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KrisEnergy
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JMS213
Senior |
30-Oct-2014 08:56
Yells: "Just living is not enough. One must have sunshine, freedom !" |
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Just like the free warrants to Carlyle and NOT to the rest of the shareholders. There was an uproar but their overwheming holdings in China Fishery (80% including Carlyle) snubbed out the minority shareholders and the " independent directors" sing the same song as the directors. Regarding the solicitation issue, is this some kind of payout to the teams ? As TL rightly pointed out there was not clear cut plan to win over the bondholders. The teams will get paid anyway .... big monies Is this some kind of April' s fool joke in October ??? |
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SLPY69
Senior |
30-Oct-2014 08:48
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I agreed with TL. This whole process has no bite. Pretty obvious they are not ready for the negotiation. Why wait until now ? The loan issue has been hogging the news ever since the acquisition of Copeinca. Next is the solicitation that directly affecting the loan. Next they pay big monies to a bunch of jokers who came back with nothing (a third failure to win over bondholders). Shouldn' t they have gotten the financing ready to redeem the $250m, afterall Fitch has already back them up " Fitch also argued that China Fishery' s fundamentals remain strong and said the company is cash-generative, in part thanks to the gradual refunds of $241.5m from the company' s pull-out of its Russian pollock contracts." Why do they need a solicitation teams to agonise over it ? There is reason why investors are now very frustrated with BOD' s move. |
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T2LE56
Senior |
30-Oct-2014 08:37
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October 28, 2014, 9:54 am Undercurrent News Is this some kind of joke ? The board &ldquo is not aware of any reasons for such price and/or volume movements or of any information which must be announced to avoid a false market in the company&rsquo s securities&rdquo , nor is it aware of any inside information that must be disclosed under stock exchange rules, said Pacific Andes in a statement issued on Oct. 27. The loan issue has been hogging the news ever since the acquisition of Copeinca. Next is the solicitation that directly affecting the loan. Next they pay big monies to a bunch of jokers who came back with nothing (a third failure to win over bondholders). Shouldn&rsquo t they have gotten the financing ready to redeem the $250m, afterall Fitch has already back them up &ldquo Fitch also argued that China Fishery&rsquo s fundamentals remain strong and said the company is cash-generative, in part thanks to the gradual refunds of $241.5m from the company&rsquo s pull-out of its Russian pollock contracts.&rdquo Why do they need a solicitation teams to agonise over it ? |
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JMS213
Senior |
29-Oct-2014 23:27
Yells: "Just living is not enough. One must have sunshine, freedom !" |
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Not again. Cannot post |
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JMS213
Senior |
29-Oct-2014 19:26
Yells: "Just living is not enough. One must have sunshine, freedom !" |
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Now ok ... I think is technical issue. Anyway this loan issue should not be allowed to drag on for so long by the BOD. Initially we can understand solicitation teams (ST) needed time to convince with bondholders. But when it dragged on for so long, it appears that the ST is incompetent and place no urgency in the whole matter. Hence, it reflects poorly on the ST. Today the issue is still hanging in the air ... Any investor will start to question the legitimacy of the ST. If the loan issue is of paramount important, why didn' t Management should step in to steer the situation. Obviously they are manipulating the price of China Fishery .... and have done injustice to the investors. Seriously it has gone overboard and there is a need for a closure. Even TL is fed up and EZ invite others to go over to Yuuzoo. It is time the independent directors do their due diligent and account to the minority shareholders. I' m sure there are many " frustrated investors" ready to explode 💣 just like TL 😡 |
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JMS213
Senior |
29-Oct-2014 18:35
Yells: "Just living is not enough. One must have sunshine, freedom !" |
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Why I cannot post this msg and SLPY can ??? No wonder TL really boey song why are they silence with regard to the solicitation issue ? The company is unlikely to ignore frustrated investors forever. They have to show financial discipline and be responsive. They need to give update to the investors. The BOD is playing along with the financial institutions, media .... to benefit themselves. Creating the financial saga and after that solicitation issue. These are man made issue. There are many frustrated investors who will challenge their action. Paying big money to a bunch of incompetent teams to negotiate or to have coffee thus far produce no result. wayang wayang wayang letting 5 investors hold up the solicitation process if not incompetent then it is in cahoot. Payment is not cheap to the team. Either you convince the 5 or settle the rest of them. Otherwise pay all of them. Making a mockery about this whole loan saga. It is a joke |
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EZ3626
Veteran |
29-Oct-2014 18:28
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Bro, told you already the BOD wayang that' s why I decided to move over to Yuuzoo. The loan issue they goreng & goreng ... More hope in Yuuzoo ... they have their agenda ... don' t you see. While the train has not move better just boat .... |
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SLPY69
Senior |
29-Oct-2014 14:05
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Frankly I understand why you that way since they have achieved an incredible feat of acquiring Copeinca. This solicitation issue is a piece of cake. This solicitaion issue has some bearing on the loan as well ... I am sure the BOD will hasten the process and seriously look into it. Otherwise, investors will think the way JMS' feel .... sure one lah Maybe that is how they play their game .... HaiZzzzz
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SLPY69
Senior |
29-Oct-2014 13:42
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JMS, maybe yours got technical problem. You should check with SJ. Ok leh |
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SLPY69
Senior |
29-Oct-2014 13:37
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JMS said having some difficulties getting this msg out
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SLPY69
Senior |
29-Oct-2014 13:35
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No wonder TL really boey song &ldquo why are they silence with regard to the solicitation issue ? The company is unlikely to ignore frustrated investors forever. They have to show financial discipline and be responsive. They need to give update to the investors.&rdquo The BOD is playing along with the financial institutions, media &hellip . to benefit themselves. Creating the financial saga and after that solicitation issue. These are man made issue. There are many frustrated investors who will challenge their action. Paying big money to a bunch of incompetent teams to negotiate or to have coffee &hellip thus far produce no result. wayang wayang wayang &hellip letting 5 investors hold up the solicitation process &hellip if not incompetent then it is in cahoot. Payment is not cheap to the team. Either you convince the 5 or settle the rest of them. Otherwise pay all of them. Making a mockery about this whole loan saga. It is a joke |
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SLPY69
Senior |
29-Oct-2014 13:33
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Hahaha ... there you go again |
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stockpicker
Master |
29-Oct-2014 12:32
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Sori,, should be raising more debts caused stock price to fall??? |
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stockpicker
Master |
29-Oct-2014 12:28
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Raising more debts because share price dropping???? 
(October 28, 2014, 9:54 am
Hong Kong-listed Pacific Andes International Holdings said it is in talks to raise more debt as it said it could not account for the &ldquo unusual&rdquo fluctuation in its share price and trading volume seen on Monday, Oct. 27.
The group&rsquo s share price dropped sharply on Monday, from HKD 0.375 to HKD 0.335 (see charts below). http://www.undercurrentnews.com/2014/10/28/pacific-andes-in-talks-to-raise-more-debt-as-share-price-drops-on-high-trading/ |
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stockpicker
Master |
29-Oct-2014 12:20
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Nature is one play. The dismishing biomass is another play. Aquacultural is the way to go but this fish too weak to move there. |
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Qanghoo
Supreme |
29-Oct-2014 12:11
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At 35c, it' s trading at 47% of NAV. Pray Nature be kinder to bestow better fortunes after the EN and CF shd fly in a few yrs.
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hotelgrand
Master |
29-Oct-2014 11:31
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Bottom at 34-35level where its rights issues was at 34cts..wait 1-2 years when debt isues cleared,,ChinaFish will take off again..Mano and Star still holding in fact they mopped up most shares given its limited free float when CF dropped < 34cts this year..their cost also around this level..met them at Valuetronics agm on Sept 22 at Ris Carlton.. |
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JMS213
Senior |
28-Oct-2014 23:27
Yells: "Just living is not enough. One must have sunshine, freedom !" |
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Not democratic |
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JMS213
Senior |
28-Oct-2014 23:26
Yells: "Just living is not enough. One must have sunshine, freedom !" |
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SJ block message |
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JMS213
Senior |
28-Oct-2014 23:22
Yells: "Just living is not enough. One must have sunshine, freedom !" |
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Where is Isolator ? Kenna ban |
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