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YZJ Shipbldg SGD
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Cruising with the ship ..Yangzijiang
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weslim
Member |
01-Jun-2014 22:30
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Come to think of it, YZJ has got better dividents compared to it' s counterparts.   Maybe good to hold for long-term investments. |
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matrixxx
Senior |
01-Jun-2014 22:25
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i believe 12 cents drop on Friday is not enough. There should be more to come since getting $$$ out from YZJ and putting $$$ in NOL would be a safer bet because NOL has very strong backing, is not a S chip and doesn' t have scandals like this.
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hlfoo2010
Master |
01-Jun-2014 22:24
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Goat Riding a Guy Riding a Bike--- RUNning  for life ??? or ending his life at the market ????https://sg.news.yahoo.com/video/goat-riding-guy-riding-bike-140805351.html |
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mindfocus
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01-Jun-2014 22:17
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I believe character is lost for chairman ren
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Blanchard
Master |
01-Jun-2014 22:11
Yells: "Winners cry..... Losers smile....." |
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&ldquo As fire when thrown into water is cooled down and put out, so also a false accusation when brought against a man of the purest and holiest character, boils over and is at once dissipated, and vanishes and threats of heaven and sea, himself standing unmoved.&rdquoMarcus Tullius CiceroOR, |
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mindfocus
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01-Jun-2014 22:10
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Bro, this tianjin guoheng allegation against chairman ren is too serious, the impending investigation by China authorities also take much time, same tot he legal suit. This is a totally different scenario from Hankore. There is no court case, no infringement of listing rules in Hankore. If Chairman Ren were to step down from yzj, another guy won' t poosibly do as well. These are but some of the implications, more wrongdoings may be exposed. |
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Blanchard
Master |
01-Jun-2014 22:09
Yells: "Winners cry..... Losers smile....." |
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OR,   |
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Ronron
Member |
01-Jun-2014 22:01
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This looks like a repeat of the hankore forum, same case, Friday sell down and sat and Sunday pple argue. Many doomsayers appear. First people fighting over who is right, then got TA show sell signals. When yzj is ok, shadow banking no one talk about it. One strange news out, and all the doomsayers start talking about shadow banking and all that. Then there was this forumer themanu who talked about china eratat also in the hankore thread. After that, look at where is hankore now. And the doomsayers, somehow magically disappear. Guys, no need to debate. U won't be able to convince each other. Tmr bull and bear will fight. Use money to talk easier. | ||||
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hlfoo2010
Master |
01-Jun-2014 21:50
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Oct 2010                      $2.02 Jun 2011                      1.52 Jan 2013                           .99 Sep 2013                         1.08 now   |
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matrixxx
Senior |
01-Jun-2014 21:24
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Think the key point here is mainly on " the lost of confidence" , which is the most important since this is one of the main reason why people buy their shares  other than buying because of good earnings profitability. Too big to fail doesn' t apply to this counter anymore, adding that she is a super duper S-chip. Let' s hopefully not they will dig out more shading deals out of it or special audit like eratat to see if the " real" cash is there in the bank. Finally, trade with care. there is no smoke without fire. For the case of SMRT, good news will trigger her to go up, up and up. For the case of YZJ, bad news will trigger her to go down, down and down. Just as Jesse Livemore always said, Buy rising stocks, sell falling stocks, and that is really the way to trade.   |
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BMW320
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01-Jun-2014 20:57
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Bro, how sure are you ? Nobody ? not a single one trust YZJ reply ? Have the party involved furbish any documents? Is Mr Ren under custody? You are speaking for yourself and negative believe :>  
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orangekun
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01-Jun-2014 20:53
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Being skeptical is always a healthy habit. 
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orangekun
Member |
01-Jun-2014 20:49
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Do not rely on auditors even if they are from big 4. They are tasked to audit the accounts, not to unravel all these funny stuffs which management could be hiding. If you worked with auditors before, you realise that the staff are not trained or experienced enough to identify frauds or such, after all, most of them are still young graduates.  The upper management (managers and partners) rely heavily on these staff to obtain these evidences. If nothing is picked up, then of cos it is a clean report.    |
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hem2998
Veteran |
01-Jun-2014 20:29
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Agree. This is traders stock. Not for the faint hearted like me...lol All the best!  
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mindfocus
Member |
01-Jun-2014 20:29
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Bro, nobody will take their word for now, pending investigation from China authorites and the accuser guoheng.  They can say they have compiled with rules and regulations now, because the can of worms are not opened yet. Their assurance inspire zero confidence.
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BMW320
Member |
01-Jun-2014 20:28
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See market reaction tmr. You might be right :>
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BMW320
Member |
01-Jun-2014 20:25
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I hear you bro, r u a victim during enron fraud? Market like affirmation. Chairman already made his call of assurance and counter sue already in the pipeline. Intergrity and reputation at stake. In my opinion, YZJ had a good management team. If YZJ cannot be trusted, which other chinese company can we have faith in? We sieze opportunity to made money and move on, worrying doesnt bring you anywhere.
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mindfocus
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01-Jun-2014 20:21
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Bro, nobody will take their word for now, pending investigation from China authorites and the accuser guoheng. |
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BMW320
Member |
01-Jun-2014 20:12
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Allegation rebuted. Chairman give the assurance to all share holders and management. All activities compliance. Let' s see how market react tmr. I see lots of pessimism over this case. Lol.
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mindfocus
Member |
01-Jun-2014 20:12
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Bro, the next Aurther Anderson will come when you least expect it, i am not as optimistic as you. I am still very wary of the gigantic structured product aka shadow banking in yzj, there' s an air of secrecy brewing inside, i bet the can of worms are hidden there. Unless yzj can provide intricate details of its lending business, sorry, i don' t trust it.
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