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What?s Happened to Blumont, Asiasons and LionGold
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Rebound today!!!!
asia blue lion today cute cute..?
以 和 为 贵 。 。 。 。 。 dont push too far
maixisuahlai ( Date: 29-Oct-2013 21:14) Posted:
No I doubt so. The program is just to talk about what are the early tell tale signs to look out for, how to choose good companies, sharing about fraud insurance and lastly a panel discussion to let retail investors know what are their rights when instances of these things happen. To me more like enrichment course lol..
Rosesyrup ( Date: 29-Oct-2013 21:03) Posted:
| Are they going to reveal their investigation result during the forum |
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SIAS accepting SGX's explanations for her (" too slow?" ) actions taken..... LOL.
Swee!!! Lets see wat MAS can dig .. Likely nothg will be found other then those short the counters naked on the fateful day of the ultimate crash...other then that ... La sap ka all got their asses covered nicely ... No one wld be so stupid to leave behind traces to be caught ... These lau sap ka all sophiscated pro ... It's like watching Leonardo catch me if u can .... Lets hope and pray for speedy stablization and recovery !!! Huat to all!!!
maixisuahlai ( Date: 29-Oct-2013 23:28) Posted:
| let me get this right first guys...i'm not saying that this is officially over. see if it appears in the papers tomorrow. if it does then it'll help to lift market sentiments a little. this is just the first hurdle that the trio has passed but you are forgetting about MAS and their attempt to derive anything from their investigations which has yet to have any news. this would be the second hurdle. just that the way i see it, i think the end result would be nothing will eventually come out of it and then only will you see these 3 counters getting back on track... |
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let me get this right first guys...i'm not saying that this is officially over. see if it appears in the papers tomorrow. if it does then it'll help to lift market sentiments a little. this is just the first hurdle that the trio has passed but you are forgetting about MAS and their attempt to derive anything from their investigations which has yet to have any news. this would be the second hurdle. just that the way i see it, i think the end result would be nothing will eventually come out of it and then only will you see these 3 counters getting back on track...
Well said!! But LL lor they big shot mah hahahaha oh not forgetting mayb got Malaysia link so ppl high high up there also bey song Malaysian making money at their turf and their ah kong companies stock all stuck like ghost hahahaa then come the brilliant idea to downsize bid size so that mayb ah kong companies share can be more affordable then many will Cheong the stock then again LAh kpi met big big bonus to warm their wallet hahhhaaa juz cut the bullshits LAh can't find any wrong doing just bloody announce it right away LAh no need to cover backside say wat on going investigation .... Now memory still raw and fresh dare not to announce si bo??!!! Months later when everyone gotten over with it they will walk out of the woods and quietly annouce they didn't find any wrong doing just that market turn panicky and started selling down hahaaa just wait and see it will be another swiping motherhood statement coming our way hahaha
risktaker ( Date: 29-Oct-2013 23:05) Posted:
| If i am the boss i will take legal action ...any how call for.investigation..resulted in a drastic drop in market cap and potential deal for the company..... |
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If i am the boss i will take legal action ...any how call for.investigation..resulted in a drastic drop in market cap and potential deal for the company.....
Hahhaaha the result of the kopi session between the two that caused unwarranted market panic is as expected ... Got say like never say hahaaha after doing wat their so call duty to inform investors in the fear generating ways ... Now they are both at peace hahhaha best part can't find any wrong doing hahaha wat a classical fear monger pretending to be innocent after the storm..... Wtf!!! Mayb some one up there very super jealous that penny is commanding more investment than the ah kong companies which was literally stuck at some miserable price and no one was interested ... Now they happy lor ah kong companies stock Cheong .... Ho say for them kpi met Liao big big bonus coming for them LAh hahhaa .... Calling out to those vested hold ur shares and don't let the suckers profit from your losses!!!!! United we can hold the price and show them our middle finger refusing to sell ... Lets see how they wanna short and gain lor lol hahaha
So the news means nothing wrong with the 3 companies and investors just need to be aware?Huat Arr and the stocks will rise?
If we can valuate these three stocks here .come to some understanding of the valuation here we can create some stability to the market or else people are just going to short all damn penny stocks.
The trust here is better than if any XYZ says.
that's why from the beginning, I keep telling ppl, DYODD... and make YOUR OWN DAMN CHOICE!.. (" ,)
Octavia ( Date: 26-Oct-2013 16:51) Posted:
medivh ( Date: 26-Oct-2013 12:30) Posted:
so many speculative news suddenly from forummers..
play stk market in this times v. simple.. remember the golden rule.
never play beyond what you can afford play... bet small small can sleep nice nice even (" ,)
don't need to punt till as if money will surely fall on your lap. wish all here
HUAT ah (," ) |
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DMG's Restricted Stocks list
DMG's Restricted Stocks list - Prohibitions on internet trading and curbs Trading Curbs: - Asiasons - Blumont - LionGold - Skyone Prohibitions on internet trading: - China Environment - Innopac - IPCO - Tritech - ISDN - Mirach Energy - Swee Hong - Chasen
No I doubt so. The program is just to talk about what are the early tell tale signs to look out for, how to choose good companies, sharing about fraud insurance and lastly a panel discussion to let retail investors know what are their rights when instances of these things happen. To me more like enrichment course lol..
Rosesyrup ( Date: 29-Oct-2013 21:03) Posted:
Are they going to reveal their investigation result during the forum?
maixisuahlai ( Date: 29-Oct-2013 20:52) Posted:
| Haha the forum is not free, $10 registration. Anyway I'm not concerned with whatever new circuit breakers they are going to come up with in the future. Just hope that this means normal trading to resume back for these 3 counters after this. |
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Are they going to reveal their investigation result during the forum?
maixisuahlai ( Date: 29-Oct-2013 20:52) Posted:
Haha the forum is not free, $10 registration. Anyway I'm not concerned with whatever new circuit breakers they are going to come up with in the future. Just hope that this means normal trading to resume back for these 3 counters after this.
Rosesyrup ( Date: 29-Oct-2013 20:20) Posted:
That's what the upcoming forum is for. To review existing controls |
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SIAS president is the one who raised the very red flag to signal irrational exuberance.
Before he makes the announcement the stock trading should be halted.
Or else the lightning God would strike.
maixisuahlai ( Date: 29-Oct-2013 20:13) Posted:
You know what this comes across to me when I read it? It comes across to me as: "Ok sgx you have done your job, done whatever you could and I accept your explanation. Meanwhile if there's any findings then action will be taken, if not we will move on from here. And all you investors also need to take responsibility for your own investments in future k" And you know what? They won't be able to find any wrong doings in the end. Just more circuit breakers to indicate red flags.
paladin ( Date: 29-Oct-2013 20:04) Posted:
| This is classic. Sias and sgx talked about nothing new and both ended up happy with each other. They must be patting each other on the back for a good job done while we suffer the conseqences. Want to play act at least also must put in some effort lah. Hiaz..... |
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Haha the forum is not free, $10 registration. Anyway I'm not concerned with whatever new circuit breakers they are going to come up with in the future. Just hope that this means normal trading to resume back for these 3 counters after this.
Rosesyrup ( Date: 29-Oct-2013 20:20) Posted:
That's what the upcoming forum is for. To review existing controls.
maixisuahlai ( Date: 29-Oct-2013 20:13) Posted:
| You know what this comes across to me when I read it? It comes across to me as: "Ok sgx you have done your job, done whatever you could and I accept your explanation. Meanwhile if there's any findings then action will be taken, if not we will move on from here. And all you investors also need to take responsibility for your own investments in future k" And you know what? They won't be able to find any wrong doings in the end. Just more circuit breakers to indicate red flags |
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welcome to the real world..!!!
That's what the upcoming forum is for. To review existing controls.
maixisuahlai ( Date: 29-Oct-2013 20:13) Posted:
You know what this comes across to me when I read it? It comes across to me as: "Ok sgx you have done your job, done whatever you could and I accept your explanation. Meanwhile if there's any findings then action will be taken, if not we will move on from here. And all you investors also need to take responsibility for your own investments in future k" And you know what? They won't be able to find any wrong doings in the end. Just more circuit breakers to indicate red flags.
paladin ( Date: 29-Oct-2013 20:04) Posted:
| This is classic. Sias and sgx talked about nothing new and both ended up happy with each other. They must be patting each other on the back for a good job done while we suffer the conseqences. Want to play act at least also must put in some effort lah. Hiaz..... |
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You know what this comes across to me when I read it? It comes across to me as: "Ok sgx you have done your job, done whatever you could and I accept your explanation. Meanwhile if there's any findings then action will be taken, if not we will move on from here. And all you investors also need to take responsibility for your own investments in future k" And you know what? They won't be able to find any wrong doings in the end. Just more circuit breakers to indicate red flags.
paladin ( Date: 29-Oct-2013 20:04) Posted:
This is classic. Sias and sgx talked about nothing new and both ended up happy with each other. They must be patting each other on the back for a good job done while we suffer the conseqences. Want to play act at least also must put in some effort lah. Hiaz......
maixisuahlai ( Date: 29-Oct-2013 19:33) Posted:
| SIAS questions actions of SGX over the 3 previously designated stocks - Blumont, LionGold and Asiasons |
| Date: 29 October 2013 | SIAS, represented by its President and Vice-President, yesterday met officials from SGX, represented by Ms Yeo Lian Sim, Mr Richard Teng, Mr Mohamed Nasser Ismail and Mr Kelvin Koh, to seek clarification on the actions taken by SGX over the 3 previously designated stocks, Blumont, LionGold and Asiasons, as many had suggested to SIAS that SGX was too slow in taking action. SIAS was advised by SGX that as a regulator it had taken measured steps and used all 3 main regulatory tools available to it, namely, to query the respective companies on unusual trading patterns as and when it happened, suspend the stock and designate the 3 stocks at the appropriate times. This is used in the best interest of the market and all players. SGX conducts real time surveillance and actively monitors the trading in each stock. Its main concern is to maintain a fair, orderly and transparent market. Where any potential market misconduct is detected, these are referred to the MAS and CAD for further investigations.
SIAS understands that unlike most markets, SGX publishes its ?queries? of listed companies as an additional regulatory tool to raise a ?red flag? to investors that trading activity in a particular security is unusual. SGX made it clear that making a query is not an expression of opinion on the stock queried nor is it the function of SGX to comment on the value of the stock concerned. This places the onus on investors and traders to make informed judgments as to the materiality of the information being disclosed by the companies and how the information could impact the price and valuation of a company. SGX provided to SIAS the charts showing the price movements, corporate announcements and when the SGX queries were made.
SIAS, like many investors, are also concerned on the conjoined fall in price of the three stocks in the same period and call on the authorities to swiftly investigate and take appropriate action if there has been manipulation of the stocks. SIAS accepts the explanation given by SGX on the steps taken by it. SIAS would advise market players that they are operating in a ?buyer-be-aware?market and the onus is on them to exercise knowledge and caution in their trading and investments. Investors must be vigilant to look out for red flags when they appear and make an informed decision on their investments. Investors must manage their risk and diversify their portfolio. Traders and investors can look forward to additional red flags when SGX implements the circuit breaker mechanism.
SIAS will also be holding a forum to discuss the rights of the shareholders in the affected 3 stocks on 14th November 2013 at 7pm at MND Auditorium. Admission is by registration only. To register, investors can do so online at www.sias.org.sg
David Gerald
President / CEO
SIAS
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