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Serious Bad Debts

Discussion in 'The Courtyard Café' started by ckmpd, Feb 14, 2017.

  1. ckmpd

    ckmpd Alfrescian Old Timer

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    Bad debts are rising in SG.

    DBS, UOB, OCBC are all affected and this bad debt issue is gg yo cascade down and affect the other industries.

    Let us see how pap and MSM will spin and lie abt this bad issue
     
  2. gingerlyn

    gingerlyn Alfrescian (Inf)

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    i only worried that one day uber / grab etc all dump their cars and the business model collapsed.
    ho sey!!!
     
  3. shittypore

    shittypore Alfrescian Old Timer

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    How much did Termasick invested in these two Co., any idea? There goes Sinkies hard earned cash.
     
  4. ckmpd

    ckmpd Alfrescian Old Timer

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    hope that Uber and Grab succeed
     
  5. ckmpd

    ckmpd Alfrescian Old Timer

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    Compared to what Temasek lost overseas, wht they lose in SG is petty cash
     
  6. halsey02

    halsey02 Alfrescian (Inf)

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    Our CPF money is their petty cash.....
     
  7. blissquek

    blissquek Alfrescian Old Timer

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    Very sad.. we are living in an unreal world ...with the money and power in the hands of the few..

    I trade and follow the news and watch the market..

    Looking at DBS, saddled with over a billion in bad debt...Swiber and Ezra..and yet the bank share price goes the
    other way..higher and higher ..from $15.50 to $18.50.. Clearly there is an invisible hand in it.

    And also...Olam and Nobel..both were targeted by shortist..and yet Olam stays above $2 and Nobel is 0.20 cts ..in the dumps.

    Olam , with its god-father using taxpayer money is propped up while Nobel diligently pared down its assets to pay its loans due. Olam and Dbs own by Temesek, using our taxpayer money.

    And yet, their blue eye boy, Gupta still get to keep his job..

    How unreal is this..???
     
  8. ckmpd

    ckmpd Alfrescian Old Timer

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    Yes, they take gamble with our CPF money. Make money from the gamble, they claim they are astute investors and reward themselves handsomely. Lost money they blame on external factors.
     
  9. ckmpd

    ckmpd Alfrescian Old Timer

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    Temasek plays the share market. DBS belongs to TH.

    TH has our CPF money to manipulate the Singapore market. So invest wisely and remain nimble to take profits and live to fight another day
     

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