Could be having a turnaround profit figure for the delayed qtr result, or something big which no independent audit firm dare to verify and confirm unless they are paid handsomely !
actually i also dont have any idea about the reason audit firm not to verify it. New management can show what they have in the qtr result. if something wrong, all is old management's fault, can charge them. Negative profit also doesnt big matter, i think.
I tell u all a story , i remember When I was young be a private trader, I'm with my 2 friend , we invest a counter about 1 million each , But we make a wrong decision lose 80% and we argue of Cut lost , finally I'm cut lose my part , lose 800k , my friend Keep hold reason lose too much !
2 years later , my friend 100% lose in this counter , I just use my cut lose capital 200k , gain my life first 10million in others counter wirhin 2year times .
all SdnBhd/listed company need to appoint external auditor to audit their financial statement. as many company quarter report is unaudited is due to the report is prepared by company itself, and auditor is yet to review it. however, at the end of the day, company still need to announce audited annual financial statement report.
Normally, Only final account need to be externally audited ! Maybe they want an independent auditor for this delayed qtr to clear all doubts about the company in view of the present chaotic scenario !,,,,,
Wintoni stated that The Company is in the process of identifying other independent third party audit firms to provide the opinion on the Third Quarter Results. It means that the company has new audit firm or still finding?
I wonder why they delay keep delay for a quarter audit report.. It's not annual report, just quarter report. Somemore the audit firm being change after appointed. It's the audit firm unable fulfill the requirement of the management? Do the "Nice" report??
This counter totally not link any business with ecoworld , there is no Any relationship within this two company , I dun know who Spray the fake news to trap you all , actually I dun want to talk too much here but when i c u all discuss the fake news , im feel very angry , you all better dun play share anymore in the future ! My sincere advise !
0008: thx of ur advise. We are just want to confirm their saying only. A share investor has to gain a lot of current information then filter and think. :-)
What if they can't submit the report on or before 29/2/2016? It is going to be delisted?
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Posted by TheMiddle > 2016-01-30 08:56 | Report Abuse
james teo: didnt u say bye bye to this counter? xixi~