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NEWSFLOW NEWSFLOW

Auhua booted off AIM Casino, another China fraud bites the dust, statement is baloney

2016-03-25 04:26:26

Oh dear, well you cannot say you were not warned. After a month of having its shares suspended and pretending that it would get a new Nomad to replace Grant Thornton who quit- without saying why - Auhua Clean Energy (ACE) says it cannot get a Nomad to act for it and so its shares will be booted off AIM on Tuesday at 7 AM. The statement is a hoot, a comedy classic.

ARTICLE NEWSFLOW

China fraud Auhua becomes suspension/delisting number 21: full inquiry into systemic regulatory failure needed NOW!

2016-02-26 03:21:56

Shares in ShareProphets AIM-China Filthy Forty stock Auhua "Clean is my middle name" Energy (ACE) are down another 28% this morning after the company confirmed that it has not yet been able to sign up a new Nomad to replace Grant Thornton which steps down with effect from Monday morning. As such Auhua will become the twenty-first company of our Filthy Forty to have left the Casino or be suspended.

ARTICLE NEWSFLOW

China fraud Auhua - circling the plug-hole

2016-02-22 06:24:36

Aside from the imminent suspension of AIM-listed DQ Entertainment (DQE) as its Nomad resigns today, shares in ShareProphets AIM-China Filthy Forty play Auhua "Clean is my middle name" Energy (ACE) shares are also on the slide once again.

ARTICLE

China AIM fraud Auhua Clean Energy – a last chance to escape as the fat lady warms up in the wings?

2016-02-17 02:56:30

Time is running out for ShareProphets AIM-China Filthy Forty poster-boy Auhua Clean Energy (ACE) to find a new Nomad. It was announced on 29 Jan 2016 that the current incumbent, Grant Thornton, had given notice that it was to quit the post with effect from 29 Feb 2016 (a week on Monday). Barring a miracle (and we know that AIM Regulation has been keen to discourage Nomads from taking on China plays where the previous Nomad has resigned) then shareholders have until Friday of next week to get out or face being lobster-potted.

ARTICLE

Auhua - where has the Chinese website gone?

2016-02-01 06:27:52

On Friday, China fraud Auhua (ACE) announced that its nomad, Grant Thornton, was quitting as at 29 February but it said it was talking to other Nomads. Perhaps anyone happy to represent a China fraud might start its due diligence by asking where Auhua's Chinese website had gone?

ARTICLE

China fraud Auhua – heading for Death Row, but what about the Broker situation?

2016-01-30 05:10:35

Eighteen Filthy Forty members have already gone and they are still queuing up. Jiasen (JSI) took the heat earlier in the week (and there is more to come on that one) and we already have LED Holdings suspended for failing to release its accounts. Then there is Asian Citrus (ACHL) which looks set to run out of cash – or orange trees – before long. But at the back end of the week came a late surge from Auhua (ACE) to claim pole position for the next expulsion of a China fraud from the AIM Casino.

ARTICLE

Another China fraud bites the AIM casino dust: Auhua is heading for death row

2016-01-30 04:57:32

We have warned you often enough that China AIM Norfolk Auhua Clean Energy (ACE) was just not fit for purpose and today its Nomad Grant Thornton has give it one month's notice that it will quit... Auhua says it is talking to another Nomad, yeah right...

ARTICLE

Auhua – receivables at 177% of turnover in H1 2015, er.Red Flag for breakfast?

2015-10-26 00:53:48

I’ve been looking again at the interims from ShareProphets AIM-China Filthy Forty constituent Auhua Clean Energy (ACE) and its growth in receivables since FY14 of 60% since FY14 and of 92% since the first half last year – as against pretty flat turnover and margins. As at June this year we see that trade and other receivables of RMB 200.4 million as noted under current assets sit at 177% of (slightly falling) turnover of RMB 112.8 million. That looks just a tad on the high side.

ARTICLE

Auhua you kidding?

2015-10-23 00:40:41

AIM-China Filthy Forty member Auhua (ACE) issued a statement re share price movement yesterday afternoon. Come off it chaps, this just isn’t good enough. The statement reads:

ARTICLE

Filthy Forty: Auhua Clean Energy – Chairman walks.

2015-10-13 03:18:00

ShareProphets AIM-China Filthy Forty member Auhua Clean Energy (ACE) reported this morning that its Non-Eec Chairman, Mr David Sumner, has walked. His replacement, Mr Raphael Tham seems to have already stepped into the role.  Oh dear.

ARTICLE NEWSFLOW

Auhua - what a bunch of cocksuckers - crony capitalists foiled by The Sheriff of AIM

2015-06-16 07:23:02

Earlier today I revealed in yet another scoop that POS China AIM listed company Auhua (ACE) was planning a placing at just 4p when its shares were trading at 13-15p. The discount told you everything. Broker WH Ireland knows this is just a shite investment and the only folks who will support it are flippers. And now Auhua has fessed up - the Sheriff was right. Yet again. Auhua states:

ARTICLE

Exclusive: China AIM play Auhua share price 14p - WH Ireland trying to raise cash at 4p

2015-06-16 01:17:12

Chinese AIM play Auhua Clean Energy (ACE) shares now trade at 14p. The company promised in December that it would release its annual results for calendar 2014 in April. It is now June and still no results.

ARTICLE

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