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Fat boy ng yat chung does it again! SPH kicked off STI!!!!!! Most useless SAF paper general ever!
- Thread starter Johnrambo
- Start date
maybe there is a reason till now he is not wearing white LOL. They scare he jinx them
He'll make an excellent PM. He inspires more confidence than Fumbling Stroke or Kee Chiu.
It's time Loong abdicates his throne for NYC.
Make him finance minister first. Sure the Sing dollar will be gone in days.
LMFAO provided you can find a rope tough enough to support the bugger.
SGX is too small and Singapore too tepid a market to trade. Merge to form ASEAN stock exchange better.
SAF paper general may not have the experience to run the show.
But after one failed experience with NOL, i tend to think that he has much more experience. He might be successful this time round running SPH, giving him 2nd chance. Cos all business run around the same idea.
You get a business idea, you get financing for your idea via own shareholder or via bank financing. It's easy to lend money nowadays. SPH is a listed company so director need no personal guarantee for loans facility.
But lo and behold, he sold off NOL, and he moves to SPH and SPH got de-listed at their own stock exchange (SGX). Just what is wrong with this guy ? Is our system not producing brillant people to compete with the World of enterprise ?
But after one failed experience with NOL, i tend to think that he has much more experience. He might be successful this time round running SPH, giving him 2nd chance. Cos all business run around the same idea.
You get a business idea, you get financing for your idea via own shareholder or via bank financing. It's easy to lend money nowadays. SPH is a listed company so director need no personal guarantee for loans facility.
But lo and behold, he sold off NOL, and he moves to SPH and SPH got de-listed at their own stock exchange (SGX). Just what is wrong with this guy ? Is our system not producing brillant people to compete with the World of enterprise ?
Yes it proves the private sector will always be Superior to state linked enterprise.
Fat cheeby got some connections? Screwed up so many times no head roll? Por Lampar skills good? Next elections can come out as pap candidate and ministerial post next
Not true.......look at most sinkie private companies,creative going down the shitcan for the last 10,15 years till people even forget it's going downhill,market value plunge from 3b plus to less than 300 million dollar....hyflux six feet under,breaktalk going downhill,honestbee d.o.a.,carousell going the fark nowhere,losses still 3 times more than revenues,razer on thin ice......osim fell off a cliff.....
Looks like sinkies are terrible at business be it private or public.
The only way a sinkie business can survive is if it's a government authorised monopoly or its involved in real estate or rent seeking.
You either have a meddling totalitarian govt which inevitably resorts to monopoly and rent collection, or you have businesses which thrive and are not crippled by the govt.
Perhaps get rid of the totalitarian govt if you wish businesses to truly thrive.
Ok sinkie land private sector sux, for a host of reasons, usually coz of SLE intervention in their markets...
Hyflux formerly state linked la, Olivia and Dowager hold hand best friends, last time at least before the shit hit the fan and Temasek got out early ahead of everyone else.
But very good point: why sinkies sux at biz? My hunch is that we are trained from young to be risk adverse. It's the ethos of Singapore to be risk adverse. Risk takers are brow beaten into submission to become meek sheep.
ownself kick out ownself. Uniquely Singapore 
how much is SBF worth?
No idea I have never received an offer neither have I ever tested the market. It is not a public listed company so there is no share price to reference either.
Just be thankful that he is not leading our army in war now.
I think he will take over Singtel as CEO, as Singtel is not doing so well
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