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YGH Yinggao Hldgs

1.75
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Yinggao Hldgs LSE:YGH London Ordinary Share GB0003754743 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.75 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Yinggao Share Discussion Threads

Showing 676 to 698 of 750 messages
Chat Pages: 30  29  28  27  26  25  24  23  22  21  20  19  Older
DateSubjectAuthorDiscuss
15/3/2012
11:31
Agreed Matt

Reminds me of an old Simpsons episode when Homer is certified 'Not Insane"

If they come through this, they can stamp; Certified 'Not Corrupt' on all their docs.

Just glad this ones in my pension.

davydoo
15/3/2012
11:24
little they can do at present. If they come out of it clean, then it is a good vindication of the business in the longer term. I'g imagine though that this sort of thing is not uncommon in the industry. I mean, how often do you open a container to check contents to the bill of lading?
mattjos
15/3/2012
11:14
The vessels detained is the standout for me. If they're not working, not only is it a loss of revenue, whilst absorbing costs, but my biggest concern that customers once finding alternatives aren't going to come back.

I know what id be doing if i was in the sales team of a rival.

davydoo
15/3/2012
11:11
Grief .. little we can do other than hope the investigation proves the allegations are groundless and/or exhonorate any wrong-doing by the company's officers.
Very frustrating though given the progress the company seemed to be making ~& having the vessels detained is very damaging to the revenue line.
Is this a genuine case or, is it one made up by competitors to throw them off balance? Looks like it will be severl weeks yet before we are any wiser so, sock drawer time.
The majority shareholder must be seething

mattjos
15/3/2012
11:09
You want a reaction on ADVFN inside two minutes?

I'm still too busy smashing plates and throwing vases

davydoo
15/3/2012
11:02
no reaction yet?
zangdook
16/2/2012
08:24
YGH is showing at zero value in my account. I realise it doesn't change anything, but it was a bit of a shock this morning.
davydoo
11/2/2012
08:58
Yes, possibly. But whatever holders think now it's too late to take any action - from our side (if private investors ever have that option in the first place).

Everything now is pure speculation, until news is received from the company or the regulatory authorities. For the second time in 8 years I'm minded to write my investment in YGL off, until I hear any positive news, or see any positive development.

damanko
11/2/2012
00:49
They may be copying the Sinosoft model - announce unexpected bad news, let the share price fall (or just stay suspended - how far can this fall) and then ever so reluctantly take it private on the cheap.
zangdook
10/2/2012
22:20
No news on suspension being lifted concerns me, whatever the impact to the share price might be. BTC went to the wire of being suspended for nearly six months, before it would have had to delist due to AIM rules as i understand it.

The last line of the statement is interesting regarding impact to trading, because aside from any additional costs of meeting the requirements of the authorities, it implies a reduction in business, and therefore suggests they know certain business won't now be forthcoming, perhaps because they know the customer that is being investigated, unless there is potential for reputational damage of some sort leading to reduced trade.

Another concern I have is that this adds to pressure to delist, as presumably they would not have to make these kind of market declarations as a private co

davydoo
10/2/2012
16:43
Hm. Obviously not good news.

Am puzzled as to why the shares have been suspended though.

On this basis BAE Systems, major supermarkets and the like would have spent half their corporate lives under suspension. Innocent until etc...

For some reason I fear some kind of black hole in their accounts, which they are now investigating. And/or officers of the company suspected of being involved in the alleged offences.

I trust I'm wrong.

damanko
10/2/2012
16:07
agreed camy. back to the sock drawer for now it seems. must hope the investigation shows YGH were acting unaware of their client's motivations.
customs investigations are not uncommon. probabkly take a while to follow the paper trail though

mattjos
10/2/2012
16:05
That one came a tad out of the blue.
Guess it will take at least a year to return to business as usual.

camy
09/2/2012
19:55
I didn't get a call back from the message i left, and didn't get a chance to call again. Wait and see what tomorrow brings
davydoo
09/2/2012
11:52
Just been reading AIM regulations, oh joy, before I call Daniel Stewart.

Found This;

Where an AIM company needs to notify the loss of its nominated adviser it should first liaise with AIM Regulation so that where no replacement has been appointed the necessary suspension may be put in place to coincide with the notification.

Cant find much else.

Plus I've seen companies change nomad before without needing to suspend.

edit. Just realised its only suspended if no replacement is appointed. Unlikely to be the cause though.

davydoo
09/2/2012
09:16
Agreed. But the history of Yinggao - going way back to the ARKO days, has shown that announcements are kept to the very bare legal minimum. Two sets of results per year, and the odd chairman being imprisoned, dying, and additions to the board. If there is some news out there in this age it would surely leak.
damanko
09/2/2012
09:10
It's a bit much suspending in advance of an announcement and then not making the announcement. It suggests there's some news out there that had to be pre-empted - if everything was under control they could suspend and then announce within the same day.
zangdook
08/2/2012
17:45
Let's remind ourselves of the statements they make on their wesbite:

"Business Philosophy: "Reputation, Quality, Customer Always First" are the principles of the Company.

The Company continues to improve its services, and has undertaken periodic restructuring, in order to keep abreast of market conditions and demand. The variety of businesses within the group comprise provision of services and investments. In summary, the Company's mission is that of a Holding Company, aimed at consolidating resources and manpower, with the ultimate aim of providing first class facilities to its customer base, in do doing, enhancing returns to the shareholders."

&

"Yinggao will continue to focus on the expansion of its core businesses in terminal development, shipping and logistics.

Company Management Philosophy: As a listed company, Yinggao Holdings Plc will continue to place a high emphasis on corporate governance and endeavor to pursue optimum returns for the shareholders. With robust financial support, we will continue to take advantage of any opportunities for potential profits should they arise.

Yinggao Board of Directors is now looking for suitable strategic partners to expand its business in shipping & logistics.

As regards the human resources management, the Company will simplify the management structure of each subsidiary and implement a series of management policies to achieve our belief in 'Staff quality is our most important asset'. Looking forward, the Company will continue to recruit high calibre individuals available in China, to futher enhance the Group's prospects."


If the majority holder was minded to take it private, 2009 was the time to have done so really.
I remain optimistic there is nothing sinister here but, that the news is more related to an acquisition/expansion. Only time will tell though as the market seems not have to have known what is in the offing prior to the suspension.
Unfortunately other chinese AIM stocks have not acted in the best way and so that brush tends to tarr all such stocks, irrespective of their individual merits. Watch & wait

mattjos
08/2/2012
17:22
Fine thanks, very tedious regulatory exam, 3 hrs knocked out in 1.5, thankfully with a pass.

So now I have two excuses for a beer tonight, one to celebrate and one to commiserate?

Guess we'll have to wait and see.

Thanks for calling nomad damanko, will save mine for tomorrow.

davydoo
08/2/2012
17:06
All speculation - as we know, and good fun right now, each holder who has bothered to post on here having their own thoughts, dreams - whatever.

Although I agree on some level about the mine/quarry stuff, I have my doubts that even offloading it altogether would result in a (temporary) suspension of the shares. More a straightforward RNS with details, financial implications etc.

After all, we're not talking rare earth materials here, merely bog standard stuff that takes investment to exploit/extract - but that China has plenty of.

Just my opinion. And how did the exam go?

damanko
08/2/2012
17:02
My offer was serious by the way, I'd enjoy the trip, and better than the alternative of requesting a share certificate and shredding it for confetti
davydoo
08/2/2012
16:59
Well based on those sentiments , they better not delist. I bought some of my shares at about 2.3p per share.

For the years I expect some major uplift if they want to buy me out. From other people's expectations, it looks like I better brace myself for substantial loss. I may just jump ahead and take that drink now.

buggy
08/2/2012
16:51
If we got 5p on a delist I'd add to damankos champagne offer and serve it to you off a yacht in Monte Carlo.
davydoo
Chat Pages: 30  29  28  27  26  25  24  23  22  21  20  19  Older

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