I think this is a terrible reply of course the bank will want...

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Hasty78

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08/04/19

11:18

Post #: 38039498
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Originally posted by aniesbaswedan: ↑

I think that is a teribble question. This is because, I think, to answer it, management could equivocate by simply reiterating the numbers that they have divulged previously, which I understand to be "expected", "potential", etc figure that is unreliable nor guaranteed. As for the mortgage part of the question, I think they could potentially say, "technically, yes", "We are in advance discussion...", etc. As a result, you would get no new useful information nor would you get any certainty whatsoever and all you would get is equivocal, ambiguous answer.

I think a good question is something that demand certainty, something like this:

"How many pearls have been made so far and have they been paid for?" The answer should be very simple and concise because technically, I think, it is an information that SH should have anyway.

"Do you currently have enough funds to build all 16 pearls and launch them on time?"

"How much guarantee are you able to give on future revenue claims?"

Simple questions to ascertain current status and progress.

The information you get from those questions would be some that you would be able to use to make better investment decisions.

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I think this is a terrible reply

of course the bank will want revenue projections ridiculous to say otherwise.

SAS Price at posting: 2.8¢ Sentiment: Buy Disclosure: Held
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