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Herbert

Author: HerbertChua   |   Latest post: Tue, 22 Oct 2019, 7:52 PM

 

Lay Hong shareholders should raise AGM matter on Sales Manager eating lavishly on Business trip to Thailand

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Lay Hong sales manager seem to be more enjoying lavishly on business trip to Thailand and posting pictures on facebook more than closing sales for Ecopac.

What is she doing? Eating expensive seafood and wine everyday while the company shareholders pay for it?

What has the business trip done to increase sales?

This matter must be raise in the AGM.

 

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Philip Greta My belief is Herbert has bought a lot of shares at the rm0.5-0.9 level and is feeling frustrated and cheated by layhong management. My heart goes out to him.

The only advice I can give to him the same that I learnt from Charlie munger. You don't have to make your money back the same way you lost it.

By cutting your losses and quickly redeploying it in either turnaround companies with growing earnings, or in wonderful companies suffering temporary setback from trump trade war offshoot, or in growth industries like semiconductor tech or oil and gas companies growing good profits at all time low prices, you really can make your own turnaround.

You don't have to make back your losses by profiting back in the same stock.

That is where ego lies.

Just cut your loss, learn from your mistakes, refine your technique, buy better stocks and move on.

The market can be wrong for far longer than you can stay solvent.
14/09/2019 4:28 PM
HerbertChua Philip is the biggest liar in i3investor.

He is a bankrupt.

Thank you.

Ooi
14/09/2019 4:34 PM
cheoky yup a bankrupt. bankrupted by chicken and eggs, Lxx Hxxx.
14/09/2019 4:40 PM
Michael Dreamun Rubbish of the Rubbish stocks
15/09/2019 5:58 AM
Lukesharewalker should only give him fried egg and bread...LOL
15/09/2019 3:41 PM
RainT @philip

well said
16/09/2019 5:16 PM


 

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