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derekchong Master	16-Jun-2015 13:55        derekchong About Contact  Quote this Post!
x 0   x 0  Alert Admin	today lion rest day. Blumont kena attack.
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johnng Supreme	16-Jun-2015 13:49        johnng About Contact  Quote this Post!
x 0   x 0  Alert Admin	Left 1cent nia
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zhihao1122 Member	15-Jun-2015 16:31        zhihao1122 About Contact  Quote this Post!
x 0   x 0  Alert Admin	what happen to lion? derekchong      ( Date: 15-Jun-2015 16:30) Posted: lion kena selldown. this one still ok. one cent quite steady.
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derekchong Master	15-Jun-2015 16:30        derekchong About Contact  Quote this Post!
x 0   x 0  Alert Admin	lion kena selldown. this one still ok. one cent quite steady.
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Demostation Supreme	12-Jun-2015 16:55        Demostation About Contact  Quote this Post!
x 0   x 0  Alert Admin	Please don' t debate on the calculations, it is just agak agak, but not very far off.   I did not attend the meeting. But I am trying to point out that Shortists (a big one) could be doing strange things. I hate the rules that allows shortists to rule the market.   Lol
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Demostation Supreme	12-Jun-2015 16:50        Demostation About Contact  Quote this Post!
x 0   x 0  Alert Admin	From what some of you have been saying, I think it could be shortists rejecting the resolution.  180 million shares e.g voted for. (31% of 100%)  580 million shares voted against. (69% of 100%)  2.3 billion - 760 mill shares = absentees (shareholders did not turn up or voted).  Shortists shorted on borrowed shares 1 billion shares on borrowing account but kept his CDP acct with 580 million shares.  These figures are only examples and are not 100% accurate possible with a divergence of 10 to 20% error.  For the thinking only..Lol.
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Demostation Supreme	12-Jun-2015 16:45        Demostation About Contact  Quote this Post!
x 0   x 0  Alert Admin	From what some of you have been saying, I think it could be shortists rejecting the resolution. 180 million shares e.g voted for. (31% of 100%) 580 million shares voted against. (69% of 100%) 2.3 billion - 580 = absentees (shareholders did not turn up). Shortists shorted on borrowed shares 1 billion shares on borrowing account but kept his CDP acct with 580 million shares. These figures are only examples and are not 100% accurate possible with a divergence of 10 to 20% error. For the thinking only..Lol.
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LONERANGER Senior	12-Jun-2015 12:46        LONERANGER About Contact  Quote this Post!
x 0   x 0  Alert Admin	As you can see from this board, all blunont shareholder are fully prepare to written off and mostly shareholders dont even bother this company anymore
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LONERANGER Senior	12-Jun-2015 12:32        LONERANGER About Contact  Quote this Post!
x 0   x 0  Alert Admin	I am at the EGM on 11 June 2015 too. I do feels the majority shareholder are in the right move. Why are we putting right issue for loan creditor from previous management board? The loan creditor charging interest 10 to12 pc. We shareholder are stupid always paid for others mistake. We are near to BK, what is the issue here.
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Observers Elite	12-Jun-2015 09:35        Observers About Contact  Quote this Post!
x 0   x 0  Alert Admin	My concern is this board only has 180 mil shares solidly backing them i.e. their hardcore supporters getting director fees and the executive chairman with a salary. The 300mil against was from a single largest shareholder, presumably at the EGM. So the rest of the 2.3 billion shares are just along for the ride praying for a miracle? Good luck guys. ethanetoh      ( Date: 11-Jun-2015 22:08) Posted: I thought sure go through one so I did not do anything..... shit..... now no money to repay debts, what will happen? Observers      ( Date: 11-Jun-2015 19:06) Posted: From what I was told, seems like the current board only has about 180+mil shares support for this EGM resolution. 180mil shares to control a total of 2.8 bil share capital? Wonder where all the other shareholders gone to. Maybe written off this investment already.
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Demostation Supreme	12-Jun-2015 08:54        Demostation About Contact  Quote this Post!
x 0   x 0  Alert Admin	People are funny.   Got rights, they say die, die, going to dilute my shares, got no rights they say oh dear, how arh, no rights can die also?   Die? Cheh cheh cheh, die long time already, lol.. But seriously, rights issue is asking for money from shareholders and is never a welcomed move.   I have always anti-rights. And therefore cancelling any rights issues to find a way out is a plus.   There will be a way to do business on a shoe string, which is good. Lol.
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ethanetoh Senior	11-Jun-2015 22:08        ethanetoh About Contact  Quote this Post!
x 0   x 0  Alert Admin	I thought sure go through one so I did not do anything..... shit..... now no money to repay debts, what will happen? Observers      ( Date: 11-Jun-2015 19:06) Posted: From what I was told, seems like the current board only has about 180+mil shares support for this EGM resolution. 180mil shares to control a total of 2.8 bil share capital? Wonder where all the other shareholders gone to. Maybe written off this investment already.
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Observers Elite	11-Jun-2015 19:06        Observers About Contact  Quote this Post!
x 0   x 0  Alert Admin	From what I was told, seems like the current board only has about 180+mil shares support for this EGM resolution. 180mil shares to control a total of 2.8 bil share capital? Wonder where all the other shareholders gone to. Maybe written off this investment already.
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treetops Elite	11-Jun-2015 16:21        treetops About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Moments Today, Memories Tomorrow!"
x 0   x 0  Alert Admin	In exact, Oct 2013 flashing off 90% of investor fund within a few days! treetops      ( Date: 11-Jun-2015 16:05) Posted: If can' t issue rights to raise fund, this share will be gone case! May drop lower than current price now. 1cent! Better avoid it. Those know this share since 2013 at $2 plus drop to less than 20 cents will know this is a hopeless share!
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Demostation Supreme	11-Jun-2015 16:09        Demostation About Contact  Quote this Post!
x 0   x 0  Alert Admin	If not mistaken, the rights were planned for acquisition.   So no acquisition, maybe on " oor-thang" basis, is it possible? treetops      ( Date: 11-Jun-2015 16:05) Posted: If can' t issue rights to raise fund, this share will be gone case! May drop lower than current price now. 1cent! Better avoid it. Those know this share since 2013 at $2 plus drop to less than 20 cents will know this is a hopeless share!
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treetops Elite	11-Jun-2015 16:05        treetops About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Moments Today, Memories Tomorrow!"
x 0   x 0  Alert Admin	If can' t issue rights to raise fund, this share will be gone case! May drop lower than current price now. 1cent! Better avoid it. Those know this share since 2013 at $2 plus drop to less than 20 cents will know this is a hopeless share!
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Demostation Supreme	11-Jun-2015 15:58        Demostation About Contact  Quote this Post!
x 0   x 0  Alert Admin	I am quite happy (though not a shareholder) that Blumont has got big shareholders who can " veto" any subjective resolutions. Blumont can...lol.. Demostation      ( Date: 11-Jun-2015 15:52) Posted: I mean erosion of shareholders' rights can be stopped as an example here.   In many meetings I went, it was always stereotyped.   The chairman will always ask " any question?" pause for 1 seconds and then immediately say if there is no question, he considers the motion (resolutions) passed, this gives no time for shareholders to make queries and give objections.   Demostation      ( Date: 11-Jun-2015 15:45) Posted: Good to thwart any plans by directors to casue futher sufferage to shareholders.   Creditors can wait and let the company make profits by hard working and a good team.   Given time and non-pressure of debts, the company or any company for that matter, will make money to pay everyone, I am sure.
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Demostation Supreme	11-Jun-2015 15:52        Demostation About Contact  Quote this Post!
x 0   x 0  Alert Admin	I mean erosion of shareholders' rights can be stopped as an example here.   In many meetings I went, it was always stereotyped.   The chairman will always ask " any question?" pause for 1 seconds and then immediately say if there is no question, he considers the motion (resolutions) passed, this gives no time for shareholders to make queries and give objections.   Demostation      ( Date: 11-Jun-2015 15:45) Posted: Good to thwart any plans by directors to casue futher sufferage to shareholders.   Creditors can wait and let the company make profits by hard working and a good team.   Given time and non-pressure of debts, the company or any company for that matter, will make money to pay everyone, I am sure.
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Demostation Supreme	11-Jun-2015 15:45        Demostation About Contact  Quote this Post!
x 0   x 0  Alert Admin	Good to thwart any plans by directors to casue futher sufferage to shareholders.   Creditors can wait and let the company make profits by hard working and a good team.   Given time and non-pressure of debts, the company or any company for that matter, will make money to pay everyone, I am sure.
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ysh2006 Supreme	11-Jun-2015 15:26        ysh2006 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Result of poll 61% vs 39% shareholders rejected the right issue, about 15 shareholders attended the EGM lah , a very substantial shareholder and his proxy cast the votes to reject it... want Mgt to be like Greece to fight for debt re-negotiation....If the debators don' t want than   coy Cap 13 loh..( I think only) Demostation      ( Date: 11-Jun-2015 15:18) Posted: Bro Ysh, did the shareholders got large majority?   Did SSH voted against?   (Can know from the polls indicating big chunks of votes they have).
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