Skip to main content

Which company makes money? Look at their hotlines! (Part 1)

Which company makes the most money? Just by looking at their published hotlines, we can get some hints. Today let's look at the 4 major electricity retailers in Singapore that cornered 80% market share in a crowded market of 12 electricity retailers: Keppel, Geneco, iSwitch and Tuas Power
  1. KEPPEL ELECTRIC 68033888
  2. GENECO 63636677
  3. ISWITCH 69559900
  4. TUAS POWER 68385565
KEPPEL ELECTRIC 68033888
680 Money gone
8033888 Platform continues and becomes big

This means that Keppel Electric put in lots of money into its platform. Indeed Keppel cornered 27% of the market share with 150,000 customers as of Oct 2019 (date per EMA). But note that Keppel has grown very big as its nearest rival Geneco only has 22% market share. BUT KEPPEL ELECTRIC has no wealth number, that means, it does not make money out of this business

GENECO 63636677
636366 Rapidly changing (4 times)
677 win lots of friends
This means that Geneco went through many changes in its business but managed to win business through friends. Indeed Geneco's customers are not from the company's marketing but from customers' referral program. Note that there is also no wealth number in Geneco's number. This means that Geneco does not make money

ISWITCH 69559900
There is only one number from here, and there are two zeros in the end. This number 69 is about INVESTMENT. This means that iSwitch invested lots of money into this business. There are two zeros in the end numbers, which means that this investment does not yield any profits. Note that there is also no wealth number in iSwitch's number. So iSwitch does not make money

TUAS POWER 68385565
68 Wealth generating
83855 Platform
85565 No wealth
This means that Tuas Power put in its wealth into this platform but this platform does not generate wealth for Tuas Power. Indeed we know that Tuas Power paid Singapore Power group $6 for every customer processed in SP's bill. If the average electricity bill of a household is $100, and a retailer's net profit margin is less than 10%, this means that it is hard for Tuas Power to make money from its business as it paid $6 for every bill processed by SP. There is no wealth number in Tuas Power number.

It seems that none of the 4 major electricity retailers (they cornered 80% of market share) makes any money. Interesting! To know if your mobile number is positive or negative, text to me Andy at 93672286. First 13 people will get a FREE Mobile Number Profiling Report worth US$149. Other related articles (click on the title or the url):
Labels:

Comments

Post a Comment

Popular posts from this blog

What an Executive Coach and Business Coach Does

Post a Comment
Read more

The Secret Under the Mattress: Why would a 79-year Man Bet So Big on 4D?

It was 2007 when we discovered his secret. While moving my father’s mattress, we found them: heaps and heaps of Singapore Pools 4D tickets. They were stacked in layers, a paper trail of lost hopes. What shocked us most wasn’t just the volume, but the stakes. He wasn’t betting a few dollars for fun. He was punting hundreds of dollars per draw—nearly ten times a month. At the time, my siblings and I were furious. Our father was a 79-year-old retiree. We wondered, with a mix of anger and confusion, why a man at his stage of life would need to win such "big money." What was he going to do with the money? We saw it as a reckless habit, a sign of poor judgment in his final years.  Some of us would say, "If I were to give him money to buy 4D, why don't I use the money and buy 4D myself?  At least I have better discipline".  It has taken me two decades, and the experience of raising my own three grown-up children, to finally see the truth that was hidden under that matt...
Post a Comment
Read more

Head Bleeding when the Chair Falls

The Weight of Silence: What Were We Really Arguing About? My earliest memories are punctuated by the sound of shouting. In 1970, when I was barely 6 years old, I stood as a small witness to the fierce quarrels between my father and my late eldest brother Kah Yang (he passed away in 1971 at the age of 17). As I grew up, these contradictions became the soundtrack of our lives, usually centered around our family's shoe shop and clothing stalls in Chinatown. In the court of family opinion, the verdict was almost always the same: my father was "wrong." He was judged as a man who didn't fulfill his role, who wasn't "burdening" enough for the family’s success. But as I look back from the vantage point of 2026, I have to ask: Was that actually true? Let me finally put to rest what my father did right: the truths that were buried under decades of criticism: Unseen Labor: He worked grueling, long hours. I remember him hauling boxes of goods and equipment to set u...
Post a Comment
Read more