Supermarkets Profiteering In Dried Foods?

I like to highlight this matter of supermarkets predatory pricing dried goods such as nuts, dried prawns, and others

the cost of these items went up 2X over the last few years. The cost of dried prawns was $2.30 per 500G 2-3 years ago. Now its almost
double costing the same level as fresh prawns.

Is this indirect taxation by the PAP cronies supermarkets to tax people more for their selfish interests?

 

Matrix Neo

 

 

 

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44 Responses to “Supermarkets Profiteering In Dried Foods?”

  • New Egg Yoke:

    If u even casually observe, NTUC now costs much more than Sheng Siong over many fresh meat, produce and vegetables too. Just look at the prices of fruits like grapes, cherries, plums..etc….used to be $2.95-$4.95 range per box of 500-1000 g. Now don’t be surprised it’s $7 upwards going to as crazy as almost $20 for some imported grapes. Pure greed.Everything has gone up within the shortest time and yet fake stats are churned out that all is well. Cursed are ALL PAPPY supporters. Enough said.

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  • Samuel S:

    So imagine what happen when this government raises current 7% GST to says 10%…everything will rise. Our MPs and Ministers will echo and say it will not happen!

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  • LIONS:

    NTUC FAIRPRICE IS THE MAJOR CULPRIT OF RISING FOODSTUFFS PRICES.

    WE demand to know WHAT KIND OF PROFITS NTUC ‘FAT-PRICE’ makes each year?!

    think NTUC HAS A BIG ROLE TO PLAY IN KEEPING THE COL DOWN BUT BECOS OF ITS MANAGEMENT’S GREED,NTUC HAS INDEED HELP PUSH UP COL FOR ITS UNION MEMBERS N OTHERS ALIKE?

    PS: WHO GO TO NTUC FAT-PRICE MOSTLY?

    THE NOT-SO-ATAS N POOR SGS,YA?
    SO?

    PM LEE N KEE-CHIU.PLS WAKE UP.

    YOUR JOB IS NOT JUST ABOUT COLLECTING MORE MONEY AND MAMKING SGS LOSE THEIR JOBS TO FAKE FTs?

    you have failed miserably in your roles!

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  • oxygen:

    MY SOURCES ARE RELIABLE & indeed someone told me that NTUC Fairprice have moved up fresh produce prices very fast. Salmon fish heads and salmon bones were $6.90 per kg about a year ago, now it is $10.90 per kg AFTER A BOUT OF REPEATED UPWARD PRICE REVISIONS in quick succession.

    Avocado was 3 for $2.90 or just over $3 is now priced at $5.90 for 3 or thereabout.

    THE BUYING CONSUMERS WILL KNOW IF THESE OBSERVATIONS ARE CORRECT.

    Are they pricing everything on what the buying traffic will bear knowing that population will increase – the logic is that if you a tight with your wallet, someone else will still take the pricey items off the shelves to the receiving check out counter?

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  • Global Shitizens Must Go:

    With NTUC Finest… made with ang mo expartraits in mind. Everything else are also done with foreigners in mind. You think I am wrong?! Just like property, the presence of global foreigners jack up all the prices. Not true? Look at China, there are even differences in hooker prices between China metroplitan cities and sub-urban cities. Globalization jack up the prices of everything.

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  • Rabble-rouser:

    @ Matrix Neo:
    Let me teach you some ‘out of the box’ solutions.
    1. Nuts
    Book cheap flights to Perth with family or friends – buy nuts by the 1kg Bag from Grower’s Markets or Supermarkets (Not from Woolies or Coles – they’re more expensive but still cheaper than S’pore).
    2. Dried Prawns/Ikan Bilis
    Take the Ferry boat to Tanjong Pinang (Pulau Bintang). Go shopping at the dried seafood Markets.
    Last of all, Plan to migrate to a cheaper cost of living place if you intend to retire. There’s no relief from PAP’s relentless cost of living increases.

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  • Change We Must:

    NTUC Income was setup to provide workers with affordable insurance. What happen now? I used to buy insurance from them but other insurance companies are now offering better deal for the workers. Many workers have jumped ship. Similarly, NTUC Fairprice was setup to monitor the prices of goods to protect the workers but over the last few years the greedy establishment did not fulfill what they are tasked to do. How come Sheng Siong a public listed company can sell at lower price than Fairprice is questionable. Is Fairprice markup too high or they employed very incompetent purchasers to source for goods at good price? Or they have very highly paid executives that take up all the profits? Come clean to us NTUC Fairprice, you are not protecting the workers now.

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  • an0n:

    Nuts are “heaty”, and prawns can be quite “doke”.

    Better to cut down. Preservatives lah!

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  • Harder Truths:

    you are all correct – the pricing follows no pattern just how much the sellers can get away with.

    plus some types of food / toiletries have been stopped and replaced with cheaper brands but increased to same price.

    Vegetables and fruits are half rotten as if they have been thrown away from a better batch (going to USA or Australia no doubt). However we will be paying more than those countries for half – rotten food.

    Who says $G is not third world when the citizens have to make ends meet and still have no choice but to eat half -rotten produce?

    Hello 70% – are you happy with the menu or do you want to look in the dustbins one more time?

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  • MarBowling:

    oxygen:
    November 27, 2017 at 9:42 pm (Quote)
    MY SOURCES ARE RELIABLE & indeed someone told me that NTUC Fairprice have moved up fresh produce prices very fast. Salmon fish heads and salmon bones were $6.90 per kg about a year ago, now it is $10.90 per kg AFTER A BOUT OF REPEATED UPWARD PRICE REVISIONS in quick succession.
    Avocado was 3 for $2.90 or just over $3 is now priced at $5.90 for 3 or thereabout.
    THE BUYING CONSUMERS WILL KNOW IF THESE OBSERVATIONS ARE CORRECT.
    Are they pricing everything on what the buying traffic will bear knowing that population will increase – the logic is that if you a tight with your wallet, someone else will still take the pricey items off the shelves to the receiving check out counter?

    Response: totally agree with your comments. After Mai Hum has obtained a 70% strong mandate from the DAFTS in GE2015, one of his Mafia-looking chieftains who is helming NTUC sneakily and quietly mandated the PRICE increases of most food items esp under the CRAP NTUC Finest Brand Name! Apparently, at NTUC packaging factory, packers all day/night LOONG are instructed to pack most perishable food items according to freshness and quality: those of average freshness and quality go to the Normal NTUC outlets while those of great quality and freshness go to FINEST catering for those who could afford and willing to pay a HIGHER PRICE for the FINEST foodstuff in SinKapore!

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  • Milk is milk!:

    The price of baby milk formulae is shocking…till gov had to step in n provide alternatives…like as if gov reps didnt kno such things were going on? Only when ppl complain then they show they are doing some thing to help…as with everything else.
    Is more expensive than gold!
    They tax u from cradle to grave..

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  • Inside Coatout:

    your sons no need come back do NS if you migrate to cheaper cost of living place? No need pay Medishield?

    Citizen must make way for their country’s relentless cost of living?, and not the country relentlessly making ways for its citizen’s living?

    If “PAP” might be the cause of this “relentless cost of living increases”, shouldn’t first try “relief”"PAP” from the equation and see if things the same?

    Rabble-rouser:

    Last of all, Plan to migrate to a cheaper cost of living place if you intend to retire. There’s no relief from PAP’s relentless cost of living increases.

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  • C'est la vie:

    *****
    NTUC Fairprice/Finest and the SGovt operate on identical footing/pricing strategies ………… “if you can get away with it, just do it” !!!
    ***
    *****

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  • oxygen:

    BY GLOBAL STANDARDS, SUPERMARKETS IN LEE-jiapore have the fattest margin of net profit – I did some quick research months ago into their financial statements.

    Take Sheng Siong for example – if you bought their shares and hold it for nearly 5 years, your investment is almost doubled in value. Here is my proof.

    https://sg.finance.yahoo.com/chart/OV8.SI

    Why?

    It is a consistent fat profit earner. After tax margin is 6% to 8% on sales. It might not seem much but this is a volume-leveraged business with fixed overhead -irrespective of volume business turnover. If NTUC-Fairprice marked up of profit margin is as high as Sheng Siong, so must its earnings because it is far bigger in size and therefore has far bigger turnover every year. The last I checked its annual report, it is eaning slightly over 6% net margin AFTER DISCOUNT to its members (non-members pay much higher prices).

    When you compares the net profit margin to supermarkets in EU, USA, Australia, Canada and Hong Kong – such as Dairy Farm International, Loblaw, Walmart, Aldi, Tesco, Sainsbury etc etc – their net margin range from 0.4% (less than half of 1%) to 1.5% on sales.

    How many of those 70% too stupid to discover they are stupid to impossibility realizes these facts that supermarket prices in LEE-jiapore is 4X to 6X more expensive than other developed economies? Most of them are like DEAD FISHES GOING WITH THE FLOW of letting supermarket price running away with BIGGER AND BIGGER FOREIGN POPULATION INFLUX (if you don’t buy, someone from foreign country visiting or working here) will buy whatever we raise our prices. These daft 70% deserves what they voted for – IT IS FAIR.

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  • NTUC is PAP piggy bank:

    Singaporeans must never forget that NTUC is PAP’s “piggy bank” (or “cheque book”). This explains why NTUC is profiteering.

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  • Lifelong learning scam:

    i noticed it in NTUC especially, corksuckers… doing PAP’s bididng…

    everything went up from 30 cents to $2

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  • Rabble-rouser:

    Inside Coatout: If “PAP” might be the cause of this “relentless cost of living increases”, shouldn’t first try “relief””PAP” from the equation and see if things the same?

    Tell you the truth, your option of trying to “relief”"PAP” from the equation had never happened in history & will never happen into the future. You’ll need a thousand lifetimes – but by then will S’pore exist? Probably, the island would be underwater having been reclaimed by the oceans.

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  • Rabble-rouser:

    oxygen: BY GLOBAL STANDARDS, SUPERMARKETS IN LEE-jiapore have the fattest margin of net profit

    Cartel pricing & PAP’s uncompetitive market structures, mate!
    * Supermarkets are a cartel; [NTUC Supermarkets; Sheng Siong & Giant/Cold Storage (Dairy Farm HK)];
    * Telcos, too [Singtel; Starhub, M1 & incoming TPG]
    * Consumer electronics; [Best Denki, Courts, Harvey Norman, Gaincity, etc]
    * Utilities are a pseudo cartel but are actually a monopoly;
    * Public transport service providers are a cartel (SBS, SMRT, Tower, etc);
    * (Govt) Healthcare providers are a geographical cartel using a variety of subsidies to kill off the private healthcare providers (GPs);
    * (Public) Hospitals are also a geographical cartel but public accessibility is limited leaving the Private Hospitals leeway to capture the high-end or ‘Boh-Pian’ side of the market. But these days, even expatriates & rich people go to the public hospitals – they’re afraid of Private Hospital’s ‘Dr Susan Lim’s’ pricing mentality.
    * Of course, the biggest cause of it all, PAP’s ‘Asset Enhancement’ Policy which did a 1-way push on land prices – Brick ‘N Mortar elevated to such a high level that all prices are artificially inflated to cover this abnormality & price distortion.
    But can S’pore continue to have a 1st world Economy with wages bordering on 3rd world standards? It is a question that no one can answer! Especially the 70%!

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  • culprit ?:

    China!

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  • Jim:

    Keep voting papigs
    In the end you may have to prostitute your Wife or Daughter to pay the hefty tax
    Or the other alternative is to commit suicide like those who came out of casinos
    Completely broke

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  • @Rabble-rouser:

    that’s the funny part isn’t it?

    The same people who voted every 4~6 years for “PAP’s relentless cost of living increases” from “history into the future”, to the point that for some dried goods, nuts, dried prawns, now have to be “relieved” from their own country instead?

    Rabble-rouser: Tell you the truth, your option of trying to “relief””PAP” from the equation had never happened in history & will never happen into the future.

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  • Rabble-rouser:

    @Rabble-rouser:
    that’s the funny part isn’t it?
    The SAME PEOPLE who voted every 4~6 years for “PAP’s relentless cost of living increases” from “history into the future”, to the point that for some dried goods, nuts, dried prawns, now have to be “relieved” from their own country instead?

    But are they the SAME PEOPLE who voted PAP every 4~6 years? I think not! We need to look at the conversion rate of new citizen converts (votebanking) plus Dept of Statistics/ICA/SPF (Good conduct certificates issued) which won’t divulge on the number of citizens abroad nor the CPF on the numbers of renouncement of S’pore citizenship. Without these numbers, one can only speculate.
    “…for some dried goods, nuts, dried prawns, now have to be “relieved” from their own country instead?”
    Ha-ha-ha-ha! You make it sound so insignificant but without any strong job growth; no job protection against foreigners, the high cost of living in S’pore – smart families are sending their offspring overseas for studies & telling them not to come back after graduating. Around 10k to 20k S’poreans leave S’pore every year for foreign destinations. The 2 largest economies in the world (US – TPP, reshoring eg Broadcom; China -OBOR, trade diversion) are tightening the noose on S’pore. People are abandoning the S’pore ‘ship’ quietly while they still can. They can see that the future will not be better under the PAP.
    Like the proverb ‘The Straw that broke the camel’s back’ – “for some dried goods, nuts, dried prawns” could be the straw for some people. After all, the genesis for the French Revolution was a shortage of bread in France – the famous remark made by Queen Antoinette “Qu’ils mangent de la brioche” or ‘Let them eat cake!’ And the American Revolution started over a minor issue of English Tea & the Tea Act.

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  • @Rabbles rousers:

    Why “smart families” are sending their offspring overseas? No one smart enough to make their own citizen happy to stay in their own country?

    No one smart enough to make 8.8% GDP growth into good paying jobs and a future for these “smart families”, their offspring or for anyone who have to take ferry just to buy some dried goods, nuts, dried prawns?

    Rabble-rouser:

    “smart families are sending their offspring overseas for studies & telling them not to come back after graduating.”

    Rabble-rouser:

    Take the Ferry boat to Tanjong Pinang (Pulau Bintang). Go shopping at the dried seafood Markets.

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  • oxygen:

    @ Rabble-rouser

    WITH THE FATTEST PROFIT MARGIN on sales, supermarkets in Sinkieland is still working on a proposal to add a levy on their shopping bags – THESE ARE ALREADY PRICED IN into their costs structure.

    Rabble-rouser: Supermarkets are a cartel; [NTUC Supermarkets; Sheng Siong & Giant/Cold Storage (Dairy Farm HK)];

    oxygen: BY GLOBAL STANDARDS, SUPERMARKETS IN LEE-jiapore have the fattest margin of net profit – I did some quick research months ago into their financial statements.

    They should lower their prices instead but the problem for consumers is that, once the supermarkets lift their prices higher, IT NEVER COMES DOWN. Consumers can’t wait patiently enough for Amazon.dot.com to come in fast enough to add into the competition to keep them in check or offer some lines each day on special discounts.

    They won’t be able to standardize their own package design of each fresh produce items and forced consumer to pay their mark-up by SHRINKAGE OF SIZE for the same price in fooling consumers. Supermarket will be forced to price to unit measure of $XX.00 per 100 gm and CONSUMERS CHOOSE QTY.

    Only then you see each supermarket forced into unit price competition instead of packaging deception of their own defined PRICE MULTIPLY BY THEIR chosen QTY (each supermarket has its own qty standard packaging) leaving consumers difficult to compare offering competitiveness between each supermarket.

    Supermarkets are cunning. They choose price & they choose qty, consumers can’t compare. BUT IF WE CONSUMERS CHOOSE QTY, they choose price – THEY WILL BE FORCED TO BE COMPETITIVE ON PRICE to stay alive.

    Me hopes Amazon.dot.com will come to LEE-jiapore fast to give consumers some relief from the relentless rising price pressure in supermarket food shopping.

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  • Rabble-rouser:

    @Rabbles rousers: Why “smart families” are sending their offspring overseas? No one smart enough to make their own citizen happy to stay in their own country?
    No one smart enough to make 8.8% GDP growth into good paying jobs and a future for these “smart families”, their offspring or for anyone who have to take ferry just to buy some dried goods, nuts, dried prawns?

    No one can tell you what to do but there are out-of-the-box solutions if one chooses to open up their eyes (see deeply past face value) & open their minds (overcome indoctrination/fear mongering). When you write, you chose to create doubt about my suggestions but you choose either not to see or don’t want to see the reality about S’pore under the PAP.
    30% quota on local intake into NUS, NTU; you think that going to local university so easy for locals, meh! You think that the PAP is in the business of making you smart? If you’re really smart, you wouldn’t vote for the PAP. Tio boh?
    8.8% GDP growth! All show but meaningless numbers with no real ‘trickle down’ effect. The 8.8% GDP growth triggers huge bonuses for the Ministers, but just not for you (in terms of good jobs) nor for your benefit (in terms of higher wages & more disposable income). A lot of this nominal 8.8% GDP growth owes it’s growth to price/cost inflation ie. higher costs & a high inflationary rate (much higher than CPI). PAPpys love to say ‘The govt don’t owe you a living’. They are not in the business to make you happy.
    Take ferry boat suggestion for instance – can’t you do a group buy basis & just buy in bulk for a group? Online buying often have group buys to make things more efficient through cheaper freight cost. Everything cannot, then die already – don’t eat dried prawns or nuts! See if the PAP will make things cheaper for you, lor! Tan-ku-ku!
    If everything so difficult, go join a monastery & be a monk instead. No need for dried prawns because monks eat vegetarian food every day. No nuts for the monks then because public donations can’t cover the high price of nuts & they need to abstain. Guar kong wei tio boh?

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  • Rabble-rouser:

    oxygen: Me hopes Amazon.dot.com will come to LEE-jiapore fast to give consumers some relief from the relentless rising price pressure in supermarket food shopping.

    @ oxygen:
    The PAP manages the S’pore Economy very well for their own benefit. The S’pore public & consumers can go suck eggs for all they care. AirBnb had just gotten banned from operating in S’pore & the financial penalties for AirBnb hosts are very harsh & not worth the risk for them to do so. Uber/Grab ride share companies are different because S’pore SWFs have pre-IPO stakes in these 2 companies – whereas AirBnb were already listed. The taxi companies can be sacrificed to the ride share revolution & future IPO riches. And when Autonomous vehicles goes mainstream under ride share apps – taxi drivers & the driving vocation will eat ‘grass’.
    The forthcoming increase in GST will mitigate Amazon’s huge impact as online sales will be subjected to GST & Amazon todate is still unprofitable. Only their cloud opetations are profitable but the rest are bleeding red ink.
    S’pore are being squeezed out of the global food market by economic giant, China. Look at how the Chinese caused Shark’s Fin to be banned from the dinner menu. Now they have developed a taste for the durian – there isn’t enough M’sian durians around to fill China’s appetite.
    Look at how the China milk scandal in 2008 had caused baby formula milk price distortion (to spike upwards) & how the S’pore Distributors profiteered by hiking up S’pore prices (to SG$60/tin) to 3x Australian prices (ie. A$20/tin @ Woolies & Coles). It took PAP MP Tin Pei Ling who had a baby on 2015 (a total lapse of 7 years) to raise a ruckus in Parliament about the high price of baby formula milk. Only then the govt & NTUC acted to bring down the high baby formula milk price to the public.
    China’s OBOR drive will further affect S’pore’s geographical & trade position – trade routes will be re-routed to bypass S’pore in favour for China’s bigger & more liquid consumer market. S’pore will face the possibility of trade deviation (higher shipping cost) as well as high food price competition from a richer China with a greater volume of trade. And I got someone arguing with me over dried prawn & nuts from another thread without seeing the BIG PICTURE.

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  • Rabble-rouser:

    @Rabbles rousers:
    their offspring or for anyone who have to take ferry just to buy some dried goods, nuts, dried prawns?

    When Chinese consumers had no trust in their domestic baby milk formula products in the aftermath of the 2008 China adulterated milk scandal. A number of smart Chinamen took to taking flights out to Australian or NZ cities to buy tins of baby formula milk in bulk & return to China to sell them for a profit. Others got their Australian or NZ domiciled relatives to buy in bulk & shipped under parcel post or using DHL/Fedex forwarders. When China people can think of out-of-the-box solutions to circumvent domestic problems & take action; but yet I see S’poreans resigned to their fate & say boh-bian. It’s damn sad to see that. Over 50 years of PAP rule had retarded the S’porean mentality & psyche to that of a fool – fearful; doubtful & eating a lot of B*ll Sh*t. Everything either cannot, dare not or simply too exhausting to think for solutions – just pay, lah! In the end, S’poreans just screwed themselves by paying the high prices.
    In trading – there is a practice called PRICE ARBITRAGE – ie. if prices in one market is (artificially kept) simply too high while the prices are much lower in other markets – there is an PRICE ARBITRAGE OPPORTUNITY. But people in S’pore are either too rich or simply can’t be bothered (too stressed out from working long hours to care). They rather see the insignificance of ‘taking the ferry boat’ as an excuse not to rather than taking affirmative actions to reduce the high S’pore prices. Same thing like voting, 70% says ‘What can the opposition do for me?’ & voted for PAP because of this thinking. And yet taxes goes up despite PAP’s pre-election promises saying no such thing! This PAP pattern was there for voters to see from past events & to remember yet they refused to see & choose to remain in denial. Frankly there is no hope for S’pore!

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  • Rabble-rouser:

    Inside Coatout: No need pay Medishield?
    Citizen must make way for their country’s relentless cost of living?, and not the country relentlessly making ways for its citizen’s living?
    If “PAP” might be the cause of this “relentless cost of living increases”, shouldn’t first try “relief””PAP” from the equation and see if things the same?

    Same sort of the Boh-Chup/Boh-Bian attitudes & the ‘easy to do’ talk mentality & thinking we have here in S’pore! Coffeeshop talk is easy to do (a lot of uncles talk loudly against the PAP/cursing them in kopitiams but quietly vote PAP out of fear of reprisals). But when one has to do their sums & understands the system that the PAP had enacted to preserve their power – it’s far easier to go to hell personally than to remove them from power.
    At the end, people must choose the ‘PATH OF LEAST RESISTANCE’ for themselves. If removing the PAP is far harder than emigrating to a better place – that is the path of least resistance to take. Why go on knocking your head against the wall?
    Also, overseas S’poreans can now apply for suspension of Medishield premiums – so what’s the problem?
    And overseas S’poreans these days are now fettled & fawn over by the PAP. The IPO success of Razer in HKSE & Razer’s oversea-based S’porean CEO, Tan Min-Liang had created a game-changer. PAP Ministers these days go on overseas trips to meet-&-greet overseas S’porean communities & listen to their concerns re: Grace Fu’s recent trip! Also dual citizenship is being discussed in Parliament to accomodate overseas S’poreans & to preserve CPF from being taken out via S’pore citizen renunciation. You get my point?

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  • @Rabble rousers:

    Chinese gained bad reputation, hatred, despised and guarded by many local Aus and NZ people because of this milk powder bulk buying fiasco.

    This think out-of-the-box solutions circumvented domestic problems but dumped the same shit on other people, pushed the problem to other people’s government.

    Anywhere else in the world, when their citizen have an issue, the government of the day will step in to solve it domestically, otherwise they will quickly be replaced.

    In China, people cannot vote to change government, so bo bian, must themselves “think-out-of-the-box”.

    Singaporean must also follow to drive up prices, induce shortage in JB and Tanjong Pinang? want the same bad rep like in the milk power fiasco?

    SG government same as CCCP?

    Rabble-rouser: When Chinese consumers had no trust in their domestic baby milk formula products in the aftermath of the 2008 China adulterated milk scandal.

    A number of smart Chinamen took to taking flights out to Australian or NZ cities to buy tins of baby formula milk in bulk & return to China to sell them for a profit.

    Others got their Australian or NZ domiciled relatives to buy in bulk & shipped under parcel post or using DHL/Fedex forwarders.

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  • @Rabble rousers:

    In 1963, US was under a Democrat President but in 1969 was a Republican government, then Democrats in 1977, Republican in 1981, went to Democrats in 1993, Republican again in 2001, Democrats came back in 2009, and now Donald Trump.

    Throughout the same 50 odd years, when some people dislike their existing “reality”, they tasked a different governing party for a different “reality”.

    Now a question for the open eyes (see deeply past face value) and the open minds (overcome indoctrination/fear mongering);

    When you write, you chose to create or see that “reality about S’pore under the PAP” or “reality about S’pore is the PAP”?

    tio boh?

    Rabble-rouser:

    if one chooses to open up their eyes (see deeply past face value) & open their minds (overcome indoctrination/fear mongering).

    When you write, you chose to create doubt about my suggestions but you choose either not to see or don’t want to see the reality about S’pore under the PAP.

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  • Political cleansing:

    of population?

    Rabble-rouser: it’s far easier to go to hell personally than to remove them (PAP) from power.

    At the end, people must choose the ‘PATH OF LEAST RESISTANCE’ for themselves.

    If removing the PAP is far harder than emigrating to a better place – that is the path of least resistance to take. Why go on knocking your head against the wall?

    is PAP now a wall?

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  • Rabble-rouser:

    @Rabble rousers:

    Singaporean must also follow to drive up prices, induce shortage in JB and Tanjong Pinang? want the same bad rep like in the milk power fiasco?

    Unlike Chinamen – S’poreans very passive & kwei (dare not make noise)!
    It took PAP MP Tin Pei Ling who had a baby on 2015 (a total lapse of 7 years beginning 2008) to raise a ruckus in Parliament about the high price of baby formula milk. Only then the govt & NTUC acted to bring down the high baby formula milk price to the public.
    But in the process of 7 years, how many families decided not to have a baby because of the high cost of bring them up which includes the high cost of baby milk formula. It means that you’re supportive of PAP’s genocidal policies against locals? So you want to be a hero to the foreigners eg. in JB & Tanjong Pinang (for appearance sake) but at the expense of our local population growth. Aren’t you a PAP Mole & a geonocidal maniac?

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  • Rabble-rouser:

    @Rabble rousers: When you write, you chose to create or see that “reality about S’pore under the PAP” or “reality about S’pore is the PAP”?
    tio boh?

    Dunno what you’re trying to say?
    US politics doesn’t concern me or my writing because they’re half a world away from S’pore. To Americans; many thinks S’pore is part of China. That alone is good enough for me not to care about US politics.
    I’m not writing about the PAP (who cares about them) but as a true S’porean concern about the direction of S’pore’s future. In another 20 years, the S’pore that we grew up with will be long gone – morphed into a totally different country – selfish, money minded & an unfriendly place without any distinct culture nor national identity.
    S’pore is already in decline. Even our hawker food cuisines are dying at the root – children unwilling to continue their parent’s hawker legacies. S’pore (under the PAP) have demolished many of the historical landmarks that defines S’pore’s past & replaced them with artificial beauties of homogeneous modern architecture that is common in many newly constructed metropolis around the world. In the pursuit of wealth & GDP growth, S’pore had also lost it’s cultural identity & the uniqueness as people who had a common identity. Now we have PRC speaking Pu-Tong Hua as Chinese; Tagalog speaking pinoys as Malays & Hindi-speakers from India as Indians. We even have an Indian as a Malay President!
    Like my mate oxygen says S’pore should be called “Leejiapore” instead of S’pore – such are the changes that had fundamentally caused the genocidal termination of all thing S’pore to all things that is power & money! Tio boh?

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  • @Rabble rousers:

    somewhere closer; in 1963 Liberal/National parties formed the Australian government, in 1972 Labour won the right, in 75 Lib/Nat took it back, then in 83 by Labour, 96 Lib/Nat, 2007 Labour 2013 Lib/Nat

    Throughout the same 50 odd years, when these other people dislike their existing “reality”, they tasked a different governing party to bring a different “reality”.

    So again, when you write, you chose to create or see “reality about S’pore under the PAP” or “reality about S’pore is the PAP”?

    Rabble-rouser: Dunno what you’re trying to say?
    US politics doesn’t concern me or my writing because they’re half a world away from S’pore. To Americans; many thinks S’pore is part of China. That alone is good enough for me not to care about US politics.
    I’m not writing about the PAP (who cares about them) but as a true S’porean concern about the direction of S’pore’s future. In another 20 years, the S’pore that we grew up with will be long gone – morphed into a totally different country – selfish, money minded & an unfriendly place without any distinct culture nor national identity.
    S’pore is already in decline. Even our hawker food cuisines are dying at the root – children unwilling to continue their parent’s hawker legacies. S’pore (under the PAP) have demolished many of the historical landmarks that defines S’pore’s past & replaced them with artificial beauties of homogeneous modern architecture that is common in many newly constructed metropolis around the world. In the pursuit of wealth & GDP growth, S’pore had also lost it’s cultural identity & the uniqueness as people who had a common identity. Now we have PRC speaking Pu-Tong Hua as Chinese; Tagalog speaking pinoys as Malays & Hindi-speakers from India as Indians. We even have an Indian as a Malay President!
    Like my mate oxygen says S’pore should be called “Leejiapore” instead of S’pore – such are the changes that had fundamentally caused the genocidal termination of all thing S’pore to all things that is power & money! Tio boh?

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  • Unlike Chinamen:

    If even PAP Tin Pei Ling can raise “ruckus” to help family needing baby formula, what would non-PAP non-”Tin Pei Ling” do for ordinary Singaporean?

    In SG, no ordinary citizen want to be hero to foreigners, not even those already in the tiny island crowding out everything – but only want to be fair.

    What kind of person or government for the sake of “local population” allow “genocidal” act on other people’s daily necessities, price stability and food supplies? – Nazi? Imperial Japan?

    Even “PAP Mole” still need to talk some sense, right not?

    Rabble-rouser: Unlike Chinamen – S’poreans very passive & kwei (dare not make noise)!
    It took PAP MP Tin Pei Ling who had a baby on 2015 (a total lapse of 7 years beginning 2008) to raise a ruckus in Parliament about the high price of baby formula milk. Only then the govt & NTUC acted to bring down the high baby formula milk price to the public.
    But in the process of 7 years, how many families decided not to have a baby because of the high cost of bring them up which includes the high cost of baby milk formula. It means that you’re supportive of PAP’s genocidal policies against locals?

    So you want to be a hero to the foreigners eg. in JB & Tanjong Pinang (for appearance sake) but at the expense of our local population growth. Aren’t you a PAP Mole & a geonocidal maniac?

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  • oxygen:

    # @ Rabble-rouser

    MATE, WHY DON’T YOU CHOOSE A DIFFERENT MONIKER TO FACILITATE your differentiated viewpoint for debating discourse?

    @Rabble rousers: somewhere closer; in 1963 Liberal/National parties formed the Australian government, in 1972 Labour won the right, in 75 Lib/Nat took it back, then in 83 by Labour, 96 Lib/Nat, 2007 Labour 2013 Lib/Nat

    Throughout the same 50 odd years, when these other people dislike their existing “reality”, they tasked a different governing party to bring a different “reality”.

    So again, when you write, you chose to create or see “reality about S’pore under the PAP” or “reality about S’pore is the PAP”?

    My views aligns with @ Rabble-rouser generally on this thread. With respect to Australia, there is NO EQUIVALENT as such of a caricature of your creation of “reality about S’pore under the PAP” or “reality about S”pore is the PAP”.

    Of the political swings between Labor and Liberal/National Country party over the 50 years Down Under, the kaliedoscope of political landscape changes rapidly and sometimes policy preference varied profoundly giving voters the salivating choice to make between conservative politics and reformist thinking. Gough Whitlam came in on welfare politics favoring labor. He was then sacked by John Kerr, then Governor-General when Senate block the money bill.Bob Hawke sold out Coronation Hill gold-copper project (Kakadu which I lost a princely sum betting on BHP Gold) to appease Green Party two-party preferred preference to take govt. Paul Keating was a reformist – he floated the A$, smashed down tariff protection in line with the Green Paper recommendations, abandon wage fixing in favor of collective bargaining, reform the tax structure. He won the 1993 “unwinnable election” shutting down Liberal Party GST tax proposal. In the end voters got tired of him. They choose John Howard who emerged as a unifying force after so much political infighting within its own rank – J. Howard was dumped 3 times as Party Leader before he became PM. He stayed long because Labor Mark Latham made a monumental mistake of violent handshake on election eve telecast live on dinner prime time television. Women voters deserted Labor across Australia – they don’t want a Gonad Trump type violent thug handshake to represent Australia despite the dull performance in office of John Howard. Like all dinners, the meal turns cold over time, voters dumped Howard to sinophile Kevin Rudd as China emerged stronger on world stage. And of course, Julia Gillard was also a big reformer.

    to be continued.

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  • oxygen:

    continued from above – Australia through 50 years have a buffet of choices between reformers and sleepy conservatives looking after business interest. Voters dumped Pauline Hanson and voted her into Parliament and then ditched her party in the Queensland state election. In the play, both Labor and Liberal/National Country Party do horse trading with Greenies and independents who hold the balance of power.

    There is no such a thing as “reality about Australia under Labor or Liberal/National Country Party” or “reality about Australia is Labor or Liberal/National Country Party” of your mythical construction.

    Whether it is Labor or Liberal/National Country Party in Government, POLITICS AND POLICY FORMULATION AND CHOICES are strongly reformist, particularly when Labor in Government. Gough Whitlam big welfare politics vaporize in 50 years from free tertiary education to fee paying under Howard (Liberal/even Julia Gillard (Labor). Australian dollar is still free floating with no RBA intervention. Race-based politics rises and ebbed just like Greenies. Both parties seek reconciliation with native indigenous population of restorative justices given and happily supplied.

    We don’t hear of such nonsense as PAP is Singapore and Singapore is PAP type politics in Australia that PAST TENSE worshiped – he has gone to TERN SUA and I hope this kind of politics remains with him in TERN SUA, never to haunt S’pore again.

    Outside politics, Gough Whitlam and Malcolm Fraser – arch enemy in political days are best of mates in public issues they share interest in. Julia Gillard lecture Tony Abbot of misogyny was television big news in political capital around the world send him congratulations when he won his re-election back into office. There is no personality relevance in politics Down Under – it is policy difference that separates them and within party, policy difference were fought out in party rooms which see a leader displaced by its own party – HAWKE BY KEATING, RUDD BY GILLARD, ABBOT by TURNBULL etc.

    In LEE-jiapore it is one party flavor – no fiacking reform. Sinkieland is allegedly PAPpy and PAPpy is Sinkieland. And I read in the media that the 4th generation leaders are of caterpillar mentality of no rocking the boat to avoid policy “discontinuities” – TOTALLY DISREGARDING THE STAGGERING IMPACT OF FAILED MAJOR POLICY PILLAR such as population overload impact on broken down public transport infrastructure.

    WHERE IS THE VOTER’s choice in this RUBBISH “no reform party politics”? If you want reform, VOTE PAP out!!

    Your construct of “reality about Spore under PAP” and “reality about Spore is the PAP” is your creative imagination of fiction of comparing to Australia.

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  • @oxygen:

    “one party flavor” as in there is only one party or you meant
    one party “favor” as in a preference for one particular party?

    If you said “Sinkieland is allegedly PAPpy and PAPpy is Sinkieland”, is that not the same as to ask is “Spore under PAP” or if “Spore is the PAP”?

    oxygen: In LEE-jiapore it is one party flavor – no fiacking reform.

    Sinkieland is allegedly PAPpy and PAPpy is Sinkieland.

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  • Rabble-rouser:

    @ oxygen:
    Thanks mate! PAP IBs will be PAP IBs at the end – famous for arguing using flawed logic, deliberatly confusing/distorting authoritarianism for ‘political stability’ via a passive electorate vs. democratic govts & the active electorate, their collective votes for dynamic changes being ‘flip-flop’ politics.
    Sadly, they have no fair fight in them & will alway pick bones & argue for argument sake rather at our level – either with grounded intellectual/ rationale logic or at experiential level (been there, seen it; done that).
    Methinks that they’re doing for the pay (PAP IB Jason) & that they are hollow inside – never lived abroad nor experience democracy like our MR CHAMELEON (always changing moniker for every response). Ha-ha-ha-ha.
    Are you there MR CHAMELEON?

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  • oxygen:

    # @oxygen

    THIS IS PRECISELY THE IMPOSTER #@ Rabble-rouser is laughing at himself/herself in the mirror.

    @oxygen: If you said “Sinkieland is allegedly PAPpy and PAPpy is Sinkieland”, is that not the same as to ask is “Spore under PAP” or if “Spore is the PAP”

    Since #@ Rabble rouser or his/her reincarnation as #@oxygen is confident that “Spore under PAP” or if “Spore is the PAP” is ONE AND THE SAME, how does this imposter not shameful to assert

    @Rabble rousers: When you write, you chose to create or see that “reality about S’pore under the PAP” or “reality about S’pore is the PAP”?

    IMPOSTER IS EVEN SHY TO HAVE HIS/HER UNIQUE MONIKER!

    But for the simplicity of public truth – whether LEE-jiapore is PAP or PAP is LEEjiapore – it is an indictment of their utter failure compared to Down Under.

    After 50 years of one-party rule without interruption i.e. 50 years of continuity of policy pillar formulation and implementation, we found this confession from PRESENT TENSE

    - in 2015, the economy MAXED OUT
    - in 2016, restructuring failed
    - 2017 – the Committee for Future Economy, WE DON’T KNOW WHAT TO SAY!

    And Tharman told the world, practically, in New Dehli, our population influx policy is BOTH POLITICALLY AND ECONOMICALLY STUPID.

    That is stupid to THE COMPLETENESS OF UNIVERSALITY FROM POLITICS TO ECONOMICS!!

    In Australia, if we have this sort of government in incumbency, THEY WOULD HAVE BEEN SACKED LONG LONG AGO, never to return – forget about the ownself-cheque-ownself multi-million dollar paychecks.

    And now one word of rejoinder for my mate the original @ Rabble-rouser. You can’t expect desiccated coconuts without our depth of overseas experiences to see realities from their own fictional construct of fantasy and self-delusion.

    Rabble-rouser: Thanks mate! PAP IBs will be PAP IBs at the end – famous for arguing using flawed logic, deliberatly confusing/distorting authoritarianism for ‘political stability’ via a passive electorate vs. democratic govts & the active electorate, their collective votes for dynamic changes being ‘flip-flop’ politics.

    WE SHALL LEAVE IT AT THAT, MATE.

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  • Screwdriver:

    @ Matrix Neo

    It’s not predatory pricing but a sign of the times.

    If you want things to be cheap then move out of Singapore.

    Try Malaysia, everything is a bargain there including their women.

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  • oxygen:

    @ Screswdrive

    WHEN DOES THAT “sign of the times” begin? You have not specify or substantiate with any definition nor facts & figure.

    @ Matrix Neo is right of his grouses of rising uncooked food prices in supermarkets which my informed source told me.

    Screwdriver: It’s not predatory pricing but a sign of the times.

    At least my research told me of these facts.

    oxygen: BY GLOBAL STANDARDS, SUPERMARKETS IN LEE-jiapore have the fattest margin of net profit

    Take Sheng Siong for example – if you bought their shares and hold it for nearly 5 years, your investment is almost doubled in value. Here is my proof.

    https://sg.finance.yahoo.com/chart/OV8.SI

    Why?

    It is a consistent fat profit earner. After tax margin is 6% to 8% on sales. … If NTUC-Fairprice marked up of profit margin is as high as Sheng Siong… The last I checked its annual report, it is eaning slightly over 6% net margin AFTER DISCOUNT to its members (non-members pay much higher prices).

    YOU CAN’T REFUTE MY FACTS AND FIGURES – if you do your research to fact check.

    and another viewpoint has this

    Rabble-rouser: Cartel pricing & PAP’s uncompetitive market structures, mate!
    * Supermarkets are a cartel; [NTUC Supermarkets; Sheng Siong & Giant/Cold Storage (Dairy Farm HK)];

    This appear to be correct – looking at the published financials.

    LET ME GIVE YOU ANOTHER TIP – 8 years ago, I checked the profit margin of BREADTALK – thinking that I could invested in its SGX-listed shares. I got a shock of this discovery. Yes, they a profitable an expanding regionally BUT….

    they were earning after tax of roughly $10K PER YEAR PER UNIT OF OUTLET!! That is for cooked food – its net profit margin was not merely bikini thin slim. You could say that it is G-string slim and therefore very vulnerable to any costs of increase in wages and overhead including the interest costs of borrowing financing to fund its expansion.

    I DECIDED THAT I WON’T BUY ITS SHARES for investment. The risks/return balance was weighing too much risks for too little return of vulnerabilities protection & wealth addition.

    Imagine this $10K per yr per outlet works out to be mere $833 per month per outlet. Their outlets look busy with customers buying. So if their sales drop by $833 per month, or cost increase by the same, they lose money!!

    How can uncooked supermarket food priced at such fat margin…

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  • Rabble-rouser:

    @@ Mr Chameleon:
    “one party flavor” as in there is only one party or you meant
    one party “favor” as in a preference for one particular party?

    If you said “Sinkieland is allegedly PAPpy and PAPpy is Sinkieland”, is that not the same as to ask is “Spore under PAP” or if “Spore is the PAP”?

    Ha-ha-ha-ha! your comment is just like the paradoxical cause-&-effect question ‘does the egg comes first or does the chicken comes first?’ or even better, the logic twister – ‘does the cart comes before the horse or the horse before the cart’. Both are elementary but mind-boggling to those who have a simple mind like yourself, Mr Chameleon! Here’s some education on politics for you!
    In Democratic institutions, the country & it’s people are a constant (but a dynamic constant) but politics are variable ie. a wide spectrum spanning from far right (conservatism, anti immigration to preserve homogenuity, embracing religious values) to far left (liberiatarian, socialist values, embracing free immigration for diversity, atheists – rejection of religious dogma etc). Usually the most desirable is the middle ground of politics. The ideal of democracy is the check-&-balance mechanism not only to rein in ‘the abuse of power’ (re: LHY/LWL’s own words) but also to reflect the will of the people for reforms & shifts in attitudes (death penalty, criminalization of LGBT people).
    But if a single political party morphed into a country through Authoritarism – then “Houston, we have a problem!” – Politics become self-serving; political elites become an aristocratic class; Sustaining Power overrides Economics; economic reforms become harder to implement & creativity & innovation goes out the door & window.
    Authoritarism is an end-game product. It has no longevity. The signs of an end-game are corrosion (total reduction of human rights, no feedback loop ie. “I speak, you listen – no questions”, legal shennanigans); cronyism & nepotism (innate capability replaced for political colours, bloodlines, blind loyalty & obedience) & top-end welfarism (political elites/ aristocracy, high pay with no responsibility, no accountability, etc – SMRT *sic*).
    And the signs of an impending decline are extravagant spending on ‘white elephants’ & monolith structures instead of on society (education, health, real economic growth) & on the people. Smart ones begins to leave for greener pastures while those with ‘Stockholm Syndrome’ stay behind because of their blind fear of the outside world & because they want what’s left of their eroding comfort zone.
    A country comes before politics, mate; not the…

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  • Rabble-rouser:

    oxygen:
    @ Screswdrive

    LET ME GIVE YOU ANOTHER TIP – 8 years ago, I checked the profit margin of BREADTALK – thinking that I could invested in its SGX-listed shares. I got a shock of this discovery. Yes, they a profitable an expanding regionally BUT….

    they were earning after tax of roughly $10K PER YEAR PER UNIT OF OUTLET!!

    @ oxygen:
    I’ve also looked at BREADTALK not for share investment but from a business perspective & at their money making model. Because I noticed that BREADTALK was expanding like crazy. I saw 3 disturbing facts about BREADTALK:
    1. PAYING HIGH RENTALS FOR PROMINENT SPACE
    BREADTALK outlets are all very well-located & have good facings. But these come at very high rentals.
    2. CROSS SUBSIDIES BETWEEN OPERATIONS
    BREADTALK buns & bakery stuff are super expensive – I buy my buns from another bakery for half the price they’re asking for theirs. Usually there are always a TOAST BOX outlet (Kopitiam) alongside the bakery. The kopitiam outlet are generating good sales but the bakery are probably losing money. At 9.30 pm, their buns are still lying around unsold. Their food court operations (REPUBLIC FOOD COURT) are probably breaking even because of the high rents.
    3. EXPANDING LIKE CRAZY
    BREADTALK had expanded into virtually every Mall in S’pore. They saturated the market through relentless expansion similar to fast food models; hence they can show revenue growth. But like S’pore & PAP’s population policy – it’s a pure numbers game which is unsustainable – not one that is based on positive cash flows & real profitability using profit margins & efficiency.
    CONCLUSIONS
    BREADTALK is probably:
    * working for the REITS & Landlords (Mall owners);
    * using it’s listed status to borrow from banks & regular cash calls from shareholders ie. rights issues to fund it’s continual & relentless expansion.
    * their business model is unsustainable – ripe for a sudden death because their overhead structure & financial obligations (lease) are all fixed but their sales are subject to prevailing economic climate.
    The same goes for SGX-listed JUMBO & NO SIGNBOARD RESTAURANTS which are even more sensitive to consumer confidence.

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