Pariah EN also hiding liao. Last time his fb day day show off what awards he is getting. Commen company of the year. Now the bros also taking opportunity to gasak more. Haha
If RGB keeps on making losses, its shares will continue to be depressed and its accumulated retained earning will be depleted to the extent that dividend can no longer be distributed due to insufficient reserve. Some thing positive need to be done fast and steady. Who can do it ?
Gathered from the way it goes, nothing positive is being done by the incumbent but some thing will be done by the Duo if only the duo legitimately take over control of BOD. Until then, the show of loggerhead is insidious day in and day out..................
Margin calls for EN is underway and he is expected to sell more of his shareholdings cheap off market again and again. EN is paying a very very high price for his loggerhead with the Duo...
The yourtuber is misleading to say that EN is still holding substantial shares but actually he has been offloading his shares fast and furious. Secondly , she has failed to highlight the involvement of the notorious group and other hostile BOD members in control with bad agenda. She has put too much on the quantitative factors without due regards to the qualitative factors bearing in mind that the Company is made up of management but not the other way round.
When the Master wins, his followers win naturally and vice versa..No big deal if the master has also invested in his picks recommended to his fellowers in good faith to the best of his confidence.
However, if the master has acted opposite in his picks,then the master deserves to be shot
Don't let EN to make any come back. Let him and the 2 bros to rot together. Best let the price continue to be at a very cheap price for many years to come.
EN is still in direct control and management of the Assets including tons of funds in RGB. EN was once reported to have abused the funds through "related parties transactions. He will continue to exhaust the resources through collusion with third parties ( likely to be Mafia group ) under the camouflage of " third parties transactions" this time round at the expenses of the investors.
By the time when the Duo manage to return to control, the Company would probably become an empty shell.
Company like this best close shop. But do take note all these pariah conmen will soon start new companies. Remember, if they do, do not invest in any of their companies. Let them rot all the way especially EN and the 2 bros. EN why go delete your fb??
Disposing company Vehicle illegally? But isn't it register under personal name? Oh Dear!!!! why such a petty things and not significant can get so ugly and complicated.
Purchase and sale of Company vehicle must be approved by BOD. But if the car has not been approved by the BOD, then it was not a company car . Hence , there is nothing wrong to register the car under personal name. The question of company car doesn't even arise. Since it is not a company car, there is no need to have approval from the BOD to dispose of the car.
If the said car was purchased using company fund and the car was registered under Dino's name, then the fund should be taken as advance to dino who is required to repay in due course. No big deal. Since the car was purchased quite some time ago, the auditors of the company would have carried out the audit accordingly and duly reported of such transaction.
Hence , i think the case against the duo is untenable.
More margin calls are expected for EN, more funds are required by him to restore the Margin finance . He might stage the hostile take-over by Mafia group for a personal term when he is in a desperate situation right now.
EN is trying to keep the duo busy with the lawsuits no matter how petty they are so that the duo have no time to plan to re-capture control of BOD.
Following the cancellation of special audit by the auditors on the irregularities ordered by EN( such irregularities might never exist and were not justified to be investigated,EN was not happy about it but continue to dig out the old issue against the duo such as the car purchase issue which ,i opine, is untenable.
As pointed out,the previous resignation of the 3 directors was basically to make way for the current new appointment of five directors,some of whom are either from mafia group or directly and/ or indirectly associated with the ugly.
As expected, EN has sold all his shareholding off market to the purportedly " Mafia Group " which is believed to be the major shareholder together with nominees now to take over the BOD , which is seen as a harbinger of the downfall of RGB.
Bye bye revenue. Pariah EN and his gang will start a new company soon. Once again, they will be listing in under IPO again! And the duo now will be fighting with the mafia gang.
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....
redhotpepper
651 posts
Posted by redhotpepper > 2023-03-13 09:15 | Report Abuse
eh ini counter harga bila mau jatuh la?