thank god. at least managed to get some money back for an old relative from this bastard share. may all those who haven't done so ditch this quicker than a chicken with H7N9
Johan makes losses in all divisions in 2012. Most losses was from Diners card division. It's interesting who would want to buy business that made losses with a minimum price plus a premium?
PM Corp once owned Johan Shares. I used to visit Nature Farm in Singapore on Saturday & Sunday at Jurong Point, Singapore. To my disappointment, usually only one person and sometimes nobody there at all.
So we told Management to sell off Johan shares. And concentrate on PM Corp's own Business in Chocolate Manufacturing. PM Corp has done extremely well.
While Johan share is going nowhere, PM Corp is going up. Time to make a switch for good?
Don't try scott's method. More dangeourus than ordinary trading stocks. Mathematically, it is gambling with expect value of -9% for each trade. The longer you play the more likely you go broke.
Why never listen to davidkkw79 advice? Since my last posting here on 27/09/2013 I have visited Jurong Point many many times. Always pass by Nature Farm on the way to see Tudor Gold & Tango sales in NTUC FairPrice Supermarket Next Door. Know what I discovered?
Both Tudor Gold & Tando chocolates Sell Like Hot Cakes!! Especially Tango. "Sold Out" as fast as new stocks arrived. As for Johan's Nature Farm. Always "ta wu ying' in chinese it means "beating house fly" or Zero Business.
Not only that, instead of expansion, Nature Farm has now shrunk to half shop space only. It Is Only A Matter of Time "Close Shop" or keep bleeding cash yearly.
How many is this company listed ? Cant even make decent profit . Can only go up if the boss is sincere in doing business and benefit the share holders. Goodbye until new owner
seem like got some coporate activities now..i think the next qtr report will show slightly positive for next 3 mnths due to the disposal of the NZ biz n they hv a lot cash in hand now after disposal..is time to buy in perhaps:)
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Edward Lee
96 posts
Posted by Edward Lee > 2013-03-15 11:37 | Report Abuse
whats going on with johan?