Rule of Law, democracy, human rights, lack of transparency, theft of IP,
debt traps, national security, China has no respect for international
laws and agreements, China is a communist countries, state owned
enterprises(SOEs) etc etc. All western journalists and half baked
academics and CIA sponsored operators aka journalists or anal-lysts
would spout these phrases as second nature, like taking breakfast and
lunch. And Asian bananas would think it safe and right and correct to
spout the same nonsense as a credibility badge or badge of honour. They
cannot be wrong to utter the same phrases coming out from the fake
western anal-lysts.
I think they have missed out a lot about how great the Americans and the
West were and have been doing so successfully for peace and prosperity
of this world. These anal-lysts have forgotten to praise the Americans
and the West for their great achievements while devoted their full
attention to badmouthing and smearing China.
Think again, how successful the Americans and the West are in formenting
turmoil and incessant warfare in the Middle East and every corner of
the world. It is because these people are wasting their time fighting
among themselves and destroying their own countries and the lives of
their own people that they have no time or not much time to create
problems and troubles for other countries. They are so preoccupied in
their own killings in their own countries and that allowed the rest of
the world to live in peace. Thanks to the great effort put in by the
Americans to keep them very busy.
Great job Americans and the West. Well done. They together deserve to be
given a Nobel Prize for Peace just like Obama, and Trump in the waiting
list as the next best candidate for Peace Prize. He will get his well
deserved peace prize when he invaded Venezuela and start a war in his
backyard, in Latin America so that the rest of Latin America and North
America can live in peace.
Common western journalists and academics and bananas, do the honour to
praise the great works of the Americans in the Middle East and paint
them some glowing accolade.
Asian media should be more original, instate of being guided by western
catchphrases and narratives, try to write or produce programmes starting
from a different angle, the Asian angle, with Asian viewpoints and
interests, and Asians behind the news or programmes. It would be more
refreshing than just blindly apeing and regurgitating western
narratives. Originality, creativity and be different, be Asian instead
of stale news like debt traps, rule of law or badmouthing China.
Incidentally when the West uttered we are a rule of law country, they
are saying China is lawless, no rule of law. What about the outlaws in
the USA and Canada? Any idiot that uttered this phrase in front of
Chinese officials is going to get brickbrats from them.
I think they need editors or thinkers like redbeans to teach them new
tricks of the trade to gain some credibility and respectability as
independent news producers with independent thinking, not parrots of the
West.
4/08/2019
USA Evil Plot For South East Asia
PART ONE
The Evil Empire has no interest in a peaceful world. It thrives on permanent warfare in the service of the Anglo-Saxon Jewish Zionists Rothschild Cabal and the 1% elites war barons in Wall Street and Washington. US now has over one thousand military bases all over the world not just to contain Russia, China, Iran and DPRK but to hold all other countries in servitude and fear .
USA the Evil Empire of choas has since the 1600s inherited from its forebears the satanic British Empire the inherent penchant for wars of aggression and conquest. White men from Europe first went to America empowered by an aggressive militant religious doctrine " The Doctrine of Christian Discovery " to search for non-Christian lands to conquer and to dispossess and kill all those natives who refused to be converted to Christianity. Armed with this pathological doctrine and subsequent other evil doctrines like the ' Doctrine of American Manifest Destiny " and US Exceptionalism " the satanic United States went on a never ending rampage of conquests of all the then existing independent native American states, killing, murdering, and genociding all the natives.
This was followsed by decades of never ending wars of conquest against Mexico from 1840s to 1890s. Having conquered all the lands in continental North America except for British Canada the Evil Empire cast its evil eyes for territorial expansion across the Pacific and Atlantic ocean. From 1890s to 1905 It destroyed the Hawaii sovereign nation , deposed its queen and took control of the Hawaii Kingdom by force beforc formally annexing it in 1957.
Other Pacific Ocean islands were similarly conquered including Guam and the Philippines which the Evil Empire occupied and ruled brutally from 1898 to 1948.
The Evil Empire thirst for aggression and conquests seem to be endless It has openly stated that it intends to form a one world order under the total control and hegemony of the United States. This evil dream and intent of subjugating the whole world under US dominant control and hegemony however is objected and fiercely opposed by all countries in the world and vehemently challenged by Russia, Iran, North Korea and China.
The Evil Empire created endless brutal wars in the Middle-East with the objective to obtain full control of the region so as to grab the rich oil and mineral resources of the region. However, it is checkmated by the Russians in Syria and face strong opposition from Iran .
As its aggression in the Middle East faces temporary setback it strikes out against its backyard neighbours in Latin America . Venezuela is now facing the gaunlet of American aggression. Other victimised countries are Cuba, Bolivia, Nicaragua, Honduras, Guatemala, Panama, El Salvador, Mexico, Ecaudor, Chile, Brazil, Peru and Argentina.
However the Evil Empire's plan of military intervention in Venezuela is now thwarted by Russia which has been officially invited by the Venezuela government of Maduro to send both civilian and military aid in helping Venezuela to resist American aggression. US now resorts to subterfuge of economic sabotage like sanctions, blockade, cyber warfare and destroying Venezuela's power stations.
With its aggression being stopped by Russia in Syria and Middle East and now in Venezuela, the Evil Empire is now planning to shift its war of aggression in the South China Sea posturing a geopolitical action against China to constrain and contain China;s peaceful development under the guise of freedom of navigation and under the false pretension of helping the South China Sea littoral states vis-a-vis China.
In actual fact the Evil Empire intends to eventually take control of the South China Sea so as to grab all the vast oil and mineral resources under the sea bed. To achieve this sinister objective it has to instigate and foment wars among the South China Sea littoral states against China. This will both enable the US evil Pentagon's Military Industrial Complex to sell billions of dollars of its military hardware and weapons to the unsuspecting South East Asian countries and to eventually hold sway over the entire region up to Papua New Guinea and Australia.
If the South Chiona Sea countries are not careful they will fall into the insidious trap of US evil designations. South East Asian countries must think carefully whether US is a friendly benign power or a satanic power bent on subjugating the whole world in slavery to its evil dictates and machinations.
In the 242 years of its independence from Imperial England, US has fought not less than 230 years of aggressive wars of conquests and domination leaving behind endless trails of death, killings, murders and genocide of native people and causing tremendous pains and sufferings to the fateful survivors who are kept in isolated derelict places which they call " Native Reservations " an euphemism for concentration camps. In the concentration camps the natives are ill treated and starved with very meagre food and limited water supply. They are given laborious low lying jobs with no pay or little pay. Their women folks are being sterilized with injections to prevent them from being able to procreate. Their children are being taken away from the warmth of their parents and family and most of them die a miserable death due to bad treatment and starvation. This abominable practice is still carried on in United States and Australia.
PART TWO
China, a civilization of more then 5000 years where the people are known as the Han people had never attack or invade other countries except for two short periods where the Chinese themselves were attacked and invaded by the Mongols and the Manchus. The Mongol invasion of China , Asia and Europe was short lived . The Manchu invasion of China, Burma, Indo-China and Japanlasted a little longer from about 1644 to 1911 .
But China like most other countries in the world and ain all the continents were soon succumbed to 500 years of the most abominable western imperialism and colonialism. This western imperialism adopted a policy of divide and rule and subjected all invaded countries to slavery and servitude and unlimted exploitation of their wealth and rich natural resources.
From the period of the Opium Wars 1832 - 1856 to early 1940s China was torn asunder, her lands ripped apart and occupied and colonized by England, France, Germany, Holland, Japan, Russia and United States. It was not until 1949 when China after a long struggle and fight against these imperialists managed to unite and coalesce again as a great country under the leadership of the Peoples Liberation Army - PLA , led by by Chairman Mao Tse Tung and his colleagues with the patriotic of the Chinese people.
With the example of China shaking off the yoke of Western imperialism and colonialism , China showed the way and helped all the Asian countries to fight and struggle for independence after the Second World War in 1945.
But the western imperialists and Japan were not happy that because of China they had all lost their colonial empire. The British lost India, Burmaand Ceylon after over 300 years, the Dutch of Holland lost Indonesia after 400 years of occupation, France lost Indo-China after about 100 years and of course US lost the Philippines after about 60 years. Japan was driven out of Asia and China by the Chinese people.
However, because of the grievous grudge the imperialists West and Japan bear against China for the lost of their empire and colonial territories they have never stopped as a revenge to demonise China and to to paint China in a bad light in the same canvas of evil western imperialism. In doing so they hope to stir up animosity and hatred among the South East Countries against China which has acted as a bulwark against return of western imperialists now epitomize by US wild ambitions.
US has since the end of Second World War fought many endless wars of aggression and conquest killing over 20 million innocent lives and causing immeasurable suffering and pains to many more millions of others. The wars on DPRK, Iraq, Libya, Afghanistan. Somalia and Yemen and many others were savage, brutal and most inhuman in cruelty.
Now South Eazst Asian countries and their leaders have to think wisely and decide which country is evil and post great danger to their countries. USA has never stopped attacking and invading other countries since its independence. It is on the verge of invading Venezuela now. It is sowing seed s of choas and dissension in many other countries in South and Latin America and in many countries in Africa and Central Asia. All these evil plot for what if not for the pruposxe of enabling the Americans to grab power, riches and wealth in the service and for the benefits of the Anglo-Saxon Jewish Zionists Rothschild Cabal and 1% elites of the rogue robber barons in Wall Street and Washington.
Has China ever invaded your country both past and present? Has China ever exploited your country? You think for youselves. The answer is definitely NO.
China has amicably settled and signed border treaties with 14 of its 16 neighbouring countries except India and Japan. In dia wants to hold on to the mantle of British imperialism by holding on to Chionese llands forcibly taken from China by the British. Japan refused to to return to China the Diao Yudao and the iu Chiu islands.
South East Asian countries must be wise and not fall into the US trap of plunging the South East Asian region into another warfare of endless dimensions and quagmire just for the benefits of the American imperialists.
It is worth to preserve the peace and live in harmony with China. Sleeping with the predatory American eagle is a sure sign of death and potential demise of your country.
Southernglory 1
Monday, 8th April, 2019
The Evil Empire has no interest in a peaceful world. It thrives on permanent warfare in the service of the Anglo-Saxon Jewish Zionists Rothschild Cabal and the 1% elites war barons in Wall Street and Washington. US now has over one thousand military bases all over the world not just to contain Russia, China, Iran and DPRK but to hold all other countries in servitude and fear .
USA the Evil Empire of choas has since the 1600s inherited from its forebears the satanic British Empire the inherent penchant for wars of aggression and conquest. White men from Europe first went to America empowered by an aggressive militant religious doctrine " The Doctrine of Christian Discovery " to search for non-Christian lands to conquer and to dispossess and kill all those natives who refused to be converted to Christianity. Armed with this pathological doctrine and subsequent other evil doctrines like the ' Doctrine of American Manifest Destiny " and US Exceptionalism " the satanic United States went on a never ending rampage of conquests of all the then existing independent native American states, killing, murdering, and genociding all the natives.
This was followsed by decades of never ending wars of conquest against Mexico from 1840s to 1890s. Having conquered all the lands in continental North America except for British Canada the Evil Empire cast its evil eyes for territorial expansion across the Pacific and Atlantic ocean. From 1890s to 1905 It destroyed the Hawaii sovereign nation , deposed its queen and took control of the Hawaii Kingdom by force beforc formally annexing it in 1957.
Other Pacific Ocean islands were similarly conquered including Guam and the Philippines which the Evil Empire occupied and ruled brutally from 1898 to 1948.
The Evil Empire thirst for aggression and conquests seem to be endless It has openly stated that it intends to form a one world order under the total control and hegemony of the United States. This evil dream and intent of subjugating the whole world under US dominant control and hegemony however is objected and fiercely opposed by all countries in the world and vehemently challenged by Russia, Iran, North Korea and China.
The Evil Empire created endless brutal wars in the Middle-East with the objective to obtain full control of the region so as to grab the rich oil and mineral resources of the region. However, it is checkmated by the Russians in Syria and face strong opposition from Iran .
As its aggression in the Middle East faces temporary setback it strikes out against its backyard neighbours in Latin America . Venezuela is now facing the gaunlet of American aggression. Other victimised countries are Cuba, Bolivia, Nicaragua, Honduras, Guatemala, Panama, El Salvador, Mexico, Ecaudor, Chile, Brazil, Peru and Argentina.
However the Evil Empire's plan of military intervention in Venezuela is now thwarted by Russia which has been officially invited by the Venezuela government of Maduro to send both civilian and military aid in helping Venezuela to resist American aggression. US now resorts to subterfuge of economic sabotage like sanctions, blockade, cyber warfare and destroying Venezuela's power stations.
With its aggression being stopped by Russia in Syria and Middle East and now in Venezuela, the Evil Empire is now planning to shift its war of aggression in the South China Sea posturing a geopolitical action against China to constrain and contain China;s peaceful development under the guise of freedom of navigation and under the false pretension of helping the South China Sea littoral states vis-a-vis China.
In actual fact the Evil Empire intends to eventually take control of the South China Sea so as to grab all the vast oil and mineral resources under the sea bed. To achieve this sinister objective it has to instigate and foment wars among the South China Sea littoral states against China. This will both enable the US evil Pentagon's Military Industrial Complex to sell billions of dollars of its military hardware and weapons to the unsuspecting South East Asian countries and to eventually hold sway over the entire region up to Papua New Guinea and Australia.
If the South Chiona Sea countries are not careful they will fall into the insidious trap of US evil designations. South East Asian countries must think carefully whether US is a friendly benign power or a satanic power bent on subjugating the whole world in slavery to its evil dictates and machinations.
In the 242 years of its independence from Imperial England, US has fought not less than 230 years of aggressive wars of conquests and domination leaving behind endless trails of death, killings, murders and genocide of native people and causing tremendous pains and sufferings to the fateful survivors who are kept in isolated derelict places which they call " Native Reservations " an euphemism for concentration camps. In the concentration camps the natives are ill treated and starved with very meagre food and limited water supply. They are given laborious low lying jobs with no pay or little pay. Their women folks are being sterilized with injections to prevent them from being able to procreate. Their children are being taken away from the warmth of their parents and family and most of them die a miserable death due to bad treatment and starvation. This abominable practice is still carried on in United States and Australia.
PART TWO
China, a civilization of more then 5000 years where the people are known as the Han people had never attack or invade other countries except for two short periods where the Chinese themselves were attacked and invaded by the Mongols and the Manchus. The Mongol invasion of China , Asia and Europe was short lived . The Manchu invasion of China, Burma, Indo-China and Japanlasted a little longer from about 1644 to 1911 .
But China like most other countries in the world and ain all the continents were soon succumbed to 500 years of the most abominable western imperialism and colonialism. This western imperialism adopted a policy of divide and rule and subjected all invaded countries to slavery and servitude and unlimted exploitation of their wealth and rich natural resources.
From the period of the Opium Wars 1832 - 1856 to early 1940s China was torn asunder, her lands ripped apart and occupied and colonized by England, France, Germany, Holland, Japan, Russia and United States. It was not until 1949 when China after a long struggle and fight against these imperialists managed to unite and coalesce again as a great country under the leadership of the Peoples Liberation Army - PLA , led by by Chairman Mao Tse Tung and his colleagues with the patriotic of the Chinese people.
With the example of China shaking off the yoke of Western imperialism and colonialism , China showed the way and helped all the Asian countries to fight and struggle for independence after the Second World War in 1945.
But the western imperialists and Japan were not happy that because of China they had all lost their colonial empire. The British lost India, Burmaand Ceylon after over 300 years, the Dutch of Holland lost Indonesia after 400 years of occupation, France lost Indo-China after about 100 years and of course US lost the Philippines after about 60 years. Japan was driven out of Asia and China by the Chinese people.
However, because of the grievous grudge the imperialists West and Japan bear against China for the lost of their empire and colonial territories they have never stopped as a revenge to demonise China and to to paint China in a bad light in the same canvas of evil western imperialism. In doing so they hope to stir up animosity and hatred among the South East Countries against China which has acted as a bulwark against return of western imperialists now epitomize by US wild ambitions.
US has since the end of Second World War fought many endless wars of aggression and conquest killing over 20 million innocent lives and causing immeasurable suffering and pains to many more millions of others. The wars on DPRK, Iraq, Libya, Afghanistan. Somalia and Yemen and many others were savage, brutal and most inhuman in cruelty.
Now South Eazst Asian countries and their leaders have to think wisely and decide which country is evil and post great danger to their countries. USA has never stopped attacking and invading other countries since its independence. It is on the verge of invading Venezuela now. It is sowing seed s of choas and dissension in many other countries in South and Latin America and in many countries in Africa and Central Asia. All these evil plot for what if not for the pruposxe of enabling the Americans to grab power, riches and wealth in the service and for the benefits of the Anglo-Saxon Jewish Zionists Rothschild Cabal and 1% elites of the rogue robber barons in Wall Street and Washington.
Has China ever invaded your country both past and present? Has China ever exploited your country? You think for youselves. The answer is definitely NO.
China has amicably settled and signed border treaties with 14 of its 16 neighbouring countries except India and Japan. In dia wants to hold on to the mantle of British imperialism by holding on to Chionese llands forcibly taken from China by the British. Japan refused to to return to China the Diao Yudao and the iu Chiu islands.
South East Asian countries must be wise and not fall into the US trap of plunging the South East Asian region into another warfare of endless dimensions and quagmire just for the benefits of the American imperialists.
It is worth to preserve the peace and live in harmony with China. Sleeping with the predatory American eagle is a sure sign of death and potential demise of your country.
Southernglory 1
Monday, 8th April, 2019
How important is fake news to our govt?
The length and time spent on this fake Bill could sum up how important
is fake news to the govt. No issue in Parliament has had such an
extensive discussion and coverage in the main media. Think of the time
and manpower expended to explain this bill, the cost involved has been
quite staggering.
What is the outcome of the debate so far? Govt’s power in fake news Bill not absolute, govt must make first call but there is legal safeguard for those who disagree with the decision. This is the headline in thenewpaper. Also in the same paper is a comment by a former US Secretary for homeland security, Michael Chertoff who said, ‘when it comes to laws against fake news but there are no easy answers’. It was also reported that ‘he refrained from commenting directly on the draft laws Singapore introduced on Monday to combat fake news, he said it was useful to draw a distinction between a “clear falsity” and opinion.
Was it out of respect or caution that this former US secretary refrained from commenting on our fake news Bill? Americans are well known for shooting their mouths with no respect for anyone or country when they think something is not right. Freedom of expression is a core American value that would not be easily challenged or cast aside. But he did said that one has to be careful about a clear falsity and to respect or recognize opinions if I read him correctly.
Chertoff was quoted to have said, ‘Rather than debate aspects of misinformation that are outright deceptive – such as impersonation and intervention by foreign entities – the harder question to answer is what constitutes fake news.’ Not difficult at all when Singapore is concerned. In Singapore, fake news is when chenghu said it is fake news. Period. If you don’t agree, go to court, provided you have the money to pay for expensive legal fees.
Another taken for granted fake news is political propaganda and agenda in the main media. These are accepted as the conventional truth without the need to question where it is coming from, especially when it came from the Americans or the West. Our silly bananas would swallow them hook, sinkers and line as the gospel truth. In Singapore, the official position is that main media never lies, never spread fake news. So, other than chenghu said so, what you read in the main media are by professionals, all well researched, verified and documented and must be real, including from foreign journalists and wildlife. There is no need to question what is printed in the main media, only question the suspected social media that are supposed to be telling lies and spreading fake news, like mysingaporenews.
Ok, this is my opinion, just my opinion.
What is the outcome of the debate so far? Govt’s power in fake news Bill not absolute, govt must make first call but there is legal safeguard for those who disagree with the decision. This is the headline in thenewpaper. Also in the same paper is a comment by a former US Secretary for homeland security, Michael Chertoff who said, ‘when it comes to laws against fake news but there are no easy answers’. It was also reported that ‘he refrained from commenting directly on the draft laws Singapore introduced on Monday to combat fake news, he said it was useful to draw a distinction between a “clear falsity” and opinion.
Was it out of respect or caution that this former US secretary refrained from commenting on our fake news Bill? Americans are well known for shooting their mouths with no respect for anyone or country when they think something is not right. Freedom of expression is a core American value that would not be easily challenged or cast aside. But he did said that one has to be careful about a clear falsity and to respect or recognize opinions if I read him correctly.
Chertoff was quoted to have said, ‘Rather than debate aspects of misinformation that are outright deceptive – such as impersonation and intervention by foreign entities – the harder question to answer is what constitutes fake news.’ Not difficult at all when Singapore is concerned. In Singapore, fake news is when chenghu said it is fake news. Period. If you don’t agree, go to court, provided you have the money to pay for expensive legal fees.
Another taken for granted fake news is political propaganda and agenda in the main media. These are accepted as the conventional truth without the need to question where it is coming from, especially when it came from the Americans or the West. Our silly bananas would swallow them hook, sinkers and line as the gospel truth. In Singapore, the official position is that main media never lies, never spread fake news. So, other than chenghu said so, what you read in the main media are by professionals, all well researched, verified and documented and must be real, including from foreign journalists and wildlife. There is no need to question what is printed in the main media, only question the suspected social media that are supposed to be telling lies and spreading fake news, like mysingaporenews.
Ok, this is my opinion, just my opinion.
4/07/2019
'UOB fit' or foreigner fit
Not Asian, so no job? No proof UOB
discriminated against London banker, but there was unfair dismissal
A former senior officer with the
United Overseas Bank (UOB) who accused the bank of denying him a new job
because he is not Asian has lost a racial discrimination claim at a London
employment tribunal.
The
above is reported in Today online. Can you believe this angmoh has the
audacity to sue UOB for dismissal on the ground of him being non Asian? Did
he believe that Singapore is still a British colony and angmoh tua kee, that
he could walk around thinking he was 10 foot tall because he was an angmoh?
Asian
companies, particularly Singapore companies, must take note of this risk of
being spuriously sued by angmohs and foreigners for providing jobs when they
could not find jobs in their home countries. Singapore companies do not owe
these foreigners any duty or obligation to solve their unemployment problem
and should not be unduly stressed by employing them and to be treated
exceptionally because they are foreigners.
Why
risk having such silly problems when they could hire Singaporeans and provide
jobs for Singaporeans and take care of Singaporeans? Hope UOB and other
Singaporean companies learn from this episode and avoid and reduce their
employment of foreigners. Foreigners are not really tua kee. Most of them are
rejects from their countries, could not find employment in their own
countries, so have to run away to this corner of the world to look for jobs.
There is no need to bend backwards to hire these wildlife.
The
wildlife think they are special and Singaporeans are stupid, Singapore owes
them a living. And they think they can come here to beat up daft Singaporeans as and when they like.
Who is creating this wildlife problem in Singapore? Who is putting the safety of Singaporeans at risk? The day when Singaporeans walk the streets in fear of wildlife would be the day Singaporeans lose their country.
|
4/06/2019
Investing in junks is gambling, $713m is placing big bets
The Asia Times reported last
week (8 Mar) that Singapore’s Government Investment Corporation will
subscribe to 50 billion rupees ($713 million) worth of Bharti Airtel’s
rights issue in exchange for an approximately 5% stake in the latter.
The Delhi-based Telecommunications Company is the second largest
mobile network operator in India and the third largest in the world with
operations. It has operations in 20 countries across South Asia and
Africa.
Airtel said that the rights issue was initiated to “further strengthen our balance sheet with desired financial flexibility so as to meet future opportunities, particularly in the rapidly transforming Indian mobile market.””....
Just last week, Moody’s has lowered the credit rating of Bharti to “junk” grade Baa3 as it has concerns over weak cash flows over the next few quarters.
In the same article, Moody’s forsees that this would increase Airtel’s cost of borrowing by 30 to 50 basis points.
As at 31 Dec 2018, Airtel’s net debt stood at more than $15 against a Market Value of around $17.5 billion.
Would you invest in debt-heavy Airtel?
Above is TRE Editorial article.
Over a longer time frame of 25 years, the Indian rupee and Indonesian rupiah have fallen against S$ by 62% and 87% respectively. Philip Ang
People reading the above would have the impression that this kind of investment in junk status companies is bad. No need to think further. Why would anyone throw good money after bad money? This is the view of the common laymen, taking things superficially. This investment made good sense, just like buying all the junk American and western banks during the world financial crisis. It is a rare opportunity to be able to buy once good companies at junk prices.
Think long term, in the long run or long term, junk companies would turn from ashes to gold. The rupee too in the long term would turn up as India is the next super power. They claimed they had shot down a Pakistani fighter aircraft, which the Pakistani have proven to be a lie. They also claimed to have shot down a satellite, no one has proven that this is also a lie. Lie or truth, in the long term everything would be right or alright.
It takes geniuses to invest in junks and hoping to turn them into gold. It requires exceptional talent and foresight. This is better than venture capital investment where they hope to make one good killing after hundreds of failures. The principle of investing in junks or failed companies is the same.
The advantage of investing in junk stocks over venture capitalists is that one is investing in a failed company that was once successful. The other invested in companies that are just starting from scratch and has yet to see success. Sure one would be lucky after a few hundred misses and the one good junk stock could earn back all the monies lost. So do not worry about the hundreds of millions lost or billions lost in failed investments. In the long run, all the losses would be recouped with a few successes in junk stocks.
This is just my view, please feel free to disagree.
Airtel said that the rights issue was initiated to “further strengthen our balance sheet with desired financial flexibility so as to meet future opportunities, particularly in the rapidly transforming Indian mobile market.””....
Just last week, Moody’s has lowered the credit rating of Bharti to “junk” grade Baa3 as it has concerns over weak cash flows over the next few quarters.
In the same article, Moody’s forsees that this would increase Airtel’s cost of borrowing by 30 to 50 basis points.
As at 31 Dec 2018, Airtel’s net debt stood at more than $15 against a Market Value of around $17.5 billion.
Would you invest in debt-heavy Airtel?
Above is TRE Editorial article.
Over a longer time frame of 25 years, the Indian rupee and Indonesian rupiah have fallen against S$ by 62% and 87% respectively. Philip Ang
People reading the above would have the impression that this kind of investment in junk status companies is bad. No need to think further. Why would anyone throw good money after bad money? This is the view of the common laymen, taking things superficially. This investment made good sense, just like buying all the junk American and western banks during the world financial crisis. It is a rare opportunity to be able to buy once good companies at junk prices.
Think long term, in the long run or long term, junk companies would turn from ashes to gold. The rupee too in the long term would turn up as India is the next super power. They claimed they had shot down a Pakistani fighter aircraft, which the Pakistani have proven to be a lie. They also claimed to have shot down a satellite, no one has proven that this is also a lie. Lie or truth, in the long term everything would be right or alright.
It takes geniuses to invest in junks and hoping to turn them into gold. It requires exceptional talent and foresight. This is better than venture capital investment where they hope to make one good killing after hundreds of failures. The principle of investing in junks or failed companies is the same.
The advantage of investing in junk stocks over venture capitalists is that one is investing in a failed company that was once successful. The other invested in companies that are just starting from scratch and has yet to see success. Sure one would be lucky after a few hundred misses and the one good junk stock could earn back all the monies lost. So do not worry about the hundreds of millions lost or billions lost in failed investments. In the long run, all the losses would be recouped with a few successes in junk stocks.
This is just my view, please feel free to disagree.
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