Thursday, September 16, 2021

Covid deaths during past 7 days

The deaths during the past 7 days per million of population is exceptionally high for Malaysia (at 87).

It is surprising low for India (2), Indonesia (7) and Sweden (1).

WOTC - Cannot continue lockdown

 Wisdom of the Crowd: 76% of the respondents said that we cannot afford to continue lockdown until the virus is completely eliminated.

My investment in Lippo Mall Indonesia Retail Trust (D51U.SI)

 I suffered a big loss of 60% on my investment in Lippo Mall Indonesia Retail Trust.

Here is an update.

Wednesday, September 15, 2021

Wisdom of the Crowd - New Issues

 1. Was it proper for the Progress Singapore Party to bring up the CECA motion in Parliament?

2. Did the Government respond fairly to the CECA motion raised by the PSP NCMPs?

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WOTC - Deaths from covid

 Wisdom of the Crowd: 70% of the respondents are not worried if the deaths from covid reach 30 a month.

Property stocks in China

 The property stocks in China dropped sharply in recent months, due to the problem faced by Evergrande.

Are there any attractive property stocks to buy for the eventual recovery?

Tuesday, September 14, 2021

Wisdom of the Crowd - New Issues

1. Close of markets with transmission of covid virus
2. Quarantine residents of HDB blocks with many infection cases
3. The MTF is dealing with the latest surge of infections well

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WOTC - Surge in covid infections in August 2021

 Wisdom of the Crowd: 66% of the respondents are not worried about the surge in covid infections in August.

Bitcoin trade on 13 September 2021

 Many people believe that the price of bitcoin is manipulated by big traders.

Monday, September 13, 2021

Most infections are mild

 5,385 people were tested positive for covid during the past 28 days. This is an average of 192 cases a day.

Many people were worried that the infection is getting out of control.

According to this table, 98.3% are mild. They are treated in the community care facility or general ward and are discharged after a few days, after being cleared from the virus.

94 patients progressed to severe illness (about 3 a day) that require oxygen or intensive care (ICU).

4 died. Most of these cases were people who have underlying medical condition, most of which are already severe. The covid accelerated their deaths. The other 6 in ICU may recover or some may die.

The death rate is extremely low. While our doctors do what they can to save the patients, there are situations where nothing can be done for patients who were already quite sick prior to contracting covid.

We can expect the number of deaths to rise over the next month, but the number will still remain quite low. Most of these cases are for people who were already suffering from severe medical conditions.

For the majority of the patients that contracted the virus and recovered, they would have achieved natural immunity. It would protect them against a future infection.

The government took the action to quarantine the residents of an entire HDB block or close a market for a few days when a few cases of infections were detected. This cause severe disruption to the business and livelihood of the people who were affected.

I find these actions to be excessive and an over-reaction to the risk.
I hope that these restrictions should be avoided.

I hope that we focus on the people who are sick and need to be hospitalized. This represents a small proportion of the infected people.

Wisdom of the Crowd - New Issues

1. Joe Biden speaks to Xi Jinping for both countries to cooperate.
2. Will China's economy perform well in the near future?

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WOTC - Closure of Yale NUS program

 Wisdom of the Crowd: 84% of the respondents have a negative view about the decision to close down the Yale NUS program.

Sunday, September 12, 2021

WOTC - Send 500,000 does to Australia

 Wisdom of the Crowd: 81% of the respondents support the decision to send 500,000 doses of vaccine to Australia. They will be returned at end of year.

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