Shen Yao
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ThinkEnv name change to Liongold Corp
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What does square off position mean
akchua ( Date: 15-Nov-2013 15:20) Posted:
Today is friday, expect people to square off their position at the last 15 min before market close.
Trade with care.
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lol......change soup didn't change medicine......lol
Jackpot2010 ( Date: 15-Nov-2013 15:18) Posted:
Background of subscribers.
1. Wintercrest Advisors LLC - is a newly incorporated hedge fund in USA (about 2 months old) and a wholly-owned subsidiary of Platinum Partners Value Arbitrage Fund. PPVAF is a prime suspect of share rigging of the trio (as alleged by The Edge) - but nothing is proven yet pending MAS investigation. Allotted the bulk of this placement - 80m shares at $0.183
2. Stephen Yeo Mah Ai - insurance brokers at NTUC Income. Allotted 6m shares at $0.183
3. Sia Ah Kheng - no info on web. Co says he is in construction business, so in a sense he is not a 'sophisticated' investors for Minerals, Oil & Gas businesses. Alloted 12m shares at $0.183
DYODD - don't jump in b'cos co found new investors - they may well be " all in the same family" .
Jackpot2010 ( Date: 15-Nov-2013 14:31) Posted:
This news is neutral - neither good nor bad to retail investors. DYODD
15 Nov - Placement of 98m shares at $0.183 = $17.9m.
Does it mean that the fair value is only $0.183? For the past 1 & a-half yr, Share px of LionGold was very steady at above $1.00 before the crash (see graph below). So those who bought then r diluted by this placement at only $0.183. With net proceeds of just $17.9m there won't be any meaningful investment. The co must have hit the wall and have other means of raising working capital. Introduction fee is 5%.
As recent as 11 Oct (a month ago), co had to cancel a placement for 180m shares at $1,10907 & additional 135m warrants at $0.02. These 2 would have netted over $200m if it went thru but was terminated b'cos of the crash - what a pity.
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Today is friday, expect people to square off their position at the last 15 min before market close.
Trade with care.
Background of subscribers.1.
Wintercrest Advisors LLC - is a newly incorporated hedge fund in USA (about 2 months old) and a wholly-owned subsidiary of Platinum Partners Value Arbitrage Fund.
PPVAF is a prime suspect of share rigging of the trio (as alleged by The Edge) - but nothing is proven yet pending MAS investigation. Allotted the bulk of this placement - 80m shares at $0.183
2.
Stephen Yeo Mah Ai - insurance brokers at NTUC Income. Allotted 6m shares at $0.183
3.
Sia Ah Kheng - no info on web. Co says he is in construction business, so in a sense he is not a 'sophisticated' investors for Minerals, Oil & Gas businesses. Alloted 12m shares at $0.183
DYODD - don't jump in b'cos co found new investors - they may well be " all in the same family" .Jackpot2010 ( Date: 15-Nov-2013 14:31) Posted:
This news is neutral - neither good nor bad to retail investors. DYODD
15 Nov - Placement of 98m shares at $0.183 = $17.9m.
Does it mean that the fair value is only $0.183? For the past 1 & a-half yr, Share px of LionGold was very steady at above $1.00 before the crash (see graph below). So those who bought then r diluted by this placement at only $0.183. With net proceeds of just $17.9m there won't be any meaningful investment. The co must have hit the wall and have other means of raising working capital. Introduction fee is 5%.
As recent as 11 Oct (a month ago), co had to cancel a placement for 180m shares at $1,10907 & additional 135m warrants at $0.02. These 2 would have netted over $200m if it went thru but was terminated b'cos of the crash - what a pity.
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How many shorts
ssw518 ( Date: 15-Nov-2013 15:14) Posted:
Lots of short execute from 0.197 to 0..192
trade with care
since most of us are long term cash holding, jus sit back and relax should closed back to 0.195 |
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Gotten a bit more. To burn the shorts later. Hopefully will match out whatever I have at closing.
Lots of short execute from 0.197 to 0..192
trade with care
since most of us are long term cash holding, jus sit back and relax should closed back to 0.195
the holding period is also my concern too. Thats why I decided to stay back and watch with my current holdings only. Cos once they get their shares, they can sell immediately for a quick profit. While the share price suffers.
ssw518 ( Date: 15-Nov-2013 14:44) Posted:
That's the point that bring down the px, they need fund to ensure their mine is develop as per schedule, that scare ppl
one more reason that holds me back to buy at current px is no condition attach for
holding period like 6-12mth cannot sell etc....
meanwhile to collect more when it fall below support level 0.19
maixisuahlai ( Date: 15-Nov-2013 14:31) Posted:
| let's put it this way la, maybe they desperately need money due to short term cash flow problem because of this incident. so bad shape already that beggars can't be choosers so just have to offer at lower price to get investors onboard lor |
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That's the point that bring down the px, they need fund to ensure their mine is develop as per schedule, that scare ppl
one more reason that holds me back to buy at current px is no condition attach for
holding period like 6-12mth cannot sell etc....
meanwhile to collect more when it fall below support level 0.19
maixisuahlai ( Date: 15-Nov-2013 14:31) Posted:
let's put it this way la, maybe they desperately need money due to short term cash flow problem because of this incident. so bad shape already that beggars can't be choosers so just have to offer at lower price to get investors onboard lor.
ssw518 ( Date: 15-Nov-2013 14:22) Posted:
Long term yes I agree is good news but short term I disagree
Simple logic, if the company offer below NAV that only means I should not buy
above offer price....
I am vested only for long term, only to add more if fall below 0.19
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let's put it this way la, maybe they desperately need money due to short term cash flow problem because of this incident. so bad shape already that beggars can't be choosers so just have to offer at lower price to get investors onboard lor.
ssw518 ( Date: 15-Nov-2013 14:22) Posted:
Long term yes I agree is good news but short term I disagree
Simple logic, if the company offer below NAV that only means I should not buy
above offer price....
I am vested only for long term, only to add more if fall below 0.19
terencee ( Date: 15-Nov-2013 14:06) Posted:
totally agree bro..
Thats why i say, liongold is a better bet right now than so many other counters. This one if not greedy, 40c to 60c can let go and earn 2 folds. Why not hold onto it and watch your money grow ? |
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This news is neutral - neither good nor bad to retail investors. DYODD15 Nov - Placement of 98m shares at $0.183 = $17.9m.
Does it mean that the fair value is only $0.183? For the past 1 & a-half yr, Share px of LionGold was very steady at above $1.00 before the crash (see graph below). So those who bought then r diluted by this placement at only $0.183. With net proceeds of just $17.9m there won't be any meaningful investment. The co must have hit the wall and have other means of raising working capital. Introduction fee is 5%.
As recent as 11 Oct (a month ago), co had to cancel a placement for 180m shares at $1,10907 & additional 135m warrants at $0.02. These 2 would have netted over $200m if it went thru but was terminated b'cos of the crash - what a pity.
Now only need SGX, SIAS and MAS to say 'its an honest mistake on our part. Lets move on'.
psyren ( Date: 15-Nov-2013 14:25) Posted:
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Do anyone hear any information about the investigation of MAS? I think that we should have some news on 14 Nov already right? If the MAS and SGX can't make public clear about the three companies, these stocks will keep devalued no matter how good their reports are. sigh...
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Do anyone hear any information about the investigation of MAS? I think that we should have some news on 14 Nov already right? If the MAS and SGX can't make public clear about the three companies, these stocks will keep devalued no matter how good their reports are. sigh...
Long term yes I agree is good news but short term I disagree
Simple logic, if the company offer below NAV that only means I should not buy
above offer price....
I am vested only for long term, only to add more if fall below 0.19
terencee ( Date: 15-Nov-2013 14:06) Posted:
totally agree bro..
Thats why i say, liongold is a better bet right now than so many other counters. This one if not greedy, 40c to 60c can let go and earn 2 folds. Why not hold onto it and watch your money grow ?
singa9999 ( Date: 15-Nov-2013 14:04) Posted:
calm down folks....let's celebrate the good news and hear " the Lion roar" , as we are " Singapore" !! Recently a few months back Hankore did a placement at 0.05c, cccx123 knows, and the stock climbed over 65% to 0.085 (now at 0.067 due to the penny stock fiasco & brokerage blocks) BUT more to come.
With Lion in such a beaten down position and such fantastic well diversified assets and a super-low valuation of USD16/ounce of gold vs industry average of 217, a few fold run up cannot be ruled out !! Huat Ah, now that people are pouring miilions into your mouth !!!! |
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don't be disappointed bro, coz everyone expecting it to run so they purposely don't run. anyway i really think liongold should be no problem one la. it just happened to be suay and got caught up in this incident coz of all the intertwined connections with the 2 other companies. operationally wise the company is still sound and expected to have another 2 of their gold mines that they acquired to start gold production in 2015. also i see this Nicholas Ng i think he should be ok one la, during designation period he still told TheEdge he did all he could, he wrote in to beg and scold SGX somemore. if guilty still dare to scold them meh? lol. but maybe other insiders got problem this i dunno la but i think problem will be solved once the perpetrator is caught and removed. maybe out of the trio really got 1 of them got problem la but i don't think all 3 will go down together. cannot be worst case scenario all 3 also delisted ma right? so be positive and patient.
danytan ( Date: 15-Nov-2013 14:04) Posted:
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Back to stock talk. Disappointed it cannot hold 0.2 |
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Good one, limpeh!!!
Itachi ( Date: 15-Nov-2013 13:56) Posted:
Wah Kao, got good news also want to fight? Lim peh really want to just diam diam read only. People like you instead of cornering stock market, you cornering lim peh. Make until lim has no choice but to log in and say something here. Lim peh really tired of this crap already, can I just read news instead of crap or not? Hor? Want to fight go else where.
Also don't start to think you are the only one with hair then can bully student. Don't believe you go ask your mum, whose hairs was found on your face when you were born. If you ever want to know who limpeh is, arrange a day we come out to drink coffee. Limpeh make sure you suck egg.
Kan. Wasted time remembering my password and typing here.
Eh paiseh everyone, I leave now. Continue posting good news. Huat Ah.
vincente ( Date: 15-Nov-2013 13:03) Posted:
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You think you are damn smart here?You are just a arrogant brat and attention seeker student here.Wonder whtr yr pubic hair has grown hard enough or maybe it is still a white tiger.Yr posting behaviour is damn childish. I see yr posting make me doo lan. Addressing other seniors as Aunty or Uncle showed a contempt of yrself.By calling them aunty and uncle is a insult to them especially in this forum. You are implying that they should be in the wet market and not in the stock market. And at the same time you want to impress that you are young and have such a good stock knowledge. Pleas lah, spare me the agony.I can read behaviour characteristics very well. Cant you do what the Romans do here and respect the peace here.I notice 7 out of yr 10 postings, there are arguments bwteen you and the others.These heated exchanges are with different forumners some more.This shows the general acceptance level of yr views in this forum is very low and with many thumbs down.
Yr Olam analysis is totally a disaster. If you think yr yr views are so good and supported with facts then why the px have not move to yr TP 3.20.Worst still yr 3.20 is without any time frame. Isnt analysis is also a guess work. Finally my advice for you is dont try to teach a grandmother how to suck eggs.Yu never know who you are talking to at the other end.
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no wonder the soup always taste the same
ace333 ( Date: 15-Nov-2013 14:15) Posted:
a more constructive thing to do is find out who is
Wintercrest Advisors LLC
HINT: is it a case of change soup don't change medicine...........lol
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Shorted at 20.5cts and covered and longed a little at 19.8cts. I agree that this is a counter with extremely and unusually low valuations. However, the hangover of an ongoing sgx and MAS investigation will continue to be a massive drag on the stock. Not willing to invest a lot on this counter until the fallout is over. May well have to buy at a higher price later on, but it's all about risk management.
Am also very disappointed at the heavily discounted subscription price in the recent announcement. Management could have helped set a floor on valuations with a higher subscription px but the board appears to have other ideas. If not, the board could have selected other funds besides PPVA, funds of more credible reputes. PPVA is already heavily involved in the trio and Innopac. It might have been better to inject fresh ideas and perspectives into the company.
Keeping my cards close to the chest until the air clears. CE
friday effect I suppose and some shortists i believe, happily covering due to low buyers due to brokerage blocks......have to wait ! Hope monday the brokerages unblock Lion.
Bigmama ( Date: 15-Nov-2013 14:12) Posted:
Like all days.... Drifting down slowly
danytan ( Date: 15-Nov-2013 14:04) Posted:
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Back to stock talk. Disappointed it cannot hold 0.2 |
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a more constructive thing to do is find out who is
Wintercrest Advisors LLC
HINT: is it a case of change soup don't change medicine...........lol
