Why we should be protesting against those running our club

[popillius]

https://www.nationthailand.com/business/corporate/40046425

King Power struggling to reward their contract with the airports due to a reduction in revenue post-Covid 19 .

I don't think that part of the story is that worrying; they are well in with the establishment but it's more worrying the story is leaked, running out of friends?

What makes you think this is 'leaked'? This kind of information is very often publicly available, especially to anyone showing an interest in buying shares.

 

[Blue Maniac]

https://www.nationthailand.com/business/corporate/40046425

King Power struggling to reward their contract with the airports due to a reduction in revenue post-Covid 19 .

I don't think that part of the story is that worrying; they are well in with the establishment but it's more worrying the story is leaked, running out of friends?

Meh. Cash flow management. Non-story.

 

[Singapore Fox]

All massive companies are run using debt. Why wouldn't they? The risk is somebody else's then. That has nothing to do with how financially stable they are. Moody's still suggests that they are in a good position;

King Power is considered to be very stable (Moody's Investors Service), indicating a strong financial position with minimal risk of significant changes in the near future; their main source of revenue, the duty-free business, benefits from its close ties to the Thai government, acting as a largely government-sanctioned monopoly.

Moody's has affirmed King Power Capital's credit rating with a stable outlook, signifying confidence in their financial health.

Moodys, Fitch, S&P aren’t entities I would hold a great deal of comfort in determining the financial viability of any organisation.

But you’re right, debt is pretty much how any organisation functions day to day. It’s part of all our lives.

 

[HFox]

What makes you think this is 'leaked'? This kind of information is very often publicly available, especially to anyone showing an interest in buying shares.

Not particularly in a country of Thailand and its control on press freedom with the more than evident links of KP to the monarchy.

To give an idea over the last five days, in ackownlgedgment of this news, Thailand Airports shares have dipped 20%

 

[popillius]

Moodys, Fitch, S&P aren’t entities I would hold a great deal of comfort in determining the financial viability of any organisation.

Well, I'd trust their judgement more, than say, that of a journalist, the streets or posts on a football forum. I mean, they're shady as **** but their judgement on financial stability is usually about right.

 

[Singapore Fox]

Well, I'd trust their judgement more, than say, that of a journalist, the streets or posts on a football forum. I mean, they're shady as **** but their judgement on financial stability is usually about right.

The Financial crisis of 2009 would suggest otherwise

 

[popillius]

The Financial crisis of 2009 would suggest otherwise

Take note of the word 'usually'. They were also unaware of the criminality concerned in some of the insider trading that caused the crisis. This is impossible to account for.