The question is..... Is singtel too important to fail? Will govt allow it?
Singtel shares had been a scam all the while ,so no suprises.Why ?
Remember PAP touted Singtel shares at hugely discounted prices many years ago ?...the joke was this .
Everyone than rushed to reap the benefit ,of buying Singtel shares than ,guess at 2.80 or something .I am subject to correction ..
but guess what was the book value ? 15 cents per share !
anyone with accounting knowledge will know this ...by book value it simply means this ...suppose Singtel close shop on that day ,which means it has to pay off everybody from the sales of its assets ...what is left is divided and paid to the share holders...that was 15cents and it's called the book value .
so how was the share value of 2.80 determined ...pure gamble in the share market just like you COE ,by itself it has no value ...the value goes up or down depending how much you are willing to be robbed
blame yourself sinkies
nice to hear you buddy ..tks for the welcomeWelcome back Sir.
Where hv u been.?
Ahhhh... Ur missing during election time.... Busy busy ahhh....
Singtel shares had been a scam all the while ,so no suprises.Why ?
Remember PAP touted Singtel shares at hugely discounted prices many years ago ?...the joke was this .
Everyone than rushed to reap the benefit ,of buying Singtel shares than ,guess at 2.80 or something .I am subject to correction ..
but guess what was the book value ? 15 cents per share !
anyone with accounting knowledge will know this ...by book value it simply means this ...suppose Singtel close shop on that day ,which means it has to pay off everybody from the sales of its assets ...what is left is divided and paid to the share holders...that was 15cents and it's called the book value .
so how was the share value of 2.80 determined ...pure gamble in the share market just like you COE ,by itself it has no value ...the value goes up or down depending how much you are willing to be robbed
blame yourself sinkies
Not panic. Wishful.Doctor should not panic so easily.
I had pretty much explained in simple terms what is the book value and the value traded in stock marketwhat....so ur saying singtel shares is just a bubble?
I had pretty much explained in simple terms what is the book value and the value traded in stock market
most who trade in stock market are simply gamblers ...they gamble on the premise of stock or share price going up or down based on future earnings ...NOT what the company is actually worth
this is where people like Warren Buffett differs...he looks at the book value and future potentials
again ,book value is not so simple either ...it also can hide many things ,for eg if the company is being sued and about to go bankrupt it will not reflect in the books or company can hide the real value of its assets too ...for eg.OCBC use to hold gold as it's reserve...but the value was very very low,think 30dollars an ounce or something like that ..but if you sell than it would fetch 10times more in the open market ...Simply, OCBC shares were worth much much more than book value
again book value may also not reflect reality ..suppose a company bought 1 million machinery ...company law allows say 10% depreciation ..so after a year the value in the book is 900k...but suppose if you want to sell and nobody buys except karang Guni...than the book value is useless
simply put ..the share value of a company in stock market is simply fictitious
but the real problem is the government getting into this gamble
as any lawyer will tell you about caveat emptor ..Meaning buyers beware
but when the government sell ,it does carry an element of trust worthiness ...this is where PAP screwd us
it's alright for people to gamble but the government should not get involved
first and foremost please search and understand what is a balance sheet ...the law require every company to draw a balance sheet ,whether pte co or public company or even partnership and etcbut what a company is actually worth is based on its revenues/profits no?
and what people think its worth is how the company has been doing so far,and what people think the company will do in the future...or it could be like amazon,where the profit is zero for many years because the ceo decide he rather reinvest all the profits into growing the company then declare a profit......
book value is seldom the same as stock price......its just the assets of the company?
That appears unusualTelco stock. Why affected by covid19? Should be busier than ever with usage of telecommunications and internet up!
That appears unusual
telecoms is one of the best industries to be in,why would they fail?
because of falling talktime?then just jack up internet prices then......and throttle data......
offer 20g data package,but throttle it to hell 300kbs unless they pay for the $80 per month 50g premium package.cmon singtel where are ur balls?hire saw piak hwa to run the show
i remember singtel used to be the crown jewel of SG companies.......64 billion market cap,16 billion revenues a year and nearly 3.4b net profit.......how many companies can boast of a 25% profit margin?
even smrt is puny compared to it.....2 billion revenues a year and barely 100 million profit....
There's mole to come......Because Familee relative CEO Chua Suck Cock caused Singtel to lose tons of money with 'strategic investments' in Australia and India.
much more than that lahBecause Familee relative CEO Chua Suck Cock caused Singtel to lose tons of money with 'strategic investments' in Australia and India.
Communist cuntries all sama sama.much more than that lah
Singtel spent billions and billions laying underground cable across the globe ...all that monies spent is Kapooom with new technologies ...satellite communication had practically made all that monies sunk in the seas and all its monies alao spent in infrastructures are now for Karung Guni
this what happens when you are not a innovator but hope to ride on the coattails of technologies which were invented by others....China will also face the same predicament if they keep on stealing and copying
I had pretty much explained in simple terms what is the book value and the value traded in stock market
most who trade in stock market are simply gamblers ...they gamble on the premise of stock or share price going up or down based on future earnings ...NOT what the company is actually worth
this is where people like Warren Buffett differs...he looks at the book value and future potentials
again ,book value is not so simple either ...it also can hide many things ,for eg if the company is being sued and about to go bankrupt it will not reflect in the books or company can hide the real value of its assets too ...for eg.OCBC use to hold gold as it's reserve...but the value was very very low,think 30dollars an ounce or something like that ..but if you sell than it would fetch 10times more in the open market ...Simply, OCBC shares were worth much much more than book value
again book value may also not reflect reality ..suppose a company bought 1 million machinery ...company law allows say 10% depreciation ..so after a year the value in the book is 900k...but suppose if you want to sell and nobody buys except karang Guni...than the book value is useless
simply put ..the share value of a company in stock market is simply fictitious
but the real problem is the government getting into this gamble
as any lawyer will tell you about caveat emptor ..Meaning buyers beware
but when the government sell ,it does carry an element of trust worthiness ...this is where PAP screwd us
it's alright for people to gamble but the government should not get involved
Apparently she was quite a catch when young in junior college.Bitch is more remembered for her big mole.
2 things size and profitability.
Singtel owe it ability to grow into giant because it has a backing of government of Singapore.
As for profit sustainability, the government feed them with business and opening.
Singtel is never a innovator nor a shrewed investor.