TODAY NEWSPAPER:1st year under our dragon lady; lose money after nine years of profits. Looks like without the Temasek companies having the benefit of a monopoly sucking Singaporeans dry, CMI
Shin Satellite, Thailand's sole satellite operator that is in the spotlight over its ownership, yesterday reported its first annual loss in nine years.
.
The company, which is 41.3 per cent owned by Shin, reported a net loss of 45.6 million baht ($2 million) for 2006 due mainly to higher expenses, compared with a net profit of 1.34 billion baht a year earlier.
TODAY NEWSPAPER:Meanwhile, iTV swung into the red with a net loss of 1.78 billion baht in 2006, a drop of 362.5 per cent from a net profit of 679.11 million baht in the previous year.Drop 362.5 per cent when it goes under the management of the "exceptional" family.
Blame others for their own stupidity? "I am stupid because of the Thai government"Originally posted by Ito_^:they can argue is thai gahmen's fault.
YES!!Originally posted by mistyblue:Didn't you know, the Su Zhou Industrial Park was declared a Success!
Just tax the Singaporeans more through COE, ERP, CPF, GST and whatever. only reason needed is that the increase is to help the poor loh.
The people will still keep complaining but do nothing.
That's what Pigs Action Party supporters delude themselves into believing and hope to convince others who are less smart into their way of thinking.Originally posted by Hogzilla:YES!!
SIP successfully made Singaporeans look stupid!!
Shin Corp takeover is also a success. It successfully sour Singapore and Thailand's bilateral relationship.
Every stupid takeovers of overseas companies is a success, of another kind.
Originally posted by AndrewPKYap:its okie Andrew..i dun gamble also..
India
INDEX VALUE CHANGE %CHANGE TIME BSE SENSEX 30 INDEX 13,558.44 -91.08 -0.67% 02:07
NSE S&P CNX NIFTY INDEX 3,916.00 -26.00 -0.66% 02:08
BOMBAY STOCK EX 500 IDX 5,165.00 -6.63 -0.13% 02:07
BOMBAY STOCK EX 200 IDX 1,617.99 -3.44 -0.21% 02:07
BOMBAY STOCK EX 100 IDX 6,834.26 -23.45 -0.34% 02:07
Singapore
------ INDEX VALUE CHANGE %CHANGE TIME STRAITS TIMES INDEX
------ 3,223.18>>>>> [b]-84.74 -2.56% 02:06
SINGAPORE ALL INDEX 857.80 -18.99 -2.17% 02:06
Malaysia
INDEX VALUE CHANGE %CHANGE TIME KUALA LUMPUR COMP INDEX 1,238.44 -34.43 -2.70% 02:07
KUALA LUMPUR 2ND BOARD 103.23 -4.98 -4.60% 02:07
FTSE MALAYSIA EMAS INDEX 8,246.57 -263.62 -3.10% 01:53
=========================================
One day it will not come back up
I am not here to tell you that the market has peaked out.
The Singapore market had been rising steadily and with every dip, it had managed to go higher. Those that were cautious and ran for their lives every time it dipped felt like a fool and worse. Many wished that they had bought more instead of liquidating when it looked like it was coming down.
The market will reward some for their “bravery”, borrowing money to pay for the stocks and borrowing money to buy even more when it comes down.
Let me just remind you that one day, I donÂ’t know when, it will come down and instead of going back up, it goes down more and more.
I am the writer of Insights into Casino and Stock Market Gambling and Speculating. I am the founder of the casinogamblingprevention.com web portal.
You need not believe anything I say and as long as you do not borrow money to speculate or trade the stock markets, I have done my duty.[/b]
Originally posted by 4getmenot:its okie Andrew..i dun gamble also..![]()
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Always telling us to work harder and taxing us more... you have to wonder if the losses went to pay some people their peanuts salaries just like NKF case.Originally posted by maurizio13:Always telling us to work harder and taxing us more, but in the end lose all our hard earned money in overseas investment.
TODAY NEWSPAPER:Could it should be due mainly to bigger peanuts awarded to the new managers
Shin Satellite, Thailand's sole satellite operator that is in the spotlight over its ownership, yesterday reported its first annual loss in nine years.
The company, which is 41.3 per cent owned by Shin, reported a net loss of 45.6 million baht ($2 million) for 2006 due mainly to higher expenses, compared with a net profit of 1.34 billion baht a year earlier.
...more like Long Term Investment Failures....Originally posted by pearlie27:they'll say that they are for long term investment and we shouldn't worry about the current losses.
Originally posted by AndrewPKYap:India
India
INDEX VALUE CHANGE %CHANGE TIME BSE SENSEX 30 INDEX 13,558.44 -91.08 -0.67% 02:07
NSE S&P CNX NIFTY INDEX 3,916.00 -26.00 -0.66% 02:08
BOMBAY STOCK EX 500 IDX 5,165.00 -6.63 -0.13% 02:07
BOMBAY STOCK EX 200 IDX 1,617.99 -3.44 -0.21% 02:07
BOMBAY STOCK EX 100 IDX 6,834.26 -23.45 -0.34% 02:07
Singapore
------ INDEX VALUE CHANGE %CHANGE TIME STRAITS TIMES INDEX
------ 3,223.18>>>>> [b]-84.74 -2.56% 02:06
SINGAPORE ALL INDEX 857.80 -18.99 -2.17% 02:06
Malaysia
INDEX VALUE CHANGE %CHANGE TIME KUALA LUMPUR COMP INDEX 1,238.44 -34.43 -2.70% 02:07
KUALA LUMPUR 2ND BOARD 103.23 -4.98 -4.60% 02:07
FTSE MALAYSIA EMAS INDEX 8,246.57 -263.62 -3.10% 01:53
=========================================
One day it will not come back up
I am not here to tell you that the market has peaked out.
The Singapore market had been rising steadily and with every dip, it had managed to go higher. Those that were cautious and ran for their lives every time it dipped felt like a fool and worse. Many wished that they had bought more instead of liquidating when it looked like it was coming down.
The market will reward some for their “bravery”, borrowing money to pay for the stocks and borrowing money to buy even more when it comes down.
Let me just remind you that one day, I donÂ’t know when, it will come down and instead of going back up, it goes down more and more.
I am the writer of Insights into Casino and Stock Market Gambling and Speculating. I am the founder of the casinogamblingprevention.com web portal.
You need not believe anything I say and as long as you do not borrow money to speculate or trade the stock markets, I have done my duty.[/b]
Temasek is 100% government owned.Originally posted by carrotsoup:But why news imply Thailand and Singapore buay gam?
yuan you tou, zai you zu, Its just Thailand and Temasek holding buay gam.
Why fan the flames, what the elite at temasek has done, where common singaporeans have no dealings with?
wah u saw how the stock markets tumble today...??Originally posted by AndrewPKYap:![]()
Want progress package (bribe), wait another 5 years lor.Originally posted by carrotsoup:Aiyoh, so its singapore govt and thai buay gam lah.
So, if temasek earn money, its their money, the rich get richer, if lose money, .....Oops its our cpf money, or do we get bread crumbs e.g. Singapore shares.....then again thats sweetener for election.