ChinaMilk   

China Milk

well..guys,no point saying who and who at fault..

It alway took 2 hands to clap.

sgx list them but we are the one who choose to buy.

just hope they can come out with some news..gd or bad also gd..at least we know they are still alive or at least someone bother to make the news :S

 

in china milk case, if they cannot pay off the bondholders, there is a high risk they may have overstated their cash or even committed fraud, I am not sure whether the external auditors involved in this..anyway, i think SGX is the worst as they keep on listing many lousy s-chips without seriously reviewing their financial position and potential of fraud..china milk is not the first s-chips to default on loan, did SGX do a review on the rest of the high risk companies?I think SGX prefers to let the company to wind up after cheating all the money of innocence investors like us..

grandmaster89      ( Date: 16-Mar-2010 20:01) Posted: Nothing lor. There is no such thing as capital guaranteed. You took risk to buy the company so now pay the price. External auditors don't vet through every single transaction nor do they provide complete assurance. They merely express an opinion to prevent any legal challenges if they are wrong. It is not SGX job to vet through the finances of the 700 companies listed here.    beruangface      ( Date: 15-Mar-2010 22:57) Posted: anything shareholders can do here? securities class action? sue the external auditors? sgx ? what's their role in protecting shareholders?

 

Nothing lor. There is no such thing as capital guaranteed. You took risk to buy the company so now pay the price. External auditors don't vet through every single transaction nor do they provide complete assurance. They merely express an opinion to prevent any legal challenges if they are wrong. It is not SGX job to vet through the finances of the 700 companies listed here. 

 

beruangface      ( Date: 15-Mar-2010 22:57) Posted: anything shareholders can do here? securities class action? sue the external auditors? sgx ? what's their role in protecting shareholders?

 

ya lor, see china milk already fed up liao some more advertise here.... if really wan, go advertise at those counter making alot of money one lah...

alanalanlee      ( Date: 16-Mar-2010 13:48) Posted: can advertise here meh? Huhushares      ( Date: 16-Mar-2010 11:31) Posted: HUHU ARENA GALLERY   Online Fashion – Shirts, Jackets , Shorts, Jeans Website: www.huhuarenagallery.blogspot.com Email: huhuarenagallery@hotmail.com    SUPPORT ME : )

 

can advertise here meh?

Huhushares      ( Date: 16-Mar-2010 11:31) Posted: HUHU ARENA GALLERY   Online Fashion – Shirts, Jackets , Shorts, Jeans Website: www.huhuarenagallery.blogspot.com Email: huhuarenagallery@hotmail.com    SUPPORT ME : )

 

HUHU ARENA GALLERY

 

Online Fashion – Shirts, Jackets , Shorts, Jeans

Website: www.huhuarenagallery.blogspot.com

Email: huhuarenagallery@hotmail.com

 

 SUPPORT ME : )

 

Don't despair for those who own CM.  There is still milk out there  but needs time to materialise

christan      ( Date: 16-Mar-2010 10:29) Posted: no high risk, no high gain.  so dun play play...

 

no high risk, no high gain.  so dun play play...

 

jz wander will small shareholders ever get bck any money..if they go bonkers

 

anything shareholders can do here? securities class action? sue the external auditors? sgx ? what's their role in protecting shareholders?

 

Avoid China Counter at all... highly potential hidden germs !! beaware !

 

really hope to hear something from them...

closed down also must tell pple..

left the shareholder hanging in the air.

 

ya..bluff all our Singaporean $$ and then run liao...PRC...............

gurusamygopal      ( Date: 15-Mar-2010 21:27) Posted: today just i go through sgx no result. milk mix with water.lio  stkoh78      ( Date: 15-Mar-2010 20:55) Posted: i think game over liao. Maybe the office is now empty and the cows have already move out of the farms liao.

 

today just i go through sgx no result. milk mix with water.lio 

stkoh78      ( Date: 15-Mar-2010 20:55) Posted: i think game over liao. Maybe the office is now empty and the cows have already move out of the farms liao.  alanalanlee      ( Date: 15-Mar-2010 20:42) Posted: did CM say about financial report on the 15mar??

 

i think game over liao.

Maybe the office is now empty and the cows have already move out of the farms liao. 

alanalanlee      ( Date: 15-Mar-2010 20:42) Posted: did CM say about financial report on the 15mar??? gurusamygopal      ( Date: 12-Mar-2010 22:05) Posted: this milk scandal milk hold it wait for march 15 financial report

 

did CM say about financial report on the 15mar???

gurusamygopal      ( Date: 12-Mar-2010 22:05) Posted: this milk scandal milk hold it wait for march 15 financial report gurusamygopal      ( Date: 07-Mar-2010 14:46) Posted: May one day close down for new year.Dont woory next time dont buy bull shit china stock. buy blue chip. singapore stock.

 

this babe no more milk.....

 

will it be out tmr?

gurusamygopal      ( Date: 12-Mar-2010 22:05) Posted: this milk scandal milk hold it wait for march 15 financial report gurusamygopal      ( Date: 07-Mar-2010 14:46) Posted: May one day close down for new year.Dont woory next time dont buy bull shit china stock. buy blue chip. singapore stock.

 

this milk scandal milk hold it wait for march 15 financial report

gurusamygopal      ( Date: 07-Mar-2010 14:46) Posted: May one day close down for new year.Dont woory next time dont buy bull shit china stock. buy blue chip. singapore stock. alanalanlee      ( Date: 06-Mar-2010 15:34) Posted: just wondering,is CM still operating in china?as in daily operation.

 

May one day close down for new year.Dont woory next time dont buy bull shit china stock. buy blue chip. singapore stock.

alanalanlee      ( Date: 06-Mar-2010 15:34) Posted: just wondering,is CM still operating in china?as in daily operation.