Another wonderful ‘pow chiat’ success business formula from Singapore

Below is a quote taken from the Statestimes and I believe they have quoted it from the main media and must be true. I stand corrected.

‘Announced yesterday (Nov 4), the Land Transport Authority (LTA) ruled that only Temasek Holdings-owned companies SMRT and SBS Transit are allowed to bid for the new Thomson-East Coast Line (TEL).

Profits of the successful bidder will be guaranteed under the new contractual model where taxpayers will bear the revenue risk. PAP MP Ang Hin Kee claimed that when profits are guaranteed, the company will focus on quality:

“When you remove the revenue risk, meeting the service standards becomes the focal point of an operator’s ability to deliver.”’

I think all businessmen would love this formula. They should all make an application to the govt for a guaranteed profit figure and then promise to improve the quality of their service or products. How about that, go takers or not?  Let’s start with SIA, can buy back NOL and use this formula, who else want to take up this formula? How about HDB, profit guaranteed, no more billion dollar losses, and quality sure to improve. How about our universities, guaranteed profits to produce quality graduates, no mismatch? How about the telcos, SBS, the taxi drivers?

All the shops in Orchard Road would be forming a beeline to the government office to apply for guaranteed profits to improve products and services. This idea or concept is simply brilliant. I would never have thought of it and I don’t think anyone in the whole wide world would be able to come with such a clever idea. Count on the million dollar talents to come out with such an ‘out of the world idea’ to match out of the world salary. Now you can see the result of paying million dollars for million dollar ideas. Be grateful.

Soon all the companies in Singapore would be making profits and improving the quality of their products and services. Praise must be given when it is due. Another Uniquely Singapore innovative idea. Nevermind if the risk is borne by taxpayers. Our taxpayers are very rich. Sorry taxpayers, or shall I say thank you taxpayers, you are so kind and generous?

PS. I also want to go into business when profits are guaranteed.

Simple quotes from Jack Ma

Jack Ma immutable Quote
世界一直變, 沒有人會在原地等你,告訴您的孩子吧！
World is changing, Nobody is waiting for you here, Please inform your kids!
打火機出現, 火柴消失。
When lighters appear, matches disappear
計算機出現, 算盤消失。
When calculators invented, abacus vanishes!
CD出現, 錄音機消失。
When CD emerge, radio recorder totally lost
數位相機出現, 膠卷底片市場沒了…
When digital camera appear, film industry perfectly gone!
消費者直購出現, 傳統市場生意萎縮了。
When consumers direct purchasing from vendors/manufacturers, traditional middlemen business contracting
智慧手機出現, 4G出現, 回家不用電腦了。
When smart phone invented, especially in 4G era, PC world end, hardly see someone use it at home!
微信, whatsapp出現, 簡訊沒人要發了。
Short message, whatsapp emerge, nobody use SMS anymore!
並非誰奪走誰的生意, 而是人們更懂得接受新事物！
It is not being someone intend to steal or destroy somebody business, instead, we must always prepare to accept new things/business/megatrend/thinking
有人問馬雲, 你為什麼那麼成功？
Q : Someone ask Jack Ma, why are you so successful?
很簡單：《我在做、你在看！》很多人一生輸, 就輸在新事物。
A : very Simple!   < I am doing, you are watching!> a lot of people always lose out, because they are always ignorance to new trend, instead of responding or actively counteracting !
看不見, 看不起, 看不懂,來不及！
Mostly due to can't heed, always belittle others, don't want to understand, it will surely be TOO LATE and regrettably one day!
記住：
世界一直在改變, 你不主動改變，終究會被世界改變，沒有人會一直的在原地等你！
Please remember:
world is always changing, If you not take initiatives to change
Eventually, you will be changed! Nobody will wait for you at the same place!
時間在哪？成就在哪？
When is it? Where will be the achievement ?
把時間用來喝酒；成就了酒量。
Spend time to drink; You surely be a good drinker
把時間用來抱怨；成就了怨婦／怨夫。
Spend time to grievance ,You surely be an unhappy men/women
時間放在自己臉上；成就了美女。
Spend time on your face, One day will be a beauty
時間放在養生上；成就了健康的身體。
Spend time on health building,You definitely will be healthy and longevity
把時間用來挑剔；成就了刻薄。
Spend time to be so particular and calculative,
Surely become a very difficult personality
把時間用來學習；成就了智慧。
Spend time to learn , Wisdom will be elevated within you
把時間用在家庭；成就了親情。
Spend time on family, You will surely have a happiness family life with  great companionship and admired by others
真讚的一番話~ 傳給你關心的人吧！
Please convey this best quote to someone you really care for

What Jack Ma said is simply, do, invest time and effort on doing things that are worthwhile and you will acquire what you set out to do. If one spends time on useless and unproductive things, one will become wasteful and unproductive and gains nothing in the end.

Look at the Jakarta mob, what were they doing, what were they spending their time on? What is the priority in their lives?

Sue the stock exchange

OK I must be careful here. When I said sue the stock exchange I am referring to the NYSE, not SGX. SGX is the best stock exchange in Asia, maybe the best in the world, with excellent governance, good checks and balance system in place, good people in charge, the best money can buy, and with a lot of stringent monitoring and controls to make sure everything is fine, and no donkey or monkey business, no foul or fraudulent practices allowed. Investors playing in the SGX are so blessed to be investing in the safest and best regulated stock market in the world.

OK let me return to the NYSE. The people managing this stock market must be sued till their pants dropped and be put behind bars for mismanaging the stock market and allowed all kinds of frauds and fraudulent practices in the system and pretending that all is ok, legal and good practices. How can it be ok when the stock market is turned into a casino?

Let me just briefly list a few things that the stock exchange did. Bringing in IPOs from countries far far away that they have no effective control and no means of taking legal measures against fly by night companies and allowing such operators to cheat the innocent investors of their hard earned monies. These half baked companies were allowed to list, to take the money from IPOs and then let the companies collapse and the investors losing their pants. And the stock exchange just look the other way, appearing so innocent, not their business, you play with your eyes open while they pocketed the listing fees. They would not take responsibilities for allowing snake oil salesmen selling fly by night companies to list. Not their problem. They did not do anything wrong, not just one case but hundreds of similar cases, and the poor investors left to lick their wounds, money gone. This is crime against the innocent.

What about algo and computer trading, high speed trading? These buggers were allowed to take advantage of their super computers, to even locate their computers next to the exchange to be nearer and faster, to trade against the innocent investors. Such unfair practices, uneven playing field, are accepted as normal, nothing wrong, fair practices? Aren’t these cheatings? Why are the innocent public investors being made to play in a stock exchange that was rigged against them and the stock exchange management proudly claimed that there was nothing wrong? Unfair practices, unfair advantages and nothing wrong? OK, I never said the exchange was rigged. I only repeat what the western media and experts were saying.

Is the stock exchange supposed to provide a level playing field, ensure fair practices, ensure that everyone has a fair and even chance to trade and make or lose money? Why are the supercomputers allowed to trade against ill equipped ordinary people? Fair? Where is the fairness, where is the justice when small investors are cheated or taken advantage of by the computer traders?

And there are many many advantages that the computer traders have over the small investors and the stock exchange management just closed an eye and said nothing wrong. The computer traders with their super computers are allowed, legally sanctioned to do what they are doing by the stock exchange!

Now, should not the American public sue the stock exchange and the management and send them behind bars? Difficult, because many senators and congressmen and women are in some way paid to shut up and not to look at the crimes committed against the small investors.

Surely there must be some righteous and honourable senators and congressmen and women that would be willing to take up this injustice in the stock exchange, to protect the interest of the American public, the small investors, from fraud and malpractices. No? no fraud, no malpractices?

Who is bluffing who? When rights and wrongs are brushed aside and ignored, it is time for the American stock exchange to collapse. The rot is at the top, at the management of the stock exchange, including the government. They must be sued and justice brought to bear on them.

Save the small investors and the stock exchange. Why are the Americans living in such ignorance and being cheated without protesting when they are so good at suing? They have many very clever lawyers to frame the charges to bring the crooks managing the exchange to justice.

Freedom of navigation a threat to who?

Who is afraid of Virgina Wolf, not the silly lamb of course. Who is afraid of lack of freedom of navigation in the South China Sea? China is the biggest trading nation in the world and should be the most afraid of lack of navigation. Would China impose restriction on freedom of navigation on others and affect is trade with the world and its reputation and its national interest? Only fools would cut their nose to spite their own face.
 
Why would China want to cause such friction and mess up its relations with its neighbours? Did China mess up its relations with the countries sharing common borders with China? No. China needs good relations with its neighbours to show to the world that it values peace and good relations with its neighbours and countries around the world. But the Empire, the ex colonial masters are conning their silly former colonies that they must fear China and not them, and the silly colonies believe in the lies.
 
Who is really afraid of freedom of navigation being curbed? Actually no one would do such a thing in this era. What would or could China do, or what would be the likelihood of China’s presence in the South China Sea? This is what the Americans are afraid of. Today, the Americans sail their navies all over the world to challenge and threaten countries it tagged as enemies or called Axis of Evil. What the Americans are afraid is that China would install military surveillance in the SCS, include anti carrier and naval ship missiles that would pose a threat to the Americans that till now, could do what it likes without being challenged and untouchable. With China’s military presence, the Americans would be watched, monitored and could be challenged and sunk if they misbehaved or tried to bully other countries.
 
Is this not good for small countries in the region? What have small countries got to fear when they are not in contention for military power and domination in the SCS? They are being silly to think that China would be bothered with their little warship in SCS. China only has eyes on the world hegemon, the warmonger in the USA that have been threatening every nation with their military power.
 
The Americans would not want China to be able to threaten their military. It could nothing to do with small nations. This is the crux of the problem on freedom of navigation. The freedom of navigation of American naval fleet, aircraft carriers, would be monitored and could be threatened by China’s anti ship missiles.
 
To the rest of the Asean nations, please, don’t think silly and think so highly of yourself, that China would be bothered with your little naval craft. China got no time for you. Do not fight the fight for the Americans. Freedom of navigation is between the big powers, between China and the Americans and other pretenders.
 
Go home and have a nice sleep and stop pretending that freedom of navigation in the SCS would affect you if you are a little nation. In fact China would court your friendship and would make things better for you to win your goodwill. China would protect and ensure freedom of navigation for everyone to promote trade and exchanges.
 
Stupidity cannot be cure.

Asean – The Empire strikes back

The American hegemony has been shaken by recent moves by the Philippines and Malaysia to improve ties with China. The Empire will not take this sitting down and is striking back. The Empire has always regard Asean, in fact the whole world, as part of the Empire. The Empire rules the world and dictates to the world how it should behave or else. No independent country is free or really independent from the Empire.

The prosecution of the Malaysian PM Najib by the American Department of Justice is a clear case that the Empire rules. The embezzling case involving Malaysian govt, state funds, and Malaysians was though, in fact obvious to all, a domestic affairs of Malaysia. But the Empire said no, every state must be answerable to the Empire and Malaysia and its PM are no exception. They committed an act that the Empire would not allow and the Department of Justice had acted against its subjects. Full investigation would be conducted by all the subject countries to bring the PM of Malaysia to justice, in the courts of the Empire.

PM Najib of Malaysia has joined the rebels and headed to the rebel stronghold in China for protection. The rebel forces are strong. The Force is with them with Russia and China standing up to the Empire. Duterte, the President of the Philippines were even more rebellious by openly defying the Empire. Not only did he declared to break away from the Empire, he added that he would join the rebel forces led by Russia and China.

Duterte wants the Empire to pull out its remaining soldier in the Philippines. But the Empire said no, that the soldiers were there to help the Philippines to quell resistant forces. With that excuse, the Empire hopes to keep its soldiers in the Philippines, the way it is keeping its forces in Japan and South Korea,

Pressure is mounting to check on the Philippines. The Empire has told the Philippines that it would not be able to buy weapons from the Empire. It is a matter of time before sanctions would be applied to the Philippines for defying the Empire, attempting to break away.

The Philippines and Malaysia are now top of the list of countries targeted by the Empire. What else would the Empire do to remove Najib and Duterte and install more Empire friendly leaders to replace them? Would there be military coup or an invasion of these countries led by storm troopers?

 Don’t pray pray with the Dark Side. May the Force be with the rebel forces.