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Cinram International Inc T.CRW.UN



TSX:CRW.UN - Post by User

Post by Kanuckon Oct 07, 2011 9:59am
274 Views
Post# 19129225

Disgusting treatment of share owners.

Disgusting treatment of share owners.This company is sicking..
Once traded at 25 dollars..now 4 cents.
This year alone 100million of  shareholder marketcap distroyed this year!!!!

One might ask why why why ...
Mangement mangement mangement or lack of it is my opinion...

They still produce a great product.
Last time I was in all the stores they still sell cd's dvd's blue rays...
Amazon has a huge selection..
The studios still advertise on TV the release of their movies for sale..
The way Cinram acts its all doom and gloom..
The CEO is non existant...yet he earns a million a year..for WHAT..
That idiot can't even figure out the share price slid..
He can't even turn a profit with at least 500million in revenue....

He lets the sp slid millions on 1 thousand in trades....
Everyone now has lost all hope which probably what the slimball wants.
He will get some kind of huge bonus or kick back when Cinram gos under or is bought for 10-cents a share...
He refused to give investors a single reason to hold of buy this once great Canadian company...
Thats what you get when you hire a foreigner that only cares about his own personal gain..
Had he of just done a tiny share buy back or better bought shares with his own coin things would not look so dismal.
Yesterday I was putting in a bid for more..
Because the dumb side of my brain still believes they can easily turn this around..
But I decided against it..With a CEO this dumb who has to hire a financial consult to figure this out..
Maybe they'll do the right thing fire him and hire the consultant as CEO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
I could go on and on but whats the point SHAREHOLDERS GET SCREWED ONCE AGAIN..
I'm proabaly one of the last idiots left in this company..
Kanuck rant out
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