I look at MAA’s net profit past 5 years And Tunku Khyra’s yearly salary as chairman (RM4m a year) almost 5% of MAA’s market cap. (84m) And think to myself, why shouldn’t we vote for the German in KNMs case. Tunku Khyra if truly believe in his own turnaround plan then buy up the remaining shares, don’t just talk.
Edgar Lawrence Smith: If a bond yields 4% and a stock yields 4% The stock will outperform the bonds because there were retained earnings that were building beyond that.
That has been true for a very long time but nobody has been paying attention to it. You don't get rich on the dividends that you receive along the way although you are happy to receive them, You get rich on the fact that the retained earnings are used to build new earning power, repurchase shares which increases your ownership in the company.
Company raise RCPS to redeem prior RCPS and for working capital expenses. Amanah Saham Bumiputera as largest shareholder, going to bail out SPSETIA? How does Amanah Saham Bumiputera give so good returns yearly.
Now you know why Idris Harun’s tenure was extended. To do the governments dirty work. Clearly the AGC needs reforming. Not a single public statement issued unlike the US.
Now every top level executive is free to falsify sales orders using company stamps, increase receivables and report big profits. At the same time paying themselves a huge salary, bonus, stock options, and other emoluments at shareholders expense. If got caught, just pay a fine. That is the message the AGC is sending.
Can the next person who interview Tengku Zafrul ask him for a comment on this matter? Would like to know his take on this as Finance Minister.
I saw the channel 4 documentary. And as long as Dato Balachandran remains a shareholder, Dyson should not do business with him. He watched police beat up the worker for a confession and did nothing. He knows this and hence resigned as COO, but yet remains shareholder.
Truly amazing if compound is the resolution. Thousands of investors fleeced. One of the biggest scandal in Corporate Malaysia, and yet nobody ends up in jail. Patronage is alive and well in Malaysia. Sets a very bad precedent.
Serba Dinamik’s actions is not fit to be a public company. Weak corporate governance and blaming others for their own internal weaknesses. The independent and non executive directors who resigned in June can hold their head up high. They were the only ones with integrity and left to preserve their reputation.
We need more ppl like whistleblower99 To warn the investing community of these crooked companies Keep up the good work Bursa has lost its way More concerned with its bottomline Than dealing with actual issues plaguing the market
The blame lies with Bursa for allowing RSS to take over the Malaysian market. Harta made almost 3b in profit this quarter, while Bursa only made 88m. Yet Harta’s market cap only 4x that of Bursa. Do you see a problem here?
Bursa is just like a bookie. If enough people place bets, they make a profit no matter what. All they need is liquidity, and marketing to get suckers interested.
More than 200k active cases locally And Harta >3b profit This is the problem having market makers Yes they provide liquidity But at the expense of pulling down the ship Not that it matters to Bursa Since it is a profit making entity
A fund manager from Fidelity mentioned he avoids Malaysia equities. Due to majority having poor corporate governance and often interference from government heads. FGV is the most glaring example. 4.45 IPO price, and Malaysian government in private forgiving settlers debts. Robbing Peter to pay Paul.