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The politics thread :)
- Thread starter wuqi256
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Re: Malaysia Forum 2013
That day read Zaobao talking about big expansion of water supply for bigger population and that there'll be enough water, just wondering if they fail in their projection (again) and there is not enough water afterall, what'll the govt do then?
Will they shrug it off like they did saying lack of 20/20 foresight, maybe with a few drops of tears and a word of sorry? But no water is no joke leh. Not enough space on MRT can ask people to take train during off peak hours, no water can do what? Ask people to bathe twice a week, or no need to drink or what?!
That day read Zaobao talking about big expansion of water supply for bigger population and that there'll be enough water, just wondering if they fail in their projection (again) and there is not enough water afterall, what'll the govt do then?
Will they shrug it off like they did saying lack of 20/20 foresight, maybe with a few drops of tears and a word of sorry? But no water is no joke leh. Not enough space on MRT can ask people to take train during off peak hours, no water can do what? Ask people to bathe twice a week, or no need to drink or what?!
Re: Malaysia Forum 2013
Maybe the pigs trying to stand on 2 legs will have water.. Other hardworking animals still on 4 will have to drink his own water...
Maybe the pigs trying to stand on 2 legs will have water.. Other hardworking animals still on 4 will have to drink his own water...
Re: Malaysia Forum 2013
Singapore did a very stupid move by not renewing the water agreements. Water from sea or our own pee will be very expensive to reclaim from in future, given the very high energy and labour costs. On the other hand, JB needs to also meet its own water demand so it is smart enough not to pursue renewing the water agreements. I think costs will go up a lot for the manufacturing industries in Singapore.
Singapore did a very stupid move by not renewing the water agreements. Water from sea or our own pee will be very expensive to reclaim from in future, given the very high energy and labour costs. On the other hand, JB needs to also meet its own water demand so it is smart enough not to pursue renewing the water agreements. I think costs will go up a lot for the manufacturing industries in Singapore.
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Re: Malaysia Forum 2013
Cham, hopefully by then still can go JB to drink water..maybe too old and no energy to take bus across..
Cham, hopefully by then still can go JB to drink water..maybe too old and no energy to take bus across..
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Re: Malaysia Forum 2013
Wonder is it JB don't sell or is it SG don't buy the water? Maybe they don't want to sell too..
Wonder is it JB don't sell or is it SG don't buy the water? Maybe they don't want to sell too..
Re: Malaysia Forum 2013
Will this water reason provide necessary bullets for some financial institution to sell/talk down SINGAPORE property one day?
Will this water reason provide necessary bullets for some financial institution to sell/talk down SINGAPORE property one day?
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Re: Malaysia Forum 2013
Talk abt our educational system. Pity those children who are affected by their ever changing educational system/structure. Haiz....
Talk abt our educational system. Pity those children who are affected by their ever changing educational system/structure. Haiz....
Re: Malaysia Forum 2013
I think its pride! Are we not paying premium with NEWater? Y cant our garment pay abit more to JB? And still get natural water? Tis the best time to renegotiate while ties with our neighbour extremely warm.
Following link for better understanding.
http://thestar.com.my/archives/2003/7/21/nation/waterbooklet3.pdf
I think its pride! Are we not paying premium with NEWater? Y cant our garment pay abit more to JB? And still get natural water? Tis the best time to renegotiate while ties with our neighbour extremely warm.
Following link for better understanding.
http://thestar.com.my/archives/2003/7/21/nation/waterbooklet3.pdf
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Re: Malaysia Forum 2013
JB would want to sell but SG wanted it at very cheap price. Going forward water (and energy) will be a very precious resource for social and economic progress.
JB would want to sell but SG wanted it at very cheap price. Going forward water (and energy) will be a very precious resource for social and economic progress.
Re: Malaysia Forum 2013
Very clever in squeezing poor neighbouring countries and own citizens but super generous to rich western countries. Maybe one day, our tap water will start smelling and taste like pee, people will start leaving S'pore and head up here in Johor. So many cock ups in recent years, you never know.
Very clever in squeezing poor neighbouring countries and own citizens but super generous to rich western countries. Maybe one day, our tap water will start smelling and taste like pee, people will start leaving S'pore and head up here in Johor. So many cock ups in recent years, you never know.
Re: Living in JB 3 (Johore)
our gahmen very good in losing our money .
http://asiancorrespondent.com/104218/singapores-government-lost-us600-million-what-now/
our gahmen very good in losing our money .
http://asiancorrespondent.com/104218/singapores-government-lost-us600-million-what-now/
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Re: Malaysia Forum 2013
Thanks for the link,interesting to know the history. The asking price is quite expensive leh, in page 6 -> Rm6.25 per 1000 gallons compared to NEWater Rm7.50 and desalinated water Rm7.65. I thought raw water should be much more cheaper than desalinated water, some more back then in 2002.
No wonder hard to swallow the 200x price increase then, but then compared against the tens of billions lost in investments since then, it is better to pay expensive for water than drinking shit water, they should even spend some billions to add vitamins into the water.
Thanks for the link,interesting to know the history. The asking price is quite expensive leh, in page 6 -> Rm6.25 per 1000 gallons compared to NEWater Rm7.50 and desalinated water Rm7.65. I thought raw water should be much more cheaper than desalinated water, some more back then in 2002.
No wonder hard to swallow the 200x price increase then, but then compared against the tens of billions lost in investments since then, it is better to pay expensive for water than drinking shit water, they should even spend some billions to add vitamins into the water.
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Re: Malaysia Forum 2013
They are only good in squeezing and earning good money from citizens, go outside only lose money..I see the Msia EPF buy and sell listed shares, buy overseas properties...why can't they just do the same but must invest in this and that companies that will soon bankrupt or lose money?!
They are only good in squeezing and earning good money from citizens, go outside only lose money..I see the Msia EPF buy and sell listed shares, buy overseas properties...why can't they just do the same but must invest in this and that companies that will soon bankrupt or lose money?!
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Re: Living in JB 3 (Johore)
Wow, this must be world record in speed of losing money 46 x 2 = 92 billions over eight months..USD some more..
"In 2008, Temasek Holdings – the country’s other sovereign wealth fund – admitted to losing over US$46 billion in just eight months, from March to November. GIC is expected to have lost at least the same amount."
Wow, this must be world record in speed of losing money 46 x 2 = 92 billions over eight months..USD some more..
"In 2008, Temasek Holdings – the country’s other sovereign wealth fund – admitted to losing over US$46 billion in just eight months, from March to November. GIC is expected to have lost at least the same amount."
Re: Malaysia Forum 2013
Actually very suspicious, when the western financial meltdown has only barely began in late 2007, our 2 very helpful and friendly SWFs started pumping billions and billions of $ to bail them out when being approached for help. They have their own monies parked in these banks? Own poor citizens asked them for little help, they ask whether you want to eat at hawker centres, foodcourts or restaurants ! Really bey tahan !!!
Actually very suspicious, when the western financial meltdown has only barely began in late 2007, our 2 very helpful and friendly SWFs started pumping billions and billions of $ to bail them out when being approached for help. They have their own monies parked in these banks? Own poor citizens asked them for little help, they ask whether you want to eat at hawker centres, foodcourts or restaurants ! Really bey tahan !!!
Re: Malaysia Forum 2013
Applying inflation to energy, labour and land cost, and some negotiation to lower raw water price, JB water should be quite attractive compared to reclaimed water. Moreover it is more healthy also.
Applying inflation to energy, labour and land cost, and some negotiation to lower raw water price, JB water should be quite attractive compared to reclaimed water. Moreover it is more healthy also.
Re: Malaysia Forum 2013
SMRT issues profit warning: Q4 will be in the red
Lost $ in China... Only make $ in Singapore due to monopoly and billions of $ of injection of tax payers' money. The way Singapore is run in recent years is quite nonsensical. It could have fought with Iskandar by controlling the RIETS and speculators of industrial and commercial properties instead of getting SMEs to shift there.
http://www.straitstimes.com/breakin...es-profit-warning-q4-will-be-the-red-20130328
SMRT issues profit warning: Q4 will be in the red
Lost $ in China... Only make $ in Singapore due to monopoly and billions of $ of injection of tax payers' money. The way Singapore is run in recent years is quite nonsensical. It could have fought with Iskandar by controlling the RIETS and speculators of industrial and commercial properties instead of getting SMEs to shift there.
http://www.straitstimes.com/breakin...es-profit-warning-q4-will-be-the-red-20130328
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Re: Malaysia Forum 2013
The good days of REIT investments may be coming to an end soon. But as long as cheap funds continue to be available and the investment regulation does not change, SMEs will need to pay more and the buy/sell of heavily inflated priced commercial properties will continue.
As for SMRT, if not for the fact that it is a GLCs and may be easily propped up by Government funds, this counter should have been shorted all the way down. I would not touch this counter until I see $1.20.
The good days of REIT investments may be coming to an end soon. But as long as cheap funds continue to be available and the investment regulation does not change, SMEs will need to pay more and the buy/sell of heavily inflated priced commercial properties will continue.
As for SMRT, if not for the fact that it is a GLCs and may be easily propped up by Government funds, this counter should have been shorted all the way down. I would not touch this counter until I see $1.20.
Re: Malaysia Forum 2013
SMRT is ridiculous. The loss is mainly due impairment charge on overseas investment. What's their 17m impairment charge on overseas investment got to do with fare adjustment? The bottom line is that SMRT invested poorly in overseas venture, overpay its top mgt, and screw up operationally. Fix the operations 1st, then talk abt fare adjustment please!
SMRT is ridiculous. The loss is mainly due impairment charge on overseas investment. What's their 17m impairment charge on overseas investment got to do with fare adjustment? The bottom line is that SMRT invested poorly in overseas venture, overpay its top mgt, and screw up operationally. Fix the operations 1st, then talk abt fare adjustment please!
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