
Trade Summary for Fri 21-12-2007,
Last | Trades | Volume | Bid Volume | Mid | Ask Volume |
0.005 | 1 | 500,000 | 500,000 | 0 | 0 |
0.010 | 226 | 138,434,000 | 93,329,000 | 0 | 45,105,000 |
0.015 | 1 | 500,000 | 0 | 0 | 500,000 |
TOTAL | 228 | 139,434,000 | 93,829,000 | 0 | 45,605,000 |
Just a gentle reminder (FYI), does this sound familier to everyone?.
teeth53 | Posted: 21-Nov-2007 22:01 | ||||||||||
Like the rest of mkt. Poor mkt sentiments. Digiland Last:0.01 Vol:12,155k ![]()
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SGX functions mainly as a marketplace for listed shares.
( stocks and the company's business are two separate 'entities' ) ...
In the case of L&M, judicial management underway... but there's no news of late...
Sometimes, an "Oh!" company may trade at a fabulously high price (eg. unbelievably high PE ratio).
(In primary school, my Chinese teacher told us a story in which a man was selling a wonderful product called "Oh!". There were a lot of buyers and his business boomed on the first day. But at the end of the day, many disatisfied customers came back to demand a refund. But the man ask them why, whereupon they said when they opened the matchbox they had bought, a fly flew away from it. The man asked them what happened after that. The customers said they exclaimed "Oh!".
The man then smiled and told them since he had sold them what they wanted, they had no right to ask for a refund. The unhappy customers then realised their own folly and each went away with heads drooping.)...
Manikamaniko,
Thanks for your info. and sharing...
One more question? U mean SGX will not do anything for the shareholders?
Thanks!
ok:)
But do you know why this company went down till today's price? The fundamental of the company not good or market sentiment?
But wont the company itself do something abt it?
Ya.. what to do...
In those days, I was a very staunch (ie. stubborn) "long-term investor"...
My buddy, who is a remisier, was also a "hold until die" type of investor himself...
We have only ourselves to blame for any losses...

wah~~ Manikamaniko that was really a huge amount of money gone man....
But thanks for sharing

It can be very risky ...
I had a bad experience with L&M previously... I had bought 300 lots @ 0.85 (85c)...
It later went to 0.005!... then poop!... it's all gone!!!... just like that!!!
Back then, I had a 'long term investor' mentality, (though I was also trading commodity futures at that time, using nothing but TA). But nowadays, I am just a short-term investor using TA as my 'gutsy' tool with stocks...
(Many will remember vividly how the media, analysts, etc, (BT, etc) had write-up pieces which brought that stock to the stratosphere) ...

What will happen if you wanted to sell at 1/2 cent and there is no buying queue?? It can't possibly queue lower than that already???
How? Anyone? Thanks
will the price go to ZERO cents? what happen to the company if that happens?
Thanks~!

I thot they originally had a MOU to go into property then it wasn't successful and then they release another MOU to go into coal mining firm? Maybe when the timeline is up, they will say it is not successful and release another MOU. Don't have much faith in this co. unless it proves me wrong.
I had holdings from 0.055 and also 0.02 but all still heavily loss making. the worst counter on my portfolio.
will give this a miss, wait for the outcome of the MOU with the Indonesian coal mining firm first.
Why do you want to buy and sell at the same price? If you do not have confident on this company, why do you buy it in the first place??
I just bought Digiland at .01cts, yesterday but look funny, shall I sell in to .01cts to the buyer.
In June I also bought Digi for .045cts.
I am lost at this counter.Pls advice.Many tks.
NKI
Manikamaniko,
Are you a broker?
