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JarolLo Veteran	26-Aug-2013 17:47        JarolLo About Contact  Quote this Post!
x 0   x 0  Alert Admin	From now on, avoid China play. This " virus" may spread to other S chips counters. Be careful.
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wait4opp Veteran	26-Aug-2013 17:43        wait4opp About Contact  Quote this Post!
x 0   x 0  Alert Admin	GONE CASE....
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Peter_Pan Supreme	26-Aug-2013 17:27        Peter_Pan About Contact  Quote this Post! Style: Flexible   Mood: Yells: "did you order dunkin' donuts"
x 0   x 0  Alert Admin	Very short time frame until suspension is compulsory. Brokerages are very likely to remove CMZ from the margin list very soon. Margin and contra players
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Peter_Pan Supreme	26-Aug-2013 17:19        Peter_Pan About Contact  Quote this Post! Style: Flexible   Mood: Yells: "did you order dunkin' donuts"
x 0   x 0  Alert Admin	Hope the management gives the shareholders a reasonable explanations on the allegations by this week. Otherwise something is really very amissed..
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srichipan Master	26-Aug-2013 17:14        srichipan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Their report focused alot of pre IPO activities?
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justapeon Member	26-Aug-2013 17:07        justapeon About Contact  Quote this Post!
x 0   x 0  Alert Admin	They got it all wrong.  I will buy first and let you know why.
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Henry$$$ Senior	26-Aug-2013 17:05        Henry$$$ About Contact  Quote this Post! Style: Combined
x 0   x 0  Alert Admin	S-chip is very risky unless backed by strong organization!!
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justapeon Member	26-Aug-2013 16:39        justapeon About Contact  Quote this Post!
x 0   x 0  Alert Admin	That angmo sea slug got it all wrong!
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wait4opp Veteran	26-Aug-2013 16:26        wait4opp About Contact  Quote this Post!
x 0   x 0  Alert Admin	If not true, today 4pm sure will resume trade and the company will do a share buy back.....to gain the investors confidence.... NOW....no news.....so should be really have the issue being CHU MAI..... C LIAO FOR EVER HALT till Bankrupt. Integrity      ( Date: 26-Aug-2013 15:57) Posted: Pray if it can resume trading first.
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Peter_Pan Supreme	26-Aug-2013 16:13        Peter_Pan About Contact  Quote this Post! Style: Flexible   Mood: Yells: "did you order dunkin' donuts"
x 0   x 0  Alert Admin	Those clients who hooted big early in the morning on their report sure pui at them..4D also not so zhun. Wonder whether the TRs quickly get their clients to cut loss? ozone2002      ( Date: 26-Aug-2013 10:47) Posted: Singapore Daily China Minzhong: Earnings Preview Buy TP $1.36 MINZ SP | Mkt Cap USD520m | ADTV USD2.4m Ø  China Minzhong will publish its 4QFY6/13 results this Thursday before market. We are looking at revenue of RMB685m and net profit of RMB164m. Possible YoY and QoQ decline are due to seasonality reason. Ø  In our view, there are two short term catalysts for Minzhong: 1) supply contracts from Indofood and 2) first dividends payout since IPO, which could help to argue for a re-rating case for the stock. Ø  Recent developments of the company include the first-time credit rating (Ba3) given by Moody?s and the issuance of USD150m syndication loan underwritten by Citibank and Standard Chartered. In our view, this could help to rebuild investors? confidence. Maintain BUY and TP SGD1.36, pegged to historical average of 5x FY6/14 PER.   from ur friendly Malaysian brokerage house Maybank.. issue this morning..
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Integrity Veteran	26-Aug-2013 15:57        Integrity About Contact  Quote this Post!
x 0   x 0  Alert Admin	Pray if it can resume trading first.
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Tempest Senior	26-Aug-2013 15:52        Tempest About Contact  Quote this Post!
x 0   x 0  Alert Admin	When will the halt be lifted? Sensing strong rebound ahead!
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hyruga Member	26-Aug-2013 15:07        hyruga About Contact  Quote this Post!
x 0   x 0  Alert Admin	http://en.wikipedia.org/wiki/China_Metal_Recycling
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Henry$$$ Senior	26-Aug-2013 15:06        Henry$$$ About Contact  Quote this Post! Style: Combined
x 0   x 0  Alert Admin	Target price is ZERO. https://glaucusresearch.com/wp-content/uploads/downloads/2013/08/GlaucusResearch-China_Minzhong_Food_Corp_Ltd-SGX_K2N-BBerg_MINZ_SP-Strong_Sell_August_26_2013.pdf   Be careful!!!!
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SELLall Member	26-Aug-2013 14:51        SELLall About Contact  Quote this Post!
x 0   x 0  Alert Admin	Think That Ang mo com had short big big..
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Peter_Pan Supreme	26-Aug-2013 14:41        Peter_Pan About Contact  Quote this Post! Style: Flexible   Mood: Yells: "did you order dunkin' donuts"
x 0   x 0  Alert Admin	Short-seller hits China food firm in rare Singapore attack * Short-seller says China Minzhong misled investors about  sales  * China Minzhong: taking legal advice, halts trading in  shares  * Shares plunge 50 percent  (Updates with details of suspension, comment from China  Minzhong)  By Rachel Armstrong and Anshuman Daga  SINGAPORE, Aug 26 (Reuters) - Food producer China Minzhong  Food Corp Ltd  on Monday became the first  Singapore-listed Chinese firm to come under attack by a  short-seller, which wiped off more than 50 percent of its market  value in two hours and triggered a trading halt.  Short-sellers have in recent years targeted Chinese  companies listed in Hong Kong, Canada and the United States,  citing irregularities, but they have so far avoided any of the  143 China-based firms listed on the Singapore Exchange Ltd  .  China Minzhong, which until Monday's share price slump had a  market value of around $520 million, was hit after  California-based Glaucus Research Group issued a report alleging  the company misled investors about sales to its biggest  customers.  The report also raised questions over the credibility of  China Minzhong's financial performance compared to its peers.  Glaucus said they and their associates have a direct or indirect  short position in the company.  Travis Seet, China Minzhong's financial controller, told  Reuters the company was taking legal advice on how to respond to  the report. He declined to make any further comment and trading  was halted pending an announcement from the company.  China Minzhong listed in Singapore in 2010 and has attracted  several big-name investors, including Singapore sovereign wealth  fund GIC which sold its 14.4 percent stake in February to  Indofood Sukses Makmur Tbk PT  . Indofood had no  immediate response to the queries on China Minzhong.  Other large investors include Franklin Templeton Investments  Corp, which holds just under 11 percent of the food producer,  according to Thomson Reuters data.  BIG BLOW  Analysts said China Minzhong will struggle to recover from  its share price plunge regardless of the veracity of the  short-seller's allegations.  " Given the huge damage done already, we believe it will be  an up-hill task (especially without GIC's backing now) for the  company to re-build confidence," Lim & Tan Securities wrote in a  note.  Shares in China Minzhong fell 47.8 percent in two hours of  trade before the company requested a trading halt. Nearly 24  million shares were traded, almost ten times the average full  day volume traded over the past month.  Four analysts have a 'buy' or 'strong buy' on the stock,  Thomson Reuters data shows. China Minzhong is due to release  full-year results on Aug. 29.  A number of Chinese companies listed in Singapore ran into  accounting problems in 2008 and 2010, denting investor  confidence in the stocks, known as S-chips.  The Singapore Exchange has since then taken steps to improve  corporate governance of listed companies and after the trading  halt, the regulator said it had asked China Minzhong to confirm  the company was in compliance with the rules.  China Minzhong is not the only China-based stock targeted by  Glaucus this year.  The group, whose research is overseen by former lawyer Soren  Aandahl, accused Hong Kong-listed China Metal Recycling Group of  fraud in January this year. Hong Kong's securities regulators  has since applied to the courts to have China Metal Recycling  liquidated. [ID:nL4N0G02IW]  Last year, high-profile short seller Muddy Waters attacked  Singapore commodity trading firm Olam  prompting the  company to raise cash as its stock and bond prices tumbled.  Singapore state investor Temasek, stepped in to prop the  company, raising its stake to 24 percent from 16 percent.
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hello123 Senior	26-Aug-2013 14:40        hello123 About Contact  Quote this Post!   Mood: Yells: " google ' sgx swinger ' - for how stock operators work "
x 0   x 0  Alert Admin	told our sgxswingers chatroom China minzhong is on inexorable downward trajectory to unrecognizable muddy levels since it hit our recent peak tgt   of 115...   now 46.5c and halted  for more details see my CMZ chart   in  http://sgxswinger.blogspot.sg/ hello123      ( Date: 22-Aug-2013 05:38) Posted: China Minzhong has been on a downward trajectory from peak of 115   since we last spoke, now 103 for more details , see  my CMZ chart    in  http://sgxswinger.blogspot.sg/  tq  hello123      ( Date: 16-Jul-2013 03:41) Posted: CMZ has been on a run since it hit my bottom   tgt 91c , now 113, may hit 115-117 before reacting down ..  for more details , see my CMZ chart   t
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sharefbb05 Member	26-Aug-2013 14:20        sharefbb05 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Now can get at 0.53. Upside potential is 83cent. China Minzhong Strong buy guoyanyunyan      ( Date: 26-Aug-2013 13:56) Posted: ...Maybank Kim Eng has a TP of $1.36 today...   https://cced0bba-a-62cb3a1a-s-sites.googlegroups.com/site/researchreport92/MaybankKimEng_ChinaMinzhong26082013.pdf?attachauth=ANoY7cpwIY8lUyduFbVbrg-gsWnSOWJBBwNSa_ElwpfIZoHRTuagwGG0obE0lfqLEPcBvfo12S2oRLJeJqgoTMRPCmAskfxKMNF0Z8RP3SktsFWjLOp_t7EvWGQxQPKrCYUFAI7DEsUk4jbpNVJtQhmc6gSXKI7RnP1kS4z97pgD3BoGh9Fwqy42W9iFIaKH3abagpUm-dvtTjuDChKc3iYy7-NFSy3P8RliKKlpwl_WNkn7cyvTpIbeoLZ25bZ9Jvkb3V3RyOMO& attredirects=0
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ipoh12 Member	26-Aug-2013 14:19        ipoh12 About Contact  Quote this Post!
x 0   x 0  Alert Admin	hope no one in this forum got burn .....  http://misimpleinvest.blogspot.sg/
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Winson Senior	26-Aug-2013 14:07        Winson About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro you right. China stock cannot trust, my boat sunk because of china till now stay far far away from them Liao . wait4opp      ( Date: 26-Aug-2013 12:42) Posted: ZERO VALUE STOCK FROM NOW BUYERS DEAD ==> MONEY BEING LOCK. SHORT SELLERS ALSO DEAD ===> NO STOCKS TO BUY MARGIN CALL FOR ALL THE SHORT AND LONG...... ALL DEAD CHINA STOCKS BO SAI SNG
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