Action Information Management!! latest update

[Tonyhawk]

I learn the phrase from the movie.. Nothing to do with red light destrict.

 

oic.

 

then i wont watch then, im not a fan of fiction, unless it involves red light districts.

 

 

 

[Cars08]

Maybe...i am jus guessing that maybe...the likelihood of a family defaulting their CS Charge each month is an indicating sign of loss or supporting votes....jus maybe.... All database consolidate under 1 big database for ease of demarcating the bounderies...

[Kiadaw]

Again I agree.

 

It's hard to get around that one month thing, which is where all the guilt is coming from.

 

Just trying to look towards the other side of the coin.

 

The only thing I can't account for is the one month clause and the subsequent cancellation.

 

So at the end of the day, my guess would be is that it's all a sham to "punish" an opposition ward rather than a way to enrich the directors of AIM.

Wow, bro, careful what you say leh. Its a public forum, & IP can be easily traced.

 

But its hard to understand, from a logical term, why in the first place AIM wanted to terminate AHTC usage? I cannot think of a reasonable reason? can anyone?

[Sabian]

Only a retard will sell his house and rent back at a price where the buyer recoup the purchase price in almost a year...

[Evillusion]

Well DUH!

 

If you were the town councils, wouldn't that play into your decision making?

 

You trust these people absolutely and completely - so you accept their proposal whereby if you didn't know them and it was a straight out business deal you may not.

 

Further, (again putting aside the termination of AHTC) - your old pal comes to you and asks for a favour, you think its a silly idea, but structure it such that you don't have any risk - then why not grant the favour?

 

Again, you just grab a small amount of money for the TC to make it worthwhile.

 

Is it really so terribly bad?

bro...if its about privately run company most prob we wont give a hoot on how the fund is being runned. This is a TC where money is continously pumped by the citizens to keep the estate neat and tidy. The conservancy charges has been increasing slowly and reason given is due to increase operation charges. But then they are wasting so much on a service that may only use 20 gigabytes of disk space and maybe running on excel or access programme. NCS can alwas provide maintenance services on the servers or computers. To pay hndreds of thousands a month for such services is really a waste of fund and the funds in this case are provided by us the common citizens.

 

Edited December 26, 2012 by Eviilusion

[Darryn]

Wow, bro, careful what you say leh. Its a public forum, & IP can be easily traced.

 

But its hard to understand, from a logical term, why in the first place AIM wanted to terminate AHTC usage? I cannot think of a reasonable reason? can anyone?

I can think of logical reasons for the sale and leaseback. What I cannot think of is a logical reason for the termination - other than what has already been discussed here.

 

It simply doesn't seem correct.

 

Unless there is something else going on behind the scenes that we are not supposed to know about - such as information sharing or something else.

 

[Darryn]

bro...if its about privately run company most prob we wont give a hoot on how the fund is being runned. This is a TC where money is continously pumped by the citizens to keep the estate neat and tidy. The conservancy charges has been increasing slowly and reason given is due to increase operation charges. But then they are wasting so much on a service that may only use 20 gigabytes of disk space and maybe running on excel or access programme. NCS can alwas provide maintenance services on the servers or computers. To pay hndreds of thousands a month for such services is really a waste of fund and the funds in this case are us the common citizens.

 

That's the thing, it's not "hundreds of thousands" per month - its actually quite a minimal amount (for a comprehensive service). It certainly isn't going to make anybody rich, or when split three ways even allow for anything much more than one dinner a month. So why?

 

So you are left to cross out financial reasons as a motivator - unless, as I've mentioned, it was a way to allow a private company to market the system, or as others have said - there was political posturing at stake.

[Ben5266]

that's not exactly true paid up capital needs not be in the form of cash or money. it can be in the form of machinery, property, goodwill

 

if paid up capital was in the form of cash and it was used to purchase useless goods which was still in the company's posession when the company lose the suit, all you get is those goods

 

if goodwill was part of paid up capital, then goodwill is all you get

 

so dont put too much reliance on that paid up capital figure when you buy that gongsee profile from acra

If a company has only $2 paid up capital and it has a $10k machine under asset, meaning, there will be an entry under Liability (current or long term) of $9998.

If the company closes, one will have to share the asset with those who are under liability.

 

[Evillusion]

That's the thing, it's not "hundreds of thousands" per month - its actually quite a minimal amount (for a comprehensive service). It certainly isn't going to make anybody rich, or when split three ways even allow for anything much more than one dinner a month. So why?

 

So you are left to cross out financial reasons as a motivator - unless, as I've mentioned, it was a way to allow a private company to market the system, or as others have said - there was political posturing at stake.

140000 divide by 3 is nearly 45000 each hor.....and thats annually. To me its a big amount bcos i work my ass off for a yr to get the same amount. Maybe u are correct on it being minimal and they have skeleton in their cupboard. But that skeleton we can only speculate....nd we can get into trouble for it. So for now i can only ask why they are wasting our money for services in which actually belonged to them until they sold the programme.

Edited December 26, 2012 by Eviilusion

[Duckduck]

hayarh no fruits or DIY or chips involved... boring

[Darryn]

140000 divide by 3 is nearly 45000 each hor.....and thats annually. To me its a big amount bcos i work my ass off for a yr to get the same amount. Maybe u are correct on it being minimal and they have skeleton in their cupboard. But that skeleton we can only speculate....nd we can get into trouble for it. So for now i can only ask why they are wasting our money for services in which actually belonged to them until they sold the programme.

 

Er - 140,000 is what AIM paid for the system.

 

Their income, the money they are getting back is $785 per month per TC = $785 x 14 - so $11k per month in round figures. Out of this they must pay maintenance charges to NCS.

 

Take that out and then divide by 3 - it really is not going to be much money at all. Especially if want to recoup the original investment.

 

Seems to me, it must be another reason for this than to transfer wealth to the three directors.

 

Which also begs the question - if they are not getting any reward from AIM, what is their input and what are they doing?

 

[Evillusion]

Er - 140,000 is what AIM paid for the system.

 

Their income, the money they are getting back is $785 per month per TC = $785 x 14 - so $11k per month in round figures. Out of this they must pay maintenance charges to NCS.

 

Take that out and then divide by 3 - it really is not going to be much money at all. Especially if want to recoup the original investment.

 

Seems to me, it must be another reason for this than to transfer wealth to the three directors.

 

Which also begs the question - if they are not getting any reward from AIM, what is their input and what are they doing?

shouldnt we say to even waste a cent on such dubious services is ludicrous. A mole hill starts with a grain of sand and to waste money on a service that was initially theirs is somewhat dumb. Its our money that is being wasted and that shouldnt be thecway. Yes i agree that there is something beneath all this facade but then there is no prove...best is to leave it that way until more info is available.

Ps* sori.....the real number was 120000++ per annum. My bad.

Edited December 26, 2012 by Eviilusion

[Kiadaw]

Er - 140,000 is what AIM paid for the system.

 

Their income, the money they are getting back is $785 per month per TC = $785 x 14 - so $11k per month in round figures. Out of this they must pay maintenance charges to NCS.

 

Take that out and then divide by 3 - it really is not going to be much money at all. Especially if want to recoup the original investment.

 

Seems to me, it must be another reason for this than to transfer wealth to the three directors.

 

Which also begs the question - if they are not getting any reward from AIM, what is their input and what are they doing?

 

They sold the system to a third party. A system that they NEEDED. If they wanted to persumingly shared their wonderful software to other party (say to towns in China ), they could have engage a company to do so. They do not have to sell it.

 

No only that, Tc agree persummingly have a contractual term that allow the third party to terminate the usage of the software in a month notice!

 

& they persumingly will LOSE money by selling it, starting from the 2nd year, an amount nearly equal annually to the selling price.

 

& from what I heard AIM have 3 persons, 3 directors, & no stuff, be it Marketing, sales or technical!

 

In order to provide technical support, persummingly, they need to engage NCA, which I heard are the original people developing the software, & part of government.

 

Also, people fail also to see that there is nothing stopping again presummingly AIM to raise the lease price year on year. If they suddenly reevaluated that they made losses at sub 800 per month & think they should charge maybe 5K (just to cook up some figure)? Then its a considerable amount of money in profit.

 

Also, the ex-PAP directors claimed that they do not make profit from the deal, & since they are the only people from the company, then what would be the purpose of the company?

 

Nothing logical matches for my intelligence challenged mind. Nothing. Please feel free to correct my wrong assumptions & provide reasonable explanations.

[Happily1986]

Er - 140,000 is what AIM paid for the system.

 

Their income, the money they are getting back is $785 per month per TC = $785 x 14 - so $11k per month in round figures. Out of this they must pay maintenance charges to NCS.

 

Take that out and then divide by 3 - it really is not going to be much money at all. Especially if want to recoup the original investment.

 

Seems to me, it must be another reason for this than to transfer wealth to the three directors.

 

Which also begs the question - if they are not getting any reward from AIM, what is their input and what are they doing?

 

i am more interested in knowing why 14 TCs were keen in doing leaseback with a $2 company than with NCS.

[Johorat]

www.tremeritus.com/2012/12/25/ncs-still-needs-to-support-the-software-for-tcs-what-does-aim-do/

 

Cool and easy $131,880 yearly for AIM to do

[Kiadaw]

Gonna go play game, come back a few hours later to this thread with a pop corn & cola.

[Evillusion]

Gonna go play game, come back a few hours later to this thread with a pop corn & cola.

For u should be popcorn and heiniken lar...over there very cold! add 1 german lass and it will be wunderbar tonite!

[Wolfy3769]

maybe is just some golden handshake for the ex-MP....