Monday, October 03, 2016

SMRT AGM - A Reflection of Singaporeans

So many small investors made noise and shooting angrily against the SMRT CEO and his management team of the rationale of selling the rail assets back to Singapore government LTA as well as Temasek Holdings privatizing plan but eventually, 98.84% voted yes to the sale of rail assets to LTA and 84.83% voted yes to the privatization of SMRT by Temasek Holdings!

What does that tell us?

I was told that there were many applause to people who raise pointed questions against the CEO Desmond Quek and Koh Yong Guan. Although Temasek Holdings did not have representatives voting in the privatization plan and did not put up sales pitch of why shareholders should sell their shares to them, SMRT management under the leadership of Desmond Quek were the ones trying to convince the shareholders to do exactly that!

It was so ridiculous until a shareholder actually asked why is the management making such advocacy for Temasek Holdings and who are they working for?!

But the final results speak volume of Singaporeans' mentality. They may make a lot of noise, putting up strong pointed questions against the authority, especially when their self interests have been compromised, but ultimately, when it comes to voting, they just too afraid to vote in protest! There was a shareholder who had made the point during the AGM that small retail investors should vote in protest but his call was somewhat grounded and overcome by some irrational fear.

So it seems that this is the nature of Singaporeans at large and I do not think Singapore as a Nation would vote courageously for their rights or for any reforms or Change. After making noise, they will just resign themselves to status quo. Just like the many taxi drivers who will complain high and low, day in day out about PAP government but when it comes to voting during GE, they will quietly vote PAP again.

If one does not fight for their own interests, don't even expect others to fight for you.

Goh Meng Seng

9 comments:

Anonymous said...

"But the final results speak volume of Singaporeans' mentality. They may make a lot of noise, putting up strong pointed questions against the authority, especially when their self interests have been compromised, but ultimately, when it comes to voting, they just too afraid to vote in protest!"
Goh Meng Seng

So now then you know. And as a opposition leader of the newest political party polling only 23.1% votes in GE 2015, what are you going to do, going forward?

And you know why they are too afraid to protest? And it's not because they are afraid, but rather they think protest is of no use or rather not the better choice for their self interest, whether it is SMRT AGM or in GE 2015.

For instance, what's the point of voting for Goh Meng Seng as MP when they know he cannot do much, or if anything of substance at all, inside or outside Parliament? Sames applies to the other opposition candidates.

So you need to review your position as a politician in the light of all this.

Man-Made said...

Interesting .... Haha
In Singapore, majority of us live in *HURRIEDLY DESIGNED BUILDINGS (HDB)*,

constantly
*UNDERGOING REMEDIAL ARCHITECTURE (URA)*. We need to *PAY AND PAY (PAP)*. Not only

do we have to pay and pay, we *PAY UNTIL BROKE (PUB)*. Our roads are managed by people who *PURPOSELY WANT to DIG (PWD)*

.
To own a car, we need to
*CUT ON ENTERTAINMENT (COE)*. Driving on our roads, we can't afford the *EXPENSIVE

ROAD POLICY (ERP)*. The expressway is


*CONGESTED THROUGHOUT EVERYDAY (CTE)* If you don't own a car, you need to take the

*MAD RUSH TRANSPORT (MRT)*, OR take a *SLOW BUS SERVICE (SBS)* which is run by

those who require us *NOT TO USE CASH (NTUC)*. Luckily, despite the frequent rail

breakdowns, they have the *LET'S TRY AGAIN (LTA)* spirit. Not to worry in the

end, we have *CASH PROVIDED FUNERAL (CPF)* to leave this world with dignity.

This is the life of a normal *Singaporean!*

Funny said...

Is this true? There are 3 Indian men probably 40-50s of age, with incense burner asking 4 donation. The incense burner consists of Ecstasy & the smoke will make you unconscious. Once unconscious, they will enter your home to rob. They drive a yellow Myvi, had just robbed someone's house!

These are the 3 guys... police are now looking for them. They are either from India or Malaysia

Anonymous said...

Everything we hear is an opinion, not a fact. Everything we see is a perspective, not the truth. Marcus Aurelius


When will some smart arses ever learn ?



Semua yang kita dengar adalah pendapat, bukan fakta. Semua yang kita lihat adalah perspektif, bukan kebenaran. Marcus Aurelius


Bilakah beberapa keldai pintar pernah belajar ?




我们听到的一切意见,不是事实。我们看到的一切是一个角度来看,事实并非如此。 Marcus Aurelius





当将一些聪明的驴子学过?

Anonymous said...

Loads of mouthing, showmanship, modelling, gallivanting, posing and self opinions.

Any real doings?

Anonymous said...

* Car- Kia * job very easy leh . Just *inven* and *tow * would probly nod hed aglee.

Father diff leh will questen Y like this leh. Butt times not same now leh. This genelation when questen too much will drop out one by one leh.

Time r despelate leh. Go everlywhere got police clime-alert sign leh. U clime oso die no clime oso die. Clime better still got chance to get away leh. No clime , no fud an no mani how. beh tahan leh

Anonymous said...

We should be in good care under Lee Hsien Loong. The rose amongst the thorns.

Pok Kai said...

Welcome to near 2017 - here is a priceless summary of our civilization at the end
of 2016!!!

• Our Phones – Wireless
• Cooking – Fireless
• Cars – Keyless
• Food – Fatless
• Tires –Tubeless
• Youths – Jobless
• Leaders – Feelingless
• Relationships – Meaningless
• Attitudes – Careless
• Babies – Bornless
• Feelings –Insufficientless
• Families –Bondless
•Schools-Timeless
•Roads- Mannerless
•Housing- Spaciousless
•Money-Cycleless
•Businesses- Busyless
•Economy-Darkness
•People-Powerless
•Time-Slowless
•Drivers- Patientless
•Neighbours -Friendless
•Television-Manualless
•Old people-Healthless
•Policies -Humanless
•Country- Directionless
•Race- Avoidless
•Bosses- Appreciateless
•Workers -Easyless
•Children-filialless



We are SPEECHLESS,
Government is CLUELESS,
And our Politicians are WORTHLESS!

We scared –Shitless!



Anonymous said...

Why was there a saying