If the Western Govt. plans to hold on to its 49% share of the cake but has no money to refloat the sinking Soltai, I don't see any reasons why they have to keep pulling the rope. What na by ota earnim 49% share blo ota lo hem if kabani ya no waka? Ufala moa
The drowning Soltai
Tue, 06/15/2010 - 12:54
49% is quite a share (given by the the former share holder so it was based on the value of company back then). maybe give up some share to some one with $$$ but don't just allow someone (foreign) with $$$ to pop and dictates things up.
Has all avenues for loan being exhausted?
NPF will be a good partner.
How 'bout if luck doesn't come our way to see any willingness in any local powerhouse to take the 49%? Will we still brush aside foreign hands from the share n see the fall of Soltai? I think its a do or die situation. So umi need to think think good for mekem decision lo dis wan.
sometimes certain forces work to devalue a company and then buy it for scraps. suddenly those companies miraculously turn around and make millions. could that be what is happening to soltai? value blo kabani ya continue for go down and kolsap by new shareholders come and buyim for $2. mind you tuna is still big business and it makes little sense to me that soltai cannot keep itself afloat. so me tend to think that certain forces are working overtime to ensure that the company falls into someone else's hands and at a very cheap prices. then the money starts rolling in and others benefit. kudos to WP for trying to salvage the company but then you need to quickly come up with a rescue plan to retain the company. hem nomoa ting ting blo me.
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