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Old 20th March 2010 | 23:21
  #27 (permalink)  
broadband circuit
 
Joined: Jan 2008
Posts: 743
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From: Hong Kong
Big Picture indeed!

How can a capt (level D) be anti-company? He IS management.
I'm here to tell you BlueEng, that I am actually extremely pro company. I'm in fact extremely anti- the current management team. They have been for many years (and continue to this day) leading this once-great company to ruin, all in the name of "shareholder value" (read: their bonuses)

Their outlook is just simply too short-term, which is NOT the outlook that the majority of the staff have. By attacking their staff, and whittling away not just our contracts, but also the product under the almighty umbrella of "cost cutting", they have greatly decreased the long-term value of the company. How is that in the interest of "shareholder value"?

Notice that the share price "fluctuates" between HK$12 & $19 (approx) normally, although in temporary crisis times such as SARS, & the GFC, it has been lower. Yet, strangely, some analysts believe that the true value is potentially $25 - $30, based on the fundamentals etc etc etc.

Why then hasn't the market driven it to $25? What is scaring potential investors from forking out the big $$ for stock code 293? (rhetorical question)
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