| Latest Forum Topics / Sino Grandness Last:0.02 -- |
|
|
iX Biopharma
|
|||||
|
investshare
Supreme |
20-Sep-2018 11:23
|
||||
|
x 0
x 0 Alert Admin |
Become new norm.
|
||||
| Useful To Me Not Useful To Me | |||||
|
sbscap
Master |
04-Sep-2018 12:08
|
||||
|
x 0
x 0 Alert Admin |
I' m stuck in some Sino shares. Sino reminds me of the wine company, Dukang. Many years ago in an investor meeting, I asked the Dukang CEO why is there some bank borrowings when the company has huge amount of cash. He said the company needs to maintain good relationship with the banks in case there is a need for future business. Then the company went on to invest, vertically, horizontally. Again, the CEO has some very good answers when I asked him why expand so rapidly when there is a slowdown in the sector. These Chinese towkays have lots of very good answers. China-men are particularly good in this. One of my China contact actually mocked me for not able to answer good questions in the " tai-chi" way. Fortunately, investors are not so stupid and the share price goes down or remain low. Unfortunately, some investors bought at higher levels and don' t know what to do. | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
bicycle
Member |
04-Sep-2018 11:39
|
||||
|
x 0
x 0 Alert Admin |
I meant to say Wang LauJi, the herbal tea market leader in china | ||||
| Useful To Me Not Useful To Me | |||||
|
bicycle
Member |
04-Sep-2018 11:37
|
||||
|
x 0
x 0 Alert Admin |
I have same doubt last year when I asked this qn in AGM : Why keep expanding capex / capacity with yr cash flow when you have huge bonds (+interests) to settle since 5 yrs ago? Huang said must continue capex as already committed to the provincial government, otherwise land will be taken back. Its bad decision in my opinion, as SG pays huge finance costs on those borrow money to build capacity. Not forgetting they can always tap OEM suppliers to plug any gap. Basically SG working for bonds holders than for shareholders. It only make sense if you make more profit on borrow money. A similar case Dukang stucked with excess capacity while burning cash. Anyway, do not overstay bcos of Huang is a SSH. Many ways for them to play minority SH. If you are optimistic in china beverage mkt, its better to invest in ?¤?V?g?B If you are hoping for IPO, ask yourself is it worth the risk and capital and time? Pls dont take my word for it, do your own investigation and what is good for yourself. p/s. I started investing since 2012. Make money 1st round, lost money 2nd round (with Thai). Itchy finger bought 3rd round when IPO filed, sold out at loss as I realised too much time and risk. Might as well buy China Sunsine / Aviation or ?¤?V?g?B   |
||||
| Useful To Me Not Useful To Me | |||||
|
investshare
Supreme |
15-Aug-2018 08:24
|
||||
|
x 0
x 0 Alert Admin |
Wow still acquire more plant? Haha.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
amigo52
Member |
15-Aug-2018 08:22
|
||||
|
x 0
x 0 Alert Admin |
" the decrease was due to acquisition of plant and machinery, deposit paid for non current assets assets, bank loan repayment" etc |
||||
| Useful To Me Not Useful To Me | |||||
|
investshare
Supreme |
15-Aug-2018 06:04
|
||||
|
x 0
x 0 Alert Admin |
Operating cash reduced by half is no joke.
|
||||
| Useful To Me Not Useful To Me | |||||
|
BillionX
Senior |
15-Aug-2018 04:25
|
||||
|
x 0
x 0 Alert Admin |
Channel loading and poor quality of AR are typical of Chinese markets and marketing problems.Maybe a letter of enquiry to SGX can kick start the narrative and why SG remains depressed.Q&A can reveal why the IPO is taking so long and is there some back room games being played that retail investors are not privy to??? | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
jlim777
Senior |
14-Aug-2018 22:32
|
||||
|
x 0
x 0 Alert Admin |
I am not into speculating of channel stuffing. Must request for A.R. aging to know who and how much.
|
||||
| Useful To Me Not Useful To Me | |||||
|
investshare
Supreme |
14-Aug-2018 22:03
|
||||
|
x 0
x 0 Alert Admin |
Channel stuffing.
|
||||
| Useful To Me Not Useful To Me | |||||
|
jlim777
Senior |
14-Aug-2018 21:39
|
||||
|
x 0
x 0 Alert Admin |
If you check carefully, the reason their Cash Flow from Operation minus is because Account Receivable is increasing and Account Payable is decreasing. And if you have followed them you might already know that they have new big accounts, such as airline company, and distributors and I suspect they gave longer term for those new big accounts. However, if you think this is good enough reason to short, please do, I can see that those who still keep this stock (including me) are now not too concern about short term fluctuation. |
||||
| Useful To Me Not Useful To Me | |||||
|
hannyhanny
Senior |
14-Aug-2018 21:21
|
||||
|
x 0
x 0 Alert Admin |
hoohoo.. cash and cash equivalent dropped from about 924 million to 423 million (-$500 million) in one quarter! SB2 Bonds not paid as agreed  since Jun 2017 and quoted reason pending approval from chinese government for offshore transfer  (annouced Nov 2018 3Q results that extended it Jan 2018) until now still pending approval with no dates mentioned at all... hoohoo | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Steven123
Member |
14-Aug-2018 19:41
|
||||
|
x 0
x 0 Alert Admin |
Have patience, have patience. We are not far away from major events. Good quarter and in best possible position to settle outstanding issues. AAA grading does help in certain way if going for IPO. All point to a positive resolution of major events. We have waited so long, what is another few months. Surprise people are selling at this time?? | ||||
| Useful To Me Not Useful To Me | |||||
|
leeeta
Elite |
14-Aug-2018 19:18
Yells: "FA plus TA = Huat all the way." |
||||
|
x 0
x 0 Alert Admin |
It will do good to the share price if Huang settles the bond and the Thai loan. IPO or no IPO, don' t think the price will move from this zone unless these 2 burdensome stones are removed.  Question that many asked .  If the company has cash and is profitable every quarter, why not settle the loan and bonds? Show us the money.  The doubts will remain until the two is cleared. So Huang must do the right thing...otherwise its just noise.  
|
||||
| Useful To Me Not Useful To Me | |||||
|
lailai
Elite |
14-Aug-2018 19:13
|
||||
|
x 0
x 0 Alert Admin |
If Huang don' t prop the shares who will? Even BBs don' t want touch it, but he don' t bother cos he is very well paid. Minority shareholders get nothing, he and his management team get all the rewards.  His renum, salary plus bonus shares add up to S$2.2 million last year.  He should have at least some conscience after getting the huge renum year after year, to give shareholders some pittance peanut div to chew.   I have a very low opinion of him. To me, he is very crafty, don' t expect anything good from him. Even when he buys up the shares, it is not to enhance share holders value but his own share value, as he holds the majority stake, 35.95%.
|
||||
| Useful To Me Not Useful To Me | |||||
|
BillionX
Senior |
14-Aug-2018 18:30
|
||||
|
x 0
x 0 Alert Admin |
An increase of 37% in profit yoy but stock price still remain depressed. How can a stock that regularly reports profit but does not declare dividend nor provide impetus to a price appreciation.Are we minority shareholders missing out on something? The only people profiting from this stock is Huang and the management through management fees and shares in lieu of pay/performance. Time that we demand more transparency from Huang and the management team.We have given the company enough time especially with the IPO. Enough is enough!!! | ||||
| Useful To Me Not Useful To Me | |||||
|
BillionX
Senior |
27-Jun-2018 16:17
|
||||
|
x 0
x 0 Alert Admin |
If you believe the yahoo finance assessment you have to wonder why the price remains depressed.It has languished around this level since the rights issue. Yahoo has a fair price of $1.58.🙈 🙉 🙊 | ||||
| Useful To Me Not Useful To Me | |||||
|
Sputnik
Member |
27-Jun-2018 10:39
|
||||
|
x 0
x 0 Alert Admin |
https://finance.yahoo.com/news/sino-grandness-food-industry-group-005310074.html | ||||
| Useful To Me Not Useful To Me | |||||
|
BillionX
Senior |
27-Jun-2018 10:18
|
||||
|
x 0
x 0 Alert Admin |
Prices have fallen back. Counter has gone ito sleep mode again. Another false dawn. |
||||
| Useful To Me Not Useful To Me | |||||
|
SgTrader17
Elite |
12-Jun-2018 17:38
|
||||
|
x 0
x 0 Alert Admin |
Volume picked up and prices maintained at 23cts, although initial surge to 24cts couldn't maintained. Likely sellers from those whom bought on contra basis and need let go. Those who bought in now with no news yet signal some buying interest and maybe pending for company to come out with some news? Don't think will have contra players this week, after the previous surge from 20cts to 25cts cooled down. No one wants to be caught in a too short period of time of T + 5 days. Unless really have credible news within a week. Dyodd. | ||||
| Useful To Me Not Useful To Me | |||||


  I have a very low opinion of him. To me, he is very crafty, don' t expect anything good from him. Even when he buys up the shares, it is not to enhance share holders value but his own share value, as he holds the majority stake, 35.95%.