Latest Forum Topics / $ Chasen | Post Reply |
prospects of this company
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cross567
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17-Nov-2008 23:00
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Haiz now proposed for buy back, is it good?? any expert can advise, future ok bo, book look ok....... |
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edwardmah42
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04-Sep-2008 22:10
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hmmm this share no movement for very long...and no information when the consolidation, any advice? | ||||
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edwardmah42
Member |
01-Aug-2008 15:23
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any1 went the agm & egm?? did they say when the closure date for the consolidation of shares?? did they say anything else regarding share price after consolidation? | ||||
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des_khor
Supreme |
18-Jul-2008 11:38
Yells: "Tell me who is the God or MFT from this forum??" |
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tell the board to give dividend let's say 0.01 ct ??? | ||||
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robinlim
Member |
18-Jul-2008 11:06
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To all poor fellow investors, lets attend the coming EGM on 31st July & voice your concerns! See you!
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q10activator
Member |
16-Jul-2008 19:47
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Check out the recent AGM agenda announced on SGX. Apparently, my speculations about how management can still profit depite price drop in shares is not far from the truth... After failing to improve share price, the management still have the cheek to pay themselves bonuses, "consistent with the Company’s objectives to motivate its employees to achieve and maintain a high level of performance and contribution which is vital to the success of the Company." By issuing share rights and new shares even before the consolidation is completed, the company is obviously making full use of shareholders money to generate cashflow for new acquisition, while only paying a measely 0.4% return on investment to shareholders. SGX should investigate this company, auction off its assets and pay off us shareholders whose share value are continually eroded away by the management's actions.
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edwardmah42
Member |
15-Jul-2008 11:57
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they acquire a new company by issuing even more shares -.-" at tis time when gg through consolidation...haix..tink will worsen the situation? | ||||
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q10activator
Member |
03-Jul-2008 13:41
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The major shareholders of this company are the directors. Now they are consolidating because they say it is expensive for the shares to be traded at such low prices, probably because of the huge volumes per transaction. If they save this money, they can still pay it to themselves as a form of bonus for helping the accounts to look better on paper, wouldn't they? So technically, they can offset any paper losses from the fall in shareprices this way. Furthermore, although I am not 100% sure about this, I hear that directors possess most of their shares only via share rights issues as reward for their performances. In this case, these directors would hardly suffer any losses, because they didn't even pay the half cent per share like the small fry share holders.
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lawcheemeng
Master |
03-Jul-2008 13:16
Yells: "fly me to the mooon" |
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can some sifu enlighten me pse? major share holder loose more than small fry rite. after the consolidation. why they want to do it? or this the only chance for the share to move up.of course also chance to dip further.??????? |
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edwardmah42
Member |
03-Jul-2008 09:32
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the unavoidable came at last | ||||
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finstk
Member |
02-Jul-2008 21:12
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Hi Friends,
IN-PRINCIPLE APPROVAL FOR THE PROPOSED SHARE CONSOLIDATION OF EVERY 100 ORDINARY SHARES IN THE CAPITAL OF CHASEN HOLDINGS LIMITED (THE “COMPANY”) HELD BY SHAREHOLDERS OF THE COMPANY AS AT A BOOKS CLOSURE DATE TO BE DETERMINED, INTO ONE (1) ORDINARY SHARE (THE “CONSOLIDATED SHARES”) IN THE CAPITAL OF THE COMPANY (THE “PROPOSED SHARE CONSOLIDATION”) Where capitalised terms are used in this announcement and not otherwise defined, such capitalised terms shall bear the same meanings as ascribed to them in the Company’s announcement on 12 June 2008 relating to the Proposed Share Consolidation. Further to the Company's announcement on 12 June 2008 relating to the Proposed Share Consolidation, the Board of Directors is pleased to announce that the Company has on 2 July 2008 received the in-principle approval of the Singapore Exchange Securities Trading Limited (the "SGX-ST") of the Company’s draft circular to shareholders in respect of the Proposed Share Consolidation and for the listing of, and quotation of up to 147,020,758 Consolidated Shares arising from the Proposed Share Consolidation subject to: - (a) Compliance with SGX-ST’s listing requirements and guidelines; and (b) Specific shareholder approval for the Proposed Share Consolidation. The SGX-ST’s in-principle approval is not an indication of the merits of the Company, its securities, the Consolidated Shares and the Proposed Share Consolidation. A circular (the “Circular”) setting out full details of the Proposed Share Consolidation, together with a notice convening the Extraordinary General Meeting to seek Shareholders’ approval for the Proposed Share Consolidation will be dispatched to Shareholders in due course. The Company will make a separate announcement when the Circular is dispatched. By Order of the Board Low Weng Fatt Managing Director 2 July 2008 |
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edwardmah42
Member |
02-Jul-2008 14:10
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perhaps its on the report on how convertible bonds...are a toxic to company maybe...juz my guess | ||||
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robinlim
Member |
02-Jul-2008 12:50
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But the consolidation is history already more than a week ago.....why now then people unloading? I remember the situation was vice versa few days after the news where buyer wipe out all on offer till got to wait for seller.
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Blastoff
Elite |
02-Jul-2008 12:24
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Maybe people are not happy with the consolidation.
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robinlim
Member |
02-Jul-2008 10:07
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The Q getting longer, yet no buyer....what happens?
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limhpp
Veteran |
01-Jul-2008 14:08
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Hey, this guy sell at 1/2c but no buy Q..... | ||||
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edwardmah42
Member |
25-Jun-2008 09:51
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why so long haven any news on the consolidation 1 ...now the shares like shit until zz | ||||
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edwardmah42
Member |
24-Jun-2008 08:30
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i tink he meant 5000 shares or maybe 5 lots ba |
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Andrew
Master |
23-Jun-2008 23:54
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Pardon me, is there a typo ? 5000 lots right ?? Is WOW or WHY ? | ||||
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teeth53
Supreme |
23-Jun-2008 23:44
Yells: "don't learn through life, learn to grow with life " |
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Like that. My 5,000 share becoming 50 share oni liao. | ||||
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