Maybe whacked by bangkok Bombing too.
祸不单行。
anyway in bkk now
Breadtalk branding image had taken many hits with several screw ups in the past few months. The management need to review whether they have over stretched their resources by expanding over aggressively.
> I believe the incident is an accident...
The SVP apologised 1/2 days after the video.
I read Founder George Quek apology reported in papers MORE THAN 1 WEEK after the event. He threw in the free bread and the $50,000 donation.
Four years after the first discussion began on breadtalk here in this thread, its revenue has grown but net profit has shrunk. Yet, share price has risen.
I first thought breadtalk to be overvalued, and I could not understand why the market is willing to pay such high multiples for mediocre results.
When will its share price reflect its business performance?
Just wonder.
The profit attributed to shareholders dropped 27% where as profit attributed to non controlling interests increased 43%.
Who are the non controlling interests?
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(09-11-2015, 10:28 PM)karlmarx Wrote: [ -> ]Four years after the first discussion began on breadtalk here in this thread, its revenue has grown but net profit has shrunk. Yet, share price has risen.
I first thought breadtalk to be overvalued, and I could not understand why the market is willing to pay such high multiples for mediocre results.
When will its share price reflect its business performance?
A set of lousy results. Market will eventually judge and when the day of reckoning comes and the tide recedes, stocks artificially pumped, manipulated and supported will eventually eat the dust as quickly as it rose.