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3 comment(s). Last comment by Jeffreyteck 2017-08-07 11:35

TradeTurd

103 posts

Posted by TradeTurd > 2017-08-03 13:32 | Report Abuse

bought at 4.40 yesterday, feels safe but always prepare to cut loss

lachai2004

589 posts

Posted by lachai2004 > 2017-08-03 14:08 | Report Abuse

The press statement by the management regarding the losses incurred by water disruptions had shown the shortcomings of the management team as this problem was not even mentioned in their prospectus for the IPO or at least a warning of the drop in profit in their upcoming quaterly reports. The cornerstone investors should claim their losses through the proper chanels!

Jeffreyteck

4,246 posts

Posted by Jeffreyteck > 2017-08-07 11:35 | Report Abuse

1. Top guy failed the fit and proper test as he can't even know disruption impact on the bottom line?
2. BOD members photos not in its website, only provided photo frame, indication of level of transparency and disclosure standard OR no face to see investors?
3. Those involved in the process of IPO, that revealed your level of competencies and still owe public an acceptable explanation or remedial action? You also don't know disruption impact or don't know how to calculate and determine what material means?
4. Those who are still observing need to take how long to complete observing or just wanted the issue to fade naturally as if no issue happened?
5. Minority watch dog role needs to revisit? Not just dissemination of info as many can do that.

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