| Latest Forum Topics / Fung Choi Media |
 Post Reply
|
|
Fung Choi
|
|
|
Nostradamus
Supreme |
11-Sep-2006 16:52
|
|
x 1
x 0 Alert Admin |
Bermuda and Cayman Island are in Latin America. If I'm not wrong, they are tax-free havens. So companies register there to take advantage. |
| Useful To Me Not Useful To Me | |
|
red1721
Senior |
11-Sep-2006 12:53
|
|
x 5
x 1 Alert Admin |
this the 2nd part..... Some of the listed companies registered in Bermuda are Synear, FungChoi, Chinacast, ChinaFlex, Chinatranscom, Chinainfra, ChinaHong, ChinaPaper, Celestial, C&O Pharm, Colorland, Contel, CourageMarine, CreativeMas, CDW, CMTel, Shanghai Turbo etc and under "Others"/Cayman are ChinaSky, ChinaSky, ChinaEss, ChinaMobil, ShanghaiTurbo etc. The list is not complete but you can find more at Listing by Companies Personally, in the past, we had a few bad investing experience in companies registered outside of Singapore! I am sharing my bad experience with you. You learn from others' mistake and dont pay from you pocket. If you are investing your precious nesteggs and CPF (after 55 years you can withdraw your money), check the country of incorporation first. Then, select good companies applying simple fundamental reasons and logics. Do you know that Warren Buffett was a simple man investing in proven brick and mortar companies, applying simple rules, yet he became the richest man in the world. Ideally, select locally registered 'proven' companies and save the costly flight to Cuba should things go sour. After 55 years, most of us have little chance of being employed (except maybe a cleaner at the hawking centre) and earn the old fat pay. Therefore, preservation of wealth is very important and must be handled with wisdom. Taking high risk should not be contemplated we do not have the earning capacity anymore. Ideally, if you want to trade the stock market, first acquire knowledge or learn how to do it. You will need to spend some money and educate yourself on the subject of stock investment and trading for a living. |
| Useful To Me Not Useful To Me | |
|
|
|
|
red1721
Senior |
11-Sep-2006 12:48
|
|
x 2
x 0 Alert Admin |
Abstract from an article I saw recently, find it kinda amusing, so I'll post it here hope to bring some light on the mentality of many investors...it goes something like this... Checking SGX website, I realized Fung Choi was registered in Bermuda. Where is Bermuda? Do you know? Many listed Sgx companies were registered under "Others". Where is "Others"? Well, SGX refers to Cayman Island. Where is Cayman Island? If you do not know where is Cayman Island, why bother to invest in the company? From the CNN, I found out that Cayman Islands is between Jamaica and Cuba. So if your investment goes sour, please take a plane to Cayman, transitting through Cuba or Jamaica. You may be able to shake Fidel Castro's hand. |
| Useful To Me Not Useful To Me | |
|
alto26
Member |
11-Sep-2006 11:35
|
|
x 0
x 0 Alert Admin |
down for last 2 weeks. is it pose for a rebound. ?seems like some form of sell down recently for the big boys to come in? |
| Useful To Me Not Useful To Me | |
|
Nostradamus
Supreme |
01-Sep-2006 10:52
|
|
x 1
x 0 Alert Admin |
ABN Amro said it has cut its target price to $0.85 on the company's weaker earnings prospects after it posted a disappointing set of results for the year to June. It also lowered its earnings forecast to HK$224m for the year to June 2007 and to HK$267m for the year to June 2008. Nevertheless, ABN Amro is keeping a "buy" call on the stock, saying it "still likes" Fung Choi. "Growth remains healthy," it said in a note to clients. "We expect all business segments to grow , led by the print media division." |
| Useful To Me Not Useful To Me | |
|
|
|
|
Nostradamus
Supreme |
30-Aug-2006 19:47
|
|
x 0
x 0 Alert Admin |
DMG says it has upgraded its rating to "buy" because it expects the company's revenue to grow with the launch of new magazine titles in the fiscal year ending next June. DMG noted that Fung Choi's acquisition of Flying Media means it now has a presence in magazine advertising and distribution in China. "This would boost advertising content and advertising rates, and in turn contribute to revenue growth in its magazine advertising and distribution segment," DMG said in a note. Fung Choi has built a new production facility to meet orders for signs for PetroChina gas stations, which will improve revenue in its display segment, the research firm said. DMG forecasts that the company will make net profit of HK$195.8m in the year to next June and HK$233.3m in the year to June 2008. |
| Useful To Me Not Useful To Me | |
|
zhuge_liang
Supreme |
28-Jun-2006 10:19
|
|
x 1
x 1 Alert Admin |
Price rose up yesterday on institutional demand stemming from a roadshow it is on now. |
| Useful To Me Not Useful To Me | |
|
Gallen
Senior |
17-May-2006 08:31
|
|
x 0
x 1 Alert Admin |
chart updated at http://kelongstocks.blogspot.com |
| Useful To Me Not Useful To Me | |
|
|
|
|
Gallen
Senior |
08-May-2006 07:59
|
|
x 0
x 1 Alert Admin |
Extracted from my blog http://kelongstocks.blogspot.com [B]Technical Analysis[/B] Had a couple of requests for the TA of this counter. Fung Choi is in a nice uptrend channel since 6 Feb 06, making a series of higher highs and lower lows in a gentle sloping uptrend. Do note volume patterns during prior corrections, shrinking of volumes as weak holders are flushed out before prices rebound, history looks like repeating itself given weak volume over past 2 trading sessions. .............continued at my blog |
| Useful To Me Not Useful To Me | |