3138 days ago
The Bulletin Board Morons want Jiasen (JSI) to sue me for libel. Well let’s make this easy for the Fujian fraudsters. “Jiasen is a fraud and its criminal directors have produced bogus numbers today – its shares are worth 0p.” There is no ambiguity there. Sue me for libel. What is the Chinese for “See you in Court bitchez?”
3182 days ago
Earlier today we demonstrated quite clearly (HERE) why Camkids (CAMK) has committed accounting fraud and why the statement of yesterday just does not add up. We have been saying that this company is a fraud for months and months and that is now clear to all. The local auditors of Camkids and the now delisted fraud Naibu acted for two other AIM stocks, one of which is Jiasen (JSI). It is also a fraud and we call for an immediate suspension of its shares as well.
We demonstrated clearly that there are numerous Red Flags for Jiasen HERE
This is a company that – like Naibu and Camkids – claimed to be drowning in cash yet mysteriously also borrows money at punitive rates. We have no faith whatsoever that accounts signed off by Crowe Horwath following the abject failures to report contingent liabilities or bank debt at Camkids and Naibu respectively. We are far from convinced that the stated cash position at either firm – as signed off by Crowe Horwarth – was in fact true.
In light of this
3259 days ago
Jiasen International (JSI) a company making wooden doors which claims to be able to buck all macro economic trends and operates in the fraud hotspot of Fujian province China has noticed that its share price has collapsed to just 19p - down from a July 2014 IPO at 82p.
3383 days ago
In today's podcast I look at the PR/Financial Press corrupt deal. I then move into Quindell, Robinson, Cambria Africa, Frontier Mining, what timber prices tell us about general earnings visibility, Gowin New, a new China POS that had been flagged up to me called JQW (target price 0p), the Wandisco pump and dump and Jiasen International.
3402 days ago
Anyone owning a Chinese based AIM stock is certifiably bonkers. That is especially the case if it is based in Fujian Province, a small part of the PRC which has specialised in listing frauds on AIM, the Frankfurt Exchange, the TSX and NASDAQ. The Fujian four on AIM are: Camkids (CAMK), Naibu (NBU), China Chaintek (CTEK) and Jiasen International (JSI) and for all four my ultimate target price is 0p. But I feature Jiasen today at 42.5p as a sell of the year.
The modus operandi of a Fujian fraud is simple.
3417 days ago
I actually like the team from Beaufort Securities but have to pull them up for this note of last Thursday on AIM China POS Jiasen International (JSI). This company may be legit but everything it states follows the pattern of companies – like it – from Fujian province which are out and out frauds.
The Beaufort note reads:
