8 am – Petra Perdana is breaking out nicely !
After accumulating, is it ready yet ???
(It was one of the featured stock that we are studying for case study on last sat Pick Winning Stock workshop held in Phillip Capital’s office)
After accumulating, is it ready yet ???
(It was one of the featured stock that we are studying for case study on last sat Pick Winning Stock workshop held in Phillip Capital’s office)
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The resignation of Tengku Ibrahim as Chairman Petra Energy days before the EGM to remove him, is an expected move but disappointed many share holders who expected to see some facts from presented by him to defend themselves. For some, the decision to resign is a quick way out for Tengku Ibrahim and his supporters, to avoid the whole issue. While he opposed to the EGM, many observers believe this is the last resort taken to save the company. It takes a lot of guts to bring the matter to the open, only then the root cause of the whole problem can be resolved. Clearly he feels that he is being victimised, he should stay and defend himself. He claimed that he left in the best interest of the company, but when then point fingers at the very people who is running the company?
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