Posts: 20,614
   
Threads: 5,784
    
Likes Received: 3,935 in 3,074 posts
Likes Given: 414
Plse don't get the points wrong because it will allow them to slip through. $300M is pocket change for Temasek. It represents 0.1% of the total assets and they can always hide and say losing money is part of investing ....case closed.
The real issue is :
1. Why are they investing in an unregulated company?
2. What's due diligence done to check the audit on the company?
3. What is risk management process involved in the process?
I am surprised when asked abt the losses Temasek said they trusted SBF ....on what basis when the 28yr old has no track record. Saying you trust someone is no excuse to skip a proper assessment process.
The other issue that cause big losses to Singaporeans is MAS banning Binance and causing Singaporeans to switch accounts to FTX. On what basis was that decision made?
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
>
(This post was last modified: 17-11-2022, 04:09 PM by
sgbuffett.)
Posts: 16,696
   
Threads: 2,221
    
Likes Received: 3,038 in 2,564 posts
Likes Given: 2,024
(17-11-2022, 03:50 PM)sgbuffett Wrote: Plse don't get the points wrong because it will allow them to slip through. $300M is pocket change for Temasek. It represents 0.1% of the total assets and they can always hide and say losing money is part of investing ....case closed.
The real issue is :
1. Why are they investing in an unregulated company?
2. What's due diligence done to check the audit on the company?
3. What is risk management process involved in the process?
I am surprised when asked Temasek said they trust SBF ....on what basis when the 28yr old has no track record. Sayingvyou trust someone is no excuse to skip a proper assessment process.
The other issue that cause big losses to Singaporeans is MAS banning Binance and causing Singaporeans to switch accounts to FTX. On what basis was that decision made?
Temasek has too many untrained analyst and inexperienced fund managers
Posts: 20,171
   
Threads: 546
    
Likes Received: 4,666 in 4,160 posts
Likes Given: 481
(17-11-2022, 03:57 PM)Scythian Wrote: Temasek has too many untrained analyst and inexperienced fund managers
But we are paying big bucks to them..............
Posts: 1,393
   
Threads: 3
    
Likes Received: 697 in 515 posts
Likes Given: 3,033
LKY will whack those involved upside down , lefT to right if he will still around. no excuse to.be forgiven. Thinking wayang wayang with our hard earn money. Like that our previous generation who contribute to our nation money go down drain is it?
no accountability is very bad.
Posts: 20,171
   
Threads: 546
    
Likes Received: 4,666 in 4,160 posts
Likes Given: 481
(17-11-2022, 04:00 PM)jus4lucky Wrote: LKY will whack those involved upside down , lefT to right if he will still around. no excuse to.be forgiven. Thinking wayang wayang with our hard earn money. Like that our previous generation who contribute to our nation money go down drain is it?
no accountability is very bad.
I concur with your findings............
Posts: 936
   
Threads: 16
    
Likes Received: 292 in 236 posts
Likes Given: 765
hmmmm
what is the main aim of setting up SWF in the first place huh?
hmmmm
hmmmm
hmmmm
I am just a tiny plankton in the ocean.
>
(This post was last modified: 17-11-2022, 04:20 PM by
Rainforest.)
Posts: 5,313
   
Threads: 1,573
    
Likes Received: 1,540 in 1,122 posts
Likes Given: 153
its not 'meaningful' to tell u why temaseick invesst in unregulated markets
its also not 'meaningful' to to u why due diligence is not pratice here....LOL
its not meaningful becosa u pple are the lowest of low pple
we are the high falutin pple
u will not understand why we do wat we do....LOL
Posts: 13,291
   
Threads: 456
    
Likes Received: 5,718 in 4,560 posts
Likes Given: 4,351
Why they never promote SGX Top guns to be Temasick Heads
Instead we got Ho Ching, one idiotic SAF Pilot . . .others?
Why do we need 5 Mayors and 80 PAP Ministers?
>
Posts: 1,062
   
Threads: 3
    
Likes Received: 381 in 289 posts
Likes Given: 262
The imminent downfall of this Govt has always been the lack of performance, unable to take responsibility and a hollow finicky attitude with their job title and salary being a blazings mismatch.
Win the World but lost your Soul.
>
Posts: 5,389
   
Threads: 114
    
Likes Received: 1,934 in 1,527 posts
Likes Given: 51
(17-11-2022, 06:17 PM)Symmetry Wrote: The imminent downfall of this Govt has always been the lack of performance, unable to take responsibility and a hollow finicky attitude with their job title and salary being a blazings mismatch.
They already imported enough new citizens to vote for them lah. Dumbfark sinkees are screwed!
Posts: 15,543
   
Threads: 1
    
Likes Received: 3,182 in 2,989 posts
Likes Given: 83
This one arr. without blur
https://t.me/intelslava/41284
click on pic any popup just cancel
(This post was last modified: 17-11-2022, 06:26 PM by
singlon.)
Posts: 25,794
   
Threads: 8,162
    
Likes Received: 5,304 in 4,788 posts
Likes Given: 7
(17-11-2022, 03:50 PM)sgbuffett Wrote: Plse don't get the points wrong because it will allow them to slip through. $300M is pocket change for Temasek. It represents 0.1% of the total assets and they can always hide and say losing money is part of investing ....case closed.
The real issue is :
1. Why are they investing in an unregulated company?
2. What's due diligence done to check the audit on the company?
3. What is risk management process involved in the process?
I am surprised when asked abt the losses Temasek said they trusted SBF ....on what basis when the 28yr old has no track record. Saying you trust someone is no excuse to skip a proper assessment process.
The other issue that cause big losses to Singaporeans is MAS banning Binance and causing Singaporeans to switch accounts to FTX. On what basis was that decision made?
Funny is TS holding never invest on Coinhanko which is regulated under MAS.
Posts: 20,171
   
Threads: 546
    
Likes Received: 4,666 in 4,160 posts
Likes Given: 481
(17-11-2022, 06:26 PM)[[ForeverAlone]] Wrote: Funny is TS holding never invest on Coinhanko which is regulated under MAS.
Why is that so, they should respect MAS....
Posts: 5,138
   
Threads: 759
    
Likes Received: 1,770 in 1,351 posts
Likes Given: 199
(This post was last modified: 17-11-2022, 06:33 PM by
webinarian.)
Posts: 2,736
   
Threads: 21
    
Likes Received: 1,010 in 822 posts
Likes Given: 841
Posts: 20,171
   
Threads: 546
    
Likes Received: 4,666 in 4,160 posts
Likes Given: 481
(17-11-2022, 06:40 PM)Wy:Nox Wrote:
If we had not lose 300-400mil. then the 1 per cent GST hike need not be enforced......
Posts: 5,389
   
Threads: 114
    
Likes Received: 1,934 in 1,527 posts
Likes Given: 51
Actually they can put the $$$ into own pocket also no one will know....becos nobody can question them tiobor?
Posts: 5,389
   
Threads: 114
    
Likes Received: 1,934 in 1,527 posts
Likes Given: 51
(17-11-2022, 06:44 PM)debono Wrote: If we had not lose 300-400mil. then the 1 per cent GST hike need not be enforced......
Last financial crisis....1 month lost $60+++b hor. I think 100 yrs also cant earn back.
Posts: 8,515
   
Threads: 148
    
Likes Received: 2,070 in 1,801 posts
Likes Given: 555
(17-11-2022, 06:46 PM)Notdumb Wrote: Actually they can put the $$$ into own pocket also no one will know....becos nobody can question them tiobor?
This shows how stupid you are.
Posts: 16,696
   
Threads: 2,221
    
Likes Received: 3,038 in 2,564 posts
Likes Given: 2,024
.
It seems Temasek doesn't have proper credit analysis and risk control function.
Obviously, Temasek is only a market follower basing on others hearsay.
With No banks or financial institutions involved clearly reflects Temasek internal systems weakness and lacking knowledge on crytocurrency .
Posts: 5,389
   
Threads: 114
    
Likes Received: 1,934 in 1,527 posts
Likes Given: 51
(17-11-2022, 07:16 PM)Sharexchange Wrote: This shows how stupid you are.
U bankrupt very smart.
Posts: 20,171
   
Threads: 546
    
Likes Received: 4,666 in 4,160 posts
Likes Given: 481
(17-11-2022, 07:19 PM)Scythian Wrote: .
It seems Temasek doesn't have proper credit analysis and risk control function.
Obviously, Temasek is only a market follower basing on others hearsay.
With No banks or financial institutions involved clearly reflects Temasek internal systems weakness and lacking knowledge on crytocurrency .
If no knowledge of cryptocurrency, then shouldn't invest in it.........
Posts: 12,617
   
Threads: 1,410
    
Likes Received: 3,187 in 2,383 posts
Likes Given: 9,214
(17-11-2022, 04:19 PM)Rainforest Wrote: hmmmm
what is the main aim of setting up SWF in the first place huh?
hmmmm
hmmmm
hmmmm
Years ago parliament has passed the bill to allow Temasek to dip into our CPF cookie jar and no debate at all, it was wuietly tabled and passed. Discuss..
Posts: 6,270
   
Threads: 815
    
Likes Received: 1,642 in 1,324 posts
Likes Given: 0
(17-11-2022, 03:57 PM)Scythian Wrote: Temasek has too many untrained analyst and inexperienced fund managers
bk smart but no warrior experience
chinese say talking v v well of warfare on papers but not on the battle field physically
Posts: 6,270
   
Threads: 815
    
Likes Received: 1,642 in 1,324 posts
Likes Given: 0
(17-11-2022, 06:22 PM)Notdumb Wrote: They already imported enough new citizens to vote for them lah. Dumbfark sinkees are screwed!
this i believe
surely n slowly opp is no more threat to them in the next 2 GE
Posts: 20,171
   
Threads: 546
    
Likes Received: 4,666 in 4,160 posts
Likes Given: 481
(17-11-2022, 07:51 PM)talky Wrote: this i believe
surely n slowly opp is no more threat to them in the next 2 GE
My take is that the MIW will win most of the seats in parliament, and will be the dominant party for the next few decades....
Posts: 16,696
   
Threads: 2,221
    
Likes Received: 3,038 in 2,564 posts
Likes Given: 2,024
(17-11-2022, 07:25 PM)debono Wrote: If no knowledge of cryptocurrency, then shouldn't invest in it.........
Temasek is a disgrace to the nation
Tarnished the good reputation of Singapore.
Posts: 9,723
   
Threads: 66
    
Likes Received: 2,226 in 1,887 posts
Likes Given: 211
OWNSELF CANNOT CHECK OWNSELF BACKSIDE HOLE
Posts: 20,171
   
Threads: 546
    
Likes Received: 4,666 in 4,160 posts
Likes Given: 481
(17-11-2022, 08:03 PM)Wy:Nox Wrote: Dipping into our cookie jar full of honey synonymously mining it to give birth to Temesak Trust with also free use of our CPF for their charitable and magnanimous philanthropic cause.
This is disgusting when no Parliament session was held to discuss on how they are freely using our CPF dividends earned.
This is part of 'cheating' using tax payers money to donate to charities..........
Posts: 4,724
   
Threads: 107
    
Likes Received: 923 in 810 posts
Likes Given: 13
(17-11-2022, 03:50 PM)sgbuffett Wrote: Plse don't get the points wrong because it will allow them to slip through. $300M is pocket change for Temasek. It represents 0.1% of the total assets and they can always hide and say losing money is part of investing ....case closed.
The real issue is :
1. Why are they investing in an unregulated company?
2. What's due diligence done to check the audit on the company?
3. What is risk management process involved in the process?
I am surprised when asked abt the losses Temasek said they trusted SBF ....on what basis when the 28yr old has no track record. Saying you trust someone is no excuse to skip a proper assessment process.
The other issue that cause big losses to Singaporeans is MAS banning Binance and causing Singaporeans to switch accounts to FTX. On what basis was that decision made?
just like they chase off Uber lor..............becoz they invested in Grab mah...............
trust SBF..............becoz he's a Jew..............
issue is not Temasek losing money......................issue is Sinkies keep giving PAP blank cheques...........
Users browsing this thread: 1 Guest(s)