socrates469bc

softbank made the lucky investment into alibaba's early yrs and then yahoo japan, but both initial investments totaled ard usd50m or so. then the valuations of both investments shot up in the past 20 yrs and the nippon banks lent son-san the money implicitly based on those stakes. add in the ultra-low nippon rates, softbank managed to finance their buyouts of strategically important arm, nvidia and profitable softbank corp. if u look at softbank's accounts, u will find that those money-losing ventures like uber/grab/we work etc r parked under his vision fund while the profitable ones like softbank corp r parked in his softbank mother holding. so essentially, son-san is gambling mostly with other people's money and not his own.

too old an ah lian for my taste. an ah lian below 25 is the most ho jiak. once above 25, u find her english to be too cancerous for u to jiak in peace.

gxgx to kgk xdd and meng huat kor kor on their coming-out-of-the-closet relationship. may the both of u enjoy jiaking each other for eternity.

kgk xdd wants to go work as mangala at the construction site nearby and jiak the many mangala kks' pgd???

softbank is lucky to have bought a stake in alibaba during its early yrs and managed to market yahoo japan into the country's dominant search engine, then came along softbank corp. these 3 investments form the cash cow of the company. if not, softbank would most likely have collapsed within a yr based on how son-san burn money. son-san is also very smart to have mostly use other investors' money to buy all those nonsensical start-ups via his vision fund where uber/grab/oyo/slack r parked under. accounting wise, becos softbank mother only own ard a 20% stake in vision fund, all those nonsensical investments will not appear in the consolidated accounts and be written off in the vision fund account. in other words, his softbank mother will be ringfenced against bankruptcy to a certain extent while vision fund investors will be left holding the majority of any writeoffs. just goes to show there r no lack of 'intelligent' kgks in the world.

kgk xdd jin hardworking, chambermaid until ot. ur atb customer has very skinny legs and she wearing high heels. so later, is she playing dominatrix with u as doggy slave???? btw, kgk xdd shld be near parc sophia since i think that is parc sophia in the background. from ur atb customer's room view, she shld be staying at the residency.

rebecca has one of those slightly matured girl-next-door look, like the older sister u always have wet dreams for. at least she can speak in proper standard english without the ah lian accent despite graduating from the uni of ah lians. i cant stand girls who speak in proper ah lian-accented english now.

interesting article on softbank, its nonsensical investment philosophy and its impact on the contractors. at this rate, i wouldnt be surprised if softbank collapse under the weight of theses nonsensical investments. thats why i was and never a believer in the grab/uber biz The SoftBank Effect: How $100 Billion Left Workers in a Hole SoftBank poured money into start-ups that use armies of contractors. That has upended the lives of drivers, hotel operators and real estate agents around the world. By Nathaniel Popper, Vindu Goel and Arjun Harindranath Nov. 12, 201 By Nathaniel Popper, Vindu Goel and Arjun Harindranath Nov. 12, 2019 For five years, Sunil Solankey, a retired captain in the Indian Army, had run the 20-room Four Sight Hotel in a New Delhi suburb. Business was steady, but he longed to make the establishment a destination for lucrative business travelers. Last year, a hospitality start-up called Oyo told Mr. Solankey that it would turn the Four Sight into a flagship hotel for corporate customers. It guaranteed him monthly payments whether the rooms were booked or not, as long as he rebranded the property with Oyo’s name and sold the rooms exclusively through its site. At Oyo’s request, Mr. Solankey sank 600,000 rupees, or $8,400, into reupholstering the hotel’s furniture and adding new linens. But corporate guests did not materialize, and Oyo stopped making the payments. Now he is on the verge of eviction. Mr. Solankey is one of millions of workers and small-business people who worked with start-ups financed by the biggest venture capital fund in history, the $100 billion Vision Fund run by the Japanese conglomerate SoftBank. The fund was part of a flood of money that has washed over the world in the past decade — and that has upended people’s lives when the start-ups broke their promises. ......................... https://www.nytimes.com/2019/11/12/technology/softbank-startups.html

ah huat just answered ur question. i think they took a leaf from masayoshi son.

chin is sharpened, skin tone is lightened while eye is made bigger. however, neh neh looks like a genuine d cup.

our favorite kgk xdd was temporary incommunicado while exploring a valley of pgd.

the maritime transport industry is actually way ahead on emission reduction measures than most people think. the earliest measure being implemented was efficient cruising speed by taiwan's evergreen and was subsequently adopted by other liners. then along came water dynamic hull designs followed by cogas engines. all these came abt for the need for profitability and efficiency, so who says being environmentally friendly isnt profitable? https://www.reuters.com/article/us-climate-change-shipping-analysis/shippers-shine-torch-in-every-corner-as-pressure-to-cut-co2-grows-idUSKBN1X21II for evs to be 100% non-polluting, the only stable base power source to power them will be nuclear followed by solar energy. i think the most important issue for evs is the need to overcome the long charging time needed and to upgrade the electricity grid to support the evs coming online.

china is now too busy trying to contain their financial malaise now to be concerned by mad-rational Trump's tantrums. https://www.scmp.com/business/china-business/article/3038299/expect-beijing-rescue-more-chinas-troubled-small-banks-say https://www.scmp.com/business/china-business/article/3038444/major-chinese-electronics-maker-tunghsu-seeks-government

which brings up an interesting question. is there any transparency on the fund usage by religious organisations obtained from alms giving???? i have 0 trust in the financial accountability of many charities, be it secular or religious. btw, i been reading this book on the vatican recently.

i wonder if anyone really did a full economic environmental impact study on evs?? r evs really environmentally less polluting becos u still need to burn coal/ng/oil to generate the electricity. thus despite cutting down on usage of gasoline on one hand, there is still the increased in power generation. so in the end, the net impact could be negligible or even more carbon emission. add to this, there is the mining of rare earth which is environmentally contaminating if not mined and processed properly. finally, there is the recycling of depleted rechargeable lithium-ion batteries to think of.

allow me to say a prayer for him. as kgk xdd @HarrisY is licking thru the many valleys of pgd, we pray that he will fear no sais or worms for we know he will overcome.

yeah, kgk xdd is jin hardworking as chambermaid. sgx sti start trading at 9am, he start cleaning pgd at 8am. i think he even go out earlier than tony.

jin sakti, so early start work as chambermaid at atb house. but jin kumgong to come back sgp to jiak atb pgd instead of tiongland when kgk xdd was in tiongland for a week.

one can be a sakti kia in sgp, kl, bkk, shanghai and then back to sgp. then this is really a sakti kia, kgk xdd.

4-star hotel buffet and jiak cai png dishes. thats why the atb hostesses at 4-star novotel see our kgk xdd no up. no wonder the atb hostesses dont want to give him chance.

alrdy said there was alot of order front-loading late last yr. add in new petchem refineries ard the region coming online in the past yr, of cos petchem exports will fall. but the kgks in brokerages/banks/edb/mof dont believe.

alrdy said there were alot of order frontloading late last yr, but kgks in brokerages/edb/mof dont believe.

the old man have undoubtedly the strongest acumen on property investments in the world and invests the profit into cash-generating businesses. his 30% luck helped him won his most important gamble of his life way back in 1967.