To roast Mars and Hersheys' nuts
and that was the headline i used when writing my story today on Olam International, which bought over US-based Universal Blanchers for US$77 mln. =P
there are days when your colleagues seem to zone out and act with diminished intelligence.
today was one of those days.
incident 1:
i was done writing a story on how Ezra Holdings (shipping company) had a subsidiary listing on the Oslo bourse.
fifteen minutes later, colleague A asks out loud "where is Oslo?"
me: Oslo is in Norway.
A: what kind of name is that to call a stock exchange?
me: Oslo is a place in Norway. the oslo stock exchange is just like the Singapore stock exchange.
colleague A shrugs.
incident 2:
colleague B asks, "where is the land of the rising sun? is it Vietnam?"
A: China!
me:...no. it's Japan.
i was getting increasingly appalled by this point, then came incident 3:
colleague A asks "which politician owned SingTel?"
me: he's not a politician, but lee hsien yang, prime minister lee hsien loong's brother.
A: so he owned SingTel?
me: no, he manages SingTel, he doesn't own it.
(not that SingTel - Singapore Telecommunications - is a government-linked company which has a huge market cap and is listed on the mainboard of the Singapore exchange. it is also a stock we cover every evening during our market wrap.)
A: SingTel is not a locally-listed stock, is it?
colleague C gasps in horror...saying, "are you serious? we cover it EVERY NIGHT!"
A: oh yeah.
i'm seriously worried about the future of my company. =P
that said, our latest blog on investorcentral.blogspot.com (written by A and B) worries me.












