i think not because of the fees itself, its about numbers, argument between auditors and company. Something fishy. Could be auditor doesnt want to follow what company needs. SERBA 2.0 .
Changing auditors is normal but the reason of changing is far more important and I knew this first hand because I was one of the earliest who persistently warned other forumers against buying SD when KPMG raised flag against them. I also managed to uncover a bunch of fake multiple IDs who sugarcoated SD's dire scandal.
I'm out at 0.385 not because of changed auditor but because I'm not comfortable with the allegation against Chung Chee Yang where he beat up his bodyguards because they wanted to fast during Ramadan and also the next support line seems to be quite far between 0.34-0.35. I might be wrong on the technical but it's my call for myself. Lost RM1,400 in total here. Not even 1.5% of my total portfolio.
i went back to check SD announcement and the change of auditor is requested by one of its substantial shareholder. but for cypark case, the current contract ends, hence cypark looking to change.... but the reason they gave is due to cost issue....auditor fee so expensive meh?
clearly this guy is the biggest liability of the cypark. More his cases will come up to the court next year...most of them are money laundering related. So better out first..there are much more better counter related to election.. bye cypark, thanks.
any1 know why is there profit attributable to NCI about RM1.5m in Q3 result? due to LSS3 seem not possible bcz LSS3 not generate any revenue yet, the other non wholly own biz is Kg Gajah POME plant also seem not possible bcz the PBT is only RM800k.
haha, cypark dont care la, they still can get rich with high pay. and yet they having cheap esos ticket before, n get dividend for so many years already, all their ticket is freee now
PPa again for lss2 ,meanlss2 still no yet completed, cypark break promised again, this kind of management really suck, i thunk they doing pp dor their own pocket
Don silly, private placement 30% price will be based on 10% discount to 5 day open market price. Mr Chung if clever enough should disposed off his stake as soon possible now
Cheap 30% private placement with 10% discount is only reserve for special 'B' investor in order to retain cypark as 'B' stock, innocent Mr Chung must awaken before too late
this is really shit for the mgm. cant imagine this will happen. now i know the answer why the Tan Sri wanted to sell like hell previously. bcz he know something shit going to happen.
HA !....HA!.......30% PRIVATE PLACEMENT REALLY COMING,.......IF YOU DON`T RUN FIRST,.....YOU WILL BE THE NEXT VICTIM,.......THE BIG BOSSES WANT TO BUY CHEAP !
THE SHARE PRICE MAY DROP BELOW 30SEN BECAUSE OF PRIVATE PLACEMENT,.......THE LOWER IT GO,......THE BARGAIN PRICE THEY GET,.......THE BIG BOSSES MAY HAMMER IT DOWN !
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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....
AhHuat01
121 posts
Posted by AhHuat01 > 2022-10-22 22:54 | Report Abuse
GG.COM is it normal for a listed company to change auditor after the contract ends?!?!?!? don tell me is serbad 2.0