logo transparent gif
top_white_spacer
Home Latest Stock Forum Topics MyCorner - Personal Stocks Porfolio Stock Lists Investor Insights Investor Research & Links Dynamic Stock Charting FREE Registration About Us top spacer top spacer
 User Password Auto-Login
Enter Stock
 
righttip
branding

Back
First   < Newer   1481-1500 of 4318   Older>   Last  
Latest Forum Topics / Shen Yao    Last:0.002 --  Post Reply
SingPost

SujantoHenry
Member
26-Sep-2021 16:01     
 
SujantoHenry About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		In fact, all the bad news/rumours have already been factored into the current price(.004). Shen Yao should be trading horizontally or even move north next week. 
 Useful To Me  Not Useful To Me
black_white
Master
25-Sep-2021 18:50     
 
black_white About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Ya precisely. I think some were concerned about the tunnel collapse and negative spotlight on media for SY' s subsidiary. But I think it is really a knee jerk reaction. So many companies also experiece accidents at workplace, but it doesn' t affect share price significantly unless operations are stopped for sustained period of time

happyharvest      ( Date: 25-Sep-2021 15:50) Posted:

what bad news are you all talking about?
 Useful To Me  Not Useful To Me


happyharvest
Elite
25-Sep-2021 15:50     
 
happyharvest About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		what bad news are you all talking about?
 Useful To Me  Not Useful To Me
TheMatrix
Elite
25-Sep-2021 11:52     
 
TheMatrix About Contact  Quote this Post!  
  x 1
  x 0

 Alert Admin 		China for past few years occupied the highest ranking in gold production. I dont think it is difficult to get an able replacement from China for the ang mo manager for mining operation. But I hope Shen Yao this time can really register a good profit to reward share holders.

akasa888      ( Date: 25-Sep-2021 10:55) Posted:

The trouble started when SY fired the ang moh GM who had been with Lion Gold for many years and replace him 
 
with a Chinaman. This GM is highly paid, in the range of the current CEO' s pay
 
This created a lot of unhappiness and I will not be surprised that the collapse is man-made because for underground mining, 
 
  explosives are used to blast the rock material.  The explosives used have to be carefully calculated, any excess can easily cause a collapse.
 
Hopefully, they can find some gold in the 600 tonnes of rock material that collapsed into the tunnel.
 
My view is that SY will be able to overcome this setback, they can easily find someone  with the experience and qualification to run the mine
 
In the worst case scenario, they can sell the mine
 
Please also note that SY paid millions of dollars in royalty fees to the state of Victoria every year. 
 
For every ounce of gold dug out from the ground,  the royalty fee is 2.75%.
 
Where to get such easy money and who doesn' t want  to have  it.
 
The real estate is a side issue, not so important. SY did the right thing by removing Mr. Gu

My personal view is that this incident is just a small set-back and SY will come back stronger.

Note : Mining incident is very common, it happens quite frequently 

 

 Useful To Me  Not Useful To Me
akasa888
Veteran
25-Sep-2021 10:55     
 
akasa888 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		The trouble started when SY fired the ang moh GM who had been with Lion Gold for many years and replace him 
 
with a Chinaman. This GM is highly paid, in the range of the current CEO' s pay
 
This created a lot of unhappiness and I will not be surprised that the collapse is man-made because for underground mining, 
 
  explosives are used to blast the rock material.  The explosives used have to be carefully calculated, any excess can easily cause a collapse.
 
Hopefully, they can find some gold in the 600 tonnes of rock material that collapsed into the tunnel.
 
My view is that SY will be able to overcome this setback, they can easily find someone  with the experience and qualification to run the mine
 
In the worst case scenario, they can sell the mine
 
Please also note that SY paid millions of dollars in royalty fees to the state of Victoria every year. 
 
For every ounce of gold dug out from the ground,  the royalty fee is 2.75%.
 
Where to get such easy money and who doesn' t want  to have  it.
 
The real estate is a side issue, not so important. SY did the right thing by removing Mr. Gu

My personal view is that this incident is just a small set-back and SY will come back stronger.

Note : Mining incident is very common, it happens quite frequently 

 
 Useful To Me  Not Useful To Me


black_white
Master
25-Sep-2021 01:43     
 
black_white About Contact  Quote this Post!  
  x 1
  x 0

 Alert Admin 		If one is to understand the real estate market in Australia, you would also know that real estate has climbed 20% on average from 2020 to 2021. And Chinese has been a pain for the country for the past decade as they are mainly the ones buying up properties in Australia, pushing up prices. I am not surprised that there seems to be much scrutiny on China Chinese as a result, especially in the property sector and business arena. Just that I didn' t expect to see it affect SY and the gold mine to such an extent. 

If this one small accident can shake the confidence of any shareholder here, I would really suggest the individual to relook at his risk profile because such risks of accidents takes place every so often (albeit preventable) just like incidents in construction and manufacturing. Cases in point:

https://www.argusmedia.com/en/news/2251190-oz-minerals-halts-australia-copper-mine-after-fatality

https://www.abc.net.au/news/2021-06-10/mt-monger-mining-death/100204242

In the 2nd article above, Silverlake' s share price has continued to perform even after the accident, and pending charges against the company. I am not saying that this incident to SY can be just dismissed easily. But I am saying, the kiasi mentality of Singaporeans (and SGX mainly) has been somewhat factored in already, resulting the price we see today. Time will tell, but I do believe things will get better since no death was involved and operations could continue. It is definitely not easy to manage mines, and oversee numerous businesses simultaneously. 

Atom99      ( Date: 25-Sep-2021 00:45) Posted:

Report from AFR:

Ballarat mine breaches took the slow boat to Singapore

Peter KerSep 24, 2021 &ndash 2.22pm


The Singaporean owner of the  troubled Ballarat Gold Mine  says it did not learn the mine had contravened Victorian workplace safety laws until 13 days after its Australian management were notified and five days after  details of the breaches were published  in  The Australian Financial Review.

The time taken for Shen Yao Holdings directors to learn of WorkSafe Victoria&rsquo s intervention at the company&rsquo s major revenue generating asset was revealed in Shen Yao&rsquo s response to a market disclosure probe by the Singapore stock exchange.

That probe means Shen Yao is now the focus of regulatory attention in multiple jurisdictions, with WorkSafe and Victoria&rsquo s Earth Resources Regulation department running separate processes, while a NSW regulator may have further complicated matters for Shen Yao.

The NSW Department of Fair Trading told the  Financial Review  it had disqualified a real estate company linked to a director of Shen Yao&rsquo s Australian companies, Yuansheng Gu, after finding the real estate company had not met legislated standards.

Mr Gu was the founding director and shareholder of &ldquo The Success Property Group&rdquo in 2009, which provided advice and buyers agent services to foreign investors wanting to buy Australian real estate.

A spokeswoman for NSW Fair Trading said the company had failed to meet financial audit standards for the year ending June 2020, and had therefore been disqualified from working in the real estate industry as of September 1 and fined $11,000.


&ldquo The corporate licence holder failed to have a trust account audit carried out as required by section 111(1) of the Property and Stock Agents Act 2002 and they were penalised as a result,&rdquo she said.

An August filing to the Australian Securities and Investments Commission (ASIC) said Mr Gu ceased to be a director of The Success Property Group on December 31, suggesting he was a director of the company for the period relevant to the disciplinary action handed out by NSW Fair Trading.

ASIC records suggest Mr Gu remains a shareholder in the real estate business.

The disqualification was levelled against the company and not against Mr Gu personally Mr Gu remains a licenced real estate agent in NSW.

Over the past three months, Mr Gu was appointed as a director and secretary of Shen Yao&rsquo s Australian registered subsidiaries that own the Ballarat mine Balmaine Gold and Golden Point Group.

The timing of the NSW disqualification is inconvenient for Shen Yao, which in August became the subject of a &ldquo fit and proper&rdquo assessment by the Victorian government in relation to its ownership of the Ballarat mine.

Approached on Thursday about Mr Gu&rsquo s connection to The Success Property Group, Ballarat Mine general manager Henry Wang told the  Financial Review  he did not expect the matter would cause the company to fail the &ldquo fit and proper&rdquo test that Victorian regulators have underway.

Approximately seven hours later Golden Point Group lodged documents with ASIC that ceased Mr Gu&rsquo s directorship of Golden Point Group and another Australian subsidiary called Ironbark Mining.

Mr Gu&rsquo s directorship of Balmaine Gold was ended on Friday, according to a separate ASIC filing.

Golden Point Group, Ironbark Mining and Balmaine Gold did not publicly explain why Mr Gu&rsquo s directorships ended.

The end of Mr Gu&rsquo s directorships comes after WorkSafe found on September 2 that Shen Yao&rsquo s Australian subsidiaries had appointed a mine manager at Ballarat who did not hold &ldquo formal qualifications in mine engineering&rdquo .

The mine owners were given until October 15 to fix that breach and another relating to insufficient safety plans, which WorkSafe found had increased the risk of injuries and fatalities in the underground mine.

Shen Yao disclosed the WorkSafe improvement notices to the Singapore Exchange 18 days after they were issued by WorkSafe, 10 days after they were revealed in the  Financial Review  and five days after Shen Yao said its board members were informed.

&ldquo The Notices were issued and received on September 2, 2021 but was brought to the attention of the Board on September 15, 2021,&rdquo said Shen Yao in a market filing on Thursday.

&ldquo Operations at the Ballarat Gold Mine are ongoing and have not been adversely affected by the contraventions.&rdquo

The Singapore Exchange also asked Shen Yao to explain why it had not made market disclosures after a tunnel in the underground mine collapsed in March.

The tunnel collapse only became publicly known as a result of reports by the Australian Broadcasting Corporation&rsquo s (ABC) Ballarat bureau.

&ldquo Operations were not affected because of the incident as the collapse involved only a small section of the mine. It was also not expected to have a material impact on the financial position of the Group. As such no announcement was made in relation to the incident,&rdquo said Shen Yao in response to the Singapore Exchange&rsquo s enquiries.

Shen Yao conceded that staff turnover at the mine had been significant this year.

&ldquo Staff attrition rate has increased mainly due to a series of organisational and operational restructuring exercises implemented in respect of the group&rsquo s mining operations,&rdquo said Shen Yao in the market filing.

&ldquo This resulted in several unfair dismissal allegations and claims being initiated. The amount of the claims were assessed to be immaterial and operations at the mine were not affected.&rdquo

Shen Yao has asked Singaporean market regulators for extra time to file its accounts for the year to June 30 as it works on a number of accounting matters with its new auditor, EY.

The last financial information published by Shen Yao was for the three months to March 31 a period that saw profits fall 89 per cent below the same period of 2020.

The next set of Shen Yao accounts will be closely watched by Victorian regulators, particularly with regard to whether the Australian subsidiaries that own the mine continue to lend money to their Singaporean parent.

The Australian companies that own the Ballarat mine have made loans to their Singaporean parent in each of the past eight consecutive years, despite declaring as far back as 2014 that  the Singaporean parent was a doubtful debtor.

According to the last set of accounts filed with ASIC, the vast majority of the loans have not been repaid to the Australian companies that own the Ballarat mine.

black_white      ( Date: 24-Sep-2021 15:18) Posted:

If one can believe in the company, stay convicted, ride through the tough times with this company as it embarks on a rebranding process, one will be rewarded in the longer term. What he is doing, may have short term negative impacts, but it sets the required foundation for long term growth. A lot of uncertainties is without doubt, given the global environment and local laws and policies, but at least from what I have observed, SY is translating their words into actions on the ground.
 Useful To Me  Not Useful To Me
black_white
Master
25-Sep-2021 01:31     
 
black_white About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		If you ask me, I think there is a lot of prejudice against this company because many of them in the management are China Chinese background. Australia and China are engaged in a tic-for-tac politics, affecting businesses and even individuals.

The loan annually in the past has never been a serious issue until more recently. Let me put it bluntly, in Asian culture, your parents spend lots of money to bring you up. When you are grown, it is your decision whether to give your mum and dad an allowance every month. But such a culture may not be the case for Australia - And it affects the way they do their business also. Honestly, I do not know of a subsidiary to a public listed company in Singapore that does not do what Shen Yao does. When a subsidiary loses money, the parent company will pump more money in. So of course when subsidiary makes money, doesn' t that money technically belong to the parent company? Maybe there are some jurisdictions to how the money should be used regardless. But one thing I know for sure, whatever that is happening to SY in terms of " borrowing" money from Golden Point Group / Castlemania, I don' t see that as a case because end of the day, there is only one final accounting report submitted to SGX - That is SY' s report, and that will consist of results from Golden Point Group / Castlemania. So this " borrowing" is " inevitable" as it has to be accounted as part of the group' s overall financial statement. 
 Useful To Me  Not Useful To Me
Atom99
Master
25-Sep-2021 00:45     
 
Atom99 About Contact  Quote this Post! Style: Fundamental   Mood: cool
Yells: "Once you hv eliminated the impossible,whatever remains TRUTH"
  x 0
  x 0

 Alert Admin 		Report from AFR:

Ballarat mine breaches took the slow boat to Singapore

Peter KerSep 24, 2021 &ndash 2.22pm


The Singaporean owner of the  troubled Ballarat Gold Mine  says it did not learn the mine had contravened Victorian workplace safety laws until 13 days after its Australian management were notified and five days after  details of the breaches were published  in  The Australian Financial Review.

The time taken for Shen Yao Holdings directors to learn of WorkSafe Victoria&rsquo s intervention at the company&rsquo s major revenue generating asset was revealed in Shen Yao&rsquo s response to a market disclosure probe by the Singapore stock exchange.

That probe means Shen Yao is now the focus of regulatory attention in multiple jurisdictions, with WorkSafe and Victoria&rsquo s Earth Resources Regulation department running separate processes, while a NSW regulator may have further complicated matters for Shen Yao.

The NSW Department of Fair Trading told the  Financial Review  it had disqualified a real estate company linked to a director of Shen Yao&rsquo s Australian companies, Yuansheng Gu, after finding the real estate company had not met legislated standards.

Mr Gu was the founding director and shareholder of &ldquo The Success Property Group&rdquo in 2009, which provided advice and buyers agent services to foreign investors wanting to buy Australian real estate.

A spokeswoman for NSW Fair Trading said the company had failed to meet financial audit standards for the year ending June 2020, and had therefore been disqualified from working in the real estate industry as of September 1 and fined $11,000.


&ldquo The corporate licence holder failed to have a trust account audit carried out as required by section 111(1) of the Property and Stock Agents Act 2002 and they were penalised as a result,&rdquo she said.

An August filing to the Australian Securities and Investments Commission (ASIC) said Mr Gu ceased to be a director of The Success Property Group on December 31, suggesting he was a director of the company for the period relevant to the disciplinary action handed out by NSW Fair Trading.

ASIC records suggest Mr Gu remains a shareholder in the real estate business.

The disqualification was levelled against the company and not against Mr Gu personally Mr Gu remains a licenced real estate agent in NSW.

Over the past three months, Mr Gu was appointed as a director and secretary of Shen Yao&rsquo s Australian registered subsidiaries that own the Ballarat mine Balmaine Gold and Golden Point Group.

The timing of the NSW disqualification is inconvenient for Shen Yao, which in August became the subject of a &ldquo fit and proper&rdquo assessment by the Victorian government in relation to its ownership of the Ballarat mine.

Approached on Thursday about Mr Gu&rsquo s connection to The Success Property Group, Ballarat Mine general manager Henry Wang told the  Financial Review  he did not expect the matter would cause the company to fail the &ldquo fit and proper&rdquo test that Victorian regulators have underway.

Approximately seven hours later Golden Point Group lodged documents with ASIC that ceased Mr Gu&rsquo s directorship of Golden Point Group and another Australian subsidiary called Ironbark Mining.

Mr Gu&rsquo s directorship of Balmaine Gold was ended on Friday, according to a separate ASIC filing.

Golden Point Group, Ironbark Mining and Balmaine Gold did not publicly explain why Mr Gu&rsquo s directorships ended.

The end of Mr Gu&rsquo s directorships comes after WorkSafe found on September 2 that Shen Yao&rsquo s Australian subsidiaries had appointed a mine manager at Ballarat who did not hold &ldquo formal qualifications in mine engineering&rdquo .

The mine owners were given until October 15 to fix that breach and another relating to insufficient safety plans, which WorkSafe found had increased the risk of injuries and fatalities in the underground mine.

Shen Yao disclosed the WorkSafe improvement notices to the Singapore Exchange 18 days after they were issued by WorkSafe, 10 days after they were revealed in the  Financial Review  and five days after Shen Yao said its board members were informed.

&ldquo The Notices were issued and received on September 2, 2021 but was brought to the attention of the Board on September 15, 2021,&rdquo said Shen Yao in a market filing on Thursday.

&ldquo Operations at the Ballarat Gold Mine are ongoing and have not been adversely affected by the contraventions.&rdquo

The Singapore Exchange also asked Shen Yao to explain why it had not made market disclosures after a tunnel in the underground mine collapsed in March.

The tunnel collapse only became publicly known as a result of reports by the Australian Broadcasting Corporation&rsquo s (ABC) Ballarat bureau.

&ldquo Operations were not affected because of the incident as the collapse involved only a small section of the mine. It was also not expected to have a material impact on the financial position of the Group. As such no announcement was made in relation to the incident,&rdquo said Shen Yao in response to the Singapore Exchange&rsquo s enquiries.

Shen Yao conceded that staff turnover at the mine had been significant this year.

&ldquo Staff attrition rate has increased mainly due to a series of organisational and operational restructuring exercises implemented in respect of the group&rsquo s mining operations,&rdquo said Shen Yao in the market filing.

&ldquo This resulted in several unfair dismissal allegations and claims being initiated. The amount of the claims were assessed to be immaterial and operations at the mine were not affected.&rdquo

Shen Yao has asked Singaporean market regulators for extra time to file its accounts for the year to June 30 as it works on a number of accounting matters with its new auditor, EY.

The last financial information published by Shen Yao was for the three months to March 31 a period that saw profits fall 89 per cent below the same period of 2020.

The next set of Shen Yao accounts will be closely watched by Victorian regulators, particularly with regard to whether the Australian subsidiaries that own the mine continue to lend money to their Singaporean parent.

The Australian companies that own the Ballarat mine have made loans to their Singaporean parent in each of the past eight consecutive years, despite declaring as far back as 2014 that  the Singaporean parent was a doubtful debtor.

According to the last set of accounts filed with ASIC, the vast majority of the loans have not been repaid to the Australian companies that own the Ballarat mine.

black_white      ( Date: 24-Sep-2021 15:18) Posted:

If one can believe in the company, stay convicted, ride through the tough times with this company as it embarks on a rebranding process, one will be rewarded in the longer term. What he is doing, may have short term negative impacts, but it sets the required foundation for long term growth. A lot of uncertainties is without doubt, given the global environment and local laws and policies, but at least from what I have observed, SY is translating their words into actions on the ground.
 Useful To Me  Not Useful To Me


black_white
Master
24-Sep-2021 15:18     
 
black_white About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		If one can believe in the company, stay convicted, ride through the tough times with this company as it embarks on a rebranding process, one will be rewarded in the longer term. What he is doing, may have short term negative impacts, but it sets the required foundation for long term growth. A lot of uncertainties is without doubt, given the global environment and local laws and policies, but at least from what I have observed, SY is translating their words into actions on the ground.
 Useful To Me  Not Useful To Me
black_white
Master
24-Sep-2021 15:01     
 
black_white About Contact  Quote this Post!  
  x 1
  x 0

 Alert Admin 		I have been doing more research. To put blame solely on the management and owner of the mine for the slew of problems is really passing comments fleetingly. Why I say so? A more in-depth study shows that gold royalty payment to state government starts this year, and with that, the company needs to find cost savings elsewhere. In part, this could come from salaries of individuals. Thus resulting in unhappiness amongst the workforce, who may not be willing to do more driling and exploration (which is what SY is doing) while being paid the same or lesser. But doing my research this whole morning till now, one thing I am confident is that there is proactive action from SY' s subsidiary in gold mining. SY Chairman is indeed a man of action many may not agree, but he is definitely proactive in achieving what he set out to do - To turn SY more profitable.
 Useful To Me  Not Useful To Me
surgiooo
Member
24-Sep-2021 12:31     
 
surgiooo About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		By rules, the Company is required to hold its AGM by 31 October 2021

the Company will release the FY2021 Results Announcement by 28 October 2021.

from previous annoucement, the Company will endeavour to release the FY2021 Results Announcement as soon as possible before 28 October 2021

The Company and EY are in the process of finalising the valuation of a key operating subsidiary for the purpose of impairment assessment and the 2 parties intend to appoint a separate valuer for this purpose. The Company (SY) expects to appoint a separate valuer within the next 2 weeks, (this was dated from 27th Aug), so by now they should have completed this impairment assessment. now just waiting for the report. not sure how come that will take. anyone can guess.
 

properganda89      ( Date: 24-Sep-2021 12:11) Posted:

Roughly when is the next announcement?

jeffkwan      ( Date: 24-Sep-2021 12:02) Posted:

Your guess is as good as mine. Just don' t pani
 Useful To Me  Not Useful To Me
black_white
Master
24-Sep-2021 12:11     
 
black_white About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Then on the actual day of result release, reversal happens

black_white      ( Date: 24-Sep-2021 12:03) Posted:

Look at Vicplas and Aspen. Both behaved exactly like that... Exceptionally good news out on that day, stock rose T-2 to T-4 days before hand. Bad news waiting to be released, opposite happens. 

black_white      ( Date: 24-Sep-2021 12:02) Posted:

Based on chart, reversal. 

Based on yesterday bad news, bottomed out.

Where it is going? I don' t know for sure, but what I think? Up. Why? Based on those two above. I am not insider. So unless it goes down further, then there might be more bad news that we never get first hand. If it goes up, it could be because of the 2 reasons above, or that there are good news coming that we never get first hand
 Useful To Me  Not Useful To Me


properganda89
Senior
24-Sep-2021 12:11     
 
properganda89 About Contact  Quote this Post! Style: Flexible   Mood: yawn
  x 0
  x 0

 Alert Admin 		Roughly when is the next announcement?

jeffkwan      ( Date: 24-Sep-2021 12:02) Posted:

Your guess is as good as mine. Just don' t panic

ThankYou      ( Date: 24-Sep-2021 00:35) Posted:

It could be 2 cents after the announcement or maybe 0.2 cent after announcement. Buy at 0.4 cent you will lose 4K at the most. But the upside potential will be relatively infinite. If I have 100k Cash now I will buy another 25M shares. This is the cheapest and most promising share to jump in price! See you at 2 cents!
 Useful To Me  Not Useful To Me
black_white
Master
24-Sep-2021 12:03     
 
black_white About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Look at Vicplas and Aspen. Both behaved exactly like that... Exceptionally good news out on that day, stock rose T-2 to T-4 days before hand. Bad news waiting to be released, opposite happens. 

black_white      ( Date: 24-Sep-2021 12:02) Posted:

Based on chart, reversal. 

Based on yesterday bad news, bottomed out.

Where it is going? I don' t know for sure, but what I think? Up. Why? Based on those two above. I am not insider. So unless it goes down further, then there might be more bad news that we never get first hand. If it goes up, it could be because of the 2 reasons above, or that there are good news coming that we never get first hand.

Lightyear      ( Date: 24-Sep-2021 11:55) Posted:

So based on what you posted. Us Shen Yao going up or down ? U suggesting that there is bad news coming ? Thanks
 Useful To Me  Not Useful To Me
jeffkwan
Member
24-Sep-2021 12:02     
 
jeffkwan About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Your guess is as good as mine. Just don' t panic

ThankYou      ( Date: 24-Sep-2021 00:35) Posted:

It could be 2 cents after the announcement or maybe 0.2 cent after announcement. Buy at 0.4 cent you will lose 4K at the most. But the upside potential will be relatively infinite. If I have 100k Cash now I will buy another 25M shares. This is the cheapest and most promising share to jump in price! See you at 2 cents!
 Useful To Me  Not Useful To Me
black_white
Master
24-Sep-2021 12:02     
 
black_white About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Based on chart, reversal. 

Based on yesterday bad news, bottomed out.

Where it is going? I don' t know for sure, but what I think? Up. Why? Based on those two above. I am not insider. So unless it goes down further, then there might be more bad news that we never get first hand. If it goes up, it could be because of the 2 reasons above, or that there are good news coming that we never get first hand.

Lightyear      ( Date: 24-Sep-2021 11:55) Posted:

So based on what you posted. Us Shen Yao going up or down ? U suggesting that there is bad news coming ? Thanks

black_white      ( Date: 24-Sep-2021 11:47) Posted:

Today' s Shen Yao really illustrate the common phrase: Sell on good news, buy on bad news...

Why? Insiders (with huge capital) would have gotten to the bad news before us. 


 Useful To Me  Not Useful To Me
jeffkwan
Member
24-Sep-2021 11:59     
 
jeffkwan About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Specu-vestors are those that speculate and when the price drop, they buy more to average and accumulate or hold till the price recovers. Thus,  they become investors. They do not panic. 
 Useful To Me  Not Useful To Me
Lightyear
Veteran
24-Sep-2021 11:55     
 
Lightyear About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		So based on what you posted. Us Shen Yao going up or down ? U suggesting that there is bad news coming ? Thanks

black_white      ( Date: 24-Sep-2021 11:47) Posted:

Today' s Shen Yao really illustrate the common phrase: Sell on good news, buy on bad news...

Why? Insiders (with huge capital) would have gotten to the bad news before us. 

 Useful To Me  Not Useful To Me
black_white
Master
24-Sep-2021 11:47     
 
black_white About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Today' s Shen Yao really illustrate the common phrase: Sell on good news, buy on bad news...

Why? Insiders (with huge capital) would have gotten to the bad news before us. 
 Useful To Me  Not Useful To Me
ThankYou
Supreme
24-Sep-2021 00:35     
 
ThankYou About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		It could be 2 cents after the announcement or maybe 0.2 cent after announcement. Buy at 0.4 cent you will lose 4K at the most. But the upside potential will be relatively infinite. If I have 100k Cash now I will buy another 25M shares. This is the cheapest and most promising share to jump in price! See you at 2 cents!
 Useful To Me  Not Useful To Me
                                                         First   < Newer   1481-1500 of 4318   Older>   Last  



ShareJunction Version: 27 Nov 2020 ver- All Rights Reserved. Copyright ShareJunction Pte. Ltd. Disclaimer: All prices from are delayed. ShareJunction does not provide you with any financial advice. We are not into the business of providing any investment advice. See our Terms and Conditions and Privacy Policy of using this website. Data is delayed for varying periods of time depending on the exchange, but for at least 15 minutes. Copyright © SIX Financial Information Ltd. and its licensors. All Rights reserved. Further distribution and use by third parties prohibited. SIX Financial Information and its licensors make no warranty for information displayed and accept no liability for data and prices. SIX Financial Information reserves the right to adapt and/or alter this website at any time without prior notice.

Web design by FoundationFlux. Hosted with Signetique Cloud.