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Asia Pacific Wire & Cable Corp. Ltd. Message Board

  • blake70126 blake70126 Apr 30, 2012 5:03 PM Flag

    Earnings

    Doesnt look good! This company is a sham!, Always seems to disapoint!

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    • Yahoo had the earnings date listed. I assume the company was not eager to advertise a loss, so there was no big promotion there. Now that the flooding disaster is behind them (and they may yet recoup some losses via insurance coverage) and copper prices have recovered a bit, I expect increasingly good news going forward. We'll see.

    • The problem imo, is that there is absolutely no semblance of shareholder relations. Did anyone know the results were coming out today? I thought they hired some firm to handle investors and pr. You would think a press release would have been issued a week or so ago, to let holders know the numbers were coming out. Total irresponsibility and negligence on the part of mgt. If you are going to list in the US you should act like other companies listed here.

      Bottom line is that this company has a controlling shareholder that doesn't care one bit for other holders. Others may talk about a buyout sometime in the future. If it does happen it will be because the business is getting much better and the controlling shareholder and mgt choose to steal the upside from the rest of us.

      I am buried in this and hoping to salvage some bit of my investment. There is real value in this company, but a with manipulated stock with a mgt on the other side of the world that doesn't care about its shareholders it is hard to see how we are going to benefit.

      Good luck to all.

    • Where is Naga? He was a big cheerleader! Not cheering anymore? Nothing to cheer about I guess!

 
APWC
2.52-0.08(-3.08%)Jul 30 1:03 PMEDT

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