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Corporate Decline in South Africa - Tigerbrands / Steinhoff / Resilient

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Mr_Money
Regular Contributor
2 REPLIES 2
Mr_Money
Regular Contributor

Lawyer "talk" , denial , no empathy , no resposibilty.

 

If the EFF trash Tigerbrands products in stores it wont bother me one bit 

partridge1
Regular Contributor

So perhaps the right question to be asking is why the general passivity of investors - for example around issues of communication? Or the passivity around who is on a board - or how many boards the person is on?

Steinhoff springs to mind as regards the last point. Then the auditors - enuf said!

I have a policy of always voting on the auditor issue - "me and my 300 sharss " I know - but I ALSO note that the Ruperts of this World took note of the responses of the man in the street vis a vis remuneration...

Which I applaud. Its always a step in the right direction. Shareholders should be supportive , questioning and therefore not passive. "Trust but verify". 

Sounds like a  good approach to me?