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ChinaGaoxian
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medivh
Elite |
15-Apr-2011 16:04
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As I have posted before, HE needs to gather more sugar and honey to sweeten all investors up before he can have any AGM. This is call damage control. By then also, most investors will not even remember having " hate" or " worries" when it was first suspended.. haha | ||||
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james87
Veteran |
15-Apr-2011 14:55
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the extend of the AGM can still drag on....as stated that the company can request for AGM to be further extended. I have been wondering if the Audit would actually be ready before June. |
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louis001
Master |
14-Apr-2011 12:06
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in court of law, it is " innocent until proven guilty" ..even though  people know very clear very well one killed  or beaten up or cheated somebody....  they have to prove all the facts in court. on the other hand, " guilty unless proven innocent" apply in  business world,,, most of the times, people are trying to make money out of you, money come first, unless proven otherwise, you know what i mean...  oh...it's lunch time, come, where's your favourite restaurant, i buy you lunch...
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medivh
Elite |
14-Apr-2011 11:32
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That is why.... what I said previously is not from the perspective of " i" . lots of ppl here holding hundreds and thousands of lots (CGX)  are desiring for the best, and its always the case.. desires  vs. reality.
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belgeran
Veteran |
14-Apr-2011 11:20
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~.. in otherwords.. question whatever they say, cast doubts over what they say. Also pretty much  " guilty unless proven innocent" ... ? |
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louis001
Master |
14-Apr-2011 10:23
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hahaha.....if I remember correctly,    " i"   refer to most but not all of them, stock analysts, actor/actress, politician, entertainers, company directors and senior management,,,,in this case, most relevant one here will be stock analysts, company directors/senior management   lah, you know what i mean...
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medivh
Elite |
14-Apr-2011 09:57
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too " chim" ,  free to enlighten? 
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louis001
Master |
14-Apr-2011 09:45
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once I  read this from somewhere sometimes ago, : what i say, i don't mean, what i mean, i don't say, what i know, i don't tell, what i tell,  i don't do, what i do, i don't say,,,,,  go back to the first line, what i say ?.... |
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medivh
Elite |
14-Apr-2011 09:30
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You know and I know can already. (," ) (" ,)
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rotijai
Supreme |
14-Apr-2011 09:23
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the positive minded are those who vested.. those negative minded are those who 'wanted to buy but didnt buy and feel lucky tat they didnt buy'..
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medivh
Elite |
14-Apr-2011 08:59
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Everyone has a different " feel" to how to interpret the news... the positive minded will say all is good.. no worries .. business as usual.. good to think positively :) keeps you alive. |
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Vanpersie
Member |
13-Apr-2011 23:27
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How come I read differently: -It is business as usual in China. -The CEO denied embezzlement of funds, he defensed his move to go ahead with the expansion project citing cotton price fluctuation as the main reason. -The management is trying to clean up the audit problems. Anyone who contact the PR please share what has been told... |
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medivh
Elite |
13-Apr-2011 20:25
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All I can gather is this in summary ------------------------------- 1) They (auditors) cannot ascertain where the money is even till now.. they are still searching high and low (biscuit tin cans, and even in cotton yarns perhaps) 2) Some one mentioned money MIGHT be swallowed up ( Chaohsyangbin junggukgoseom representative denies embezzlement, and are known to be installed... zzz this sentence with so many gramatical mistakes) 3) More delays... no AGM likely (China said the island's request to postpone the request is accepted, the deadline for submission of audit reports will be delayed 16 days in June) Basically one word.. this is all a load of " BULL SH**"
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stan19
Member |
13-Apr-2011 20:17
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...... pratically unreadable~~  
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PowerReloaded
Member |
13-Apr-2011 16:31
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Latest update from korean website translate using google. Daewoo 证 " during normal business transactions can be suspended Up until the 6" (AP) reporter = gwakseyeon been halted stock trading 16 trading days, we do not hear news of the normalization so that investors' My heart was sutdeunggeolyi.     Singapore shares traded last month, 21 days in circumference, and a slump in the stock trading had been suspended following day, 10 am to 22 days suspended trading in shares sikkebuteo measures have made our country junggukgoseom [950,070] story.     Events which the Company was quiet due teojyeotneunde Minister investors is increasing. What Is the current state of China, said the island.     South Korea hosted the 13th sign of Daewoo Securities Exchange and the words of the apparently, had no problem. The plant to go smoothly, who is selling steadily.     Korea Exchange, the Singapore Exchange and real-time information sharing is gongjohae. Daewoo Securities lawyers, accountants The pawn Task Force (TF) and more than 10 people packed into preparing.     Daewoo official said, " Come to visit the issue became a subsidiary factory is fully up and running. Loading and shipment is made, representatives of participation in China is held in the polyester konreopeonseue. Accounting and without regard to words, but a business there seems no problem, " he said.     Chaohsyangbin junggukgoseom representative denies embezzlement, and are known to be installed.     " I personally do not have any money embezzled. Illustration project would normally be referred to shareholders, but to do so takes a long time. At the time cotton prices have climbed to a state convention without a pre-paid funds. That was the accounting discrepancies" I met him, he explained that it is their message.     Video projects annually spend 340 billion won to 400,000 t-scale high performance polyester PET chip production facilities and raw material to build a new facility is a large investment project. Procured from domestic public funds of 210 billion won will be put on here.     Chao Shang empty the " embezzlement of public funds do not go away if you Shall. Himsseugetda in resolving the situation. Images are confident that the project proceed without delay," saying that the securities industry officials said.     Daewoo Securities said the Chinese people on the island of directors elected to ask for a certain agreed upon condition.     The most worrying part of investors that the Chinese give way to keep the island's listing.     Korea Exchange official, " The fact delayed the deadline to submit the audit report is out over time, rather than transparent bangchimin seems to clean up accounting problems," he explained.     China said earlier this month to 30 days before the island was no shareholders' meeting held June 30 to extend the deadline for having made disclosures that apply to the Singapore Stock Exchange.     Chinese textile companies in China that the island into a subsidiary holding company based in Singapore, in January this year in the securities market Depositary Receipts (KDR) was listed as a 2nd.     Look at the state convention held in Singapore Commercial deadline April 30 ilyimyeo the state convention shall be submitted 14 days prior audit report. China said the island's request to postpone the request is accepted, the deadline for submission of audit reports will be delayed 16 days in June.     Singapore Island on July 22 that China shares listed on the circumference of the action being stopped trading late in the country know the truth, there were ripples. Add 25 days after the disclosure of an external audit of the bank's subsidiaries have been described that has been disrupted.     Daewoo official said, " Singapore is a developed market stock market than I hasten to resume trading solve all the problems will be clean. The worst that could happen is the deal in June. Organizers to resolve the situation as a dutiful, investors junggukgoseom before selling the shares do not work, " he said. Daewoo Securities and Hanwha Securities traded in the domestic markets offer 8.3 million shares, respectively tteoanah midalhan junggukgoseom shares (58.2 billion won worth), 4.3 million shares (worth 38 billion won) holds |
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Vanpersie
Member |
13-Apr-2011 00:35
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The extension is expected on the ground that the expanded audit can not be completed in time... But it is in fact a calculated move reason being: CGX will face a sell-down if it is relisted to early The  market sentiment is poor now It will be definitely a better timing to make a comeback in Jun  after CGX reports its first quarter results with strong profits (this is highly likely as the management kept saying that the funds invested would only yield results starting from Q1 2011), and hopefully with announcement of some big deals secured. The appointment of PR is also welcome by the investors with some relief, but I just wonder what the guys can tell us, or rather what we should ask? What happened to the unaccountable cash? When can the  suspension lifted? I believe these are the 2 FAQ but without answers. Probably  I will ring them up and  say: there is no point you console me or tell me something that is already known, what do you have to tell  me that is not announced by CGX  in public? Anyone who contacted the PR, please share with us...  |
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james87
Veteran |
12-Apr-2011 21:47
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stated in SGX website...
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stan19
Member |
12-Apr-2011 20:56
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wats the purpose?? to console investers? So they can drag further? or.......
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gary88
Member |
12-Apr-2011 20:34
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http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_1D42565D9A1ADC1448257870002D7E90/$file/Gaoxian_ApptIRA.pdf?openelement
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stan19
Member |
12-Apr-2011 20:20
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ya extend 2 months... gdi... how u know they appointment consultant to answer queries???
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