Which corporation has managed this feat – IBM, GE, Microsoft, ST Technology under Ho Ching?

And basing on 10-year Govenrment Bonds 3.17% returns, if the presentn US$12-billions losses are ploughed into SIngapore Government 10-year Bonds with 3.17% returns, by 2038, how much will this US$12-billion losses be worth?

Can Ho Ching’s Temasek Holdings generate enough returns to cover these losses + accured interests + historical Temasek Holdings compunded returns averaging 18% over a 30-year period?”

Of course, the government has been losing massive amount of money and keep mum about it. You don’t need evidence to do that. The behaviour of government speak likewise. Given that government like to brag so much how good they are and find ways to promote themselves so high, why is it that if they are indeed making money in investment and they not are singing it ? If gahmen are prudent about the investment, don’t you think more quality investors will come to Singapore ?

Starting with Micropolis’ losses of S$750-million.

Shin Corp losses of …60%..maybe S$1-bilion???

Now all thsoe paper losses of US$10-billion or more?

if ho Ching is CEO for the next 30-years, in 2038, can all her investments generate enough returns to cover all those losses…say US$12-billion?

And basing on 10-year Govenrment Bonds 3.17% returns, if the presentn US$12-billions losses are ploughed into SIngapore Government 10-year Bonds with 3.17% returns, by 2038, how much will this US$12-billion losses be worth?

Can Ho Ching’s Temasek Holdings generate enough returns to cover these losses + accured interests + historical Temasek Holdings compunded returns averaging 18% over a 30-year period?

This is the emnaing of looking long term.

ML’s clause states that they will return USD$2.5B back to Temasek if new shares are issued. At the initial share buy, TMSK has 9.++% stack in ML which cost USD$5B at $48/share. Do your maths and you will see how stupid is TMSK, now the share at the new offering was $24 if they sell now at most half of $2.5B, yet the clause gives TMSK a good deal by returning them $2.5B cold hard cash and they still keep 4% stake but have a good chance to get out of toxic banks with some ready cash of $2.5B for better investment. You see when EGOS are at stake and not bruised enough like the case of SHIN CORP(they getting out) they never never learned their lesson. Such stupid experts from TMSK will throw in good money after bad and keep doing them. HOJINX really is JINXed. Adding more taxpayer’s money USD$1B into the toxic ML is a BAD BAD MOVE. Now not only we can forget about the previous $5B we got ourselves into we need to include a $1B more to worry. US is sinking into recession anytime now. ML ‘s write down is not finished yet and more is to come. The historic mark down price of the CDO debts they sold to a company is in turn financed by themselves just to do creative balance sheet beautification. The trouble is not over yet. Homes in US are dropping like bird shit, there is no bottom to talk about. Therefore more billions write down is on the way for all banks including ML ” Third largest Investment Bank in World, i say so what?”.

FG

yes, it happened to me as well.

I told TOC in a comment I left.

I am not sure but there are many tools for website administration, if you know what i mean. ;)

net neutrality. I wish.

I read here in HK a few years back, albeit from a blog so cannot really confirm it, that the overall returns from the CPF has been close to zero in nearly the last 20 years, taking into account inflation etc. it was written by a HK-based former investment banker, who’s semi-retired.

What the Board invests on? i also read many years back that most of it are invested on treasury bills, bonds etc – investment instruments that of little risk, but gives more stable long term returns. but i cannot confirm this too.

I also read that CPF money, and the way they’re invested, is separate from GIC and from Temasek. i also cannot confirm this.

I believe our savings are protected. The only problem is – it becomes more and more difficult to get to our own money now, what with the extension of the withdrawal age and the “op out” clause for buying insurance.

You might want to check the CPF Board’s website…they may publish annual reports and all that. I, however, will only accept if the numbers are prepared by a third-party firm.

http://www.youtube.com/v/TeWJZiJGc2s&hl=en&fs=1

Just imagine over the last 10 years, how many times the rules have changed for CPF and HDB.

How long is long. 5 weeks, 5 mths or 30, 40, 50, 60 years ? Subjective lah. But it is cold comfort lah as we may be the ones having to foot the cost now which may (emphasis intended) only have positve returns many many years down the road, if there are indeed positive returns.

There is a saying lah. Better that me do the betting (investment) myself instead of you doing the betting on my behalf. At least, there is no one to blame but myself if the betting turns out to be bad.

Aiyah, why should I even need to listen to your rationale of whether it is justifiable for you to do the investment on my behalf. You do it with your own money lah, who cares. Me simple mind lah always think short to mid term as far as investment is concerned, not long term like 30 years. Just imagine over the last years, how many times the rules have changed for CPF and HDB.

http://uk.reuters.com/article/bondsNews/idUKN2936724320080729

Braise for more write downs from Citi, MorganS since ML had set the precedence.

Do stop emphasizing that these are long term 30 years investment. You seem to twist the focus. It is nothing wrong investing in 30 years plan or whatever, the main problem lies with the people in Temasek and GIC. They are arrogant, ineptness and repeat honest mistake over and over again, rule by greed. Gambling us with large sum of money that is not theirs. Ask the ministers themselve to place their salary in Temasek’s investment up to 30 years, and do you think they do that ? It so worse that even the US press try to put good words to mellow those loss of Singapore.

Now assuming that Temasek is a true private entity totally unrelated to government , will you even trust your fund into this company ?

At times i wonder if the government had been too detached with the people and they are in a would of their own. Sad citizens. And to make matters worse, we had the mainstream media who are puppets of the government.

Emotional? Hardly any. Your message did not cause the stir, don’t worry about it. This site advocates freedom of expression and views. Nobody here is getting emotional. We are just trying to make sense of why these so-called expertise can make such dumb moves. Do not forget, ML investments occurred only Dec of 2007 and subsequently Jan 2008 (some 12.8bln worth within 2 months). I believe you know ML’s valuation today right? Compared to say December 2007? How long was that ago? No more than 7 months. Wow! 60% just puff!!! And we are told we need to see the long term outlook and have to wait for Nyears to see the turn around. Don’t be too short-sighted. Wow, real ‘smarty’ high paying investment gurus indeed.

Here’s a summary of write-downs of those institutions and banks since the credit crunch (courtesy of Reuters).

http://www.reuters.com/article/rbssFinancialServices%20-%20Diversified/idUSL06434420080730

Note: the top 3. Just the top 3 losers will do. Ring a bell? No? Coincidentally, those top three losers (and counting), our SF is in it. Big time too! Not enough to warrant for more accountability and transparency? Please think again.

And you know what? the game is not over yet (for Merrill Lynch). Their rating had been down graded as well. Obviously, we do not mean ill for ML, we too hope they will recover (my assumption (or you say speculation) optimistically say within the next 3 years? Give and take the recession will be quick and over with within end of 2009 and recovery at beginning of 2010). But, the hope is frail.

Meanwhile, be kind and please join us in asking the government to help the poor and needy, they are your fellow citizens too, right? They do not have that long a time to wait. I believe the government can do much more than what they are doing now.