Scammed Investors - Pls stay calm and read this!
i am also one of the investors who got scammed by the scammers on 01069. I’ve read negative comments on this stock and would like to address some of them from my research and also having spoken twice to HKEX who oversees this stock.
1. Bozza Development is a legit company and is not a scam company - this company happened to be a target for scammers and some of us happened to be victims. A public listed company is subjected to heavy penalties by SFC if they try to falsify their reports
2. Acquisition news is legit and the reason why HKEX suspended the trading upon their request. i asked HKEX at that point of time before the 9/11 announcement whether there is a possibility that the company is in trouble and that’s why its suspended - she said this is unlikely because acquisition is the main reason why its halted. Again its a public listed company and will face heavy penalties if they falsify any report
3. Morningstar gave this stock a fair value at HKD 2.01 - this is shared by a fellow investor who have access to professional analyst report and I am also attaching the screenshot here. Looks like professional analysts thinks that this stock has a positve outlook (esp now with the acquisition announcement). I would expect that more analysts may share more about this stock outlook esp with the recent announcment of the acquisition in the coming weeks. So if you keep calm it may just be a good investment after all!
4. Restructuring at the board level and strategic alliance shows that the company is doing their best to turnaround the business. i would encourage you to review all the official announcements from Bozza either on HKEX website (search for the stock code) or posted on MooMoo to understand what the company has been trying to do to turnaround the business.
5. Scam Operators may not have fully gotten rid of the stock before the suspension. The stock only plummet during the last 5-10mins before the close of HKEX - and then it was suspended till Sep 11 (it actually came back up from below $1 to $1.41 at close!). While I try to avoid speculation, I don’t think its possible to sell the stock fully within the 5-10mins before close - so scammers may still have an interest on this stock (note that this is just my opinion)
In summary, Bozza is a legit company and making every effort to turn the company around with the recent restructuring and strategic alliances. I would encourage you to consider some of my findings, do your research, keep calm and give yourself and Bozza Stock another chance. What the devil (scammers) may meant it for evil, God may just turn it around for good (with huge lessons learnt from this saga)
Let’s keep calm and make a wise decision on this stock. Eventually its your call but most importantly, have no regrets in whatever decision you decide and move on! Stay Strong my fellow investors and stay positive!
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Lorenzo99 : You keep saying you got scammed how cause someone told you to buy a stock and you did without doing your own research you scammed yourself how did a group scam anyone please tell me I would love to know this one person sold a ton of shares and what the groups were doing was pumping the stock by getting people to. Buy it and you listened to them the scam is on you we win and loose in this game so now face the truth of your actions and own your own issues
73015995 Lorenzo99 : I agrée on everything except that the stock fell because of hou Huang. That’s not true. Look at when she actually sold her shares. She sold some everyday during the first week of the pump. She had sold everything 2-3 days before the dump. The price did not fell because of her but only because of the scammers dumping their shares bought at low price.
Lorenzo99 : do the math bro and think bro
Stay Strong 777 OP 73015995 : Thanks for the sharing the analysis and I’ve updated pt 5 accordingly
73015995 Lorenzo99 : What math? Look at the dates she sold. We all bought her shares and the price continued to rise through that.
73015995 : The stock kept rising for another week. She has nothing to do with the fall.
73212842 73015995 : Where did you get this data from?
Jaguar8 : Very good information… factual pieces of information.
Ckconnect Lorenzo99 : wow! you must be one of them, sounds like it. Congrats u did your job well.
wooper : thank you for sharing