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.

Comments

Popular posts from this blog

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...

Have You Found Your Sun Yi and Teresa Teng?

I n the long, unfolding history of the Chinese-language music scene, "The Moon Represents My Heart" 月亮代表我的心 stands as an unsurpassable milestone. Yet, the journey of this globally renowned masterpiece, a song that would eventually captivate the world, was fraught with setbacks: it was once dismissed as "trash" by its own creator and tossed into a wastebasket, later suppressed by official policy as a "banned song ," and initially failed to gain any traction when performed by two different singers. The dramatic turnaround in this song’s fate is not merely a musical legend; it offers a profound life lesson: the greatest stroke of luck in life is not about how perfect you are, but about encountering the "right people", those who truly understand you, support you, and help you realize your potential, at exactly the right moment. I. The First "Right Person": A "Talent Scout" Who Recognizes Your Worth In the early 1970s, composer T...

How to Use Zoom Cloud Meetings Effectively

(Read also How to Secure Your Zoom meeting ) Other than Zoom Cloud Meeting, you can use other video conferencing platforms like Google Hangouts, Skype and WeChat Video Conference.  Zoom is the most popular because it is free and is easy to use, especially on the phone .  Here's how you can use Zoom effectively: Use a laptop, not your phone or tablet, especially when you are hosting a meeting.  On a laptop, you can see everything: the PowerPoint screen that you are sharing, video of all participants and the group chats.  You can easily type on a laptop and this is useful when you are translating or doing detailed explanations.   The host of the zoom meeting should mute everyone at the settings and only unmute them when they speak.  Participants can indicate that they want to speak by raising their hands before speaking Use earpiece or headsets or wireless earbuds so that you have a better concentration of the voices in the meeting and not be d...