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Whatever, it is buy when at lowest possible price level for example I bought KXD at Sgd. 0.005 though cannot get as much as I want, and lately sold at Sgd. 0.02...... Huh 400% profit!
Nostradamus ( Date: 16-Oct-2006 23:11) Posted:
Bank Negara Malaysia governor Zeti Akhtar Aziz has declined to comment on a reported investigation into a US hedge fund by the US and Malaysian authorities.
Zeti told reporters after the signing of an agreement between BIMB Holdings Bhd and Dubai Financial LLC that the central bank cannot comment on investigations which are still in progress.
According to media reports, the US and Malaysian regulators have launched investigations into hedge fund Aeneas Capital Management LP, after its investments in Malaysian stocks caused heavy losses in its Priam fund.
If true, wonder if any SGX stocks are involved in the hedge fund. |
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finance ppl really know how to make money. :)
niuyear ( Date: 02-Oct-2009 10:08) Posted:
Hedge Funds Find A New Financial Product To Trade: Lehman Bankruptcy Claims
 Hedge funds and investment banks are trading Lehman bankruptcy claims. And it’s not just a matter of a couple of distressed debt funds buying the claims—it really looks like they are being actively traded.
Credit Suisse, for instance, bought a $423 million claim from Citadel recently. And now it is looking to sell a $1 billion claim, according to Bloomberg.
We’re not quite sure how this market is working yet or how actively the claims are being traded. According to Bloomberg, Elliott Management, King Street Capital and Paulson & Co collectively have accumulated $13 billion of claims against Lehman. Silver Point Capital is also a buyer.
We've got to admit that this is one of the things we love about finance. People will find a way to trade everything.
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Hedge Funds Find A New Financial Product To Trade: Lehman Bankruptcy Claims
Hedge funds and investment banks are trading Lehman bankruptcy claims. And it’s not just a matter of a couple of distressed debt funds buying the claims—it really looks like they are being actively traded.
Credit Suisse, for instance, bought a $423 million claim from Citadel recently. And now it is looking to sell a $1 billion claim, according to Bloomberg.
We’re not quite sure how this market is working yet or how actively the claims are being traded. According to Bloomberg, Elliott Management, King Street Capital and Paulson & Co collectively have accumulated $13 billion of claims against Lehman. Silver Point Capital is also a buyer.
We've got to admit that this is one of the things we love about finance. People will find a way to trade everything.
Bank Negara Malaysia governor Zeti Akhtar Aziz has declined to comment on a reported investigation into a US hedge fund by the US and Malaysian authorities.
Zeti told reporters after the signing of an agreement between BIMB Holdings Bhd and Dubai Financial LLC that the central bank cannot comment on investigations which are still in progress.
According to media reports, the US and Malaysian regulators have launched investigations into hedge fund Aeneas Capital Management LP, after its investments in Malaysian stocks caused heavy losses in its Priam fund.
If true, wonder if any SGX stocks are involved in the hedge fund.
On the positive side, we seriously need hedge funds to move the market ... Without them, the market will be FLAT as retail investors are peanuts.
If we can spot a good buy early before hedge funds move in .... Shiok time!!!
Amaranth, the US$9.2b hedge fund that lost US$6.5b in less than a month because of aggressive bets on natural gas, is understood to have stakes in Stratech and Interra Resources.
The fund recently sold off its stake in Midas, prompting the market to speculate a possible sell-off of its other holdings here.
Midas got a big whack in the past 2 weeks, from $1 to $0.86, as Amaranth disposed of about 21m shares. Upon disposal, Midas has since recovered to $0.97.
Getting less worry for hedge fund, going to win this round liao.
FED is trying to punish the reckless finds....
When world cup is over, hedge fund win this time round.
Hedge fund is in liao as they lost the last time they take order.
hedge fund also cannot stand liao.. must play now.. world cup over in 3 weeks time ?
Russia/Iran vs US/China on oil prices. The later wanted oil to be as cheap as possible, while oil producer want oil to be as dear as possible. So who will win this tag of war.
Sell on good news yah..if not will have to wait for next good news liao, don know when it will come again.
Hedge funds have pulled well over US$8.5 b from Asian bourses and emerging economies over the past 3 weeks.
Institutional funds with a long-term view have also been paring their holdings, as pressure grows from investors keen to redeem their unit trusts.
The STI valiant attempt to rebound this morning was short-circuited by another bout of program selling; possibly on hedge funds unwinding. I warned earlier on hedge funds.
Hedge funds have bought heavily into China stocks such as China Hongxing, ChinaFish, China Essence, etc. For example, Och-Ziff Capital Mgt, one of the 20 largest hedge funds in the world, bought 72 mln of China Hongxing's RCPS.
These hedge funds are essentially short term players in any mkt. When they decide to pull out from the region, many stocks will come under heavy selling pressure.
With many China stocks having recorded hefty gains, they may liquidate their positions and move up north, where China has just announced that it's reopening its stock mkts to IPOs.
Also, they can sell short unlike normal funds. This will also cause prices to plunge.
