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It seen very likely another huge impairment as results no out yet and it is likely to be liquidated like hyflux by creditors.
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If you see the balance sheet, the speed of cash built up for this business is damn horrible, and now the tuas plant is expanding the capacity, maybe someone should visit there to see how their production line work to see whether figures is true or fake.
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another hyflux ? after raising lot of money then say bye bye to all its investor ?
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it is high chance break 3 , last Q results is remarkable. really printing cash business.
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Pray hard fall below 1 so got chance to buy in
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Now become worstworld liao
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cant compare with Noble, BW is debt free company and the worst case also would not go to bankrupt. The company is still running business and generating decent profits.
warrenbuffet2018 ( Date: 25-Feb-2019 10:17) Posted:
My advise again after Noble Group.
this stock will be hit badly, the facts already put on table.
You can choose not to see, pretend not to see, but the facts is already there.
RUN BEFORE DROP TO BELOW $0.10
bicycle ( Date: 25-Feb-2019 09:58) Posted:
there are several links in valuebuddies that seems to indicate that the china franchisee are running the biz as MLM, which is illegal as they dont have the license. Now we dont know for sure but from BW' s response, they seem to try to distant themselves from the franchisee' s biz model by claiming BW is operating legally and ethically.
Question is if franchisees are really operating as MLM (which might explain the phenomenal growth in early stage of MLM), will there be crackdown or can the franchisees keep up the growth since they pay cash for the stock.
I' m guessing BT might have caught wind of the rumours in China about the operation of the franchisees, thus the articles. |
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Last time the sharply rose due to those foreign broker bought in now they quit the game, likely drop below S$1.50 . The game is over.
positivity88 ( Date: 25-Feb-2019 09:35) Posted:
| seller morgan stanley credit suisse.. buyer all local house. thats what i got for 2.50 to 2.55 range. |
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This share should not classify as S chip as the boss are singaporean , their HQ is in SG . The company is debt free and cash rich, if really deep drop is a good chance to accumulate.
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TODAY WILL TURN TO SUSPENSE IF STILL NO NEWS .
Luckystrike ( Date: 21-Feb-2019 09:15) Posted:
| So long today make announcement to lift halting tomorrow then tomorrow it will not be suspended. Don't worry as it would not help to improve the situation of the stock. |
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most likely tmr will resume trading , i guess this one purposely for catching those shortist . or another possible outcome is applied to SGX for suspension till its results release in this month so investor can have clearer pictures .
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some company may purposely do this to catch those shortist without shares, at least got 1k penalty from sgx . So if really want short counter better use CFD to do that or too risky .
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Hopefully drop below 2 so new game can be started
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BlackRock had sold so much the share but price still drop a little bit and forex , material all is positive to YZJ .I guess the trade war will end soon from recent months china aggresively buying US goods and products. It is very likely market will be rebound from soon.
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This counter now is in net cash position and Rmb drop quite substantially in last quarter, results expect to be good .
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fast rising , but sgx never queries such kind of movement.
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PRICE ROCKET AGAIN !!
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This stock is not penny stock like those &ldquo gold &ldquo counter , it&rsquo s fundamental is very good , any price below 1.50 is a must buy deal .
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just bought back 10 lots see who is seller, also angmo, sgx really turn the exchange as big casino and those ang moh take this place as ATM machine.
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dumping started
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