Re: May15/2015 CC
in response to
by
posted on
Jun 19, 2015 05:29PM
(Edit this message through the "fast facts" section)
Hemi,
and as a shareholder, ....
how one can be so consistently critical and negative of their "investment" yet continue to hold it.
If one's trust in management is so non-existent, they should sell and run, far, far away.
You should feel confident and positive about what you decide to put your money into. Unless, being consistently critical allows you the opportunity to say, "I told you so" when things fail, yet, if successful, well, ... all is forgotten and, hey! Let's party.
I'm sure Sankar and staff have best intentions with all their statements. Unfortunately, hoping or even planning to do something doesn't always pan out. These businesses are extremely tough and competiitve. There are hundreds of companies that "HAD" great plans. Unlike investors, they do not look at the stock price day to day as they work and thus, see things much different. They are working hard, ... and trying. I do not doubt that.
Investors are a simple and hard lot to satisfy. They put their money in and demand more when they decide to cash out. They offer no sympathy for the complexities or difficulties of running a business because, they've never done it. Their justification for this attitude is simple, I'm an investor. I don't need to know how. That's why we pay him to do that.
Finally, I think most here are quite knowledgeable about EFL's short-comings and don't need constant reminding of them. We know this is pretty much an un-regulated, free-for-all crap shoot to some extend. Healthy debate I have no problem with. Unfortunately, your posts, have a consistent & excessive negative theme to them.
I've been in and out of EFL since 2002. I'm quite familiar with their history and been to their AGM's. I've dumped them for years when they piss me off and I buy them when I feel positive about the future. That's the world of investing.