Ang mohs laugh at Ho Ching's stupidity

[The_Latest_H]

they are kept in SOEs as clowns because afraid some Russian or PRC meimei scissor clamp them with their cheebyes and make them leak military worthless secrets. Yes nor sir charge you is a joke in any proper MNC. These are glorified positions of chorbolan. I know a few jokers from PRC now hired as Vice Presidents of big Eurotrash companies. Skill? English literature and PRC govt. job for all their life, not related to business. Tells u a lot.

All I know is that if you're a livelong PAP civil servant, and has never been exposed to the real business marketplace overseas, you don't deserve to run a stat board or a government-owned business, or even a private company.

Even more American civil servants have had private sector experience, or management experience in the NGO/non-profit side, and this has bode well for them. Here, our civil servants have nowt and yet think they can run a mega-million corporation.

That goes for some of the SAF generals whose fighting experience consist of computer warfare games, ATEC and being protected by American troops in Iraq and Afghanistan. Against someone like David Petraeus, they are nothing- let alone a businessman/woman in India, China, Korea, Japan and in the west.

 

[nanana1]

You see PAP jealous and fucked maths. I would fill it up with FTs and collect levies to get back the 400 million and create new jobs or training for freshies and retirement denied seniors. Seniors as gardeners to make Singapore a green city is the best idea. Make them look after real garden plants, not fuck shit. Lengthen their lifespan while provide good service and calm their nerves.
Old people for gardens is the best. Not roadsweepers, okay?

You talk only. If you are so good, you would be a millionaire and your family would be flying to FTland on 1st class on a fully paid holidays :p

 

[Leegimeremover]

You talk only. If you are so good, you would be a millionaire and your family would be flying to FTland on 1st class on a fully paid holidays :p

U also tok only failed PAP dog. Or else you oso overseas. How u know I not rich hahaha? What? Wild guess ar, PAP cyber fraud squad.

 

[omega]

Even the top CEO's of companies who lost big $$$$$ know how to bow out in dignity. This bloody bitch just dun care.
<!-- / message --><!-- sig -->

Maybe that's why she volunteer to take a pay cut

 

[nanana1]

Leegimeremover says, "U also tok only failed PAP dog. Or else you oso overseas. How u know I not rich hahaha? What? Wild guess ar, PAP cyber fraud squad."


Whoa ! Rich dog barking.

 

[newyorker88]

A scholar does not mean they understand real world. Talk cock and get good grades only.

A general who have not fired a live round at any enermy before, what a joke.

A govenment who is elected by a percentage of people, won by GRC crap.

A family who has all members hands on in savings of the common people.

Heaven help singkees all.

 

[Leegimeremover]

Black October eats into Temasek’s paper wealth

SINGAPORE, Nov 4 — Last month's market upheaval swept away S$16.4 billion (RM40 billion) in market value from Temasek Holdings’ portfolio of major investments in Singapore-listed companies alone.

Calculations, based on the shrunken market capitalisation of 12 companies Temasek has a significant stake in, show that the value of its investments fell 25.7 per cent between Sept 30 and Oct 31. Compared to the beginning of the year, the drop is 45.7 per cent, or S$40 billion.

Singapore’s stock market capitalisation plunged S$123.5 billion in the month of October.

Temasek saw a huge chunk of market value destroyed — on paper — from its 55 per cent stake in SingTel, which translated into S$7.1 billion getting sliced off its portfolio's value in the month of October. The value of its SingTel stake fell S$13.7 billion from Dec 31, 2007.

Its 29 per cent core interest in DBS Group meant that the bank contributed the second largest cut in value to Temasek's Singapore portfolio — S$2.4 billion over the course of last month. DBS had borne the brunt of the sell-off among the three local banking stocks in October, losing 34 per cent of its market cap.

Temasek's 54 per cent share in Singapore Airlines' market cap dipped S$2 billion in the month of October, and S$4 billion this year so far. Its other transportation and logistics investments saw market value shrink too. Temasek's stake in SMRT Corporation meant a loss in market value of S$360 million, while the value of its interest in Neptune Orient Lines fell by S$563 million.

Market cap fell for the three infrastructure, industrial and engineering stocks with Temasek interest too.

Temasek's share of ST Engineering, Sembcorp Industries and Keppel Corporation's market value losses last month came to S$584 million, S$726 million and S$1.1 billion respectively.

Technology stocks Chartered Semiconductor Manufacturing and STATS ChipPAC meant value cuts for Temasek of S$232 million and S$776 million respectively in October too. Its comparatively smaller 15 per cent stake in Fraser and Neave still led to a loss in value of S$171 million last month.

CapitaLand was not hit as badly in October, so Temasek's 40 per cent interest in it led to a loss of S$237 million, though for the year so far, the property developer has taken S$3.8 billion off Temasek's portfolio.

Geographically, Singapore accounts for about a third of Temasek's net portfolio value.

It maintains a 12 per cent portfolio exposure to Asean countries, 22 per cent to North Asia, 23 per cent to the OECD economies, and a 7 per cent exposure to emerging South Asian economies such as India and Pakistan. — Business Times Singapore

 

[po2wq]

Maybe that's why she volunteer to take a pay cut

ppl bow out ... she oni take pay cut ... still a big gap of difference, hor! ... :p