Oldoldhorsehorse

Oldoldhorsehorse | Joined since 2020-11-18

Investing Experience -
Risk Profile -

Followers

0

Following

0

Blog Posts

0

Threads

3

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
3
Past 30 days
0
Past 7 days
0
Today
0

User Comments
Stock

2021-03-01 18:48 | Report Abuse

You're right about the expansion. But depending on the leadership .

Former sales personal complaining that ex MD had been turning down orders , on excused low margin etc

Resulted sales person can't achieve KPI kena sacked, while he keep on acquiring cheaply in market after disposing his Johortin. Keeping revenue low and Failed to achieve his own KPI but take high salary and bonus. Old school tactics.

Finally asked to resign by the Independent directors.Last Q result was still under his tenure. Even clients and suppliers glad he was Out. Firecrackers during CNY!

Boss say hired Donkey also can perform better after realizing they put a rat inside the "Rice Tong" for so long.

Company will easily do well once the revenue kick in. Healthy cash flow, repay 18m+term loan.

Stock

2021-02-26 00:03 | Report Abuse

Former MD awaiting to buy more cheap stock until 33%.... His ED purposely mention good up to date sales during AGM to boost investors confident. Then allowed his friend to disposed all the warrants on Oct during the peak price. After knowing (July-Sept) Shipment deferment. Now followed by late delivery of raw materials.... Now enjoying himself at his newly bought Danga Bay condo and waiting to buy more cheap price! Bravo.. That's how the rich play!

Stock

2020-11-18 23:01 | Report Abuse

MD son exercise ESOS, likely he is aware upcoming Q3 result will be good and company turning around, just as mention by ED during AGM