Thread Rating:
  • 8 Vote(s) - 2.25 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Stamford Land
01-08-2017, 11:07 PM,
Post: #1531
RE: Stamford Land
(01-08-2017, 07:52 PM)tonylim Wrote: Threatening to sue fellow investors in opening speech is really new and distasteful . Having attended hundred of AGMs , still have yet to encounter such threat .
Investors who were aggressive in raising questions were labelled as attention seekers .
Cut dividend to retain more cash but increased their salaries ?
Chairman received questions from investors , for him to answer on their behalf  in AGM . Without doubt ,something really new for this company  .

Chairman has the right to keep the meeting in order. He don't have to answer any questions not in order. This threat is unnecessary and provocative

Some things are new but retaining cash and increasing own remuneration is one of oldest trick in the book
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward

Find Reply
02-08-2017, 04:38 PM,
Post: #1532
RE: Stamford Land
I find the threat quite appalling to be honest. Sure, some mom and pop investors may like to shoot their mouths off but at the end of the day, they are just investing their hard earned monies and hoping for a better return. He should be magnanimous and just ignore them.

That being said, I know a line should be drawn somewhere but so far most of the gripes or comments I have seen in the public sphere are the standard stuff that you would expect to hear regarding listed companies (and especially so for one that has reduced the dividend payout significantly two years in a row but has not provided any clear plans on what it plans to do with the monies from the reduced payouts)...Am I going to get sued for saying this?

For VBs that attended the AGM, did they mention plans to improve shareholder value? (e.g. the potential Reit, future plans, share buybacks)

Find Reply
04-08-2017, 09:55 AM,
Post: #1533
RE: Stamford Land
He should ask himself a honest question ; Without public monies , can HSH grow its business and hotel/property portfolio ?
What was the point of saying fair value gains was only part of his remuneration , but didn't pay back to company when there were fair value losses ?

Find Reply
08-08-2017, 12:52 PM,
Post: #1534
RE: Stamford Land
Tried to check whether there was share buy back mandate by the company but to no avail. Is there a mandate for share buy back by SL ? Hope some buddies here can advise , thanks.
“risk comes from not knowing what you’re doing.”
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.

Find Reply

Forum Jump:

Users browsing this thread: 1 Guest(s) | Return to Top | | Lite (Archive) Mode | RSS Syndication | CONTACT US: |