Miftah, a guy who talks big game but does not tax RE and Agri while increasing corporate & sales tax to all time highs
I will not leave that con-artist alone!
Out of all the languages he could’ve spoken, he chose to speak facts
Muhammad Ali Tabba, CEO of Lucky Cement, at CFA Society Pakistan celebrating it's 20th Anniversary!
Today HBL's market cap is 163B which is half the size of MEBL's market cap of 306B.
Moral of the story: Good leadership is important. If you give terrible people to run your company, sooner or later it will collapse. Free markets don't tolerate laziness or incompetence.
These are most talented people that Pakistan has ever produced. They came back to volunteer their Time and Knowledge but Pakistan did not value it
NOW PAKISTAN MUST SUFFER THE CONSEQUENCES
Dear Pakistanis,
-Your money is going worthless.
-Your government hates you.
-Your right to education and healthcare is being stolen.
-Your economy is quasi communist rent seeking one.
-You have no freedom, liberty or security.
Welcome to Banana Republic of Pakistan 🇵🇰🤡
Imagine how Faysal Bank management and shareholders will feel if SBP put MDR on Islamic banks haha
All that process to become "islamic" would be wasted 🤣😂
If there is violence and chaos in the next few weeks, chances are the Generals will intervene to stop political chaos and economic meltdown. Guess who will be the biggest loser of all?
On DCR, I made 37% unrealized cap gain plus 13% dividend yield which everybody thought was dead ♥️♥️♥️
Meanwhile PSX guys keep telling me how SYS and TRG gonna change the world lol
#valueinvesting
Daraz is doing more than SBP to reduce Cash In Circulation lol
"A Cash Payment Fee only applies to orders placed using Cash on Delivery as payment method. The additional fee is charged upon purchase to provide our customers with the convenience of paying cash on delivery."
On one side we have Unilever who manufactures 24/7 to increase earnings and on other hand there are banks and bankers which do nothing and make the same amount and in some cases even more
Everything that's wrong with Pakistan
If Imran Khan is equally or more worst and corrupt than Zardari and Sharifs then I'm curious who these "twitter intellectual elites" are voting in next elections?
Who gave this guy Billion $ valuation for a loss making business in a country where public market is trading for 5x P/E?
What was the eventual goal of Airlift? To remain private for decades?
Imprudent use of capital has destroyed little hope for future entrepreneurs...
Lesson for fanboys: "Actions speak louder than words"
Understand that he is a politician dressed as your saviour. All talk but when it comes to action, it's complete 100% opposite
From Harvard trained Reza Baqir to a central banker who bans import payments to sustain desired exchange rate, wants to monetize unlimited gov debt & can't speak English properly
👏🤡 highest standards in competence
#SBP
stops operations of M/s. TAG Innovation Pvt. Ltd as EMI with immediate effect. The decision has been taken to protect the interest of public at large after identifying violation of regulatory requirements & other concerns.
See PR:
GSK suspends production of paracetamol, despite a rise in demand. If the govt had any self-confidence, it would nationalise these blackmailing pharma units. It remains a mystery why PTI's first Health Minister Amir Kiani agreed huge price hikes in the PTI's initial days in power.
MEBL's earnings have grown by 36.1% per year over the past 5 years.
MEBL's earnings growth over the past year (86.3%) exceeds its 5-year average (36.1% per year) showing an accelerating growth.
Completely Halal interest of course