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Almost every china something stock is red........
Old news since last Friday. 25-02-2011.
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Converting its trading halt into a trading suspension.
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shoemaker ( Date: 28-Feb-2011 10:43) Posted:
China Hongx got suspended!!! What happened?? |
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China Hongxing, Hongwei: Requests trading suspension following
audit irregularities.
shoemaker ( Date: 28-Feb-2011 10:43) Posted:
China Hongx got suspended!!! What happened?? |
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shoemaker ( Date: 28-Feb-2011 10:43) Posted:
China Hongx got suspended!!! What happened?? |
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easy ..jz call em
Calculator spoilt......
shoemaker ( Date: 28-Feb-2011 10:43) Posted:
China Hongx got suspended!!! What happened?? |
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China Hongx got suspended!!! What happened??
You are right... It is all based on the law of the jungle...
    ie. The strong will always bully the weak, the big ones always eat the small ones...
                And also, when small monkeys see big monkeys do bad things, they all
                        will follow and do the same things, because they all learn by example...
                                It looks like humanity has no hope whatsoever for spiritual advancement and caring...

warrenbegger ( Date: 27-Feb-2011 23:27) Posted:
I know that long time ago when i was small, it just that our education system and culture  in singapore  teach us different things. And china teach them differently. Our great great great parent r from china, and great great great parent's parent r from dinosuar age? We cannot hold on to the past and dont move on, thats life. Even if u dont move on, u will die one day, earth is moving everyday non stop. Thats life cycle.
des_khor ( Date: 27-Feb-2011 23:00) Posted:
For your info !! Our great great great parent are from China as well.... |
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I know that long time ago when i was small, it just that our education system and culture  in singapore  teach us different things. And china teach them differently. Our great great great parent r from china, and great great great parent's parent r from dinosuar age? We cannot hold on to the past and dont move on, thats life. Even if u dont move on, u will die one day, earth is moving everyday non stop. Thats life cycle.
des_khor ( Date: 27-Feb-2011 23:00) Posted:
For your info !! Our great great great parent are from China as well.....
warrenbegger ( Date: 27-Feb-2011 22:56) Posted:
Our underwear and panty also made in china! Everything now made in china! Even china milk made with rubbish chemcial kill it own people. What wrong with them? We support them they still want do rubbish thing. Maybe singapore law more strict and land small  so u  cant run away  if u do wrong. And in china, u can undertable, backdoor, change name/face to run away free, china so big how to catch so easy? Even many china girl call us and said we hit jackpot or win what big prise, all con man and scamer. Even our old  man in singapore kanna con by S-Chick. No wonder li  yao  said singaporean stupid. Sad |
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For your info !! Our great great great parent are from China as well.....
warrenbegger ( Date: 27-Feb-2011 22:56) Posted:
Our underwear and panty also made in china! Everything now made in china! Even china milk made with rubbish chemcial kill it own people. What wrong with them? We support them they still want do rubbish thing. Maybe singapore law more strict and land small  so u  cant run away  if u do wrong. And in china, u can undertable, backdoor, change name/face to run away free, china so big how to catch so easy? Even many china girl call us and said we hit jackpot or win what big prise, all con man and scamer. Even our old  man in singapore kanna con by S-Chick. No wonder li  yao  said singaporean stupid. Sad.
louis001 ( Date: 27-Feb-2011 22:30) Posted:
oh, no,,,some more,,,,  rice, vegetables, towel, clothes, shoes, kitchen wares, handphones, TV,,,,,made in China and imported million lots,,, coffee shops, foodstalls, provision shops run by China company,, cleaners, bus drivers, technician, engineers, sportman, newscasters come from China.....that's the new development,  that's from World 2nd largest economy NOW, after US, whether one likes it or not, huh |
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Our underwear and panty also made in china! Everything now made in china! Even china milk made with rubbish chemcial kill it own people. What wrong with them? We support them they still want do rubbish thing. Maybe singapore law more strict and land small  so u  cant run away  if u do wrong. And in china, u can undertable, backdoor, change name/face to run away free, china so big how to catch so easy? Even many china girl call us and said we hit jackpot or win what big prise, all con man and scamer. Even our old  man in singapore kanna con by S-Chick. No wonder li  yao  said singaporean stupid. Sad.
louis001 ( Date: 27-Feb-2011 22:30) Posted:
oh, no,,,some more,,,,  rice, vegetables, towel, clothes, shoes, kitchen wares, handphones, TV,,,,,made in China and imported million lots,,, coffee shops, foodstalls, provision shops run by China company,, cleaners, bus drivers, technician, engineers, sportman, newscasters come from China.....that's the new development,  that's from World 2nd largest economy NOW, after US, whether one likes it or not, huh.
warrenbegger ( Date: 27-Feb-2011 22:03) Posted:
S-Chip = SEX CHIP, so many like to play China chick and  even didnt wear plastic bag. Feeling is the same, U know it danger but still want to get a taste of it, that human |
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oh, no,,,some more,,,,  rice, vegetables, towel, clothes, shoes, kitchen wares, handphones, TV,,,,,made in China and imported million lots,,, coffee shops, foodstalls, provision shops run by China company,, cleaners, bus drivers, technician, engineers, sportman, newscasters come from China.....that's the new development,  that's from World 2nd largest economy NOW, after US, whether one likes it or not, huh.
warrenbegger ( Date: 27-Feb-2011 22:03) Posted:
S-Chip = SEX CHIP, so many like to play China chick and  even didnt wear plastic bag. Feeling is the same, U know it danger but still want to get a taste of it, that human.
louis001 ( Date: 27-Feb-2011 21:36) Posted:
interestingly, most of the times,almost 30%-35% of the daily top 20-30 volumns counters are china stocks, because many traders like to play S-chips ?
one of the common characteristics about China company listed  is their managements are not very strict with accounting principles and procedures, they are  too flexible in financial management that lead to  many unncessary queries and doubts, and they always think big,  act big but never monitor and  look into the  financial details.   Let's  try NOT to jump the gun of what is the actual problem and wait for the outcome. With best wishes and good luck.  |
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Good examples of consequences buying too liquid shares like China Hongxin and China Sports!risktaker ( Date: 26-Feb-2011 17:37) Posted:
China Hongx & China Sports both cannot touch.
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S-Chip = SEX CHIP, so many like to play China chick and  even didnt wear plastic bag. Feeling is the same, U know it danger but still want to get a taste of it, that human.
louis001 ( Date: 27-Feb-2011 21:36) Posted:
interestingly, most of the times,almost 30%-35% of the daily top 20-30 volumns counters are china stocks, because many traders like to play S-chips ?
one of the common characteristics about China company listed  is their managements are not very strict with accounting principles and procedures, they are  too flexible in financial management that lead to  many unncessary queries and doubts, and they always think big,  act big but never monitor and  look into the  financial details.   Let's  try NOT to jump the gun of what is the actual problem and wait for the outcome. With best wishes and good luck.  |
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interestingly, most of the times,almost 30%-35% of the daily top 20-30 volumns counters are china stocks, because many traders like to play S-chips ?
one of the common characteristics about China company listed  is their managements are not very strict with accounting principles and procedures, they are  too flexible in financial management that lead to  many unncessary queries and doubts, and they always think big,  act big but never monitor and  look into the  financial details.   Let's  try NOT to jump the gun of what is the actual problem and wait for the outcome. With best wishes and good luck. 
Like many others S-chips kena black eye


, this one, CHX  start d ball rolling...
Monkey business, listed S-chips

.,
many China bosses or theirs stake holders still think can get away.
Jackpot2010 ( Date: 26-Feb-2011 15:33) Posted:
IF it collapse it is a BIG case. Total no. of shares issued = 2.8 BILLION Mkt Cap ~ S$420million (@pre-halt price of 15c). Many of these 2.8 Billion shares could be held by retail investors, S'porean in particular.  Very scary now!
- China Hongxin Sports (S$400m)
- Jurong Tech (S$130m)
- Fibrechem Tech (S$96m)
- China Milk (S$177m)
- China Sun (S$44m)
- Sino Env (S$45m)
- Celestial Nutrifoods (S$108m)
 
commando ( Date: 26-Feb-2011 10:26) Posted:
any one hold alot of shares in this company? |
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poor sheng siong..all thanks to e one who decides to buy chx

gues they already start questioning tis person
ooo.. poor sheng siong..
Jackpot2010 ( Date: 27-Feb-2011 11:46) Posted:
Sheng Siong Supermarket holds 40million shares in CHX. Many local & foreign brokerages r nominee shareholders, presumably for clients on margin trading a/c. Coming Monday (27 Feb)  other s-chips$ will be dragged down. So scary now!
(Source: Annual Report 2009 p.99).  |
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Sheng Siong Supermarket holds 40million shares in CHX. Many local & foreign brokerages r nominee shareholders, presumably for clients on margin trading a/c. Coming Monday (27 Feb)  other s-chips$ will be dragged down. So scary now!
(Source: Annual Report 2009 p.99). 
Ah......one more thing......
k) Company that take more than 2 months to announce Q or FY results.   
Less one month - Good Company
One month to less than 2 months - OK company.
More than 2 month for whatever reasons - Avoid.
 
All the point has real example lor and also recommendation from SIAS and best industries practice lor.
risktaker ( Date: 26-Feb-2011 17:54) Posted:
a) No DIV or low DIV  < ------ Depends on the coy situation --
b) Change Auditors frequently, or worse auditors did not complete term  < ------ Depends on the Auditors  ---
c) Change of Core Business, one moment sell coal, one moment sell solar cell.  The worse are those following the Green Trail.....  < ------ Depends if that would turn the coy around
d) Negative trade receivable < ---------- It will be unlikely to have negative trade receiveables unless your talking about negative growth... also doesnt mean a bad thing maybe their customers are paying back it depends.
e) Company who failed to report change in percentage of major or sub shareholder within reasonable time frame. < ------ Fair comment but with SGX listing regulations they have to report within 24/48 hours cant remember.
f) Companies that don't update investor frequently.......is there such things as nothing to report? < ---- Really depends on the nature of the coy. Also coy only do announcement when they need to.
g) High net gearing < ----- This one fair ---- High Net gearing coy is bad.
h) Business that depend heavily on other foreign government policy......like must get what permit to cut tree la.....after months to year still cannot get lor.  Good ones are those that get permit alredi than start  . < ---- What if people wanted to expand and require new license ?
i) Company that has excess cash such that analyst is worrying about it. < ------ Excess cash is one thing but having excess cash and doing nothing is different story. If a coy is solid really  having a huge cash reserve the one thing  you will do is give out special dividends and  do  share buyback  as treasury shares. This kind of coy cannot go wrong and surely their stock price will rocket high pretty soon.
j) Company that did not get all resolutions passed at AGM.......very early warning......may not develop into a problem. < ---- True as management are quite divided and if they are clueless about where to go .... they will failed eventually. Waste of resources.
Andrew ( Date: 26-Feb-2011 17:06) Posted:
OK......let list down the characteristics of a bad company :
a) No DIV or low DIV
b) Change Auditors frequently, or worse auditors did not complete term
c) Change of Core Business, one moment sell coal, one moment sell solar cell.  The worse are those following the Green Trail.....
d) Negative trade receivable
e) Company who failed to report change in percentage of major or sub shareholder within reasonable time frame.
f) Companies that don't update investor frequently.......is there such things as nothing to report?
g) High net gearing
h) Business that depend heavily on other foreign government policy......like must get what permit to cut tree la.....after months to year still cannot get lor.  Good ones are those that get permit alredi than start < ADV> .
i) Company that has excess cash such that analyst is worrying about it.
j) Company that did not get all resolutions passed at AGM.......very early warning......may not develop into a problem.
How ? Anything more ??
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