3591 days ago
By 4.30 PM tomorrow all companies listed on the AIM Cesspit with a December 31st year end must have published their results or their shares will be suspended. And here are a good few likely contenders as you can see below.
Generally any company that leaves it to the wire to publish its results is a piss poor company. Thus I note that of those publishing at the last minute last year, two (RAM Active Media and XXI Century) are no longer on AIM. And not for good reasons.
Two Cesspit posterboys have already suspended their shares because they have already ‘fessed up to an inability to publish calendar 2013 numbers on time: Bodisen Biotech (BODI) and Conexion Media (CXM). I covered the farce that is the Bodisen POS here.
So who will join Bodisen and Conexion in suspension in time for the AIM Cesspit awards dinner. The list below is not comprehensive but there are a good few runners and riders:
3594 days ago
If you are a good Chinese company you list in Hong Kong or Shanghai because it is easier to raise money, here is liquidity in your shares and ratings are higher. If you are a piece of Junk (geddit?) you list on the AIM Cesspit. Time and again it is the same old story. Today’s catastrophe is Bodisen Biotech (BODI) – which Chinese POS will be next?
