tag:blogger.com,1999:blog-17708300.post3683022120989971906..comments2023-10-25T21:25:46.183+08:00Comments on Where is Ze Moola: Yet Another Multi Million Screw Up From IOI Corp?Unknownnoreply@blogger.comBlogger8125tag:blogger.com,1999:blog-17708300.post-79311261826526817682011-10-30T16:19:13.760+08:002011-10-30T16:19:13.760+08:00Notice that your barnyard have
someone been murd...Notice that your barnyard have<br />someone been murdered before<br />a few past years ago. How is that happen ?kinehttps://www.blogger.com/profile/03389145609425005480noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-40745125883486243592011-10-27T16:03:56.169+08:002011-10-27T16:03:56.169+08:00Heard some GANGSTA trying to muscle in on my barny...Heard some GANGSTA trying to muscle in on my barnyard!<br /><br />Scary! <br /><br />:PMoolahhttps://www.blogger.com/profile/16837745401820976707noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-32513245898086887622011-10-26T22:35:52.315+08:002011-10-26T22:35:52.315+08:00ronnie: YES it takes a big man to admit they are w...ronnie: YES it takes a big man to admit they are wrong...<br /><br />but.... have IOI?<br /><br />Let's see....<br /><br />3 years ago.. there was that 73 million lost in the Menara Citibank debacle.<br /><br />And how much was the funky forex losses of over 312 million?<br /><br />What diid IOI do?<br /><br />They then did a 1.2 billion rights issue.<br /><br />And they told the public?<br /><br />Quote: <i>"On the use of the RM1.2 billion proceeds, Lee said, “The funds will be kept for investment opportunities.”<br /><br />On whether any investment targets had been identified, he said: “Not yet. When we have, we’ll let you know.”</i><br /><br />See <a href="http://whereiszemoola.blogspot.com/2009/07/so-why-is-ioi-corp-raising-rm-12.html" rel="nofollow">http://whereiszemoola.blogspot.com/2009/07/so-why-is-ioi-corp-raising-rm-12.html</a><br /><br />See also <a href="http://whereiszemoola.blogspot.com/2009/07/ioi-corp-if-investors-are-not-happy.html" rel="nofollow">http://whereiszemoola.blogspot.com/2009/07/ioi-corp-if-investors-are-not-happy.html</a><br /><br />And now?<br /><br />They are rescinding on a 830 million deal to buy plantation land.<br /><br />Does it look as if IOI knows how to admit they are wrong?Moolahhttps://www.blogger.com/profile/16837745401820976707noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-87125675195793973042011-10-26T21:38:27.447+08:002011-10-26T21:38:27.447+08:00IOI's action should be viewed positively. It t...IOI's action should be viewed positively. It takes a big man to admit he is wrong. <br /><br />There must have been a due diligence audit by IOI; the result which we are not aware of.ronniehttps://www.blogger.com/profile/02874940085203831073noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-79560091251567718632011-10-26T20:08:41.555+08:002011-10-26T20:08:41.555+08:00Next time can you please bring some milk or any fr...Next time can you please bring some milk or any fruit from your barnyard<br />for all your faithful blog readers ?<br />Thankskinehttps://www.blogger.com/profile/03389145609425005480noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-29186444903349421002011-10-26T19:58:40.053+08:002011-10-26T19:58:40.053+08:00From now onwards, IOI i beg that u
please! please!...From now onwards, IOI i beg that u<br />please! please! please! don't issue<br />any corporate exercise of raising<br />money from the minority shareholders<br />such as rights issue ,warrants or<br />loan redeemable. Your company value<br />might erode in future, & suggest u<br />to take action now to privatise your<br />company at higher valuation of >RM9<br />so that we might relieve of our burden of unnecessary support your<br />foolish acquisition endeavour !!!!kinehttps://www.blogger.com/profile/03389145609425005480noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-25808562886322194342011-10-26T18:30:38.557+08:002011-10-26T18:30:38.557+08:00Normally they are caught between a rock and a hard...Normally they are caught between a rock and a hard place. Sometimes, it is embarrassing for such a big corporation to admit their mistake, sign of incompetence. Seriously, no corporation would like to be either be embarrassed or loss such a huge sum. Of course, some are surprise on why the corporation paid such a huge sum for such a small area. Of course, I believe they can rehabilitate the under yield plantation, they may have MISCALCULATED. Normally, in such an acquisition, there are many elements involve, including a satisfactory due diligence evaluation. It could be insufficient disclosure by the seller, hence, making the buyer miscalculate, hence, a non compliance is the only way out and of course, that is not good enough for the investors (big or small). For investor is simple, sell their shares when you thing the integrity of the management is compromise. Look at Sime, loss billions, and E&O case, after a while, investor will forget, and new investor will reemerge. Hard to find a perfect Company, as the perfect world does not exist. period. Trust me, the major shareholder hurts as much as the minority.yauwenchinhttps://www.blogger.com/profile/04826275608822769132noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-72579899631027321152011-10-26T15:37:36.051+08:002011-10-26T15:37:36.051+08:00Typical of egotistic high roller with overspent cr...Typical of egotistic high roller with overspent credit card, having to return the goods the next day..tsk tskbonny bhttps://www.blogger.com/profile/06067749042575826587noreply@blogger.com