Either there are more news yet to be released, or the shortists are waiting for the right moment to shoot down the price. Any bad news is "good news" to them. Especially if it involved the CEO.
Is Yangzijiang really rely on Yuan alone, and without Yuan, it is nothing?
(30-05-2014, 04:32 PM)NTL Wrote: [ -> ]Either there are more news yet to be released, or the shortists are waiting for the right moment to shoot down the price. Any bad news is "good news" to them. Especially if it involved the CEO.
Is Yangzijiang really rely on Yuan alone, and without Yuan, it is nothing?
IMO, it is beneficial with Mr. Ren around, but I do believe that YZJ can continue without him, albeit more bumpy
P/S: I accumulated more at $1, alerted by my mobile peek just now
(vested)
(30-05-2014, 04:36 PM)CityFarmer Wrote: [ -> ] (30-05-2014, 04:32 PM)NTL Wrote: [ -> ]Either there are more news yet to be released, or the shortists are waiting for the right moment to shoot down the price. Any bad news is "good news" to them. Especially if it involved the CEO.
Is Yangzijiang really rely on Yuan alone, and without Yuan, it is nothing?
IMO, it is beneficial with Mr. Ren around, but I do believe that YZJ can continue without him, albeit more bumpy
P/S: I accumulated more at $1, alerted by my mobile peek just now
(vested)
I admire your conviction. I wish to you all the best and good luck.
More than meets the eye, this counter may gap down or get suspended anytime, not worth the risk.
(30-05-2014, 04:49 PM)HoHo Wrote: [ -> ]More than meets the eye, this counter may gap down or get suspended anytime, not worth the risk.
This counter may gap up or down but I don't think it will get suspended. As mention by forumers, this is Ren personal feud with another co. Nothing to do with YZJ unless the authorities decide to dig deeper in Ren's all other business which I think unlikely.
(30-05-2014, 04:52 PM)Bibi Wrote: [ -> ] (30-05-2014, 04:49 PM)HoHo Wrote: [ -> ]More than meets the eye, this counter may gap down or get suspended anytime, not worth the risk.
This counter may gap up or down but I don't think it will get suspended. As mention by forumers, this is Ren personal feud with another co. Nothing to do with YZJ unless the authorities decide to dig deeper in Ren's all other business which I think unlikely.
Bro, you are too optimistic, why do you think authorities won't go after yzj? If yzj happen to have accounting irregularites, shouldn't the authorities dig deeper?
(30-05-2014, 04:58 PM)HoHo Wrote: [ -> ] (30-05-2014, 04:52 PM)Bibi Wrote: [ -> ] (30-05-2014, 04:49 PM)HoHo Wrote: [ -> ]More than meets the eye, this counter may gap down or get suspended anytime, not worth the risk.
This counter may gap up or down but I don't think it will get suspended. As mention by forumers, this is Ren personal feud with another co. Nothing to do with YZJ unless the authorities decide to dig deeper in Ren's all other business which I think unlikely.
Bro, you are too optimistic, why do you think authorities won't go after yzj? If yzj happen to have accounting irregularites, shouldn't the authorities dig deeper?
Becos its listed in SGX spore not China
. Why would they want to do SGX job
Well, I might be wrong, but I have chosen to believe to my work again. The MOS, company fundamentals, and my judgement on Mr. Ren.
With suitable diversification, and MOS installed, we shouldn't afraid of mistake i.e. the infamous "fear", IMO
As a fan of Peter Lynch, I has taken his words, "six out of ten is all it takes to produce an enviable record on Wall Street". I hope he meant it. So far I am still right more than six out of ten, so should be OK.
As usual YMMV.
(30-05-2014, 03:34 PM)DP28 Wrote: [ -> ]Dalian: Tianjin Guoheng Railway Holding, a listed railway company in China, made an announcement to the stock exchange that it has reported several illegal activities of the company’s largest shareholder, Ren Yuanlin to authorities.
Ren Yuanlin, who controls several companies including Singapore-listed Yangzijiang Shipbuilding, made an acquisition of 12.11% equity in Tianjin Guoheng in January this year through one of his controlling companies and became the largest shareholder of Tianjin Guoheng.
Tianjin Guoheng accused Ren Yuanlin of several illegal activities including insider trading, misrepresentation, infringement of the independent operation of a listed company, illegal access to shares of listed company, manipulation of stock price and interference in the truthful disclosure of regular report.
Currently authorities have suspended the stock trading of Tianjin Guoheng, and are investigating the case. [27/05/14]
Steep & fast..
Looks like a poison letter by management of Tianjin Guohengto get him out before Board meeting?
BTW I can't find this Tianjin Guoheng Rail on google... anyone do better?
(30-05-2014, 05:26 PM)specuvestor Wrote: [ -> ] (30-05-2014, 03:34 PM)DP28 Wrote: [ -> ]Dalian: Tianjin Guoheng Railway Holding, a listed railway company in China, made an announcement to the stock exchange that it has reported several illegal activities of the company’s largest shareholder, Ren Yuanlin to authorities.
Ren Yuanlin, who controls several companies including Singapore-listed Yangzijiang Shipbuilding, made an acquisition of 12.11% equity in Tianjin Guoheng in January this year through one of his controlling companies and became the largest shareholder of Tianjin Guoheng.
Tianjin Guoheng accused Ren Yuanlin of several illegal activities including insider trading, misrepresentation, infringement of the independent operation of a listed company, illegal access to shares of listed company, manipulation of stock price and interference in the truthful disclosure of regular report.
Currently authorities have suspended the stock trading of Tianjin Guoheng, and are investigating the case. [27/05/14]
Steep & fast..
Looks like a poison letter by management of Tianjin Guohengto get him out before Board meeting?
BTW I can't find this Tianjin Guoheng Rail on google... anyone do better?
You need to baidu it
http://www.guotiekonggu.com/jbfx.asp （5th or 6th announcement）
http://www.cninfo.com.cn/finalpage/2014-...069604.PDF (that announcement)