What Kind of Warning is This?
Thursday, May 17, 2007
My Dearest Moo Moo Cow,
I was just told about this newsclip on Star Biz. Bursa Malaysia cautions investors on Transmile
- Friday May 18, 2007
Bursa Malaysia cautions investors on Transmile
KUALA LUMPUR: Bursa Malaysia has warned players to be cautious of their investment decisions on Transmile Group Bhd's securities in view of the non-availability of reliable financial information on the latter.
In a statement yesterday, the exchange said it viewed this seriously and had reminded the company to make necessary disclosures on its actual financial position to the market as soon as possible.
On Feb 15, 2007, the company announced an unaudited pre-tax profit for the year ended Dec 31, 2006 of RM206.73mil.
Subsequently, on May 7, the board expressed concern on the reliability of the unaudited consolidated results.
Transmile is involved in providing air-freight, aircraft engineering and maintenance services. – Bernama
TransMile receivables issue was known on May 7th. ( See Transmile Receivable. )
A warning to the investors only on May 18th?
Seriously my dearest, I wonder for whom this warning serves?!
Really!
0 comments:
Post a Comment