Latest Forum Topics / China Hongxing | Post Reply |
China Hongx
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louis001
Master |
01-Mar-2011 21:40
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It was announced  at SGX website  that CHX has obtained approval of extension of result reporting till 1-Jun to submit the final report. Yes, as long as the company is not declared bankrupt and the Board/ Directors still around ( not gone missing/uncontactable)  working with the audit people, one should wait for the report outcome. Any speculation is futile.
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Joe2020
Veteran |
01-Mar-2011 18:01
Yells: "I am the Oracle sent forth unto you that ye shall be warned" |
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hwhwh What an answer!! Certificate of Recognition and Thank You
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zhixuen
Veteran |
01-Mar-2011 17:09
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as long as the company is  not declared bankcrupt you still have chance to take back your money. For good companies, they will sell all the Asset to pay back money to share holders.
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chinton86
Veteran |
01-Mar-2011 17:06
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fRAME UP | |||||
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watercrests
Member |
01-Mar-2011 15:18
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What is the use of the certificate??
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Kensonic77
Veteran |
01-Mar-2011 12:09
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Hope you can but some other counter only give you a certificate.
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watercrests
Member |
01-Mar-2011 11:59
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Ken, do you know that can we get all our money invested back??
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Kensonic77
Veteran |
01-Mar-2011 11:37
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The auditors are very busy now They will inform you when everything if finalize.
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watercrests
Member |
01-Mar-2011 11:34
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OMG!!   Why China HongX suddenly get suspended??? Can any kind soul tell me what happened as I'm new to share investment...   ?? |
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Andrew
Master |
28-Feb-2011 22:02
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wei....you double post leh.....I copycat.... There is always a choice. If  lose confidence, please don't buy anymore S-chip...... Take out S-chip, there is still 400 or more listed companies in SGX for you to play.  You are spoiled for choice. There is always a choice. 
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louis001
Master |
28-Feb-2011 22:02
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On the other hand, if the deemed shareholdings of the board directors and senior management and  major shareholders  sell off just 1-2day before the halt, their shareholdings percentage will drop,  than it is quite clear that they act based on insder news.  So far  anyone  see any declaration  of sell of by major shareholders??? OR it is the speculators/traders who got wind of the  audit  irregularities and  SHORT/ dump  CHX shares before Q-result reporting, and  these people can dump shares all the way down (SHORT/COVER multiple times ) to  2-3cent if they can. So, is CHX suspended trading  the right thing to do and halt at 11.5cent ???  before more innocent public keep buying at lower , lower prices down the road from these speculators/traders ??? |
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risktaker
Supreme |
28-Feb-2011 21:55
Yells: "Sometimes you think you know, but in fact you dont" |
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No Choice..... it happens but dont lose confidence in S-Chip ---- Some S-chip still very good.... especially those newly listed... example China Minzhong, Yamada etc... Those listed around 2006-2007 is not really been thoroughly checked. But the recent ones are very good
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Andrew
Master |
28-Feb-2011 21:49
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Good try to explain.......but not good enough. a) Price drop 17.8% before H on high volume b) Volume is more 10 times the average volume for the past 20 days   So someone has advanced info and now......who are the pple selling ?  Is the management involved ?   Anyway......don't disturb SGX......they are very busy......playing golf.  
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louis001
Master |
28-Feb-2011 21:48
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On the other hand, if the deemed shareholdings of the board directors and senior management and  major shareholders  sell off just 1-2day before the halt, their shareholdings percentage will drop,  than it is quite clear that they act based on insder news.  So far  anyone  see any declaration  of sell of by major shareholders??? OR it is the speculators/traders who got wind of the  audit  irregularities and  SHORT/ dump  CHX shares before Q-result reporting, and  these people can dump shares all the way down (SHORT/COVER multiple times ) to  2-3cent if they can. So, is CHX suspended trading  the right thing to do and halt at 11.5cent ???  before more innocent public keep buying at lower , lower prices down the road from these speculators/traders ???
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louis001
Master |
28-Feb-2011 21:32
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The dates  on 22 and 23 Feb(3.35pm halt)  and timing of the CHX sell off coincides with the world/regional/STI sell down, many other counters also got hit hard and prices drop a lot during those 2 days also. Other counters sudden increased volumn of sell off or buy  up  1-2day before reported Q-results are also possible insider trade too.  Many people already know in their mind there are many cases of possible insider trade long time ago in the markert. How many  cases have been prosecuted in COURT so far ? These people know how to cover their backside and very little or insufficient evidence can be found to prove it.
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des_khor
Supreme |
28-Feb-2011 14:41
Yells: "Tell me who is the God or MFT from this forum??" |
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Order SGX to investigate as it might be insider trade !! | |||||
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hyun_sg
Member |
28-Feb-2011 14:28
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exactly, we're more interested in new news, like how the people knew about the accounting irregularities on the last day just before the halting, and managed to dump their holdings before they got caught halted.
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Andrew
Master |
28-Feb-2011 14:05
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Did not catch your point ??
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bullsfight
Member |
28-Feb-2011 13:38
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see these.......       
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teeth53
Supreme |
28-Feb-2011 13:37
Yells: "don't learn through life, learn to grow with life " |
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Almost every China announcement is out liao...Bottom fishing seen today.
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