littlespazo
2023-09-07

$8VI Holdings Ltd(8VI.AU)$  and their Parent @8IH company has been getting alot of negative news lately. Being a shareholder of both I never thought much about the negative press, and told myself it was just disgruntled people voicing their views.

However, I discovered how wrong iwas a few weeks back when i had an issue with them about  their infinite wealth course. The management team forced everyone to choose between 2 options  - and when one option was fully booked, told the rest of us we had nonchoice but to accept option 2 which had nothing to do with value investing.

What i disliked was that they came onto the session and told everyone that we had signed a contract  when we registered for the course, which had a validity of one year. Back then when i signed up during the covid period, there was still alot of uncertainty and the management assured us not to worry and they would keep their end of the promise. While i understand the decisions they made were due to cost constraints on their end, the way they handled the issue was very unprofessional.

If you are a student of theirs you should know. Just look at how they hndled the porting tp the new app. No clear communication, no support, no proper explanation  on what happened to the courses (due to course name changes)...etc etc. not what you would expect of a public listed company.

All these issues can also be seen as their top speakers leave, no one picks up the phone when you call their customer support in malaysia, their share price drop tono value liao. And they tell you to lodge a ticket, and then later claim there is no reply after 3 weeks, because they are swamped and have  300-500 tickets daily to resolve.[Glance] 

so, anyone who reads this post. Please stay away.  Do not think about signing up for their courses anytime soon.

My 2cents

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Comments

  • LayupInvest
    2023-09-27
    LayupInvest
    Exactly what I've been telling everyone here. The top management is so unprofessional and arrogant. I have a video of the CEO Ken Cheat bragging how rich he is and couldn't care less what the customers think in front of their customers. I think it's time to out on social media to bring this arrogant fool down.
    • 大大器
      当初没想到他们那么的不负责任,只能当买个教训
  • Karen80
    02-07
    Karen80
    That is the reason all the top good management out from thier chart!a lot promis at the end come from empty! Lucky the time when the owner said how good for thier share… when i got some profit , quiclly ask agrnt help me to sold it.
  • 大大器
    2023-09-13
    大大器
    而且你不可以在他们面前说多多,一说就说我们对他们团队没有耐心尊敬,还要给他们的大老板骂回我们,跟**差不多
  • MultiBaggers
    04-09
    MultiBaggers
    Better run for the hills now. 8VI is only worth 4 cents now. Soon, it might be worth even less. No wonder when I keep asking the management why they dont list the company in SGX, they keep evading the topic. A SG homegrown company who cannot list on SGX but list on ASX. Means they cannot meet the capital and regulatory requirements of SGX
  • cheanchoong
    02-15
    cheanchoong
    all top management like chern hong, alex and ken,  talking class keep show all student how good is 8vi company make profit and cash flow was hearhy.  promise student to better retirement plan.

    invest 8vi will make profit. 

    after all student invest, they all quit.

    the answer is all student  help them have a earlier retirement plan . 

    shame tat have a class for 8vi

  • 大大器
    2023-09-14
    大大器
    还有那些nft,买的时候说可以卖到多少到多少,现在直接没有消息,没有教怎样买卖,卖的时候哪一张里面还有的价值也不知道,怎样卖?他们的nft根本卖了就不管你的死活了
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