Comments received from the posting: And Swee Joo Comes Crashing Down
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Due to some random advice, the posting had been edited out. Sorry.
Moolah.
Tuesday, September 21, 2010
Reply From Simon Templar: Swee Joo Bhd-Behind The Curtains of Deceit
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9 comments:
Horror story for minority shareholders of Swee Joo. Using public company resources for private business, getting kickbacks from suppliers, conflict of inrterest and all kinds of malpractices which should be considered as acts of CBT. Swee Joo is not the only one. I believe there are scores of public companies with these kinds of malpractices. The credibility of the directors and managers should be the prime consideration for decision whether to invest in a company. Moolah, well done, kept up your effort to expose these culprits. You should, as a shareholder, write to SC on Swee Joo too.
Posting was made by 'Simon Templar'.
Err.. there was NEVER EVER a fundamental reasoning to invest into the company.
And if I did made the mistake in investing in such a stock, I should had acknowledged my mistake long ago.
i-Capital invested in Swee Joo. Sold it at a loss.
MOolah
did not read the random posting today before you editted. If it is related to SJB please copy the email to :-simontempler3@gmail.com
SJB case was a real piss off that research was done extensively.A perfectly healthy company having succumb to greed & malpractices.
I am sure post would have been read by SJB people. Come out to admit your faults or flaws. Otherwise get flushed out.
What SC should do is,keep their identity monitored wherever similar names are appear including cronies.Matter of time,there will be revelation.A culprit will attempt once again if he/she walks free in society.
Mind lingers beyond 1 question,primarily how the hell these guys sleep at night despite the atrocities done to public funds to enrich themselves and family and generations after that?
Mind boggling mental strength.
Simon: Some of the issues highlighted are rather strong accusation against the company.
Perhaps it's best that you send a detailed email to enquiries@bursamalaysia.com.
Download the complaint form: http://www.bursamalaysia.com/website/bm/COMPLAINTS_FORM_240807.doc
Make sure you enclose all the sources of imformation.
rgds
For more info: http://www.bursamalaysia.com/website/bm/complaint.html
yes simon pls update us on the status of the complaint.. we are all interested
thks
Simon: If you would like to refer, do see this posting: iCapital And Swee Joo.
If you scroll to the middle of the posting..see from 'Let's look at Swee Joo's historical earnings and events.
It was listed back in Oct 2006... '
I could be wrong but based on the quarterly earnings, there was NEVER EVER a fundamental reasoning for anyone to invest in the stock.
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