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Yes Sir, this is just a small case involving a loan of $245,000 given to former Founder of Yuuzoo pledged with 300,000 Yuuzoo shares. Back then the shares were quite high, so the amt vs shares might seem justified. But as you know the lender was dissatisfied with the deal because they feel that the bank and Yuuzoo chairman bluffed them. Something like this.
So I think it is no big deal, unless proven otherwise.
So I think it is no big deal, unless proven otherwise.
sheerluck ( Date: 22-Jun-2017 14:12) Posted:
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Yes Sir, but this is just a small case of a loan of $245,000 to former chairman pledged with 300,000 Yuuzoo shares.
Bro, since you are vested, you should keep track of the Hecklerco case. I wouldnt say more about i since it can be easily found.
Demostation ( Date: 22-Jun-2017 12:03) Posted:
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I am buying more. Will add upto 500lots.
TS, don' t 害 死 人 ok?
hotokee ( Date: 22-Jun-2017 10:08) Posted:
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RIGHTS ISSUE ...WILL COME..IF BUYING ANY THING
NO MONEY TO PAY DEPOSIT..WHAT DO U EXPECT??
NO MONEY TO PAY DEPOSIT..WHAT DO U EXPECT??
Demostation ( Date: 22-Jun-2017 11:42) Posted:
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Hope that due diligience comes out positive.
I think the acquisition if gone through adds more to Yuuzoo' s profits.
At today' s price, the acquisiton will cost approx $625K value in terms of 7.5 million shares. Very worthwhile to get a company generating $265 mill revenue and $7.4 million EBITDA.
If gone through, then " More Huat arh!"
" YuuZoo Buys Exclusive Option to Acquire the Holding Company of Cinram, One of Europe&rsquo s Largest Logistics & Distribution Companies, Serving Multiple Top Brands such as Amazon, Paramount, Universal Studios, Warner Bros., 20th Century Fox, Sony, Sky, Zalando and Asos &bull The acquisition would give YuuZoo complete end-to-end e-Commerce capabilities in all major European markets including the much covered &ldquo Last Mile&rdquo delivery capabilities &bull As one of Europe&rsquo s top companies in logistics, Cinram in 2016 posted revenues of SGD 261 million (EUR 173 million) with a 7.4 million SGD (EUR 4.9 million) EBITDA "
I think the acquisition if gone through adds more to Yuuzoo' s profits.
At today' s price, the acquisiton will cost approx $625K value in terms of 7.5 million shares. Very worthwhile to get a company generating $265 mill revenue and $7.4 million EBITDA.
If gone through, then " More Huat arh!"
" YuuZoo Buys Exclusive Option to Acquire the Holding Company of Cinram, One of Europe&rsquo s Largest Logistics & Distribution Companies, Serving Multiple Top Brands such as Amazon, Paramount, Universal Studios, Warner Bros., 20th Century Fox, Sony, Sky, Zalando and Asos &bull The acquisition would give YuuZoo complete end-to-end e-Commerce capabilities in all major European markets including the much covered &ldquo Last Mile&rdquo delivery capabilities &bull As one of Europe&rsquo s top companies in logistics, Cinram in 2016 posted revenues of SGD 261 million (EUR 173 million) with a 7.4 million SGD (EUR 4.9 million) EBITDA "
Demostation ( Date: 22-Jun-2017 11:32) Posted:
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Huat liao..
Sigh, dumb retailers only look at 1 thing. PROFIT. Never dig deeper. All the franchisee created in 2015 /2016 worth 10s of millons. Auditor say too early to revalue.
Goodluck
Goodluck
Will this deal go through at all ?
Yuuzoo Buys Exclusive Option To Acquire The Holding Company Of Cinram.
Option expire 30 June 2017.
7.5mil YuuZoo shares throw down longkang or " someone" will be cashing out ?
Your own $$ you decide.
Could be sidelined for a while. Profit taking is always there whenever a share price goes up.
Looking at the performance of Yuuzoo for YE2016, I believe Yuuzoo future is great.