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Cash rich sleeping beauty

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nqing87
    26-Feb-2015 20:47  
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dunno if this should be under sgx scope of regulating or not.. who' s gonna protect the investors if no one probe about fishy balance sheet.. they are supposed to be regulatory body, but i wonder what does the regulatory dept (if there is in 1st place) does besides having automated query on counters with abnormal volume or price movement.. 

jwong016      ( Date: 26-Feb-2015 16:44) Posted:



SSH selling. Pope asset mgmt. trade with care this hk stock. i believe that what u suggested is highly possible, so avoid :) 

nqing87      ( Date: 26-Feb-2015 09:13) Posted:



this is weird.. so much cash, still need to raise HKD 12mil in 2014? no reason is specified & explain regarding this borrowing.. sgx should query a bit at least, when there' s company which is cash rich, but do not give out dividend at all.. always remember the classic eratat example.. high NAV & cash, no dividend given, end up fraud.. not vested, just saying what i see which is weird & doesnt make sense..


 
 
Zokune
    26-Feb-2015 20:38  
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ya...this kinda of coy realli reminds me.

suka suka, out of nowhere come news saying what manger or who take money run away lah..this kind of nonsense!

 
 
 
jwong016
    26-Feb-2015 16:44  
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SSH selling. Pope asset mgmt. trade with care this hk stock. i believe that what u suggested is highly possible, so avoid :) 

nqing87      ( Date: 26-Feb-2015 09:13) Posted:



this is weird.. so much cash, still need to raise HKD 12mil in 2014? no reason is specified & explain regarding this borrowing.. sgx should query a bit at least, when there' s company which is cash rich, but do not give out dividend at all.. always remember the classic eratat example.. high NAV & cash, no dividend given, end up fraud.. not vested, just saying what i see which is weird & doesnt make sense..

edwinjup      ( Date: 26-Feb-2015 06:44) Posted:



Ha..hk boss very short sighted.....giving the nav around 68c and net cash on hand 32c..share price only 16c..kingboard   is totally under value....look at valuetronic....share price much higher than kingboard....anyone know how to " force" the company to " dissolve" and distribute the cash to shareholders..? 


 

 
sunwukong
    26-Feb-2015 16:42  
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will it get delisted since below 20cts?
 
 
nqing87
    26-Feb-2015 09:13  
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this is weird.. so much cash, still need to raise HKD 12mil in 2014? no reason is specified & explain regarding this borrowing.. sgx should query a bit at least, when there' s company which is cash rich, but do not give out dividend at all.. always remember the classic eratat example.. high NAV & cash, no dividend given, end up fraud.. not vested, just saying what i see which is weird & doesnt make sense..

edwinjup      ( Date: 26-Feb-2015 06:44) Posted:



Ha..hk boss very short sighted.....giving the nav around 68c and net cash on hand 32c..share price only 16c..kingboard   is totally under value....look at valuetronic....share price much higher than kingboard....anyone know how to " force" the company to " dissolve" and distribute the cash to shareholders..? 

KAMAL0883      ( Date: 25-Feb-2015 18:16) Posted:



this one is ah gong counter ....over 20 years if am not wrong...

the Hongky bosses very bad and very cunning ....be careful

 


 
 
edwinjup
    26-Feb-2015 09:10  
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Ya..think shareholders should accept the delisting offer of 23c if the boss put up again...and tell him go back hk..lol

Novice13      ( Date: 26-Feb-2015 09:05) Posted:

Even this stock is undervalued but it is a inactive counter where its daily trading volume is very low. So it will be difficult to trade this counter.

edwinjup      ( Date: 26-Feb-2015 06:44) Posted:



Ha..hk boss very short sighted.....giving the nav around 68c and net cash on hand 32c..share price only 16c..kingboard   is totally under value....look at valuetronic....share price much higher than kingboard....anyone know how to " force" the company to " dissolve" and distribute the cash to shareholders..? 


 

 
Novice13
    26-Feb-2015 09:05  
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Even this stock is undervalued but it is a inactive counter where its daily trading volume is very low. So it will be difficult to trade this counter.

edwinjup      ( Date: 26-Feb-2015 06:44) Posted:



Ha..hk boss very short sighted.....giving the nav around 68c and net cash on hand 32c..share price only 16c..kingboard   is totally under value....look at valuetronic....share price much higher than kingboard....anyone know how to " force" the company to " dissolve" and distribute the cash to shareholders..? 

KAMAL0883      ( Date: 25-Feb-2015 18:16) Posted:



this one is ah gong counter ....over 20 years if am not wrong...

the Hongky bosses very bad and very cunning ....be careful

 


 
 
edwinjup
    26-Feb-2015 06:44  
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Ha..hk boss very short sighted.....giving the nav around 68c and net cash on hand 32c..share price only 16c..kingboard   is totally under value....look at valuetronic....share price much higher than kingboard....anyone know how to " force" the company to " dissolve" and distribute the cash to shareholders..? 

KAMAL0883      ( Date: 25-Feb-2015 18:16) Posted:



this one is ah gong counter ....over 20 years if am not wrong...

the Hongky bosses very bad and very cunning ....be careful

 

 
 
KAMAL0883
    25-Feb-2015 18:16  
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this one is ah gong counter ....over 20 years if am not wrong...

the Hongky bosses very bad and very cunning ....be careful

 
 
 
edwinjup
    25-Feb-2015 17:25  
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Kingboard profit up 175%...to hk$22m...cash on hand hk$ 1329m.....debt almost zero...mgt play tough after shareholders refuse to sell assets and take over offer at 23c......i just wanna how to remove the "boswee" mgt.team....
 

 
edwinjup
    09-Feb-2015 11:39  
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Bought back some....ubs sold down during blackout period....lol

edwinjup      ( Date: 29-Jan-2015 11:50) Posted:

If got good profit...i will drink kopi....and q to buy back again....just tikam tikam

jwong016      ( Date: 29-Jan-2015 11:44) Posted:



went to read up on this company previously too... hk based.. was thinking that accounting policy wise maybe no fraud like china... but im just worried by SSHs are not buying every dollar at 50c.. assets free.. BUT ARE SELLING... \ 

 


 
 
edwinjup
    29-Jan-2015 11:50  
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If got good profit...i will drink kopi....and q to buy back again....just tikam tikam

jwong016      ( Date: 29-Jan-2015 11:44) Posted:



went to read up on this company previously too... hk based.. was thinking that accounting policy wise maybe no fraud like china... but im just worried by SSHs are not buying every dollar at 50c.. assets free.. BUT ARE SELLING... \ 

 

 
 
jwong016
    29-Jan-2015 11:44  
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went to read up on this company previously too... hk based.. was thinking that accounting policy wise maybe no fraud like china... but im just worried by SSHs are not buying every dollar at 50c.. assets free.. BUT ARE SELLING... \ 

 
 
 
edwinjup
    29-Jan-2015 11:40  
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Thanks...ya i am aware pope sold.250 lots at 17.4c in nov 2014 ....but what interest my broker the increase trading activitiy.....just tikam tikam...

jwong016      ( Date: 29-Jan-2015 11:18) Posted:



SSH Pope asset management sold shares on 20 nov 2014. 

cash alone double current market cap.... questionable?

edwinjup      ( Date: 29-Jan-2015 11:03) Posted:

Found out more infos...
Ipo at 53c...yet wan to delist at 23c...shareholders reject the offer
After shareholders reject the offer...mgt try to sell cash cow assets to own company....shareholders rejected and went for court case...court case still pending...if shareholders win...hosay...but if fail......maybe 23c just accept....
Pls dont follow me...i just follow my broker footstep..tikam.onl


 
 
jwong016
    29-Jan-2015 11:18  
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SSH Pope asset management sold shares on 20 nov 2014. 

cash alone double current market cap.... questionable?

edwinjup      ( Date: 29-Jan-2015 11:03) Posted:

Found out more infos...
Ipo at 53c...yet wan to delist at 23c...shareholders reject the offer
After shareholders reject the offer...mgt try to sell cash cow assets to own company....shareholders rejected and went for court case...court case still pending...if shareholders win...hosay...but if fail......maybe 23c just accept....
Pls dont follow me...i just follow my broker footstep..tikam.only

edwinjup      ( Date: 29-Jan-2015 09:52) Posted:

Cash in hand...$0.2836....nav $0.6443..major shareholder control 65%...pope asset funds is fighting with major shareholder to raise the takeover price of $0.23..say it is too low.....
Recommend by my broker to tikam some.after sold some of my shs w...still checking why so cheap....


 

 
edwinjup
    29-Jan-2015 11:03  
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Found out more infos...
Ipo at 53c...yet wan to delist at 23c...shareholders reject the offer
After shareholders reject the offer...mgt try to sell cash cow assets to own company....shareholders rejected and went for court case...court case still pending...if shareholders win...hosay...but if fail......maybe 23c just accept....
Pls dont follow me...i just follow my broker footstep..tikam.only

edwinjup      ( Date: 29-Jan-2015 09:52) Posted:

Cash in hand...$0.2836....nav $0.6443..major shareholder control 65%...pope asset funds is fighting with major shareholder to raise the takeover price of $0.23..say it is too low.....
Recommend by my broker to tikam some.after sold some of my shs w...still checking why so cheap....

 
 
edwinjup
    29-Jan-2015 09:52  
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Cash in hand...$0.2836....nav $0.6443..major shareholder control 65%...pope asset funds is fighting with major shareholder to raise the takeover price of $0.23..say it is too low.....
Recommend by my broker to tikam some.after sold some of my shs w...still checking why so cheap....
 
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