Stock Code “7000”
As a Malaysian investors, this few weeks in doubt on the investment. Because the 7000 and 7101 brought a lot of uncertain issue. Like the annual report base on the MASB accounting policy, guided/govern by Company Act s 164A, KLSE rule and SC control also can give false information. So, in investors’ mind may think they may always mislead by information.
As small investors, I believed they confused by: -
a) Why the company still can traded in the market?
b) Why the company does not classified as PN4 or PN17?
c) Why SC and Bursa never highlight red colour as alert to investors?
d) Why the directors can be resign immediately?
e) Why the directors enjoy the high salary does not carry his duty?
f) Why riches man can buy such company?
g) Is it value buy at below RM5.00 per shares because the big boss also buying at higher than this price?
h) Where is the enforcement law team?
i) Why this company still can pay dividend in the previous year if confirm there is a loss registered in the company?
j) Did investor necessary back to school study again on policy of accounting?
k) Did investors have a right to voice out, if they found fraud in the early stage?
I personally does not have any idea about others question. I am interested on “Is it a big boss buying price above than current market value can brings us a good investment opportunity?”
After review and deeply study, I found that: -
1) Human errors created by ordinary people
My opinion is big boss also is a human being, they also may make wrong decision on investment. I believed they already faced by numbers of fail in their road of success. This investment may only represented 1 or 2 % on their total investments. Furthermore, the human reaction does not follow 100% programming by machine, he/she must obey and sincere.
Big boss does not control the human being because he is also an ordinary people. Any wrong decision does not heavy impact to his group structure. In this case, it also does not means that he is stupid or smart. To review him, it should be study the overall performance and final result has been registered in his history.
So, in this case if we still contribute our investment on this counter, it may bring indirect meaning we are encouraging certain people continue to do fraud/error again. I also believed big boss might soon announce the necessary step to control the bad situation. It can be positive or negative issue on this company. As a smart investor, let the report clear all the uncertain issue only make a decision on investment always is a good strategy. Although is late but already minimise the risk.
2) Big boss main objective is not on this company.
I predict big boss main target is eyeing on company’s air landed license in the world. He waits the opportunity to collect this license. While when your refer his other investments, usually he control the company more than 50% stake. Why this company only above 20%? This is not logic and it brings a lot of question to me.
Now, company registered a big loss, big boss always can play an important role to acquire the particular license by way of special offer. If company in the event cannot continue the business because of fraud, they might compulsory sell his assets to maintain basic status of surviving. I predict the big winner should be big boss. He can use his status to rescue the company by way of offering good premium to buy over the license. Finally, if offering success and assets has been transfer. If you are the shareholders of this company, can you predict what is the value of this company?
3) Big boss investment’s view was not aim for the share price gain.
While refer the particular share price at higher of RM15.00 per shares. It already contribute big boss profit is 100% return, but he never realised the profit.
Refer to his investment history and strategy. Every step he was taken in his business, it should be steady contribute yearly dividend and the particular business channel must under his control or monopoly. He never and not interested speculated in the shares market.
At last, based on the above I honestly predict RM1, 50 per share is the fair value. If I invest its now may face more than 100% lose. Big boss can take this loss, because for him RM300 million like a “peanut” and main purpose on him is not the share price. As discussed above, his objective is monopoly the business channel on the particular business sector. Thus, base on big boss investment price to buy this counter is useless and meaningless.
I hope my litter opinion can help you to decide whether you should invest on “7000”.
Write by Kacaubusy on 25 June 2007.
As a Malaysian investors, this few weeks in doubt on the investment. Because the 7000 and 7101 brought a lot of uncertain issue. Like the annual report base on the MASB accounting policy, guided/govern by Company Act s 164A, KLSE rule and SC control also can give false information. So, in investors’ mind may think they may always mislead by information.
As small investors, I believed they confused by: -
a) Why the company still can traded in the market?
b) Why the company does not classified as PN4 or PN17?
c) Why SC and Bursa never highlight red colour as alert to investors?
d) Why the directors can be resign immediately?
e) Why the directors enjoy the high salary does not carry his duty?
f) Why riches man can buy such company?
g) Is it value buy at below RM5.00 per shares because the big boss also buying at higher than this price?
h) Where is the enforcement law team?
i) Why this company still can pay dividend in the previous year if confirm there is a loss registered in the company?
j) Did investor necessary back to school study again on policy of accounting?
k) Did investors have a right to voice out, if they found fraud in the early stage?
I personally does not have any idea about others question. I am interested on “Is it a big boss buying price above than current market value can brings us a good investment opportunity?”
After review and deeply study, I found that: -
1) Human errors created by ordinary people
My opinion is big boss also is a human being, they also may make wrong decision on investment. I believed they already faced by numbers of fail in their road of success. This investment may only represented 1 or 2 % on their total investments. Furthermore, the human reaction does not follow 100% programming by machine, he/she must obey and sincere.
Big boss does not control the human being because he is also an ordinary people. Any wrong decision does not heavy impact to his group structure. In this case, it also does not means that he is stupid or smart. To review him, it should be study the overall performance and final result has been registered in his history.
So, in this case if we still contribute our investment on this counter, it may bring indirect meaning we are encouraging certain people continue to do fraud/error again. I also believed big boss might soon announce the necessary step to control the bad situation. It can be positive or negative issue on this company. As a smart investor, let the report clear all the uncertain issue only make a decision on investment always is a good strategy. Although is late but already minimise the risk.
2) Big boss main objective is not on this company.
I predict big boss main target is eyeing on company’s air landed license in the world. He waits the opportunity to collect this license. While when your refer his other investments, usually he control the company more than 50% stake. Why this company only above 20%? This is not logic and it brings a lot of question to me.
Now, company registered a big loss, big boss always can play an important role to acquire the particular license by way of special offer. If company in the event cannot continue the business because of fraud, they might compulsory sell his assets to maintain basic status of surviving. I predict the big winner should be big boss. He can use his status to rescue the company by way of offering good premium to buy over the license. Finally, if offering success and assets has been transfer. If you are the shareholders of this company, can you predict what is the value of this company?
3) Big boss investment’s view was not aim for the share price gain.
While refer the particular share price at higher of RM15.00 per shares. It already contribute big boss profit is 100% return, but he never realised the profit.
Refer to his investment history and strategy. Every step he was taken in his business, it should be steady contribute yearly dividend and the particular business channel must under his control or monopoly. He never and not interested speculated in the shares market.
At last, based on the above I honestly predict RM1, 50 per share is the fair value. If I invest its now may face more than 100% lose. Big boss can take this loss, because for him RM300 million like a “peanut” and main purpose on him is not the share price. As discussed above, his objective is monopoly the business channel on the particular business sector. Thus, base on big boss investment price to buy this counter is useless and meaningless.
I hope my litter opinion can help you to decide whether you should invest on “7000”.
Write by Kacaubusy on 25 June 2007.
