Some tussle among the board members causing Alex to leave, bad for the company, that why Alex selling his share end last yr, not good if no clarification from him
Alex replacement not announced, rest assured the company business still intact, remember buffet words, the company business type must can run even any CEO take over
Co will announce new CFO, where I promise the candidate is of equal / own more experience and calibre to bring wellcall to another height. Fundamental is strong, expansion on going as plan, depreciation of USD is a strong point, so no issue here. We are working for full year RM 40 million profit when the 3rd factory commences on July. Selling pressure is normal for insti / retail who just bought recently. Give Chee Chek a good rest and we will definitely welcome him return to the company when he recovers either as NED or ED. We wish him good health. And good job in past 10 yrs. Thank You.
so resignation of Alex Chew will affect the business running on wellcall?? "我第一次见他是在大约三年前槟城的wellcall座谈会,那一场交流他谈了很多。。。(篇幅太长)。这三年里他最大的功劳是当wellcall 超级推销员,各位不防拿三年前的三十大股东和现今的比较。功成身退是我对他最后的结论。" above statement was copy from investalk
Chee Chek resignation will not affect the co operation. As everyone knows, our company key and instrumental people is Managing Director, Mr Huang Sha. As long as Mr Huang is in the company, everything remain intact. Chee Chek is our CFO where his previous duty is on finance & treasury. New CFO will resume our group policy. Chee Chek's health is more important than Wellcall, we have to accept and welcome him back anytime when he recovers. There is definitely no board struggle as rumoured in the market.
There is buyer there is seller. Talents everywhere. Wellcall if it is a good company, they can handle it smoothly. the seller view it as risk... Buyer view it as opportunity... Discount?
Possible venturing out as he is disposing share, if health problem, he can remain his stake and change to non executive, I doubt he has health problem, there are some good examples in good companies where director remains until they die
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omgimnoob
514 posts
Posted by omgimnoob > 2015-02-26 12:23 | Report Abuse
Anyone attended Wellcall AGM, please share some information here.