Creaf (Part 2):
The true level of damage to CREAF now becomes apparent. CREAF ranks only above the three total loser companies of CRUS, OAKT and OPTI, each of which has trashed itself either by complete and utter incompetence and inability to compete, or by willful negligence. OPTI even has a negative worth without cash. Is this what CREAF management aspires to? To be associated with these companies? Is this where they are headed?
CREAF ranks even more noticeably below both AURL and DIMD and well below the average. If they were just at the average, they would be worth $20 1/2. I do not believe for one minute that CREAF employees are worth any less or are any less productive than those of DIMD, or AURL, or TDFX, or CUBE, etc. Does Mr. Sim? But the most damning comparison of all is that CREAF employees are valued 14% BELOW McDonald's, a stinking hamburger joint.
DOES MR. SIM ACTUALLY BELIEVE HIS PEOPLE ARE WORTH LESS THAN A BUNCH OF HAMBURGER FLIPPERS? DOES THE MARKET?
I know one thing. If I were an employee of CREAF, I would be LIVID that CREAF management had devalued my efforts to the point of being worth less than a hamburger jockey. And if I were a member of management, I would be both appalled and ashamed that I was a part of this condition. I don't care if anyone calls me a whiner, the situation is both INCOMPREHENSIBLE and INTOLERABLE! The company's business condition doesn't justify anywhere near this level of butchery.
I truly do not understand the apathy of both employees and shareholders over this situation. I do not understand why there isn't both an employee and shareholder revolt going on right now. Is Mr. Sim God? Is he an Asian untouchable? Why does he deserve to be running this company? I wish someone would put these numbers right in front of his face. I bet he has no clue as to how his people are valued right now. I bet he would just think it was more negative Yankee propaganda. I bet he still doesn't admit he is any part of the problem and that it's all outside factors that he can't control.
For what it's worth and for all to see.
Dennis |
