10/12/2017

SGX proposes to make it easier to become remisiers

With an industry that is dying, and they still did not know why or refused to know why it is dying, SGX is trying very hard to want to prevent the industry from having to fold up. Unfortunately it is only a matter of when before the final nail is slammed into the coffin to seal its fate if they refused to see what is wrong with the stock market.
 

Good companies are delisting, trading volumes hitting record low, the gloating of increasing volumes in derivative trades would not help to tell a different story. It is so pathetic that a healthy industry, the envy of many, has reached such a state of despair, all because of a stupid decision to allow computers to trade against everyone and redesigning the whole system to facilitate the computers to make the killing.
So, what is there to attract more new remisiers into the industry? What is there to prevent good companies from delisting when listing in the exchange is meaningless, cannot raise fund and share prices being shagged to penny stocks?
 

The reality, the income in the stock market is worst than the income of fishmongers and vegetable sellers in the wet market. So, who would want to be a remisier in the stock market? If the income is less than $1,000 or in a good month, $2,000 net, without CPF, with no staff benefits, no paid leave, no paid holidays etc etc, I would think such jobs would only be good enough for people with 3 O levels. It just does not make sense for people who have better qualifications and could earn more to want to join the industry.
 

OK, for the investment specialists that could be earning $3,000 a month, maybe the qualifications and entry level could be a little bit higher. But how high before putting off the potential workers who could get more in any other jobs? With so many stringent requirements and examinations to take, just to earn $1,000 to $3,000, would it be more ‘senang’ to be a Grab or Uber driver, and earning much more, and could own a car some more?
 

Only the daft would still be thinking that smart Singaporeans would be crawling on their knees to come begging to become remisiers. Only the daft would think that the stock market would somehow come to live again without having to remove the cancer.
 

If one does not know the cause of an illness, or refuses to want to know the cause of an illness, how could the illness be cured? What is the point of prescribing medicine for flu when the patient is dying from AIDs? More cosmetics would not do much to stop a dying patient from dying.

16 comments:

Anonymous said...

..all industries r affected by the latest SMART nation initiative & digital/disruptive technologies nowadays, every jobs r affect by it. Only jobs that r protected r the MIWs or PAPies ( for a contract of at least 5yrs or even more provided the voters r always dafts & submissive)..

Anonymous said...

What is the point of prescribing medicine for flu when the patient is dying from AIDs?
RB

To stop those flu like symptoms from AIDs.

It is called palliative medicine, to reduce the suffering but not the cause and the inevitable.

Anonymous said...

So, who would want to be a remisier in the stock market?
RB

Who? Foreigners?

Or who would want to be a contruction worker or a maid in Sinkieland?

So therein lies the answer, tio bo?

Anonymous said...

SGX proposes to make it easier to become remisiers
---------------------
If it's good, do you think the SGX (or PAP) will call us Singaporeans?
Do you think SGX (or PAP) will make it easier for us Singaporeans if it's good?

Pay us a fixed million dollar salary lah.
Then SGX (and PAP) will definitely make it easier for us to become remisiers.

Anonymous said...


today, Singapore is like that liao

you don't know meh

wrong = right and right = wrong

there is really bo cheng hu in this tiny crowded very expensive city state

if you want to survive here you must 3Ms

no point kpkb

With 70% OK-ed how can you beat them

so........what can you do now

anyway.....yam Seng yam Seng yam Seng.......sgx!

Anonymous said...

"Good companies are delisting, trading volumes hitting record low, the gloating of increasing volumes in derivative trades would not help to tell a different story."

Good companies are delisting.
Capable Singaporeans are are also delisting (emigrating).

Do you think our PAP Generals have made Singapore into a very good army camp?

Like all good army camps, Singapore is efficient at doing nothing of good economic value.
Like all good army camps, only the Generals have a good life.
Like all good army camps, nothing very creative ever emerges from it.

Anonymous said...

The PAP regime has given Sinkies ropes to hang themselves . . .

Anonymous said...

Like all good army camps, Singapore is efficient at doing nothing of good economic value.
Like all good army camps, only the Generals have a good life.
Like all good army camps, nothing very creative ever emerges from it.
9:50 am

Very true.

Except got good economic value to those who are suppliers and contractors to army camps.

Anonymous said...

Except got good economic value to those who are suppliers and contractors to army camps.
12:57 pm

Tiok.

Now even recruits got roast duck to eat, u know. But duck not roasted by army cooks lah. No more cook vocation already, I think.

They even invite makansutra KF Seetoh to eat army camp food to advertise how good army camp food is. Good makan value.

Jiak hoh hoh jiak pa pa kar ay pak chiang mah. (Eat good eat full then can fight good mah).

Anonymous said...

Except got good economic value to those who are suppliers and contractors to army camps.
October 12, 2017 12:57 pm

So who are the suppliers & contractors to army camps ... you tell me lah?
It's an open secret right?
But nobody dare to say anything right?
Otherwise pants will drop correct?

patriot said...


No matter how low remisier gets, it is still far better than security personnel.
Aircon office, tie n suits, office hour and best work like self-employed and calls the Shot being a boss in a way.

Anyway, bus drivers are told to prepared for lay-off as buses will move by themselves, ditto taxis and other vehicles.

The Ex-army General manage SPH is sending off some hundreds into the Wilderness of the Job Matket.
The Kee-chiu Minister is telling Sinkies that he is working for Sinkies to have FUTURE EMPLOYMENTS as CURRENTLY SINKIES ARE RUNNING OUT OF JOBS.
What the hell does he means only he ALONE understands. l CANNOT kee-chiu for him as I do not know what he was babbling about.

Knn, everyday
we Sinkies are made to listen to some babblings from one minister to another who just dishes out their propaganda whilst the People are left in the Lurch and fighting for survivals.
More are becoming homeless and some are starving, yet the multi-millionaire politicians are still sweet-talking like lovers.

Are they confident yhat Sin will NEVER goes awry and horrible??


patriot

Anonymous said...

Am jobless for 27 months. Should I apply to be a remisier?

Anonymous said...

Am jobless for 27 months. Should I apply to be a remisier?
October 12, 2017 5:13 pm

try voting opposition.

Anonymous said...

you would not last 3 mths as a remisier unless you got a lot of money to lose, ie, no income still got to pay for losses.

Anonymous said...

Collecting millions for fucking daft sinkies and telling them you die your business.
Daft sinkies deserved the garment they voted.

Virgo49 said...

Twenty years back, we met a husband and wife both remisiers in the launch of a Malacca condo at Mahota.

Think from Kay Hian. They booked a penthouse at the topmost floor of 1990 sq feet for RM300K.

Hall facing the Straits of Melaka and back facing the City View.

At that time, they were earning hundreds of thousands thru just stocks brokering.

Many graduates plus those in mid level management jumped to be Remisiers.

Undergoing studies and switch of careers.

Now, after going thru such onerous and tedious courses just paid 2K less than a counter clerk or customer service officer.

Who wants??

Some more, made it easier for them.

Please keep for your selves or have your MPs with 16K allowance worked as Remisers.

Now most still prefer Housing Agents.

Remisiers became Real Misery.