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3 comment(s). Last comment by Jeffreyteck 2017-08-07 11:35
Posted by lachai2004 > 2017-08-03 14:08 | Report Abuse
The press statement by the management regarding the losses incurred by water disruptions had shown the shortcomings of the management team as this problem was not even mentioned in their prospectus for the IPO or at least a warning of the drop in profit in their upcoming quaterly reports. The cornerstone investors should claim their losses through the proper chanels!
Posted by Jeffreyteck > 2017-08-07 11:35 | Report Abuse
1. Top guy failed the fit and proper test as he can't even know disruption impact on the bottom line?
2. BOD members photos not in its website, only provided photo frame, indication of level of transparency and disclosure standard OR no face to see investors?
3. Those involved in the process of IPO, that revealed your level of competencies and still owe public an acceptable explanation or remedial action? You also don't know disruption impact or don't know how to calculate and determine what material means?
4. Those who are still observing need to take how long to complete observing or just wanted the issue to fade naturally as if no issue happened?
5. Minority watch dog role needs to revisit? Not just dissemination of info as many can do that.
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
TradeTurd
103 posts
Posted by TradeTurd > 2017-08-03 13:32 | Report Abuse
bought at 4.40 yesterday, feels safe but always prepare to cut loss