Saturday, October 22, 2022

Hyflux could have been saved

 Hyflux went bankrupt in 2019. 34,000 small investors lost nearly $1 billion in investing in their preference shares and perpetual bonds.


I gave many reasons in 2019 why Hyflux should be saved. They are stated in these articles:
https://tklcloud.com/Feedback/latest.aspx?idorg=294

If Hyflux was saved in 2019, they would have been a very profitable company today. Singapore would have retained a prized asset - a home grown company that is a world leader in water desalination.

34,000 small investors would have not lost their savings.

This episode is a sad reflection of the poor state of leadership by our ministers in charge.

Wisdom of the Crowd - New Issues


1. Should a past president be given immunity against past crimes?
2. What should be done about the overcrowding of hospital beds?

Vote in
https://tklcloud.com/Crowd2/vote.aspx

WOTC - President of Singapore

 Wisdom of the Crowd: 75% of the respondents said that Lee HY has a good chance to win if he stands for election as president of Singapore.


https://tklcloud.com/Crowd2/chart3.aspx?id=2719

Friday, October 21, 2022

WOTC - Neighbors

 Wisdom of the Crowd: 80% of the respondents said that it is useful to know the neighbors and build contacts with people who live nearby.


https://tklcloud.com/Crowd2/chart3.aspx?id=2717

WOTC - President of Singapore

 Wisdom of the Crowd: 86% of the respondents said that Lee HY is not likely to stand for election as President of Singapore.


https://tklcloud.com/Crowd2/chart3.aspx?id=2718

Thursday, October 20, 2022

Wisdom of the Crowd - New Issues

 

1. Do we need detailed checking at land checkpoints?
2. Is the governance of China better than "democratic countries"?

Vote in
https://tklcloud.com/Crowd2/vote.aspx

Boost the birth rate in Singapore

 This is my proposal to provide $1,100 a month to the mother for each child up to 6 yo. This is an incentive to boost the birth rate in Singapore.


https://tklcloud.com/Feedback/feedback2.aspx?id=5516

Wednesday, October 19, 2022

Increase birth rate in Singapore

http://www.tklcloud.com/Feedback/feedback2.aspx?id=5515

Wisdom of the Crowd - New Issues


1. Should ICA improve the system to reduce long queue at the checkpoints?
2. Is China being more authoritarian by allowing XJP to be president for life?
3. Is China becoming more aggressive towards other countries?

Vote in
https://tklcloud.com/Crowd2/vote.aspx

WOTC - Know your neighbors

 Wisdom of the Crowd: 69% of the respondents only know their neighbors who live next door. 31% hardly know their neighbors.

https://tklcloud.com/Crowd2/chart3.aspx?id=2716

Tuesday, October 18, 2022

Wisdom of the Crowd - New Issues


1. Who will form the next government in Malaysia
2. Who will be the next prime minister of UK

Vote in
https://tklcloud.com/Crowd2/vote.aspx

WOTC - Peaceful demonstration

Wisdom of the Crowd: 78 % of the respondents said that people should be allowed to demonstrate (without a police permit), as long as it is peaceful and involve less than 50 people.

https://tklcloud.com/Crowd2/chart3.aspx?id=2715

Review of Baidu (9888.HK)

 Here is my review of my holding in Baidu (9888.HK). So far, it is showing a big loss.

https://fisca.sg/ArticleDisplay.aspx?ID=1244

Monday, October 17, 2022

WOTC - Display a placard

 Wisdom of the Crowd: 95% of the respondents said that people should be allowed to display a placard to advocate change so long as it does not cause public disorder or hurt the sensitivity of other people.

https://tklcloud.com/Crowd2/chart3.aspx?id=2714

Sunday, October 16, 2022

Covid zero policy

 My friend explained that China adopts a practical approach to its covid zero policy and minimize the disruption to the economy.

https://tklcloud.com/Feedback/feedback2.aspx?id=5514

WOTC - War in Ukraine

 Wisdom of the Crowd: 93% of the respondents said that Russia is not losing the way in Ukraine; it is making a tactical retreat to consolidate their forces and wait for reinforcement.

https://tklcloud.com/Crowd2/chart3.aspx?id=2712

WOTC - Use of nuclear weapons

 Wisdom of the Crowd: 69% of the respondents said that Russia will use nuclear weapons if it loses the war in Ukraine.

https://tklcloud.com/Crowd2/chart3.aspx?id=2713

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