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ThinkEnv name change to Liongold Corp

Eh, bodoh.

Me leh Me leh? I understand well or not?

 

wanglausern      ( Date: 25-Nov-2013 22:51) Posted: You my friend are one of the very few here who is so sensible, impartial and understands the mechanics of the  market so very well. All the best to all your future trades.  xtraderx      ( Date: 25-Nov-2013 22:30) Posted: I don't trade full time but I also lost some unrealised profits due to this crash, its not fair to say that I won't understand. You shouldn't lose everything overnight if you know how to manage risk, I actually bought and sold blumont and asiasons many times but I only did it intraday, I knew it was too risky to carry it overnight. This is basic risk management. There is no such thing as a natural market... markets are all man made, the whole ramp up was done by people who borrowed a lot of money to corner these stocks. These big fishes were swallowed by a fish thats bigger than them... a shark. Thats how the game works...

 

You my friend are one of the very few here who is so sensible, impartial and understands the mechanics of the  market so very well.

All the best to all your future trades. 

xtraderx      ( Date: 25-Nov-2013 22:30) Posted: I don't trade full time but I also lost some unrealised profits due to this crash, its not fair to say that I won't understand. You shouldn't lose everything overnight if you know how to manage risk, I actually bought and sold blumont and asiasons many times but I only did it intraday, I knew it was too risky to carry it overnight. This is basic risk management. There is no such thing as a natural market... markets are all man made, the whole ramp up was done by people who borrowed a lot of money to corner these stocks. These big fishes were swallowed by a fish thats bigger than them... a shark. Thats how the game works...     risktaker      ( Date: 25-Nov-2013 22:09) Posted: Well.... like i say trading is our bread and butter.... and if ur not in our position how can you feel the pain and losses that people lost because of this penny crash....you wont understand.... imagine u lost everything overnight.... the case i am bringing up is goldman shouldnt start this and let the market naturally handle it.... who can guarantee that the trio will never become another wilmar in 5 years..... You never know.... once more i am only against the way goldman action....which kill our dear market.... goldman is wrong and unlawful to go against its client interest...

 

My view
SGX over regulated

 

Wow big words,

I thought you are too smart to differentiate LG  from Blumont already huh?

So Alex pull out Blumont sure falls??? Worst come to worst change shareholders and CEO. But does that mean company will collaspe?  Maybe we are all too 'dumb' to comprehend that.

You are totally on a whole new level of smartness.

Lol Bodoh, nice word to use on your postings.

:)

wanglausern      ( Date: 25-Nov-2013 21:43) Posted: Eh Bodoh, Neo is chairman of Blumont and has nothing to do with LG, but if Blumont falls the other two will also mati. Rosesyrup      ( Date: 25-Nov-2013 19:20) Posted: Alex in liongold? Lol. Owne

 

I don't trade full time but I also lost some unrealised profits due to this crash, its not fair to say that I won't understand. You shouldn't lose everything overnight if you know how to manage risk, I actually bought and sold blumont and asiasons many times but I only did it intraday, I knew it was too risky to carry it overnight. This is basic risk management.

There is no such thing as a natural market... markets are all man made, the whole ramp up was done by people who borrowed a lot of money to corner these stocks. These big fishes were swallowed by a fish thats bigger than them... a shark. Thats how the game works...

 

 

risktaker      ( Date: 25-Nov-2013 22:09) Posted: Well.... like i say trading is our bread and butter.... and if ur not in our position how can you feel the pain and losses that people lost because of this penny crash....you wont understand.... imagine u lost everything overnight.... the case i am bringing up is goldman shouldnt start this and let the market naturally handle it.... who can guarantee that the trio will never become another wilmar in 5 years..... You never know.... once more i am only against the way goldman action....which kill our dear market.... goldman is wrong and unlawful to go against its client interest... xtraderx      ( Date: 25-Nov-2013 21:52) Posted: The traders who bought the trio at those high and unjustified prices already got " robbed" as soon as they hit the buy button, its a game of musical chairs, tough luck if you were trying to buy high and sell higher but didn't manage to do that. There aren't that many incredibly high PE shares in the US market, there are a few like tesla (which has already slumped almost 40% recently) and netflix but they are just as susceptible to selloffs, its all a game of musical chairs, all it takes is a trigger to do it. Yes and no one point a gun at to buy... goldman certainly didn't force you to buy... They were acquiring assets with stock that were worth nothing, tough luck for those who believed those stories. Our market was already doing very badly before this thing happened, look at all the blue chips and mid caps, all not moving, STI is barely higher year-to-date. Only the penny stocks linked to the trio and a handful of others were doing well, the game was going to end badly eventually. I'm also stuck with 2 penny stocks but I'm overall still up for this year, I consider myself lucky to have got out before the music stopped, but I won't blame others even if I didn't manage to escape.

 

Well.... like i say trading is our bread and butter.... and if ur not in our position how can you feel the pain and losses that people lost because of this penny crash....you wont understand.... imagine u lost everything overnight.... the case i am bringing up is goldman shouldnt start this and let the market naturally handle it.... who can guarantee that the trio will never become another wilmar in 5 years.....
You never know....

once more i am only against the way goldman action....which kill our dear market....

goldman is wrong and unlawful to go against its client interest...

xtraderx      ( Date: 25-Nov-2013 21:52) Posted: The traders who bought the trio at those high and unjustified prices already got " robbed" as soon as they hit the buy button, its a game of musical chairs, tough luck if you were trying to buy high and sell higher but didn't manage to do that. There aren't that many incredibly high PE shares in the US market, there are a few like tesla (which has already slumped almost 40% recently) and netflix but they are just as susceptible to selloffs, its all a game of musical chairs, all it takes is a trigger to do it. Yes and no one point a gun at to buy... goldman certainly didn't force you to buy... They were acquiring assets with stock that were worth nothing, tough luck for those who believed those stories. Our market was already doing very badly before this thing happened, look at all the blue chips and mid caps, all not moving, STI is barely higher year-to-date. Only the penny stocks linked to the trio and a handful of others were doing well, the game was going to end badly eventually. I'm also stuck with 2 penny stocks but I'm overall still up for this year, I consider myself lucky to have got out before the music stopped, but I won't blame others even if I didn't manage to escape.   risktaker      ( Date: 25-Nov-2013 21:25) Posted: So it is ok to rob a bank just because u know that there tons of cash and no guards at that particular time..can you say oh well its the bank fault... no right... doesnt mean goldman can pull trigger and resulted a damage which is far greater than any major crashed....it is ethically and seriously wrong for goldman to do it . There are many shares trading incredible PE in US/china market ....no one point a gun at u to buy....beside they are acquiring many assets.... which is a strategy to grow.... as long you believed their story who cares.... (i didnt really believe or trade much) but at this price i see good buying opportunity... even though i havent start buying....as i am still waiting the outcome of the investigation....MAS/SGX should really give us an answer soon... ...my main case is the damage that our market took was huge..... every bloody market enjoyed big rally except singapore... goldman sac is having christmas party right now..... its not fair....i want a fairer market but not goldman sac coming in and stir up shit.... now market is dead.....will it recover?maybe will take many months or years...

 

The traders who bought the trio at those high and unjustified prices already got " robbed" as soon as they hit the buy button, its a game of musical chairs, tough luck if you were trying to buy high and sell higher but didn't manage to do that.

There aren't that many incredibly high PE shares in the US market, there are a few like tesla (which has already slumped almost 40% recently) and netflix but they are just as susceptible to selloffs, its all a game of musical chairs, all it takes is a trigger to do it. Yes and no one point a gun at to buy... goldman certainly didn't force you to buy... They were acquiring assets with stock that were worth nothing, tough luck for those who believed those stories.

Our market was already doing very badly before this thing happened, look at all the blue chips and mid caps, all not moving, STI is barely higher year-to-date. Only the penny stocks linked to the trio and a handful of others were doing well, the game was going to end badly eventually. I'm also stuck with 2 penny stocks but I'm overall still up for this year, I consider myself lucky to have got out before the music stopped, but I won't blame others even if I didn't manage to escape.

 

risktaker      ( Date: 25-Nov-2013 21:25) Posted: So it is ok to rob a bank just because u know that there tons of cash and no guards at that particular time..can you say oh well its the bank fault... no right... doesnt mean goldman can pull trigger and resulted a damage which is far greater than any major crashed....it is ethically and seriously wrong for goldman to do it . There are many shares trading incredible PE in US/china market ....no one point a gun at u to buy....beside they are acquiring many assets.... which is a strategy to grow.... as long you believed their story who cares.... (i didnt really believe or trade much) but at this price i see good buying opportunity... even though i havent start buying....as i am still waiting the outcome of the investigation....MAS/SGX should really give us an answer soon... ...my main case is the damage that our market took was huge..... every bloody market enjoyed big rally except singapore... goldman sac is having christmas party right now..... its not fair....i want a fairer market but not goldman sac coming in and stir up shit.... now market is dead.....will it recover?maybe will take many months or years... xtraderx      ( Date: 25-Nov-2013 20:57) Posted: I think its pointless to blame goldman or sgx for this, somebody else would have pulled the trigger on this even if goldman didn't get themselves involved.Think about what Blumont was worth before it crashed, its market cap was bigger than many blue chips on the STI yet it had no assets or earnings to support it, it was a bubble ready to be popped, anyone could have done it. I warned in late Sept about the trio and its connections with stocks like IPCO, examine the relationship between the shareholders, their shareholdings in these companies and cross holdings within these group of companies and its not hard to see what they were up to

 

Eh Bodoh, Neo is chairman of Blumont and has nothing to do with LG, but if Blumont falls the other two will also mati.

Rosesyrup      ( Date: 25-Nov-2013 19:20) Posted: Alex in liongold? Lol. Owned wanglausern      ( Date: 25-Nov-2013 19:12) Posted: You and TPG will see chow-ang-moh Alex chicken out from buying up Neo's stake this Dec 6th and then we see who gets the last luff

 

So it is ok to rob a bank just because u know that there tons of cash and no guards at that particular time..can you say oh well its the bank fault... no right... doesnt mean goldman can pull trigger and resulted a damage which is far greater than any major crashed....it is ethically and seriously wrong for goldman to do it .

There are many shares trading incredible PE in US/china market ....no one point a gun at u to buy....beside they are acquiring many assets.... which is a strategy to grow.... as long you believed their story who cares.... (i didnt really believe or trade much) but at this price i see good buying opportunity... even though i havent start buying....as i am still waiting the outcome of the investigation....MAS/SGX should really give us an answer soon...

...my main case is the damage that our market took was huge..... every bloody market enjoyed big rally except singapore... goldman sac is having christmas party right now.....

its not fair....i want a fairer market but not goldman sac coming in and stir up shit....
now market is dead.....will it recover?maybe will take many months or years...

xtraderx      ( Date: 25-Nov-2013 20:57) Posted: I think its pointless to blame goldman or sgx for this, somebody else would have pulled the trigger on this even if goldman didn't get themselves involved.Think about what Blumont was worth before it crashed, its market cap was bigger than many blue chips on the STI yet it had no assets or earnings to support it, it was a bubble ready to be popped, anyone could have done it. I warned in late Sept about the trio and its connections with stocks like IPCO, examine the relationship between the shareholders, their shareholdings in these companies and cross holdings within these group of companies and its not hard to see what they were up to. risktaker      ( Date: 25-Nov-2013 16:01) Posted: I know how bank deal structure..... and banks has the right to force sell whatever it has.... but remember being unreasonable expect them to top up within just 2 hours is wrong.... furthermore they found buyers to take over the shares.....and yet they dont care..... all actions from goldman sac only point to one purpose to sell in the public domain in order to bring down the price.... totally against client interest.... This is not acceptable... Now the market is dead because goldman action of course we blame him..... we need to find the caused for the market dead.... Market was performing well when the 3 trio is doing well.... even though i dont trade but we traders benefit from the sentiment.... from what i see they are really into building up their assets.... not just any pump and dump..... But because.of goldman the market is dead..... tell me how not to blame goldman..... i cant blame sgx because they are pressure by the medias..... but goldman is the one that pull the trigger..... Goldman must pay.... i studied law before and there is a strong case against goldman....

 

Entire wall street was made to pay for the mess, goldman is not alone in this. They might have betted against their clients but what investment bank doesn't do that? Banks are not risk takers, they are managers of risk, they make money from arbitraging and trading spreads, and not from taking huge one sided bets. Banks that make one sided bets tend to go bankrupt quickly like lehman bros or bear stearns. Even our local banks are not saints, remember the DBS high notes and all that junk they sold to their clients during the subprime crisis?

 

 

singa9999      ( Date: 25-Nov-2013 20:36) Posted: GS acted in accordance with " share margin agreement " ????.....Track record of Goldman is quite on the contrary.....for those who forgot the recent past !!  SGX and MAS " MUST" come on VERY STRONGLY on GS, if we are to survive as a vibrant global financial hub ! 1)Goldman Sachs Charged With Fraud SEC Alleges Firm Misled Investors on Securities Linked to Subprime Mortgages Major Escalation in Showdown With Wall Street http://online.wsj.com/news/articles/SB10001424052702303491304575187920845670844 2)Goldman Sachs Shorted Greek Debt After It Arranged Those Shady Swaps http://www.businessinsider.com/goldman-sachs-shorted-greek-debt-after-it-arranged-those-shady-swaps-2010-2 (1)Caused the US subprime crisis in 2008. (2)Caused the Euro crisis in 2010 xtraderx      ( Date: 25-Nov-2013 20:31) Posted: Agree. Goldman sachs would not have force sold their customers' shares if they were not authorised to do so, they must have covered their asses in the share margin agreement.

 

I think its pointless to blame goldman or sgx for this, somebody else would have pulled the trigger on this even if goldman didn't get themselves involved.Think about what Blumont was worth before it crashed, its market cap was bigger than many blue chips on the STI yet it had no assets or earnings to support it, it was a bubble ready to be popped, anyone could have done it.

I warned in late Sept about the trio and its connections with stocks like IPCO, examine the relationship between the shareholders, their shareholdings in these companies and cross holdings within these group of companies and its not hard to see what they were up to.

risktaker      ( Date: 25-Nov-2013 16:01) Posted: I know how bank deal structure..... and banks has the right to force sell whatever it has.... but remember being unreasonable expect them to top up within just 2 hours is wrong.... furthermore they found buyers to take over the shares.....and yet they dont care..... all actions from goldman sac only point to one purpose to sell in the public domain in order to bring down the price.... totally against client interest.... This is not acceptable... Now the market is dead because goldman action of course we blame him..... we need to find the caused for the market dead.... Market was performing well when the 3 trio is doing well.... even though i dont trade but we traders benefit from the sentiment.... from what i see they are really into building up their assets.... not just any pump and dump..... But because.of goldman the market is dead..... tell me how not to blame goldman..... i cant blame sgx because they are pressure by the medias..... but goldman is the one that pull the trigger..... Goldman must pay.... i studied law before and there is a strong case against goldman..... wanglausern      ( Date: 25-Nov-2013 15:51) Posted: Please don't speculate. I know what it's like to deal with investment banks.

 

GS acted in accordance with " share margin agreement " ????.....Track record of Goldman is quite on the contrary.....for those who forgot the recent past !!  SGX and MAS " MUST" come on VERY STRONGLY on GS, if we are to survive as a vibrant global financial hub !

1)Goldman Sachs Charged With Fraud
SEC Alleges Firm Misled Investors on Securities Linked to Subprime Mortgages Major Escalation in Showdown With Wall Street

http://online.wsj.com/news/articles/SB10001424052702303491304575187920845670844

2)Goldman Sachs Shorted Greek Debt After It Arranged Those Shady Swaps

http://www.businessinsider.com/goldman-sachs-shorted-greek-debt-after-it-arranged-those-shady-swaps-2010-2

(1)Caused the US subprime crisis in 2008.
(2)Caused the Euro crisis in 2010

xtraderx      ( Date: 25-Nov-2013 20:31) Posted: Agree. Goldman sachs would not have force sold their customers' shares if they were not authorised to do so, they must have covered their asses in the share margin agreement.  sharefrenz      ( Date: 25-Nov-2013 18:34) Posted: as far as the rules and regulations are concerned, it is highly unlikely that the whales will break any. they know fully well   that if they break any, all profit shall be  forfeited  plus penalties and they are playing in the world famous efficient country like singapore. on the service provided to their clients, there is the loan/service agreement. whether there is any mishandling (on purpose to achieve their money making objective or otherwise), it is just part of their game plan. anyway, all cost (trading cost, lawyer fees, courts fees, compensation, etc.) must have already been factored in and there is obviously huge profit. all being said, just treat this as a learning experience (a painful ones, I know) and move on. there r just quite many whales in the world who move billions of dollars at a press of button and they play like this (in this case, it may be just GS or maybe other parties are in as well) coupled with the sharks (who move hundreds of million of dollars) around, ikan billis like many of   us here just need to learn how to survive in this 'challenging' world of trading, unless u choose to be out of the game.

 

Agree. Goldman sachs would not have force sold their customers' shares if they were not authorised to do so, they must have covered their asses in the share margin agreement. 

sharefrenz      ( Date: 25-Nov-2013 18:34) Posted: as far as the rules and regulations are concerned, it is highly unlikely that the whales will break any. they know fully well   that if they break any, all profit shall be  forfeited  plus penalties and they are playing in the world famous efficient country like singapore. on the service provided to their clients, there is the loan/service agreement. whether there is any mishandling (on purpose to achieve their money making objective or otherwise), it is just part of their game plan. anyway, all cost (trading cost, lawyer fees, courts fees, compensation, etc.) must have already been factored in and there is obviously huge profit. all being said, just treat this as a learning experience (a painful ones, I know) and move on. there r just quite many whales in the world who move billions of dollars at a press of button and they play like this (in this case, it may be just GS or maybe other parties are in as well) coupled with the sharks (who move hundreds of million of dollars) around, ikan billis like many of   us here just need to learn how to survive in this 'challenging' world of trading, unless u choose to be out of the game.

 

Once again unto the breach.

terencee      ( Date: 25-Nov-2013 20:25) Posted: Bro, pls quit taking drugs. You already lost yourself. This is liongold. Not blumont. Thank you very much. wanglausern      ( Date: 25-Nov-2013 19:12) Posted: You and TPG will see chow-ang-moh Alex chicken out from buying up Neo's stake this Dec 6th and then we see who gets the last luff

 

Bro, pls quit taking drugs. You already lost yourself.

This is liongold. Not blumont. Thank you very much.

wanglausern      ( Date: 25-Nov-2013 19:12) Posted: You and TPG will see chow-ang-moh Alex chicken out from buying up Neo's stake this Dec 6th and then we see who gets the last luff. Rosesyrup      ( Date: 25-Nov-2013 18:46) Posted: Nice one bro.

 

Lawsuits shines light on Goldman's role in   Asiasons, Blumont & Liongold crash !......

http://stockmarketmindgames.blogspot.sg/

 

...more from SG Talk......for those who forgot the recent past !!  SGX and MAS " MUST" come on VERY STRONGLY on GS, if we are to survive as a vibrant global financial hub !

1)Goldman Sachs Charged With Fraud
SEC Alleges Firm Misled Investors on Securities Linked to Subprime Mortgages Major Escalation in Showdown With Wall Street

http://online.wsj.com/news/articles/SB10001424052702303491304575187920845670844

2)Goldman Sachs Shorted Greek Debt After It Arranged Those Shady Swaps

http://www.businessinsider.com/goldman-sachs-shorted-greek-debt-after-it-arranged-those-shady-swaps-2010-2

(1)Caused the US subprime crisis in 2008.
(2)Caused the Euro crisis in 2010

 

...found this on another forum...SG Talk.

Goldman Sachs Takes Information From Its Clients And Uses It To Trade Against Them, Says Private Equity Investor

http://www.businessinsider.com/goldman-sachs-trades-against-clients-2011

A private equity investor is quoted questioning the existence of a " Chinese wall" at Goldman in a new book about Goldman Sachs.

Whether or not Goldman Sachs has a " Chinese Wall" barring prop traders from trading on information gleaned from the firm's client business has been questioned for some time now.

(Technically, all firms that engage in both have to separate the businesses, or it's illegal.)

Officially all investment banks have china wall. All singapore brokerages engage in margin accounts, proprietary trading and handling of client accounts are also suppose to have china wall. But people aware of each others information will try to acquire it....in Goldman where there is culture of pure greed and blatant disregard for fudiciary duties towards clients as seen from past investigations into the firm such breakdown in china walls should be no surprise to anyone. Right now MAS and SGX should be checking if Goldman has done any trades in the stocks that collapsed.

singa9999      ( Date: 25-Nov-2013 19:09) Posted: http://liongoldcorp.listedcompany.com/misc/LionGold_Factsheet_October2013.pdf > > > wake up Lion, you have a pathetic valuation (17 vs industry ave of 217) based on current share px.......some one may otherwise buy you out & encage you as the new OWNER......no point crying a lot then, Roar now & run faster !!!! singa9999      ( Date: 25-Nov-2013 18:50) Posted: LION, wake up !!.... physical gold price will soon follow Shanghai gold price benchmark with Comex losing it's power as physical gold stock diminish.... China to start gold swaps trading on Nov. 25 Nov 22 (Reuters) - China, set to overtake India this year as the world's top gold consumer, will start gold swaps trading on the interbank market next week, giving more hedging tools for banks dealing in bullion. The Shanghai-based China Foreign Exchange Trade System will start gold swaps trading on November 25th, with the Shanghai Gold Exchange responsible for related settlement and delivery, the National Interbank Funding Center said in a statement on Friday. The start of gold swaps trading comes as China is taking steps to open up its gold market and increase financial investments. The Shanghai Futures Exchange launched simulated trading for gold and copper options on Tuesday. The central bank said in September it plans to raise the number of firms allowed to import and export gold and also ease restrictions on individual buyers of the precious metal. Chinese gold purchases will top 1,000 tonnes in 2013 due to a surge in demand for gold jewellery, bars and coins, according to World Gold Council forecasts. The amount is well ahead of India, bullion imports have fallen due to government restrictions aimed at supporting the currency and reducing a current account deficit.

 

My bad, but who is Neo? ==

wanglausern      ( Date: 25-Nov-2013 19:12) Posted: You and TPG will see chow-ang-moh Alex chicken out from buying up Neo's stake this Dec 6th and then we see who gets the last luff. Rosesyrup      ( Date: 25-Nov-2013 18:46) Posted: Nice one bro.

 

Alex in liongold? Lol. Owned

wanglausern      ( Date: 25-Nov-2013 19:12) Posted: You and TPG will see chow-ang-moh Alex chicken out from buying up Neo's stake this Dec 6th and then we see who gets the last luff. Rosesyrup      ( Date: 25-Nov-2013 18:46) Posted: Nice one bro.