Temasek unbroken buy high sell low streak latest episode

both gastro-intestinal-colon (gic) and stomachsick invested in china’s centurium capital last july bolstering that fund raising round to over $2.69b (yes 69 again, no joke), and centurium was the main backer of fuckin luckin coffee (based in fuckien city of xiamen). if fuckin luckin cooks its books, you can also say centuperineum cooks up a cock and bull story too to attract funds from not only one but both sovereign wealth funds of buy high sell low sg. onus is on investors who do not do their due diligence, thorough background checks, and sexhaustive credit investigation in the back offices. for me, once i see any firm from prc no matter how “credible” or “highly placed” they seem to be asking for money, i delete their emails without a 2nd thought. i just turned down one asking for money to start a rare earth magnet manufacturing venture in less than 6.9 seconds.
 
nightsafari said:
that's quite a few buyouts... Do you think they have anybody who can adequately lead those ships once bought over? Look at NOL. Buy over, inject all the cash also no use if they squander it.
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Worse. The people who bought over turned the company around and made profits within ONE year.
 
laksaboy said:
If Empress Dowager Ho has other 'strategic investments' in China, expect a world of pain. Luckin was just a sneak preview... a trial bombing run. :cool:

Unfortunately, it will be ordinary Sinkies who suffer as her effeminate husband squeezes more wealth from them to replenish her shopping allowance.
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Its OK. We can afford it. :cool:
 
Valium said:
When HO Ching that cheebye long, you short. You do the opposite and you will huat. This fucking bitch has no idea what she's doing.
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no human can be that stupid la, got under table money thats why all purchases eventually kaput......
 
Nice-Gook said:
temasek should never ever do a buyout of companies which is not essential to their core business ...such busineeses bought by soverign investment companies whose core business is investment most likely to fail ..
the main reason is management itself ...there is such thing as dedication and passion for any business ...that is why even where in listed companies where the ex owners will be a minority share holder but the directorship and the chairmanship lies with the people who floats the company ...in fact ,banks are in the an excellent position to seize companies in distress and replace them with management if that is the way to go ...they usually never do

let me rephrase...our scholar boys sitting comfy will usually ask for submission of proposals to float any new ventures that requires their apporoval....only for such proposal to be put on hold or rejected and makes an appearance some months or yesrs later as their very own ...simply stealing ideas...but almost all such ventures they undertook failed ,i reckon it lacks the X factor or passion that the originator had ...the free news paper you see being distributed is such a one ...burecracy or government should never never enter private enterprises
.
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agreed.
 
eatshitndie said:
both gastro-intestinal-colon (gic) and stomachsick invested in china’s centurium capital last july bolstering that fund raising round to over $2.69b (yes 69 again, no joke), and centurium was the main backer of fuckin luckin coffee (based in fuckien city of xiamen). if fuckin luckin cooks its books, you can also say centuperineum cooks up a cock and bull story too to attract funds from not only one but both sovereign wealth funds of buy high sell low sg. onus is on investors who do not do their due diligence, thorough background checks, and sexhaustive credit investigation in the back offices. for me, once i see any firm from prc no matter how “credible” or “highly placed” they seem to be asking for money, i delete their emails without a 2nd thought. i just turned down one asking for money to start a rare earth magnet manufacturing venture in less than 6.9 seconds.
Click to expand...
so both were involved? wow even worse...

yes you're right on due diligence and with Chinese companies the safest investment is to sew the money into your own pockets...
 
Makes you wonder about the quality of due diligence done by the automatons at Temasek. This is not the first not will it be the last.

MoF has failed utterly in it's oversight of Temasek. A disgrace to the nation for allowing this level of incompetency to go unpunished.

If MoF refuses to be the watchman, this rot will only continue. Looking at you HSK.
 
hofmann said:
Makes you wonder about the quality of due diligence done by the automatons at Temasek. This is not the first not will it be the last.

MoF has failed utterly in it's oversight of Temasek. A disgrace to the nation for allowing this level of incompetency to go unpunished.

If MoF refuses to be the watchman, this rot will only continue. Looking at you HSK.
Click to expand...

Looking down at HSK, you mean?
Difficult to challenge your boss when his wife is the person you are bitching about.
 
hofmann said:
Makes you wonder about the quality of due diligence done by the automatons at Temasek. This is not the first not will it be the last.

MoF has failed utterly in it's oversight of Temasek. A disgrace to the nation for allowing this level of incompetency to go unpunished.

If MoF refuses to be the watchman, this rot will only continue. Looking at you HSK.
Click to expand...
really no standard. Not even average level of performance, but really scraping the barrel level of performance. talk about throw face.

MoF only has ostensible oversight of Temasek. There is no oversight practically speaking.

Is there any further reason to guess why the great unwashed 3rd worlders are being imported en masse?
 
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