| Latest Forum Topics / Shen Yao Last:0.002 -- |
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Shen Yao (Miracle Medicine?): New Beginning!
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FINCH51
Member |
06-Jul-2021 16:49
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Brother how much gift you receive from them.
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FINCH51
Member |
06-Jul-2021 16:44
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Please be careful of this counter SHEN YAO recently came out alot of funny news,try to trick our hard earn monies CAREFUL.
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FINCH51
Member |
06-Jul-2021 16:39
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Member be careful of SHEN YAO this counter came out alot of funny news,try to cheat our hard earn money.
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CheongArgh
Master |
06-Jul-2021 15:35
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Long will definitely enjoy !!!!! 
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Isolator
Supreme |
06-Jul-2021 14:40
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Long to enjoy... | ||||
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akasa888
Veteran |
06-Jul-2021 14:03
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Up again, 1807 | ||||
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akasa888
Veteran |
06-Jul-2021 13:17
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Beautiful, break 1800. Now, trading at 1803 | ||||
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ThankYou
Supreme |
06-Jul-2021 12:53
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What situation, BRO?
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Isolator
Supreme |
06-Jul-2021 12:51
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Long to enjoy.. | ||||
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akasa888
Veteran |
06-Jul-2021 12:12
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Gold price is now trading at USD1800. It is on an uptrend, central Banks all over the world and hedge funds are buying to hedge against inflation and for countries to boost up their currency. Central banks are also buying for emergency purpose. In 2020, Venezula was forced to sell 1 billion worth of gold to get money after US sanction them For gold price to have an impact, it has to go above USD2000 Please note that in their evaluation report by QP, it was reported that the existing gold mine at Ballarat contains 320% more mineral resouces than what was previously reported. |
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tanstg
Veteran |
05-Jul-2021 11:24
Yells: "Learn as I trade and trade as I understand" |
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Thanks for sharing the research. I believe no one will buy a company for $23 million if he do not believe he can turn around the company. 
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Thi654321ABCDEF
Master |
05-Jul-2021 11:06
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Yes , good write up.
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Isolator
Supreme |
05-Jul-2021 10:52
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Long to enjoy... | ||||
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jeffkwan
Member |
05-Jul-2021 10:50
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Totally agree with Akasa888. It was this new management that made me venture into it. Truly for new parents/grandparents to throw some investment in it. The Young ones can wait.
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jeffkwan
Member |
05-Jul-2021 10:20
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It' s amazing that Coolbear123 posted Shen Yao is a trash stock, yet waiting for it to break 0.005. Hmm.  .... Akasa 888 had posted- the major shareholders hold 72+%. Are they fools or too much money to burn? Hi. All, I am new to posting in this chat.
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akasa888
Veteran |
05-Jul-2021 10:13
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Let me share what Mr Yao has achieved:
 
1) He paid $23 million to take over Lion Gold. Now, the company is worth more than $200 million
2) He restructured the company to include gold exploration, hedge funds, trading, investment and fund management. These are all moves in the right direction because if you want to make money, you have to be where the money is. Like fishing, if you want  to have a good catch, you have to find the location where all the fishes are located. You can' t be fishing in a pond or river 
3) He got a well known investor, Dr JMP to take a 10% stake in this company by investing $10 million. Dr JMP is no ordinary guy, if he is not convinced of the company' s future, would you put in so much money. In so doing, he get the much needed capital for expansion and get JMP help to grow the business
4) Instead of calling for a right issue which is not in the interest of the shareholders, he got $7 million from the key management staff under the performance share plan
5) He totally revamp the website in such a short time and set up their new office with renovation  done at Temasek Boulevard.
6) To be credible, he deregistered the company from Bermuda and re-register the company in Spore so that it will be subjected to Spore regulation.  In addition, he changed the auditor from a small firm to Ernst and Young, one of the big 4 accounting firms in Spore. Do you know why many of the listed companies are registered in Bermuda. 
 
All these were done in less than 18 months. I would say that Mr. Yao and his sister are two of the best talents in the corporate world. Ask yourself, which CEO has accomplished so much in such a short time. Look at NOL and SPH and you will know the difference.
 
I am confident of the future growth of this company and I am putting my money in this company. I intend to keep the share and if I cannot wait (I am from the Merdeka  generation), my children and grandchildren can wait. 
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Isolator
Supreme |
05-Jul-2021 09:36
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Long to enjoy... | ||||
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akasa888
Veteran |
05-Jul-2021 08:36
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Hi Admin, can you help me retrieve my last post. It didn' t go through and I have put in a lot  of effort to write it. Thank you Akasa |
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coolbear123
Senior |
04-Jul-2021 23:37
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Totally trash stock, why are people so foolish to put their money into this junk? Can' t wait for 0.005 to break. |
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akasa888
Veteran |
04-Jul-2021 21:57
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Gold closed at 1789 on Friday. The US dollar index closed at 92.25, this was higher than 3 years ago(May 2018 before covid) when the money supply(M2) was 40% lower. During these two years, US printed 6-7 Trillions for pandemic stimulus. As gold is traded in US dollar, it is inversely corelated to the US dollar index. That is, gold price go down when the index go up and go up when the index go down. Common sense tell us that the high US dollar index cannot be sustained with the money supply at 40% more than 3 years ago. This world is not very fair because If any other country printed so much, their money will become worthless or at least devalue by half. With so much money chasing after fewer and fewer goods, price of all goods will definitely go up and this will lead to high inflation. This also explain why all the central banks in the world are buying gold. Gold is a hedge against inflation for hundreds of years. You can print money, but you can' t print gold. Please note that all central banks are led by the most intelligent people in their country. If the most intelligent people are doing it, ordinary people will follow. Now, the whole financial markets are focus on inflation and this is very good for gold. No one know how high it can go(some analysts said 2.4k by year end, some said 3-5k and there are some who said 20k in the years to come). If you look at bitcoins, it was traded at less than $500 a few years back, it went up to $62k. Now, it is trading at $35,3k. Buying gold mine share is a leverage on gold because if gold price go up, the share of a gold mine company can go up several times. Let hope for the best.   |
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