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09-Aug-2011 23:59

Midas / Midas

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Yep. After losing more than 10%.. there will be a likely rebound tomorrow or Thursday.

It may not be a buy signal... (cause you'll have to look at whether you are a trader or long-term investor)

alexchia01 ( Date: 08-Aug-2011 16:13) Posted:

There is a possibility of a technical rebound for every counters this week... LOL

Just don't treat this as a Buy Signal.

It's just a signal to prepare for the next Short.

Sgshares ( Date: 08-Aug-2011 13:57) Posted:

Hi Mr Alex, do you thing a possible technical rebound for this counter this week?

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09-Aug-2011 23:48

Straits Times Index / STI to cross 3000 boosted by long-term investors

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This is crap advice.

Never sell when others are selling... selling on rebound only if you make profit if you buy at its lowest. Those who tell you to sell now, are just buying up cheap from your sales...

Sentiment is sour and bad .. but fundamentals are not.

Its all a market cycle.

Isolator ( Date: 09-Aug-2011 23:36) Posted:

Dow will drop later on..... It will close red..... Even it is green, STI will still need to drop 100 over pts.... Tmr gap down for most counters is unavoidable..... Once again...SELL ON REBOUND.... Gd luck...

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09-Aug-2011 23:36

Others / cut loss or hold?

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The choice is very clear.

For new investors:

1) If no money, don't buy.

2) If got money, also don't rush and buy,.. research first.

If butt itchy, always remember, people who sleep with itchy butt, wake up with smelly fingers.

iPunter ( Date: 09-Aug-2011 18:53) Posted:

You can do 3 things...

1) Hold it... But if the market becomes worse, you may be losing more.

2) Sell it off... If you sell now, you will have lost money.

It is hard for people to experience losing money.

3)You can pray that Cai Shen Yie (or whatever your brand)

will let it go up for you to break even, and get out.

But the problem is, when it does go up, you may

not want to sell. (thus may disappoint Cai shen Yie)... Smiley

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27-Jul-2011 21:38

Yongnam / Yong nam

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Wah hit sell order? What platform do u use warren?

Today, you can see most construction sector gain few cents .. Tuan Sing, Lian Beng, Yong Nam..etc..

I am betting on the laggard construction stock ChipEngSeng to go up next from here..

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06-Jul-2011 20:14

Straits Times Index / STI to cross 3000 boosted by long-term investors

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LOL couples quarreling is a norm.. cheer up.

Hulumas ( Date: 06-Jul-2011 13:12) Posted:

Mind your language please!

warrenbegger ( Date: 06-Jul-2011 13:06) Posted:

SGX will rape U next!

LOL!!!

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03-Jul-2011 15:53

China Gaoxian / ChinaGaoxian

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haha you won't get roasted kumpong chicken if you don't have enough eggs to hatch as well.

now i feel like having kenny rogers. (" ,) (," )

warrenbegger ( Date: 02-Jul-2011 23:50) Posted:

I very agreed with U on this.

U wont get your eggs if U kill the chicken :)

medivh ( Date: 02-Jul-2011 10:40) Posted:

In many cases btw, if the guy or pty has already run road.. they can sue them till bankrupt.. if declared bankruptcy, you think you still can get back your money? all loans will be defaulted.. No one will pay u back what you invest, This is not lehman bros..thats for sure....

Wishful thinking serious.. The banks are not going to help small retail investors.. they are going to help themselves first..

So my advice as usual.. move on ...

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02-Jul-2011 19:40

China Gaoxian / ChinaGaoxian

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Bingo! you hit the jackpot.

the statement is " if they verified all accounts are in tact" and not " WHEN they verified all accounts are intact"

I know I may sound like doomsday messenger but sigh.... who would ever trust this type of coy ever again? btw, my sympathy to you as well as I know you mentioned once that you had to pay up the lastday-bought CGX shares with loans somemore.. but .. time to move on.

stan19 ( Date: 02-Jul-2011 11:26) Posted:

The so called 3 m RMB missing is quoted by newspaper,not from the sgx report from cgx. In the lastest report, they did stated " TODATE" special auditor have verified bank reserves of 699 millions RMB in stead of the 714MILLIONs that they supposed to have per March 31 2011 finance status, the " Balance" is still verifying by auditors. The " Balance" the so called missing part by news agency. Everyone can have different views on it.

Mediv: Investors lost confidence is because of missing cash which probably due to account fraud or lapses...If the all remaining cash can be verified and company still operating as normal, i dun think why investor will totally lost faith on it.

Vanpersie ( Date: 02-Jul-2011 01:49) Posted:

The latest update is far from an update but a confusion:

Yes, it states clearly the cash and balances are as at 31 March 2011, but are they the balances after the write-off of the 1b? is the total cash missing 1b plus 3m, or only 3m

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02-Jul-2011 10:40

China Gaoxian / ChinaGaoxian

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02-Jul-2011 03:09

China Gaoxian / ChinaGaoxian

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Look people.. Move on man.. seriously, this is not worth the debate.. You should not care what they say " lost how much money or how much money went missing. " The most impt factor is that people already lost confidence in this stock.

Its strange ... all this cover up news about lesser money lost is totally BullS***

Money lost is still money lost.. analogy: when you lie its still a lie .. what small lie and big lie.. its all a bunch of Crap.

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01-Jul-2011 10:21

Progen / Progen: Turnaround stock

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Good advice! ~cheers~

Quote: Profit : the sky's the limit, Loss : everything that you put into.

francisd ( Date: 01-Jul-2011 09:30) Posted:

This was just a word of CAUTION.

If you all are making money is good (we are all here to make money, isn't it with everyones risk appetite) because if the counter goes down for any reason just the reason or no reason it goes up, be ready to lose your pants.

Experience and veterans in the market will tell you this. So happy investing.

Cheers.

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01-Jul-2011 10:18

China Gaoxian / ChinaGaoxian

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Heng ah ~~~

Losing the opportunity sometimes is gain in $$ (," ) (" ,)

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01-Jul-2011 09:25

China Gaoxian / ChinaGaoxian

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This is what I had posted few months ago..

Life still goes on .. and don't lose hope .. there are many other things/counters to play with.. hehehe.

medivh ( Date: 12-Apr-2011 10:59) Posted:

As I mentioned before.. listen to the sound advice and go punt on other stock counters with a sound mind.

If you are still betting on the coming AGM to give you some light.. be prepared for more darkness.

medivh ( Date: 24-Mar-2011 21:11) Posted:

Right now the only sound advice is this:

1) Do not lose your head if you are those who vested and lost alot

2) Be of calm mind and vest only when you know what you are doing.

3) Most importantly, do not fret over what has already happened. Go take a breather, if you have to , smell some flowers and get on with life.

Look at Japan and Libya, and you will know what I mean. Lives are more impt than money. *Pardon me if I talk too much about things you already know*

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01-Jul-2011 09:19

Progen / Progen: Turnaround stock

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LOL i never really believe those who say cut at this px or buy at this px..

SEE for yourself.. that's the best policy.. This counter will be the most activity for today ... haha cause its being played heavily..

if you are a " Surfer" and like to learn .. just see this one.. a lot of fake buy and sell queues*hint

tchoonw ( Date: 01-Jul-2011 09:13) Posted:

wat cut losses??? still cheonging today leh...

francisd ( Date: 30-Jun-2011 17:30) Posted:

Better be ready to cut your losses if you BUY. A word of caution.

Cheers.

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01-Jul-2011 00:36

China Gaoxian / ChinaGaoxian

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Those who have predicted gone case are only selected few, and unlike many who still thinks its not gone. S-chips is still ok.

you see, many people who lost in stocks and shares (always hoping) that their paper lost is just paper lost... when time catches up on them, then they will realise OMG.. its gone!

Perhaps it will not be bloody LOL like des-khor put it.. but seriously.. who really cares about your money except urself..

so be smart and trade properly lor. S-chips so far IMHO has not reach the end of its age yet.

andreytan ( Date: 01-Jul-2011 00:26) Posted:

This one is a gone case everybody know.. Mkt already anticipate this. So why should it affect other s-chip.

I dont think so.

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21-Jun-2011 10:08

Others / S-chips like rubbish and shit now!

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Why bother when you are already doing it youurrrrrrrrrrr wayyyyyyyyyyyyyyyyyyyyyyy ...(" ,) (," )

Hulumas ( Date: 20-Jun-2011 21:04) Posted:

So what do you recommend me to do then?

medivh ( Date: 20-Jun-2011 20:21) Posted:

M.Ng9999, if you follow our posts here, you will know that he or she or both, yet to be ascertain, has been loving S-chips years ago, and has been influencing others to also buy S-chips despite the bad spate of news coming from everywhere, Even with evidence of the on-going lack of confidence from other continents, does not stop her/him/it from telling others how good S-chips are....

Some known facts: Her or His or Its suspended stock includes Zilong and some other S-chips.

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20-Jun-2011 20:21

Others / S-chips like rubbish and shit now!

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15-Jun-2011 17:21

Others / S-chips like rubbish and shit now!

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The reason why I ask is the amazement in the support he/she gives for S-chip despite the spate of negativeness surrounding it.

If you know History of ancient China, the " Neither" in betweens are very loyal to their emperors and empress dowager. (" ,) (," )

des_khor ( Date: 15-Jun-2011 17:13) Posted:

she + him = shim

Here got one .....Godosamy

medivh ( Date: 15-Jun-2011 17:04) Posted:

What if its neither?

(" ,) (," ) kekek

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15-Jun-2011 17:04

Others / S-chips like rubbish and shit now!

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What if its neither?

(" ,) (," ) kekeke

Peg_li ( Date: 14-Jun-2011 23:37) Posted:

Hulumas, are you woman or man?

If you are man, you also have that!

If you are woman, you should love it more!

hahaha!

Hulumas ( Date: 14-Jun-2011 22:38) Posted:

? I really do not understand, what you said!

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14-Jun-2011 00:08

Others / S-chips like rubbish and shit now!

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Bad business and monkey business are different..and very different.

Good posts by Jackpot from biz times that sums up almost everything to do with S-chips and the qn of " who still dares to buy S-chips"

so far the comments given by LL and Hulu doesn't justtify any buying catalyst.. All these so called low PE ratio, TA or FA or good earnings cannot really clear the bad aura of scandals, fraud, and illusionary cash assets.

Negative eh? Truth be it!

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13-Jun-2011 13:57

Others / S-chips like rubbish and shit now!

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ya, who dare bring on the lawsuit?

some kana burnt until jialat jialat... nothing left to lose already also no mood to also sue..

SGG_SGG ( Date: 13-Jun-2011 12:22) Posted:

I think again, and reason that if S-Chips are that bad, why have them approved for listing in the first place. And why slap themselves in the face and exposing their lack of foresight, expertise or lack of good bourses governance. It goes to show that authorities in the relevant exchanges are either sleeping or they could be they are in cahoots with dishonourable elements of the markets. Don't tell me that they can't differentiate between a good set of accounts and a lying account? Something is wrong somewhere, where is the due diligence, the responsibility to the investing public? - WHO DARES ASK THESE QUESTIONS DIRECTLY AT SGX? Especially considering the no. of S-chips that have gone under... too many to be considered acceptable. And how come this has gone on for this long? Somebody has to be accountable for this. Please don't tell me that SGX authorities are oblivious to the " custom" & " business styles" of China companies...coz really, even taxi driver also knows! SO WHAT DOES THIS IMPLY? hahahahaa...

Hyflux price drop drastically due to Libya unrest.. SGX query. But accoounting irregularities can go masked.

Although more stringent measures must be taken where S-chips are concerned... but for many it is already too late, as they have lost too much to mention, despite those who have stop loss strategy, company halt, and open huge gap down... too late.

Laulan ( Date: 13-Jun-2011 11:30) Posted:

I think again, and reason that if S-Chips are that bad, why have them approved for listing in the first place. And why slap themselves in the face and exposing their lack of foresight, expertise or lack of good bourses governance. It goes to show that authorities in the relevant exchanges are either sleeping or they could be they are in cahoots with dishonourable elements of the markets. Don't tell me that they can't differentiate between a good set of accounts and a lying account? Something is wrong somewhere, where is the due diligence, the responsibility to the investing public?

But anyway, it is not too late now to tackle the S-Chip problems properly. The law must be passed that all directors are personally liable for all deeds of their listed company's transaction and can be sued as a person in relation to their companies and not just the company being sued as a legal entity that they enjoy. Company laws must be change for list companies (public companies, especially the listed ones). In addition, the accountants and auditors (whistler blowers) must both have certain liabilities over the affairs of the companies they are accounting or auditing because they are paid to do the job. So before and after listing, they should be accountable like the architects who are accountable for the collapse of a building due to structural faults found in later years. If there are such a protective framework in place, I think the market place will be a safer one.

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