| Latest Forum Topics / YuuZoo Networks |
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Yuuzoo Next Alibaba Fast -Grow E-commerce
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NextEvolution
Elite |
27-Feb-2017 10:00
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After the Noble sell down affecting whole market & Yuuzoo to drop a few pips last Friday, time for engine to hot up this week as result should be announced after trading hour today. Good luck & enjoy :) | ||||
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Stanton
Veteran |
26-Feb-2017 20:48
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No share lending available leh, if have i sure short.
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Maller
Elite |
26-Feb-2017 20:32
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U shorting yuuzoo? Those are old news
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Stanton
Veteran |
26-Feb-2017 19:27
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Coincidentally independent director and CFO run road together, just before full year results. Interesting to see if any spectacular news next week.
Just realised that independent director that run road graduated with a business degree from Harvard and is Chairman of Entrepreneur committee of Harvard Singapore Club. Intelligent man also run road. Hmmmmm |
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destinykraze
Elite |
26-Feb-2017 14:01
Yells: "Reality is only a matter of perception" |
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Many important  employees leaving, shows a lot. Only a matter of time before the inevitable. News no longer excites investors, a lot of dubious claims, no real results nor tangible cash earnings to back it up.
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yingtai
Member |
25-Feb-2017 22:37
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Lol maybe alibaba picture stupid to let them handle their project. | ||||
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Maller
Elite |
25-Feb-2017 22:23
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Shortists? | ||||
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Stanton
Veteran |
25-Feb-2017 15:53
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I wonder how much the franchisees pay them? Ask yourself if you have all the connections and domestic knowledge to build a e-com biz, do you need to buy their platform? What value can this franchisor bring when they themselves don't have a proven and successful business, just concepts. Couldn't you outsource to some IT firm to develop for you? Wouldn't you pay to represent big and established names. How is this untried and untested model going to compete with Tao Bao, Tencent, Amazon, Facebook etc. Imagine them going against the giants in China for e-com biz. What a joke.
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yingtai
Member |
25-Feb-2017 15:11
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The next news in line should be 'kidnap' movie released. | ||||
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danger
Supreme |
25-Feb-2017 15:08
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Sounds like company is finished... Cannot touch | ||||
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Alvin2042
Master |
25-Feb-2017 15:06
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At least noble don't have such personnel changes. Change of auditors n CFO are most concerned.
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Lurker251
Senior |
25-Feb-2017 14:35
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Finally some smart people coming to this thread.
Another point to note, their stock exchange annoucement are not transparent. Always boast about mega deals and figures that are irrelevant trying to mislead. How many billions customers, how many trillion market. There are no futher followup on their annoucement after the initial boast. Remember they said last year they are trying to sell some of their AFS investment to prove that it is marked to market at fairvalue? No update? i suspect this new auditor wont sign off their accounts also. This franchise for equity model is just to dogey. What good company will issue equity jus to use someones elses internet platform. These company cant be worth that much right? Must be some nee start up at africa countries that got no cash. So how can their afs be valued at over 100mios. |
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Stanton
Veteran |
25-Feb-2017 12:57
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I happened to read this report on Nobel and something very similar here. I quote a paragraph from the Iceberg Research report on Nobel.
"A few managers who had an instrumental role in this fiasco have left the ship: for example, former CEO Yusuf Alireza or former CFO Robert van der Zalm who vanished suddenly. However, management has not really changed at Noble. In particular, founder Richard Elman, remains chairman. Due to his role and knowledge of the company, there is no doubt that he was the key person behind Noble?s accounting decisions. Not a single time since the beginning of the controversy, Mr Elman has publicly offered any detailed explanation on Noble?s accounting. Instead, he quoted Churchill and offered ?blood, tears, sweat? to his shareholders who were not feeling particularly well already. What he did not offer was to share their ?sacrifice? by suspending salaries to senior managers and himself." Click this link to the Iceberg Research report on Nobel: https://iceberg-research.com/2017/02/24/noble-group-how-many-times-can-you-fool-the-same-people/ |
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destinykraze
Elite |
25-Feb-2017 12:50
Yells: "Reality is only a matter of perception" |
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Previous auditor have already flagged this counter.
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Stanton
Veteran |
25-Feb-2017 12:23
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Red flags all over, 3 auditors in 2.5years. 5 CFOs shortest 1.25 months, longest 13 months. 5 IDs quit. Usually ID make easy money, yet they can't wait to leave. First time i see this in my many years of investing.
As a long term investor, i put money only when i see stablization, positive operating cashflow and a clean audit report. I would not even risk puntting. Learnt my lessons puntting SChips and losing lots of money.
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Alvin2042
Master |
25-Feb-2017 12:01
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Agree that something is amiss with so many CFO changes. Either mgt enforce their acc std on the CFO or some other more serious implications.
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Stanton
Veteran |
25-Feb-2017 11:51
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Yes, it does not matter at all if the company can turnaround. But these are tell tale sign that it can't and something is definetely amiss. Why join and leave in couple of months, also cannot be kenna sack in just couple of months. If it's true then something wrong with the leadership. Why don't shareholders change the leader?
If you have time check sgx announcement and see their credentials. They are very exerienced people with strong background. Why don't stay to make millions from their options if the believe the business will work. Would you go work for them?
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brandnew
Senior |
25-Feb-2017 10:09
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tks your great work, with these informations, I can only say the company is working towards its retirement......dyodd
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luckyfa
Elite |
25-Feb-2017 08:42
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Wow, good work but if and when the company turnaround in a good way, does it matters? Look at some other company with higher turn over rate, doing ok still!!!!! Ur concern maybe over do.
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edwinjup
Supreme |
25-Feb-2017 08:10
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last time..price normally chiong b4 result...and sold down the next day after result .....this round quite quiet....so maybe result soso or people dont believe non cash result liao.....think can avoid...try avoid...lol
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