Temasek’s portfolio likely to experience wipeout in next financial crisis
Two months ago, Temasek reported a one year shareholder return of 19.2% for FY 2015. Its portfolio value (PV) increased by $43 billion to $266 billion and as usual, Temasek reported an unbelievable 16% compounded return since 1974. On closer scrutiny, most of the $43 billion increase came from its 10 largest listed investments...
MRT disruption rate 3 times Hong Kong’s?
I refer to the article “Khaw explains reasons for taking on transport role” (Today, Sep 29). Hong Kong had 12 disruptions last year It states that “the public has to be realistic about the MRT system. Even for Hong Kong, which has been touted as having the best rail operator, there were 12 major disruptions last year”. When...
Lies, Damned Lies and Statistics
So the haze is upon us and while everyone is caught up scurrying indoors to avoid the smog, another deadlier smog dawned upon us. It's a state-orchaestrated smog known as 3H-PSI. A little background then - here's the recorded 3H-PSI on Thursday, 24th September from 4pm-11pm as released by NEA: 4pm - 232 5pm - 262 6pm - 292 (382) 7pm...
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