| Latest Forum Topics / Broadway Ind |
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COMFORT DELGRO - MOVING FORWARD
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johnng
Supreme |
09-May-2020 13:57
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basil chan inside AEM.....could lift soon? | ||
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Sgvale
Supreme |
09-May-2020 09:16
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One of the last few small manufacturing counters listed in SGX..
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Sgvale
Supreme |
08-May-2020 16:50
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Potential to be taken over by big sharks. 0.13? | ||
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Sgvale
Supreme |
08-May-2020 10:39
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W its manufacturing plants in China & Thailand resume operation. Ok or target acquisition by big sharks? | ||
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Wong80
Veteran |
30-Apr-2020 09:41
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Can 81 clear?  Will there be more upside? | ||
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Daxtheman
Veteran |
16-Apr-2020 13:37
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Selling pressure coming. Anyone in this? | ||
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Daxtheman
Veteran |
14-Apr-2020 11:16
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Shorts coming? Take profit time. | ||
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easywin
Supreme |
14-Apr-2020 11:16
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Push up than do the distribution? | ||
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Starwar88
Supreme |
14-Apr-2020 11:05
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BB accumulate enough, can push up. Up down up down, BB also need to eat ma.Lol Just hope don?t suspend anytime soon.
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ahhuat08
Elite |
14-Apr-2020 10:48
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red flag and yet still goin up simply world class exchange |
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easywin
Supreme |
13-Apr-2020 13:50
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Good to short now for a very safe bet. | ||
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Daxtheman
Veteran |
13-Apr-2020 13:16
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Those holding, just an advise. better sell now otherwise they suspend, you lose all.
Just minimise the losses at this point . |
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ahhuat08
Elite |
13-Apr-2020 10:56
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darn dirty, past sessions when it was being pushed up to 96 was a bull trap for distribution.
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Joelton
Supreme |
13-Apr-2020 10:03
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Broadway' s independent auditor flags going concern issues
SUN, APR 12, 2020 - 8:40 PM
BROADWAY Industrial Group' s independent auditor has raised doubts about the group' s ability to continue as a going concern. However, RSM Chio Lim' s audit opinion remains unqualified, the mainboard-listed precision manufacturing group said on Sunday in a regulatory filing. The auditor had included an emphasis of matter in its independent auditor' s report on Broadway' s financial statement for the financial year ended Dec 31, 2019. RSM Chio Lim drew attention to a note in Broadway' s financial statements indicating that the group incurred loss from continuing operations, net of tax of S$15.04 million during the reporting year ended Dec 31, 2019, and as of that date, the group' s current liabilities exceeded its current assets by S$26.21 million. These events or conditions, along with other matters in the note, indicate that a " material uncertainty exists that may cast significant doubt on the group&rsquo s ability to continue as a going concern" , said RSM Chio Lim. https://www.businesstimes.com.sg/companies-markets/broadways-independent-auditor-flags-going-concern-issues |
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Daxtheman
Veteran |
13-Apr-2020 09:30
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Take profit and sell, short. Probably get suspended soon.
Don?t get trapped thinking it will go to 10 c This is what they want you to think . But shareholders are offloading to new retail investors . Good luck |
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gravity8888
Supreme |
13-Apr-2020 09:18
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Jialat... Run | ||
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guards80
Supreme |
13-Apr-2020 08:29
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Broadway' s independent auditor flags going concern issueshttp://www.businesstimes.com.sg/companies-markets/broadways-independent-auditor-flags-going-concern-issues |
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Joelton
Supreme |
09-Apr-2020 12:38
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Broadway Industrial gets third trading query in nine months WED, APR 08, 2020 - 7:34 PM MAINBOARD-LISTED precision manufacturer Broadway Industrial Group was hit with a fresh query  by the bourse regulator over trading activity on Wednesday, its third one in nine months. The group' s shares climbed 32.8 per cent, or 2.1 Singapore cents, to close at 8.5 Singapore cents on Wednesday. A total of 36.3 million shares changed hands. Kelvin Koh,  head of surveillance at Singapore Exchange Regulation (SGX RegCo), noted unusual volume movements in the shares and asked  whether the issuer was aware of any unannounced information or other possible explanations for the trading activity. He further noted that this is the second query issued to the company in the past four months - Broadway Industrial was last queried on December 17, 2019, after one on July 22 last year. Broadway Industrial, responding to the query, said it was still in talks with two prospects on merger and acquisition transactions, as had been announced in November, and was unaware of any other information that could explain the unusual share price movements. The group was put on a watch-list in June for missing the minimum trading price requirement. Broadway Industrial said on Feb 23 that it has been served two writs of summons and statements of claim in relation to the sale of its foam-plastics solutions and flow-control device businesses. The aggregate minimum amount of claims, which the company intends to " defend vigorously" , amounted to about S$9.3 million. The group' s loss for the full year ended Dec 31, 2019 was S$21.4 million, compared with a net profit of S$1.81 million a year ago. Revenue was down 20.4 per cent to S$305.67 million due to continued weakness in the hard disk drive market in 2019. Current assets stood at S$95.8 million as at December 31, 2019. https://www.businesstimes.com.sg/companies-markets/broadway-industrial-gets-third-trading-query-in-nine-months |
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Daxtheman
Veteran |
09-Apr-2020 12:16
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Pump and dump scenario likely. Gonna Take profit. Safer | ||
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Sgvale
Supreme |
09-Apr-2020 09:08
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What happen? SGX want query again | ||
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