Almost everyone on the earth knows "Made in China".

Who knows that which big/huge comanies of China produce so many products? 

The truth is that none of a so call huge company (like China mobile etc) produce "Made in China" product. 

"Made  in China" creates wealth for the world. It is the small companies like those listed in Singapore. It is very common that such companies have high margin and flexible management team. They need to survive.

Reading the AGM reports by NextInsight, I get the strong feeling that the Chinese management of many S-chips are not out to cheat SG investors, divert the cash to their personal accounts, fake the accounts, etc.

Many SG investors don't appreciate that a small %  of rotten eggs doesn't mean 100% of the eggs are bad.

There is severe downside for management if & when they are caught. They know it -- there has been a lot of publicity already of cases where the stock is suspended for a long time, the share value plunges. The most important downside of all, is the loss of job and loss of face of the chairman, CEO, CFO, etc. This is the greatest punishment which no one in his right mind would want to be hit by.  

I agree with Yang that there is a lot of value in some 'good' S-chips.

Singapore listed China company price is due to a few key factors:

(1)Small size, the price can be easily managed by even one small investor. Even the big share holders want to stabillize the price.

(2)The only way to protect the company (from big share holder point of view) is to keep cash and ignore the share price. What can they do? I have talked with a few CHinese friends. 

(3)Lack trust between Singapore retail share holders and big share holders. 

If you only calculate the fundmental buesiness, Invsting Singapore listed China company is better than other categories because its price is much lower.

I'll let the forummers decide. I made a post to ask you to show restraint (and I did that too by integrating your points too - read my post and you will find that it's not one sided). Yet, you blast off just because you pick and choose 1 word which you didn't like... instead of looking at things from a more holistic perspective (something you had asked others to do in your previous posts.... POT CALLING THE KETTLE BLACK?).

No where in my posts, now or ever, have I ever mentioned about Sapphire or Qingmei... nor have I ever advocated buying/selling of such stock counters. Yet you can clearly stated that I have advocated for and am vested in these stock counters. (PLEASE DON'T CREATE FAKE FACTS TO SUPPORT YOUR ARGUMENTS! I THINK THAT IS TOTALLY UNETHICAL).

Once again, you state "u tell me s-chip got good fundamental, but what so good if pp are not interested, it is only good when ppl are interested." Once again, I have not advocated this statement you make at all in my post. My post dealt with what investors do to try to understand the company. No where did I mention about a company having good fundamentals or not. Once again, (PLEASE DON'T CREATE FAKE FACTS TO SUPPORT YOUR ARGUMENTS! I THINK THAT IS TOTALLY UNETHICAL).

Then, you state: "by lying u can make more friend i know, by saying good of other u can make more friend, who don't know." Are you accusing me of Lying? How can I be lying when I'm just defending a position which many value investors take, i.e. doing their research by talking to management, etc. By doing this, you are IN FACT LYING AND CREATING FALSE INFORMATION ABOUT WHAT I SAID. AGAIN I REITERATE: (PLEASE DON'T CREATE FAKE FACTS TO SUPPORT YOUR ARGUMENTS! I THINK THAT IS TOTALLY UNETHICAL).

In your reply, you keep stating that I had advocated S-Chips, etc... and had quotes like "your money, your wish, my suggestion, your choice." I find it INCREDIBLY UNBELIEVABLE that after reading my post, you can think that it was about advocating any stock type, etc. STOP LYING and ONCE AGAIN: (PLEASE DON'T CREATE FAKE FACTS TO SUPPORT YOUR ARGUMENTS! I THINK THAT IS TOTALLY UNETHICAL).

I have ONLY posted once in this Thread. I ask anyone/everyone to go and search it (just a few posts back) and they can come to their own conclusion about whether I have written anything that remotely resemble your accusations. 

ACTIONS SPEAK LOUDER THAN WORDS, AND YOUR ACTIONS AND ACCUSATIONS SPEAK FOR THEMSELVES. I CAN ONLY HOPE THAT YOU REALIZE HOW YOUR WORDS REVEAL THE SORT OF PERSON YOU ARE. PLEASE DO SOME SELF REFLECTION BEFORE POSTING IN THIS THREAD TO BERATE OTHER VALUE INVESTORS.

OMG, condeming ppl, i did not condem ppl, i just suggest that they cut their losses and cut their pain. You are one who condem me, by saying that i condem ppl.

i believe those invested here, not just yesterday, ages, why?form 85c to 16c..from 30c sapphire and qingmei to 15c and 8c.

u condem yourself, not me. by staying here in this s-chip.

follow the trend, the trend is now not in s-chip, it will come, that is the time to sell and bailout.

i have respect for your opinion, if you like to stay here, your wish, i respect your wishes.

but i would suggest you put the money elsewhere to spin first, then when play come to s-chip, you can recover your losses by playing along.

your last statement,

- FOR THE REST, INDIVIDUAL DIFFERENCES PRETTY MUCH SUMS IT UP. STATE YOUR OPINIONS BY ALL MEANS. I DO FIND THEM INTERESTING IN A MANNER, BUT RESPECT THAT OF OTHERS, ESPECIALLY IF THEY ARE NOT INTENDED TO BE MALICIOUS. FEEL FREE TO COUNTER OTHERS (IN MY OPINION), JUST BASE IT ON SOLID FUNDAMENTALS AND SOUND REASONING.

u tell me s-chip got good fundamental, but what so good if pp are not interested, it is only good when ppl are interested.

it is not much better than my JEL and UPP i buy to trade...they are the same...junk

i state my opinion is to cut your losses and put your money elsewhere to work to recover your losses, but u say i condem you.

honesty hurts, but if you want me to lied, i can't, 

by lying u can make more friend i know, by saying good of other u can make more friend, who don't know.

but that is not me, i say the truth, the truth is that s-chip will lose u money,

get out of the next rally.

but if u still instead that they are for you, then if you said so then it must be so.

your money, your wish, my suggestion, your choice.

may you be well.

s-chip will rally, but to see your px u bought, will be a wish.

a dream.

i know why you post this manner, that is becuase you are hurt by your losses here.

i hope this site will stop elaborating s-chip, otherwise, more ppl will get trap.

 i hope they dont banned me from here after reading this post, i dont think they will.

Hi Cheongwee,

If you would like to state some of your opinions, that's fine... but you have to respect that of others too, especially when they are based on logic (as is yours, except that the perspectives clearly differ). Just a case in point, let me take your last post as an opportunity to integrate both aspects together, so that you can perhaps understand that the views and actions of others are not very different from yours, and by condemning them so strongly, you are doing nothing except to weaken your own stance and credibility.

Tactician

(I will incorporate my statements directly below)

Cheongwee, you are spouting nonsense and you insult the hundreds/thousands of investors who make it a point to go AGMs to learn more aabout the business, to interact with the management and size them up, to learn from other shareholders. If you cannnot lift an inch to help others understand stocks, you should go to a corner and just count your money.

I am not trying to disturb you, But what can mere asking of questions achieve??

At the end of the day, it is a question of honesty and uprighteousness.

if they choose to lied, there is nothing you can do.

they can always tell you , yes, to all your question to make you happy.

I m not saying they lied, but what is the point?

the fact is ppl are in fact scare of s-chip ,and even it is so good, there are no liquidity, is as good as got stuck in here for ages.

U want to buy value, there are alot of value counters in the SGX, u are spoil for choices., why choose s-chip in  particular???? 

at least, relaxing OSIM is better stock to get stuck then s-chip.

u may go and relax with relaxing n his massage chair and collect 2% div also good.

now the real question is this, for me i would cut my losses and move on, no point staying here and hope against hope, my money not doing any work here, to make more money.

next rally coming to s-chip , sell to strength and put your money elsewhere, overtime i believe u will recover your losses, 

cut your losses and cut your pain.

life is too short to be little.

thanks again to Peter for the good questions.

we have a report on the AGM at :

'peterlynch' sent NextInsight these questions.... can try to ask at AGM.
Any more questions?

Q1. What specific plans does management have to increase sales and porfit in the FY2012 and beyond?

Q2. What strategies does management have to distinguish company from competitors?

Q3. Any updates on the new production line to expand company's presence in the sewage pipes market and Build-Transfer (“BT”) projects?

Q4. What have been done to improve Trade receivables turnover and Inventory turnover rates?

Q5. Since FJZY has RMB298,164,000 in cash and cash equivalents, why does it not increase share price by giving a special dividend or engage in share-buy-back? What is the FJZY's view on its intrinci value

per share?

Q6. SInce FJZY has RMB298,164,000 in cash and equivalents, why should it incur RMB1,522,000 in financial costs? WOuldn't it be better to repay the bank loans and save on financial costs?

Q7. At 31 December 2011, the Group’s and the Company’s trade receivables of RMB1,990,000 (2010:RMB1,390,000) and RMB97,000 (2010: RMB232,000) respectively were individually determined

to be impaired. Why did FJZY not hold any collateral over these balances?

WHat has FJZY done to reduce bad debts?

Q8. Does FJZY plan to increase liquidity of trading of its shares by issuing bonus shares or split shares?

FuJianZY and chinafribe...why the px so low???

can anyone enlighten me?

I hope you can share your knowledge of the 2 coy with me, before i invest.

thanks.

Hey U r right: 397,000 shares traded. I thought this was a dead stock!
Could it be becos too many value investors r reading NextInsight?