Saturday, March 27, 2021

WOTC - Distribution of masks by Temasek

Wisdom of the Crowd: 65% of the respondents are positive towards the distribution of masks by Temasek Holdings.

Wasteful to send government mail in 4 languages

It is wasteful for the government to send physical mail in four languages to everyone.

Thursday, March 25, 2021

Wisdom of the Crowd - New Issues

1. What are your views about GKY and LW in managing the pandemic? Vote in

Treatment of Uighurs by China

Here's an article about Uighurs which is very different from what you have been reading in other media sources. A friend of mine living in Canada has given this to me, based on his personal studies and experience.

A smarter way to get a replacement card - don't do online

 I share this experience of a smarter way to get a replacement card. The Smart Nation project is a disaster!

WOTC - Posting investing experience

 Wisdom of the Crowd: 86% of the respondents said that posts on investment experience is useful to educate the public.

Wednesday, March 24, 2021

WOTC - Digital currency issued by government

 Wisdom of the Crowd: 83% of the respondents do not have any concern about using a digital currency issued by the government.

Western media reports about Xinjiang

The western media reports said that China is practicing genocide in China and also putting the indigenous Uighur population in concentration camps.

China has rebutted these allegations as lies and fabrications.

Instead, it has produced videos and statistics to show that the indigenous population had grown and the living standards have improved remarkably over the past decades.

Which side is true?

Wisdom of the Crowd - New Issues

1. Should Singapore approve the use of the China vaccines?

Vote in

Singapore's approval of China's vaccine

This Washington Post article described the approach taken by the Singapore authority towards the China vaccines. I think that the WP is trying to instigate trouble between Singapore and China.

Tuesday, March 23, 2021

Wisdom of the Crowd - New Issues

1. Is China bullying smaller countries in the region?
2. Is China abusing the human rights of Uighurs in Xinjiang?

Vote in

WOTC - Ministers comment on Myanmar

 Wisdom of the Crowd: 62% of the respondents said that our ministers should not comment on the situation in Myanmar.

Offer of $4.10 for Capitaland stock

 I give my views about the offer of $4.10 for Capitaland shares. It represents an appreciation of 23% over the last traded price of $3.31.

Hehehe. I hold 70,000 shares in my cash and SRS accounts. I bought this stock because it was under-valued. The offer reflects a fairer value for this stock.

Monday, March 22, 2021

My investment in China Suntien (0956.HK)

 I bought 180,000 shares of China Suntien at average of $2.42 during the past two weeks. The price has gone up 21% to $2.94. My investment had appreciated by $93,600 (SGD 16,000).

China Suntien is a green energy company. It explores for and utilizes new and clean energies in Mainland China. The company operates in two segments, Natural Gas, and Wind Power and Solar Energy.

I chose this company because the share was traded in HK exchange at a discount of 77% from the price in Shanghai.

At this attractive discount, the price earning ratio is 7.27 times and the dividend yield is 5.15%. If I do not enjoy this discount, the financial figures is not attractive.

There is an excellent opportunity to buy shares at a big discount. I adopt this strategy for my stock investment.

WOTC: Governor of Texas relax covid measurs

 Wisdom of the Crowd: 60% of the respondents disagree with the decision of the governor of Texas to relax the covid measures.

Allow retired ministers to sit in policy making bodies

The two senior negotiators in the China delegation to the Alaska meeting with the US were Yang Jiechi and Wang Yi (the current foreign minister).

I checked the background of Yang Yiechi. I was surprised to learn that he is more senior than Wang Yi. Indeed, YJ was the foreign minister of China from 2007 to 2013.

I was amazed that he did not retire from public life after completing his term as foreign minister. He remained in the policy making body of the Chinese Communist Party and was in charge of foreign affairs. WY reports to him.

This is how China retained the experience of their senior ministers, even as they stepped aside for younger ministers to take over their role.

The depth of the expertise and experience of the government leaders in China is remarkable. It accounts for their impressive performance in Alaska.

I hope that Singapore can learn from this lesson and keep our retired ministers in useful roles in the government.

Timing at pedestrian crossing

I pressed the button at the pedestrian crossing for the green man to appear.

On many occasions, the green man did not appear within 1 minute. I crossed the road when I saw that the traffic was light.

After a while, I decided to ignore the green man at pedestrian crossing where the green man took too long to appear.

One day, I will be caught for not observing the traffic regulation on the use of pedestrian crossing. I will go to court to give my reason. I expect to lose the case and to pay the fine for the traffic offense.

I will gladly pay the fine.

I wanted to put forward the point that the people in charge should be considerate when they exercise the authority given to them.

At the pedestrian crossing, I expect the green man to appear within 1 minute. A more appropriate time is 30 second. The only exception is when the traffic is unusually heavy.

If the green man does not appear in a minute, how much longer must I wait? What if the traffic light failed? Should I wait the whole day?

I call on the Land Transport Authority to reset the timing in all the pedestrian crossing for the green man to appear within 1 minute, or even more quickly if the traffic is light.

Be considerate to the pedestrians.

Sunday, March 21, 2021

WOTC - Statement by foreign minister about approval of vaccine

 Wisdom of the Crowd: 83% of the respondents support the statement by the foreign minister about taking an independent stand on approval of the vaccine.

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