Warren Buffett once said that some company’s reports are more like sales letters than anything and you should look for company’s who can put there hand up when there wrong, all warrens reports tell the good and the bad and he will always say ‘we made a mistake, we were wrong’ if they did...I’m starting to feel like Cedric really just can’t admit sometimes he’s wrong and look what’s happened, he’s lost trust with all his shareholders, we can’t believe what he tells us even if they may be true as we have been lied to over and over again
Honesty is the best policy Cedric, just say it like it is for once and give us a honest announcement not some ‘sales letter’ as if you can’t tell we are all over it
IOR Price at posting:
13.5¢ Sentiment: Hold Disclosure: Held
(20min delay)