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NOL run into the ground by PAP scholar Generals, now being sold to French. WTF
- Thread starter Papsmearer
- Start date
What was that term Mou used to describe Wenger... ' specialist in failure'! We got a whole bunch of them!
Just 'useless' is, well, useless.
Must be useless, connected (only to the A-Lee's-trocratic ) and obedient then can be rich without accountability nor brains.
Cedric the Fool has been very secretive about his family life. All I can find out is that he is married with 4 children. Unlike other MPs who disclose their wife's name and even their children's, Cedric the Fool makes no such revelation. This really brings me to ask who is his wife? Is she a Kwa or a Lee or related to them? Is that how he can go from one golden job to another? This sort of thing has to be made known to the public. What if his constituency regularly awards large contracts to a company run by his wife. We wouldn't know because we have no idea who his wife is.
I
U want to tackle his Wife??
U want to tackle his Wife??
Several scholar generals study in France what. So they are selling it to their old friends.
Should sell SPC, it's going nowhere.
Will Aunty Ho be calling tis Fat General and fook him for sinking all NOL'S Tankers and what excuses will Fat General say to Aunty Ho?
Ho Say Leow????????????
One is a Whore (Jinx) and the other is a Fool (Cedric). Together, they are a foolish whore. Then ask why NOL is so fucked up today.
I thought SPC already sold to Tiongs?
10 years ago, Temasek in a "brilliant" moved decided to spend $1.57 billion and pay $2.80 a share for the remaining 70% shares it did not own of NOL. By some minor miracle not all the common shareholders decided to take whore Jinx up on her offer. I am sure they are kicking themselves now for that. In any event, only 38.7% of the other shares were bought by Temasek, boosting their holding from 30% to 68.64%. Lets remember that is NOL, a GLC and a Temasek Holdings company. Today, just over 10 years later, the NOL stock price has plummeted to just over $1 per share and Temasek is in the process of selling off this money loser, which at one time was the national flag carrier of singapore. Its incredible to believe that in a controlled economy with a market maker like Temasek, Whore Jinx can still lose money on an investment that she could easily have manipulated. Its not like some foreign companies like Shincorp, or ABC Learning, or Bank of America came in and cheated/conned WHore Jinx into buying them and then cause her to lose tons of money. This is a self inflicted wound that cost the taxpayer over $1 billion.
How did it get to be this bad at NOL? Well, first, you take a 40 year shipping industry veteran that you had running NOL (Flemmings Jacob), and then you fire him because he would not kiss Temasek's ass and por lumpar. Maybe in Denmark where he comes from, merit and ability gets you to the top. But He forgot that he was not in Copenhagen anymore and in singapore, paper degree and ass kissing ability gets you to the top. In any case, you get rid of Jacob in 2003, and do you put in another 40 year shipping expert to replace him? If you are Whore Jinx, Of course not!! instead, you put in former Minister David Lim to be CEO in place of Jacob and you put garment maker Cheng Wai Keung (also vice chair of the PAP's china folly Suzhou Industrial Park) to be his boss as Chairman of the Board of NOL.
Whore Jinx then follow this stirling examples of fucked up appointments by further replacing David Lim with ex SAF Arty General Ng Yat Chung and with his boss being Whore Jinx's husband Gay Loong's first cousin, Kwa Chong Seng as Chairman. Today after 2 changes in CEO and Chairman after Jacob left, you have the result you see now. A share price of $1.06 and Temasek desperately looking around for buyers to what was once a national treasure. Thank you WP for not raising this. There is no better proof then this example of NOL to prove to the people of singapore that scholars cannot run businesses, that the PAP makes poor choices, and that Whore Jinx is a fuck useless asset manager. God Help US ALL.
How did it get to be this bad at NOL? Well, first, you take a 40 year shipping industry veteran that you had running NOL (Flemmings Jacob), and then you fire him because he would not kiss Temasek's ass and por lumpar. Maybe in Denmark where he comes from, merit and ability gets you to the top. But He forgot that he was not in Copenhagen anymore and in singapore, paper degree and ass kissing ability gets you to the top. In any case, you get rid of Jacob in 2003, and do you put in another 40 year shipping expert to replace him? If you are Whore Jinx, Of course not!! instead, you put in former Minister David Lim to be CEO in place of Jacob and you put garment maker Cheng Wai Keung (also vice chair of the PAP's china folly Suzhou Industrial Park) to be his boss as Chairman of the Board of NOL.
Whore Jinx then follow this stirling examples of fucked up appointments by further replacing David Lim with ex SAF Arty General Ng Yat Chung and with his boss being Whore Jinx's husband Gay Loong's first cousin, Kwa Chong Seng as Chairman. Today after 2 changes in CEO and Chairman after Jacob left, you have the result you see now. A share price of $1.06 and Temasek desperately looking around for buyers to what was once a national treasure. Thank you WP for not raising this. There is no better proof then this example of NOL to prove to the people of singapore that scholars cannot run businesses, that the PAP makes poor choices, and that Whore Jinx is a fuck useless asset manager. God Help US ALL.
I think so too. It is no longer under Singapore
it is unlikelee he will say it is a dishonest mistake and ask to hentak kaki.
you are wrong. with NOL sold, he will be given the golden handshake with enough doigh to lap it up in vegas with a stripdancer for a month.
i think he means that in the real world,these paper generals are completely useless.
there's still some value in the u.s. issued medal. it's selling for usd32.99 on ebay. :p
usd32.95 on medals of america site.....
http://www.medalsofamerica.com/Item...ng&utm_medium=cpc&utm_campaign=(roi)+shopping
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To my knowledge, there has not been one good example of a SAF ex scholar general being parachuted into a GLC and doing so well that he becomes internationally recognized and respected and also at the same time double his company share price, etc. Quite the opposite, all we are seeing is absolute failure. Looking at SMRT too as a further example it does not work.
To my knowledge, there has not been one good example of a SAF ex scholar general being parachuted into a GLC and doing so well that he becomes internationally recognized and respected and also at the same time double his company share price, etc. Quite the opposite, all we are seeing is absolute failure. Looking at SMRT too as a further example it does not work.
