When failure is actually a blessing in disguise

[ricohflex]

New bank rule may force DBS to end Danamon bid

Phew!

What a lucky escape, if the deal fails.

It is not always a good idea to dump billions buying foreign businesses.

Look what happened after Singtel bought Optus.

If Sheldon Adelson had invested billions building a Sands casino in Indonesia, what would have happened?
Wisely, he chose Singapore.

In a fictional foreign country - after a business has invested billions in that country:
the rules can change; new Presidents have different ideas; political pressure groups impose new rules to arm twist you.

 

[Shizuma]

Da Bian Sai is a crap bank with crap management

 

[Sion]

New bank rule may force DBS to end Danamon bid

Phew!

What a lucky escape, if the deal fails.

It is not always a good idea to dump billions buying foreign businesses.

Look what happened after Singtel bought Optus.

If Sheldon Adelson had invested billions building a Sands casino in Indonesia, what would have happened?
Wisely, he chose Singapore.

In a fictional foreign country - after a business has invested billions in that country:
the rules can change; new Presidents have different ideas; political pressure groups impose new rules to arm twist you.

Give it another 35 years.

History will have a clearer picture of the wisdom. :bsmilie:

 

[cks2k2]

New bank rule may force DBS to end Danamon bid

Phew!

What a lucky escape, if the deal fails.

It is not always a good idea to dump billions buying foreign businesses.

Look what happened after Singtel bought Optus.

If Sheldon Adelson had invested billions building a Sands casino in Indonesia, what would have happened?
Wisely, he chose Singapore.

In a fictional foreign country - after a business has invested billions in that country:
the rules can change; new Presidents have different ideas; political pressure groups impose new rules to arm twist you.

the problem with indonesia and many emerging markets is their govt's like to change rules on a whim.
but many see the potential payoff a risk worth taking. :dunno:

 

[hanzohattori]

the problem with indonesia and many emerging markets is their govt's like to change rules on a whim.
but many see the potential payoff a risk worth taking. :dunno:

I recall a certain policy scheme introduced recently.. :angel:

 

[ricohflex]

Endemic corruption. After you have invested, that country may even use the anti corruption agency to force you to sell shares at a great loss. Imagine that. Phew. Finally good sense prevails and SG gave up the idea of buying the bank.

 

[Bukitimah]

Like it or not, they are our neighbour and here to stay. As a tiny red dot, we need to show some support. Buying a bank or investing in some projects are all part of what we can contribute with the least risks. Pumping in billions may not be wise but somebody already said, they dont need a few thousands.

It is not just a few guys at their central government that will be able to change anything. With a few hundreds islands spread over such a big area, everybody there is working on silos. Who care who is the President. We would still need to participate actively in Indonesia. Maybe not in this bank but surely we need to be present.