| Latest Forum Topics / Best World |
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THE BEST IS YET TO BE
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sbscap
Master |
09-May-2019 22:09
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After 2 trading halts and one suspension, the bulls in BWI are still so steadfastly sure bonitas is wrong. Assuming there is no other agenda, one can only conclude that you can still fool some people all the time. | ||||
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Justice888
Supreme |
09-May-2019 22:08
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Yes they shld. Is not fair
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Berani
Elite |
09-May-2019 22:07
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pls give SGX pressure... to uplift the counter. | ||||
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Justice888
Supreme |
09-May-2019 21:57
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You never sell your shares today ,?
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Leehonghng
Member |
09-May-2019 21:54
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The subject bwi case is not so simple! all facts and figures & turn-over may be fabricated and all Invoices/BL may not be real too, let the SGX do their jobs.
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Superkilat
Elite |
09-May-2019 21:37
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Why we choose to look at and believe in bonitas report while they only made a clear disclaimer towards the end of report that it is purely thier opimion and are not statement of fact? To me, this disclaimer is to protect themselves from law suit. But many retailers choose to listen to them despite they make this disclaimer. If everyone can make fake news and get himself protected by disclaimer, we no need to have a new legislation to purnish those who made fake news. | ||||
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lukewong82
Master |
09-May-2019 21:30
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well I would say is like jaywalking lo.. u still can jaywalk as shortcut, u may be safe too.. but chances of kana knocked down is higher.. Same for s-chip lo.. U still can buy, u may be safe too but chances of kana scandals/scam is higher lo.. as someone mentioned, some ppl likes to take short cut/ gamble , it feels exciting and the thrill is there. YZJ is not without news one .. https://www.businesstimes.com.sg/top-stories/allegations-mischievous-yangzijiangs-ren
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runaway
Senior |
09-May-2019 21:29
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Best World will be remembered as 3+5+3+S. It is now under SGX investigation. Its fate will be decided by the findings. Until then, I think it is about time to close this chapter and move on.   |
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Winnerdrama
Member |
09-May-2019 21:28
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https://m.facebook.com/zhang.lu.3591/albums/2321345001263506/ Enough said, it may be a MLM company like herbal life or Amway but it's quite some scale based on the d and d I'm seeing | ||||
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michaeltan
Master |
09-May-2019 21:26
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The sales figures likely is true and real. They have show the evidence of shipment documents, packing lists and  invoices. Very simple now, you have so much money in the bank account can be verified. Unless the bank account don' t have the money like Midas. Judging from the respond from the management. They are very strong commitment and responsibility. The company is very proactive and buy back shares initiative. The share price may be very volatile in the short team. I think for sure company may initiate take into private if the price is at their attractive level. Afterall the company is in profit making and most important good quality of brand products.  
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JarBinx
Member |
09-May-2019 21:18
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So... what about YZJ and China Sunsine?
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joker123
Senior |
09-May-2019 21:15
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Still no share buyback
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InvestSG
Member |
09-May-2019 21:02
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The sales figures were in millions and millions. Was the money REAL ?? If EY audited, weren' t they thorough? Maybe SGX should query EY too.
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lukewong82
Master |
09-May-2019 20:55
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wow .. u remind me of some ppl who defended Midas when it was first suspended saying that the revenue is real and the railway /train business etc are real one..then they say SIAS given it most transparent so wun go wrong and they said they very sure in the end all will end well and some even said want to load in more Midas when reopen for trading .. Wow.. now i see all this euphoria repeating in this thread with the " positive" posting by u ... How things go in cycles..
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michaeltan
Master |
09-May-2019 20:46
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The professional short seller will always borrow the shares from financial institutions before carry out such short activities. If you are doing nake short heavyly, it is up to SGX discretion I guessed.
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michaeltan
Master |
09-May-2019 20:41
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The broker sure will go after them. It is better to play within your means or limits.  Don' t ever get cought up with this type of situation. 
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joker123
Senior |
09-May-2019 20:32
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People who wants to contra today sure die.. The people who contra sure worry like hell. And going to borrow money
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joker123
Senior |
09-May-2019 20:27
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Haha. Remember what is false rumours? When the short sellers has provided reports to justified and the shortist are not spreading. Go ask sgx on this
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joker123
Senior |
09-May-2019 20:25
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From what I know those shortlist in midas is not fined. As the company is worthless. In unusual suspension, the fine does not impose. The shortist can wait and its the shareholders in pain. They will wait for company bankruptcy. I am disappointed that the directors no share buyback. What does this shows? Today unusual may also be the director force sales. Pray hard they never use their shares as collateral for share buyback
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michaeltan
Master |
09-May-2019 20:22
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  Is SGX banning short-selling?  No, SGX is not banning short-selling. SGX recognizes that short selling generally plays an important role in markets as it allows for more efficient pricing of securities and facilitates hedging activities. However, SGX reminds investors that when they intend to make a short sale, they should have arrangements in place to avoid settlement failures. Penalties will be levied for settlement failures under the CDP Clearing Rules. Abusive short-selling, such as selling accompanied by false rumours designed to encourage others to sell, may also be construed as intent to deceive or manipulate the market and is an offence under the Securities and Futures Act (&ldquo SFA&rdquo ) and shall be liable on conviction to a fine not exceeding $50,000 or to imprisonment for a term not exceeding 2 years or to both.
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