so-called master

there is a reply from a reader:

I read this from Tony's Daily. Do you know what is happening which mentioned in Bold?

這一年來我一直建議想買中人壽的投資者小心行事。我對中人壽的管理層有戒心，原因是公司的投資策略向資本增值過度傾斜，而忽略了股票的長期收益和潛在收入。這樣做的壞處很明顯：資本增值取決於股市的氣氛，在如今的股市裏說甚麼都是枉然。

中人壽今年的盈利每況愈下，財務報表上的數字混亂得叫投資者側目。今年8月發表中期報告時，中人壽還說首六個月的盈利是160億元人民幣，到了10月發表季度報告，盈利只有23億元。奇怪的事情發生了：季度報告說今年首3季的盈利總計121億元人民幣。頭半年賺160億、第3季賺23億，加起來卻只有121 億？這是甚麼數學？不要指望香港證監會或港交所（388）會問中人壽發生了甚麼事情。這個問題太過政治敏感，更何況在祖國的法庭裏，面對中國人壽廣泛的網絡，區區證監會、港交所又能做甚麼？



yes, his comment is very "bold" indeed.

really, why should someone like him still be called Master? also, i really doubt if the article was written by others in his name. and i could smell sour grapes........

would any of the intelligent readers try and see the obvious fatal error of the above comment? there would be a prize for a correct answer: a recent report from an equity firm from china, about insurance business.


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