BeautyChina   

BeautyChina

Ya, long long sleep, like sleeping beauty heh???? when is the time to wake up....I need my money back....ohh...ohhh....ohhhhh.....ohhhhhhh..

 

Long sleep man... wake up wake up!

 

Still suspended!! Missed this rally..

 

Beauty China's fundamentals remain intact with no slowdown for China retail sales, says UOB KayHian; reiterates Buy call, keeps target price unchanged at $1.38. Blames fears of slowdown in consumption following China snowstorms, earthquake and concerns over margin squeeze from higher raw material prices. But says China retail sales still solid, registering record high in Apr whilst new products, increasing utilization rates should help ease margin pressure.

this is from MFT predicted on last year June !! it was really make my toe laugh !! hahahah..... ask tell better go to sleep....

 

BAD NEWS. COMPANY MIGHT GO BUST! http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_80BEF38ABEE528A048257576003B078F/$file/BeautyChina_Update_by_board_of_directors.pdf?openelement

 

The chairman is still holding on to so much shares??? Means a lot more potential for the counter to drop ya. 

 

A report at Businees Times, The Chairman, Mr Wong still owes $800,000 after the forced sale of his martgaged shares on the last few days. Now his stack in the company is at 32.28 %.

I guess it's not hard for a Chairman to raise $800K if his Company is fundamentally sound.

Stay Out!!!!

 

Thanks for the view. Just thought the drastic fall in price is unwarranted. NAV is about 45 singapore cents. serious discount to stock value. that's why i thought it is worth looking.

Centaur      ( Date: 05-Mar-2009 14:13) Posted: Yes, does not mean that co is in trouble but given current market sentiments, its like adding fuel to fire. PP would be asking why the need for the chairman to divest if there is nothing wrong. If uncertain, selling would be the preferred option. joshlai86      ( Date: 05-Mar-2009 14:09) Posted: any one with views in this counter? shld we buy now and wait for gd news by 13 mar? chairman sale of shares DOES NOT MEAN company in trouble right? any view appreciated thanks!

 

Yes, does not mean that co is in trouble but given current market sentiments, its like adding fuel to fire. PP would be asking why the need for the chairman to divest if there is nothing wrong. If uncertain, selling would be the preferred option.

joshlai86      ( Date: 05-Mar-2009 14:09) Posted: any one with views in this counter? shld we buy now and wait for gd news by 13 mar? chairman sale of shares DOES NOT MEAN company in trouble right? any view appreciated thanks!

 

any one with views in this counter? shld we buy now and wait for gd news by 13 mar? chairman sale of shares DOES NOT MEAN company in trouble right? any view appreciated thanks!

 

MR Wong had been selling >20m shares within last few days due to force sale of mortgaged loan.....doesn't sound positive at all..

 

today halt trading...any news on this counter? i wonder what happened...

 

Anything <0.10 cts is beautiful.... over long term.

 

hi hulumas,

                 is 0.08 based on yr TA or market observation? I'm going in at 0.10.

Cheers,

oinkoink

Hulumas      ( Date: 04-Mar-2009 15:41) Posted: I 'll wait till Sgd. 0.08 then start going in.

 

I 'll wait till Sgd. 0.08 then start going in.

 

No longer beautiful..yet it share is beautiful traded..up, after falling 70%

trader88.sg      ( Date: 03-Mar-2009 19:49) Posted: BEAUTY CHINA HOLDINGS LIMITED POTENTIAL SALE OF SHARES BY THE MAJOR SHAREHOLDER The Board of Directors of Beauty China Holdings Limited (the "Company") has been informed by Mr Wong Hon Wai ("Mr Wong") that he has been approached by a potential purchaser to consider a sale of all the Company's shares held by Lucky Gain International Limited (the "Potential Vendor"), being 137,456,007 shares representing approximately 38.57% of the share capital of the Company. The Potential Vendor is a company in which all its shares are beneficially owned by Mr Wong. The Company has been informed that talks are currently taking place between Mr Wong and the potential purchaser. Mr Wong has undertaken to keep the Board informed of any material development in respect of such talks or when he makes a decision. The Board would like to caution, however, that there is no assurance that any transaction will materialise arising from the talks currently taking place between Mr Wong and the potential purchaser. Shareholders and investors are therefore advised to exercise caution in their dealings in the Company's shares. Further announcements will be released if and when appropriate.   ON BEHALF OF THE DIRECTORS Wong Hon Wai Chairman 3 March 2009

 

BEAUTY CHINA HOLDINGS LIMITED

POTENTIAL SALE OF SHARES BY THE MAJOR SHAREHOLDER


The Board of Directors of Beauty China Holdings Limited (the "Company") has been informed by Mr
Wong Hon Wai ("Mr Wong") that he has been approached by a potential purchaser to consider a sale of all the Company's shares held by Lucky Gain International Limited (the "Potential Vendor"), being
137,456,007 shares representing approximately 38.57% of the share capital of the Company. The
Potential Vendor is a company in which all its shares are beneficially owned by Mr Wong. The Company has been informed that talks are currently taking place between Mr Wong and the potential purchaser.


Mr Wong has undertaken to keep the Board informed of any material development in respect of such
talks or when he makes a decision.


The Board would like to caution, however, that there is no assurance that any transaction will materialise arising from the talks currently taking place between Mr Wong and the potential purchaser. Shareholders and investors are therefore advised to exercise caution in their dealings in the Company's shares.


Further announcements will be released if and when appropriate.


 

ON BEHALF OF THE DIRECTORS


Wong Hon Wai
Chairman
3 March 2009

 

this counter dropped from 0.33 to 0.11 in one day....any additional info on this stock..? If you look at past trading patterns..this counter really looks weird lor...LOL...

 

what happen to this  S- shares

down 70 %

 

merrill lynch picked Beauty China as 'buy', article at www.nextinsight.com.sg

other pick is ComfortDelgro, cos it will benefit from plunging oil price. but Comfort doesnt look cheap at  12X pe, hor