Often Partisan

BIH Results delayed

I’m a little slow with this one (you can blame the titanic hangover and exhaustion post-Maribor), and if you’re already aware then I can only apologise.

BIH have released an announcement today that the board meeting and financial results are to be delayed for a month. I understand that this may get the conspiracy theorists up and running but it’s not actually that unusual; they certainly delayed them last year by a fortnight as well. It’s a case of ensuring that everything is correct when it’s released which means everything has to be audited properly and thus delays can occur – especially when things like typhoons shut down Hong Kong for the day!

When the results are finally announced, I’ll have the details up on here.

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8 Responses to “BIH Results delayed”

  • pierre says:

    any news on loans

  • Martin Latham says:

    Thats going to get all the doom and gloomers going. Look forward to seeing how the finaces are.

  • Oldbluenose says:

    Someone is bound to suggest, that Hong Kong has spent all the money,!!. [ chuckle ].

  • muffin says:

    Sorry mate, but this is a naive comment.

    It’s a big issue when such a delay occurs and suggests the auditors/directors are not convinced about the quality of the information on front of them or the decisions they must take.

    Not a conspriacy, just a reality.

    • almajir says:

      I repeat, I’m not concerned by this initial delay. If it drags out, then yes – there may well be cause for concern – but right now? No.

  • BeeGeeBlueBoy says:

    It means incompetent management unable to meet such
    unimportant deadline or auditors ready to qualify the accounts before signing off

    • Mr Blue Sky says:

      Does this make sense to anyone else?Or were you trying to take a cheap shot but your message got a bit muddled? Try again when sober please!

  • AR says:

    I’m sure almajir has got it right again. It’s too early to come to any conclusions at this stage, and we should be patient before misconstruing the situation.

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