Khazahnah.....there is no information what is the capital injection over the years.....the writer....and the people assumes the net increase in value is profits but it could be capital......
It has been pointed out that due to lack of information on Khazanah fund inflows, the increase in net asset value cannot be truly differentiated. Some thing to ponder in my next news paper and media appearance.
People need to understand this loh....the Growth of GLC mkt value over the years are due to the very good guidance & management of GLC directors or is it really due to the inherent monopolistic position and its good connection to the government of the day leh ??
If it is due the latter, then the pay is consider very excessive loh..!!
As for General Raider take is that....it is due to the latter mah...!!
In fact if there is no dishonesty and siphoning of monies done in those GLC companies, an average guy in helm can perform equally as well at a much lower cost loh...!!
But some people wrongly perceive that GLC good performance, squarely rest on the good effort of the GLC directors loh...!!
I think Mahathir is right to implement reform, cutting out high fixed remunerations and increasing the rewards thru variable pay like bonus & profit incentive loh...!!
Yes it is good to have high pay overvalue branded executive, but it is excessive loh, when what we really want an honest average guy, who can do the job as well at a much lower cost loh...!!
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....
qqq3
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Posted by qqq3 > 2018-08-11 17:06 | Report Abuse
Khazahnah.....there is no information what is the capital injection over the years.....the writer....and the people assumes the net increase in value is profits but it could be capital......