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Synthesis Energy Systems, Inc. (SYMX) Message Board

bmr1150 10 posts  |  Last Activity: Jun 24, 2014 5:56 PM Member since: Feb 18, 2013
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  • Reply to

    I think its wrong to interpret no news as bad news

    by dy2 Jun 24, 2014 1:00 PM
    bmr1150 bmr1150 Jun 24, 2014 5:56 PM Flag

    Here is what i found on the exchange:

    002564 Zhangjiagang Chemical Machinery 2014-06-23 TRADING SUSPENSION Due to matters related to major events, trading of the Company's shares has been suspended from 26 May 2014 and will be resumed on/no later than 23 July 2014..
    002564 Zhangjiagang Chemical Machinery 2014-05-27 EGM RESOLUTION The Company held its 1st Extraordinary General Meeting of 2014 on 26 May 2014, during which the following proposal(s) was/were approved:
    1. To invest and hold shares in a company
    002564 Zhangjiagang Chemical Machinery 2014-05-15 DIVIDEND IMPLEMENTATION (CASH AND BONUS ISSUE) 2013 final distribution plan to be implemented (A shares):

    1. Cash dividend/10 shares (tax included): CNY0.40000000
    2. Bonus issue from profit (share/10 shares): none
    3. Bonus issue from capital reserve (share/10 shares): 10.000000

    Record date: 22 May 2014
    Ex-date: 23 May 2014
    Payment date: 23 May 2014
    Listing date of the bonus issues: 23 May 2014.
    10 percent withholding tax on cash dividend will be deducted in CNY within the cash dividend receivable. Please refer to below details:
    Tax on cash dividend/10 shares: CNY0.04000000(10 percent x CNY0.40000000)
    Net cash dividend/10 shares after tax: CNY0.36000000(CNY0.40000000- CNY0.04000000)

    This doesn't appear ominous and I think the suspension has something to do with the previously announced stock split. Additionally, Synthesis Energy received their money and this suggests that they are paying shareholders a dividend so they don't appear insolvent-let's not over react yet.

  • Reply to

    zcm 002564 on shenzhen exchange

    by niftyboy10 Jun 2, 2014 9:39 PM
    bmr1150 bmr1150 Jun 3, 2014 5:54 PM Flag

    there was supposed to be a stock split after the 23rd-wonder if it were stopped until that is completed? They are still listed as an exchange company

    Morningstar has their annual and quarterlies posted-if you read Chinese!

  • 002564.SZ on Shenzhen Stock Exchange

    6.35CNY
    23 May 2014
    Price Change (% chg)

    ¥-0.11 (-1.70%)
    Prev Close
    ¥6.46
    Open
    ¥6.46
    Day's High
    ¥6.55
    Day's Low
    ¥6.23
    Volume
    4,985,222
    Avg. Vol
    7,738,669
    52-wk High
    ¥8.18
    52-wk Low
    ¥4.20

    Wednesday, 14 May 2014 08:00pm EDT
    Zhangjiagang Chemical Machinery Co Ltd:To pay a cash dividend of 0.4 yuan (before tax) per 10 shares and use additional paid-in capital to distribute 10 new share for every 10 shares, to shareholders of record on May 22 for the fiscal year 2013.The company's shares will be traded ex-right and ex-dividend on May 23.

  • Reply to

    thin trading, low volumes

    by niftyboy10 May 15, 2014 8:53 AM
    bmr1150 bmr1150 May 15, 2014 9:31 AM Flag

    we need an announcement for a contract or a new opportunity…I suspect we will see one or the other in the next 30/60 days from the new China JV. They didn't enter into this arrangement out of boredom!

  • bmr1150 bmr1150 May 8, 2014 6:29 PM Flag

    jealous?

  • Reply to

    awfully cheap shares

    by fuel_cell_fych May 7, 2014 1:09 PM
    bmr1150 bmr1150 May 7, 2014 3:28 PM Flag

    and this board always attracts vacuous comments on "down" days from self styled expert prognosticators, doesn't it Mr. Love Canal?

  • Reply to

    SYMX is a pearl!

    by rafoter May 7, 2014 9:13 AM
    bmr1150 bmr1150 May 7, 2014 1:10 PM Flag

    why was the press conf. scheduled for after close of business and not after the release this am like in the past? Any ideas??

  • Reply to

    annual meeting proxy

    by lngre_engineer Apr 22, 2014 6:58 AM
    bmr1150 bmr1150 Apr 22, 2014 8:33 AM Flag

    There is a lot of valuable information in the proxy as to incentives/options. For example, Costenbader deferred salary for options when he joined-what does he know??

    Good sign!!

  • bmr1150 bmr1150 Apr 18, 2014 7:55 AM Flag

    Utilities are regulated and rate increases are not at their discretion.

    For every Republican outrage, there is undoubtedly an equally corrupt or self serving Democratic instance. Why bore us with the detail? Much like you obviously are, most of us are simply tired of Congress in general and have our own lives to worry about. I have little energy left at day's end, much less enthusiasm, to tilt at political windmills, Republican or Democratic.

  • Reply to

    So let me get this straight

    by tradergater Apr 16, 2014 9:19 AM
    bmr1150 bmr1150 Apr 16, 2014 9:48 AM Flag

    Exactly-proprietary information like client/prospect lists, etc.-information which could help a competitor.

SYMX
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