SPH chairman Lee Boon Yang should stop talking cock

Every PAP-appointed CEO who screws up will be covered up by PAP’s propaganda machine.

SPH CEO Alan Chan is no exception and has been repeatedly praised in the MSM, especially by former cabinet minister and SPH chairman Lee Boon Yang.

Boon Yang: “Chan has served SPH with great distinction in the last 15 years.”

The reality? CEO Chan screwed up big time so much so that not a single analyst has a buy call on SPH!
markets.ft.com

EPS has collapsed, net profits reduced by half during the last 5 years, dividends reduced, etc. Everything is going down except Chan’s remuneration.

It is precisely because Chan has screwed up that investors are now having a lelong sale.
After earning almost $30 million as CEO, Chan is now well-qualified to lecture on “How to destroy shareholder value and get away with it”. 🙂

Chairman Lee Boon Yang should not assume SPH investors are stupid and better cease talking cock.

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5 Responses to SPH chairman Lee Boon Yang should stop talking cock

  1. Singaporean says:

    We are under Court martial law.
    Military control entity country etc..
    I think no different from Burma

  2. Sinkie says:

    The cure for lousy leadership is more lousy leadership & even worse results for citizens. Sinkies need to have 10% unemployment rate before they are motivated to change govt. In the meantime, just gotta develop smarts & income-generating skills while waiting for the slow-motion collapse.

  3. DavidLKSee says:

    Popular Internet Nicknames for Singapore’s PAP-controlled/manipulated Mainstream Media:
    Straits Times — PAP Times; State Times; Snake Times; Crooked Times: The Shitty Shit Times (most popular version).
    Channel News Asia — MediaCOCK TV; MediaCORPSE TV

  4. william says:

    actually v easy to make money with s pros house. but now in the wrong hands. a media monopoly in a small nation, like most of the oligopolies run by glcs is v easy to milk the people and show profits. now even sia is losing money. cathay pacific lost money too. it sacked its ceo and then start firing staff. sia is still v slow to respond to market forces.
    crony capitalism where lackeys milk the system from judges who knew who butters its bread, to grassloot busteds stealing fat juicy town council cleaning n maintenance contracts, to well connected ex-politicians helping themselves with the free buffet etc must be stopped.
    do you need to feed lee boon yang? how much is he paid as chairman sph? what are his contributions? do you need to pay lim boon heng ?
    why are we wasting taxpayers’ monies?

    • Phillip Ang says:

      More tax dollars will go down the drain so long as PAP still controls our finance. But nothing lasts forever.

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