The auditor tarnished the company's financial position with disclosure of its financial constraints, esp on cash flow, b4 the company announces its impending quarterly results. Just guess y both the parties allowing such a degrading announcement to be made at the wrong time. Conspiracy theory to press down the stock price for accumulation or else?
SUSPECT THEIR ULTERIOR MOTIVE IS TO FRIGHTEN THE WEAK HOLDER FOR SHARE ACCUMULATION PURPOSES. They will announce the quarter results at eleventh hour. Just my guess. Trade at your own risk.
LTKM n PW consolidated which r in the same industry as farmbest r reporting excellent results, the best ever. Sth is very wrong with farmbest if it reports poor results.
Aiyo.......hope the result is improving lor....after competitors released better results.......else......no eyes to see liao.....change auditor at the point of time is not a good sign lor......ha ha ha
The Board of Directors of Farm's Best Berhad ("FBB") wishes to inform that the Company has received a Notice of Nomination of Auditors dated 27 May 2014 pursuant to Section 172 (11) of the Companies Act,1965 from F.C.H. Holdings Sdn. Bhd., a substantial shareholder of the Company nominating Messrs UHY [AF 1411] as Auditors of the Company in place of Messrs Ernst & Young ["Proposed Appointment of Auditors"].
Aiyo ....down again......must be accounting takda betul lor....else cannot ike that lah.....sienz si lor.....dunn have to wait until when can rebound......need to camping in polarland liao ...makan ayam goreng.......aiyoyo......ha ha ha
First time heard of UHY. It's make or break. If better then they will make a name for themselves instead of the usual names. Even top names also not so good. Remember the cargo one?
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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....
kimtj
4,486 posts
Posted by kimtj > 2014-04-24 14:36 | Report Abuse
dum dum dum mari ole2