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China Milk
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alanalanlee
Member |
16-Mar-2010 21:05
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well..guys,no point saying who and who at fault.. It alway took 2 hands to clap. sgx list them but we are the one who choose to buy. just hope they can come out with some news..gd or bad also gd..at least we know they are still alive or at least someone bother to make the news :S |
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beruangface
Senior |
16-Mar-2010 20:36
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in china milk case, if they cannot pay off the bondholders, there is a high risk they may have overstated their cash or even committed fraud, I am not sure whether the external auditors involved in this..anyway, i think SGX is the worst as they keep on listing many lousy s-chips without seriously reviewing their financial position and potential of fraud..china milk is not the first s-chips to default on loan, did SGX do a review on the rest of the high risk companies?I think SGX prefers to let the company to wind up after cheating all the money of innocence investors like us..
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grandmaster89
Veteran |
16-Mar-2010 20:01
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Nothing lor. There is no such thing as capital guaranteed. You took risk to buy the company so now pay the price. External auditors don't vet through every single transaction nor do they provide complete assurance. They merely express an opinion to prevent any legal challenges if they are wrong. It is not SGX job to vet through the finances of the 700 companies listed here.
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WLBO_BB
Master |
16-Mar-2010 19:40
Yells: "Warren Look Before Others _ Buffett Best " |
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ya lor, see china milk already fed up liao some more advertise here.... if really wan, go advertise at those counter making alot of money one lah...
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alanalanlee
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16-Mar-2010 13:48
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can advertise here meh?
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Huhushares
Member |
16-Mar-2010 11:31
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HUHU ARENA GALLERY
Online Fashion – Shirts, Jackets , Shorts, Jeans Website: www.huhuarenagallery.blogspot.com Email: huhuarenagallery@hotmail.com
SUPPORT ME : ) |
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tonylim
Master |
16-Mar-2010 10:52
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Don't despair for those who own CM. There is still milk out there but needs time to materialise
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christan
Senior |
16-Mar-2010 10:29
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no high risk, no high gain. so dun play play... | ||||
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renzokun
Senior |
16-Mar-2010 10:24
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jz wander will small shareholders ever get bck any money..if they go bonkers | ||||
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beruangface
Senior |
15-Mar-2010 22:57
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anything shareholders can do here? securities class action? sue the external auditors? sgx ? what's their role in protecting shareholders? |
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des_khor
Supreme |
15-Mar-2010 22:26
Yells: "Tell me who is the God or MFT from this forum??" |
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Avoid China Counter at all... highly potential hidden germs !! beaware ! | ||||
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alanalanlee
Member |
15-Mar-2010 22:12
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really hope to hear something from them... closed down also must tell pple.. left the shareholder hanging in the air. |
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maxcty
Master |
15-Mar-2010 21:34
Yells: "always a learning day for me in trading" |
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ya..bluff all our Singaporean $$ and then run liao...PRC...............
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gurusamygopal
Member |
15-Mar-2010 21:27
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today just i go through sgx no result. milk mix with water.lio
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stkoh78
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15-Mar-2010 20:55
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i think game over liao. Maybe the office is now empty and the cows have already move out of the farms liao.
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alanalanlee
Member |
15-Mar-2010 20:42
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did CM say about financial report
on the 15mar???
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iwonder
Veteran |
15-Mar-2010 10:41
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this babe no more milk..... | ||||
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alanalanlee
Member |
14-Mar-2010 18:22
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will it be out tmr?
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gurusamygopal
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12-Mar-2010 22:05
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this milk scandal milk hold it wait for march 15 financial report
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gurusamygopal
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07-Mar-2010 14:46
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May one day close down for new year.Dont woory next time dont buy bull shit china stock. buy blue chip. singapore stock.
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