| Latest Forum Topics / Nam Cheong |
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Nam Cheong
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bayduck
Member |
10-Apr-2019 14:42
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To be fair, frauds happen in all exchanges, not just Singapore' s. Also, if our regulators are actually good at identifying good/bad companies from an investment perspective, they probably would be poached away by investment firms already (and earn big bucks). So while I am frustrated at the fraud cases in Singapore, I think it' s more effective if I rely on myself to weed out the frauds, rather than depending on some regulator.
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BillionX
Senior |
10-Apr-2019 14:35
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You can add Ace Achieve infocom to this list of Mickey Mouse companies. Wonder who in SGX is responsible for the vetting and approval of such listings! And now retail investors are bearing this burden. | ||||
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makdatok
Supreme |
10-Apr-2019 10:26
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TH..Whats d catch? | ||||
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Starship
Supreme |
03-Apr-2019 09:25
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Yet another Clown Stock in the making in SGX Circus Maximus?.............. ![]() Nam Cheong:  The  independent auditors of offshore vessel builder Nam Cheong  said they have not obtained sufficient evidence that the group' s financial statements for the financial year ended Dec 31, 2018 should have been prepared on a going concern basis. They are therefore unable to issue an audit opinion. The auditors, Foo Kon Tan LLP, said Nam Cheong' s statements were prepared on a going concern basis, premised on a key assumption that there are no claims from creditors, primarily the Non-Fujian Group Shipyards. Nam Cheong has yet to terminate the contracts with the shipyards or restructure the debts owing to the shipyards, which are reasonably likely to have a material effect on its financial condition and operations, said the auditors. The counter closed flat at 0.8 Singapore cent apiece on Tuesday.  https://www.businesstimes.com.sg/stocks/stocks-to-watch-keppel-reit-nam-cheong-tritech-group-ntegrator-international   |
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ysh2006
Supreme |
02-Apr-2019 21:32
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The auditor opinion is going concern on this company....if cash don't come in fast...!😑 😑 | ||||
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makdatok
Supreme |
16-Mar-2019 13:23
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Dabbling in this counter is similar with my encounter with nico which i managed to get 300% profits.I face d risk with d reward..Ul nvr get to taste this kind of experience coz ur limited in playing with varieties.. | ||||
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makdatok
Supreme |
16-Mar-2019 13:10
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Doesnt matter much. 100 Lots each load above 2cts doesnt bother me..ive taken relised profit on 500 lots of 8 if u care to read on d other thread..Hv paper profit on 1500lots on 6 n 7 now ..In d end manage to get gd profit on stategies play i considered gd enough n worth d investment...wink2
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lukewong82
Master |
15-Mar-2019 20:15
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moer than half a year passed.
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lukewong82
Master |
15-Mar-2019 20:14
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On record.
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makdatok
Supreme |
15-Mar-2019 20:14
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See..ur too eager wanting to be a seen as e savior that even sarcastic remark u take it seriously...Really..(tap d forehead)..toin toin..hiak2
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makdatok
Supreme |
15-Mar-2019 20:04
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20c??..go fly kite laaa.. | ||||
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makdatok
Supreme |
15-Mar-2019 20:00
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Whatever..whats ur positon?..If none fluck off | ||||
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lukewong82
Master |
15-Mar-2019 19:41
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Ok.. this time better record what you say.. one quarter more.. boom!!!..u say one... IF by  end of next quarter financial report,     share price still below 10 cents, then u have to admit u are wrong, way back when share price was 20+ cents u already saying share price will rocket 6 mths later from August 2018.. Recorded ==> Date: 15 March 2019 
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makdatok
Supreme |
15-Mar-2019 10:28
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Ai lai liao..1 more quarter...boom!! | ||||
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makdatok
Supreme |
15-Mar-2019 00:28
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These kind of ppl always panic..Even warren buffet had encountered initial slide in investment but eventually tasted sweet fruits on potential counters with stategies..These gundus only like immediate profit...He still has a long way to compare my success in investment ..wink2 | ||||
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SmallSmall
Supreme |
14-Mar-2019 22:07
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I buy because the company has been restructured and a few of these companies are actually showing signs of recovery. One never knows when then the inflexion point is. It's always the case when the whole world is overly optimistic or pessimistic about that something which is actually the turning point. I could be wrong but I find it worth a bet. DYODD.
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makdatok
Supreme |
14-Mar-2019 11:35
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Liad kay kau at bottom then the rest ll be negligable..I ban coz i believe..hiak | ||||
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makdatok
Supreme |
14-Mar-2019 11:32
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That was testing da water..100lots each load is nothing..Ive said wait for 2 Quarters right..BE PATIENT!!!..hiak3
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lukewong82
Master |
14-Mar-2019 11:13
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U said last Aug that u loaded Nam Cheong aggressively at 20+ , then 18 cents, then 15 cents, then 13 cents etcc...  and will be laughing to the bank 2Q this year.... now is half a year liao.. time to reflect.
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lukewong82
Master |
14-Mar-2019 11:10
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hmm... loaded at 19 too... wow
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