New Toyo

Thread Rating:
  • 6 Vote(s) - 3.67 Average
  • 1
  • 2
  • 3
  • 4
  • 5
All these wayang parties will be like daylight robberies of minority shareholders. So where is the protection of minority shareholders?
(20-10-2012, 11:46 PM)Curiousparty Wrote: They MIGHT not distribute it....They MIGHT squander it away via some so-called "adding to shareholders' value" projects....



(20-10-2012, 11:36 PM)Louhan Wrote:
(20-10-2012, 09:24 PM)Curiousparty Wrote: those people who bought aggressively at the 29 cents and 29.5 cents must be banging their heads against the wall?
Don't know when New Toyo is distributing the dividends from Shanghai Asia! They should distribute it as soon as possible!
Reply
Why dont you try writing in to SGX, SIAS, MAS and MOF?

I dont think they will give a damn about it - the sad reality

(21-10-2012, 11:42 AM)Louhan Wrote: All these wayang parties will be like daylight robberies of minority shareholders. So where is the protection of minority shareholders?
(20-10-2012, 11:46 PM)Curiousparty Wrote: They MIGHT not distribute it....They MIGHT squander it away via some so-called "adding to shareholders' value" projects....



(20-10-2012, 11:36 PM)Louhan Wrote:
(20-10-2012, 09:24 PM)Curiousparty Wrote: those people who bought aggressively at the 29 cents and 29.5 cents must be banging their heads against the wall?
Don't know when New Toyo is distributing the dividends from Shanghai Asia! They should distribute it as soon as possible!
[I am not here to promote any stocks. Please always do your own research before embarking on any investment decision. I will not be liable for any of your own decisions. Your use of any information or materials is entirely at your own risk. It is your responsibility to ensure that any products, services or information meet your specific requirements. I do not produce material which meets the objectives of any specific financial and risk profile of investors.]
Reply
Yes, have to write to SGX, SIAS and MAS if New Toyo does not distribute the Shanghai Asia dividends to the shareholders.
(21-10-2012, 01:22 PM)Curiousparty Wrote: Why dont you try writing in to SGX, SIAS, MAS and MOF?

I dont think they will give a damn about it - the sad reality

(21-10-2012, 11:42 AM)Louhan Wrote: All these wayang parties will be like daylight robberies of minority shareholders. So where is the protection of minority shareholders?
(20-10-2012, 11:46 PM)Curiousparty Wrote: They MIGHT not distribute it....They MIGHT squander it away via some so-called "adding to shareholders' value" projects....



(20-10-2012, 11:36 PM)Louhan Wrote:
(20-10-2012, 09:24 PM)Curiousparty Wrote: those people who bought aggressively at the 29 cents and 29.5 cents must be banging their heads against the wall?
Don't know when New Toyo is distributing the dividends from Shanghai Asia! They should distribute it as soon as possible!
Reply
Can start writing....How many years have passed since SAH announced its asset sales? late 2010 or early 2011?

(21-10-2012, 05:29 PM)Louhan Wrote: Yes, have to write to SGX, SIAS and MAS if New Toyo does not distribute the Shanghai Asia dividends to the shareholders.
(21-10-2012, 01:22 PM)Curiousparty Wrote: Why dont you try writing in to SGX, SIAS, MAS and MOF?

I dont think they will give a damn about it - the sad reality

(21-10-2012, 11:42 AM)Louhan Wrote: All these wayang parties will be like daylight robberies of minority shareholders. So where is the protection of minority shareholders?
(20-10-2012, 11:46 PM)Curiousparty Wrote: They MIGHT not distribute it....They MIGHT squander it away via some so-called "adding to shareholders' value" projects....



(20-10-2012, 11:36 PM)Louhan Wrote: Don't know when New Toyo is distributing the dividends from Shanghai Asia! They should distribute it as soon as possible!
[I am not here to promote any stocks. Please always do your own research before embarking on any investment decision. I will not be liable for any of your own decisions. Your use of any information or materials is entirely at your own risk. It is your responsibility to ensure that any products, services or information meet your specific requirements. I do not produce material which meets the objectives of any specific financial and risk profile of investors.]
Reply
Only 1 miserable lot queuing to buy at 27.5 cents...haha
[I am not here to promote any stocks. Please always do your own research before embarking on any investment decision. I will not be liable for any of your own decisions. Your use of any information or materials is entirely at your own risk. It is your responsibility to ensure that any products, services or information meet your specific requirements. I do not produce material which meets the objectives of any specific financial and risk profile of investors.]
Reply
why are "those people" so eager to buy at 29 and 29.5 cents? we are talking about few thousands lots here.
Do these people have insider info?
MAS should investigate each buyer trading accounts during that day and the day before. Just generate the whole list of buyers and see if any of them is related to company directors , and prosecute them!

(20-10-2012, 09:24 PM)Curiousparty Wrote: those people who bought aggressively at the 29 cents and 29.5 cents must be banging their heads against the wall?
Reply
those people who were so eager to buy at on those 2 days probably knew something that we dont know... there was at least $1mil worth of shares transacted for a very illiquid counter...basically those buyers were frantically taking out the sellers on those days...very perplexing...

(25-10-2012, 12:34 PM)potatolover Wrote: why are "those people" so eager to buy at 29 and 29.5 cents? we are talking about few thousands lots here.
Do these people have insider info?
MAS should investigate each buyer trading accounts during that day and the day before. Just generate the whole list of buyers and see if any of them is related to company directors , and prosecute them!

(20-10-2012, 09:24 PM)Curiousparty Wrote: those people who bought aggressively at the 29 cents and 29.5 cents must be banging their heads against the wall?
[I am not here to promote any stocks. Please always do your own research before embarking on any investment decision. I will not be liable for any of your own decisions. Your use of any information or materials is entirely at your own risk. It is your responsibility to ensure that any products, services or information meet your specific requirements. I do not produce material which meets the objectives of any specific financial and risk profile of investors.]
Reply
Only 3 miserable lots buying at 26.5 cents ... Where are the hundreds of lots so eager to take out the sellers at 29 cents just 2 weeks ago ?
[I am not here to promote any stocks. Please always do your own research before embarking on any investment decision. I will not be liable for any of your own decisions. Your use of any information or materials is entirely at your own risk. It is your responsibility to ensure that any products, services or information meet your specific requirements. I do not produce material which meets the objectives of any specific financial and risk profile of investors.]
Reply
they are monitoring and likely they are reacting based on your post ....
Reply
(31-10-2012, 09:27 PM)chialc Wrote: they are monitoring and likely they are reacting based on your post ....

Yap, MAS should investigate those with insider info and prosecute them accordingly Smile

If I can force those insiders to dump based on this kind of fear , wow .....hahaha

The 2 days are 15 and 16 October 2012. Unusual volume . Hope someone can write in to urge MAS to investigate !
[I am not here to promote any stocks. Please always do your own research before embarking on any investment decision. I will not be liable for any of your own decisions. Your use of any information or materials is entirely at your own risk. It is your responsibility to ensure that any products, services or information meet your specific requirements. I do not produce material which meets the objectives of any specific financial and risk profile of investors.]
Reply


Forum Jump:


Users browsing this thread: 7 Guest(s)