Many small time retailer got burned in this counter, especially during the digital license season plus during the strong promo by the BwK about the digital license thingy. Now these retailer suffer in silence. I pity them. Remember to vote when have the chance. Kasi vote bad mgmt practice out.
EN has no alternative but to turn to Mafia Group for protecting him in power. I think EN has sold substantial shares to the Mafia Group off-market at a very cheap price otherwise who would buy high volumes of shares from you when there is no benefit to be derived. The only way the Mafia Group could come to the Board provided that they are holding substantial shares.
it is believed that the recent resignation of 3 directors has basically made way to the appointment of new directors coming from Mafia Group .
It is expected that more existing directors will be forced to resign so that the duo can not put forward their agenda to remove the present composition of the existing directors in the upcoming EGM .
With the composition of new Directors, the duo will have a very hard time even though they are re-instated to the board . How could the duo get the approval of their proposal if all the directors oppose their proposal every time?
Game over for EN ? If EN and remaining director not able to stand , guess revenue finally will just drop to ashes…. Lucky i sold it and remain some for this movie.
Not sure what is the situation now . Duo + mafia + tycoon vs EN + directors. EN seems hopeless. Egm support Eddie also dunno got hope or not. Well, will still be there for this movie.
Now some of the conmen directors resigned. Then all these bunch of parasites will look into starting up another new con business. Later list in to klci, same modus operandi!
Investors with low-risk appetite should be aware of the following:
• *Frequent Name changes* • *Frequent Changes in Business Direction* • *Frequent Corporate Exercise especially : Share Consolidation & rights issues* • Dispute between management and board • Proposed changes to financial period end • Changes of auditors • Audit opinion
The Mafia Group is under investigation by the relevant authority for the alleged abuse of funds involving RM30.7 million by a subsidiary of Caely Holdings Berhad. Likewise , their purpose in penetrating into RGB is to abuse the " Assets i.e Cash" inside the Company until the Company is heavily indebted. As said, all the companies touched by the Mafia Group have been so far turned into " Shxts" if not half dead. You can check it out for yourself.
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....
redhotpepper
758 posts
Posted by redhotpepper > 2023-03-07 10:24 | Report Abuse
Many small time retailer got burned in this counter, especially during the digital license season plus during the strong promo by the BwK about the digital license thingy. Now these retailer suffer in silence. I pity them. Remember to vote when have the chance. Kasi vote bad mgmt practice out.