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2017-11-13 11:35 | Report Abuse
Finally the truth sinks in.
My friend was recruited as one of their MLM scheme selling their digital products. He left at the end due to the bad experience he had. A few reasons he gave:
1. Incompetent Product. The digital product by sasbadi is merely a digitalization of its school books, it is just a book but in digital format. Other products in the market offer lively interaction with great graphics and customised marking. It was a hype with SAS product initially, but true as he told me, now everything is crumbling. Product is king, a good product will yield good revenue.
Other better products in the market are eg: Fullamark, khanacademy, ilearning.
2. Weak training. He was told to go to fight a war but with minimal training and resources. No info on the market trend. Was quite a humiliating experience when his prospects showed him other better products in the market.
3. Low and late commission. Commissions promised was not received in due time. Despite repeated reminders and 'begging; 'wages were delayed. Dont ever say yes to them.
4. Poor management. Infighting between own people. No clear line between sales territory. at the end, sales lead and sales rep overlapped, resulted in price war.
Stock: [SASBADI]: SASBADI HOLDINGS BHD
2017-11-14 12:01 | Report Abuse
One question you must ask yourself is, what is the company doing with your money?
Is the company doing things to spike the share price or is it really a growing company.
Is has announced that it will acquire one company a year. But the acquisition of own company is the biggest joke ever. You take our money to buy your companies belonging to your immediate family members. This is not acquisition. This is putting money into your own pocket.
And worst still, you made SAS lose company due to this acquisition.
SAS management, please focus your time to RUN THE BUSINESS WELL, but not on how to up the share price by news and announcements.
I agree with @Thepainfultruth, this company is not trustworthy nor transparent in their management.