Camkids Share Discussion Threads

[trentendboy] 29/9/2015 19:42

Utter disgrace

[11_percent] 29/9/2015 16:44

Caradog   29 Sep'15 - 10:19 - 1513 of 1517    0   0

11%, the NOMAD has resigned and the company must be suspended from AIM until a replacement is found, which is extremely unlikely.
----

Ok cheers.

[topvest] 29/9/2015 15:36

Well no surprise really. Exactly the same net result as Naibu, but with a slightly different story. Disgraceful.

[davidosh] 29/9/2015 15:06

That was two years ago and as accurate an assessment as could be made based on the known facts and credibility of the NEDs....two years later it is easy to see things differently but the whole issue of Chinese listings on AIM should be investigated

[the stigologist] 29/9/2015 12:20

Should anyone take your words to have any credibility though ?


CamKids Group PLC - Chinese clothes designer/manufacturer - CAMK

davidosh - 18 Feb 2014 - 14:20:28 - 432 of 1515

Just for the record....

All Chinese companies have the same year end. CAMK were also in a closed period. Their nomad did not object to or advise against coming to the event indeed they were there and monitored everything and helped provide research material including the excellent presentation packs.

The CAMK non execs said at the very start what they could and could NOT answer questions on. I meet hundreds of directors and I have to say these were two very impressive non execs...they answered everything in a very honest, diligent and straightforward manner. Just about every person who came as a total sceptic and has never invested in China based companies listed here certainly left with a good feeling that if there are genuine companies to be found then it is a very good chance CamKids is one of them !

They were impressive guys and I can tell you that they found the audience to be equally impressive with the depth and range of questions. The fund manager that attended yesterday, and we do have many who come along, was amazed at the dinner event and its popularity and high standard of questions from the floor.
There were 82 investors there last night and CAMK deserve much credit and will have gained many friends and potential new investors.

I bought for the second time this morning and I only bought my first stake yesterday when it dipped below 90p. I am very comfortable having met the non execs and it pays a good dividend so I will see how the final results look and adjust or add after that. The directors have assured me that they want to have good lines of communication with us all following this first event and I have no reason to think otherwise.

Naibu and Ctek could have done exactly the same and had the opportunity even until yesterday afternoon when I assured them that all the companies could read out the riot act about closed periods but it appears Daniel Stewart who are Nomads and brokers to the other two simply did not want them there ! and even DS refused to attend to explain themselves as well so bad form IMHO.

[davidosh] 29/9/2015 11:13

My rant for the day...

[caradog] 29/9/2015 10:19

11%, the NOMAD has resigned and the company must be suspended from AIM until a replacement is found, which is extremely unlikely.

[11_percent] 29/9/2015 10:07

Does not say why it is suspended.

[graham1ty] 29/9/2015 09:43

Stood up for shareholders ? J-F D has been a bloody wimp the whole way through. A toothless moron

[caradog] 29/9/2015 09:36

Suspended.
At least the non-exec stood up for shareholders and opposed giving cash to distributors.
The AIM Chinese cemetery gravedigger is working overtime.

[the stigologist] 24/9/2015 15:53

September 23, 2015 11:24 pm

Aim’s Chinese disasters offer cautionary tale for chancellor
Kate Burgess

If the UK Chancellor wants a cautionary tale for his initiative to link London and Chinese stock markets, he should look to the Alternative Investment Market.
This week two of the 45 China-­based companies quoted on London’s junior market have either had their operations suspended or their shares. They are just the latest of a long string of Chinese disasters on Aim.

JQW, which provides business-to-business web services to Chinese companies — and claims to be second only to Alibaba — has been fined and barred by the Chinese authorities from doing business for a month. Language on a site that JQW managed for a client was considered by the regulator as a pitch for a pyramid scheme, says an adviser. The company’s shares are a tenth of what they were when they floated on Aim at the end of 2013.

Shares in Vmoto, the scooter company jointly listed in Australia, were suspended on Monday ahead of a profit warning on Wednesday. Its shares have fallen by a third in a year.

Confidence in Aim has been dented by persistent evidence of the gaps between Chinese and western understanding of ownership, shareholder rights and appropriate board governance. The slowdown of the Chinese economy has only added to investor qualms...(more)

[davidosh] 24/9/2015 15:40

Kate Burgess the business reporter at the FT writes about China listings on Aim

[trentendboy] 16/9/2015 23:51

Would have been a spread betting account. Some do AIM but never checked this one. Used the to short Deltex and others

[trentendboy] 16/9/2015 16:47

why did I not short this - it was always so utterly doomed

[11_percent] 11/9/2015 19:52

It is a scamm.

Do not go near.

I fully expect the Motly Fool or IC to tip it again.

[guernseymoney] 11/9/2015 17:36

Thanks topvest, I only know this company having read about it in Inv Chron.

I'll take your advice!

[topvest] 11/9/2015 17:11

lol...you must be joking surely. Next step suspension or > 95% probability in my view.

[guernseymoney] 11/9/2015 09:22

Is this a buying opportunity now? Surely.

[topvest] 30/8/2015 17:38

I agree - FCSS is a better way of investing in China.

[jerc] 18/8/2015 21:14

As an investor it's foolish to completely ignore China.......just spread your risk in a respected fund like Fidelity's China Special Situations.

[ramas] 14/8/2015 15:43

Who on earths buying the shares ?

[loverat] 14/8/2015 14:14

Wow.

Took you more than a day to come back on that one.

Was your laptop in for servicing yesterday.

Clear out all the Clerkenwell pizza crumbs and vomit from your keyboard perhaps?