Unrealistic for Temasek to always outperform or avoid losses
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That is half right.Singapore makes lots of money by attracting foreign investment.
Of course wat that botak was saying probably was written by another asshole.He hardly knows wat that hell was implied in the writting anyway.
Our government lay traps to Internal and external funds.Trying their best to try benefit from it.Exploiting Civilian like us is a must.Since no matter how we complain still like that.
When they try to cover their tracks,they do make mistakes of course.Try not to blame them.For ppl in the Finance dept is a bit out right now.
For example they keep giving us info but nvr telling us how they come to that.Which means they bullshiting us lah.
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Originally posted by eagle:
one of the books I use for tuition, the price has already factored in 5%, 7%, 9% and 10% GST printed at the back
Means those folks who don't pay any income tax (earning $20k), now have to pay 7% GST.
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Originally posted by deepak.c:
Means those folks who don't pay any income tax (earning $20k), now have to pay 7% GST.
ya, all because of a stupid tutor who dun go library but do the easy out to conn poor students -
Originally posted by deepak.c:
Interestingly enough, the stellar growth in portfolio from S$100 million (1960s) to the current S$127 billion is not entirely due to investment growth, it's more like capital injection from MAS (CPF funds).
Note that on the balance sheet side of CPF we have a loan of S$118 billion to MAS, MAS then loans the money to Temasek and GIC. We can't really determine the exact amount because of secrecy with Temasek's account. Somehow or rather Temasek and MAS has to make goods those interest of CPF members in the future. Then one has to also consider where does the money from over priced HDBs go to?
A lot of people also know that a part of the "good" performance is through capital injection.
Someone from another forum mentioned how it works with a simple example:
Assuming you have an initial amount of $1000 and you invest the whole amount into stocks.
At the end of 1 year, you lost 50% to $500.
At this point, you inject capital into your account with another say $1000.
Your account is now $1500.
Voila, your losses have been reduced to just 33.33% ($500 of $1500).
If you inject even more capital, your losses is minimized even more, so you can safely tell people you lost a small x% of your capital.
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Originally posted by charlize:
A lot of people also know that a part of the "good" performance is through capital injection.
Someone from another forum mentioned how it works with a simple example:
Assuming you have an initial amount of $1000 and you invest the whole amount into stocks.
At the end of 1 year, you lost 50% to $500.
At this point, you inject capital into your account with another say $1000.
Your account is now $1500.
Voila, your losses have been reduced to just 33.33% ($500 of $1500).
If you inject even more capital, your losses is minimized even more, so you can safely tell people you lost a small x% of your capital.
Well, this is what we call a Going Concern in accounting term -
Originally posted by angel7030:
Well, this is what we call a Going Concern in accounting termWah steady lah.
Know accounting terms.
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Originally posted by charlize:
Wah steady lah.
Know accounting terms.
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But ah, I don't think this has anything to do with going concern.
Unless you think the company is going to go kaput.
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Originally posted by charlize:
Wah steady lah.
Know accounting terms.
Mai play play hor, me got accounting diploma ok, just used it wrongly
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Originally posted by angel7030:
Mai play play hor, me got accounting diploma ok, just used it wrongly
Wah.
Got diploma some more.
Must learn accounting from you next time.
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Originally posted by charlize:
But ah, I don't think this has anything to do with going concern.
Unless you think the company is going to go kaput.
company accounting will always look forward than reflecting the loss, in fact nothing is lost when the investment is still holding, most accounting dun reflect the market value and on the investment porfolio it reflects the going concern value and the initial buying price, that is how they get balanced. Until they are sold, the profit and loss will reflect it. -
Originally posted by angel7030:
Aunty, I notice you like to voice out when botak speaks, why?? you fancy botak indian man ar??Anyway, botak body got lots of hair, so dun play play with him. Lucky he never sing Tamil Songs to you, in Tamil movie they alway like to express themselve with songs. So, abit of noise nevermind lah, let botak do his job ya
hi, bargirl, pros, mamasan, cabaret, u said your niteclub business not doing well, it is better you put your time in good use than come here contribute rubbish.as a friend dun say i din help u hah, i tried get ppl go your niteclub leh.
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Originally posted by charlize:
Wah.
Got diploma some more.
Must learn accounting from you next time.
just that because i hv to take care of this stupid pub i forgo my CPA qualification ok, now me cashier only. But anyway, we do have external audit and I need to know some of it, so, dad sent me for nite classes at SIM lor. But instead of learning hard, i mix up with alots of bfs. -
Originally posted by eagle:
one of the books I use for tuition, the price has already factored in 5%, 7%, 9% and 10% GST printed at the back
so we can more or less confirm the next increment -
Originally posted by Fantagf:
hi, bargirl, pros, mamasan, cabaret, u said your niteclub business not doing well, it is better you put your time in good use than come here contribute rubbish.as a friend dun say i din help u hah, i tried get ppl go your niteclub leh.
ya lah ya lah, u very good lah, next time come, i give you drink free lah, anyway, my niteclub is not so bad, it got a western oriental atmosphere and we are not charging so high like orchard, arab street, boat and clark quays or tanjong pagar pubs. And our gals are licensed with market price. Instead of per kg, we charge per hourIn fact i help alots of Uncles to stress relieve abit, if not, who help them?? govt ar??
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Originally posted by angel7030:
company accounting will always look forward than reflecting the loss, in fact nothing is lost when the investment is still holding, most accounting dun reflect the market value and on the investment porfolio it reflects the going concern value and the initial buying price, that is how they get balanced. Until they are sold, the profit and loss will reflect it.Depends on whether the assets are available for sale or held to maturity right?
Can park unrealised profit or loss into comprehensive income if available for sale I think.
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Originally posted by angel7030:
U r a chicken is it??? my sista scare u abit only, you go away liao,...scare her back lah, why scare of her ar?? Last time, i kicked her backside for talking too much.
bargirl, go tout for customers to your niteclub lah, don't come here hijack my thread.you have earned a bad reputation for yourself still not enough, angel7030 aka longinchjohn
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Originally posted by charlize:
Depends on whether the assets are available for sale or held to maturity right?
Can park unrealised profit or loss into comprehensive income if available for sale I think.
Dun worry, CPA accountant are train to massage figures, even given a full disclosure, you will never really know the real truth. That is why most CFO are powerful figure in the company, sometime more higher than the CEO.
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Originally posted by angel7030:
Dun worry, CPA accountant are train to massage figures, even given a full disclosure, you will never really know the real truth. That is why most CFO are powerful figure in the company, sometime more higher than the CEO.
Hanor, hanor.
Shift here, shift there and the books will be balanced.
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Originally posted by Fantagf:
bargirl, go tout for customers to your niteclub lah, don't come here hijack my thread.you have earned a bad reputation for yourself still not enough, angel7030 aka longinchjohn
Aiya, still longinchjohn, my brother already long married, have childrens and live happily liao, now me hv to defend for myself only, me not bargirl ok, me professional Public Relation Chief Executive. Dun anyhow misalign me hor. U come Club88, i give you special room, hug hug you and pat pat you ya -
Originally posted by angel7030:
Mai play play hor, me got accounting diploma ok, just used it wrongly
u use accouting knowledge to count your clients' $ see how much they earn be sucked by u lor. -
Originally posted by charlize:
Hanor, hanor.
Shift here, shift there and the books will be balanced.
ya mah, as long as you bring the external account auditors out to have a good dinner or lunch, the sheet/shit will automatically balance by itself. KPMG, indian account auditors, what you expect, give them one good dinner at Muthu Curry and a few drinks at those Indian pubs, wow, they treat you like SLAM DOG millionaire liao. -
Originally posted by angel7030:
Aiya, still longinchjohn, my brother already long married, have childrens and live happily liao, now me hv to defend for myself only, me not bargirl ok, me professional Public Relation Chief Executive. Dun anyhow misalign me hor. U come Club88, i give you special room, hug hug you and pat pat you ya
u silently admitted b4, i did not malign u.your behaviour already tell you are one, ha ha h ahaha
i help u direct people in need go your niteclub still nvr say thank you.
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Originally posted by Fantagf:
u use accouting knowledge to count your clients' $ see how much they earn be sucked by u lor.
u think here is temasek ar?? the fundamental of accounting is not counting understand. It is about acountability. Who dunno how to count, PRC gals are best in it cos they are well know to be good in Math. those they call Xin or Chu counting, use the hand better than calculator ok.My money is hard earned ok, not by sucking
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Originally posted by Fantagf:
u silently admitted b4, i did not malign u.your behaviour already tell you are one, ha ha h ahaha
i help u direct people in need go your niteclub still nvr say thank you.
Thank you aunty, so how do you charge?I got a plan, maybe you can do some good business too, i send a few gals to you and you doing the PR for them and earn the commission, very high leh, nearly 50%. Legal one hor, got permit ya