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THE BEST IS YET TO BE
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bayduck
Member |
16-May-2019 11:59
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1) Legal rep' s status in China is basically emperor of the company, responsible for all things. So many cases of S-Chips gone case even though CEO is Singaporean, because the legal rep of the operating sub is PRC and basically just took control 2) BIL also has 100% claims to profits of Changsha, being the sole shareholder. Yes, many people invest more than $100,000 in a stock, but don' t get involved, but that' s such a bad analogy. The $100,000 is only share capital, and if Changsha is really importing hundreds of millions from BW, the profits must also be huge. BIL is entitled to 100% of the profits, so the monetary value is definitely beyond $100,000. A better analogy would be that you invest $100,000 as sole shareholder to start a business, but the business then grew to make revenues in hundreds of millions, making many millions in profits. You, as the sole shareholder, is entitled to ALL the profits. It' s a hard sell to convince me you do not exercise control or influence, or that you completely heck care the business. If you had been a minority shareholder, then it' s more believable.
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michaeltan
Master |
16-May-2019 11:40
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Is a passive investor only. S100,000 is not very big sum. I believe you have many people like me invest in stock more than that but not involved the management.   
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NextEvolution
Elite |
16-May-2019 11:19
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Sole shareholder of the company, tend of millions $ in turnover. Millions in profit.
If you are the sole owner, do you think you can say never involved in the business? And let a Chinaman run the show?
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Luckystrike
Veteran |
16-May-2019 11:12
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If really that hot ,bro pls refrain from putting up so many pictures with flame to burn out this thread.Somemore, these few days weather so hot. People will become temperamental and anyhow post.
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JarBinx
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16-May-2019 11:06
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Have to check his work experience also to see if he has the expertise/skills for direct selling in China
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Starship
Supreme |
16-May-2019 11:06
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Careful, this is already the Hottest Thread in SJF without any post mentioning any other counter. So Hot that it might even get deleted for being Too Hot just like SG thread..............................  ![]() ![]() ![]()
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destinykraze
Elite |
16-May-2019 10:58
Yells: "Reality is only a matter of perception" |
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Based on what? It looks like it' s struggling to stay afloat. CNMC. It' s earnings are not stable even if u leave gold price out of the equation. But don' t discuss other counter on this thread.
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warrenbuffet2018
Member |
16-May-2019 10:57
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ADD on HOTEL stay record in China {no issue to get in China} Koh Kim Chuan and Mary Huan had never been involved in the management or business operations of the Primary Import Agent or the Group.    Ways to tell is truth 1. Check their oversea record. 2. Check their mobile record.
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michaeltan
Master |
16-May-2019 10:45
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What to do with oversea trip and phone call???  PM doesn' t involved in Temasek management decision. Are you saying husband and wife to be separated? LOL! Is already clearly stated that they are not involved in the management of the business operation in Changsa business operation.
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warrenbuffet2018
Member |
16-May-2019 10:39
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FALLING PROFIT (drop almost 63% from last quarter) 2019 1Q 10,294 (down almost 63%) 2018 4Q 28,038 (down almost 5%) 2018 3Q 29,887
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warrenbuffet2018
Member |
16-May-2019 10:33
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Falling Revenue (almost 60% from last quarter) 2019 1Q Revenue 53,362 (down almost 60%) 2018 4Q Revenue 127,651 (up almost 35%) 2018 3Q Revenue 92,067
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critical.thinkin
Member |
16-May-2019 10:26
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So much personal opinion on the stock. No need to get all excited whether you long or short. Importantly learn from this session. Investing does not stop, move on let the authority do their job while we wait for announcements. By the way has anyone noticed that cnmc goldmine seems like making a come back soon to previous high | ||||
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destinykraze
Elite |
16-May-2019 10:24
Yells: "Reality is only a matter of perception" |
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I already mentioned that. I' m not vested, BC.
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warrenbuffet2018
Member |
16-May-2019 10:24
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Koh Kim Chuan and Mary Huan had never been involved in the management or business operations of the Primary Import Agent or the Group.  Ways to tell is truth 1. Check their oversea record. 2. Check their mobile record.  
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bernardc
Elite |
16-May-2019 10:15
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You should understand sgx definition of related..before commenting
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warrenbuffet2018
Member |
16-May-2019 10:12
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This counter is Game Over. WHY?  AS I DONT TRUST A SINGLE WORD FROM THEIR MOUTH ANYMORE. Just look back their first reply (this reply took them so long so they have more than enough time to think) The Report presents no evidence to establish any link between the Primary Import Agent and the Company, the Directors, the substantial shareholder of the Company or their associates. he Company confirms that the Primary Import Agent, a company incorporated in China, is independent and not related to the Group. None of the Group, the Directors, the substantial shareholders of the Company or their associates have had any direct or indirect shareholding interests, directorship or management role in the Primary Import Agent.6 This reply is before Bonata provide evidance. SO as long as no evidence, they will continue to tell liar.  
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bernardc
Elite |
16-May-2019 10:12
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Your broker can help you ..to find clients who have the stock n willing to sell u..
Or you can find your self..n get btojer to complete the transaction.. Private transaction can be executed..even during suspension.. Just like hyflux...now suddenly offers comingbin
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bicycle
Member |
16-May-2019 10:02
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anybody can explain with certainty how the private off mkt works? Both in normal times, like married deal and in this case suspension time. I' m just curious to understand more. Tks. |
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bernardc
Elite |
16-May-2019 09:59
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Have u shorted. Dd
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destinykraze
Elite |
16-May-2019 09:48
Yells: "Reality is only a matter of perception" |
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You worry about yourself. Shortists are laughing all the way to the bank. I' m laughing at you.
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