Camkids

2713 days ago

Tom Winnifrith Bearcast: AIM Death List Update 4 - Four New Entrants, now 10 kills from 27

On 13 June I started my 21 stock Death list portfolio - 21 shares heading for zero or being booted off the market - see HERE. Until now 27 stocks have entered the portfollio and I am claiming ten kills - not bad eh? Today I go over the four kills since the last update and add four new entrants to the portfolio. Do the Cloudtag morons really want to bet against me with my current kill rate? I review all 21 now current members. The stocks mentioned are: Worthington, JQW, Jiasen, Camkids, China Chaintek, Trap Oil, Mosman Oil & Gas, Monitise, Outsourcery, Magnolia Petroleum, Arian Silver, Sareum, Avanti Communications, Daniel Stewart, Mariana Resources, Sefton Resources, Golden Saint Resources, Sovereign Mines of Africa, Afren, Wandisco, Tungsten, Blur, Auhua, Afriag, InternetQ, Servision, Igas, Cloudtag, African Potash & Slater & Gordon.

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2714 days ago

Lost money on China Frauds Naibu, China Chaintek, JQW & Camkids - here's a mad idea

Did you lose money on any of the Fujian Four? We hope that you took our warnings seriously and did not but now there is hope if you ignored us and lost out. Or is there? I refer you to the website of China Resolutions which claims that it may get your money back.

Its advisory board is headed up by John McClean who, as Chairman, was happy to take the cash from China Norfolk Aquatic Foods (AFG) until recently and was also Chairman of now de-listed Norfolk Sorbic which served up the usual tale of woe on his watch, see HERE.

Resolutions claims

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3052 days ago

Tom Winnifrith Bearcast 20 December 2 - the TW Death List Christmas Update

On 13 June I started my 21 stock Death list portfolio - 21 shares heading for zero or being booted off the market - see HERE.  On 23 August I got my first kill and so Afren (AFR) was replaced by Daniel Stewart (DAN) HERE. I have now had four more kills and  nearly all those that have survived have seen their shares tank.  Now I update with 4 new entrants, given that I have had four more kills, and I review the original entrants that cling on to life. Just.  The stocks mentioned are: Worthington, JQW, Jiasen, Camkids, China Chaintek, Trap Oil, Mosman Oil & Gas, Monitise, Outsourcery, Magnolia Petroleum, Arian Silver, Sareum, Avanti Communications, Daniel Stewart, Mariana Resources, Sefton Resources, Golden Saint Resources, Sovereign Mines of Africa, Afren, Wandisco, Tungsten, Blur, Auhua, Afriag and InternetQ

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3133 days ago

Caption Contest: The Sefton Resources Mad Hatter's Tea Party - A flashback to the Pinsent Masons Acid Trip

You may well remember my six part acid trip with scumbag a'hole dirty tricks specialist lawyers Pinsent Masons HERE. I had almost forgotten but last night I was sitting in Free Speech & Liberty Pizza when a white rabbit wandered in wearing a T-shirt saying "Chris Oil - Sefton's saviour". I looked up and the white rabbit handed me a sugar lump. Heck. Why not. I'd had a good day. Camkids was on its way to AIM casino death row so I said "thank you", forgot about my diabetes and swallowed. Shroooooooooooooooooooooooom.

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3134 days ago

All The Money's Gone - Time for the ShareProphets Song for Camkids - next up JQW & Jiasen

Camkids (CAMK) was a fraud but the shares carried on trading as morons and followers of Sith Lord Zak Mir (see HERE) reckoned they could game the market with short term trades. Then today the Nomad quit and the shares were suspended at once and they won't be coming back. All the short term traders can now sing along with Nigel, Ben, young Steve and myself to the ShareProphets AIM Casino theme song "All the Money's Gone" by Babylon Zoo. So who is next?

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3134 days ago

China Fraud Camkids goes onto AIM Casino Death Row – Nomad quits, shares suspended

And it is another kill for the Sheriff and Deputy Sheriff of AIM – China fraud Camkids (CAMK) is now on death row with its shares suspended as Allenby this morning quit as Nomad with immediate effect. The lying tossers at Camkids could not even tell that straight – the RNS stated “Change of adviser”. It meant, the adviser had quit as it finally accepted this was a nailed down slam dunk fraud. It gets worse.

The token white bloke on the board, Jacques-Franck Dossin has resigned as Non-Executive Director of the Company “as he opposes the financial compensation which Camkids proposes to pay to three of its exiting distributors”. The CFO Ng Pei Eng has also walked with immediate effect.

You will remember that Camkids announced

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3149 days ago

Tom Winnifrith Bearcast 14 September - Losing my Audioboom Virginity

This is the first podcast using the Audioboom (BOOM) platform - if it sounds rubbish/does not arrive blame the IT klutz me not Rob Proctor. In today's offering I look at Haike Chemical (HAIK), Jiasen (JSI), Camkids (CAMK), ValirX (VAL) and a few other matters en passant.

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3165 days ago

Tom Winnifrith BearCast 28 August - it was like Monopoly

I arrived back in Bristol after a long journey yesterday and opening my post it was just like Monopoly ( n a good way). To celebrate I look at the markets in general, comment on Scancell, predict a few no-one is watching O'Clock announcements tonight and then focus on Camkids but epecially JQW which sent out a big China fraud Red Flag today.

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3165 days ago

Camkids: we knew the balance sheet was a fraud now here is why the reported profits are also bogus

AIM listed China fraud Camkids (CAMK) effectively admitted that its stated cash was not really there with its ludicrous explanation of how it was set to disappear (HERE) but now let me show you why its reported profits are also 100% made up.

My top China fraud

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3171 days ago

Tom Winnifrith BearCast PLC Death List Update - who is to replace Afren?

71 days ago it was world gin day and to celebrate I came up with 21 Companies that I thought would be brown bread by December 31st 2016, either delisted or bust or both - the Death List HERE. So far Afren has lived up to expectations and so I replace it with a new death list entrant in today's podcast.  It should be listened to in conjunction with my macro stockmarket crash bearcast of yesterday HERE

The companies featured today are Worthington, JQW, Jiasen, Camkids, China Chaintek, Trap Oil, Mosman Oil & Gas, Monitise, Outsourcery, Magnolia Petroleum, Arian Silver, Sareum, Avanti Communications, Daniel Stewart, Mariana Resources, Sefton Resources, Golden Saint Resources, Sovereign Mines of Africa, Afren, Wandisco, Tungsten

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3171 days ago

Tom Winnifrith Bearcast 23 August - Update on my 10 (14) stocks to sell for summer

The Bear shares portfolio I outlined for summer on 19 July HERE is doing pretty well i.e tanking.  Yesterday I outlined my reasons for continuing to remain bearish at a macro level HERE and I also refer to an excellent piece on Zero Hedge HERE. Then I return to the bear portfolio which is:

Avanti Communications, blinkx, Mosman Oil & Gas. LGO Energy, Jiasen, China Chaintek, JQW, Camkids, Rosslyn Data Technologies, blur, Outsourcery and Gulf Keystone.

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3180 days ago

The FRC pans Crowe Clark Whitehill ( audit pal of choice for the China AIM fraudster) in its latest review

Crowe Clark Whitehill is the UK auditor of a number on AIM casino china frauds and its associate in Fujian, Crowe Horwarth Associates really gets fingers dirty. We know that the blatant long term fraud at Sorbic (booted off the casino), Naibu (booted off the casino) and Camkids (soon to be booted off the casino) as well as at Jiasen and JQW totally escaped its attention. In light of that we bring you the latest Financial Reporting Council review of Crowe.

We suspect that the case files it reviewed did not include any of the China frauds, oops I meant clients. Perhaps next time the FRC should have a butchers at one or two of our Oriental friends.

But we draw your attention to a couple of FRC observations:

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3182 days ago

A 60% fraud rate for Crowe Horwath Associates on the AIM casino – Enquiry & suspensions needed now!

Auditors Crowe Horwath Associates have performed the local audit for five China AIM casino companies and at three we have already seen wholesale fraud as purported cash balances either were made to disappear or never existed at all. The Financial Reporting Council, FCA and the oxymoron that is AIM Regulation need to act NOW and shares in Camkids (CAMK), Jiasen (JSI), and Asia Ceramics (ACHP) must be suspended at once.

The companies where we know that there has been fraud and which got clean bills of health from CWA were: Naibu (NBU) –delisted -, Sorbic International (SBI) – delisted - and

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3182 days ago

Reader Poll – when will shares in the FRAUD Camkids be suspended?

Shares in China AIM Casino fraud Camkids (CAMK) should be suspended now. If Nomad Allenby had any decency it would quit at once. The stock is again plunging today (off 16% at 4p) and even the thickest Bulletin Board moron is not buying. So when will the shares be suspended? It is time for a reader poll. Deadline for entries midnight tonight or the suspension time whichever is sooner:

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3182 days ago

The Camkids FRAUD – An Open Letter to Cairn Financial and AIM Regulation – suspend shares in JQW NOW!

Yesterday 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 three other AIM stocks, one of which is JQW (JQW).  The other was Sorbic International, a now delisted fraud. JQW is also a fraud and we call for an immediate suspension of its shares as well.

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3182 days ago

China Fraud on AIM – the stench of Zedex

I warned folks about Zedex on 16 September 2014 – it is the unregulated boutique that specialises in floating frauds and investment car crashes from China on the AIM Casino. I now update that piece in light of recent events at Camkids and Naibu, both proven Norfolks. I warn you, next up is China Chaintek (CTEK).

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3182 days ago

The Camkids FRAUD – An Open Letter to Cairn Financial, Beaufort and AIM Regulation – suspend shares in Jiasen NOW!

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

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3182 days ago

The Camkids FRAUD – An Open Letter to Allenby Capital and AIM Regulation – suspend the shares NOW!

Earlier today Nigel Somerville and Tom Winnifrith 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. Now it is time for Nomad Allenby to show principle and quit on the spot and if it is so desperate for fees that it will not for AIM Regulation to force a suspension. We explain why in this open letter: 

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3182 days ago

Breaking: Camkids – If it looks like a duck, and walks like a duck……

Something just does not add up with AIM listed (pro tem) Camkids (CAMK). Tom Winnifrith and Steve Moore have already considered the credibility of yesterday’s RNS HERE and pronounced Camkids, from Fujian Province in China as a prime candidate to join the club from the Norfolk province of AIM. We’ve been looking at it from a different angle: the annual report and accounts. What we find is shocking. 

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3184 days ago

Camkids – an old dog with new tricks to explain how nearly ‘All the Money’s Gone’

Former ‘Investors Chronicle’ favourite AIM casino China fraud Camkids Group (CAMK) has released a more than 600 word RNS, which can be almost summed up by a 1999 song from Wolverhampton band Babylon Zoo; ‘All the Money’s Gone’… The shares are crashing and if Nomad Allenby had any integrity it would quit. This is a total Rum n'Coke.

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3223 days ago

Tom Winnifrith Bearcast 2 July - Jiasen pull the other one you frigging Norfolk

What a great day. Lord Michael Howard tightens the noose for Rob Terry and the Quindell (QPP) fraudsters HERE and then China fraud Jiasen says there is no reason for its share price fall. Er...I think we can all think of one can we not? Then on to JQW, China Chaintek and Camkids - watch out fella's the Sheriff is gonna get you. Ditto Phorm which is next up followed by Iofina. there is comment on Premaitha. Then onto how I dont take bribes from companies to write nice things either directly or via UK Investor Show as a Northern slum dweller seems to think. Finally there is an expose of the POS that is CIC Gold and on the scumbags behind it.

And fear not Champagne Charlie Gibson fans, I had not forgotten about you. Just a reminder of why the Edison analyst is a convicted felon HERE and as a bonus a reminder of how it is not only the poor he screws HERE - and a reminder of why I feel the urge to remind you all HERE

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3242 days ago

Camkids AGM Q&A - the killer admission

AIM casino listed China fraud Camkids (CAMK) has helpfully published an English language transcript of a Q&A from its AGM yesterday. There are moments of sheer comedy but also a killer admission which should tell you this is heading for 0p.

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3260 days ago

Tom Winnifrith Bearcast Special - Its China fraud day

Naibu, Jiasen and over in Germany Joyou, it is all happening on the China fraud front. The London Stock Exchange's attitude and inaction is a disgrace. If you still own shares in JQW, Camkids, Jiasen, Chaintek or Asian Citrus you are bonkers. A short bearcast covering the day's events and a meeting with a feral cat.

The link to Zero Hedge is HERE

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3273 days ago

Tom Winnifrith BearCast - 12 May

Now on my 3rd PC in 10 days forgive the two minutes silence at the end of this bearcast...I was trying to say, more on that to follow but this little horror of a machine froze on me. Anyhow this podcast covers Reach4 Entertainment, Sefton, Hunter Resources, Camkids and the other China Norfolks, New World Oil & Gas and the growing sense of doom here in Greece.

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3273 days ago

Camkids..To lose one NED is unfortuanate, to lose 2 looks like..

At this point I move away from Oscar Wilde, in the case of Camkids (CAMK) to lose 2 NEDs looks like… a fraud unraveling. Last week it was a British NED who walked. Today we hear that Mircle Yap , a Chinese NED, will be leaving after the AGM on June 11.

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3288 days ago

Tom Winnifrith Bearcast 28 April

As we prepare for the London Stock Exchange peasants revolt tomorrow I consider more failings on the AIM Casino. In the podcast I also cover Rose Petroleum, JQW and Camkids ( both China Norfolks) and the latest farce at Horse Hill.

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3293 days ago

Tom Winnifrith Bearcast - Oh boy I am flying today

I am in a good mood today as I launch into a podcast tirade. Under fire are: Crap Oil, Sorry Trap Oil, Edenville, Condor Gold (placing ahoy), Plethora (ditto), Mosman (ditto), Matomy Media, blinkx and then a full frontal assault on Camkids - come on Nick Harris at Allenby be a hero, you know what to do

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3345 days ago

Tom Winnifrith BearCast - 2nd March

A pretty wide ranging podcast today but the theme is denial with a dose of China rubbish. I cover Worthington, Afren, Coms, Edenville Energy, Solgold, Craven House, JQW, Jiasen, Qihang, Naibu, China Chaintek, Camkids, Beowulf and more.

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3345 days ago

Exclusive: A second CEO of a China AIM firm also under arrest – but the Casino wants more China IPOs

I revealed yesterday how Houyan Lin of Naibu (NBU) has been rotting in prison since November 2014 yet his AIM casino shares carried on trading till January 9 2015 and there has been no RNS. Despite this – as I revealed a week or two back, AIM is working to get more China companies to list on the casino. Think again fools, now I can tell you about a second AIM CEO from China who has been arrested.

If you are a shareholder in Camkids, Jiasen or China Chaintek (with Naibu, the Fujian four) you might be wetting your pants right now. Fear not, your bosses have not been arrested. Yet. But you are bonkers hanging onto the shares until those Norfolks unravel.

So who is under arrest now? It is Li Yuanqing formerly the boss of AIM listed Qihang (EBIV).

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3355 days ago

Tom Winnifrith Bearcast 18 February - have fled Police in UK now in Greece edition

I cannot resist making a joke I made earlier about getting past passport control. That and a favour asked of all Bearcast listeners starts today's podcast, delayed because the internet connection from Kalamata is painfully slow. When we get there I shall discuss Naibu, Camkids, China Chaintek, Northern Petroleum (a genuine request to its lamentable board made in the spirit of friendship becuase I am such a nice guy), Alecto, Afren, Frontier Mining, Motive TV and Nighthawk.

I shoud have mentioned Rangers but forgot. It has had to abandon a second London hotel location for its EGM which will now be held at Ibrox in Glasgow which is big enough and is where all the shareholders live. The EGM should always have been held at Ibrox, any other location was a clear attempt to disenfranchise fans who hate the board. They now have another reason to hate the board and will, I hope, vote en masse to oust them.

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3365 days ago

Tom Winnifrith Bearcast - 10 February

I start - as I would always do when I err - with an apology and correction on Scholium as per yesterday's Bearcast. I then go onto high handed CEOs who say they do not care about Private Investors and get a big come uppance. Step forward the little shit who runs Northern Petroleum, Keith Bush. I comment on Inspirit and Ambrian and going back to oil I disagree strongly with Ben Turney (HERE), Gulf Keystone remains a stonking sell. I also touch on Igas, Afren and Hurricane. En passant I touch on the china frauds like China Chaitek and Camkids.

To support our continuing campaign against fraud on the AIM casino click HERE

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3371 days ago

Tom Winnifrith Bearcast - 4 February

I am in a good mood as a mega hero of mine has just been in touch to dish some dirt on an AIM casino stock...developing. Meanwhile there is comment in this podcast on Quindell, Camkids, Afren and Empyrean Energy.

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3372 days ago

Tom Winnifrith Bearcast 3rd February

Both Maribel and I are feeling a little fragile after a night of boozing at The Free Speech & Liberty Pizza House. And so life is a bit of a struggle today for both of us. Anyhow this podcast covers insider dealing, Afren, TXO, Camkids, Northbridge Industrial, profits warnings, Asian Citrus and Creston

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3376 days ago

An Open Letter to Big Ray Zimmerman of ZAI re his fraudulent client Naibu

It is now three weeks since shares in Naibu (NBU) were suspended from the AIM casino pending clarification of its financial position, notwithstanding the fact that it claimed to be profitable, cash generative and to have net cash of £32 million – a multiple of its market cap. In light of this I have again written to Big Ray Zimmerman of ZAI Corporate Finance, Nomad to this fraud because the implications of the fraud are severe for not only Naibu but also ZAI, Daniel Stewart (DAN) and the other members of the Fujian four – China Chaintek (CTEK), Camkids (CAMK) and Jiasen (JSI). Plus for good measure JQW (JQW).

Dear Ray.

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3376 days ago

Tom Winnifrith BearCast 30 january

I start on the matter of free speech and attempts by the Jihadists of the QPPSAG to deny that. We won a big victory over the morons yesterday. In that vein I urge those who enjoy Bearcasts and who support free speech to book their seats for UK Investor Show on April 18 in Westminster now HERE. In the podcast I cover Mosman Oil & Gas, Rambler Metals, Red Leopard, Management Resources and then go in big time on Asian Citrus but more especially on Camkids - target price 0p.

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3384 days ago

Naibu, China Chaintek, Camkids, Pinsent Masons and Crowe Clark Whitehill & an open letter to Ray Zimmerman of ZAI

Shares in the fraud Naibu (NBU) were finally suspended on the AIM casino on 9 January 2015 after the NEDS woke up and requested clarification of the financial position of a company claiming to be cash generative and drowning in cash. How long does it take to check this out? What next?

Having shown conclusively that Naibu CEO Houyan Lin had form as a felon HERE I am in little doubt as to the outcome. But what is taking Naibu so long? A letter to its Nomad, big Ray Zimmerman of ZAI Corporate Finance, follows. When Naibu ‘fesses up the questions start for Camkids (CAMK) and China Chaintek (CTEK).

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3397 days ago

Tom Winnifrith BearCast 9 January

In this short end of week podcast I look at the issue of sub critical mass companies on the AIM casino starting with Hunter Resources but en passant looking again at the POS enterprises that are Tern and Touchstone Gold. I look at housebuilders, Qihang Equiment and the three remaining Fuijian Norfolks: Camkids, China Chaintek and Jiasen

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3397 days ago

Tom Winnifrith Bearcast 9 January - Fraud, Naibu kill, other AIM China stocks & Quindell chairman, PWC & fraud

Really just a few matters on the agenda in this special prompted by the suspension of shares in Naibu (NBU) today. I have been calling this out as a fraud for a year. I win. I look at the read across to China Chaintek, Camkids and Jiasen, to what it says about ZAI Corporate Finance and its other clients and what it says about any other stock I call out as a fraud. I look at Quindell, rumours about a new chairman, PWC and the fact that it too is a fraud. I also have more to say on the matter of free speech.

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3401 days ago

Tom Winnifrith Bearcast 5th January

The working year starts a proper and I am in a good mood which is bad news for the low life on the AIM Casino. On the agenda today: Enegi Oil, LGO Oil, Iofina, Mosman Oil & Gas, oil stocks, Chris Oil & his share tips, Globo, Naibu, Jiasen, Camkids and China Chaintek ( the China Norfolks), Quindell, and - in some detail - Tern.

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3402 days ago

Tom Winnifrith’s share tips of the year 2015, No 8 – sell Jiasen International at 42.5p

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.

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3429 days ago

Tom Winnifrith's BearCast - 8 December

I am in a good mood today. I shall be seeing the Mrs soon and almost as good I get three kills: Quindell, Maple Energy and Cupid. All three are covered as are the next raft of kills: Naibu, Pressfit, China Chaintek and Camkids. Also on the agenda are Enegi Oil and Petropavlovsk

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3450 days ago

Tom Winnifrith's BearCast 17 November, the coke, champagne and hookers are on ice edition

Tonight we party. I am a very happy bear. The Real Man Christmas party is now a V Party. that is V for Victory and V for Vindication. Quenron (QPP) is on the ropes. In today's podcast I cover Quindell, President Petroleum, Tern and my old "mate" Angus Forrest, Camkids and China frauds, Cenkos, Forte Energy, mining juniors and more.

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3468 days ago

China Fujian Province Shoe Fraud update ref Naibu & Camkids

I have noted before the remarkable take of Ultrasonic a China shoe fraud from Fujian listed in Frankfurt. It is of note of you are stupid enough to own shares in AIM Casino listed Naibu (NBU) and Camkids (CAMK) which are also shoe plays from Fujian and also frauds.

The alarm bells for Ultrasonic first rang when it appointed Daniel Stewart to consider a dual listing on AIM. No actually that last sentence was, like the numbers in the Naibu annual report, completely made up. It was, like the Naibu reported balance sheet, just a joke.

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3495 days ago

Naibu, Camkids, China Chaintek (Daniel Stewart) Caption Contest Results

On Monday we asked you for suitable captions for the picture below. You can see the full range of entries HERE but the winner is:

Alcira16247 with “Arghhh! Good God! You found it up Mr Terry’s, ……WHERE!

In light of recent events (see HERE) I would like to suggest a late entry:

“ In response to an urgent request from Daniel Stewart, the finance department at Naibu work out how to pay the next ten years annual retainers in advance

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3499 days ago

Monday Caption Contest – Naibu, China Chaintek and Camkids Special

Today Camkids (CAMK) has followed its fellow AIM casino Fujian shoe related China POS heroes Naibu (NBU) and China Chaintek (CTEK) in cutting their dividends despite claiming to be hugely cash generative and drowning in cash.  As such we bring you the Monday Caption Contest. Please post your captions in the comments section on ShareProphets:

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3499 days ago

Camkids Interims - an inexplicable dividend cut from a Chinese POS on the AIM Casino

Another day and another Chinese POS on the AIM casino has cut its cash dividend for reasons that one can only explain in one way. Today’s little shocker is Camkids (CAMK) a shoe producer from Fujian like Naibu (NBU) and those German listed Chinese frauds.

The statement has a new twist – a bit of blather about the shares have been hit by adverse comment in the Western press about Chinese stocks on AIM. Yes there have been dozens and dozens of fraudulent Chinese companies listed on AIM, Frankfurt, in NY and Canada and we dumb gwaelos of the Western investing public have had enough. What don’t you dumb mothers understand about that? I am sorry if you feel tarred with the same brush unfairly but heck that is the territory.

Anyhow Camkids says that it has a different business model to the others (I take it that it means to the frauds) which is jolly good news. So we can all believe its numbers right? Er…

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3506 days ago

The Industrial Scale China stock Fraud in Fujian home to Naibu, China Chaintek and Camkids revealed

This article appeared in the Chinese publication  Caixin Online at Christmas 2012. Staff reporter Qu Yunyu has done a superb job. It should be required reading for the crony capitalists round at Daniel Stewart, Allenby Capital and Abchurch Communications as well as AIM Regulation and for anyone mad enough to hold shares in Naibu (NBU), Camkids (CAMK) or China Chaintek (CTEK). It is explicit about what has gone on. If you own shares in any of the Fujian companies on the AIM Casino you should sell them all at once. The article – with a few choice sections in bold from me -  reads: 

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3507 days ago

Ming Le – another Chinese shoe fraud emerges - a clear warning for Camkids investors

Last week we revealed the story of Ultrasonic, a Chinese shoe company listed in Frankfurt where the CEO and COO appear to have stolen all the money and done a runner. It comes from Fujian like AIM Casino listed shoe companies Naibu (NBU) and Camkids (CAMK). Now let me introduce you to Ming Le and Camkids shareholders please take note.

Ming-Le listed at 13 Euro in July 2012. Its shares now trade at just under 3 Euro. Why the collapse? I refer you to a release put out on 20 March 2014 by Ming Le. It explains:

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3507 days ago

Daniel Stewart, Abchurch, AIM Regulation are you ready - Its a Gotcha on Naibu at 7 AM

I hope that Daniel Stewart and upper class twit PR buffoons Abchurch Communications have enjoyed spending the vast fees they have earned in assisting China fraud Naibu (NBU) to list on the AIM Cesspit. And I hope AIM Regulation are ready because at 7 AM the Sheriff of AIM will be breaking news which MUST result in a share suspension if the Casino is to retain any credibility. It is Gotcha time for these bad guys and then we can start moving onto Camkids (CAMK) and China Chaintek (CTEK). Oh.....

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3507 days ago

China Fraud & Zedex follow up – Asia Distribution, a blatant Norfolk that AIM was happy with

I noted in my earlier article HERE how Zedex Capital is involved in listing a stack of shit companies or indeed outright frauds on AIM. That is why anyone holding shares in Naibu, Camkids, China Chaintek, Asian Citrus and Asia Ceramics which are all, pro tem, listed on the Casino should sell now. If you doubt me here is another warning: Asia Distribution, what happened next.

The pattern is that the Chinese company floats, raises cash from gullible Gwaelos in London, Chinese investors sell in the aftermarket and then, to cover up the fraud, the POS on AIM agrees to a takeover at a price which sees all UK Investors lose money. But you ask what happens next once AIM investors are not looking any more? Asia Distribution agreed to a 52p a share bid to end its AIM charade. Here is the 2011 Regulatory filing from the acquiring company. Weep.

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3507 days ago

SHOCKING EXCLUSIVE: The China scam pipeline: Naibu, Camkids, China ChainTek and Zedex Capital

I think that it is now 100% clear that Naibu (NBU) is a fraud. It is only a matter of time before it goes to 0p or is booted off the AIM Casino. But where did it come from and is it unique? Meet Zedex Capital. What follows will shock you. It says so much about how corrupt AIM and the City advisors working on it have become. It is a scandal.

Zedex is not regulated by the FCA but acts in London and says of itself:

Zedex Capital is dedicated to bringing quality Chinese companies to the London Stock Exchange, in particular the Alternative Investment Market (AIM). Our core business is grooming high-growth and sufficient-size Chinese companies to ensure that their business strategy, financial soundness, and corporate governance are adequate for an Initial Public Offering (IPO), so that the transaction can be executed smoothly and swiftly once all professional advisers are on board.

In return for this grooming of pert young companies

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3507 days ago

Missed out on Naibu: Here are your next two China companies to short: CamKids and China Chaintek

The Naibu (NBU) Norfolk is collapsing as we speak. Last seen the shares were at 31p and target price is 0p. Will the Naibu owning Bulletin Board moron who called me Winnifraud 2 days ago on the ADVFN Naibu thread for questioning this Ponzi please apologise now? Is he right now filling his boots or filling his trousers with the brown stuff? I have no sympathy for this cretin whatsoever. He was warned… So which are the next two China AIM casino listed stocks to slump> Here are two suggestions.

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3514 days ago

ShareProphets Reader Poll – Chinese stocks on AIM

It is now quite clear, after my shock revelations today HERE, that Naibu (NBU) is a total Norfolk and is going to 0p. And this is only the latest of a number of Chinese based Norfolks to list on the AIM casino. Good Chinese stocks list in Hong Kong or Shanghai, bad ones on NASDAQ and total stinkers and outright Norfolks on AIM. Well that is my view - hence the advice to dump shares in Camkids (CAMK) and China Chaintek (CTEK) as well as Naibu. What do you think? 

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