Surprising downgrade from CIMB. Nigel Foo calling the target price of 21sen. a change of valuation method from profit-oriented to asset-oriented valuation. The reports highlight the failures of REV and how it is hurting Cuscapi earnings. I wish the management do the right things by going back to the drawing board. Please scrap REV, recognizes the mistake and losses. Move forward with the valuable clientele, explore BIG data, think of better idea.
I was holding Cuscapi share since July last year, along the way, i made some exits and entry, from paper gain of 10 of thousand to now losses RM120. Thank you for the roller coaster ride. I will still hold on to some of Cuscapi share.
Based on internal news, around 70% of the staff was resigned and company still cutting ppl to save their cost.. perhaps it is to make the year end financial report "look nice"
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cocacola
142 posts
Posted by cocacola > 2014-11-28 00:03 | Report Abuse
Surprising downgrade from CIMB. Nigel Foo calling the target price of 21sen. a change of valuation method from profit-oriented to asset-oriented valuation. The reports highlight the failures of REV and how it is hurting Cuscapi earnings. I wish the management do the right things by going back to the drawing board. Please scrap REV, recognizes the mistake and losses. Move forward with the valuable clientele, explore BIG data, think of better idea.
I was holding Cuscapi share since July last year, along the way, i made some exits and entry, from paper gain of 10 of thousand to now losses RM120. Thank you for the roller coaster ride. I will still hold on to some of Cuscapi share.