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China Hongx
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Andrew
Master |
23-Feb-2011 23:12
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Since it is trading halt......let made a guess.....no harm hor...Guess only.  As it is so near to FY results.....is it possible that the new auditors have found that the book is not in order. Afterall, it is less than 2 month to prepare FY.     And they need more time to prepare the results. Why did the previous auditor resign abruptly ?  Why not wait for AGM to retire ?
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Andrew
Master |
23-Feb-2011 22:51
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But too many companies broke the rule and refuse to SUS. SUS need SGX panel to review before resume.
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Alligator
Veteran |
23-Feb-2011 22:46
Yells: "learning from past " |
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Halt is less than 3 days. |
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Andrew
Master |
23-Feb-2011 22:40
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Oh.....H can last between 1/2 hour to 2 weeks lor.......UOB become the first SGX companies to H for 1/2 hour after the rule change in 2006....izzit ??  To announce FY results......for fun.....ya
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peterlimkopi
Member |
23-Feb-2011 22:28
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Read from the internet that halt usually last less than 2 hours if the company halt trading due to pending for news or annoucements.. Bt this has gone on for 2 days..bad bad..... |
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Jackpot2010
Master |
23-Feb-2011 22:18
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  No news is BAD news after 2 days halt passed. Something real bad must have happened...so scary now! |
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laifea98
Member |
23-Feb-2011 22:07
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Sorry, ..first posting, make a mistake..     Should read:      Just hope that it would  not be like China Milk..... Vested and will lose quite a bit if suspended.. Got hit once  by FerroChina. |
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Andrew
Master |
23-Feb-2011 22:03
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Hey....see this : Proposed Appointment of Auditors That Ernst & Young LLP, Certified Public Accountants, Singapore, be and are hereby appointed as auditors of the Company for the financial year ending 31 December 2010 and are to hold office until the conclusion of the next annual general meeting of the Company in place of the resigned joint auditors, Foo Kon Tan Grant Thornton LLP, Certified Public Accountants, Singapore, and RSM Nelson Wheeler, Certified Public Accountants, Hong Kong, and to authorise the Directors of the Company to fix their remuneration.   Auditors resigned in Nov........very bad leh.......did not issue any reason why auditor resigned. Did not advice if the new auditor should take up the position.....   |
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laifea98
Member |
23-Feb-2011 22:00
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Read somewhere that " halt" is 3 days max., while " suspension" is unlimited. Already 2 days, doesn't look good-- Just hope that it would be like China Milk :                     09 Feb 2010- Request for Trading Halt                     12 Feb 2010- Request for Suspension!!! |
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louis001
Master |
23-Feb-2011 21:45
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if they halt the whole week, than those who contra short will be the first group to suffer first.... as for the rest of shareholders, that  the sell off yesterday like many other counters hopefully was due to market sentiments on mid-east crisis/oil price etc... else...  let's hope for the best... as for US to go to  WAR in mid-east again,,,,,,are they W(illing) A(ble) R(eady) ?? after recent war in IRAQ  and AFGT.?? am don't think so.
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peterlimkopi
Member |
23-Feb-2011 21:08
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May they are halting till the release of their Q4 and FY 2010 results?.. and hopefully there will be some good news =) |
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renzokun
Senior |
23-Feb-2011 20:10
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gues they halt e whole week.. | ||||
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GuavaXF30
Master |
23-Feb-2011 19:08
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Could trading halt be triggered by 21% drop in price ? 
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Citigold
Senior |
23-Feb-2011 18:39
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On 26 Jan 2011 ,Substantial Shareholder > Tradewinds Global Investors, LLC increased thier stake from 4.996% to 5.228..Based on this,i expect a gd new,might not be true but this is the only clue i can based on.
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renzokun
Senior |
23-Feb-2011 18:32
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Its realli hard to believe is good news, else wont haf such kind of sell off till trading halt! | ||||
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jeslyn_fan
Member |
23-Feb-2011 17:18
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I hope good news too. The co
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Citigold
Senior |
23-Feb-2011 16:47
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Most likely gd news | ||||
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GuavaXF30
Master |
23-Feb-2011 08:52
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BTW, the drop yesterday for CHX was more than 21%. That's as much as CGX drop after KDR listing ! SCARY.
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GuavaXF30
Master |
23-Feb-2011 08:22
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Whatever it is, with price drop so much just before halt, it's not likely to be good news. Especially with yesterday's bloodbath. When resume, this is one definite short-sell target....
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hyun_sg
Member |
23-Feb-2011 08:14
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if the insiders don't flow before the announcement, when can they get rid of their shares at a higher price??
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