"...Since March 2010 under the present President, the stock price of Star Publications (M) Bhd has dropped from RM3.35 to RM2.40 presently (or by 28.4%). Unrealised capital loss for MCA is RM297.8 million!
During this same period, Bursa Malaysia’s Composite Index gained a whopping 33%.
Firstly, I was surprised that the President of MCA articulated on making money as a political party. But even if that was an objective, it actually lost almost RM300 million instead. To be kinder, adding back dividends paid, it broke-even.
Don’t get me wrong. I have no interest in MCA politics. As an analyst, the recent debates call for an analysis of the facts. And in so doing, questions beg to be answered."
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During this same period, Bursa Malaysia’s Composite Index gained a whopping 33%.
Firstly, I was surprised that the President of MCA articulated on making money as a political party. But even if that was an objective, it actually lost almost RM300 million instead. To be kinder, adding back dividends paid, it broke-even.
Don’t get me wrong. I have no interest in MCA politics. As an analyst, the recent debates call for an analysis of the facts. And in so doing, questions beg to be answered."
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