| Latest Forum Topics / Shen Yao Last:0.002 -- |
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Shen Yao (Miracle Medicine?): New Beginning!
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Jajabing
Veteran |
05-Oct-2021 16:56
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Insider selling. Good luck | ||||
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colincheong
Senior |
05-Oct-2021 16:56
Yells: "Huat Ah...." |
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Gone case liao   |
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Andrew123
Master |
05-Oct-2021 16:55
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sudden sell down | ||||
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tankoksee
Supreme |
05-Oct-2021 16:55
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Jajabing
Veteran |
05-Oct-2021 16:54
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There u go 2 3. This stock is gone even after so much hoo ha, and salesmanship promotion | ||||
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Lightyear
Veteran |
05-Oct-2021 15:39
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Very low volume.. so selling stopped. Wait for reversal ) | ||||
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black_white
Master |
05-Oct-2021 13:04
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Real estate analytics = REA
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happyharvest
Elite |
05-Oct-2021 01:57
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what is rea ah ?
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greenface
Member |
04-Oct-2021 22:45
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Better not to hope much, it is either no news or bad news, still waiting for its fy result and safety issue outcome to clear. | ||||
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Jajabing
Veteran |
04-Oct-2021 11:39
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It's still boiling.. short term gg | ||||
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black_white
Master |
04-Oct-2021 11:25
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Despite my positivity at the stock' s future, I must say I am utterly disappointed with its recent performance with minimal updates from the major shareholder despite their determination in turning around the company.    It is also amazing how SGX queries when the price goes up fast or when large volume transactions take place with some upside, but never the opposite. |
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akasa888
Veteran |
02-Oct-2021 16:32
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To me, this is neither good or bad
 
There are pro and cons
 
The company is paying $8.8 millions for a 20% stake by issuing 3.5 billion shares. If this goes through, Dr JMP will be a major shareholder.
It is good to have a reputable investor as the 2nd major shareholder. The cons side is that the shares will be further diluted by an additional 3.5 billion shares
 
SY must have its reason for wanting to acquire a 20% stake. The obvious reason is that it will be able to help them in real estate investment and if REA is commercialised, there is profit to be shared.
 
REA is co-founded by Jia Jia with JMP, as such she is in the know of how useful it will be and SY is willing to pay $8.8 million for a 20% stake.
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surgiooo
Member |
02-Oct-2021 10:57
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better this way so no need to worry about  Evergrade related crisis. | ||||
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Jajabing
Veteran |
01-Oct-2021 21:44
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Definately!!
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Jajabing
Veteran |
01-Oct-2021 21:43
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Make a huge lost when I dump all at 6, rebought again at 4 and more, hope Monday have good news liao | ||||
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Andrew123
Master |
01-Oct-2021 20:09
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Could be the reason why the financial report was delayed
Positive news indeed
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black_white
Master |
01-Oct-2021 19:57
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Unable to reach a valuation agreement and hence a lapse in purchase is better than purchasing without proper valuation, then writing it off later. If investors are really concerned with how the new management wants to create value and turn the company around, then this is good news rather than bad news. I do not want to invest in a company whose management anyhow inflates the value of its subsidiaries or not do due diligence in its finances, etc (i.e. not honest).  It is stated clearly that the lapse in purchase is due to the valuation and nothing to do with cashflow of Shen Yao. So obviously, for those who worry on the long term prospects of SY, I would like to ask - Would you rather SY continue to pay millions when this valuation is not done properly? Would you buy something when you are not sure of its market price? Do you want to overpay for any products? |
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Thi654321ABCDEF
Master |
01-Oct-2021 19:57
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yes , to me possitive news
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Andrew123
Master |
01-Oct-2021 19:55
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Very good that the rea did not go thru. Yes!
🚀 🚀 🚀
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Thi654321ABCDEF
Master |
01-Oct-2021 19:54
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now this time they look good and profitable company , may look crypto , who knows.
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