Identity of buyer behind record $41.6m Tampines coffee shop sale revealed
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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
A Hongkonger, the other bought suntex.
Food price will also increase lo. Customers will fleed
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.....
This coffee shop was famous in Tampines for selling the most expensive coffee previously but now I am not sure.
(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.....
The first owner was very cruel always increase the rent without negotiation and many closed and opened
(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.....
But all parties have a choice..
1) New owner has a choice not to buy
2) Shall holders have a choice to pull out after rental increase
3) Consumers have a choice to buy from other coffeeshops around the area
(17-06-2022, 07:58 AM)Cmpunk Wrote: [ -> ]The first owner was very cruel always increase the rent without negotiation and many closed and opened
inline b4 the selling price.what.
SG better tame down these HK bizmen. Jacking up public visited entities...
(17-06-2022, 08:53 AM)theold Wrote: [ -> ]Heartless business man.
want warmth heart go Butan.
no escape sotong
US corp. dola mati
inflate to oblivion
as u ponder upon inflation
sotong get u by:
u own nothing u beri happy
sheeples cannot shake off the psychosis
(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...
This surname KIONG is from Indonesia, not Hong Kong
Is he from HK?
(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
Feeling lonely below? …. I burn these for you, have fun
![[Image: 561df3638bbdfb7816ece77f40147bd7.jpg]](https://i.ibb.co/2vMj75v/561df3638bbdfb7816ece77f40147bd7.jpg)
This surname KIONG is from Indonesia, not Hong Kong
Is he from HK?
The Rich have no issue from HK to Indo to Reddit.
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, 08:53 AM)theold Wrote: [ -> ]Heartless business man.
Businessmen look at profits
Charities look after the heart.
Authority should implement heavy profit and sale tax on kopitiam foodcourt and food establishment to safeguard food prices from undue increase because these speculators are driving up burden on households expenses
(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.....
Literally passing the buck
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, 08:53 AM)theold Wrote: [ -> ]Heartless business man.
Heartless evil biz are those china selling poisonous milk powder to children. Tampines one prices transparent no one is forced to buy
(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
Kiong already owned 27 Supermarkets
So it can supply raw food for his Tampines 201 food center
to reap another windfall in other business
(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
But how come these goondos are so rich?
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.
(17-06-2022, 10:10 AM)Tangsen Wrote: [ -> ]Feeling lonely below? …. I burn these for you, have fun
These are your family members, why burn them for me? To seek my forgiveness is it?
(17-06-2022, 06:58 PM)Blasterlord2 Wrote: [ -> ]But how come these goondos are so rich?
shd be luck. inheritance, lotteries, or followed top financial gurus and made from dead cat bounce...
(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.
Must complain to your MP - Cheng Li Hui
Over at this precinct, 4 are Malay coffeeshops and only 2 are Chinese coffeeshops
Look at Street 82, Tampines Point West, so many large Chinese coffeeshops, at least 6 of them and at least 3 Malay coffeeshops.
Cheng Li Hui is obviously NOT doing her job, just know how to baby carrying.
