SG Talk

If you put your life savings $100,000  in

1) Bernie Madoff Ponzi scheme
2. Last 10 IPOs listed on SGX.

Which one lose more money....the answer is ....guess.

Bernie madoff victims got back 91% of the money....and sgx ipos typicaly lose 50-70% of their value after 5yrs from ipo.

Be  smart...don't be a victim of the SGX...they have high tolerance for investors losing their money they don't seen to care look at the s chips debacle, look at the reits debacle, look at the penny stocks debacle, the club debacle....they sail through it lies nothing.

What to do?
When you have clowns making decisions for you

https://www.channelnewsasia.com/business...at-4451321

https://www.channelnewsasia.com/watch/ch...es-4450921

Sack the entire management teams at both SGX and MAS for starters

(13-07-2024, 11:35 AM)Bluebull Wrote: [ -> ]What to do?
When you have clowns making decisions for you

https://www.channelnewsasia.com/watch/ch...es-4450921

Juz watch the video from 7.05 onwards
Clown Chee response to LMW’s question is like no response at all
In an other world, their roles should be reverse
LMW should be minister, and Clown Chee be the backbencher

SGX CEO's salary is 7.6mil in 2023. So high pay but deliver so little, one of the best jobs in Spore.

Cronies scratch each other's backsides mah

(13-07-2024, 12:05 PM)Blasterlord2 Wrote: [ -> ]SGX CEO's salary is 7.6mil in 2023. So high pay but deliver so little, one of the best jobs in Spore.

V OVERPAIS N V UNDERPERFORM

many gurus incl adam khoo do not hv  any words on sgx
sgx has been underper for the last 3 decades till today.
u still lose money after holding sgx listed stocks for 10 yrs.

Sgx is pap money sucking machine for it's crony companies.

The only way to improve sgx is to vote them out.

Useless SGX and MAS. ..thats why.

(13-07-2024, 10:51 AM)Bluebull Wrote: [ -> ]https://www.channelnewsasia.com/business...us-4471856

this problem cannot never be solved because singapore population is small and low trading volume cannot attract good companies.

sgx must grow by other ways like longer trading hours or 24 hours or special links to buy shares in Nasdaq or NYSE (in US trading hours).