Back

Latest Forum Topics / China Star Food

Post Reply

CHINA STAR FOOD : RICH UNDERVALUED GEM Post Reply Rate topic
WL123456 Supreme	03-Apr-2019 01:51        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	How can you trust a company that tells you they have no more money to pay legal fees . Those who bought into this company has Too much money to burnt lol. Good luck . Mr_Anonymous      ( Date: 02-Apr-2019 20:21) Posted: so cash rich but doesn't pay dividends and issue rights to pay legal fees. statement always advance payment to supplier turnover rate for independent directors so high so many red flags
Useful To Me  Not Useful To Me
nqing87 Supreme	02-Apr-2019 20:42        nqing87 About Contact  Quote this Post!
x 0   x 0  Alert Admin	yup this is also another company with many red flags like sino G.. too many flags to catch le.. sgx too busy
Useful To Me  Not Useful To Me
Mr_Anonymous Member	02-Apr-2019 20:21        Mr_Anonymous About Contact  Quote this Post!
x 0   x 0  Alert Admin	so cash rich but doesn't pay dividends and issue rights to pay legal fees. statement always advance payment to supplier turnover rate for independent directors so high so many red flags
Useful To Me  Not Useful To Me
lukewong82 Master	02-Apr-2019 16:45        lukewong82 About Contact  Quote this Post!
x 0   x 0  Alert Admin	bro, admire ur courage for vesting in s-chip.. Cheers..   jeffyong      ( Date: 02-Apr-2019 16:06) Posted: yes, I know. It opens at 42cts in 2016 and then traded all lthe way down to 2.3cts despite reporting eps of 1cts for interim. Expect eps to be 2cts. Now doing abt 4cts. So trade to 10cts w/o any problem. Mkt cap is just $12mio at price 4cts> Total outstanding shares are abt 290mio. Don' t let opportunity slip by.    lukewong82      ( Date: 02-Apr-2019 15:03) Posted: friend, china star food is s-chip
Useful To Me  Not Useful To Me
WL123456 Supreme	02-Apr-2019 16:26        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	This company don?t even have money to pay legal fees in Singapore . You think can buy ? They can?t even afford to pay Singapore Lawyers so what you think ? jeffyong      ( Date: 02-Apr-2019 14:07) Posted: China Star Food is rising higher every day. Don' t miss out on this run. With an impending right issue already confirmed, the shares did not fall. So it just prove that pple are realising that it is ridiculously undervalued.  Got for a punt to 10 cts and upwards. My 2 cts worth.
Useful To Me  Not Useful To Me
jeffyong Member	02-Apr-2019 16:06        jeffyong About Contact  Quote this Post!
x 0   x 0  Alert Admin	yes, I know. It opens at 42cts in 2016 and then traded all lthe way down to 2.3cts despite reporting eps of 1cts for interim. Expect eps to be 2cts. Now doing abt 4cts. So trade to 10cts w/o any problem. Mkt cap is just $12mio at price 4cts> Total outstanding shares are abt 290mio. Don' t let opportunity slip by.    lukewong82      ( Date: 02-Apr-2019 15:03) Posted: friend, china star food is s-chip? jeffyong      ( Date: 02-Apr-2019 14:07) Posted: China Star Food is rising higher every day. Don' t miss out on this run. With an impending right issue already confirmed, the shares did not fall. So it just prove that pple are realising that it is ridiculously undervalued.  Got for a punt to 10 cts and upwards. My 2 cts worth.
Useful To Me  Not Useful To Me
lukewong82 Master	02-Apr-2019 15:03        lukewong82 About Contact  Quote this Post!
x 0   x 0  Alert Admin	friend, china star food is s-chip? jeffyong      ( Date: 02-Apr-2019 14:07) Posted: China Star Food is rising higher every day. Don' t miss out on this run. With an impending right issue already confirmed, the shares did not fall. So it just prove that pple are realising that it is ridiculously undervalued.  Got for a punt to 10 cts and upwards. My 2 cts worth.
Useful To Me  Not Useful To Me
jeffyong Member	02-Apr-2019 14:07        jeffyong About Contact  Quote this Post!
x 0   x 0  Alert Admin	China Star Food is rising higher every day. Don' t miss out on this run. With an impending right issue already confirmed, the shares did not fall. So it just prove that pple are realising that it is ridiculously undervalued.  Got for a punt to 10 cts and upwards. My 2 cts worth.
Useful To Me  Not Useful To Me
lukewong82 Master	15-Feb-2019 17:35        lukewong82 About Contact  Quote this Post!
x 0   x 0  Alert Admin	haha.. reminds me of Midas and many other s-chip.. same thing happens.. usually before suspension, there  will always  be some good news + euphoria and share price rise with  some ppl suddenly appearing  and saying things like  " dun sell... buy now... company is doing well etc.." and all the innocent small shareholders all chiong in   to buy after  reading all the  " encouraging" posting  expecting the share price to rocket even more... Then suddenly  came 1-2 days before suspension, suddenly all the profit taking creeped in (must be those who has bought dirt cheap  earlier and successful managed to lured in innocent investors with all those " cheerful optimistic" remarks) followed by the news of suspension.   jeffyong      ( Date: 15-Feb-2019 17:08) Posted: Those who bought btw 2.3 to 2.5cts before results, congrat. Sitting on handsome profit. No need to sell. Just wait for the ride. Company is doing well with very very good cash flow. I think the 1.5cts right issue is probably aborted. If they want to raise fund, they should increase the right isssue price as  now the price closed today at 3.6cts. A 2.5cts right issue will make more sense. A low right issue price gives the wrong impression that company is short of cash.  jeffyong      ( Date: 14-Feb-2019 22:19) Posted: 3rd Qtr results is out today. Looks good. No mention of 1.5cts rights issue. Not sure if it is aborted. But earnings is very good. 3 qtrs earning was S$0.022. That is PE of 1 or less than 1 when 4th qtr is available in 3 months time.
Useful To Me  Not Useful To Me
jeffyong Member	15-Feb-2019 17:08        jeffyong About Contact  Quote this Post!
x 0   x 0  Alert Admin	Those who bought btw 2.3 to 2.5cts before results, congrat. Sitting on handsome profit. No need to sell. Just wait for the ride. Company is doing well with very very good cash flow. I think the 1.5cts right issue is probably aborted. If they want to raise fund, they should increase the right isssue price as  now the price closed today at 3.6cts. A 2.5cts right issue will make more sense. A low right issue price gives the wrong impression that company is short of cash.  jeffyong      ( Date: 14-Feb-2019 22:19) Posted: 3rd Qtr results is out today. Looks good. No mention of 1.5cts rights issue. Not sure if it is aborted. But earnings is very good. 3 qtrs earning was S$0.022. That is PE of 1 or less than 1 when 4th qtr is available in 3 months time.
Useful To Me  Not Useful To Me
tcshares Senior	15-Feb-2019 10:06        tcshares About Contact  Quote this Post!
x 0   x 0  Alert Admin	what happened?
Useful To Me  Not Useful To Me
Starship Supreme	14-Feb-2019 22:39        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	Beware of all thread titles that use the word "Gem". Lol lukewong82      ( Date: 14-Feb-2019 22:33) Posted: Err... keyword...CHINA , my hats off to u if u are vested. jeffyong      ( Date: 14-Feb-2019 22:19) Posted: 3rd Qtr results is out today. Looks good. No mention of 1.5cts rights issue. Not sure if it is aborted. But earnings is very good. 3 qtrs earning was S$0.022. That is PE of 1 or less than 1 when 4th qtr is available in 3 months time.
Useful To Me  Not Useful To Me
lukewong82 Master	14-Feb-2019 22:33        lukewong82 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Err... keyword...CHINA , my hats off to u if u are vested. jeffyong      ( Date: 14-Feb-2019 22:19) Posted: 3rd Qtr results is out today. Looks good. No mention of 1.5cts rights issue. Not sure if it is aborted. But earnings is very good. 3 qtrs earning was S$0.022. That is PE of 1 or less than 1 when 4th qtr is available in 3 months time.
Useful To Me  Not Useful To Me
jeffyong Member	14-Feb-2019 22:19        jeffyong About Contact  Quote this Post!
x 0   x 0  Alert Admin	3rd Qtr results is out today. Looks good. No mention of 1.5cts rights issue. Not sure if it is aborted. But earnings is very good. 3 qtrs earning was S$0.022. That is PE of 1 or less than 1 when 4th qtr is available in 3 months time.
Useful To Me  Not Useful To Me
calvinlooi Senior	15-Jan-2019 16:28        calvinlooi About Contact  Quote this Post!
x 0   x 0  Alert Admin	Can lai mah? Those who ahorted this counter no need cover de meh?
Useful To Me  Not Useful To Me
calvinlooi Senior	20-Dec-2018 19:20        calvinlooi About Contact  Quote this Post!
x 0   x 0  Alert Admin	Collected some, and to fulfil the 1 for 1 right issue, wait 2 years for price recovery. Earn until cry.
Useful To Me  Not Useful To Me
Berani Elite	14-Dec-2018 10:40        Berani About Contact  Quote this Post!
x 0   x 0  Alert Admin	means SSH is rich person la..... at least protect the stock price NextEvolution      ( Date: 14-Dec-2018 10:13) Posted: Price stable because the SSH Directors just loaded up over 10 million shares. If not price would have gone towards 2 liao Berani      ( Date: 14-Dec-2018 10:06) Posted: price stable lia
Useful To Me  Not Useful To Me
NextEvolution Elite	14-Dec-2018 10:13        NextEvolution About Contact  Quote this Post!
x 0   x 0  Alert Admin	Price stable because the SSH Directors just loaded up over 10 million shares. If not price would have gone towards 2 liao Berani      ( Date: 14-Dec-2018 10:06) Posted: price stable liao Berani      ( Date: 11-Dec-2018 20:25) Posted: Alot of ppl miss out this part...   While Fujian Zixin has existing internal cash resources, the Board understands that the local authorities in China would not look favourably on an arrangement where dividends declared by Fujian Zixin are subsequently utilised to satisfy the Unpaid Share Capital. This would be akin to depleting existing monies already in the account of Fujian Zixin and using such monies to satisfy the Unpaid Share Capital instead of injecting fresh capital into Fujian Zixin.
Useful To Me  Not Useful To Me
Berani Elite	14-Dec-2018 10:06        Berani About Contact  Quote this Post!
x 0   x 0  Alert Admin	price stable liao Berani      ( Date: 11-Dec-2018 20:25) Posted: Alot of ppl miss out this part...   While Fujian Zixin has existing internal cash resources, the Board understands that the local authorities in China would not look favourably on an arrangement where dividends declared by Fujian Zixin are subsequently utilised to satisfy the Unpaid Share Capital. This would be akin to depleting existing monies already in the account of Fujian Zixin and using such monies to satisfy the Unpaid Share Capital instead of injecting fresh capital into Fujian Zixin.
Useful To Me  Not Useful To Me
Berani Elite	11-Dec-2018 20:25        Berani About Contact  Quote this Post!
x 0   x 0  Alert Admin	Alot of ppl miss out this part...   While Fujian Zixin has existing internal cash resources, the Board understands that the local authorities in China would not look favourably on an arrangement where dividends declared by Fujian Zixin are subsequently utilised to satisfy the Unpaid Share Capital. This would be akin to depleting existing monies already in the account of Fujian Zixin and using such monies to satisfy the Unpaid Share Capital instead of injecting fresh capital into Fujian Zixin.
Useful To Me  Not Useful To Me

                                                         First   < Newer   1041-1060 of 1246   Older>   Last