Jiutian Chemial

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09 Apr 2011 18:08 #5641 by MacGyver
Jiutian Chemial was created by MacGyver
I was reading through the forum of another website and saw that so many investors are complaining
about SGX. They said SGX caused them to lose 9k in 9 days and SGX deserved to be punished.
 
I cannot help laughing at these postings.
Who in the world would buy Jiutian after the CEO was jailed and they have 3 consecutive years of
loss-making? If you want to buy this type of companies for the high return, then be prepared to take
the high risk involved.
 
I am still laughing.
 
 

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09 Apr 2011 22:26 - 09 Apr 2011 22:27 #5644 by MacGyver
Replied by MacGyver on topic Re:Jiutian Chemial
See this nonsense posting from the other forum.
".......1 way out for all S chip investor is to sue SGX and gov regulatory body for failing to enforce S Chip supervision or the lack of it. How come so many independent directors are appointed to the same S chips Co.? I think the regulatory or pre IPO listing selection criteria need to be scrutinised in the case of frault due to lack of Supervision. Taking the easy way out by SGX has been the cause of regulatory failure? Some 1 need to look into why the last time a certain shipyard from China wanted to list here and re-vet of the prospectus show up all the missing shxty details!! Are ppl responsible being sued or prosecuted by law? Not only S CHips affected Mr Gov, our own SPore reputation is at stake! Being quiet in the face of real problem is not going to face up to the issue. Mr Hsien better answer if 1 more S chips falls!! Only way to pick S Chip is to see what Prime Partners keep, otherwise sure die!!
 
For those still holding on to S-Chip, better think twice about holding it too long.... especially those going nowhere - chances are they planning exit that are ahead of Spore law!! "
Last edit: 09 Apr 2011 22:27 by MacGyver.

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09 Apr 2011 22:33 - 09 Apr 2011 22:34 #5645 by MacGyver
Replied by MacGyver on topic Re:Re:Jiutian Chemial
Come on lah Singaporeans...
If you make money from the stock market, you claim the credit.
If you lose money, you said it is Government's fault, father's fault, mother's fault...Everybody is at fault except you.
This Singapore government is not the best. I don't like their hard approach and "I say, you do" attitude. But it has done an amazing job to make sure everybody has a job here.
The problem with Singapore market is that it is a small market after all. And it has not done well in attracting international money into the equity market.
 
Do your homework and you will be well rewarded. Don't blame everybody for your mistakes.
Last edit: 09 Apr 2011 22:34 by MacGyver.

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  • cheongwee
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10 Apr 2011 01:45 #5646 by cheongwee
Replied by cheongwee on topic Re:Re:Re:Jiutian Chemial
laugh not and u will not be laugh at. let it be, please dont increase their suffering further. If u are one of them, u wont be laughing. And no, i dont vest here, i suffer during the financial crises "clob" and Pan electric. But i thk overall I still make a lot. Ok, now to recover your losses, i would like to call you to buy Sapphire, if you say i want to tok it up, u are wrong. nobody can do that. Not even BB. U thk one BB playing? Even WB can play for a while only and to this extend influence the px for awhile. Always vest with what u can afford to "lose all". If not, better dont buy. My suggestion or if u like disclaimer. But i dont thk this time i am wrong. We see, we see. always cut and move your trailing stop as px soar.

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10 Apr 2011 04:24 #5648 by MacGyver
cheongwee, I have studied this company, Sapphire before. There are a few things I don't like about this Company. The major is that the Singapore listed entity is not the decision maker. Read the shareholding structure and you will understand what I mean. Dividends may be distributed but it may not reached the Singapore entity. Buyers beware.

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10 Apr 2011 09:17 #5650 by cheongwee
Replied by cheongwee on topic Re:Re:Re:Re:Re:Jiutian Chemial
I never buy stock for div. yield.I am buying the trend. Hope i am right. If the stock go down, aren't you paying the dividend from your own money? I dont know why ppl like buying stock for the dividend. If you are really going after div. the safest i thk is SPH, Singpost, or maybe just spread over a few reit. May all be well and happy.

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