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Should be ?No Eye See?
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pkli899
Supreme |
18-May-2020 17:00
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The founders were honest hawkers with humble background. Given that they passed away few years back, they shouldn' t be liable for current messed up. Actually, they stopped managing the company long before IPO. Their grandson (eldest daughter' s son) took over and listed it. Go blame the right person.
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gregtan123
Supreme |
18-May-2020 16:48
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the founders and company is a " scam" . i wont even give them anbother cent of my money bro. I envisiion they will go below 0.01 soon
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Starship
Supreme |
18-May-2020 16:43
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Trader1987
Veteran |
18-May-2020 15:56
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Having said this, best time to buy is when market has zero interest in a counter. The price is less than 10% of IPO price.
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gregtan123
Supreme |
18-May-2020 13:56
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sell commission lei but yes thankful i just throw down the drain haha
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Trader1987
Veteran |
18-May-2020 13:38
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Okay la, $560 to $40 --> you only lose $500. I know people who lose 5 digits on this counter.
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shk363
Elite |
16-May-2020 14:48
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the ipo bank is it same one as the eagle trust? | ||||
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gregtan123
Supreme |
16-May-2020 13:43
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Fully Agree. Tbh I have 2000 shares from IPO. I consider 560 SGD down the drain, forgot to sell less time. Now beyond worthless. SGX is a joke. Allow No Signboard to be listed. they should pay us back IPO price.
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Shifu8888
Supreme |
16-May-2020 13:40
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Jail the Ah Beng Boss. He needs to be put behind bars. | ||||
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Joelton
Supreme |
16-May-2020 11:58
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No Signboard Q2 losses widen to S$2.4 millionFRI, MAY 15, 2020 - 11:39 PMCATALIST-LISTED food and beverage group No Signboard Holdings saw losses balloon in the second quarter, which it blamed in part on the impact of the coronavirus pandemic. Net loss swelled to S$2.4 million for the three months to March 31, from S$337,500 in the year before, as revenue fell by 39.1 per cent year on year, to S$4.1 million. Both the top and bottom lines have taken hits from a decline in customers since February, No Signboard told investors, as ever-tighter travel curbs depressed tourist arrivals. The group said its key priority is &ldquo to preserve cash to support working capital requirements&rdquo until the coronavirus situation improves. Still, it expects the local food and beverage operating environment to stay challenging in the next 12 months, which will be seen in this year&rsquo s results. Loss per share widened to 0.52 Singapore cent, from 0.07 Singapore cent prior, while net asset value was 2.82 Singapore cents a share, against 3.66 Singapore cents as at Sept 30, 2019. For the six months, No Signboard clocked a loss of S$3.6 million, against S$911,200 previously. Revenue slid by 18.4 per cent to S$10.1 million in the same period, which was also due to the two-month closure of a seafood restaurant outlet at Esplanade for major renovation works. No dividend was recommended, unchanged from the year before, given the losses. https://www.businesstimes.com.sg/companies-markets/no-signboard-q2-losses-widen-to-s24-million |
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Joelton
Supreme |
30-Apr-2020 10:23
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SGX RegCo to review No Signboard report for possible listing breachesWED, APR 29, 2020 - 7:31 PMTHE Singapore Exchange Regulation (SGX RegCo) will be reviewing an independent report on No Signboard Holdings&rsquo accounting principles for possible breaches of listing rules by the Catalist-listed company. In a filing on Wednesday, SGX RegCo referred to the finding of independent reviewer Nexia TS that No Signboard had not complied with Financial Reporting Standards (FRS). In particular, No Signboard should have continued using merger accounting principles to prepare its financial statements for Q1 FY2018 ended December 2017, Q2 FY2018 and Q3 FY2018. Nexia further noted that if the company had decided to adopt a different accounting principle, it should have applied the change in accounting principle retrospectively to comply with the FRS. No Signboard had instead adopted a different accounting principle - actual group accounting principles - to prepare its financial statements for the relevant quarters without applying the same to its previous corresponding financial quarters. The financial statements prepared for the relevant quarters were therefore not in compliance with the FRS, SGX RegCo noted. This also resulted in non-comparability of the financial statements and &ldquo double-counting&rdquo in two consecutive financial periods due to a restructuring exercise in conjunction with its IPO.
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Joelton
Supreme |
02-Apr-2020 09:35
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No Signboard shuts Clarke Quay restaurant for at least a month to ' control costs'WED, APR 01, 2020 - 8:50 AMIN a bid to " control costs and improve operational efficiency" , No Signboard has temporarily shuttered its seafood restaurant at The Central mall in Clarke Quay. The outlet will be closed for at least one month from April, the Catalist-listed group announced in a bourse filing on Tuesday night. " The operating environment in the local food and beverage (F& B) industry is expected to remain challenging in the next 12 months" , given the uncertain economic outlook amid the global coronavirus outbreak and travel restrictions which have dampened consumer demand, it said. As disclosed on Feb 14, the group expects the Covid-19 pandemic to have a negative impact on tourist and consumer spending from the second quarter of FY2020. No Signboard operates a chain of restaurants under different F& B brands and concepts, such as No Signboard Seafood, Little Sheep Hot Pot and Mom' s Touch Korean Chicken & Burger, as well as its beer business which distributes beer brand Draft Denmark in Singapore. https://www.businesstimes.com.sg/companies-markets/no-signboard-shuts-clarke-quay-restaurant-for-at-least-a-month-to-control-costs |
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destinykraze
Elite |
19-Oct-2019 17:33
Yells: "Reality is only a matter of perception" |
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People that follows blindly would end up like this guy.
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destinykraze
Elite |
19-Oct-2019 17:31
Yells: "Reality is only a matter of perception" |
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Pretty obvious cash grab when they launch IPO left out the biggest and most profitable outlet. Only gullible or lazy people brought this without doing homework or just stupid. Learn from stupid mistakes and move on. |
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shk363
Elite |
01-Aug-2019 21:48
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thia ipo really out to scam chilli crab lovers | ||||
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Shifu8888
Supreme |
01-Aug-2019 20:47
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Agree to certain extent. Probably Sgx should consider having a minimum market Cap of say $10m for all companies (Catalist inc) for at least 1 year. In other words, any company falling below $10m cap and stay under $10m for 1 year will be delisted. All net cash will need to be distributed to shareholders. This will force many monkey companies to perform instead of directors milking the company cash dry. They are using the listed company as their own ATM.
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Wind22i
Supreme |
01-Aug-2019 19:36
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I think in future ..before ipo.. must defined that if company dont make money..then the mgmt have to pay back the losses and take no pay..and if found they declare high bonus or pay when making losses can be jail up to 3 years...
Else u will see.many more clown company |
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Starship
Supreme |
01-Aug-2019 19:18
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Sgvale
Supreme |
01-Aug-2019 19:16
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Since its listing, keeps losing money. Keeping sucking money from investors while still of use | ||||
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Wind22i
Supreme |
01-Aug-2019 19:13
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Sinki porean now all eat at food court..
Full house at the food court.. As economy not good ... There is nothing wrong with the crab.. Crab cant run away... but money can run away ..if its crap mgmt.. |
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