Hi All,
I will try to keep my information and writings short. I believe it is a mark of old men (KYY, SSLEE and myself) to tend to ramble on. i THOUGHT it would be good to give more insight, but SIFU stockraider has said I am very long winded. Thus I will try to keep information, informative. So you can do your own analysis.
WHY CEOS AND MAJORITY SHAREHOLDER MATTER
STOCK ANALYSIS: PROTASCO
NATURE OF BUSINESS: ROAD MAINTENANCE CONCESSION. HIGH DIVIDEND, GUARANTEED CONTRACT. GOOD PAYMASTER
FOUNDER: Chong Kat Pen,Hasnur Rabiain Bin Ismail
MANAGEMENT START PROBLEM DATE : POST 2014 -> CKP buy out hasnur rabiain
MAJORITY SHAREHOLDER: CKP
WHAT DID HE DO:
1. BORROW MONEY FROM GLOBAL CAPITAL TO FINANCE BUYOUT.
2. APPOINT OWN BOARD OF DIRECTOR CRONIES.
3. APPOINT CHILDREN AS COMPANY DIRECTORS.
4. INCREASE DIRECTOR AND MANAGER SALARY
5. DO QUESTIONABLE PURCHASES OF COMPANY ASSETS UNDER HIRE PURCHASE
6. COMPANY REVENUE STAY DEPRESSED. EARNINGS ARE LOWERED ON BAD INVESTMENTS.
7. DO SHARE STOCK GAME, SELLING OF WARRANTS, SELL HIGH AND BUY LOW OF OWN COMPANY SHARES
HOW TO SPOT?
FIN.
Created by Philip ( buy what you understand) | Oct 29, 2024
How to invest in Bursa Malaysia long term.
Created by Philip ( buy what you understand) | Dec 07, 2022
Created by Philip ( buy what you understand) | Mar 02, 2020
Created by Philip ( buy what you understand) | Jun 30, 2019
Created by Philip ( buy what you understand) | May 20, 2019
KLCI Going Heaven
dodgy bastard
2019-01-16 23:03