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Singapore Pool can perform better then Temasick. what Pool can delivery, can Temasick delivery the same benefit and meet those objective ?.
Growing a 3rd SWF here in S'pore ? and run by any other surname can liao, beside Lee n Dana, they's Tan, Ong, Goh, Ng, Lim, Ahmad, Mohd, Samy, Jaya and many more other surnames :)
Singapore Pools became a wholly-owned subsidiary of the Tote Board, a statutory board under the Ministry of Finance.
I (teeth53) strongly recommended MOF should and with careful thought provide this oppportunty to Singapore Pool as Genting SP is part gaming, and part gambling company For the sake of all Singaporean this Pools can benefit and meet all objective of what MOF can delivery to singapore.
teeth53 ( Date: 30-Aug-2009 20:28) Posted:
No push factor, No retirement...Oni contract for life. Giving a push for 3rd SWF. a little more competition to wake up their idea.....Ya
The point I wanted to highlight is been mentioned in Straits Times paper "stop harping on the top quality of its candidates as this reinforced the perception that its super-achievers were too removed from the ground".
STOP...!!! the wayang, the show and get on to earn back those lost $58B in six years.
Talking about all the YES men in Temasick. (Tot of d day: For the not so blind has lead the blind.)went unheal by CEO and Temasick board of Directors and their top so called research team, it goes to show it oni listen to one and only...when plenty of red flag and plenty of warning sign has been put up many months, long before recession come along
A 3rd SWF will do more health then harm to GIC and Temasick Holding, 3rd SWF has to be run by more independent money minded people's from MAS point of view and/or from the elected Singapore president and it president (wise council) mens point of view...thus..Temasick can release it pressure point to become a more commmercial institution where it citzens can participate...How about that..tell that to Finance Ministry. Mr Tharman.
teeth53 thinking out of norm...I am sure each day has gone by looking for those decent meal will becoming much less difficult...more so with watching so much less artificial smiling face on screen and while trying to promote more smiling facee Pool can perform better then Temasick. what Pool can delivery, can Temasick delivery the same benefit and meet those objective ?.
Growing a 3rd SWF here in S'pore ? and run by any other surname can liao, beside Lee n Dana, they's Tan, Ong, Goh, Ng, Lim, Ahmad, Mohd, Samy, Jaya and many more other surnames :)
Singapore Pools became a wholly-owned subsidiary of the Tote Board, a statutory board under the Ministry of Finance.
I (teeth53) strongly recommended MOF should and with careful thought provide this oppportunty to Singapore Pool as Genting SP is part gaming, and part gambling company For the sake of all Singaporean this Pools can benefit and meet all objective of what MOF can delivery to singapore.
teeth53 ( Date: 30-Aug-2009 20:28) Posted:
No push factor, No retirement...Oni contract for life. Giving a push for 3rd SWF. a little more competition to wake up their idea.....Ya
The point I wanted to highlight is been mentioned in Straits Times paper "stop harping on the top quality of its candidates as this reinforced the perception that its super-achievers were too removed from the ground".
STOP...!!! the wayang, the show and get on to earn back those lost $58B in six years.
Talking about all the YES men in Temasick. (Tot of d day: For the not so blind has lead the blind.)went unheal by CEO and Temasick board of Directors and their top so called research team, it goes to show it oni listen to one and only...when plenty of red flag and plenty of warning sign has been put up many months, long before recession come along
A 3rd SWF will do more health then harm to GIC and Temasick Holding, 3rd SWF has to be run by more independent money minded people's from MAS point of view and/or from the elected Singapore president and it president (wise council) mens point of view...thus..Temasick can release it pressure point to become a more commmercial institution where it citzens can participate...How about that..tell that to Finance Ministry. Mr Tharman.
teeth53 thinking out of norm...I am sure each day has gone by looking for those decent meal will becoming much less difficult...more so with watching so much less artificial smiling face on screen and while trying to promote more smiling face.
Condition apply: Win back those LOST S$58 billion and help to narrow the ever widering income gap between the very rich with the very poor income group.
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Singapore Pool can perform better then Temasick. what Pool can delivery, can Temasick delivery the same benefit and meet those objective ?.
Growing a 3rd SWF here in S'pore ? and run by any other surname can liao, beside Lee n Dana, they's Tan, Ong, Goh, Ng, Lim, Ahmad, Mohd, Samy, Jaya and many more other surnames :)
Singapore Pools became a wholly-owned subsidiary of the Tote Board, a statutory board under the Ministry of Finance.
I (teeth53) strongly recommended MOF should and with careful thought provide this oppportunty to Singapore Pool as Genting SP is part gaming, and part gambling company For the sake of all Singaporean this Pools can benefit and meet all objective of what MOF can delivery to singapore.
teeth53 ( Date: 30-Aug-2009 20:28) Posted:
No push factor, No retirement...Oni contract for life. Giving a push for 3rd SWF. a little more competition to wake up their idea.....Ya
The point I wanted to highlight is been mentioned in Straits Times paper "stop harping on the top quality of its candidates as this reinforced the perception that its super-achievers were too removed from the ground".
STOP...!!! the wayang, the show and get on to earn back those lost $58B in six years.
Talking about all the YES men in Temasick. (Tot of d day: For the not so blind has lead the blind.)went unheal by CEO and Temasick board of Directors and their top so called research team, it goes to show it oni listen to one and only...when plenty of red flag and plenty of warning sign has been put up many months, long before recession come along
A 3rd SWF will do more health then harm to GIC and Temasick Holding, 3rd SWF has to be run by more independent money minded people's from MAS point of view and/or from the elected Singapore president and it president (wise council) mens point of view...thus..Temasick can release it pressure point to become a more commmercial institution where it citzens can participate...How about that..tell that to Finance Ministry. Mr Tharman.
teeth53 thinking out of norm...I am sure each day has gone by looking for those decent meal will becoming much less difficult...more so with watching so much less artificial smiling face on screen and while trying to promote more smiling face.
Condition apply: Win back those LOST S$58 billion and help to narrow the ever widering income gap between the very rich with the very poor income group.
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No push factor, No retirement...Oni contract for life. Giving a push for 3rd SWF. a little more competition to wake up their idea.....Ya
The point I wanted to highlight is been mentioned in Straits Times paper "stop harping on the top quality of its candidates as this reinforced the perception that its super-achievers were too removed from the ground".
STOP...!!! the wayang, the show and get on to earn back those lost $58B in six years.
Talking about all the YES men in Temasick. (Tot of d day: For the not so blind has lead the blind.)went unheal by CEO and Temasick board of Directors and their top so called research team, it goes to show it oni listen to one and only...when plenty of red flag and plenty of warning sign has been put up many months, long before recession come along
A 3rd SWF will do more health then harm to GIC and Temasick Holding, 3rd SWF has to be run by more independent money minded people's from MAS point of view and/or from the elected Singapore president and it president (wise council) mens point of view...thus..Temasick can release it pressure point to become a more commmercial institution where it citzens can participate...How about that..tell that to Finance Ministry. Mr Tharman.
teeth53 thinking out of norm...I am sure each day has gone by looking for those decent meal will becoming much less difficult...more so with watching so much less artificial smiling face on screen and while trying to promote more smiling face.
Condition apply: Win back those LOST S$58 billion and help to narrow the ever widering income gap between the very rich with the very poor income group.
http://74.125.153.132/search?q=cache:fxtzu9Fx6Q8J:politics.sgforums.com/forums/10/topics/362602%3Fpage%3D4+dispose+of+Boa+shares+by+temasek&cd=10&hl=en&ct=clnk&gl=sg
Long term or lone term ? 30 years investment, what this...sold in short term (BoA)
Five years to finish off those reserve..If oni...well. We lost SING$ 58 billion...Ya, (Six mths)
We are better off. let move on...defended by ministry Tharman
No push factor, No retirement...Oni contract for life, sign them on those army guy.
teeth53 tot: It really pain me to see our heart felt those that painful lesson...it is bleeding very slowly..buy surely till the day some answer can be found...till the day arrive for we will never know...only god know.
TalkingCock NDP09 Report: Temasek Presents National Day Gift to Country, Resolves MysteryPosted on Thursday, August 06, 2009
Topic: Business by Michael Bloombird
Temasek Holdings today put to rest a longstanding mystery: where on
earth did they blow $40 billion? Apparently, it was all done in the
nation’s interest.
“Critics thought we lost it all on stupid investments. That’s not true.
Instead, we invested it in something that we are confident will bring
endless good fortune and prosperity to the people of Singapore,” said
Temasek spokesperson Lui Boh Leow as he unveiled a giant boulder. “We
are proud to present to the nation this magic stone as a National Day
present.”
 According
to Mr. Lui, top financial advisors apprised their CEO of this unique
investment opportunity last week when they stopped her at the void deck
of Block 444 Bukit Gorblok St 44, as she was coming home from doing her
groceries at the Fairprice at Bukit Gorblok Central.
“They told her that for a measly few billion dollars, this magic stone
would not only earn back all the millions she lost in Merrill Lynch,
UBS and Citi, it would also improve her B.O., and make her irresistible
to her husband,” Mr. Lui explained. “But she had to faster buy it, so
better go now to the ATM.”
Mr. Lui also said that Temasek under its new/old leadership (or old/new
leadership) is already experiencing a turnaround in its fortunes.
“Just last week, we closed on a really excellent deal,” he announced.
“Our CEO was stopped in the car park outside Bukit Gorblok Primary
School by these investment brokers in a white van who told her the
factory gave them an extra set of famous name brand hi-fi speakers that
if you go Sim Lim you sure pay over $25 million, but because of the
cockup, they can sell her for the special price of only $4 million.”
Mr. Lui said that in the coming months they would also be providing
details of some fantastically lucrative deals they were making with
people who had emailed them from Nigeria.
Temasek sells BoA stake" .... in line with fund's new strategy ,but it may have lost at least US$2.3b". ... Why the hurry to dispose the BoA stake. ... before an April rally that saw BoA shares double from US$7 to US$14. ...
app.reach.gov.sg/reach/YourSay/.../117/.../Default.aspx - Cached - Similar
As you can see from the chart below, BoA's share price began recovering from mid March, after Temasek had mostly sold. ...
politics.sgforums.com/forums/10/topics/362602?page=4 - Cached - Similar Calculation ( Date: 30-Aug-2009 03:08) Posted:
| What I find it difficult to understand is that they kept broadcasting to the world that the investment was for long term, 20 to 30 years. Yet, as it turned out, Temasek chose to dispose its Citigroup stake at a time when the bank's share price almost hit the floor. Given its financial ability to hold, I would think it was pure common sense not to dispose the stake at such fire-sale prices. |
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What I find it difficult to understand is that they kept broadcasting to the world that the investment was for long term, 20 to 30 years. Yet, as it turned out, Temasek chose to dispose its Citigroup stake at a time when the bank's share price almost hit the floor. Given its financial ability to hold, I would think it was pure common sense not to dispose the stake at such fire-sale prices.
It really pain me to see our heart felt those that painful lesson...it is bleeding very slowly..buy surely till the day some answer can be found...till the day arrive for we will never know...only god know.
I am sure each day has gone by looking for those decent meal will becoming much more difficult...more so with watching so much artificial smiling face on screen and while trying to promote more smiling face. teeth53 ( Date: 29-Aug-2009 15:25) Posted:
| 20 -30 years...We R all happy lot......now we...Why Singaporeans are paupers in a first world economy, our face show we smile, our heart did not... |
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No need to win... Before losing that amount, we had the 58 billion in real $$$! But unfortuntely money is felt not worth to spend on lesser things! .. One can really cry one's heart out! 
teeth53 ( Date: 29-Aug-2009 14:48) Posted:
teeth53 tot: It can and will be wonderful (one the full) if we win $58 billion......and help to narrow the ever widering income gap between the very rich with the very poor income group.
http://temasekreview.com/?author=1
It is little wonder why no polls have been conducted on the rising cost of living, influx of foreigners or the losses suffered by Temasek Holdings which are equally as important issues than race and religion as of now. Instead of the double threat posed by race and religion, a majority of the students polled cited the current economic downturn as having the greatest potential to cause a rift in society.
In a poll of 30 students from various academic disciplines in NUS conducted by the Campus Observer, 70% of respondents said they did not agree with Prime Minister Lee Hsien Loong that issues of race and religion have the greatest potential to cause social unrest in Singapore. (read article here)
The rising inflation rates, especially the record 6.7% last year had hit ordinary Singaporeans hard, particularly HDB prices which have since reached a peak. |
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Congrats 'T', for absorbing a substantial portion of losses inccured by the giant banks... Hero...
Why till this point still no one to take full responsible of the extreme judgement error... (Its definetely a huge mistake, either when they vest or divest) So disappointed they keep avoiding responsibilities n defend themselves... It just show that they don't feel a thing when they made a bad decision on public's money.
Inmagine 5 IRs worth of money into the drain...
20 -30 years...We R all happy lot......now we...Why Singaporeans are paupers in a first world economy, our face show we smile, our heart did not...
teeth53 tot: It can and will be wonderful (one the full) if we win $58 billion......and help to narrow the ever widering income gap between the very rich with the very poor income group.
http://temasekreview.com/?author=1
It is little wonder why no polls have been conducted on the rising cost of living, influx of foreigners or the losses suffered by Temasek Holdings which are equally as important issues than race and religion as of now. Instead of the double threat posed by race and religion, a majority of the students polled cited the current economic downturn as having the greatest potential to cause a rift in society.
In a poll of 30 students from various academic disciplines in NUS conducted by the Campus Observer, 70% of respondents said they did not agree with Prime Minister Lee Hsien Loong that issues of race and religion have the greatest potential to cause social unrest in Singapore. (read article here)
The rising inflation rates, especially the record 6.7% last year had hit ordinary Singaporeans hard, particularly HDB prices which have since reached a peak.
http://temasekreview.com/?p=12237&cpage=1#comment-24068
News and opinions from an independent perspective...
An analysis of the UBS study (Part 3): Why Singaporeans are paupers in a first world economy teeth53 ( Date: 29-Aug-2009 13:01) Posted:
STOP...!!! the wayang, the show and get on to earn back those lost $58B in six years.
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http://forums.asiaone.com/showthread.php?t=22234&page=4#35 Can anyone name world no-1 for lossing $58 B and or how far compare to those big AngMo bank that lost..?. (teeth53 tot: JUST SHARING....FYI)
August 28, 2009 by admin
Filed under Economics By Meera Bhatia and Josiane Kremer from Bloomberg
Norges Bank Investment Management, which oversees Europe’s largest sovereign wealth fund, named a new team of executives after record losses last year wiped out gains from 12 years of investing Norway’s oil and gas revenue.
The 2.47 trillion-krone ($410 billion) Government Pension Fund - Global promoted Bengt Enge to chief investment officer, Trond Grande to chief risk officer and Age Bakker to chief operating officer, the Oslo-based fund said today. Mark Clemens from Citigroup Inc. will be chief administrative officer and Jessica Irschick from UBS AG chief treasurer.
“NBIM now has a management team with considerable international financial markets experience,” Yngve Slyngstad, the chief executive officer of the fund, said in a statement. Deputy CEO Stephen Hirsh also remains in his position.
The fund had a record 633 billion-krone loss last year, wiping out gains over the past 12 years amid tumbling global markets. It recouped some losses in the second quarter of this year with a record 12.7% gain as it completed a move to increase its stock holdings to 60% from 40%.
Adding Stocks
The fund has been adding stocks and moving into emerging markets as well as planning to start investing in real estate, in contrast to other sovereign wealth funds that are set to cut risk, according to a study this month by State Street Corp. Assets of Singapore’s Temasek Holdings Pte fell S$40 billion ($27 billion) in the last fiscal year.
Stocks gained in the second quarter amid signs the world was emerging from a recession. The German and French economies unexpectedly expanded in the quarter while the U.S. contraction slowed to a 1 percent rate from a 6.4 percent in the first three months of the year. The MSCI World Index stock rallied 20 percent in the second quarter, and is up 19 percent this year, after plunging 42 percent last year amid the worst financial crisis since the Great Depression.
Norway, the world’s fifth-largest oil exporter and second- largest exporter of natural gas, derives money for the fund from taxes on oil and gas and ownership of petroleum fields. The fund has a portfolio of around 8,000 companies and offices in Oslo, London, New York and Shanghai.
Abu Dhabi
Only Abu Dhabi, with $627 billion, and Saudi Arabia, which has $431 billion, have bigger sovereign funds, according to the Roseville, California-based Sovereign Wealth Fund Institute.
Irschick was previously chief of staff to the head of the UBS investment bank in London and Clemens was global chief administrative officer at New York-based Citigroup. Enge has been with the NBIM for 13 years, while Grande had been acting head of risk management since 2007. Bakker joined this year as head of information technology.
Enge, who will start his new job Oct. 1, wasn’t available for an interview, said Dag Dyrdal, manager of external relations at the fund. Slyngstad was previously also chief investment officer and his deputy, Hirsh, was chief operating officer. The other positions are newly created.
The fund declined to provide the ages, said Norges Bank spokesman Vidar Korsberg Dalsboe.
Source: Bloomberg
Giving a push for 3rd SWF.
Talking about all the YES men in Temasick. (Tot of d day: For the not so blind has lead the blind.) went unheal by CEO and Temasick board of Directors and their top so called research team, it goes to show it oni listen to one and only... when plenty of red flag and plenty of warning sign has been put up many months, long before recession come along
teeth53 tot: In Temasick Holding. CEO post is as good as just another yesman. CEO is powerless but with plenty of money to collect...never mind if it have lost S$58 billion. in six months. This is called kinship connection with one and only.....NO need talent and vision, just right connection.and another 10 years wait...:((SAD) remember CEO is powerless, power rest oni with d one curtain behind the screen. Working alongside chief executive officer Ho Ching is a top management team with 'a diversity of backgrounds and experiences', according to Temasek's annual report last year.
NOW that Temasek Holdings' bid to hire a leader from outside the company has failed, the spotlight is turning to the possible candidates within. Ms Ho work at Singapore Technologies, while others were recruited from high-level positions at Temasek-linked companies. Several are former military officers.
STOP...!!! the wayang, the show and get on to earn back those lost $58B in six years.
This is what Singapore can show us....and explain to us.... On the long term basic. Temasick is just another invesment SWF organisation, showing it willing-ness to buy /sell on short term and lossing as much as S$58 billion or about 40% lost. Item no-2...it has been quite 'unique'. in some ways.....in lossing $58 billion. We R as common as many as those so called talented people's has LOST...teeth53 tot: nothing so "unique"
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It is just a simple suggestion, just something that can be think out of the box, a little more competition from 3rd SWF to wake up their idea.....Ya. so we can lose less and not more and not better then other. |
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Following 2 scenarios will apease singaporeans :
1) Set up another Investment Unit (seperate from Temasek) and appoint new person take over leadership.
2) Retain Temasek and its existing leadership. May consider change the company's name or continue to have same name since it has been quite 'unique'. in some ways...
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