Summary of Telecon with MSAH Investor Relations
1. Alliance Advisors admit there is an almost full disconnect between the thinking of the IR Firm and the MSAH Management in China. The Management (Mr. Liu) is for the time being not at all interested to invest time or money to improve communications to the market or shareholders.
2. As there are only 137 shareholders for this company and 1 majority owner (Mr. Liu owning 95% of the company)and the share trading volumes are exremely low, the following actions have been suggested to Management (by the IR company and also shareholders):
- Pay a dividend to shareholders to motivate them to stay on board. Management (Mr. Liu) Decision = NO
- Share buy-back programme: As the trading is almost zero, why does Mr. Liu simply not do a share buy-back as there is little point of keeping something on a stock market which does not trade?
Management (Mr. Liu) decision= NO
In conclusion;
Mr. Liu (who is the owner, manager and self nominated King of MSAH) has no interest at all in keeping any simple shareholders somewhat motivated.
It is very worrying that there is a disconnect between the IR Firm and the Management, which has resulted in a very low level of communication to existing and potential shareholder and also
casts a shade of doubt on the seriousness of this company. Is this company indeed doing what is stated in the few press releases or is it a mere fairytale? Who knows. I am myself doubtful about the real existence of this company. My gut feeling is not good. I do hope that someone could prove me wrong here as I have quite some money invested here.
MSAH Shareholders, please raise your voice!!
