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Adtower Veteran	22-Jul-2017 19:50        Adtower About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just like M1 too? Wind22i      ( Date: 22-Jul-2017 10:33) Posted: Not vested..Just curious how many of u trapped by NC? As prior to its end..many cheerleaders ask to buy... Prior to the end..the owner / under his wife already sold...thus depressing the price further.. Insider selling is a good indication of whats coming..next..
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haizzz Senior	22-Jul-2017 19:45        haizzz About Contact  Quote this Post!
x 0   x 0  Alert Admin	SIAS is as helpful as SGX... ysh2006      ( Date: 22-Jul-2017 14:39) Posted: Sias can help ? Wind22i      ( Date: 22-Jul-2017 10:33) Posted: Not vested..Just curious how many of u trapped by NC? As prior to its end..many cheerleaders ask to buy... Prior to the end..the owner / under his wife already sold...thus depressing the price further.. Insider selling is a good indication of whats coming..next..
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ysh2006 Supreme	22-Jul-2017 17:32        ysh2006 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes Linc no time given even BB like Genting Singapore!! ahhuat08      ( Date: 22-Jul-2017 16:46) Posted: 20th july got the whole day for u to run road after n. announced a debt standstill and yet no one shareholders provlaim he has sold off the shares? Once it has defaulted on bond payments and doesnt pay up on time due to OCBC' s writ of summon, get out first and talk later. At least they are magnanimous enuff to give u 1 day grace period to bail out, whereas for linc it has given no time to escape.
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HazardKoh Master	22-Jul-2017 16:55        HazardKoh About Contact  Quote this Post!
x 0   x 1  Alert Admin	Whenever u see alot of cheerleaders urging u to buy, is time to exit/sell liao ...   Wind22i      ( Date: 22-Jul-2017 10:33) Posted: Not vested..Just curious how many of u trapped by NC? As prior to its end..many cheerleaders ask to buy... Prior to the end..the owner / under his wife already sold...thus depressing the price further.. Insider selling is a good indication of whats coming..next..
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ahhuat08 Elite	22-Jul-2017 16:46        ahhuat08 About Contact  Quote this Post!
x 0   x 0  Alert Admin	20th july got the whole day for u to run road after n. announced a debt standstill and yet no one shareholders provlaim he has sold off the shares? Once it has defaulted on bond payments and doesnt pay up on time due to OCBC' s writ of summon, get out first and talk later. At least they are magnanimous enuff to give u 1 day grace period to bail out, whereas for linc it has given no time to escape.
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ysh2006 Supreme	22-Jul-2017 14:39        ysh2006 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sias can help ? Wind22i      ( Date: 22-Jul-2017 10:33) Posted: Not vested..Just curious how many of u trapped by NC? As prior to its end..many cheerleaders ask to buy... Prior to the end..the owner / under his wife already sold...thus depressing the price further.. Insider selling is a good indication of whats coming..next..
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Wind22i Supreme	22-Jul-2017 10:33        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not vested..Just curious how many of u trapped by NC? As prior to its end..many cheerleaders ask to buy... Prior to the end..the owner / under his wife already sold...thus depressing the price further.. Insider selling is a good indication of whats coming..next..
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harlow Member	22-Jul-2017 09:38        harlow About Contact  Quote this Post!
x 0   x 0  Alert Admin	I bought 100 lots at 2.1 cents last month only. Bye bye my money...
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ShowMeMoneyp Member	22-Jul-2017 09:29        ShowMeMoneyp About Contact  Quote this Post!
x 0   x 0  Alert Admin	This is like ownself declares Chapter 11 where there is none in Singapore. In a situation like this, the bond holders can sue to recover whatever is left.   But the issue size is small which means there are only retail investors who probably know nothing about their rights and what to do.   So can just bully them lor. Good lessons learnt.
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ysh2006 Supreme	22-Jul-2017 08:14        ysh2006 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Why Sgx don't let it lift the halt as it ann ? Small share holders can get back some residuce money rather than zero now if finally delisted like Cacola furniture no exit offer. Integrity      ( Date: 22-Jul-2017 00:04) Posted: This is the risk u have to take when trading pennies, u can earn multiple folds but be prepare to lose your capital.
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Integrity Elite	22-Jul-2017 00:04        Integrity About Contact  Quote this Post!
x 0   x 0  Alert Admin	This is the risk u have to take when trading pennies, u can earn multiple folds but be prepare to lose your capital.
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sheerluck Supreme	21-Jul-2017 22:47        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	I can only say there are tons of S-chips pulling whatever tricks they can on investors straight under SGX' s nose.   So is SGX a place for swindlers?   I don' t think Nam Cheong belongs to the same category but the end results for whatever holders iare nonetheless similar. mobilefish      ( Date: 21-Jul-2017 22:21) Posted: does this make SGX a place for swindlers pulling whatever tricks they can on investors, the management at Nam Cheong has misled banks, notes buyers and shareholders on all fronts, regarding the health of the company, with no fear of legal actions from creditors, SGX and SIAS??? sheerluck      ( Date: 21-Jul-2017 14:53) Posted: Can suka suka suspend payment one?   Like that all other companies can follow suit liao loh.   I also want to suspend all my payments until I finish restrucutring, can or not?   I think the creditors and shares, notes and toilet paper holders should just apply to court to seize all their assets and sell.   That' s what bank do right.   If you cannot pay up, they seize your house and force sale it.   You can said " restructuring" to them meh? Funny that banks treats individual debtors whose loan is small in comparison like shit while sayang sayang listed co whose loan are huge like king
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mobilefish Member	21-Jul-2017 22:21        mobilefish About Contact  Quote this Post!
x 0   x 0  Alert Admin	does this make SGX a place for swindlers pulling whatever tricks they can on investors, the management at Nam Cheong has misled banks, notes buyers and shareholders on all fronts, regarding the health of the company, with no fear of legal actions from creditors, SGX and SIAS??? sheerluck      ( Date: 21-Jul-2017 14:53) Posted: Can suka suka suspend payment one?   Like that all other companies can follow suit liao loh.   I also want to suspend all my payments until I finish restrucutring, can or not?   I think the creditors and shares, notes and toilet paper holders should just apply to court to seize all their assets and sell.   That' s what bank do right.   If you cannot pay up, they seize your house and force sale it.   You can said " restructuring" to them meh? Funny that banks treats individual debtors whose loan is small in comparison like shit while sayang sayang listed co whose loan are huge like king. shadow      ( Date: 21-Jul-2017 14:25) Posted: After the informal meetings news already out yesterday, stating that they not going to pay and  decided to " temporarily cease" repayment on all its borrowings while it seeks to undergo restructuring.   Nam Cheong said that it will not be making payment of the next coupon payment due on July 23, 2017 with respect to the S$90 million Series 004 Notes. Stock still trading as per normal no panic selling yesterday etc ... Today suddenly just call to suspends trading... What are they up to?
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mrwise Supreme	21-Jul-2017 20:26        mrwise About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Ezion, noble might be the next... Trade with caution... ahhuat08      ( Date: 21-Jul-2017 14:41) Posted: 1) Linc 2) Tech oil and gas 3) Swissco 4) Rickmers 5) Ezra 6) Swiber 7) Now Nam cheong so whos next?
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bernardc Elite	21-Jul-2017 19:47        bernardc About Contact  Quote this Post!
x 0   x 0  Alert Admin	now that nam cheong did it.. other coy follow lah... Tommy12356      ( Date: 21-Jul-2017 19:45) Posted: Hope noble pay next month sheerluck      ( Date: 21-Jul-2017 14:53) Posted: Can suka suka suspend payment one?   Like that all other companies can follow suit liao loh.   I also want to suspend all my payments until I finish restrucutring, can or not?   I think the creditors and shares, notes and toilet paper holders should just apply to court to seize all their assets and sell.   That' s what bank do right.   If you cannot pay up, they seize your house and force sale it.   You can said " restructuring" to them meh? Funny that banks treats individual debtors whose loan is small in comparison like shit while sayang sayang listed co whose loan are huge like king
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Tommy12356 Master	21-Jul-2017 19:45        Tommy12356 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hope noble pay next month sheerluck      ( Date: 21-Jul-2017 14:53) Posted: Can suka suka suspend payment one?   Like that all other companies can follow suit liao loh.   I also want to suspend all my payments until I finish restrucutring, can or not?   I think the creditors and shares, notes and toilet paper holders should just apply to court to seize all their assets and sell.   That' s what bank do right.   If you cannot pay up, they seize your house and force sale it.   You can said " restructuring" to them meh? Funny that banks treats individual debtors whose loan is small in comparison like shit while sayang sayang listed co whose loan are huge like king. shadow      ( Date: 21-Jul-2017 14:25) Posted: After the informal meetings news already out yesterday, stating that they not going to pay and  decided to " temporarily cease" repayment on all its borrowings while it seeks to undergo restructuring.   Nam Cheong said that it will not be making payment of the next coupon payment due on July 23, 2017 with respect to the S$90 million Series 004 Notes. Stock still trading as per normal no panic selling yesterday etc ... Today suddenly just call to suspends trading... What are they up to?
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sheerluck Supreme	21-Jul-2017 15:39        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	Who to blame the downfall?   Ofc the Amercians. shadow      ( Date: 21-Jul-2017 15:32) Posted: Tiong, 73 (Now 75), is one of the top five tycoons in Sibu, which is famous for &ldquo nurturing&rdquo Malaysia&rsquo s top timber businessmen of the Foo Chow clan. The clan&rsquo s ancestors braved rough seas to land in Sibu to open up virgin jungles in 1901. Apart from the food business, grouped under CCK listed in Bursa Malaysia, Tiong ventured into boat-building some 40 years ago under the name Nam Cheong. Today, this Singapore-listed company is a leading global marine player and Malaysia&rsquo s largest builder of offshore support vessels (OSV). Under his privately held S.K. Tiong Group of Companies, Tiong has a hand in housing and commercial property developments worth over RM2bil in the country. This group is also an agent for national car Proton and various brands of beverages in Sibu. Read more at http://www.thestar.com.my/news/nation/2015/10/11/building-billions-with-340-sarawaks-tycoon-datuk-tiong-su-kouk-learned-from-a-young-age-that-wealth/#GThZ2H0wu4ucvpr1.99 Who to blame for NC downfall, If? CEO his son-in-law? Or blame it on the Oil Price? Such a 传 奇 人 物 character also will face " downfall" like this with many years of . business experiences! Let' s hope not the end of it
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shadow Veteran	21-Jul-2017 15:32        shadow About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tiong, 73 (Now 75), is one of the top five tycoons in Sibu, which is famous for &ldquo nurturing&rdquo Malaysia&rsquo s top timber businessmen of the Foo Chow clan. The clan&rsquo s ancestors braved rough seas to land in Sibu to open up virgin jungles in 1901. Apart from the food business, grouped under CCK listed in Bursa Malaysia, Tiong ventured into boat-building some 40 years ago under the name Nam Cheong. Today, this Singapore-listed company is a leading global marine player and Malaysia&rsquo s largest builder of offshore support vessels (OSV). Under his privately held S.K. Tiong Group of Companies, Tiong has a hand in housing and commercial property developments worth over RM2bil in the country. This group is also an agent for national car Proton and various brands of beverages in Sibu. Read more at http://www.thestar.com.my/news/nation/2015/10/11/building-billions-with-340-sarawaks-tycoon-datuk-tiong-su-kouk-learned-from-a-young-age-that-wealth/#GThZ2H0wu4ucvpr1.99 Who to blame for NC downfall, If? CEO his son-in-law? Or blame it on the Oil Price? Such a 传 奇 人 物 character also will face " downfall" like this with many years of . business experiences! Let' s hope not the end of it
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sheerluck Supreme	21-Jul-2017 15:22        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	By stating that they are not going to pay anymore money until restructuring is already a slap on his own face.   已 经 很 没 脸 了 。 But then still rich right.   Compared to poor whatever holder, they lose money and 没 脸 见 家 人 。 So Datuk 1 - 0 whateverholders. So if this Datuk still got a heart, he should have quikly sell those vessels even if it means super cheap and repay all obligations.   But is his SIL in charge so maybe what he say don' t count.   But I think no matter becos the crux of the problem is no one is buying their vessels.   So NC is effectively holding on to tons of useless steels. JM is the likely outcome....sad day for NC........ shadow      ( Date: 21-Jul-2017 15:10) Posted: I think they are player ' poker' game to drag everyone down ! Either stick together to restructure and you may just have a chance to recover $ in future or you drive them to the wall we all 一 拍 两 散 ! See who will blink first. But Datok Tiong is putting his reputation at stake, he still have other listed co like Malaysian CCK Berhad.. Like that his reputation  all going down the drain soon .. what title conferment Tan Sri, what tycoon ,etc   ... his whole family will be put to " write-off" - " condemn" in business world.. Let' s hope not the case !
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shadow Veteran	21-Jul-2017 15:10        shadow About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think they are player ' poker' game to drag everyone down ! Either stick together to restructure and you may just have a chance to recover $ in future or you drive them to the wall we all 一 拍 两 散 ! See who will blink first. But Datok Tiong is putting his reputation at stake, he still have other listed co like Malaysian CCK Berhad.. Like that his reputation  all going down the drain soon .. what title conferment Tan Sri, what tycoon ,etc   ... his whole family will be put to " write-off" - " condemn" in business world.. Let' s hope not the case !
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