It is unfortunate that Ronnie Chan got tied up in the Enron situation, ... It is quite unfair to blame independent directors who have to depend on the external and internal auditors who are supposed to be giving independent and capable reports.
More Quotes from Mark Mobius:
Commodity prices are being supported by healthy demand from countries such as China and India, but one must remember that it remains a cycle. Currently it looks like the cycle remains in the 'stronger for longer' position and South African companies are taking advantage of this.Mark Mobius
Investments of this size by such reputable investors draw attention to the country and further bolster investor confidence in South Africa.
Mark Mobius
If you ever want to eat a tuna sandwich again, don't go to a tuna factory. I visited one where they had two lines: one was the human food line and one was the cat food line - and they didn't look any different.
Mark Mobius
The new administration will make every effort to keep things on an even keel, business as usual. The Chinese are very happy to let Hong Kong hum along. As far as we are concerned, there is no reason to believe that because of change in the political administration there would be an impact on the financial market.
Mark Mobius
We're very bullish on emerging markets right now because of valuations, ... Valuations are so reasonable it makes sense to put money in.
Mark Mobius
We're not at the danger stage yet, but we are at danger of getting there - and history does repeat itself.
Mark Mobius
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Based on Keywords: auditors, chanI find war detestable but those who praise it without participating in it even more so.
Romain Rolland
I think it would be stupid for us to try and tell people who are dancing in a discotheque about the problems of the world. That is the very thing they have come away to avoid.
Giorgio Moroder
America knows it has got to deal with its deficit problems so that it, too, can promise it is making its proper and best contributions to the world economy.
Gordon Brown