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ChinaGaoxian
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chteng888
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04-Oct-2013 10:22
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right all uncertainty is clear, now is back to business, the land value and the office building is worth much more than the book value. if revalue in the coming quarter, the NTA will improve, when the production start next years, the company will slowly making progress to profitability. Just ask the question yourself when invest in this counter, why the new investor want to put money in this company is there is no future and no hidden value that we layman has no access to.
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Octavia
Elite |
04-Oct-2013 10:16
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China Gaoxian was fined KRW2b ($2.3m) by the Korean financial regulatory, FSS, for exaggerating its cash balance and failing to disclose material facts relating to the Huaxiang project, in its registration statement lodged in relation to its Korean listing. Former Executive Chairman Cao Xiangbin and CFO Raymond Wong have also been fined KRW50m ($58,100) and KRW16m ($18,600), respectively, and have been referred for prosecution in Korea. The company is entitled to file an administrative law suit within 90 days upon receipt of FSS' notice, if it wishes to challenge its fine. | ||||
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derekchong
Veteran |
04-Oct-2013 09:20
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bad news all out, time to buy. cheers. |
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Peter_Pan
Supreme |
03-Oct-2013 18:58
Yells: "did you order dunkin' donuts" |
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China Gaoxian fined S$2.3m by Korean authority
SCANDAL-HIT fabric maker China Gaoxian might have resumed trading on the Singapore Exchange (SGX), but its past has returned to haunt it. Korea's Regulatory authority Financial Supervisory Services (FSS) has fined it two billion Korean won (S$2.3 million) over a securities registration statement lodged in 2011, when the company raised funds via Korean Depository Receipts (KDRs) on the Korean Stock Exchange. FSS said China Gaoxian had exaggerated its cash and cash equivalents as at the time of its Korean listing by more than 100 billion won, and had not disclosed material facts relating to its Huaxiang Project to expand production. The KDRs will be compulsorily delisted tomorrow. |
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Peter_Pan
Supreme |
03-Oct-2013 18:21
Yells: "did you order dunkin' donuts" |
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REGULATORY ACTION BY FINANCIAL SUPERVISORY SERVICES OF KOREA
http://infopub.sgx.com/Apps?A=COW_CorporateAnnouncement_Content&B=AnnouncementToday&F=1012597 |
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Peter_Pan
Supreme |
03-Oct-2013 16:30
Yells: "did you order dunkin' donuts" |
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chinagaoxian continues to break new lows | ||||
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derekchong
Veteran |
03-Oct-2013 15:18
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at this price, no meat for shortist already. | ||||
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Peter_Pan
Supreme |
03-Oct-2013 12:10
Yells: "did you order dunkin' donuts" |
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positions taken chinagaoxian should rebound hereon | ||||
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derekchong
Veteran |
03-Oct-2013 11:48
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new low $0.073. | ||||
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Peter_Pan
Supreme |
03-Oct-2013 11:01
Yells: "did you order dunkin' donuts" |
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chinagaoxian hits new low again maintain entry on dips | ||||
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gavinl
Elite |
03-Oct-2013 10:53
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Please dont drop anymore, i bought at 0.079....
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gavinl
Elite |
02-Oct-2013 17:27
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Bought some @ 0.079.
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Peter_Pan
Supreme |
02-Oct-2013 16:10
Yells: "did you order dunkin' donuts" |
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chinagaoxian hits new low look for entry on dips | ||||
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derekchong
Veteran |
02-Oct-2013 16:04
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after a long suspension, white knight came to turn around its fortunes. definitely not for few cents, but multiple fold. |
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Tempest
Senior |
02-Oct-2013 15:57
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Rebound soon.. Shortists covering short position, best enter time | ||||
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akchua
Senior |
02-Oct-2013 15:57
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Those who pay 3.3 cents and 3.5 cents definitely will keep selling their shares because of good profit and market uncertainty. Need to flush out these players first before you will see the price stabilizing. Wait until end of Oct before you consider re-entry. My 2 cents worth. |
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Jackpot2010
Master |
02-Oct-2013 15:49
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Since re-listing on 18 Sep px has been sliding downhill from high of 11c to 7.7c (today), a 30% loss over a fortnight.   On hindsight it was an opportunity for many to exit after the long suspension. DYODD.
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lesandy
Member |
27-Sep-2013 15:50
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omg! it's lower than yesterday! wondering will attract buyers to boost back to 9.4 cents..looks unlikely though...:-(
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dawx14
Senior |
26-Sep-2013 20:22
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Today's market is downward bias. Even the strongest and those with news like OKH, upward and steady counter did not rally up a lot. It seems that there is a force pushing it down. I feel more optimistic for tomorrow. Today is a collection for gap up tomorrow. Huat to all vested! | ||||
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derekchong
Veteran |
26-Sep-2013 18:28
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agreed, broken near closing on low volumn. | ||||
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