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i beg your pardon?
112233 ( Date: 07-Feb-2024 09:52) Posted:
maybe he needs a royal pardon. 😭
LoudShout ( Date: 07-Feb-2024 09:45) Posted:
| You are paid not to make mistakes. If you made mistakes that you are paid not to make or you made repeated mistakes, there are 2 honourable courses:
Resign and apologise
Or
Be fired
Don't Mickey mouse with x per cent, variable pay cut.
You still get 100 less x variable for making mistakes and rested the mistakes
Nothing less than resign or be fire |
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wait...is it magic? or fraud? hmm......anyone' s guess as they are not saying anything even after SIAS questioned them...
112233 ( Date: 07-Feb-2024 09:39) Posted:
" Former IPP director Goh Jin Hian liable for US$146 million losses suffered by company: High Court" .... for AEM, firing the CEO is too lenient for the chap. he should be charged for his magic show " now u see my inventories, now u don' t" . pui.
tongphlp ( Date: 07-Feb-2024 09:20) Posted:
DBS CEO taking a 30% pay cut.
What is AEM CEO doing? Other than being fired, I propose 60% or more reduction! Who agrees |
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DBS CEO taking a 30% pay cut.
What is AEM CEO doing? Other than being fired, I propose 60% or more reduction! Who agrees?
eddyeddy ( Date: 05-Feb-2024 20:46) Posted:
Management had a couldn't careless attitude, they ,
fxxcare how we access them. They can tell us to invest elsewhere if we are not happy in this investment. |
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yes, trust completely misplaced..
it will fall every day till AGM....one day drop 10c..it is a goner soon after 20+ days..
Fire the CEO
eddyeddy ( Date: 05-Feb-2024 10:00) Posted:
| No more trust in the company now . |
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best part is without even shorting, it can' t rise..that' s the truth of it..
on it' s path of decline and death. AEM is doom I am afraid..
aragosta ( Date: 01-Feb-2024 16:27) Posted:
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ai lai liao.....all hell breaks loose
tongphlp ( Date: 22-Jan-2024 19:16) Posted:
Vested or not is besides the point..
it looks headed towards 2.5 or lower..
just look at the shortists and vol..
TH is no power against them...
LoudShout ( Date: 22-Jan-2024 15:33) Posted:
The inventory shortfall due to human error in the EPS system, and the migration of system from singapore to Penang caused the current steep decling in share price.
This is after the recently USD20 million settlement of the Advantage arbitration.
What is the BOD doing about this 2 boos boos? Sit and wait till the next shoe to drop?
Remain vested but eager to see actions being taken on the above 2 non operational shocks. |
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lesson learnt...cannot blindly follow Temasek..not all their investments are doing well..
112233 ( Date: 01-Feb-2024 14:29) Posted:
if numbers are doctored or management knew about the problem but did nothing to inform the public, it is the end and it will be Hyflux number 2.
tongphlp ( Date: 01-Feb-2024 14:27) Posted:
there should be some protocols and SOPs in place...if AEM refuses to respond by the stipulated deadline, I suppose SIAS would bring the game to another level...
more drama to be unfolded maybe? if fraud is discovered and numbers are doctored, I wonder would this be? Another Hyflux or Pan Electric in the making... |
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there should be some protocols and SOPs in place...if AEM refuses to respond by the stipulated deadline, I suppose SIAS would bring the game to another level...
more drama to be unfolded maybe? if fraud is discovered and numbers are doctored, I wonder would this be? Another Hyflux or Pan Electric in the making....
112233 ( Date: 01-Feb-2024 11:31) Posted:
| what can SIAS do ? SIAS just toothless tiger. |
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what factory? swept away by the Tsunami in penang..it' s over...
so an oversight and included the factory when there' s none..
game over for this counter
112233 ( Date: 01-Feb-2024 13:55) Posted:
better check if factory at Penang is still there or only left with the cafe. oops overstate " factory" , actually we meant cafe. pui.
tongphlp ( Date: 01-Feb-2024 12:06) Posted:
yup...prepare exit as the dragon takes over..
CDL lost billions in their investment in China and is still well and alive...AEM...overstate inventory and already in this state...what more if report another set of dissapointing results and not on target?
Seriously a goner..
would go down in the books as one of the worst local companies....helmed by a useless CEO.. |
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yup...prepare exit as the dragon takes over..
CDL lost billions in their investment in China and is still well and alive...AEM...overstate inventory and already in this state...what more if report another set of dissapointing results and not on target?
Seriously a goner..
would go down in the books as one of the worst local companies....helmed by a useless CEO...
112233 ( Date: 01-Feb-2024 11:31) Posted:
| what can SIAS do ? SIAS just toothless tiger. |
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this company is finished
eddyeddy ( Date: 31-Jan-2024 10:27) Posted:
| They are interested in the director fees only la. |
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It will continue to drop everyday until there?s clarity
LoudShout ( Date: 31-Jan-2024 09:28) Posted:
It has been a week since SIAS emailed the question to the Co.
Still unable to provide the response.
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shall we petiton for the CEO to be replaced? He' s certainly not up to mark!
Goodwill77 ( Date: 29-Jan-2024 13:44) Posted:
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script got lost while in transit in Penang...
Goodwill77 ( Date: 28-Jan-2024 21:08) Posted:
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It would drop every trading day until there' s some clarity on those murky numbers and how the mistakes are allowed to happen. CEO has to answer for the oversight and be fired by the BODs!
Goodwill77 ( Date: 26-Jan-2024 22:55) Posted:
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the defeaning silence makes things worse...
wonder if Loke Wai San is still alive and kicking....? why he didn' t come out to defend or say a word or two...
FATABA ( Date: 26-Jan-2024 15:46) Posted:
Just one word BAD managememt .
aragosta ( Date: 26-Jan-2024 12:09) Posted:
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Yah...didn' t I said earlier in one of my posting? Intel finds that AEM is dishonest and has no integrity - they will kiss u good bye and it' s the end of the road for AEM..
penny stock in the making...or Hyflux no. 2..
Newlearner ( Date: 26-Jan-2024 16:55) Posted:
https://www.businesstimes.com.sg/companies-markets/aem-faces-weak-outlook-key-customer-intels-revenue-guidance
Really... Suayness and not so good news comes one after another... |
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Or 2 words = SUPER BAD management...
SIAS should have this new award...
always give to the BEST but what about the BAD..
FATABA ( Date: 26-Jan-2024 15:46) Posted:
Just one word BAD managememt .
aragosta ( Date: 26-Jan-2024 12:09) Posted:
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most shareholders panicky + heavily shorted...will 2024 see the downfall of AEM?....it' s anybody' s guess
tongphlp ( Date: 19-Jan-2024 16:15) Posted:
hyflux no 2?
LoudShout ( Date: 19-Jan-2024 13:37) Posted:
(The initial investigation into this issue attributes the shortfall to human error in transactions with the Group& rsquo s ERP system during the migration of production to the Group& rsquo s Penang facility from Singapore. These errors were not detected by the existing controls and processes that are in place. As a result of the Company& rsquo s initial findings, it has embarked on a process to review its inventory and stock monitoring and tracking processes and systems.)
Migration errors? No check and balance? No reconciliation of figures prior and after migration?
Also, system tolerance check would detect the anomalies.
Not human input error, Migration error, system unable to detect..
Share price plunged, shareholders feel the immediate impact.
BOD and management should have their bonuses, share options clawback. |
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the sky is falling
aragosta ( Date: 26-Jan-2024 12:09) Posted:
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