The problem lies that CHINA related counters listed in SGX.... IPO is the only way to them for fund raising and further fund raising will not be available or very very hard for approval in common practise, so most of them just doing further fund raising in secondary market till the price stagnant and hard to find traded volume anymore and plan to delist or dual list to other stock markets (dual listing).
knightrider ( Date: 03-Mar-2010 15:36) Posted:
So sad, seeing so many China listed firm here, go into suspended situation. Is our stock exchange do their research before approved them, and is there any policy in place to safe guard our minorities' $$. Just like banks, need to be guarrantee. Then who will safe guard our investment, I think we should stay away from China stocks. Even banks also kana play out, after Liehman things. I think normal people like us, we should all wake up when invested in all this lousy counter.
china is clamping down on property speculation and details could be iron out once the party meeting commence early this mth. personally i am a bear on china property market. china govt in my opinion will go out hard on property so that they can maintain stability ruling. lotsa chinese ppl i know are already kbkp about china property prices.
china stocks, trade at your own peril. it seem to me SGX could not police them, how many counters have we seen annoucing bogey annual results , stock brokerage firms misinform investors by giving false recommendation.
i am also bear on china oil related companies, food industry. coz the prices of these products are state control.
Yes ! all China Counters !! The rumorous already say Cosco might remove from blue chip status... this tell you SGX also lost faint in China counter... SGX wants to have beautiful real 30 blues !!! I think Genting sooner or later will remove too !!
anyone know when its gonna resume trading? Very disappointed ........a lot of people stuck in this share including my friends and relative.....
starlene ( Date: 04-Mar-2010 00:03) Posted:
Chinamilk looks like another Celestial...
tanh2l ( Date: 03-Mar-2010 15:44) Posted:
glad to hear that there is still some "right" rules in placed. but in biz, many times they turn "left", still wat 1st class financial system, cant even protected our hard earned $$ from the overseas sharks, luckily i am in the midst of migration alr...on hindsight, i tink i really hv no regrets leaving our belovedly make-up 1st class world..
glad to hear that there is still some "right" rules in placed. but in biz, many times they turn "left", still wat 1st class financial system, cant even protected our hard earned $$ from the overseas sharks, luckily i am in the midst of migration alr...on hindsight, i tink i really hv no regrets leaving our belovedly make-up 1st class world...
stkoh78 ( Date: 03-Mar-2010 14:34) Posted:
By right, accordingly to SGX Rule 1309 they are suppose to pay a reasonable payment to existing shareholders. Unfortunately most china firms that went buzzed go by left side . These firms would normally paint in a 'red' story saying that they are in debt and unable to make a reasonable buy-back offer to shareholders.
try to put some case study on these 3 firms
Asia Water => recently lifted the suspension after 1 years plus of non trading. Offer 1 for 2 Right . Price dropped from previous 0.19 ( before suspension ) to current 0.06c
FerroChina ==> suspension for over 2 years and now SGX ask them to delist
China Milk say that they have money but need to go those 'these' && 'that' excuss of sending out the money out of PRC. If they really have that money , then i think they should be able to resolved it in within 3-4 mths times. If there is no news from them in regarding these bond payment after this period of times , then it is likely that they will change their story plot line .
I dare bet that you are going to miss Aisan esp Singapore food... durian too... Sad that fellow Singaporean is leaving becos of his misadventure in the stock market.
nickyng ( Date: 03-Mar-2010 15:49) Posted:
wah! where u migrated to ?!?!?! dont pick ur DURIANs here any more liao har? :(
tanh2l ( Date: 03-Mar-2010 15:44) Posted:
glad to hear that there is still some "right" rules in placed. but in biz, many times they turn "left", still wat 1st class financial system, cant even protected our hard earned $$ from the overseas sharks, luckily i am in the midst of migration alr...on hindsight, i tink i really hv no regrets leaving our belovedly make-up 1st class world..
singapOre has nO enfOrcement On SGX LiSTED cOmpanies' fOreign directOrs.
nO enfOrcement On Hit-and-Run Accident On fOreign Officers.
bUt I remember vERY gOOd On the US kid MiCHAEL On vandalism Of Judge's car.
lOOk LiKE singapOre's laws are Only iN enfOrcing AGAiNST Law-Abiding peOple,
bUt nOt gOOd at enfOrcing AGAINST Law-UN-abiding peOlpe.
Law Makers must knOw hOw tO write the RiGHT LAWS fOr CRiMiNALS rather than fOr innOcent CiTiZENS.
nickyng ( Date: 03-Mar-2010 15:49) Posted:
wah! where u migrated to ?!?!?! dont pick ur DURIANs here any more liao har? :(
tanh2l ( Date: 03-Mar-2010 15:44) Posted:
glad to hear that there is still some "right" rules in placed. but in biz, many times they turn "left", still wat 1st class financial system, cant even protected our hard earned $$ from the overseas sharks, luckily i am in the midst of migration alr...on hindsight, i tink i really hv no regrets leaving our belovedly make-up 1st class world..
hahaha...at most next time when i had them processed into pancake shaped target board will invite u to the range for u to satisfy ur trigger free gunning limbs lar:)))
but remember to aim properly hor, dun mis-fire into my territory hor...keke:)))
nickyng ( Date: 03-Mar-2010 16:06) Posted:
wah! u r freeloading on those fallen DURIANS of mine !! :P
tanh2l ( Date: 03-Mar-2010 15:56) Posted:
now this world has gotten smaller and more connected wor, will still be in this trading line as its my main source of funding and favourite hobby, sti...hmmm will still visit lar whenever u gunned down the durians, i will come back n picked:
wah! u r freeloading on those fallen DURIANS of mine !! :P
tanh2l ( Date: 03-Mar-2010 15:56) Posted:
now this world has gotten smaller and more connected wor, will still be in this trading line as its my main source of funding and favourite hobby, sti...hmmm will still visit lar whenever u gunned down the durians, i will come back n picked:)
nickyng ( Date: 03-Mar-2010 15:49) Posted:
wah! where u migrated to ?!?!?! dont pick ur DURIANs here any more liao har? :(
now this world has gotten smaller and more connected wor, will still be in this trading line as its my main source of funding and favourite hobby, sti...hmmm will still visit lar whenever u gunned down the durians, i will come back n picked:)
nickyng ( Date: 03-Mar-2010 15:49) Posted:
wah! where u migrated to ?!?!?! dont pick ur DURIANs here any more liao har? :(
tanh2l ( Date: 03-Mar-2010 15:44) Posted:
glad to hear that there is still some "right" rules in placed. but in biz, many times they turn "left", still wat 1st class financial system, cant even protected our hard earned $$ from the overseas sharks, luckily i am in the midst of migration alr...on hindsight, i tink i really hv no regrets leaving our belovedly make-up 1st class world..
wah! where u migrated to ?!?!?! dont pick ur DURIANs here any more liao har? :(
tanh2l ( Date: 03-Mar-2010 15:44) Posted:
glad to hear that there is still some "right" rules in placed. but in biz, many times they turn "left", still wat 1st class financial system, cant even protected our hard earned $$ from the overseas sharks, luckily i am in the midst of migration alr...on hindsight, i tink i really hv no regrets leaving our belovedly make-up 1st class world...
stkoh78 ( Date: 03-Mar-2010 14:34) Posted:
By right, accordingly to SGX Rule 1309 they are suppose to pay a reasonable payment to existing shareholders. Unfortunately most china firms that went buzzed go by left side . These firms would normally paint in a 'red' story saying that they are in debt and unable to make a reasonable buy-back offer to shareholders.
try to put some case study on these 3 firms
Asia Water => recently lifted the suspension after 1 years plus of non trading. Offer 1 for 2 Right . Price dropped from previous 0.19 ( before suspension ) to current 0.06c
FerroChina ==> suspension for over 2 years and now SGX ask them to delist
China Milk say that they have money but need to go those 'these' && 'that' excuss of sending out the money out of PRC. If they really have that money , then i think they should be able to resolved it in within 3-4 mths times. If there is no news from them in regarding these bond payment after this period of times , then it is likely that they will change their story plot line .
glad to hear that there is still some "right" rules in placed. but in biz, many times they turn "left", still wat 1st class financial system, cant even protected our hard earned $$ from the overseas sharks, luckily i am in the midst of migration alr...on hindsight, i tink i really hv no regrets leaving our belovedly make-up 1st class world...
stkoh78 ( Date: 03-Mar-2010 14:34) Posted:
By right, accordingly to SGX Rule 1309 they are suppose to pay a reasonable payment to existing shareholders. Unfortunately most china firms that went buzzed go by left side . These firms would normally paint in a 'red' story saying that they are in debt and unable to make a reasonable buy-back offer to shareholders.
try to put some case study on these 3 firms
Asia Water => recently lifted the suspension after 1 years plus of non trading. Offer 1 for 2 Right . Price dropped from previous 0.19 ( before suspension ) to current 0.06c
FerroChina ==> suspension for over 2 years and now SGX ask them to delist
China Milk say that they have money but need to go those 'these' && 'that' excuss of sending out the money out of PRC. If they really have that money , then i think they should be able to resolved it in within 3-4 mths times. If there is no news from them in regarding these bond payment after this period of times , then it is likely that they will change their story plot line .
vested as well :[
tanh2l ( Date: 03-Mar-2010 13:33) Posted:
hi knightrider,
in the event they really got delisted, how do they portion out the payment to existing shareholders? appreciate your advise, thanks. vested:
So sad, seeing so many China listed firm here, go into suspended situation. Is our stock exchange do their research before approved them, and is there any policy in place to safe guard our minorities' $$. Just like banks, need to be guarrantee. Then who will safe guard our investment, I think we should stay away from China stocks. Even banks also kana play out, after Liehman things. I think normal people like us, we should all wake up when invested in all this lousy counter.
By right, accordingly to SGX Rule 1309 they are suppose to pay a reasonable payment to existing shareholders. Unfortunately most china firms that went buzzed go by left side . These firms would normally paint in a 'red' story saying that they are in debt and unable to make a reasonable buy-back offer to shareholders.
try to put some case study on these 3 firms
Asia Water => recently lifted the suspension after 1 years plus of non trading. Offer 1 for 2 Right . Price dropped from previous 0.19 ( before suspension ) to current 0.06c
FerroChina ==> suspension for over 2 years and now SGX ask them to delist
China Milk say that they have money but need to go those 'these' && 'that' excuss of sending out the money out of PRC. If they really have that money , then i think they should be able to resolved it in within 3-4 mths times. If there is no news from them in regarding these bond payment after this period of times , then it is likely that they will change their story plot line .
vested as well :[
tanh2l ( Date: 03-Mar-2010 13:33) Posted:
hi knightrider,
in the event they really got delisted, how do they portion out the payment to existing shareholders? appreciate your advise, thanks. vested:(
knightrider ( Date: 03-Mar-2010 12:15) Posted:
Correct me, if I am wong, I felt that FerroChina had been suspend that long ! I just felt. Last time b4 Link Island and renamed to Manhatten, also so kana caught, that counter also suspend for 2 yrs plus ! And they are operate in Spore, this counter, the business in China - remember in China, anything can happen. Take care.
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