The Star online reports read:SC tightens rules for Mesdaq listing candidates. The rumbling among investors at the underperformance of Mesdaq listings is not new, nor has it increased in decibels. Merchant bankers point to the recent spate of rejections by listing candidates and claim this is an active sign from Mesdaq that the SC is beginning to focus on quality rather than quantity.
While prudence remains pertinent, it is important to consider the role Mesdaq could have played and the mess it now finds itself in.
I believe the idea for Mesdaq was to be an avenue for high-er risk technology companies to seek funding from financial markets. The reason for the less stringent requirements was the fact that new technology is, well... new! It was a solution whereby people could have a slice of the action - and RISK, with a very good returns is things worked out.
However, as with most good ideas, it became embroiled in self interests. Listen, if there is anyone to blame, start with the merchant bankers! Let's be realistic, there was never a situation where SC was expected to vet each proposal. It was the merchant bankers afterall who presented each case, and they afterall who first took their share of the proceeds when a listing was successful.
Now that new rules are put in place, how much in truth is Mesdaq different from the 2nd Board? So where does this leave genuine technology companies?
Tuesday, November 29, 2005
Battle Starring Galactica
TrekWeb.com reports that Ronald D. Moore's BATTLESTAR GALACTICA is back for another 20 episodes!
For those of you who've missed the remake of Battlestar Galactica, you cannot ever call yourself a genuine sci-fi fan. It's one of those remakes that renders its predecessor forgetable in so many aspects. Frankly, I was skeptical with the idea of cigar smoking, womanizing, hot shot Starbuck cast as a female - but comparing the two, Dirk Benedict is better off staying with the A-Team! There's meat in character all woven together in complex web of intentions. The cliffhanger for season 2 is better than many I've seen in recent years and ranks up there with the "who killed JR Ewing-s of yester-year".
mrjefe's gumption: Who says sci-fi is one dimensional?
For those of you who've missed the remake of Battlestar Galactica, you cannot ever call yourself a genuine sci-fi fan. It's one of those remakes that renders its predecessor forgetable in so many aspects. Frankly, I was skeptical with the idea of cigar smoking, womanizing, hot shot Starbuck cast as a female - but comparing the two, Dirk Benedict is better off staying with the A-Team! There's meat in character all woven together in complex web of intentions. The cliffhanger for season 2 is better than many I've seen in recent years and ranks up there with the "who killed JR Ewing-s of yester-year".
mrjefe's gumption: Who says sci-fi is one dimensional?
Thursday, November 24, 2005
Time for Manchester United FC to Stand Up and Be Counted
A side on the brink of possible Champions League elimination, news of Vodafone's premature termination of shirt sponsorship is not surprising. Arguably still the biggest name in world soccer, the lustre now finds new company in the form of doubt, under achievement, controversy and rejection. The once unassailable positions of manager and club captain are now myth, with Keane reduced to a cursory past and Sir Alex Ferguson reading of his impending departure with utter disdain.
Yet ever so often, as it has been with this Champion club of modern football, it is when their backs are against the wall that they find the extra will to push back! This is no longer a matter of the Glazer repayment structure, how shirt sales have dovetailed, the identity of the new jersey sponsors or even Sir Alex's successor. It is very simply a football matter. How much do our boys want to play in the knockout stage of the Champions League? Take care of the football and other things will eventually fall into place.
The fact is, we have some of the best talents this generation has to offer - and in the case of Van Der Sar and Gary Neville, the best of the soon to be past generation! So let's play football guys, we know you are capable of better.
Yet ever so often, as it has been with this Champion club of modern football, it is when their backs are against the wall that they find the extra will to push back! This is no longer a matter of the Glazer repayment structure, how shirt sales have dovetailed, the identity of the new jersey sponsors or even Sir Alex's successor. It is very simply a football matter. How much do our boys want to play in the knockout stage of the Champions League? Take care of the football and other things will eventually fall into place.
The fact is, we have some of the best talents this generation has to offer - and in the case of Van Der Sar and Gary Neville, the best of the soon to be past generation! So let's play football guys, we know you are capable of better.
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