Latest Posts By Peter_Pan
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About Peter_Pan
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| 29-Aug-2013 11:47 |
F & N
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F&N
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thaibev to benefit? bee tung? | ||||
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| 29-Aug-2013 11:22 |
Midas
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Midas
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wave c completed. gd luck. | ||||
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| 29-Aug-2013 11:18 |
Olam Intl
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OLAM_OLAM
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Yah maybe. More borrowings equal more debts. Higher gearing ratios.
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| 29-Aug-2013 11:09 |
Olam Intl
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OLAM_OLAM
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Muddy Waters strikes again? | ||||
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| 29-Aug-2013 10:37 |
Vard
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Vard Holdings
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Likely they have reversed their algos to add on sell. | ||||
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| 29-Aug-2013 10:32 |
Vard
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Vard Holdings
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Foreign brokerages are inside controlling | ||||
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| 29-Aug-2013 10:26 |
Vard
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Vard Holdings
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Did some heavy accumulation yesterday. | ||||
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| 29-Aug-2013 09:55 |
Vard
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Vard Holdings
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Coming back to life. | ||||
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| 29-Aug-2013 09:29 |
China Minzhong
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China Minzhong Food forum
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Monday will be a showdown between the professional shortists and the big shareholders. | ||||
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| 29-Aug-2013 08:42 |
China Minzhong
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China Minzhong Food forum
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Trading halt should be lifted next monday. | ||||
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| 29-Aug-2013 08:34 |
China Minzhong
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China Minzhong Food forum
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China Minzhong says short-seller misunderstands its business model SINGAPORE, Aug 29 (Reuters) - Food producer China Minzhong Food Corp Ltd issues raised by a short seller this week are not new and are based on a misunderstanding of its business model. On Monday Glaucus Research published a 49 page report alleging Singapore-listed China Minzhong fabricated details about two of its biggest customers and overstated its revenues in its listing prospectus. Shares in the food producer fell as much as 50.7 percent after the report was released on Monday before trading in the stock was suspended two hours later. China Minzhong said it plans to issue a detailed response to the allegations. " The company would seek to substantiate in its detailed response to the report that its financials are sound and that there were no fabricated sales or alleged cover up by the company," China Minzhong said in a statement. The company said it has also delayed the publication of its full year results from Thursday morning to Thursday evening so that it has more time to address the issues raised by Glaucus. California-based Glaucus disclosed that it had a short or indirect short position in the company. |
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| 28-Aug-2013 22:26 |
China Minzhong
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China Minzhong Food forum
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As this CMZ is covered by quite a number of brokerages, many of their clients must have bought, those big hands one might even have a few hundred or thousands lots.
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| 28-Aug-2013 21:39 |
China Minzhong
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China Minzhong Food forum
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Looks like most of the shorts are covered-shots by the BBs. Like that won't involved SGX buy-in or penalty.
Prior to Glaucus's report released, BBs had already borrowed scripts to shot heavily. |
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| 28-Aug-2013 19:57 |
Midas
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Midas
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Patience..railway developments are developing well..got some positive developments going on..said before entry on retracement..BBs bought high from me..they need to average down..else lugi..today entry more oishii
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| 28-Aug-2013 19:23 |
China Minzhong
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China Minzhong Food forum
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Can the management come out with a strong defense on every single allegations and lift the halt before market opens tomorrow? Trading halt cannot exceeds 3 days. | ||||
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| 28-Aug-2013 18:04 |
China Minzhong
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China Minzhong Food forum
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Can any experienced bros/siss enlightened bro teeth53?
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| 28-Aug-2013 17:55 |
China Minzhong
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China Minzhong Food forum
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Umm..what do u mean TP is -3 cents?
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| 28-Aug-2013 17:11 |
China Minzhong
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China Minzhong Food forum
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If trading halt not lifted tomorrow, this counter will be suspended. | ||||
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| 28-Aug-2013 16:05 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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US markets look set to stage a rebound rally tonight. | ||||
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| 28-Aug-2013 00:32 |
Midas
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Midas
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China?s biggest trainmakers said sales and profit fell in the first half after the nation delayed orders for bullet trains.
CSR Corp. (1766), the country?s biggest trainmaker and a partner of Bombardier Inc. (BBD/B), and China CNR Corp. said China?s economic slowdown also damped operations in the period. China CNR expects a ?steady growth? in the second half as state-run China Railway Corp. has opened a tender for 91 bullet trains, ending a two-year order hiatus. The purchase comes after the government pledged last month to speed up rail investment to promote urbanization and help boost economic growth. ?The trainmakers were adversely affected by the lack of new orders in the first half,? said Xu Minle, a Shanghai-based analyst at Bank of China International Ltd. ?Looking ahead, things will be better as the tenders for trains have begun and the government has voiced its support for the rail system.? China Railway?s bullet-train tender announced this month is part of the more than 50 billion yuan ($8.2 billion) that will be spent on new trains by the company. Expansion of the nation?s high-speed network, which includes the world?s longest line, has lured passengers from airlines, prompting China Southern Airlines Co. and Air China Ltd. to offer discounted fares. China aims to have a high-speed train system comprising four north-to-south and four east-to-west lines covering 90 percent of the population by 2020. The east-west networks are under construction, while Beijing-Guangzhou is one of three north-south lines in service. Affected by Slowdown ?The operation of the company was to a certain extent affected by the slowdown in the economy of China and the delay in the tender invitation of its major customers,? CSR said in a filing to the Hong Kong stock exchange yesterday. The company?s net income declined 24 percent to 1.46 billion yuan, the Beijing-based trainmaker said. China CNR?s profit fell 5.4 percent. China?s economic growth slowed for a second straight quarter to 7.5 percent in the three months ended in June, extending the longest streak of expansion below 8 percent in at least two decades. CSR, which builds high-speed trains on its own and in a venture with Bombardier, gained 2.2 percent to HK$5.93 at the close in Hong Kong trading yesterday, before the earnings announcement. China CNR gained 0.2 percent in Shanghai. China split the Ministry of Railways into two in March as the nation?s new leaders sought to pare bureaucracy and eliminate graft in a department that had more than 2 million employees and 2.8 trillion yuan in debt. Some administrative functions went to the Ministry of Transport? State Railway Administration and China Railway took over commercial operations. |
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