Comments on: Comparing apples with oranges – “Temasek outdid key benchmarks”? http://theonlinecitizen.com/2009/06/comparing-apples-with-oranges-%e2%80%9ctemasek-outdid-key-benchmarks%e2%80%9d/ Singapore's #1 Socio-Political Site Fri, 25 May 2012 04:31:25 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Wayangshifu http://theonlinecitizen.com/2009/06/comparing-apples-with-oranges-%e2%80%9ctemasek-outdid-key-benchmarks%e2%80%9d/comment-page-1/#comment-84471 Wayangshifu Wed, 01 Jul 2009 11:48:47 +0000 http://theonlinecitizen.com/?p=11249#comment-84471 Maybe the reporter is right. Maybe the reporter can provide the name list of the "star mangers" in Tamasek responsible for the important deals. We like to know them and have their photos so that we can give them the due recognition. Can somebody help us to obtain this information. Wayang Shifu Maybe the reporter is right. Maybe the reporter can provide the name list of the “star mangers” in Tamasek responsible for the important deals. We like to know them and have their photos so that we can give them the due recognition. Can somebody help us to obtain this information.

Wayang Shifu

]]> By: Chan Chin Chai http://theonlinecitizen.com/2009/06/comparing-apples-with-oranges-%e2%80%9ctemasek-outdid-key-benchmarks%e2%80%9d/comment-page-1/#comment-84361 Chan Chin Chai Wed, 01 Jul 2009 03:17:01 +0000 http://theonlinecitizen.com/?p=11249#comment-84361 I am amazed that majority of singaporeans do not want to know clearly about the investments made and even lost by them, so much so that they move on time and time again in terms of not making any significant effort to ensure more transparency. my hats off to you . for your trust. I am amazed that majority of singaporeans do not want to know clearly about the investments made and even lost by them, so much so that they move on time and time again in terms of not making any significant effort to ensure more transparency.

my hats off to you . for your trust.

]]> By: Shame http://theonlinecitizen.com/2009/06/comparing-apples-with-oranges-%e2%80%9ctemasek-outdid-key-benchmarks%e2%80%9d/comment-page-1/#comment-84158 Shame Tue, 30 Jun 2009 04:46:53 +0000 http://theonlinecitizen.com/?p=11249#comment-84158 shameful, deceitful and disgusting for ST' & its reporter to make such kind of comparison to hide the multi-billion dollar losses by Temasek & GIC. for the period in the ST's article, Temasek also owned Singapore Pools which as anyone knows is just money printing business. Singapore Pools was only taken out of Temasek's portfolio around 2004. Temasek's portfolio of Singapore companies included monopolies and oligopolies like PSA, the power stations, SingTel, Starhub, MRT etc which are not open market driven competition. also noted by Leong was basis of injection of public assets into Temasek being valued etc etc etc. don't forget also about the differences in RISKS of the entities compared the main issue which should not be distorted or hide away is why did Temasek invest in Merrill Lynch and why did GIC invest in Citi and UBS when Warren Buffett had mentioned in the CNBC interview that Buffett saw no investment merit but toxic financial of such financial companies; case of FOOLS (GIC/Temasek) VENTURED WHERE ANGEL (WARREN BUFFETT) FAILED TO THREAD. shameful, deceitful and disgusting for ST’ & its reporter to make such kind of comparison to hide the multi-billion dollar losses by Temasek & GIC.

for the period in the ST’s article, Temasek also owned Singapore Pools which as anyone knows is just money printing business. Singapore Pools was only taken out of Temasek’s portfolio around 2004.

Temasek’s portfolio of Singapore companies included monopolies and oligopolies like PSA, the power stations, SingTel, Starhub, MRT etc which are not open market driven competition. also noted by Leong was basis of injection of public assets into Temasek being valued etc etc etc.

don’t forget also about the differences in RISKS of the entities compared

the main issue which should not be distorted or hide away is why did Temasek invest in Merrill Lynch and why did GIC invest in Citi and UBS when Warren Buffett had mentioned in the CNBC interview that Buffett saw no investment merit but toxic financial of such financial companies; case of FOOLS (GIC/Temasek) VENTURED WHERE ANGEL (WARREN BUFFETT) FAILED TO THREAD.

]]> By: smartest midget http://theonlinecitizen.com/2009/06/comparing-apples-with-oranges-%e2%80%9ctemasek-outdid-key-benchmarks%e2%80%9d/comment-page-1/#comment-84156 smartest midget Tue, 30 Jun 2009 04:40:15 +0000 http://theonlinecitizen.com/?p=11249#comment-84156 "For example, it was recently compared to Harvard’s Endowment, and now to Warren Buffett." It is like comparing your own height with the smartest midget. “For example, it was recently compared to Harvard’s Endowment, and now to Warren Buffett.”

It is like comparing your own height with the smartest midget.

]]> By: MB http://theonlinecitizen.com/2009/06/comparing-apples-with-oranges-%e2%80%9ctemasek-outdid-key-benchmarks%e2%80%9d/comment-page-1/#comment-84074 MB Mon, 29 Jun 2009 16:38:24 +0000 http://theonlinecitizen.com/?p=11249#comment-84074 Hey ST - why you only compare Temasek performance with Warrent Buffet ? WHY dun you do a comparison of our PM's salary with President Obama's, and comment on whether our PM's salary is justified ?? Hey ST – why you only compare Temasek performance with Warrent Buffet ? WHY dun you do a comparison of our PM’s salary with President Obama’s, and comment on whether our PM’s salary is justified ??

]]> By: mating@inbox.com http://theonlinecitizen.com/2009/06/comparing-apples-with-oranges-%e2%80%9ctemasek-outdid-key-benchmarks%e2%80%9d/comment-page-1/#comment-84060 mating@inbox.com Mon, 29 Jun 2009 15:17:50 +0000 http://theonlinecitizen.com/?p=11249#comment-84060 i agree with u that comparison should be done against its peers i.e other SWF over a consistent period over a long period of time. SWF has been around for many years expect that it is in the limelight since 2005 as the market starts to see more and more Countries having their own SWFs and it's tremendous impact on the equity and commodities market. Thus it's not easy to make a direct apple to apple comparison. What the Govt can do is set a fixed set of comparables and always use it to compare against its own performance i agree with u that comparison should be done against its peers i.e other SWF over a consistent period over a long period of time.
SWF has been around for many years expect that it is in the limelight since 2005 as the market starts to see more and more Countries having their own SWFs
and it’s tremendous impact on the equity and commodities market.

Thus it’s not easy to make a direct apple to apple comparison.
What the Govt can do is set a fixed set of comparables and always use it to compare against its own performance

]]> By: Unique Bernana http://theonlinecitizen.com/2009/06/comparing-apples-with-oranges-%e2%80%9ctemasek-outdid-key-benchmarks%e2%80%9d/comment-page-1/#comment-84053 Unique Bernana Mon, 29 Jun 2009 15:02:11 +0000 http://theonlinecitizen.com/?p=11249#comment-84053 33) red_dot on June 29th, 2009 9.05 am "Just stop currying favour. Everyone knows both TH and GIC losts very very heavily and committed the biggest investment blunder in history." Is that true? If so, would their supporters improve the status quo by demanding for more transparency as in complete transparency (in order to make sense) if indeed they choose to do so? If so, how can this demand be answered? Or just move on? 33) red_dot on June 29th, 2009 9.05 am
“Just stop currying favour.
Everyone knows both TH and GIC losts
very very heavily and committed the
biggest investment blunder in history.”

Is that true?
If so, would their supporters improve the status quo by demanding for more transparency as in complete transparency (in order to make sense) if indeed they choose to do so? If so, how can this demand be answered? Or just move on?

]]> By: 85thmptobe http://theonlinecitizen.com/2009/06/comparing-apples-with-oranges-%e2%80%9ctemasek-outdid-key-benchmarks%e2%80%9d/comment-page-1/#comment-83905 85thmptobe Mon, 29 Jun 2009 02:42:35 +0000 http://theonlinecitizen.com/?p=11249#comment-83905 [i]aPeK, you talk too much kok on June 29th, 2009 10.36 am “If we can assume this number represents the TOC’s virtual population. This number will works out to be 0.5% of the population of Singapore of 4 million people.” 80+ mps. What percentage of the population does this constitute. “A lonely voice in the wilderness.”[/i] here we are we have 80++ overpaid mps we only have 0.5% of the population here to discuss in TOC forum actually we have more than that TOC still listened and prints what leekuanyew liked to hear............. the rest of the populations? just pay your $214 bills to h1n1 preinspections to be a considerate carin fellow citizens [i]aPeK, you talk too much kok on June 29th, 2009 10.36 am “If we can assume this number represents the TOC’s virtual population.
This number will works out to be 0.5% of the population of Singapore of 4 million people.”

80+ mps. What percentage of the population does this constitute.

“A lonely voice in the wilderness.”[/i]

here we are
we have 80++ overpaid mps
we only have 0.5% of the population here to discuss in TOC forum
actually we have more than that
TOC still listened and prints
what leekuanyew liked to hear………….
the rest of the populations?
just pay your $214 bills to h1n1 preinspections
to be a considerate carin fellow citizens

]]> By: aPeK, you talk too much kok http://theonlinecitizen.com/2009/06/comparing-apples-with-oranges-%e2%80%9ctemasek-outdid-key-benchmarks%e2%80%9d/comment-page-1/#comment-83902 aPeK, you talk too much kok Mon, 29 Jun 2009 02:36:10 +0000 http://theonlinecitizen.com/?p=11249#comment-83902 "If we can assume this number represents the TOC’s virtual population. This number will works out to be 0.5% of the population of Singapore of 4 million people." 80+ mps. What percentage of the population does this constitute. "A lonely voice in the wilderness." Can this lonely voice be expanded (amplified) with conventional media coverage (like radio & tv) without the need for license or permit. “If we can assume this number represents the TOC’s virtual population.
This number will works out to be 0.5% of the population of Singapore of 4 million people.”

80+ mps. What percentage of the population does this constitute.

“A lonely voice in the wilderness.”

Can this lonely voice be expanded (amplified) with conventional media coverage (like radio & tv) without the need for license or permit.

]]> By: red_dot http://theonlinecitizen.com/2009/06/comparing-apples-with-oranges-%e2%80%9ctemasek-outdid-key-benchmarks%e2%80%9d/comment-page-1/#comment-83884 red_dot Mon, 29 Jun 2009 01:05:22 +0000 http://theonlinecitizen.com/?p=11249#comment-83884 Just stop currying favour. Everyone knows both TH and GIC losts very very heavily and committed the biggest investment blunder in history. There's nothing going to change that fact. The public needs to know the full details. and what accountability is there. Enough of all the ministerial BS defending culprits. We are talking about tens of BULLIONS not cents ok!!!!! Just stop currying favour.
Everyone knows both TH and GIC losts
very very heavily and committed the
biggest investment blunder in history.

There’s nothing going to change that
fact.

The public needs to know the full details.
and what accountability is there.
Enough of all the ministerial BS defending
culprits. We are talking about tens of
BULLIONS not cents ok!!!!!

]]> By: Humongoose http://theonlinecitizen.com/2009/06/comparing-apples-with-oranges-%e2%80%9ctemasek-outdid-key-benchmarks%e2%80%9d/comment-page-1/#comment-83846 Humongoose Sun, 28 Jun 2009 16:28:25 +0000 http://theonlinecitizen.com/?p=11249#comment-83846 31) Adverts earn money on June 28th, 2009 11.22 pm #29 [They get most of their revenue through advertisements. Not so much from sale of paper. They are almost a monopoly for so long what.] yes, agree that ads is their revenue contributor. But the fact remains, without circulation, no ads value. 31) Adverts earn money on June 28th, 2009 11.22 pm #29

[They get most of their revenue through advertisements. Not so much from sale of paper. They are almost a monopoly for so long what.]

yes, agree that ads is their revenue contributor.
But the fact remains, without circulation, no ads value.

]]> By: Adverts earn money http://theonlinecitizen.com/2009/06/comparing-apples-with-oranges-%e2%80%9ctemasek-outdid-key-benchmarks%e2%80%9d/comment-page-1/#comment-83836 Adverts earn money Sun, 28 Jun 2009 15:22:02 +0000 http://theonlinecitizen.com/?p=11249#comment-83836 #29 They get most of their revenue through advertisements. Not so much from sale of paper. They are almost a monopoly for so long what. Also they have reserves and investments from other sources which bring in revenue. People willl still buy to look for adverts, rather than news. #29

They get most of their revenue through advertisements. Not so much from sale of paper. They are almost a monopoly for so long what.

Also they have reserves and investments from other sources which bring in revenue.

People willl still buy to look for adverts, rather than news.

]]> By: Ang Lim Buat http://theonlinecitizen.com/2009/06/comparing-apples-with-oranges-%e2%80%9ctemasek-outdid-key-benchmarks%e2%80%9d/comment-page-1/#comment-83831 Ang Lim Buat Sun, 28 Jun 2009 14:59:33 +0000 http://theonlinecitizen.com/?p=11249#comment-83831 #27, I wonder if without people pay and pay for the papers, i mean buy and buy and support them , would they pay increase or decrease? I have no idea lah. #27,

I wonder if without people pay and pay for the papers, i mean buy and buy and support them , would they pay increase or decrease? I have no idea lah.

]]> By: TrueBlood Singaporean http://theonlinecitizen.com/2009/06/comparing-apples-with-oranges-%e2%80%9ctemasek-outdid-key-benchmarks%e2%80%9d/comment-page-1/#comment-83816 TrueBlood Singaporean Sun, 28 Jun 2009 13:04:31 +0000 http://theonlinecitizen.com/?p=11249#comment-83816 Has anyone read about story of "Emperor New Clothes" This is what we going to become One day! Has anyone read about story of “Emperor New Clothes”

This is what we going to become One day!

]]> By: ST pays well http://theonlinecitizen.com/2009/06/comparing-apples-with-oranges-%e2%80%9ctemasek-outdid-key-benchmarks%e2%80%9d/comment-page-1/#comment-83767 ST pays well Sun, 28 Jun 2009 09:05:07 +0000 http://theonlinecitizen.com/?p=11249#comment-83767 SPH (ST is part of) pay their "journalists" very well. Many have even become PAP MPs. From the Chinese, Malay and English Division of SPH. Top pay for top talent. SPH (ST is part of) pay their “journalists” very well. Many have even become PAP MPs. From the Chinese, Malay and English Division of SPH.

Top pay for top talent.

]]> By: interested http://theonlinecitizen.com/2009/06/comparing-apples-with-oranges-%e2%80%9ctemasek-outdid-key-benchmarks%e2%80%9d/comment-page-1/#comment-83753 interested Sun, 28 Jun 2009 07:50:38 +0000 http://theonlinecitizen.com/?p=11249#comment-83753 the st is unreliable and toe the gahmen line ALWAYS! they have no independent view nor do they investigate anything. they parrot what the gahmen has to say and praise them to kingdom come. no more st or bt for me. i have decided to punish them by stopping my subscription when the term ends! i can read today and other newspapers or even the st at the library. there si so much crap in it that you usually scan the pages and end up reading the adverts for the best buys and sales! the st is unreliable and toe the gahmen line ALWAYS! they have no independent view nor do they investigate anything. they parrot what the gahmen has to say and praise them to kingdom come. no more st or bt for me.
i have decided to punish them by stopping my subscription when the term ends! i can read today and other newspapers or even the st at the library. there si so much crap in it that you usually scan the pages and end up reading the adverts for the best buys and sales!

]]> By: X.X!!! http://theonlinecitizen.com/2009/06/comparing-apples-with-oranges-%e2%80%9ctemasek-outdid-key-benchmarks%e2%80%9d/comment-page-1/#comment-83748 X.X!!! Sun, 28 Jun 2009 07:17:50 +0000 http://theonlinecitizen.com/?p=11249#comment-83748 yup. dodgy crap! yup. dodgy crap!

]]> By: notalone http://theonlinecitizen.com/2009/06/comparing-apples-with-oranges-%e2%80%9ctemasek-outdid-key-benchmarks%e2%80%9d/comment-page-1/#comment-83745 notalone Sun, 28 Jun 2009 06:34:59 +0000 http://theonlinecitizen.com/?p=11249#comment-83745 They really think Singaporeans (less the Scholars) are idiots. They really think Singaporeans (less the Scholars) are idiots.

]]> By: mack http://theonlinecitizen.com/2009/06/comparing-apples-with-oranges-%e2%80%9ctemasek-outdid-key-benchmarks%e2%80%9d/comment-page-1/#comment-83733 mack Sun, 28 Jun 2009 05:10:16 +0000 http://theonlinecitizen.com/?p=11249#comment-83733 I basically laff when they said Temasek outdid Warren Buffett... I mean, who are you trying to kid? Give a good quote that got published to increase its legitimacy and next time they can boast about it freely? I basically laff when they said Temasek outdid Warren Buffett…
I mean, who are you trying to kid?
Give a good quote that got published to increase its legitimacy and next time they can boast about it freely?

]]> By: The real damage http://theonlinecitizen.com/2009/06/comparing-apples-with-oranges-%e2%80%9ctemasek-outdid-key-benchmarks%e2%80%9d/comment-page-1/#comment-83732 The real damage Sun, 28 Jun 2009 04:55:05 +0000 http://theonlinecitizen.com/?p=11249#comment-83732 When leaders start showing such behaviours, they are sowing and nurturing the seeds of a typical national culture. I'm sorely afraid that the materialistic - self centred culture our ours will change for the worst. In 10 years time if these beahviours continue, we'll have a culture of very low trust and integrity; alongside the negatives we're having now. "Wow!!!" what a society that will be. What family values and relationship we'll have? Why do we insist on adding mud to our already muddy, dirty and stinky cultural norms and practices??? Don't we care for the future generations to which our children and grandchildren belong. How would you want them to live? This is something no academic achievement nor grades can make a difference. When leaders start showing such behaviours, they are sowing and nurturing the seeds of a typical national culture.

I’m sorely afraid that the materialistic – self centred culture our ours will change for the worst. In 10 years time if these beahviours continue, we’ll have a culture of very low trust and integrity; alongside the negatives we’re having now.

“Wow!!!” what a society that will be. What family values and relationship we’ll have?

Why do we insist on adding mud to our already muddy, dirty and stinky cultural norms and practices??? Don’t we care for the future generations to which our children and grandchildren belong.

How would you want them to live? This is something no academic achievement nor grades can make a difference.

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