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How much TP?
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runaway
Senior |
30-Nov-2018 16:15
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I am puzzled. Both Noble and Kimly are being investigated for suspected wrongdoings. Noble is suspended by SGX, Kimly is not. Is it because we need to Lim Kopi everyday? |
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Starship
Supreme |
30-Nov-2018 15:45
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You' re in luck. Read what our famous Professor Mak Yuen Teen just wrote abt listed companies that tout Independant Directors with titles/accolades/fame/qualifications longer than the Great Yangtze River: Investors should beware of companies window-dressing their boards Published November 18, 2018 Dodgy companies may appoint academics to give the semblance of propriety, independence and objectivity. This is not to say that academics cannot add value to corporate boards or that they should never be appointed as directors of listed companies, but I do wish that some &ldquo professors&rdquo are more discerning in joining boards and that academic institutions are more aware of the potential reputational damage that can be caused by a badly-behaved academic on corporate boards or in other areas. I have received complaints from investors about some &ldquo professors&rdquo on boards here. Of course, window dressing of boards can come in other forms. Recently, there was a S-chip which is in trouble here which announced that it had appointed a director of one of the Big 4 firms as an independent director &ndash and this person is based in the UK when the S-chip has no connections whatsoever with the UK. One would wonder how much value he could really add to the company. I am all for diversity but not insanity. Anyway, that did not last long as that director discovered that the conflict rules in his firm did not allow him to serve on any listed board in any country (I was surprised that he did not know that). Then there are tales of certain Asian companies adding non-Asian directors to impress investors and analysts when they go on road shows. Companies may also window dress by having high-ranking government officials (including former ones) on their boards. Theranos &ndash the US blood-testing company that bled investors dry and took many other professionals for a ride &ndash had several former secretaries of state, generals and venture capitalists on its board. And the young CEO was said to have described the board as &ldquo just a placeholder&rdquo . Investors should also watch out for questionable companies appointing senior lawyers, accountants or other well known corporate figures to embellish their boards. They should be especially wary when companies claim that these are corporate governance experts, as it seems everyone can claim to be one. As always, investors should always watch what their company does, not whether the board has academics or other individuals with impressive-looking resumes. https://governanceforstakeholders.com/2018/11/18/investors-should-beware-of-companies-window-dressing-their-boards/
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sbscap
Master |
30-Nov-2018 15:35
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The independent directors are some big time lawyers and accountant. Interesting. | ||||
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Shifu8888
Supreme |
30-Nov-2018 15:11
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Not Yuuzooo or noble but this reminds me of Jason Holding. Artificial support at this level but when Dam broken, the water will break loose like crazy. It will crash and will crash pain pain. Follow the right tide and Huat for all!
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Berani
Elite |
30-Nov-2018 15:09
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see BB want to show hand at 4PM | ||||
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Starship
Supreme |
30-Nov-2018 14:59
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Shifu8888
Supreme |
30-Nov-2018 14:28
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Turkish Hot pool.....
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sengsk
Elite |
30-Nov-2018 14:15
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This is a slow cook where those frog still happily enjoy like having sauna.
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gravity8888
Supreme |
30-Nov-2018 14:09
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The best is not to touch this account unless u think u can afford to lose.. Questionable counter | ||||
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Starship
Supreme |
30-Nov-2018 14:02
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Or Yuuzoo. 
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laksaman57
Supreme |
30-Nov-2018 13:55
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mini noble | ||||
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Shifu8888
Supreme |
30-Nov-2018 13:39
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When the truth is out, it will be worth only $0.09
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sbscap
Master |
30-Nov-2018 13:32
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Kimly price to book 3.5x from my Bloomberg screen. But book may be overstated if it pays 16 million for assets worth 448k. So share price may go a lot lower. | ||||
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runaway
Senior |
30-Nov-2018 12:03
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$0.19 is is overpriced If the investigation finds more worms in the can, there may be a zero after the decimal pt.
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ysh2006
Supreme |
30-Nov-2018 11:53
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Similar to Ezion after suspension BB also pushed price up to lure us going in....the rest was history!!! dropped till can' t recognised house.
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Observers
Elite |
30-Nov-2018 11:38
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Means those 2 are deem a flight risk? The penalty would be so heavy, the offence so severe that the authorities think they would forsake all the coffeeshops they have in Singapore and run away? Hmm, maybe what' s been revealed is just the tip of an iceberg?
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Berani
Elite |
30-Nov-2018 11:31
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see BB pattern... i monitor whole morning. try to set up big blok... lure retailers go and buy up.... then throw big block
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Starship
Supreme |
30-Nov-2018 11:30
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And economic rice lunchbox too. Lol.
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Shifu8888
Supreme |
30-Nov-2018 11:24
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When MAS and CAD step, I can CONFIRM must have solid evidence. Impound passport some more. For such solid evidence, the source must be from some disgruntled insider whistle blower. This is a criminal case and the perpetrator may face time behind bars if found guilty and no more chance to be director. No joke. Do not play play.....just pray pray. | ||||
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NextEvolution
Elite |
30-Nov-2018 10:58
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Why not to be fast?
Can lim free kopi since Kimly is brewing it daily at their coffeeshops .....LOL
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