In the first place SMRT and SBS are not losing money, they just
earn a little less than last year. Earning more or a little bit
less is part of the business cycle which every normal and healthy
listed company will face, so what are the big deals when they earn
a little less than last year? Who are they trying to impress even
if the company earn much more? Is'nt it their own pocket which are
their main concern but how many millions more poor Singaporeans
suffer because of their greeds?
Mr. Sim Wong Woo could turn around his Creative from huge losses by
new innovative products and creative cost cutting methods to save
costs and enhance profit. What have our transport company done into
this direction?
ComfortDelgro has made huge profit in Singapore but splash it in
the loss making companies in China. So far how many cents they have
made in their venture in China? They just follow the blinds in
venturing into China, invest for the sake of investment and now
they are trying to recoup the losses and pass the burden to the
poor Singaporeans who are trying to keep their heads above water
esp in this kind of harsh economic climate!
