Taekwang Industrial
2 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Jun 25, 2020 by Richard Lawrence · said 2 times in 1 episodes since 2020 · across every show →
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Jun 25, 2020 negative
Lawrence: Taekwang Industrial's CEO and his mother were jailed for misconduct
“About six years later, I got a newspaper clipping from a client of mine who'd been in Seoul, who had remembered this fight I had, and it was a newspaper clipping where the CEO was going to jail, and not only he put himself in jail through bad behavior, but he …”
Jun 25, 2020 neutral
Lawrence: Taekwang Industrial depreciated a $600M facility in three years
“In fact, he built a six hundred million dollar spandex lycra facility that were back-to-back facilities, and he depreciated the whole thing in three years. And he was a guy who didn't like to pay taxes, obviously. But as a result, the stock was at two times ea…”