| Latest Forum Topics / QT Vascular |
|
|
Sats
|
|||||
|
Sunstar
Senior |
17-Nov-2021 23:53
|
||||
|
x 0
x 0 Alert Admin |
Blackcitron has made many good comments. Google Christian kwok. He's been involved with pump and dump in Malaysia stocks. Look at Incredible hldgs (formerly vashion). Did rights and used the money to overpay for Danish watch and HK watch company. Christian kwok has Danish blood . By buying only 10% of qt, his cost is probably around 0.008+ . Below sgd2mln and he wants to control the entire company. What sort of track record Christian has in turning around companies.. the answer is none! If shareholders blindly vote this new board members in, they will control the entire company. What if the new board do rights issue on qt?
I am not saying the current board is good, it's total crap, but to invite a worst wolf in.. it's going to be even worst for shareholders
|
||||
| Useful To Me Not Useful To Me | |||||
|
sklong138
Elite |
17-Nov-2021 23:49
|
||||
|
x 0
x 0 Alert Admin |
I can only see the 2 scenarios so far.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
sklong138
Elite |
17-Nov-2021 23:48
|
||||
|
x 0
x 0 Alert Admin |
Why do Mission Well (MW) buy for two major tranches of shares at 0.008xx(ave) on 11/11/2021 & at 0.010x (ave) on 16/11/2021 since they are the ones have 1st hand information?  Are you saying that MW bought the 2 major tranches of shares are now worried?  If so , please  explain why? If MW is not worried, then why do the retailers who bought the shares before the announcement has to worry?  I still don' t quite see your logic of what you have just said   
|
||||
| Useful To Me Not Useful To Me | |||||
|
Hock88
Senior |
17-Nov-2021 23:41
|
||||
|
x 0
x 0 Alert Admin |
Your 1) and 2) are repeating what I said isn' t it??? Can' t you form your own new opinion? Eg. 3rd scenario???  since when I link halt to 1) and 2)?
|
||||
| Useful To Me Not Useful To Me | |||||
|
Hock88
Senior |
17-Nov-2021 23:37
|
||||
|
x 0
x 0 Alert Admin |
Ask yourself... assume it' s 1 day before the announcement was made and you are aware such announcement will be made, will you buy at 0.01? I think even at 0.009, 0.008, will also think twice.. at the moment, not only those who bought 0.01 will be worried. Those who have bought at 0.009 and 0.008 are equally worried even though they are having paper gain now.. 
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
sklong138
Elite |
17-Nov-2021 23:31
|
||||
|
x 0
x 0 Alert Admin |
How do you come to this conclusion?   
|
||||
| Useful To Me Not Useful To Me | |||||
|
sklong138
Elite |
17-Nov-2021 23:28
|
||||
|
x 0
x 0 Alert Admin |
The auditor comments have already been previously published in their reports which is nothing new. A few scenarios can happen:- 1) Existing CEO and old directors walked away for the new team to take over (fastest resolution) 2) Tussle between the old team and new incoming  team- This will depend on the results of the voting as scheduled. As such  the different camps may up their stake in the company to buy up more shares in the open market to have more say in their voting rights. Whatever it is , I do not see the link of market halt to the above 2 scenarios?
|
||||
| Useful To Me Not Useful To Me | |||||
|
Hock88
Senior |
17-Nov-2021 23:19
|
||||
|
x 0
x 0 Alert Admin |
Really emphasize those who just bought the shares and this happened.. I am sure if this was anticipated, those who bought before the halt wouldn' t have bought... quite unfortunate  |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Hock88
Senior |
17-Nov-2021 23:14
|
||||
|
x 0
x 0 Alert Admin |
Read announcement... auditor comment etc etc. what' s positive in the announcement? perhaps your only hope is that the new directors are more capable than old directors... But you won' t know their intent... I have come across many buyouts, stock listing, spin-off etc etc, usually whose interest they take care first??? Of course own interest lah.... perhaps hope that the old director walk way without tussle.. then it won' t drag..   but this also means that your wish that they will buy more shares from open market won' t happen...but this wish won' t happen anyway even if the old directors wish to pursue 
|
||||
| Useful To Me Not Useful To Me | |||||
|
sklong138
Elite |
17-Nov-2021 23:06
|
||||
|
x 0
x 0 Alert Admin |
Thanks for your clarification.  Why this case is more serious?  
|
||||
| Useful To Me Not Useful To Me | |||||
|
Hock88
Senior |
17-Nov-2021 23:01
|
||||
|
x 0
x 0 Alert Admin |
You probably saw my comment yesterday about MCpay(renamed Oxpay).   RTO artivision. Another dubious   biz from beginning... artivision was 0.001, share consolidation 500:1, after RTO, trading at 0.5, see what' s the price now.. share placement, boardroom tussle after RTO...   please at least take trouble to read before anyhow shoot air bullet!!!! 2 non-independent Director were not re-elected.... one being the controlling share holder' s (Mr Ching) son!!! Mr Ching requisition because he wants to get his son back!!! that case resolved very fast.. incumbent directors resigned in the end and his son reinstated with 4 others  being controlling share holder, he doesn' t need to buy more shares!!! (Sorry to dash your hopes) that case and this case are totally different... I mentioned yesterday because of slight similarity...  that case halted 1 day doesn' t mean this case will halt only 1 day..  This case is much more serious.. can read the announcement again..  
|
||||
| Useful To Me Not Useful To Me | |||||
|
sklong138
Elite |
17-Nov-2021 22:33
|
||||
|
x 0
x 0 Alert Admin |
I still remembered one of the major share holders buy up more shares in open market to increase his stake in MCPAY to have more say in the voting rights while the process of replacing the management team is still in the making?
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
sklong138
Elite |
17-Nov-2021 22:26
|
||||
|
x 0
x 0 Alert Admin |
If you were to refer to another company   OXPAY aka.(MCPAY) of similar exercise a few months ago,  I don' t recall that the trading of OXPAY  aka. (MCPAY) was on halt while pending on the voting for the change of management team? Let' s wait to see whether the halt will be lifted by tomorrow since the news is already announced via SGX. |
||||
| Useful To Me Not Useful To Me | |||||
|
lucskywalker
Senior |
17-Nov-2021 22:03
|
||||
|
x 0
x 0 Alert Admin |
Why? we must go vote in the  new directors... nothing to do with the halt i guess? | ||||
| Useful To Me Not Useful To Me | |||||
|
TheMatrix
Elite |
17-Nov-2021 21:55
|
||||
|
x 0
x 0 Alert Admin |
https://links.sgx.com/1.0.0/corporate-announcements/2JBE2SIFPFCKF7IX/856a2caa38760854cd0b63fac98bd13629aa90b1d3459d820eb45d4bdecd79c9 https://links.sgx.com/FileOpen/EGM_Circular%20Removal.ashx?App=Announcement& FileID=691240 Jialat.. This stock going to halt for long time liao... |
||||
| Useful To Me Not Useful To Me | |||||
|
ThankYou
Supreme |
17-Nov-2021 20:23
|
||||
|
x 0
x 0 Alert Admin |
😡
|
||||
| Useful To Me Not Useful To Me | |||||
|
sklong138
Elite |
17-Nov-2021 19:48
|
||||
|
x 0
x 0 Alert Admin |
Bro,  no worries,  the other ship is strong & steady 💪 &   steered by Captain ⚫ _White & it will start to sail again after loaded with full of gold & will cruise back to Australia probably before Christmas 🎄 to sell the gold collected at double the price  & all the hard-core SY will be rewarded handsomely and you will see them laughing all their ways to the bank. Also you will likely to see " Thank You" in the bank to withdraw some $40k for his tour around the world.  Huat!!!😀 Hahaha 
|
||||
| Useful To Me Not Useful To Me | |||||
|
TheMatrix
Elite |
17-Nov-2021 19:27
|
||||
|
x 0
x 0 Alert Admin |
Then those contra no money paid up, died la?
|
||||
| Useful To Me Not Useful To Me | |||||
|
gravity8888
Supreme |
17-Nov-2021 19:17
|
||||
|
x 0
x 0 Alert Admin |
3days lo | ||||
| Useful To Me Not Useful To Me | |||||
|
TheMatrix
Elite |
17-Nov-2021 19:16
|
||||
|
x 0
x 0 Alert Admin |
How long they want to halt this counter? | ||||
| Useful To Me Not Useful To Me | |||||

