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JSI Jiasen Int.

0.875
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Jiasen Int. Investors - JSI

Jiasen Int. Investors - JSI

Share Name Share Symbol Market Stock Type
Jiasen Int. JSI London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.875 00:00:00
Open Price Low Price High Price Close Price Previous Close
0.875
more quote information »

Top Investor Posts

Top Posts
Posted at 26/4/2017 13:04 by wstirrup
Had a brush with unscrupulous senior management, as I've been a long term investor in ASA (MWA as was, and AFG before that)

Two senior managers - both Chinese recently ousted, so my fears confirmed... that money that should have been used to develop the business, has gone...

Caveat Emptor, seems to be ever more the point.

W.
Posted at 29/1/2016 11:25 by carbon man
I see everything about this stock from 20p downwards. I cut my position on rumour and misinformation a while ago after the last dividend payment on realising that this shares was being systematically dismantaled by insinuations and frightening the private investors. The falls in the Chinese economies did not help (of course)
The pattern has been repeated over and over on the Aim market from Cupid downwards to the latest Pantheon. This interferes with natural market forces and will eventually smaller company trading.
Posted at 26/9/2015 22:50 by kingston78
TW's allegations are very serious. Has he reported to the relevant authorities? Have the relevant authorities taken any investigations? Has TW a vendetta against JSI and/or Chinese companies listed on AIM? What are his proofs? Are they simply unfounded theories or his imagination?

If TW believes that he is right, then he should report his findings to the relevant authorities because he will do a service to investors and the integrity of the UK stock market. I urge him to do so.
Posted at 26/9/2015 14:32 by johndee
TW has been saying the same for many months now, probably since it was floated on AIM. If he is wrong then he will be bankrupt when it is proved. If he is right then he will be a celebrity figure and all investors will hang on to his every word. Only time will tell.

The interesting fact is that even after the interim report, he still holds tightly onto his belief that the company and its directors are fraudsters.
Posted at 25/9/2015 13:39 by kingston78
The biggest "frauds" that are done openly are by the largest listed companies sucking investors (large and small) billions of pounds by issuing shares which have subsequently fallen substantially. How many large-cap companies have gone bust or on a downward path? How many of these companies have used all kinds of accounting tricks to conceal the truth (or in the case of VW, fiddling the emission level)?

In the case of JSI, even if it were a fraud, the amount of money lost is really petty cash relatively speaking. Of course, I am against all kinds of fraud.

I do not know the background or the numbers well enough. How much did JSI raise in terms of fresh capital on its IPO? If it were a fraud why did the company pay two dividends and continues to pay an interim dividend? Why would they go through all the trouble? What is the financial gain for the people behind the "fraud"?
Posted at 25/9/2015 10:59 by loobrush
JSI Director Mr Woolf points out that Jiasen made an unusual pact with Aim’s regulator, promising outside investors they can sell shares at the float price of 82p if the company delists within two years of flotation

This is going back to 20-25p in short order.
Posted at 21/9/2015 20:42 by dicko80
spoke with IR today -

The company is well aware of the comments being made by a certain blogger, they have decided to let the companies results do the talking. Once people see the company is growing and profitable then the doubters will go away, but they do want to keep shareholders more updated going forward and will be doing this at the very least with releasing quaterly trading updates.

They mentioned there have been 2 very balanced articles about the company recently.

One in China Daily
hxxp://europe.chinadaily.com.cn/epaper/2015-07/31/content_21459737.htm

and one in the FT


I asked about directors buying shares and was told Mr Wolfe is very "switched on" which made me think maybe they might buy some shares in the market after the release of the interims or even a share buy back with the large cash on the books ($48million) Mr W is of the opinion that the current mkt valuation is purely due to Jiasen being a chinese company and being "tard with the same brush" which is very unfortunate, as the company has a large cash base, profitable, but over time the opinion will change as the company grows.

The company also had a buy rating re-affirmed by Beaufort Securities five times the current mkt valuation and also that the company has agreed that investors can sell shares @ the float price of 82p if they de-list within 2 years.

They have issued 3 number "we are not aware of any reason why the share price has fallen" RNS to re-affirm the company is trading in line with market expectations and if anything had changed they would need to update the market.
See June RNS


interims are pending and will be out shortly.
Posted at 14/9/2015 18:51 by dicko80
FT Article - July 2015

Almost exactly a year ago, JSI, maker of doors in Fujian province, became the 50th China-based company to float on Aim. Then, it was valued at £100m. It is now worth £8m. This month, for the second time since it became a UK public company, it said it knew not why its shares had fallen so far.

It is unfair, says Derrick Woolf, a non-Chinese speaker who is the company’s only non-executive and only UK-based director. He points out that Jiasen is profitable, has about Rmb300m ($48m) in cash, is paying a dividend and has founding shareholders in China who own 80 per cent of the shares and were locked in for a year when Jiasen listed.

He reckons Jiasen has been unjustifiably tainted by the travails of other Chinese companies on Aim. Last month, shares in shoemaker Naibu Global were delisted after its UK-based directors lost contact with China-based executives. Sorbic International, a food additive business in Shandong that lost control of its cash and corporate seals, and then its nominated adviser, has until July 16 to appoint a new nomad. If it cannot, its shares will also be cancelled.

Mr Woolf points out that Jiasen made an unusual pact with Aim’s regulator, promising outside investors they can sell shares at the float price of 82p if the company delists within two years of flotation.
Posted at 30/8/2015 11:54 by dicko80
Derrick Woolf, a non-executive director of Jiasen, a Quanzhou furniture firm that listed on London's Alternative Investment Market in June last year, said he believes more Chinese companies will seek listings overseas, because international stock exchanges' stringent corporate governance regulations would boost their brand value.
And that will help the Chinese firms do business in their domestic markets, as well as help them strike partnership deals with overseas companies, Woolf said.
Jiasen, which raised 2 million pounds through its AIM IPO, has since entered discussions with Western companies over possible partnerships in China, Woof added.
The overseas listing allowed Jiasen to purchase a piece of land in China from the local government at discounted price, and use it to set up a new factory. This is because Jiasen's London listing has helped give credibility to the firm.
Another benefit of listing in a market like AIM is stability of valuation, because such a market is generally driven by institutional investors who hold their investment for the long term.
This is very different from China's domestic stock markets, which are dominated by retail investors who make decisions less rationally and tend to make more trades on a short-term basis, with their decisions greatly influenced by market sentiment as opposed to company fundamentals.
"From the perspective of a quality company, as they steadily grow and they meet investor expectations, their share price should rise steadily as more investors buy into their stocks over the long term," Woolf said.

hxxp://europe.chinadaily.com.cn/business/2015-08/10/content_21541697_2.htm
Posted at 12/8/2015 10:35 by carbon man
I'm not 314, but I think he is talking generally about the 'antics' of TW and his mission, which appears to destroy AIM companies indiscriminately. Same pattern, get a bearish article written in the States, followed by a Shorting Campaign, through Europe into the UK, frighten the Private Investors, Hit the stop losses, suggest Suspensions and keep on and on ad infinitum