A better way to distribute the Huawei discounted mobile phones
Huawei offered a promotion to sell discounted mobile phones to senior citizens for $54, which is about one third of the retail price. A limited number of phones are offered at each outlet. Many senior citizens queued up for hours. Those who were not able to buy them, as the limited offers had run out, were angry that they have...
Temasek must stop misleading Singaporeans
Ho Ching was appointed Executive Director (= CEO) of Temasek in May 2002. For more than a decade, Ho has been credited with Temasek’s unverifiable and unbelievable performance. Attempting to credit Ho in 2013, Temasek claimed that newer investments made after March 2003 achieved 10-year annualised returns of up to 20%. (take...
GIC needs a miracle for investments like Nirlon
Without a miracle, Nirlon will be another loser for GIC. GIC has overpaid massively for Nirlon, ie the potential for gains has been wiped out after paying a 400% price increase from a year earlier. Dividends over the last 5 years are about 5 rupees. The increase in bottom line does not justify share prices at current levels. Besides...
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