(12-05-2012, 11:11 PM)sgpunter Wrote: [ -> ]All negative? Nothing postive at all??
You can purchase theEdge magazine at any bookstore.
You should also take a look at d.o.g's discussion about Qingmei's "Incredibles".. it does seem a little too unbelievable about Qingmei's mgmt
(12-05-2012, 11:29 PM)peterlynch Wrote: [ -> ]Hi Some-one
i am with vickers too but i can't find any screening tool. please advise
It should be called Invest with clarity. On vicker's page, mouseover on the first link on the top right hand corner and go to match. Under match, you can create your own strategy to find the stock after filtering. You are only allowed up to 5 criterion.
I have a pure guess theory about S chips. I believe SGX is forcing many of the S Chips to report losses especially after the China Sky saga so that they can slowly wither away their cash position or they can be delisted in the future with continued poor performance. This may rescue SGX reputation in the long run.
Better avoid this stock. Go read this week edge. How can a director buy other ppl Co. prior listing and then in the midst of all the hala bular about buying these Co. with profit issue, the founder said that "these other ppl Co." were actually his own Co.???
All these S-chip (China Sky Chem, Bio sun, many more that has gone bust, including HK owned) depending on the guts of the director are all out commit fraud. The best case is Gaoxian, 1st round fraud, 2nd round raise out right fraud, yet when we read the papers they are very gentle/careful with words? All got no balls to offend the main land chinese!
Better avoid all S-Chip! Look at SGX, MAS and many of our local instituition that purport to be front to protect investor interest but actually share more interest at the top than concern for the grounds.
We judge not our leaders on their ability to show concern but by their action and the final consequence. They go to top school paid by the ppl taxes and the end result is that most SPorean incl. foreign instituition believing in our gov and private sector to do excellent surveillance work got cheated.
Let's not be foolish with our hard earn money and call a spade a spade n not try to argue with the market.
Just a reminder of how shrewd our dear TMSK is, when Biosun case didnt even appear on the screen as a possible fraud, TMSK overnight dump the stock faster than any1 start questioning why? I remember it because ST did a article of how great the CORN technology was thoroughly used to generate profit, and in the next couple of days TMSK unload the stock.
I think that speaks volume of how 1 agency action is like and another group in SGX/Law firm still wanting to list more chinese Co. With HK clamping down on any Co. that do NOT provide a thorough audit of IPO firms to be sued by sharehldrs, should we fellow SPorean read this a opportunity for Who's interest?
Sorry to talk this kind of things in a value forum, but just cannot help ppl still talking about value opportunity without knowing the risk how our eco-system in SPore Inc. has become.
I prefer to give money to our own local Spore SME than to let foreign Co. come here to do out right fraud. What value do they generate for our society or even our most treasured branding of Spore Gov. reputation! Yes, our SME after listing especially the manufacturing sector majority of it failed, at least the money stays in SPore circulating around.
You list a fraud case the money is gone, reputation in tatters and your ppl hate you for your short sighted stupidity!
Really pity Qingmei. Always kena singled out for attack when there are so many S Chips out there in similar positions. I'm still holding on to Qingmei and I'll just continue holding on since the price is already so ridiculously low. Not much more that I can lose. I'm waiting for the conference call with management to get some clarity.
What can SGX do to improve the S Chip situation? Almost a dozen of them suffer from ridiculous valuations, trading at steep discounts to cash/NAV. Can confidence ever be restored to this sector?
sgpunter Wrote:What can SGX do to improve the S Chip situation? Almost a dozen of them suffer from ridiculous valuations, trading at steep discounts to cash/NAV. Can confidence ever be restored to this sector?
There is plenty that can be done e.g. forensic audits, private investigators etc but it would be tantamount to admitting that Hsieh Fu Hua (SGX) and Choo Chee Kong (Westcomb) screwed up in letting the S-chips in. Given their connections this is unlikely to happen.
Unless... there is a big mess somehow and someone needs to be blamed (see: SMRT/Saw Phaik Hwa). In that case, no quarter will be given.
Note on SMRT: This isn't to say that Saw is innocent, but one should wonder why she is under fire from all quarters whereas LTA doesn't seem to be drawing much media attention, despite the train system clearly being a joint responsibility.
(13-05-2012, 06:37 PM)d.o.g. Wrote: [ -> ]Note on SMRT: This isn't to say that Saw is innocent, but one should wonder why she is under fire from all quarters whereas LTA doesn't seem to be drawing much media attention, despite the train system clearly being a joint responsibility.
my short answer is SMRT does profited in $ from train operation, while LTA does not. At least from perception of the public
The focus of the COI are on maintenance expense, training expense on personnel etc. All focus are to find out any corner been cut to gain more profit in $
Just my 2cts
Is it a matter of degree of morality? People over the fence think that it is normal or ethical to do all sorts of monkey businesses...?
Most S-chips will remain undervalued for a long time to come, without ever seeing the light at end of tunnel...
(13-05-2012, 10:32 AM)ValueBeliever Wrote: [ -> ]Better avoid this stock. Go read this week edge. How can a director buy other ppl Co. prior listing and then in the midst of all the hala bular about buying these Co. with profit issue, the founder said that "these other ppl Co." were actually his own Co.???
MOT/LTA are really responisble for letting their partner's SMRT run wild in this...
Previously, it was reckless bus driving..now it was reckless car driving ...
Why does SGX allow itself and local investors to be always taken for a ride ? is it all in the name of MONEY?
(14-05-2012, 08:50 AM)Underdogger Wrote: [ -> ]Is it a matter of degree of morality? People over the fence think that it is normal or ethical to do all sorts of monkey businesses...?
Most S-chips will remain undervalued for a long time to come, without ever seeing the light at end of tunnel...
(13-05-2012, 10:32 AM)ValueBeliever Wrote: [ -> ]Better avoid this stock. Go read this week edge. How can a director buy other ppl Co. prior listing and then in the midst of all the hala bular about buying these Co. with profit issue, the founder said that "these other ppl Co." were actually his own Co.???