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I love good companies and business model, especially those with businesses in growth trajectory. But is heart-wrenching to see companies that doesn’t perform well despite various promises and growth stories been made since IPO. Not to mention a lot of hard-earned money been invested by IPO investors during IPO and rights issue exercise back in 2017.
Many reasons why companies fails, amongst others, poor market research on their markets, products or solutions, inadequate financial management, ex
own brand, own research and development, not east task. need a lot of investment. and unfortunately, one of its cash flow generated sources - from tourists, is hindered by pandemic.