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Fellowship of the Shares

tanglinboy
Elite

24-Mar-2008 22:32

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Anybody know this guy? I always see CNA people talking about him

Article from straits times - http://www.straitstimes.com/Latest%2BNews/Courts%2Band%2BCrime/STIStory_220075.html

Unlicensed fund manager jailed five months
By Khushwant Singh
TRAINING firm Zone Financial was set up to teach people how to trade in future contracts and indices. But it also acted as a fund manager between May 2004 and August 2006, collecting nearly $4 million from 32 people. Its managing director, Kelvin Han How Yong, 28, was on Monday jailed five months after pleading guilty to allowing the firm to engage in fund management without a capital markets services licence from the Monetary Authority of Singapore (MAS). Han would persuade participants at his training sessions to invest in a fund - called the Kelvin's Fund - for periods ranging from a few weeks to six months. Between May 2004 and August 2006, he raised about $4 million from 32 investors as personal loans to him. The money was used to trade in futures contracts and indices and he promised his clients returns of one to five per cent per month, depending on the amount they put in. By the time he resigned as managing director in August 2006, he had lost about $718,000.

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baseerahmed
Master

19-Mar-2008 06:59

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Sci-fi guru Arthur C. Clarke dies at 90

Longtime Sri Lanka resident wrote more than 100 books, including '2001'

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iPunter
Supreme

16-Mar-2008 19:49

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A crash is better than a sustained bear market...

In a panic crash, one can pick up great bargains at low low prices...

But in drawn out bear market, many people's money is eroded week by week...
month by month, as is happening at this time, and it seems to be without end.... Smiley

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DnApeh
Master

16-Mar-2008 16:15

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Hasn't REALLY crashed yet. Maybe tomorrow.

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singaporegal
Supreme

16-Mar-2008 10:32

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Hey all.. I'm back!

Looks like the market really crashed when I am away.... Smiley

Hey elfie - where did you go? Back yet?

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ccktsp
Member

12-Mar-2008 22:54

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Both of u going to the same place, is it? Smiley

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elfinchilde
Elite

12-Mar-2008 22:44

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haha, what a coincidence! i'm leaving for a short holiday tomorrow too! Laugh

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singaporegal
Supreme

12-Mar-2008 22:26

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okie... I'm going off tomorrow.

Unfortunately, I think the market will likely end up in the red tomorrow because of the big rally today. Smiley

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iPunter
Supreme

11-Mar-2008 00:24

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There's certainly fellowship of the bears for those who are share 'holders'... Smiley

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singaporegal
Supreme

10-Mar-2008 21:37

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Hi shplayer,

Last minute meh? hehehe...

BTW, I think we should change the title of this thread to "Fellowship of the Bears" !

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shplayer
Elite

10-Mar-2008 20:57

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singaporegal,

Aiyah!!! How come you inform us of your departure at the last minute? Next time must give more notice lah. Smiley

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elfinchilde
Elite

10-Mar-2008 17:35

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tabbykat: bwahahhahahha! Smiley

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tabbykat
Member

10-Mar-2008 17:23

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Why I know Mas Selamat is in Malaysia?

I went to Malaysia last weekend. During the trip, I saw several banners saying

"Selamat Datang".

That's how I knew.

Cheers.

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techsys
Master

09-Mar-2008 18:20

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Hi Singaporegal, it has been long time not seeing you .. where had you been? Still in your holiday trip?

For francis ... once you know what FX is, you will be very happy to play with. And its movement clearer than Stock Market.

Enjoy your life bro ...

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singaporegal
Supreme

09-Mar-2008 10:24

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Hey elfie,

How is it going for you? Enjoying your break?

I'm going on a short break at the end of this week. Haha... just to let those people who are keeping track of the SGH indicator

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pikachu
Veteran

08-Mar-2008 22:04

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With this current market turmoil... I think there are better odds in playing mahjong or 21 than in playing stocks. hehehe..

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iPunter
Supreme

07-Mar-2008 10:10

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I agree with you...

All is speculation... Smiley

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AK_Francis
Supreme

07-Mar-2008 00:46

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Alamah, don't get involve in FX, esp USD currently situation. End of the days you will find you have Rings on the Eyes. Money earned not enough to get rid of them. Ha ha.

BTW, you may consider to trade Gold at this moment, though its price is shocking high now. Cheers.

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iPunter
Supreme

06-Mar-2008 23:39

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By the way, members may wish to know that Grace Cheng's Forex website has a new look...

www.GraceCheng.com

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iPunter
Supreme

06-Mar-2008 23:35

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You probably (like me) do not favour highly-geared instruments but prefer paid up stock trading.

It is true that the high gearing in FX trades is more 'dangerous' than stocks... Smiley

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