Latest Forum Topics / China Hongxing | Post Reply |
China Hongx
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GuavaXF30
Master |
26-Feb-2011 11:38
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Sad but most likely true. You will recall they had rumours about their finances before and they even held a press conference to show  a bank statement print-out to show that they had cash ina  Chinese bank. Looks like Chinese bank statements not very reliable...... This is a goner.
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rotijai
Supreme |
26-Feb-2011 11:04
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never never dump a lot into s-chips.. for too long.
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rotijai
Supreme |
26-Feb-2011 11:03
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guys, there are so many stocks around.. if u  " DIE DIE" must buy penny stocks.. there are still plenty.. better " KNOWN" counters like golden agri, ghk..etc i think are far safer than " China etc" stocks.. *not encouraging u to buy the above, just stating a point tat s-chips are very dangerous |
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bishan22
Elite |
26-Feb-2011 10:56
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Looks like same fate as Sino Enviroment. Good Luck. 
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commando
Veteran |
26-Feb-2011 10:26
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any one hold alot of shares in this company? | ||||
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risktaker
Supreme |
26-Feb-2011 09:07
Yells: "Sometimes you think you know, but in fact you dont" |
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Gone Case.... Funds looks mishandled, the huge cash balance  might not be even there. Be Warn of company holding Huge Cash Flow and not doing anything :P |
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rotijai
Supreme |
26-Feb-2011 07:01
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u can refer to china milk... i think tat one has been SUS for a year or more
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Andrew
Master |
26-Feb-2011 00:36
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Oh......too late, not even CT Goh can help it !!! Click " C" on SGX website and you will know........
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abc2020
Member |
26-Feb-2011 00:31
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OMG. never touch S-chip. really wonder how come SGX will allow this repeat and repeated  | ||||
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warrenbegger
Elite |
26-Feb-2011 00:02
Yells: "Anyhow Buy Anyhow Die ^_^" |
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With so much of Awards & Certifications, it really hard to know what lvl of trust can a company be? I think the only clue is Change of Auditors. http://www.chinahongxing.com.sg/upload/CHX_Change_of_Auditors_141010.pdf ERKE was honored Asia's best 200 under A Billion of Forbes. Awarded the prestigious PRC's Top Ten Enterprise with Brand Influence given in recognition of the strength of our brand and quality of our products  Awarded China's 500 Most Valuable Bands by the World Brand Laboratory Ranked 159 with a brand value of RMB4.4 billion  'Erke' was named by leading global brand valuation institute World Brand Laboratory as one of 'China's 500 Most Valuable Brands in 2008' for the third consecutive year, ranking among the top 140 with an estimated brand value of RMB 5.3 billion  Runner up in the 'Most Transparent Company in the Foreign Listings' category in the 9th annual Investors' Choice Awards 2008 by the Securities Investors Association of Singapore (SIAS) ??? http://www.chinahongxing.com.sg/Awards& Certifications.asp |
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teeth53
Supreme |
25-Feb-2011 23:35
Yells: "don't learn through life, learn to grow with life " |
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Hi fly..., Nice pic, hav a nice day..Adoiiii, headache, advise don take Panapol, take TCM. | ||||
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louis001
Master |
25-Feb-2011 23:25
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very hard to say, it all depend on the appointed special accountants and company management, how fast they can clear  those doubts on " irregularities" , internally, they have to sort out  and provide answers to the  shareholders public,,,  people can only hope that their management and business operations  can still carry on and not go bankrupt .,,,,pray that " irregularities" will be iron out soon, otherwise,,,very bad. | ||||
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Flyordie
Veteran |
25-Feb-2011 23:22
Yells: "Sifu, Online !!!! Sea Pek Urgent !!!!" |
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bluesun
Member |
25-Feb-2011 23:03
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Can anyone advise how long the suspension can be? Likely to drag  6 months to a year?    |
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teeth53
Supreme |
25-Feb-2011 23:00
Yells: "don't learn through life, learn to grow with life " |
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Many of this China boss still think or thot can play pank with rule of their own, is there any more,,,eee, plenty. please add and help to differntiate bad/good and ugly counters and the best man to answer is Mr Hsieh, himself.
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warrenbegger
Elite |
25-Feb-2011 22:58
Yells: "Anyhow Buy Anyhow Die ^_^" |
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Blue chip should list in orchard and S-Chip should list in geylang! And dont know what Xchip can list in changi village! |
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teeth53
Supreme |
25-Feb-2011 22:56
Yells: "don't learn through life, learn to grow with life " |
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Read from CNA...The list will go on and on and on............ 1) China Milk got convertible bond issue and never relisted. 2) Sino environ ditto, gonna appointed judicial manager already 3) China Sun 4) Celestial 5) Ferro china 6) Beauty china 7) and now china hongX. 8)china P Dye. 9)......? 10).......? |
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yummygd
Supreme |
25-Feb-2011 22:53
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oh boy | ||||
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teeth53
Supreme |
25-Feb-2011 22:52
Yells: "don't learn through life, learn to grow with life " |
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Hsieh is Temasek President (Ex-SGX chief to support...., will hav to ask him, he know best.) Mr Hsieh, 59, is currently a special adviser to Temasek's chief executive and ... Hsieh is Temasek President.... Ho Ching to get " special adviser" Adviser Hsieh Fu Hua appointed special adviser to Temasek chief ... Will anyone buy into Temasick idea when what is happening in SGX Exchange..?.
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Andrew
Master |
25-Feb-2011 22:50
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Frankly, it was written on the wall in Oct when auditor resigned. The filing.... The Board of Directors of China Hongxing Sports Limited (the “Company”) wishes to announce that the Company has received, on 13 October 2010, a letter from Messrs Foo Kon Tan Grant Thornton LLP and RSM Nelson Wheeler giving notice to the Company of their intention to resign as Joint Auditors of the Company at a general meeting of the Company. The Joint Auditors have confirmed to the Company that they have no disagreements with the Board of Directors of the Company on accounting treatments within the last 12 months (i.e. for the year ended 31 December 2009) and there are no matters of concern that need to be highlighted to the Audit Committee.   SGX should asked why they resigned without completing the term, not just a simple 2-liner.  Retail investor should have run when they see this lor. Hope SGX is not too busy playing golf again......
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