all. Ricco, where's the pic?
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Old 1 May 2012, 07:22 PM   #33
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...and Ricco paid only a portion in USD.

Lunch was about $500 just between me and Bryan.

Ricco - we are waiting for the pics of your new addition!
Yeah, I was just using estimates " ~70,000 " to note potential savings.

I also didn't want to out Ricco unless he wanted to post himself, but
now that is sort of out.

Ricco: We waiting for photos. Is it bliss?
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Old 1 May 2012, 10:30 PM   #34
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Quote:
Originally Posted by chichow View Post
Yeah, I was just using estimates " ~70,000 " to note potential savings.

I also didn't want to out Ricco unless he wanted to post himself, but
now that is sort of out.

Ricco: We waiting for photos. Is it bliss?
Guys, we need pics, look forward
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Old 2 May 2012, 10:25 AM   #35
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Sorry I couldn't make it guys. Still at the hospital and waiting for my operation.
I hope to see you guys at the next GTG. Eric, thanks for organising this HK GTG! :)
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Old 2 May 2012, 07:55 PM   #36
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Sorry I couldn't make it guys. Still at the hospital and waiting for my operation.
I hope to see you guys at the next GTG. Eric, thanks for organising this HK GTG! :)
No problem! Hope you get well soon!

Ricco, the man with the Leica, we are still waiting for your pics!!!
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Old 4 May 2012, 02:57 PM   #37
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Good to make new friends over in HK. Too bad time was too short for all of us. Please beware of 'inspire' as he is a true enabler. Resistance is futile. :) Will try to upload some GTG photo once I get my internet sorted out.
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Old 4 May 2012, 03:04 PM   #38
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Quote:
Originally Posted by chichow View Post
Today's USD HKD rate was 1 USD to 7.75 HKD
Shop was offering rate of 1 USD to 7.73 HKD

If you had a Hang Seng Bank Account, Hang Seng Bank would take exchange USD from your US dollar account to your your Hong Kong dollar account at a rate 1 USD to 7.746

Difference = 7.746 - 7.73 = .016 = 1.6%

Savings = ~70,000 x 1.6% = 1120 HKD

How much was lunch? :)
You're right Eric. But time was a factor for me. I was practically almost late for the train and that price is already similar to the offers in TRF with the benefit of no waiting for the postman. You know how irritating the waiting is...:) Greatly appreciate your superb finance though.
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Old 4 May 2012, 03:05 PM   #39
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Sorry I couldn't make it guys. Still at the hospital and waiting for my operation.
I hope to see you guys at the next GTG. Eric, thanks for organising this HK GTG! :)
Now what happened to you...
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Old 4 May 2012, 03:06 PM   #40
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No problem! Hope you get well soon!

Ricco, the man with the Leica, we are still waiting for your pics!!!
You realize we only took like 1-2 shots that time right. :D
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Old 4 May 2012, 04:23 PM   #41
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You realize we only took like 1-2 shots that time right. :D
Two shots is better than none my friend

Let's see some pics!!!
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Old 4 May 2012, 04:26 PM   #42
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Now what happened to you...
Injured my leg while playing footbal. Broke my tendon...
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Old 4 May 2012, 05:12 PM   #43
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Pictures... or it didn't happen.
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Old 5 May 2012, 11:59 AM   #44
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Pictures... or it didn't happen.
Yea I want to see some pics too
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Old 8 May 2012, 07:10 PM   #45
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here you go....
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Old 8 May 2012, 07:15 PM   #46
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thanks to inspires, chichow, and bcacncnc for being enabling...

i hope i dont regret this.
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Old 8 May 2012, 07:18 PM   #47
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and so TRFers, it DID happen. :)
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Old 8 May 2012, 11:28 PM   #48
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What a good lookin' bunch!
Is that sino mall you're in?
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Old 8 May 2012, 11:41 PM   #49
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Err...eric should know better. Im just a tourist after all. Its at kimberly.
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Old 8 May 2012, 11:52 PM   #50
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Great! Definitely coming to the next GTG once my leg recovers!! :)
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Old 9 May 2012, 01:35 AM   #51
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Thanks for posting the pics Ricco and some nice macros of your new addition!
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Old 9 May 2012, 11:38 AM   #52
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Great pics, Thanks for sharing.
Rich, you'll never regret that. Enjoy.
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Old 9 May 2012, 02:06 PM   #53
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Its at kimberly.
Thanx, I'll have to check it out again, i was disappointed last time but that was 5 years ago.
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Old 18 May 2012, 12:53 AM   #54
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What happened?
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