|
NextInsight :: SGX Stocks |
|
|
|
|
|
Subject :Re:Re:CHINA FIBRETECH .-- why don't they delist?..
27-12-2012
|
|
|
| Lisa |
Guest |
|
|
|
|
come on ! Get moving la!
[Fame 15-10-2012]:
Why dont the company just offer 10 cents to delist? They still have 14 cents cash in the company and not counting a business they seem to love so much?
|
IP Logged
|
|
|
|
|
|
|
Subject :Re:Re:CHINA FIBRETECH .-- why don't they delist?..
15-10-2012
|
|
|
| Guest |
Guest |
|
|
|
|
the synthetic fiber industry in china is in doldrums. this coy is unlike synear which is one of the best selling brands of frozen food in china. |
|
IP Logged
|
|
|
|
|
|
|
Subject :Re:CHINA FIBRETECH .-- why don't they delist?..
15-10-2012
|
|
|
| Fame |
Guest |
|
|
|
|
Why dont the company just offer 10 cents to delist? They still have 14 cents cash in the company and not counting a business they seem to love so much? |
|
IP Logged
|
|
|
|
|
|
|
Subject :Re:CHINA FIBRETECH . A multi-bagger you can't ignore..
15-08-2012
|
|
|
| Lisa |
Guest |
|
|
|
|
Liz: Looks like this ID also just come in to earn the ID fees. CFT has not moved since he comes on board. Very sad. |
|
IP Logged
|
|
|
|
|
|
|
Subject :Re:CHINA FIBRETECH . A multi-bagger you can't ignore..
06-08-2012
|
|
|
| Lisa |
Guest |
|
|
|
|
Liz : This is definitely a piece of good news with an ID in the fund management industry. With all the S-Chip corporate governance issues and Mr Lim dares to take up an ID position in CFT, that shows alot. I do hope he looks into the financial affairs of the Company and makes sound advice to the management. His fund can take a big chunk of shares in the mkt. Willing buyer, willing seller.
I do see good things. Fingers cross. |
|
IP Logged
|
|
|
|
|
|
|
Subject :Re:CHINA FIBRETECH..
31-07-2012
|
|
|
| Liz |
Guest |
|
|
|
|
Lisa: Can you see a ray of hope? |
|
IP Logged
|
|
|
|
|
|
|
Subject :Re:CHINA FIBRETECH . A multi-bagger you can't ignore..
31-07-2012
|
|
|
| ZEN |
|
| Gold Boarder |
 |
Joined: 13-12-2009
Posts: 274
Location: |
|
|
|
|
ya... too quiet from this chinafibretech already . stuck at 3.9c for so long
Hope this new ID bring life into this stock soon |
|
IP Logged
|
|
Last Edited On: 31-07-2012 By ZEN for the Reason |
|
|
|
|
|
|
Subject :Re:CHINA FIBRETECH . A multi-bagger you can't ignore..
31-07-2012
|
|
|
|
|
|
|
|
Subject :Re:CHINA FIBRETECH . A multi-bagger you can't ignore..
27-06-2012
|
|
|
| Mighty |
Guest |
|
|
|
|
There is some movement in this stock lately. Hope the buyers have some good news about the potential of this stock. |
|
IP Logged
|
|
|
|
|
|
|
Subject :Re:Re:Re:Re:Re:CHINA FIBRETECH . A multi-bagger you can't ignore..
18-06-2012
|
|
|
| Guest |
Guest |
|
|
|
|
If that's the case SGX should be alerted by the independent directors who are not satisfied.Its the duty of SGX to ensure the independent directors do due deligence when investment decisions are made by the company.If the independent directors cannot perform their duty properly then SGX should step in.
SGX too earns money from us and its their duty to protect retail investors.
The cash in bank vs the price of the share is absurd. Its common sense.The company with so much of cash not doing anything about it like share buy back is absurd too.
Does the management want to eat all for themselves at the expense of retail investors as they have the capacity to decide the movement of the share price with so much of money in the bank?
Just buying a token 100 lots with a share buyback mandate just before AGM is disgusting. During the AGM they sounded like will buy more after the no buyback period is not fulfilled yet.
Has the independent directors reminded or prodded the management to do so in the interest of the retail investors? or they are just interested in collecting directors' fees and sleeping? |
|
IP Logged
|
|
|
|
|
|
|
Subject :Re:Re:Re:Re:CHINA FIBRETECH . A multi-bagger you can't ignore..
17-06-2012
|
|
|
| Serendipity |
Guest |
|
|
|
|
I took a look at this company.
Revenue has decreased from RMB470.3m in 2008 to RMB133.1m in 2011. Similarly, net profit has declined from RMB119.3m in 2008 to a mere RMB7.2m in 2011.
Furthermore, in the most recent quarter, the company is no longer profitable and suffered a loss. Year-on-year revenue decreased by a massive 83%.
Simply put, the business is crap. The right thing for management to do would be to return cash to shareholders.
Where are the independent directors, you ask?
In 2010, there are two independent directors, Ho Yew Mun and Chan Chung Wai. In 2011, Chan Chung Wai is replaced with Low Wai Cheong. And now, in 2012, the remaining independent director, Ho Yew Mun, retired and did not seek for re-election. Not a good sign.
When the independent directors are not happy with management's directions, but that management is the controlling shareholder, there's not a lot they can do other than "resign in protest".
The only hope for the investor is for management to willingly liquidate the company (historically very rare). Given that it is substantially below net cash, there may still be speculative merit, if not investment merit, in purchasing the shares
Caution is advised.
[Guest 17-06-2012]:
What are the independent directors who are paid to represent the interest of the minority shareholders do?Are they speaking up for us?
|
|
IP Logged
|
|
|
|
|
|
|
Subject :Re:Re:Re:Re:CHINA FIBRETECH . A multi-bagger you can't ignore..
17-06-2012
|
|
|
| Guest |
Guest |
|
|
|
|
you think so,
don't be too naive.. |
|
IP Logged
|
|
|
|
|
|
|
Subject :Re:Re:Re:CHINA FIBRETECH . A multi-bagger you can't ignore..
17-06-2012
|
|
|
| Guest |
Guest |
|
|
|
|
What are the independent directors who are paid to represent the interest of the minority shareholders do?Are they speaking up for us? |
|
IP Logged
|
|
|
|
|
|
|
Subject :Re:Re:CHINA FIBRETECH . A multi-bagger you can't ignore..
15-06-2012
|
|
|
| Beginner |
|
|
| Junior Boarder |
 |
Joined: 14-12-2007
Posts: 22
Location: |
|
|
|
|
Yes, as minority shareholder, we can built up the momentum and march into the AGM and state our cause instead of grieving over here.
If we can get the mass, it would mean something. |
|
IP Logged
|
|
|
|
|
|
|
Subject :Re:CHINA FIBRETECH . A multi-bagger you can't ignore..
15-06-2012
|
|
|
| lisa |
Guest |
|
|
|
|
then what can minority shareholders do? suck thumb?
or just sigh off and say "Suay..." |
|
IP Logged
|
|
|
|
|
|
|
Subject :Re:Re:CHINA FIBRETECH ...
14-06-2012
|
|
|
| Investor_2 |
Guest |
|
|
|
|
I have thought a lot about the possibility and doubt it will happen. My lengthy answer was given at the bottom of the article
[lisa 14-06-2012]:
Could CFT be a potential candidate poised to de-list? 
|
|
IP Logged
|
|
|
|
|
|
|
Subject :Re:CHINA FIBRETECH . A multi-bagger you can't ignore..
14-06-2012
|
|
|
|
|
|
|
|
Subject :Re:Re:CHINA FIBRETECH ...
14-06-2012
|
|
|
| Reck |
|
| Gold Boarder |
|
Joined: 05-02-2011
Posts: 240
Location: |
|
|
|
|
Poor soul, how much you got in China Fibretech.
[lisa 01-06-2012]:
viviene, any life better than mine is considered high life.
I eat 菜饭 most of the time, cos my $$$ is stuck with CFT.
:(
|
|
IP Logged
|
|
|
|
|
|
|
Subject :Re:CHINA FIBRETECH . A multi-bagger you can't ignore..
14-06-2012
|
|
|
| ZEN |
|
|
| Gold Boarder |
|
Joined: 13-12-2009
Posts: 274
Location: |
|
|
|
|
this week saw China taisan surged up almost 40% in a day ..
Eratat lifestyle going up from 8c
CFT time to rally ? |
|
IP Logged
|
|
|
|
|
|
|
Subject :Re:CHINA FIBRETECH . A multi-bagger you can't ignore..
14-06-2012
|
|
|
|
|
|
NextInsight - Latest News
