In business, being stingy with operative cost is rational. But if the stingy-ness have reached to another level, it's not going to reflect good on the company reputation. No matter what, we have to see things in general so to speak.
employee comment negative is one thing, it's another that could lead to mis-labelling that caused license suspension.
Sure, no company is perfect. I am not demonising only Hovid, but a good company that shows sign of growth is the direct result of good people within. And if the company give no f about their staff, then it's about time the adjustment/incident that will wake them up.
Soohow Ng, you need t rephrase again your last remark.
Mis-labelling has nothing to do with a company who is not treating their employees. Labels are printed out from vendors and the mistake they did on the labeling is very minimum effect. (Please read back the explanation on media by Hovid representative)
MOH is strict with the medical guidelines. Very little misrepresentation of labels or other medicinal compound will cause any licensing being suspended.
I can understand your frustrations with Hovid. Could you be working with them?
I am not working with them, my expertise is not anywhere near medicine. I just have very bad experience working with people who put politics first. It's true that the label are printed by vendors, but who order the print? who put the label on the product?
It passed the supervisor inspection, QA inspection, loading inspection, may be audit before that. It's medicine, such mistake is not tolerable, it's not like you can stick up new label when the product is thousands of KM away from the factory. Many cosmetic products does that, but medicine product, it's no joke. That's why MOH is very strict on this matter.
My statement may be extreme to an end, but people is the asset. Even good people make honest mistake, it's just that when you invest into a company, you want them to work happily, thus no brain-drain, thus brighter mind who is working for your money. But when the management is too old , how do you think the succession will happen?
People invest on news/fundamentals/business deals,but those needs to be executed by people. When there are more negative remarks/comments on the business from its own people than positive sentiments. I will take my little money away from these people.
Never mind even if it turns out again to be another fake rebound as long as we make some money. Those who had bought at 32 sen last Friday can now contra off and make a two sen profit. Not really that bad.
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....
ivan9511
3,854 posts
Posted by ivan9511 > 2017-07-14 00:01 | Report Abuse
this company can keep. fundamental is ok. stable buy just wait . limited up also nee to wait good qr come