ShareJunction - Member Posts

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< Jokingly> This is the best and most enlightening....

warrenbegger ( Date: 29-Mar-2011 09:32) Posted:

Base on my expertise and professional in chosing stock, i look into this value,

Astromancy, Taromancy, Runecasting, Numerology, Geomancy, Face Reading, I-Ching divination and Feng shui position. Green dragon must play 69 with white tiger in line of solar eclipse, and early ejection in trend must be red bull playing 69 with care bear too. With shooting star aiming at the position u shit(toilet), prepare some KY jelly, toys and unload gun when organism bullish.

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Poor comments.

Someone in denial of things.

Hulumas ( Date: 13-Jun-2011 11:40) Posted:

Good comments, I strongly, totally agree with you! Thank you for the constructive posting!

Laulan ( Date: 13-Jun-2011 11:30) Posted:

I think again, and reason that if S-Chips are that bad, why have them approved for listing in the first place. And why slap themselves in the face and exposing their lack of foresight, expertise or lack of good bourses governance. It goes to show that authorities in the relevant exchanges are either sleeping or they could be they are in cahoots with dishonourable elements of the markets. Don't tell me that they can't differentiate between a good set of accounts and a lying account? Something is wrong somewhere, where is the due diligence, the responsibility to the investing public?

But anyway, it is not too late now to tackle the S-Chip problems properly. The law must be passed that all directors are personally liable for all deeds of their listed company's transaction and can be sued as a person in relation to their companies and not just the company being sued as a legal entity that they enjoy. Company laws must be change for list companies (public companies, especially the listed ones). In addition, the accountants and auditors (whistler blowers) must both have certain liabilities over the affairs of the companies they are accounting or auditing because they are paid to do the job. So before and after listing, they should be accountable like the architects who are accountable for the collapse of a building due to structural faults found in later years. If there are such a protective framework in place, I think the market place will be a safer one.

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nvm Salute if you don't get my point..

You better answer to Huluma's BIG FONT question.. that user getting more emo day by day with all these negative feedbacks and comments from forummers about S-chips.

Salute ( Date: 13-Jun-2011 11:12) Posted:

this is different from what you said that " VIP" is the reason that made people not taking the things out. If there is a good lead, I will second it.

look how the revolt for the subpressing treatment in the ME that influence the rest of the world

and how the people in HK voice out the Lehman's matter and come to singapore.

anything needs a strong lead. ...doesn't mean that people are fearful of one particular person.

China's matter is pretty bad and is known internationally.......therefore it's ok what we have been " scolding"

medivh ( Date: 13-Jun-2011 09:24) Posted:

Yes times have change.. people have changed..

What I mean is that since this is so, why no one here is SG actually do the real action by bringing these companies to the law? Some years back .. S-chips already is in the system and already some have delisted due to these accouting discrepancies..and some have already experienced, but no one dared to do anything. even till now.. (last time..Ferror china, Zilong etc.. just recently ,, HW, HX, CGX) . still no one bothers anyway.. all sitting down to lick their wounds here, and just accepting the loss.. .. LOL

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Warrenbeggar's Font size is bigger.. i donno why but maybe for ah pek and ah ma's who cannot see properly..

baiya, whether its s-chip or s-cheat.. or watever name you want to call , lets not get too emo and get down to the real facts...

nowadays who dare to trust what they (china coy) say about their financial position being sound and have lots of money in the banks?

i'm just stating a fact.. who dares to go hong lim or raffles place and publicize aloud?

niuyear ( Date: 13-Jun-2011 11:02) Posted:

There is reason why people wants to say that.

US also taking measures about the S-chips listed there....... more to come...

Hulumas ( Date: 13-Jun-2011 10:40) Posted:

Just small note. It is written " S-cheat" in your posting, that is not appropriate! Why can't we just write S-chip or S-chips

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As the saying goes.. a man is no fool to lose what he cannot keep and to keep what he cannot lose..

all the best to your investments.

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Yes times have change.. people have changed..

What I mean is that since this is so, why no one here is SG actually do the real action by bringing these companies to the law? Some years back .. S-chips already is in the system and already some have delisted due to these accouting discrepancies..and some have already experienced, but no one dared to do anything. even till now.. (last time..Ferror china, Zilong etc.. just recently ,, HW, HX, CGX) . still no one bothers anyway.. all sitting down to lick their wounds here, and just accepting the loss.. .. LOL.

Salute ( Date: 12-Jun-2011 23:52) Posted:

time has changed, look at our election. People thought they would be ..... if they did....., but we are able to voice out.

Even though it's the very VIP, we lost our money and we are not allowed to say this much. My god.

never mind, if it can't be told here becuase of black and white. write to my inbox and if I am scared, I will curse them by heart not by black and white lah till I vomit blood from internal heart injury.

Why must it always be the white to do these.

Remember long ago, in the advertisement for secretary post, young age is mentioned till one day a caucasian expat's wife wrote in ST forum that due to this clause in the advt, her expertise in this field was rejected, then the next day onwards no such clause mentioned in the advt anymore. Its that effective. though this is small scale matter.

medivh ( Date: 11-Jun-2011 11:05) Posted:

Well you see, its US bringing these chinese auditors to lawsuit... they have the means to and they dare to.

You really think SG will do that? *don't know if you know what I am trying to say here.. just a hint *do you know who has been trying to build the sino-china ties.. *

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Well you see, its US bringing these chinese auditors to lawsuit... they have the means to and they dare to.

You really think SG will do that? *don't know if you know what I am trying to say here.. just a hint *do you know who has been trying to build the sino-china ties.. *

Salute ( Date: 11-Jun-2011 00:52) Posted:

See medivh. need not be afraid, in the situation like this, the so called qualified Auditors/accountants is not doing their job well.

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haha.. actually not really ley, in SG we have some monkeys also.. haven't you heard of the phrase, you pay peanuts you get monkeys....

http://www.singaporedemocrat.org/articlenkflawsuit8.html

des_khor ( Date: 10-Jun-2011 12:11) Posted:

Their accountants over qualified than our SG one as they know how to do monkey business !!

medivh ( Date: 10-Jun-2011 12:03) Posted:

A lot of things cannot be said here .. accountants not qualified you said???

Whtever written here in black and white , whatever can be held against you in court if someone who read this forum from China really want to sue you , they can use it as evidence... and trust me these days.. people can also " earn" money from this way..the PEN is mightier than the sword.

Its really up to you to conceive from all these posting people have put here and act smartly (" ,) (," ) Even if you choose not to act smartly , the choice is still yours

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actual qn that i had mentioned in older posts :

Is everyone as honest as they should be? Integrity is the key word in businesses.. irony is whether people who are doing business believe in that or is it just the S with 2 vertical lines?

Salute ( Date: 10-Jun-2011 13:44) Posted:

this is personal direct accuse.

what we said here is also known. Many of these fraud companies, no matter how qualified the accountant is, is still their inablility to discover and disclose all the dirt. which didn't show the true transparency are we are the victims......different case.

We kept scolding the SGX, is it going to catch us.

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http://www.china.org.cn/english/Life/180887.htm

There are many other articles around... too lazy to go dig out. Its better for you to know what to say and also the best is not to say :)

AnthonyTan ( Date: 10-Jun-2011 12:18) Posted:

Waulau eh, like tat also can get sue .

As long as no false specific accussation abt someone

or general postings r ok lah.

medivh ( Date: 10-Jun-2011 12:03) Posted:

A lot of things cannot be said here .. accountants not qualified you said???

Whtever written here in black and white , whatever can be held against you in court if someone who read this forum from China really want to sue you , they can use it as evidence... and trust me these days.. people can also " earn" money from this way..the PEN is mightier than the sword.

Its really up to you to conceive from all these posting people have put here and act smartly (" ,) (," ) Even if you choose not to act smartly , the choice is still yours

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The shorting has begun..those with bullets, fire it up :)

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A lot of things cannot be said here .. accountants not qualified you said???

Whtever written here in black and white , whatever can be held against you in court if someone who read this forum from China really want to sue you , they can use it as evidence... and trust me these days.. people can also " earn" money from this way..the PEN is mightier than the sword.

Its really up to you to conceive from all these posting people have put here and act smartly (" ,) (," ) Even if you choose not to act smartly , the choice is still yours!

niuyear ( Date: 10-Jun-2011 11:54) Posted:

China companies' accountants not qualified? hahaha!

warrenbegger ( Date: 10-Jun-2011 01:03) Posted:

S-cheat news again! See! S-cheat (Aka, Super-Cheat) so famous now internationally world wide... Zzzzzz

http://www.channelnewsasia.com/stories/afp_asiapacific_business/view/1134192/1/.html

Beware of China investment risks

The Wall Street Journal quoted Martin Wheatley, former chief executive of the city's Securities and Futures Commission (SFC), as saying that investors could get burned if they rush into Chinese firms without putting their books under a microscope.

Worries about the accuracy of Chinese firms' books have long dogged the country and Wheatley's comments come amid heightened scrutiny of some Chinese companies, particularly those with foreign listings.

The US Securities and Exchange Commission is probing accounting issues at several Chinese companies that trade on US stock exchanges, with some Chinese companies having seen their shares suspended over allegations of accounting irregularities and other improprieties.

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http://nextinsight.net/index.php/story-archive-mainmenu-60/912-2011/3971-shame-on-china-milk-management

I read this cause some1 pointed this out in the forum and thought its good to post here to further add to the point of the dangers in S-chips.

To those who have vested heavily in S-chips and now licking their wounds cause the counters have either suspended (CGX, HX, HW etc.) or halted or whatever, my advice is really look at other counters..With so many of these news coming out so fast and quickly, (the power of the Internet!) people need and should be smarter in their investments or trading.

Thats all ! good luck folks.

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People always buy on rumour sell on news.. so when you see such volume and activity, its really up to you to decide whether its worth the risk :)

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no sweat.. just digging some earth worms only..

I know you still love her (or him.. or watever)

warrenbegger ( Date: 08-Jun-2011 23:09) Posted:

Thanks medivh for digging. I dont know Hulumas anyhow recommend rubbish so long time ago to others, and till now she still a eat sai fish thats anyhow recommend rubbish again. Zzzzz

Ha ha ha :)

I confirm she is a ah siao liao, LOL!!!

medivh ( Date: 08-Jun-2011 21:06) Posted:

http://extraordinaryprofits.blogspot.com/2007/01/zhongguo-jilong.html

Dig up some interesting blogs and our dear " Hulumas" was featured as well =)

enjoy.

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To all Ka Teks (shorties ) good job :)

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http://extraordinaryprofits.blogspot.com/2007/01/zhongguo-jilong.html

Dig up some interesting blogs and our dear " Hulumas" was featured as well =)

enjoy.

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hahaha you don't have to care the comments about you, there are others in the forum other that you reading the posts as well :)

Hulumas ( Date: 08-Jun-2011 20:43) Posted:

Ha. ha. . ha. . . that is the cause of every thing, especially yourself, i.e. " exaggerated suspicion" ! Even to me !!!

medivh ( Date: 08-Jun-2011 20:32) Posted:

FYI, YOU only said you sold at a profit..

From historical chars and px, when you said you wil sell at around march 2011, the px was at one of its lowest of around 12.5c to a high of 16c.

And if you claim to be an investor, you would probably have bought much earlier, say 1 year ago , which stands at around 18c then. So what kinda profit are you saying ??

Anyway, I'm here to influence what you want to buy.

Its just funny how some people try to claim to have something when they have not :). Its no wonder why you love S-chips, cause its similar in comparison to these S-chips' company's CEOs who also claim to have alot in their bank when they have not !

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Correction: Anyway, I'm not here to influence what you want to buy.

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FYI, YOU only said you sold at a profit..

From historical chars and px, when you said you wil sell at around march 2011, the px was at one of its lowest of around 12.5c to a high of 16c.

And if you claim to be an investor, you would probably have bought much earlier, say 1 year ago , which stands at around 18c then. So what kinda profit are you saying ??

Anyway, I'm here to influence what you want to buy.

Its just funny how some people try to claim to have something when they have not :). Its no wonder why you love S-chips, cause its similar in comparison to these S-chips' company's CEOs who also claim to have alot in their bank when they have not !

Hulumas ( Date: 08-Jun-2011 19:44) Posted:

Please further checked I sold China Taisan at profit, I bought lower in price and sold at higher price. I sold it since I switched to other more potential counter,while I found some things not quite right with the CASH that China Taisan holding!

medivh ( Date: 08-Jun-2011 19:33) Posted:

Greetings Hulumas,

if what you really say is true about you investing and not trading and earning lots from all the investment in S-chips, which I beg to differ, then you would be basking in your $$ somewhere nice, and not coming here to create the false imagery.

Following the threads you have posted, like the one below.. C. Taisan has fell from its high. If you are an investor, you would have gone in at a high and now selling at a low (say you are an investor and hold for 6 mths to 1 yr)..

We all know, Majority of S-chips have not performed well .. I do not need to name or list any cause many forummers already know the names and fate of these S-chips.

In the forum, you can create a lot of HOT AIR around yourself, about how much you have earned being an investor in S-chips.. in reality no one except yourself knows..Got you there (" ,) (," )

Don't wait for the Last Judgment. It happens every day. ~Albert Camus, The Fall, 1956