Thoughts?27 Apr 2015 23:37
III Board post..
http://www.iii.co.uk/investment/detail/?display=discussion&code=cotn%3AJQW.L&it=le&action=detail&id=11605772
"I was alerted to this share by the accusations made Tom Winnifrith.
On the basis that he is regularly very wrong, I decided to investigate the company to see whether he was wrong and a multibag profit is available here.
My research has been totally internet based, and included trying to find independent references to JQW in trade articles and a visit to the JQW websites.
There is very little reference to JQW in trade articles, which surprises me as a business with the growth & number of registered users that they claim would be expected to get many more relevant hits than it does.
Visiting the site jqw.cn does not help much as it is all in Chinese, however, visiting jqwmall.com raises many concerns. In summary, almost all of the page links on the site are broken - I could not navigate to any page actually selling something.
I created a user account, but on trying to log in, the links were broken.
As part of the JQW business is the development of websites for their customers, the major problems on their flagship English language website is very concerning.
My conclusion is that it is more likely than not that this is a scam as claimed by Winnifrith.
On the Quindell message board, eagle51 has posted an excellent message describing how a scam could be running with JQW - it is well worth reading:
http://www.iii.co.uk/investment/detail/?display=discussion&code=cotn%3AQPP.L&it=le&action=detail&id=11605285
On balance, I have decided not to invest in JQW"