Msport is cash rich, Cash is king mah ,our PM said mah! Can employ new auditors , sap sap sui mah! Can turn black to white or vice versa mah! ke ke ke ke
Market capitalization at 2.5 sen RM 15 million. Minus cash(still under calculation by auditor) is Msport factory, machineries and shoes(inventory) worth RM 15 million only?
Taiwanese only accept TWD 2.40 as lowest price for Msports despite accounting woes faced in both Malaysia and Taiwan. Why "smarter" M'sia prepare to sell lower and lower by each day? http://www.bloomberg.com/quote/911626:TT
Agree with TAH chinaman is basically stingy or kedekut but doesn't mean no money. So is Msports cash rich but just stingy in paying dividend not no money.
Audit commitee in Msport is gaji buta M'sian so without them Msports can save their salary. Real auditor is RT LLP who has verified last year accounts. Just need more time to check expenditure and cash balance(new boss Paramjit become shareholder so more demanding).
Posted by leno > May 5, 2016 11:57 AM | Report Abuse all audit commitee resign alredi ... how to produce annual report ? HAHAHAHAH ... no audit commitee no report hor ... no report mean .... BOH CHOW CCCCCCCCCCC AAAAAAAAAAAA !!
If the audit commitee can approve all these years Msports accounts yet people ignore them(sell until below 10 sen before they resigned) what is the fuss they resign?
Talk in Hokkien easier. U ann chua? U masi lang bo siang sin Chinaman account. Bo annchua? Bo min se lui eh hiao boh?
Posted by leno > May 6, 2016 07:40 AM | Report Abuse why is ALL the audit commitee resign ? Boh audit commitee, how to produce report ? BOH CHOW CCCCCCCCCCCC AAAAAAAAAAAAAAAAAAAAA !!
Paramjit Singh since you are no 2 boss please take your own people in audit committee. If cash is there please give us dividend. Lin Huozhi may not want dividend but certainly not yourself and other shareholders. Paramjit when you become our boss you make the call not Lin.
Price Issue Price 0.85 - - Par Value 0.000 - - Units - - - No of Shares Public Issue 57,600,000 - - Offer for Sale 42,500,000 - - Private Placement 82,100,000 http://klse.i3investor.com/servlets/stk/ipo/5150.jsp
That Param is small fish lar ... wat can he do ... he just lost MILLIONs in MSPORT ... margin account some more. Kenanga bank will go after him. He also alredi kena black list by Public bank when his company he guarantor go bancrupt. Whereas that tipu director has hundreds of millions lor ... he got a lot of option with hundreds of millions worr ...
Mr Lin is the founder,he works days n nights to build up this factory,he won't let go so easy mah, remember he got accomplices holding indirect shares. Factories ,properties, equipments etc. alone worth more than market cap ,don't talk abt cash .
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malinfan
698 posts
Posted by malinfan > 2016-05-05 10:09 | Report Abuse
明知山有虎,再向虎山行 。。。。有種! 哈哈哈哈。