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(17-06-2022, 07:55 AM)Huliwang Wrote: This is how the system works....
1. First owner profited $41.6m - X (X is the amount he bought earlier) by selling to this new owner.
2. New owner made the stall holders pay for his purchase by increasing rents by 2 fold.
3. Stall holders pay for their rents by increasing food prices.
Conclusion is consumers pay the 1st owner the obscene profit of $41.6m - X.....
(17-06-2022, 07:55 AM)Huliwang Wrote: This is how the system works....But all parties have a choice..
1. First owner profited $41.6m - X (X is the amount he bought earlier) by selling to this new owner.
2. New owner made the stall holders pay for his purchase by increasing rents by 2 fold.
3. Stall holders pay for their rents by increasing food prices.
Conclusion is consumers pay the 1st owner the obscene profit of $41.6m - X.....
(17-06-2022, 07:30 AM)Blin Wrote: A Hongkonger, the other bought suntex.
(17-06-2022, 09:09 AM)Niubee Wrote: SG better tame down these HK bizmen. Jacking up public visited entities...
(17-06-2022, 07:28 AM)Sentinel Wrote: The previous owner is the one who prófited so why never interview him?
His wife quite pretty but look old
Think interview the wife better, the man quite boring
(17-06-2022, 07:55 AM)Huliwang Wrote: This is how the system works....
1. First owner profited $41.6m - X (X is the amount he bought earlier) by selling to this new owner.
2. New owner made the stall holders pay for his purchase by increasing rents by 2 fold.
3. Stall holders pay for their rents by increasing food prices.
Conclusion is consumers pay the 1st owner the obscene profit of $41.6m - X.....
(17-06-2022, 11:15 AM)Yin yang Wrote: Yes, bismen's main objectivr is maximise profits, ultimately creating jobs for u , me, every tom, dicck harry...to provide food on the table , education etc for our loved ones.
Never easy to b a successful bizmen, need to fail on average, at least 10 times for a fresh poor hungry joe.
Remember for those ignorant of simple econs n biz in a free mkt economy with min govt interventions...ie, supply, demand play a great part...n willing buyer, seller after doing their intensive backroom calculations, nowadays bizmen using AI to do their complex profit/ loss calculations
(17-06-2022, 10:20 AM)WhatDoYouThink? Wrote: the first owner has found a goondo.
that goondo thought he could find many goondos to rent to.
and these many goondos are confident they can found even more goondos to buy food from them...
so you decide if you want to be one of them
(17-06-2022, 07:04 PM)Cmpunk Wrote: The problem is there are only two Chinese coffee shops and they control the area of street 21 both coffee shops owner seem to be relative.