Monthly Archives: January 2023

Another GIC-backed investment may soon be wiped out

Posted on January 27, 2023 by Phillip Ang

Despite GIC having invested in Amplitude pre IPO, ie Series E, F funding, the investment has not been profitable. Hopefully, Amplitude will be able to turn a profit. Otherwise, more than US$50 mil may have to be written off.

Posted in GIC's POCK KAI INVESTMENTS | 1 Comment

In mega-bubble territory, will the Indian stock market and Adani crash?

Posted on January 27, 2023 by Phillip Ang

Let’s just pretend there’s no cronyism and corruption in India. Their stock market is also not bubbly. Even if there’s a collapse, Temasek and GIC will somehow ensure that losses will be limited. Adani’s achievements are all through merit.

Posted in ADANI HINDENBERG REPORT | Leave a comment

Will Temasek, GIC fall victim to the ‘largest con in corporate history’?

Posted on January 27, 2023 by Phillip Ang
Posted in ADANI HINDENBERG REPORT, GIC, TEMASEK | Leave a comment

Will GIC’s Bandhan investment go the way of Yes bank?

Posted on January 27, 2023 by Phillip Ang

GIC owns 125.4 mil Bandhan shares, currently valued at almost S$1/2 bil. Should Bandhan’s revenue continue to slide and losses incurred, a collapse in share prices is to be expected.

Posted in GIC's POCK KAI INVESTMENTS | Leave a comment

58% fall in Indian rupee vs SGD since CECA signing, and falling: Are Temasek’s/GIC’s investments still profitable?

Posted on January 27, 2023 by Phillip Ang

The Indian rupee made a new low against the SGD today. It has been making record lows almost every month in 2022. At the current rate of decline, will it not become banana money in the next 6 decades?

Posted in CECA INVESTMENTS | Leave a comment

Temasek’s investment still in ICU after 5 years?

Posted on January 27, 2023 by Phillip Ang
Posted in TEMASEK'S POCK KAI INVESTMENTS | Leave a comment

Temasek makes small gamble, maximum loss only few US$ mil

Posted on January 27, 2023 by Phillip Ang

Temasek throws our reserves into numerous startups. Many had performed very well in the past 2 years – due solely to artificially-depressed interest rates – despite having no proven track record; only guaranteed losses. MSM will then trumpet the few … Continue reading →

Posted in TEMASEK'S POCK KAI INVESTMENTS | Leave a comment

Another day, another Indian startup fraud uncovered

Posted on January 27, 2023 by Phillip Ang

https://finshots.in/archive/the-gomechanic-saga/https://www.moneycontrol.com/…/gomechanics-bust-could…https://www.moneycontrol.com/…/fraud-rocks-gomechanic…https://inc42.com/…/gomechanic-fake-numbers-growth…/

Posted in CECA INVESTMENTS | Leave a comment

Does GIC have any exit plan for its Multiplan investment?

Posted on January 27, 2023 by Phillip Ang

Fact: GIC takes huge risks with CPF monies loaned to the government. More often than not, GIC is willing to lose 100% of the amount invested. Unlike Norway’s SWF which spreads its risks in more than 9000 investments – all … Continue reading →

Posted in GIC's POCK KAI INVESTMENTS | Leave a comment

Is Temasek and GIC taking turns to lose our reserves?

Posted on January 27, 2023 by Phillip Ang

Temasek – and EDB – could possibly have been scammed as there was an investigation into Zilingo’s accounting practices in April last year. https://economictimes.indiatimes.com/…/art…/90974243.cms

Posted in TEMASEK'S POCK KAI INVESTMENTS | Leave a comment