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Fung Choi Media Group
03-09-2014, 03:50 PM.
Post: #21
RE: Fung Choi Media Group
(03-09-2014, 03:09 PM)propertyinvestor Wrote: Is F&N wrong? Are they going to lose their entire investment in Fung Choi?
NO offence.

Since you ask in this manner, anything is possible in life. i.e. including the impossibles. The truth can be stranger than fiction. And quite often it is. Then the truth becomes a legend. This where we have professional story tellers.
i ask the same Q. Can "The I C" or "Too Much Sick" ever be wrong?
Ha! Ha!
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WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.

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03-09-2014, 05:07 PM.
Post: #22
RE: Fung Choi Media Group
Im surprised there is no query on the sudden drop in the share price from SGX

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03-09-2014, 06:37 PM.
Post: #23
RE: Fung Choi Media Group
significant drop in share price with volume.....probably insiders offloading. maybe some announcements soon
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03-09-2014, 06:59 PM.
Post: #24
RE: Fung Choi Media Group
Hello, volume didnt exceed 4million, that is not really significant "Insider selling" if you consider the top 3 shareholder owns more than 23million each

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03-09-2014, 10:58 PM.
Post: #25
RE: Fung Choi Media Group
RESPONSE TO QUERY FROM THE STRAITS TIMES ON THE COMPANY'S STAKE IN FUNG CHOI MEDIA GROUP LIMITED

Quote:In response to a query from The Straits Times on this matter, Fraser and Neave, Limited wishes to announce as follows:

"F&N regularly reviews options for all our businesses as part of our on-going effort to improve shareholder value. With regard to our stake in Fung Choi, the Group currently has no plans to divest its 29.5% stake."

Anthony Cheong Fook Seng
Company Secretary

3 September 2014

Shareholder value already destroyed gradually over the past few months, if not, years. How long will it take to just recover its cost of investment? Enhance what value? F&N will be lucky just to recover majority of their investments.

While we tend to focus on the negatives, what could go right for Fung Choi that warrants a comeback? How could Mr. Market be so wrong - this time? If I am rich enough, I would just privatise the entire company and sell by parts and make a decent profit even!

NAV $0.459 | P/E 2.72 | Cash Per Share $0.071 | Share Price $0.063

Is the entire business worth for nothing?

source: http://infopub.sgx.com/Apps?A=COW_CorpAn...Acp7bySx-I

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04-09-2014, 03:58 AM.
Post: #26
RE: Fung Choi Media Group
Hello kelvesy, may i ask if the $0.071 is cash net of liabilities?

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04-09-2014, 07:54 AM.
Post: #27
RE: Fung Choi Media Group
Who can "guarantee" NAV $0.459 is solid? Forget about the cash if someone can "guarantee" that. There must be a reason why at one time , a market's darling has become a "touch-me-not". i was mesmerized by this darling at that time. Who wasn't then? Fortunate for him.
=========== Signature ===========
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.

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04-09-2014, 08:05 AM.
Post: #28
RE: Fung Choi Media Group
Ha! Ha!
It's "kacheem puteh" investment to F & N. i wish i can say the same. i think i can. Anyway that's is investing. Even the greatest WB loses sometimes.

Quote:Quote:In response to a query from The Straits Times on this matter, Fraser and Neave, Limited wishes to announce as follows:

"F&N regularly reviews options for all our businesses as part of our on-going effort to improve shareholder value. With regard to our stake in Fung Choi, the Group currently has no plans to divest its 29.5% stake."

Anthony Cheong Fook Seng
Company Secretary

3 September 2014
=========== Signature ===========
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.

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04-09-2014, 09:07 AM.
Post: #29
RE: Fung Choi Media Group
Trading halt called by Fung choi this morning.....hmmmm

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04-09-2014, 12:43 PM. (This post was last modified: 04-09-2014, 12:43 PM by specuvestor.)
Post: #30
RE: Fung Choi Media Group
VB so powerful... Big Grin
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Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward

Think Asset-Business-Structure (ABS)

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