| Latest Forum Topics / YuuZoo Networks |
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Yuuzoo Next Alibaba Fast -Grow E-commerce
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newpattern
Senior |
27-Apr-2017 21:16
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Chairman recently sold his 35 million shares and never even bother to buy back now ?? What,s Up ?   No show of confidence ?  
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didisiaosiao
Master |
27-Apr-2017 18:46
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This joker is roundround reincarnate lah.....
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didisiaosiao
Master |
27-Apr-2017 18:45
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Hello roundround!!!!!!
Still wan to take action???
Email to sgx n yuuzoo lah. From horlan
)))))
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MekMiRic
Member |
27-Apr-2017 16:57
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In a recruitment posting for a new Head of Payments, Yuuzoo claimed that their payment gateway handled SGD54Million last year. Does anyone have any views to the number? | ||||||
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destinykraze
Elite |
27-Apr-2017 16:09
Yells: "Reality is only a matter of perception" |
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The first person with a vested interest to be arrested would be hardtowin   if any. The only manipulation I see here is done by people like  hardtowin,  maybe these clones are all but the same person Posting Alibaba' s good news which has completely no relation to the stock Yuuzoo. This is what you classified as spreading fake news for share manipulation? Not us posting factual stuff like auditor issues, negative cash flow, questionable impairments, many disgruntled current/ex employees feedbacks and questionable follow ups on projects. All these information are widely available on the web, we didn' t cook up facts neither  did we post non-relevant  stuff like you do.
     
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jm2110
Member |
27-Apr-2017 14:37
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Hardtowin sure if it was FALSE then the regulator could easily take action - problem is it isn' t false. Given they aren' t taking action on the share sales by management with non-public information during a blackout period I don' t think you should be holding your breath wishing for them to ride in on a white horse to save the day.  |
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singapore_nomad
Member |
27-Apr-2017 14:34
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Everything that has been discussed is publicly available information. It is only if there is false accusations then there is a problem
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HardtoWin
Member |
27-Apr-2017 14:14
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if one is to read through the change in holdings, many Directors buy and sell their own company shares. For Yuuzoo, there are some ex employees or direcors with many clones here everyday trying to talk down this company shares. I am surprised no action has been taken by Yuuzoo or SGX. Can it be classified as spreading flase news for share maniuplation? |
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jm2110
Member |
27-Apr-2017 12:22
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So investerboy - are you Thomas or Sebastian? And no you aren' t allowed to sell when you are privy to non public information and when notification of   the AGM was overdue and you were yet to apply for an extension TZ certainly breeched this restriction.      |
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investorboy
Member |
27-Apr-2017 12:13
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so  a chairman, who is an investor in the company and not the founder, should never be allowed to sell any shares?  that makes no sense. the sgx gives very few windows for board directors to sell. they specifically cannot sell when they have price-sensitive  information that others do not have. if  a chairman lost faith in the company he would  sell all of his shares, not a small portion. |
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GuavaXF30
Elite |
27-Apr-2017 12:10
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In all fairness, 35 million is a very small portion of his total holding. If he was exiting, wouldn' t it make sense to sell off more than this ? By causing a panic with this sale, he stands to lose very much more.
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edwinjup
Supreme |
27-Apr-2017 12:09
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the new auditors might kpkb their rev & profit and demand to write off all those dream figures....maybe | ||||||
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singapore_nomad
Member |
27-Apr-2017 11:59
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Firstly the timing of chairman seeking shares "35million" is suspicious. He would be privvy to information. The market is mostly about perception... Surely he would knows this especially at such a sensitive time in the companies life.
The fact there are people leaving means that there Is an issue somewhere. Just my 2 cents
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investorboy
Member |
27-Apr-2017 11:46
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i don' t understand those who  complain about the performance of the company and at the same time complain about the fact that many people have been sacked. if my football team does poorly i expect the the manager to sack the players who do not measure up and replace them with better players. that is exactly what yuuzoo has been doing, all the way up to the ceo who was let go end of last year.  if the chairman is not doing a good job he should be replaced too. having said that he also is the largest owner through his investment company, and as far as i know until very recently had not sold a single share since the  listing. the founder of yuuzoo left the ship already well before the listing.  the fact that  the chairman  now sold a small portion does not have to mean he lost faith in the company, maybe he needs the money for some of his other companies.   he still owns more shares in yuuzoo than the next 10-20 shareholders combined. |
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troxxy
Senior |
27-Apr-2017 11:04
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me too.. i thought their business was right. i follow through and didn' t expect that i had to cut loss recently and loss an amount of 6k.. this coy i think is gg already.
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Mark86
Member |
27-Apr-2017 10:41
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I used to invest in this counter as I like its idea of virtual shopping mall with many targeted social networks and gamified e-commerce. I am of the view if they can make this whole idea take off and attract lots of active users, it would have large network effects and competitive moat. I ever posted on its Yuuinvestor network and give suggestions (from a user' s point of view) on how their sites can be more sticky in order to attract new and retain existing users. Some comments I gave were how they can introduce mini games that were relevant to the targetted networks (or tribal networks as they now call it) and assign weekly rankings, use points (from games or commerce bought) to customize avatars, wallpapers, virtual gifts, emoticons, etc...   All in all, ideas were on how they can bridge the gap between their targetted networks and e-commerce. However, none of these were done. Instead of focusing on their orginal business idea of social and gamifed e-commerce, they venture into many other funny deals which none make sense to me in what they are exactly trying to accomplish. It' s like they have lose sense of their direction and they want a shot in everything to see what will take off. They just can' t properly work on their orignal idea of social and gamified-commerce.  They can' t even work and execute the basics properly, and then they want to fly and do lots more other stuff. Simple things like profiles, posts and comments on wall, they cannot even implement properly. I am not blaming their IT staff as I am sure they have the comptency to build these. It seems to me this is more of management' s not knowing what they want to do. The Yuuzoo site is boring as there is nothing much I can do as a user there. Why on earth would i even want to post or " shop" there. They actually promised a lot of things but none were executed properly. What on earth happened to yuuzoo.cn, the nigera lottery, video live streaming and all their other so called ventures. No more news and sound. I have since stop loss (fundamentally) in 2015 at price of 0.18, losing about 10k. This experience makes me learn that whatever network effects and competitive moat, better to wait till the company really deliver before even speculating that this company will indeed deliver (and then comes these network effects and moat). My worst investment ever. I hope Yuuzoo will somehow still make it, only maybe then I will take a second look again. |
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destinykraze
Elite |
27-Apr-2017 10:24
Yells: "Reality is only a matter of perception" |
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Pretty clear cut to me. The underlying problems proves something already. Current and past employees mention management issues, no clear direction.  No one really knows what they are doing in the company. Current and past employees mentioned that the coy is more interested in share price than operation. Negative cash flow. Impairments without proper explanation
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GuavaXF30
Elite |
27-Apr-2017 10:12
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Thomas Zilliacus could either be the next Mark Zukerburg or the next Bernie Maddof. Yuuzoo could be the next Twitter if it is not a total fraud. Only time can tell. But at this price, it does present an entry point that requires fairly low capital. If they manage to report positve cashflow the next reporting time, this counter can shoot up pretty fast. But before we think about that, let' s look at the business strategy here. I do not think the business model is set up to generate real cash. At least not immediately. What it does is generate and grow database. And like many internet based companies, cash generation comes secondary. Look at Facebook and Instagram. For years, no cash. But now worth mega-billions. All due to the database of users they have on hand now. I think this is Zilliacus gameplan. Having said all this, if you are a short term player, stay out. this is big game play. |
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destinykraze
Elite |
27-Apr-2017 10:03
Yells: "Reality is only a matter of perception" |
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Please don' t entertain trolls, they only have 1 post.
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Stanton
Veteran |
27-Apr-2017 09:58
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So if the co do not generate cash after 3 years what do you do? Already so many directors and cfo left the co. Shouldn't it be time to change the chairman?
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