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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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Latest topics

» CIFC Dumps to Expand Your Possibilities to Pass Your Exam
Honda, Mitsui, Mazda & Benz To Join VW EmptyFri Jul 19, 2024 10:30 am by faithhharris

» CCS.N0000 ( Ceylon Cold Stores)
Honda, Mitsui, Mazda & Benz To Join VW EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Honda, Mitsui, Mazda & Benz To Join VW EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
Honda, Mitsui, Mazda & Benz To Join VW EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
Honda, Mitsui, Mazda & Benz To Join VW EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Honda, Mitsui, Mazda & Benz To Join VW EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
Honda, Mitsui, Mazda & Benz To Join VW EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
Honda, Mitsui, Mazda & Benz To Join VW EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
Honda, Mitsui, Mazda & Benz To Join VW EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
Honda, Mitsui, Mazda & Benz To Join VW EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
Honda, Mitsui, Mazda & Benz To Join VW EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
Honda, Mitsui, Mazda & Benz To Join VW EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
Honda, Mitsui, Mazda & Benz To Join VW EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
Honda, Mitsui, Mazda & Benz To Join VW EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
Honda, Mitsui, Mazda & Benz To Join VW EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Honda, Mitsui, Mazda & Benz To Join VW EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
Honda, Mitsui, Mazda & Benz To Join VW EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
Honda, Mitsui, Mazda & Benz To Join VW EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
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» LAXAPANA BATTERIES PLC (LITE.N0000)
Honda, Mitsui, Mazda & Benz To Join VW EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
Honda, Mitsui, Mazda & Benz To Join VW EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
Honda, Mitsui, Mazda & Benz To Join VW EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
Honda, Mitsui, Mazda & Benz To Join VW EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
Honda, Mitsui, Mazda & Benz To Join VW EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
Honda, Mitsui, Mazda & Benz To Join VW EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
Honda, Mitsui, Mazda & Benz To Join VW EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Honda, Mitsui, Mazda & Benz To Join VW EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
Honda, Mitsui, Mazda & Benz To Join VW EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
Honda, Mitsui, Mazda & Benz To Join VW EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
Honda, Mitsui, Mazda & Benz To Join VW EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
Honda, Mitsui, Mazda & Benz To Join VW EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
Honda, Mitsui, Mazda & Benz To Join VW EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
Honda, Mitsui, Mazda & Benz To Join VW EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
Honda, Mitsui, Mazda & Benz To Join VW EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
Honda, Mitsui, Mazda & Benz To Join VW EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
Honda, Mitsui, Mazda & Benz To Join VW EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
Honda, Mitsui, Mazda & Benz To Join VW EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Honda, Mitsui, Mazda & Benz To Join VW EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
Honda, Mitsui, Mazda & Benz To Join VW EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
Honda, Mitsui, Mazda & Benz To Join VW EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Honda, Mitsui, Mazda & Benz To Join VW EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Honda, Mitsui, Mazda & Benz To Join VW EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
Honda, Mitsui, Mazda & Benz To Join VW EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Honda, Mitsui, Mazda & Benz To Join VW EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
Honda, Mitsui, Mazda & Benz To Join VW EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
Honda, Mitsui, Mazda & Benz To Join VW EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
Honda, Mitsui, Mazda & Benz To Join VW EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Honda, Mitsui, Mazda & Benz To Join VW EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
Honda, Mitsui, Mazda & Benz To Join VW EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
Honda, Mitsui, Mazda & Benz To Join VW EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

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4 posters

    Honda, Mitsui, Mazda & Benz To Join VW

    Hybrid
    Hybrid


    Posts : 745
    Join date : 2015-02-03
    Location : Colombo

    Honda, Mitsui, Mazda & Benz To Join VW Empty Honda, Mitsui, Mazda & Benz To Join VW

    Post by Hybrid Wed Oct 14, 2015 7:48 am

    The latest news is that Honda, Mitsuibishi, Mazda and also BENZ will join the bandwagon of cheats who committed fraud on the emissions testing.

    That shows how much corporate fraud has gone without an ounce of conscience or ethics in their operations. Do you think the Accountants, finance managers and directors of companies are innocent. I doubt it. I have worked with all top MNC's and had networks of people of high rank and I have seen a handful of honest professionals in all those years.

    They say they stick to ethics. bUt by whose standards? Their own!
    Given a chance these people will cheat their own mother to get ahead or make profits.
    They have a distaste for ethics and values.

    Some of the major areas of their cheating is in: Taxation, performance, standards, claims, accreditation and financial reporting.

    Sri Lanka is worse off. Here almost every other person cheats and I cannot trust them!
    So far for good governance.


    Last edited by Hybrid on Fri Oct 16, 2015 2:07 pm; edited 1 time in total
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    Honda, Mitsui, Mazda & Benz To Join VW Empty Re: Honda, Mitsui, Mazda & Benz To Join VW

    Post by yellow knife Wed Oct 14, 2015 7:57 am

    Very good point Hybrid

    I talked about this with Power Inc in book summary.

    It applies every where. When America air bombed a hospital in Afghanistan it becomes a war crime.. and Barak Obama simply apologize..No Geneva talks on that.

    This is what we have to understand... Maintain the double standard..

    All companies do that...

    Even though we evaluate financial reports there are numerous ways books can be cooked...Enron is one best example...

    IBM even helped Nazis..

    Honda, Mitsui, Mazda & Benz To Join VW 220px-IBM_and_the_Holocaust_%28cover%29


    And they teach us Good Governance...

    This is why studying South Korea deeply is important for any developing nation..

    In summary that is all about " how to maintain double standards and how to appear as if following US, IMF, WB and in real never following them but your own way"
    avatar
    malanp


    Posts : 518
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    Honda, Mitsui, Mazda & Benz To Join VW Empty Re: Honda, Mitsui, Mazda & Benz To Join VW

    Post by malanp Thu Oct 15, 2015 6:07 am

    We have a good example of double standard...

    How Wesrtern civil organizations supported LTTE whose one prime objective is to kill civilians to scare the government...
    කිත්සිරි ද සිල්වා
    කිත්සිරි ද සිල්වා
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    Top contributor


    Posts : 9679
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    Honda, Mitsui, Mazda & Benz To Join VW Empty Re: Honda, Mitsui, Mazda & Benz To Join VW

    Post by කිත්සිරි ද සිල්වා Thu Oct 15, 2015 7:26 am

    I think I am not alone here.
    In Aviation too there are so many double standards and unless Asia have the courage to stand up together as ONE, we will be asked comply on someone else's standards.
    Hybrid
    Hybrid


    Posts : 745
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    Honda, Mitsui, Mazda & Benz To Join VW Empty Re: Honda, Mitsui, Mazda & Benz To Join VW

    Post by Hybrid Thu Oct 15, 2015 6:08 pm

    Dozens of VW Top Executives will get the Chop soon after the scandal snow balls. In this instance the Biggest Snow Ball came down first. So there is definitely going to be an avalanche!


      Current date/time is Fri Nov 08, 2024 5:18 pm