Transit-Mixed Concrete Ltd

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#31
money,

Sorry to criticize our idol, Warren Buffett.
At times, he works more like a Corporate Raider. Only when you acquire enough shares in a company, you can force them to do the right things.

It's not possible for us to enforce ANY thing on small companies, that has no other powerful shareholders to act for us.
Anything unfavourable, we can only cry in this forum. Look at Hyflux, what can minority shareholder do? nothing.
Reply
#31
money,

Sorry to criticize our idol, Warren Buffett.
At times, he works more like a Corporate Raider. Only when you acquire enough shares in a company, you can force them to do the right things.

It's not possible for us to enforce ANY thing on small companies, that has no other powerful shareholders to act for us.
Anything unfavourable, we can only cry in this forum. Look at Hyflux, what can minority shareholder do? nothing.
Reply
#32
Rainbow 
something interesting.
1. material changes from unaudit to audit result
2. reclass of current asset to fixed asset (from "Assets held for sale" to "investment in joint venture")
3. NTA dropped from cents: 13.56 to 8.25 (diff 5.31) due to impairment loss

https://links.sgx.com/FileOpen/sesMateri...eID=626450

Stay home and stay safe, everyone.
Heart
Reply
#32
Rainbow 
something interesting.
1. material changes from unaudit to audit result
2. reclass of current asset to fixed asset (from "Assets held for sale" to "investment in joint venture")
3. NTA dropped from cents: 13.56 to 8.25 (diff 5.31) due to impairment loss

https://links.sgx.com/FileOpen/sesMateri...eID=626450

Stay home and stay safe, everyone.
Heart
Reply


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