castwind

Thanks for sharing. See
http://www.businesstimes.com.sg/blogs/writ... dated 18 Jul 2016
How about this firm http://www.edisoninvestmentresearch.com/re... that recommended $Yuuzoo(AFC) to hit $1.83, when it was $0.22. Yuuzoo paid them to do the research and then posted that research on SGX, thereafter received a reprimand a year later.

Oh, and then in Sep 2015, Edison Investment Research actually stated that it is terminating coverage on Yuuzoo (AFC). "Please note you should no longer rely on any previous research or estimates for this company. All forecasts should now be considered redundant." http://www.edisoninvestmentresearch.com/re...

This company really stinks.

ThumbTackInvestor

Reply to @castwind : whoa.
Good sharing.
Wow. Didn't know you can do stuff like this and get away with it.

Botak

Bro TTI, can follow BB, jeep, and HUAT ah!!

Botak

Reply to @ThumbTackInvestor : Learnt from the bros here. Used to be 100% fundamental analysis. And yes, don't miss the boat!

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nareshg

Big thanks for bringing an analysts true face to all of us. I am fully aware that most analysts are biased and hence I take their advice with a pinch of salt.

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