Ake109 6th Gear March 18, 2021 Share March 18, 2021 Undercover reporter in China works his way from entry-level sales to executive role to expose a corrupt used car company, China News - AsiaOne https://www.asiaone.com/china/undercover-reporter-china-works-his-way-entry-level-sales-executive-role-expose-corrupt-used Selling at higher price than paid? Huh isnt that business? Like this all used car dealers in SG are scammers liao. Or just BAD article writing by our SPH. ↡ Advertisement 2 Link to post Share on other sites More sharing options...
Volvobrick Supersonic March 18, 2021 Share March 18, 2021 (edited) Can ask him undercover at LTA? He will discover COE costs zero but sold for 50k. And with his hard work, he might even make it to CEO! Edited March 18, 2021 by Volvobrick 2 10 Link to post Share on other sites More sharing options...
Soya Supersonic March 18, 2021 Share March 18, 2021 Wahaha....make extra 1k become big news? Looks like china used car dealers need to learn from Sg ADs & used car dealers. Can inflate selling price by $20-30k for 'overtrade' for decades n authorities can still close 2 eyes.... 1 6 Link to post Share on other sites More sharing options...
Jtis 4th Gear March 18, 2021 Share March 18, 2021 You mean used car dealers are not-for-profit? Cannot sell higher than what they paid to take in the car? Wow, they are just like charities, all saints siah.... 3 1 Link to post Share on other sites More sharing options...
Jamesc Hypersonic March 18, 2021 Share March 18, 2021 39 minutes ago, Jtis said: You mean used car dealers are not-for-profit? Cannot sell higher than what they paid to take in the car? Wow, they are just like charities, all saints siah.... I also agree. 1 Link to post Share on other sites More sharing options...
mersaylee Supersonic March 18, 2021 Share March 18, 2021 (edited) Why didn't he quit his reporter's job and go full time at the company he was working for...? May get big fat bonuses some more... oh...right...integrity...professionalism... I profess, if it was me... I'd professionally do a mid career switch...😁 Edited March 18, 2021 by mersaylee Link to post Share on other sites More sharing options...
Jamesc Hypersonic March 18, 2021 Share March 18, 2021 I also buy low and sell high. Now I understand why a fund manager rejected me at the interview. They didn't like my trading methods. 2 Link to post Share on other sites More sharing options...
Stratovarius Turbocharged March 18, 2021 Share March 18, 2021 I also sell my things in carousell higher than their true value coz ppl always low-ball me. 3 Link to post Share on other sites More sharing options...
1fast1 Supersonic March 18, 2021 Share March 18, 2021 15 minutes ago, Jamesc said: I also buy low and sell high. Now I understand why a fund manager rejected me at the interview. They didn't like my trading methods. No lah, buy low and sell high is what every coffee shop unker retail investor understands. To be professional fun mismanager, pirate banker, screwrities traitor, etc. type you need to understand short high and cover low. But I know you don't like high shorts or covering anything, high or low. So you'll never be a fun mismanager. 😁 2 Link to post Share on other sites More sharing options...
yishunite Turbocharged March 18, 2021 Share March 18, 2021 Singaporean cars are sold with the highest margins in the auto world... we should be the envy of all car salesman everywhere... but maybe we can get this guy come in and "expose" the corruption 🤣🤣 1 Link to post Share on other sites More sharing options...
Jamesc Hypersonic March 18, 2021 Share March 18, 2021 14 minutes ago, Turboflat4 said: No lah, buy low and sell high is what every coffee shop unker retail investor understands. To be professional fun mismanager, pirate banker, screwrities traitor, etc. type you need to understand short high and cover low. But I know you don't like high shorts or covering anything, high or low. So you'll never be a fun mismanager. 😁 Yes its true I only like transparency. I got nothing to hide. I like to see and be seen. Expose everything is what I always say. 1 Link to post Share on other sites More sharing options...
Jamesc Hypersonic March 18, 2021 Share March 18, 2021 Its not corruption its called free market capitalism. Making a profit is what its all about. Everyone needs to make a profit except our fun managers. Link to post Share on other sites More sharing options...
Jamesc Hypersonic March 18, 2021 Share March 18, 2021 You all have to understand to be a reporter in China you have to be schooled in Communism and in Marxism all excess profit is theft and property is theft. 1 Link to post Share on other sites More sharing options...
Jamesc Hypersonic March 18, 2021 Share March 18, 2021 I love the idea of 99 leasehold hdb because after 99 years it goes back to the "people" That's you and me. 1 Link to post Share on other sites More sharing options...
Jamesc Hypersonic March 18, 2021 Share March 18, 2021 Communism just doesn't work in a free market economy. In communism what's yours is mine and what's mine is mine. In capitalism at least people have to pay your for it even if they give you a lousy price. Link to post Share on other sites More sharing options...
inlinesix Supersonic March 18, 2021 Share March 18, 2021 2 hours ago, Ake109 said: Undercover reporter in China works his way from entry-level sales to executive role to expose a corrupt used car company, China News - AsiaOne https://www.asiaone.com/china/undercover-reporter-china-works-his-way-entry-level-sales-executive-role-expose-corrupt-used Selling at higher price than paid? Huh isnt that business? Like this all used car dealers in SG are scammers liao. Or just BAD article writing by our SPH. Could be a case of a bad article. I did a search for a Chinese article. Based on my understanding, The undercover works for a car trading platform (similar to sgcarmart). The seller could list the car for $100k. The platform changes the price to 120k without the seller knowing it. March 15 is World Consumer Day. CCTV celebrate it with investigative reporting. 3 Link to post Share on other sites More sharing options...
1fast1 Supersonic March 18, 2021 Share March 18, 2021 39 minutes ago, Jamesc said: I love the idea of 99 leasehold hdb because after 99 years it goes back to the "people" That's you and me. Definitely. And we the People will finally get some Action and a kick ass Party!! Woohoo! 😂🎉 2 Link to post Share on other sites More sharing options...
Jamesc Hypersonic March 18, 2021 Share March 18, 2021 2 minutes ago, Turboflat4 said: Definitely. And we the People will finally get some Action and a kick ass Party!! Woohoo! 😂🎉 ↡ Advertisement 1 Link to post Share on other sites More sharing options...
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