Posted the other day: Incredible Talk From Green Packet Yet Again!
Got the following comments from singer ...
- I think you have misunderstood the comment from Green Packet.
As I understand the target is 'revenue' of RM1bn, and not profit as stated in your article.
RM1bn is big target but possible and if an operator in this telco space is not aiming and planning big then they are unlikely to survive.
Singer, I merely commented what I read from the local press and in this instance, I was commenting on what was published on Business Times. Here is the link to that Business Times article: here
Do note that Business Times links are not permanent. Links tend to be missing after time.
Here is the snap shot of the article.
And the arrow indicated exactly what Business Times had published.
Well, I do not not think I misunderstood the comments at all.
Did the reporter misunderstood what was said by the boss or this was exactly what the boss said?
And if the reporter misinterpreted the boss comments, why didn't Green Packet attempt to retract such a massive statement in the press?
Last but not least... what's the point of a company boasting its sales revenue? Isn't it more important that the company shows the investing public it can make money instead of losses?
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5 comments:
Moola, I'm a great fan of yr blog as it is a source of some very good news. Two recent very good articles are the ghost ships anchored east of johor/singapore and the current news abt oilcorp.
I notice that you have links to some others both local and overseas, in alphabetical order. Due to lack of time, it's quite difficult for us, esp. me, to read all of these blogs. May i humbly suggest that you arrange these links according to its popularity such as no. of hits, most read or whatever. Thanks Moola and keep up the good work.
Hilmi,
The blog links are done via blogspot. I have no idea how to arrange the links via popularity or hits. Sorry.
Yup, 1/2 share - we need a responsible news writer and editor. Another 1/2 - The company also needs to clarifies this, not until got queried by Bursa. What is the investor relations doing, if there is one sitting in the office?
Well what if the CEO was NOT quoted wrongly?
Shouldn't the CEO have a duty of being resonsible for what they say in the public?
If CEOs aren't censored for irresponsible statements made, just imagine every other CEO starts making similar billion dollar net profit goal claim!
Moola. Thank you for pointing out the rubbish stocks.
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