
Profit warning + Deleted from MSCI Smallcap Index = Strong selling on Monday (11 Nov).
PROFIT WARNING IN RELATION TO THE FINANCIAL RESULTS FOR THE HALF YEAR ENDED 30 SEPTEMBER 2013
http://infopub.sgx.com/FileOpen/LGC_ProfitWarningHalfYearFY2014_08112013.ashx?App=Announcement&FileID=263432
http://infopub.sgx.com/FileOpen/LGC_ProfitWarningHalfYearFY2014_08112013.ashx?App=Announcement&FileID=263432
MSCI Smallcap Indice Changes:
MSCI SINGAPORE INDEX   
Additions         
ASIAN PAY TELEVISION   
GSH CORP   
INTERNATIONAL HEALTHWAY   
KRISENERGY   
MAPLETREE GREATER CHINA   
OUE HOSPITALITY TRUST   
REX INTERNATIONAL HLDG   
ROWSLEY   
SINGHAIYI GROUP   
SOILBUILD BUSINESS REIT   
SPH REIT   
UNITED ENVIROTECH   
YHM GROUP   
Deletion   
AMTEK ENGINEERING   
ASIASONS CAPITAL   
INNOPAC HOLDINGS   
LIONGOLD CORP
MSCI SINGAPORE INDEX   
Additions         
ASIAN PAY TELEVISION   
GSH CORP   
INTERNATIONAL HEALTHWAY   
KRISENERGY   
MAPLETREE GREATER CHINA   
OUE HOSPITALITY TRUST   
REX INTERNATIONAL HLDG   
ROWSLEY   
SINGHAIYI GROUP   
SOILBUILD BUSINESS REIT   
SPH REIT   
UNITED ENVIROTECH   
YHM GROUP   
Deletion   
AMTEK ENGINEERING   
ASIASONS CAPITAL   
INNOPAC HOLDINGS   
LIONGOLD CORP
its ok, bad thurs for most.
Rosesyrup ( Date: 07-Nov-2013 12:37) Posted:
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Agree with Rosesyrup, discussion only.  Of the 3, I prefer Lion since it is the only one trading below its current NAV of 0.255 ( as reported in many analyst statements/blogs). In the event the company is asked to delist, although unlikely, NAV value is the minimum it MUST give to the existing shareholders, not ZERO.  And with the upcoming qtr results on Nov 14th (same date was last year), wherein they may report good profit (taking cue from their record gold production & stellar CNMC results out yesterday), their NAV may actually rise and also rise further with higher gold prices expected by year end.
Some analysts blog state that just doing nothing but just selling their gold assets, they may easily fetch around 0.30cents/share.  Further their enterprise value per ounce of gold is below 20, way too low for any sized gold compnay in the world currently.....hence I speculate that they maybe prime take-over target for their very well-diversified gold assets, not to mention the recent fantastic find in Africa !  Terencee, I would not panic therefore !  Day traders shall continue to create turmoils but I remain unfazed.  Good Luck ! Singa9999.
Rosesyrup ( Date: 07-Nov-2013 13:09) Posted:
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Discussion only, not posting it as " news" .
Your following statement is a false dichotomy.
" Unless you all blindly follow people's calls, otherwise, why should you all be worried when the company have fundamentals ?  "
Fundamental is not the only thing that is  required for a company to keep operating. Legaliy matters too plus not sure what they will find too.
 
 
terencee ( Date: 07-Nov-2013 13:04) Posted:
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Some times I wonder why you guys enjoy scaring yourselves ? Haha.. Dont make me panic also leh.. 
 
You guys like to keep posting stuffs which are not recent also. Unless you all blindly follow people's calls, otherwise, why should you all be worried when the company have fundamentals ? 
Thanks for pointing that out. Seems like I got my date wrong.
They might announce it.
singa9999 ( Date: 07-Nov-2013 12:53) Posted:
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SIAS forum is on Nov 14th ( next thursday)  at MND auditorium and it is to discuss the rights of shareholders in the 3 affected stocks......nothing about investigation findings etc.  Pl refer to SIAS weblink to know the facts right !
Rosesyrup ( Date: 07-Nov-2013 12:48) Posted:
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My take is be the rise averse.
If investigation result is not too harmful to price, Monday will rocket up. The most you buy 10-20% higher. But as Singa999 said, this counter is way undervalued. So it shouldn't really matter.
If investigation result is real bad, this counter might get delisted, loss = 100%
Buy on Friday or now, upside = 20% while downside = 100%.
Just my take, you decide for yourself.
XwiCkedX ( Date: 07-Nov-2013 12:39) Posted:
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Damn...hard to decide which one to be :)
Rosesyrup ( Date: 07-Nov-2013 12:19) Posted:
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NVM...my bad, I see your question now, my bad.
The forum I mentioned, refers to the upcoming SIAS forum where they should be announcing their investigation finding into the trio.
danytan ( Date: 07-Nov-2013 12:35) Posted:
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Ok
Rosesyrup ( Date: 07-Nov-2013 12:33) Posted:
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Liongold? Not apparent enough?
danytan ( Date: 07-Nov-2013 12:28) Posted:
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Which forum is this?
Rosesyrup ( Date: 07-Nov-2013 12:19) Posted:
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Risk taker jeep on Friday before forum, cos they might announce something during forum and investors tend to rout before that.
Risk averse jeep on Monday, cos after announce dust settled down.
danytan ( Date: 07-Nov-2013 12:07) Posted:
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Looks like opportunity
XwiCkedX ( Date: 07-Nov-2013 12:02) Posted:
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Time to jeep?
Nice one, agreed.
 
starlene ( Date: 06-Nov-2013 22:52) Posted:
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Share and discuss each other's views and make $$$ don't rejoice over other pple's loss and lose $$$ don't b \lame other forummers..make your decisions and don't follow blindly