
des_khor ( Date: 03-Jan-2011 11:33) Posted:
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pharoah88 ( Date: 13-Apr-2010 13:00) Posted:
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des_khor ( Date: 01-Jan-2011 01:37) Posted:
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Andrew ( Date: 02-Jan-2011 23:38) Posted:
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Andrew ( Date: 02-Jan-2011 23:38) Posted:
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Who to blame ah....??
Most S-chip listed here is a holding company, most of their asset is in China. The management of these companies has no legal obligation or whatsoever responsiblity to our law and enforcement. Simply because our law have no jurisdication over them. It is like saying......so long....sucker...
For that matter, the CEO is not even here and the local executive directors are usually for show. See SinoEviron problem.......the exec dir are very hardworking.....but powerless to go anything.
After getting the funds, these companies can just report loss and loss until everything is gone. Our law on accounting law for companies is very well established....it is the pple who report that are in question.
And if SM Goh have to go PRC to beg for help on this issue......it is that serious.
Do anyone has a tally to show the S-chips failure rate ?
So for Debao.....first 9 months loss 183M RMB......at this rate....how long can it last.
And there are already many published examples......I am a bit shock why investors are still buying.
So who to blame ?
des_khor ( Date: 01-Jan-2011 01:37) Posted:
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knightrider ( Date: 14-Apr-2010 11:59) Posted:
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des_khor ( Date: 13-Apr-2010 10:03) Posted:
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The Keropok Man takes a photo of his surroundings and shows it to you, every Mon to Fri.
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* Singapore Daily Picture (Singapore Photos)
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LiKE TiGER AiRWAY alsO lOst mOney befOre listing.
hOw cOme can be listed On MAIN bOard ? ? ? ?
What is the DiFFERENCE nOw between MAIN bOard and CATALYST ? ? ? ?
This is wOrsE than crEdit sUb-PRiME ????
is this EQUITY sub-PRiME ????
is this SGX sUb-PRiME ? ? ? ?
niuyear ( Date: 13-Apr-2010 12:54) Posted:
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In the Charity Bull Run held in Singapore year 2008, SGX has donated some raised fund to China Youth devleopment Fund. Some people had raised question why must we donate to these China people where there so many rich people there to help their own country men.........
SGX replied : """"""......The Bull Charge has benefited from the generosity of overseas listed companies over the last five years........Todate, Chinese companies have formed the most SIGNIFICANT group of contributors, thus, for our first OVERSEAs Charity, we selected one from China......"""""
LMAO! this is why China listed company which lost money, still can get listed here?????
des_khor ( Date: 13-Apr-2010 10:03) Posted:
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then, should put it on 2nd board and then look for sponsor, why put in mainboard ! Such a lousy one. Singapore how to become Asia Financial hub, lost confident for investor.
In HK if your share to be listed, cannot broke below the IPO price and if the share to be listed is not a local (mainland + HK), foreign (recent Russia Steel Co. listed in HK), they need some local big shots liks Hutchson Whampoa and another one to be their backer so that local HKs will not suffer and make sure the price cannot below IPO when trading. These are the rules for foreign parties to listed there. Here, some cookoos will get hook ! Good Luck.
Hulumas ( Date: 12-Apr-2010 23:38) Posted:
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knightrider ( Date: 12-Apr-2010 16:42) Posted:
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knightrider ( Date: 12-Apr-2010 17:31) Posted:
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knightrider ( Date: 12-Apr-2010 17:31) Posted:
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Loss of RMB16 million.
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