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1381-1400 of 1965
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Fall below $3.50ct...some say a good buy, some bot and contra of those losses bot at more then $3.50ct, forsee another volatile coming week in property trading prices, so expect to see it cheap, cheap can be cheaper...Ya.
Still this is just my personnal opinion only...Ya, it closed lower today 5.05pm...:((
| Capitaland |
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3.560 |
3.400 |
-0.180 |
-5.0 |
22,756,000 |
589,000 |
3.400 |
3.410 |
15,000 |
3.600 |
3.380 |
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teeth53 ( Date: 28-Sep-2008 09:39) Posted:
Last:3.4 Vol:22756k  -0.18
Some said, it is cheap, cheap can be cheaper...
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Last:3.4 Vol:22756k -0.18
Some said, it is cheap, cheap can be cheaper...
aiyah. actually, such things are very common. they're basically all done by prop traders. when they make it good, the company will not complain; but when they make huge losses, the first to go are these guys.
btw, no way to edit here; i know, i have many posts i'd like to edit too. >~<
anyhow, back to capland. next support in the 308-328 region.
oops wrong thread.. sorry.
those info got anything to do in Capitaland thread? thanks for sharing nevertheless.
Hidden losses by bank traders. This is something not very common although it has before at Barings, then a Dutch bank and then and then and then and then and then and then and then.
Why does it happen? Of speculative actions. All these show the lackof foresight of fiancial governance. Whose faults not to see the proper conducts of financials. Look at the stock markets of self professed superlative well managed countries. They are failing to protect the hurricanes that they can predict and waited for its arrivals shocked into inaction.
Becareful Singaporeans, don't do the wrong things. Do something sane and not kill the market
leechongpeng ( Date: 26-Sep-2008 12:29) Posted:
HONG KONG, Sept 18 (Reuters) - Bank of East Asia (0023.HK: Quote, Profile, Research, Stock Buzz) discovered one of its traders buried losses from unauthorised equity derivatives trades and on Thursday slashed its reported 2008 interim earnings by almost 12 percent, the bank said.
The bank said it discovered a trading loss of HK$93 million ($11.9 million) and was restating its first-half after-tax profit lower by HK$109 million -- about 11.7 percent of the HK$930 million profit it reported in August.
Shares in Bank of East Asia fell 6.6 percent to HK$27.55 before trading was suspended on Thursday, as global financial turmoil triggered a heavy sell-off in banks listed in Hong Kong. |
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TA shows downtrend. I'll avoid for the time being until short-term MA is uptrend at least.
HONG KONG, Sept 18 (Reuters) - Bank of East Asia (0023.HK: Quote, Profile, Research, Stock Buzz) discovered one of its traders buried losses from unauthorised equity derivatives trades and on Thursday slashed its reported 2008 interim earnings by almost 12 percent, the bank said.
The bank said it discovered a trading loss of HK$93 million ($11.9 million) and was restating its first-half after-tax profit lower by HK$109 million -- about 11.7 percent of the HK$930 million profit it reported in August.
Shares in Bank of East Asia fell 6.6 percent to HK$27.55 before trading was suspended on Thursday, as global financial turmoil triggered a heavy sell-off in banks listed in Hong Kong.
Now the road blck is @3.47. What game are these BBs playing? Puzzle!
wah, dun know why the BB do a road block @3.45? When hit it, the sellers just came in to sell huge amount!
What is going to happen if all naked shorts are bought back via the SGX buyin process?
People won't be shorting naked after the exercise?
I think they will go for some modifications of the shorting on borrowed stocks. Beware fellas. Buy back and lock in your profits!! Hahaha.
SGX is buying back naked short yesterday, I think it starts at 11.00-11.30am. Not sure exactly what time. Well, while we are chatting, the price rebound....I am out liao @3.45. When it went down below 3.40, I hoot big time, covered my losses from yesterday + a little profit...hehehe!!! Now have a few lots holding for long term. It's a good price at this range (my view oni). Cheers!
what are the signs to look out for at 11.30? buy or sell?
I am waiting for 11.30am.
I think it will rebound. It can't goes too low.
Althought is Bluechip still must buy at low price than can earn money ma ! For those bought at $8 level ???
Why worry so much, it's blue chip leh...hehehe!!!
jackjames ( Date: 26-Sep-2008 10:28) Posted:
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you better act fast...
Truth also to cut first... like China after the olympic also game over !
jackjames ( Date: 26-Sep-2008 10:18) Posted:
| think you better cut loss fast, F1 zoom to downtown now.. |
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think you better cut loss fast, F1 zoom to downtown now..
