SOUTH MALAYSIA INDUSTRIES BHD

KLSE (MYR): SMI (4375)

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1 person likes this.

697 comment(s). Last comment by KropSkin787 6 days ago

4dking777

396 posts

Posted by 4dking777 > 1 month ago | Report Abuse

How to make losses is fine , don’t dump investor ma. Haizzz, see also sienz.

Taibfar

23 posts

Posted by Taibfar > 1 month ago | Report Abuse

Exactly. People will hentam the old management first and hit vote for to replace them during the AGM

ChunWong93

542 posts

Posted by ChunWong93 > 1 month ago | Report Abuse

What happened to this counter? Kena sued?

Ghazaar

229 posts

Posted by Ghazaar > 1 month ago | Report Abuse

Ya, they were kena sued due to terrible management from old management
https://theedgemalaysia.com/node/694593

tokhun

14 posts

Posted by tokhun > 1 month ago | Report Abuse

This counter dunno how to do business la, big shit show now

Posted by ripcudin78 > 1 month ago | Report Abuse

see AGM how la, management confirm kena shoot 99

Yusof896

161 posts

Posted by Yusof896 > 1 month ago | Report Abuse

SMI ni menipu pelabur dan pemegang saham punya, tak bagi borang proksi ...syarikat yg disenaraikan di Malaysia sepatutnya bagi borang tersebut 😡

Posted by rac3ginho > 1 month ago | Report Abuse

what you expect, once a garbage always a garbage, SMI truly a scammer company

Taibfar

23 posts

Posted by Taibfar > 1 month ago | Report Abuse

@Yusof896. That shows that those old management are treating the company more like a private entity rather than a publicly listed company !! Poor shareholders of SMI

Taibfar

23 posts

Posted by Taibfar > 1 month ago | Report Abuse

btw, they also deliberately postponed the annual general meeting, which normally takes place once every 12 months

Posted by DoubtfulBsk > 1 month ago | Report Abuse

Mampus lah company tahi ini! Director takde intergrity!

Posted by DoubtfulBsk > 1 month ago | Report Abuse

mana shareholders right? SMI think shareholders are idio ts?

Posted by philosopher23 > 1 month ago | Report Abuse

What u expect? Incompetent directors making losses since 2019 & can't held AGM yearly, even increasing their own salary. Kick these buggers out!

Ghazaar

229 posts

Posted by Ghazaar > 1 month ago | Report Abuse

all shareholders are urged to attend and vote in the upcoming AGM to exercise their shareholder rights and express their views on the management of the company

Posted by philosopher23 > 1 month ago | Report Abuse

how to response with these incompetent management? too busy feeding their own pocket

Posted by rac3ginho > 1 month ago | Report Abuse

Corporate mafia & manipulating market, stay away!

Yusof896

161 posts

Posted by Yusof896 > 1 month ago | Report Abuse

jaga-jaga dan jangan beli kaunter ni. Pengurus ada masalah

Taibfar

23 posts

Posted by Taibfar > 1 month ago | Report Abuse

Avoid at all cost ! SMI has been filing consistent financial losses since 2019 !

Taibfar

23 posts

Posted by Taibfar > 1 month ago | Report Abuse

lousy management and yet still could enjoy the substantial increase in director fees for the financial year ending June 30, 2023

RedOreo

14 posts

Posted by RedOreo > 1 month ago | Report Abuse

how bad is this counter??

Posted by DoubtfulBsk > 1 month ago | Report Abuse

How bad? Make big losses every year, increase own director salary, keep delaying AGM, market manipulation, the list goes on

Ghazaar

229 posts

Posted by Ghazaar > 4 weeks ago | Report Abuse

this is why all shareholders need to attend the upcoming AGM on the 27th to size the old management up

Posted by KropSkin787 > 4 weeks ago | Report Abuse

No eye see... pattern banyak lah this garbage company

Taibfar

23 posts

Posted by Taibfar > 4 weeks ago | Report Abuse

After AGM, it surely will limit down. Unless those management are voted out, it's going to drop like a waterfall

Posted by rac3ginho > 4 weeks ago | Report Abuse

SMI & their management name sure smelly now, I'm attending the AGM & vote these buggers out!

ChunWong93

542 posts

Posted by ChunWong93 > 4 weeks ago | Report Abuse

Go for it, rac3ginho. Teach them a lesson so that the company will not be ruined

Posted by crackyoo > 4 weeks ago | Report Abuse

HAHAHA RED RED RED Karma la this SMI, kena kantoi today

Taibfar

23 posts

Posted by Taibfar > 3 weeks ago | Report Abuse

make it limit down before AGM and let the olddie kena hentam more fierce and brutal during AGM

Posted by DoubtfulBsk > 3 weeks ago | Report Abuse

enter rubbish bin lah! company tahi ini! Director takde integrity!

slumdoge

78 posts

Posted by slumdoge > 3 weeks ago | Report Abuse

This counter got so many negative news, management seems incompetent too...

Yusof896

161 posts

Posted by Yusof896 > 3 weeks ago | Report Abuse

SMI akan masuk PN17 kemudian muflis jika mereka masih menjalankan perniagaan macam tu

AmySee

437 posts

Posted by AmySee > 3 weeks ago | Report Abuse

If people cannot manage a company well and only know how to take the salaries blindly, it is doomed

Posted by beachboi21 > 3 weeks ago | Report Abuse

pattern many, company run by conman?

Posted by crackyoo > 3 weeks ago | Report Abuse

Don't waste time on this counter, shit management & only know how to con investors

Ghazaar

229 posts

Posted by Ghazaar > 3 weeks ago | Report Abuse

2 more days for their AGM. Get ready to see some 'good' show 😆

Taibfar

23 posts

Posted by Taibfar > 3 weeks ago | Report Abuse

I have prepared a series of 'polite' questions (as shown below) for the AGM tomorrow because Malaysians are quite polite one:

1) Financial Management:
a. Can you provide a breakdown of the company's financial performance over the past year?
b. What measures are being taken to address any financial challenges or losses?
c. How does the current financial performance compare to previous years and industry standards?

2) Strategy and Planning:
a. What is the company's strategic plan for growth and sustainability?
b. How are strategic decisions made within the company?
c. Are there any changes to the strategic direction of the company due to recent performance?

3) Governance and Accountability:
a. Can you provide transparency on executive compensation and bonuses, especially in light of performance?
b. How does the board ensure accountability and transparency in decision-making processes?
c. Are there any recent changes to the board composition or governance structure?

4) Operational Efficiency:
a. How is the company addressing any operational inefficiencies or bottlenecks?
b. Are there any plans to streamline operations or cut costs where necessary?
c. What steps are being taken to ensure operational excellence and productivity?

5) Risk Management:
a. How does the company identify and mitigate risks, both internal and external?
b. Are there any emerging risks that shareholders should be aware of?
c. How often are risk management strategies reviewed and updated?

6) Communication and Stakeholder Relations:
a. How does the company communicate with shareholders and other stakeholders?
b. Are there opportunities for shareholders to provide feedback or express concerns?
c. What efforts are being made to improve stakeholder relations and rebuild trust, if necessary?

7) Future Outlook:
a. What is the company's outlook for the coming year and beyond?
b. Are there any anticipated challenges or opportunities on the horizon?
c. How does the management team plan to steer the company through uncertain times?

Taibfar

23 posts

Posted by Taibfar > 3 weeks ago | Report Abuse

act polite before fighting and hentam the old management thoroughly

Posted by DoubtfulBsk > 3 weeks ago | Report Abuse

Good list of question, tmr is show time

Ghazaar

229 posts

Posted by Ghazaar > 3 weeks ago | Report Abuse

Red alert, red alert. The AGM is postponed again !

https://theedgemalaysia.com/node/706055

Posted by philosopher23 > 3 weeks ago | Report Abuse

typical pattern la, told you they will find more excuse! really lapsap company!

Taibfar

23 posts

Posted by Taibfar > 3 weeks ago | Report Abuse

Alright, this company is doomed. They play the shareholders like a fiddle. Get ready for a class action lawsuit

Posted by crackyoo > 2 weeks ago | Report Abuse

nothing is brewing unless kicking out the current management!

RedOreo

14 posts

Posted by RedOreo > 2 weeks ago | Report Abuse

Counter hangus?

4dking777

396 posts

Posted by 4dking777 > 1 week ago | Report Abuse

drop like flies

Posted by KropSkin787 > 6 days ago | Report Abuse

hangus for sure, tapau lah

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