MMC Senai Airport purchase... CROOKED AUDITORS AND ACCOUNTANTS!!!!

This is the forecast from MMC corps regarding the SATS purchase.

Look at 2010.

... .... ... How can they deliver this sort of utter bullshit? How how how how how???

As I said, audtiors and accountants in Malaysia are paid peanuts, because they are useless piles of shit who don't understand the meaning of Accounting Standards, Intergrity, Transparency, or any other tenets of accounting.

What the bloody hell is this nonsense??? 6 years of average almost 15 million a year losses, and in 2010, they project 93.3 million profit? Where did they pull that figure from, huh???

Yeah, I know that they have to put in some large profit numbers to justify the buying price of Rm1.7billion, but this is just madness. (BTW, hearsay is that they pulled the number 93.3 million because they needed to arrive at over 5% return on equity.... 93.3 divided by 1700...)

And, as everyone knows, MMC is buying SATS from Tan Sri Syed Mokhtar Al-Bukhary. In CASH TERMS.

This... this is so fundamentally crooked, I know that other people also do RPTs, but at least they have the decency to at least TRY to make it look legit... this is really daylight robbery... geez....

I'm... I'm so disturbed by this, that I can't even muster the strength to be angry... good grief....