The star report is contradict to Chong press in other newspaper. The more he talks the more skeptical people look at his accusations. Am totally confused. He told media he denied, then in his press he said admitted taken but it's a loan. The link does not match. Asked for loan agreement he did not show. What nonsense? total integrity disastrous.
Only way is he buys more shares then take company private to retire. Else with him there as public company facing press and minor shareholders, how to convince people with no integrity anymore?
Problem is later funds sell down, he needs to buy even more shares or else collapse, he lost everything. So I think price may goes up today and tomorrow, and crash next week. Still got chance to sell higher.
Chong explain more wrong more and more confusing. Show media the agreements, don't verbal accuse people or explain himself. Days ago deny, now confess taken? Itself is wrong doing lies! Doesn't matter A lend to B, C took money and kick back A 10 million, truth is it's Chong board room fight, and dishonor, frame and blame his investors. Mistake is a mistake, truth is truth, the 3 better start talking before they bring company down because of their own fight.
Even if Chong light the fire, they should solve this ASAP or else small investors will go vote them out, especially the one using company to light fire on his behalf.
Copy back: humanmask The star report is contradict to Chong press in other newspaper. The more he talks the more skeptical people look at his accusations. Am totally confused. He told media he denied, then in his press he said admitted taken but it's a loan. The link does not match. Asked for loan agreement he did not show. What nonsense? total integrity disastrous.
Only way is he buys more shares then take company private to retire. Else with him there as public company facing press and minor shareholders, how to convince people with no integrity anymore?
Problem is later funds sell down, he needs to buy even more shares or else collapse, he lost everything. So I think price may goes up today and tomorrow, and crash next week. Still got chance to sell higher. 13/11/2014 15:04
Only weak investors blame and scared... Strong investors will always smile. Seem too many weak investors here in this forum. If scared, better put your money in fd
Chong can lie to the world, he don't dare to show people 2 shareholders agreements that he con his investors then lie on the money only as if its wrong. That itself is bad intention. No credibility, i leave some shares vote him out on 28 Nov.
After reading chong accusation and so much info hidden and prevent Tey and Ooi from telling truth, chong is trying to build perception to play out his board room fight. If its for money he could have negotiate with vendor and ask help. Vote the devil out clean up the house.
Nonsense of Chong report, makes his lies looks stupid. The 2 tpy and oka looks more natural to truth, obviously victim to Chong conspiracy. Devil Chong devil! Shot!
If Chong not voted out, he has zero integrity, cheated his investors Tpy and Oka, cheated shareholders eat money himself, nobody dare to do business with him because he "eat" people, making lost and zero dividend. Company guarantee die.
Protect our investment, vote out Chong save company future
With Chong, company die fast, share price dead drop faster than dividend if any, dividend because of Chong zero integrity dry faster going to zero as long Chong there.
This chong staff is too imaginative. Have he civilized use mouth and ask? make what assumption?
Chong credibility is gone, zero, he self made himself to this, sad. The way he handles problem is shocking. Face problem, don't want to say reckless. Only solution for company is he must put down his face, talk to his board room fight, and go off from board and management. Let professionals handles.
2 investors have their other investments to take care. Open mouth and ask, why so difficult? If they are forced to defend, no choice also because force by Chong, once they take charge of company, very likely immediately they will step down and hire professionals to run the company, and sell to other investor. New investor may do GO, buy off Chong by force. But what for go this path?
Chong does not understand investors mentality. Can work together, work; cannot, they just sell to Chong or if Chong has no money, sell to other investors and they go invest else where. As long as they are invested, it's their job protocol to do deals and increase shareholder value by capital appreciation - share price goes up. They are professionals in "investment" not "operation", means they can go anywhere which wants them to invest. Their gain is share price goes up and do business deal, not waiting for dividend.
Chong is surrounded by non interest people, gave him phobia and evil advise else he won't burn people ended up burning himself. Put down face, open mouth and ask, he may avoid walking into own grave. Macro view, there is always another EGM to fight again and again. Non interest people only watch movie and shouting adding fuel, nothing else. Interest parties are shareholders, including small people with open eye, may watch clearer than the 3 fellas.
Small investors goes down with him for no reason. All 3 should talk, resign together, and give solution. Temper? Pride? Face? Those will be total lost if this goes on, and yet another EGM, and another EGM, and all energy playing this fools game. Tarnish each other credibility day by day.
Connect1, imagination will kill people including self. It creates phobia and emotion, nothing else productive. Worst off, self destruction.
You think too much from operation mind point of view. 3 fellas all name gone. Nobody willing to do any business as long bad names are there, don't think the 2 investors will want to link their other investments with this bad name either.
Investors by career does not lump other investment into company they have dispute. Have you ask any of them? Ask any other investors, they all the same - not good, they go. Open mouth, you will find imagination is way out compared to real world. They have no sentiment, only ran the investment by hiring professionals to match their investment returns, it's all the American Fortune 500 companies do - grow by M&A, professionally ran, capital gain. Look at Peter Lynch or Carl Icahn. They ask Apple or Dell for M&A, restructure, etc. to create value and capital gain, selfishly, as they have self interest in share price. Dividend doesn't impress them. If not fit ,they sell and go, nothing else.
This is same to small shareholders, we sell when price is up, doesn't matter how good the company is.
Whenever they found not suitable, they divest and invest other place. For them it's not rocket science. Large investors they gang up form funds, raise funds, and invest as private equity. Some people cannot accept non organic growth, some people wants it, the funds got many choices in their world, they go with those they can work with.
No matter what, making assumption and allegation without discussion is not right way to negotiate. Negotiate comes with putting down pride, talk, and give and take. No angel, neither pure evil. It's just perception and anger. Put a gun and talk, as public sees it, do you think anything fruitful except more worst? This is the beginning, imaging more to come. It's no end.
There is no end to mind block by the outsiders, those non interest people instigate all the nonsense, for them which is worthless compare even to small shareholders who spend money investing in the shares.
If you ask me, all the board shall resign, starting with 3 of the fights, settle the problems all 3 created asap. Then all shareholders value would be preserved. All the nonsense has to stop before it burns 3 together with other small shareholders, even the board gets drag into this and no choice they already cross over the line for selfishness, they will drag in deeper. All collateral damage. For what? Face?
I know small shareholders care the less, except the share price. Selfish enough, it's investors nature in hope share price to go up. Think deeply, or there will be more EGM and nonsense every month. The one started fire, will only lead to more fire, natural law. think about it.
If company does not solve problem leaves small shareholders no choice, they will exercise their rights to equally vote out Chong on 28 November. Likely another EGM follow by another EGM, no end. Gone company.
Exactly falls into his trap lemon. Chong intention is to sway attention to court. What court while he eat his investors using dirty tactic. No face to show people he does not honor his shareholders agreement. Pull him out of hiding behind company, fight his board room outside. Dare not tell truth kill small investors a long the way.
All this TPY cyberwhores are spinning and writing crap...none of which is public information.Has anyone got any copy of any of the affidavits???? Does it not imply they are paid writers or insiders. Real dumb jackass insiders;slandering Chong but asking him to bail them out; and losing money on their trades.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Steven Tan
393 posts
Posted by Steven Tan > 2014-11-13 14:26 | Report Abuse
Ooi and TPYdispose nexgram share to buy Patoasco i think..but TPY is still the major S=holder