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Should be ?No Eye See?
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Wind22i
Supreme |
01-Aug-2019 19:09
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No sign board ..so the crab and money also gone haha | ||
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wishbone
Master |
01-Aug-2019 18:50
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As expected. No surprise. | ||
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Starship
Supreme |
01-Aug-2019 16:01
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This thread is one of only a handful that' s titled correctly...............................    What an uglu clown stock.............  No Signboard Holdings likely to post Q3 net loss, board warns WED, JUL 31, 2019 - 7:47 PM CATALIST-LISTED seafood restaurant operator No Signboard Holdings will likely extend its losses into its third quarter to June 30, the board warned on Wednesday. The group - which had rung up losses of S$337,500 in the three months prior - " is expected to report a net loss&hellip resulting mainly from lower revenue coupled with higher operating costs" , the board said. Its guidance is based on a preliminary assessment of results that could still be reviewed by the audit committee. The finalised financial statements are slated for release by Aug 14. " In the meantime, shareholders of the company are advised to exercise caution when dealing in the shares of the company," the board added. The latest profit warning adds to woes at No Signboard, which made its bourse debut in November 2017 but is now trading far below its initial S$0.28 offer price. Its chief executive officer, Lim Yong Sim, was also arrested in end-April over a share buyback exercise that saw shares bought at a price higher than allowed, and during a blackout period. He was not charged with any offence at the time. https://www.businesstimes.com.sg/companies-markets/no-signboard-holdings-likely-to-post-q3-net-loss-board-warns |
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destinykraze
Elite |
24-May-2019 13:45
Yells: "Reality is only a matter of perception" |
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Obvious cash grab from ipo only. SGX hasn' t been able to attract quality listing. Tons of junks listed only. How can No eye see with few shops only incur employee benefits of S$2.6 million? in 3 months. Unless their waitress are drawing 15k salaries per month, else it could only be because the management are giving themselves exorbitant salaries. That is why buying penny stock like this is simply a waste of time.
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Starship
Supreme |
24-May-2019 13:28
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Now at new all-time LOW $0.06 |
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Shifu8888
Supreme |
18-May-2019 09:59
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Crab business turns to become Crap business. | ||
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Wind22i
Supreme |
17-May-2019 14:55
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The crab run away | ||
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Starship
Supreme |
17-May-2019 14:49
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Very ugly stock. Now trading at All-Time Low $0.07 nett. |
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Starship
Supreme |
11-May-2019 15:30
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Since No Signboard, so No Eye See................... No Signboard sinks into the red with Q2 net loss of S$337,500 FRI, MAY 10, 2019 - 9:41 PM WHITE pepper crab restauranteur No Signboard Holdings, whose chief executive was arrested and is on bail amid a share buyback probe, sunk into the red with a net loss of S$337,500 in the second quarter ended March 31. This was because of startup expenses for its hotpot and quick-serve restaurants that began operations in the first quarter, the loss of revenue from the temporary closure of a restaurant outlet and the termination of non-performing sales contracts in its beer business in Q1 2019, the group said on Friday. Revenue slipped 0.6 per cent to S$6.8 million, as the restaurant business saw a drop in average spending per customer, while its hotpot and quick-serve restaurants began contributing revenue. Moreover, its beer segment revenue was also weak due to increased competition in the industry, it added. But the restaurant business' expansion in the first quarter also led to an overall increase in employee benefits, operating lease expenses and other operating expenses in the second quarter. In particular, employee benefits rose 18.3 per cent to S$2.6 million. Operating lease expenses rose 36.8 per cent to nearly S$992,400. Other operating expenses rose 7.7 per cent to S$1.2 million due to running expenses for the new outlets. Loss per share was 0.07 cent as opposed to earnings per share of 0.1 cent in the year-ago period. The company said its seafood restaurant business remains profitable and the group plans to open one more outlet under the Hawker brand by the third quarter of 2019. It already opened one such food kiosk at Jewel Changi Airport in April 2019. It has also identified the premises for a new seafood restaurant in Shanghai. The group' s cash position is S$19.7 million, which it believes will support the group through its gestation period during expansion. https://www.businesstimes.com.sg/companies-markets/no-signboard-sinks-into-the-red-with-q2-net-loss-of-s337500 
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destinykraze
Elite |
10-May-2019 19:53
Yells: "Reality is only a matter of perception" |
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no eye see still around. i already warn potential investors to read up before jumping in as it is a cash grab. excluding the most profitable outlet from the coy group, shows its intention already.
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guards80
Supreme |
10-May-2019 19:46
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Result out. No eye see..... | ||
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sengsk
Elite |
03-May-2019 12:35
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No Signboard explained that the move was &ldquo an honest mistake on the part of Mr Lim as he did not notice that the share purchase at prices of up to S$0.14 exceeded the 5 per cent cap above. OMG, It Means our investors, MAS, SGX Authority must be a stupid fool for him. LOL
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sengsk
Elite |
03-May-2019 12:32
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No Signboard CEO arrested and on bail amid probe into share buybackimage: data:image/gif base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw== No Signboard plans to use the IPO proceeds to develop the company' s beer business, establish a new chain of casual dining restaurants and expand its ready meal business. (Photo: Facebook/No Signboard Esplanade) Share this contentBookmarkSINGAPORE: No Signboard Holdings said on Thursday (May 2) that its chief executive officer Lim Yong Sim was arrested earlier this week by local authorities and has been released on bail. The arrest on Apr 30 was made on &ldquo reasonable suspicion&rdquo that sections of the Securities and Futures Act on false trading, market-rigging transactions and insider trading &ldquo may have been breached&rdquo , the Catalist-listed seafood restaurant operator said in a filing to the Singapore Exchange (SGX). Mr Lim has not been charged for any offence, the company filing added. The restaurant chain, known for its signature white pepper crab dish, is being investigated by the Commercial Affairs Department (CAD) for an abortive share buyback dated Jan 31. According to earlier SGX filings, Mr Lim had on Jan 31 instructed the company&rsquo s broker, UOB Kay Hian, to queue for the purchase of the company&rsquo s own shares at a price of up to S$0.14, after getting approval from shareholders at the annual general meeting held on the same day. This price exceeded the regulatory limit on share buyback prices and saw the company&rsquo s stock surged nearly 24 per cent, prompting a query from SGX. In its reply to the bourse operator on Feb 3, No Signboard explained that the move was &ldquo an honest mistake on the part of Mr Lim as he did not notice that the share purchase at prices of up to S$0.14 exceeded the 5 per cent cap above the average closing price of the last five days permitted under the share buyback mandate of S$0.1226 as at Jan 31, 2019&rdquo . The share purchase was also done during a &ldquo black-out period&rdquo &ndash a restriction period for dealing in the company&rsquo s securities &ndash as No Signboard had not held audit committee and board meetings to approve its first-quarter results. &ldquo In light of the above, the share purchase has inadvertently resulted in two breaches &hellip dealing in the shares of the company during the black-out period and the purchase of shares at a price which exceeded the share price cap,&rdquo the company had said. Subsequently on Apr 29, No Signboard said it was requested by the CAD to assist in investigations. From Apr 24 to 26, it provided the CAD with access to and copies of documents in connection with the abortive share buyback. No files, records or equipment belonging to the company were seized, it added. CAD also obtained statements from the company&rsquo s CEO and chief financial officer Voon Sze Yin. The former had his passport retained by the CAD &ndash a move that the company described as a requirement during investigations. In the latest filing on Thursday, the company clarified that copies of the documents in connection with the abortive share buyback were provided to the CAD pursuant to Section 35 of the Criminal Procedure Code. &ldquo The board would like to reiterate that the business and operations of the company will not be affected and will continue as usual,&rdquo it said. &ldquo The company will continue to cooperate fully with the CAD in the investigations.&rdquo Shares of No Signboard on the secondary Catalist board were last seen 2.4 per cent lower at S$0.083 on Thursday afternoon. Read more at https://www.channelnewsasia.com/news/business/no-signboard-ceo-arrested-and-on-bail-amid-probe-into-share-11496908 |
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MichaelSchenker
Master |
03-May-2019 08:48
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Old grandmothers story that has been playing like a broken record. I wonder why you are even in this thread then? Some people just get a high playing the nanny. Childcare needs you.
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MichaelSchenker
Master |
02-May-2019 21:51
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Some people, when they have no confidence, but a dying itch to comment simply sounds too much like a hindsight cannon. If you dont Buy, dont Sell, of course you dont lose. You win some, you lose some. Dare to comment but afraid to lose, because talk is cheap. |
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MichaelSchenker
Master |
02-May-2019 21:39
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LOL.... thats too easy....you dont even need half a brain
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MichaelSchenker
Master |
02-May-2019 20:47
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Well, you sound so confident. Go short it down So, what is your target price?
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MichaelSchenker
Master |
02-May-2019 20:31
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Crab stock not that crappy afterall. Can still make some if you time your entry correctly. Looks like a passing storm...even the Kateks dare not kachau. Once storm blow over, set to recover to 9 cents 10 cents. okay, win money no need to thank me. Lose money, dont blame me. Good Luck! |
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bishan22
Supreme |
02-May-2019 19:28
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Food business is tough... so many competitors...Just like BKT......not enough cakes to go round....
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Starship
Supreme |
02-May-2019 18:22
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NO SIGNBOARD HOLDINGS LTD. (Company Registration No. 201715253N) (Incorporated in Singapore) INVESTIGATION BY COMMERCIAL AFFAIRS DEPARTMENT (THE &ldquo CAD&rdquo ) Further to the announcement made this morning, the board of directors (the &ldquo Board&rdquo ) of No Signboard Holdings Ltd. (the &ldquo Company&rdquo ) wishes to confirm that the Nominating Committee of the Company (the &ldquo NC&rdquo ) has assessed the present situation and is of the view that as the investigations are still ongoing and no charges have been made against any person, the CEO and CFO are able to and shall continue to discharge their respective responsibilities and duties. The NC will re-assess its position as and when there is any basis to do so. The Company will make further announcement(s) as and when there are material developments on the matter. By Order of the Board Lim Lay Hoon Executive Director 2 May 2019 |
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