I invested $475,000 SGD in 3 China tech stocks, namely Alibaba, Baidu and SMIC. They show a loss of 22.2% or $105.000.
E-mail: kinlian@gmail.com. Website: www.tankinlian.com Facebook: www.facebook.com/kinlian
Saturday, June 18, 2022
Get higher occupancy for buses
I often see buses passing a stop with 20% occupancy or less. This is wasteful and costly.
How can we achieve better occupancy without overcrowding?
https://tklcloud.com/Feedback/feedback2.aspx?id=5458
Friday, June 17, 2022
My investment in New Oriental Education
I was quite lucky. I could have lost $128,000 SGD in New Oriental Education if I sold off at the worst point.
I held on to the stock and sold all of the stock at a higher price and realized a gain of $59,000.
https://fisca.sg/ArticleDisplay.aspx?ID=1223
Excellent customer service from Air SIM
I congratulate AIR SIM for their excellent customer service. It is among the best that I had encountered.
https://tklcloud.com/Feedback/feedback2.aspx?id=5457
WOTC - Which party will you vote
Wisdom of the Crowd: 89% of the respondents said that they will vote for more opposition MPs at the next general election.
https://tklcloud.com/Crowd2/chart3.aspx?id=2626
Thursday, June 16, 2022
WOTC - Price controls on essential commodities
Wisdom of the Crowd: 55% of the respondents said that the government should implement supply or price controls on essential commodities for an extended period to combat inflation.
https://tklcloud.com/Crowd2/chart3.aspx?id=2625Provide an alternative 2FA
Organizations that require 2FA should provide an alternative 2FA in case the user loses the mobile phone.
https://tklcloud.com/Feedback/feedback2.aspx?id=5455Risk of cyber security
I share this message with cyber security experts. Consider the risks that your protocols impose on the ordinary users.
https://tklcloud.com/Feedback/feedback2.aspx?id=5454Wednesday, June 15, 2022
WOTC - How to help elderly people financially
Wisdom of the Crowd: 68% of the respondents said that we should allow an elderly person to have suitable work (e.g. 4 hours a day) that is not strenuous and pay a modest wage.
https://tklcloud.com/Crowd2/chart3.aspx?id=2624My investment in New Oriental Education
I have good experience on my investment in New Oriental Education (EDU, 9901.HK). My loss of 50% has turned into a gain of 10% over the past three months.
https://fisca.sg/ArticleDisplay.aspx?ID=1221&Name=My-investment-in-New-Oriental-Education&View=ABad telephone service from large organizations
Many large organizations in Singapore have bad telephone service. The customer takes a long time (sometimes up to 30 minutes) for a call to be answered.
https://tklcloud.com/Feedback/feedback2.aspx?id=5453
Tuesday, June 14, 2022
WOTC - Give every person a suitable job
Wisdom of the Crowd: 71% of the respondents prefer an economic strategy that goes every person a suitable job that pays an adequate wage.
https://tklcloud.com/Crowd2/chart3.aspx?id=2623Stay invested in a bear market
When the stock market drops sharply, do not sell your stocks (if you have invested in cash and are not on margin). The stock prices are undervalued. They will rebound when the squeezed investors have sold their stocks.
Here is an explanation that I gave a few weeks ago.I have invested in cash, so I do not sell at the depressed prices.
Instead, I have some spare cash that I will invest in this bear market. But I will choose the stocks that are undervalued.
I will not choose the US stocks that have PE ratios above 20 times.
https://fisca.sg/ArticleDisplay.aspx?ID=1210
Monday, June 13, 2022
Bad experience with an employee who WFH
I share an example of a bad experience with an employee who Work From Home.
Work from home - install a CCTV
In this post, I explain why it is essential to have a CCTV to monitor a staffer working from home. If the staffer does not agree to this arrangement, it is likely that the boss will insist that the staffer work in the office.
There will be exceptions. But the exceptions will be few. My remark applies to the majority of workers.
Wisdom of the Crowd - New Issues
Wisdom of the Crowd - New Issues
1. How can the manager monitor the performance of a staffer who work from home?
Vote in
Sunday, June 12, 2022
Wisdom of the Crowd - New Issues
Vote in
https://tklcloud.com/Crowd2/vote.aspx
WOTC - Return to work in the office
Wisdom of the Crowd: 50% of the respondents said that it is necessary to get workers to return to the office to ensure productivity and discipline. The other 50% considered Elon Musk to be old fashioned.