Tag Archives: Stock Market

TEMASEK HOLDING’S PORTFOLIO TO BE 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 valued at about $112 billion on 31 March 2015 (table below). Stock markets seem to have signaled a sharp correction ahead and the likelihood of Temasek’s portfolio being wiped out is increasing by the day.

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INVESTORS: SMRT, SBS TRANSIT IS ALREADY OPERATING BEYOND ITS CAPACITY

A foreign operator beating out SMRT and SBS Transit, along with a host of other hopefuls, to nab the first package of bus routes put up for tender might have left the two incumbent public transport operators disappointed, and led to some transport analysts describing it as a “wake-up call” for SMRT and SBS Transit. But as far as investors and market watchers are concerned, the failure to land the contract was a boost to the two public-listed companies: On Monday (May 11), the first trading day following the announcement last Friday after market hours that United Kingdom-based Tower Transit won the contract, the share prices of both SMRT and SBS Transit went up.

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