GLCs are managed by Political appointed men who could or couldn't be "qualified" to be a fit and proper person. Some are professionals, some are from non-related field, some are "lucky" to be there. No matter how, it is beyond our control.
SIME recent huge loss due to mis-managed, or forced to takeover "sure loss" business? One thing is for sure: SIME, being a king in GLCs, it has crashed investors confidence on GLCs. A Cash Cow is down, what would happen to the junks?!
Time for GLCs to be run by professionals.
Monday, May 24, 2010
Sunday, May 9, 2010
MISC & MISC-CI
MISC #3816, $8.86, deserved a dividend of 20 Sen. (Not announce yet.) Previously given 15 Sen. Buy before the announcement. Also consider MISC-CI #3816CI, $0.12 for short term trading. It was issued $0.150. Buy on weakness.
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About Me
- Remisier OH
- 1991 B.A. WWU USA. 1992 Portfolio Manager. 1994 Remisier. 2005 Certified Financial Planner.