My company is a very small companies, we spend around RM200k in terms of marketing. Out of this RM200k, I saw some of the director "pakat" with the service provider, mark-up some cost, or create some additional bill, and they have pocket around RM60k.
So this company have multi million of marketing cost, you guy guess who has pocket the money.
Beside marketing cost, there are still construction cost, land acquisition cost...etc, many way to pocket the money.
Inject inflated land owned by Liew himself and put contracts (not land) into ecoworld, is value creation. Some said patetic made profit from plc using own land, others call it "value creation". Depends on how you read it. Bursa and SC blind people if people said "patetic project self inject is WRONG", wrong it is. If Bursa and SC people said "good value creation", good it is.
So Bursa shall be called Buta; Securities Commission shall be called Stupid Commission.
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....
Posted by GTMS > 2016-06-21 08:37 | Report Abuse