Cannot bankrupt but will drag down the price more lower , the worst of worst in the history chart of pos. And anyone who brought higher than that will stuck for very long time unless cut loss.
Sadly Pos Malaysia will fade! A true example of 'tuan melayu' agenda that will go wrong! Which is what will happen to Malaysia as 'tuan melayu' agenda takes deeper root! Why, because race religion in business is a big nono! Unless you are running a race relgion business! In short, a competitive business run by political agenda will not work at all!
I mean, how many more example you want to see! Felda has gone under! Tabung Haji will massive funds gone bankrupt! Many more GLCs will fold up! Yeah, just watch and learn!
And just look at our civil service! The most mess up organisation ever! It's already so messed up but because it's under government lifeline, we all are taken into the pit! Just look at our budget! Almost 40% will be spend on this extremely wasteful civil service!
i was shocked when i saw Pos share price. They are the pioneer. With online platform blooming dramatically like Lazada and Shopee. They should grab the market shares, being in business for so long. still they waited and look see look see. Others logistics JNT, Ninja Van, ParcelHUb and so many others are grabbing the market shares. Such a pity. Should sack whoever is in charge. Gaji buta.
went to post office a couple of times sending parcels, staff said x cukup tempat nak taruh lagi parcels. minta sy pergi branch lain...hahahah and i obliged..if not nnt muka masam..
When Harapan took over, this malay instutition started to make losses! I don't know what Mahathir did but then again, everything he touches turn turd! Even since, Pos Malaysia has been making tons of losses! So yeah, Lazada and Shopee no longer using Pos Malaysia! Shopee also start to drop JnT! But of late, i also don't dare to order anything from Shopee! Their logistic is total nightmare since dropping JnT!
I didn't buy any POS shares even though tempted and so cheap now. ever since I had bad experience with the staff during one of the MCO time, I have lost faith in this company. I went to an outlet to renew driving license, no queue at all, I was the 2nd customer. Due to without appointment (I went to the website to book an appointment as advised by the staff, it's fully booked until 3 weeks later, I don't know why), the staff refused to renew my driver license but continue to play her handphone!! I was there for 15 mins to observe what the crowd was like, it was absolutely no customers at all except me and another old uncle. I believe the old uncle also piss off. I only heard him asking the male staff what is the phone number and the staff didn't even answer and continue with his phone browsing (again). I totally agree with TirpleMMM (Pos is dead).
Pos malaysia has the MOST EXTENSIVE TRANSPORTATIONS NETWORKS in Malaysia so if the company does not make money then there is something very wrong with the NEW CEO and the management .
Charles Brewer has been the Group CEO for a few months now. Hope Pos Malaysia can be great again. Maybe Pos Malaysia can transform into companies like Amazon or Alibaba.
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....
sweetpotato
60 posts
Posted by sweetpotato > 2021-11-17 11:34 | Report Abuse
very disappointed results. need a lot more political will and courage to totally revamp POS.