Tuesday, October 20, 2009

All Is Forgotten In A Bull Market!

Posted the other day: How Much Do You Really Care About OUR Stock Market?

On today's Star Business:
Better voting process necessary in shareholders’ meetings


  • Credit-Suisse Securities (M) Sdn Bhd head Stephen Hagger said the local corporate governance scene had improved significantly over the years, but issues such as related party transactions remained a major concern.

    “Unfortunately, the bull market is bad for corporate governance as all is forgotten in a rising market,’’ he said.

Sad but true.

Yeah, who cares about bad corporate governance??

Most important is the opportunity to make money!

2 comments:

The Contrarian said...
This comment has been removed by the author.
The Contrarian said...

Dear Moola,

would u kindly do a review on NSTP/Media prima dealing, is it right to make deals like this anymore, and do u feel the price is justifiable?? how would u value such a deal, im clearly aware how illiquid assets can be but NAV of 4.50.. definely deserve more than 2 bucks and a few warrants.... Thank you very much