Asiatic    Last:0.004   -

WE WANT OUR MONEY BACK!!!

please lead the way for us minorities mr activist!!

Like Malaysia example, alleged abuses at Asiatic may have pushed the company' s ACTUAL debt to a level beyond repair. managentment and boarad must be replaced by the next AGM in July if not sooner. it is urgent we find out the real state of the accounts and i hope the auditors will provide better disclosure in their upcoming   audit report befitting of Big 4. Board and Mgt must be held accountable if dishonesty or wrong doing is uncovered.
 

 

I trust Mid Tiers nowadays.  Value for money too

Teochew      ( Date: 21-May-2018 22:00) Posted: Don' t forget the audit company get pay from the one who engaged her, so the report must be written in a manner to suit the paymaster. As for engaing the the big 4,  it is due to the confidence level, similar to most of Singaporeans don' t belive the small political parties.    waters      ( Date: 19-May-2018 18:49) Posted: realised alot of companies wich are audited by Bug Four have fraud.  The high audit fees paid to Big Four is not worth the value at all. using mid tier is better value for money like BDO, RSM, Baker Tilly

 

Don' t forget the audit company get pay from the one who engaged her, so the report must be written in a manner to suit the paymaster. As for engaing the the big 4,  it is due to the confidence level, similar to most of Singaporeans don' t belive the small political parties.   

waters      ( Date: 19-May-2018 18:49) Posted: realised alot of companies wich are audited by Bug Four have fraud.  The high audit fees paid to Big Four is not worth the value at all. using mid tier is better value for money like BDO, RSM, Baker Tilly

 

The people power to fight for their rights ,,, Look at the ending of Najib ,,https://www.channelnewsasia.com/news/asia/najib-rosmah-raids-children-pavilion-residences-complains-1mdb-10250026
 

ACTIVIST_SPEAKS      ( Date: 20-May-2018 08:49) Posted: --- Post Removed by User ---

 

realised alot of companies wich are audited by Bug Four have fraud.  The high audit fees paid to Big Four is not worth the value at all.
using mid tier is better value for money like BDO, RSM, Baker Tilly

 

Audit is a valuable tool to increase investors' confidence in listed companies. The auditor' s job is to provide a check on the financial account by expressing an opinion as to whether it presents a true and fair view of the company' s affairs.  http://asiaticminorities.blogspot.sg/2018/05/bloodhoundwatch-dog-and-goofy-auditis.html

 

Look at the ending of Najib ,,https://www.channelnewsasia.com/news/asia/najib-rosmah-raids-children-pavilion-residences-complains-1mdb-10250026

goodman      ( Date: 19-May-2018 11:22) Posted: You are right, SS! Matter of fact, such situation should be really publicised!! This is to teach any listed company, the consequences of drawing a salary (I did not use the word high salary) and not performing. It?s totally unacceptable... Can anyone accept a taxi driver to be paid in full and not able to perform the minimum requirement of a driver?? Needless to say of the directors running the company.

 

Yes ,, we, minority / retail investors  never ask for millions $$, we only want a fair deal ,, reasonable CD, share price ,, we gave $$ for the company to do business, pay salaries and you treat us like fools ,, bully us ,,

Starship      ( Date: 19-May-2018 09:46) Posted: An excellent news article for whoever owns any  stock at all.    A new dawn has suddenly arrived for small retail investors. Small retail investors are no longer just coffeeshop uncles & aunties of past decades. Nowadays, there are tons of young, savvy investors who research and study deeply into markets and the stocks they buy. Even the uncles and aunties investors nowadays have decades of experience in the private sector witnessing how the real  world of money works. Retail investors need to unite as one to ensure  BB sharks  don' t gobble us up like anchovies then laugh all the way to their banks.  Whenever we notice BBs setting up baits to hook retail investors, we must not only swim away, but also Warn All Other Retailers Of The Danger. Greedy BBs will only become extinct when when retailers no longer get hooked.

 

You are right, SS! Matter of fact, such situation should be really publicised!! This is to teach any listed company, the consequences of drawing a salary (I did not use the word high salary) and not performing. It?s totally unacceptable...

Can anyone accept a taxi driver to be paid in full and not able to perform the minimum requirement of a driver?? Needless to say of the directors running the company.

 

An excellent news article for whoever owns any  stock at all.    A new dawn has suddenly arrived for small retail investors.

Small retail investors are no longer just coffeeshop uncles & aunties of past decades.
Nowadays, there are tons of young, savvy investors who research and study deeply into markets and the stocks they buy.
Even the uncles and aunties investors nowadays have decades of experience in the private sector witnessing how the real  world of money works.

Retail investors need to unite as one to ensure  BB sharks  don' t gobble us up like anchovies then laugh all the way to their banks.  Whenever we notice BBs setting up baits to hook retail investors, we must not only swim away, but also Warn All Other Retailers Of The Danger.

Greedy BBs will only become extinct when when retailers no longer get hooked.
 

 

Talk here, any action needed our minority holders support? we like to hear leh...

ACTIVIST_SPEAKS      ( Date: 19-May-2018 07:52) Posted: --- Post Removed by User ---

 

Ya if no kpkb than let   management eat all loh...

guiren      ( Date: 18-May-2018 08:44) Posted: You guy are Awesome ,, you help  a lot of minority investors ( unties n uncles ) don' t speak or read English and were bullied all these years ,, ACTIVIST_SPEAKS      ( Date: 18-May-2018 08:17) Posted: --- Post Removed by User ---

 

You guy are Awesome ,, you help  a lot of minority investors ( unties n uncles ) don' t speak or read English and were bullied all these years ,,

ACTIVIST_SPEAKS      ( Date: 18-May-2018 08:17) Posted: --- Post Removed by User ---

 

Than how to get back 4c ?...maybe a paper certificate only?

smartrader      ( Date: 17-May-2018 20:14) Posted: PPSEZ power plant is worthless ?

 

PPSEZ power plant is worthless ?

 

Just talk only action lah...we see any supporters come in to buy up ?

Splendid88      ( Date: 16-May-2018 22:40) Posted: I applaud all efforts by minorities to force the board to act to stop the mismanagement of this company .. I wish that the Nav can still yield 4 c but if you do some proper forensic accounting, I may be right that the holding company is almost worthless . There is a reason why the stock is trading 1.-1.3 c.  you need to urgently find a white knight if we shareholders are to get our money back .

 

Maju Intan is very heavily debt laden. I believe in the last audit there was an &lsquo emphasis of matter &lsquo - if of asiatic as a going concern . 
Urgent Action by major shareholders is critical as company is barely solvent.!!

 

Hope the majority shareholders like Brian, Bobby and Bernard will do something soon.

 

I applaud all efforts by minorities to force the board to act to stop the mismanagement of this company ..
I wish that the Nav can still yield 4 c but if you do some proper forensic accounting, I may be right that the holding company is almost worthless . There is a reason why the stock is trading 1.-1.3 c. 
you need to urgently find a white knight if we shareholders are to get our money back .

 

I support with both hands if can realise at least 4 cents after minusing legal costs etc. Please share the next step for this to happen.