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Sino Grandness
24-01-2019, 05:46 PM.
Post: #1851
RE: Sino Grandness
(16-01-2019, 10:54 PM)Retired@52 Wrote: Dear Value Buddies,

You refer to this tread, post 1323, 3 years ago on 16th Feb 2016, I cautioned those who debated on "Facts of the S-Chips" and I said: "time will tell". Now the time is coming.

well, those who are good in debate normally don't spend enough time to learn the real skills...

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28-01-2019, 11:28 AM.
Post: #1852
RE: Sino Grandness
https://www.scmp.com/business/banking-fi...rms-expose

Cashflow is a better guage of liquidity. Accounting 101 will say 5% stock bonus and 5% dividend yield is the same but VBs' eyebrows are more sensitive to such things.
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward

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29-01-2019, 08:07 PM.
Post: #1853
RE: Sino Grandness
Response to SGX's Query on  Reason why the Company has been unable to meet its obligation to TTA on the loan repayment.

http://infopub.sgx.com/FileOpen/Sino%20G...eID=542047
Specuvestor: Asset - Business - Structure.

http://www.valuebuddies.com
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29-01-2019, 08:58 PM.
Post: #1854
RE: Sino Grandness
going by the company reply, I understand it to mean that Sino Grandness does have the $ to repay the loan to the Thais. What is still unclear is why the Thais issued the letter of demand. Were they doing it out of compliance with listing rules or were they uninterested to talk further and really want cash back? Regardless, Sino may be inferred to be able to repay. Let's see.

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29-01-2019, 09:12 PM.
Post: #1855
RE: Sino Grandness
(29-01-2019, 08:58 PM)Coco Wrote: going by the company reply, I understand it to mean that Sino Grandness does have the $ to repay the loan to the Thais. What is still unclear is why the Thais issued the letter of demand.  Were they doing it out of compliance with listing rules or were they uninterested to talk further and really want cash back? Regardless, Sino may be inferred to be able to repay. Let's see.
Seriously that's your understanding? My impression is the company has everything but real cash.... Big Grin

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30-01-2019, 12:10 AM. (This post was last modified: 30-01-2019, 12:16 AM by TerryT.)
Post: #1856
RE: Sino Grandness
Sino grandness defaulted the 15% interest rate payment..... Borrower must be in very desperate position  to accept such rate in the first place....

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31-01-2019, 10:52 PM.
Post: #1857
RE: Sino Grandness
(29-01-2019, 09:12 PM)desmondxyz Wrote:
(29-01-2019, 08:58 PM)Coco Wrote: going by the company reply, I understand it to mean that Sino Grandness does have the $ to repay the loan to the Thais. What is still unclear is why the Thais issued the letter of demand.  Were they doing it out of compliance with listing rules or were they uninterested to talk further and really want cash back? Regardless, Sino may be inferred to be able to repay. Let's see.
Seriously that's your understanding? My impression is the company has everything but real cash.... Big Grin

Not everything... now no honorary chairman

http://infopub.sgx.com/Apps?A=COW_CorpAn...uddies.com
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward

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01-02-2019, 12:10 AM.
Post: #1858
RE: Sino Grandness
(12-04-2016, 12:18 AM)corydorus Wrote: Stocks are easily manipulated in forum, rumors, tips etc by syndicates comprising of analyst, money maker, broker, insiders and ...this are real.

When in doubt i will avoid especially s-chips simply there will be other opportunity. If i lose it, this will takes a long time to recover. This are hard earn money. I am also sure some will learn their lesson due to greed so reader beware.

I don't have strong analyst capability but some basic common sense to avoid "Land Mines by Probability" will help a lot in our investing journey.

Cory

Just my Diary
corylogics.blogspot.com/



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10-02-2019, 06:13 PM. (This post was last modified: 10-02-2019, 06:17 PM by Curiousparty.)
Post: #1859
RE: Sino Grandness
More than 200 companies have successfully listed their companies in HKSE in 2018 but SinoG did not manage to do so. In fact, HK has sweetened the deal for companies wanting to list there, e.g. dual-class shares.
https://asia.nikkei.com/Business/Markets...h-listings

The IPO process is detailed under Section 2 at the website below.
https://www.globallegalinsights.com/prac...ercontent2

Not sure how far SinoG managed to go in their "attempt" to get listed in HKSE. If more than 200 companies managed to list in HKSE without much issue, not sure what issues did SinoG encounter? Perhaps, shareholders should get an update from Mr Huang at the upcoming AGM (if the AGM materializes).
[I am not here to promote any stocks. Please always do your own research before embarking on any investment decision. I will not be liable for any of your own decisions. Your use of any information or materials is entirely at your own risk. It is your responsibility to ensure that any products, services or information meet your specific requirements. I do not produce material which meets the objectives of any specific financial and risk profile of investors.]

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