The syndicates love to manipulate China stocks especially those with cash rich. They can easily spread bad news through various medias saying that the account is fraud. In China , cheating is serious crime unlike Malaysia, every thing can be Kow Tim here.
Yes, So scary. Good companies become penny stocks. Good for people who are daring to buy in and keep. Wait for the truths to prevail. Either good or bad. Real or unreal very hard to determine. But based on their Accounting Reports, we are OK. Life is uncertain and same goes to companies too. Nothing is certain and Nothing is Permanent.
MCA is useless and cannot help those losing money. Vote DAP better.
Posted by tintan > Jun 21, 2016 12:14 PM | Report Abuse The syndicates love to manipulate China stocks especially those with cash rich. They can easily spread bad news through various medias saying that the account is fraud. In China , cheating is serious crime unlike Malaysia, every thing can be Kow Tim here.
What MCA(or BN govn) can do is penalize syndicate in selling down by jailing them and give them a huge fine causing small investors to lose a lot of money in China counters.
Syndicates involve(Purebear?) in selling down China counters like Msports must be jailed and have their stock broking license freeze like what done in Singapore.
If Paramjit or Erwin started selling from 26 Apr (day after first suspension announcement), they have up to 2 weeks to make announcement which is 10 May (the suspension day). By the time you know, it is already too late! http://klse.i3investor.com/servlets/cube/post/purebear.jsp
tintan, I abit takut when msp listed again the share price ? because even a net profit counter like Cap famous evreyyear making net profit , nut come out share price drop from 0.40 until now 0.03, seem somthing wrong , based on finanacial reports Cap much more better than Msports , dont know why happen like this , I also dun know what is the true story going on china stocks , hope msp and cap can up back above 0.10 .\ god bless china stocks ?
No red flags for both company. So nothing to worry mah.. the price is not the actual value of a company. This is just temporary fluctuation., normal for share market. Must have holding power in order to win.
Why MSports didn’t bother to issue a status update? It is already > 2 months since 25 Apr when it said the External Auditors need more time to verify expenditure incurred and bank balances. 2 months is a long time, most of the works should have been completed. However, they don’t even dare to issue an update! Very likely there are more problems with the accounting rather than simply ‘auditors required more time’.
If these status update are requirements of Bursa, then MSports will be reprimand by Bursa later. Perhaps fine? Perhaps earlier delisting if continues to violate Bursa rules? Hahaha, omen of more bad things to come….
No hurry to relist now that stock market still fragile. Perhaps wait for the day M'sia and Taiwan stock exchange have linkage for better price? Taiwanese can pay TWD 2.60 for Msport why M'sian value it 3.5 sen only? http://www.bloomberg.com/quote/911626:TT
Purebear when Msports issued AR so many years ago(or rather all China stocks listed here) do anyone believe their accounts? Why the fuss the latest one a delay?
hamitouzhi and other Msports shareholders the only reason why people like Purebear making noise here is they miss profit from their short selling activities.
The selling before suspension is from smart people who cut loss based on calculated risk that MSports may remain in suspension until delisting. From the recent development (see my earlier comments in http://klse.i3investor.com/servlets/cube/post/purebear.jsp), this possibility is getting higher & higher. :D
Purebear you haven't answered why Taiwanese willing to pay TWD 2.60 for same Msport which is still suspended with same set of financial result. Are Taiwanese stupid not to sell like what M'sian does?
beware of these pirated company!!! they're cannot listed in shanghai shenzhen hk sg & others. but can came here list to con our money. what is the common signature of these china company? is CHEATING hbglobal chiouh xdl msports cap maxwell xinquan csl kstar
No Paramjit, no SGM, no annual report, no agent in Malaysia, no Company Secretary, no Resident Representative in Bermuda, no audit committee, no monthly status update, no trading. How are the stock promoters going to promote this stock? :D
Some good companies not listed are PETRONAS, KFC, McDonalds etc but doesn't mean they don't exist. Why must Msports subject to daily trading which only benefit remisers? Only remisers(or bankers) want Msports to list back asap. No hurry for Paramjit to see Msports get traded again when he like us want Msports cash as true as possible.
hamitouzhi nobody bother to read your posting. To them you deserve it. Nowadays world very chaos you see shooting case every weeks. Even i3 members show commenting here show sign of it. Why are they here if don't have Msports? Promote what? Even Paramjit also lose 40% buying in 2016.
Posted by PureBear > Jul 17, 2016 11:46 AM | Report Abuse No Paramjit, no SGM, no annual report, no agent in Malaysia, no Company Secretary, no Resident Representative in Bermuda, no audit committee, no monthly status update, no trading. How are the stock promoters going to promote this stock? :D
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Posted by flyup888 > 2016-06-21 08:27 | Report Abuse
what is this? STRUCTURED WARRANTS ANNOUNCEMENT