Reccurent profit warnings are starting to sound like a broken record...
Seems to be the same songs of incompetence from this Singaporean family run business... We need to start looking at external managers, and sweep out the sim roots...
A poster raised factual problems that the robot was a dud, but I ignored it because management didn't raise a problem, instead they glorified a imminent point of inflection... What utter bs...
I'm starting to see a shareholder led point of inflection starting to take shape...
Step 1; raise the corporate governance question: what the hell is the son doing in the mix... Not all father son teams work out... Sim jr has sunk his dad's (shareholders) hard earnt into dubious fad projects at this point, which raises doubts as to whether Sim Jr or even the company has really any idea at all... "Oh let's just dabble $xx million in robotic surgery"... Blue ocean strategy...
Step 2; shareholders realise we are in an "alamak!!" moment
Step 3; uproot the sims, stop the waste
ZGL Price at posting:
28.0¢ Sentiment: None Disclosure: Held
