His profits from just latitud alone can cover 500% times of his investment in Xinkalun. he no need to exit, just use his 5% profits to cover his losses in xinkalun. Diversification is a good insurance policy for all investors mah.
Koon shld not just walk out He shld get few dozens of rotten eggs and pass to all the angry shareholders - who I suspect they know how to aim at the board of directors
Most public listed companies always take their minority shareholders (like us retailers) for a ride. Even though the companies can be making losses but their useless directors can still get their perks and fat directors' fees. There is no accountability and responsibilities of these directors; as when things don't seem right, they just resigned and "washed their hands" as no law here can convict them of their negligence and wrongdoings. Who are the losers ...... we retailers... trying to make some misery income via dividends payout and capital appreciation of the shares.
Bro U have to ask him not me....he sapu not I sapu...lol
His PLPman did mention several times that the biz indeed is very good so the China Boss purposely wanna delist it so can makan alone...maybe Koon knew his plan...maybe...
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....
sharktank
805 posts
Posted by sharktank > 2016-01-04 20:56 | Report Abuse
His profits from just latitud alone can cover 500% times of his investment in Xinkalun. he no need to exit, just use his 5% profits to cover his losses in xinkalun. Diversification is a good insurance policy for all investors mah.