their MD answering the question of BFm Dj when being asked
why listed instead of getting an overdraft/loan from bankers for expansion.

He say they can't get a bank loan without director providing personal guarantee which their director refused to do so, hence they opt to list...
And he is happy that the company got ZERO gearing...
means banker also don't want lends money to them...
even bank lends money to PN17 companies...
Erm... so?!?!?!??

The MD is being TEMBAK by the DJ many times...
for matters like forecast of revenue growth by 10 times with the SAME amount of money spent for advertising...
And 8 times BOOK VALUE which is the one of the MOST EXPENSIVE telco in Malaysia, even established competitor like Maxis which belongs to Anandan well-known for over-pricing IPO only priced at 5 times BOOK VALUE...
He keep on mentioning the revenue will growth by 10 times...
Let's see....

http://www.bfm.my/assets/site/download.php...20XOX.mp3&p=222