[Scythian]

"Temasek Holdings posted a rare loss of S$7 billion ($6 billion) for the financial year ended March 31, 2023, compared with a profit of S$11 billion ($8 billion) in the previous fiscal"

https://www.google.com/search?q=temasek+...erformance&oq=temasek+holdings+performance+&aqs=chrome..69i57j0i390i650l4.14752j0j4&client=ms-android-oppo-rvo3&sourceid=chrome-mobile&ie=UTF-8#:~:text=Temasek%20Holdings%20posted%20a%20rare%20loss%20of%20S%247%20billion%20(%246%20billion)%20for%20the%20financial%20year%20ended%20March%2031%2C%202023%2C%20compared%20with%20a%20profit%20of%20S%2411%20billion%20(%248%20billion)%20in%20the%20previous%20fiscal

[p1acebo]

Are you sure rare? I thought it is a common occurrence

[Scythian]

Are you sure rare?  I thought it is a common occurrence

It's rare when they are hit by a flying spanner  🎯

[Scythian]

Are you sure rare?  I thought it is a common occurrence

Rarely so huge?

Becoz it's the biggest loss ever.

[ysh02]

Temasek this few years often loss money will our Cpf affected ? GLC also loss ; MAS need to borrow from DBS too!!

[p1acebo]

Temasek no lose money then I worry.

[Wy:Nox]

Temasek no lose money then I worry.

There goes our CPF. Lost and gone, too.

[Bigbluedot]

rare? may be is the start of the beginning.

[Bigbluedot]

any danger to the Sing savings bond and t bills ?? worrisome.

[Scythian]

There goes our CPF. Lost and gone, too.

If GIC reported a loss, Temasek too must report a loss..

They discussed same investment strategy in bed

[p1acebo]

CPFLife payout date push back to 75?

[RiseofAsia]

[Stoki]

Even posted a hugh loss, but the top still earns $M salary, some said can be as high as $100M

[p1acebo]

Even posted a hugh loss, but the top still earns $M salary, some said can be as high as $100M

Actually they should have their bonuses cut, as they didn't meet their kpi

[RiseofAsia]

Actually they should have their bonuses cut, as they didn't meet their kpi

Not cut but sack the JLBs.
不然金山银山都会被败光。

[Scythian]

Even posted a hugh loss, but the top still earns $M salary, some said can be as high as $100M

Reported MAS lost $30 billions and being dented 2X IE once by 1MDB 2016, and recently, by $1.3 bil money laundering yet, most were paid millions + bonuses.

Who's fault?

[p1acebo]

Not cut but sack the JLBs.
不然金山银山都会被败光。

[Scythian]

Actually they should have their bonuses cut, as they didn't meet their kpi

When anticipating the going gets tougher, they quickly taken their millions of $$$ salary plus bonuses and then, announced stepping down.

Who to blame?

[PerceivedToBe]

Actually they should have their bonuses cut, as they didn't meet their kpi

hypothetically, if the KPI declaration is "demonstrate best efforts at all times", then 100% met, double bonus payout....

[victortan]

this one is a donkey.. mkt choing like shit this year,, me also make money, they are the only donkey who loss money.

Must be Mr Ng Kok Song disciple..

[Scythian]

this one is a donkey.. mkt choing like shit this year,, me also make money, they are the only donkey who loss money.

Must be Mr Ng Kok Song disciple..

These people claimed to have the highest IQ and are ranked the smartest in the world.

Think again...

[victortan]

actually can call the EP to check it is true they loss 7b only,. could be more and cover up.. we cannot say.

better to check on them..our money, give those sotong tikam tikam..

[Scythian]

actually can call the EP to check it is true they loss 7b only,. could be more and cover up.. we cannot say.

better to check on them..our money, give those sotong tikam tikam..

.
It's possible TH could manipulate and under declared the losses while actually, the losses be much bigger.

W/O properly certified by auditors ,who knows?

[webinarian]

Is that the reason someone quickly quitted and ran road first?  

.

[Scythian]

Temasek this few years often loss money will our Cpf affected ? GLC also loss ; MAS need to borrow from DBS too!!

Temasek reported $7 bil losses in year 2023 from a profit of $11 bil from previous year.

That means, Temasek performance from a +plus to -negative swing of $ 18 bil total in just one year.

[winbig]

Temasek reported $7 bil losses in year 2023 from a profit of $11 bil from previous year.

That means, Temasek performance from a +plus to -negative swing of $ 18 bil total in just one year.

Don't mislead others. U don't add up like that. U thought day trading index ah?

[Scythian]

Don't mislead others. U don't add up like that. U thought day trading index ah?

GIC and Temasek CEOs say they have long term investments which cannot be measured yearly so, how can experiencing so wild fluctuation from +$11 bil one year to minus $ 7 bil next?

In financial institutions, get a sack.

[winbig]

GIC and Temasek CEOs say they have long term investments which cannot be measured yearly so, how can experiencing so wild fluctuation from +$18 bil one year to minus $11 bil next?

In financial institutions, get a sack.

One year profit 11 bil the next year lose 7 bil. So total is gain of 4 bil. Primary school kids also know how to count. 

[Scythian]

Don't mislead others. U don't add up like that. U thought day trading index ah?

Last year, Management staff got $2,000,000 profit sharing each,  will they payback or refund for this year's losses?

Some employees got average 12 months bonus last year.

[Scythian]

One year profit 11 bil the next year lose 7 bil. So total is gain of 4 bil. Primary school kids also know how to count. 

If that's how Temasek works then, they can either do  year-end window dressing or hide provisions to manipulate profitability