Camkids Share Discussion Threads

[jeangl] 09/10/2014 19:26

…and there’s one thing the investor community is bad at: learning from previous mistakes. By the way there are serious datapoints this forum hasn’t picked up yet from previous similar cases. You’d think that in 2014 information would be more fluid… efficient markets, right…

[jeangl] 09/10/2014 19:25

yep… extracting cash from naïve western investors is probably a good business to replicate there (the caixin article is quite telling on that matter! )

[chevalierdaven] 09/10/2014 16:50

Jeangl, I doubt they are serious bulls any more. That anyone is still investing in these stocks (CAMK, Naibu, CTEK) is beyond my understanding after all the red flags,such as the recent divi down, or the fake factories, all those scary patterns.

The pattern is so clear… there’s one thing China is good at, it’s copying/replicating an idea that works.

[jeangl] 09/10/2014 16:35

well, if half of the vocal bulls on that forum could put on meaningful long positions that could make things more interesting I suppose...

[chevalierdaven] 09/10/2014 16:17

There is not real market in CAMK as far as I can see… or rather it’s a one way market....unbalanced supply and demand make it very easy to buy, but selling is very tricky.... I actually bought the shares a while back (no problem on that direction!), I can tell you it wasn’t easy to sell, I must have printed a low that day, so forget about selling short in any meaningful size.

[chevalierdaven] 09/10/2014 09:03

I have tried but no chance. I heard some managed through spread betting, but you can’t really do any decent size apparently.

[jeangl] 08/10/2014 17:01

Does anyone know how to short this practically?

[chevalierdaven] 08/10/2014 16:45

maybe the delisting is the end game and is the right answer to stop the investors misery and price downward spiral after all? they could actually be testing the idea with this visit to the UK?

[philjeans] 08/10/2014 13:58

Could be MMs trying to get the price down to fill a large order. Bizarre I know but these things do happen - institutions trying to buy in now after the presentations?

Or just a few disgruntled PIs selling up - who knows!

[graham1ty] 08/10/2014 13:04

Looks like only small sellers so far. No reassurance given ? Or something said that leads to further uncertainty ?

[graham1ty] 08/10/2014 09:42

Think Board meetings with institutions start today. They hope to show this is a real Business and they are committed to the listing. Good

[philjeans] 07/10/2014 09:07

Yep - and the business is doing very well indeed.

Another red herring from the shorters!

LOL!

[muffinhead] 07/10/2014 00:19

"The Group carries out its trading business through Mingwei. To enable the Group to seek overseas (i.e. outside the PRC) investors (which would otherwise have been in breach of PRC laws), the following group structure has been put in place:"

See section 15 of admission document on group structure



"Admission Document (no matter whether in draft form or in its finalised version) been
approved by the SFC pursuant to section 105(1) of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong
Kong) (“SFO”)...."

So AIM listed Camkids owns dodgy Hong Kong subsidiary which in turn owns trading company Mingwei in Peoples Republic of China


I am not sure UK shareholders really have ownership of this company. The dividend scrip issue is a fraud imo

[qs99] 02/10/2014 13:12

ticked up again

[edmundshaw] 30/9/2014 19:20

Graham, if you like the company valuation, you can take the scrip and up your holding for free. You will improve your share of the company based on those taking cash (which we know will include the chairman).

[graham1ty] 30/9/2014 18:09

Re instos, for the last six months as the "locked in" holders have been selling Allenby has been calling on insto after insto to take the stock. Those stuffees, of whom there must be quite a number now, should want to ask questions....

[graham1ty] 30/9/2014 18:07

Top vest. Re the scrip. If the company feels it is undervalued, why issue any shares at all. They would not do a Placing at these levels....so why is a scrip even on the table ?

[topvest] 30/9/2014 17:23

Simon Thompson doesn't seem to be asking the right question. I fail to understand why they are encouraging a scrip dividend at this share price? A cash dividend of 2 p is stingy as well.

[topvest] 30/9/2014 17:21

It will be interesting to see if institutional shareholders start buying next week when management have answered any questions on their visit to the UK. I can't understand the logic on the scrip and cash dividend and would want some answers.

[qs99] 30/9/2014 13:21

to be fair to ST he has got more right than he has got wrong IMO....

thanks for posting, all helps and a marked turnaround in CAMK today shows buyers are out there IMO..