I am so sorry, I did not expect to get such a strong and passionate response from you all I don't normally cover such a topic, this will be my last video of such as my passion is in investing not politics thanks all for the feedback, I will go back to analyzing companies and stock market.. finding great companies that are undervalued to share, the art of value investing wish everyone merry xmas and happy new year hope 2025 green dragon lets go!
no lah... this kind of topic ok one... once a while say things in your mind and reflect a little... so that next time when the market nothing to talk about can reflect again lor. critical thinking is sorely lacking that is why i myself made that video about "question everything"
are you talking about the current Singapore government ? be clear and not imply others , are you working for China government to bring harm to Singapore ?
Dol, you don't know China is Singapore friendly meh? You're tarnishing China's image. Are you a foreign agent or one of the so-called UNPRIVILEGED ONES in Singapore?
strongly agreed, government should give priority to singapore citizens and we as citizens should enjoyed all the benefits, not FT. I belive many FT would be angry and scold me, so be it.
omg, the part you said about PR buying resale houses competing with locals, hit the nail. but PAP dont give a shit. Also alot of constraint on the income ceilings impose on locals to even buy new flats.
Born-losers are only good at whining their personal failures and blaming others for their own miseries...can PR buy BTO subsidized homes??? Are you stupid or simply just good at stirring shit?
If I am not wrong, some of these foreign talent can apply for SPR after just working for half year here. In some other countries, the qualifying period for PR application take up to a couple of years. I strongly think that our govt should set a minimum of 3 to 4 years before they are allow to apply for PR. So they won't be easily to compete with Sg citizens on resale or BTO flats so quickly that jack up the prices of Hdb flats.
@@leeshsteph Correction. These PRs must have 2 years (both parties) before can buy a resale. Nothing short of it and even with a Sporean child must also wait for 2 years.
No need to talk so many, and dont just complait, singapore "olang," its about time to stand up and vote for the opposition in the coming election or else, last time colonized by british, future colonized by foreigners working in s'pore even worst from a loyal citizen become 3rd class citizen in own country. The choice is yours to make.
Tbh, for what I know those people surrounding, mostly they go for private house and mostly go for private childcare centre rather than downstairs HDB. how to compete BTO with u? I maybe wrong, please get the data.
Well said! You had done us a great favour. Thank you very much and hopefully, after this we are awaken and became wiser in our decision to whom we shall vote in the next election.
Then where should the retired Generals be assigned to? They still need to be paid their million dollar salary package leh. Very few large private enterprises (non gov) both local and foreign would want them given that they have no relevant experience, however I would love to be proven wrong if anyone one of these 3 stars ever gets hired by companies in the Fortune 500 to be their CEO or C level appointments. The former SPH CEO looks more like the 三师兄 from 西游记 than a General from the military and his most relevant experience would be ‘TAKING UMBRAGE’ when shit hits the fan. We will need to put in a rigorous process to screen all candidates for such important roles, regardless of their former background and to be held to tasks when they fail.
Maybe we look at where these generals come from. Most of them are SAF scholars and the government has heavily invested in them, and there aren't enough positions in SAF for these people at the top. There are younger scholars in the pipeline too. So the older ones must 'graduate' somewhere. I think we should consider looking at the number of SAF scholarships awarded each year.
Why do Singaporeans or Govt. owe these generals a living after they retire? No one else gets this golden handshake . Make them diplomats if necessary but not CEOs.
Nobody owe the retired generals a living. They need to carve out their own living or retire happily. There are some SAF / SPF who make preparation for retirements by taking up courses or skills.
Dunno leh from the comments i got from my video on singpost yesterday i was shock by the comments, didnt know singaporeans got so much anger on 3 star generals 😂😂😂
Thanks for covering such a sensitive topic from an investor point of view. I feel that there is nothing political that you share. You are just sharing on ways to improve the attractiveness of SGX and improve investor sentiment beyond the SG banks. You are also sharing as an investor in SG on how costs are seemingly getting out of hand. I hope that you post more videos on your ideas of a solution to resolve the cost of living crisis you mentioned.
Nothing against PAP, PAP has done well so far in most areas, except it has been wrong in trying to please FT and giving fair treatment to FT, it should give priority to singapore citizens.
Unfairness, Inflation, Immigration these are the 3 key points that I have shared Please feel free to feedback on areas in which you think singapore can improve on Together lets make singapore great again! ***please leave constructive feedback only***
immigration policy really drive singapore no where. In the biomedical space, 25 years ago, we imported foreigners to train locals and today we are still importing foreigner on the pretext that locals need training!??!
Permanent Residents (PRs) do not need to serve National Service (NS), but they come ready-made. If they are not good enough, they cannot obtain PR status. For each citizen, the government has to invest over 20 years of resources to develop them, with no guarantee of success. For some of us here, our fathers or grandfathers also did not serve NS. Does that mean we have a free ride? The important thing is that we served our duty and paid our dues. Our livelihoods here contribute to the country as a whole. I find some of your arguments flawed. You claim that the influx of foreign talent (FT) leads to congestion and competition for limited medical resources, housing, and even space on public transport. However, it is precisely the locals who are unwilling to have children and want to enjoy a higher quality of life that drives the need to import FT. If anything, they are imported to counter the shortfall in local talent. Even without the FT, do you think locals want to or are capable of taking up all those job vacancies? The truth is that the rapid pace of globalization and the need to be competitive against our regional and global rivals set the pace and standard for all of us. Failing to keep up could mean all of us in Singapore miss the boat together while we 'wait' and try to 'leave no one behind,' resulting in everyone getting left behind. For most locals, our immigrant forefathers came here (in the past), outcompeted their peers, and this is where we are today. If we just want a 'good' life served on a silver platter, I am sorry to say that others (stronger and more hungry) will come along and take from us what we take for granted and think to be ours. I do not believe locals cannot keep up or compete with the FT; it is just those populist who cry out the loudest for their own personal agenda.
I remember NOL was one of Singapore crown jewel companies and I was hoping to buy into one day when I started working but… our Mr Paper General, who knows nothing about shipping, ran it to the ground and sold it eventually… what a sad ending 😢
All these fiasco shows that all these "paper tigers" and our garment selection of them onto the business world was a very very wrong move. And yet they still do not realised their mistakes. This is their biggest mistake. Our there they are plenty of experience retirees who can do a better job.
Happiness is subjective. There are people who are doing relatively well but are unhappy because they want more. Some people are unhappy because they can't own a condominium, drive a luxury car, go on expensive holidays like other people. Some are unhappy because they don't get the promotion they think they deserve. Some people are unhappy because they cannot have a 4 day work week or work-life balance. I feel that it's difficult to please everybody
Have you done a thorough research on what led to the sale of nol and how cgm managed to turn it around. If you have done so, you will not put the blame on the ex-general who helmed it.
Sg 6M+ population strained our already very crowded /high density needs for infrastructures, housing, utilities, especially water & electrical supply, and it go against our carbon footprint & green efforts. Govt should cap pollination at 6M.
@MasterLeong888 Sorry, that number suggested by Liu Thai Ker the Chief Architect of MND, is selfish. 6 million population already showing mental strain to the 3.5 million 3rd Gen population, anymore imports will surely develope racial & class issues and chaos will arise.
the HDB officer was telling me that I am gouching the government when I tried to move back near my parebts after having my first kid. yet we have fucking FTs selling off the HDB when the kid is about age to serve and move to western countries and get to keep the fat profits. its been anything but PAP for me since then.
hi, this is the first time I saw your video and heard about you, I really enjoyed it, yr content truly highlights many people's frustrations, thank you 🙏
I also MR already.. the NS issue also angers me alot.. especially when i failed ippt and have to go 20 sessions of RT after work every year last time. I see my malaysian PR fat colleague relax and no need to worry, makes me feel why i am being “punished” for being a singapore citizen
ya man i can totally feel you, master also fail IPPT then i go back RT then young PTI ask us to endure endure... in my heart i thinking you dunno how much we enduring everyday already lol
Precisely, all foreign boys should not get employment visas or PR if they fail IPPT to be fair to ensure overall medical costs remain low, as their excuse for IPPT.
GDP is sum of all goods and services produced. More people means GDP growth is easier to achieve. And GDP growth means PAP can get their bonuses. BUT .. higher GDP does not translate to higher per capita .. which is GDP divided by population .. in a nutshell, Sinkaporeans suffer but the PAP get their bonuses
Not all foreign talents are talented, and lots of local talented Singaporeans work for foreign companies. Wolfgang Baier screwed up Singpost's US investment, causing the share price to drop from $2 to $0.5.
Most are not..fake certificates, fake referrals and just a mouth full of bullshit which surprisingly impresses Singaporean hirers...gov shld come up with extremely stringent immigrant criteria for every one of them even the low skilled onez
Master Leong, hope the 200 new subscribers help you prolong the TH-cam scene above 2025. Jia You master, continue to give us the unbiased perspective of these content.
Not entirely true. It is all about how well u can time the market. Take a look at Singtel. Master said that is going nowhere for the past 20 years. That is true. But u can always buy when it is lower that 2.50 and collect dividends lor.
Good morning Master Leong. I heard many of your sharing of the 5 or 6 tiger generals. Suntec reit is the weakest tiger general. I hold some Suntec reits now. What is your recommendation? I heard u mentioned 1 year ago in your sharing that Suntec is not a buy due to 43% high gearing n others. Do u think I should sell all my Suntec reits at a loss now? Will it crash? My prices I bought was between 1.60 to 1.70. Kindly advice. Have a nice day😊
suntec has been very poor performing but underlying the assets are good, similiar to keppel reit its those grade A office assets in CBD area now short term ppl feel negative because they fear of work from home culture and bank/tech lay offs affecting office assets thus both suntec and keppel reit 30-40% discount to book and 6% dividend yields as such they are undervalued that's why there is an offer to take suntec private at 1.16 its obvious suntec is worth way more than 1.16
@MasterLeong888 Thank u master leong for your precious advice. So, what is your recommendation whether to sell my existing 18,000 units or just collect cd? Will it collapse totally? Why it it inside the 6 tiger generals since u mention no buy 1 year ago? Sorry to bother u.
@@foxcom2812100% agree, however if they are 2nd Gen and children serve NS then they be qualified to buy HDB apartments as for FTs they should be barred except pte developments.
the direction is moving backwards, is moving the other side. so those who stand in center will fall. Luckily i was 50s, already saw the very unfortunate lights. therefore i escape
Master, I joined few months ago. U are getting better each time. Like blue chip stocks, your channel is undervalued. Expect to see the fruits of your labour to the moon! Wishing you a very Merry Christmas 🎉
Leong spoke the real true blue problems of the layman, good work Leong. PM Wong better take note of what Singaporean are really going thru, the election is near!.
These topics touch a raw nerve as it affects all of us and the response shows the general sentiments on the ground. Excellent commentary and the stories of old dinosaurs being run to the ground and through the mud by paper generals were gold. 👍
Good day ML. I feel that the building of the RTS linking Singapore to JB is a big mistake. On paper this may look good but in actual fact Singapore will be like HK when it is ready. Most people will flock to JB and businesses in Singapore will ultimately collapse especially the small enterprises. This is already happening in HK. Residents there are flocking to Shenzhen. For small businesses who are already trying to survive now this will be a final nail to their coffin. In no time when the RTS is operational the same will happen to Singapore. Now even without the RTS Singkies are already flocking there. With the convenient of the RTS, worse is yet to come for Singapore businesses. Good luck to those who think Singapore will prosper when the RTS is ready.
Hi Mr Leong. I want to tell you why I identify with you and become a subscriber. When you say bluechip company, it sounded like bullshit company and both are about right. When you say those ceo million dollar salary, I think of our PAP million dollar salary . It is just so easy to idenify with you.
About Telco During my days, we use MAIL AIRMAIL EXPRESS MAIL CABLE TELEX FAX When ICQ surfaces, I already know, I am not going to use all ABOVE. When email start to take shape, I know that it... Days of all above is going to be drown Coming to local communication: Line phone Coin phone Pager Beep only One line display 2 lines display. Call centre Hand phone - it doesn't change immediately, but those in charge of Telecom, had no clue what were about to hit them. They are too well-fed n intoxicated with Monopolism... Cheers
Master Leong you are right the inflation number is painted look good, I don't think is real figure too, as what we spent on food now all are $5.50-$8.00 per meal. And on PR they are allowed to buy HDB and years gone by the price kept going up they benifit and profitted too.
Our government have not come to the realisation that these mindef retirees (who are relocated to MFA/Singtel/and all other government related corporation) are not cut out for corporate culture and business acuteness after their so many years ranting and only giving orders to the army boys...
We should not generalize all FT as good and all parachuted Civil servants are bad, other than DBS, are there other good FT CEO ? On the other hand the early gen civil servants who headed Keppel. ST, Singtel in the early days like Lee Hsien Yang who internationalized Singtel are real good local talents !
Keyboard warriors only know how to focus on one or two failures and make it like the whole of Singapore is failure. Those successful ones, they will never mention.
How dare you guys be so disrespectful. We Generals got where we are because we are the bestest of the best. Look at our O level results! Our A level results! We are just so good at -talking cork- performing. Why all the companies run by Generals are run to the ground? It's all the fault of the rank-and-file staff la.
do not understand, SPH/Singtel/Singpost/SMRT is really jialat. they almost monopolized the whole market, but really cannot perform. Their CEO also would not take responsibility if the company is performing.
I buyed Singtel to position for future burst in AI agentic inferencing demand that requires low latency and preferential data bandwidths from big budget, paying corporate customers. Finger crossed.
Bro this is the first tine I watch your TH-cam forward to me by my friend. I like your singlish . May I request you make a TH-cam on trading on the difference tradingg platforms such as Mo mo etc ... the pros and cons in one TH-cam for a new bird like me , needs coaching . Then follow with part 2 how to protect our personal data and how to avoid some silly mistakes or how to avoid kena scammed or hackers. Part 3 how to start the trading on the platforms and navigate thru it skillfully. Merry Christmas and Happy New Year 🎊 🎊 🎊 Let us hope your up and coming TH-cam help us to Haut in the year of the dragon... Thanks 🙏
Social Reproduction is a common issue worldwide. When the higher SES gets into government, it's a conflict of interest to expect them to come up with policies to "bridge the gap" and help those at lower SES to achieve social mobility and catch up with themselves. It's just not going to happen.
I had been long been talking about FT. No doubt, we NEED FT but the TOP NOTCHS. Not the ENTRY LOWER and MID LEVEL. The Entry Level should go to our own graduates and ONLY from there they can learn n grow to next level MID LEVEL and so on. Those TOP NOTCH should comes with clauses that he should lead n mentor 5-7 of our local graduates (from the related academic study).. That TOP NOTCH can be granted PR after 5 years or if he is really that good offer him high salary. But he has to perform and that 5 years come in handy n also to allow him to decide to make SG his home. More to discuss - examples paper tigers.
@@iamayoutuberfromearth - I think you are clueless, we are never short of workers. (1) Are U willing to pay? - why others can come all the way to work n still can feed their family back home n build shelter for their love one? - do U know the answer? - let's discuss, here or U msg me. (2) I mentioned earlier, as a result of bringing in FT of all level especially the Entry level n Mid level - do our graduates have the opportunity to be employed n learn ? Without the opportunity into Entry level, how to get to Mid level.. Do U understand now ? Let's us define what is FT - to me, either those with experience n knowledge we don't have. Our UNI are among the top 10 in the world.... So if they are not given the job chance to learn something, so how to get from learning to entry to mid levels ...or even top level. So it is not they don't have the academic qualifications to start from entry level. By now, U should understand what I meant. So either thing is wrong somewhere.... Poor education systems or learning those using subjects? That let to only one thing, salary? So why we are catapult to such a situation? FW are workers to work on jobs is long done with our advancement / Mordenisation. we put / invest our learning into a higher value jobs / enterprising.... E.g. Entry level... FT - to me are those top NOTCH. Make them knowledge transfer or at least, mentor 5-7 local graduates to learn / exposure etc..
We always told everybody Army always cockup. You still use their Generals to run big campanies. 3 stars Generals don’t need to be productive, we hardly meet them up. We are very happy, don’t talk like that Le.
Gov giving out CDC voucher is a big mistake and this will continue to raise food prices. To me, CDC voucher is like drug. Gov keep feeding us drug so that we will depend them for more.
True. All subsidies lead to inflation but they r not giving you, just using you to support its own industry, giving rooms to raise prices… give once but prices once hiked will remain until the next subsidy, another hike, etc.
@@MasterLeong888 no hands no legs to work and buy your own chicken? need to depend on govt to give you chicken? if govt bankrupt how to run the country? you so financially smart but how come resort to populism?
Since PRs are already paying more for health, shelter and education relative to true blue Singaporeans, just change the law and force all PRs to compulsory serve and serve longer, irespective of age. Everyone is then happy, ergo can make Singapore more competitive in this new multipolar world. Remember guys, persuit of happiness is as important as staying relevant in this ever competitive world. You really dont want to be left behind when the party starts. Merry Xmas and a happy new year. Hopefully 2025 and beyond will be a prosperous and fruitful for all of us. Cheers!
The high rising HDB prices are benefitting the PR as they can sell when they return to their country. Whereas Singaporean need to stay, they will need to buy another HDB if they sell, so no profit for Singaporeans.
I stopped watching your video when you started saying foreigners are much better as CEO than locals. This quite a sweeping statement you made.There are many capable locals if you haven't notice. Anyone with a little bit of common sense knows that it is crucial and essential for Singapore to groom its local talent pool to take on leadership positions. Have you ever wondered what happens when you have all foreigners leading our local companies and banks? This is a very sensitive topic for discussion and any threads created in forums nowadays will be immediately closed and deleted. So I won't say it here as well but I would believe that you are aware or at least read in local forums what are the common issues and complaints when it comes to having too many foreigners in the senior management. Yes we do know many ex-SAF officers are being parachuted in govt related companies. These ppl were senior officers in the armed force but unfortunately they have very short career lifespan. Retirement age for officers is 50, and for warrant officers or enciks is 55, way passed their most marketable age. With ZERO corporate working experience and past their prime, it would look bad on SAF if any of our ex-colonels and LTC had to drive grab work or do food delivery because they couldn't find employment after retirement so they must be taken care of.. Sharing a story I heard, my friend shared with me his CO was offered an administration manager post in a secondary school after retiring from the force but he turned it down because it was too "low level" for him. He waited and was eventually offered a director post in a govt related tech company thru connections. At their age, many are too rigid and stubborn to learn, adapt and change, instead they bring the SAF culture to the workplace making it a very toxic working environment. Sometimes, to solve an problem, you have to resolve other underlying issues as well.
1 in 2 residents is a foreigner in sinkinpore. The problem is the people cannot sustain this overpaid garbage gvt organically without massive imports of foreigners in all realms to keep the country humming. The million dollar ministerial salary has come home to roost. Spore is so dependent on foreigners that it has lost its sovereignty leading to the dishonorable son's abrupt abdication.
@Jon888321 Must look at the future, not the past. DJI moves are a product of US$ money printing. US stock market are hitting their max upside as US Govt debt had reached US$ 1 trillion in interest payments by 2025. US Govt can't even pay themselves to keep going over the next 3 months. Can invest, meh? China is a far better bet for the future but the US is doing everything to kill China. Remember "Past performance is not indicative of future results".
Govt should not simply privatize govt’s basic needs entities such as hospitals, post office, so as to keep the efficient & low cost to all citizens. The hospitals’ cost on private category patients is just as expensive if not more than private practice but service is not as good. Private sector provide your X-rays, CT scans & other reports free of charge & u need not request for them.
i just hope this doesn't go too viral, i will position myself as a person talking about stocks this just a one off video ba hahahaha 2025 green dragon lets go!
Hi ML. Just watched your video. Just want to talk in the perspective of SPR. Actually im a PR, not a singaporean. I understand it is quite unfair that we nvr serve NS, but get the benefits. However, Getting a PR in SG is not as simple as what u think. I applied 4x, only recently got accepted. Regarding NS, i also dont mind serving NS (Since i applied during my secondary school and poly). However, singapore Gov already made it super difficult to get an SPR. Some of my colleagues been here for more than 10 years, and still havent gotten PR yet. If you see from the population in brief 2024, between June 2023 to June 2024, there are only 6.3k new PRs. In terms of high injection of FT, in order for them to become FT (Assuming EP holder) they will need to have at least 5k income if They didnt have tuition grant. Thts assuming that junior position. S-pass holder, there is a limit of 1 FT, 10 singaporean. So higher income requirement will filter those not high talent FT because companies wont be willing to pay someone with such high income. Regarding the benefits, we have lesser benefits that Singaporean. Higher school fees, higher medical fees, even resale also higher fee. We cannot BTO, which I understand why. Property in SG has been going up, but a lot of PRs that buy property in SG in the end up married, and have singaporean kids. To buy resale, we also need to wait 3 yrs after being a SPR before eligible to buy resale. Please dont bash me. I just want to share in the point of view of SPR.
If not wrong, the foreigners that are non residents constitue to 30% of the total population in Singapore. With foreign residents, this is definitely over 30%. Many of these fts hold high pmet company position, and it is natural for own people to help own people. We also need to touch our heart and ask ourselves are our own local really helping each other, or the otherway round?
What contributed most to rising food prices in Singapore? It is the Govt's two-step increase in GST from 7% to 8% and then from 8% to 9%. Each time the GST increase, establishments and food retailers take the opportunity to increase their prices. The govt's GST offset package is a meaningless one off, make you feel good tactic. Did the govt tell us how much GST revenue increased due to the 2% GST increase? Simple mathematics tell us the increase in 28.5% (2/7 x 100%).
You got your points on track . FT are welcome and nice to have BUT must be regulated, control and professsionally administrated and must and cannot be of equal status as a cictizen. Polyclinic / HDB / MRT and Public Transport fares and COE priceing for a car etc atc ... 🙏🙏🙏
agreed to take in FT, but their benefits n medical care, etc must not incur a single cents of government subsidy, they can't enjoy any local benefits. FT n PR should not allow to buy HDB n must pay extra taxes for causing congestion in MRT and new citizens should not enjoy the benefits immediately , for example, can only buy HDB after 10 years of becoming citizen.
btw, I agree with you most CEOs and senior management for SG blue chips are crap... running a company is not the same as military... company performance includes profit as a key KPI... military has no material KPI in peace time... hence, these 1-3 star generals can "perform" in military... if there is a real war... there are doubts in their capability..
Even XDC over a year now , not represented in USA and Canada.Australia is paid well ,can pay for inflation .WSG give out jobs at $9 per hrs .How to work ..
If you live in a little red dot, you will mainly see what the red dot can provide. Singapore although it has been a per capita success internationally, it does not have the physical resources or market size to scale really big companies unless they expand globally. Your example of SingTel is perfect, how many mobile phones or related products one can sell in Singapore alone, the market is already very saturated, and with mature markets the margins for success is of course limited. Putting a 3 star general to such companies, will just run it to the ground (as you highlighted and is obvious), because top local talent (who has been living and earning their contacts mainly in Singapore) will find it very difficult to expand to much bigger markets (US, China, India, EU etc). Hence we need top FTs to open more international doors, with perhaps a local deputy(s) to understudy and protect the assets of the Singapore based multinational they are running. I am for FTs, Singaporean should not complain as long as they bring some USP or bring market value. But if a FT is doing exactly what a local can do (maybe slightly cheaper) with no specialist, skill, talent or performance factors better than a local, then we need a Singaporean first employment policy. Singapore can actually be a very good country for inception, incubation of innovative start ups due to the proximity of talent with a safe test market to establish new ideas, new product or service prototypes. Singapore needs to build their Global Venture Capital accelerator skillset so that we can take any incubating company to the next international level quickly ie regionally, then globally. EDB is still very useless in this practice, which we could frankly improve.
In 1990, 1) an entry level grad salary was $2,200-$2,500; 2) a 5-room HDB flat in Jurong East purchased directly from HDB was $90K and around $150K(?) for same in “open (because HDB suppressed the valuation and CPF policies were stringent on its use)“ resale market; 3) the cost to own a new 1,300cc Japanese was around $50K - with NO 10-year COE; 4) cost of bus ride from Jurong to Orchard was 70 cents; 5) cost of a bowl of noodles was $1.50-$2/- Life was good.
yes if we rewind 30 years back and put a happiness index i would say its 100% now i would say its much much lower, life back then was much simple and peaceful
@@MasterLeong888 everything goes downhill when politicians pay themselves millions. This increases the cost of civil service (e.g. why the F we need JLB mayors) and in order to continue paying themselves the legs are spreaded wide open for ravaging. Today most of them are in there for the money ; i stand corrected - what are the good policies that came out from the bunch? I can only identify one member who tries to do good
Actually i pity the generals. When biz for GLC is good in the 90s, they were got chance to run the GLCs. But when the golden goose get sick, they are thrown in to turn things ard, which mostly failed. Look at smrt, a cash cow with great cash flow, the generals are brought in after years of poor management by past ceo, and of coz, the generals was unable to turn the company are and need govt bill out. But yes, they are paid millions to learn how to run a company
I am so sorry, I did not expect to get such a strong and passionate response from you all
I don't normally cover such a topic, this will be my last video of such as my passion is in investing not politics
thanks all for the feedback, I will go back to analyzing companies and stock market.. finding great companies that are undervalued to share, the art of value investing
wish everyone merry xmas and happy new year
hope 2025 green dragon lets go!
no lah... this kind of topic ok one... once a while say things in your mind and reflect a little... so that next time when the market nothing to talk about can reflect again lor.
critical thinking is sorely lacking that is why i myself made that video about "question everything"
@@ASingaporeChipmunkdunno leh i see so many comments coming in so fast and furious 😂😂😂 can feel a lot of heated emotions from the comments 😂😂😂
@@ASingaporeChipmunkyeah i saw your video on that very good coverage, we must not listen and follow blindly, important for us to think independently
also to add, i am not affiliate to any party, my video is just 100% my own personal view as a average singaporean cheers
@ Ayah it’s normal.
I also got a feeling got people share to main forums, that’s why the discussions got heated. More people viewing.
HWZ, Reddit etc…
The worms are not only in SingPost but everywhere in the organisation (you know what I mean).
It’s white blood cells overwhelming the red blood cells
are you talking about the current Singapore government ? be clear and not imply others , are you working for China government to bring harm to Singapore ?
Dol, you don't know China is Singapore friendly meh? You're tarnishing China's image. Are you a foreign agent or one of the so-called UNPRIVILEGED ONES in Singapore?
strongly agreed, government should give priority to singapore citizens and we as citizens should enjoyed all the benefits, not FT. I belive many FT would be angry and scold me, so be it.
Master Leong speaks in good and clear Singlish accent... His videos appeal to alot of local people... 😊
I normally talk about stocks one, just that today extend out the discussion from singpost to 3 star generals to singapore haha
Thanks for support ❤❤❤
he talked about bullshit companies in sg lol
omg, the part you said about PR buying resale houses competing with locals, hit the nail. but PAP dont give a shit. Also alot of constraint on the income ceilings impose on locals to even buy new flats.
Born-losers are only good at whining their personal failures and blaming others for their own miseries...can PR buy BTO subsidized homes??? Are you stupid or simply just good at stirring shit?
Master Leong you do make sense in your reasoning esp about foreigners vs locals. Bravo to your courage to speak
If I am not wrong, some of these foreign talent can apply for SPR after just working for half year here. In some other countries, the qualifying period for PR application take up to a couple of years. I strongly think that our govt should set a minimum of 3 to 4 years before they are allow to apply for PR. So they won't be easily to compete with Sg citizens on resale or BTO flats so quickly that jack up the prices of Hdb flats.
To be fair for sgp boys, those applicants should also pass IPPT???
@@leeshsteph should tax them more like trump
@@leeshsteph Correction. These PRs must have 2 years (both parties) before can buy a resale. Nothing short of it and even with a Sporean child must also wait for 2 years.
No need to talk so many, and dont just complait, singapore "olang," its about time to stand up and vote for the opposition in the coming election or else, last time colonized by british, future colonized by foreigners working in s'pore even worst from a loyal citizen become 3rd class citizen in own country. The choice is yours to make.
Tbh, for what I know those people surrounding, mostly they go for private house and mostly go for private childcare centre rather than downstairs HDB. how to compete BTO with u? I maybe wrong, please get the data.
Well said! You had done us a great favour. Thank you very much and hopefully, after this we are awaken and became wiser in our decision to whom we shall vote in the next election.
Then where should the retired Generals be assigned to? They still need to be paid their million dollar salary package leh. Very few large private enterprises (non gov) both local and foreign would want them given that they have no relevant experience, however I would love to be proven wrong if anyone one of these 3 stars ever gets hired by companies in the Fortune 500 to be their CEO or C level appointments. The former SPH CEO looks more like the 三师兄 from 西游记 than a General from the military and his most relevant experience would be ‘TAKING UMBRAGE’ when shit hits the fan. We will need to put in a rigorous process to screen all candidates for such important roles, regardless of their former background and to be held to tasks when they fail.
many new condos going to TOP, they can be head of security....they are not over qualified cos they have never fought real battles.
Maybe we look at where these generals come from. Most of them are SAF scholars and the government has heavily invested in them, and there aren't enough positions in SAF for these people at the top. There are younger scholars in the pipeline too. So the older ones must 'graduate' somewhere. I think we should consider looking at the number of SAF scholarships awarded each year.
Why do Singaporeans or Govt. owe these generals a living after they retire? No one else gets this golden handshake . Make them diplomats if necessary but not CEOs.
Nobody owe the retired generals a living. They need to carve out their own living or retire happily. There are some SAF / SPF who make preparation for retirements by taking up courses or skills.
Singaporeans are angry? Yes. How many percent? We will find out next year. 🤣😂😅
Dunno leh from the comments i got from my video on singpost yesterday i was shock by the comments, didnt know singaporeans got so much anger on 3 star generals 😂😂😂
@@MasterLeong888 " Singaporeans are angry? Yes. How many percent? We will find out next year. " 20% - 30% as usual!!!
Thanks for covering such a sensitive topic from an investor point of view. I feel that there is nothing political that you share. You are just sharing on ways to improve the attractiveness of SGX and improve investor sentiment beyond the SG banks. You are also sharing as an investor in SG on how costs are seemingly getting out of hand. I hope that you post more videos on your ideas of a solution to resolve the cost of living crisis you mentioned.
thanks so much for the support hope singapore can slowly become a better place for all of us and we can be less angry haha
Nothing against PAP, PAP has done well so far in most areas, except it has been wrong in trying to please FT and giving fair treatment to FT, it should give priority to singapore citizens.
Unfairness, Inflation, Immigration these are the 3 key points that I have shared
Please feel free to feedback on areas in which you think singapore can improve on
Together lets make singapore great again!
***please leave constructive feedback only***
Immigration and relentless rise in Cost of Living.
foreigners also fight with singaporeans for good jobs, not just any job
immigration policy really drive singapore no where. In the biomedical space, 25 years ago, we imported foreigners to train locals and today we are still importing foreigner on the pretext that locals need training!??!
Permanent Residents (PRs) do not need to serve National Service (NS), but they come ready-made. If they are not good enough, they cannot obtain PR status. For each citizen, the government has to invest over 20 years of resources to develop them, with no guarantee of success. For some of us here, our fathers or grandfathers also did not serve NS. Does that mean we have a free ride? The important thing is that we served our duty and paid our dues. Our livelihoods here contribute to the country as a whole.
I find some of your arguments flawed. You claim that the influx of foreign talent (FT) leads to congestion and competition for limited medical resources, housing, and even space on public transport. However, it is precisely the locals who are unwilling to have children and want to enjoy a higher quality of life that drives the need to import FT. If anything, they are imported to counter the shortfall in local talent. Even without the FT, do you think locals want to or are capable of taking up all those job vacancies? The truth is that the rapid pace of globalization and the need to be competitive against our regional and global rivals set the pace and standard for all of us. Failing to keep up could mean all of us in Singapore miss the boat together while we 'wait' and try to 'leave no one behind,' resulting in everyone getting left behind.
For most locals, our immigrant forefathers came here (in the past), outcompeted their peers, and this is where we are today. If we just want a 'good' life served on a silver platter, I am sorry to say that others (stronger and more hungry) will come along and take from us what we take for granted and think to be ours. I do not believe locals cannot keep up or compete with the FT; it is just those populist who cry out the loudest for their own personal agenda.
@@Meownekox3Not true, foreigners only fight for yr job, not those reserved for civil servant retirees.
Factors that kill any organisation: nepotism, cronyism, elitism.
I am liking your views. Truly spoken from the heart.
I remember NOL was one of Singapore crown jewel companies and I was hoping to buy into one day when I started working but… our Mr Paper General, who knows nothing about shipping, ran it to the ground and sold it eventually… what a sad ending 😢
NOL was loss making so they sold it away, the buyer turned it around in 2 years and is now super profitable gg 😂😂😂
All these fiasco shows that all these "paper tigers" and our garment selection of them onto the business world was a very very wrong move. And yet they still do not realised their mistakes. This is their biggest mistake. Our there they are plenty of experience retirees who can do a better job.
After sinking NOL, the paper general went on to turn SPH into toilet paper and taught us the word Umbrage 😂😂😂😂
Happiness is subjective. There are people who are doing relatively well but are unhappy because they want more. Some people are unhappy because they can't own a condominium, drive a luxury car, go on expensive holidays like other people. Some are unhappy because they don't get the promotion they think they deserve. Some people are unhappy because they cannot have a 4 day work week or work-life balance. I feel that it's difficult to please everybody
Have you done a thorough research on what led to the sale of nol and how cgm managed to turn it around. If you have done so, you will not put the blame on the ex-general who helmed it.
Sg 6M+ population strained our already very crowded /high density needs for infrastructures, housing, utilities, especially water & electrical supply, and it go against our carbon footprint & green efforts. Govt should cap pollination at 6M.
tiagong can go to 8-10m that's why we should give them some feedback haha
6M? LHL's wife say we need more lah...like 7 to 8M
@MasterLeong888 Sorry, that number suggested by Liu Thai Ker the Chief Architect of MND, is selfish. 6 million population already showing mental strain to the 3.5 million 3rd Gen population, anymore imports will surely develope racial & class issues and chaos will arise.
Well said, foreign talent is the root cause of all inflation in sg👍👍👍
Happy for yr 200 new subscribers. Well deserved.
congrats on the 200 new subs. Merry Christmas Master!
Merry Christmas to you too! Let's all go green dragon this year! 🐉🚀
the HDB officer was telling me that I am gouching the government when I tried to move back near my parebts after having my first kid. yet we have fucking FTs selling off the HDB when the kid is about age to serve and move to western countries and get to keep the fat profits. its been anything but PAP for me since then.
hi, this is the first time I saw your video and heard about you, I really enjoyed it, yr content truly highlights many people's frustrations, thank you 🙏
I also MR already.. the NS issue also angers me alot.. especially when i failed ippt and have to go 20 sessions of RT after work every year last time. I see my malaysian PR fat colleague relax and no need to worry, makes me feel why i am being “punished” for being a singapore citizen
ya man i can totally feel you, master also fail IPPT then i go back RT then young PTI ask us to endure endure... in my heart i thinking you dunno how much we enduring everyday already lol
U have the people who voted for PAP to thank
jobs for FT!!! NS for sinkie!!!!
Precisely, all foreign boys should not get employment visas or PR if they fail IPPT to be fair to ensure overall medical costs remain low, as their excuse for IPPT.
Ownself unfit who to blame?😂 thank govt for free $500 ippt🎉
Most frank and straightforward analysis ever, ML has just upped his own game! 👍
pap ministers focus on gdp numbers becos if good they can tell the pple its time for them to increase their salary...nothing to do with the peasants..
GDP is sum of all goods and services produced. More people means GDP growth is easier to achieve. And GDP growth means PAP can get their bonuses. BUT .. higher GDP does not translate to higher per capita .. which is GDP divided by population .. in a nutshell, Sinkaporeans suffer but the PAP get their bonuses
I like the phrase "running the company to the......ground" haha 😂.
really hahaha they keep running until the company no more hahaha SPH SMRT NOL... all RIP hahahaha
Do you know this is lee hsieen loong idea decades ago . And yet this is where we are.
Would you mind sharing your prediction on SIA and SGX shares moving forward?
SIA i dont like very cyclical in nature
SGX is dinosaur exchange, not easy for them to turn around
i prefer HK exchange
Singapore has too much cronyism going on.... Not enough real accountability.
Unfortunately but true. All those CEOs are kaki lang
Not all foreign talents are talented, and lots of local talented Singaporeans work for foreign companies. Wolfgang Baier screwed up Singpost's US investment, causing the share price to drop from $2 to $0.5.
Most are not..fake certificates, fake referrals and just a mouth full of bullshit which surprisingly impresses Singaporean hirers...gov shld come up with extremely stringent immigrant criteria for every one of them even the low skilled onez
This guy is wake up call for all Singaporean
Many Singaporeans is high educated but are not talented although they insist they are. Companies will not replace very good staff with foreigners.
Going to be 10k... happy for u bro!
+1
Great video, thumbs up! 🎄 Merry Xmas
Thank you! You too!
I had a good laugh when Master said Microsoft CEO is Satay Nutella. :-)
the power of singlish kekekeke
Congratulations on the substantial amount of new subscribers ! Need more people to say the truth and facts.
Awesome well said it’s the same issue over and over again
Master Leong, hope the 200 new subscribers help you prolong the TH-cam scene above 2025. Jia You master, continue to give us the unbiased perspective of these content.
Name me one single company that has a general in charge that actually made it. None. Every one that has a general has failed
Very true, SGX can't make it as many retail investors were suffering heavy lost investing the local listed companies.
Not entirely true. It is all about how well u can time the market. Take a look at Singtel. Master said that is going nowhere for the past 20 years. That is true. But u can always buy when it is lower that 2.50 and collect dividends lor.
Good morning Master Leong. I heard many of your sharing of the 5 or 6 tiger generals. Suntec reit is the weakest tiger general. I hold some Suntec reits now. What is your recommendation? I heard u mentioned 1 year ago in your sharing that Suntec is not a buy due to 43% high gearing n others. Do u think I should sell all my Suntec reits at a loss now? Will it crash? My prices I bought was between 1.60 to 1.70. Kindly advice. Have a nice day😊
suntec has been very poor performing but underlying the assets are good, similiar to keppel reit its those grade A office assets in CBD area
now short term ppl feel negative because they fear of work from home culture and bank/tech lay offs affecting office assets thus
both suntec and keppel reit 30-40% discount to book and 6% dividend yields
as such they are undervalued that's why there is an offer to take suntec private at 1.16
its obvious suntec is worth way more than 1.16
@MasterLeong888
Thank u master leong for your precious advice. So, what is your recommendation whether to sell my existing 18,000 units or just collect cd? Will it collapse totally? Why it it inside the 6 tiger generals since u mention no buy 1 year ago? Sorry to bother u.
@MasterLeong888
Merry Christmas & happy new year 2025 to u too. Good health to u always 😀
We must not allow PR to buy HDB at all. HDB is for common Sporean only. Only 2nd generation PR can get citizenship. Govt must do something
yes. FT n PR should not be allow to buy HDB
@@foxcom2812100% agree, however if they are 2nd Gen and children serve NS then they be qualified to buy HDB apartments as for FTs they should be barred except pte developments.
the direction is moving backwards, is moving the other side. so those who stand in center will fall.
Luckily i was 50s, already saw the very unfortunate lights. therefore i escape
Enjoy your video. Well done Master!
Bro, 200 plus new subscribers? I'm not surprised that they're mostly FT from C. Business Park eh, no?
Master, I joined few months ago. U are getting better each time. Like blue chip stocks, your channel is undervalued. Expect to see the fruits of your labour to the moon! Wishing you a very Merry Christmas 🎉
Thanks for supporting! 2025 Green Dragon lets go! 🚀🚀🚀
Good one! Bro! Like your postings..Truthful!
Leong spoke the real true blue problems of the layman, good work Leong. PM Wong better take note of what Singaporean are really going thru, the election is near!.
Why PM care?
Were you a warrant officer before? You sound like my Encik and its so nice to hear you talk haha
I am Master Sergeant Leong !!! lol
These topics touch a raw nerve as it affects all of us and the response shows the general sentiments on the ground. Excellent commentary and the stories of old dinosaurs being run to the ground and through the mud by paper generals were gold. 👍
Good day ML. I feel that the building of the RTS linking Singapore to JB is a big mistake. On paper this may look good but in actual fact Singapore will be like HK when it is ready. Most people will flock to JB and businesses in Singapore will ultimately collapse especially the small enterprises. This is already happening in HK. Residents there are flocking to Shenzhen. For small businesses who are already trying to survive now this will be a final nail to their coffin. In no time when the RTS is operational the same will happen to Singapore. Now even without the RTS Singkies are already flocking there. With the convenient of the RTS, worse is yet to come for Singapore businesses. Good luck to those who think Singapore will prosper when the RTS is ready.
Yr point is true but that’s already happening as inflation continues… unstoppable
Faster buy JB property
You should move to Shenzhen instead.
Excellent analysis. Sadly, when a survey is done, the top 10 happiest people will be interviewed and the result will be Singapoeans are happy.
Hi Mr Leong. I want to tell you why I identify with you and become a subscriber. When you say bluechip company, it sounded like bullshit company and both are about right. When you say those ceo million dollar salary, I think of our PAP million dollar salary . It is just so easy to idenify with you.
Easy to talk some populist bullshit to win votes or subscribers la.
About Telco
During my days, we use
MAIL
AIRMAIL
EXPRESS MAIL
CABLE
TELEX
FAX
When ICQ surfaces, I already know, I am not going to use all ABOVE.
When email start to take shape, I know that it... Days of all above is going to be drown
Coming to local communication:
Line phone
Coin phone
Pager
Beep only
One line display
2 lines display.
Call centre
Hand phone
- it doesn't change immediately, but those in charge of Telecom, had no clue what were about to hit them. They are too well-fed n intoxicated with Monopolism...
Cheers
Master Leong you are right the inflation number is painted look good, I don't think is real figure too, as what we spent on food now all are $5.50-$8.00 per meal. And on PR they are allowed to buy HDB and years gone by the price kept going up they benifit and profitted too.
U can also do what the PR do, buy HDB and then sell and retire in their country. Why they can do you cannot do?
Congrats on the 200 subscribers gain in one day. Green dragon in TH-cam 😊
Thanks for informing the Sg masses.
You are spot on ML. Three-star generals have proven to be Generally No Good.
Sorry .. I think u have a misspelling here .. do u mean General Lee No Good?
@ ha ha ha, no, I wouldn’t dare!😂😂😂
Our government have not come to the realisation that these mindef retirees (who are relocated to MFA/Singtel/and all other government related corporation) are not cut out for corporate culture and business acuteness after their so many years ranting and only giving orders to the army boys...
We should not generalize all FT as good and all parachuted Civil servants are bad, other than DBS, are there other good FT CEO ? On the other hand the early gen civil servants who headed Keppel. ST, Singtel in the early days like Lee Hsien Yang who internationalized Singtel are real good local talents !
Keyboard warriors only know how to focus on one or two failures and make it like the whole of Singapore is failure. Those successful ones, they will never mention.
How dare you guys be so disrespectful. We Generals got where we are because we are the bestest of the best. Look at our O level results! Our A level results! We are just so good at -talking cork- performing.
Why all the companies run by Generals are run to the ground? It's all the fault of the rank-and-file staff la.
umbrage! kekeke
Hahahahahahahahahahagagagaga
😂😂😂
Heng ahhhhh. Dumb General Chan didn't become PM. 🎉
@ lol… keechiu chan…
do not understand, SPH/Singtel/Singpost/SMRT is really jialat. they almost monopolized the whole market, but really cannot perform. Their CEO also would not take responsibility if the company is performing.
@zhihao5750...please offer yourself to the next CEO to one of these companies and help turn them around!!
I buyed Singtel to position for future burst in AI agentic inferencing demand that requires low latency and preferential data bandwidths from big budget, paying corporate customers. Finger crossed.
@@Penaming be careful and not overly invest in singtel...i held singtel since 3.40+ days and they never recovered
Bro this is the first tine I watch your TH-cam forward to me by my friend. I like your singlish . May I request you make a TH-cam on trading on the difference tradingg platforms such as Mo mo etc ... the pros and cons in one TH-cam for a new bird like me , needs coaching .
Then follow with part 2 how to protect our personal data and how to avoid some silly mistakes or how to avoid kena scammed or hackers.
Part 3 how to start the trading on the platforms and navigate thru it skillfully.
Merry Christmas and Happy New Year 🎊 🎊 🎊
Let us hope your up and coming TH-cam help us to Haut in the year of the dragon...
Thanks 🙏
merry xmas and happy new year
thanks for the feedback
Social Reproduction is a common issue worldwide. When the higher SES gets into government, it's a conflict of interest to expect them to come up with policies to "bridge the gap" and help those at lower SES to achieve social mobility and catch up with themselves. It's just not going to happen.
Totally 1000% agreed.
I had been long been talking about FT.
No doubt, we NEED FT but the TOP NOTCHS.
Not the ENTRY LOWER and MID LEVEL.
The Entry Level should go to our own graduates and ONLY from there they can learn n grow to next level MID LEVEL and so on.
Those TOP NOTCH should comes with clauses that he should lead n mentor 5-7 of our local graduates (from the related academic study).. That TOP NOTCH can be granted PR after 5 years or if he is really that good offer him high salary. But he has to perform and that 5 years come in handy n also to allow him to decide to make SG his home.
More to discuss - examples paper tigers.
The problem is FT can accept a lower salary but we can't and also local male need to go for reservist which is always a headache for the company.
without FT, many companies including local companies would have shut down due to lack of workers.
@@iamayoutuberfromearth
- I think you are clueless, we are never short of workers. (1) Are U willing to pay? - why others can come all the way to work n still can feed their family back home n build shelter for their love one? - do U know the answer? - let's discuss, here or U msg me.
(2) I mentioned earlier, as a result of bringing in FT of all level especially the Entry level n Mid level - do our graduates have the opportunity to be employed n learn ?
Without the opportunity into Entry level, how to get to Mid level.. Do U understand now ?
Let's us define what is FT - to me, either those with experience n knowledge we don't have.
Our UNI are among the top 10 in the world.... So if they are not given the job chance to learn something, so how to get from learning to entry to mid levels ...or even top level.
So it is not they don't have the academic qualifications to start from entry level. By now, U should understand what I meant.
So either thing is wrong somewhere.... Poor education systems or learning those using subjects?
That let to only one thing, salary? So why we are catapult to such a situation?
FW are workers to work on jobs is long done with our advancement / Mordenisation. we put / invest our learning into a higher value jobs / enterprising.... E.g. Entry level...
FT - to me are those top NOTCH. Make them knowledge transfer or at least, mentor 5-7 local graduates to learn / exposure etc..
@@iamayoutuberfromearth Yes. i do agreed especially those lower end job like in the construction industry.
We always told everybody Army always cockup. You still use their Generals to run big campanies. 3 stars Generals don’t need to be productive, we hardly meet them up. We are very happy, don’t talk like that Le.
Can you make a video of the nric acre.
i usually talk about stock market one, i not a channel that makes video to whack garmen lol
Gov giving out CDC voucher is a big mistake and this will continue to raise food prices. To me, CDC voucher is like drug. Gov keep feeding us drug so that we will depend them for more.
tiagong give chicken wing then later take back whole chicken
True. All subsidies lead to inflation but they r not giving you, just using you to support its own industry, giving rooms to raise prices… give once but prices once hiked will remain until the next subsidy, another hike, etc.
@@MasterLeong888 no hands no legs to work and buy your own chicken? need to depend on govt to give you chicken? if govt bankrupt how to run the country? you so financially smart but how come resort to populism?
Since PRs are already paying more for health, shelter and education relative to true blue Singaporeans, just change the law and force all PRs to compulsory serve and serve longer, irespective of age. Everyone is then happy, ergo can make Singapore more competitive in this new multipolar world. Remember guys, persuit of happiness is as important as staying relevant in this ever competitive world. You really dont want to be left behind when the party starts.
Merry Xmas and a happy new year.
Hopefully 2025 and beyond will be a prosperous and fruitful for all of us.
Cheers!
merry xmas and happy new year!
Morning master leong, i am one of your new subscribers, green dragon gooooooo..........
The high rising HDB prices are benefitting the PR as they can sell when they return to their country. Whereas Singaporean need to stay, they will need to buy another HDB if they sell, so no profit for Singaporeans.
yes they sell and take sgd convert to myr go back retire song song dah
Frank & down to earth comments. Thanks.
I stopped watching your video when you started saying foreigners are much better as CEO than locals. This quite a sweeping statement you made.There are many capable locals if you haven't notice. Anyone with a little bit of common sense knows that it is crucial and essential for Singapore to groom its local talent pool to take on leadership positions.
Have you ever wondered what happens when you have all foreigners leading our local companies and banks? This is a very sensitive topic for discussion and any threads created in forums nowadays will be immediately closed and deleted. So I won't say it here as well but I would believe that you are aware or at least read in local forums what are the common issues and complaints when it comes to having too many foreigners in the senior management.
Yes we do know many ex-SAF officers are being parachuted in govt related companies. These ppl were senior officers in the armed force but unfortunately they have very short career lifespan. Retirement age for officers is 50, and for warrant officers or enciks is 55, way passed their most marketable age.
With ZERO corporate working experience and past their prime, it would look bad on SAF if any of our ex-colonels and LTC had to drive grab work or do food delivery because they couldn't find employment after retirement so they must be taken care of..
Sharing a story I heard, my friend shared with me his CO was offered an administration manager post in a secondary school after retiring from the force but he turned it down because it was too "low level" for him. He waited and was eventually offered a director post in a govt related tech company thru connections. At their age, many are too rigid and stubborn to learn, adapt and change, instead they bring the SAF culture to the workplace making it a very toxic working environment.
Sometimes, to solve an problem, you have to resolve other underlying issues as well.
Master Leong, pls help to analyse why Capitaland Investment share price keeps dropping. The fate is going to be like SingPost
th-cam.com/video/tDB7Sp52JBY/w-d-xo.htmlsi=Wv7TVYaPQqToI9xj
The cat must be from Johor and heard your comments.
Vote for the cat!
1 in 2 residents is a foreigner in sinkinpore.
The problem is the people cannot sustain this overpaid garbage gvt organically without massive imports of foreigners in all realms to keep the country humming. The million dollar ministerial salary has come home to roost.
Spore is so dependent on foreigners that it has lost its sovereignty leading to the dishonorable son's abrupt abdication.
Do you or any oppositions has a solution? Import foreigners to work and increase population is the fastest way
STI is like DJI - big 3 local banks sama sama the Magnificent 7. No brainer as how to invest.
Why must go through a fund manager?
DJIA can give annualized return of above 10% for past 20 years. STI is shit la, bro. Shld have invested in S&P500 ETF ,sure huat.
@Jon888321 Must look at the future, not the past. DJI moves are a product of US$ money printing. US stock market are hitting their max upside as US Govt debt had reached US$ 1 trillion in interest payments by 2025. US Govt can't even pay themselves to keep going over the next 3 months. Can invest, meh?
China is a far better bet for the future but the US is doing everything to kill China.
Remember "Past performance is not indicative of future results".
Govt should not simply privatize govt’s basic needs entities such as hospitals, post office, so as to keep the efficient & low cost to all citizens. The hospitals’ cost on private category patients is just as expensive if not more than private practice but service is not as good. Private sector provide your X-rays, CT scans & other reports free of charge & u need not request for them.
Really love Ur analysis.
If one wants high stock valuation and growth, one must invest in American stocks. Singapore and China stocks are mainly dividend stocks.
yes sgx mainly left banks and reits for dividends gg
We are losing so much "heritage" sites give way for housing, but our population is shrinking?
master be careful. PAP dun like free speech like this talk about politics. But still feel massive thank you for speaking up for us sinkies
i just hope this doesn't go too viral, i will position myself as a person talking about stocks this just a one off video ba hahahaha
2025 green dragon lets go!
Then, don't choose PAP la! 😅
@ I one person dun choose no use. My family alone got many loyal pap supporters 🤣
Yeah lor. Wait they POFMA you! You know their tactic...silence anyone that speaks out against them.
Hi ML. Just watched your video. Just want to talk in the perspective of SPR.
Actually im a PR, not a singaporean. I understand it is quite unfair that we nvr serve NS, but get the benefits.
However, Getting a PR in SG is not as simple as what u think. I applied 4x, only recently got accepted. Regarding NS, i also dont mind serving NS (Since i applied during my secondary school and poly). However, singapore Gov already made it super difficult to get an SPR. Some of my colleagues been here for more than 10 years, and still havent gotten PR yet. If you see from the population in brief 2024, between June 2023 to June 2024, there are only 6.3k new PRs.
In terms of high injection of FT, in order for them to become FT (Assuming EP holder) they will need to have at least 5k income if They didnt have tuition grant. Thts assuming that junior position. S-pass holder, there is a limit of 1 FT, 10 singaporean. So higher income requirement will filter those not high talent FT because companies wont be willing to pay someone with such high income.
Regarding the benefits, we have lesser benefits that Singaporean. Higher school fees, higher medical fees, even resale also higher fee. We cannot BTO, which I understand why. Property in SG has been going up, but a lot of PRs that buy property in SG in the end up married, and have singaporean kids. To buy resale, we also need to wait 3 yrs after being a SPR before eligible to buy resale.
Please dont bash me. I just want to share in the point of view of SPR.
Thanks for sharing your perspective. It's good to hear from PRs as well!❤❤❤
very much looking forward to the upcoming GE
Can't wait to vote PAP.
Agreed ! All our blue chip company had all turn into bullshit company by all our 3 Star General and the decision from our white papaya leader 🤣🤣
Did I hear blue-chip or bull-shit company? Guess both are right. The former is past; the latter is current.
both same i guess haha
If not wrong, the foreigners that are non residents constitue to 30% of the total population in Singapore. With foreign residents, this is definitely over 30%.
Many of these fts hold high pmet company position, and it is natural for own people to help own people.
We also need to touch our heart and ask ourselves are our own local really helping each other, or the otherway round?
At least 50% non Singaporeans.
Well said 👍
What contributed most to rising food prices in Singapore? It is the Govt's two-step increase in GST from 7% to 8% and then from 8% to 9%. Each time the GST increase, establishments and food retailers take the opportunity to increase their prices. The govt's GST offset package is a meaningless one off, make you feel good tactic. Did the govt tell us how much GST revenue increased due to the 2% GST increase? Simple mathematics tell us the increase in 28.5% (2/7 x 100%).
Tiagong give chicken wing take back whole chicken 😂😂😂
I think inflation is a global thing, central banks printed too much money during lock down years
You got your points on track . FT are welcome and nice to have BUT must be regulated, control and professsionally administrated and must and cannot be of equal status as a cictizen. Polyclinic / HDB / MRT and Public Transport fares and COE priceing for a car etc atc ... 🙏🙏🙏
If no FT, who rent their extra property? Raising income of E pass and S pass holder can ensure higher rental gain of landlord.
yes, more FT = higher demand = higher rentals = higher property prices kekeke
agreed to take in FT, but their benefits n medical care, etc must not incur a single cents of government subsidy, they can't enjoy any local benefits. FT n PR should not allow to buy HDB n must pay extra taxes for causing congestion in MRT and new citizens should not enjoy the benefits immediately , for example, can only buy HDB after 10 years of becoming citizen.
Why we don’t have local talent?
Cause they are not viewed as talents haha
Happy Christmas master!h huat huat huat ah🐉🐉🐉🐉🐉🐉🐉🐉🚀🚀🚀💪💪💪
merry xmas! huat ah!
btw, I agree with you most CEOs and senior management for SG blue chips are crap... running a company is not the same as military... company performance includes profit as a key KPI... military has no material KPI in peace time... hence, these 1-3 star generals can "perform" in military... if there is a real war... there are doubts in their capability..
Well said, ML.
Even XDC over a year now , not represented in USA and Canada.Australia is paid well ,can pay for inflation .WSG give out jobs at $9 per hrs .How to work ..
If you live in a little red dot, you will mainly see what the red dot can provide. Singapore although it has been a per capita success internationally, it does not have the physical resources or market size to scale really big companies unless they expand globally. Your example of SingTel is perfect, how many mobile phones or related products one can sell in Singapore alone, the market is already very saturated, and with mature markets the margins for success is of course limited. Putting a 3 star general to such companies, will just run it to the ground (as you highlighted and is obvious), because top local talent (who has been living and earning their contacts mainly in Singapore) will find it very difficult to expand to much bigger markets (US, China, India, EU etc).
Hence we need top FTs to open more international doors, with perhaps a local deputy(s) to understudy and protect the assets of the Singapore based multinational they are running. I am for FTs, Singaporean should not complain as long as they bring some USP or bring market value. But if a FT is doing exactly what a local can do (maybe slightly cheaper) with no specialist, skill, talent or performance factors better than a local, then we need a Singaporean first employment policy.
Singapore can actually be a very good country for inception, incubation of innovative start ups due to the proximity of talent with a safe test market to establish new ideas, new product or service prototypes. Singapore needs to build their Global Venture Capital accelerator skillset so that we can take any incubating company to the next international level quickly ie regionally, then globally. EDB is still very useless in this practice, which we could frankly improve.
In 1990,
1) an entry level grad salary was $2,200-$2,500;
2) a 5-room HDB flat in Jurong East purchased directly from HDB was $90K and around $150K(?) for same in “open (because HDB suppressed the valuation and CPF policies were stringent on its use)“ resale market;
3) the cost to own a new 1,300cc Japanese was around $50K - with NO 10-year COE;
4) cost of bus ride from Jurong to Orchard was 70 cents;
5) cost of a bowl of noodles was $1.50-$2/-
Life was good.
@@Coco762011 and we were proud to call ourselves Singaporeans. Today we call ourselves sinkies
yes if we rewind 30 years back and put a happiness index i would say its 100%
now i would say its much much lower, life back then was much simple and peaceful
jobs for FT
NS for Sinkies
the famous slogan from Edmw hwz lol
@@MasterLeong888 slogan came from sammyboyforum
@@MasterLeong888 everything goes downhill when politicians pay themselves millions. This increases the cost of civil service (e.g. why the F we need JLB mayors) and in order to continue paying themselves the legs are spreaded wide open for ravaging. Today most of them are in there for the money ; i stand corrected - what are the good policies that came out from the bunch? I can only identify one member who tries to do good
Actually i pity the generals. When biz for GLC is good in the 90s, they were got chance to run the GLCs. But when the golden goose get sick, they are thrown in to turn things ard, which mostly failed. Look at smrt, a cash cow with great cash flow, the generals are brought in after years of poor management by past ceo, and of coz, the generals was unable to turn the company are and need govt bill out. But yes, they are paid millions to learn how to run a company
PR ready getting very good incentives😊