Market's view on Kibo Energy
Published on April 2024
Stock Watchers’ Discussions
- Concerns about the company’s sustainability and management, suggesting that leadership has severely damaged the company and should be held accountable.
- Criticism of the company’s business model, which involves selling valuable assets to maintain salary payments.
- Skepticism about the value of purchasing research on the company, with a history of misguided broker analyses leading to shareholder dilution.
- The company’s high share issuance and its impact on shareholder value, reflecting management’s poor decision-making.
- The potential financial repercussions for significant stakeholders due to ongoing poor management.
- Frustration over recent company announcements perceived as embarrassing, indicating a lack of proper corporate governance.
- Acknowledgement that the company is likely to fail, which could allow stakeholders to move past its downfall.
- Speculation on the company’s financial maneuvers, including asset sales, which might not suffice to prevent bankruptcy.
- Concerns regarding intertwined financials and operations between the main company and its subsidiaries, complicating the financial stability of both.
- Criticism of inter-company financial arrangements perceived as unethical and akin to money laundering.