San Miguel bullet train project

[safeorigin]

seems relevant though in relation to SMC's recent actions. hope it isn't a uhm... scam

[Isuzoom]

SMC is buying, SMC is selling, SMC is buying the group who bought SMC, SMC buying retirement fund, SMC selling but not the brewery...etc...etc... nahihilo ako sa mga moves ng SMC...sino ang kumikita sa KUMISYON dito?

[safeorigin]

it's called money circulation:rofl:

same thing done by SM, PAL and practically all holding companies

[badkuk]

How do they intend to power it? Siguro ayusin muna nila ung pag setup ng additional power plants/distribution lines bago sila gumawa ng ganito. Luzon barely has spare capacity, tapos pabreakdown breakdown pa ung power plants.

Ewan ko lang ha, to me the plan is as ....."optimistic" as RP putting up nuclear power plants.

And ung cost: even if they can get government subsidies to bring the ticket cost down....parang anlaking portion iaabono ng government for it. Di ba ung unsubsidized cost for an MRT ticket is something like 72 pesos? Time pa ni Erap yan ha


Then again, dreamers ae usually called nutcases up until their dreams come to fulfillment.

[creepy]

it's called money circulation:rofl:

It's better described as an activity that involves detergent (if you know what I mean).

One day, you'll all realize what has really been going on at San Miguel. And why this bullet train project will NEVER get off the ground.

[safeorigin]

more specifically what's happening with the asian currencies ;)

[uls]

maybe sir creepy is an insider

outsiders like us can only speculate

we can see SMC has transformed greatly

they're more than a food and beverage company now

SMC owns a large stake in Meralco (bought from GSIS)

they're in telecoms (joint venture with Qatar Telecom)

SMC controls Petron

they announce a bullet train project

whatever is going on (sir creepy won't say)... it's simply about money... wala na iba

zero sum game

a lot of money is changing hands

someone's making a lot of money and someone's losing a lot of money

[SecretShop]

Bullet train? Kahit ordinary train lang ok na, pero tapusin na lang muna nila yung mga bagong hi-way.

[safeorigin]

hmmm... detergent... laundry... sctex... oops

[uls]

It's better described as an activity that involves detergent (if you know what I mean).

money laundering

someone is making tons of illegal money and using SMC to legitimize the money