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An electronics manufacturing and design services provider to a select group of the OEMs of telecommunications and consumer electronic products.
Management is seriously flawed:Koo Founder and key management continuity - looks like everyone else churns.Koo Giving himself (he is board Chairman) $1.2 million (incl apartment) a year to be CFO + perks (including golf course membership - what companies are still giving these type of perks)regardless of company performance and well above comparable CFOs - is this a company belt tightening?Moves AGM were fun/convenient for him - 2009 to Vancouver Canada, know of any other NYSE company that has their AGM here(Koo's previous and maybe current residence), 2010 California - were he buys Napa wine (do you believe this guy paid $200k for a 6L bottle of screaming eagle). Is the AGM not for the benefit of investors and should be held were best for them?Has Fun launching law suits and exercising his law degree thru Nam Tai(suing BofChina, UBS, PW, SSA, even previous employees).Described as smart and huge Rolodex by some scary crazy senile by others.What a portrait - we are relying on this guy to turn this company around!
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