Singapore Exchange (SGX)

It's our "luck" that SGX hired him

Either he is very candid or very clueless

His employment with SGX is due to his good luck , not his ability , that's why many are losers except him.

sounds like win-lose... how can... vb advocates Win-Win... like our honourable postings on SIA's latest lapses...

(08-12-2014, 05:21 PM)cfa Wrote: His employment with SGX is due to his good luck , not his ability , that's why many are losers except him.

Well it can be a lot worst. Remember who continues to operate clob ? Who brings in s-chip ? How much $ is lost. Retailers were badly hit.
And we all just kind of forgot ... I have it enough with locals frankly.

I say this angmo is still a pass. Don't be green eyes over his salary. Not high marks on his performance but good enough for a change. I can see he has done alot of work.
If we do not have talent locally in this aspect sometimes we have to admit it. At the end of the day is we who suffer the most. We need to lower our pride.

DBS did the same. Looks at Starhub (correction- Not M1) today after able to put it on cruising mode. See what happen to NOL when they replace (disrupt) the angmo.

Do you not think our higher mortals want cheaper talented locals to run all our companies ? The truth hurts.

Let me sidetrack a bit but actually concept related.

Our G is always so much more pro Business than pro individual's welfare that Sim Lim Square's business malpractices have been going on for years and years until the recent well known Vietnamese tourist case that went public because some civic minded Internet Savvy Singaporeans made it their business to see that this business malpractices should not be allowed to "continue".

Then what?
Then our G woke up and knew that something much, much more must be done though it did not have any benefit as far as making money was concern.
Another words it is always what the Chinese says, "Cheng Hu boh chap sze gin aye tai chi"
i agree most of the time should be this way but not until something like the Vietnamese case happened then our G decided to "chap chiew".
Ang Moh says, "caveat emptor" lol.
Which our G loves this saying a lot.
You should know why.
YMMV!

Despite the recent incidents, its share price run up to more than $7.5 now, nice

(09-12-2014, 09:48 AM)Ben Wrote: Despite the recent incidents, its share price run up to more than $7.5 now, nice

The macro trend will outbid the micro ones.

IMO, SGX is sitting on a spot, where further downside is unlikely, but upside might come any time with few catalysts. I don't know when it will come, but it shouldn't be too far from 2014...

(vested, and will remain vested even unhappy with the few incidents)

(09-12-2014, 10:02 AM)CityFarmer Wrote:

(09-12-2014, 09:48 AM)Ben Wrote: Despite the recent incidents, its share price run up to more than $7.5 now, nice

The macro trend will outbid the micro ones.

IMO, SGX is sitting on a spot, where further downside is unlikely, but upside might come any time with few catalysts. I don't know when it will come, but it shouldn't be too far from 2014...

(vested, and will remain vested even unhappy with the few incidents)

Yes, cant agree with you more. This is one of those stocks that I feel one can buy and forget about it. It will always be there, for a long long time to come, regardless of short term hiccups. This is also one of those stocks that I feel that even if a "fool" were to run the company, the company will still survive in the long term. And with strict regulation in Singapore, plus a close watch by MAS, I don't think a "fool" will ever run SGX, but we may from time to time see a not so smart guy running it. Well, I may be a fool myself saying these, but I am a happy fool with this one for a long time already.

(09-12-2014, 10:14 AM)Ben Wrote:

(09-12-2014, 10:02 AM)CityFarmer Wrote:

(09-12-2014, 09:48 AM)Ben Wrote: Despite the recent incidents, its share price run up to more than $7.5 now, nice

The macro trend will outbid the micro ones.

IMO, SGX is sitting on a spot, where further downside is unlikely, but upside might come any time with few catalysts. I don't know when it will come, but it shouldn't be too far from 2014...

(vested, and will remain vested even unhappy with the few incidents)

Yes, cant agree with you more. This is one of those stocks that I feel one can buy and forget about it. It will always be there, for a long long time to come, regardless of short term hiccups. This is also one of those stocks that I feel that even if a "fool" were to run the company, the company will still survive in the long term. And with strict regulation in Singapore, plus a close watch by MAS, I don't think a "fool" will ever run SGX, but we may from time to time see a not so smart guy running it. Well, I may be a fool myself saying these, but I am a happy fool with this one for a long time already.

Yes, I agree on the statement below, but I don't mean the current management is a "fool".

"even if a "fool" were to run the company, the company will still survive in the long term"

(09-12-2014, 10:19 AM)CityFarmer Wrote:

(09-12-2014, 10:14 AM)Ben Wrote:

(09-12-2014, 10:02 AM)CityFarmer Wrote:

(09-12-2014, 09:48 AM)Ben Wrote: Despite the recent incidents, its share price run up to more than $7.5 now, nice

The macro trend will outbid the micro ones.

IMO, SGX is sitting on a spot, where further downside is unlikely, but upside might come any time with few catalysts. I don't know when it will come, but it shouldn't be too far from 2014...

(vested, and will remain vested even unhappy with the few incidents)

Yes, cant agree with you more. This is one of those stocks that I feel one can buy and forget about it. It will always be there, for a long long time to come, regardless of short term hiccups. This is also one of those stocks that I feel that even if a "fool" were to run the company, the company will still survive in the long term. And with strict regulation in Singapore, plus a close watch by MAS, I don't think a "fool" will ever run SGX, but we may from time to time see a not so smart guy running it. Well, I may be a fool myself saying these, but I am a happy fool with this one for a long time already.

Yes, I agree on the statement below, but I don't mean the current management is a "fool".

"even if a "fool" were to run the company, the company will still survive in the long term"

Ha! Ha!
It seems there is something like Durian "Pow Chiat" in Stocks. Really? Then i will put all my money in this "Pow Chiat Durian Stock". i will shout like Bug Bunny, "i'm Rich! i'm Rich!". To tell the truth i always dream about it. Ha! Ha!
Investing is easy but it's really a battle. Not with anyone or anything but yourself. No?