Singapore Economic News

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Yes Citiraya

騙局?! 化工巨頭「回收鞋」 現蹤印尼跳蚤市場|秦綾謙|FOCUS全球新聞 20230228@tvbsfocus
https://m.youtube.com/watch?v=aYJjTRZC158
You can find more of my postings in http://investideas.net/forum/
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Hi DreamyBear,

First thing, short posts such as this without further elaboration is not appreciated.
Secondly, if you want to mention it is related to Sheng Siong, could I enquire why is it posted in the "Singapore Economic News" thread?

Acting as moderator
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Interesting question from the writer, I wonder what does this come under e.g. governance, offence or ???

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Commentary: Is Singapore’s tech start-up scene giving CEOs a free pass for deception?
https://www.channelnewsasia.com/commenta...st-4077011
"...This seems jarring when others who fabricated their credentials in Singapore have faced worse consequences. In December 2023, a woman who forged a bachelor’s degree to secure several jobs over 16 years was sentenced to eight months’ jail. She was caught when one employer fact-checked her credentials with Nanyang Technological University (NTU), who then lodged a police report. Mr Lee’s case may become a non-issue if no Vizzio stakeholder takes legal action.

Why was punishment administered in one case but not the other? Does this suggest double standards between corporate leaders and employees, or the tech sector and the rest of the business world?..."
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An interesting view on the Singapore stock market malaise.

Business create wealth; real estate is an expression of wealth. - Isn't that true for all consumer related stocks?

   
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Hi touzi,
I think the author is trying to say that people tend to store their wealth in real estate in Singapore. It is quite similar to point4.
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(14-02-2024, 05:59 PM)touzi Wrote: An interesting view on the Singapore stock market malaise.

Business create wealth; real estate is an expression of wealth. - Isn't that true for all consumer related stocks?

Thanks for the share. Great points overall. Particularly like the point on PE/PB frequently being used incorrectly. lol
“If you buy a business just because it’s undervalued, then you have to worry about selling it when it reaches its intrinsic value. That’s hard. But if you can buy a few great companies, then you can sit on your ass. That’s a good thing.” - Charlie Munger
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