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Never ignore Yuuzoo s future as your nest eggs
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Demostation
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07-Sep-2017 13:41
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Normally in an acquisition, there would be a due diligence report.   In this case of CLF, I don' t know if there is one?   It would be really good if there is one although it might not be necessary since it is just a joint venture and not a 100% takeover. | ||||
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DifferentDad
Member |
07-Sep-2017 12:49
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no one challenge the chairman on his many dope investment went bad? | ||||
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ysh2006
Supreme |
08-Jul-2017 15:39
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This is normal in AGM, should send people guard the food or serve it  till AGM finished.But cannot be help investors also loss lot of money......Another option issue vouchers or don' t give food at all like Singtel
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sh0rthere
Senior |
08-Jul-2017 14:59
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Even yuuzoo also got tupperware platoon!
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Demostation
Supreme |
08-Jul-2017 11:59
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Those who attended the AGM yesterday would know that the BT report were based on misinformation. Ass Prof Mak was also there to ask all the raised questions that appeared in the report.   He did a good job to bring home a few points to the board and the auditors.   He seemed satisfied with all the answers.   A jornalist was also present and the Chairman did a good job re-explaining most of the points raised and answered to everyones' s satisfaction.   The dissatisfaction one will get is that the food were scooped finished by some unscrupulous uncles/aunties when we came out of the meeting auditorium.   Not that there were insufficient food being catered, as evidenced by the empty trays.   The greedy uncles/aunties who just attended for the food and when the food arrived, they packaged and took home for their families while everyone is in the meeting.  |
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tkchua
Member |
30-Jun-2017 21:26
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Cinram acquisation expire today why no new ?? | ||||
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Demostation
Supreme |
30-Jun-2017 12:30
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And if its true what people rumoured about you, you must do all you can to make it looks like not true.   Only Yuuzoo must make the effort. Lol. | ||||
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Demostation
Supreme |
30-Jun-2017 12:09
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This could have been due to many adverse talks in forums and media about Yuuzoo.   As we all know, reputation is important, successful people and businesses don' t want to be drag down by poor perceptions (ratings even if they are not true),   that is why sometimes you need to protect yourself by suing anyone who bad mouths you without basis.   Our PAP ministers had been a good example, they would appear overprotective, but sometimes it cannot be helped..   Once down very hard to come up.   So hope Yuuzoo begin to correct the public perception of it being too much " alibaba" , then not only Ah Jack will have a second look, but also other investors will begin to flock into the company. I think after the new auditors accepted the job, and Yuuzoo showed making good profit, Yuuzoo' s image has improved. Lol.
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TanSiBeiKu
Senior |
30-Jun-2017 11:03
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" Chinese e-commerce giant Alibaba is ponying up US$1 billion (S$1.3 billion) to boost its stake in Southeast Asian online retailer Lazada, ahead of Amazon' s much-anticipated entry into the region. On Wednesday, Alibaba said it will increase its stake in the company from 51 per cent to about 83 per cent, bringing its total investment to over US$2 billion." Why ?? Thought YuuZoo has JV with Alisports but why Ah Jack don' t even bother to look at YuuZoo which has a mkt cap of approx US$45mm ? Any long term shareholders care to share their views on this ? |
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Demostation
Supreme |
28-Jun-2017 10:15
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To learn more about Yuuzoo and ask questions, don' t forget to attend the AGM Friday 7/7/17. Am sure many of the retail shareholders and longterm shareholders would be attending to fire some questions.     |
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eveheng
Member |
27-Jun-2017 10:23
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Inching up. Undervalue. Likely to chiong b4 07.7.17 above the bullish cloud, all the sevens. Heng nos. |
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DummyA
Senior |
24-Jun-2017 00:59
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Crappy website Yuuzoo are operating | ||||
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newbieliu
Elite |
23-Jun-2017 15:34
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one of the guys said it will maintain at 80.... so accurate mmm did he know any insider news lol
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Stanton
Veteran |
22-Jun-2017 16:55
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Does this means new CFO run road before AGM? Anyone knows?
Check out this job at YuuZoo Corporation: https://www.linkedin.com/jobs2/view/123627242 You can also check as linkin.
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Demostation
Supreme |
22-Jun-2017 16:45
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If 80 can sustain, tomorrow or next week, we can see good action before the AGM at International Business Park on 07/07/2017.   Fengshui numbers.   Good sign.
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Demostation
Supreme |
22-Jun-2017 16:24
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Some points in the case: Hecklerco claimed in July 2015 that Yuuzoo and its management knowingly made false statements that duped the investors into both buying tens of thousands of shares of Yuuzoo stock and making a $245,000 loan to the founder and former president of Yuuzoo, Ron Creeve. The investors claim that Yuuzoo grossly overstated its value at more than $380 million, inflated its sales figures and failed to tell investors that accounting irregularities had prompted the  U.S. Securities and Exchange Commission  to reject the company&rsquo s bid to trade publicly in the U.S. |
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Demostation
Supreme |
22-Jun-2017 16:14
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I briefly read the case, and the allegation of blowing up the account in order to secure the investment of $245K. Many parties were involved, the bank, Mcquarie Sec, Yuuzoo and its group.   Yes many people are overly sensitive to legal suit.   QTV share price was also a victim of a suit, but then they came out of it victorious.   Agreed that its share prices never recover from the onslaught, but then QTV has not made any money. Yuuzoo has profit on their books.   I want to be light in QTV but heavier in Yuuzoo.   Of course will be monitoring either of them. 
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sheerluck
Supreme |
22-Jun-2017 16:04
![]() Yells: "Work for your money first then let your money work for you" |
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I presumed you have not actually read that document?   It was more than just that.   There are some serious allegation about Yuuzoo manipulation its accounting to present a false picture luring in that investor.  
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Demostation
Supreme |
22-Jun-2017 15:48
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Given the circumstances, founder no longer with the company, and the money was advance on a pledge, it seems that the lender has an axe to grind for the sake of grinding.   Macquarie came of it, so it depends on Thomas Z and Wellfargo bank whether they wanted to come out of it.   just pay off and take back the shares with a small compensation, and forget about the whole matter.   I am sure it can be done.
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sheerluck
Supreme |
22-Jun-2017 15:41
![]() Yells: "Work for your money first then let your money work for you" |
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For that investors, it is that US$245k.   For existing investors now it is about the creditibility of Yuuzoo.   If the court rules in Hecklerco favour then it makes Yuuzoo fraudulous and SGX might need to suspend it for indepth investigation.   Yuuzoo didn' t disclose about this case when they were sued in July 2015 but were only interested in announcing deals and hyping up its hsare price with many huge but obivously impossible deals.   When mgmt blow trumpet on its deals and keep mum about lawsuit, it shows they are very one-sided. I am not sure why you still want to risk with this counter.   But take care and be ready to make tough decisions when needed. Since you are invested, do make time to attend their AGM and ask about this case. Gd luck!
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