6:47PM POS Credit Suisse Group AG (14,000 Shares Acquired)
6:46PM POS Credit Suisse Group AG (52,200 Shares Acquired)
6:46PM POS Aberdeen Asset Management PLC and its subsidiaries (25,600 Shares Acquired)
6:46PM POS Aberdeen Asset Management Asia Limited (25,600 Shares Acquired)
6:46PM POS Aberdeen Asset Management PLC and its subsidiaries (212,300 Shares Transacted)
6:46PM POS Aberdeen Asset Management PLC and its subsidiaries (71,800 Shares Acquired)
6:46PM POS Aberdeen Asset Management Asia Limited (92,300 Shares Acquired)
6:46PM POS Aberdeen Asset Management Asia Limited (71,800 Shares Acquired)
Question:
Why Aberdeen Asset Management Asia & Credit Suisse as international fund manager pick POS Malaysia Berhad? POS is making losses since 2007. I think the management from POS Malaysia Berhad, don't know how to manage business, good business become bad business, losses. Don't you think their management very very lousy?
Please let's me know if you find some good answer why they buy POS. I check the valuation, not attractive at all for one business, with more than 3 years EPS negative. Sleeping Manager working inside, How to generate profit?
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