Post by
GovernanceQP on Dec 01, 2020 2:45am
Complications
There is a potential complicated situation that has been brewing between FCU and CGN for quite a period of time possibly in some part based on a number of allegations related to FCU management conduct that has surfaced in the recent past.
This potential situation if it exists in whatever form it does may have created a very complicated situation for FCU based on the agreements that exist between FCU and CGN.
Have a look at what is going on between Australia and China at the moment because I think it is likely very relevant to what I think has happened to FCU.
I am critical of the current Australian government because I think a number of the current senior ministers are too arrogant for their own good and their lack of respect and understanding for other cultural norms has gotten them in to a big fat mess.
On another note questions need to be asked of FCU with regard to disclosure. If a big fat complicated mess exists with respect to the FCU / CGN relationship then possibly the time has passed that this information should be made public and if it does not exist then it is very easy for FCU to make an announcement to the market to clarify this fact - other companies react quickly to these types of situations with announcements, why not FCU?
The video below is an example of how to make things even worse. Australians like to travel the world but travelling to another country as a tourist or on business for a short period of time is not the same as living in a foreign country for a significant amount of time.
Perhaps the FCU Board lacks depth to deal with the situation that they possibly are currently dealing with and this is not a criticism because "outsourcing" in certain situations is done by the best.
Or perhaps it is all too late for FCU and absolute carnage is inevitable - can people see how messy this can all get?
Comment by
Bull4u2 on Dec 01, 2020 10:59am
Isn't it time for you to be banned from SH again? Do you have another ID ready?
Comment by
GovernanceQP on Dec 01, 2020 11:06am
Nothing planned - go ahead and report me as much as you like it really doesn't make any difference to me whether I get kicked off or not. I just post here in between watching YouTube videos and stuff.
Comment by
mlcb2525 on Dec 01, 2020 11:53am
You should thank Trudeau for keeping you in the green with the CERB payments every since you lost your entry level accounting anaylyst position at FCU..............
Comment by
Greenday on Dec 01, 2020 2:47pm
@ GovernanceQP - Hey Turner. Quakes has been eating your lunch. You should open a Parler account and try get a first mover advantage on him there. Your blog site using clicks to generate ad revenue is a dying business model. You're living in the past and you'll be out living on the streets of Lima in no time if you don't adapt.
Comment by
GovernanceQP on Dec 01, 2020 4:01pm
Greenday it says a lot about you that you always seem to come to life when the quality of discussion declines to childish levels.
Comment by
gizard16 on Dec 01, 2020 11:28am
Probably from a mental hospital. Like Einstein said,the definition of insanity is doing the same thing over and over again and expecting a different result. Governor has been posting the same shite for years. One of the many nexgen IR posters that make their home here.
Comment by
GovernanceQP on Dec 01, 2020 11:58am
says Da Bow a pity for you and FCU that you have been doing what you have been doing and for what LOL Plently of FCU shareholders would not be happy with you that's for sure.