The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
I'll pm ya later with a bit of info on it... Just in a and e with the little one.... Yea been in for a while as a punt...could go mental.
I'll email ya something about this later..
Sent you a a PM with it on and some other info.
derrickwong@ctu-Logistics.com Give the rat an email...
From 300p to 80p
Have had a reply, they stand by their original research like they have in previous emails to me. "has previously responded with something by way of explanation on CTEK’s share price fall, the implication being that she is satisfied that it is not a scam." I expect the results next week to have excuses and delays in the re the new business park etc...will wait and see.....
This was a Midas share tip in the past. Hence why I took an ill advised little punt. Results are due next week - let's see if they last that long.... I have expressed my concerns to Midas re this months back and have emailed them just now to see what research Joanne Hart did to verify this company before putting her recommendation in black and white.
The pattern is always the same. At the IPO new money is raised from stupid British investors for the Chinese companies which often appear to be domiciled in the BVI and similar jurisdictions. Savvy Chinese investors giving all sorts of plausible excuses sell a few. Zedex bails as soon as the stock is listed. As time goes on you often see the original Chinese investors sell more into the aftermarket, lapped up by thick Gwaelos. But as the cash starts to disappear from the PLC the share price tanks. To spare blushes another Chinese company will come along and make a tender offer at a fraction of the IPO price and the stock delists. I wonder how many of those fine enterprises bought out by their compatriots are still trading today. Have you tried finding any google mention today of the world beating digital monitoring technology of Bluestar for instance? Good luck. As you can see, many in the City have made good money listing these crap companies on the AIM Casino. Evolution was the leader in its day as in the PR stakes was Weber Shandwick. These days it is Daniel Cesspit and Abchurch (secret footage of whose team building ahead of its next PR assignment for a China fraud I revealed HERE today) that dominate the field. The Chinese crooks make money, the City crony capitalists, PR spivs, nomads and brokers make money. And poor private investirs on the AIM Casino lose money. This is so shockingly nauseous, it surely cannot continue? Looking at the Zedex track record should be a salutary warning to anyone left holding shares in the China stocks it brought to market and as such here is a table from me with my stance on the companies still trading.
I think that it is now 100% clear that Naibu (NBU) is a fraud. It is only a matter of time before it goes to 0p or is booted off the AIM Casino. But where did it come from and is it unique? Meet Zedex Capital. What follows will shock you. It says so much about how corrupt AIM and the City advisors working on it have become. It is a scandal. Zedex is not regulated by the FCA but acts in London and says of itself: Zedex Capital is dedicated to bringing quality Chinese companies to the London Stock Exchange, in particular the Alternative Investment Market (AIM). Our core business is grooming high-growth and sufficient-size Chinese companies to ensure that their business strategy, financial soundness, and corporate governance are adequate for an Initial Public Offering (IPO), so that the transaction can be executed smoothly and swiftly once all professional advisers are on board. In return for this grooming of pert young companies it gets shares in the companies which it dumps as soon as the company has IPO’d. Very helpfully it has published on its website a list of its AIM IPOs. The record is truly dire: Company AIM Casino Admission Date Price on Admission AIM Casino Departure Date Price on Departure/today Net Loss Advisers (Nomad, PR) Asian Citrus Aug 05 112p N/A 14.125p 87% Cantor Fitz, Weber Shandwick EBT Mobile Sep 05 17p Dec 08 6p 65% Panmure Gordon, Weber Shandwick Prosperity Mineral May 06 148p Sep 13 130p 12% Daniel Stewart, Citigate China Biodiesel June 06 85p Jul 10 16.5p 81% Evolution China Medstar Oct 06 78p Jul 10 62p 21% Evolution China Medical System June 07 138p Dec 10 Delist to HK NA Cantor Fitz BlueStar SecuTech June 07 48p Nov 13 2.5p 95% Westhouse. Tavistock Asia Distribution Nov 07 Not available Jan 09 52.9p NA Evolution, City Profile Natsun Dec 07 122p Mar 09 80p 34% Evolution China Eastsea Jan 08 24.5p Mar 10 10p 59% Cantor Fitz Asia Ceramics Sep 10 66p NA 46.5p 30% WH Ireland Naibu Apr 12 124p NA 22.5p 82% Daniel Stewart, Abchurch China Chaintek Aug 12 160p NA 79.5p 50% Daniel Stewart, Abchurch Camkids Dec 12 88p NA 43p 51% AVERAGE 56% There are two companies removed from this – one which moved to HK and one where I cannot find the admission price but an average loss on the other 12 of 56% is disgraceful. Actually it is worse because some stocks were pumped up post IPO. The pattern is always the same. At the IPO new money is raised from stupid British investors for the Chinese companies which often appear to be domiciled in the BVI and similar jurisdictions. Savvy Chinese investors giving all sorts of plausible excuses sell a few. Zedex bails as soon as t
Done an article on it , amongst others, being a crock of sht and China bring fraudulent. Results next week here. See what happens then and I'll either leave in or take a big loss and walk away as this is a dog.
I've spent hours looking into this little bugger. Can't find a thing! This will be a little cheeky early morning rocket out the blue one day that we don't see coming.
And have been watching it rise with the ramps but for no real reason. Only time and substance will get back to me 12... Not a massive amount but still a bummer
Done mate, as I said not much but pads it out a bit....
Cautionary note tho... VIY , we were expecting a spike and got a damp squib.... Chalk and cheese though I know....
It ain't much but don't wanna put it on here....what's ya email and I'll fire it over...
the 20k sell from this morning at 8:47 must be at a loss? unless it was someone who got in at the initial 50p which would be very strange.....
na see Ferr post from Friday 22.18 buys reported as sells.....
At 11:26 today yet again no buys nor sells.
Done mate
No great shakes brother...what's ya email address and I'll pop something over....