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incirent,
- Then we are in agreement about the political history and TT.
- I did not say 'administrators are not naturally good financiers'. I said they do not necessarily make good enterpreuners or businessmen. Some have proven themselves.....e.g Lim Chee Onn.
- As I said in my post, when Alan sold the additional 188 lots, I interpreted that he had no confidence in the price of SPH appreciating much further.
- SPH losing its print media monopoly??? I don't think it will happen anytime soon.....so I have not even begun to think about the consequences to SPH. I will think of how to cross the bridge when the moment arrives.
My friend,
After reading your reponse, I realize that you might have mistaken what I actually meant.
Tony Tan is an extremely capable administrator and beacuase of this, he was tipped to become the next PM instead of GCT. Like GTH, he declined. The only difference between the two was that Tony was more firm.
GCT took a long break to think about the matter and eventually he took the bait and proved to be quite successful
Came the second selection for the Singapore PM and Tony was still in the pool but someone had already been designated therefore being a sharp politician, it was futie to fight for it. Furthermore, Tony will never for for that position.
Your point on administrators are not naturally good financiers. The latest about SPH is that Alan sold another 188000 shares. Like what you said SPH might be sinking ot at least its price will not rise.
Just for the sake of arguing, what if SPH loses its media monopoly in Singapore? How much will its share worth?