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Sino Cloud
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pattanispirit
Member |
10-Jun-2016 15:11
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halted for good news ?  |
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MerzMerz
Senior |
28-Mar-2016 15:16
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SinoCloud?s newly acquired Guiyang internet data centre begins to generate positive impact on top and bottom line
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Jeromelow
Senior |
17-Nov-2015 13:01
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any news from this counter? |
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MerzMerz
Senior |
20-Oct-2015 16:02
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Already v low, cannot stay lower. 😝
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wxp8838
Veteran |
20-Oct-2015 15:23
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stay low brother,let' s pray
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MerzMerz
Senior |
20-Oct-2015 15:22
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More than 20 thousands lots bought today, what is cooking in the cloud today? Must be the haze, after the wind direction change, we shall see some clear sky.
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wxp8838
Veteran |
19-Oct-2015 15:23
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don' t understand why there are still some guys are willing to place the shares from company ,more higher price than the market (this time 75% ),got some promises from management?I don' t think they are stupid ,but after some many rounds replacement ,it hard to beliver that they are not stupid. |
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MerzMerz
Senior |
19-Oct-2015 15:14
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If I am not wrong, the last placement shares was at $0.005, it was also placed on a premium of certain % due to the traded share price. Every time a placement is made, it was always made on a premium price and of course a wiling buyer and seller condition. This time round it is also made on a premium price, the only different is now it is at 30% less price (0.0035) then the last placement value, so is this still premium?
For a company to raise a few millions by diluting investor shares value, it is not so wise... And especially the share has been diluted after so many round of share placement. Each time the share placement money was used, there is nothing concrete about what had been materialize, I did not see anything produce, even company that was "bought", I also did not see any end product materialize from it. The money seem to be evaporise... The share value has depreciated so much even without any bad news on the company, I worried later the company can be taken over easily and subsequently get delisted and then it will be show over for those still vested... Not sure still got any chance to see the management of the share price depreciated in this rate???...
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MerzMerz
Senior |
19-Oct-2015 14:50
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If I am not wrong, the last placement shares was at $0.005, it was also placed on a premium of certain % due to the traded share price. Every time a placement is made, it was always made on a premium price and of course a wiling buyer and seller condition. This time round it is also side on a premium price, the only different is now it is
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wxp8838
Veteran |
19-Oct-2015 08:57
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You are right   1 SINOCLOUD GROUP LIMITED (FORMERLY KNOWN AS ARMARDA GROUP LIMITED) (Incorporated in Bermuda on 13 August 2003) (Company Registration No: 34050) PROPOSED PLACEMENT OF AN AGGREGATE OF 1,377,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY AT AN ISSUE PRICE OF S$0.0035 PER NEW ORDINARY SHARE 1. INTRODUCTION The board of directors (the " Board" or the " Directors" ) of SinoCloud Group Limited (the " Company" , and together with its subsidiaries, the " Group" ) wishes to announce that the Company had, on 16 October 2015, entered into a placement agreement (the " Placement Agreement" ) with four (4) placees as set out in paragraph 2 below (each, a " Placee" and collectively, the " Placees" ) in relation to the placement of an aggregate of 1,377,000,000 new ordinary shares of par value HK$0.001 each in the capital of the Company (" Placement Shares" ) at an issue price of S$0.0035 (" Issue Price" ) for each Placement Share, raising gross proceeds of approximately S$4.82 million (equivalent to approximately HK$27 million based on the exchange rate of HK$5.60 : S$1.00) (the " Proposed Placement" ). There is no placement agent appointed for the Proposed Placement. The Placement Shares are to be issued to the Placees by way of a private placement pursuant to an exempted offer under Section 272B of the Securities and Futures Act, Chapter 289 of Singapore (the " SFA" ). Hence, no prospectus or offer information statement in connection with the Proposed Placement will be lodged with the Singapore Exchange Securities Trading Limited (the " SGX-ST" ) acting as agent on behalf of the Monetary Authority of Singapore. Pursuant to Rule 803 of the SGX-ST Listing Manual Section B: Rules of Catalist (the " Catalist Rules" ), the Company has confirmed that it will not, pursuant to the Proposed Placement, issue the Placement Shares to transfer a controlling interest of the Company without the prior approval of shareholders of the Company (" Shareholders" ) in a general meeting. The Placement Shares will not be issued to any person who is a Director or a substantial Shareholder, or any other entity/person falling within the categories set out in Rule 812(1) of the Catalist Rules. 2. THE PROPOSED PLACEMENT The Issue Price of S$0.0035 represents a premium of 75% to the volume weighted average price of S$0.0020 per share of the Company (" Share" ) based on trades done on Catalist board of the SGX-ST on 15 October 2015, being the full market day on which Shares were traded up to the date on which the Placement Agreement was signed. The Issue Price was arrived at on a willing-buyer, willing-seller basis. In agreeing to the Issue Price, the Directors have taken into consideration, among others, the general market conditions and the value of the existing issued Shares. 2
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MerzMerz
Senior |
16-Oct-2015 09:12
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Trading halt. I thought the haze is getting better now? Dunno what is cooking inside the cloud. Most likely just another round of shared dilution announcement. | ||||||||||||||||||||||||||||||||||
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n3wbie
Elite |
21-Sep-2015 23:50
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despite the high volume, the actual amount is quite small and such kind of penny stocks is definitely subject to much greater volatility. if anything, SGX should be the one that is scrutinising the trades, management and the business. since they are supposedly the regulators, they have the obligation to carry out due diligence.  |
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wxp8838
Veteran |
21-Sep-2015 16:38
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the company should to discover who is the big guy that sell 100M++ days before and 30M++ today at 0.002 ,right ? they just informed   the CEO bought 20M days before at 0.002 ,nothing else . what the fu--ck!!!! |
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aksg78
Member |
20-Aug-2015 22:48
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Dont feed the termites. Avoid this stock now. Anyhow, no need to mention, cause no one is buying. | ||||||||||||||||||||||||||||||||||
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lglg666
Supreme |
20-Aug-2015 16:37
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Power....it's now green :) | ||||||||||||||||||||||||||||||||||
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lglg666
Supreme |
20-Aug-2015 14:46
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Must be hiding still behind some cloud....another potential gone case sooner or later. Jialet
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aksg78
Member |
20-Aug-2015 14:34
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We trust SGX to do the right thing. But are there? The share consolidation is a scam. It does nothing for investors but only allows the company to dilute their shares further and allow for more room to drop. | ||||||||||||||||||||||||||||||||||
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aksg78
Member |
20-Aug-2015 13:50
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http://www.sinocloudtechnology.com/ Their contact us page is not working. No address, no contact number. Advise all potential investors to steer away. Please avoid this counter.   |
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aksg78
Member |
20-Aug-2015 00:55
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We should visit their office.............all too lazy.......they need to wake up their idea. | ||||||||||||||||||||||||||||||||||
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aksg78
Member |
20-Aug-2015 00:39
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Dear management, you call yourself a web development company?
Your own corporate website looks really bad, yet you claim to offer these services. Can you add pictures of your offices? Dont hide. |
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