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3 comment(s). Last comment by dawchok 2020-05-16 15:45
Posted by dawchok > 2020-05-16 15:45 | Report Abuse
1st of all, thks Bursa D for the good write up.
I would like to share history of this fishy company for those having interest on it.
1) In 2012, the factory caught in fire. Then the boss said they would put even more stringent measures to prevent fire happens again.
2) In 2017, the factory caught in fire again. This has discredited word by its boss(same person in charge till today). Any man can make a mistake; only a fool keeps making the same one.
3) In 2013, the company painted a beautiful biz opportunity in Silver mining in Australia. The company wrote off RM9.8 mil investment in Silver a year later. This was the second discredit action by its boss(same person). Will the same impairment happen on beautiful face mark story ?
4) In 2014, the company painted another beautiful story to invest into selling smart phone thru e-commence. End result was write off again. This was the 3rd discredit biz decision by the boss.
Be careful if you want to believe this face mask story. I wish this time is a success story instead of cash burning exercise again.
Good luck
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Koon Yew Yin's Blog
Why all plantation companies will continue to report more profit - Koon Yew Yin
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CS Tan
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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....
George Leong
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Posted by George Leong > 2020-05-16 11:02 | Report Abuse
Thanks for sharing