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Tranforming to be a Healthcare Stock.. Good or Bad Post Reply Rate topic
lazybo777 Member	26-May-2022 12:40        lazybo777 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I view this as a positive news. If not next alternative is going bankrupt and shareholders end up with nothing. Hope the new player sees value and builds on the business. They seem legtimate compared to the previous management comprised of clowns.The next AGM we should bring up to the board to look into any wrongdoing from the previous management. They should be allowed to get off scot free with no accountability. I am sure the press will be interested as it involved the previous PM son. Maybe we should also inform the press.
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Laggard Senior	25-May-2022 15:34        Laggard About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	A lifeline coming in for this sick baby? Good or bad news? I think with the status today very little choice. Shareholders need to take a huge haircut if voting for, what a value destruction. https://links.sgx.com/1.0.0/corporate-announcements/0ALTYMBBNXJRT4JY/874fee6359ece154693124a466744b0389e47740458bc6bcd698a45d68c44ea9
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lazybo777 Member	10-May-2022 17:04        lazybo777 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The previous management really screw things up. Even if the back mountain very strong , what you are suggesting is nepotism. No wonder they were investigated by CAD. The CAD also no sound. Like the investigation just died. lets see how the suspension is lifted if not we better alert the authorities or the press. Something is fishy. Is there any share price manipulation to 1 dollar then it crash? who knows . After so many acquisitions, still losing money . Who is siphoning the money? Dont make any sense.  Either there is severe mismanagement or sommething criminal. SGX and SIAS should conduct an investigation. Something dorghy going around.
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ahberngh Veteran	25-Jan-2022 19:20        ahberngh About Contact  Quote this Post!
x 0   x 0  Alert Admin	This one, I kena blue black. Fingers crossed maybe can recover something, otherwise complete write-off.
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ahberngh Veteran	25-Jan-2022 19:16        ahberngh About Contact  Quote this Post!
x 0   x 0  Alert Admin	difficult lah, back mountain very strong. lazybo777      ( Date: 25-Jan-2022 17:13) Posted: The suspension is taking very long. It seems the previous management really screw things up. What a bunch of clowns. No respect for shareholders equity whatsoever. So many bad decisions made with zero accountability, I mean SGX is really sleeping. SGX should police such companies and take to task errant managements. Even a blind know knows that this company was mismanaged so badly.
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lazybo777 Member	25-Jan-2022 17:13        lazybo777 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The suspension is taking very long. It seems the previous management really screw things up. What a bunch of clowns. No respect for shareholders equity whatsoever. So many bad decisions made with zero accountability, I mean SGX is really sleeping. SGX should police such companies and take to task errant managements. Even a blind know knows that this company was mismanaged so badly.
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Laggard Senior	01-Jan-2022 18:04        Laggard About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	The focus now Going Concern. I believe the  AI story will not help if they cannot find a way out this round. This suspension may not come out if they cannot a way to structure their debt. Looks very much like a gone case.
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pratagosong Member	30-Dec-2021 11:22        pratagosong About Contact  Quote this Post!
x 0   x 0  Alert Admin	What happen to the AI story? exCEO going back to healthcare? pratagosong      ( Date: 08-Mar-2021 14:06) Posted: Yes, same old story. Surprised SGX allow that quality of response to be released. Ended with big disclaimer on BT article after selling shares for almost 2 months. Debts owed by ex-director company and never pay (who?), prepayment for vessel is most likely gone with liquidation in process, cash probably stuck in PRC not earning interest and cannot use that' s why need bridging loan (SGX should have asked them to indicate where are the cash held and why they need to borrow when they have so much cash). Bridging loan cannot repay how? And the big question is WHY IS BRIDGING LOAN  NON-CURRENT??? put 10m cash with no interest and take bridging loan at xx%?  100% cap raise coming the way they worded the response. Why SGX never ask them to present continuing and discontinued operations in their income statement since the plan to divest is already announced in December 2020???? Like that can see if healthcare is really profitable. Not audited so CFO act blur or really not required to present? You have to pray for a white knight to appear to agree to put in money above 10cents. Tread carefully and hope you make money.  DYDD.
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baboonstrike Member	19-Nov-2021 13:31        baboonstrike About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://links.sgx.com/FileOpen/NSG%20annct%20-%20Voluntary%20Trading%20Suspension.final.ashx?App=Announcement& FileID=691156 ​ The Company will be appointing a financial consultant to, inter alia, undertake a review of the Company&rsquo s existing businesses and financials and to assist the Group with any debt restructuring and plans to improve the financial position and/or performance of the Group. Accordingly, the Company also wishes to announce that it has requested for a voluntary suspension of the trading of its shares and related securities with immediate effect. The Company wishes to emphasise that this is a voluntary suspension pursuant to Rule 1302 of the Singapore Exchange Securities Trading Limited Listing Manual. The Company will seek to lift the trading suspension as soon as it is appropriate to do so without compromising the interests of all stakeholder groups. lazybo777      ( Date: 18-Nov-2021 12:18) Posted: Anyone knows what is going on? Company is voluntary suspended Good or bad news?
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lazybo777 Member	18-Nov-2021 12:18        lazybo777 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Anyone knows what is going on? Company is voluntary suspended Good or bad news?
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Immotion Member	18-Aug-2021 14:38        Immotion About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Price keep dropping.  Anyone will comment if they are not going to be able to manage current crisis as a going concern? Price action seem to be saying they cannot manage.
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ahberngh Veteran	19-Jun-2021 09:11        ahberngh About Contact  Quote this Post!
x 0   x 0  Alert Admin	Something wrong in the posting below, it did not come out as what I type??? Let me re-post: Yes, like you, I have mentally prepared for a complete loss. The main hope is that they can ride over the present problems and wait  for the new healthcare path to work. I don' t believe much in a white knight. Any white knight will probably be a shark who will take advantage of the situation and buy in at lelong price. Wait and see and keep fingers crossed that they can survive the current crisis. Have to depend on the CEO to be strong and capable. ahberngh      ( Date: 19-Jun-2021 09:03) Posted: Yes, like you, I have already mentally prepared fopr a complete loss. The main hope is that in a white knight. Any white knight will probably be a shark who will take advantage of the situation and buy in at lelong price. Wait and see and keep fingers crossed that they can survived the current crisis. Immotion      ( Date: 17-Jun-2021 18:07) Posted: I hope things can what is described. For someone like me who already vested in the counter, now it is the mental preparation for the worst case, the counter get suspended - Write off. Nothing much to do, not putting in more money. SGX been questioning them multiple times, that is a obvious Red Light for all. First for anyone planning to get into this counter, I think it better off waiting for them to get over this crisis. For current shareholders (like me) let pray hard they can overcome this storm or a real White Knight showing up to save the beauty.      Again my 2 cnets
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ahberngh Veteran	19-Jun-2021 09:03        ahberngh About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, like you, I have already mentally prepared fopr a complete loss. The main hope is that in a white knight. Any white knight will probably be a shark who will take advantage of the situation and buy in at lelong price. Wait and see and keep fingers crossed that they can survived the current crisis. Immotion      ( Date: 17-Jun-2021 18:07) Posted: I hope things can what is described. For someone like me who already vested in the counter, now it is the mental preparation for the worst case, the counter get suspended - Write off. Nothing much to do, not putting in more money. SGX been questioning them multiple times, that is a obvious Red Light for all. First for anyone planning to get into this counter, I think it better off waiting for them to get over this crisis. For current shareholders (like me) let pray hard they can overcome this storm or a real White Knight showing up to save the beauty.      Again my 2 cnets
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Laggard Senior	19-Jun-2021 08:31        Laggard About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	No avalanche but slowww death, bit by bit. We might see sub 10 next week.
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Immotion Member	17-Jun-2021 18:07        Immotion About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	I hope things can what is described. For someone like me who already vested in the counter, now it is the mental preparation for the worst case, the counter get suspended - Write off. Nothing much to do, not putting in more money. SGX been questioning them multiple times, that is a obvious Red Light for all. First for anyone planning to get into this counter, I think it better off waiting for them to get over this crisis. For current shareholders (like me) let pray hard they can overcome this storm or a real White Knight showing up to save the beauty.      Again my 2 cnets
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lazybo777 Member	17-Jun-2021 16:25        lazybo777 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The letter of demand is asking ard 9 plus million. Their cash holdings is ard 6 plus million. shortfall of ard 3 million excluding freefloat. There is no inventive for the creditors to liquidate NSG like Hflux. They will get back less that what they are owned. I am pretty sure they will restucture their debt if  Shanghai Fengwei and the rest of the healthcare division is profitable. 3 million is a small amount looking at the earning potential. Will you kill the goose that lay the golden eggs? The letter of demand is actually good for people who wants to pick up cheap shares. I mean this is my 5 cents worth also. Pls do your own DD. With all investments comes risk. I dont know why I prefer such counters with a high risk reward. Remember that last share consodidation was at 50 cents. The oil division was crap which they did not get rid of in time.
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Immotion Member	17-Jun-2021 15:19        Immotion About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Like you I am also vested in early days, probably simialr case like you. I am not sure if the current management can be any good, well, time will tell. As you probably agree when you buy into the counter when GJH came into picture, it is around the trust factor. So now another young Dr. helm as CEO.... ? Ok, time will tell but definitely not a sure positive situation.  I agreed many MOUs lately but are these initiatives really going to bear fruit and lead to feasible business? The so call their partners are really interested in them, why them? Yes, this crisis can bring them all down, till they clear this big crisis/burden this counter is very risky bet. It is not just SGX questioning but in reality can they really manage the Demand Letter. My 2 cents view,
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ahberngh Veteran	17-Jun-2021 14:12        ahberngh About Contact  Quote this Post!
x 0   x 0  Alert Admin	I am vested since many years ago (when Dr Goh first took over), am deeply under water and hurting . In fact, in a way, I have more or less written off this investment. However, my thinking is similar to yours. The present CEO seems to be capable. If they can tide over the present crisis-like situation with SGX continually asking them if they are still a going concern, and if the health care business take off, the price will shoot up as the total number of shares is quite small, about 200+ million. If they can ride out the current shaky circumstance, I may buy more to average down because my cost price is too high. lazybo777      ( Date: 17-Jun-2021 13:46) Posted: I agree the price is cheap now, given there was share considation. Of course there is risk in the company financials, but if they get their act together, the price will rocket. The float is very small so a sharp increase in share price is not difficult. The previous management and board was really screwed up.If they manage to turn into a medical techolonlogy company like what i am seeing and hoping with all the MOUs,  the share price will moon for sure. Investors like this story and I think the healthcare industry will go towards this direction. Worth a punt in this company. The risk-reward ratio is worth it Miracle-      ( Date: 09-Jun-2021 10:42) Posted: Buy in, thank me later. 10-40% gain
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lazybo777 Member	17-Jun-2021 13:46        lazybo777 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I agree the price is cheap now, given there was share considation. Of course there is risk in the company financials, but if they get their act together, the price will rocket. The float is very small so a sharp increase in share price is not difficult. The previous management and board was really screwed up.If they manage to turn into a medical techolonlogy company like what i am seeing and hoping with all the MOUs,  the share price will moon for sure. Investors like this story and I think the healthcare industry will go towards this direction. Worth a punt in this company. The risk-reward ratio is worth it Miracle-      ( Date: 09-Jun-2021 10:42) Posted: Buy in, thank me later. 10-40% gain
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Immotion Member	10-Jun-2021 15:09        Immotion About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Everytime bad news came or coming, they made PR news (MOU with Huawei, MOU SenseTime......the list can go on).  All these MOUs easily signed, are the other party serious? Check Huawei and SenseTime website on their Investor PR, nothing mentioned.  If they can convert one of the MOU to working Agreement then I  . Till then is a story.  Miracle-      ( Date: 09-Jun-2021 09:38) Posted: New PR upcoming, buy while you can
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