JQW Share Discussion Threads

[woodcutter] 09/11/2015 13:36

I guess at some point we've all been taken in a little with Chinese AIM stocks my failings were GNG and RCG, thankfully i got out in sufficient time not to lose overall.

These two stocks were some of the early IPO's and the writing was clearly on the wall for anything China related from then on. What puzzles me is many years later investors are still sucked into the new releases.

They are harsh lessons but it's clear that these companies do not have the same ethics as UK busineses.

This is going to be a slow drawn out process to delivering the same result as the recent debacle at GBO. (granted not a Chinese stock but a typical AIM scam imv)

Sadly they're giving the AIM market a poor reputation which is unjustifed imv as there are many good quality stocks on AIM, it just needs policing to a higher standard.

Personally i avoid anything on AIM that's Chinese, Greek or Israeli.

my commiserations to anyone holding

woody

[davidosh] 09/11/2015 12:06

100 companies, 100 different stories, 100 different endings.... same result !!

The LSE do not comment, The head of AIM refuses to attend meetings where their role will inevitably be questioned.

[bookemlockem] 09/11/2015 08:23

they've developed a script and abiding by it. In the end the script says

"the company dramatically tells the market" :

'sorry folks, all this has lead to us into an impossible situation and financial mess - which is not of our doing. This has lead us to suspend the shares pending clarification of our financial position'.

and "scene"

[nw99] 09/11/2015 07:55

Imaginary profits

[graham1ty] 03/11/2015 07:14

Soul, that was a month ago......since when a number more have been delisted or suspended. Nothing appears to have changed.

At JQW, they should be saying to Non Execs, advisers and the Company "are you for real ? Prove it"

[graham1ty] 02/11/2015 18:26

David, are you aware if any attempt was made to find another NOMAD at CAMK ? Have they any representative in the Uk at all ? Even a PR company ?

In theory we are still shareholders in a company, just an unlisted one. We should ( ha ha) get accounts and occasional announcements.....or not

[davidosh] 02/11/2015 17:36

Surely the non execs will want to continue to be paid their £3000 per month for as long as possible so far at least until the cheques bounce or the company gets delisted.
The poor UK investors sucked in are the last to know what happened to their cash if indeed it ever existed in the bank and I suspect the money raised in placings was immaterial compared to the number of shares traded on the secondary markets.

I suffered at CamKids too so have worn the tee shirt.

If the NEDs in all these chinese companies really cared they would be grouping together aND BANGING DRUMS FOR INVESTORS TO HELP GET COMPENSATION Oops

[s34icknote] 29/10/2015 08:37

So it does exist ?????

[bismilallah1] 28/10/2015 10:39

Can not buy online

[solrei] 27/10/2015 16:02

Their website is live again.

[mike111d] 20/10/2015 12:12

This is really odd IMO, a company issuing an RNS stating that it is pleased to have to train its staff - something that you should be able to take for granted in the normal course of events.

[fillipe] 20/10/2015 11:49

Seems easier to sell a decent number of JQW shares than to buy a similar amount.

f

[dgarvey] 16/10/2015 08:55

Since the website is suspended one has to wonder where all the on-line businesses have gone this month. They are either on hold or have moved to a different platform so what will be left of JQW.Typical Chinese AIM - head is the sand.

[bismilallah1] 16/10/2015 08:20

Can not buy on line

[yump] 15/10/2015 10:08

"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"

Very similar to the gap in understanding between our local butcher and the person that stole the charity box on his counter.

Everything will be OK though, if we all talk in euphemisms.

[tanelorn] 08/10/2015 16:23

www.jqw.com

Have a look, oh dear!

[the stigologist] 06/10/2015 17:01

Last one out turn out the badly made lights

[soul limbo] 06/10/2015 16:35

and another suspended :



China Rerun Chemical Group Ltd

06 October 2015

6 October 2015

China Rerun Chemical Group Limited

("China Rerun" or the "Group")

Resignation of Director and Nominated Adviser

As part of its ongoing review of the Group's systems and controls, Cairn Financial Advisers LLP requested the Group to commission an independent review. The Board of the Group did not wish to proceed with this review and as a result, Nick Lyth, Non-executive Director, has resigned with immediate effect.

Accordingly, Cairn Financial Advisers LLP has also resigned as Nominated Adviser with immediate effect.

The Groups's shares have today been suspended from trading on AIM. In accordance with AIM Rule 1, if the Group fails to appoint a replacement nominated adviser within one month of the date of suspension, admission of the Groups's shares to trading on AIM will be cancelled.

[ochs] 03/10/2015 14:45

Indeed - I'm keeping an eye. I think the difficulty now is that so few people believe that they actually have the cash, and paying no dividend on increased profits doesn't help to convince people. They could also have announced some sort of share buyback to try and improve the situation.

At this stage we don't know if the website will be closed for more than a month or not. Will certainly be interesting to watch from the sidelines for now.

[loobrush] 02/10/2015 10:33

Well that came out of the blue and I thought that to suspend the website was a draconian thing to do by the Govt.
Clearly this will affect their trading and it is difficult to assess what the long term damage may be.
However they still have a pile of cash.
I think you did the right thing to sell as it was very bad news. I did the same.
However if you want a gamble picking some shares up if they are low enough before they restart the website may be an interesting punt.