David Webb - "Avoid most of the crooks, most of the time."

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(28-08-2021, 12:44 AM)dreamybear Wrote: Unlike HKEX, there does not seem to be any timeline for SGX suspended stocks(article below). If the average retail investor places a material amt of net worth in SGX stocks which happen to be suspended(not referring to going concern/fraud issues), it may impact the investor significantly. 

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https://www.businesstimes.com.sg/stocks/...hree-years
"The SGX appears relatively more forgiving of such troubled companies. The Hong Kong Stock Exchange, for example, gives suspended companies up to 18 months to sort out their issues, on pain of a delisting...."

I am not sure how many companies are suspended for issues not related to going concern or fraud but if you have a material amount of net worth in those companies, you better hope the companies are well-governed. That's probably why Webb looks at companies the way he does.
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RE: David Webb - "Avoid most of the crooks, most of the time." - by r0n - 28-08-2021, 10:36 AM

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